Nova Iron & Steel Ltd Stock Price Today (NSE: NOVIS)
Fundamental Score
Nova Iron & Steel Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Nova Iron & Steel Ltd share price today is ₹11.31, down 2.94% on NSE/BSE as of 30 March 2026. Nova Iron & Steel Ltd (NOVIS) is a Small-cap company in the Iron & Steel Products sector with a market capitalisation of ₹50.23 (Cr). The 52-week high for NOVIS share price is ₹16.89 and the 52-week low is ₹11.37.
Nova Iron & Steel Ltd Share Price Chart — NSE/BSE Historical Performance
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
Nova Iron & Steel Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
Nova Iron & Steel Share Price: A Value Investor's Cautious Perspective
The Iron & Steel industry, while cyclical, often rewards diligent capital allocators. However, current market conditions demand heightened scrutiny. This analysis examines the Nova Iron & Steel share price of ₹12.869999885559082 through the lens of a conservative value investor focused on capital preservation. This report is part of an 80-parameter fundamental audit verified by Sweta Mishra.
Currently, Nova Iron & Steel Ltd has a PE ratio of 'None', indicating a lack of profitability based on recent data. While a missing PE ratio isn't inherently negative (it could signal future potential), it warrants deep investigation. One must consider the company's ability to generate sustainable earnings and its management's track record.
A critical concern is Nova Iron & Steel's ROCE (Return on Capital Employed) of -2.76%. This negative figure signifies that the company is currently destroying capital rather than generating returns on its investments. Such a low ROCE severely weakens any potential economic moat the company might hope to establish. A strong moat, crucial for long-term value creation, is built on consistently high returns, protecting the business from competition.
Compared to its peers, it's imperative to assess management quality. For example,
Azad India may exhibit different capital allocation strategies and operational efficiencies. Comparing their track records regarding past decisions, capital deployment, and shareholder value creation is vital. Understanding these qualitative differences helps paint a clearer picture of Nova Iron & Steel's relative strengths and weaknesses within the sector.Given the negative ROCE and absence of a PE ratio, a value investor prioritizing capital safety should proceed with extreme caution. Further investigation into the reasons behind the poor ROCE, the company's debt levels, and its cash flow generation is crucial. It's essential to determine if the issues are temporary or indicative of a more fundamental problem before considering any investment decision. This analysis is purely observational and does not constitute investment advice.
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Nova Iron & Steel Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of NOVIS across key market metrics for learning purposes.
Positive Indicators
2 factors identified
Consistent Growth Track Record (51.52% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
8 factors identified
Suboptimal ROCE (-2.76%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Margin Pressure Concerns (2.34%)
Observation: Operating margins are below industry standards.
Analysis: OPM <5% may indicate pricing pressures or cost management challenges.
Profit Decline Concern (-66.26%)
Observation: Significant year-over-year profit contraction observed.
Analysis: Declining profitability requires investigation into underlying causes.
Revenue Contraction (-9.70%)
Observation: Sales decline may indicate market challenges or competitive pressures.
Analysis: Negative revenue growth requires analysis of market conditions.
Weak Interest Coverage (-1.52x)
Observation: Limited ability to service debt obligations from earnings.
Analysis: Low interest coverage raises concerns about financial stability.
Negative Free Cash Flow (₹-16.07 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
Limited Institutional Interest (FII+DII: 1.32%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Nova Iron & Steel Ltd Financial Statements
Comprehensive financial data for Nova Iron & Steel Ltd including income statement, balance sheet and cash flow
About NOVIS (Nova Iron & Steel Ltd)
Nova Iron & Steel Ltd (NOVIS) is a dynamic force in the global iron and steel industry, focused on producing high-quality metal solutions for diverse applications. From its base of... operations, NOVIS oversees the manufacturing and distribution of a comprehensive range of iron and steel products, catering to the evolving needs of construction, manufacturing, and infrastructure projects worldwide. With a commitment to innovation and sustainable practices, NOVIS continuously invests in advanced technologies and efficient processes to ensure superior product performance and minimize environmental impact. The company prides itself on delivering reliable materials that meet stringent quality standards, earning the trust of its customers and partners across the international marketplace. At the core of NOVIS's product line is its specialized sponge iron, a vital component in the production of various steel products. This high-purity material serves as a crucial input for steel manufacturers seeking consistent and reliable performance in their own operations. In addition to its core focus on iron and steel, NOVIS strategically engages in other sectors, demonstrating its adaptability and diversification. NOVIS also ventures into trading securities and exploring opportunities within the natural resources sector, expanding its overall business portfolio. This strategic approach allows NOVIS to remain flexible and resilient in a dynamic global economy, while also fostering opportunities for growth and development. NOVIS operates with a global perspective, actively exporting its products to meet international demand. Recognizing the importance of strategic partnerships, the company collaborates with distributors and customers worldwide, ensuring its iron and steel products reach key markets efficiently. The company's commitment to international trade reflects its ambition to be a leading player in the global iron and steel landscape. With a foundation built on quality, reliability, and a dedication to customer satisfaction, NOVIS continues to strengthen its position as a trusted provider of iron and steel solutions, shaping the future of the industry through innovation and responsible business practices.
Company Details
Key Leadership
Latest News
NOVIS Share Price: Frequently Asked Questions
What is the current share price of Nova Iron & Steel Ltd (NOVIS)?
As of 30 Mar 2026, 12:04 pm IST, Nova Iron & Steel Ltd share price is ₹11.31. The NOVIS stock has a market capitalisation of ₹50.23 (Cr) on NSE/BSE.
Is NOVIS share price Overvalued or Undervalued?
NOVIS share price is currently trading at a P/E ratio of 0.00x, compared to the industry average of 22.05x. Based on this relative valuation, the Nova Iron & Steel Ltd stock appears to be Fairly Valued against its sector peers.
What is the 52-week high and low of NOVIS share price?
The 52-week high of NOVIS share price is ₹16.89 and the 52-week low is ₹11.37. These values are updated daily from NSE/BSE price data.
What factors affect the Nova Iron & Steel Ltd share price?
Key factors influencing NOVIS share price include quarterly earnings growth (Sales Growth: -9.70%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Nova Iron & Steel Ltd a good stock for long-term investment?
Nova Iron & Steel Ltd shows a 5-year Profit Growth of 12.88% and an ROE of N/A%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of N/A before investing in NOVIS shares.
How does Nova Iron & Steel Ltd compare with its industry peers?
Nova Iron & Steel Ltd competes with major peers in the Iron & Steel Products. Investors should compare NOVIS share price P/E of 0.00x and ROE of N/A% against the industry averages to determine competitive standing.
What is the P/E ratio of NOVIS and what does it mean?
NOVIS share price has a P/E ratio of N/Ax compared to the industry average of 22.05x. Investors pay ₹N/A for every ₹1 of annual earnings.
How is NOVIS performing according to Bull Run's analysis?
NOVIS has a Bull Run fundamental score of 26.2/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does NOVIS belong to?
NOVIS operates in the Iron & Steel Products industry. This classification helps understand the competitive landscape and sector-specific trends affecting Nova Iron & Steel Ltd share price.
What is Return on Equity (ROE) and why is it important for NOVIS?
NOVIS has an ROE of N/A%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently Nova Iron & Steel Ltd generates profits from shareholders capital.
How is NOVIS debt-to-equity ratio and what does it indicate?
NOVIS has a debt-to-equity ratio of N/A, which indicates conservative financing with low financial risk.
What is NOVIS dividend yield and is it a good dividend stock?
NOVIS offers a dividend yield of 0.00%, meaning you receive ₹0.00 annual dividend for every ₹100 invested in Nova Iron & Steel Ltd shares.
How has NOVIS share price grown over the past 5 years?
NOVIS has achieved 5-year growth rates of: Sales Growth 51.52%, Profit Growth 12.88%, and EPS Growth 12.88%.
What is the promoter holding in NOVIS and why does it matter?
Promoters hold 44.16% of NOVIS shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Nova Iron & Steel Ltd.
What is NOVIS market capitalisation category?
NOVIS has a market capitalisation of ₹50 crores, placing it in the Small-cap category.
How volatile is NOVIS stock?
NOVIS has a beta of N/A. A beta > 1 suggests the Nova Iron & Steel Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is NOVIS operating profit margin trend?
NOVIS has a 5-year average Operating Profit Margin (OPM) of 2.34%, indicating the company's operational efficiency.
How is NOVIS quarterly performance?
Recent quarterly performance shows Nova Iron & Steel Ltd YoY Sales Growth of -9.70% and YoY Profit Growth of -66.26%.
What is the institutional holding pattern in NOVIS?
NOVIS has FII holding of 0.00% and DII holding of 1.32%. Significant institutional holding often suggests professional confidence in the Nova Iron & Steel Ltd stock.