Nova Iron & Steel
Industrial Products
513566 BSE
₹13.40
Close ·
- P/E
- Not meaningful: loss-making over the last twelve months
Close 4 Nov 2026 ₹13.40 −0.49 −3.53% 1Y
Start ₹13.89
Key Fundamentals
MicrocapIndustrial ProductsCapital GoodsPrice-based figures at the close · EPS basis: Standalone · TTM
- ROCE
- −4.11%
- Debt to Equity
- Not meaningful: shareholders’ equity is negative
- EPS (TTM)
- −₹4.79
- Book Value
- −₹7.49
- Market Cap
- —
- P/E (TTM)
- Not meaningful: loss-making over the last twelve months
- P/B
- Not meaningful: book value is negative
- ROE
- Not meaningful: shareholders’ equity is negative
- Dividend Yield
- 0.00%
- EBITDA
- ₹10.10 Cr
- 52W High
- ₹18.46
- 52W Low
- ₹10.54
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
41 Weak
Data confidence 86/100
Category scores
- Quality
- 35
- Poor
- Returns, margins, earnings quality 22% weight
- Valuation
- 29
- Poor
- Cheap vs sector & own history 24% weight
- Growth
- 42
- Weak
- Sales & profit trajectory 9% weight
- Financial Health
- 12
- Poor
- Solvency, leverage, coverage 9% weight
- Momentum
- 76
- Strong
- Trend strength, vol-adjusted 12% weight
- Ownership
- 50
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
No strengths listed
Weaknesses
5- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 6.24% over past five years.
- Contingent liabilities of Rs.26.6 Cr.
- Earnings include an other income of Rs.16.6 Cr.
- Promoter holding has decreased over last 3 years: -25.6%
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bullish | 1 | 7 | 11 |
| Oscillators | Neutral | 1 | 7 | 1 |
| Moving Averages | Strong Bullish | 0 | 0 | 10 |
Oscillators
Neutral
Bearish
1
Neutral
7
Bullish
1
Overall
Strong Bullish
Bearish
1
Neutral
7
Bullish
11
Moving Averages
Strong Bullish
Bearish
0
Neutral
0
Bullish
10
Key readings
- RSI (14)
- 51.23
- Neutral
- MACD (12,26,9)
- −0.01
- Bullish
- SMA (50)
- 13.21
- Bullish
- SMA (200)
- 12.63
- Bullish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +40.13% |
|---|---|
| 5Y | +6.24% |
| 3Y | −12.54% |
| 1Y | +11.99% |
| TTM | +4.05% |
Net profit
| 10Y | Loss widened by ₹12 Cr |
|---|---|
| 5Y | Loss widened by ₹4 Cr |
| 3Y | Loss widened by ₹14 Cr |
| 1Y | Turned to loss |
| TTM | Turned to loss |
Operating cash flow
| 10Y | Turned negative |
|---|---|
| 5Y | Turned negative |
| 3Y | Turned negative |
| 1Y | Turned negative |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | −3.89 pp |
|---|---|
| 5Y | +0.04 pp |
| 3Y | −1.36 pp |
| 1Y | −0.04 pp |
| TTM | −0.38 pp |
Revenue by year
| Mar 2017 | ₹53.00 Cr |
|---|---|
| Mar 2018 | ₹20.00 Cr |
| Mar 2019 | ₹4.00 Cr |
| Mar 2020 | ₹52.00 Cr |
| Mar 2021 | ₹345 Cr |
| Mar 2022 | ₹605 Cr |
| Mar 2023 | ₹698 Cr |
| Mar 2024 | ₹564 Cr |
| Mar 2025 | ₹417 Cr |
| Mar 2026 | ₹467 Cr |
Net profit by year
| Mar 2017 | ₹3.00 Cr |
|---|---|
| Mar 2018 | ₹2.00 Cr |
| Mar 2019 | ₹1.00 Cr |
| Mar 2020 | −₹52.00 Cr |
| Mar 2021 | −₹12.00 Cr |
| Mar 2022 | −₹15.00 Cr |
| Mar 2023 | −₹2.00 Cr |
| Mar 2024 | −₹94.00 Cr |
| Mar 2025 | ₹149 Cr |
| Mar 2026 | −₹16.00 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 182 | 122 | 113 | 146 | 125 | 99.38 | 97.73 | 94.71 | 113 | 108 | 110 | 136 | 67.49 |
| Expenses | 177 | 123 | 107 | 154 | 111 | 101 | 95.11 | 101 | 105 | 109 | 111 | 130 | 69.42 |
| Operating Profit | 5.05 | −1.12 | 5.86 | −7.29 | 13.83 | −1.35 | 2.62 | −5.86 | 7.68 | −1.14 | −1.25 | 5.91 | −1.93 |
| OPM % | 2.77% | −0.92% | 5.18% | −4.98% | 11.06% | −1.36% | 2.68% | −6.19% | 6.8% | −1.06% | −1.14% | 4.35% | −2.86% |
| Other Income | 2.01 | 0.96 | 4.17 | −67.43 | −1.01 | 1.08 | 0.49 | 160 | 0.15 | 9.21 | 0.44 | 3.71 | 3.26 |
| Interest | 2.71 | 3.47 | 3.39 | 14.96 | 3.56 | 3.73 | 2.95 | 0.81 | 1.5 | 3.48 | 4.72 | 2.57 | 0.18 |
| Depreciation | 11.01 | 11.29 | 11.42 | 11.42 | 4.77 | 4.85 | 4.89 | 4.96 | 4.12 | 5.64 | 6.24 | 6.35 | 0.29 |
| PBT | −6.66 | −14.92 | −4.78 | −101 | 4.49 | −8.85 | −4.73 | 149 | 2.21 | −1.05 | −11.77 | 0.7 | 0.86 |
| Tax % | 0% | −4.02% | 0% | −32.69% | 0% | 0% | 0% | −6.08% | 0% | 0% | 0% | 864.29% | 0% |
| Net Profit | −6.66 | −14.32 | −4.78 | −68.05 | 4.49 | −8.85 | −4.72 | 158 | 2.21 | −1.06 | −11.77 | −5.35 | 0.86 |
| EPS (₹) | −1.84 | −3.96 | −1.32 | −18.83 | 1.24 | −2.45 | −1.31 | 43.69 | 0.61 | −0.29 | −3.26 | −1.48 | 0.24 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9 | 16 | 53 | 20 | 4 | 52 | 345 | 605 | 698 | 564 | 417 | 467 | 421 |
| Expenses | 10 | 15 | 43 | 11 | 7 | 89 | 337 | 590 | 672 | 561 | 407 | 455 | 420 |
| Operating Profit | 0 | 1 | 10 | 8 | −3 | −37 | 8 | 16 | 26 | 3 | 10 | 11 | 2 |
| OPM % | −5% | 7% | 19% | 43% | −86% | −71% | 2.3% | 2.6% | 3.7% | 0.5% | 2.4% | 2.4% | 0.4% |
| Other Income | 6 | 2 | 0 | 2 | 5 | 3 | 7 | 8 | 5 | −60 | 160 | 13 | 17 |
| Interest | 6 | 6 | 7 | 7 | 0 | 0 | 1 | 25 | 17 | 25 | 11 | 12 | 11 |
| Depreciation | 2 | 1 | 1 | 1 | 1 | 7 | 9 | 10 | 10 | 45 | 19 | 22 | 19 |
| PBT | −2 | −4 | 3 | 2 | 1 | −41 | 5 | −11 | 3 | −127 | 140 | −10 | −11 |
| Tax % | −5% | 6% | 4% | 0% | 7% | 24% | 330% | 38% | 152% | −26% | −6% | 61% | — |
| Net Profit | −2 | −4 | 3 | 2 | 1 | −52 | −12 | −15 | −2 | −94 | 149 | −16 | −17 |
| EPS (₹) | −0.55 | −1.23 | 0.71 | 0.63 | 0.17 | −14.26 | −3.3 | −4.09 | −0.5 | −25.95 | 41.17 | −4.42 | −4.79 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 36 |
| Reserves | −8 | −12 | −10 | −7 | −6 | −58 | −69 | −87 | −89 | −192 | −47 | −63 |
| Borrowings | 172 | 193 | 198 | 239 | 338 | 329 | 311 | 333 | 332 | 398 | 248 | 265 |
| Other Liabilities | 72 | 98 | 96 | 91 | 99 | 112 | 210 | 254 | 220 | 53 | 69 | 48 |
| Total Liabilities | 272 | 315 | 320 | 359 | 467 | 419 | 488 | 536 | 499 | 295 | 306 | 286 |
| Fixed Assets | 62 | 64 | 63 | 62 | 61 | 380 | 372 | 361 | 361 | 176 | 143 | 127 |
| CWIP | 180 | 206 | 237 | 262 | 315 | 0 | 0 | 0 | 0 | 26 | 74 | 91 |
| Investments | 0 | 0 | 0 | 1 | 1 | 1 | 3 | 3 | 3 | 3 | 3 | 3 |
| Other Assets | 31 | 44 | 20 | 34 | 89 | 38 | 113 | 172 | 135 | 92 | 86 | 64 |
| Total Assets | 272 | 315 | 320 | 359 | 467 | 419 | 488 | 536 | 499 | 295 | 306 | 286 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 1 | 13 | 33 | −3 | −48 | 9 | 18 | 3 | 18 | −10 | 36 | −9 |
| Investing | −88 | −28 | −31 | −32 | −50 | −4 | 0 | 1 | −1 | −31 | −36 | −3 |
| Financing | 88 | 15 | −2 | 35 | 99 | −6 | −17 | −4 | −17 | 44 | −1 | 11 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 2 | −2 | 0 |
| Free Cash Flow | −88 | −15 | 2 | −28 | −102 | −2 | 18 | 3 | 9 | −47 | 0 | −12 |
| CFO/EBITDA | −117 | 1,235 | 320 | −35 | 1,433 | −25 | 238 | 23 | 71 | −326 | 339 | −80 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 2 | 157 | 286 | 19 | 4 | 0 | 0 | 13 | 10 | 8 |
| Inventory Days | 1,280 | 878 | 59 | 579 | — | 45 | 86 | 85 | 50 | 17 | 27 | 13 |
| Days Payable | 1,815 | 417 | 53 | 642 | — | 552 | 161 | 88 | 57 | 27 | 61 | 40 |
| Cash Conversion Cycle | −534 | 461 | 7 | 94 | 286 | −487 | −72 | −2 | −6 | 3 | −23 | −19 |
| Working Capital Days | −8,477 | −5,727 | −1,856 | −5,611 | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | −2,726 | −399 | −49 | −41 | −35 | −87 | −86 |
| ROCE % | −1% | 0% | 4% | 4% | −1% | −12% | 2% | 5% | 7% | −14% | −3% | −4% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Nova Iron & Steel insights
57 extracted metrics across FY15–FY27.
Documents
- 30 May 2026
- General announcements 31 Oct 2026
- General announcements 15 Oct 2026
Frequently Asked Questions about Nova Iron & Steel
What does Nova Iron & Steel Ltd do?
Incorporated in 1989, Nova Iron & Steels Ltd is engaged in the manufacturing of steel products.
Where is Nova Iron & Steel Ltd (NOVIS) listed?
Nova Iron & Steel Ltd trades under code 513566 on the BSE.
Which sector does Nova Iron & Steel Ltd belong to?
Nova Iron & Steel Ltd is classified under the Industrial Products sector, in the Iron & Steel Products industry.
What is the 52-week high and low of Nova Iron & Steel Ltd?
Over the last 52 weeks Nova Iron & Steel Ltd has traded between ₹10.54 and ₹18.46 as of 4 Nov 2026.
Company Information
Incorporated in 1989, Nova Iron & Steels Ltd is engaged in the manufacturing of steel products.
Website novaironsteel.com
Face Value ₹10
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