Newmalayalam Steel Ltd

Newmalayalam St. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Newmalayalam Steel Ltd

₹ 32.2 -0.77%
14 Oct 2:22 p.m.
Company website NSE - SME: NMSTEEL
About

Incorporated in 2017, Newmalayalam Steel Ltd manufactures galvanised pipes, tubes, and sheets[1]

Key Points

Business Overview:[1]
NMSL manufactures galvanised pipes, tubes, and sheets under the brand name Demac Steel. The products are designed to provide solution to the continuous damage caused to houses in Kerala due to inclement weather condition

Website NSE - SM
  • Market Cap ₹ 55.8 Cr.
  • Current Price ₹ 32.2
  • High / Low ₹ 90.0 / 23.4
  • Stock P/E 12.6
  • Book Value ₹ 45.3
  • Dividend Yield 0.00 %
  • ROCE 9.64 %
  • ROE 7.42 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Stock is trading at 0.75 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 11.2% over last 3 years.
  • Earnings include an other income of Rs.4.20 Cr.
  • 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

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Half Yearly Results

Figures in Rs. Crores

Mar 2024 Sep 2024 Mar 2025
139 154 150
136 146 152
Operating Profit 3 8 -2
OPM % 2% 5% -1%
2 1 3
Interest 2 2 2
Depreciation 2 1 1
Profit before tax 1 7 -1
Tax % 25% 25% -18%
0 5 -1
EPS in Rs 0.37 4.10 -0.45
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
300 318 354 300 304
290 310 347 292 297
Operating Profit 9 7 7 8 7
OPM % 3% 2% 2% 3% 2%
5 6 5 3 4
Interest 3 3 3 3 3
Depreciation 1 1 1 2 2
Profit before tax 10 9 8 6 6
Tax % 20% 26% 25% 25% 27%
8 7 6 4 4
EPS in Rs 603.95 532.02 474.31 3.38 2.55
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: -1%
TTM: 1%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -13%
TTM: 3%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 11%
Last Year: 7%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 13 13 13 13 17
Reserves 11 18 24 28 61
36 49 28 59 18
5 11 23 17 12
Total Liabilities 64 90 87 116 109
20 21 22 20 20
CWIP 1 2 0 1 8
Investments 0 0 0 0 0
44 67 66 95 81
Total Assets 64 90 87 116 109

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
12 -4 31 -22 26
-1 -6 -1 -0 -8
-11 10 -24 28 -11
Net Cash Flow 0 0 7 6 7

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 16 21 11 26 31
Inventory Days 17 40 40 62 33
Days Payable 0 8 19 11 9
Cash Conversion Cycle 33 53 31 77 55
Working Capital Days 26 29 21 19 41
ROCE % 17% 15% 11% 10%

Shareholding Pattern

Numbers in percentages

Dec 2024Mar 2025
73.02% 73.02%
2.55% 0.00%
0.00% 3.54%
24.43% 23.44%
No. of Shareholders 2,2261,694

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings