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- Indian - steel
- NOVA IRON & STEEL - VENUS PIPES & TUBES
NOVA IRON & STEEL vs VENUS PIPES & TUBES - Comparison Results
Current Valuations
| NOVA IRON & STEEL | VENUS PIPES & TUBES | NOVA IRON & STEEL/ VENUS PIPES & TUBES |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | -1.0 | 33.4 | - | View Chart |
| P/BV | x | - | 8.2 | - | View Chart |
| Dividend Yield | % | 0.0 | 0.1 | - |
Financials
 NOVA IRON & STEEL  VENUS PIPES & TUBES |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| NOVA IRON & STEEL Mar-24 |
VENUS PIPES & TUBES Mar-24 |
NOVA IRON & STEEL/ VENUS PIPES & TUBES |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 40 | 1,930 | 2.1% | |
| Low | Rs | 8 | 679 | 1.2% | |
| Sales per share (Unadj.) | Rs | 156.0 | 395.2 | 39.5% | |
| Earnings per share (Unadj.) | Rs | -26.0 | 42.4 | -61.3% | |
| Cash flow per share (Unadj.) | Rs | -13.5 | 48.2 | -28.0% | |
| Dividends per share (Unadj.) | Rs | 0 | 1.00 | 0.0% | |
| Avg Dividend yield | % | 0 | 0.1 | 0.0% | |
| Book value per share (Unadj.) | Rs | -43.0 | 200.0 | -21.5% | |
| Shares outstanding (eoy) | m | 36.14 | 20.30 | 178.0% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 0.2 | 3.3 | 4.6% | |
| Avg P/E ratio | x | -0.9 | 30.8 | -3.0% | |
| P/CF ratio (eoy) | x | -1.8 | 27.1 | -6.5% | |
| Price / Book Value ratio | x | -0.6 | 6.5 | -8.5% | |
| Dividend payout | % | 0 | 2.4 | -0.0% | |
| Avg Mkt Cap | Rs m | 860 | 26,471 | 3.2% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 120 | 224 | 53.7% | |
| Avg. sales/employee | Rs Th | 0 | 0 | - | |
| Avg. wages/employee | Rs Th | 0 | 0 | - | |
| Avg. net profit/employee | Rs Th | 0 | 0 | - | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 5,638 | 8,022 | 70.3% | |
| Other income | Rs m | 52 | 32 | 162.6% | |
| Total revenues | Rs m | 5,690 | 8,054 | 70.6% | |
| Gross profit | Rs m | -629 | 1,463 | -43.0% | |
| Depreciation | Rs m | 451 | 118 | 383.5% | |
| Interest | Rs m | 246 | 221 | 111.4% | |
| Profit before tax | Rs m | -1,275 | 1,156 | -110.2% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | -337 | 297 | -113.5% | |
| Profit after tax | Rs m | -938 | 860 | -109.1% | |
| Gross profit margin | % | -11.2 | 18.2 | -61.1% | |
| Effective tax rate | % | 26.4 | 25.7 | 102.9% | |
| Net profit margin | % | -16.6 | 10.7 | -155.2% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 765 | 4,693 | 16.3% | |
| Current liabilities | Rs m | 1,271 | 3,229 | 39.4% | |
| Net working cap to sales | % | -9.0 | 18.2 | -49.2% | |
| Current ratio | x | 0.6 | 1.5 | 41.4% | |
| Inventory Days | Days | 12 | 5 | 222.8% | |
| Debtors Days | Days | 133 | 81 | 165.5% | |
| Net fixed assets | Rs m | 2,190 | 3,022 | 72.5% | |
| Share capital | Rs m | 361 | 203 | 178.1% | |
| "Free" reserves | Rs m | -1,916 | 3,858 | -49.7% | |
| Net worth | Rs m | -1,554 | 4,061 | -38.3% | |
| Long term debt | Rs m | 3,188 | 340 | 938.8% | |
| Total assets | Rs m | 2,955 | 7,715 | 38.3% | |
| Interest coverage | x | -4.2 | 6.2 | -67.0% | |
| Debt to equity ratio | x | -2.1 | 0.1 | -2,452.6% | |
| Sales to assets ratio | x | 1.9 | 1.0 | 183.5% | |
| Return on assets | % | -23.4 | 14.0 | -167.2% | |
| Return on equity | % | 60.3 | 21.2 | 285.0% | |
| Return on capital | % | -63.0 | 31.3 | -201.2% | |
| 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 | 987 | 0.6% | |
| Fx outflow | Rs m | 0 | 1,177 | 0.0% | |
| Net fx | Rs m | 6 | -189 | -3.2% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | -105 | 522 | -20.0% | |
| From Investments | Rs m | -314 | -997 | 31.5% | |
| From Financial Activity | Rs m | 437 | 378 | 115.6% | |
| Net Cashflow | Rs m | 18 | -97 | -18.4% | |
Share Holding
| Indian Promoters | % | 44.2 | 47.9 | 92.1% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 1.3 | 19.4 | 6.8% | |
| FIIs | % | 0.0 | 5.3 | - | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 55.8 | 52.1 | 107.3% | |
| Shareholders | 155,715 | 50,831 | 306.3% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare NOVA IRON & STEEL With: TATA STEEL JSW STEEL RATNAMANI METALS PRAKASH INDUSTRIES SHANKARA BUILDING PRODUCTS
More on NOVA IRON & STEEL vs VENUS PIPES & TUBES
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 VENUS PIPES & TUBES Share Price Performance
| Period | NOVA IRON & STEEL | VENUS PIPES & TUBES | S&P BSE METAL |
|---|---|---|---|
| 1-Day | 1.63% | -0.46% | 1.65% |
| 1-Month | -13.80% | -5.97% | -4.64% |
| 1-Year | -7.06% | 16.10% | 27.85% |
| 3-Year CAGR | 24.93% | 66.71% | 16.54% |
| 5-Year CAGR | 43.97% | 35.89% | 26.37% |
* Compound Annual Growth Rate
Here are more details on the NOVA IRON & STEEL share price and the VENUS PIPES & TUBES share price.
Moving on to shareholding structures...
The promoters of NOVA IRON & STEEL hold a 44.2% stake in the company. In case of VENUS PIPES & TUBES the stake stands at 47.9%.
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 VENUS PIPES & TUBES.
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%.
VENUS PIPES & TUBES paid Rs 1.0, and its dividend payout ratio stood at 2.4%.
You may visit here to review the dividend history of NOVA IRON & STEEL, and the dividend history of VENUS PIPES & TUBES.
For a sector overview, read our steel sector report.
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