Nova Iron & Steel Ltd
Incorporated in 1989, Nova Iron & steels Ltd is in the business of manufacturing / trading of Iron & Steel, Metals, Securities & Natural Resources[1]
- Market Cap ₹ 95.4 Cr.
- Current Price ₹ 26.4
- High / Low ₹ 39.7 / 8.18
- Stock P/E 8.04
- Book Value ₹ -18.2
- Dividend Yield 0.00 %
- ROCE 7.21 %
- ROE %
- Face Value ₹ 10.0
Pros
- Company's median sales growth is 15.3% of last 10 years
Cons
- Company has low interest coverage ratio.
- Contingent liabilities of Rs.39.8 Cr.
- Promoter holding has decreased over last 3 years: -25.6%
* 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 - Sponge Iron
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
72 | 105 | 53 | 9 | 16 | 53 | 20 | 4 | 52 | 345 | 605 | 698 | 604 | |
88 | 132 | 35 | 10 | 15 | 43 | 11 | 7 | 89 | 337 | 590 | 672 | 568 | |
Operating Profit | -16 | -27 | 19 | -0 | 1 | 10 | 8 | -3 | -37 | 8 | 16 | 26 | 36 |
OPM % | -22% | -25% | 35% | -5% | 7% | 19% | 43% | -86% | -71% | 2% | 3% | 4% | 6% |
5 | 32 | 0 | 6 | 2 | 0 | 2 | 5 | 3 | 7 | 8 | 5 | 10 | |
Interest | 3 | 7 | 9 | 6 | 6 | 7 | 7 | 0 | 0 | 1 | 25 | 17 | 22 |
Depreciation | 2 | 3 | 3 | 2 | 1 | 1 | 1 | 1 | 7 | 9 | 10 | 10 | 10 |
Profit before tax | -16 | -4 | 7 | -2 | -4 | 3 | 2 | 1 | -41 | 5 | -11 | 3 | 13 |
Tax % | -0% | -6% | 1% | 5% | -6% | 4% | -0% | 7% | -24% | 330% | -38% | 152% | |
-16 | -5 | 7 | -2 | -4 | 3 | 2 | 1 | -52 | -12 | -15 | -2 | 12 | |
EPS in Rs | -1.05 | -1.32 | 1.93 | -0.55 | -1.23 | 0.71 | 0.63 | 0.17 | -14.26 | -3.30 | -4.09 | -0.50 | 3.28 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | 21% |
5 Years: | 104% |
3 Years: | 137% |
TTM: | -12% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | % |
3 Years: | 25% |
TTM: | 192% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | 39% |
3 Years: | 26% |
1 Year: | 171% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
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 | 152 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 |
Reserves | -124 | -13 | -6 | -8 | -12 | -10 | -7 | -6 | -58 | -69 | -87 | -89 | -102 |
73 | 77 | 78 | 172 | 193 | 198 | 239 | 338 | 329 | 311 | 333 | 332 | 362 | |
10 | 17 | 66 | 72 | 98 | 96 | 91 | 99 | 112 | 210 | 254 | 220 | 151 | |
Total Liabilities | 112 | 118 | 175 | 272 | 315 | 320 | 359 | 467 | 419 | 488 | 536 | 499 | 447 |
44 | 56 | 63 | 62 | 64 | 63 | 62 | 61 | 380 | 372 | 361 | 361 | 358 | |
CWIP | 1 | 25 | 89 | 180 | 206 | 237 | 262 | 315 | -0 | -0 | -0 | -0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 3 | 3 | 3 | 3 |
67 | 37 | 23 | 31 | 44 | 20 | 34 | 89 | 38 | 113 | 172 | 135 | 86 | |
Total Assets | 112 | 118 | 175 | 272 | 315 | 320 | 359 | 467 | 419 | 488 | 536 | 499 | 447 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-53 | 35 | 86 | 1 | 13 | 33 | -3 | -48 | 9 | 18 | 3 | 18 | |
-31 | -38 | -78 | -88 | -28 | -31 | -32 | -50 | -4 | -0 | 1 | -1 | |
69 | -3 | -8 | 88 | 15 | -2 | 35 | 99 | -6 | -17 | -4 | -17 | |
Net Cash Flow | -14 | -6 | -1 | -0 | 0 | 0 | -0 | 0 | -0 | 1 | 0 | -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 | 0 | 5 | -0 | -0 | -0 | 2 | 157 | 286 | 19 | 4 | 0 | 0 |
Inventory Days | 153 | 95 | 103 | 1,280 | 878 | 59 | 579 | 45 | 86 | 85 | 50 | |
Days Payable | 17 | 32 | 190 | 1,815 | 417 | 53 | 642 | 552 | 161 | 88 | 55 | |
Cash Conversion Cycle | 136 | 69 | -87 | -534 | 461 | 7 | 94 | 286 | -487 | -72 | -2 | -4 |
Working Capital Days | 222 | 50 | -364 | -1,608 | -1,214 | -500 | -1,155 | -1,653 | -424 | -70 | -38 | -32 |
ROCE % | -13% | 15% | -1% | -0% | 4% | 4% | -1% | -12% | 2% | 5% | 7% |
Documents
Announcements
- Board Meeting Outcome for Outcome Of Board Meeting Regulation 30 Read With Schedule III Of SEBI (LODR) Regulations, 2015 11h
- Announcement Under Regulation 30 Read With Schedule III Of SEBI (LODR) Regulations, 2015 (Material Event-Change In Charge Holder) 29 Apr
- Corporate Insolvency Resolution Process (CIRP)-Initiation of Corporate Insolvency Resolution Process (CIRP) by Financial Creditors 25 Apr
-
Announcement under Regulation 30 (LODR)-Resignation of Director
25 Apr - In persuant to Regulation 30 of the sebi (Listing Obligations and Disclosures Requirements) Regulation 2015, Please find the enclosed Resignation of Independent Directors.
-
Compliance Certificate Under Regulation 7(3) Of The SEBI (LODR), Regulations 2015
22 Apr - Compliance certificate in compliance with regulation 7(3) of SEBI (Listing obligation and disclosures requirements.)Regulation,2015. for year ended 31.03.2024
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
Product Profile:[1]
Company manufactures Sponge Iron at its plant in Dagori, Chhattisgarh with installed capacity of 1.50 MTPA used for manufacturing primary steel products