TipHub

BSE · 513566 · Steel

Nova Iron & Steel Ltd.

12.76
₹45 Cr market cap
P/E
0.31
EPS
₹0
Book value
₹-2.81
ROE
143.95%
ROCE
-5.74%
Debt / equity
7.82

Revenue & net profit by period

Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.

013.3626.7140.0753.43Mar 16Mar 17Mar 18
Revenue (₹ Cr) Net profit (₹ Cr)

Latest period: revenue ₹21 Cr with net profit ₹2 Cr — a 10.75% net margin, versus 4.8% the period before.

Shareholding

As of 2026-06-30

44.16%
promoter holding
  • Promoter44.16%
  • Public54.52%
  • DII1.32%

1,55,180 shareholders on record

Promoter holding trend

Each disclosed period, oldest to newest

44.16%44.16%Sep 24Jun 26

52-week position

Where the current price sits in its yearly band

10.5412.7616.68

The band spans 1.58× from low to high.

Risk flags

Derived from disclosed data

No flags raised by the data.

Peer comparison

Steel - Sponge Iron · ranked #4 of 6 by market cap · medians across 3 industry peers

P/E
0.31vs 22.61 peer med
P/B
vs 1.37 peer med
ROE %
143.95vs -12.78 peer med
Margin %
34.61vs 4.05 peer med
CompanyMkt capP/EP/BROEMargin
Vraj Iron and Steel Ltd.₹408 Cr12.750.987.72%5.44%
Vaswani Industries Ltd.₹171 Cr22.611.760%
Bihar Sponge Iron Ltd.₹111 Cr87.57-33.28%4.05%
Nova Iron & Steel Ltd.(this company)₹46 Cr0.31143.95%34.61%

AI analysis

AI-generated · google/gemini-2.5-flash

Nova Iron & Steel Ltd. is listed with a market capitalization of Rs 44 Cr. The company reported revenue of Rs 419.85 Cr and a profit margin of 34.61%.

Positives

  • +The profit margin is 34.61%.
  • +Return on Equity (ROE) is 143.95%.
  • +Promoter pledge is 0%, indicating no shares are pledged.

Negatives

  • The book value per share is negative at Rs -2.81.
  • The debt-to-equity ratio is high at 7.82.
  • The Return on Capital Employed (ROCE) is negative at -5.7388%.
  • Net profit in the latest reported quarter (Dec 2025) was a loss of Rs -11.77 Cr.
  • Promoter holding has decreased from 44.1613% as of March 31, 2026, compared to previous periods for which specific promoter holding data is not available from March 2018 to June 2016.

Financial performance

The company's latest reported revenue is Rs 419.85 Cr. However, recent quarterly results show declines. Revenue decreased from Rs 112.97 Cr in June 2025 to Rs 108.04 Cr in Sept 2025, and further to Rs 109.82 Cr in Dec 2025. Net profit also declined from Rs 2.21 Cr in June 2025 to a loss of Rs -1.06 Cr in Sept 2025 and a loss of Rs -11.77 Cr in Dec 2025.

Profitability & returns

Nova Iron & Steel Ltd. has a profit margin of 34.61%. The Return on Equity (ROE) stands at 143.95%. However, the Return on Capital Employed (ROCE) is negative at -5.7388%. The price-to-earnings (PE) ratio is 0.31, which is low.

Balance sheet

The book value per share is negative at Rs -2.81. The debt-to-equity ratio is high at 7.82, indicating significant reliance on debt financing. The company has a market capitalization of Rs 44 Cr.

Ownership & pledges

As of March 31, 2026, promoter holding is 44.1613%. There are no reported promoter pledges. The company has a total of 155337 shareholders.

Data as of — price: 2026-07-30 · financials: Mar 18 · shareholding: Jun 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.

How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.

Back to Nova Iron & Steel Ltd.share price & fundamentals