NOVIS.BO · BSE
NOVA IRON & STEEL LTD.
₹14.39
-2.97% (-₹0.44)
Prev. close
₹14.83
Volume
5,999
As of
24 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About NOVA IRON & STEEL LTD.
Nova Iron & Steel Limited manufactures and trades in iron and steel products, and metals in India and internationally. The company provides sponge iron for applications in manufacturing steel products. It is also delas in securities and engages in natural resources business. The company also exports its products. Nova Iron & Steel Limited was incorporated in 1989 and is based in Bilaspur, India.
Details
Sector
Basic Materials
Industry
Steel
CEO
Mr. Dinesh Kumar Yadav
Headquarters
Bilaspur
Employees
292
Website
novaironsteel.comExchange
View on BSE ↗Key stats
Market cap
₹52.00 Cr
P/E ratio (TTM)
0.3
EPS (TTM)
₹-4.79
Beta (1Y · daily vs NIFTY 50)
0.83
Beta (5Y · monthly vs NIFTY 50)
1.11
Shares float
1.06 Cr
EPS · quarter ended Jun 2026
₹0.24
Financial Performance
01 · Financials
FY23 growth is computed against FY22 revenue as filed with BSE (standalone); the two sources' revenue definitions differ by 1.7% on FY23.
02 · Earnings Per Share (EPS)
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Debt/equity omitted where reported equity was zero or negative. Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| — | ₹686.19 Cr | ₹537.37 Cr | ₹416.91 Cr | ₹466.66 Cr | |
| EBITDA | — | ₹30.58 Cr | ₹-57.80 Cr | ₹170.27 Cr | ₹24.71 Cr |
| — | ₹-1.79 Cr | ₹-93.80 Cr | ₹148.79 Cr | ₹-15.97 Cr | |
| Diluted EPS | ₹-3.3 | ₹-0.5 | ₹-25.96 | ₹41.17 | ₹-4.42 |
Revenue, Depreciation & amortisation, EBITDA, Net income, Pretax income, Tax provision, Interest expense have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ₹498.92 Cr | ₹295.47 Cr | ₹306.13 Cr | ₹286.10 Cr | |
| ₹331.51 Cr | ₹397.84 Cr | ₹248.45 Cr | ₹265.11 Cr | |
| Stockholders' equity | ₹-52.68 Cr | ₹-160.24 Cr | ₹-11.30 Cr | ₹-27.06 Cr |
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ₹18.25 Cr | ₹-10.45 Cr | ₹35.68 Cr | ₹-8.57 Cr | |
| Investing cash flow | ₹-1.32 Cr | ₹-31.43 Cr | ₹-36.39 Cr | ₹-2.85 Cr |
| ₹-17.04 Cr | ₹43.66 Cr | ₹-1.01 Cr | ₹11.28 Cr | |
| Capital expenditure | ₹-9.65 Cr | ₹-36.33 Cr | ₹-49.76 Cr | ₹-20.24 Cr |
| End cash position | ₹95.42 L | ₹2.74 Cr | ₹1.02 Cr | ₹87.37 L |
Annual only — the data source has no quarterly cash-flow-statement coverage.
12 · Peer Comparison
Basic Materials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| UltraTech Cement Limited | ₹3.28 L Cr | ₹11,056 | 38.5 | 4.28 | 10.7% | 0.31 | +16.6% | -9.5% |
| JSW Steel Limited | ₹3.15 L Cr | ₹1,273.2 | 12.7 | 3.15 | 22.3% | 1.19 | +9.3% | +10.8% |
| Hindustan Zinc Limited | ₹2.52 L Cr | ₹587.15 | 14.6 | 11.12 | 61.1% | 0.39 | +18.6% | +29.6% |
| Tata Steel Limited | ₹2.38 L Cr | ₹188.02 | 20.9 | 2.33 | 10.6% | 0.90 | +6.2% | +8.9% |
| Asian Paints Limited | ₹2.35 L Cr | ₹2,392.7 | 49.4 | 11.01 | 20.2% | 0.18 | +5.1% | -2.6% |
| Hindalco Industries Limited | ₹2.23 L Cr | ₹982 | 13.2 | 1.63 | 9.8% | 0.73 | +15.0% | +32.5% |
| Grasim Industries Limited | ₹2.16 L Cr | ₹3,166.5 | 37.3 | 2.09 | 4.8% | 2.20 | +18.2% | +12.8% |
| Solar Industries India Limited | ₹1.79 L Cr | ₹19,480 | 87.0 | 28.44 | 26.7% | 0.29 | +30.6% | +38.9% |
| Vedanta Aluminium Metal Limited | ₹1.69 L Cr | ₹429.4 | 42.7 | — | — | — | — | — |
| Pidilite Industries Limited | ₹1.62 L Cr | ₹1,522 | 61.2 | 14.93 | 22.6% | 0.04 | +11.1% | +0.2% |
| JINDAL STEEL LIMITED | ₹1.20 L Cr | ₹1,157.8 | 42.7 | 2.35 | 6.6% | 0.44 | +5.5% | +10.0% |
| NOVA IRON & STEEL LTD. | ₹53.59 Cr | ₹14.83 | 0.3 | — | — | — | +11.9% | -4.3% |
Ranked by market cap within Basic Materials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 22
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Nova Iron & Steel Ltd (NOVIS): Reading Past the Headline Profit
Nova Iron & Steel Ltd's recent annual profit was largely due to non-operating and exceptional items, not its core steel business. Subsequent quarterly results showed more modest operating profitability. A legal insolvency petition against the company was reportedly dismissed.
Nova Iron & Steel: Financial Results Qualified Due to Unrecognized Interest
InvestyWise · 13 days ago