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- Indian - steel
- NOVA IRON & STEEL - JINDAL SAW
NOVA IRON & STEEL vs JINDAL SAW - Comparison Results
Current Valuations
| NOVA IRON & STEEL | JINDAL SAW | NOVA IRON & STEEL/ JINDAL SAW |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | -1.0 | 10.2 | - | View Chart |
| P/BV | x | - | 1.9 | - | View Chart |
| Dividend Yield | % | 0.0 | 0.7 | - |
Financials
 NOVA IRON & STEEL  JINDAL SAW |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| NOVA IRON & STEEL Mar-24 |
JINDAL SAW Mar-24 |
NOVA IRON & STEEL/ JINDAL SAW |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 40 | 558 | 7.1% | |
| Low | Rs | 8 | 145 | 5.4% | |
| Sales per share (Unadj.) | Rs | 156.0 | 655.4 | 23.8% | |
| Earnings per share (Unadj.) | Rs | -26.0 | 49.8 | -52.1% | |
| Cash flow per share (Unadj.) | Rs | -13.5 | 67.6 | -19.9% | |
| Dividends per share (Unadj.) | Rs | 0 | 2.00 | 0.0% | |
| Avg Dividend yield | % | 0 | 0.6 | 0.0% | |
| Book value per share (Unadj.) | Rs | -43.0 | 313.8 | -13.7% | |
| Shares outstanding (eoy) | m | 36.14 | 319.76 | 11.3% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 0.2 | 0.5 | 28.4% | |
| Avg P/E ratio | x | -0.9 | 7.1 | -13.0% | |
| P/CF ratio (eoy) | x | -1.8 | 5.2 | -34.0% | |
| Price / Book Value ratio | x | -0.6 | 1.1 | -49.4% | |
| Dividend payout | % | 0 | 4.0 | -0.0% | |
| Avg Mkt Cap | Rs m | 860 | 112,467 | 0.8% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 120 | 14,924 | 0.8% | |
| 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 | 209,577 | 2.7% | |
| Other income | Rs m | 52 | 3,125 | 1.7% | |
| Total revenues | Rs m | 5,690 | 212,702 | 2.7% | |
| Gross profit | Rs m | -629 | 31,759 | -2.0% | |
| Depreciation | Rs m | 451 | 5,680 | 7.9% | |
| Interest | Rs m | 246 | 7,047 | 3.5% | |
| Profit before tax | Rs m | -1,275 | 22,157 | -5.8% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | -337 | 6,228 | -5.4% | |
| Profit after tax | Rs m | -938 | 15,929 | -5.9% | |
| Gross profit margin | % | -11.2 | 15.2 | -73.6% | |
| Effective tax rate | % | 26.4 | 28.1 | 93.9% | |
| Net profit margin | % | -16.6 | 7.6 | -218.9% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 765 | 103,038 | 0.7% | |
| Current liabilities | Rs m | 1,271 | 83,256 | 1.5% | |
| Net working cap to sales | % | -9.0 | 9.4 | -95.0% | |
| Current ratio | x | 0.6 | 1.2 | 48.6% | |
| Inventory Days | Days | 12 | 16 | 74.2% | |
| Debtors Days | Days | 133 | 604 | 22.1% | |
| Net fixed assets | Rs m | 2,190 | 103,750 | 2.1% | |
| Share capital | Rs m | 361 | 640 | 56.5% | |
| "Free" reserves | Rs m | -1,916 | 99,709 | -1.9% | |
| Net worth | Rs m | -1,554 | 100,348 | -1.5% | |
| Long term debt | Rs m | 3,188 | 21,076 | 15.1% | |
| Total assets | Rs m | 2,955 | 206,787 | 1.4% | |
| Interest coverage | x | -4.2 | 4.1 | -100.9% | |
| Debt to equity ratio | x | -2.1 | 0.2 | -976.4% | |
| Sales to assets ratio | x | 1.9 | 1.0 | 188.3% | |
| Return on assets | % | -23.4 | 11.1 | -210.8% | |
| Return on equity | % | 60.3 | 15.9 | 380.1% | |
| Return on capital | % | -63.0 | 24.1 | -261.8% | |
| Exports to sales | % | 0 | 21.5 | 0.0% | |
| Imports to sales | % | 0 | 19.6 | 0.0% | |
| Exports (fob) | Rs m | NA | 45,035 | 0.0% | |
| Imports (cif) | Rs m | NA | 41,031 | 0.0% | |
| Fx inflow | Rs m | 6 | 45,035 | 0.0% | |
| Fx outflow | Rs m | 0 | 41,031 | 0.0% | |
| Net fx | Rs m | 6 | 4,004 | 0.1% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | -105 | 25,929 | -0.4% | |
| From Investments | Rs m | -314 | -19,174 | 1.6% | |
| From Financial Activity | Rs m | 437 | -124 | -352.6% | |
| Net Cashflow | Rs m | 18 | 6,635 | 0.3% | |
Share Holding
| Indian Promoters | % | 44.2 | 37.9 | 116.4% | |
| Foreign collaborators | % | 0.0 | 25.4 | - | |
| Indian inst/Mut Fund | % | 1.3 | 20.6 | 6.4% | |
| FIIs | % | 0.0 | 16.1 | - | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 55.8 | 36.7 | 152.1% | |
| Shareholders | 155,715 | 148,683 | 104.7% | ||
| 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 Jindal Saw
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 Jindal Saw Share Price Performance
| Period | NOVA IRON & STEEL | Jindal Saw | S&P BSE METAL |
|---|---|---|---|
| 1-Day | 1.63% | -0.70% | 1.55% |
| 1-Month | -13.80% | -10.40% | -4.74% |
| 1-Year | -7.06% | 30.90% | 27.73% |
| 3-Year CAGR | 24.93% | 81.45% | 16.50% |
| 5-Year CAGR | 43.97% | 49.84% | 26.34% |
* Compound Annual Growth Rate
Here are more details on the NOVA IRON & STEEL share price and the Jindal Saw share price.
Moving on to shareholding structures...
The promoters of NOVA IRON & STEEL hold a 44.2% stake in the company. In case of Jindal Saw the stake stands at 63.3%.
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 Jindal Saw.
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%.
Jindal Saw paid Rs 2.0, and its dividend payout ratio stood at 4.0%.
You may visit here to review the dividend history of NOVA IRON & STEEL, and the dividend history of Jindal Saw.
For a sector overview, read our steel sector report.
Today's Market
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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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