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 ₹ 72.3 Cr.
- Current Price ₹ 20.0
- High / Low ₹ 39.7 / 17.4
- Stock P/E 28.2
- Book Value ₹ 7.31
- Dividend Yield 0.00 %
- ROCE 4.24 %
- ROE 10.2 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 2.71 times its book value
- 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
Sector: Steel Industry: Steel - Sponge Iron
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: | 5% |
5 Years: | 46% |
3 Years: | 13% |
1 Year: | -5% |
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 | -500.10 |
ROCE % | 4.24% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Resignation of Director
1d - Mr. Gaurav Sharma resigns as Independent Director.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
30 Nov - Extracts of Unaudited Financial Results for the quarter and half year ended 30.09.2024 has been published in newspaper. The details of the same has been …
-
Announcement under Regulation 30 (LODR)-Change in Directorate
29 Nov - Appointment of Suraj Prakash Choudhary as Additional Independent Director.
-
Unaudited Financial Results For The Quarter And Half Year Ending 30/09/2024
28 Nov - Approval of unaudited financial results for Q2 2024.
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Board Meeting Outcome for Board Meeting Outcome For Board Meeting Outcome - Regulation 30 Read With Schedule III Of SEBI (LODR) Regulations, 2015
28 Nov - Board approved financial results and director appointment.
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