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- Indian - steel
- NOVA IRON & STEEL - JSW STEEL
NOVA IRON & STEEL vs JSW STEEL - Comparison Results
Current Valuations
| NOVA IRON & STEEL | JSW STEEL | NOVA IRON & STEEL/ JSW STEEL |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | -1.0 | 44.6 | - | View Chart |
| P/BV | x | - | 3.0 | - | View Chart |
| Dividend Yield | % | 0.0 | 0.8 | - |
Financials
 NOVA IRON & STEEL  JSW STEEL |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| NOVA IRON & STEEL Mar-24 |
JSW STEEL Mar-24 |
NOVA IRON & STEEL/ JSW STEEL |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 40 | 896 | 4.4% | |
| Low | Rs | 8 | 675 | 1.2% | |
| Sales per share (Unadj.) | Rs | 156.0 | 718.3 | 21.7% | |
| Earnings per share (Unadj.) | Rs | -26.0 | 36.8 | -70.5% | |
| Cash flow per share (Unadj.) | Rs | -13.5 | 70.4 | -19.1% | |
| Dividends per share (Unadj.) | Rs | 0 | 7.30 | 0.0% | |
| Avg Dividend yield | % | 0 | 0.9 | 0.0% | |
| Book value per share (Unadj.) | Rs | -43.0 | 316.9 | -13.6% | |
| Shares outstanding (eoy) | m | 36.14 | 2,436.50 | 1.5% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 0.2 | 1.1 | 14.0% | |
| Avg P/E ratio | x | -0.9 | 21.3 | -4.3% | |
| P/CF ratio (eoy) | x | -1.8 | 11.2 | -15.8% | |
| Price / Book Value ratio | x | -0.6 | 2.5 | -22.3% | |
| Dividend payout | % | 0 | 19.8 | -0.0% | |
| Avg Mkt Cap | Rs m | 860 | 1,913,751 | 0.0% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 120 | 45,910 | 0.3% | |
| 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 | 5,638 | 1,750,060 | 0.3% | |
| Other income | Rs m | 52 | 10,040 | 0.5% | |
| Total revenues | Rs m | 5,690 | 1,760,100 | 0.3% | |
| Gross profit | Rs m | -629 | 286,530 | -0.2% | |
| Depreciation | Rs m | 451 | 81,720 | 0.6% | |
| Interest | Rs m | 246 | 81,050 | 0.3% | |
| Profit before tax | Rs m | -1,275 | 133,800 | -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 | -337 | 44,070 | -0.8% | |
| Profit after tax | Rs m | -938 | 89,730 | -1.0% | |
| Gross profit margin | % | -11.2 | 16.4 | -68.1% | |
| Effective tax rate | % | 26.4 | 32.9 | 80.2% | |
| Net profit margin | % | -16.6 | 5.1 | -324.5% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 765 | 645,330 | 0.1% | |
| Current liabilities | Rs m | 1,271 | 660,650 | 0.2% | |
| Net working cap to sales | % | -9.0 | -0.9 | 1,024.6% | |
| Current ratio | x | 0.6 | 1.0 | 61.6% | |
| Inventory Days | Days | 12 | 44 | 26.1% | |
| Debtors Days | Days | 133 | 2 | 8,475.1% | |
| Net fixed assets | Rs m | 2,190 | 1,633,640 | 0.1% | |
| Share capital | Rs m | 361 | 3,050 | 11.8% | |
| "Free" reserves | Rs m | -1,916 | 769,180 | -0.2% | |
| Net worth | Rs m | -1,554 | 772,230 | -0.2% | |
| Long term debt | Rs m | 3,188 | 673,540 | 0.5% | |
| Total assets | Rs m | 2,955 | 2,278,980 | 0.1% | |
| Interest coverage | x | -4.2 | 2.7 | -157.7% | |
| Debt to equity ratio | x | -2.1 | 0.9 | -235.1% | |
| Sales to assets ratio | x | 1.9 | 0.8 | 248.5% | |
| Return on assets | % | -23.4 | 7.5 | -312.5% | |
| Return on equity | % | 60.3 | 11.6 | 519.3% | |
| Return on capital | % | -63.0 | 14.9 | -423.8% | |
| Exports to sales | % | 0 | 8.4 | 0.0% | |
| Imports to sales | % | 0 | 25.1 | 0.0% | |
| Exports (fob) | Rs m | NA | 147,200 | 0.0% | |
| Imports (cif) | Rs m | NA | 438,620 | 0.0% | |
| Fx inflow | Rs m | 6 | 151,840 | 0.0% | |
| Fx outflow | Rs m | 0 | 490,570 | 0.0% | |
| Net fx | Rs m | 6 | -338,730 | -0.0% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | -105 | 120,780 | -0.1% | |
| From Investments | Rs m | -314 | -146,380 | 0.2% | |
| From Financial Activity | Rs m | 437 | -50,050 | -0.9% | |
| Net Cashflow | Rs m | 18 | -73,940 | -0.0% | |
Share Holding
| Indian Promoters | % | 44.2 | 43.3 | 102.0% | |
| Foreign collaborators | % | 0.0 | 1.6 | - | |
| Indian inst/Mut Fund | % | 1.3 | 36.7 | 3.6% | |
| FIIs | % | 0.0 | 25.7 | - | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 55.8 | 55.2 | 101.2% | |
| Shareholders | 155,715 | 632,249 | 24.6% | ||
| Pledged promoter(s) holding | % | 0.0 | 12.2 | - |
Compare NOVA IRON & STEEL With: TATA STEEL VENUS PIPES & TUBES RATNAMANI METALS SHANKARA BUILDING PRODUCTS PRAKASH INDUSTRIES
More on NOVA IRON & STEEL vs JSW Steel
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
NOVA IRON & STEEL vs JSW Steel Share Price Performance
| Period | NOVA IRON & STEEL | JSW Steel | S&P BSE METAL |
|---|---|---|---|
| 1-Day | -0.59% | -2.31% | 0.20% |
| 1-Month | -6.96% | 1.18% | -1.90% |
| 1-Year | -5.50% | 22.00% | 25.80% |
| 3-Year CAGR | 19.95% | 11.93% | 15.28% |
| 5-Year CAGR | 45.27% | 29.69% | 25.59% |
* Compound Annual Growth Rate
Here are more details on the NOVA IRON & STEEL share price and the JSW Steel share price.
Moving on to shareholding structures...
The promoters of NOVA IRON & STEEL hold a 44.2% stake in the company. In case of JSW Steel the stake stands at 44.8%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of NOVA IRON & STEEL and the shareholding pattern of JSW Steel.
Finally, a word on dividends...
In the most recent financial year, NOVA IRON & STEEL paid a dividend of Rs 0.0 per share. This amounted to a Dividend Payout ratio of -0.0%.
JSW Steel paid Rs 7.3, and its dividend payout ratio stood at 19.8%.
You may visit here to review the dividend history of NOVA IRON & STEEL, and the dividend history of JSW Steel.
For a sector overview, read our steel sector report.
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