1. India Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Nova Iron & Steel Ltd.

Nova Iron & Steel Ltd.

BBSE:NOVIS
12.98
INR
-0.26
(-1.96%)
-4.80EPS
446.68MMarket Cap
Nova Iron & Steel Ltd.
BSE:NOVIS
(Bombay Stock Exchange)

Recent

price

12.98

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
0.53
20.05
12.65
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
Revenue per Share
-0.57
-4.38
-0.5
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
Basic EPS, GAAP
-0.33
-22.09
-0.39
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
- -
Free Cash Flow per Basic Share
- -
0.92
0.76
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
2.94
1.88
6.53
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
- -
Book Value per Share
2.94
1.88
6.53
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
- -
Tangible Book Value per Share
151
36
96
36
36
36
36
36
36
36
36
36
36
36
36
36
36
Basic Weighted Avg Shares
80
724
1,214
532
91
114
318
3
5
476
3,426
5,997
6,862
5,374
4,169
4,667
4,212
Sales/Revenue/Turnover
-104.85
-17.68
2.24
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
Operating Margin (%)
28
19
28
25
17
13
12
10
9
73
87
99
99
451
195
224
185
Depreciation Expense
-85
-158
-48
70
-20
-44
26
23
6
-515
-119
-148
-18
-938
1,488
-160
-173
Net Income, GAAP
- -
- -
- -
0.71
- -
- -
4.34
- -
7.26
- -
330.01
- -
152.66
- -
- -
- -
- -
Effective Tax Rate (%)
-106.78
-21.87
-3.94
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
Profit Margin (%)
244
-216
-618
-1,304
-2,194
-2,443
-2,702
-3,013
-3,558
-3,899
-3,761
-799
-775
-554
-982
-1,091
- -
Working Capital
10
21
- -
- -
- -
- -
- -
- -
- -
- -
- -
3,147
3,135
3,196
1,535
1,541
- -
LT Debt
442
284
236
306
286
238
264
295
302
-222
-331
-506
-527
-1,602
-113
-271
- -
Total Equity
- -
- -
- -
6.65
- -
- -
4.02
- -
-0.08
- -
-0.65
- -
-3.2
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
15.26
- -
- -
4.06
- -
0.3
- -
-4.49
- -
-3.88
- -
- -
- -
- -
Return on Capital (%)
-8.22
-43.64
-18.39
25.74
-6.74
-16.96
10.22
8.16
2.09
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

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
- -
- -
- -
- -
- -
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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.