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Bihar Sponge Iron Ltd

BIHSPONG

Bihar Sponge Iron Ltd

BIHSPONG
MaterialsIron & Steel
SmallcapWith a market cap of ₹165 cr, stock is ranked 2,680
High RiskStock is 3.83x as volatile as Nifty
19.732.39% (+0.46)
19.732.39% (+0.46)

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MaterialsIron & Steel
SmallcapWith a market cap of ₹165 cr, stock is ranked 2,680
High RiskStock is 3.83x as volatile as Nifty
Scorecard

Performance

High

The creamy layer - amongst the top performing stocks

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

Avg

Average profitability - not good, not bad

Entry point

Avg

The stock is not in the overbought zone

Red flags

Avg

The stock has a moderate number of red flags

How to use scorecard? Learn more

MaterialsIron & Steel
SmallcapWith a market cap of ₹165 cr, stock is ranked 2,680
High RiskStock is 3.83x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
15.39-2.98
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
31.173.551.31%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Bihar Sponge Iron is engaged in manufacturing and selling of sponge iron.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 100.36%, vs industry avg of 9.86%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0% to 0.04%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue2.354.168.259.056.7924.4594.68465.78292.18340.73
Raw Materialssubtract0.000.000.000.000.0012.7896.71384.72242.98325.72
Power & Fuel Costsubtract0.000.000.000.000.210.272.7914.4210.60
Employee Costsubtract1.761.661.941.771.751.662.422.202.24
Selling & Administrative Expensessubtract0.780.760.740.920.770.896.573.668.39
Operating & Other expensessubtract1.171.000.982.091.591.72-25.1044.2616.28
Depreciation/Amortizationsubtract4.384.354.314.293.292.922.994.254.234.23
Interest & Other Itemssubtract0.130.150.390.090.010.250.030.150.00
Taxes & Other Itemssubtract0.000.000.000.000.000.000.000.000.00
EPS-0.65-0.42-0.01-0.01-0.090.440.921.340.831.20
DPS0.000.000.000.000.000.000.000.000.000.00
Payout ratio0.000.000.000.000.000.000.000.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
MaterialsIron & Steel

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Bihar Sponge Iron Ltd22.24-2.98
JSW Steel Ltd28.043.100.90%
Tata Steel Ltd-42.292.032.39%
Jindal Steel And Power Ltd17.082.270.20%

Price Comparison

Compare BIHSPONG with any stock or ETF
Compare BIHSPONG with any stock or ETF
BIHSPONG
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

High Pledged Promoter Holding

Lower pledged promoter holdings is considered better

A significant proportion of promoter holdings is pledged

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding69.23%0.07%0.00%0.00%30.70%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep0.00%0.00%0.00%0.00%0.00%0.00%

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

BIHSPONG has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

Dividends

Hmm, looks like data is unavailable here. Please come back after some time
News & Opinions
Earnings
Bihar Sponge Iron standalone net profit rises 28.07% in the September 2024 quarter

Net profit of Bihar Sponge Iron rose 28.07% to Rs 1.46 crore in the quarter ended September 2024 as against Rs 1.14 crore during the previous quarter ended September 2023. Sales declined 13.55% to Rs 63.76 crore in the quarter ended September 2024 as against Rs 73.75 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales63.7673.75 -14 OPM %-8.12-5.74 - PBDT2.522.20 15 PBT1.461.14 28 NP1.461.14 28 Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Corporate
Bihar Sponge Iron schedules board meeting

Bihar Sponge Iron will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Bihar Sponge Iron schedules AGM

Bihar Sponge Iron announced that the Annual General Meeting (AGM) of the company will be held on 28 September 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Bihar Sponge Iron schedules AGM

Bihar Sponge Iron announced that the Annual General Meeting (AGM) of the company will be held on 28 September 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
Bihar Sponge Iron standalone net profit rises 442.65% in the June 2024 quarter

Net profit of Bihar Sponge Iron rose 442.65% to Rs 3.69 crore in the quarter ended June 2024 as against Rs 0.68 crore during the previous quarter ended June 2023. Sales rose 114.83% to Rs 103.85 crore in the quarter ended June 2024 as against Rs 48.34 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales103.8548.34 115 OPM %-3.13-9.33 - PBDT4.751.74 173 PBT3.690.68 443 NP3.690.68 443 Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Bihar Sponge Iron to declare Quarterly Result

Bihar Sponge Iron will hold a meeting of the Board of Directors of the Company on 14 August 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live

Bihar Sponge Iron standalone net profit rises 96.00% in the September 2021 quarter

3 years agoBusiness Standard

Bihar Sponge Iron reports standalone net profit of Rs 4.09 crore in the June 2021 quarter

3 years agoBusiness Standard