Inducto Steel

how big is Inducto Steel?

As of Jun 06, Inducto Steel Ltd has a market capitalization of 34.00 Cr, classifying it as a Micro Cap company, with recent net sales of 158.58 Cr and a net profit of -3.72 Cr. The latest balance sheet shows shareholder's funds of 43.21 Cr and total assets of 47.36 Cr.

Market Cap: As of Jun 06, Inducto Steel Ltd has a market capitalization of 34.00 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, the sum of Net Sales is 158.58 Cr, while the sum of Net Profit is -3.72 Cr. This data is presented on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: This is also on a Consolidated basis for the latest annual period ending in Mar'24. The Shareholder's Funds amount to 43.21 Cr, and the Total Assets are valued at 47.36 Cr.

When is the next results date for Inducto Steel?

No Upcoming Board Meetings

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 2025, it reported net sales of 40 Cr and a market cap of Rs 33 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 changes in its operations, particularly affected by a fire in its plant during the fiscal year 1996-97. The latest reported quarterly results indicate net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 40 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 0 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 33 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 30 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.41 <BR>Return on Equity: -9.42% <BR>Price to Book: 0.81<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

Who are in the management team of Inducto Steel?

As of March 2022, 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). They oversee the company's operations and strategic direction.

As of March 2022, the management team of Inducto Steel includes:<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>This team is responsible for overseeing the operations and strategic direction of the company.

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.

Who are the peers of the Inducto Steel?

Inducto Steel's peers include APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Ecofinity Ato, Rish.Digh.Steel, Trans Freight, and Bloom Industries. Inducto Steel has below-average management risk and a 1-year return of 17.58%, lower than Welspun Corp's 68.53% but higher than Jindal Saw's -23.06%.

Peers: The peers of Inducto Steel are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Ecofinity Ato, Rish.Digh.Steel, Trans Freight, and Bloom Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, and Ratnamani Metals. Average management risk is noted at Jindal Saw and Rish.Digh.Steel, while Below Average management risk is attributed to Inducto Steel and Bloom Industries. Growth is Excellent at APL Apollo Tubes, Excellent at Jindal Saw, Average at Shyam Metalics and Ratnamani Metals, Below Average at Welspun Corp, Inducto Steel, and Rish.Digh.Steel, and does not qualify for Ecofinity Ato and Trans Freight. Capital Structure is Excellent at APL Apollo Tubes, Good at Welspun Corp, Average at Shyam Metalics and Rish.Digh.Steel, Below Average at Inducto Steel, Jindal Saw, and Bloom Industries, and does not qualify for Ecofinity Ato and Trans Freight.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.53%, while the lowest is Jindal Saw at -23.06%. Inducto Steel's 1-year return is 17.58%, which is higher than Jindal Saw but lower than Welspun Corp. Additionally, Ratnamani Metals, Jindal Saw, and Bloom Industries have negative six-month returns.

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.

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.

Are Inducto Steel latest results good or bad?

Inducto Steel's latest results show strong sales growth of 44.90% year-on-year, but a drastic decline in net profit and decreased operating margins indicate significant operational challenges, leading to a 'Strong Sell' rating from analysts. Overall, the outlook is mixed, with positive sales but concerning profitability issues.

Inducto Steel's latest results present a mixed picture. On one hand, the company reported net sales of Rs 86.04 crore for the quarter ending June 2025, which is a notable year-on-year growth of 44.90%. This indicates a strong upward trend in sales, suggesting that the company is experiencing positive demand for its products.<BR><BR>However, there are significant concerns regarding profitability and overall performance. The quarterly results show a drastic decline in consolidated net profit, with a QoQ change of -516.67%, indicating that the company is facing substantial challenges in maintaining profitability. Additionally, the operating profit margin has also decreased, reflecting operational difficulties.<BR><BR>Moreover, the overall performance score for Inducto Steel has dropped from 11 to 7 over the past three months, and the stock has received a 'Strong Sell' rating from analysts, which indicates a cautious outlook for investors.<BR><BR>In summary, while the sales growth is a positive sign, the sharp decline in profitability and the negative analyst sentiment suggest that Inducto Steel is currently facing significant operational challenges that need to be addressed.

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.

Should I buy, sell or hold Inducto Steel?

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.

Which are the latest news on Inducto Steel?

Why is Inducto Steel Ltd falling/rising?

As of 18-Jan, Inducto Steel Ltd's stock price is at 50.00, unchanged from the previous day, and has declined by 26.47% over the past year, significantly underperforming the market. The company's financial struggles, including high debt levels and falling sales, coupled with a high percentage of pledged shares, contribute to a negative outlook for the stock.

As of 18-Jan, Inducto Steel Ltd's stock price is currently at 50.00, showing no change from the previous day. The stock has experienced a significant decline over the past year, with a return of -26.47%, which is notably worse than the market's performance, as the BSE500 has generated returns of 7.89% in the same period. This underperformance is compounded by the company's operating losses and a high Debt to EBITDA ratio of 4.64 times, indicating a low ability to service its debt.<BR><BR>Additionally, the company's net sales have fallen by 47.6% compared to the previous four-quarter average, and its profit after tax has decreased by 20.32% over the last six months. The high percentage of pledged promoter shares (43.28%) adds further pressure, especially in a declining market, which can negatively impact investor confidence and stock prices.<BR><BR>While the stock has shown some positive factors, such as a return on capital employed (ROCE) of 0.5 and a valuation that is attractive compared to peers, these are overshadowed by the weak long-term fundamental strength and declining investor participation, as evidenced by a 19.48% drop in delivery volume against the five-day average. Overall, these factors contribute to the stock's downward trajectory.