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- NOVA IRON & STEEL - WELSPUN SPECIALTY
NOVA IRON & STEEL vs WELSPUN SPECIALTY - Comparison Results
Current Valuations
| NOVA IRON & STEEL | WELSPUN SPECIALTY | NOVA IRON & STEEL/ WELSPUN SPECIALTY |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | -1.0 | 53.3 | - | View Chart |
| P/BV | x | - | 23.9 | - | View Chart |
| Dividend Yield | % | 0.0 | 0.0 | - |
Financials
 NOVA IRON & STEEL  WELSPUN SPECIALTY |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| NOVA IRON & STEEL Mar-24 |
WELSPUN SPECIALTY Mar-24 |
NOVA IRON & STEEL/ WELSPUN SPECIALTY |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 40 | 46 | 86.2% | |
| Low | Rs | 8 | 17 | 46.2% | |
| Sales per share (Unadj.) | Rs | 156.0 | 13.1 | 1,187.0% | |
| Earnings per share (Unadj.) | Rs | -26.0 | 1.2 | -2,202.4% | |
| Cash flow per share (Unadj.) | Rs | -13.5 | 1.5 | -915.8% | |
| Dividends per share (Unadj.) | Rs | 0 | 0 | - | |
| Avg Dividend yield | % | 0 | 0 | - | |
| Book value per share (Unadj.) | Rs | -43.0 | 1.8 | -2,449.5% | |
| Shares outstanding (eoy) | m | 36.14 | 530.09 | 6.8% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 0.2 | 2.4 | 6.3% | |
| Avg P/E ratio | x | -0.9 | 26.8 | -3.4% | |
| P/CF ratio (eoy) | x | -1.8 | 21.5 | -8.2% | |
| Price / Book Value ratio | x | -0.6 | 18.0 | -3.1% | |
| Dividend payout | % | 0 | 0 | - | |
| Avg Mkt Cap | Rs m | 860 | 16,738 | 5.1% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 120 | 417 | 28.8% | |
| 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 | 6,967 | 80.9% | |
| Other income | Rs m | 52 | 215 | 24.0% | |
| Total revenues | Rs m | 5,690 | 7,182 | 79.2% | |
| Gross profit | Rs m | -629 | 558 | -112.6% | |
| Depreciation | Rs m | 451 | 155 | 291.6% | |
| Interest | Rs m | 246 | 333 | 74.0% | |
| Profit before tax | Rs m | -1,275 | 286 | -445.7% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | -337 | -339 | 99.4% | |
| Profit after tax | Rs m | -938 | 625 | -150.2% | |
| Gross profit margin | % | -11.2 | 8.0 | -139.2% | |
| Effective tax rate | % | 26.4 | -118.4 | -22.3% | |
| Net profit margin | % | -16.6 | 9.0 | -185.5% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 765 | 3,468 | 22.1% | |
| Current liabilities | Rs m | 1,271 | 3,637 | 34.9% | |
| Net working cap to sales | % | -9.0 | -2.4 | 370.2% | |
| Current ratio | x | 0.6 | 1.0 | 63.1% | |
| Inventory Days | Days | 12 | 2 | 684.0% | |
| Debtors Days | Days | 133 | 254 | 52.5% | |
| Net fixed assets | Rs m | 2,190 | 2,065 | 106.0% | |
| Share capital | Rs m | 361 | 3,558 | 10.2% | |
| "Free" reserves | Rs m | -1,916 | -2,627 | 72.9% | |
| Net worth | Rs m | -1,554 | 931 | -167.0% | |
| Long term debt | Rs m | 3,188 | 1,223 | 260.6% | |
| Total assets | Rs m | 2,955 | 5,533 | 53.4% | |
| Interest coverage | x | -4.2 | 1.9 | -224.7% | |
| Debt to equity ratio | x | -2.1 | 1.3 | -156.0% | |
| Sales to assets ratio | x | 1.9 | 1.3 | 151.5% | |
| Return on assets | % | -23.4 | 17.3 | -135.4% | |
| Return on equity | % | 60.3 | 67.1 | 89.9% | |
| Return on capital | % | -63.0 | 28.7 | -219.3% | |
| Exports to sales | % | 0 | 36.9 | 0.0% | |
| Imports to sales | % | 0 | 17.0 | 0.0% | |
| Exports (fob) | Rs m | NA | 2,572 | 0.0% | |
| Imports (cif) | Rs m | NA | 1,186 | 0.0% | |
| Fx inflow | Rs m | 6 | 2,572 | 0.2% | |
| Fx outflow | Rs m | 0 | 1,186 | 0.0% | |
| Net fx | Rs m | 6 | 1,386 | 0.4% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | -105 | 75 | -139.9% | |
| From Investments | Rs m | -314 | -124 | 252.6% | |
| From Financial Activity | Rs m | 437 | 47 | 931.0% | |
| Net Cashflow | Rs m | 18 | -3 | -638.2% | |
Share Holding
| Indian Promoters | % | 44.2 | 55.2 | 80.0% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 1.3 | 0.0 | 3,300.0% | |
| FIIs | % | 0.0 | 0.0 | - | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 55.8 | 44.8 | 124.6% | |
| Shareholders | 155,715 | 96,406 | 161.5% | ||
| 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 REMI METALS
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 REMI METALS Share Price Performance
| Period | NOVA IRON & STEEL | REMI METALS | S&P BSE METAL |
|---|---|---|---|
| 1-Day | -1.39% | 4.63% | 0.20% |
| 1-Month | -7.72% | 0.84% | -1.90% |
| 1-Year | -6.26% | 4.32% | 25.80% |
| 3-Year CAGR | 19.63% | 44.32% | 15.28% |
| 5-Year CAGR | 45.04% | 33.75% | 25.59% |
* Compound Annual Growth Rate
Here are more details on the NOVA IRON & STEEL share price and the REMI METALS share price.
Moving on to shareholding structures...
The promoters of NOVA IRON & STEEL hold a 44.2% stake in the company. In case of REMI METALS the stake stands at 55.2%.
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 REMI METALS.
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%.
REMI METALS 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 REMI METALS.
For a sector overview, read our steel sector report.
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