Bihar Sponge Iron Limited

Bihar Sponge Iron Limited

BBSE:BIHSPONG
11.42
INR
-0.37
(-3.14%)
1.30EPS
9.45P/E
1.11BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
2.12
- -
- -
- -
- -
- -
- -
2.45
9.58
51.37
29.56
35.41
27.21
18.67
Basic EPS, GAAP
-1.97
-0.82
-0.65
-0.42
-0.01
-0.01
-0.09
0.44
0.92
1.35
0.83
1.15
1.26
1.3
Free Cash Flow per Basic Share
-0.2
-0.06
-0.09
-0.31
0.04
-0.02
0.11
1.09
0.3
-1.92
1.93
0.67
-0.34
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-6.3
-8.52
-9.17
-9.59
-9.6
-9.61
-9.71
-9.27
-8.35
-7.01
-6.18
-5.03
-3.77
- -
Tangible Book Value per Share
-6.36
-8.57
-9.22
-9.64
-9.66
-9.61
-9.71
-9.27
-8.35
-7.01
-6.18
-5.03
-3.77
- -
Basic Weighted Avg Shares
90
90
90
90
90
90
90
90
90
90
90
90
90
90
Sales/Revenue/Turnover
191
- -
- -
- -
- -
- -
- -
221
864
4,634
2,667
3,194
2,455
1,680
Operating Margin (%)
-81.53
- -
-21,135.06
- -
-244,053.33
- -
- -
14.8
3.52
4.23
-3.1
-3.03
-1.98
-5.86
Depreciation Expense
34
45
44
43
43
43
33
29
30
42
42
40
38
36
Net Income, GAAP
-177
-74
-59
-38
-1
-1
-8
40
83
121
74
104
113
117
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-92.91
- -
-16,869.54
- -
-4,090
- -
- -
17.94
9.57
2.62
2.79
3.25
4.61
6.96
Working Capital
-731
-759
-793
-840
-805
-755
-749
-739
-985
-581
-408
-202
52
- -
LT Debt
686
686
658
616
617
620
607
554
560
871
852
825
842
- -
Total Equity
-568
-769
-827
-865
-866
-867
-876
-836
-753
-632
-557
-454
-340
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
13.03
14.01
18.13
-26.64
-25.18
-18.7
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
19.45
20.42
21.13
10.97
16.28
15.92
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
275
- -
LT Borrowings
- -
842
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
90
90
90
Market Capitalization
1,050
1,001
1,108

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
463
- -
Cash, Cash Equivalents & STI
- -
7
- -
Accounts Receivable, Net
- -
357
- -
Inventories
- -
40
- -
Total Current Liabilities
- -
411
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
275
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-8.02%
-16.28%
-24.99%
Free Cash Flow
-98.08%
-248.04%
-150.83%
Net Income, GAAP
10.17%
33.08%
8.93%
Sales/Revenue/Turnover
- -
136.34%
-23.15%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,039
638
533
985
3,194
2026
775
638
873
169
2,455
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.41
0.16
0.21
0.37
1.15
2026
0.23
0.19
0.69
0.14
1.26
2027
0.28
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Vijay Kumar Singh
Full Time Employees
157
Sector
Non-energy minerals
Industry
Steel
Address
Umesh Nagar Kharsawan JH India 832401
IPO Date
Jan 2, 1990
Business
Bihar Sponge Iron Limited (BSIL), founded in 1982 and headquartered at Umesh Nagar, Chandil in Jharkhand, India, manufactures sponge iron, also known as direct reduced iron (DRI), using indigenous iron ore and non-coking coal via the Lurgi SL/RN coal-based process; it trades plastic packaging materials and operates a 5 MW captive power plant to support operations. The company, India's first merchant sponge iron plant with a current production capacity of 210,000 metric tonnes per annum, serves the steel industry by supplying DRI as a substitute for scrap in electric arc and induction furnaces, primarily operating in domestic markets with over 500 employees. Promoted jointly by Bihar State Industrial Development Corporation Ltd., Modi Group, German Investment and Development Company, and International Finance Corporation in collaboration with Lurgi Metallurgy GmbH, Germany, BSIL commenced commercial production in 1989 following plant completion in record time. Recent developments include management changes with the transfer of General Manager-Purchase Neeraj Kumar Bansal effective October 1, 2025, issuance of Regulation 74(5) certificate for the quarter ended September 30, 2025 confirming dematerialization processing, and a 19.86% rise in standalone net profit to Rs 1.75 crore for the quarter ended September 2025, alongside revenue of Rs 106.87 crore and net profit of Rs 3.36 crore for Q4 fiscal 2025.