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- Indian - steel
- NOVA IRON & STEEL - MAHARASHTRA SEAMLESS
NOVA IRON & STEEL vs MAHARASHTRA SEAMLESS - Comparison Results
Current Valuations
| NOVA IRON & STEEL | MAHARASHTRA SEAMLESS | NOVA IRON & STEEL/ MAHARASHTRA SEAMLESS |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | -1.0 | 10.0 | - | View Chart |
| P/BV | x | - | 1.5 | - | View Chart |
| Dividend Yield | % | 0.0 | 1.6 | - |
Financials
 NOVA IRON & STEEL  MAHARASHTRA SEAMLESS |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| NOVA IRON & STEEL Mar-24 |
MAHARASHTRA SEAMLESS Mar-24 |
NOVA IRON & STEEL/ MAHARASHTRA SEAMLESS |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 40 | 1,099 | 3.6% | |
| Low | Rs | 8 | 355 | 2.2% | |
| Sales per share (Unadj.) | Rs | 156.0 | 403.3 | 38.7% | |
| Earnings per share (Unadj.) | Rs | -26.0 | 71.0 | -36.5% | |
| Cash flow per share (Unadj.) | Rs | -13.5 | 79.2 | -17.0% | |
| Dividends per share (Unadj.) | Rs | 0 | 10.00 | 0.0% | |
| Avg Dividend yield | % | 0 | 1.4 | 0.0% | |
| Book value per share (Unadj.) | Rs | -43.0 | 427.7 | -10.1% | |
| Shares outstanding (eoy) | m | 36.14 | 134.00 | 27.0% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 0.2 | 1.8 | 8.5% | |
| Avg P/E ratio | x | -0.9 | 10.2 | -9.0% | |
| P/CF ratio (eoy) | x | -1.8 | 9.2 | -19.3% | |
| Price / Book Value ratio | x | -0.6 | 1.7 | -32.6% | |
| Dividend payout | % | 0 | 14.1 | -0.0% | |
| Avg Mkt Cap | Rs m | 860 | 97,394 | 0.9% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 120 | 1,093 | 11.0% | |
| 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 | 54,041 | 10.4% | |
| Other income | Rs m | 52 | 1,422 | 3.6% | |
| Total revenues | Rs m | 5,690 | 55,463 | 10.3% | |
| Gross profit | Rs m | -629 | 11,988 | -5.2% | |
| Depreciation | Rs m | 451 | 1,097 | 41.1% | |
| Interest | Rs m | 246 | 85 | 290.5% | |
| Profit before tax | Rs m | -1,275 | 12,228 | -10.4% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | -337 | 2,712 | -12.4% | |
| Profit after tax | Rs m | -938 | 9,517 | -9.9% | |
| Gross profit margin | % | -11.2 | 22.2 | -50.3% | |
| Effective tax rate | % | 26.4 | 22.2 | 119.1% | |
| Net profit margin | % | -16.6 | 17.6 | -94.5% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 765 | 36,137 | 2.1% | |
| Current liabilities | Rs m | 1,271 | 4,301 | 29.5% | |
| Net working cap to sales | % | -9.0 | 58.9 | -15.2% | |
| Current ratio | x | 0.6 | 8.4 | 7.2% | |
| Inventory Days | Days | 12 | 143 | 8.1% | |
| Debtors Days | Days | 133 | 4 | 3,811.1% | |
| Net fixed assets | Rs m | 2,190 | 29,742 | 7.4% | |
| Share capital | Rs m | 361 | 670 | 53.9% | |
| "Free" reserves | Rs m | -1,916 | 56,637 | -3.4% | |
| Net worth | Rs m | -1,554 | 57,307 | -2.7% | |
| Long term debt | Rs m | 3,188 | 0 | - | |
| Total assets | Rs m | 2,955 | 65,879 | 4.5% | |
| Interest coverage | x | -4.2 | 145.4 | -2.9% | |
| Debt to equity ratio | x | -2.1 | 0 | - | |
| Sales to assets ratio | x | 1.9 | 0.8 | 232.6% | |
| Return on assets | % | -23.4 | 14.6 | -160.7% | |
| Return on equity | % | 60.3 | 16.6 | 363.4% | |
| Return on capital | % | -63.0 | 21.5 | -293.1% | |
| 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 | 4 | 149.6% | |
| Fx outflow | Rs m | 0 | 3,940 | 0.0% | |
| Net fx | Rs m | 6 | -3,936 | -0.2% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | -105 | 10,414 | -1.0% | |
| From Investments | Rs m | -314 | -7,216 | 4.4% | |
| From Financial Activity | Rs m | 437 | -3,197 | -13.7% | |
| Net Cashflow | Rs m | 18 | 1 | 1,624.5% | |
Share Holding
| Indian Promoters | % | 44.2 | 68.0 | 64.9% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 1.3 | 12.3 | 10.7% | |
| FIIs | % | 0.0 | 8.0 | - | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 55.8 | 32.0 | 174.7% | |
| Shareholders | 155,715 | 96,466 | 161.4% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare NOVA IRON & STEEL With: TATA STEEL JSW STEEL RATNAMANI METALS VENUS PIPES & TUBES PRAKASH INDUSTRIES
More on NOVA IRON & STEEL vs Maharashtra Seamless
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 Maharashtra Seamless Share Price Performance
| Period | NOVA IRON & STEEL | Maharashtra Seamless | S&P BSE METAL |
|---|---|---|---|
| 1-Day | 1.63% | 2.03% | 1.65% |
| 1-Month | -13.80% | 11.50% | -4.64% |
| 1-Year | -7.06% | -28.95% | 27.85% |
| 3-Year CAGR | 24.93% | 37.69% | 16.54% |
| 5-Year CAGR | 43.97% | 27.50% | 26.37% |
* Compound Annual Growth Rate
Here are more details on the NOVA IRON & STEEL share price and the Maharashtra Seamless share price.
Moving on to shareholding structures...
The promoters of NOVA IRON & STEEL hold a 44.2% stake in the company. In case of Maharashtra Seamless the stake stands at 68.0%.
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 Maharashtra Seamless.
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%.
Maharashtra Seamless paid Rs 10.0, and its dividend payout ratio stood at 14.1%.
You may visit here to review the dividend history of NOVA IRON & STEEL, and the dividend history of Maharashtra Seamless.
For a sector overview, read our steel sector report.
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