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- Indian - steel
- INDIAN BRIGHT - NOVA IRON & STEEL
INDIAN BRIGHT vs NOVA IRON & STEEL - Comparison Results
Current Valuations
| INDIAN BRIGHT | NOVA IRON & STEEL | INDIAN BRIGHT/ NOVA IRON & STEEL |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | -3,471.9 | -1.0 | - | View Chart |
| P/BV | x | 13.4 | - | - | View Chart |
| Dividend Yield | % | 0.0 | 0.0 | - |
Financials
 INDIAN BRIGHT  NOVA IRON & STEEL |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| INDIAN BRIGHT Mar-24 |
NOVA IRON & STEEL Mar-24 |
INDIAN BRIGHT/ NOVA IRON & STEEL |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 153 | 40 | 385.1% | |
| Low | Rs | 18 | 8 | 227.6% | |
| Sales per share (Unadj.) | Rs | 0 | 156.0 | 0.0% | |
| Earnings per share (Unadj.) | Rs | -0.5 | -26.0 | 1.9% | |
| Cash flow per share (Unadj.) | Rs | -0.5 | -13.5 | 3.7% | |
| Dividends per share (Unadj.) | Rs | 0 | 0 | - | |
| Avg Dividend yield | % | 0 | 0 | - | |
| Book value per share (Unadj.) | Rs | 14.9 | -43.0 | -34.6% | |
| Shares outstanding (eoy) | m | 24.13 | 36.14 | 66.8% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 0 | 0.2 | - | |
| Avg P/E ratio | x | -170.0 | -0.9 | 18,544.2% | |
| P/CF ratio (eoy) | x | -170.0 | -1.8 | 9,621.5% | |
| Price / Book Value ratio | x | 5.7 | -0.6 | -1,038.5% | |
| Dividend payout | % | 0 | 0 | - | |
| Avg Mkt Cap | Rs m | 2,061 | 860 | 239.6% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 1 | 120 | 0.7% | |
| Avg. sales/employee | Rs Th | 0 | 0 | - | |
| Avg. wages/employee | Rs Th | 0 | 0 | - | |
| Avg. net profit/employee | Rs Th | 0 | 0 | - | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 0 | 5,638 | 0.0% | |
| Other income | Rs m | 0 | 52 | 0.1% | |
| Total revenues | Rs m | 0 | 5,690 | 0.0% | |
| Gross profit | Rs m | -12 | -629 | 1.9% | |
| Depreciation | Rs m | 0 | 451 | 0.0% | |
| Interest | Rs m | 0 | 246 | 0.0% | |
| Profit before tax | Rs m | -12 | -1,275 | 1.0% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 0 | -337 | -0.0% | |
| Profit after tax | Rs m | -12 | -938 | 1.3% | |
| Gross profit margin | % | 0 | -11.2 | - | |
| Effective tax rate | % | 0 | 26.4 | -0.0% | |
| Net profit margin | % | 0 | -16.6 | - | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 429 | 765 | 56.1% | |
| Current liabilities | Rs m | 1 | 1,271 | 0.0% | |
| Net working cap to sales | % | 0 | -9.0 | - | |
| Current ratio | x | 681.4 | 0.6 | 113,179.0% | |
| Inventory Days | Days | 0 | 12 | - | |
| Debtors Days | Days | 0 | 133 | - | |
| Net fixed assets | Rs m | 0 | 2,190 | 0.0% | |
| Share capital | Rs m | 241 | 361 | 66.8% | |
| "Free" reserves | Rs m | 117 | -1,916 | -6.1% | |
| Net worth | Rs m | 359 | -1,554 | -23.1% | |
| Long term debt | Rs m | 0 | 3,188 | 0.0% | |
| Total assets | Rs m | 429 | 2,955 | 14.5% | |
| Interest coverage | x | -1,211.0 | -4.2 | 28,973.3% | |
| Debt to equity ratio | x | 0 | -2.1 | -0.0% | |
| Sales to assets ratio | x | 0 | 1.9 | 0.0% | |
| Return on assets | % | -2.8 | -23.4 | 12.0% | |
| Return on equity | % | -3.4 | 60.3 | -5.6% | |
| Return on capital | % | -3.4 | -63.0 | 5.4% | |
| Exports to sales | % | 0 | 0 | - | |
| Imports to sales | % | 0 | 0 | - | |
| Exports (fob) | Rs m | NA | NA | - | |
| Imports (cif) | Rs m | NA | NA | - | |
| Fx inflow | Rs m | 0 | 6 | 0.0% | |
| Fx outflow | Rs m | 0 | 0 | - | |
| Net fx | Rs m | 0 | 6 | 0.0% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | -13 | -105 | 12.1% | |
| From Investments | Rs m | NA | -314 | -0.0% | |
| From Financial Activity | Rs m | 440 | 437 | 100.8% | |
| Net Cashflow | Rs m | 427 | 18 | 2,391.8% | |
Share Holding
| Indian Promoters | % | 1.2 | 44.2 | 2.7% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 70.4 | 1.3 | 5,331.8% | |
| FIIs | % | 70.4 | 0.0 | - | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 98.8 | 55.8 | 176.9% | |
| Shareholders | 1,901 | 155,715 | 1.2% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare INDIAN BRIGHT With: TATA STEEL JSW STEEL RATNAMANI METALS VENUS PIPES & TUBES SHANKARA BUILDING PRODUCTS
More on I BRIGHT ST vs NOVA IRON & STEEL
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
I BRIGHT ST vs NOVA IRON & STEEL Share Price Performance
| Period | I BRIGHT ST | NOVA IRON & STEEL | S&P BSE METAL |
|---|---|---|---|
| 1-Day | -0.24% | 1.63% | 1.65% |
| 1-Month | 0.46% | -13.80% | -4.64% |
| 1-Year | 579.19% | -7.06% | 27.85% |
| 3-Year CAGR | 96.90% | 24.93% | 16.54% |
| 5-Year CAGR | 54.56% | 43.97% | 26.37% |
* Compound Annual Growth Rate
Here are more details on the I BRIGHT ST share price and the NOVA IRON & STEEL share price.
Moving on to shareholding structures...
The promoters of I BRIGHT ST hold a 1.2% stake in the company. In case of NOVA IRON & STEEL the stake stands at 44.2%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of I BRIGHT ST and the shareholding pattern of NOVA IRON & STEEL.
Finally, a word on dividends...
In the most recent financial year, I BRIGHT ST paid a dividend of Rs 0.0 per share. This amounted to a Dividend Payout ratio of -0.0%.
NOVA IRON & STEEL paid Rs 0.0, and its dividend payout ratio stood at -0.0%.
You may visit here to review the dividend history of I BRIGHT ST, and the dividend history of NOVA IRON & STEEL.
For a sector overview, read our steel sector report.
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