Nova Iron & Steel Ltd (NOVAIRNSTL) — shareholding pattern, promoter holding, financials and share price
About Nova Iron & Steel Ltd (NOVAIRNSTL)
Nova Iron & Steel Ltd operates in the Iron & Steel Products industry, within the Capital Goods sector. It trades on the NSE as NOVAIRNSTL and on the BSE under scrip code 513566. Its ISIN is INE608C01026.
Incorporated in 1989, Nova Iron & Steels Ltd is engaged in the manufacturing of steel products. [1]
Nova Iron & Steel Ltd is a prominent manufacturer of sponge iron and steel in India.
The company was one of the initial entrants in the coal-based sponge iron production in India, leveraging technology from Germany.
Listed peers in Iron & Steel Products: Deem Roll-Tech Ltd, Dhatre Udyog Ltd, Umiya Tubes Ltd, Tulsyan NEC Ltd, Grand Foundry Ltd.
Valuation & Returns
10 Jul 2026At ₹12.49 a share on 10 Jul 2026, Nova Iron & Steel Ltd (NOVAIRNSTL) was valued at a price-to-earnings ratio of 0.31x against an industry P/E of 37x. Solomo computes return on equity of 143.95% and return on capital employed of 62.71% from filed results. Earnings ratios use standalone results for the twelve months Mar 2025 to Dec 2025.
- P/E
- 0.31x
- Industry P/E
- 37x
- EPS (TTM)
- ₹40.75
- Book value / share
- ₹-3.13
- ROE
- 143.95%
- ROCE
- 62.71%
- ROA
- 48.1%
- Debt / equity
- -26.44x
- Dividend yield
- 0%
- EBITDA margin
- 39.87%
- 52-week range
- ₹10.54 – ₹16.89
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2018In the year ended Mar 2018, Nova Iron & Steel Ltd (NOVAIRNSTL) reported revenue of ₹19.61 crore, net profit of ₹2.28 crore and earnings per share of ₹0.63. That compares with revenue of ₹53.25 crore and net profit of ₹2.56 crore in Mar 2017. Figures are consolidated, as filed with the exchanges.
In the quarter ended Dec 2025, revenue was ₹109.82 crore and net profit ₹-11.77 crore (standalone).
| Metric | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|
| Revenue (₹ cr) | 15.6 | 53.25 | 19.61 |
| Net profit (₹ cr) | -4.45 | 2.56 | 2.28 |
| EPS (₹) | -1.23 | 0.71 | 0.63 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 42.68% | 51.52% | -11.69% | -63.19% |
| Profit growth | - | - | - | -10.94% |
| Stock price CAGR | 6% | -7% | -19% | -17% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 44.16% of Nova Iron & Steel Ltd (NOVAIRNSTL) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0% and domestic institutional investors (DII) hold 1.32%. Market capitalisation was ₹45 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2003.
Largest disclosed public shareholders in Jun 2026: BHUSHAN POWER AND STEEL LTD 25.65%, SHRIM INVESTMENT SOLUTIONS PRIVATE LIMITED 3.68%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 44.16% | - | 0% | 1.32% | 55.84% |
| Mar 2026 | 44.16% | - | 0% | 1.32% | 55.84% |
| Dec 2025 | 44.16% | - | - | 1.32% | 55.84% |
| Sep 2025 | 44.16% | - | - | 1.32% | 55.84% |
| Jun 2025 | 44.16% | - | - | 1.32% | 55.84% |
| Mar 2025 | 44.16% | - | - | 1.32% | 55.84% |
| Dec 2024 | 44.16% | - | - | 1.32% | 55.84% |
| Sep 2024 | 44.16% | - | - | 1.32% | 55.84% |