Nova Iron & Steel Ltd Stock Analysis

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

BSE Share Price 27-Jun-2022 18:01
7.50 0.00 (0.00%)

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Nova Iron & Steel Price Chart

P/E Ratio ( SA) :
Market Cap :
27.1 Cr.
52-wk low :
52-wk high :
Bole Toh?

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

Data is not available for this 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 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 of Nova Iron & Steel:

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Value Creation Index Colour Code Guide

ROCE % 0.3%12.7%-1.2%-0.8%3.3%2.9%-0.6%-15%-3.9%0.9%-
Value Creation Index -1.0-0.1-1.1-1.1-0.8-0.8-1.0NANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 12153.29.115.653.319.63.652.2345605670
YoY Gr. Rt. %--56.2%-82.9%70.9%241.7%-63.2%-81.6%1,346.3%560.4%75.6%-
Adj EPS -1.31.9-1.7-
YoY Gr. Rt. %-NA-188.1%NANA-12.5%-196.8%NANANA-
BVPS (₹)
Adj Net Profit -4.87-6.1-
Cash Flow from Ops. 34.8860.612.733.3-2.9-48.39.2183.4-
Debt/CF from Ops. 2.20.9314.315.26-81.5-735.817.397-


CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 19.5%62.6%451.5%75.6%
BVPS -208.4-213-217.20
Share Price -1.6% -3% 35.7% -37.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Return on Equity % -18.425.7-20.7-22.310.48.2-7.4-1277.743.136.825.5
Op. Profit Mgn % 4.534.9-5.26.719.643.3-92.9-
Net Profit Mgn % -3.913.1-67.2-37.54.911.6-61-97.3-3.5-2.5-1.9
Debt to Equity 3.32.668.
Working Cap Days 1271859997811984656,028435798683
Cash Conv. Cycle 64-29-50115542-352,200-56-68-200

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 75.10%

Sales growth is growing at healthy rate in last 3 years 160.04%

Sales growth is good in last 4 quarters at 46.03%

Net Profit has been subdued in last 3 years -273.67%

Latest Financials - Nova Iron & Steel Ltd.

Standalone Consolidated
TTM EPS (₹) -3.4 0.6
TTM Sales (₹ Cr.) 670 19.6
BVPS (₹.) -13.4 0
Reserves (₹ Cr.) -85 -7
P/BV -0.56 0.00
PE 0.00 11.90
From the Market
52 Week Low / High (₹) 7.50 / 13.16
All Time Low / High (₹) 2.05 / 50.05
Market Cap (₹ Cr.) 27.1
Equity (₹ Cr.) 36.1
Face Value (₹) 10
Industry PE 10.5

Management X-Ray of Nova Iron & Steel :

Shareholding Pattern

Promoter's Holding & Share Pledging

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

Event Update

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Analyst's Notes

Key Ratios of Nova Iron & Steel

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)


Nova Iron & Steel Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Nova Iron & Steel on 27-Jun-2022 18:01 is : 7.50.
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 27-Jun-2022 18:01 the market cap of Nova Iron & Steel stood at ₹ 27.10.
The latest PE ratio of Nova Iron & Steel as of 27-Jun-2022 18:01 is 0.00.
The latest PB ratio of Nova Iron & Steel as of 27-Jun-2022 18:01 is -0.56
The 52-week high of Nova Iron & Steel is ₹ 13.16 and the 52-week low is ₹ 7.50.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Nova Iron & Steel is ₹ 669.7 ( 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 company’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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