Inducto Steel Ltd
Incorporated in 1988, Inducto Steel
Ltd is in the business of ship breaking,
trading, and investment activities[1]
- Market Cap ₹ 19.7 Cr.
- Current Price ₹ 49.0
- High / Low ₹ 88.5 / 44.1
- Stock P/E
- Book Value ₹ 95.8
- Dividend Yield 0.00 %
- ROCE -4.89 %
- ROE -9.00 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.51 times its book value
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -2.34% over last 3 years.
- Promoters have pledged or encumbered 43.3% of their holding.
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 354 | 206 | 156 | 23 | 21 | 76 | 46 | 3 | 57 | 90 | 104 | 159 | 141 | |
| 362 | 211 | 156 | 25 | 22 | 74 | 47 | 4 | 55 | 88 | 102 | 161 | 141 | |
| Operating Profit | -8 | -5 | 1 | -2 | -1 | 2 | -1 | -1 | 3 | 2 | 2 | -3 | 1 |
| OPM % | -2% | -2% | 1% | -8% | -4% | 2% | -3% | -37% | 5% | 2% | 2% | -2% | 0% |
| 20 | 18 | 8 | 4 | 2 | 0 | 2 | 0 | 0 | 1 | 2 | 0 | 0 | |
| Interest | 5 | 8 | 8 | 2 | 0 | 1 | 0 | 0 | 0 | 1 | 4 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 6 | 5 | 2 | 1 | 0 | 1 | 0 | -1 | 3 | 1 | 0 | -5 | -2 |
| Tax % | 34% | 32% | 33% | 30% | 38% | 43% | 26% | 0% | 12% | 43% | 35% | -21% | |
| 4 | 3 | 1 | 1 | 0 | 0 | 0 | -1 | 2 | 1 | 0 | -4 | -2 | |
| EPS in Rs | 10.08 | 8.07 | 2.59 | 1.47 | 0.60 | 1.07 | 0.42 | -3.46 | 5.63 | 1.44 | 0.40 | -9.26 | -3.81 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | 28% |
| 3 Years: | 40% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 53% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 21% |
| 3 Years: | 12% |
| 1 Year: | -32% |
| Return on Equity | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | -1% |
| 3 Years: | -2% |
| Last Year: | -9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 31 | 34 | 35 | 37 | 37 | 37 | 38 | 36 | 38 | 39 | 39 | 35 | 34 |
| 84 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 5 | 16 | 3 | 16 | 28 | |
| 127 | 198 | 171 | 25 | 0 | 12 | 0 | 0 | 35 | 1 | 1 | 1 | 80 | |
| Total Liabilities | 247 | 238 | 212 | 66 | 41 | 53 | 42 | 45 | 83 | 59 | 47 | 57 | 146 |
| 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 3 | 3 | 2 | 4 | 4 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2 | 67 | 52 | 3 | 34 | 31 | 34 | 39 | 22 | 35 | 25 | 22 | 22 |
| 244 | 169 | 158 | 62 | 6 | 21 | 6 | 4 | 58 | 22 | 20 | 31 | 120 | |
| Total Assets | 247 | 238 | 212 | 66 | 41 | 53 | 42 | 45 | 83 | 59 | 47 | 57 | 146 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -28 | 74 | -15 | -52 | 32 | -2 | 4 | 2 | -1 | -6 | -1 | -12 | |
| -2 | -66 | 23 | 54 | -32 | 3 | -4 | -6 | 17 | -13 | 11 | 1 | |
| 31 | -8 | -8 | -2 | -0 | -1 | -0 | 4 | -5 | 15 | -16 | 11 | |
| Net Cash Flow | 0 | 0 | -0 | -0 | -0 | 0 | -0 | -0 | 10 | -4 | -6 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 48 | 200 | 274 | 15 | 2 | 8 | 14 | 12 | 94 | 10 | 11 | 24 |
| Inventory Days | 5 | 27 | 0 | 321 | 10 | 79 | 1 | 18 | 149 | 37 | 46 | 32 |
| Days Payable | 119 | 335 | 334 | 0 | 58 | 0 | 0 | 245 | 0 | 0 | 1 | |
| Cash Conversion Cycle | -66 | -109 | 274 | 2 | 11 | 29 | 15 | 30 | -2 | 47 | 57 | 55 |
| Working Capital Days | 34 | -54 | -34 | 566 | 80 | 38 | 15 | -495 | -4 | -14 | 46 | 22 |
| ROCE % | 12% | 15% | 21% | 6% | 2% | 4% | 1% | -3% | 6% | 4% | 7% | -5% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
4h - Nishant Rajeev Reniwal resigned as CFO and KMP; last working day December 18, 2025.
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Financial Results For The Quarter And Half Year Ended September 30, 2025
13 Nov - Board approved Q2/H1 FY26 unaudited results: Q2 net loss Rs74.54 lakh; revenue Rs2,172.32 lakh; inventories Rs8,635.91 lakh.
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Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Inducto Steel Limited ('The Company') Held On November 13, 2025.
13 Nov - Board approved unaudited standalone and consolidated results for quarter/H1 ended Sep 30, 2025; H1 loss Rs 99.30 lakh.
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Board Meeting Intimation for To Consider And Approve The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Half-Year Ended September 30, 2025 Along With The Limited Review Report Thereon.
28 Oct - Meeting on Nov 13, 2025 to approve unaudited standalone and consolidated Q2/H1 results (Sept 30, 2025).
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
16 Oct - Certificate dated October 04, 2025, issued by our Registrar and Share Transfer Agent, MUFG Intime India Private Limited (Formerly known as Link Intime India Private …
Annual reports
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Financial Year 2025
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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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Business Overview:[1][2]
ISL is a part of the Haryana Group which is engaged in ship breaking, steel trading and real estate business. The company is in the ship breaking business in the Alang-Sosiya belt of Bhavnagar region of Gujarat with plot size of 2385 square meters having frontage of 45 meters. Its operations are carried out at premises leased by Gujarat Maritime Board (GMB) in Bhavnagar. Apart from ship breaking, ISL is also engaged in steel trading activities in metal scrap, coals, aluminium foil & other inputs. It also provides loans and investment.