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- Indian - steel
- NOVA IRON & STEEL - SHAH ALLOYS
NOVA IRON & STEEL vs SHAH ALLOYS - Comparison Results
Current Valuations
| NOVA IRON & STEEL | SHAH ALLOYS | NOVA IRON & STEEL/ SHAH ALLOYS |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | -1.0 | -4.3 | - | View Chart |
| P/BV | x | - | 12.6 | - | View Chart |
| Dividend Yield | % | 0.0 | 0.0 | - |
Financials
 NOVA IRON & STEEL  SHAH ALLOYS |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| NOVA IRON & STEEL Mar-24 |
SHAH ALLOYS Mar-24 |
NOVA IRON & STEEL/ SHAH ALLOYS |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 40 | 94 | 42.2% | |
| Low | Rs | 8 | 39 | 20.4% | |
| Sales per share (Unadj.) | Rs | 156.0 | 299.2 | 52.1% | |
| Earnings per share (Unadj.) | Rs | -26.0 | -9.4 | 275.6% | |
| Cash flow per share (Unadj.) | Rs | -13.5 | -4.9 | 273.7% | |
| Dividends per share (Unadj.) | Rs | 0 | 0 | - | |
| Avg Dividend yield | % | 0 | 0 | - | |
| Book value per share (Unadj.) | Rs | -43.0 | 5.7 | -757.4% | |
| Shares outstanding (eoy) | m | 36.14 | 19.80 | 182.5% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 0.2 | 0.2 | 68.7% | |
| Avg P/E ratio | x | -0.9 | -7.0 | 13.0% | |
| P/CF ratio (eoy) | x | -1.8 | -13.5 | 13.1% | |
| Price / Book Value ratio | x | -0.6 | 11.7 | -4.7% | |
| Dividend payout | % | 0 | 0 | - | |
| Avg Mkt Cap | Rs m | 860 | 1,315 | 65.4% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 120 | 219 | 54.8% | |
| 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 | 5,924 | 95.2% | |
| Other income | Rs m | 52 | 209 | 24.8% | |
| Total revenues | Rs m | 5,690 | 6,132 | 92.8% | |
| Gross profit | Rs m | -629 | -268 | 234.6% | |
| Depreciation | Rs m | 451 | 89 | 506.8% | |
| Interest | Rs m | 246 | 40 | 610.6% | |
| Profit before tax | Rs m | -1,275 | -189 | 675.0% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | -337 | -2 | 14,382.5% | |
| Profit after tax | Rs m | -938 | -186 | 503.0% | |
| Gross profit margin | % | -11.2 | -4.5 | 246.5% | |
| Effective tax rate | % | 26.4 | 1.2 | 2,128.9% | |
| Net profit margin | % | -16.6 | -3.1 | 528.5% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 765 | 909 | 84.1% | |
| Current liabilities | Rs m | 1,271 | 2,389 | 53.2% | |
| Net working cap to sales | % | -9.0 | -25.0 | 35.9% | |
| Current ratio | x | 0.6 | 0.4 | 158.2% | |
| Inventory Days | Days | 12 | 11 | 105.5% | |
| Debtors Days | Days | 133 | 44 | 305.0% | |
| Net fixed assets | Rs m | 2,190 | 938 | 233.5% | |
| Share capital | Rs m | 361 | 198 | 182.5% | |
| "Free" reserves | Rs m | -1,916 | -86 | 2,240.0% | |
| Net worth | Rs m | -1,554 | 112 | -1,382.4% | |
| Long term debt | Rs m | 3,188 | 37 | 8,669.3% | |
| Total assets | Rs m | 2,955 | 1,847 | 160.0% | |
| Interest coverage | x | -4.2 | -3.7 | 113.4% | |
| Debt to equity ratio | x | -2.1 | 0.3 | -627.1% | |
| Sales to assets ratio | x | 1.9 | 3.2 | 59.5% | |
| Return on assets | % | -23.4 | -7.9 | 295.9% | |
| Return on equity | % | 60.3 | -165.8 | -36.4% | |
| Return on capital | % | -63.0 | -99.5 | 63.3% | |
| Exports to sales | % | 0 | 0 | - | |
| Imports to sales | % | 0 | 0 | 0.0% | |
| Exports (fob) | Rs m | NA | NA | - | |
| Imports (cif) | Rs m | NA | NA | 0.0% | |
| Fx inflow | Rs m | 6 | 0 | - | |
| Fx outflow | Rs m | 0 | 0 | 0.0% | |
| Net fx | Rs m | 6 | 0 | -2,307.7% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | -105 | -65 | 160.3% | |
| From Investments | Rs m | -314 | 38 | -833.8% | |
| From Financial Activity | Rs m | 437 | 27 | 1,591.3% | |
| Net Cashflow | Rs m | 18 | 0 | -19,855.6% | |
Share Holding
| Indian Promoters | % | 44.2 | 53.8 | 82.1% | |
| 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 | 46.2 | 120.8% | |
| Shareholders | 155,715 | 10,983 | 1,417.8% | ||
| 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 SHAH ALLOYS
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 SHAH ALLOYS Share Price Performance
| Period | NOVA IRON & STEEL | SHAH ALLOYS | S&P BSE METAL |
|---|---|---|---|
| 1-Day | -0.59% | 3.61% | 0.20% |
| 1-Month | -6.96% | -2.05% | -1.90% |
| 1-Year | -5.50% | 26.55% | 25.80% |
| 3-Year CAGR | 19.95% | 19.69% | 15.28% |
| 5-Year CAGR | 45.27% | 53.72% | 25.59% |
* Compound Annual Growth Rate
Here are more details on the NOVA IRON & STEEL share price and the SHAH ALLOYS share price.
Moving on to shareholding structures...
The promoters of NOVA IRON & STEEL hold a 44.2% stake in the company. In case of SHAH ALLOYS the stake stands at 53.8%.
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 SHAH ALLOYS.
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%.
SHAH ALLOYS 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 SHAH ALLOYS.
For a sector overview, read our steel sector report.
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