India Steel Works Ltd
INDI

India Steel Works Ltd (513361)

₹2.190.92%

Key Stats

₹2.15
Day's Price Range
₹2.24
₹1.31
52-Week Price Range
₹6.88
1 Month Return-14.57 %
3 Month Return-23.33 %
1 Year Return61.94 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 240
-1.6
EPS
Rank 213
₹-1.36
BVPS
Rank 251
₹3.4
Dividend Yield
Rank 133
ROE
Rank 362
Price To Book Ratio
0.63
Debt To Asset
Rank 85
0.74

Company Information

Isibars incorporated as Khanna Roy Heavy Engineering in 1987 and was acquired by the present promoter H L Gupta took over the firm in 1990 and renamed it as Isibars in May 1991. The company manufactures and markets alloy steel stainless steel rolled and colddrawn products of various sizes and sections inst. cap. : 40000 tpa. Later Isibar took over the steel division of Zenith comprising the steel melting and rolling unit at Khopoli Maharashtra. Drawn stainless steel bars and bright bars being corrosionresistant are used in the automobile textile machine tool chemical food dairy and marine industries. Stainless steel flats are coldrolled and used to manufacture stainless steel utensils. The company increased its capacity for coldfinished bars to 10000 tpa. The companys expansioncumbackward integration project at Khopoli has been implemented and it started production from July 1998 with a cost of Rs 120.52 crs. In 200001 the company issued and allotted on private placement basis to ICICI Ltd Secured Cumulative Zero Coupon Optionally Fully Convertible Debentures of the face value of Rs.53.31 cr at a discounted value of Rs.23.50 cr and Secured Non convertible Debentures of Rs.14.52 cr at a discounted value of Rs.6.4 Cr. The company made a reference to BIFR due to erosion of networth.
OrganisationIndia Steel Works Ltd
HeadquartersRaigad
IndustrySteel