Nova Iron & Steel Ltd

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

Nova Iron & Steel Ltd

₹ 12.4 1.22%
27 Apr - close price
novaironsteel.com BSE: 513566
About

Incorporated in 1989, Nova Iron & Steels Ltd is engaged in the manufacturing of steel products.[1]

Key Points

Business Overview:[1]
NISL is primarily engaged in the business of manufacturing/trading of Iron & Steel, Metals, Securities & Natural Resources.

Website BSE
  • Market Cap ₹ 44.8 Cr.
  • Current Price ₹ 12.4
  • High / Low ₹ 16.9 / 10.5
  • Stock P/E 19.6
  • Book Value ₹ 8.15
  • Dividend Yield 0.00 %
  • ROCE 3.68 %
  • ROE 8.16 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Company has low interest coverage ratio.
  • Tax rate seems low
  • Company has a low return on equity of -2.11% over last 3 years.
  • Company might be capitalizing the interest cost
  • Company has high debtors of 157 days.
  • 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

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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 Mar 2018
15.60 53.25 19.61
14.57 42.87 11.12
Operating Profit 1.03 10.38 8.49
OPM % 6.60% 19.49% 43.29%
2.13 0.16 1.59
Interest 6.02 6.67 6.79
Depreciation 1.33 1.19 1.02
Profit before tax -4.19 2.68 2.27
Tax % 6.21% 4.48% -0.44%
-4.45 2.56 2.28
EPS in Rs -1.23 0.71 0.63
Dividend Payout % 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -63%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -11%
Stock Price CAGR
10 Years: 5%
5 Years: 1%
3 Years: 13%
1 Year: -13%
Return on Equity
10 Years: %
5 Years: %
3 Years: -2%
Last Year: 8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018
Equity Capital 36.15 36.15 36.14
Reserves -12.31 -9.74 -6.67
192.88 197.80 239.37
98.09 96.18 90.52
Total Liabilities 314.81 320.39 359.36
64.10 62.93 61.92
CWIP 206.14 237.06 262.10
Investments 0.28 0.28 1.44
44.29 20.12 33.90
Total Assets 314.81 320.39 359.36

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018
12.72 33.26 -2.94
-27.91 -31.37 -32.26
15.22 -1.74 34.79
Net Cash Flow 0.03 0.15 -0.40
Free Cash Flow -15.26 1.82 -35.23
CFO/OP 1,235% 320% -35%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018
Debtor Days 0.00 1.58 156.91
Inventory Days 878.05 58.87
Days Payable 416.83 96.55
Cash Conversion Cycle 461.22 -36.10 156.91
Working Capital Days -1,213.62 -1,855.91 -5,610.87
ROCE % 4.24% 3.68%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2018 Mar 2020 Mar 2025
Installed Capacity - Sponge Iron
MTPA ・Standalone data

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Installed Capacity - Steel Billets
MTPA ・Standalone data
Captive Power Plant Capacity
MW ・Standalone data
Installed Capacity - Pig Iron
MTPA ・Standalone data
Pig Iron Capacity Utilization
% ・Standalone data
Production Volume - Pig Iron
MT ・Standalone data
Production Volume - Sponge Iron
MT ・Standalone data
Production Volume - Steel Billets
MT ・Standalone data
Sponge Iron Capacity Utilization
% ・Standalone data
Steel Billets Capacity Utilization
% ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
69.81% 69.81% 44.16% 44.16% 44.16% 44.16% 44.16% 44.16% 44.17% 44.17% 44.17% 44.17%
1.32% 1.32% 1.32% 1.32% 1.32% 1.32% 1.32% 1.32% 1.32% 1.32% 1.32% 1.32%
28.88% 28.87% 54.52% 54.52% 54.52% 54.53% 54.52% 54.52% 54.51% 54.52% 54.52% 54.52%
No. of Shareholders 1,55,3691,55,1221,54,8211,55,7691,55,5581,55,7151,56,0111,55,9711,55,7451,55,5731,55,3791,55,337

* 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.

Documents

Announcements

Annual reports