---
title: "German Green Steel & Power (GERMAN) Share Price, Financials & Research"
symbol: "GERMAN"
company: "German Green Steel & Power Ltd"
canonical: "https://tapetide.com/stocks/GERMAN"
isin: "INE0D4501011"
nse_symbol: "GERMAN"
bse_code: "544957"
sector: "Industrials"
industry: "Industrial Products"
generated_at: "2026-11-05T01:42:51.550Z"
---

# German Green Steel & Power (GERMAN)

Canonical page: https://tapetide.com/stocks/GERMAN

## Key Facts

- **Price:** ₹115.39 as of 4 Nov 2026, 15:59 IST
- **P/E (TTM):** 8.88 as of 4 Nov 2026
- **Promoter holding:** 68.54% in Sep 2026, a change of -31.46 percentage points from Jun 2025

## Company

- **NSE symbol:** GERMAN
- **BSE code:** 544957
- **ISIN:** INE0D4501011
- **Macro sector:** Industrials
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Basic industry:** Iron & Steel Products
- **In the F&O segment:** No

## Latest Price

- **Price:** ₹115.39
- **Change:** No trade today
- **Previous Close:** ₹115.39
- **As of:** 4 Nov 2026, 15:59 IST

## Key Fundamentals

Price-based figures as of 4 Nov 2026, 15:59 IST · TTM.

- **ROCE:** 21.30%
- **Debt to Equity:** 0.81
- **EPS (TTM):** ₹13.00
- **Book Value:** ₹100.78
- **P/E (TTM):** 8.88
- **P/B:** 1.14
- **ROE:** 21.40%
- **Dividend Yield:** 0.00%
- **EBITDA:** ₹173 Cr
- **52W High:** ₹142.81
- **52W Low:** ₹96.50

## Peer Comparison

Classification: Industrials › Industrial Products › Iron & Steel Products

| Company | Price | P/E | Market Cap | P/B | Div Yield | ROE | ROCE | Sales TTM | Net Profit TTM |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| [Welspun Corp Ltd (WELCORP)](https://tapetide.com/stocks/WELCORP) | ₹2,400.00 | 27.41 | ₹60,980 Cr | 5.96 | 0.22% | 19.40% | 22.90% | ₹17,300 Cr | ₹2,319 Cr |
| [APL Apollo Tubes Ltd (APLAPOLLO)](https://tapetide.com/stocks/APLAPOLLO) | ₹2,199.80 | 49.69 | ₹60,246 Cr | 10.64 | 0.39% | 25.40% | 31.80% | ₹23,065 Cr | ₹1,229 Cr |
| [Shyam Metalics & Energy Ltd (SHYAMMETL)](https://tapetide.com/stocks/SHYAMMETL) | ₹1,231.40 | 30.60 | ₹34,478 Cr | 2.78 | 0.15% | 9.70% | 13.00% | ₹19,584 Cr | ₹1,121 Cr |
| [Ratnamani Metals & Tubes Ltd (RATNAMANI)](https://tapetide.com/stocks/RATNAMANI) | ₹2,449.40 | 39.67 | ₹17,025 Cr | 4.18 | 0.42% | 12.60% | 17.90% | ₹4,314 Cr | ₹514 Cr |
| [Jindal Saw Ltd (JINDALSAW)](https://tapetide.com/stocks/JINDALSAW) | ₹253.22 | 29.51 | ₹15,754 Cr | 1.28 | 0.81% | 8.20% | 10.40% | ₹18,501 Cr | ₹498 Cr |
| [Usha Martin Ltd (USHAMART)](https://tapetide.com/stocks/USHAMART) | ₹486.00 | 29.21 | ₹14,245 Cr | 4.49 | 0.81% | 15.10% | 19.50% | ₹3,837 Cr | ₹508 Cr |
| [Gallantt Ispat Ltd. (GALLANTT)](https://tapetide.com/stocks/GALLANTT) | ₹529.15 | 29.28 | ₹12,939 Cr | 3.66 | 0.38% | 15.60% | 18.20% | ₹4,437 Cr | ₹436 Cr |
| [German Green Steel & Power Ltd (GERMAN)](https://tapetide.com/stocks/GERMAN) (this company) | ₹115.39 | 8.88 | ₹774 Cr | 1.14 | 0.00% | 21.40% | 21.30% | ₹1,379 Cr | ₹70 Cr |
| Median of 8 companies | ₹880.28 | 29.40 | ₹16,390 Cr | 3.92 | 0.39% | 15.35% | 18.85% | ₹10,869 Cr | ₹511 Cr |

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

## Key Insights

### Strengths

- Company has a good return on equity (ROE) track record: 3 Years ROE 23.8%

## Technical Indicators

As of 4 Nov 2026.

| Group | Signal | Bearish | Neutral | Bullish |
| --- | --- | ---: | ---: | ---: |
| Overall | Bullish | 1 | 14 | 4 |
| Oscillators | Bearish | 1 | 8 | 0 |
| Moving Averages | Bullish | 0 | 6 | 4 |

### Oscillators: Bearish

| Name | Value | Signal |
| --- | ---: | --- |
| RSI (14) | 48.60 | Neutral |
| MACD (12,26,9) | — | Neutral |
| Stochastic (14,3,3) | 26.54 | Neutral |
| ADX (14) | — | Neutral |
| Williams %R (14) | -48.71 | Neutral |
| ATR (14) | 8.63 | Neutral |
| ROC (12) | -3.60 | Bearish |
| Stoch RSI (14) | — | Neutral |
| UO (7,14,28) | — | Neutral |

### Moving Averages: Bullish

| Name | Value | Signal |
| --- | ---: | --- |
| SMA (10) | 102.67 | Bullish |
| EMA (10) | 105.52 | Bullish |
| SMA (20) | 108.31 | Bullish |
| EMA (20) | 109.63 | Bullish |
| SMA (50) | — | Neutral |
| EMA (50) | — | Neutral |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Pivot Points

| Level | Classic | Fibonacci | Camarilla |
| --- | ---: | ---: | ---: |
| R3 | 141.60 | 130.80 | 120.48 |
| R2 | 130.80 | 123.73 | 118.78 |
| R1 | 123.10 | 119.37 | 117.09 |
| PP | 112.30 | 112.30 | 112.30 |
| S1 | 104.60 | 105.23 | 113.69 |
| S2 | 93.80 | 100.87 | 112.00 |
| S3 | 86.10 | 93.80 | 110.30 |

## Growth Rate

Growth computed from the financial statements below. A window with no rate gives the reason instead of a figure.

| Metric | Window | Growth | What it compares |
| --- | --- | ---: | --- |
| Revenue | 3Y | 14.41% | compounded annual rate, Mar 2023 to Mar 2026 |
| Revenue | 1Y | 11.34% | fiscal year to Mar 2026 vs the year to Mar 2025 |
| Net profit | 3Y | 28.16% | compounded annual rate, Mar 2023 to Mar 2026 |
| Net profit | 1Y | 33.33% | fiscal year to Mar 2026 vs the year to Mar 2025 |
| Operating cash flow | 3Y | 21.82% | compounded annual rate, Mar 2023 to Mar 2026 |
| Operating cash flow | 1Y | 90.54% | fiscal year to Mar 2026 vs the year to Mar 2025 |
| Operating margin | 3Y | +5.31 pp | compounded annual rate, Mar 2023 to Mar 2026 |
| Operating margin | 1Y | +2.59 pp | fiscal year to Mar 2026 vs the year to Mar 2025 |

Trailing twelve months: No quarterly results are reported.

## Financial Statements

### Profit & Loss

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Sales | 892 | 1,121 | 1,130 | 1,508 | 1,679 |
| Expenses | 855 | 1,070 | 1,050 | 1,396 | 1,512 |
| Operating Profit | 38 | 52 | 79 | 111 | 167 |
| OPM % | 4.2% | 4.6% | 7% | 7% | 10% |
| Other Income | 10 | 9 | 9 | 10 | 6 |
| Interest | 7 | 7 | 22 | 33 | 43 |
| Depreciation | 5 | 5 | 10 | 15 | 21 |
| Profit before tax | 35 | 49 | 56 | 74 | 110 |
| Tax % | 20% | 22% | 26% | 19% | 27% |
| Net Profit | 31 | 38 | 42 | 60 | 80 |
| EPS in Rs | 6.05 | 7.57 | 8.22 | 11.39 | 15.17 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |

### Balance Sheet

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Equity Capital | 8 | 8 | 8 | 53 | 54 |
| Reserves | 105 | 123 | 168 | 240 | 367 |
| Borrowings | 137 | 144 | 202 | 349 | 343 |
| Other Liabilities | 105 | 104 | 182 | 374 | 455 |
| Total Liabilities | 355 | 380 | 560 | 1,015 | 1,220 |
| Fixed Assets | 89 | 198 | 222 | 347 | 497 |
| CWIP | 62 | 25 | 54 | 162 | 161 |
| Investments | 8 | 6 | 7 | 1 | 1 |
| Other Assets | 196 | 151 | 277 | 505 | 562 |
| Total Assets | 355 | 380 | 560 | 1,015 | 1,220 |

### Cash Flow

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Cash from Operating Activity | 17 | 78 | 28 | 74 | 141 |
| Cash from Investing Activity | -56 | -71 | -63 | -224 | -135 |
| Cash from Financing Activity | 64 | -20 | 35 | 151 | -7 |
| Net Cash Flow | 26 | -14 | 0 | 2 | -1 |
| Free Cash Flow | -39 | 6 | -49 | -172 | 8 |
| CFO/EBITDA | 56 | 161 | 46 | 70 | 88 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Debtor Days | 27 | 16 | 28 | 36 | 36 |
| Inventory Days | 33 | 20 | 54 | 71 | 78 |
| Days Payable | 36 | 23 | 44 | 78 | 86 |
| Cash Conversion Cycle | 23 | 14 | 38 | 29 | 27 |
| Working Capital Days | 4 | -9 | 3 | -1 | -9 |
| ROCE % | — | 21% | 24% | 21% | 21% |

## Shareholding Pattern

### Quarterly Shareholding

Holdings in % of shares; shareholders as a count.

| Holder | Jun 2025 | Sep 2026 |
| --- | ---: | ---: |
| Promoters | 100.00% | 68.54% |
| FIIs | 0.00% | 8.93% |
| DIIs | 0.00% | 5.41% |
| Government | 0.00% | 0.00% |
| Public | 0.00% | 15.70% |
| Others | 0.00% | 1.42% |
| No. of Shareholders | 7 | 73,788 |

## Documents

### Results

| Date | Document |
| --- | --- |
| 24 Oct 2026 | [Outcome Of Board Meeting And Submission Of Un-Audited Standalone And Consolidated Financial Results For The Quarter Ended 30Th June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e930fcd8-ec59-4b50-bf82-1a6a5f985cee.pdf) |

### Credit ratings

| Date | Document |
| --- | --- |
| 2 Apr 2026 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/GermanGreenSteelAndPowerLimited_April%2002_%202026_RR_392654.html) |
| 26 Mar 2026 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/GermanGreenSteelAndPowerLimited_March%2026_%202026_RR_387830.html) |
| 31 Jan 2025 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/GermanGreenSteelAndPowerLimited_January%2031_%202025_RR_362454.html) |

### Exchange filings

| Date | Document | Category |
| --- | --- | --- |
| 30 Oct 2026 | [Board Meeting Intimation for Approval Of Un-Audited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended September 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fe87f1c5-fe39-4169-ac47-0fc3db6ad514.pdf) | Intimation |
| 26 Oct 2026 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ebfbc89b-f295-4863-b5a9-7a5ae53fbe51.pdf) | General announcements |
| 24 Oct 2026 | [Board Meeting Outcome for Outcome Of Board Meeting And Submission Of Un-Audited Standalone And Consolidated Financial Results For The Quarter Ended 30Th June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=63c88183-3487-48f6-93c9-3205a7df30f8.pdf) | Outcome |
| 23 Oct 2026 | [Intimation Regarding Change In Corporate Identification Number (CIN)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=26a5c04e-8a6b-468f-aa41-a1687a3d5801.pdf) | General announcements |
| 19 Oct 2026 | [Board Meeting Intimation for Approval Of Un-Audited Standalone And Consolidated Financial Results For The Quarter Ended June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6ead2b02-0eb9-439c-9bd4-c4bba9ee8b99.pdf) | Intimation |
| 10 Oct 2026 | [Disclosure Under Regulation 30(5) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1f5ccb47-a6ff-4c35-b033-547f5e1684a7.pdf) | General announcements |
| 10 Oct 2026 | [Intimation Under Regulation 6(1) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a64ec70f-223c-45eb-8bf6-01fcac1ec484.pdf) | General announcements |
| 10 Oct 2026 | [Intimation Under Regulation 7(1) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fbb92503-7574-4245-a1a4-30e47824ff65.pdf) | General announcements |
| 9 Oct 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a9fad922-ce8a-4fd7-8128-63f8ce0f3973.pdf) | General announcements |
| 5 Oct 2026 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=89392235-8e7f-45ad-8fc0-46856a636f53.pdf) | Intimation |

## Frequently Asked Questions about German Green Steel & Power

### Where is German Green Steel & Power Ltd (GERMAN) listed?

German Green Steel & Power Ltd trades as GERMAN on the NSE and under code 544957 on the BSE.

### Which sector does German Green Steel & Power Ltd belong to?

German Green Steel & Power Ltd is classified under the Industrials sector, in the Industrial Products industry.

### What is the PE ratio of German Green Steel & Power Ltd?

German Green Steel & Power Ltd trades at a PE ratio of 8.88 as of 4 Nov 2026, on earnings per share of ₹13, against a book value of ₹100.78 per share.

### What is the 52-week high and low of German Green Steel & Power Ltd?

Over the last 52 weeks German Green Steel & Power Ltd has traded between ₹96.5 and ₹142.81 as of 4 Nov 2026.

### What is the Return on Equity (ROE) of German Green Steel & Power Ltd?

German Green Steel & Power Ltd reported a return on equity of 21.40%. Its debt-to-equity ratio is 0.81.

## Company Information

- **Listed:** 5 Oct 2026
- **Face Value:** ₹10

---

Negative figures use an ASCII hyphen-minus (-) so they parse as numbers. Amounts are in Indian rupees; "Cr" is crore (10 million). Dates are Indian Standard Time.

Financial statements, shareholding and filings are as reported by the company. Price, volume and 52-week levels are market data. Technical indicators are computed by Tapetide from daily prices. The Tapetide Score is Tapetide’s own analysis. Analyst ratings and forecasts are the published estimates of third-party analysts, not company statements. The AI sections are generated text.

For research and information only, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Generated 5 Nov 2026, 07:12 IST.