BIHSPONG
Bihar Sponge Iron financials
- Market cap
- ₹122 Cr
Quarterly results
Q1 FY27: revenue down 100.0%, net profit up 17.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 64 | 53 | 98 | 78 | 64 +0% | 87 +64% | 17 −83% | 0 −100% |
| EBITDA | -5 | -3 | -4 | -3 | -4 +13% | -1 +60% | -4 +16% | -3 +1% |
| Net profit | 1 | 2 | 3 | 2 | 2 +20% | 6 +229% | 1 −63% | 2 +17% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −9.0% 1Y
1Y: ₹14.17 on 10 Sept 2025 → ₹12.9. High ₹16.03 (17 Feb 2026), low ₹10.13 (19 Mar 2026).
Financials, as filed
Revenue fell 4.1% a year over 2 years, FY24 to FY26. Operating margin held at -5.0%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹267 Cr | ₹319 Cr | ₹245 Cr |
| Operating profit | ₹-14 Cr | ₹-15 Cr | ₹-12 Cr |
| Operating margin | -5.2% | -4.8% | -5.0% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹4 Cr | ₹4 Cr | ₹4 Cr |
| Net profit | ₹7 Cr | ₹10 Cr | ₹11 Cr |
| Net margin | 2.8% | 3.3% | 4.6% |
| Cash from operations | ₹19 Cr | ₹8 Cr | ₹-3 Cr |
| Free cash flow | ₹17 Cr | ₹8 Cr | ₹-2 Cr |
| ROCE | 11.0% | 11.0% | 16.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹90 Cr | ₹90 Cr | ₹90 Cr | ₹90 Cr | ₹90 Cr | ₹90 Cr |
| Reserves | ₹-174 Cr | ₹-166 Cr | ₹-153 Cr | ₹-146 Cr | ₹-132 Cr | ₹-124 Cr |
| Borrowings | ₹121 Cr | ₹119 Cr | ₹136 Cr | ₹119 Cr | ₹27 Cr | ₹112 Cr |
| Other liabilities | ₹27 Cr | ₹100 Cr | ₹92 Cr | ₹119 Cr | ₹149 Cr | ₹15 Cr |
| Total liabilities | ₹65 Cr | ₹143 Cr | ₹164 Cr | ₹182 Cr | ₹135 Cr | ₹92 Cr |
| Fixed assets | ₹42 Cr | ₹61 Cr | ₹57 Cr | ₹53 Cr | ₹48 Cr | ₹42 Cr |
| Capital work in progress | ₹3 Cr | ₹0 Cr | ₹2 Cr | ₹3 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹20 Cr | ₹82 Cr | ₹105 Cr | ₹126 Cr | ₹88 Cr | ₹50 Cr |
| Total assets | ₹65 Cr | ₹143 Cr | ₹164 Cr | ₹182 Cr | ₹135 Cr | ₹92 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 1% to 59,146.
- Promoters
- 69.2%
- DIIs
- 0.1%
- Public
- 30.7%
Since Jun 2025
- Promoters 0.00 pp
- DIIs 0.00 pp
- Public 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 69.2%, DIIs 0.1%, Public 30.7%.Dec '23: Promoters 69.2%, DIIs 0.1%, Public 30.7%.Mar '24: Promoters 69.2%, DIIs 0.1%, Public 30.7%.Jun '24: Promoters 69.2%, DIIs 0.1%, Public 30.7%.Sep '24: Promoters 69.2%, DIIs 0.1%, Public 30.7%.Dec '24: Promoters 69.2%, DIIs 0.1%, Public 30.7%.Mar '25: Promoters 69.2%, DIIs 0.1%, Public 30.7%.Jun '25: Promoters 69.2%, DIIs 0.1%, Public 30.7%.Sep '25: Promoters 69.2%, DIIs 0.1%, Public 30.7%.Dec '25: Promoters 69.2%, DIIs 0.1%, Public 30.7%.Mar '26: Promoters 69.2%, DIIs 0.1%, Public 30.7%.Jun '26: Promoters 69.2%, DIIs 0.1%, Public 30.7%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Bihar Sponge Iron Ltd above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Moderate Leasing And Capital Services Ltd | 49.10% | unchanged |
| Bihar State Industrial Development Corpn. Ltd. | 7.11% | unchanged |
| Longwell Investment Pvt Ltd | 4.47% | unchanged |
| Umesh Kumar Modi | 4.41% | unchanged |
| M/S Modi Industries Ltd | 2.22% | unchanged |
| A To Z Holdings Private Limited | 1.89% | unchanged |
| Meghna Modi | 0.02% | unchanged |
| Kumkum Modi | 0.01% | unchanged |
| Abhikum Leasing And Investments Private Limited | 0.00% | unchanged |
| Abhishek Modi | 0.00% | unchanged |
| Hemani Modi | 0.00% | unchanged |
| Umesh Kumar Modi-HUF (Karta- Umesh Kumar Modi) | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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