Newmalayalam Steel Ltd
Incorporated in 2017, Newmalayalam Steel Ltd is engaged in manufacturing and selling galvanised steel pipes and sheets.[1]
- Market Cap ₹ 38.6 Cr.
- Current Price ₹ 22.3
- High / Low ₹ 37.0 / 17.4
- Stock P/E 7.09
- Book Value ₹ 49.4
- Dividend Yield 0.00 %
- ROCE 8.27 %
- ROE 6.64 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.45 times its book value
Cons
- Earnings include an other income of Rs.2.63 Cr.
* 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
Part of Nifty SME Emerge
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| 304 | 320 | |
| 302 | 312 | |
| Operating Profit | 2 | 8 |
| OPM % | 0.8% | 2.4% |
| 2 | 3 | |
| Interest | 3 | 3 |
| Depreciation | 2 | 2 |
| Profit before tax | -1 | 5 |
| Tax % | 0% | 0% |
| -1 | 5 | |
| EPS in Rs | -0.54 | 3.15 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 685% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -29% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 17 | 17 |
| Reserves | 61 | 68 |
| 18 | 16 | |
| 12 | 18 | |
| Total Liabilities | 109 | 120 |
| 20 | 26 | |
| CWIP | 8 | 2 |
| Investments | 0 | 0 |
| 81 | 92 | |
| Total Assets | 109 | 120 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| 26 | 4 | |
| -7 | -3 | |
| -11 | -4 | |
| Net Cash Flow | 7 | -3 |
| Free Cash Flow | 17 | 1 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 1,075% | 71% |
Ratios
Consolidated / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Debtor Days | 31 | 23 |
| Inventory Days | 32 | 40 |
| Days Payable | 9 | 14 |
| Cash Conversion Cycle | 55 | 49 |
| Working Capital Days | 41 | 46 |
| ROCE % | 8% |
Insights
In beta| Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2025 | |
|---|---|---|---|---|---|
| Capacity Utilization % ・Standalone data |
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| Installed Capacity MTPA ・Standalone data |
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| Number of Dealers count ・Standalone data |
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| GP Pipes Realization INR per kg ・Standalone data |
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| GP Pipes Sales Volume MT ・Standalone data |
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| Top 10 Customer Concentration % of TOI ・Standalone data |
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| Market Share of GP Pipes & Tubes in Kerala % ・Standalone data |
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| Number of Permanent Employees count ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Regulation 74(5) certificate filed for quarter ended 30 September 2026.
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Agreements
- Newmalayalam Steel approved ₹25 crore inter-corporate working capital loan to subsidiary Prime NMS on 14 Oct 2026.
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Shareholders meeting
- 9th AGM voting results filed; 7 resolutions passed, including audited accounts and related-party approvals.
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Shareholders meeting
- Scrutinizer report for 09th AGM on 30 Sep 2026; all seven resolutions passed.
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Shareholders meeting
- Newmalayalam Steel held 9th AGM on Sept. 30, 2026; shareholders approved financials, RPTs, and subsidiary support.
Concalls
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Nov 2025PPT
Business Overview:[1][2]
NMSL is a manufacturer of ISI marked Galvanised
pipes, tubes, and sheets, catering to Kerala’s construction
and roofing sectors. The company is held by Jai Hind group promoters, who hold 36.51% of the share capital.