Bihar Sponge Iron Ltd

Bihar Sponge Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Bihar Sponge Iron Ltd

₹ 12.3 -0.73%
05 Aug - close price
bsil.org.in BSE: 500058
About

Incorporated in 1982, Bihar Sponge Iron Ltd manufactures and sells pre-reduced form of Iron such as sponge iron[1]

Key Points

Business Overview:[1][2]
BSIL is engaged in manufacture, producing, purchase, export, sale and dealing of pre-reduced form of Iron such as sponge iron. The company’s primary product, sponge iron, is a high-quality pre- reduced ferrous material and, therefore, is preferred to most other materials in place of steel scrap by secondary steel producers operating induction and electric arc
furnaces for producing long products
for meeting the demand of construction
and infrastructure sectors.

Website BSE
  • Market Cap ₹ 111 Cr.
  • Current Price ₹ 12.3
  • High / Low ₹ 16.8 / 9.15
  • Stock P/E 9.78
  • Book Value ₹ -3.77
  • Dividend Yield 0.00 %
  • ROCE 39.0 %
  • ROE %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.

Cons

  • Promoters have pledged 52.0% of their holding.
  • Earnings include an other income of Rs.27.5 Cr.
  • Debtor days have increased from 33.4 to 53.0 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Commodities Metals & Mining Ferrous Metals Sponge Iron

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Quarterly Results

Figures in Rs. Crores

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
112.85 48.34 73.75 70.43 74.14 103.85 63.76 53.30 98.49 77.50 63.76 87.30 16.92
109.12 52.85 77.98 74.61 75.07 107.10 68.94 56.18 102.66 80.67 68.26 88.45 20.44
Operating Profit 3.73 -4.51 -4.23 -4.18 -0.93 -3.25 -5.18 -2.88 -4.17 -3.17 -4.50 -1.15 -3.52
OPM % 3.31% -9.33% -5.74% -5.93% -1.25% -3.13% -8.12% -5.40% -4.23% -4.09% -7.06% -1.32% -20.80%
1.75 6.25 6.43 6.37 6.47 8.00 7.70 5.83 8.38 6.29 7.25 8.37 5.56
Interest 0.11 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 1.06 1.06 1.06 1.06 1.05 1.06 1.06 1.06 0.85 1.01 1.01 1.01 0.79
Profit before tax 4.31 0.68 1.14 1.13 4.49 3.69 1.46 1.89 3.36 2.11 1.74 6.21 1.25
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
4.31 0.68 1.14 1.13 4.49 3.69 1.46 1.89 3.36 2.12 1.75 6.21 1.25
EPS in Rs 0.48 0.08 0.13 0.13 0.50 0.41 0.16 0.21 0.37 0.24 0.19 0.69 0.14
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0 0 0 0 0 0 22 86 463 267 319 245
3 4 3 3 3 3 17 83 449 280 335 258
Operating Profit -3 -4 -3 -3 -3 -3 5 3 14 -14 -15 -12
OPM % -9,175% 24% 3.5% 3.0% -5% -4.8% -5%
1 2 3 8 7 6 2 8 2 26 30 27
Interest 1 0 0 0 0 0 0 0 0 0 0 0
Depreciation 4 4 4 4 4 3 3 3 4 4 4 4
Profit before tax -7 -6 -4 -0 -0 -1 4 8 12 7 10 11
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
-7 -6 -4 -0 -0 -1 4 8 12 7 10 11
EPS in Rs -0.82 -0.65 -0.42 -0.01 -0.01 -0.09 0.44 0.92 1.35 0.82 1.15 1.25
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 139%
5 Years: 62%
3 Years: -19%
TTM: -23%
Compounded Profit Growth
10 Years: 15%
5 Years: 21%
3 Years: -2%
TTM: 56%
Stock Price CAGR
10 Years: 18%
5 Years: 6%
3 Years: 12%
1 Year: -15%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 90 90 90 90 90 90 90 90 90 90 90 90
Reserves -167 -173 -177 -177 -177 -178 -174 -166 -153 -146 -136 -124
129 126 94 94 95 93 121 119 136 119 110 27
42 43 65 61 55 53 27 100 92 119 67 99
Total Liabilities 94 86 73 68 63 58 65 143 164 182 132 92
65 61 57 52 48 45 42 61 57 53 50 42
CWIP 3 3 3 3 3 3 3 0 2 3 5 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0
26 21 13 13 12 11 20 82 105 126 78 50
Total Assets 94 86 73 68 63 58 65 143 164 182 132 92

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-0 -1 -3 0 -0 1 10 23 -16 19 8 -3
0 1 1 0 0 0 -0 -18 -2 -2 -0 2
-1 -3 -4 -0 0 -1 -10 -2 17 -17 -9 2
Net Cash Flow -1 -3 -6 0 0 -0 0 2 -1 1 -1 0
Free Cash Flow -1 -1 -3 0 -0 1 10 5 -17 17 8 -2
CFO/OP 16% 18% 111% -18% 1% -31% 188% 783% -106% -141% -60% 31%

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 0 40 0 0 0 14 53
Inventory Days 13,793 105,668 85 228 58 135 51 7
Days Payable 37,691 270,100 402 457 64 154 64 11
Cash Conversion Cycle -23,898 -277 -228 -6 -19 1 48
Working Capital Days -794,879 -1,129 -333 -26 -36 -16 3
ROCE % -9% -12% -20% -4% 17% -12% 21% 14% 21% 11% 11% 39%

Insights

In beta
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Installed Capacity
MT per annum

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Number of Employees
employees
Sponge Iron Revenue Share
%
Ex-workmen with Pending Settlements
persons

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
69.23% 69.23% 69.23% 69.23% 69.23% 69.23% 69.23% 69.23% 69.23% 69.23% 69.23% 69.23%
0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07%
30.70% 30.70% 30.69% 30.70% 30.70% 30.69% 30.69% 30.70% 30.69% 30.69% 30.69% 30.70%
No. of Shareholders 58,52958,89459,61859,20759,95860,27060,30260,04159,71059,71359,54459,146

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports