Bihar Sponge Iron Limited

Company Profile

Bihar Sponge Iron Limited had its IPO on under the ticker symbol 500058.

The company operates in the Other sector and Other industry. Bihar Sponge Iron Limited has a staff strength of 238 employees.

Stock update

Shares of Bihar Sponge Iron Limited opened at ₹9.14 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹8.8 - ₹9.14, and closed at ₹8.84.

This is a -2% slip from the previous day's closing price.

A total volume of 19,137 shares were traded at the close of the day’s session.

In the last one week, shares of Bihar Sponge Iron Limited have increased by +0.23%.

Bihar Sponge Iron Limited's Key Ratios

Bihar Sponge Iron Limited has a market cap of ₹93.81 million, indicating a price to book ratio of 0 and a price to sales ratio of 3.7452.

In the last 12-months Bihar Sponge Iron Limited’s revenue was ₹23.93 million with a gross profit of ₹-468000 and an EBITDA of ₹0. The EBITDA ratio measures Bihar Sponge Iron Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Bihar Sponge Iron Limited’s operating margin was -268.69% while its return on assets stood at -6.72% with a return of equity of 0%.

In Q3, Bihar Sponge Iron Limited’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

Bihar Sponge Iron Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

3.9193

PEG

Its diluted EPS in the last 12-months stands at ₹-0.087 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Bihar Sponge Iron Limited’s profitability.

Bihar Sponge Iron Limited stock is trading at a EV to sales ratio of 2.7959 and a EV to EBITDA ratio of 5.6209. Its price to sales ratio in the trailing 12-months stood at 3.7452.

Bihar Sponge Iron Limited stock pays annual dividends of ₹ per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

₹1.64 billion

Total Liabilities

₹1.30 billion

Operating Cash Flow

₹-17783000.00

Capital Expenditure

₹17.89 million

Dividend Payout Ratio

0%

Bihar Sponge Iron Limited ended 2024 with ₹1.64 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹1.64 billion while shareholder equity stood at ₹-631939000.00.

Bihar Sponge Iron Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹1.30 billion in other current liabilities, 902531000.00 in common stock, ₹-1534470000.00 in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹7.43 million and cash and short-term investments were ₹31.14 million. The company’s total short-term debt was ₹0 while long-term debt stood at ₹870.96 million.

Bihar Sponge Iron Limited’s total current assets stands at ₹999.09 million while long-term investments were ₹0 and short-term investments were ₹23.71 million. Its net receivables were ₹17000.00 compared to accounts payable of ₹0 and inventory worth ₹641.64 million.

In 2024, Bihar Sponge Iron Limited's operating cash flow was ₹-17783000.00 while its capital expenditure stood at ₹17.89 million.

Comparatively, Bihar Sponge Iron Limited paid ₹0 in dividends in 2024.

Other key metrics

Current Trading Price

₹8.84

52-Week High

₹11.79

52-Week Low

₹7.71

Analyst Target Price

₹

Bihar Sponge Iron Limited stock is currently trading at ₹8.84 per share. It touched a 52-week high of ₹11.79 and a 52-week low of ₹11.79. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹8.88 and 200-day moving average was ₹9.29 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 6960.7% of the company’s stock are held by insiders while 0% are held by institutions.