Nova Iron & Steel Ltd.
Fundamentals
- Market cap
- ₹48.68 cr
- P/E
- 0.33×
- ROE
- 0.00%
- Debt / equity
- -21.86
- 52-week range
- 10.54 — 16.89
Company snapshot
Nova Iron & Steel Ltd.
Steel
₹45 cr
P/E 0.31×
Latest quarter · Dec 2025
Sales₹110 cr
Net profit−₹12 cr
Op. margin−1.1%
EPS−₹3.26
Strength & growth
Debt / equity8.12×
Current ratio0.06×
Sales CAGR+49.8%
EPS CAGR+43.0%
The timeline — 3 notes on Nova Iron & Steel Ltd.
June 2026
- 22 Jun 26 · 1:12 PM IST Lead Lead · Micro cap
Nova Iron & Steel promoters consolidate stake amid insolvency
Aromatic Steel picks up 9.22% from fellow promoter Nilanchal Investments for ₹3.66 cr, raising total promoter holding to 44.16%. The deal closes after June 2026, as the company undergoes insolvency.
- 06 Jun 26 · 10:50 AM IST Lead Lead · Micro cap
Promoter exits Nova Iron & Steel as related parties buy 9% stake for ₹3.6 cr
Aniket Singal's stake drops to zero in a ₹3.6 cr transfer to two promoter-group entities, completed during the company's insolvency process.