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- Indian - steel
- NOVA IRON & STEEL - SCAN STEELS
NOVA IRON & STEEL vs SCAN STEELS - Comparison Results
Current Valuations
| NOVA IRON & STEEL | SCAN STEELS | NOVA IRON & STEEL/ SCAN STEELS |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | -1.0 | 11.2 | - | View Chart |
| P/BV | x | - | 0.6 | - | View Chart |
| Dividend Yield | % | 0.0 | 0.0 | - |
Financials
 NOVA IRON & STEEL  SCAN STEELS |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| NOVA IRON & STEEL Mar-24 |
SCAN STEELS Mar-24 |
NOVA IRON & STEEL/ SCAN STEELS |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 40 | 95 | 41.8% | |
| Low | Rs | 8 | 28 | 28.5% | |
| Sales per share (Unadj.) | Rs | 156.0 | 184.4 | 84.6% | |
| Earnings per share (Unadj.) | Rs | -26.0 | 4.0 | -645.4% | |
| Cash flow per share (Unadj.) | Rs | -13.5 | 7.0 | -193.4% | |
| Dividends per share (Unadj.) | Rs | 0 | 0 | - | |
| Avg Dividend yield | % | 0 | 0 | - | |
| Book value per share (Unadj.) | Rs | -43.0 | 77.0 | -55.9% | |
| Shares outstanding (eoy) | m | 36.14 | 52.35 | 69.0% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 0.2 | 0.3 | 45.9% | |
| Avg P/E ratio | x | -0.9 | 15.3 | -6.0% | |
| P/CF ratio (eoy) | x | -1.8 | 8.8 | -20.1% | |
| Price / Book Value ratio | x | -0.6 | 0.8 | -69.4% | |
| Dividend payout | % | 0 | 0 | - | |
| Avg Mkt Cap | Rs m | 860 | 3,211 | 26.8% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 120 | 311 | 38.6% | |
| 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 | 9,654 | 58.4% | |
| Other income | Rs m | 52 | 20 | 256.1% | |
| Total revenues | Rs m | 5,690 | 9,674 | 58.8% | |
| Gross profit | Rs m | -629 | 513 | -122.5% | |
| Depreciation | Rs m | 451 | 154 | 293.0% | |
| Interest | Rs m | 246 | 105 | 235.2% | |
| Profit before tax | Rs m | -1,275 | 275 | -463.8% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | -337 | 64 | -523.7% | |
| Profit after tax | Rs m | -938 | 211 | -445.5% | |
| Gross profit margin | % | -11.2 | 5.3 | -209.8% | |
| Effective tax rate | % | 26.4 | 23.4 | 112.9% | |
| Net profit margin | % | -16.6 | 2.2 | -762.9% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 765 | 2,577 | 29.7% | |
| Current liabilities | Rs m | 1,271 | 1,647 | 77.2% | |
| Net working cap to sales | % | -9.0 | 9.6 | -93.1% | |
| Current ratio | x | 0.6 | 1.6 | 38.5% | |
| Inventory Days | Days | 12 | 27 | 43.4% | |
| Debtors Days | Days | 133 | 95 | 141.0% | |
| Net fixed assets | Rs m | 2,190 | 3,506 | 62.5% | |
| Share capital | Rs m | 361 | 586 | 61.7% | |
| "Free" reserves | Rs m | -1,916 | 3,443 | -55.6% | |
| Net worth | Rs m | -1,554 | 4,029 | -38.6% | |
| Long term debt | Rs m | 3,188 | 58 | 5,489.4% | |
| Total assets | Rs m | 2,955 | 6,083 | 48.6% | |
| Interest coverage | x | -4.2 | 3.6 | -115.2% | |
| Debt to equity ratio | x | -2.1 | 0 | -14,228.8% | |
| Sales to assets ratio | x | 1.9 | 1.6 | 120.2% | |
| Return on assets | % | -23.4 | 5.2 | -452.0% | |
| Return on equity | % | 60.3 | 5.2 | 1,154.8% | |
| Return on capital | % | -63.0 | 9.3 | -678.4% | |
| 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 | 6 | 0 | - | |
| Fx outflow | Rs m | 0 | 0 | - | |
| Net fx | Rs m | 6 | 0 | - | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | -105 | 816 | -12.8% | |
| From Investments | Rs m | -314 | -297 | 105.8% | |
| From Financial Activity | Rs m | 437 | -297 | -147.2% | |
| Net Cashflow | Rs m | 18 | 222 | 8.0% | |
Share Holding
| Indian Promoters | % | 44.2 | 48.1 | 91.8% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 1.3 | 0.0 | - | |
| FIIs | % | 0.0 | 0.0 | - | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 55.8 | 51.9 | 107.6% | |
| Shareholders | 155,715 | 11,672 | 1,334.1% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare NOVA IRON & STEEL With: TATA STEEL JSW STEEL RATNAMANI METALS VENUS PIPES & TUBES SHANKARA BUILDING PRODUCTS
More on NOVA IRON & STEEL vs MITTAL SECURITIES
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 MITTAL SECURITIES Share Price Performance
| Period | NOVA IRON & STEEL | MITTAL SECURITIES | S&P BSE METAL |
|---|---|---|---|
| 1-Day | 1.58% | 0.27% | 1.52% |
| 1-Month | -13.84% | -23.32% | -4.76% |
| 1-Year | -7.11% | -25.86% | 27.69% |
| 3-Year CAGR | 24.91% | 10.54% | 16.49% |
| 5-Year CAGR | 43.96% | 9.37% | 26.33% |
* Compound Annual Growth Rate
Here are more details on the NOVA IRON & STEEL share price and the MITTAL SECURITIES share price.
Moving on to shareholding structures...
The promoters of NOVA IRON & STEEL hold a 44.2% stake in the company. In case of MITTAL SECURITIES the stake stands at 48.1%.
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 MITTAL SECURITIES.
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%.
MITTAL SECURITIES paid Rs 0.0, and its dividend payout ratio stood at 0.0%.
You may visit here to review the dividend history of NOVA IRON & STEEL, and the dividend history of MITTAL SECURITIES.
For a sector overview, read our steel sector report.
Today's Market
![Sensex Today Trades Higher | Nifty Above 23,450 | Info Edge & SJVN Jump 5%]()
Sensex Today Trades Higher | Nifty Above 23,450 | Info Edge & SJVN Jump 5%(10:30 am)
Asian markets traded higher on Friday, following the overnight rally on Wall Street, and the release of economic data in the region.
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