Inducto Steel Ltd
Incorporated in 1988, Inducto Steel Ltd is in the business of ship breaking, trading and investment activities[1]
- Market Cap ₹ 31.7 Cr.
- Current Price ₹ 79.0
- High / Low ₹ 137 / 47.3
- Stock P/E
- Book Value ₹ 98.3
- Dividend Yield 0.00 %
- ROCE -4.89 %
- ROE -9.00 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.80 times its book value
- Company is expected to give good quarter
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -2.34% over last 3 years.
- Promoters have pledged 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
354 | 206 | 156 | 23 | 21 | 76 | 46 | 3 | 57 | 90 | 104 | 159 | |
362 | 211 | 156 | 25 | 22 | 74 | 47 | 4 | 55 | 88 | 102 | 161 | |
Operating Profit | -8 | -5 | 1 | -2 | -1 | 2 | -1 | -1 | 3 | 2 | 2 | -3 |
OPM % | -2% | -2% | 1% | -8% | -4% | 2% | -3% | -37% | 5% | 2% | 2% | -2% |
20 | 18 | 8 | 4 | 2 | 0 | 2 | 0 | 0 | 1 | 2 | 0 | |
Interest | 5 | 8 | 8 | 2 | 0 | 1 | 0 | 0 | 0 | 1 | 4 | 2 |
Depreciation | 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 |
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 | |
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 |
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: | 52% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -2425% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 41% |
3 Years: | 35% |
1 Year: | 23% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Reserves | 31 | 34 | 35 | 37 | 37 | 37 | 38 | 36 | 38 | 39 | 39 | 35 |
84 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 5 | 16 | 3 | 16 | |
127 | 198 | 171 | 25 | 0 | 12 | 0 | 0 | 35 | 1 | 1 | 1 | |
Total Liabilities | 247 | 238 | 212 | 66 | 41 | 53 | 42 | 45 | 83 | 59 | 47 | 57 |
1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 3 | 3 | 2 | 4 | |
CWIP | 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 |
244 | 169 | 158 | 62 | 6 | 21 | 6 | 4 | 58 | 22 | 20 | 31 | |
Total Assets | 247 | 238 | 212 | 66 | 41 | 53 | 42 | 45 | 83 | 59 | 47 | 57 |
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 | 120 | -54 | -34 | 566 | 80 | 38 | 15 | 74 | 27 | 50 | 58 | 60 |
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
30 May - Approved FY25 audited results; appointed secretarial auditor for 5 years and internal auditor for FY26.
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Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended March 31, 2025.
30 May - Approved FY 2024-25 audited results; appointed secretarial and internal auditors for upcoming years.
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Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Inducto Steel Limited ('The Company') Held On May 30, 2025.
30 May - FY25 audited results: net loss INR 371.86L; new secretarial and internal auditors appointed; unmodified audit opinion.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
20 May - Annual Secretarial Compliance Report for FY ended March 31, 2025 confirming regulatory adherence.
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Board Meeting Intimation for Consideration And Approval Of The Audited Standalone And Consolidated Financial Results Of The Company For The Quarter And Year Ended March 31, 2025 Along With The Auditors Report Thereon.
12 May - Board meeting on May 30, 2025 to approve audited financial results for FY and quarter ended March 31, 2025.
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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Business Overview:[1][2]
Company is a part of Haryana Group which is engaged in ship breaking business and steel trading business. Company also does ship breaking in the Alang-Sosiya belt of Bhavnagar region of Gujarat, with plot size of 2385 square meters having frontage of 45 mt. Company’s operations are carried out at premises leased out by Gujarat Maritime Board (GMB) in Bhavnagar.
Apart from ship breaking business, company is also engaged in trading of metal scrap, coals, aluminium foil & other inputs. Also, company lends out excess capital to other parties and invests in shares and securities