Newmalayalam Steel
NMSTEEL NSE
Newmalayalam Steel
Industrial ProductsNSE: NMSTEEL Iron & Steel Products
Key Fundamentals
SMEIron & Steel ProductsIndustrial ProductsMarket Cap
₹40.71 Cr
Volatility
Moderate
P/E Ratio
5.8
EBITDA
₹11.68 Cr
Return on Equity
5.63%
Debt to Equity
0.19
Book Value
₹49.44
52W High
₹39.15
52W Low
₹17.4
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Stock is trading at 0.48 times its book value
Weaknesses
3- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 1.32% over past five years.
- Company has a low return on equity of 8.77% over last 3 years.
Growth Rate
Revenue Growth
3.74% higher than
3Y
Net Income Growth
65% higher than
3Y
Cash Flow Change
217% higher than
3Y
ROE
-46.64% lower than
3Y
ROCE
-36.33% higher than
3Y
EBITDA Margin (Avg.)
0.56% lower than
3Y
Quarterly Results
| Particulars | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Sales | 139 | 154 | 150 | 162 | 158 |
| Expenses | 136 | 146 | 149 | 156 | 152 |
| Operating Profit | 3 | 8 | 1 | 6 | 6 |
| OPM % | 2.2% | 5% | 0.6% | 3.8% | 3.5% |
| Other Income | 2 | 1 | 1 | 2 | 1 |
| Interest | 2 | 2 | 2 | 1 | 2 |
| Depreciation | 2 | 1 | 1 | 1 | 1 |
| PBT | 1 | 7 | -1 | 6 | 4 |
| Tax % | 25% | 25% | -18% | 27% | 27% |
| Net Profit | 0 | 5 | -1 | 4 | 3 |
| EPS in Rs | 0.37 | 4.1 | -0.45 | 2.44 | 1.65 |
Profit & Loss
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 300 | 318 | 354 | 300 | 304 | 320 |
| Expenses | 290 | 310 | 347 | 292 | 297 | 308 |
| Operating Profit | 9 | 7 | 7 | 8 | 7 | 12 |
| OPM % | 3.1% | 2.3% | 2% | 2.5% | 2.3% | 3.6% |
| Other Income | 5 | 6 | 5 | 3 | 4 | 3 |
| Interest | 3 | 3 | 3 | 3 | 3 | 3 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 2 |
| PBT | 10 | 9 | 8 | 6 | 6 | 10 |
| Tax % | 20% | 26% | 25% | 25% | 27% | 27% |
| Net Profit | 8 | 7 | 6 | 4 | 4 | 7 |
| EPS in Rs | 604 | 532 | 474 | 3.38 | 2.55 | 4.1 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity Capital | 13 | 13 | 13 | 13 | 17 | 17 |
| Reserves | 11 | 18 | 24 | 28 | 61 | 68 |
| Borrowings | 36 | 49 | 28 | 59 | 18 | 16 |
| Other Liabilities | 5 | 11 | 23 | 17 | 12 | 18 |
| Total Liabilities | 64 | 90 | 87 | 116 | 109 | 120 |
| Fixed Assets | 20 | 21 | 22 | 20 | 20 | 26 |
| CWIP | 1 | 2 | 0 | 1 | 8 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 44 | 67 | 66 | 95 | 81 | 92 |
| Total Assets | 64 | 90 | 87 | 116 | 109 | 120 |
Cash Flow
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Operating | 12 | -4 | 31 | -22 | 26 | 4 |
| Investing | -1 | -6 | -1 | 0 | -8 | -3 |
| Financing | -11 | 10 | -24 | 28 | -11 | -5 |
| Net Cash Flow | 0 | 0 | 7 | 6 | 7 | -4 |
| Free Cash Flow | 11 | -8 | 31 | -23 | 17 | 1 |
| CFO/OP | 149 | -19 | 459 | -266 | 389 | 46 |
Ratios
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor Days | 16 | 21 | 11 | 26 | 31 | 23 |
| Inventory Days | 17 | 40 | 40 | 62 | 33 | 40 |
| Days Payable | 0 | 8 | 19 | 11 | 9 | 14 |
| Cash Conversion Cycle | 33 | 53 | 31 | 77 | 55 | 49 |
| Working Capital Days | 26 | 29 | 21 | 19 | 41 | 46 |
| ROCE % | — | 17% | 15% | 11% | 10% | 12% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Newmalayalam Steel insights
53 extracted metrics + investor summaries across FY21–FY26.
Documents
1
Commencement of commercial production/operations
10 Sep - Prime NMS Private Limited began commercial operations at Hejmady, Udupi from September 10, 2026. 10 Sep - Prime NMS Private Limited began commercial operations at Hejmady, Udupi from September 10, 2026.
2
Copy of Newspaper Publication
5 Sep - Newspaper publication issued for 9th AGM notice and e-voting; AGM on September 30, 2026. 5 Sep - Newspaper publication issued for 9th AGM notice and e-voting; AGM on September 30, 2026.
3
Shareholders meeting
4 Sep - AGM on 30 Sep 2026 seeks approval for RPTs up to Rs150 cr, Rs300 cr, Rs100 cr and subsidiary loan. 4 Sep - AGM on 30 Sep 2026 seeks approval for RPTs up to Rs150 cr, Rs300 cr, Rs100 cr and subsidiary loan.
4
Change in Auditors
2 Sep - Board reappointed secretarial, cost and internal auditors effective September 2, 2026 for FY 2026-27. 2 Sep - Board reappointed secretarial, cost and internal auditors effective September 2, 2026 for FY 2026-27.
5
Outcome of Board Meeting
2 Sep - Board approved AGM items, auditor reappointments, and ₹100 crore working capital loan to subsidiary Prime NMS Private Limited. 2 Sep - Board approved AGM items, auditor reappointments, and ₹100 crore working capital loan to subsidiary Prime NMS Private Limited.
Frequently Asked Questions about Newmalayalam Steel
What does Newmalayalam Steel Ltd do?
Incorporated in 2017, Newmalayalam Steel Ltd is engaged in manufacturing and selling galvanised steel pipes and sheets.[1]
Where is Newmalayalam Steel Ltd (NMSTEEL) listed?
Newmalayalam Steel Ltd trades as NMSTEEL on the NSE.
Which sector does Newmalayalam Steel Ltd belong to?
Newmalayalam Steel Ltd is classified under the Industrial Products sector, in the Iron & Steel Products industry.
What is the market capitalisation of Newmalayalam Steel Ltd?
Newmalayalam Steel Ltd has a market capitalisation of ₹40.71 Cr, which places it in the Small Cap band.
What is the PE ratio of Newmalayalam Steel Ltd?
Newmalayalam Steel Ltd trades at a PE ratio of 5.80, against a book value of ₹49.44 per share.
What is the 52-week high and low of Newmalayalam Steel Ltd?
Over the last 52 weeks Newmalayalam Steel Ltd has traded between ₹17.4 and ₹39.15.
What is the Return on Equity (ROE) of Newmalayalam Steel Ltd?
Newmalayalam Steel Ltd reported a return on equity of 5.63%. Its debt-to-equity ratio is 0.19.
Company Information
Incorporated in 2017, Newmalayalam Steel Ltd is engaged in manufacturing and selling galvanised steel pipes and sheets.[1]
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