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₹14.96

▼ -1.66 -9.99%

16 Sept 2026

BSE Listed · Steel

LT-ASM · ASM 1
What does LT-ASM · ASM 1 mean?
BSE · Long Term Additional Surveillance Measure (ASM 1)LT-ASM is the joint SEBI/exchange framework for SUSTAINED abnormal price moves (contrast ST-ASM's 5–15-day spikes). Entry is beta-adjusted price variation versus the Nifty (e.g. 3-month high-low above 150% plus the stock's β × index move) along with client-concentration checks. Stages I–IV escalate from a 5% price band through 100% margin to Trade-for-Trade with an additional surveillance deposit. Practical meaning: the exchange still considers the price action abnormal — tighter bands and elevated margins continue even if another measure (like ESM) has lifted. A stock can sit under LT-ASM on both exchanges via either exchange's shortlisting; it is a preventive cost-of-speculation measure, not an adverse finding against the company.Criteria: High 3-month / 12-month high-low price variation, close-to-close price variation, client concentration, number of price-band hits, market-wide position limit and P/E — applied in graded Stages I–IV with escalating margin and price-band curbs.Exchange notice · 2026-09-15

Nova Iron & Steel Ltd. (513566)

Volume: 4,829Avg Vol 1W: 56,099Avg Vol 1M: 14,75052W Range:₹10.54₹18.46
BSE www.novaironsteel.com AI Report
Key Ratios
Checked 1h ago
Market Cap₹54 Cr
Current Price₹14.96
Previous Close₹16.62
High / Low (52w)₹18.46 / ₹10.54
Volume4,829
Avg Vol (1W)56,099
Avg Vol (1M)14,750
Stock P/E0.31
Book Value₹-7.49
Dividend Yield0%
ROE81.86%
ROA-6.05%
Revenue (TTM)—
Revenue Growth—
Profit Margin-411.23%
Total Debt—
Shares Outstanding4 Cr
Face Value₹10
EPS (TTM)₹0
P/B—
Debt / Equity7.82
50 DMA₹12.56
200 DMA₹12.65
Day change-9.99%
SurveillanceLT-ASM · ASM 1
Price Chart
₹14.96▲ 1.77% · 1Y
₹18₹111.6L
2025-09-16
2026-09-16

20-day avg volume: 16K shares

Pros
  • Healthy return on equity of 81.9%.
  • Company is almost debt-free.
Cons
  • Revenue fell 60% YoY.
  • Negative book value per share.
Quarterly Results
MetricSept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Revenue₹99 Cr₹98 Cr₹95 Cr₹113 Cr₹108 Cr₹110 Cr₹136 Cr₹67 Cr
EBITDA₹-5 Cr₹-2 Cr₹-10 Cr₹4 Cr₹-6 Cr₹-7 Cr₹0 Cr₹-2 Cr
Net Profit₹-9 Cr₹-5 Cr₹158 Cr₹2 Cr₹-1 Cr₹-12 Cr₹-5 Cr₹1 Cr
EPS————————
Profit & Loss (Annual)
MetricMar 2016Mar 2017Mar 2018
Revenue₹16 Cr₹53 Cr₹21 Cr
EBITDA₹0 Cr₹9 Cr₹9 Cr
Net Profit₹-4 Cr₹3 Cr₹2 Cr
EPS-1.230.710.63
Balance Sheet
MetricMar 2016Mar 2017Mar 2018
Total Assets₹315 Cr₹320 Cr₹359 Cr
Total Liabilities₹291 Cr₹294 Cr₹330 Cr
Equity₹24 Cr₹26 Cr₹29 Cr
Total Debt———
Cash Flow
MetricMar 2016Mar 2017Mar 2018
Operating₹13 Cr₹33 Cr₹-3 Cr
Investing₹-28 Cr₹-31 Cr₹-32 Cr
Financing₹15 Cr₹-2 Cr₹35 Cr
Free Cash Flow₹13 Cr₹33 Cr₹-3 Cr
Shareholding
Promoter 44.16% Institutions 1.32% Public 54.52%
Efficiency & Working Capital
ROCE-4.1%
Interest Coverage1.3
Dividend Payout—
Debtor Days156 d
Inventory Days72 d
Payable Days80 d
Cash Conversion Cycle149 d
Working Capital Days228 d
Shareholding Details

As of 2026-06-30

Promoter44.2%
FII0%
DII1.3%
Institutions1.3%
Public54.5%
Promoter Pledge0%
No. of Shareholders1,55,180
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters69.8%44.2%44.2%44.2%44.2%44.2%44.2%44.2%44.2%44.2%44.2%44.2%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs1.3%1.3%1.3%1.3%1.3%1.3%1.3%1.3%1.3%1.3%1.3%1.3%
Public28.9%54.5%54.5%54.5%54.5%54.5%54.5%54.5%54.5%54.5%54.5%54.5%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders1,55,1221,54,8211,55,7691,55,5581,55,7151,56,0111,55,9711,55,7451,55,5731,55,3791,55,3371,55,180
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503————
Major Shareholders (>1%)
NameCategoryStakeShares
Bhushan Power And Steel LtdPublic Shareholding25.7%92,69,146
Olympian Steel Industries LimitedShareholding of Promoter and Promoter Group12.1%43,85,675
Aromatic Steel Private LimitedShareholding of Promoter and Promoter Group9.5%34,18,000
Rgf Real Estates Private LimitedShareholding of Promoter and Promoter Group9.2%33,31,000
Vintage Steel Private LimitedShareholding of Promoter and Promoter Group6.4%22,93,415
Titanic Steel Industries Private LimitedShareholding of Promoter and Promoter Group6.2%22,39,585
Shrim Investment Solutions Private LimitedPublic Shareholding3.7%13,29,570
Shivalikview Steel Trading Pvt. Ltd.Shareholding of Promoter and Promoter Group0.3%94,000
Aarti Iron & Power LimitedShareholding of Promoter and Promoter Group0.3%94,000
Rockland Steel Trading (p) Ltd.Shareholding of Promoter and Promoter Group0.3%94,000
Sanjay SingalShareholding of Promoter and Promoter Group0%10,000
Aniket SingalShareholding of Promoter and Promoter Group0%0
Radhika Saurabh DhootShareholding of Promoter and Promoter Group0%0
Priyanka Ankit MiglaniShareholding of Promoter and Promoter Group0%0
Reward Capital Services Pvt.ltd.Shareholding of Promoter and Promoter Group0%0
Board of Directors
NameDesignationYear
HARDEV CHAND VERMAChairman & Director2025
DINESH KUMAR YADAVE D & Wholetime Director2025
Kusum NarukaIndependent Director2025
Suraj Prakash ChoudharyIndependent Director2025
Segments — Product
SegmentRevenueShare
Plant run and managed₹605 Cr99.9%
Direct operations managed₹1 Cr0.1%
Segments — Geography
RegionRevenueShare
Domestic₹417 Cr100%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹101603636
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2025000100168268
202500001515
2025000000
Insider / Designated-Person Trades

12 recent disclosure(s)

Nilanchal Investments Private LimitedDisposal · 33,31,000
Aromatic Steel Private LimitedAcquisition · 33,31,000
Olympian Finvest Private LimitedAcquisition · 94,000
Aarti Iron & Power Private LimitedDisposal · 94,000
Rockland Steel Trading Private LimitedDisposal · 94,000
Shivalikview Steel Trading Private LimitedDisposal · 94,000
Substantial Acquisitions (SAST)

12 disclosure(s)

Off Market / Inter se transfer15/07/2026 · 33,31,000
Off Market / Inter se transfer15/07/2026 · 33,31,000
-15/07/2026 · 33,31,000
-08/07/2026 · 94,000
-30/06/2026 - 06/07/2026 · 44,79,675
Off Market / Inter se transfer30/06/2026 · 42,91,675
Company Information
Incorporated1989
ChairmanHARDEV CHAND VERMA
AuditorMNRS & Associates
Investor Email[email protected]
🌐 www.novaironsteel.com ↗

📍 Village Dagori, Tehsil Belha, Bilaspur, Chattisgarh, 495224

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