Narayani Steels Ltd.
Snapshot View

33.45 -0.25 ▼-0.7%

29 July 2021, 04:00:00 P.M.
Volume: 1,962

Overview View Details

Sector Iron & Steel Compare with Sector peers
Industry Steel & Iron Products Compare with Industry peers
Website http://www.narayanisteels.in
Financial Indicators
Market Cap 36.38 Cr.
Earnings per share (EPS) -49.83 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 16.50 Trailing Twelve Months Ending 2021-03
Book Value / Share -49.64 Trailing Twelve Months Ending 2021-03
Price to Book Value -0.67 Calculated using Price: 33.35
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.09 Cr. 10,909,000 Shares
FaceValue 10
Company Profile

Incorporated in 1995, the company Narayani Steels, promoted by Shri Sunil Choudhary, started its operations with acquisition of a steel rolling plant in Vizianagaram. The company further acquired its second plant in 2012. The company strengthened its roots in Vishakhapatnam steel industry by expanding its business operations on a wide scale over the years. This fact is evidenced by increase in its business turnover from over Rs 200 crore in Financial Year 2011 to over Rs 500 crore in Financial Year 2016.

Currently, the company operates from two manufacturing units, both of which are situated in Vizianagaram district; one being used for production of angles, flats, channels, rounds, etc while the second unit is used for production of TMT Bars. The company procures billets and blooms from Rashtriya Ispat Nigam Limited (RINL), a Government of India undertaking which is renowned for its superior quality steel products.

The company provides TMT Bars as per approved industrial standards, and ensures that all its products have the appropriate content of various chemical compositions. Further, the company has an in-house testing facility for testing chemical composition of its products. With a goal to maintain standards in terms of quality and customer satisfaction, it is committed to satisfy customer compliance by supplying Narayani TMT Rebars as per the prescribed quality controls by government. The company has developed a wide network for the sales and distribution of its products across Andhra Pradesh, Telangana and other states in India.

Business area of the company

The company is engaged in trading and manufacturing of hot rolled long products of value added steel. The company primarily trade in blooms, billets, TMT bars, pellets, etc and also manufacture TMT bars and other long products such as rounds, flats, angles, channels, etc.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.74%
1 Week
+0.30%
1 Month
-7.72%
3 Month
+30.92%
6 Month
+48.01%
1 Year
+40.84%
2 Year
-21.66%
5 Year
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 6.98 5.86 6.58 5.72 4.81 6.40 4.43 5.25 -114.48
Return on Capital Employed (%) 11.63 11.08 13.10 12.58 12.36 14.60 13.29 12.02 -11.79
Return on Assets (%) 1.17 0.94 0.92 0.78 0.71 1.00 0.71 0.79 -11.39

Balance Sheet View Details

Particulars 9 years 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. 2020-03 Rs. Cr.
Shh. Funds 18 22 23 25 26 39 41 43 11
Non Curr. Liab. 11 10 16 15 15 14 13 19 2
Curr. Liab. 80 109 142 134 132 192 201 235 229
Minority Int.
Equity & Liab. 108 140 181 173 173 245 255 297 243
Non Curr. Assets 9 12 12 14 14 14 22 25 25
Curr. Assets 99 129 170 159 158 231 234 272 218
Misc. Exp. not W/O
Total Assets 108 140 181 173 173 245 255 297 243

Profit Loss View Details

Particulars 9 years 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. 2020-03 Rs. Cr.
Net Sales 372 474 576 596 503 774 778 752 359
Other Income 7 2 4 4 1 1 3 3 4
Total Income 379 476 580 600 504 776 780 755 362
Total Expenditure -370 -465 -565 -586 -490 -756 -758 -735 -385
PBIDT 9 11 15 14 14 19 22 20 -23
Interest -7 -9 -12 -11 -12 -16 -17 -16 -23
Depreciation 0 0 -1 -1 -1 -1 -1 -1 -2
Taxation -1 -1 -1 -1 -1 -1 -1 -1 17
Exceptional Items 0 -1
PAT 1 1 1 1 1 2 2 2 -31

Cash Flow View Details

Particulars 9 years 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. 2020-03 Rs. Cr.
Cash Fr. Operatn. -10 -15 17 12 6 -11 7 18 -103
Cash Fr. Inv. -11 -7 1 -2 2 -4 -4 -11 9
Cash Fr. Finan. 21 26 -17 -15 -7 17 -5 -8 93
Net Change 0 5 0 -5 1 3 -1 0 -2
Cash & Cash Eqvt 1 5 6 0 1 4 2 2 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 53.30 53.30 53.30 53.30 53.30 53.30 53.30 53.30 53.30
Public 46.70 46.70 46.70 46.70 46.70 46.70 46.70 46.70 46.70
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 28 Jul 2021
Statement On Related Party Transaction For The Half Year Ended<BR> 31" March 2021
statement on Related Party Transaction for the half year ended
31" March 2021
Mon, 26 Jul 2021
Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors
OUTCOME OF 03rd COC
Mon, 12 Jul 2021
Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors
Intimation of the 03rd Meeting of Committee of Creditors

Technical Scans View Details

Thu, 29 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Decreasing Relative Strength - Benchmark index Decreasing Relative Strength - Benchmark index
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
Stochastic Trending Up Stochastic Trending Up
NR 4 NR 4

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