What is Nova Iron & Steel Ltd (NOVAIRNSTL) share price return in the past 10 years?

Nova Iron & Steel Ltd share price has appreciated 6.4% annually (CAGR) over the past ten years.

What is the share price of Nova Iron & Steel Ltd (NOVAIRNSTL)?

Company share prices are keep on changing according to the market conditions. The current trading price of Nova Iron & Steel Ltd (NOVAIRNSTL) on 21-Apr-2026 10:07:00 at 10:07 is 12.50.

What is the P/E ratio of Nova Iron & Steel?

The latest standalone P/E ratio of Nova Iron & Steel as of 21-Apr-2026 is 0.30.

What is the P/B ratio of Nova Iron & Steel Ltd (NOVAIRNSTL)?

The latest standalone P/B ratio of Nova Iron & Steel Ltd (NOVAIRNSTL) as of 21-Apr-2026 is -1.99.

What is the 52-week high and low of Nova Iron & Steel Ltd (NOVAIRNSTL)?

The 52-week high of Nova Iron & Steel Ltd (NOVAIRNSTL) is Rs. 16.89 and the 52-week low is Rs. 10.54.

Nova Iron & Steel Ltd (NOVAIRNSTL) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Nova Iron & Steel Ltd (NOVAIRNSTL)
Brand: Nova Iron & Steel

Nova Iron & Steel Ltd (NOVAIRNSTL) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Nova Iron & Steel Ltd (NOVAIRNSTL)

BSE: 513566 NSE: NOVAIRNSTL

Key Metrics

Market Cap

₹44 Cr.

P/E Ratio

0.30

Price to Book (P/B)

-1.99

Price to Sales (P/S)

0.10

EV/EBITDA

247.98

Return on Capital Employed (ROCE)

63.82%

Current Price

₹12.5

Return on Equity (ROE)

0.00%

Return on Assets (ROA)

50.02%

Operating Profit Margin

2.4%

Net Profit Margin

35.69%

Gross Profit Margin

0.3%

Book Value per Share

₹-6.1

Sales Growth (YoY)

-26.05%

Sales Growth (3 Years)

-11.69%

Operating Profit Growth (1 Year)

261.33%

Operating Profit Growth (3 Years)

-16.2%

Net Profit Growth (1 Year)

NA%

52-Week Low / High

₹11 / 17

Net Profit Growth (3 Years)

N/A%

Dividend Yield

0.00%

Promoter Holding

44.16%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Revenue growth of Nova Iron & Steel Ltd?

Nova Iron & Steel Ltd revenue growth is -26.1% for FY-2025 , which is below its 5 year CAGR of 51.5% , indicating slower growth.

Q.1 Promoter shareholding and pledge status of Nova Iron & Steel Ltd?

Promoters hold 44.16% of the Nova Iron & Steel Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Nova Iron & Steel Ltd vs industry peers?

Nova Iron & Steel Ltd revenue CAGR is 51.52% , compared to the industry median CAGR of 7.41% , indicating faster growth and gaining its market share.

Q.1 Which industry/sub-sector does Nova Iron & Steel Ltd belong to?

Nova Iron & Steel Ltd belongs to the Metals & Mining sector, operating specifically within the Steel & Iron Products segment.

Q.1 Stock return of Nova Iron & Steel Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 6.2% based on the current price.

DeciZen - make an informed investing decision on Nova Iron & Steel

Based on:

Data

M-Cap below 100cr DeciZen not available

Nova Iron & Steel stock performance

Key Ratios

Is Nova Iron & Steel Ltd an attractive stock to invest in?

1. Is Nova Iron & Steel Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Nova Iron & Steel Ltd is a below average quality company.

2. Is Nova Iron & Steel Ltd undervalued or overvalued?

The key valuation ratios of Nova Iron & Steel Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Nova Iron & Steel Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Nova Iron & Steel Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray :

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	0.9%	4.2%	3.7%	0.3%	-12.2%	2%	5.1%	7.4%	-40%	63.8%	-
Value Creation Index ⓘ	-0.9	-0.7	-0.7	-1.0	NA	NA	NA	NA	NA	3.6	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	15.6	53.3	19.6	3.6	52.2	345	605	698	564	417	426
Sales YoY Gr.	-	241.7%	-63.2%	-81.6%	1,346.3%	560.4%	75.6%	15.3%	-19.2%	-26.1%	-
Adj EPS ⓘ	-1.6	0.7	0.6	-0.6	-14.1	-3.3	-4.2	-0.8	-13.3	10.7	40.8
YoY Gr.	-	NA	-12.5%	-196.8%	NA	NA	NA	NA	NA	NA	-
BVPS (₹) ⓘ	6.6	7.3	8.2	8.3	-6.1	-9.2	-13.4	-14.6	-44.3	-3.1	-6.1
Adj Net Profit ⓘ	-5.9	2.6	2.3	-2.2	-50.8	-11.9	-15	-2.8	-48	38.6	147
Cash Flow from Ops. ⓘ	12.7	33.3	-2.9	-48.3	9.2	18	3.4	18.3	-10.5	35.7	-
Debt/CF from Ops. ⓘ	15.2	6	-81.5	-7	35.8	17.3	97	18.1	-38	6.9	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	44.1%	51.5%	-11.7%	-26.1%
Adj EPS ⓘ	NA	NA	NA	NA
BVPSⓘ	-192.1%	NA	NA	NA
Share Price	6.4%	6.5%	14.5%	-12.7%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	-22.3	10.4	8.2	-7.4	-1277.7	43.1	36.8	5.4	45.1	-45.1	-885.9
Op. Profit Mgn % ⓘ	6.7	19.6	43.3	-92.9	-68.8	2.3	2.6	3.7	0.5	2.4	-0.1
Net Profit Mgn % ⓘ	-37.5	4.9	11.6	-61	-97.3	-3.5	-2.5	-0.4	-8.5	9.3	34.6
Debt to Equity ⓘ	8.1	7.5	8.1	11.2	-14.8	-9.4	-6.8	-6.3	-2.5	-21.9	-
Working Cap Days ⓘ	781	198	465	6,028	435	79	86	80	72	73	28
Cash Conv. Cycle ⓘ	155	42	-35	2,200	-56	-68	-20	-5	0	-5	-40

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -11.69%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -5.99%

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	40.8	0.6
TTM Sales (₹ Cr.)	426	19.6
BVPS (₹) ⓘ	-6.1	0
Reserves (₹ Cr.) ⓘ	-58	-7
P/BV ⓘ	-1.99	0.00
PE ⓘ	0.30	19.13

From the Market
52 Week Low / High (₹)	10.54 / 16.89
All Time Low / High (₹)	2.05 / 50.05
Market Cap (₹ Cr.)	43.6
Equity (₹ Cr.)	36.1
Face Value (₹)	10
Industry PE ⓘ	26.9

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Nova Iron & Steel - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	15.59	53.27	19.61	3.61	52.21	344.81	605.40	698.09	563.80	416.91
Operating Expenses ⓘ +	14.58	42.89	11.12	6.96	89.14	337.03	589.68	672.48	561.23	407.66
Manufacturing Costs	1.91	6.52	3.12	2.48	23.78	31.77	68.87	84.55	97.05	76.32
Material Costs	11.95	37.91	2.40	0.18	56.05	293.05	509.98	575.67	437.77	303.95
Employee Cost	2.49	4.19	4.46	2.99	7.04	6.70	7.15	8.35	12.01	17.13
Other Costs ⓘ	-1.78	-5.73	1.14	1.31	2.28	5.50	3.68	3.90	14.40	10.26
Operating Profit ⓘ	1.02	10.38	8.48	-3.35	-36.93	7.78	15.72	25.61	2.56	9.25
Operating Profit Margin (%)	6.5%	19.5%	43.3%	-92.9%	-70.7%	2.3%	2.6%	3.7%	0.5%	2.2%
Other Income ⓘ +	0.12	0.16	1.59	1.66	3.03	6.69	8.43	4.13	5.17	2.94
Exceptional Items ⓘ	2.03	0	0	3.64	0	0	0	0.87	-65.45	158.08
Interest ⓘ	6.02	6.67	6.79	0.37	0.20	0.59	24.96	17.30	24.61	11.05
Depreciation ⓘ	1.33	1.19	1.02	0.91	7.33	8.71	9.93	9.91	45.13	19.47
Profit Before Tax ⓘ	-4.18	2.68	2.27	0.67	-41.42	5.18	-10.74	3.41	-127.46	139.74
Tax ⓘ	0.26	0.12	-0.01	0.05	10.11	17.09	4.04	5.20	-33.66	-9.05
Profit After Tax	-4.45	2.57	2.28	0.62	-51.54	-11.91	-14.78	-1.79	-93.80	148.79
PAT Margin (%)	-28.5%	4.8%	11.6%	17.2%	-98.7%	-3.5%	-2.4%	-0.3%	-16.6%	35.7%
Adjusted EPS (₹)	-1.2	0.7	0.6	0.2	-14.3	-3.3	-4.1	-0.5	-26.0	41.2
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	23.83	26.40	29.47	30.16	-22.20	-33.09	-48.57	-52.68	-160.24	-11.30
Share Capital ⓘ	36.14	36.14	36.14	36.14	36.14	36.14	36.14	36.14	36.14	36.14
Reserves ⓘ	-12.31	-9.74	-6.67	-5.98	-58.34	-69.23	-84.71	-88.82	-196.38	-47.44
Debt +	192.88	197.80	239.37	338.30	329.32	311.48	331.88	312.71	363.42	210.30
Long Term Debt	0	0	0	0	0	0	162.29	312.71	318.77	152.21
Short Term Debt	192.88	197.80	239.37	338.30	329.32	311.48	169.59	0	44.64	58.09
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	13.43	5.53	4.29	15.35	84.71	129.58	122.93	89.34	36.89	50.62
Others Liabilities ⓘ	84.18	89.20	84.54	81.54	27.39	80.25	131.68	149.55	55.40	49.82
Total Liabilities ⓘ	314.31	318.92	357.66	465.35	419.21	488.22	537.92	498.92	295.47	299.44
Fixed Assets
Net Fixed Assets ⓘ +	64.10	62.93	61.92	61.07	380.22	371.92	360.92	361	175.52	143.44
Gross Block	276.75	276.76	276.76	276.82	603.30	603.71	602.65	612.63	619.02	606.41
Accumulated Depreciation	212.64	213.83	214.85	215.75	223.08	231.80	241.73	251.64	443.49	462.97
CWIP ⓘ	206.14	237.06	262.10	315.41	0	0	0	0	25.62	74.16
Investments ⓘ	0.28	0.28	1.44	1.44	1.44	3.16	3.16	2.74	2.62	2.90
Inventories	28.29	6.14	3.87	40.03	6.89	68.67	119.24	78.57	20.01	22.84
Trade Receivables	0	0.23	8.43	3.09	2.78	3.36	0.63	0.81	20.61	11.61
Cash Equivalents	0.41	0.55	0.15	0.36	0.09	1.10	1.56	0.95	2.74	1.02
Others Assets ⓘ	15.09	11.74	19.75	43.95	27.79	40.01	52.40	54.84	48.35	43.47
Total Assets ⓘ	314.31	318.92	357.66	465.35	419.21	488.22	537.92	498.92	295.47	299.44

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	12.72	33.26	-2.94	-48.30	9.19	18.04	3.42	18.25	-10.45	35.68
PBT ⓘ	-4.18	2.68	2.27	0.67	-41.42	5.14	-10.74	3.41	-127.46	139.74
Adjustment ⓘ	7.31	7.79	7.76	1.31	7.11	8.22	33.84	25.07	125.79	-129.85
Changes in Working Capital ⓘ	9.59	22.79	-12.97	-50.27	43.65	5.15	-19.48	-10.33	-6.75	23.81
Tax Paid ⓘ	0	0	0	0	-0.15	-0.47	-0.20	0.10	-2.04	1.97
Cash Flow From Investing Activity ⓘ +	-27.92	-31.37	-32.26	-50.08	-3.82	-0.40	0.65	-1.32	-31.43	-36.39
Capex	-3.70	-0.02	-0	-0.06	-11.06	-0.42	-0.01	-8.95	-36.33	-35.29
Net Investments	0.03	-0.50	0	0	-0.06	-0.03	-0.32	0	0.13	0
Others ⓘ	-24.25	-30.86	-32.25	-50.02	7.30	0.05	0.99	7.63	4.77	-1.10
Cash Flow From Financing Activity ⓘ +	15.22	-1.74	34.79	98.58	-5.67	-16.81	-3.90	-17.04	43.66	-1.01
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	-16.96	0	0
Interest Paid ⓘ	-6.01	-6.66	-6.78	-0.35	-0.02	0.51	-24	0	-0.50	-0.84
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	21.23	4.92	41.57	98.93	-5.65	-17.32	20.09	-0.08	44.16	-0.17
Net Cash Flow ⓘ	0.02	0.15	-0.40	0.21	-0.29	0.83	0.17	-0.12	1.79	-1.72

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	-16.96	10.22	8.16	2.09	N/A	N/A	N/A	N/A	N/A	N/A
ROCE (%)	0.88	4.24	3.67	0.33	N/A	N/A	N/A	N/A	N/A	N/A
Asset Turnover Ratio	0.06	0.18	0.06	0.01	0.12	0.76	1.18	1.35	1.42	1.4
PAT to CFO Conversion(x)	N/A	12.94	-1.29	-77.9	N/A	N/A	N/A	N/A	N/A	0.24
Working Capital Days
Receivable Days	0	1	80	583	21	3	1	0	7	14
Inventory Days	448	111	93	2,221	164	40	57	52	32	19
Payable Days	497	91	748	0	326	133	90	67	53	53

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Nova Iron & Steel Ltd FAQs

The current trading price of Nova Iron & Steel on 21-Apr-2026 10:07 is ₹12.50.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Apr-2026 the market cap of Nova Iron & Steel stood at ₹43.58 Cr

The latest P/E ratio of Nova Iron & Steel as of 20-Apr-2026 is 0.30.

The latest P/B ratio of Nova Iron & Steel as of 20-Apr-2026 is -1.99.

The 52-week high of Nova Iron & Steel is ₹16.89 and the 52-week low is ₹10.54.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Nova Iron & Steel is ₹426 ( Cr.) .

About Nova Iron & Steel Ltd

Nova Iron & Steel was incorporated in the year 1989. The company is promoted by Nova Magnetics, Nova Electro-Magnetics and Nova Steels, all belonging to R.K. Gambhir and G. K. Gambhir of the Nova RG group. The registered office is at Dagori village, Belha tehsil, Bilaspur - 495224, Chattisgarh.

The company engages in the manufacture and sale of sponge iron in India. The company also provides product separation, screening, and storage facilities. During the year 1993-94, the company came out with a public issue of 5, 27, 00,000 equity shares of Rs 10 each for cash to part finance their sponge iron project at Bilaspur, Madhya Pradesh. In July 15, 1994, the company inaugurated the sponge iron plant at Bilaspur. In September 26, 1994, they started trial production.

The company entered into agreement with Nova Steels (India) for the supply of entire production of sponge iron. During the year 1994-95, the company started selling their products in the market. The companyâ€™s project is one of the initial coal-based Sponge Iron Projects in India with the Technical knowhow from Lurgi Chemie MetaHurgie Industriebau GmbH, Germany. The company was declared a sick industrial unit by the Board for Industrial and Financial Reconstruction (BIFR) vide its order dated June 23, 1998 and continues to be registered with BIFR.

The entire one-time settlement amount has been paid off, and there are no secured loans and thus no interest burden now. The company has started generating profits and the management is focusing on an expansion plan.

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Nova Iron & Steel Ltd (NOVAIRNSTL) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Nova Iron & Steel Share Price