BIHAR SPONGE IRON LTD.
Latest filings
- Routine compliance certificate for Q2 FY27 dematerialization · Compliance
- Newspaper notice on SEBI special window for physical share transfer · Compliance
- 44th AGM: All 4 resolutions passed with 99.99% approval · Board & Shareholder Meetings
Snapshot
What the business is, and whether it's a good one at a fair price.
Manufactures sponge iron at a single plant in Jharkhand, with the facility currently operated by Amalgam Steel & Power Limited under a Facility User Agreement signed on 23 March 2026. The previous operator, Vanraj Steels Private Limited, abruptly suspended operations in February 2026. Sponge iron is the sole revenue stream, contributing Rs. 245.48 crore in FY26 against Rs. 349.32 crore in FY25. Raw materials (iron ore and coal) account for 81.4% of revenue, with other operating expenses adding a further 16.8%. FY26 EBITDA margin stood at 6.17%, yielding a net profit of Rs. 11.32 crore on total assets of Rs. 92.27 crore. The plant site also includes a railway siding used for material movement.
Scorecard
Measured from the filed financials, judged against its Ferrous Metals peers · as of FY26 — not investment advice
Strengths
Concerns
Charts
How has the market priced it — with filings on the timeline?
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Peers
How does it stack up on valuation, returns and growth?
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Financials
Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Ownership
Who owns it — and is the promoter stake clean?
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Common questions
Answered from BIHAR SPONGE IRON LTD.'s filed financials and exchange disclosures
What does BIHAR SPONGE IRON LTD. do?
BIHAR SPONGE IRON LTD. is a Ferrous Metals company listed on BSE.
Is BIHAR SPONGE IRON LTD. profitable?
Yes. Over the trailing twelve months BIHAR SPONGE IRON LTD. reported a net profit of ₹11 Cr on revenue of ₹245 Cr.
Does BIHAR SPONGE IRON LTD. pay a dividend?
Not in the latest reported year — BIHAR SPONGE IRON LTD.'s dividend payout for FY26 was nil.
Is BIHAR SPONGE IRON LTD. debt-free?
No. It reported borrowings of ₹112 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹111 Cr after cash. Its net worth is negative — liabilities exceed assets by ₹34 Cr, so a debt-to-equity ratio is not meaningful.
Is BIHAR SPONGE IRON LTD. expensive compared with its peers?
On trailing P/E, BIHAR SPONGE IRON LTD. ranks 5 of 22 in Ferrous Metals — cheaper than 81% of them, against an industry median of 13.2×. This is a position, not a valuation judgement.
How much does the BIHAR SPONGE IRON LTD. share price move in a day?
On a typical session BIHAR SPONGE IRON LTD. moves 1.59% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.
Where can I track BIHAR SPONGE IRON LTD.'s announcements?
Every NSE and BSE filing by BIHAR SPONGE IRON LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.