NOVA IRON & STEEL | TINPLATE | NOVA IRON & STEEL/ TINPLATE |
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P/E (TTM) | x | -1.0 | 48.3 | - | View Chart |
P/BV | x | - | 3.6 | - | View Chart |
Dividend Yield | % | 0.0 | 0.7 | - |
NOVA IRON & STEEL TINPLATE |
EQUITY SHARE DATA | |||||
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NOVA IRON & STEEL Mar-24 |
TINPLATE Mar-23 |
NOVA IRON & STEEL/ TINPLATE |
5-Yr Chart Click to enlarge
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High | Rs | 40 | 443 | 9.0% | |
Low | Rs | 8 | 291 | 2.7% | |
Sales per share (Unadj.) | Rs | 156.0 | 378.2 | 41.2% | |
Earnings per share (Unadj.) | Rs | -26.0 | 13.6 | -190.2% | |
Cash flow per share (Unadj.) | Rs | -13.5 | 19.8 | -68.0% | |
Dividends per share (Unadj.) | Rs | 0 | 3.00 | 0.0% | |
Avg Dividend yield | % | 0 | 0.8 | 0.0% | |
Book value per share (Unadj.) | Rs | -43.0 | 120.7 | -35.6% | |
Shares outstanding (eoy) | m | 36.14 | 104.67 | 34.5% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Price / Sales ratio | x | 0.2 | 1.0 | 15.7% | |
Avg P/E ratio | x | -0.9 | 26.9 | -3.4% | |
P/CF ratio (eoy) | x | -1.8 | 18.5 | -9.5% | |
Price / Book Value ratio | x | -0.6 | 3.0 | -18.2% | |
Dividend payout | % | 0 | 22.0 | -0.0% | |
Avg Mkt Cap | Rs m | 860 | 38,421 | 2.2% | |
No. of employees | `000 | NA | NA | - | |
Total wages/salary | Rs m | 120 | 1,553 | 7.7% | |
Avg. sales/employee | Rs Th | 0 | 0 | - | |
Avg. wages/employee | Rs Th | 0 | 0 | - | |
Avg. net profit/employee | Rs Th | 0 | 0 | - |
INCOME DATA | |||||
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Net Sales | Rs m | 5,638 | 39,589 | 14.2% | |
Other income | Rs m | 52 | 568 | 9.1% | |
Total revenues | Rs m | 5,690 | 40,157 | 14.2% | |
Gross profit | Rs m | -629 | 2,128 | -29.5% | |
Depreciation | Rs m | 451 | 645 | 70.0% | |
Interest | Rs m | 246 | 122 | 201.5% | |
Profit before tax | Rs m | -1,275 | 1,929 | -66.1% | |
Minority Interest | Rs m | 0 | 0 | - | |
Prior Period Items | Rs m | 0 | 0 | - | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Tax | Rs m | -337 | 501 | -67.2% | |
Profit after tax | Rs m | -938 | 1,428 | -65.7% | |
Gross profit margin | % | -11.2 | 5.4 | -207.5% | |
Effective tax rate | % | 26.4 | 26.0 | 101.7% | |
Net profit margin | % | -16.6 | 3.6 | -461.2% |
BALANCE SHEET DATA | |||||
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Current assets | Rs m | 765 | 13,904 | 5.5% | |
Current liabilities | Rs m | 1,271 | 6,395 | 19.9% | |
Net working cap to sales | % | -9.0 | 19.0 | -47.3% | |
Current ratio | x | 0.6 | 2.2 | 27.7% | |
Inventory Days | Days | 12 | 59 | 19.7% | |
Debtors Days | Days | 133 | 19 | 694.0% | |
Net fixed assets | Rs m | 2,190 | 10,128 | 21.6% | |
Share capital | Rs m | 361 | 1,048 | 34.5% | |
"Free" reserves | Rs m | -1,916 | 11,583 | -16.5% | |
Net worth | Rs m | -1,554 | 12,631 | -12.3% | |
Long term debt | Rs m | 3,188 | 0 | - | |
Total assets | Rs m | 2,955 | 24,033 | 12.3% | |
Interest coverage | x | -4.2 | 16.8 | -24.9% | |
Debt to equity ratio | x | -2.1 | 0 | - | |
Sales to assets ratio | x | 1.9 | 1.6 | 115.8% | |
Return on assets | % | -23.4 | 6.5 | -363.0% | |
Return on equity | % | 60.3 | 11.3 | 533.7% | |
Return on capital | % | -63.0 | 16.2 | -387.8% | |
Exports to sales | % | 0 | 18.2 | 0.0% | |
Imports to sales | % | 0 | 8.8 | 0.0% | |
Exports (fob) | Rs m | NA | 7,196 | 0.0% | |
Imports (cif) | Rs m | NA | 3,469 | 0.0% | |
Fx inflow | Rs m | 6 | 7,196 | 0.1% | |
Fx outflow | Rs m | 0 | 3,527 | 0.0% | |
Net fx | Rs m | 6 | 3,669 | 0.2% |
CASH FLOW | |||||
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From Operations | Rs m | -105 | 2,153 | -4.9% | |
From Investments | Rs m | -314 | -2,690 | 11.7% | |
From Financial Activity | Rs m | 437 | -556 | -78.6% | |
Net Cashflow | Rs m | 18 | -1,093 | -1.6% |
Indian Promoters | % | 44.2 | 75.0 | 58.9% | |
Foreign collaborators | % | 0.0 | 0.0 | - | |
Indian inst/Mut Fund | % | 1.3 | 2.8 | 47.5% | |
FIIs | % | 0.0 | 2.5 | - | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 55.8 | 25.0 | 223.0% | |
Shareholders | 155,715 | 75,167 | 207.2% | ||
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
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
Period | NOVA IRON & STEEL | TINPLATE | S&P BSE METAL |
---|---|---|---|
1-Day | 1.63% | -0.45% | 1.65% |
1-Month | -13.80% | -2.57% | -4.64% |
1-Year | -7.06% | 20.05% | 27.85% |
3-Year CAGR | 24.93% | 33.83% | 16.54% |
5-Year CAGR | 43.97% | 24.12% | 26.37% |
* Compound Annual Growth Rate
Here are more details on the NOVA IRON & STEEL share price and the TINPLATE share price.
Moving on to shareholding structures...
The promoters of NOVA IRON & STEEL hold a 44.2% stake in the company. In case of TINPLATE 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 TINPLATE.
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%.
TINPLATE paid Rs 3.0, and its dividend payout ratio stood at 22.0%.
You may visit here to review the dividend history of NOVA IRON & STEEL, and the dividend history of TINPLATE.
For a sector overview, read our steel sector report.
After opening the day higher, Indian benchmark indices remained positive as the session progressed and ended the day on firm footing.