Inducto Steel

Why is Inducto Steel Ltd falling/rising?

As of 01-Sep, Inducto Steel Ltd's stock price is declining to 62.05, down 8.62% after a trend reversal following five days of gains. Increased investor participation contrasts with the stock's current underperformance and high volatility, indicating a bearish short-term outlook.

As of 01-Sep, Inducto Steel Ltd's stock price is falling, currently at 62.05, which reflects a decrease of 5.85 (-8.62%). This decline follows a trend reversal after five consecutive days of gains, indicating a shift in market sentiment. The stock opened significantly lower today, with a loss of 5.89%, and reached an intraday low of Rs 62.01, marking an 8.67% drop.<BR><BR>Despite the stock's strong performance over the past month, where it gained 22.31% compared to a 1.47% decline in the Sensex, today's performance underperformed the sector by 7.85%. Additionally, the stock has exhibited high volatility, with an intraday volatility of 5.26%. Although the stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, it is currently below its 5-day moving average, which may indicate a short-term bearish trend.<BR><BR>Investor participation has increased, with delivery volume rising by 653.62% against the 5-day average, suggesting that while there is interest in the stock, the current market dynamics are leading to a price decline. Overall, the combination of a trend reversal, significant opening loss, and high volatility contributes to the stock's falling price.

Which are the latest news on Inducto Steel?

Should I buy, sell or hold Inducto Steel Ltd?

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!

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 June 2026, it reported net sales of 79 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, coal, 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 has undergone status changes, particularly in 1996-97 when production was affected by a fire at its plant. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 79 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 1 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 27 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 13.00 <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: 0.64 <BR><BR>Contact Details:<BR>Address: 156 Maker Chambers VI 220, Jamnalal Bajaj Marg NarimanPoi Mumbai Maharashtra : 400021 <BR>Tel: 91-22-22043211 <BR>Fax: 91-22-22043215 <BR>Email: contact@hariyanagroup.com <BR>Website: http://www.hariyanagroup.com

Who are the peers of the Inducto Steel?

Inducto Steel's peers include Ashirwad Steels, Natl. Gen. Inds., Rathi Bars, Unison Metals, Rish.Digh.Steel, Bloom Industries, and Kalana Ispat. Inducto Steel has a good growth rating and a 1-year return of 13.17%, outperforming Natl. Gen. Inds. (9.19%) and Rathi Bars (-46.68%).

Peers: The peers of Inducto Steel are Ashirwad Steels, Natl. Gen. Inds., Rathi Bars, Unison Metals, Rish.Digh.Steel, Bloom Industries, and Kalana Ispat.<BR><BR>Quality Snapshot: Average management risk is observed at Ashirwad Steels and Rish.Digh.Steel, while Below Average management risk is found at Natl. Gen. Inds., Inducto Steel, Rathi Bars, Unison Metals, Bloom Industries, and Kalana Ispat. Growth is rated as Good for Inducto Steel, while Below Average growth is noted for Ashirwad Steels, Natl. Gen. Inds., Rathi Bars, Unison Metals, Rish.Digh.Steel, and Kalana Ispat, with Bloom Industries showing Average growth. Capital Structure is rated as Below Average for Ashirwad Steels, Natl. Gen. Inds., Inducto Steel, Rathi Bars, Unison Metals, Rish.Digh.Steel, and Bloom Industries, while Kalana Ispat has an Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Natl. Gen. Inds. at 9.19%, while Rathi Bars has the lowest at -46.68%. Inducto Steel's 1-year return is 13.17%, which is higher than Natl. Gen. Inds. and significantly higher than Rathi Bars. Additionally, Unison Metals, Rathi Bars, and Bloom Industries have negative six-month returns.

How big is Inducto Steel?

As of 31st August, Inducto Steel Ltd has a market capitalization of 27.00 Cr, with recent net sales of 199.23 Cr and a net profit of 2.07 Cr. Shareholder's funds are 39.49 Cr and total assets amount to 55.82 Cr as of March 2025.

As of 31st August, Inducto Steel Ltd has a market capitalization of 27.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest 4 quarters, Inducto Steel reported Net Sales of 199.23 Cr and a Net Profit of 2.07 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.

When is the next results date for Inducto Steel Ltd?

The next results date for Inducto Steel Ltd is 12 August 2026.

The next results date for Inducto Steel Ltd is scheduled for 12 August 2026.

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.

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.