India Steel Works Ltd

₹ 3.79 4.41%

24 Apr - close price

About

Incorporated in 1990, India Steel Works Ltd manufactures and trades steel products^[1]

Key Points

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.

Website BSE

Market Cap ₹ 151 Cr.
Current Price ₹ 3.79
High / Low ₹ 5.29 / 1.44
Stock P/E
Book Value ₹ 0.93
Dividend Yield 0.00 %
ROCE -19.0 %
ROE -50.3 %
Face Value ₹ 1.00

Add ratio to table

Edit ratios

Pros

Cons

Stock is trading at 4.07 times its book value
Company has low interest coverage ratio.
Promoter holding has decreased over last quarter: -1.91%
The company has delivered a poor sales growth of -65.4% over past five years.
Company has a low return on equity of -36.8% over last 3 years.
Contingent liabilities of Rs.57.2 Cr.

* 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

Sector: Steel Industry: Steel - Medium / Small

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
	47.27	48.32	2.75	5.29	9.10	6.66	1.34	1.54	0.60	1.23	0.82	0.00	0.00
	49.34	77.30	5.97	8.59	11.88	58.71	6.37	6.96	4.16	7.18	2.34	1.90	1.90
Operating Profit	-2.07	-28.98	-3.22	-3.30	-2.78	-52.05	-5.03	-5.42	-3.56	-5.95	-1.52	-1.90	-1.90
OPM %	-4.38%	-59.98%	-117.09%	-62.38%	-30.55%	-781.53%	-375.37%	-351.95%	-593.33%	-483.74%	-185.37%
	3.97	26.07	2.89	1.00	2.83	19.40	0.46	0.06	0.06	-0.88	0.37	0.36	0.17
Interest	1.79	3.08	2.38	2.64	2.28	0.59	1.98	2.19	2.16	1.89	2.45	2.62	2.70
Depreciation	1.14	1.15	1.90	1.89	1.90	1.86	1.87	1.87	1.89	1.84	1.85	1.87	1.86
Profit before tax	-1.03	-7.14	-4.61	-6.83	-4.13	-35.10	-8.42	-9.42	-7.55	-10.56	-5.45	-6.03	-6.29
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%
	-1.04	-7.14	-4.61	-6.83	-4.13	-35.10	-8.43	-9.42	-7.55	-10.56	-5.45	-6.03	-6.29
EPS in Rs	-0.03	-0.18	-0.12	-0.17	-0.10	-0.88	-0.21	-0.24	-0.19	-0.27	-0.14	-0.15	-0.16
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
	601	725	613	513	583	1,086	949	532	140	144	24	5	2
	581	712	617	490	564	1,058	949	539	176	177	85	25	13
Operating Profit	20	13	-4	23	20	28	1	-7	-36	-33	-61	-20	-11
OPM %	3%	2%	-1%	5%	3%	3%	0%	-1%	-26%	-23%	-258%	-428%	-550%
	1	5	21	5	10	10	29	26	37	30	26	-0	0
Interest	15	14	15	11	10	19	17	13	10	9	8	8	10
Depreciation	14	14	15	15	18	18	8	11	11	8	8	7	7
Profit before tax	-7	-11	-13	2	2	0	4	-5	-20	-20	-51	-36	-28
Tax %	-0%	-0%	-0%	-2%	-79%	8%	0%	0%	0%	0%	0%	0%
	-7	-11	-13	2	4	0	4	-5	-20	-20	-51	-36	-28
EPS in Rs	-0.30	-0.46	-0.32	0.05	0.10	0.01	0.11	-0.14	-0.49	-0.50	-1.27	-0.90	-0.72
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Compounded Sales Growth
10 Years:	-40%
5 Years:	-65%
3 Years:	-68%
TTM:	-80%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	-35%
TTM:	67%

Stock Price CAGR
10 Years:	-4%
5 Years:	29%
3 Years:	76%
1 Year:	145%

Return on Equity
10 Years:	-11%
5 Years:	-22%
3 Years:	-37%
Last Year:	-50%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	23	23	40	40	40	40	40	40	40	40	40	40	40
Reserves	-17	-28	53	129	133	135	140	134	115	95	46	9	-3
Preference Capital	62	64	64	64	64	0	42	46	0	0	0	0
	128	138	65	74	66	115	55	47	110	125	64	71	75
	188	239	216	242	316	260	343	373	312	274	288	293	296
Total Liabilities	323	372	374	485	554	550	578	594	577	535	437	413	408
	152	161	156	248	232	228	245	249	239	231	224	216	213
CWIP	6	2	9	0	18	19	12	0	0	0	0	0	0
Investments	2	2	2	2	2	2	2	2	2	2	0	0	0
	162	207	206	235	302	300	318	342	335	301	213	196	195
Total Assets	323	372	374	485	554	550	578	594	577	535	437	413	408

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
	28	24	-29	23	37	19	22	-4	-42	-40	-4	-1
	-10	-18	-2	-22	-18	-16	-18	-5	0	1	-0	0
	-18	-1	22	-1	-18	-4	-6	9	42	39	3	1
Net Cash Flow	-0	4	-8	0	1	-0	-2	0	-0	0	-1	0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days	18	13	23	28	41	10	15	26	35	26	4	18
Inventory Days	50	62	54	105	108	65	84	127	242	563	2,432	6,216
Days Payable	67	73	71	120	158	76	96	178	329	192	2,681	7,940
Cash Conversion Cycle	0	2	6	13	-9	-2	3	-24	-53	397	-245	-1,707
Working Capital Days	22	16	38	39	21	7	6	-11	-49	376	-1,541	-9,510
ROCE %	4%	2%	-1%	4%	3%	7%	8%	3%	-4%	-3%	-29%	-19%

Shareholding Pattern

Numbers in percentages

	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
	50.11%	50.11%	50.11%	50.11%	50.11%	50.11%	50.11%	50.11%	50.11%	50.11%	48.20%	48.05%
	0.00%	0.00%	0.00%	0.00%	0.07%	0.07%	0.07%	0.00%	0.00%	0.07%	0.07%	0.07%
	1.33%	1.33%	1.33%	1.33%	1.26%	1.26%	1.26%	1.33%	1.33%	1.26%	1.26%	1.26%
	48.56%	48.57%	48.57%	48.56%	48.58%	48.57%	48.57%	48.57%	48.58%	48.56%	50.48%	50.63%
No. of Shareholders	18,187	19,857	30,871	41,218	41,621	41,232	40,738	40,268	39,957	40,176	47,528	50,317

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
	49.88%	49.88%	50.11%	50.11%	50.11%	50.11%	50.11%	48.05%
	3.60%	3.60%	4.49%	0.00%	0.00%	0.00%	0.00%	0.07%
	5.57%	2.82%	1.33%	1.33%	1.33%	1.33%	1.33%	1.26%
	40.95%	43.70%	44.08%	48.56%	48.56%	48.56%	48.57%	50.63%
No. of Shareholders	11,685	17,153	16,528	16,107	16,727	41,218	40,268	50,317

* 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.

India Steel Works Ltd

India Steel Works Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings