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Nova Iron Steel Ltd Share Price

₹ 0 (%)

Updated on 01-01-1970 5:30 AM

Stock Rating

Pros 2

 

Cons 7

Nova Iron Steel Ltd Price Performance

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  • 52-w low
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  • 52-w high
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  • Previous close
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Today's Market Action

Its last traded stock price on BSE was 18.43 up by 0.55%. The total volume of shares on NSE and BSE combined was 6,135 shares. Its total combined turnover was Rs 0.01 crores.

Nova Iron Steel Ltd Medium and Long Term Market Action

The stock price of Nova Iron Steel Ltd is down by -100% over the last one month. Don't forget to check the full stock price history in the table below.

Nova Iron Steel Ltd Fundamentals

  • Market Cap (Cr): 69.6

  • Book Value (₹):

  • Stock P/E:

  • Revenue (Cr):

  • Total Debt (Cr):

  • Face Value (₹):

  • Roce (%):

  • ROE (%):

  • Earnings (Cr):

  • Promoter’s Holdings (%):

  • EPS (₹):

  • Debt to Equity:

  • Dividend Yield (%):

  • Cash (Cr):

Nova Iron Steel Ltd Mutual fund holdings and trends

FUND NAME Quantity Monthly Change (Qty)

Nova Iron Steel Ltd Shareholding Pattern

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Company Price Market Cap (Cr) P/E

About Nova Iron Steel Ltd

Data not available.

Nova Iron Steel Ltd FAQ's

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Financials

(*All values are in Rs. Cr)
(*All values are in Rs. Cr)
(*All values are in Rs. Cr)
(*All values are in Rs. Cr)
(*All values are in Rs. Cr)

Consolidated Financial Performace In Graph(Net Profit)

Standalone Financial Performace In Graph(Net Profit)

(*All values are in Rs. Cr)

Consolidated Financial Performace In Graph(Net Profit)

Standalone Financial Performace In Graph(Net Profit)

(*All values are in Rs. Cr)

Consolidated Financial Performace In Graph(Cash Flow)

Standalone Financial Performace In Graph(Cash Flow)

News

Review

Pros

  • Strong Working Capital Cycle
    The company has a great working capital cycle of 25 days which results in lower investments in working capital and higher asset turnover. This reduces capital requirement of the business and drives RoE and cash flow generation positively. This is extremely positive for long term shareholders of the business.
  • Above Average Growth Rate
    The company is estimated to grow its earnings at a reasonable rate over the next few years which will drive shareholder value creation

Cons

  • Low Sustainable RoE
    The company's sustainable return on equity is lower than the expected cost of capital which implies that the underlying business will destruct value over a period of time due to it's inability to generate superior returns on capital.
  • Low Return on Capital Employed
    The company is unable to generate sufficient return on capital employed which impairs it's ability to generate high return for shareholders after accounting for taxes, interest and other non-equity stakeholders.
  • Poor Cash Flow Conversion
    The business has very poor cash conversion ratio of only 17.54% of operating earnings getting converted into operating cash flow. This implies that increase in profits has not translated into higher cash flows for the business and incrementally higher investments in working capital which works negatively for shareholders.
  • Low Interest Coverage
    The company has a very low Interest coverage ratio of 0.12 times which implies that a large portion of operating profits are getting attributed to payment of interest to debtholders. This leaves lower earnings and cash flows for equity shareholders which is negative for returns.
  • Low Pricing Power & High Competition
    The business has extremely low pricing power and is vulnerable to competitive pressure which can significantly impact shareholder returns.
  • Negative Equity
    The company has a negative debt to equity ratio of -2.55. This implies that the underlying equity value of the business is 0 and the networth of equity holders is negative. For all practical purposes, this business is owned by it's debt holders leaving nothing for the equity holders.
  • Poor Corporate Governance
    The general corporate governance standards of the company are poor which can negatively impact shareholder value and returns.

Valuation Analysis

Margin of safety
(19/12/2024)
Stock Valuation
Dark green line
110
100.00%
100.00% People are bullish about Nova Iron Steel Ltd
0.00%
0.00 % People are bearish about Nova Iron Steel Ltd

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Historical Data

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Nova Iron Steel Ltd

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Potential Brokerage Savings with Samco ₹ 49.62()

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