Bihar Sponge Iron Ltd
Incorporated in 1982, Bihar Sponge Iron Ltd manufactures and sells pre-reduced form of Iron such as sponge iron[1]
- Market Cap ₹ 221 Cr.
- Current Price ₹ 24.5
- High / Low ₹ 26.0 / 8.63
- Stock P/E 21.1
- Book Value ₹ -6.18
- Dividend Yield 0.00 %
- ROCE 29.5 %
- ROE %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 44.0% CAGR over last 5 years
Cons
- Contingent liabilities of Rs.71.4 Cr.
- Promoters have pledged 52.0% of their holding.
- Earnings include an other income of Rs.27.3 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Steel Industry: Steel - Sponge Iron
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
120 | 19 | 0 | 0 | 0 | 0 | 0 | 0 | 22 | 86 | 463 | 267 | 322 | |
139 | 31 | 3 | 4 | 3 | 3 | 3 | 3 | 17 | 83 | 449 | 280 | 335 | |
Operating Profit | -19 | -12 | -3 | -4 | -3 | -3 | -3 | -3 | 5 | 3 | 14 | -14 | -13 |
OPM % | -16% | -64% | -9,175% | 24% | 3% | 3% | -5% | -4% | |||||
6 | 2 | 1 | 2 | 3 | 8 | 7 | 6 | 2 | 8 | 2 | 26 | 27 | |
Interest | 10 | 4 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 4 | 4 | 4 |
Profit before tax | -26 | -18 | -7 | -6 | -4 | -0 | -0 | -1 | 4 | 8 | 12 | 7 | 10 |
Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
-26 | -18 | -7 | -6 | -4 | -0 | -0 | -1 | 4 | 8 | 12 | 7 | 10 | |
EPS in Rs | -2.89 | -1.97 | -0.82 | -0.65 | -0.42 | -0.01 | -0.01 | -0.09 | 0.44 | 0.92 | 1.35 | 0.82 | 1.17 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 30% |
5 Years: | % |
3 Years: | 129% |
TTM: | -19% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 44% |
3 Years: | 20% |
TTM: | -14% |
Stock Price CAGR | |
---|---|
10 Years: | 22% |
5 Years: | 109% |
3 Years: | 27% |
1 Year: | 172% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 |
Reserves | -127 | -147 | -167 | -173 | -177 | -177 | -177 | -178 | -174 | -166 | -153 | -146 |
100 | 129 | 129 | 126 | 94 | 94 | 95 | 93 | 121 | 119 | 136 | 34 | |
71 | 44 | 42 | 43 | 65 | 61 | 55 | 53 | 27 | 100 | 92 | 204 | |
Total Liabilities | 134 | 116 | 94 | 86 | 73 | 68 | 63 | 58 | 65 | 143 | 164 | 182 |
88 | 82 | 65 | 61 | 57 | 52 | 48 | 45 | 42 | 61 | 57 | 53 | |
CWIP | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 0 | 2 | 3 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
42 | 30 | 26 | 21 | 13 | 13 | 12 | 11 | 20 | 82 | 105 | 126 | |
Total Assets | 134 | 116 | 94 | 86 | 73 | 68 | 63 | 58 | 65 | 143 | 164 | 182 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0 | -2 | -0 | -1 | -3 | 0 | -0 | 1 | 10 | 23 | -16 | 19 | |
-1 | 1 | 0 | 1 | 1 | 0 | 0 | 0 | -0 | -18 | -2 | -2 | |
0 | 0 | -1 | -3 | -4 | -0 | 0 | -1 | -10 | -2 | 17 | -17 | |
Net Cash Flow | -1 | -1 | -1 | -3 | -6 | 0 | 0 | -0 | 0 | 2 | -1 | 1 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 7 | 9 | 0 | 40 | 0 | 0 | 0 | |||||
Inventory Days | 67 | 165 | 13,793 | 105,668 | 85 | 228 | 58 | 135 | ||||
Days Payable | 176 | 440 | 37,691 | 270,100 | 402 | 457 | 64 | 154 | ||||
Cash Conversion Cycle | -101 | -266 | -23,898 | -277 | -228 | -6 | -19 | |||||
Working Capital Days | -294 | -1,595 | -794,879 | -41 | -68 | 12 | -14 | |||||
ROCE % | -33% | -19% | -9% | -12% | -20% | -4% | 17% | -12% | 21% | 14% | 21% | 29% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 1d
- Intimation Of Date Of Annual General Meeting (AGM) And Closure Of Register Of Members And Share Transfer Books 2d
- Reg. 34 (1) Annual Report. 2d
- Notice Of 42Nd Annual General Meeting Of Bihar Sponge Iron Limited 2d
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Of news paper publication information regarding 42nd AGM.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Product Profile:[1]
Company does manufacturing and selling of sponge iron and also does trading of plastic packaging materials