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 ₹ 54.7 Cr.
- Current Price ₹ 15.1
- High / Low ₹ 27.5 / 11.2
- Stock P/E 21.4
- Book Value ₹ 7.31
- Dividend Yield 0.00 %
- ROCE 4.24 %
- ROE 10.2 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Contingent liabilities of Rs.84.8 Cr.
- Company might be capitalizing the interest cost
- 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Operating Profit |
OPM % |
Interest |
Depreciation |
Profit before tax |
Tax % |
EPS in Rs |
Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | |
---|---|---|
15.60 | 53.25 | |
14.57 | 42.87 | |
Operating Profit | 1.03 | 10.38 |
OPM % | 6.60% | 19.49% |
2.13 | 0.16 | |
Interest | 6.02 | 6.67 |
Depreciation | 1.33 | 1.19 |
Profit before tax | -4.19 | 2.68 |
Tax % | 6.21% | 4.48% |
-4.45 | 2.56 | |
EPS in Rs | -1.23 | 0.71 |
Dividend Payout % | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 241% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 140% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | 24% |
3 Years: | 26% |
1 Year: | -37% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | |
---|---|---|
Equity Capital | 36.15 | 36.15 |
Reserves | -12.31 | -9.74 |
192.88 | 197.80 | |
98.09 | 96.18 | |
Total Liabilities | 314.81 | 320.39 |
64.10 | 62.93 | |
CWIP | 206.14 | 237.06 |
Investments | 0.28 | 0.28 |
44.29 | 20.12 | |
Total Assets | 314.81 | 320.39 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | |
---|---|---|
12.72 | 33.26 | |
-27.91 | -31.37 | |
15.22 | -1.75 | |
Net Cash Flow | 0.03 | 0.14 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | |
---|---|---|
Debtor Days | 0.00 | 1.58 |
Inventory Days | 878.05 | 58.87 |
Days Payable | 416.83 | 96.55 |
Cash Conversion Cycle | 461.22 | -36.10 |
Working Capital Days | -1,213.62 | -1,855.91 |
ROCE % | 4.24% |
Documents
Announcements
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Intimation Of Submission Of Application For Reclassification Of Promoter From "Promoter' Category To "Public' Category Shareholders Of The Company In Compliance With Regulation 31A(8)(C) Of The SEBI (LODR) Regulations, 2015
17h - Ambey Steel applies for promoter to public shareholder reclassification, holding 0% shares.
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Publication Of Notice Regarding Special Window For Re-Lodgment Of Transfer Requests Of Physical Shares With Reference To Our Earlier Intimation Dated July 22, 2025
2d - Notice published for special window to re-lodge physical share transfer requests per SEBI circular.
-
Board Meeting Outcome for Our Intimation Dated 22Nd July 2025 Informing The Receipt Of Request From M/S Ambey Steel And
Power Private Limited Person Belonging To Promoter Group Seeking Reclassification Of Their
Shareholding To 'Public' Category.
29 Jul - Board approved promoter group Ambey Steel's reclassification to public category; holds zero shares.
-
Intimation Pursuant To Disclosure Requirements Under Regulation 31A(8)(A) Of SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015
22 Jul - Promoter group entity requests reclassification to public shareholder under SEBI rules.
-
Intimation Regarding Special Window For Re-Lodgement Of Transfer Of Physical Shares
22 Jul - Special window from July 7, 2025 to Jan 6, 2026 for re-lodgement of physical share transfers in demat mode.
Annual reports
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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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Financial Year 2010
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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