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NOVA IRON & STEEL vs ELECTROSTEEL STEELS - Comparison Results

Rs 100 invested in...

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Current Valuations

    NOVA IRON & STEEL ELECTROSTEEL STEELS NOVA IRON & STEEL/
ELECTROSTEEL STEELS
 
P/E (TTM) x 8.2 -1.3 - View Chart
P/BV x - 1.1 - View Chart
Dividend Yield % 0.0 0.0 -  

Financials

 NOVA IRON & STEEL   ELECTROSTEEL STEELS
EQUITY SHARE DATA
    NOVA IRON & STEEL
Mar-23
ELECTROSTEEL STEELS
Mar-23
NOVA IRON & STEEL/
ELECTROSTEEL STEELS
5-Yr Chart
Click to enlarge
High Rs10NA-   
Low Rs8NA-   
Sales per share (Unadj.) Rs193.243.1 447.7%  
Earnings per share (Unadj.) Rs-0.5-3.0 16.4%  
Cash flow per share (Unadj.) Rs2.2-0.6 -363.8%  
Dividends per share (Unadj.) Rs00-  
Avg Dividend yield %00- 
Book value per share (Unadj.) Rs-14.630.1 -48.4%  
Shares outstanding (eoy) m36.141,849.03 2.0%   
Bonus / Rights / Conversions 00-  
Price / Sales ratio x00-   
Avg P/E ratio x-18.10-  
P/CF ratio (eoy) x4.00-  
Price / Book Value ratio x-0.60-  
Dividend payout %00-   
Avg Mkt Cap Rs m3250-   
No. of employees `000NANA-   
Total wages/salary Rs m842,133 3.9%   
Avg. sales/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Net Sales Rs m6,98179,776 8.8%  
Other income Rs m50747 6.7%   
Total revenues Rs m7,03180,523 8.7%   
Gross profit Rs m2562,743 9.3%  
Depreciation Rs m994,438 2.2%   
Interest Rs m1733,761 4.6%   
Profit before tax Rs m34-4,708 -0.7%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m52871 6.0%   
Profit after tax Rs m-18-5,579 0.3%  
Gross profit margin %3.73.4 106.7%  
Effective tax rate %152.6-18.5 -824.7%   
Net profit margin %-0.3-7.0 3.7%  
BALANCE SHEET DATA
Current assets Rs m1,22222,972 5.3%   
Current liabilities Rs m1,99734,992 5.7%   
Net working cap to sales %-11.1-15.1 73.7%  
Current ratio x0.60.7 93.2%  
Inventory Days Days88 107.5%  
Debtors Days Days4114 3.7%  
Net fixed assets Rs m3,76763,996 5.9%   
Share capital Rs m36118,490 2.0%   
"Free" reserves Rs m-88837,180 -2.4%   
Net worth Rs m-52755,671 -0.9%   
Long term debt Rs m3,12719,455 16.1%   
Total assets Rs m4,98986,968 5.7%  
Interest coverage x1.2-0.3 -475.2%   
Debt to equity ratio x-5.90.3 -1,698.6%  
Sales to assets ratio x1.40.9 152.5%   
Return on assets %3.1-2.1 -148.6%  
Return on equity %3.4-10.0 -34.0%  
Return on capital %8.0-1.3 -631.5%  
Exports to sales %04.8 0.0%   
Imports to sales %015.3 0.0%   
Exports (fob) Rs mNA3,812 0.0%   
Imports (cif) Rs mNA12,187 0.0%   
Fx inflow Rs m03,812 0.0%   
Fx outflow Rs m012,187 0.0%   
Net fx Rs m0-8,375 -0.0%   
CASH FLOW
From Operations Rs m1829,545 1.9%  
From Investments Rs m-13-399 3.3%  
From Financial Activity Rs m-170-9,437 1.8%  
Net Cashflow Rs m-1-291 0.4%  

Share Holding

Indian Promoters % 44.2 90.0 49.1%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 1.3 7.1 18.7%  
FIIs % 0.0 0.0 -  
ADR/GDR % 0.0 0.0 -  
Free float % 55.8 10.0 558.4%  
Shareholders   155,769 81,213 191.8%  
Pledged promoter(s) holding % 0.0 79.5 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare NOVA IRON & STEEL With:   TATA STEEL    JSW STEEL    RATNAMANI METALS    VENUS PIPES & TUBES    JINDAL STAINLESS    


More on NOVA IRON & STEEL vs ELECTROSTEEL STEELS

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 ELECTROSTEEL STEELS Share Price Performance

Period NOVA IRON & STEEL ELECTROSTEEL STEELS S&P BSE METAL
1-Day -1.96% -4.90% -0.07%
1-Month 8.00% 37.09% 12.22%
1-Year 203.71% 416.64% 57.74%
3-Year CAGR 36.87% 100.71% 23.90%
5-Year CAGR 37.77% 53.36% 22.57%

* Compound Annual Growth Rate

Here are more details on the NOVA IRON & STEEL share price and the ELECTROSTEEL STEELS share price.

Moving on to shareholding structures...

The promoters of NOVA IRON & STEEL hold a 44.2% stake in the company. In case of ELECTROSTEEL STEELS the stake stands at 90.0%.

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 ELECTROSTEEL STEELS.

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%.

ELECTROSTEEL STEELS 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 ELECTROSTEEL STEELS.

For a sector overview, read our steel sector report.



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