Inducto Steel
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Forensics
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Sept 5 (Reuters) - Inducto Steels Ltd INDS.BO:
INDUCTO STEELS LTD - RAJEEV RENIWAL REAPPOINTED AS MANAGING DIRECTOR
Source text: ID:nBSE5Qhn0K
Further company coverage: INDS.BO
(([email protected];))
Sept 5 (Reuters) - Inducto Steels Ltd INDS.BO:
INDUCTO STEELS LTD - RAJEEV RENIWAL REAPPOINTED AS MANAGING DIRECTOR
Source text: ID:nBSE5Qhn0K
Further company coverage: INDS.BO
(([email protected];))
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What does Inducto Steel do?
Inducto Steel Ltd. specializes in manufacturing Steel Castings and Ingots, along with engaging in Trading and Ship-Breaking segments.
Who are the competitors of Inducto Steel?
Inducto Steel major competitors are Lynx Machine.&Comml., Triliance Polymers, Square Four Projects, MPIL Corporation, Associated Coaters, Future Enter.-B-DVR, Trinity League India. Market Cap of Inducto Steel is ₹21 Crs. While the median market cap of its peers are ₹18 Crs.
Is Inducto Steel financially stable compared to its competitors?
Inducto Steel seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Inducto Steel pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Inducto Steel latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Inducto Steel allocated its funds?
Companies resources are allocated to majorly unproductive assets like Accounts Receivable
How strong is Inducto Steel balance sheet?
Inducto Steel balance sheet is weak and might have solvency issues
Is the profitablity of Inducto Steel improving?
The profit is oscillating. The profit of Inducto Steel is ₹0.53 Crs for TTM, -₹3.72 Crs for Mar 2025 and ₹0.16 Crs for Mar 2024.
Is the debt of Inducto Steel increasing or decreasing?
The net debt of Inducto Steel is decreasing. Latest net debt of Inducto Steel is -₹11.84 Crs as of Mar-26. This is less than Mar-25 when it was ₹15.93 Crs.
Is Inducto Steel stock expensive?
Inducto Steel is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Inducto Steel is 39.2, while 3 year average PE is 24.81. Also latest EV/EBITDA of Inducto Steel is 3.03 while 3yr average is 10.94.
Has the share price of Inducto Steel grown faster than its competition?
Inducto Steel has given better returns compared to its competitors. Inducto Steel has grown at ~-5.01% over the last 2yrs while peers have grown at a median rate of -7.66%
Is the promoter bullish about Inducto Steel?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Inducto Steel is 69.32% and last quarter promoter holding is 69.32%.
Are mutual funds buying/selling Inducto Steel?
There is Insufficient data to gauge this.