1. India Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Nova Iron & Steel Ltd.

Nova Iron & Steel Ltd.

BBSE:NOVIS
13.24
INR
-0.29
(-2.14%)
-4.80EPS
446.68MMarket 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
14.71
2.52
3.15
8.79
0.08
0.15
13.16
94.79
165.95
189.87
148.69
115.36
129.16
116.66
Basic EPS, GAAP
1.93
-0.55
-1.23
0.71
0.63
0.17
-14.26
-3.3
-4.09
-0.5
-25.96
41.17
-4.42
-4.8
Free Cash Flow per Basic Share
3.43
-25.3
-4.79
0.65
-7.74
-28.13
-0.53
4.88
0.94
2.38
-12.94
-3.9
-7.97
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
8.46
7.91
6.59
7.3
8.15
8.34
-6.14
-9.16
-14
-14.58
-44.34
-3.13
-7.49
- -
Tangible Book Value per Share
8.46
7.91
6.59
7.3
8.15
8.34
-6.14
-9.16
-14
-14.58
-44.4
-3.26
-7.68
- -
Basic Weighted Avg Shares
36
36
36
36
36
36
36
36
36
36
36
36
36
36
Sales/Revenue/Turnover
532
91
114
318
3
5
476
3,426
5,997
6,862
5,374
4,169
4,667
4,212
Operating Margin (%)
30.19
-22.28
-2.49
29.14
2,532.64
-733.52
-93.05
0.24
1.83
2.29
-7.92
-2.45
-2.39
-4.02
Depreciation Expense
25
17
13
12
10
9
73
87
99
99
451
195
224
185
Net Income, GAAP
70
-20
-44
26
23
6
-515
-119
-148
-18
-938
1,488
-160
-173
Effective Tax Rate (%)
0.71
- -
- -
4.34
- -
7.26
- -
330.01
- -
152.66
- -
- -
- -
- -
Profit Margin (%)
13.11
-21.84
-39.01
8.08
772.79
116.07
-108.36
-3.48
-2.46
-0.26
-17.46
35.69
-3.42
-4.11
Working Capital
-1,304
-2,194
-2,443
-2,702
-3,013
-3,558
-3,899
-3,761
-799
-775
-554
-982
-1,091
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
3,147
3,135
3,196
1,535
1,541
- -
Total Equity
306
286
238
264
295
302
-222
-331
-506
-527
-1,602
-113
-271
- -
Return on Invested Capital (%)
6.65
- -
- -
4.02
- -
-0.08
- -
-0.65
- -
-3.2
- -
- -
- -
- -
Return on Capital (%)
15.26
- -
- -
4.06
- -
0.3
- -
-4.49
- -
-3.88
- -
- -
- -
- -
Return on Common Equity (%)
25.74
-6.74
-16.96
10.22
8.16
2.09
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,110
- -
LT Borrowings
- -
607
- -
LT Finance Leases
- -
934
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
36
36
36
Market Capitalization
475
409
447

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
455
- -
Cash, Cash Equivalents & STI
- -
10
- -
Accounts Receivable, Net
- -
108
- -
Inventories
- -
121
- -
Total Current Liabilities
- -
1,547
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,110
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.79%
61.55%
139.51%
Free Cash Flow
-281.37%
-107.58%
104.67%
Net Income, GAAP
-401.18%
939.44%
-110.73%
Sales/Revenue/Turnover
961.95%
11.46%
11.93%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,251
994
977
947
4,169
2026
1,130
1,080
1,098
1,358
4,667
2027
675
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.24
-2.45
-1.31
43.69
41.17
2026
0.61
-0.29
-3.26
-1.48
-4.42
2027
0.24
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Dinesh Kumar Yadav
Full Time Employees
266
Sector
Non-energy minerals
Industry
Steel
Address
House No. 59 Bilaspur CT India 492001
IPO Date
Jan 2, 1995
Website
novaironsteel.com
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Business
Nova Iron & Steel Limited engages in the manufacturing and distribution of iron and steel products in India. The company produces sponge iron through direct reduction of iron ore at its plant in Village Dagori, Tehsil Belha, District Bilaspur, Chhattisgarh, with an installed capacity of 150,000 MT per annum; sponge iron fines; and iron ore, which serve as key inputs for steel production. Founded in 1989 and headquartered in Bilaspur, Chhattisgarh, it also trades metals and securities while operating primarily in the domestic market. In November 2025, the company completed the sale of key assets to Shree Balaji Steel & Metal for ₹122.07 crore to reduce debt outside a scheme of arrangement.