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- Indian - steel
- NOVA IRON & STEEL - JSW STEEL
NOVA IRON & STEEL vs JSW STEEL - Comparison Results
Current Valuations
| NOVA IRON & STEEL | JSW STEEL | NOVA IRON & STEEL/ JSW STEEL |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 8.2 | 18.9 | 43.5% | View Chart |
| P/BV | x | - | 3.3 | - | View Chart |
| Dividend Yield | % | 0.0 | 0.4 | - |
Financials
 NOVA IRON & STEEL  JSW STEEL |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| NOVA IRON & STEEL Mar-23 |
JSW STEEL Mar-23 |
NOVA IRON & STEEL/ JSW STEEL |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 10 | 790 | 1.3% | |
| Low | Rs | 8 | 520 | 1.4% | |
| Sales per share (Unadj.) | Rs | 193.2 | 690.2 | 28.0% | |
| Earnings per share (Unadj.) | Rs | -0.5 | 17.2 | -2.9% | |
| Cash flow per share (Unadj.) | Rs | 2.2 | 48.3 | 4.7% | |
| Dividends per share (Unadj.) | Rs | 0 | 3.40 | 0.0% | |
| Avg Dividend yield | % | 0 | 0.5 | 0.0% | |
| Book value per share (Unadj.) | Rs | -14.6 | 271.5 | -5.4% | |
| Shares outstanding (eoy) | m | 36.14 | 2,404.36 | 1.5% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 0 | 0.9 | 4.9% | |
| Avg P/E ratio | x | -18.1 | 38.1 | -47.6% | |
| P/CF ratio (eoy) | x | 4.0 | 13.6 | 29.5% | |
| Price / Book Value ratio | x | -0.6 | 2.4 | -25.6% | |
| Dividend payout | % | 0 | 19.8 | -0.0% | |
| Avg Mkt Cap | Rs m | 325 | 1,574,914 | 0.0% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 84 | 39,150 | 0.2% | |
| 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 | 6,981 | 1,659,600 | 0.4% | |
| Other income | Rs m | 50 | 10,300 | 0.5% | |
| Total revenues | Rs m | 7,031 | 1,669,900 | 0.4% | |
| Gross profit | Rs m | 256 | 190,010 | 0.1% | |
| Depreciation | Rs m | 99 | 74,740 | 0.1% | |
| Interest | Rs m | 173 | 69,020 | 0.3% | |
| Profit before tax | Rs m | 34 | 56,550 | 0.1% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 52 | 15,160 | 0.3% | |
| Profit after tax | Rs m | -18 | 41,390 | -0.0% | |
| Gross profit margin | % | 3.7 | 11.4 | 32.0% | |
| Effective tax rate | % | 152.6 | 26.8 | 569.4% | |
| Net profit margin | % | -0.3 | 2.5 | -10.3% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 1,222 | 681,460 | 0.2% | |
| Current liabilities | Rs m | 1,997 | 699,630 | 0.3% | |
| Net working cap to sales | % | -11.1 | -1.1 | 1,014.5% | |
| Current ratio | x | 0.6 | 1.0 | 62.8% | |
| Inventory Days | Days | 8 | 35 | 23.7% | |
| Debtors Days | Days | 4 | 2 | 268.9% | |
| Net fixed assets | Rs m | 3,767 | 1,423,890 | 0.3% | |
| Share capital | Rs m | 361 | 3,010 | 12.0% | |
| "Free" reserves | Rs m | -888 | 649,860 | -0.1% | |
| Net worth | Rs m | -527 | 652,870 | -0.1% | |
| Long term debt | Rs m | 3,127 | 619,660 | 0.5% | |
| Total assets | Rs m | 4,989 | 2,105,390 | 0.2% | |
| Interest coverage | x | 1.2 | 1.8 | 65.8% | |
| Debt to equity ratio | x | -5.9 | 0.9 | -625.4% | |
| Sales to assets ratio | x | 1.4 | 0.8 | 177.5% | |
| Return on assets | % | 3.1 | 5.2 | 59.3% | |
| Return on equity | % | 3.4 | 6.3 | 53.7% | |
| Return on capital | % | 8.0 | 9.9 | 80.7% | |
| Exports to sales | % | 0 | 6.5 | 0.0% | |
| Imports to sales | % | 0 | 28.4 | 0.0% | |
| Exports (fob) | Rs m | NA | 107,310 | 0.0% | |
| Imports (cif) | Rs m | NA | 471,450 | 0.0% | |
| Fx inflow | Rs m | 0 | 113,270 | 0.0% | |
| Fx outflow | Rs m | 0 | 512,280 | 0.0% | |
| Net fx | Rs m | 0 | -399,010 | -0.0% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 182 | 233,230 | 0.1% | |
| From Investments | Rs m | -13 | -107,110 | 0.0% | |
| From Financial Activity | Rs m | -170 | -59,770 | 0.3% | |
| Net Cashflow | Rs m | -1 | 66,160 | -0.0% | |
Share Holding
| Indian Promoters | % | 44.2 | 43.3 | 102.1% | |
| Foreign collaborators | % | 0.0 | 1.6 | - | |
| Indian inst/Mut Fund | % | 1.3 | 36.4 | 3.6% | |
| FIIs | % | 0.0 | 26.1 | - | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 55.8 | 55.2 | 101.2% | |
| Shareholders | 155,769 | 671,779 | 23.2% | ||
| Pledged promoter(s) holding | % | 0.0 | 13.1 | - |
Compare NOVA IRON & STEEL With: TATA STEEL RATNAMANI METALS VENUS PIPES & TUBES JINDAL STAINLESS SHANKARA BUILDING PRODUCTS
More on NOVA IRON & STEEL vs JSW Steel
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 JSW Steel Share Price Performance
| Period | NOVA IRON & STEEL | JSW Steel | S&P BSE METAL |
|---|---|---|---|
| 1-Day | -1.96% | -2.09% | -0.07% |
| 1-Month | 8.00% | 7.93% | 12.22% |
| 1-Year | 203.71% | 22.48% | 57.74% |
| 3-Year CAGR | 36.87% | 10.56% | 23.90% |
| 5-Year CAGR | 37.77% | 24.72% | 22.57% |
* Compound Annual Growth Rate
Here are more details on the NOVA IRON & STEEL share price and the JSW Steel share price.
Moving on to shareholding structures...
The promoters of NOVA IRON & STEEL hold a 44.2% stake in the company. In case of JSW Steel the stake stands at 44.8%.
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 JSW Steel.
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%.
JSW Steel paid Rs 3.4, and its dividend payout ratio stood at 19.8%.
You may visit here to review the dividend history of NOVA IRON & STEEL, and the dividend history of JSW Steel.
For a sector overview, read our steel sector report.
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