Inducto Steel Ltd
Incorporated in 1988, Inducto Steel Ltd is in the business of ship breaking, trading and investment activities[1]
- Market Cap ₹ 25.9 Cr.
- Current Price ₹ 64.5
- High / Low ₹ 88.5 / 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 0.66 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 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
23 | 21 | 76 | 46 | 3 | 57 | 90 | 104 | 159 | 166 | |
25 | 22 | 74 | 47 | 4 | 55 | 88 | 102 | 161 | 167 | |
Operating Profit | -2 | -1 | 2 | -1 | -1 | 3 | 2 | 2 | -3 | -2 |
OPM % | -8% | -4% | 2% | -3% | -37% | 5% | 2% | 2% | -2% | -1% |
4 | 2 | 0 | 2 | 0 | 0 | 1 | 2 | 0 | 0 | |
Interest | 2 | 0 | 1 | 0 | 0 | 0 | 1 | 4 | 2 | 2 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 1 | 0 | 1 | 0 | -1 | 3 | 1 | 0 | -5 | -4 |
Tax % | 30% | 38% | 43% | 26% | 0% | 12% | 43% | 35% | -21% | |
1 | 0 | 0 | 0 | -1 | 2 | 1 | 0 | -4 | -3 | |
EPS in Rs | 1.47 | 0.60 | 1.07 | 0.42 | -3.46 | 5.63 | 1.44 | 0.40 | -9.26 | -7.59 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 28% |
3 Years: | 40% |
TTM: | 33% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -4983% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 35% |
3 Years: | 18% |
1 Year: | -9% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -1% |
3 Years: | -2% |
Last Year: | -9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Reserves | 37 | 37 | 37 | 38 | 36 | 38 | 39 | 39 | 35 |
0 | 0 | 0 | 0 | 5 | 5 | 16 | 3 | 16 | |
25 | 0 | 12 | 0 | 0 | 35 | 1 | 1 | 1 | |
Total Liabilities | 66 | 41 | 53 | 42 | 45 | 83 | 59 | 47 | 57 |
1 | 1 | 1 | 3 | 2 | 3 | 3 | 2 | 4 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 3 | 34 | 31 | 34 | 39 | 22 | 35 | 25 | 22 |
62 | 6 | 21 | 6 | 4 | 58 | 22 | 20 | 31 | |
Total Assets | 66 | 41 | 53 | 42 | 45 | 83 | 59 | 47 | 57 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
-52 | 32 | -2 | 4 | 1 | -1 | -6 | -1 | -12 | |
54 | -32 | 3 | -4 | -5 | 17 | -13 | 11 | 1 | |
-2 | -0 | -1 | -0 | 4 | -5 | 15 | -16 | 11 | |
Net Cash Flow | -0 | -0 | 0 | -0 | -0 | 10 | -4 | -6 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 15 | 2 | 8 | 14 | 12 | 94 | 10 | 11 | 24 |
Inventory Days | 321 | 10 | 79 | 1 | 18 | 149 | 37 | 46 | 32 |
Days Payable | 334 | 0 | 58 | 0 | 0 | 245 | 0 | 0 | 1 |
Cash Conversion Cycle | 2 | 11 | 29 | 15 | 30 | -2 | 47 | 57 | 55 |
Working Capital Days | 566 | 80 | 38 | 15 | -493 | -4 | -14 | 46 | 22 |
ROCE % | 2% | 4% | 1% | -3% | 6% | 4% | 7% | -5% |
Documents
Announcements
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 ("SEBI Listing Regulations").
6 Sep - AGM on Sep 30, 2025; Annual Report FY2024-25 available online; email cut-off Aug 29.
- Intimation Of Cut-Off Date And Remote E-Voting For The Purpose Of 37Th Annual General Meeting ('AGM') 6 Sep
- Notice Of The 37Th Annual General Meeting ('AGM') Of Inducto Steel Limited. 6 Sep
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Reg. 34 (1) Annual Report.
6 Sep - Annual Report 2024-25 filed; 37th AGM Sep 30, 2025; MD re-appointment from Oct 1, 2025 for five years.
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Reappointment Of The Managing Director Mr. Rajeev Reniwal
5 Sep - Reappointment of Rajeev Reniwal as Managing Director from Oct 1, 2025 to Sep 30, 2030, subject to shareholder approval.
Annual reports
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Financial Year 2025
from bse
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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
from bse
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