India Steel Works Ltd

India Steel Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

India Steel Works Ltd

₹ 3.68 -0.27%
03 May - close price
indiasteel.in BSE: 513361
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 ₹ 146 Cr.
  • Current Price ₹ 3.68
  • High / Low ₹ 5.29 / 1.44
  • Stock P/E
  • Book Value ₹ 0.93
  • Dividend Yield 0.00 %
  • ROCE -19.0 %
  • ROE -50.4 %
  • Face Value ₹ 1.00
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Pros

Cons

  • Stock is trading at 3.96 times its book value
  • Company has low interest coverage ratio.
  • 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
45.79 47.27 48.32 2.75 5.29 9.10 6.66 1.34 1.54 0.60 1.23 0.82 0.00
44.84 49.35 77.30 5.98 8.59 11.88 58.71 6.38 6.97 4.16 7.19 2.34 1.90
Operating Profit 0.95 -2.08 -28.98 -3.23 -3.30 -2.78 -52.05 -5.04 -5.43 -3.56 -5.96 -1.52 -1.90
OPM % 2.07% -4.40% -59.98% -117.45% -62.38% -30.55% -781.53% -376.12% -352.60% -593.33% -484.55% -185.37%
0.24 3.97 26.07 2.89 1.00 2.83 19.40 0.46 0.06 0.06 -0.83 0.37 0.36
Interest 2.07 1.79 3.09 2.38 2.64 2.28 0.59 1.98 2.19 2.16 1.89 2.45 2.62
Depreciation 2.66 1.14 1.15 1.90 1.89 1.90 1.86 1.87 1.87 1.89 1.84 1.85 1.87
Profit before tax -3.54 -1.04 -7.15 -4.62 -6.83 -4.13 -35.10 -8.43 -9.43 -7.55 -10.52 -5.45 -6.03
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%
-3.55 -1.04 -7.15 -4.62 -6.83 -4.13 -35.10 -8.43 -9.43 -7.55 -10.51 -5.45 -6.03
EPS in Rs -0.09 -0.03 -0.18 -0.12 -0.17 -0.10 -0.88 -0.21 -0.24 -0.19 -0.26 -0.14 -0.15
Raw PDF

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: -5%
5 Years: 30%
3 Years: 59%
1 Year: 136%
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
Preference Capital 46 0 0 0 0
47 110 125 64 71 75
373 312 274 288 293 296
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 -11 -49 376 -1,542 -9,513
ROCE % -4% -3% -29% -19%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 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 18,18719,85730,87141,21841,62141,23240,73840,26839,95740,17647,52850,317

* 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.

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