Inducto Steel Ltd
Incorporated in 1988, Inducto Steel
Ltd is in the business of ship breaking,
trading, and investment activities[1]
- Market Cap ₹ 20.5 Cr.
- Current Price ₹ 51.1
- High / Low ₹ 88.5 / 43.6
- 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 0.53 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 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 | 141 | |
| 25 | 22 | 74 | 47 | 4 | 55 | 88 | 102 | 161 | 140 | |
| Operating Profit | -2 | -1 | 2 | -1 | -1 | 3 | 2 | 2 | -3 | 1 |
| 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 | -1 |
| Tax % | 30% | 38% | 43% | 26% | 0% | 12% | 43% | 35% | -21% | |
| 1 | 0 | 0 | 0 | -1 | 2 | 1 | 0 | -4 | -1 | |
| EPS in Rs | 1.47 | 0.60 | 1.07 | 0.42 | -3.46 | 5.63 | 1.44 | 0.40 | -9.26 | -1.99 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 28% |
| 3 Years: | 40% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 80% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 28% |
| 3 Years: | 21% |
| 1 Year: | -12% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 37 | 37 | 37 | 38 | 36 | 38 | 39 | 39 | 35 | 34 |
| 0 | 0 | 0 | 0 | 5 | 5 | 16 | 3 | 16 | 28 | |
| 25 | 0 | 12 | 0 | 0 | 35 | 1 | 1 | 1 | 80 | |
| Total Liabilities | 66 | 41 | 53 | 42 | 45 | 83 | 59 | 47 | 57 | 146 |
| 1 | 1 | 1 | 3 | 2 | 3 | 3 | 2 | 4 | 4 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 3 | 34 | 31 | 34 | 39 | 22 | 35 | 25 | 22 | 22 |
| 62 | 6 | 21 | 6 | 4 | 58 | 22 | 20 | 31 | 120 | |
| Total Assets | 66 | 41 | 53 | 42 | 45 | 83 | 59 | 47 | 57 | 146 |
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% |
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 ・Standalone data |
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| Revenue from Sale of Traded Goods INR Lakhs ・Standalone data |
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| Number of Permanent Employees Count ・Standalone data |
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| Average Scrap Realisation Price (Group) INR/MT |
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Documents
Announcements
- Financial Results For Quarter And Nine Months Ended 31St December, 2025. 13 Feb
-
Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Inducto Steel Limited ('The Company') Held On February 13, 2026.
13 Feb - Approved unaudited standalone and consolidated results for quarter ended Dec 31, 2025; PAT Rs.14.33 lakhs.
-
Board Meeting Intimation for Consideration And Approval Of The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter Year Ended December 31, 2025 Along With The Limited Review Report Thereon.
5 Feb - Board meeting Feb 13, 2026 to approve unaudited standalone and consolidated results for quarter ended Dec 31, 2025.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
19 Jan - Certificate dated January 01, 2026 issued by our Registrar and Share Transfer Agent, MUFG Intime India Private Limited (Formerly known as Link Intime India Private …
-
Announcement under Regulation 30 (LODR)-Change in Management
15 Jan - Mr. Umesh Govind Rathod appointed CFO (KMP) effective January 15, 2026; over 15 years finance experience.
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.