Nova Iron & Steel Ltd
₹12.87▼ -0.67 (-4.95%)
NOVIS·BSE·Industrial Products
Market Cap
48.93 Cr
PE Ratio
0.30
Volume
579
Day High - Low
13.54 - 12.87
52W High-Low
18.46 - 10.54
₹12.87▼ -0.67 (-4.95%)
Market Cap48.93 Cr
PE Ratio0.30
Volume579
Day High - Low13.54 - 12.87
52W High-Low18.46 - 10.54
Nova Iron & Steel Ltd (NOVIS): company summary
The company's business has deteriorated significantly, with annual revenue falling 19.2% and net profit turning into a loss of ₹94 crore, widening from a ₹2 crore loss the previous year.
Nova Iron & Steel Ltd (NOVIS) is a micro-cap Industrial Products company valued at ₹49 crore operating in Iron & Steel Products on the NSE and BSE.
- Recent price move
- Nova Iron & Steel Ltd last traded at ₹12.87, down 4.95% on the day.
- Recent developments
- 2026-06-30: Promoter holding remained at 44.16%, with no changes reported. 2025-09-30: The company reported a net loss of ₹1 crore for the quarter, a significant improvement from the previous quarter's ₹9 crore loss. 2025-06-30: The company reported a net profit of ₹2 crore for the quarter, marking a turnaround from the previous quarter's loss.
- Financial performance
- The company's business has deteriorated significantly, with annual revenue falling 19.2% and net profit turning into a loss of ₹94 crore, widening from a ₹2 crore loss the previous year. The latest quarter showed some improvement, with revenue rising 8.7% year-on-year to ₹108 crore and the net loss narrowing to ₹1 crore from ₹9 crore.
- Valuation multiples
- The stock trades at 0.3 times earnings, -3.99 times book value.
- Things to watch
- The company is currently in a net loss of ₹94 crore for the year, with the net profit margin at -16.7%, a sharp decline from -0.3% the previous year. Revenue has declined at a compound annual rate of -67.3% over the last three years, indicating a severe contraction in business performance.
- Where it stands
- Nova Iron & Steel Ltd ended the latest quarter with a net loss of ₹1 crore, a marked improvement from the previous quarter's ₹9 crore loss, but the annual net profit remains a loss of ₹94 crore, widening from a ₹2 crore loss the previous year. The most significant movement is the narrowing of the net loss in the latest quarter compared to the same quarter a year earlier.
Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
DocStoX Score
0.7/10
Poor
Fair Value
Sign in to see
ROE
7.73%
Weak
P/E
0.30x
Cheap
Debt / Equity
7.82
High
Industry
Industrial Products
Iron & Steel Products
Overall View
Mixed
Price performance
Day₹12.87
₹13.54
52W₹10.54
₹18.46
DocStoX take
Supported by valuation (7.5), but held back by growth (0.0). Valuation looks strong at 7.5, but that is offset by growth at 0.0 and quality at 0.9 and risk at 1.8 and momentum at 2.1. We are calling it Mixed rather than resolving the conflict for you. The latest financials on file are more than 18 months old, so treat the fundamental measures with caution.
DocStoX score
Low confidence0.7
/10
Poor
Quality
Weak
ROE 7.7%
Valuation
Cheap
P/E 0.3×
Growth
Flat
Revenue -16.4% 5Y CAGR
Risk
High risk
D/E 7.82
Momentum
Weak
29% of 52-week range
At a glance
Market Cap
₹49 Cr
52W High / Low
₹18 / ₹11
Dividend Yield
0.00%
Promoter Holding
44.16%
EPS (TTM)
₹42.90
Book Value
—
Key highlights
- Undemanding at 0× earnings
- Revenue shrinking 16% a year
- High leverage — debt is 7.8× equity
1 Positive4 Watchouts
Growth
Financials
Technicals
Peers
News
Forecasts
About the company
More data
Filings, corporate actions and ownership detail — opened on demand.
More Industrial Products stocks · Iron & Steel Products
Explore Nova Iron & Steel Ltd’s valuation
Free deep-dive tools · no sign-up
Fair ValueOur fair-value estimate, upside, and Bear/Base/Bull scenarios.Intrinsic ValueGraham & earnings-power intrinsic value with margin of safety.DCFDiscounted cash flow — free cash flow, growth, value per share.ValuationP/E, P/B, earnings yield and the full multiples picture.Financial RatiosProfitability, leverage and efficiency ratios at a glance.PeersHow it stacks up against its closest listed competitors.
Nova Iron & Steel Ltd peers in Industrial Products
Other Industrial Products stocks on the NSE & BSE. See the full Industrial Products sector list.
Related tools & concepts
Value Nova Iron & Steel Ltd with the ratios and calculators DocStoX uses in its analysis.
P/E RatioPrice to earningsReturn on Equity (ROE)ProfitabilityROCECapital efficiencyDebt to EquityLeverageP/B RatioPrice to bookNet Profit MarginBottom-line efficiencyDCF / Intrinsic ValueEstimate fair valueCAGR CalculatorAnnualised returnDividend YieldIncome on pricePosition SizeRisk-based sizingBrokerage CalculatorCharges on a tradeSIP CalculatorSystematic investing