MarketFriction

Inducto Steel Ltd

BSE 532001 · Iron & Steel Products
₹62.50 +3.14%
BSE close2026-10-01
Market cap₹25.8 Cr.
P/E12.5

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales43.3322.2520.7338.6546.1533.5940.1945.8521.7233.2964.8479.38
Expenses41.4821.3920.5239.0149.2333.6639.2445.2922.5432.6862.1773.71
Operating Profit1.850.860.21-0.36-3.08-0.070.950.56-0.820.612.675.67
OPM %4.27%3.87%1.01%-0.93%-6.67%-0.21%2.36%1.22%-3.78%1.83%4.12%7.14%
Other Income0.300.140.030.270.030.26-0.180.030.170.100.150.38
Interest1.090.760.360.760.190.890.320.830.290.620.664.24
Depreciation0.070.070.070.070.080.100.090.090.090.090.090.09
Profit before tax0.990.17-0.19-0.92-3.32-0.800.36-0.33-1.030.002.071.72
Tax %8.08%29.41%-10.53%0.00%-31.93%-25.00%86.11%-24.24%-27.18%33.33%25.58%
Net Profit0.910.12-0.17-0.92-2.27-0.590.06-0.25-0.750.141.391.29
EPS in Rs2.270.30-0.42-2.29-5.65-1.470.15-0.62-1.870.353.463.21
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1562321764635790104159166199
Expenses1562522744745588102161163191
Operating Profit1-2-12-1-1322-338
OPM %0.6%-8%-4.2%2.1%-2.9%-37%5.0%1.8%2.2%-1.6%1.8%4.1%
Other Income842020012001
Interest820100014226
Depreciation000000000000
Profit before tax21010-1310-513
Tax %33%30%38%43%26%0%12%43%35%-21%25%
Net Profit11000-1210-412
EPS in Rs2.591.470.601.070.42-3.465.631.440.40-9.261.345.15
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth1%124%23%20%
Compounded Profit Growth-1%19%-2%168%
Stock Price CAGR8%20%21%-14%
Return on Equity0%0%-2%1%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital554444444444
Reserves343537373738363839393536
Borrowings00000055163169
Other Liabilities19817125012003511193
Total Liabilities238212664153424583594757142
Fixed Assets111113233244
CWIP000000000000
Investments67523343134392235252221
Other Assets169158626216458222031117
Total Assets238212664153424583594757142
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity74-15-5232-242-1-6-1-1229
Cash from Investing Activity-662354-323-4-617-131111
Cash from Financing Activity-8-8-2-0-1-04-515-1611-9
Net Cash Flow0-0-0-00-0-010-4-6-021
Free Cash Flow74-15-5232-222-2-7-1-1429
CFO/OP-1,473%-1,509%2,827%-3,678%-129%-304%-158%-33%-374%-35%458%991%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days200274152814129410112420
Inventory Days2703211079118149374632162
Days Payable33533405800245001205
Cash Conversion Cycle-109274211291530-2475755-23
Working Capital Days-54-34566803815-495-4-144622-23
ROCE %15%21%6%2%4%1%-3%6%4%7%-5%6%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters69.32%69.32%69.32%69.32%69.32%69.32%69.32%69.32%69.32%69.32%69.32%69.32%
Public30.68%30.67%30.68%30.69%30.68%30.68%30.68%30.68%30.68%30.67%30.69%30.69%
No. of Shareholders9591,0401,1531,4222,3122,3872,3712,6022,7112,5452,4452,412

Fundamentals

Market Cap₹ 25.8 Cr.
Current Price₹ 64.3
Stock P/E12.5
Book Value₹ 99.7
ROCE5.94 %
ROE1.36 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)20%
Compounded Profit Growth (TTM)168%
Standalone figures.
Valuation
Market capRs 25 Cr
Enterprise valueRs 13 Cr
P/E (TTM)12.13x
Price to book0.63x
Price to sales0.13x
EV / EBITDA1.93x
EV / EBIT2.03x
EV / sales0.07x
Price to cash flow0.87x
Earnings yield8.24%
P/E, 3-year average91.80x
P/B, 3-year average0.52x
P/E, 5-year average52.54x
P/B, 5-year average0.43x
Profitability
Operating margin (excl. other income)1.83%
Operating margin (incl. other income)2.10%
EBITDA margin3.46%
Pre-tax margin0.36%
Net profit margin1.04%
Net margin, latest quarter1.63%
ROE1.36%
ROCE5.94%
ROA0.54%
ROE, 3-year average-2.42%
ROCE, 3-year average2.77%
ROA, 3-year average-2.10%
ROE, 5-year average-0.09%
ROCE, 5-year average3.62%
ROA, 5-year average-0.39%
ROIC (approx.)17.37%
Tax rate25.00%
Other income / net worth1.12%
Growth
Sales growth (latest year)4.50%
Sales CAGR, 3 years22.56%
Sales CAGR, 5 years124.28%
Profit CAGR, 3 years-2.35%
Sales growth QoQ22.42%
Profit growth QoQ-7.19%
Sales growth YoY (latest quarter)73.13%
Per share
EPS (TTM)Rs 5.15
EPS (latest year)Rs 1.34
EPS (latest quarter)Rs 3.21
EPS, 3-year averageRs -2.51
EPS, 5-year averageRs -0.09
Book value per shareRs 99.67
Sales per shareRs 495.94
Cash flow per shareRs 72.24
Free cash flow per shareRs 72.19
Efficiency
Asset turnover1.17x
Fixed asset turnover46.94x
Inventory turnover2.26x
Inventory days161 days
Debtor days20 days
Debtors turnover18.45x
Creditor days205 days
Cash conversion cycle-23 days
Working capital days-23 days
Leverage
Total debtRs 9 Cr
Cash and bankRs 21 Cr
Net debtRs -12 Cr
Debt to equity0.23x
Net debt / EBITDA-1.72x
Interest coverage1.12x
Owners' fund to total sources28.21%
Debt to assets6.61%
Cash flow
Cash from Operating Activity (latest year)Rs 29 Cr
Cash from Investing Activity (latest year)Rs 1 Cr
Cash from Financing Activity (latest year)Rs -9 Cr
Net Cash Flow (latest year)Rs 21 Cr
Free cash flow (latest year)Rs 29 Cr
FCFE (approx.: FCF + change in debt)Rs 22 Cr
Sales to cash flow5.71x
Statement figures
Net sales (TTM)Rs 199 Cr
Net sales (latest year)Rs 166 Cr
Sales (latest quarter)Rs 79 Cr
Operating profit excl. other income (latest year)Rs 3 Cr
Operating profit (latest quarter)Rs 6 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 7 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 6 Cr
Cost of goods sold (latest year)Rs 156 Cr
Total expenditure (latest year)Rs 163 Cr
Total income (latest year)Rs 166 Cr
Share capitalRs 4 Cr
ReservesRs 36 Cr
Shareholders' fundsRs 40 Cr
Total assetsRs 142 Cr
Net blockRs 4 Cr
InvestmentsRs 21 Cr
ReceivablesRs 9 Cr
InventoryRs 69 Cr
Other liabilitiesRs 93 Cr
Shares outstanding (crore)0.40
Ownership
Promoter holding69.32% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 12.1 is at the 17th percentile of its own 7.2-year range (median 22.4, low 4.8, high 266.2).
P/B 0.63 is at the 89th percentile (median 0.28).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period532001Nifty 50Difference
1 week+6.3%-2.8% +9.1 pts
1 month-2.3%-6.8% +4.4 pts
3 months+17.9%-7.6% +25.5 pts
3 years+83.8%+14.2% +69.6 pts
5 years+161.5%+27.9% +133.6 pts

Red flags

F-score 7 of 8
lookInventory outrunning sales Inventory grew 406% vs sales +5% in 2026
lookProfit leans on other income Other income was 62% of pre-tax profit in 2026
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 2026
Sales ₹79 Cr +73.1% vs Jun 2025. Net profit ₹1 Cr +616.0%.

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 Inducto Steel Ltd?

Inducto Steel Ltd (532001) has a market capitalisation of Rs 25.8 Cr. at the 2026-10-01 close.

What is the P/E ratio of Inducto Steel Ltd?

Inducto Steel Ltd trades at a P/E of 12.5 on trailing twelve-month profit, at the 2026-10-01 close.

What were Inducto Steel Ltd's latest quarterly results?

In the Jun 2026 quarter, Inducto Steel Ltd sales was Rs 79 Cr (+73.1% vs Jun 2025) and net profit was Rs 1 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03