India Homes Ltd
Incorporated in 1990, India Steel Works Ltd manufactures and trades steel products[1]
- Market Cap ₹ 532 Cr.
- Current Price ₹ 13.4
- High / Low ₹ 14.6 / 3.81
- Stock P/E
- Book Value ₹ 0.55
- Dividend Yield 0.00 %
- ROCE -8.76 %
- ROE -47.3 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 24.5 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -46.3% over last 3 years.
- Contingent liabilities of Rs.231 Cr.
- Company might be capitalizing the interest cost
- Promoter holding has decreased over last 3 years: -14.2%
* 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 612.96 | 512.86 | 583.13 | 1,085.78 | 949.16 | 531.79 | 139.54 | 143.86 | 23.81 | 4.67 | 0.82 | -0.04 | 0.03 | |
| 616.58 | 489.65 | 563.52 | 1,058.03 | 948.59 | 538.77 | 176.01 | 176.69 | 85.15 | 24.64 | 6.98 | 5.66 | 4.13 | |
| Operating Profit | -3.62 | 23.21 | 19.61 | 27.75 | 0.57 | -6.98 | -36.47 | -32.83 | -61.34 | -19.97 | -6.16 | -5.70 | -4.10 |
| OPM % | -0.59% | 4.53% | 3.36% | 2.56% | 0.06% | -1.31% | -26.14% | -22.82% | -257.62% | -427.62% | -751.22% | -57,000.00% | -13,666.67% |
| 20.82 | 5.21 | 10.47 | 9.99 | 28.77 | 25.78 | 37.04 | 29.63 | 26.12 | -0.29 | 12.27 | 3.38 | 2.00 | |
| Interest | 15.19 | 11.03 | 9.86 | 19.00 | 16.74 | 13.30 | 9.64 | 9.00 | 7.90 | 8.22 | 10.15 | 4.20 | 3.60 |
| Depreciation | 14.56 | 15.31 | 17.96 | 18.36 | 8.41 | 10.90 | 10.61 | 7.60 | 7.55 | 7.48 | 7.58 | 6.88 | 1.80 |
| Profit before tax | -12.55 | 2.08 | 2.26 | 0.38 | 4.19 | -5.40 | -19.68 | -19.80 | -50.67 | -35.96 | -11.62 | -13.40 | -7.50 |
| Tax % | 0.16% | -1.92% | -78.76% | 7.89% | 0.00% | -0.37% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| -12.57 | 2.12 | 4.04 | 0.35 | 4.19 | -5.38 | -19.68 | -19.79 | -50.67 | -35.96 | -11.62 | -13.39 | -7.50 | |
| EPS in Rs | -0.32 | 0.05 | 0.10 | 0.01 | 0.11 | -0.14 | -0.49 | -0.50 | -1.27 | -0.90 | -0.29 | -0.34 | -0.19 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -105% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 21% |
| TTM: | 37% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 81% |
| 3 Years: | 91% |
| 1 Year: | 166% |
| Return on Equity | |
|---|---|
| 10 Years: | -13% |
| 5 Years: | -38% |
| 3 Years: | -46% |
| Last Year: | -47% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 39.81 | 39.81 | 39.81 | 39.81 | 39.81 | 39.81 | 39.81 | 39.81 | 39.81 | 39.81 | 39.81 | 39.81 | 39.81 |
| Reserves | 52.74 | 128.99 | 133.02 | 135.12 | 140.20 | 134.30 | 114.72 | 95.49 | 45.86 | 8.74 | -0.06 | -13.44 | -18.06 |
| 129.68 | 138.64 | 129.76 | 115.34 | 96.58 | 93.02 | 109.69 | 125.46 | 63.59 | 67.43 | 93.05 | 102.42 | 84.43 | |
| 151.60 | 177.60 | 251.31 | 259.52 | 301.01 | 326.94 | 312.48 | 274.04 | 288.12 | 290.53 | 269.54 | 263.19 | 288.11 | |
| Total Liabilities | 373.83 | 485.04 | 553.90 | 549.79 | 577.60 | 594.07 | 576.70 | 534.80 | 437.38 | 406.51 | 402.34 | 391.98 | 394.29 |
| 156.34 | 248.17 | 232.05 | 228.05 | 244.84 | 249.34 | 238.85 | 231.48 | 223.95 | 216.48 | 208.89 | 202.02 | 201.96 | |
| CWIP | 9.04 | 0.00 | 17.63 | 19.18 | 12.13 | 0.24 | 0.24 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 2.14 | 2.15 | 2.15 | 2.15 | 2.15 | 2.14 | 2.18 | 2.18 | 0.06 | 0.01 | 0.01 | 0.01 | 0.01 |
| 206.31 | 234.72 | 302.07 | 300.41 | 318.48 | 342.35 | 335.43 | 301.14 | 213.37 | 190.02 | 193.44 | 189.95 | 192.32 | |
| Total Assets | 373.83 | 485.04 | 553.90 | 549.79 | 577.60 | 594.07 | 576.70 | 534.80 | 437.38 | 406.51 | 402.34 | 391.98 | 394.29 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -28.76 | 23.01 | 36.95 | 19.29 | 22.12 | -3.71 | -42.36 | -40.02 | -3.89 | -1.04 | -21.91 | -6.27 | |
| -1.78 | -21.55 | -17.56 | -15.57 | -17.83 | -4.89 | 0.20 | 1.06 | -0.03 | 0.07 | -0.01 | -0.01 | |
| 22.25 | -1.46 | -18.25 | -3.82 | -5.96 | 8.92 | 41.95 | 39.18 | 3.39 | 1.02 | 21.92 | 6.29 | |
| Net Cash Flow | -8.29 | 0.00 | 1.14 | -0.10 | -1.67 | 0.31 | -0.20 | 0.22 | -0.53 | 0.04 | 0.00 | 0.01 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 23.38 | 28.50 | 41.26 | 9.67 | 14.64 | 26.08 | 34.63 | 26.13 | 4.14 | 17.98 | 0.00 | 0.00 |
| Inventory Days | 53.86 | 104.60 | 107.69 | 64.56 | 83.98 | 127.12 | 241.79 | 562.63 | 2,432.24 | 6,408.46 | 68,614.93 | 4,939,910.00 |
| Days Payable | 71.46 | 119.80 | 157.72 | 76.32 | 95.88 | 177.65 | 328.95 | 191.79 | 2,680.91 | 7,899.07 | 83,103.40 | 5,915,555.00 |
| Cash Conversion Cycle | 5.78 | 13.30 | -8.76 | -2.10 | 2.74 | -24.45 | -52.53 | 396.97 | -244.53 | -1,472.64 | -14,488.47 | -975,645.00 |
| Working Capital Days | 23.09 | 12.68 | 2.33 | -3.35 | -9.72 | -39.86 | -304.13 | 111.48 | -2,226.18 | -13,828.58 | -76,271.65 | -1,414,375.00 |
| ROCE % | -0.72% | 4.04% | 3.36% | 6.55% | 7.66% | 2.82% | -3.76% | -3.06% | -29.23% | -19.27% | -5.86% | -8.76% |
Documents
Announcements
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Unaudited Financial Results For The Quarter And Nine Months Ended 31St December 2025
1d - Unaudited Q3/9M results for Dec 31, 2025; auditor adverse review; going-concern doubts; inventories overstated; total debt ₹96.29 lakhs.
-
Board Meeting Outcome for Unaudited Financial Results For The Quarter And Nine Months Ended 31St December 2025
1d - Unaudited results for quarter/nine months ended Dec 31, 2025; auditor adverse opinion, going-concern doubt; debt defaults Rs32.10L, Rs64.19L
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 2d
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
2 Feb - Submission of copies of News Paper Advertisement regarding Notice of EGM
-
Cutoff Date For The Purpose Of EGM To Be Held On 23 02 2026
31 Jan - EGM on 23 Feb 2026 at 2pm via VC; e-voting cut-off date 16 Feb 2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Business Overview:[1]
Company is in the business of steel manufacturing and trading Cobalt derivatives, Bismuth & Tungsten derivatives, and organic intermediates including Tartaric acid derivatives and other intermediates.