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- Indian - steel
- NOVA IRON & STEEL - SURAJ STAINLESS
NOVA IRON & STEEL vs SURAJ STAINLESS - Comparison Results
Current Valuations
| NOVA IRON & STEEL | SURAJ STAINLESS | NOVA IRON & STEEL/ SURAJ STAINLESS |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | -1.0 | 37.6 | - | View Chart |
| P/BV | x | - | 6.5 | - | View Chart |
| Dividend Yield | % | 0.0 | 0.3 | - |
Financials
 NOVA IRON & STEEL  SURAJ STAINLESS |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| NOVA IRON & STEEL Mar-24 |
SURAJ STAINLESS Mar-24 |
NOVA IRON & STEEL/ SURAJ STAINLESS |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 40 | 251 | 15.8% | |
| Low | Rs | 8 | 72 | 11.0% | |
| Sales per share (Unadj.) | Rs | 156.0 | 180.1 | 86.6% | |
| Earnings per share (Unadj.) | Rs | -26.0 | 11.7 | -221.4% | |
| Cash flow per share (Unadj.) | Rs | -13.5 | 16.8 | -80.0% | |
| Dividends per share (Unadj.) | Rs | 0 | 1.50 | 0.0% | |
| Avg Dividend yield | % | 0 | 0.9 | 0.0% | |
| Book value per share (Unadj.) | Rs | -43.0 | 66.7 | -64.5% | |
| Shares outstanding (eoy) | m | 36.14 | 18.36 | 196.8% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 0.2 | 0.9 | 17.0% | |
| Avg P/E ratio | x | -0.9 | 13.8 | -6.7% | |
| P/CF ratio (eoy) | x | -1.8 | 9.6 | -18.4% | |
| Price / Book Value ratio | x | -0.6 | 2.4 | -22.9% | |
| Dividend payout | % | 0 | 12.8 | -0.0% | |
| Avg Mkt Cap | Rs m | 860 | 2,965 | 29.0% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 120 | 223 | 53.8% | |
| 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 | 3,307 | 170.5% | |
| Other income | Rs m | 52 | 35 | 149.6% | |
| Total revenues | Rs m | 5,690 | 3,341 | 170.3% | |
| Gross profit | Rs m | -629 | 403 | -155.9% | |
| Depreciation | Rs m | 451 | 94 | 480.9% | |
| Interest | Rs m | 246 | 37 | 670.5% | |
| Profit before tax | Rs m | -1,275 | 307 | -414.7% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | -337 | 92 | -365.5% | |
| Profit after tax | Rs m | -938 | 215 | -435.8% | |
| Gross profit margin | % | -11.2 | 12.2 | -91.4% | |
| Effective tax rate | % | 26.4 | 30.0 | 88.1% | |
| Net profit margin | % | -16.6 | 6.5 | -255.6% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 765 | 716 | 106.8% | |
| Current liabilities | Rs m | 1,271 | 617 | 205.9% | |
| Net working cap to sales | % | -9.0 | 3.0 | -299.6% | |
| Current ratio | x | 0.6 | 1.2 | 51.9% | |
| Inventory Days | Days | 12 | 32 | 35.9% | |
| Debtors Days | Days | 133 | 378 | 35.3% | |
| Net fixed assets | Rs m | 2,190 | 1,140 | 192.1% | |
| Share capital | Rs m | 361 | 184 | 196.8% | |
| "Free" reserves | Rs m | -1,916 | 1,042 | -183.9% | |
| Net worth | Rs m | -1,554 | 1,225 | -126.9% | |
| Long term debt | Rs m | 3,188 | 0 | - | |
| Total assets | Rs m | 2,955 | 1,856 | 159.2% | |
| Interest coverage | x | -4.2 | 9.4 | -44.6% | |
| Debt to equity ratio | x | -2.1 | 0 | - | |
| Sales to assets ratio | x | 1.9 | 1.8 | 107.1% | |
| Return on assets | % | -23.4 | 13.6 | -172.5% | |
| Return on equity | % | 60.3 | 17.6 | 343.5% | |
| Return on capital | % | -63.0 | 28.1 | -224.3% | |
| Exports to sales | % | 0 | 65.3 | 0.0% | |
| Imports to sales | % | 0 | 40.5 | 0.0% | |
| Exports (fob) | Rs m | NA | 2,161 | 0.0% | |
| Imports (cif) | Rs m | NA | 1,338 | 0.0% | |
| Fx inflow | Rs m | 6 | 2,161 | 0.3% | |
| Fx outflow | Rs m | 0 | 1,351 | 0.0% | |
| Net fx | Rs m | 6 | 810 | 0.7% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | -105 | 408 | -25.6% | |
| From Investments | Rs m | -314 | -470 | 66.9% | |
| From Financial Activity | Rs m | 437 | 58 | 750.2% | |
| Net Cashflow | Rs m | 18 | -4 | -493.6% | |
Share Holding
| Indian Promoters | % | 44.2 | 75.0 | 58.9% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 1.3 | 0.4 | 347.4% | |
| FIIs | % | 0.0 | 0.0 | - | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 55.8 | 25.0 | 223.4% | |
| Shareholders | 155,715 | 3,192 | 4,878.3% | ||
| 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 SURAJ STAINLESS
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 SURAJ STAINLESS Share Price Performance
| Period | NOVA IRON & STEEL | SURAJ STAINLESS | S&P BSE METAL |
|---|---|---|---|
| 1-Day | -1.39% | 0.08% | 0.20% |
| 1-Month | -7.72% | -2.47% | -1.90% |
| 1-Year | -6.26% | 146.44% | 25.80% |
| 3-Year CAGR | 19.63% | 104.34% | 15.28% |
| 5-Year CAGR | 45.04% | 64.77% | 25.59% |
* Compound Annual Growth Rate
Here are more details on the NOVA IRON & STEEL share price and the SURAJ STAINLESS share price.
Moving on to shareholding structures...
The promoters of NOVA IRON & STEEL hold a 44.2% stake in the company. In case of SURAJ STAINLESS the stake stands at 75.0%.
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 SURAJ STAINLESS.
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%.
SURAJ STAINLESS paid Rs 1.5, and its dividend payout ratio stood at 12.8%.
You may visit here to review the dividend history of NOVA IRON & STEEL, and the dividend history of SURAJ STAINLESS.
For a sector overview, read our steel sector report.
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