Newmalayalam St.

Why is Newmalayalam Steel Ltd falling/rising?

As of 24-Aug, the stock price of Newmalayalam Steel Ltd is at 23.75, unchanged, but has declined 28.46% over the past year, significantly worse than the Sensex's 2.62% decline. Despite a recent short-term increase, overall performance and declining investor participation suggest a negative outlook for the stock.

As of 24-Aug, the stock price of Newmalayalam Steel Ltd is currently at 23.75, showing no change (0.00%). Despite this stability in the current price, the stock has experienced a decline of 28.46% over the past year, which is significantly worse than the Sensex's decline of only 2.62% during the same period. <BR><BR>In the short term, the stock has shown some positive movement, with a weekly increase of 3.26%, outperforming the Sensex, which has decreased by 0.28% in the same timeframe. Additionally, the stock has risen by 6.74% over the past month, while the Sensex has gained only 1.90%. However, the performance today indicates that the stock has underperformed its sector by 1.67%.<BR><BR>Investor participation appears to be declining, as evidenced by a 28.57% drop in delivery volume compared to the 5-day average. Furthermore, while the stock is trading above its 5-day moving average, it is below the 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the longer term.<BR><BR>Overall, the combination of a significant year-over-year decline, underperformance against the sector today, and falling investor participation indicates that Newmalayalam Steel Ltd is facing challenges that could contribute to a negative outlook for its stock price.

Which are the latest news on Newmalayalam St.?

What does Newmalayalam St. do?

Newmalayalam Steel Ltd, a Micro Cap company established in 2017, operates in the Iron & Steel Products industry. It has a market cap of INR 40 Cr, with key metrics including a P/E ratio of 6.00 and a return on equity of 8.29%.

Overview:<BR>Newmalayalam Steel Ltd operates in the Iron & Steel Products industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>Newmalayalam Steel Ltd was incorporated on March 31, 2017, as 'NewMalayalam Steel Private Limited'. There have been no reported status changes, and revenue and profit data are not available for any recent quarter.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 40 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 6.00<BR>Industry P/E: 24<BR>Dividend Yield: 0.00%<BR>Debt Equity: 0.00<BR>Return on Equity: 8.29%<BR>Price to Book: 0.47<BR><BR>Contact Details:<BR>Registrar Address: Not available.

Who are the peers of the Newmalayalam St.?

The peers of Newmalayalam St. include Abha Power, Swastik Pipe, Metal Coatings, Dhatre Udyog, Nova Iron & Steel, Rathi Bars, and Umiya Tubes. Newmalayalam St. has a 1-year return of -23.89%, better than Abha Power (-42.54%) and Swastik Pipe (-40.25%).

Peers: The peers of Newmalayalam St. are Abha Power, Swastik Pipe, Metal Coatings, Dhatre Udyog, Nova Iron & Steel, Rathi Bars, and Umiya Tubes.<BR><BR>Quality Snapshot: Average management risk is observed at Abha Power and Metal Coatings, while Below Average management risk is found at Swastik Pipe, Newmalayalam St., Dhatre Udyog, Nova Iron & Steel, Rathi Bars, and Umiya Tubes. Growth is rated as Below Average for Abha Power, Swastik Pipe, Newmalayalam St., Dhatre Udyog, Nova Iron & Steel, Rathi Bars, and Umiya Tubes, while Metal Coatings has Below Average growth. Good capital structure is noted at Newmalayalam St. and Metal Coatings, whereas Average capital structure is seen at Abha Power, and Below Average capital structure is present at Swastik Pipe, Dhatre Udyog, Nova Iron & Steel, Rathi Bars, and Umiya Tubes.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Abha Power at -42.54%, while the peer with the lowest 1-year return is Swastik Pipe at -40.25%. Newmalayalam St. has a 1-year return of -23.89%, which is better than both Abha Power and Swastik Pipe. Additionally, peers such as Abha Power, Swastik Pipe, Dhatre Udyog, Rathi Bars, and Umiya Tubes have negative six-month returns.

How big is Newmalayalam St.?

As of 14th August, Newmalayalam Steel Ltd has a market capitalization of 40.00 Cr, classified as a Micro Cap, with no valid financial data available for Net Sales and Net Profit for the latest four quarters. Shareholder's Funds are valued at 78.34 Cr, and Total Assets amount to 108.60 Cr as of March 2025.

As of 14th August, <BR><BR>Market Cap: Newmalayalam Steel Ltd has a market capitalization of 40.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales and Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2025, with Shareholder's Funds valued at 78.34 Cr and Total Assets amounting to 108.60 Cr.

How has been the historical performance of Newmalayalam St.?

Newmalayalam St. has shown mixed financial performance over the past three years, with net sales and profits declining from 2023 to 2025, while cash flow from operating activities improved significantly. Total assets and liabilities decreased, indicating some financial challenges alongside resilience in certain areas.

Answer:<BR>The historical performance of Newmalayalam St. shows a mixed trend in key financial metrics over the past three years.<BR><BR>Breakdown:<BR>In terms of net sales, Newmalayalam St. reported 304.16 Cr in March 2025, a slight increase from 300.16 Cr in March 2024, but a decrease from 354.80 Cr in March 2023. The total operating income followed a similar pattern, remaining at 304.16 Cr in March 2025, compared to 300.16 Cr in the previous year and 354.80 Cr in March 2023. The total expenditure, excluding depreciation, was 297.28 Cr in March 2025, up from 292.87 Cr in March 2024, but down from 347.72 Cr in March 2023. Operating profit (PBDIT) was 11.08 Cr in March 2025, an increase from 10.28 Cr in March 2024, but lower than 12.24 Cr in March 2023. Profit before tax rose to 6.02 Cr in March 2025 from 5.67 Cr in March 2024, although it was lower than 8.05 Cr in March 2023. Profit after tax also increased slightly to 4.41 Cr in March 2025 from 4.27 Cr in March 2024, down from 6.00 Cr in March 2023. The company's total assets decreased to 108.60 Cr in March 2025 from 116.25 Cr in March 2024, while total liabilities also decreased to 108.60 Cr in March 2025 from 116.25 Cr in March 2024. Cash flow from operating activities improved to 25.00 Cr in March 2025 from -21.00 Cr in March 2024, indicating a positive shift in cash generation. Overall, Newmalayalam St. has shown resilience in some areas while facing challenges in others, particularly in sales and profit margins over the last three years.

Is Newmalayalam St. overvalued or undervalued?

As of September 9, 2025, Newmalayalam St. is considered undervalued with a valuation grade of very attractive, supported by a PE ratio of 12.94, an EV to EBITDA ratio of 8.01, and a Price to Book Value of 0.73, all significantly lower than its peers like JSW Steel and Tata Steel, indicating potential for recovery despite a recent stock price decline.

As of 9 September 2025, the valuation grade for Newmalayalam St. has moved from expensive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued. Key ratios supporting this assessment include a Price to Earnings (PE) ratio of 12.94, an EV to EBITDA ratio of 8.01, and a Price to Book Value of 0.73, all of which suggest that the stock is trading at a discount compared to its earnings and assets.<BR><BR>In comparison to its peers, Newmalayalam St. stands out with a much lower PE ratio than JSW Steel at 52.99 and Tata Steel at 43.51, both of which are classified as fair or attractive. Additionally, the company's EV to EBITDA ratio of 8.01 is more favorable than that of Jindal Steel, which is at 12.23, indicating that Newmalayalam St. offers better value relative to its earnings before interest, taxes, depreciation, and amortization. Despite a recent decline in its stock price year-to-date, the valuation metrics suggest that it is positioned for potential recovery, especially given the attractive ratios compared to its industry peers.

What is the technical trend for Newmalayalam?

As of March 12, 2025, Newmalayalam's technical trend is mildly bearish, with a current price of 32.25 significantly below its 52-week high of 90.00, reflecting a year-to-date decline of 58.23%, despite a recent weekly return of 17.7%.

As of 12 March 2025, the technical trend for Newmalayalam has changed from sideways to mildly bearish. The weekly Dow Theory indicates a bearish stance, which supports the overall mildly bearish outlook. The current price of 32.25 is significantly below the 52-week high of 90.00, reflecting a substantial decline in performance. The stock has shown a strong return of 17.7% over the past week, outperforming the Sensex, but the year-to-date return of -58.23% highlights ongoing weakness. Overall, the current technical stance is mildly bearish, driven primarily by the Dow Theory and the significant year-to-date decline.

Who are the top shareholders of the Newmalayalam?

The top shareholder of Newmalayalam is V D Varghese, holding 36.39% of the shares. Neomile Growth Fund - Series I is the largest public shareholder at 3.49%, while individual investors collectively own 19.69%.

The top shareholders of Newmalayalam include the promoters, with V D Varghese holding the largest share at 36.39%. There are no pledged promoter holdings, and mutual funds and foreign institutional investors do not hold any shares in the company. The highest public shareholder is Neomile Growth Fund - Series I, which owns 3.49%. Additionally, individual investors collectively hold 19.69% of the shares.

When is the next results date for Newmalayalam?

No Upcoming Board Meetings

Has Newmalayalam declared dividend?

No Dividend History Available