Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 121.84 | 113.11 | 146.43 | 125.10 | 99.38 | 97.73 | 94.71 | 112.97 | 108.04 | 109.82 | 135.83 | 67.49 |
| Operating costs | 122.96 | 107.25 | 153.72 | 111.27 | 100.73 | 95.11 | 100.57 | 105.29 | 109.18 | 111.07 | 129.92 | 69.42 |
| EBITDA | -1.12 | 5.86 | -7.29 | 13.83 | -1.35 | 2.62 | -5.86 | 7.68 | -1.14 | -1.25 | 5.91 | -1.93 |
| EBITDA margin % | -0.92% | 5.18% | -4.98% | 11.06% | -1.36% | 2.68% | -6.19% | 6.80% | -1.06% | -1.14% | 4.35% | -2.86% |
| Depreciation & amortisation | 11.29 | 11.42 | 11.42 | 4.77 | 4.85 | 4.89 | 4.96 | 4.12 | 5.64 | 6.24 | 6.35 | 0.29 |
| Finance costs | 3.47 | 3.39 | 14.96 | 3.56 | 3.73 | 2.95 | 0.81 | 1.50 | 3.48 | 4.72 | 2.57 | 0.18 |
| Non-operating income | 0.96 | 4.17 | -67.43 | -1.01 | 1.08 | 0.49 | 160.46 | 0.15 | 9.21 | 0.44 | 3.71 | 3.26 |
| Pre-tax profit | -14.92 | -4.78 | -101.10 | 4.49 | -8.85 | -4.73 | 148.83 | 2.21 | -1.05 | -11.77 | 0.70 | 0.86 |
| Effective tax rate % | -4.02% | 0.00% | -32.69% | 0.00% | 0.00% | 0.00% | -6.08% | 0.00% | 0.00% | 0.00% | 864.29% | 0.00% |
| Profit after tax | -14.32 | -4.78 | -68.05 | 4.49 | -8.85 | -4.72 | 157.88 | 2.21 | -1.06 | -11.77 | -5.35 | 0.86 |
| Earnings per share (Rs) | -3.96 | -1.32 | -18.83 | 1.24 | -2.45 | -1.31 | 43.69 | 0.61 | -0.29 | -3.26 | -1.48 | 0.24 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 16 | 53 | 20 | 4 | 52 | 345 | 605 | 698 | 564 | 417 | 467 | 421 |
| Operating costs | 15 | 43 | 11 | 7 | 89 | 337 | 590 | 672 | 561 | 407 | 455 | 420 |
| EBITDA | 1 | 10 | 8 | -3 | -37 | 8 | 16 | 26 | 3 | 10 | 11 | 2 |
| EBITDA margin % | 7% | 19% | 43% | -86% | -71% | 2.3% | 2.6% | 3.7% | 0.5% | 2.4% | 2.4% | 0.4% |
| Depreciation & amortisation | 1 | 1 | 1 | 1 | 7 | 9 | 10 | 10 | 45 | 19 | 22 | 19 |
| Finance costs | 6 | 7 | 7 | 0 | 0 | 1 | 25 | 17 | 25 | 11 | 12 | 11 |
| Non-operating income | 2 | 0 | 2 | 5 | 3 | 7 | 8 | 5 | -60 | 160 | 13 | 17 |
| Pre-tax profit | -4 | 3 | 2 | 1 | -41 | 5 | -11 | 3 | -127 | 140 | -10 | -11 |
| Effective tax rate % | 6% | 4% | -0% | 7% | 24% | 330% | 38% | 152% | -26% | -6% | 61% | |
| Profit after tax | -4 | 3 | 2 | 1 | -52 | -12 | -15 | -2 | -94 | 149 | -16 | -17 |
| Earnings per share (Rs) | -1.23 | 0.71 | 0.63 | 0.17 | -14.26 | -3.30 | -4.09 | -0.50 | -25.95 | 41.17 | -4.42 | -4.79 |
| Paid out as dividend % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Revenue CAGR | 40% | 6% | -13% | 4% | ||
| Profit CAGR | % | -33% | % | -95% | ||
| Share price CAGR | 1% | 0% | -11% | -6% | ||
| Average return on equity | % | % | % | % |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net block (property, plant) | 62 | 64 | 63 | 62 | 61 | 380 | 372 | 361 | 361 | 176 | 143 | 127 |
| Capital work in progress | 180 | 206 | 237 | 262 | 315 | 0 | 0 | 0 | 0 | 26 | 74 | 91 |
| Investments | 0 | 0 | 0 | 1 | 1 | 1 | 3 | 3 | 3 | 3 | 3 | 3 |
| Current & other assets | 31 | 44 | 20 | 34 | 89 | 38 | 113 | 172 | 135 | 92 | 86 | 64 |
| Total assets | 272 | 315 | 320 | 359 | 467 | 419 | 488 | 536 | 499 | 295 | 306 | 286 |
| Share capital | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 |
| Reserves & surplus | -8 | -12 | -10 | -7 | -6 | -58 | -69 | -87 | -89 | -192 | -47 | -63 |
| Total debt | 172 | 193 | 198 | 239 | 338 | 329 | 311 | 333 | 332 | 398 | 248 | 265 |
| Other liabilities & provisions | 72 | 98 | 96 | 91 | 99 | 112 | 210 | 254 | 220 | 53 | 69 | 48 |
| Equity + liabilities | 272 | 315 | 320 | 359 | 467 | 419 | 488 | 536 | 499 | 295 | 306 | 286 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1 | 13 | 33 | -3 | -48 | 9 | 18 | 3 | 18 | -10 | 36 | -9 |
| Investing cash flow | -88 | -28 | -31 | -32 | -50 | -4 | -0 | 1 | -1 | -31 | -36 | -3 |
| Free cash flow (after capex) | -88 | -15 | 2 | -28 | -102 | -2 | 18 | 3 | 9 | -47 | 0 | -12 |
| Financing cash flow | 88 | 15 | -2 | 35 | 99 | -6 | -17 | -4 | -17 | 44 | -1 | 11 |
| Net change in cash | -0 | 0 | 0 | -0 | 0 | -0 | 1 | 0 | -0 | 2 | -2 | -0 |
| Cash conversion (OCF / EBITDA) % | -117% | 1,235% | 320% | -35% | 1,433% | -25% | 238% | 23% | 71% | -326% | 339% | -81% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on capital employed % | -1% | -0% | 4% | 4% | -1% | -12% | 2% | 5% | 7% | -14% | -3% | -4% |
| Receivable days | 0 | 0 | 2 | 157 | 286 | 19 | 4 | 0 | 0 | 13 | 10 | 8 |
| Inventory days | 1,280 | 878 | 59 | 579 | 45 | 86 | 85 | 50 | 17 | 27 | 13 | |
| Payable days | 1,815 | 417 | 53 | 642 | 552 | 161 | 88 | 57 | 27 | 61 | 40 | |
| Cash cycle (days) | -534 | 461 | 7 | 94 | 286 | -487 | -72 | -2 | -6 | 3 | -23 | -19 |
| Working capital days | -8,477 | -5,727 | -1,856 | -5,611 | -32,993 | -2,726 | -399 | -49 | -41 | -35 | -87 | -86 |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter group % | 69.81% | 44.16% | 44.16% | 44.16% | 44.16% | 44.16% | 44.16% | 44.17% | 44.17% | 44.17% | 44.17% | 44.16% |
| Domestic institutions % | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% |
| Retail & others % | 28.87% | 54.52% | 54.52% | 54.52% | 54.53% | 54.52% | 54.52% | 54.51% | 54.52% | 54.52% | 54.52% | 54.52% |
| Shareholder count | 1,55,122 | 1,54,821 | 1,55,769 | 1,55,558 | 1,55,715 | 1,56,011 | 1,55,971 | 1,55,745 | 1,55,573 | 1,55,379 | 1,55,337 | 1,55,180 |
Fundamentals
Market value₹ 48.1 Cr.
Last price₹ 13.3
Book value / share₹ -7.49
Return on capital-4.16 %
Return on equity%
Dividend yield0.00 %
Face value₹ 10.0
Revenue CAGR (TTM)4%
Profit CAGR (TTM)-95%
Standalone figures.
Valuation
Market capRs 46 Cr
Enterprise valueRs 310 Cr
Price to book-1.70x
Price to sales0.11x
EV / EBITDA17.04x
EV / sales0.74x
Earnings yield-37.59%
P/E, 3-year average0.32x
P/B, 3-year average-2.37x
P/E, 5-year average0.32x
P/B, 5-year average-1.46x
Profitability
Operating margin (excl. other income)2.40%
Operating margin (incl. other income)5.29%
EBITDA margin4.32%
Pre-tax margin-2.67%
Net profit margin-4.11%
Net margin, latest quarter1.27%
ROE83.26%
ROCE0.98%
ROA-5.39%
ROE, 3-year average-1.69%
ROCE, 3-year average8.14%
ROA, 3-year average6.82%
ROE, 5-year average6.74%
ROCE, 5-year average7.38%
ROA, 5-year average3.44%
ROIC (approx.)-0.21%
Tax rate-60.93%
Other income / net worth-49.85%
Growth
Sales growth (latest year)11.93%
Profit growth (latest year)-110.73%
Sales CAGR, 3 years-12.56%
Sales CAGR, 5 years6.24%
Sales growth QoQ-50.31%
Sales growth YoY (latest quarter)-40.26%
Profit growth YoY (latest quarter)-61.09%
Per share
EPS (TTM)Rs -4.79
EPS (latest quarter)Rs 0.24
EPS, 3-year averageRs 7.61
EPS, 5-year averageRs 2.66
Book value per shareRs -7.49
Sales per shareRs 116.53
Cash flow per shareRs -2.37
Efficiency
Asset turnover1.63x
Fixed asset turnover3.66x
Inventory turnover28.98x
Inventory days13 days
Debtor days8 days
Debtors turnover43.09x
Leverage
Total debtRs 265 Cr
Cash and bankRs 1 Cr
Net debtRs 264 Cr
Debt to equity-9.80x
Net debt / EBITDA14.51x
Interest coverage-0.03x
Owners' fund to total sources-9.46%
Debt to assets92.66%
Cash flow
Operating cash flow (latest year)Rs -9 Cr
Investing cash flow (latest year)Rs -3 Cr
Financing cash flow (latest year)Rs 11 Cr
Net change in cash (latest year)Rs -0 Cr
Statement figures
Net sales (TTM)Rs 421 Cr
Net sales (latest year)Rs 467 Cr
Sales (latest quarter)Rs 67 Cr
Operating profit excl. other income (latest year)Rs 11 Cr
Operating profit (latest quarter)Rs -2 Cr
Other income (TTM)Rs 17 Cr
EBITDA (TTM)Rs 18 Cr
PBDT (TTM)Rs 7 Cr
Profit before tax (TTM)Rs -11 Cr
Tax (latest year)Rs 6 Cr
Net profit (TTM)Rs -17 Cr
Net profit (latest year)Rs -16 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 19 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 11 Cr
Cost of goods sold (latest year)Rs 351 Cr
Total expenditure (latest year)Rs 455 Cr
Total income (latest year)Rs 480 Cr
Share capitalRs 36 Cr
ReservesRs -63 Cr
Shareholders' fundsRs -27 Cr
Total assetsRs 286 Cr
Net blockRs 127 Cr
Capital work in progressRs 91 Cr
InvestmentsRs 3 Cr
ReceivablesRs 11 Cr
InventoryRs 12 Cr
Other liabilitiesRs 48 Cr
Shares outstanding (crore)3.61
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | 513566 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -11.4% | -2.8% | -8.6 pts |
| 1 month | +8.9% | -6.8% | +15.7 pts |
| 3 months | +0.3% | -7.6% | +7.9 pts |
| 3 years | -36.6% | +14.2% | -50.7 pts |
| 5 years | -10.2% | +27.9% | -38.1 pts |
Red flags
F-score 4 of 8| serious | Negative equity Shareholders' equity is negative |
| explain | Weak cash conversion Cash from operations was 43% of net profit over the last 3 years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹67 Cr -40.3% vs Jun 2025.
Net profit ₹1 Cr -61.1%.
Activity
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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Nova Iron & Steel Ltd?
Nova Iron & Steel Ltd (513566) has a market capitalisation of Rs 48.1 Cr. at the 2026-10-01 close.
What were Nova Iron & Steel Ltd's latest quarterly results?
In the Jun 2026 quarter, Nova Iron & Steel Ltd sales was Rs 67 Cr (-40.3% vs Jun 2025) and net profit was Rs 1 Cr.