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- Indian - steel
- NOVA IRON & STEEL - JINDAL STAINLESS
NOVA IRON & STEEL vs JINDAL STAINLESS - Comparison Results
Current Valuations
| NOVA IRON & STEEL | JINDAL STAINLESS | NOVA IRON & STEEL/ JINDAL STAINLESS |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 8.2 | 20.5 | 40.1% | View Chart |
| P/BV | x | - | 4.8 | - | View Chart |
| Dividend Yield | % | 0.0 | 0.4 | - |
Financials
 NOVA IRON & STEEL  JINDAL STAINLESS |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| NOVA IRON & STEEL Mar-23 |
JINDAL STAINLESS Mar-23 |
NOVA IRON & STEEL/ JINDAL STAINLESS |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 10 | 329 | 3.2% | |
| Low | Rs | 8 | 95 | 7.9% | |
| Sales per share (Unadj.) | Rs | 193.2 | 433.5 | 44.6% | |
| Earnings per share (Unadj.) | Rs | -0.5 | 25.3 | -2.0% | |
| Cash flow per share (Unadj.) | Rs | 2.2 | 34.1 | 6.6% | |
| Dividends per share (Unadj.) | Rs | 0 | 2.50 | 0.0% | |
| Avg Dividend yield | % | 0 | 1.2 | 0.0% | |
| Book value per share (Unadj.) | Rs | -14.6 | 144.9 | -10.1% | |
| Shares outstanding (eoy) | m | 36.14 | 823.43 | 4.4% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 0 | 0.5 | 9.5% | |
| Avg P/E ratio | x | -18.1 | 8.4 | -216.2% | |
| P/CF ratio (eoy) | x | 4.0 | 6.2 | 64.4% | |
| Price / Book Value ratio | x | -0.6 | 1.5 | -42.1% | |
| Dividend payout | % | 0 | 9.9 | -0.0% | |
| Avg Mkt Cap | Rs m | 325 | 174,589 | 0.2% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 84 | 5,088 | 1.6% | |
| 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 | 356,970 | 2.0% | |
| Other income | Rs m | 50 | 1,970 | 2.5% | |
| Total revenues | Rs m | 7,031 | 358,941 | 2.0% | |
| Gross profit | Rs m | 256 | 36,253 | 0.7% | |
| Depreciation | Rs m | 99 | 7,238 | 1.4% | |
| Interest | Rs m | 173 | 3,246 | 5.3% | |
| Profit before tax | Rs m | 34 | 27,740 | 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 | 6,901 | 0.8% | |
| Profit after tax | Rs m | -18 | 20,838 | -0.1% | |
| Gross profit margin | % | 3.7 | 10.2 | 36.1% | |
| Effective tax rate | % | 152.6 | 24.9 | 613.6% | |
| Net profit margin | % | -0.3 | 5.8 | -4.4% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 1,222 | 151,117 | 0.8% | |
| Current liabilities | Rs m | 1,997 | 109,505 | 1.8% | |
| Net working cap to sales | % | -11.1 | 11.7 | -95.3% | |
| Current ratio | x | 0.6 | 1.4 | 44.3% | |
| Inventory Days | Days | 8 | 16 | 50.4% | |
| Debtors Days | Days | 4 | 4 | 112.8% | |
| Net fixed assets | Rs m | 3,767 | 120,285 | 3.1% | |
| Share capital | Rs m | 361 | 1,647 | 21.9% | |
| "Free" reserves | Rs m | -888 | 117,665 | -0.8% | |
| Net worth | Rs m | -527 | 119,312 | -0.4% | |
| Long term debt | Rs m | 3,127 | 27,918 | 11.2% | |
| Total assets | Rs m | 4,989 | 271,402 | 1.8% | |
| Interest coverage | x | 1.2 | 9.5 | 12.5% | |
| Debt to equity ratio | x | -5.9 | 0.2 | -2,536.8% | |
| Sales to assets ratio | x | 1.4 | 1.3 | 106.4% | |
| Return on assets | % | 3.1 | 8.9 | 35.0% | |
| Return on equity | % | 3.4 | 17.5 | 19.5% | |
| Return on capital | % | 8.0 | 21.0 | 37.8% | |
| Exports to sales | % | 0 | 18.2 | 0.0% | |
| Imports to sales | % | 0 | 36.6 | 0.0% | |
| Exports (fob) | Rs m | NA | 65,017 | 0.0% | |
| Imports (cif) | Rs m | NA | 130,760 | 0.0% | |
| Fx inflow | Rs m | 0 | 65,017 | 0.0% | |
| Fx outflow | Rs m | 0 | 130,760 | 0.0% | |
| Net fx | Rs m | 0 | -65,743 | -0.0% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 182 | 30,956 | 0.6% | |
| From Investments | Rs m | -13 | -24,817 | 0.1% | |
| From Financial Activity | Rs m | -170 | -3,863 | 4.4% | |
| Net Cashflow | Rs m | -1 | 2,289 | -0.1% | |
Share Holding
| Indian Promoters | % | 44.2 | 32.6 | 135.6% | |
| Foreign collaborators | % | 0.0 | 27.9 | - | |
| Indian inst/Mut Fund | % | 1.3 | 27.5 | 4.8% | |
| FIIs | % | 0.0 | 20.8 | - | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 55.8 | 39.5 | 141.3% | |
| Shareholders | 155,769 | 187,726 | 83.0% | ||
| 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 JSL STAINLESS
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 JSL STAINLESS Share Price Performance
| Period | NOVA IRON & STEEL | JSL STAINLESS | S&P BSE METAL |
|---|---|---|---|
| 1-Day | -1.96% | -3.63% | -0.07% |
| 1-Month | 8.00% | -1.29% | 12.22% |
| 1-Year | 203.71% | 157.58% | 57.74% |
| 3-Year CAGR | 36.87% | 102.44% | 23.90% |
| 5-Year CAGR | 37.77% | 79.18% | 22.57% |
* Compound Annual Growth Rate
Here are more details on the NOVA IRON & STEEL share price and the JSL STAINLESS share price.
Moving on to shareholding structures...
The promoters of NOVA IRON & STEEL hold a 44.2% stake in the company. In case of JSL STAINLESS 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 JSL STAINLESS.
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%.
JSL STAINLESS paid Rs 2.5, and its dividend payout ratio stood at 9.9%.
You may visit here to review the dividend history of NOVA IRON & STEEL, and the dividend history of JSL STAINLESS.
For a sector overview, read our steel sector report.
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