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- NOVA IRON & STEEL - RATNAMANI METALS
NOVA IRON & STEEL vs RATNAMANI METALS - Comparison Results
Current Valuations
| NOVA IRON & STEEL | RATNAMANI METALS | NOVA IRON & STEEL/ RATNAMANI METALS |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | -1.0 | 45.6 | - | View Chart |
| P/BV | x | - | 7.7 | - | View Chart |
| Dividend Yield | % | 0.0 | 0.4 | - |
Financials
 NOVA IRON & STEEL  RATNAMANI METALS |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| NOVA IRON & STEEL Mar-24 |
RATNAMANI METALS Mar-24 |
NOVA IRON & STEEL/ RATNAMANI METALS |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 40 | 3,924 | 1.0% | |
| Low | Rs | 8 | 1,924 | 0.4% | |
| Sales per share (Unadj.) | Rs | 156.0 | 721.8 | 21.6% | |
| Earnings per share (Unadj.) | Rs | -26.0 | 89.2 | -29.1% | |
| Cash flow per share (Unadj.) | Rs | -13.5 | 103.1 | -13.1% | |
| Dividends per share (Unadj.) | Rs | 0 | 14.00 | 0.0% | |
| Avg Dividend yield | % | 0 | 0.5 | 0.0% | |
| Book value per share (Unadj.) | Rs | -43.0 | 448.1 | -9.6% | |
| Shares outstanding (eoy) | m | 36.14 | 70.09 | 51.6% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 0.2 | 4.1 | 3.8% | |
| Avg P/E ratio | x | -0.9 | 32.8 | -2.8% | |
| P/CF ratio (eoy) | x | -1.8 | 28.4 | -6.2% | |
| Price / Book Value ratio | x | -0.6 | 6.5 | -8.5% | |
| Dividend payout | % | 0 | 15.7 | -0.0% | |
| Avg Mkt Cap | Rs m | 860 | 204,958 | 0.4% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 120 | 2,578 | 4.7% | |
| 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 | 5,638 | 50,591 | 11.1% | |
| Other income | Rs m | 52 | 732 | 7.1% | |
| Total revenues | Rs m | 5,690 | 51,323 | 11.1% | |
| Gross profit | Rs m | -629 | 8,971 | -7.0% | |
| Depreciation | Rs m | 451 | 975 | 46.3% | |
| Interest | Rs m | 246 | 451 | 54.5% | |
| Profit before tax | Rs m | -1,275 | 8,277 | -15.4% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | -337 | 2,026 | -16.6% | |
| Profit after tax | Rs m | -938 | 6,251 | -15.0% | |
| Gross profit margin | % | -11.2 | 17.7 | -62.9% | |
| Effective tax rate | % | 26.4 | 24.5 | 107.9% | |
| Net profit margin | % | -16.6 | 12.4 | -134.7% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 765 | 26,657 | 2.9% | |
| Current liabilities | Rs m | 1,271 | 6,000 | 21.2% | |
| Net working cap to sales | % | -9.0 | 40.8 | -22.0% | |
| Current ratio | x | 0.6 | 4.4 | 13.6% | |
| Inventory Days | Days | 12 | 8 | 142.2% | |
| Debtors Days | Days | 133 | 679 | 19.6% | |
| Net fixed assets | Rs m | 2,190 | 13,542 | 16.2% | |
| Share capital | Rs m | 361 | 140 | 257.8% | |
| "Free" reserves | Rs m | -1,916 | 31,265 | -6.1% | |
| Net worth | Rs m | -1,554 | 31,405 | -4.9% | |
| Long term debt | Rs m | 3,188 | 211 | 1,513.8% | |
| Total assets | Rs m | 2,955 | 40,198 | 7.4% | |
| Interest coverage | x | -4.2 | 19.3 | -21.6% | |
| Debt to equity ratio | x | -2.1 | 0 | -30,584.8% | |
| Sales to assets ratio | x | 1.9 | 1.3 | 151.6% | |
| Return on assets | % | -23.4 | 16.7 | -140.5% | |
| Return on equity | % | 60.3 | 19.9 | 303.2% | |
| Return on capital | % | -63.0 | 27.6 | -228.1% | |
| Exports to sales | % | 0 | 22.0 | 0.0% | |
| Imports to sales | % | 0 | 0.6 | 0.0% | |
| Exports (fob) | Rs m | NA | 11,148 | 0.0% | |
| Imports (cif) | Rs m | NA | 283 | 0.0% | |
| Fx inflow | Rs m | 6 | 11,148 | 0.1% | |
| Fx outflow | Rs m | 0 | 283 | 0.0% | |
| Net fx | Rs m | 6 | 10,865 | 0.1% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | -105 | 5,112 | -2.0% | |
| From Investments | Rs m | -314 | -1,453 | 21.6% | |
| From Financial Activity | Rs m | 437 | -1,930 | -22.6% | |
| Net Cashflow | Rs m | 18 | 1,728 | 1.0% | |
Share Holding
| Indian Promoters | % | 44.2 | 59.8 | 73.9% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 1.3 | 29.5 | 4.5% | |
| FIIs | % | 0.0 | 12.7 | - | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 55.8 | 40.2 | 138.8% | |
| Shareholders | 155,715 | 38,493 | 404.5% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare NOVA IRON & STEEL With: TATA STEEL JSW STEEL VENUS PIPES & TUBES SHANKARA BUILDING PRODUCTS PRAKASH INDUSTRIES
More on NOVA IRON & STEEL vs Ratnamani Metals
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 Ratnamani Metals Share Price Performance
| Period | NOVA IRON & STEEL | Ratnamani Metals | S&P BSE METAL |
|---|---|---|---|
| 1-Day | 1.74% | -5.09% | 1.86% |
| 1-Month | -13.71% | -1.66% | -4.44% |
| 1-Year | -6.97% | -2.29% | 28.12% |
| 3-Year CAGR | 24.98% | 34.12% | 16.62% |
| 5-Year CAGR | 44.00% | 39.99% | 26.42% |
* Compound Annual Growth Rate
Here are more details on the NOVA IRON & STEEL share price and the Ratnamani Metals share price.
Moving on to shareholding structures...
The promoters of NOVA IRON & STEEL hold a 44.2% stake in the company. In case of Ratnamani Metals the stake stands at 59.8%.
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 Ratnamani Metals.
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%.
Ratnamani Metals paid Rs 14.0, and its dividend payout ratio stood at 15.7%.
You may visit here to review the dividend history of NOVA IRON & STEEL, and the dividend history of Ratnamani Metals.
For a sector overview, read our steel sector report.
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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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