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 ₹ 54.2 Cr.
- Current Price ₹ 15.0
- High / Low ₹ 27.5 / 11.2
- Stock P/E 21.2
- 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: | 16% |
3 Years: | 26% |
1 Year: | -28% |
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 | -1.74 | |
Net Cash Flow | 0.03 | 0.15 |
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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33Rd AGM
1h - 33rd AGM on 17 Sep 2025 at 1:00pm via VC/OAVM; register closed 11–17 Sep 2025.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1h - Notice of 33rd AGM, E-Voting information and Book Closure is Published in Newspaper.
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Intimation Under Regulations 30 And 36(1)(B) Of SEBI (LODR) Regulations, 2015 ("The SEBI Listing Regulations")
1h - 33rd AGM on 17 Sep 2025; annual report for FY2024-25 available online.
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Reg. 34 (1) Annual Report.
1h - Annual report FY2024-25: profit Rs14,879.22L from borrowings write-back; auditors flagged Rs7,521.27L unconfirmed borrowings; NCLT CIRP filed.
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Notice Of 33Rd AGM And Intimation Of Book Closure
3h - 33rd AGM on 17 Sep 2025; book closure 11-17 Sep; appoint independent director; cost auditor Rs25,000; WTD remuneration revised, secretarial auditor Rs10,000 (FY2025-26).
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