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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 | 8.2 | 33.6 | 24.4% | View Chart |
| P/BV | x | - | 3.8 | - | View Chart |
| Dividend Yield | % | 0.0 | 0.7 | - |
Financials
 NOVA IRON & STEEL  VARDHMAN SPECIAL |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| NOVA IRON & STEEL Mar-23 |
VARDHMAN SPECIAL Mar-23 |
NOVA IRON & STEEL/ VARDHMAN SPECIAL |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 10 | 407 | 2.6% | |
| Low | Rs | 8 | 201 | 3.7% | |
| Sales per share (Unadj.) | Rs | 193.2 | 427.0 | 45.2% | |
| Earnings per share (Unadj.) | Rs | -0.5 | 24.7 | -2.0% | |
| Cash flow per share (Unadj.) | Rs | 2.2 | 31.6 | 7.1% | |
| Dividends per share (Unadj.) | Rs | 0 | 2.00 | 0.0% | |
| Avg Dividend yield | % | 0 | 0.7 | 0.0% | |
| Book value per share (Unadj.) | Rs | -14.6 | 157.8 | -9.2% | |
| Shares outstanding (eoy) | m | 36.14 | 40.63 | 88.9% | |
| Bonus / Rights / Conversions | 0 | 0 | - | ||
| Price / Sales ratio | x | 0 | 0.7 | 6.5% | |
| Avg P/E ratio | x | -18.1 | 12.3 | -147.3% | |
| P/CF ratio (eoy) | x | 4.0 | 9.6 | 41.7% | |
| Price / Book Value ratio | x | -0.6 | 1.9 | -32.0% | |
| Dividend payout | % | 0 | 8.1 | -0.0% | |
| Avg Mkt Cap | Rs m | 325 | 12,350 | 2.6% | |
| No. of employees | `000 | NA | NA | - | |
| Total wages/salary | Rs m | 84 | 899 | 9.3% | |
| 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 | 17,350 | 40.2% | |
| Other income | Rs m | 50 | 389 | 12.9% | |
| Total revenues | Rs m | 7,031 | 17,739 | 39.6% | |
| Gross profit | Rs m | 256 | 1,412 | 18.1% | |
| Depreciation | Rs m | 99 | 281 | 35.2% | |
| Interest | Rs m | 173 | 177 | 98.0% | |
| Profit before tax | Rs m | 34 | 1,343 | 2.5% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 52 | 339 | 15.4% | |
| Profit after tax | Rs m | -18 | 1,004 | -1.8% | |
| Gross profit margin | % | 3.7 | 8.1 | 45.1% | |
| Effective tax rate | % | 152.6 | 25.2 | 605.5% | |
| Net profit margin | % | -0.3 | 5.8 | -4.4% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 1,222 | 7,327 | 16.7% | |
| Current liabilities | Rs m | 1,997 | 3,550 | 56.3% | |
| Net working cap to sales | % | -11.1 | 21.8 | -51.0% | |
| Current ratio | x | 0.6 | 2.1 | 29.6% | |
| Inventory Days | Days | 8 | 22 | 37.4% | |
| Debtors Days | Days | 4 | 550 | 0.8% | |
| Net fixed assets | Rs m | 3,767 | 3,900 | 96.6% | |
| Share capital | Rs m | 361 | 406 | 89.0% | |
| "Free" reserves | Rs m | -888 | 6,003 | -14.8% | |
| Net worth | Rs m | -527 | 6,410 | -8.2% | |
| Long term debt | Rs m | 3,127 | 440 | 710.3% | |
| Total assets | Rs m | 4,989 | 11,228 | 44.4% | |
| Interest coverage | x | 1.2 | 8.6 | 13.9% | |
| Debt to equity ratio | x | -5.9 | 0.1 | -8,642.2% | |
| Sales to assets ratio | x | 1.4 | 1.5 | 90.5% | |
| Return on assets | % | 3.1 | 10.5 | 29.5% | |
| Return on equity | % | 3.4 | 15.7 | 21.7% | |
| Return on capital | % | 8.0 | 22.2 | 35.9% | |
| Exports to sales | % | 0 | 4.7 | 0.0% | |
| Imports to sales | % | 0 | 12.7 | 0.0% | |
| Exports (fob) | Rs m | NA | 819 | 0.0% | |
| Imports (cif) | Rs m | NA | 2,198 | 0.0% | |
| Fx inflow | Rs m | 0 | 819 | 0.0% | |
| Fx outflow | Rs m | 0 | 2,198 | 0.0% | |
| Net fx | Rs m | 0 | -1,378 | -0.0% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 182 | 736 | 24.8% | |
| From Investments | Rs m | -13 | -148 | 8.9% | |
| From Financial Activity | Rs m | -170 | -495 | 34.4% | |
| Net Cashflow | Rs m | -1 | 93 | -1.3% | |
Share Holding
| Indian Promoters | % | 44.2 | 60.6 | 72.9% | |
| Foreign collaborators | % | 0.0 | 0.0 | - | |
| Indian inst/Mut Fund | % | 1.3 | 3.1 | 42.3% | |
| FIIs | % | 0.0 | 0.5 | - | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 55.8 | 39.4 | 141.6% | |
| Shareholders | 155,769 | 32,866 | 474.0% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare NOVA IRON & STEEL With: TATA STEEL JSW STEEL RATNAMANI METALS VENUS PIPES & TUBES JINDAL STAINLESS
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 | -1.96% | 2.60% | -0.07% |
| 1-Month | 8.00% | 40.08% | 12.22% |
| 1-Year | 203.71% | -21.68% | 57.74% |
| 3-Year CAGR | 36.87% | 19.65% | 23.90% |
| 5-Year CAGR | 37.77% | 24.00% | 22.57% |
* 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 60.6%.
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 8.1%.
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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