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- Indian - steel
- NOVA IRON & STEEL - TATA STEEL
NOVA IRON & STEEL vs TATA STEEL - Comparison Results
Current Valuations
| NOVA IRON & STEEL | TATA STEEL | NOVA IRON & STEEL/ TATA STEEL |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | -1.0 | 68.7 | - | View Chart |
| P/BV | x | - | 1.9 | - | View Chart |
| Dividend Yield | % | 0.0 | 2.5 | - |
Financials
 NOVA IRON & STEEL  TATA STEEL |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| NOVA IRON & STEEL Mar-24 |
TATA STEEL Mar-24 |
NOVA IRON & STEEL/ TATA STEEL |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 40 | 160 | 24.9% | |
| Low | Rs | 8 | 103 | 7.7% | |
| Sales per share (Unadj.) | Rs | 156.0 | 183.8 | 84.9% | |
| Earnings per share (Unadj.) | Rs | -26.0 | -3.9 | 659.3% | |
| Cash flow per share (Unadj.) | Rs | -13.5 | 4.0 | -337.8% | |
| Dividends per share (Unadj.) | Rs | 0 | 3.60 | 0.0% | |
| Avg Dividend yield | % | 0 | 2.7 | 0.0% | |
| Book value per share (Unadj.) | Rs | -43.0 | 73.8 | -58.3% | |
| Shares outstanding (eoy) | m | 36.14 | 12,471.85 | 0.3% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 0.2 | 0.7 | 21.3% | |
| Avg P/E ratio | x | -0.9 | -33.4 | 2.7% | |
| P/CF ratio (eoy) | x | -1.8 | 33.0 | -5.4% | |
| Price / Book Value ratio | x | -0.6 | 1.8 | -31.1% | |
| Dividend payout | % | 0 | -91.5 | 0.0% | |
| Avg Mkt Cap | Rs m | 860 | 1,638,489 | 0.1% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 120 | 245,096 | 0.0% | |
| 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 | 2,291,708 | 0.2% | |
| Other income | Rs m | 52 | 18,367 | 0.3% | |
| Total revenues | Rs m | 5,690 | 2,310,075 | 0.2% | |
| Gross profit | Rs m | -629 | 144,060 | -0.4% | |
| Depreciation | Rs m | 451 | 98,822 | 0.5% | |
| Interest | Rs m | 246 | 75,076 | 0.3% | |
| Profit before tax | Rs m | -1,275 | -11,470 | 11.1% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | -337 | 37,626 | -0.9% | |
| Profit after tax | Rs m | -938 | -49,096 | 1.9% | |
| Gross profit margin | % | -11.2 | 6.3 | -177.4% | |
| Effective tax rate | % | 26.4 | -328.0 | -8.0% | |
| Net profit margin | % | -16.6 | -2.1 | 776.6% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 765 | 705,036 | 0.1% | |
| Current liabilities | Rs m | 1,271 | 984,035 | 0.1% | |
| Net working cap to sales | % | -9.0 | -12.2 | 73.7% | |
| Current ratio | x | 0.6 | 0.7 | 84.0% | |
| Inventory Days | Days | 12 | 26 | 44.4% | |
| Debtors Days | Days | 133 | 1 | 13,374.0% | |
| Net fixed assets | Rs m | 2,190 | 1,987,642 | 0.1% | |
| Share capital | Rs m | 361 | 12,474 | 2.9% | |
| "Free" reserves | Rs m | -1,916 | 907,883 | -0.2% | |
| Net worth | Rs m | -1,554 | 920,358 | -0.2% | |
| Long term debt | Rs m | 3,188 | 515,767 | 0.6% | |
| Total assets | Rs m | 2,955 | 2,693,124 | 0.1% | |
| Interest coverage | x | -4.2 | 0.8 | -493.3% | |
| Debt to equity ratio | x | -2.1 | 0.6 | -365.9% | |
| Sales to assets ratio | x | 1.9 | 0.9 | 224.2% | |
| Return on assets | % | -23.4 | 1.0 | -2,427.6% | |
| Return on equity | % | 60.3 | -5.3 | -1,131.2% | |
| Return on capital | % | -63.0 | 4.4 | -1,421.8% | |
| Exports to sales | % | 0 | 3.6 | 0.0% | |
| Imports to sales | % | 0 | 17.5 | 0.0% | |
| Exports (fob) | Rs m | NA | 83,174 | 0.0% | |
| Imports (cif) | Rs m | NA | 400,886 | 0.0% | |
| Fx inflow | Rs m | 6 | 83,174 | 0.0% | |
| Fx outflow | Rs m | 0 | 418,267 | 0.0% | |
| Net fx | Rs m | 6 | -335,093 | -0.0% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | -105 | 203,007 | -0.1% | |
| From Investments | Rs m | -314 | -142,514 | 0.2% | |
| From Financial Activity | Rs m | 437 | -110,970 | -0.4% | |
| Net Cashflow | Rs m | 18 | -50,491 | -0.0% | |
Share Holding
| Indian Promoters | % | 44.2 | 33.2 | 133.1% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 1.3 | 42.1 | 3.1% | |
| FIIs | % | 0.0 | 19.3 | - | |
| ADR/GDR | % | 0.0 | 0.7 | - | |
| Free float | % | 55.8 | 66.1 | 84.5% | |
| Shareholders | 155,715 | 5,987,139 | 2.6% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare NOVA IRON & STEEL With: JSW STEEL RATNAMANI METALS VENUS PIPES & TUBES SHANKARA BUILDING PRODUCTS PRAKASH INDUSTRIES
More on NOVA IRON & STEEL vs Tata 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 Tata Steel Share Price Performance
| Period | NOVA IRON & STEEL | Tata Steel | S&P BSE METAL |
|---|---|---|---|
| 1-Day | 1.58% | 1.11% | 1.48% |
| 1-Month | -13.84% | -5.75% | -4.80% |
| 1-Year | -7.11% | 12.45% | 27.64% |
| 3-Year CAGR | 24.91% | 6.78% | 16.48% |
| 5-Year CAGR | 43.96% | 28.83% | 26.32% |
* Compound Annual Growth Rate
Here are more details on the NOVA IRON & STEEL share price and the Tata 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 Tata Steel the stake stands at 33.2%.
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 Tata 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%.
Tata Steel paid Rs 3.6, and its dividend payout ratio stood at -91.5%.
You may visit here to review the dividend history of NOVA IRON & STEEL, and the dividend history of Tata Steel.
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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