Price
Financials
Standalone, Rs crore| Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 348 | 269 | 519 | 540 | 250 | 249 | 208 | 200 | 159 | 121 | 180 | 166 |
| Expenses | 396 | 279 | 519 | 535 | 260 | 265 | 209 | 195 | 139 | 125 | 179 | 174 |
| Operating Profit | -48 | -9 | 0 | 5 | -10 | -17 | -1 | 5 | 20 | -4 | 1 | -9 |
| OPM % | -14% | -3.5% | 0.1% | 0.8% | -4.1% | -7% | -0.5% | 2.5% | 13% | -3.2% | 0.3% | -5% |
| Other Income | 15 | 0 | 5 | 2 | 1 | 0 | 33 | 0 | -39 | 1 | 0 | 0 |
| Interest | 56 | 45 | 51 | 53 | 49 | 106 | 16 | 21 | 54 | 0 | 0 | 0 |
| Depreciation | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
| Profit before tax | -100 | -66 | -58 | -58 | -71 | -134 | 3 | -28 | -85 | -15 | -12 | -21 |
| Tax % | 54% | 7% | -18% | -1% | -27% | -23% | 0% | 0% | 3% | 0% | 0% | 0% |
| Net Profit | -153 | -70 | -48 | -58 | -52 | -103 | 3 | -28 | -87 | -15 | -12 | -21 |
| EPS in Rs | -34.48 | -15.82 | -10.71 | -12.95 | -11.61 | -23.11 | 0.74 | -6.39 | -19.53 | -3.43 | -2.70 | -4.61 |
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,785 | 3,484 | 3,499 | 3,884 | 3,750 | 3,980 | 4,210 | 1,082 | 1,309 | 1,578 | 815 | 626 |
| Expenses | 2,631 | 3,316 | 3,319 | 3,698 | 3,598 | 3,894 | 4,266 | 1,239 | 1,331 | 1,593 | 808 | 618 |
| Operating Profit | 154 | 169 | 181 | 186 | 152 | 86 | -55 | -157 | -22 | -15 | 7 | 8 |
| OPM % | 6% | 4.8% | 5% | 4.8% | 4.1% | 2.2% | -1.3% | -15% | -1.7% | -0.9% | 0.9% | 1.3% |
| Other Income | 0 | 12 | 10 | 1 | 38 | 13 | 15 | 26 | 15 | 8 | -38 | -38 |
| Interest | 103 | 125 | 127 | 123 | 137 | 138 | 134 | 147 | 182 | 198 | 165 | 55 |
| Depreciation | 18 | 19 | 21 | 15 | 15 | 49 | 50 | 49 | 49 | 49 | 48 | 48 |
| Profit before tax | 34 | 37 | 43 | 48 | 38 | -87 | -224 | -327 | -237 | -253 | -244 | -132 |
| Tax % | 16% | 22% | 29% | 38% | 26% | -5% | -36% | -26% | 23% | -10% | -12% | |
| Net Profit | 29 | 29 | 30 | 30 | 28 | -82 | -143 | -240 | -291 | -227 | -215 | -135 |
| EPS in Rs | 6.46 | 6.49 | 6.84 | 6.78 | 6.32 | -18.45 | -32.11 | -54.03 | -65.36 | -51.10 | -48.29 | -30.27 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | -2% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -12% | -27% | -9% | -31% | ||
| Compounded Profit Growth | % | % | 8% | 55% | ||
| Stock Price CAGR | -16% | -1% | % | % | ||
| Return on Equity | % | % | % | % |
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 |
| Reserves | 179 | 206 | 234 | 260 | 286 | -415 | -559 | -799 | -1,063 | -1,300 | -1,516 | -1,544 |
| Borrowings | 345 | 348 | 364 | 337 | 288 | 253 | 255 | 1,221 | 1,339 | 1,502 | 1,537 | 1,537 |
| Other Liabilities | 645 | 647 | 630 | 791 | 772 | 1,931 | 1,707 | 406 | 392 | 360 | 436 | 448 |
| Total Liabilities | 1,214 | 1,245 | 1,271 | 1,432 | 1,390 | 1,813 | 1,448 | 873 | 712 | 606 | 501 | 486 |
| Fixed Assets | 179 | 221 | 203 | 192 | 166 | 641 | 600 | 552 | 503 | 457 | 411 | 386 |
| CWIP | 48 | 1 | 1 | 21 | 45 | 4 | 1 | 0 | 0 | 0 | 0 | 0 |
| Investments | 3 | 3 | 3 | 3 | 1 | 2 | 1 | 1 | 0 | 1 | 0 | 0 |
| Other Assets | 984 | 1,020 | 1,065 | 1,217 | 1,178 | 1,166 | 847 | 320 | 208 | 148 | 91 | 99 |
| Total Assets | 1,214 | 1,245 | 1,271 | 1,432 | 1,390 | 1,813 | 1,448 | 873 | 712 | 606 | 501 | 486 |
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 74 | 171 | 158 | 108 | 170 | 166 | 173 | 132 | -855 | 36 | 36 | 126 |
| Cash from Investing Activity | -18 | -38 | 0 | 7 | -14 | 26 | 2 | 2 | 204 | 0 | -2 | -0 |
| Cash from Financing Activity | -33 | -133 | -124 | -128 | -161 | -193 | -174 | -129 | 759 | -38 | -34 | -130 |
| Net Cash Flow | 22 | -1 | 35 | -13 | -5 | -1 | 2 | 5 | 109 | -1 | -0 | -4 |
| Free Cash Flow | 50 | 127 | 144 | 103 | 142 | 175 | 163 | 127 | -855 | 36 | 34 | 124 |
| CFO/OP | 58% | 115% | 97% | 68% | 97% | 119% | 211% | -252% | 543% | -167% | -246% | 1,717% |
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 45 | 44 | 42 | 43 | 40 | 42 | 38 | 31 | 55 | 15 | 1 | 6 |
| Inventory Days | 78 | 77 | 48 | 52 | 57 | 55 | 45 | 26 | 28 | 27 | 19 | 8 |
| Days Payable | 76 | 85 | 68 | 67 | 76 | 77 | 163 | 130 | 98 | 67 | 49 | 144 |
| Cash Conversion Cycle | 47 | 36 | 22 | 28 | 21 | 20 | -79 | -72 | -15 | -25 | -30 | -131 |
| Working Capital Days | 17 | 16 | 9 | 12 | 9 | 12 | -81 | -93 | -429 | -403 | -382 | -851 |
| ROCE % | 23% | 24% | 28% | 28% | 27% | 24% | 20% | -173% | -14% | -19% | -25% |
| Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 49.85% | 49.85% | 49.85% | 49.85% | 49.85% | 49.85% | 49.85% | 49.85% | 49.85% | 49.85% | 49.85% | 49.85% |
| DIIs | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% |
| Public | 50.03% | 50.03% | 50.03% | 50.03% | 50.03% | 50.03% | 50.03% | 50.03% | 50.03% | 50.03% | 50.03% | 50.04% |
| No. of Shareholders | 27,707 | 27,634 | 27,438 | 27,236 | 27,132 | 27,660 | 27,984 | 27,875 | 27,765 | 27,719 | 27,648 | 27,934 |
Fundamentals
Market Cap₹ 17.6 Cr.
Current Price₹ 3.95
Book Value₹ -337
ROCE-24.9 %
ROE%
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-31%
Compounded Profit Growth (TTM)55%
Standalone figures.
Valuation
Market capRs 18 Cr
Enterprise valueRs 1,551 Cr
Price to book-0.01x
Price to sales0.03x
EV / sales2.48x
Price to cash flow0.14x
Earnings yield-766.38%
P/B, 3-year average-0.01x
P/B, 5-year average-0.06x
Profitability
Operating margin (excl. other income)0.90%
Operating margin (incl. other income)-3.77%
EBITDA margin-4.73%
Pre-tax margin-21.18%
Net profit margin-21.53%
Net margin, latest quarter-12.37%
ROE15.76%
ROCE-50.52%
ROA-38.81%
ROE, 3-year average22.85%
ROCE, 3-year average-27.98%
ROA, 3-year average-36.67%
ROE, 5-year average27.75%
ROCE, 5-year average-64.30%
ROA, 5-year average-27.90%
ROIC (approx.)-112.44%
Tax rate11.92%
Other income / net worth2.59%
Growth
Sales growth (latest year)-48.36%
Sales CAGR, 3 years-9.00%
Sales CAGR, 5 years-27.18%
Sales growth QoQ-7.82%
Sales growth YoY (latest quarter)-17.14%
Per share
EPS (TTM)Rs -30.27
EPS (latest year)Rs -48.29
EPS (latest quarter)Rs -4.61
EPS, 3-year averageRs -54.92
EPS, 5-year averageRs -50.18
Book value per shareRs -330.77
Sales per shareRs 140.57
Cash flow per shareRs 28.39
Free cash flow per shareRs 27.87
Dividend per share, 5-year averageRs 0.50
Efficiency
Asset turnover1.63x
Fixed asset turnover1.98x
Inventory turnover58.15x
Inventory days6 days
Debtor days6 days
Debtors turnover65.26x
Creditor days144 days
Cash conversion cycle-131 days
Working capital days-851 days
Leverage
Total debtRs 1,537 Cr
Cash and bankRs 4 Cr
Net debtRs 1,533 Cr
Debt to equity-1.04x
Interest coverage-1.43x
Owners' fund to total sources-293.64%
Debt to assets306.70%
Cash flow
Cash from Operating Activity (latest year)Rs 126 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs -130 Cr
Net Cash Flow (latest year)Rs -4 Cr
Free cash flow (latest year)Rs 124 Cr
FCFE (approx.: FCF + change in debt)Rs 159 Cr
Sales to cash flow6.45x
Statement figures
Net sales (TTM)Rs 626 Cr
Net sales (latest year)Rs 815 Cr
Sales (latest quarter)Rs 166 Cr
Operating profit excl. other income (latest year)Rs 7 Cr
Operating profit (latest quarter)Rs -9 Cr
Other income (TTM)Rs -38 Cr
EBITDA (TTM)Rs -30 Cr
PBDT (TTM)Rs -84 Cr
Profit before tax (TTM)Rs -132 Cr
Tax (latest year)Rs -29 Cr
Net profit (TTM)Rs -135 Cr
Net profit (latest year)Rs -215 Cr
Net profit (latest quarter)Rs -21 Cr
Depreciation (TTM)Rs 48 Cr
Depreciation (latest quarter)Rs 12 Cr
Interest (TTM)Rs 55 Cr
Cost of goods sold (latest year)Rs 743 Cr
Total expenditure (latest year)Rs 808 Cr
Total income (latest year)Rs 777 Cr
Share capitalRs 44 Cr
ReservesRs -1,516 Cr
Shareholders' fundsRs -1,472 Cr
Total assetsRs 501 Cr
Net blockRs 411 Cr
ReceivablesRs 12 Cr
InventoryRs 13 Cr
Other liabilitiesRs 436 Cr
Shares outstanding (crore)4.45
Ownership
Promoter holding49.85% (+0.00 in a year)
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 | NATNLSTEEL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +9.7% | -2.8% | +12.5 pts |
| 1 month | -1.2% | -6.8% | +5.5 pts |
| 3 months | +3.9% | -7.6% | +11.6 pts |
| 6 months | +31.7% | +0.4% | +31.3 pts |
| 1 year | -3.7% | -9.9% | +6.3 pts |
| 2 years | +31.7% | -13.6% | +45.2 pts |
| 3 years | +83.7% | +14.2% | +69.5 pts |
| 5 years | -85.8% | +27.9% | -113.7 pts |
Red flags
F-score 4 of 8| serious | Negative equity Shareholders' equity is negative |
| 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
Dec 2022Sales ₹166 Cr -17.0% vs Dec 2021.
Net loss ₹21 Cr.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Welspun Corp Ltd | 74,969 | 32.5 | 22.9 % |
| APL Apollo Tubes Ltd | 60,768 | 49.4 | 31.8 % |
| Shyam Metalics & Energy Ltd | 29,979 | 26.7 | 13.0 % |
| Ratnamani Metals & Tubes Ltd | 19,859 | 45.3 | 17.9 % |
| Jindal Saw Ltd | 17,759 | 27.2 | 10.4 % |
| Usha Martin Ltd | 15,204 | 27.9 | 19.5 % |
| Godawari Power & Ispat Ltd | 14,902 | 18.2 | 20.5 % |
| Gallantt Ispat Ltd. | 13,007 | 29.8 | 18.2 % |
| Maharashtra Seamless Ltd | 9,672 | 13.1 | 14.3 % |
| Jayaswal Neco Industries Ltd | 8,997 | 15.7 | 20.7 % |
| Sunflag Iron & Steel Company Ltd | 8,368 | 39.4 | 4.07 % |
| Man Industries (India) Ltd | 7,198 | 35.2 | 16.2 % |
| Aeroflex Industries Ltd | 7,141 | 106 | 18.9 % |
| Technocraft Industries (India) Ltd | 6,635 | 19.5 | 16.3 % |
| Shivalik Bimetal Controls Ltd | 6,402 | 60.1 | 26.6 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2022-09-19 | Annual General Meeting | |
| 2021-09-02 | Annual General Meeting | |
| 2020-09-22 | Annual General Meeting | |
| 2019-07-25 | Annual General Meeting | |
| 2018-09-18 | Annual General Meeting | |
| 2017-09-12 | Annual General Meeting /Interim Dividend - Re 0.50 Per Share | |
| 2016-08-25 | Annual General Meeting | |
| 2015-09-14 | Annual General Meeting | |
| 2014-08-14 | Annual General Meeting | |
| 2013-08-20 | Annual General Meeting | |
| 2012-07-19 | Annual General Meeting | |
| 2011-08-18 | Annual General Meeting | |
| 2010-08-18 | Annual General Meeting | |
| 2009-08-06 | Annual General Meeting | |
| 2008-07-23 | Annual General Meeting | |
| 2007-07-24 | Agm | |
| 2006-07-20 | Agm |
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 National Steel & Agro Industries Ltd?
National Steel & Agro Industries Ltd (NATNLSTEEL) has a market capitalisation of Rs 17.6 Cr. at the 2023-05-19 close.
What were National Steel & Agro Industries Ltd's latest quarterly results?
In the Dec 2022 quarter, National Steel & Agro Industries Ltd sales was Rs 166 Cr (-17.0% vs Dec 2021) with a net loss of Rs 21 Cr.