Nova Iron & Steel Ltd
NSE: NOVAIRNSTL BSE: 513566
₹12.85
(5.16%)
Thu, 12 Mar 2026, 04:20 am
Market Cap441.62M
PE Ratio0.32
Dividend0
Non-Energy Minerals
Steel
24.5KNova Iron & Steel Analysis
dividend
- Unable to evaluate Nova Iron & Steel's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Nova Iron & Steel's dividend against the top 25% market benchmark as the company has not reported any payouts.
health
- Nova Iron & Steel's cash and other short term assets cover its long term commitments.
- Nova Iron & Steel's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- Nova Iron & Steel has less than a year of cash runway if free cash flow continues to grow at historical rates of 23.3% each year.
- Nova Iron & Steel has less than a year of cash runway based on current free cash flow.
- Operating cash flow is negative therefore debt is not well covered.
- Debt is not covered by short term assets, assets are 0.2x debt.
- The level of debt compared to net worth has increased over the past 5 years (427.5% vs 5178.8% today).
- Nova Iron & Steel's level of debt (5178.8%) compared to net worth is high (greater than 40%).
- High level of physical assets or inventory.
management
- The tenure for the Nova Iron & Steel board of directors is about average.
- Hardev's remuneration is about average for companies of similar size in India.
- Hardev's compensation has increased whilst company is loss making.
misc
- Nova Iron & Steel is not covered by any analysts.
- Nova Iron & Steel has significant price volatility in the past 3 months.
past
- Unable to compare Nova Iron & Steel's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Nova Iron & Steel does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
- It is difficult to establish if Nova Iron & Steel has efficiently used its assets last year compared to the IN Metals and Mining industry average (Return on Assets) as it is loss-making.
- It is difficult to establish if Nova Iron & Steel improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
- It is difficult to establish if Nova Iron & Steel has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- Unable to compare Nova Iron & Steel's 1-year growth to the IN Metals and Mining industry average as it is not currently profitable.
value
- BSE:513566 is up 10.3% outperforming the Metals and Mining industry which returned 7.5% over the past month.
- BSE:513566 is up 10.3% outperforming the market in India which returned 8% over the past month.
- Nova Iron & Steel is overvalued based on assets compared to the IN Metals and Mining industry average.
- Nova Iron & Steel is loss making, we can't compare its value to the IN Metals and Mining industry average.
- Nova Iron & Steel is loss making, we can't compare the value of its earnings to the India market.
- 513566 underperformed the Metals and Mining industry which returned -28.6% over the past year.
- 513566 underperformed the Market in India which returned -14.5% over the past year.
Open Your Free Demat Account Now!
Facebook
Twitter
Instagram
LinkedIn
Youtube
Calculators
Popular Calculators
Group Stocks
Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800