Balasore Alloys Ltd.
Snapshot View

8.83 ▼0%

26 July 2021, 04:00:00 P.M.

Overview View Details

Sector Ferro Manganese Compare with Sector peers
Industry Ferro & Silica Manganese Compare with Industry peers
Website http://www.balasorealloys.com
Financial Indicators
Market Cap 82.41 Cr.
Earnings per share (EPS) -11.68 Trailing Twelve Months Ending 2020-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2020-03
Industry PE 22.57 Trailing Twelve Months Ending 2020-03
Book Value / Share 87.65 Trailing Twelve Months Ending 2020-03
Price to Book Value 0.10 Calculated using Price: 8.83
Dividend Yield 4.53 Period Ending 2019-03
No. of Shares Subscribed 9.33 Cr. 93,325,411 Shares
FaceValue 5
Company Profile

Balasore Alloys was incorporated in the year 1984 at Balasore, Orissa. It was formerly Ispat Alloys and is part of the renowned Ispat group of companies which is a major business house in the country, promoted by the Mittals. The group’s companies are spread across six countries including Libya, Bosnia, Philippines, Azerbaijan and Uzbekistan.

Currently it operates 5 furnaces with total capacity of 57 MVA to produce 95,000 MT bulk ferro alloys per annum. With multiple furnaces of different capacities, the company has the flexibility to produce different types of ferro alloys as per market dynamics.

The company has captive mines in different locations like chromite ore mines in Sukinda Valley at Jajpur Road (Orissa), Manganese Ore Mines in Hathoda (Madhya Pradesh).

The other associate companies of Balasore Alloys are Ispat Industries, Ispat Metallics India, Ispat Profiles India, Gontermann Peipers India, etc.

Business area of the company:

  • Balasore alloys is one of the largest ferro alloys producer and suppliers in India.

The company is also exporting its products since 1991-92 and continues to supply to countries like Japan, China, Taiwan, Korea, USA, Canada, Brazil, Mexico etc. Its export base has increased from 4 countries in 1991-92 to 12 countries in 2007-08 to 26 countries in 2008.

Award/recognition:

Balasore Alloys has received ISO-9002, ISO-14001 certification for its plant and ISO-9002 for its mines in Jajpur, Orissa. It follows various modern management initiatives such as six sigma, TPM, supply chain management and performance management systems for improvement of overall efficiency of the company.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
1 Week
+4.99%
1 Month
+27.42%
3 Month
+30.04%
6 Month
-11.43%
1 Year
-11.61%
2 Year
-17.48%
5 Year
-58.83%
9 years 2011-03 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03
Return on Equity (%) 10.69 11.24 9.42 13.50 7.69 4.54 12.39 3.61 -3.04
Return on Capital Employed (%) 19.28 20.93 17.70 17.43 13.22 12.29 20.31 10.70 1.05
Return on Assets (%) 1.88 2.24 1.99 2.96 1.99 1.33 5.40 2.02 -1.67

Balance Sheet View Details

Particulars 9 years 2011-03 Rs. Cr. 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr.
Shh. Funds 973 950 930 926 906 897 932 965 929
Non Curr. Liab. 103 59 232 222 60 46 43 52 49
Curr. Liab. 363 334 380 414 401 483 696 682 756
Minority Int.
Equity & Liab. 1,439 1,343 1,542 1,562 1,367 1,426 1,671 1,699 1,734
Non Curr. Assets 1,195 1,130 1,301 1,297 1,104 1,111 1,187 1,179 1,195
Curr. Assets 244 214 240 265 263 316 484 520 539
Misc. Exp. not W/O
Total Assets 1,439 1,343 1,542 1,562 1,367 1,426 1,671 1,699 1,734

Profit Loss View Details

Particulars 9 years 2011-03 Rs. Cr. 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr.
Net Sales 639 591 686 783 848 838 1,012 1,210 1,261
Other Income 9 7 17 9 34 7 22 61 12
Total Income 648 598 703 791 882 845 1,034 1,271 1,274
Total Expenditure -541 -486 -591 -660 -739 -756 -833 -1,091 -1,193
PBIDT 107 112 112 131 142 89 201 180 81
Interest -50 -47 -44 -38 -35 -32 -39 -46 -44
Depreciation -15 -17 -17 -19 -21 -22 -27 -30 -32
Taxation -14 -17 -22 -28 -13 -16 -51 -43 4
Exceptional Items -44 -27 -37
PAT 27 31 29 46 29 19 84 34 -29

Cash Flow View Details

Particulars 9 years 2011-03 Rs. Cr. 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr.
Cash Fr. Operatn. 93 98 114 95 66 63 90 110 83
Cash Fr. Inv. -34 -25 -236 -44 142 -67 -118 -36 -57
Cash Fr. Finan. -64 -76 120 -53 -208 8 30 -66 -36
Net Change -6 -3 -1 -2 -1 4 1 9 -10
Cash & Cash Eqvt 0 1 1 1 2 8 8 17 6

Shareholding Pattern View Details

9 Qtrs 2018-12 (%) 2019-03 (%) 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%)
Promoter 61.44 61.44 61.44 61.44 61.44 61.44 61.44 61.44 61.44
Public 38.56 38.56 38.56 38.56 38.56 38.56 38.56 38.56 38.56
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 44.73 44.73 44.73 44.73 44.73 44.73 44.73 44.73 41.28

Announcements View Details

Fri, 09 Jul 2021
Appointment Of Independent Director
This is to inform that Mr. Paramesh Bhattacharyya has been appointed as Independent Director of the company with effect from 8th July 2021 pursuant to Section 149(6) along with Rule 4 and Rule 5 of the Companies (Appointment and Qualification of Directors) Rules 2014. and Regulation 16(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

The Brief Profile of the Independent Director is as under:
1. Name Mr. Paramesh Bhattacharyya
2. Designation Independent Director
3. Date of Appointment 8th July 2021

Fri, 09 Jul 2021
Appointment Of Independent Women Director
This is to inform that Ms. Mita Jha has been appointed as Independent Women Director of the company with effect from 8th July 2021 pursuant to Section 149(1) and 149(6) along with Rule 4 and Rule 5 of the Companies (Appointment and Qualification of Directors) Rules 2014. and Regulation 49 and 16(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

The Brief Profile of the Independent Director is as under:
1. Name Ms. Mita Jha
2. Designation Independent Women Director
3. Date of Appointment 8th July 2021

Thu, 27 May 2021
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer


REF: BAL/SEC/2021
May 27th 2021

The Secretary
The BSE Limited
Phiroze Jeejeebhoy Towers
Dalal Street
Mumbai 400 001
Dear Sir Scrip Code: 513142

Sub: Intimation for Resignation of Company Secretary and Compliance Officer of the Company under Regulation 30 of SEBI ((Listing Obligations and Disclosure Requirements) Regulations 2015
Pursuant to the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 this is to inform that Ms. Priya Kedia has tendered her resignation from the post of Asst. Company Secretary and Compliance Officer of the company with effect from 22nd April 2021. The same was noted by the Board in its meeting held on 27th May 2021.
This is for your kind information and records.



Technical Scans View Details

Mon, 26 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Underperforming Benchmark index Strongly Underperforming Benchmark index
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Strongly Underperforming Sectoral index Strongly Underperforming Sectoral index

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