Nova Iron & Steel Ltd.

•

novaironsteel.comBSE: -NSE: NOVAIRNSTL

Market Cap₹ 67 Cr.

Current Price

High / Low—

Stock P/E29.3

Book Value—

Price to Book—

Dividend Yield0.00 %

ROCE3.7 %

ROE8.2 %

Face Value₹ 10

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2018 • Investment in commodities / Securities: 78.9% • Manufacturing: 13.6% • Others: 7.5%

AI Sector View

AI GENERATED

Capital Goods

Buy

Capital goods is supported by strong public capex and still-expansionary industrial activity. Capital expenditure rose 66% YoY (2026-06), GST collections grew 8% YoY (2026-07), and the core industries Overall Index increased 5.4% YoY (2026-07). E-way bills slowed to 6% YoY (2026-07) and sector FPI flows show INR -9697 crore net outflow over 3 months to 2026-08-31, but the investment cycle and fiscal impulse remain favorable.

Confidence

72%

View full sector analysis →

PROS

CONS

Company has a high debt-to-equity of 8.12x
A large part of profit comes from other income (70.1% of PBT)
Company has a low return on equity of -0.1% over last 3 years
Company has a low return on capital employed of 2.9%
Operating cash flow has been negative in recent years
Interest coverage is weak at 1.3x - earnings barely cover interest

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Capital GoodsIron & SteelSteel & Iron Products

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	JSWSTEEL	1267.50	12.51	309961.29	0.56	4696.00	112.58	47364.00	11.55	20.67	19.60
2.	TATASTEEL	182.85	20.69	228259.99	2.19	2385.24	18.82	60794.29	15.26	12.70	15.40
3.	SAIL	179.00	17.31	73936.40	1.31	1644.05	120.80	26245.67	1.25	7.08	15.92
4.	WELCORP	2676.25	30.57	70596.97	0.19	1047.88	200.11	4081.12	14.91	23.94	32.17
5.	JSL	755.20	19.16	62260.17	0.53	768.66	7.56	11278.54	10.50	19.19	12.09
6.	APLAPOLLO	2153.00	48.64	59779.85	0.39	263.11	10.94	5606.71	12.07	31.83	7.34
7.	SHYAMMETL	1074.35	26.70	29988.53	0.42	350.73	20.66	5455.09	23.45	13.88	14.03
8.	JINDALSAW	311.85	30.52	19943.06	0.64	90.79	-78.15	4452.31	9.00	10.38	8.79
9.	RATNAMANI	2808.15	45.47	19682.88	0.36	107.03	-15.82	971.63	-15.63	18.01	16.69
10.	SARDAEN	524.75	16.37	18491.21	0.38	478.13	9.50	1608.04	-1.07	17.76	41.59
11.	GPIL	244.50	20.41	16460.69	0.41	222.37	2.75	1750.47	32.29	20.20	19.36
12.	NOVAIRNSTL	18.46	29.28	66.71	0.00	0.86	-61.13	67.49	-40.26	63.82	-2.86

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

No quarterly results found

We don't have this information yet. Please check back later.

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018
	16	53	20
	15	43	11
Operating Profit	1	10	8
OPM %	6.52%	19.49%	43.27%
	2	0	2
Interest	6	7	7
Depreciation	1	1	1
Profit before Tax	-4	3	2
Tax %	-6.26%	4.34%	-0.34%
Net Profit	-4	3	2
EPS	0.00	0.00	0.00
Dividend Payout %	0.00%	0.00%	0.00%

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: —

RETURN ON EQUITY

10 Years:: —
5 Years:: —
3 Years:: 0%
Last Year:: 8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018
Equity Capital	36	36	36
	-12	-10	-7
	199	206	246
Trade Payables	13	6	4
	78	81	78
Total Liabilities	314	319	358
	64	63	62
Capital Work in Progress	206	237	262
	0	0	1
	28	6	4
	0	0	0
Cash & Bank	0	1	0
	15	12	28
Total Assets	314	319	358

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018
	13	33	-3
Cash from Investing	-28	-31	-32
Cash from Financing	15	-2	35
	0	0	-0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	44.16	44.16	44.16	44.16	44.16	44.16	44.16	44.16	44.16
FIIs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	1.32	1.32	1.32	1.32	1.32	1.32	1.32	1.32	1.32
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	54.52	54.52	54.52	54.52	54.52	54.52	54.52	54.52	54.52

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

No announcements filed.

News

Recent coverage and analyst commentary for NOVAIRNSTL

Loading news…

🤖

AI Stock Analyst

Nova Iron & Steel Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

JSWSTEEL

1267.50

12.51

309961.29

0.56

4696.00

112.58

47364.00

11.55

20.67

19.60

TATASTEEL

182.85

20.69

228259.99

2.19

2385.24

18.82

60794.29

15.26

12.70

15.40

SAIL

179.00

17.31

73936.40

1.31

1644.05

120.80

26245.67

1.25

7.08

15.92

WELCORP

2676.25

30.57

70596.97

0.19

1047.88

200.11

4081.12

14.91

23.94

32.17

JSL

755.20

19.16

62260.17

0.53

768.66

7.56

11278.54

10.50

19.19

12.09

APLAPOLLO

2153.00

48.64

59779.85

0.39

263.11

10.94

5606.71

12.07

31.83

7.34

SHYAMMETL

1074.35

26.70

29988.53

0.42

350.73

20.66

5455.09

23.45

13.88

14.03

JINDALSAW

311.85

30.52

19943.06

0.64

90.79

-78.15

4452.31

9.00

10.38

8.79

RATNAMANI

2808.15

45.47

19682.88

0.36

107.03

-15.82

971.63

-15.63

18.01

16.69

SARDAEN

524.75

16.37

18491.21

0.38

478.13

9.50

1608.04

-1.07

17.76

41.59

GPIL

244.50

20.41

16460.69

0.41

222.37

2.75

1750.47

32.29

20.20

19.36

NOVAIRNSTL

18.46

29.28

66.71

0.00

0.86

-61.13

67.49

-40.26

63.82

-2.86

Mar 2016

Mar 2017

Mar 2018

Operating Profit

OPM %

6.52%

19.49%

43.27%

Interest

Depreciation

Profit before Tax

-4

Tax %

-6.26%

4.34%

-0.34%

Net Profit

-4

EPS

0.00

Dividend Payout %

0.00%

Mar 2016

Mar 2017

Mar 2018

Equity Capital

-12

-10

-7

199

206

246

Trade Payables

Total Liabilities

314

319

358

Capital Work in Progress

206

237

262

Cash & Bank

Total Assets

314

319

358

Mar 2016

Mar 2017

Mar 2018

-3

Cash from Investing

-28

-31

-32

Cash from Financing

-2

-0

Mar 2016

Mar 2017

Mar 2018

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

44.16

FIIs

0.00

1.32

Government

0.00

54.52

Nova Iron & Steel Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

Nova Iron & Steel Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI