Mines India's largest single-location iron ore deposit (Surjagarh) and runs pellet, DRI & steel units.
Price
Market Cap
Sector
Commodities
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 23 | 25 | 37 | 50 | 51 | 52 | 53 | 56 |
| Reserves | 122 | 157 | 445 | 1.5k | 2.8k | 6.4k | 7.8k | 11.7k |
| Borrowings | 124 | 155 | 96 | 4 | 32 | 994 | 2.0k | 5.5k |
| Other Liabilities | 374 | 383 | 246 | 493 | 1.1k | 1.3k | 2.2k | 3.0k |
| Total Liabilities | 642 | 720 | 824 | 2.0k | 3.9k | 8.7k | 12.0k | 20.3k |
| AssetsFixed Assets | 374 | 362 | 400 | 532 | 1.2k | 1.6k | 4.5k | 6.7k |
| CWIP | 42 | 85 | 86 | 298 | 1.3k | 4.2k | 3.0k | 5.7k |
| Investments | 0 | 0 | 0 | 37 | 29 | 75 | 170 | 725 |
| Other Assets | 226 | 274 | 338 | 1.2k | 1.4k | 2.9k | 4.4k | 7.2k |
| Total Assets | 642 | 720 | 824 | 2.0k | 3.9k | 8.7k | 12.0k | 20.3k |
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.
LLOYDSME · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.