Inducto Steel Ltd

Inducto Steel Ltd

₹ 51.1 9.94%
19 Mar - close price
About

Incorporated in 1988, Inducto Steel
Ltd is in the business of ship breaking,
trading, and investment activities[1]

Key Points

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.

  • 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.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
39.38 14.72 17.74 43.33 22.25 20.73 38.65 46.15 33.59 40.19 45.85 21.72 33.29
39.99 13.60 18.33 41.48 21.39 20.52 39.01 49.23 33.66 39.24 45.29 22.55 32.68
Operating Profit -0.61 1.12 -0.59 1.85 0.86 0.21 -0.36 -3.08 -0.07 0.95 0.56 -0.83 0.61
OPM % -1.55% 7.61% -3.33% 4.27% 3.87% 1.01% -0.93% -6.67% -0.21% 2.36% 1.22% -3.82% 1.83%
1.06 0.03 1.30 0.30 0.14 0.03 0.27 0.03 0.26 -0.18 0.03 0.18 0.10
Interest 0.03 0.62 1.35 1.09 0.76 0.36 0.76 0.19 0.89 0.32 0.83 0.29 0.62
Depreciation 0.07 0.07 0.07 0.07 0.07 0.07 0.07 0.08 0.10 0.09 0.09 0.09 0.09
Profit before tax 0.35 0.46 -0.71 0.99 0.17 -0.19 -0.92 -3.32 -0.80 0.36 -0.33 -1.03 0.00
Tax % 54.29% 32.61% -1.41% 8.08% 29.41% -10.53% 0.00% -31.93% -25.00% 86.11% -24.24% -27.18%
0.16 0.30 -0.70 0.91 0.12 -0.17 -0.92 -2.27 -0.59 0.06 -0.25 -0.75 0.14
EPS in Rs 0.40 0.75 -1.74 2.27 0.30 -0.42 -2.29 -5.65 -1.47 0.15 -0.62 -1.87 0.35
Raw PDF

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

Log in to view insights

Please log in to see hidden values.

Login
Revenue from Sale of Traded Goods
INR Lakhs ・Standalone data
Number of Permanent Employees
Count ・Standalone data
Average Scrap Realisation Price (Group)
INR/MT

Shareholding Pattern

Numbers in percentages

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
69.32% 69.32% 69.32% 69.32% 69.32% 69.32% 69.32% 69.32% 69.32% 69.32% 69.32% 69.32%
30.69% 30.67% 30.68% 30.67% 30.68% 30.69% 30.68% 30.68% 30.68% 30.68% 30.68% 30.67%
No. of Shareholders 8928809591,0401,1531,4222,3122,3872,3712,6022,7112,545

Documents