What is Bihar Sponge Iron Ltd (BIHARSPONG) share price return in the past 10 years?

Bihar Sponge Iron Ltd share price has appreciated 19.4% annually (CAGR) over the past ten years.

What is the share price of Bihar Sponge Iron Ltd (BIHARSPONG)?

Company share prices are keep on changing according to the market conditions. The current trading price of Bihar Sponge Iron Ltd (BIHARSPONG) on 05-Jun-2026 09:53:00 at 09:53 is 13.54.

What is the P/E ratio of Bihar Sponge Iron?

The latest standalone P/E ratio of Bihar Sponge Iron as of 05-Jun-2026 is 10.86.

What is the P/B ratio of Bihar Sponge Iron Ltd (BIHARSPONG)?

The latest standalone P/B ratio of Bihar Sponge Iron Ltd (BIHARSPONG) as of 05-Jun-2026 is -1.49.

What is the 52-week high and low of Bihar Sponge Iron Ltd (BIHARSPONG)?

The 52-week high of Bihar Sponge Iron Ltd (BIHARSPONG) is Rs. 19.65 and the 52-week low is Rs. 9.15.

Bihar Sponge Iron Ltd (BIHARSPONG) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Bihar Sponge Iron Ltd (BIHARSPONG)
Brand: Bihar Sponge Iron

Bihar Sponge Iron Ltd (BIHARSPONG)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500058 NSE: BIHARSPONG Steel/Sponge Iron/Pig Iron | Small Cap | Bihar Sponge Iron Share Price

Bihar Sponge Iron Ltd (BIHARSPONG)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500058 NSE: BIHARSPONG Steel/Sponge Iron/Pig Iron | Small Cap | Bihar Sponge Iron Share Price

Key Metrics

Valuation Multiples

Market Cap

₹123 Cr.

Current Price

₹13.5

52-Week Low / High

₹9 / 20

TTM EPS

₹1.3

TTM Sales

₹245 Cr.

Book Value per Share

₹-9.2

P/E Ratio

10.86

Lower than its 5-year historical median

Industry PE

35.6

Price to Book (P/B)

-1.49

Lower than its 5-year historical median

Price to Sales (P/S)

0.50

Higher than its 5-year historical median

EV/EBITDA

15.31

In line with its 5-year historical median

Dividend Yield

0.00%

Profitability Efficiency

Return on Equity (ROE)

0.00%

Underperforms industry median

Return on Capital Employed (ROCE)

0.00%

Underperforms industry median

Return on Assets (ROA)

6.62%

Operating Profit Margin

-4.8%

Net Profit Margin

3.25%

Gross Profit Margin

3.9%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Slowing versus 3-year growth rate

19.79%

Operating Profit Growth (1 Year)

Net Profit Growth (1 Year)

Improving versus 3-year growth rate

39.78%

Asset Quality

Promoter Holding

69.23%

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

52.05%

Reserves

₹-165 Cr.

Equity

₹90.2 Cr.

Face Value

₹10

All Time Low / High

₹0.33 / 61.00

Bihar Sponge Iron stock performance

Key Ratios

Check Before You Invest

Quality

Locked

Valuation

Locked

Price Trend

Locked

Q.1 Is Bihar Sponge Iron Ltd a good quality company?

Bihar Sponge Iron Ltd is a weak quality company, based on a inconsistent 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 Bihar Sponge Iron Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Bihar Sponge Iron Ltd vs industry peers?

Bihar Sponge Iron Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 7.65%, indicating slower growth and losing its market share.

Q.1 Promoter shareholding and pledge status of Bihar Sponge Iron Ltd?

Promoters hold 69.23% of the Bihar Sponge Iron Ltd, with 52.05% of their stake pledged, indicating high pledge risk.

Q.1 Valuation ratios of Bihar Sponge Iron Ltd vs historical?

The current P/E ratio of 8.74 is lower than its historical median of 11.86, indicating that the stock is trading below its historical average valuation.

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%	0%	0%	0%	0%	0%	0%	0%	0%	0%	-
Value Creation Index ⓘ	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	-
Growth Parameters ⓘ
Sales ⓘ	0	0	0	0	0	22.1	86.4	463	267	319	245
Sales YoY Gr.	-	-100%	NA	NA	NA	NA	291.1%	436.3%	-42.5%	19.8%	-
Adj EPS ⓘ	-0.7	-0.4	-0.1	0.1	-0.1	0.5	0.8	1.3	0.8	1.1	1.3
YoY Gr.	-	NA	NA	NA	-200%	NA	70.2%	66.3%	-37.6%	27.7%	-
BVPS (₹) ⓘ	-13.7	-14.2	-14.2	-14.2	-14.3	-14.6	-15.5	-14.7	-12.8	-10.4	-9.2
Adj Net Profit ⓘ	-5.9	-3.3	-0.5	0.8	-0.8	4.2	7.3	12	7.4	9.6	11
Cash Flow from Ops. ⓘ	-0.8	-2.8	0.4	-0.2	1	9.9	23.3	-15.5	19.2	8.2	-
Debt/CF from Ops. ⓘ	-120	-46.9	252	-534.5	96.8	8.9	3.8	-7	4.8	10	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	180.2%	NA	54.6%	19.8%
Adj EPS ⓘ	NA	NA	9.8%	27.7%
BVPSⓘ	NA	NA	NA	NA
Share Price	19.4%	15.2%	12.8%	2%

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 % ⓘ	7.4	3.9	0.5	-0.9	0.9	-4.9	-9.1	-17.4	-12.5	-18.9	-12.9
Op. Profit Mgn % ⓘ	-10547.7	0	0	0	0	24	3.5	3.1	-5.2	-4.9	-5
Net Profit Mgn % ⓘ	-16869.5	0	0	0	0	19.1	8.4	2.6	2.8	3	4.6
Debt to Equity ⓘ	-0.8	-1	-0.7	-0.7	-0.7	-0.7	-0.6	-0.8	-0.8	-0.9	-
Working Cap Days ⓘ	1,38,102	0	0	0	0	158	121	43	104	85	91
Cash Conv. Cycle ⓘ	67,487	0	0	0	0	-152	-79	-31	-24	-15	6

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	0	0	0	0	0	22	86	463	267	319
Operating Expenses ⓘ +	4	3	3	3	3	17	83	449	280	335
Manufacturing Costs	0	0	0	0	0	1	8	30	24	24
Material Costs	0	0	0	0	0	13	68	404	237	292
Employee Cost	2	2	2	2	2	2	2	2	2	2
Other Costs ⓘ	2	1	1	1	1	1	5	14	17	17
Operating Profit ⓘ	-4	-3	-3	-3	-3	5	3	14	-14	-15
Operating Profit Margin (%)	-10,547.7%	-	-	-	-	24.0%	3.5%	3.0%	-5.2%	-4.8%
Other Income ⓘ +	2	2	7	9	6	2	8	2	26	30
Exceptional Items ⓘ	0	1	1	-1	0	-0	0	0	0	0
Interest ⓘ	0	0	0	0	0	0	0	0	0	0
Depreciation ⓘ	4	4	4	4	3	3	3	4	4	4
Profit Before Tax ⓘ	-6	-4	-0	-0	-1	4	8	12	7	10
Tax ⓘ	0	0	0	0	0	0	0	0	0	0
Profit After Tax	-6	-4	-0	-0	-1	4	8	12	7	10
PAT Margin (%)	-16,869.5%	-	-	-	-	17.9%	9.6%	2.6%	2.8%	3.3%
Adjusted EPS (₹)	-0.7	-0.4	-0.0	-0.0	-0.1	0.4	0.9	1.4	0.8	1.2
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Valuation of Bihar Sponge Iron - 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 +	-83	-87	-87	-87	-88	-84	-75	-63	-56	-45
Share Capital ⓘ	90	90	90	90	90	90	90	90	90	90
Reserves ⓘ	-173	-177	-177	-177	-178	-174	-166	-153	-146	-136
Debt +	66	62	62	62	61	55	56	87	85	82
Long Term Debt	66	62	62	62	61	55	56	87	85	82
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	20	17	15	9	8	14	85	71	100	51
Others Liabilities ⓘ	83	81	78	78	77	79	78	69	53	43
Total Liabilities ⓘ	86	73	68	63	58	65	143	164	182	132
Fixed Assets
Net Fixed Assets ⓘ +	61	57	52	48	45	42	61	57	53	50
Gross Block	315	315	315	314	314	314	321	321	321	318
Accumulated Depreciation	254	258	262	266	269	272	259	263	268	269
CWIP ⓘ	3	3	3	3	3	3	0	2	3	5
Investments ⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	7	6	6	5	4	3	42	64	88	41
Trade Receivables	0	0	0	0	1	2	0	0	0	12
Cash Equivalents	7	1	1	1	1	1	3	3	4	2
Others Assets ⓘ	7	6	6	6	6	14	36	38	34	22
Total Assets ⓘ	86	73	68	63	58	65	143	164	182	132

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 ⓘ +	-1	-3	0	-0	1	10	23	-16	19	8
PBT ⓘ	-6	-4	-0	-0	-1	4	8	12	7	10
Adjustment ⓘ	4	3	2	1	2	4	2	14	14	12
Changes in Working Capital ⓘ	1	-2	-1	-1	0	2	14	-41	-2	-14
Tax Paid ⓘ	-0	0	-0	-0	-0	-0	-0	-1	-0	-1
Cash Flow From Investing Activity ⓘ +	1	1	0	0	0	-0	-18	-2	-2	-0
Capex	-0	-0	0	0	0	-0	-18	-2	-2	-1
Net Investments	0	0	0	0	0	0	0	0	0	0
Others ⓘ	1	1	0	0	0	0	0	0	0	0
Cash Flow From Financing Activity ⓘ +	-3	-4	-0	0	-1	-9	-2	17	-17	-9
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	-1	-5	1	20	-2	-3
Interest Paid ⓘ	-0	-0	-0	-0	-0	-4	-3	-3	0	0
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-3	-4	0	0	0	0	0	0	-15	-6
Net Cash Flow ⓘ	-3	-6	0	0	-0	0	2	-1	1	-1

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 (%)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
ROCE (%)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Asset Turnover Ratio	0	0	0	0	0	0.42	0.98	3.56	1.81	2.33
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	N/A	2.5	2.88	-1.33	2.71	0.8
Working Capital Days
Receivable Days	0	0	0	0	0	21	4.40	0	0	6
Inventory Days	0	0	0	0	0	46.40	81.30	35.60	88.80	64.20
Payable Days	0	0	0	0	0	313.90	266.30	69.70	130.10	94.70

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

52.05

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

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Bihar Sponge Iron Ltd FAQs

The current trading price of Bihar Sponge Iron on 05-Jun-2026 09:53 is ₹13.54.

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 04-Jun-2026 the market cap of Bihar Sponge Iron stood at ₹123.0 Cr

The latest P/E ratio of Bihar Sponge Iron as of 04-Jun-2026 is 10.86.

The latest P/B ratio of Bihar Sponge Iron as of 04-Jun-2026 is -1.49.

The 52-week high of Bihar Sponge Iron is ₹19.65 and the 52-week low is ₹9.15.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bihar Sponge Iron is ₹245 ( Cr.) .

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

The key valuation ratios of Bihar Sponge Iron Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

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

About Bihar Sponge Iron Ltd

Bihar Sponge Iron (BSIL) was incorporated on April 16, 1982. It is an Indo German venture of Modi Industries, and associates along with the Bihar State Industrial Development Corporation as Indian promoters, where as Lurgi GmbH of Frankfurt, Federal Republic of Germany and DEG-Cologne, Federal Rederal Republic of Germany as foreign promoters.

Commercial production of the company commenced in July 1989 at its sponge iron manufacturing facility at Chandil, district Singbhum in Bihar. The implementation of this massive project started in June 1986 and was completed in record time with the starting of commercial production in 1989.

Sponge Iron is used as a raw material for making steel in electric arc furnaces and induction furnaces, substituting and supplementing indigenous and imported scrap.

Modi Group is one of the select business houses in the country which has and continues to build collaborations with leading multinationals in a diverse range of activities. Whether it is sugar or rubber, tough steel or delicate threads, hi-tech computers or life saving medicines.

The Companyâ€™s principal activity is to manufacture and market sponge iron. The sponge iron is used by secondary steel producers for producing long products for meeting the demand of the construction and infrastructure sectors. Primary steel producers also use sponge iron to improve productivity and reduce the coke consumption.

BSIL is the first commercial sponge iron plant in India and is also recognised as the most efficient coal-based plant in India. The plant is located at Umesh Nagar, Chandil, in district Singhbhum, which is 30 kms from Jamshedpur. Chandil is a known backward tribal area in the state of Bihar, where the unit produces Sponge Iron from indigenous iron ore and non-coking coal available abundantly in the vicinity.

Recent development

Board for Industrial and Financial Reconstruction (BIFR) vide letter dated April 30, 2009 has withdrawn the nomination of Rishabh Jain from the Board of Directors of the Company.

Bihar Sponge Iron Ltd (BIHARSPONG)

Bihar Sponge Iron Ltd (BIHARSPONG)

Bihar Sponge Iron stock performance

Check Before You Invest

Quality

Valuation

Price Trend

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 Bihar Sponge Iron - 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

Bihar Sponge Iron Ltd FAQs

About Bihar Sponge Iron Ltd

About MoneyWorks4Me

Our Vision

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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Bihar Sponge Iron Ltd (BIHARSPONG)

Bihar Sponge Iron Ltd (BIHARSPONG)

Bihar Sponge Iron stock performance

Check Before You Invest

Quality

Valuation

Price Trend

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 Bihar Sponge Iron - 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

Bihar Sponge Iron Ltd FAQs

What is the share price of Bihar Sponge Iron?

What is the market cap of Bihar Sponge Iron?

What is the P/E ratio of Bihar Sponge Iron?

What is the P/B ratio of Bihar Sponge Iron?

What is the 52-week high and low of Bihar Sponge Iron?

What is the TTM revenue of Bihar Sponge Iron?

Is Bihar Sponge Iron Ltd a good quality company?

Is Bihar Sponge Iron Ltd undervalued or overvalued?

Is Bihar Sponge Iron Ltd a good buy now?

About Bihar Sponge Iron Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

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