NOVIS
Nova Iron & Steel financials
- Market cap
- ₹43 Cr
Quarterly results
Q4 FY26: revenue up 43.4%, net profit down 103.4% against the same quarter last year.
| Line item | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 125 | 99 | 98 | 95 | 113 −10% | 108 +9% | 110 +12% | 136 +43% |
| EBITDA | 14 | -1 | 3 | -6 | 8 −44% | -1 +16% | -1 −148% | 6 +201% |
| Net profit | 4 | -9 | -5 | 158 | 2 −51% | -1 +88% | -12 −149% | -5 −103% |
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 +3.3% 1Y
1Y: ₹14.9 on 9 Sept 2025 → ₹15.39. High ₹15.8 (22 Sept 2025), low ₹11.2 (3 Sept 2026).
Financials, as filed
Revenue fell 9.0% a year over 2 years, FY24 to FY26. Operating margin widened to 2.4%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹564 Cr | ₹417 Cr | ₹467 Cr |
| Operating profit | ₹3 Cr | ₹9 Cr | ₹11 Cr |
| Operating margin | 0.4% | 2.2% | 2.4% |
| Interest | ₹25 Cr | ₹11 Cr | ₹12 Cr |
| Depreciation | ₹45 Cr | ₹19 Cr | ₹22 Cr |
| Net profit | ₹-94 Cr | ₹149 Cr | ₹-16 Cr |
| Net margin | -16.6% | 35.7% | -3.4% |
| Cash from operations | ₹-10 Cr | ₹36 Cr | — |
| Free cash flow | ₹-47 Cr | ₹0 Cr | — |
| ROCE | -14.0% | -3.0% | -4.0% |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Equity capital | ₹36 Cr | ₹36 Cr | ₹36 Cr | ₹36 Cr | ₹36 Cr | ₹36 Cr |
| Reserves | ₹-58 Cr | ₹-69 Cr | ₹-87 Cr | ₹-89 Cr | ₹-192 Cr | ₹-47 Cr |
| Borrowings | ₹329 Cr | ₹311 Cr | ₹333 Cr | ₹332 Cr | ₹398 Cr | ₹248 Cr |
| Other liabilities | ₹112 Cr | ₹210 Cr | ₹254 Cr | ₹220 Cr | ₹53 Cr | ₹69 Cr |
| Total liabilities | ₹419 Cr | ₹488 Cr | ₹536 Cr | ₹499 Cr | ₹295 Cr | ₹306 Cr |
| Fixed assets | ₹380 Cr | ₹372 Cr | ₹361 Cr | ₹361 Cr | ₹176 Cr | ₹143 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹26 Cr | ₹74 Cr |
| Investments | ₹1 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr |
| Other assets | ₹38 Cr | ₹113 Cr | ₹172 Cr | ₹135 Cr | ₹92 Cr | ₹86 Cr |
| Total assets | ₹419 Cr | ₹488 Cr | ₹536 Cr | ₹499 Cr | ₹295 Cr | ₹306 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.
- Promoters
- 44.2%
- DIIs
- 1.3%
- Public
- 54.5%
Since Jun 2025
- Promoters −0.01 pp
- Public +0.01 pp
- DIIs 0.00 pp
How it drifted, 12 quarters
Over this window promoters fell from 69.8% to 44.2% — −25.6 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 69.8%, DIIs 1.3%, Public 28.9%.Dec '23: Promoters 44.2%, DIIs 1.3%, Public 54.5%.Mar '24: Promoters 44.2%, DIIs 1.3%, Public 54.5%.Jun '24: Promoters 44.2%, DIIs 1.3%, Public 54.5%.Sep '24: Promoters 44.2%, DIIs 1.3%, Public 54.5%.Dec '24: Promoters 44.2%, DIIs 1.3%, Public 54.5%.Mar '25: Promoters 44.2%, DIIs 1.3%, Public 54.5%.Jun '25: Promoters 44.2%, DIIs 1.3%, Public 54.5%.Sep '25: Promoters 44.2%, DIIs 1.3%, Public 54.5%.Dec '25: Promoters 44.2%, DIIs 1.3%, Public 54.5%.Mar '26: Promoters 44.2%, DIIs 1.3%, Public 54.5%.Jun '26: Promoters 44.2%, DIIs 1.3%, Public 54.5%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Olympian Steel Industries Limited +11.88 pp 12.14% held
- Vintage Steel Private Limited +6.09 pp 6.35% held
- Titanic Steel Industries Private Limited +2.98 pp 6.20% held
- Sanjay Singal newly disclosed 0.03% held
The same filing shows 2 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Nova Iron & Steel Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Bhushan Power And Steel Ltd | 25.65% | unchanged |
| Olympian Steel Industries Limited | 12.14% | +11.88 pp |
| Aromatic Steel Private Limited | 9.46% | unchanged |
| Rgf Real Estates Private Limited | 9.22% | unchanged |
| Vintage Steel Private Limited | 6.35% | +6.09 pp |
| Titanic Steel Industries Private Limited | 6.20% | +2.98 pp |
| Shrim Investment Solutions Private Limited | 3.68% | unchanged |
| Shivalikview Steel Trading Pvt. Ltd. | 0.26% | unchanged |
| Aarti Iron & Power Limited | 0.26% | unchanged |
| Rockland Steel Trading (P) Ltd. | 0.26% | unchanged |
| Sanjay Singal | 0.03% | newly disclosed |
| Reward Capital Services Pvt.Ltd. | 0.00% | −11.88 pp |
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.
Learn to analyse Nova Iron & Steel Ltd.
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