India Steel Works Ltd.
Snapshot View

1.84 -0.09 ▼-4.7%

26 July 2021, 04:00:00 P.M.
Volume: 122,531

Overview View Details

Sector Iron & Steel Compare with Sector peers
Industry Steel & Iron Products Compare with Industry peers
Website http://www.indiasteel.in
Financial Indicators
Market Cap 73.25 Cr.
Earnings per share (EPS) -0.51 Trailing Twelve Months Ending 2020-12
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2020-12
Industry PE 15.65 Trailing Twelve Months Ending 2020-12
Book Value / Share 3.56 Trailing Twelve Months Ending 2020-12
Price to Book Value 0.52 Calculated using Price: 1.84
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 39.81 Cr. 398,080,925 Shares
FaceValue 1
Company Profile

India Steel Industries, previously called Isibars, has been producing bright bars since 1957. In addition to its bright bar plant in Central Mumbai, in 1990 it set up another plant in Turbhe, Navi Mumbai for the manufacture of stainless steel bright bars. Soon thereafter, the company was listed on the Bombay Stock Exchange with an initial public offer of Rs.16.7 million, which was heavily oversubscribed.

The company integrated backwards into steel melting and hot-rolling by acquiring a plant in Khopoli, and expanded capacity, upgraded technology and increased product range. It then started a wire division by setting up a wire-drawing plant at Savroli under the name Isinox Steels. In 1998 it acquired a state-of-the-art bar & rod rolling mill from Pomini S.p.A. of Italy.

Through continuous process and product improvement, and a commitment to customer satisfaction, India Steel is well on its way to becoming a leading global player in stainless steel long products

Products:

1. Grades Of Steel-• Austenitic Stainless Steels• Ferritic and Martensitic Stainless Steels• Carbon Alloy Steels

2. Hot Rolled Products-• Wire Rods• Round Bars• Cast Billets• Rolled Billets

3. Bright Bar Products

4. Wires

Divisions:

1. STEEL MELT SHOP

The steel melt shop at Khopoli has two melting furnaces, an Induction Furnace and an Electric Arc Furnace. After melting, the steel is refined in the Ladle Furnace or AOD Converter and sent forward to the Continuous Casting Machine which casts the liquid metal into billets of required dimensions.

2. ROLLING MILLS

The company runs two mills – a Continuous Bar & Rod Mill and a Cross-country Bar Mill. A wide range of hot-rolled long products is available to its customers from these two mills. The Continuous Bar and Rod Rolling Mill, supplied by M/s. Pomini S.P.A of Italy (now VAI), was commissioned in the year 1998. One of the most technologically advanced Bar and Rod Mills in India, it is equipped with sophisticated ABB automation systems and is capable of making wire rods and rounds to precise specifications.  The Cross-country Bar Mill has been fully renovated and produces round bars and utensil-grade wide-flats. 

3. BRIGHT BAR DIVISION

The Bright Bar Division manufactures a wide range of bright bars, specialising in stainless steel, through different processes like heat treatment, quenching and tempering, pickling, cold drawing, peeling, smooth turning, centreless grinding and polishing.

4. WIRE FACILITY

Its wire drawing facility is capable of manufacturing stainless steel wires of different sizes, finishes, conditions and coil weights.  It makes wires from diameter 1mm to 8mm with coil-diameters, weights and packing as per the customer’s requirements.

 Awards and achievements:

• India Steel’s facilities and machinery are ISO 9001 certified by IRQS.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-4.66%
1 Week
-17.86%
1 Month
+23.49%
3 Month
+162.86%
6 Month
+135.90%
1 Year
+217.24%
2 Year
+206.67%
5 Year
-42.14%
3 years 2002-03 2019-03 2020-03
Return on Equity (%) -1,425.86 -7.67 -11.99
Return on Capital Employed (%) -4.93 2.92 -3.80
Return on Assets (%) -15.48 -1.21 -3.36

Balance Sheet View Details

Particulars 2 years 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 174 155
Non Curr. Liab. 161 271
Curr. Liab. 259 151
Minority Int.
Equity & Liab. 594 577
Non Curr. Assets 386 455
Curr. Assets 208 121
Misc. Exp. not W/O 0 0
Total Assets 594 577

Profit Loss View Details

Particulars 2 years 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 532 140
Other Income 26 38
Total Income 558 178
Total Expenditure -539 -177
PBIDT 19 1
Interest -13 -10
Depreciation -11 -11
Taxation 0
Exceptional Items
PAT -5 -20

Cash Flow View Details

Particulars 2 years 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -4 -42
Cash Fr. Inv. -5 0
Cash Fr. Finan. 9 42
Net Change 0 0
Cash & Cash Eqvt 1 0

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 50.11 50.11 50.11 50.11 50.11 50.11 50.11 50.11 50.11
Public 49.89 49.89 49.89 49.89 49.89 49.89 49.89 49.89 49.89
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 22.80 22.80 22.80 22.80 22.80 22.80 22.81 22.80 0.00

Announcements View Details

Thu, 15 Jul 2021
Shareholding for the Period Ended June 30 2021
India Steel Works Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Fri, 09 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- Dilip Maharana
Designation :- Company Secretary and Compliance Officer
Fri, 09 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
In compliance with Regulation 74(5) of SEBI (Depositories and Participants} Regulations 2018 we are forwarding herewith a copy of the Certificate dated July 5 2021 received from M/s. Link lntime India Private Ltd. the Registrar and Share Transfer Agent of the Company for the Quarter ended 30th June 2021.

Technical Scans View Details

Mon, 26 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Decreasing Relative Strength - Benchmark index Decreasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Decreasing Relative Strength - Sectoral index Decreasing Relative Strength - Sectoral index
Both SRS And ARS Above Zero Both SRS And ARS Above Zero

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
JSW Steel Ltd. 170,305.27 704.55 -1.8%
Tata Steel Ltd. 156,288.68 1,297.95 +1.3%
Steel Authority Of India Ltd. 53,531.61 129.60 +2.4%
Jindal Steel & Power Ltd. 41,188.24 403.80 +1.5%
APL Apollo Tubes Ltd. 20,102.64 1,609.65 -0.8%
Shyam Metalics And Energy Ltd. 10,914.90 427.90 -0.8%
Tata Steel BSL Ltd. 9,769.88 89.35 +0.5%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
JSW Steel Ltd. Consolidated 2021-06 11.85 704.55 -1.8%
Tata Steel Ltd. Consolidated 2021-03 20.87 1,297.95 +1.3%
Steel Authority Of India Ltd. Consolidated 2021-03 12.91 129.60 +2.4%
Jindal Steel & Power Ltd. Consolidated 2021-03 7.82 403.80 +1.5%
APL Apollo Tubes Ltd. Consolidated 2021-03 55.82 1,609.65 -0.8%
Shyam Metalics And Energy Ltd. Consolidated 2021-03 12.94 427.90 -0.8%
Tata Steel BSL Ltd. Consolidated 2021-03 3.88 89.35 +0.5%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
JSW Steel Ltd. Consolidated 2021-06 3.26 704.55 -1.8%
Tata Steel Ltd. Consolidated 2021-03 2.14 1,297.95 +1.3%
Steel Authority Of India Ltd. Consolidated 2021-03 1.18 129.60 +2.4%
Jindal Steel & Power Ltd. Consolidated 2021-03 1.29 403.80 +1.5%
APL Apollo Tubes Ltd. Consolidated 2021-03 11.89 1,609.65 -0.8%
Shyam Metalics And Energy Ltd. Consolidated 2021-03 2.19 427.90 -0.8%
Tata Steel BSL Ltd. Consolidated 2021-03 0.47 89.35 +0.5%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
JSW Steel Ltd. Consolidated 2021-03 1.31 704.55 -1.8%
Tata Steel Ltd. Consolidated 2021-03 1.20 1,297.95 +1.3%
Steel Authority Of India Ltd. Consolidated 2020-03 1.30 129.60 +2.4%
Jindal Steel & Power Ltd. Consolidated 2020-03 1.15 403.80 +1.5%
APL Apollo Tubes Ltd. Consolidated 2021-03 0.31 1,609.65 -0.8%
Shyam Metalics And Energy Ltd. Consolidated 2020-03 0.47 427.90 -0.8%
Tata Steel BSL Ltd. Consolidated 2020-03 0.91 89.35 +0.5%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
JSW Steel Ltd. Consolidated 2021-03 18.97 704.55 -1.8%
Tata Steel Ltd. Consolidated 2021-03 10.87 1,297.95 +1.3%
Steel Authority Of India Ltd. Consolidated 2020-03 4.75 129.60 +2.4%
Jindal Steel & Power Ltd. Consolidated 2020-03 -1.25 403.80 +1.5%
APL Apollo Tubes Ltd. Consolidated 2021-03 26.84 1,609.65 -0.8%
Shyam Metalics And Energy Ltd. Consolidated 2020-03 12.81 427.90 -0.8%
Tata Steel BSL Ltd. Consolidated 2020-03 -3.42 89.35 +0.5%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
JSW Steel Ltd. Consolidated 2021-03 15.56 704.55 -1.8%
Tata Steel Ltd. Consolidated 2021-03 11.98 1,297.95 +1.3%
Steel Authority Of India Ltd. Consolidated 2020-03 7.31 129.60 +2.4%
Jindal Steel & Power Ltd. Consolidated 2020-03 5.63 403.80 +1.5%
APL Apollo Tubes Ltd. Consolidated 2021-03 27.78 1,609.65 -0.8%
Shyam Metalics And Energy Ltd. Consolidated 2020-03 10.35 427.90 -0.8%
Tata Steel BSL Ltd. Consolidated 2020-03 2.91 89.35 +0.5%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
JSW Steel Ltd. Consolidated 2021-03 79,839.00 704.55 -1.8%
Tata Steel Ltd. Consolidated 2021-03 156,294.18 1,297.95 +1.3%
Steel Authority Of India Ltd. Consolidated 2020-03 61,664.16 129.60 +2.4%
Jindal Steel & Power Ltd. Consolidated 2020-03 36,917.48 403.80 +1.5%
APL Apollo Tubes Ltd. Consolidated 2021-03 8,499.75 1,609.65 -0.8%
Shyam Metalics And Energy Ltd. Consolidated 2020-03 4,362.89 427.90 -0.8%
Tata Steel BSL Ltd. Consolidated 2020-03 18,199.14 89.35 +0.5%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
JSW Steel Ltd. Consolidated 2021-03 7,872.00 704.55 -1.8%
Tata Steel Ltd. Consolidated 2021-03 7,862.45 1,297.95 +1.3%
Steel Authority Of India Ltd. Consolidated 2020-03 1,926.39 129.60 +2.4%
Jindal Steel & Power Ltd. Consolidated 2020-03 -399.70 403.80 +1.5%
APL Apollo Tubes Ltd. Consolidated 2021-03 407.70 1,609.65 -0.8%
Shyam Metalics And Energy Ltd. Consolidated 2020-03 340.33 427.90 -0.8%
Tata Steel BSL Ltd. Consolidated 2020-03 -628.49 89.35 +0.5%