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- Indian - steel
- NOVA IRON & STEEL - VARDHMAN SPECIAL
NOVA IRON & STEEL vs VARDHMAN SPECIAL - Comparison Results
Current Valuations
| NOVA IRON & STEEL | VARDHMAN SPECIAL | NOVA IRON & STEEL/ VARDHMAN SPECIAL |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | -1.0 | 20.2 | - | View Chart |
| P/BV | x | - | 3.0 | - | View Chart |
| Dividend Yield | % | 0.0 | 0.8 | - |
Financials
 NOVA IRON & STEEL  VARDHMAN SPECIAL |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| NOVA IRON & STEEL Mar-24 |
VARDHMAN SPECIAL Mar-24 |
NOVA IRON & STEEL/ VARDHMAN SPECIAL |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 40 | 430 | 9.2% | |
| Low | Rs | 8 | 171 | 4.6% | |
| Sales per share (Unadj.) | Rs | 156.0 | 203.9 | 76.5% | |
| Earnings per share (Unadj.) | Rs | -26.0 | 11.2 | -230.7% | |
| Cash flow per share (Unadj.) | Rs | -13.5 | 15.1 | -89.5% | |
| Dividends per share (Unadj.) | Rs | 0 | 2.00 | 0.0% | |
| Avg Dividend yield | % | 0 | 0.7 | 0.0% | |
| Book value per share (Unadj.) | Rs | -43.0 | 88.1 | -48.8% | |
| Shares outstanding (eoy) | m | 36.14 | 81.46 | 44.4% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 0.2 | 1.5 | 10.4% | |
| Avg P/E ratio | x | -0.9 | 26.7 | -3.4% | |
| P/CF ratio (eoy) | x | -1.8 | 20.0 | -8.9% | |
| Price / Book Value ratio | x | -0.6 | 3.4 | -16.2% | |
| Dividend payout | % | 0 | 17.8 | -0.0% | |
| Avg Mkt Cap | Rs m | 860 | 24,479 | 3.5% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 120 | 962 | 12.5% | |
| 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 | 16,614 | 33.9% | |
| Other income | Rs m | 52 | 299 | 17.3% | |
| Total revenues | Rs m | 5,690 | 16,913 | 33.6% | |
| Gross profit | Rs m | -629 | 1,423 | -44.2% | |
| Depreciation | Rs m | 451 | 310 | 145.7% | |
| Interest | Rs m | 246 | 184 | 133.6% | |
| Profit before tax | Rs m | -1,275 | 1,229 | -103.7% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | -337 | 312 | -107.8% | |
| Profit after tax | Rs m | -938 | 916 | -102.4% | |
| Gross profit margin | % | -11.2 | 8.6 | -130.2% | |
| Effective tax rate | % | 26.4 | 25.4 | 103.9% | |
| Net profit margin | % | -16.6 | 5.5 | -301.7% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 765 | 6,987 | 10.9% | |
| Current liabilities | Rs m | 1,271 | 3,146 | 40.4% | |
| Net working cap to sales | % | -9.0 | 23.1 | -38.8% | |
| Current ratio | x | 0.6 | 2.2 | 27.1% | |
| Inventory Days | Days | 12 | 29 | 39.7% | |
| Debtors Days | Days | 133 | 576 | 23.2% | |
| Net fixed assets | Rs m | 2,190 | 4,581 | 47.8% | |
| Share capital | Rs m | 361 | 815 | 44.4% | |
| "Free" reserves | Rs m | -1,916 | 6,361 | -30.1% | |
| Net worth | Rs m | -1,554 | 7,176 | -21.7% | |
| Long term debt | Rs m | 3,188 | 141 | 2,260.9% | |
| Total assets | Rs m | 2,955 | 11,638 | 25.4% | |
| Interest coverage | x | -4.2 | 7.7 | -54.5% | |
| Debt to equity ratio | x | -2.1 | 0 | -10,437.4% | |
| Sales to assets ratio | x | 1.9 | 1.4 | 133.7% | |
| Return on assets | % | -23.4 | 9.5 | -247.7% | |
| Return on equity | % | 60.3 | 12.8 | 472.6% | |
| Return on capital | % | -63.0 | 19.3 | -326.1% | |
| Exports to sales | % | 0 | 3.7 | 0.0% | |
| Imports to sales | % | 0 | 5.8 | 0.0% | |
| Exports (fob) | Rs m | NA | 623 | 0.0% | |
| Imports (cif) | Rs m | NA | 959 | 0.0% | |
| Fx inflow | Rs m | 6 | 623 | 1.0% | |
| Fx outflow | Rs m | 0 | 959 | 0.0% | |
| Net fx | Rs m | 6 | -336 | -1.8% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | -105 | 1,424 | -7.3% | |
| From Investments | Rs m | -314 | -501 | 62.7% | |
| From Financial Activity | Rs m | 437 | -942 | -46.4% | |
| Net Cashflow | Rs m | 18 | -19 | -94.3% | |
Share Holding
| Indian Promoters | % | 44.2 | 60.5 | 73.0% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 1.3 | 4.5 | 29.6% | |
| FIIs | % | 0.0 | 0.6 | - | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 55.8 | 39.5 | 141.5% | |
| Shareholders | 155,715 | 35,229 | 442.0% | ||
| 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 Vardhman Special
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 Vardhman Special Share Price Performance
| Period | NOVA IRON & STEEL | Vardhman Special | S&P BSE METAL |
|---|---|---|---|
| 1-Day | 1.63% | 1.95% | 1.65% |
| 1-Month | -13.80% | -0.04% | -4.64% |
| 1-Year | -7.06% | 22.21% | 27.85% |
| 3-Year CAGR | 24.93% | 2.19% | 16.54% |
| 5-Year CAGR | 43.97% | 32.39% | 26.37% |
* Compound Annual Growth Rate
Here are more details on the NOVA IRON & STEEL share price and the Vardhman Special share price.
Moving on to shareholding structures...
The promoters of NOVA IRON & STEEL hold a 44.2% stake in the company. In case of Vardhman Special the stake stands at 60.5%.
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 Vardhman Special.
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%.
Vardhman Special paid Rs 2.0, and its dividend payout ratio stood at 17.8%.
You may visit here to review the dividend history of NOVA IRON & STEEL, and the dividend history of Vardhman Special.
For a sector overview, read our steel sector report.
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