Inducto Steel Ltd.
BSE: INDCTST · Iron & Steel Products · sector
₹54.00BSE close 2026-10-23
Key numbers
Market cap₹22 cr
Price₹54.00
52w high / low₹75 / ₹44
P/E6.1xSector median 15.5x
P/B0.5xSector median 1.7x
Book value₹99.7
Dividend yield–Sector median 0.60%
ROE5.2%Sector median 11.1%
ROCE17.4%Sector median 11.9%
OPM4.1%Sector median 6.7%
Debt / equity0.23xSector median 0.21x
EV/EBITDA1.2xSector median 11.8x
Interest cover1.5x
Current ratio1.11x
Sales growth 3y+22.6%Sector median +2.1%
Profit growth 3y-2.6%Sector median +13.0%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 118 companies in Iron & Steel Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹21 cr vs borrowings ₹9 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 1.5x in the last 12 months.
- Net loss in 2 of the last 6 quarters.
- Other income was 39% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹54.00 on 2026-10-23: -28.0% from the 52-week high, +24.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹85.07 · low ₹46.03
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 40 | 46 | 22 | 33 | 65 | 79 |
| EBITDA | 1 | 1 | -1 | 1 | 3 | 6 |
| OPM % | 2.4% | 1.2% | -3.8% | 1.8% | 4.1% | 7.2% |
| Other income | -0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 0 | -0 | -1 | 0 | 1 | 1 |
| EPS (₹) | 0.14 | 0.62 | 1.86 | 0.36 | 3.45 | 3.20 |
| Revenue YoY | +61.3% | +73.1% | ||||
| Profit YoY | +2,216.7% | – |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 57 | 90 | 104 | 159 | 166 | 199 |
| EBITDA | 3 | 2 | 2 | -3 | 3 | 8 |
| Net profit | 2 | 1 | 0 | -4 | 1 | 2 |
| EPS (₹) | 5.62 | 1.44 | 0.40 | 9.26 | 1.34 | 8.87 |
| Revenue growth | +56.6% | +15.6% | +52.4% | +4.5% | – | |
| Profit growth | -74.3% | -72.4% | -2,425.0% | – | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +22.6% | – | – |
| Net profit | -2.6% | – | – |
| EPS | -2.4% | – | – |
| Share price | – | -15.4% (2y) | -12.2% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 39 | 40 |
| Borrowings | 16 | 9 |
| Cash & equivalents | 0 | 21 |
| Total assets | 57 | 142 |
| Fixed assets | 4 | 4 |
| Capital work in progress | 0 | 0 |
| Investments | 22 | 21 |
| Receivables | 10 | 9 |
| Inventory | 14 | 69 |
| Payables | 0 | 87 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | -12 | 29 |
| Cash from investing | 1 | 1 |
| Cash from financing | 11 | -9 |
| Capex | 2 | 0 |
| Free cash flow | -14 | 29 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | -9.4% | 1.3% |
| ROCE % | -4.5% | 6.3% |
| Debtor days | 24 | 20 |
| Inventory days | 32 | 162 |
| Payable days | 1 | 205 |
| Cash conversion cycle (days) | 55 | -23 |
| Working capital days | 23 | 24 |
Peers in Iron & Steel Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| WELCORP | ₹61,798 cr | 26.7x | 6.8x | 27.8% | 19.2% | 13.9% | +19.8% | 0.21% |
| APLAPOLLO | ₹57,703 cr | 46.9x | 10.9x | 25.9% | 30.1% | 8.0% | +12.6% | 0.28% |
| SHYAMMETL | ₹31,351 cr | 28.0x | 2.7x | 7.8% | 14.2% | 12.9% | +13.7% | 0.36% |
| RATNAMANI | ₹16,345 cr | 37.8x | 4.0x | 11.2% | 15.7% | 16.7% | +0.1% | 0.60% |
| JINDALSAW | ₹14,824 cr | 26.9x | 1.2x | 4.4% | 7.2% | 9.5% | +0.1% | 0.86% |
| USHAMART | ₹14,192 cr | 27.9x | 4.3x | 16.8% | 20.1% | 19.6% | +4.1% | 0.64% |
| GALLANTT | ₹12,989 cr | 31.9x | 3.7x | 12.4% | 14.2% | 13.8% | +3.1% | 0.08% |
| GPIL | ₹11,769 cr | 14.6x | 2.0x | 15.1% | 18.7% | 21.4% | -2.2% | 0.54% |
| JAYNECOIND | ₹8,607 cr | 12.5x | 2.6x | 23.4% | 25.6% | 18.9% | +4.0% | – |
| INDCTST | ₹22 cr | 6.1x | 0.5x | 5.2% | 17.4% | 4.1% | +22.6% | – |
Business segments (2026-06-30)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Bhavnagar | ₹60 cr | 75.4% | ₹6 cr | 9.3% |
| Mumbai | ₹20 cr | 24.6% | ₹0 cr | 1.9% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2013-09-18 | Dividend | Final Dividend Rs 3.5 |
| 2012-09-14 | Dividend | Dividend Rs 3.0 |
| 2011-09-19 | Dividend | Final Dividend Rs 2.5 |
| 2010-09-17 | Dividend | Dividend Rs 2.0 |
| 2009-09-17 | Dividend | Dividend Rs 1.5 |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Iron & Steel Products |
| Sub-industry | Iron & Steel Products |
| Symbol | INDCTST |
| BSE code | 532001 |
| ISIN | INE146H01018 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-24 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-23.