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Bihar Sponge Iron share price

Bihar Sponge Iron Ltd.

NSE: BIHARSPONG BSE: 500058 SECTOR: Steel/Sponge Iron/Pig Iron  15k   25   2

17.00
-0.10 (-0.58%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 17.79

Today's Low

₹ 16.61

52 Week High

₹ 26.77

52 Week Low

₹ 10.01

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

153.35 Cr.

Enterprise Value

241.26 Cr.

No. of Shares

9.02 Cr.

P/E

14.24

P/B

0

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  -12.18

CASH

3.51 Cr.

DEBT

91.42 Cr.

Promoter Holding

69.23 %

EPS (TTM)

₹  1.19

Sales Growth

-42.45%

ROE

0 %

ROCE

0%

Profit Growth

-38.65 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-42.45%
3 Year129.4%
5 Year∞%

Profit Growth

1 Year-38.65%
3 Year23.41%
5 Year134.22%

ROE%

1 Year0%
3 Year0%
5 Year0%

ROCE %

1 Year0%
3 Year0%
5 Year0%

Debt/Equity

-0.7947

Price to Cash Flow

8

Interest Cover Ratio

0

CFO/PAT (5 Yr. Avg.)

1.22138555189042

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 69.23 52.05
Jun 2024 69.23 52.05
Mar 2024 69.23 52.05
Dec 2023 69.23 52.05
Sep 2023 69.23 52.05
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 23.4055748244813% for the Past 3 years.
  • The company has shown a good revenue growth of 129.402370019468% for the Past 3 years.
  • The company has an efficient Cash Conversion Cycle of -41.3247 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.22138555189042.

 Limitations

  • Company has a poor ROE of 0% over the past 3 years.
  • Company has a poor ROCE of 0% over the past 3 years
  • Company has contingent liabilities of 72.7436 Cr.
  • Tax rate is low at 0.
  • The company has negative book value.
  • Promoter pledging is high as 52.05%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 73.74 70.43 74.14 103.86 63.76
Total Expenditure 77.97 74.6 75.07 107.11 68.95
Operating Profit -4.23 -4.18 -0.93 -3.26 -5.19
Other Income 6.43 6.37 6.47 8 7.71
Interest 0 0 0 0 0
Depreciation 1.06 1.06 1.05 1.06 1.06
Exceptional Items 0 0 0 0 0
Profit Before Tax 1.14 1.13 4.49 3.69 1.46
Tax 0 0 0 0 0
Profit After Tax 1.14 1.13 4.49 3.69 1.46
Adjusted EPS (Rs) 0.13 0.13 0.5 0.41 0.16

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 0 22.09 86.4 463.37 266.65
Total Expenditure 3.4 16.79 83.39 449.26 280.49
Operating Profit -3.4 5.29 3.01 14.12 -13.84
Other Income 5.87 2.22 8.18 2.25 25.52
Interest 0.01 0.25 0.03 0.15 0
Depreciation 3.29 2.92 2.99 4.25 4.23
Exceptional Items 0.01 -0.38 0.1 0.16 0
Profit Before Tax -0.83 3.96 8.27 12.14 7.44
Tax 0 0 0 0 0
Net Profit -0.83 3.96 8.27 12.14 7.44
Adjusted EPS (Rs.) -0.09 0.44 0.92 1.35 0.83

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 90.25 90.25 90.25 90.21 90.21
Total Reserves -177.81 -173.85 -165.58 -153.4 -145.95
Borrowings 60.66 55.45 56.04 87.1 85.17
Other N/C liabilities 3.11 9.02 8.91 10.23 10.2
Current liabilities 81.93 83.75 153.53 130.14 142.47
Total Liabilities 58.14 64.63 143.15 164.28 182.09
Assets
Net Block 44.61 41.73 61.37 57.3 53.3
Capital WIP 2.82 2.82 0 1.61 3.11
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 2.41 2.41 3.66 5.46 5.83
Other N/C Assets 1.25 7.83 23.13 27.87 18.16
Current Assets 7.05 9.83 54.99 72.04 101.69
Total Assets 58.14 64.63 143.15 164.28 182.09
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations -0.83 3.96 8.27 12.14 7.44
Adjustment 1.81 3.67 1.69 13.53 13.83
Changes in Assets & Liabilities 0.06 2.34 13.52 -40.67 -1.72
Tax Paid -0.08 -0.04 -0.17 -0.53 -0.38
Operating Cash Flow 0.96 9.93 23.31 -15.54 19.18
Investing Cash Flow 0 -0.05 -18.46 -1.78 -1.62
Financing Cash Flow -1.4 -9.5 -2.36 16.72 -16.93
Net Cash Flow -0.43 0.38 2.49 -0.59 0.63

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 69.23 69.23 69.23 69.23 69.23
a to z holding pvt ltd - - - 1.89 1.89
bihar state industrial de... 7.11 7.11 7.11 7.11 7.11
kumkum modi 0.01 0.01 0.01 0.01 0.01
longwell investment pvt.... 4.47 4.47 4.47 4.47 4.47
meghna modi 0.02 0.02 0.02 0.02 0.02
moderate leasing and capi... 49.10 49.10 49.10 49.10 49.10
modi industries limited 2.22 2.22 2.22 2.22 2.22
umesh kumar modi 4.41 4.41 4.41 4.41 4.41
a to z holdings private l... 1.89 1.89 1.89 - -
PARTICULARS Jun 2022% Sep 2022% Dec 2022% Mar 2023% Jun 2023%
investors 30.77 30.77 30.77 30.77 30.77
indian sulphacid industri... 1.06 1.06 1.06 1.06 1.01

Ratings & Research Reports

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Company Presentations

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Company News

Bihar Sponge Iron informs about newspaper publication 19 Nov, 10:50 AM Bihar Sponge Iron informs about compliance certificate 14 Oct, 5:12 PM Bihar Sponge Iron informs about closure of trading window 24 Sep, 2:58 PM Bihar Sponge Iron - Quaterly Results 14 Aug, 3:28 PM Bihar Sponge Iron - Quaterly Results 14 Aug, 3:28 PM Bihar Sponge Iron informs about board meeting 6 Aug, 2:57 PM Bihar Sponge Iron informs about details of loss of certificate 3 Aug, 3:01 PM Bihar Sponge Iron informs about loss of share certificate 18 Jul, 4:40 PM Bihar Sponge Iron informs about compliance certificate 9 Jul, 12:38 PM Bihar Sponge Iron informs about newspaper publication 29 May, 5:10 PM Bihar Sponge Iron submits board meeting intimation 18 May, 12:31 PM Bihar Sponge Iron informs about certificate 11 Apr, 11:22 AM Bihar Sponge Iron informs about compliance certificate 11 Apr, 11:19 AM Bihar Sponge Iron informs about issue of duplicate share certificate 2 Apr, 5:21 PM Bihar Sponge Iron informs about closure of trading window 20 Mar, 12:59 PM Bihar Sponge Iron - Quaterly Results 10 Feb, 3:59 PM Bihar Sponge Iron - Quaterly Results 10 Feb, 3:59 PM Bihar Sponge Iron - Quaterly Results 10 Feb, 3:59 PM Bihar Sponge Iron informs about certificate 8 Jan, 2:50 PM Bihar Sponge Iron - Quaterly Results 6 Nov, 2:30 PM Bihar Sponge Iron - Quaterly Results 6 Nov, 2:30 PM Bihar Sponge Iron - Quaterly Results 6 Nov, 2:30 PM Bihar Sponge Iron informs about board meeting 30 Oct, 5:09 PM Bihar Sponge Iron - Quaterly Results 11 Aug, 3:23 PM Bihar Sponge Iron informs about certificate 11 Jul, 1:20 PM Bihar Sponge Iron informs about loss of share certificate 4 Jul, 12:19 PM Bihar Sponge Iron informs about loss of share certificates 17 Jun, 10:34 AM Bihar Sponge Iron informs about annual secretarial compliance report 27 May, 3:00 PM Bihar Sponge Iron informs about cessation of independent director 11 May, 5:11 PM Bihar Sponge Iron informs about closure of trading window 29 Mar, 12:20 PM Bihar Sponge Iron informs about loss of share certificate 28 Feb, 12:46 PM Bihar Sponge Iron - Quaterly Results 14 Feb, 12:59 PM Bihar Sponge Iron informs about issuance of share certificates 13 Feb, 12:33 PM Bihar Sponge Iron informs about issuance of share certificates 19 Jan, 12:53 PM Bihar Sponge Iron informs about newspaper publication 15 Nov, 5:20 PM Bihar Sponge Iron informs about outcome of board meeting 14 Nov, 5:36 PM Bihar Sponge Iron informs about loss of share certificates 27 Oct, 11:03 AM Bihar Sponge Iron informs about AGM notice 23 Sep, 5:16 PM Bihar Sponge Iron informs about issuance of duplicate share certificate 19 Aug, 4:43 PM Bihar Sponge Iron - Quaterly Results 6 Aug, 3:44 PM Bihar Sponge Iron - Quaterly Results 6 Aug, 3:44 PM Bihar Sponge Iron - Quaterly Results 6 Aug, 3:44 PM Bihar Sponge Iron informs about updates 20 Jul, 1:16 PM Bihar Sponge Iron informs about annual secretarial compliance report 28 May, 3:09 PM Bihar Sponge Iron informs about outcome of board meeting 25 May, 4:00 PM Bihar Sponge Iron - Quaterly Results 25 May, 2:40 PM Bihar Sponge Iron - Quaterly Results 25 May, 2:40 PM Bihar Sponge Iron - Quaterly Results 25 May, 2:40 PM Bihar Sponge Iron informs about loss of share certificates 23 Apr, 12:02 PM Bihar Sponge Iron informs about trading window closure 29 Dec, 3:29 PM

Bihar Sponge Iron Stock Price Analysis and Quick Research Report. Is Bihar Sponge Iron an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Bihar Sponge Iron stock price today is Rs 17. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Bihar Sponge Iron . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Bihar Sponge Iron has a PE ratio of 14.235471445319 which is low and comparatively undervalued .

  • Share Price: - The current share price of Bihar Sponge Iron is Rs 17. One can use valuation calculators of ticker to know if Bihar Sponge Iron share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Bihar Sponge Iron has ROA of 4.2988 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Bihar Sponge Iron has a Current ratio of 0.7138 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Bihar Sponge Iron has a ROE of 0 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Bihar Sponge Iron has a Debt to Equity ratio of -0.7947 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Bihar Sponge Iron has reported revenue growth of -42.4546 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Bihar Sponge Iron for the current financial year is -5.18989240617887 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Bihar Sponge Iron is Rs 0 and the yield is 0 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Bihar Sponge Iron is Rs 1.1942 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Bihar Sponge Iron in Ticker for free. Also, one can get the intrinsic value of Bihar Sponge Iron by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Bihar Sponge Iron
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