Price
Financials
Consolidated, Rs crore| Dec 2020 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2 | 28 | 46 | 3 | 25 | 53 | 6 | 33 | 401 | 335 | 190 | 223 |
| Expenses | 26 | 32 | 38 | 9 | 46 | 37 | 29 | 71 | 394 | 376 | 167 | 197 |
| Operating Profit | -24 | -5 | 9 | -6 | -20 | 16 | -23 | -39 | 7 | -41 | 23 | 26 |
| OPM % | -1,070% | -17% | 19% | -195% | -82% | 31% | -372% | -118% | 1.8% | -12% | 12% | 12% |
| Other Income | 0 | 0 | 0 | 0 | 10 | 2 | 1 | 1 | 2 | 2 | 0 | 0 |
| Interest | 9 | 7 | 7 | 7 | 7 | 11 | 14 | 17 | 8 | 7 | 0 | 0 |
| Depreciation | 7 | 7 | 7 | 1 | 11 | 6 | 6 | 6 | 6 | 6 | 0 | 0 |
| Profit before tax | -40 | -18 | -5 | -14 | -29 | 1 | -42 | -61 | -4 | -52 | 23 | 26 |
| Tax % | -24% | -24% | -24% | -24% | 3% | 95% | 46% | 26% | -0% | -23% | -190% | 28% |
| Net Profit | -30 | -14 | -4 | -10 | -30 | 0 | -61 | -77 | -4 | -40 | 67 | 19 |
| EPS in Rs | -3.24 | -1.49 | -0.41 | -1.10 | -3.21 | 0.00 | -6.58 | -8.24 | -0.38 | -4.29 | 7.22 | 1.99 |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 686 | 783 | 848 | 838 | 1,012 | 1,210 | 1,261 | 767 | 100 | 102 | 382 | 1,123 |
| Expenses | 589 | 660 | 733 | 756 | 832 | 1,091 | 1,193 | 838 | 93 | 125 | 432 | 1,215 |
| Operating Profit | 97 | 123 | 115 | 82 | 179 | 119 | 69 | -71 | 7 | -23 | -50 | -92 |
| OPM % | 14% | 16% | 14% | 10% | 18% | 10% | 5% | -9% | 7% | -22% | -13% | -8% |
| Other Income | 15 | 9 | -17 | 7 | 22 | 34 | -25 | 1 | 6 | 10 | -78 | 0 |
| Interest | 44 | 38 | 35 | 32 | 39 | 46 | 44 | 50 | 38 | 27 | 72 | 0 |
| Depreciation | 17 | 19 | 21 | 22 | 27 | 30 | 32 | 30 | 29 | 26 | 24 | 0 |
| Profit before tax | 51 | 74 | 42 | 35 | 135 | 77 | -32 | -149 | -54 | -66 | -225 | -92 |
| Tax % | 43% | 38% | 31% | 47% | 38% | 56% | -11% | -27% | -24% | -12% | -24% | -90% |
| Net Profit | 29 | 46 | 29 | 19 | 84 | 34 | -29 | -109 | -41 | -58 | -171 | -9 |
| EPS in Rs | 4.47 | 7.14 | 4.11 | 2.36 | 9.41 | 3.65 | -3.08 | -11.68 | -4.36 | -6.23 | -18.37 | -0.99 |
| Dividend Payout % | 12% | 9% | 15% | 26% | 8% | 21% | -13% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 4% | -2% | 124% | 194% | ||
| Compounded Profit Growth | % | % | 21% | 87% | ||
| Stock Price CAGR | -14% | -1% | % | % | ||
| Return on Equity | -1% | -7% | -7% | -2% |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 34 | 34 | 37 | 41 | 44 | 47 | 47 | 47 | 47 | 47 | 47 | 47 |
| Reserves | 897 | 892 | 869 | 856 | 888 | 919 | 882 | 771 | 738 | 683 | 513 | 470 |
| Borrowings | 309 | 292 | 116 | 132 | 215 | 181 | 178 | 196 | 203 | 202 | 577 | 559 |
| Other Liabilities | 258 | 299 | 345 | 397 | 524 | 552 | 627 | 692 | 775 | 746 | 772 | 816 |
| Total Liabilities | 1,497 | 1,517 | 1,367 | 1,426 | 1,671 | 1,699 | 1,734 | 1,706 | 1,763 | 1,678 | 1,909 | 1,892 |
| Fixed Assets | 988 | 948 | 934 | 880 | 846 | 864 | 867 | 902 | 874 | 847 | 823 | 813 |
| CWIP | 52 | 78 | 73 | 90 | 94 | 120 | 134 | 117 | 117 | 117 | 117 | 121 |
| Investments | 16 | 16 | 12 | 12 | 17 | 18 | 18 | 18 | 17 | 16 | 16 | 16 |
| Other Assets | 441 | 475 | 347 | 444 | 714 | 698 | 716 | 669 | 755 | 697 | 952 | 941 |
| Total Assets | 1,497 | 1,517 | 1,367 | 1,426 | 1,671 | 1,699 | 1,734 | 1,706 | 1,763 | 1,678 | 1,909 | 1,892 |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 114 | 95 | 66 | 63 | 90 | 110 | 83 | 44 | -9 | -9 | -289 | |
| Cash from Investing Activity | -235 | -41 | 143 | -65 | -119 | -36 | -57 | -47 | 26 | 26 | 3 | |
| Cash from Financing Activity | 120 | -53 | -208 | 8 | 30 | -66 | -36 | 1 | -19 | -19 | 307 | |
| Net Cash Flow | 0 | 1 | 1 | 6 | 0 | 9 | -10 | -2 | -2 | -2 | 21 | |
| Free Cash Flow | 74 | 39 | 9 | -6 | -17 | 61 | 29 | 2 | -6 | -6 | -284 | |
| CFO/OP | 131% | 93% | 57% | 98% | 53% | 117% | 123% | -65% | -88% | 27% | 570% |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 4 | 6 | 6 | 11 | 14 | 16 | 15 | 27 | 194 | 316 | 128 | |
| Inventory Days | 148 | 151 | 172 | 178 | 258 | 155 | 116 | 166 | 1,426 | 454 | ||
| Days Payable | 231 | 282 | 301 | 344 | 370 | 214 | 228 | 252 | 1,055 | 444 | ||
| Cash Conversion Cycle | -79 | -125 | -123 | -155 | -98 | -44 | -98 | -60 | 194 | 688 | 138 | |
| Working Capital Days | -78 | -72 | -63 | -80 | -86 | -59 | -71 | -132 | -676 | -922 | -22 | |
| ROCE % | 8% | 9% | 11% | 6% | 16% | 13% | 4% | -7% | -2% | -4% | -5% |
| Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 61.44% | 61.44% | 61.44% | 61.44% | 61.44% | 61.44% | 61.44% | 61.44% | 61.44% | 61.44% | 61.44% | 61.44% |
| FIIs | 2.45% | 2.45% | 2.45% | 2.45% | 2.45% | 1.82% | 1.82% | 1.82% | 1.82% | 1.82% | 1.82% | 1.82% |
| DIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.64% | 0.64% | 0.64% | 0.64% | 0.64% | 0.64% | 0.64% |
| Public | 36.09% | 36.09% | 36.09% | 36.09% | 36.09% | 36.08% | 36.09% | 36.09% | 36.10% | 36.09% | 36.10% | 36.09% |
| No. of Shareholders | 1,15,190 | 1,14,907 | 1,14,601 | 1,14,457 | 1,14,464 | 1,14,434 | 1,14,437 | 1,14,447 | 1,14,437 | 1,14,404 | 1,14,388 | 1,14,382 |
Fundamentals
Market Cap₹ 58.7 Cr.
Current Price₹ 6.29
Stock P/E4.56
Book Value₹ 55.4
ROCE-8.08 %
ROE-1.66 %
Dividend Yield0.00 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)194%
Compounded Profit Growth (TTM)87%
Consolidated figures.
Valuation
P/B, 3-year average0.09x
P/B, 5-year average0.09x
Profitability
Operating margin (excl. other income)-8.18%
Operating margin (incl. other income)-8.18%
EBITDA margin-0.60%
Pre-tax margin-0.60%
Net profit margin3.69%
Net margin, latest quarter8.33%
ROE, 3-year average-17.14%
ROCE, 3-year average-9.41%
ROA, 3-year average-6.47%
ROE, 5-year average-12.96%
ROCE, 5-year average-7.46%
ROA, 5-year average-5.41%
Tax rate89.91%
Growth
Sales growth (latest year)194.29%
Sales CAGR, 3 years123.80%
Sales CAGR, 5 years-2.30%
Sales growth QoQ17.47%
Profit growth QoQ-72.43%
Sales growth YoY (latest quarter)581.03%
Per share
EPS (TTM)Rs 4.54
EPS (latest quarter)Rs 1.99
EPS, 3-year averageRs -12.30
EPS, 5-year averageRs -10.16
Sales per shareRs 123.07
Free cash flow per shareRs -30.43
Efficiency
Creditor days444 days
Cash conversion cycle138 days
Working capital days-22 days
Cash flow
Free cash flow (latest year)Rs -284 Cr
Statement figures
Net sales (TTM)Rs 1,148 Cr
Net sales (latest year)Rs 1,123 Cr
Sales (latest quarter)Rs 223 Cr
Operating profit excl. other income (latest year)Rs -92 Cr
Operating profit (latest quarter)Rs 26 Cr
EBITDA (TTM)Rs -7 Cr
PBDT (TTM)Rs -7 Cr
Profit before tax (TTM)Rs -7 Cr
Tax (latest year)Rs -83 Cr
Net profit (TTM)Rs 42 Cr
Net profit (latest year)Rs -9 Cr
Net profit (latest quarter)Rs 19 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 1,215 Cr
Total income (latest year)Rs 1,123 Cr
Shares outstanding (crore)9.33
Ownership
Promoter holding61.44% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Not enough price history.
Red flags
| look | Repeated losses Net loss in each of the last two 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 2024Sales ₹223 Cr +575.8% vs Dec 2022.
Net profit ₹19 Cr +124.7%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Indian Metals & Ferro Alloys Ltd | 6,510 | 12.4 | 18.4 % |
| Maithan Alloys Ltd | 2,703 | 9.30 | 7.67 % |
| VISA Chrome Ltd | 503 | -5.58 % | |
| Nilachal Carbo Metalicks Ltd | 326 | 30.9 | 14.7 % |
| Nagpur Power & Industries Ltd | 238 | 0.91 % | |
| Jainam Ferro Alloys (I) Ltd | 236 | 36.5 | 6.89 % |
| Owais Metal and Mineral Processing Ltd | 127 | 76.9 | 4.30 % |
| Indsil Hydro Power & Manganese Ltd | 106 | 7.59 | 7.78 % |
| Shyam Century Ferrous Ltd | 105 | -7.40 % | |
| Chrome Silicon Ltd | 68 | -17.4 % | |
| Facor Alloys Ltd | 61 | -17.6 % | |
| Impex Ferro Tech Ltd | 56 | % | |
| QVC Exports Ltd | 24 | 7.26 | 9.19 % |
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 Balasore Alloys Ltd?
Balasore Alloys Ltd (ISPATALLOY) has a market capitalisation of Rs 58.7 Cr. at the close.
What is the P/E ratio of Balasore Alloys Ltd?
Balasore Alloys Ltd trades at a P/E of 4.56 on trailing twelve-month profit, at the close.
What were Balasore Alloys Ltd's latest quarterly results?
In the Jun 2024 quarter, Balasore Alloys Ltd sales was Rs 223 Cr (+575.8% vs Dec 2022) and net profit was Rs 19 Cr.