India Homes Ltd
Incorporated in 1990, India Steel Works Ltd manufactures and trades steel products[1]
- Market Cap ₹ 523 Cr.
- Current Price ₹ 13.2
- High / Low ₹ 14.6 / 3.81
- Stock P/E
- Book Value ₹ 0.93
- Dividend Yield 0.00 %
- ROCE -19.0 %
- ROE -50.4 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 14.1 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -0.55%
- Company has a low return on equity of -36.8% over last 3 years.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|
| 532 | 140 | 144 | 24 | 5 | 3 | |
| 539 | 176 | 177 | 85 | 25 | 16 | |
| Operating Profit | -7 | -36 | -33 | -61 | -20 | -13 |
| OPM % | -1% | -26% | -23% | -258% | -428% | -488% |
| 26 | 37 | 30 | 26 | -0 | -0 | |
| Interest | 13 | 10 | 9 | 8 | 8 | 9 |
| Depreciation | 11 | 11 | 8 | 8 | 7 | 7 |
| Profit before tax | -5 | -20 | -20 | -51 | -36 | -30 |
| Tax % | -0% | 0% | 0% | 0% | 0% | |
| -5 | -20 | -20 | -51 | -36 | -30 | |
| EPS in Rs | -0.14 | -0.49 | -0.50 | -1.27 | -0.90 | -0.74 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -68% |
| TTM: | -86% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -35% |
| TTM: | 64% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 96% |
| 3 Years: | 83% |
| 1 Year: | 114% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -37% |
| Last Year: | -50% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|
| Equity Capital | 40 | 40 | 40 | 40 | 40 | 40 |
| Reserves | 134 | 115 | 95 | 46 | 9 | -3 |
| 93 | 110 | 125 | 64 | 71 | 75 | |
| 327 | 312 | 274 | 288 | 293 | 296 | |
| Total Liabilities | 594 | 577 | 535 | 437 | 413 | 408 |
| 249 | 239 | 231 | 224 | 216 | 213 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2 | 2 | 2 | 0 | 0 | 0 |
| 342 | 335 | 301 | 213 | 196 | 195 | |
| Total Assets | 594 | 577 | 535 | 437 | 413 | 408 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| -4 | -42 | -40 | -4 | -1 | |
| -5 | 0 | 1 | -0 | 0 | |
| 9 | 42 | 39 | 3 | 1 | |
| Net Cash Flow | 0 | -0 | 0 | -1 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| Debtor Days | 26 | 35 | 26 | 4 | 18 |
| Inventory Days | 127 | 242 | 563 | 2,432 | 6,216 |
| Days Payable | 178 | 329 | 192 | 2,681 | 7,941 |
| Cash Conversion Cycle | -24 | -53 | 397 | -245 | -1,707 |
| Working Capital Days | -40 | -304 | 111 | -2,227 | -13,558 |
| ROCE % | -4% | -3% | -29% | -19% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Oct - Reg 74(5) demat certificate for quarter ended 30 Sep 2025, dated 01/10/2025; no shares dematerialised.
- Quarterly Disclosures By Listed Entities Of Defaults On Payment Of Interest/ Repayment Of Principal Amount On Loans From Banks / Financial Institutions And Unlisted Debt Securities 7 Oct
-
Announcement under Regulation 30 (LODR)-Change in RTA
30 Sep - R&T Agent changed from MUFG Intime to Purva Share Registry effective 29/09/2025; tri-partite agreement cancelled.
- Closure of Trading Window 22 Sep
-
Repayment Of Entire Outstanding Borrowings Of Kotak Mahindra Bank Limited
10 Sep - India Steel Works repaid entire outstanding Kotak Mahindra Bank loans; bank confirmed no amounts due by company or guarantors.
Annual reports
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Financial Year 2025
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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
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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.