Nova Iron & Steel quarterly results and financials

Nova Iron & Steel (BSE 513566)₹12.550.00%(9 Nov 2026 close)Iron & Steel Products

Key facts

In the Sep 2025 quarter (standalone), Nova Iron & Steel reported sales of ₹108 Cr, up 8.7% from Sep 2024, and net profit of −₹1.07 Cr. For the year to Mar 2025, sales were ₹416 Cr and net profit ₹149 Cr.

Sales (Sep 2025): ₹108 Cr
Net profit (Sep 2025): −₹1.07 Cr
Sales (FY Mar 2025): ₹416 Cr
Net profit (FY Mar 2025): ₹149 Cr
EPS (Sep 2025): ₹−0.28
Borrowings (Mar 2025): ₹249 Cr

Company filings, standalone accounts; latest reported quarter Sep 2025

Nova Iron & Steel quarterly results

₹ crore unless stated; each column is a quarter.

Nova Iron & Steel Quarterly results
	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	166	185	182	121	113	146	125	99.06	97.52	94.49	113	108
Expenses	176	160	177	123	107	153	111	100	94.85	100	105	109
Operating Profit	−10.84	25.78	5.04	−1.11	5.84	−7.28	13.81	−1.34	2.61	−5.85	7.66	−1.13
OPM %	−6.6%	13.9%	2.8%	−0.9%	5.2%	−5.0%	11.0%	−1.4%	2.7%	−6.2%	6.8%	−1.1%
Other Income	1.05	3.01	2.02	0.95	4.16	−67.44	−1.00	1.07	0.48	160	0.14	9.22
Interest	1.47	12.62	2.72	3.48	3.40	15.02	3.57	3.74	2.96	0.82	1.51	3.49
Depreciation	2.47	2.47	11.00	11.28	11.41	11.41	4.76	4.86	4.90	4.95	4.11	5.63
Profit before tax	−13.74	13.79	−6.65	−14.90	−4.77	−101	4.48	−8.84	−4.72	149	2.20	−1.04
Tax %	7.3%	15.7%	0.0%	−4.0%	0.0%	−32.7%	0.0%	0.0%	0.0%	−6.1%	0.0%	0.0%
Exceptional items	0.00	0.00	0.00	0.00	0.00	−64.45	−2.07	0.09	0.00	161	0.00	8.88
Net Profit	−14.77	11.66	−6.65	−14.31	−4.79	−68.01	4.50	−8.86	−4.71	158	2.20	−1.07
EPS (Rs)	−4.08	3.21	−1.83	−3.95	−1.31	−18.80	1.23	−2.44	−1.30	43.56	0.60	−0.28

Nova Iron & Steel profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Nova Iron & Steel Profit and loss
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	8.97	15.96	52.82	19.93	3.99	51.82	344	603	695	563	416	412
Expenses	9.96	14.96	42.86	10.96	6.98	88.72	336	588	670	559	406	409
Operating Profit	0.00	0.99	9.98	7.98	−2.99	−36.91	7.98	15.97	25.92	2.99	9.98	3.29
OPM %	−5.0%	7.0%	19.0%	43.0%	−86.0%	−71.0%	2.3%	2.6%	3.7%	0.5%	2.4%	0.8%
Other Income	5.99	2.01	0.00	1.99	5.01	3.01	6.99	7.99	4.99	−60.01	160	170
Interest	6.02	6.02	7.02	7.03	0.00	0.00	1.01	25.08	17.07	25.10	11.04	8.78
Depreciation	1.99	0.99	0.99	0.99	1.01	6.99	9.01	9.99	9.99	44.99	18.99	19.59
Profit before tax	−1.99	−3.99	2.99	1.99	0.99	−40.94	4.99	−10.97	2.99	−127	140	145
Tax %	−5.0%	6.0%	4.0%	0.0%	7.0%	24.0%	330.0%	38.0%	152.0%	−26.0%	−6.0%	—
Exceptional items	6.02	2.01	0.00	0.00	3.01	0.00	0.00	0.00	−1.01	−64.26	157	169
Net Profit	−2.01	−3.99	3.01	2.01	0.99	−52.01	−11.99	−14.99	−2.01	−93.95	149	154
EPS (Rs)	−0.54	−1.22	0.70	0.62	0.16	−14.22	−3.29	−4.08	−0.49	−25.91	41.05	42.58
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

Nova Iron & Steel balance sheet

₹ crore, at each year end.

Nova Iron & Steel Balance sheet
	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	36.01	36.06	36.01	36.05	36.02	36.07	35.96	36.02	36.05	36.01	36.00	36.01
Reserves	−6.02	−8.02	−12.04	−10.03	−7.02	−6.02	−58.19	−69.16	−87.30	−89.26	−193	−47.11
Borrowings	78.31	173	194	199	240	339	329	312	334	333	399	249
Other Liabilities	66.00	72.09	98.14	95.88	90.91	99.03	111	209	253	219	52.75	68.67
Total Liabilities	175	273	316	321	360	468	419	488	536	499	295	306
Fixed Assets	62.96	61.96	63.93	62.96	61.99	60.94	380	372	361	361	176	143
CWIP	89.33	181	207	238	263	316	0.00	0.00	0.00	0.00	26.07	74.27
Investments	0.00	0.00	0.00	0.00	1.01	1.01	1.01	3.01	3.01	3.01	3.01	3.01
Other Assets	23.01	31.01	44.02	20.02	34.01	89.03	38.03	113	172	135	91.97	86.01
Inventories	6.99	13.52	28.40	6.16	3.88	40.16	6.91	68.93	120	78.91	20.09	22.94
Trade receivables	0.00	0.00	0.00	0.22	8.40	3.08	2.77	3.35	0.62	0.80	20.52	11.57
Cash & equivalents	0.70	0.37	0.40	0.54	0.14	0.35	0.08	1.09	1.06	0.94	2.73	1.01
Total Assets	175	273	316	321	360	468	419	488	536	499	295	306

Nova Iron & Steel cash flow

₹ crore, for each year.

Nova Iron & Steel Cash flow
	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from operating activity	85.84	0.99	12.97	32.94	−2.99	−47.88	8.97	17.96	2.99	17.96	−9.98	35.94
Cash from investing activity	−78.13	−88.15	−28.06	−31.09	−32.08	−50.09	−4.01	0.00	1.01	−1.01	−31.05	−36.07
Cash from financing activity	−8.01	88.07	15.01	−2.01	35.01	99.11	−6.01	−17.01	−4.01	−17.02	44.01	−1.01
Net cash flow	−0.99	0.00	0.00	0.00	0.00	0.00	0.00	0.99	0.00	0.00	1.99	−1.99
Capex	9.47	0.95	3.80	0.03	0.00	53.43	11.08	0.43	0.02	9.66	36.35	49.81
Free cash flow	8.02	−88.17	−15.04	2.01	−28.04	−102	−2.01	18.03	3.01	9.02	−47.08	0.00
CFO / OP %	463.0%	−117.0%	1,235.0%	320.0%	−35.0%	1,433.0%	−25.0%	238.0%	23.0%	71.0%	−326.0%	339.0%

Nova Iron & Steel ratios

Working-capital days and returns, by year.

Nova Iron & Steel Ratios
	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor days	0	0	0	1	156	285	18	3	0	0	12	9
Inventory days	104	1,281	879	60	580	—	46	87	86	51	18	28
Days payable	190	1,815	417	53	642	—	552	161	88	57	27	61
Cash conversion cycle	−86	−533	462	8	95	287	−486	−71	−1	−5	4	−22
Working capital days	−899	−8,476	−5,726	−1,855	−5,610	−32,992	−2,725	−398	−48	−40	−34	−86
ROCE %	15.0%	−1.0%	0.0%	4.0%	4.0%	−1.0%	−12.1%	2.0%	5.0%	7.0%	−14.0%	−3.0%

Nova Iron & Steel: frequently asked questions

What are the latest quarterly results of Nova Iron & Steel?

For the Sep 2025 quarter, Nova Iron & Steel reported sales of ₹108 Cr, up 8.7% year on year and net profit of −₹1.07 Cr. The operating margin was −1.1%.

What is the annual revenue of Nova Iron & Steel?

Nova Iron & Steel's sales for the year to Mar 2025 were ₹416 Cr; over the last twelve months they were ₹412 Cr.

What is the net profit of Nova Iron & Steel?

Net profit for the year to Mar 2025 was ₹149 Cr, and ₹154 Cr over the last twelve months. Earnings per share over the same trailing period were ₹42.58.

How much debt does Nova Iron & Steel have?

Nova Iron & Steel reported borrowings of ₹249 Cr at Mar 2025, against cash and equivalents of ₹1.01 Cr.

What is the free cash flow of Nova Iron & Steel?

Cash from operations was ₹35.94 Cr in the year to Mar 2025; after capital spending, free cash flow was ₹0 Cr.

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