What does Nova Iron &Steel do?

Jul 17 2025 07:05 AM IST
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Nova Iron & Steel Ltd manufactures sponge iron and steel, categorized as a Micro Cap company. As of March 2025, it reported net sales of 947 Cr and a net profit of 1,579 Cr.
Overview:
Nova Iron & Steel Ltd is engaged in the manufacture of sponge iron and steel, operating within the Iron & Steel Products industry and categorized as a Micro Cap company.

History:
The company was incorporated in 1986 and is promoted by Nova Magnetics, Nova Electro-Magnetics, and Nova Steels, all associated with R K Gambhir and G K Gambhir of the Nova group. The latest quarterly results reported net sales and net profit for the period ending March 2025.

Financial Snapshot:
- Net Sales: 947 Cr (Quarterly Results - Mar 2025)
- Net Profit: 1,579 Cr (Quarterly Results - Mar 2025)
- Market cap: INR 54 Cr (Micro Cap)

Key Metrics:
- P/E: N/A
- Industry P/E: 264
- Dividend Yield: 0.00%
- Debt Equity: -2.54
- Return on Equity: 5.97%
- Price to Book: -0.35

Contact Details:
Address: Village Dagori, Tehsil Belha Bilaspur Chattisgarh : 495224
Tel: 91-77-52285217
Email: rai_nisl2007@yahoo.com
Website: http://www.novaironsteel.com
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