Inducto Steel

Why is Inducto Steel Ltd falling/rising?

As of 05-Jul, Inducto Steel Ltd's stock price is at 64.56, reflecting an 8.5% increase and strong performance with a 17.38% rise over the past week. The stock has significantly outperformed the Sensex, gaining 40.26% year-to-date, and shows bullish trends with increased investor interest.

As of 05-Jul, Inducto Steel Ltd's stock price is rising, currently at 64.56, reflecting a change of 5.06 or 8.5% increase. The stock has shown strong performance over the past week, with a rise of 17.38%, significantly outperforming the Sensex, which only increased by 0.86% during the same period. Over the past month, the stock has gained 25.60%, while the Sensex has risen by just 4.60%. Year-to-date, Inducto Steel has achieved a remarkable 40.26% increase, contrasting sharply with the Sensex's decline of 8.75%.<BR><BR>Today's performance indicates that the stock has outperformed its sector by 4.69% and has been on a consecutive gain streak for the last three days, accumulating a total return of 19.37% in this period. The stock reached an intraday high of Rs 65.45, marking a 10% increase. Furthermore, it is trading above all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), which typically signals a bullish trend.<BR><BR>Investor participation has also increased, with delivery volume on July 2 rising by 84.41% compared to the 5-day average, indicating heightened interest in the stock. Overall, these factors contribute to the upward movement of Inducto Steel Ltd's stock price.

Which are the latest news on Inducto Steel?

How big is Inducto Steel?

As of 10th June, Inducto Steel Ltd has a market capitalization of 22.00 Cr, with net sales of 165.70 Cr and a net profit of 0.53 Cr over the latest four quarters.

As of 10th June, Inducto Steel Ltd has a market capitalization of 22.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Inducto Steel reported net sales of 165.70 Cr and a net profit of 0.53 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with shareholder's funds amounting to 39.49 Cr and total assets of 55.82 Cr.

Who are in the management team of Inducto Steel?

The management team of Inducto Steel includes Rajeev Shantisarup Reniwal (Chairman & Managing Director), Sweety Rajeev Reniwal (Director), Yogesh Anantrai Thakkar (Independent Director), Bhushanlal Behl (Independent Director), and Fulvanti Jain (Company Secretary & Compliance Officer).

The management team of Inducto Steel includes the following individuals:<BR><BR>1. **Rajeev Shantisarup Reniwal** - Chairman & Managing Director<BR>2. **Sweety Rajeev Reniwal** - Director<BR>3. **Yogesh Anantrai Thakkar** - Independent Director<BR>4. **Bhushanlal Behl** - Independent Director<BR>5. **Fulvanti Jain** - Company Secretary & Compliance Officer<BR><BR>If you have any more questions about the company or its operations, feel free to ask!

Who are the peers of the Inducto Steel?

Inducto Steel's peers include Unison Metals, Shree Marutinand, Mukat Pipes, and others, with Shree Marutinand showing excellent growth and good capital structure, while Inducto Steel has good growth but below average management and capital structure. In terms of returns, Inducto Steel's 1-year return is -35.19%, better than Unison Metals' -63.51% but worse than Shree Marutinand.

Peers: The peers of Inducto Steel are Unison Metals, Shree Marutinand, Mukat Pipes, Bloom Industries, Crimson Metal, Earthstahl &All., Modern Steels, Precision Metal, and Supreme Engg.<BR><BR>Quality Snapshot: Below Average management risk is observed at Unison Metals, Inducto Steel, Bloom Industries, Crimson Metal, Earthstahl &All., Precision Metal, and Supreme Engg., while Average management risk is found at Shree Marutinand. Excellent growth is noted at Shree Marutinand, while Good growth is seen at Inducto Steel, and Average growth is present at Bloom Industries, with the rest showing Below Average growth. Below Average capital structure is indicated for Unison Metals, Inducto Steel, Bloom Industries, Crimson Metal, Earthstahl &All., and Supreme Engg., while Good capital structure is noted at Shree Marutinand and Average capital structure at Precision Metal.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Crimson Metal at 367.38%, while the peer with the lowest is Unison Metals at -63.51%. Inducto Steel's 1-year return is -35.19%, which is better than Unison Metals but worse than Shree Marutinand. Additionally, the six-month returns are negative for Unison Metals, Bloom Industries, Earthstahl &All., and Supreme Engg.

What does Inducto Steel do?

Inducto Steel Ltd is a diversified company involved in ship breaking and trading metal scrap, coal, and aluminum foil, classified as a Micro Cap. As of March 2026, it reported net sales of 65 Cr and a net profit of 1 Cr.

Overview:<BR>Inducto Steel Ltd is a diversified company engaged in ship breaking activities and trading in metal scrap, coals, aluminum foil, and other inputs, operating within the Iron & Steel Products industry and classified as a Micro Cap.<BR><BR>History:<BR>Inducto Steel Ltd was incorporated in November 1988 in the State of Gujarat. The company experienced production challenges due to a fire in its plant during the fiscal year 1996-97. The latest reported quarterly results indicate net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 65 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 1 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 22 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 41.00<BR>- Industry P/E: 21<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.30<BR>- Return on Equity: 1.32%<BR>- Price to Book: 0.54<BR><BR>Contact Details:<BR>Address: 156 Maker Chambers VI 220, Jamnalal Bajaj Marg NarimanPoi Mumbai Maharashtra : 400021<BR>Tel: 91-22-22043211<BR>Email: contact@hariyanagroup.com<BR>Website: http://www.hariyanagroup.com

Should I buy, sell or hold Inducto Steel Ltd?

Are Inducto Steel Ltd latest results good or bad?

Inducto Steel Ltd's latest Q4 FY26 results show a significant improvement with a net profit of ₹1.39 crore and a 94.77% revenue increase, indicating a positive turnaround. However, ongoing financial challenges and a net loss for FY25 suggest caution is warranted despite the recent gains.

Inducto Steel Ltd's latest results for Q4 FY26 show a significant improvement compared to previous quarters, indicating a positive turnaround. The company reported a net profit of ₹1.39 crore, which is an impressive 892.86% increase quarter-on-quarter. Revenue also surged to ₹64.84 crore, reflecting a 94.77% increase from the previous quarter. Additionally, the operating margin improved to 4.12%, the highest in eight quarters.<BR><BR>However, while these quarterly results are encouraging, they come after two consecutive loss-making quarters, and the overall financial picture for FY25 remains concerning. The company reported a net loss of ₹3.00 crore for the full year, despite a revenue increase of 51.90%. This highlights ongoing challenges in achieving consistent profitability.<BR><BR>Moreover, the company faces issues such as weak return on equity, high levels of share pledging, and negative cash flows, which raise red flags about its financial health. The stock has also underperformed compared to its peers and the broader market over the past year.<BR><BR>In summary, while the latest quarterly results are good and indicate a recovery, the broader context of financial instability and past performance suggests that caution is warranted.

When is the next results date for Inducto Steel Ltd?

The next results date for Inducto Steel Ltd is 29 May 2026.

The next results date for Inducto Steel Ltd is scheduled for 29 May 2026.

Is Inducto Steel overvalued or undervalued?

As of November 14, 2025, Inducto Steel is considered undervalued and attractive despite its negative PE ratio of -15.42, especially when compared to peers like Elitecon International and PTC India, indicating potential for recovery and future appreciation despite recent underperformance against the Sensex.

As of 14 November 2025, the valuation grade for Inducto Steel has moved from risky to attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, especially when compared to its peers. Key ratios include a PE ratio of -15.42, an EV to EBITDA ratio of 39.69, and a Price to Book Value of 0.60, which highlight its current financial challenges but also suggest potential for recovery.<BR><BR>In comparison to its peers, Inducto Steel's valuation stands out; for instance, Elitecon International is categorized as very expensive with a PE ratio of 309.88, while PTC India, deemed very attractive, has a PE ratio of 7.52. This context reinforces the notion that Inducto Steel may be undervalued given its attractive rating despite its negative earnings. Additionally, while the stock has underperformed against the Sensex in the short term, it has shown substantial growth over longer periods, suggesting potential for future appreciation.

How has been the historical performance of Inducto Steel?

Inducto Steel has experienced significant revenue growth from INR 2.93 crore in Mar'21 to INR 158.57 crore in Mar'25, but it faces challenges with rising expenditures, resulting in operating losses and negative profitability, with a profit after tax of INR -3.72 crore in Mar'25. The company also reported negative cash flow from operations at INR -11.00 crore for the same period.

Answer:<BR>The historical performance of Inducto Steel shows significant fluctuations in revenue and profitability over the years. <BR><BR>Breakdown:<BR>Inducto Steel's net sales have seen a substantial increase from INR 2.93 crore in Mar'21 to INR 158.57 crore in Mar'25, reflecting a strong growth trajectory. However, the total expenditure has also risen sharply, reaching INR 161.11 crore in Mar'25, which has led to an operating loss of INR -2.54 crore for the same period. The company reported a profit before tax of INR -4.68 crore in Mar'25, down from a profit of INR 0.26 crore in Mar'24, indicating a decline in profitability. The profit after tax also turned negative at INR -3.72 crore in Mar'25, compared to a profit of INR 0.16 crore in the previous year. The total assets of Inducto Steel stood at INR 55.82 crore in Mar'25, while total liabilities increased to INR 55.82 crore, resulting in a net current asset position of INR 9.96 crore. The cash flow from operating activities was negative at INR -11.00 crore in Mar'25, reflecting challenges in generating cash from core operations. Overall, while revenue growth is evident, the company faces significant challenges in managing costs and achieving profitability.

Who are the top shareholders of the Inducto Steel?

The top shareholders of Inducto Steel include Rakesh Shantisarup Reniwal with 37.09%, followed by public shareholder Babita Sandip Agarwal at 5.06%, while individual investors collectively hold 26.5%. There are currently no mutual funds or foreign institutional investors holding shares in the company.

The top shareholders of Inducto Steel primarily include the promoters, with Rakesh Shantisarup Reniwal holding the largest share at 37.09%. Additionally, the highest public shareholder is Babita Sandip Agarwal, who owns 5.06%. It's also noteworthy that individual investors collectively hold 26.5% of the shares. Currently, there are no mutual funds or foreign institutional investors (FIIs) holding shares in the company.

What is the technical trend for Inducto Steel?

As of June 4, 2025, Inducto Steel's technical trend is mildly bullish, supported by a bullish weekly MACD and Bollinger Bands, although caution is advised due to a mildly bearish monthly MACD and daily moving averages indicating short-term weakness.

As of 4 June 2025, the technical trend for Inducto Steel has changed from mildly bearish to mildly bullish. The weekly MACD is bullish, supporting the positive shift, while the monthly MACD remains mildly bearish, indicating some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, reinforcing the upward momentum. The Dow Theory shows a mildly bullish stance on both weekly and monthly charts. However, the daily moving averages are mildly bearish, suggesting short-term weakness. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some mixed signals from other indicators.

Has Inducto Steel declared dividend?

Inducto Steel Ltd has declared a 35% dividend, amounting to 3.5 per share, with an ex-date of September 18, 2013. However, the dividend yield is 0%, as dividends have not contributed to total returns, which have been driven solely by significant price appreciation over the years.

Inducto Steel Ltd has declared a 35% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 35%<BR>- Amount per share: 3.5<BR>- Ex-date: 18 Sep 13<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was 20.57%, the dividend return was 0%, resulting in a total return of 20.57%.<BR><BR>For the 1-year period, the price return was 43.84%, the dividend return was 0%, leading to a total return of 43.84%.<BR><BR>Over the 2-year period, the price return was 149.21%, with a dividend return of 0%, culminating in a total return of 149.21%.<BR><BR>In the 3-year period, the price return was 111.31%, the dividend return was 0%, resulting in a total return of 111.31%.<BR><BR>For the 4-year period, the price return was 285.84%, with a dividend return of 0%, leading to a total return of 285.84%.<BR><BR>In the 5-year period, the price return was 472.16%, the dividend return was 0%, culminating in a total return of 472.16%.<BR><BR>Overall, Inducto Steel Ltd has declared a dividend, but the dividend yield remains at 0%, indicating that while the company has provided dividends, the returns from dividends have not contributed to the overall return in recent periods. The total returns over the years show significant price appreciation, reflecting strong performance in the stock price.