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- Indian - steel
- NOVA IRON & STEEL - MANAKSIA STEELS
NOVA IRON & STEEL vs MANAKSIA STEELS - Comparison Results
Current Valuations
| NOVA IRON & STEEL | MANAKSIA STEELS | NOVA IRON & STEEL/ MANAKSIA STEELS |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | -1.0 | 33.3 | - | View Chart |
| P/BV | x | - | 1.3 | - | View Chart |
| Dividend Yield | % | 0.0 | 0.0 | - |
Financials
 NOVA IRON & STEEL  MANAKSIA STEELS |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| NOVA IRON & STEEL Mar-24 |
MANAKSIA STEELS Mar-24 |
NOVA IRON & STEEL/ MANAKSIA STEELS |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 40 | 107 | 37.1% | |
| Low | Rs | 8 | 36 | 22.0% | |
| Sales per share (Unadj.) | Rs | 156.0 | 103.9 | 150.1% | |
| Earnings per share (Unadj.) | Rs | -26.0 | 4.3 | -599.2% | |
| Cash flow per share (Unadj.) | Rs | -13.5 | 5.4 | -249.7% | |
| Dividends per share (Unadj.) | Rs | 0 | 0 | - | |
| Avg Dividend yield | % | 0 | 0 | - | |
| Book value per share (Unadj.) | Rs | -43.0 | 45.8 | -93.8% | |
| Shares outstanding (eoy) | m | 36.14 | 65.53 | 55.2% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 0.2 | 0.7 | 22.2% | |
| Avg P/E ratio | x | -0.9 | 16.5 | -5.6% | |
| P/CF ratio (eoy) | x | -1.8 | 13.3 | -13.3% | |
| Price / Book Value ratio | x | -0.6 | 1.6 | -35.5% | |
| Dividend payout | % | 0 | 0 | - | |
| Avg Mkt Cap | Rs m | 860 | 4,686 | 18.4% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 120 | 206 | 58.4% | |
| 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 | 6,811 | 82.8% | |
| Other income | Rs m | 52 | 156 | 33.0% | |
| Total revenues | Rs m | 5,690 | 6,967 | 81.7% | |
| Gross profit | Rs m | -629 | 374 | -168.3% | |
| Depreciation | Rs m | 451 | 70 | 648.6% | |
| Interest | Rs m | 246 | 82 | 299.4% | |
| Profit before tax | Rs m | -1,275 | 378 | -336.9% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | -337 | 94 | -356.4% | |
| Profit after tax | Rs m | -938 | 284 | -330.5% | |
| Gross profit margin | % | -11.2 | 5.5 | -203.3% | |
| Effective tax rate | % | 26.4 | 25.0 | 105.8% | |
| Net profit margin | % | -16.6 | 4.2 | -399.2% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 765 | 3,750 | 20.4% | |
| Current liabilities | Rs m | 1,271 | 2,098 | 60.6% | |
| Net working cap to sales | % | -9.0 | 24.3 | -37.0% | |
| Current ratio | x | 0.6 | 1.8 | 33.7% | |
| Inventory Days | Days | 12 | 107 | 10.8% | |
| Debtors Days | Days | 133 | 141 | 94.9% | |
| Net fixed assets | Rs m | 2,190 | 1,450 | 151.0% | |
| Share capital | Rs m | 361 | 66 | 551.5% | |
| "Free" reserves | Rs m | -1,916 | 2,939 | -65.2% | |
| Net worth | Rs m | -1,554 | 3,004 | -51.7% | |
| Long term debt | Rs m | 3,188 | 0 | - | |
| Total assets | Rs m | 2,955 | 5,200 | 56.8% | |
| Interest coverage | x | -4.2 | 5.6 | -74.6% | |
| Debt to equity ratio | x | -2.1 | 0 | - | |
| Sales to assets ratio | x | 1.9 | 1.3 | 145.7% | |
| Return on assets | % | -23.4 | 7.0 | -332.7% | |
| Return on equity | % | 60.3 | 9.4 | 638.7% | |
| Return on capital | % | -63.0 | 15.3 | -410.9% | |
| Exports to sales | % | 0 | 22.2 | 0.0% | |
| Imports to sales | % | 0 | 28.3 | 0.0% | |
| Exports (fob) | Rs m | NA | 1,512 | 0.0% | |
| Imports (cif) | Rs m | NA | 1,926 | 0.0% | |
| Fx inflow | Rs m | 6 | 1,512 | 0.4% | |
| Fx outflow | Rs m | 0 | 1,926 | 0.0% | |
| Net fx | Rs m | 6 | -414 | -1.5% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | -105 | -522 | 20.0% | |
| From Investments | Rs m | -314 | -844 | 37.3% | |
| From Financial Activity | Rs m | 437 | 1,296 | 33.7% | |
| Net Cashflow | Rs m | 18 | -32 | -55.4% | |
Share Holding
| Indian Promoters | % | 44.2 | 74.8 | 59.1% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 1.3 | 0.6 | 206.3% | |
| FIIs | % | 0.0 | 0.6 | - | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 55.8 | 25.3 | 221.1% | |
| Shareholders | 155,715 | 32,443 | 480.0% | ||
| 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 MANAKSIA STEELS
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 MANAKSIA STEELS Share Price Performance
| Period | NOVA IRON & STEEL | MANAKSIA STEELS | S&P BSE METAL |
|---|---|---|---|
| 1-Day | 1.63% | 3.33% | 1.65% |
| 1-Month | -13.80% | -4.60% | -4.64% |
| 1-Year | -7.06% | 32.81% | 27.85% |
| 3-Year CAGR | 24.93% | 27.09% | 16.54% |
| 5-Year CAGR | 43.97% | 46.13% | 26.37% |
* Compound Annual Growth Rate
Here are more details on the NOVA IRON & STEEL share price and the MANAKSIA STEELS share price.
Moving on to shareholding structures...
The promoters of NOVA IRON & STEEL hold a 44.2% stake in the company. In case of MANAKSIA STEELS the stake stands at 74.8%.
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 MANAKSIA STEELS.
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%.
MANAKSIA STEELS 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 MANAKSIA STEELS.
For a sector overview, read our steel sector report.
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