NOVA IRON & STEEL LTD. is a Industrial Products company. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
| ₹ crore · consolidated | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 345 | 605 | 698 | 564 | 417 |
| EBITDA (ex other income) | 8 | 16 | 26 | (63) | 167 |
| margin % | 2.2 | 2.6 | 3.7 | (11.2) | 40.1 |
| Owners' profit | (12) | (15) | (2) | (94) | 149 |
| EPS, as reported (₹) | (3.30) | (4.09) | (0.50) | (25.96) | 41.17 |
| ROE % · ROCE % | 36.0 · 395.0 | 30.4 · 9.2 | 3.4 · 6.9 | 60.3 · (61.1) | (1316.8) · 103.1 |
| Debt / equity (x) | (9.41) | (6.83) | (6.28) | (2.55) | (21.86) |
| Cash from operations | 18 | 3 | 18 | (10) | 36 |
| Capex | (0) | (0) | (10) | (36) | 0 |
| ₹ crore | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 146 | 125 | 99 | 98 | 95 | 113 | 108 | 110 |
| Profit before tax | (101) | 4 | (9) | (5) | 149 | 2 | (1) | (12) |
| Net profit | (68) | 4 | (9) | (5) | 158 | 2 | (1) | (12) |
| EPS (₹) | (18.83) | 1.24 | (2.45) | (1.31) | 43.69 | 0.61 | 2.74 | 3.26 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| WELSPUN CORP LIMITED | 70,880 | 30.7 | 7.54 | 30.2 | 17.2 | 14.9 | 21.1 | 18.5 |
| APL APOLLO TUBES LTD | 59,803 | 48.6 | 11.29 | 31.1 | 22.7 | 26.1 | 22.1 | 8.0 |
| SHYAM METALICS AND ENGY L | 29,979 | 26.8 | 2.43 | 12.2 | 8.6 | 11.4 | 24.1 | 14.9 |
| JINDAL SAW LIMITED | 20,016 | 30.5 | 1.63 | 10.5 | 7.5 | 6.8 | 10.9 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · Nova Iron & Steel Q1 FY27 results: going concern doubt, qualified audit | results | medium | — | — |
| 11 Sept 2026 · Nova Iron Steel Q1 FY27 results - auditor flags going concern uncertainty | results | high | — | — |
| 11 Sept 2026 · Newspaper publication of audited FY26 financial results | compliance | minimal | — | — |
| 9 Sept 2026 · Nova Iron Steel FY26 results show qualified opinion and going concern flag | results | high | — | — |
| 9 Sept 2026 · Board approves FY26 audited results with qualified opinion and going concern doubt | results | high | — | — |
| 4 Sept 2026 · Board meeting on 11 Sep 2026 to approve Q1 FY27 results | results | low | — | — |
| 3 Sept 2026 · Board Meeting on 09 Sep 2026 to Consider FY26 Audited Results | results | low | — | — |
| 12 Aug 2026 · NCLT dismisses Section 7 IBC application against Nova Iron and Steel | regulatory legal | high | — | — |
| 8 Aug 2026 · Nova Iron and Steel appoints Mrs. Palak Jindal as Additional Independent Director | management changes | medium | — | — |
| 8 Aug 2026 · Board appoints new Woman Independent Director; flags delay in FY26 audited results | management changes | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 9.4 |
| RATNAMANI MET & TUB LTD. | 19,815 | 45.8 | 4.71 | 23.1 | 12.7 | 15.6 | 14.4 | 18.5 |
| GODAWARI POW & ISP LTD | 15,875 | 18.6 | 2.71 | 12.0 | 13.7 | 17.0 | 5.7 | 21.0 |
| USHA MARTIN LTD. | 15,069 | 29.7 | 4.56 | 19.8 | 14.1 | 17.7 | 12.0 | 21.0 |
| GALLANTT ISPAT LIMITED | 13,270 | 30.6 | 4.00 | 17.7 | 14.6 | 16.8 | 34.4 | 17.8 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 0.4 | 16.2 | 2 of 118 | 99% |
| ROCE | 0.7 | 8.7 | 100 of 120 | 17% |
| ROE | (11.3) | 8.6 | 109 of 114 | 4% |
| Debt / Equity | (14.4) | 0.1 | 2 of 114 | 99% |
| EBITDA margin | (0.7) | 11.0 | 96 of 100 | 4% |
| Revenue growth | 12.4 | 13.7 | 50 of 97 | 49% |
| Profit growth | (149.2) | 29.3 | 100 of 105 | 5% |
| Market cap | 67 | 247 | 81 of 120 | 33% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
