Inducto Steel Ltd
Incorporated in 1988, Inducto Steel
Ltd is in the business of ship breaking,
trading, and investment activities[1]
- Market Cap ₹ 20.4 Cr.
- Current Price ₹ 50.8
- High / Low ₹ 83.0 / 43.6
- Stock P/E 37.8
- Book Value ₹ 99.7
- Dividend Yield 0.00 %
- ROCE 5.94 %
- ROE 1.36 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.51 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 -2.43% over last 3 years.
- Promoters have pledged 43.3% of their holding.
- Company's cost of borrowing seems high
* 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 206 | 156 | 23 | 21 | 76 | 46 | 3 | 57 | 90 | 104 | 159 | 166 | |
| 211 | 156 | 25 | 22 | 74 | 47 | 4 | 55 | 88 | 102 | 161 | 163 | |
| Operating Profit | -5 | 1 | -2 | -1 | 2 | -1 | -1 | 3 | 2 | 2 | -3 | 3 |
| OPM % | -2% | 1% | -8% | -4% | 2% | -3% | -37% | 5% | 2% | 2% | -2% | 2% |
| 18 | 8 | 4 | 2 | 0 | 2 | 0 | 0 | 1 | 2 | 0 | 0 | |
| Interest | 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 |
| Profit before tax | 5 | 2 | 1 | 0 | 1 | 0 | -1 | 3 | 1 | 0 | -5 | 1 |
| Tax % | 32% | 33% | 30% | 38% | 43% | 26% | 0% | 12% | 43% | 35% | -21% | 25% |
| 3 | 1 | 1 | 0 | 0 | 0 | -1 | 2 | 1 | 0 | -4 | 1 | |
| EPS in Rs | 8.07 | 2.59 | 1.47 | 0.60 | 1.07 | 0.42 | -3.46 | 5.63 | 1.44 | 0.40 | -9.26 | 1.34 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 124% |
| 3 Years: | 23% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 19% |
| 3 Years: | -2% |
| TTM: | 115% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 19% |
| 3 Years: | 14% |
| 1 Year: | -36% |
| Return on Equity | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 0% |
| 3 Years: | -2% |
| Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 34 | 35 | 37 | 37 | 37 | 38 | 36 | 38 | 39 | 39 | 35 | 36 |
| 0 | 0 | 0 | 0 | 0 | 0 | 5 | 5 | 16 | 3 | 16 | 9 | |
| 198 | 171 | 25 | 0 | 12 | 0 | 0 | 35 | 1 | 1 | 1 | 93 | |
| Total Liabilities | 238 | 212 | 66 | 41 | 53 | 42 | 45 | 83 | 59 | 47 | 57 | 142 |
| 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 |
| Investments | 67 | 52 | 3 | 34 | 31 | 34 | 39 | 22 | 35 | 25 | 22 | 21 |
| 169 | 158 | 62 | 6 | 21 | 6 | 4 | 58 | 22 | 20 | 31 | 117 | |
| Total Assets | 238 | 212 | 66 | 41 | 53 | 42 | 45 | 83 | 59 | 47 | 57 | 142 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 74 | -15 | -52 | 32 | -2 | 4 | 2 | -1 | -6 | -1 | -12 | 29 | |
| -66 | 23 | 54 | -32 | 3 | -4 | -6 | 17 | -13 | 11 | 1 | 1 | |
| -8 | -8 | -2 | -0 | -1 | -0 | 4 | -5 | 15 | -16 | 11 | -9 | |
| Net Cash Flow | 0 | -0 | -0 | -0 | 0 | -0 | -0 | 10 | -4 | -6 | -0 | 21 |
| Free Cash Flow | 74 | -15 | -52 | 32 | -2 | 2 | 2 | -2 | -7 | -1 | -14 | 29 |
| CFO/OP | -1,473% | -1,509% | 2,827% | -3,678% | -129% | -304% | -158% | -33% | -374% | -35% | 458% | 991% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 200 | 274 | 15 | 2 | 8 | 14 | 12 | 94 | 10 | 11 | 24 | 20 |
| Inventory Days | 27 | 0 | 321 | 10 | 79 | 1 | 18 | 149 | 37 | 46 | 32 | 162 |
| Days Payable | 335 | 334 | 0 | 58 | 0 | 0 | 245 | 0 | 0 | 1 | 205 | |
| Cash Conversion Cycle | -109 | 274 | 2 | 11 | 29 | 15 | 30 | -2 | 47 | 57 | 55 | -23 |
| Working Capital Days | -54 | -34 | 566 | 80 | 38 | 15 | -495 | -4 | -14 | 46 | 22 | -23 |
| ROCE % | 15% | 21% | 6% | 2% | 4% | 1% | -3% | 6% | 4% | 7% | -5% | 6% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Sale of Manufactured Goods (Ship Breaking) INR Lakhs |
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| Revenue from Sale of Traded Goods INR Lakhs |
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| Number of Permanent Employees Count |
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| Average Scrap Realisation Price (Group) INR/MT |
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Extracted by Screener AI
Documents
Announcements
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Financial Results For The Quarter And Year Ended March 31, 2026.
29 May - Board approved FY26 audited standalone/consolidated results; appointed cost auditor and internal auditor for FY27.
-
Announcement under Regulation 30 (LODR)-Change in Management
29 May - Board approved Kewlani & Associates as Cost Auditor and Satish Diwate as Internal Auditor for FY2026-27.
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Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Inducto Steel Limited ('The Company') Held On May 29, 2026.
29 May - Board approved FY26 audited results, appointed cost and internal auditors on May 29, 2026; audit opinion unmodified.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
22 May - Annual Secretarial Compliance Report for FY ended March 31, 2026 filed.
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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, 2026 Alongwith The Auditors Report Thereon.
14 May - Board meeting on May 29, 2026 to approve audited FY26 standalone and consolidated results.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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.