Bhavnagar (Gujarat) integrated steel group making MS billets and TMT rebars (Rudra TMX), with group arms in ship recycling (Alang) and infra-retail outlets.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 25 | 25 | 25 | 25 | 50 | 50 | 50 | 50 |
| Reserves | 75 | 45 | 53 | 68 | 64 | 75 | 80 | 89 |
| Borrowings | 107 | 176 | 135 | 115 | 131 | 164 | 225 | 135 |
| Other Liabilities | 86 | 82 | 115 | 104 | 60 | 53 | 65 | 132 |
| Total Liabilities | 293 | 328 | 329 | 312 | 304 | 342 | 421 | 405 |
| AssetsFixed Assets | 65 | 60 | 56 | 60 | 60 | 59 | 58 | 88 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 229 | 268 | 273 | 252 | 244 | 284 | 362 | 318 |
| Total Assets | 293 | 328 | 329 | 312 | 304 | 342 | 421 | 405 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -14 | -8 | -54 | 59 | 44 | 4 | -13 | 32 |
| Cash from Investing | -23 | 11 | 7 | -1 | -9 | -6 | -4 | -33 |
| Cash from Financing | 34 | -2 | 47 | -57 | -35 | 0 | 17 | 1 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -36 | -9 | -54 | 59 | 44 | 4 | -13 | -1 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
539226 · CYCLICAL_UNMODELABLE
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