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

Nova Iron & Steel Ltd share price has appreciated 6.7% 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 02-Jul-2026 16:59:59 at 16:59 is 13.42.

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

The latest standalone P/E ratio of Nova Iron & Steel as of 02-Jul-2026 is 0.33.

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 02-Jul-2026 is -2.21.

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 BSE: 513566 NSE: NOVAIRNSTL Steel & Iron Products | Small Cap | Nova Iron & Steel Share Price

Nova Iron & Steel Ltd (NOVAIRNSTL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 513566 NSE: NOVAIRNSTL Steel & Iron Products | Small Cap | Nova Iron & Steel Share Price

Key Metrics

Valuation Multiples

Market Cap

₹49 Cr.

Current Price

₹13.4

52-Week Low / High

₹11 / 17

TTM EPS

₹40.8

TTM Sales

₹426 Cr.

Book Value per Share

₹-6.1

P/E Ratio

0.33

Industry PE

24.3

Price to Book (P/B)

-2.21

Lower than its 5-year historical median

Price to Sales (P/S)

0.11

In line with its 5-year historical median

EV/EBITDA

254.41

Higher than its 5-year historical median

Dividend Yield

Profitability Efficiency

Return on Equity (ROE)

0.00%

Underperforms industry median

Return on Capital Employed (ROCE)

63.82%

Outperforms industry median

Return on Assets (ROA)

50.02%

Operating Profit Margin

2.4%

Net Profit Margin

35.69%

Gross Profit Margin

0.3%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Slowing versus 3-year growth rate

-26.05%

Operating Profit Growth (1 Year)

Improving versus 3-year growth rate

261.33%

Net Profit Growth (1 Year)

Asset Quality

Promoter Holding

44.16%

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

0.00%

Reserves

₹-58 Cr.

Equity

₹36.1 Cr.

Face Value

₹10

All Time Low / High

₹2.05 / 50.05

Nova Iron & Steel stock performance

Key Ratios

Check Before You Invest

M-Cap below 100cr DeciZen not available

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

Nova Iron & Steel Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does Nova Iron & Steel Ltd performance compare with that of its Peers?

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 7.56%, indicating faster growth and gaining its market share.

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

Over the last 9 year(s), the stock has delivered a CAGR of 7.4% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

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

Value Creation ⓘ

	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 ⓘ
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 ⓘ

	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	6.7%	-4.3%	-2.2%	-7.1%

Key Financial Parameters ⓘ

	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

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%

Valuation of Nova Iron & Steel - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

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

Financial 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	0.10	0.70	80.30	582.70	20.50	3.30	1.20	0.40	6.90	14.10
Inventory Days	447.90	110.70	92.90	2,221.50	164	40	56.70	51.70	31.90	18.80
Payable Days	496.60	91.30	747.90	0	325.80	133.50	90.40	67.30	52.60	52.60

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Nova Iron & Steel Ltd FAQs

The current trading price of Nova Iron & Steel on 02-Jul-2026 16:59 is ₹13.42.

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 01-Jul-2026 the market cap of Nova Iron & Steel stood at ₹48.50 Cr

The latest P/E ratio of Nova Iron & Steel as of 01-Jul-2026 is 0.33.

The latest P/B ratio of Nova Iron & Steel as of 01-Jul-2026 is -2.21.

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.) .

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

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.

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.

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.

Nova Iron & Steel Ltd (NOVAIRNSTL)

Nova Iron & Steel Ltd (NOVAIRNSTL)

Nova Iron & Steel stock performance

Check Before You Invest

M-Cap below 100cr DeciZen not available

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Nova Iron & Steel - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Nova Iron & Steel Ltd FAQs

About Nova Iron & Steel Ltd

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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)

Nova Iron & Steel Ltd (NOVAIRNSTL)

Nova Iron & Steel stock performance

Check Before You Invest

M-Cap below 100cr DeciZen not available

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Nova Iron & Steel - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Nova Iron & Steel Ltd FAQs

What is the share price of Nova Iron & Steel?

What is the market cap of Nova Iron & Steel?

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

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

What is the 52-week high and low of Nova Iron & Steel?

What is the TTM revenue of Nova Iron & Steel?

Is Nova Iron & Steel Ltd a good quality company?

Is Nova Iron & Steel Ltd undervalued or overvalued?

Is Nova Iron & Steel Ltd a good buy now?

About Nova Iron & Steel Ltd

Create stable, long-term investment portfolio with strong, consistent stocks.

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.