NewMalayalam Steel

NMSTEEL

Q: How strong is NewMalayalam Steel balance sheet?

Balance sheet of NewMalayalam Steel is strong.But short term working capital might become an issue for this company.

Q: Is the debt of NewMalayalam Steel increasing or decreasing?

Yes, The debt of NewMalayalam Steel is increasing.Latest debt of NewMalayalam Steel is ₹33.59 Crs as of Mar-24.This is greater than Mar-23 when it was ₹14.57 Crs.

Q: Is NewMalayalam Steel stock expensive?

There is insufficient historical data to gauge this.Latest PE of NewMalayalam Steel is 11.77

Price

Micro Cap

₹51 Cr.

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NewMalayalam Steel Ltd. is a leading steel manufacturer in India, specializing in GP (Galvanized Plain) pipes and GI (Galvanized Iron) pipes. The company uses advanced technology to produce high-quality steel products, serving both domestic and international markets.

NewMalayalam Steel Ltd. is a leading steel manufacturer in India, specializing in GP (Galvanized Pl… More

Low

23.35

52W Range

High

90.00

11.99

Sector PE

16.69

P/B

Div.Yield

ROE

10.55%

EBIDTA

ROCE

18.17

EPS

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Forensics

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NMSTEEL
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NMSTEEL
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Recent events

News
Corporate Actions

Newmalayalam Steel Secures Orders Worth 92.4 Million Rupees

Feb 03, 2025

Newmalayalam Steel Gets Order Worth 105.9 Million Rupees

Jan 07, 2025

This data is currently unavailable for this company.

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What does NewMalayalam Steel do?

NewMalayalam Steel is engaged in the business of manufacturing galvanised pipes and tubes that are used for building the roofs to reduce heat and avoid leakage. Owing to the consistent efforts of its Promoters, it has been able to create a brand presence in Kerala, under the name of ‘Demac Steel’. Its products find extensive application in the general households of Kerala.

Who are the competitors of NewMalayalam Steel?

NewMalayalam Steel major competitors are Apollo Pipes, Hariom Pipe Inds., Prakash Pipes, Captain Pipes, Texmo Pipes & Prod.. Market Cap of NewMalayalam Steel is ₹50 Crs. While the median market cap of its peers are ₹1,026 Crs.

Is NewMalayalam Steel financially stable compared to its competitors?

NewMalayalam Steel seems to be less financially stable compared to its competitors. Altman Z score of NewMalayalam Steel is 3.84 and is ranked 5 out of its 6 competitors.

Does NewMalayalam 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. NewMalayalam Steel latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

How has NewMalayalam Steel allocated its funds?

Companies resources are allocated to majorly unproductive assets like Inventory, Accounts Receivable

How strong is NewMalayalam Steel balance sheet?

Balance sheet of NewMalayalam Steel is strong. But short term working capital might become an issue for this company.

Is the profitablity of NewMalayalam Steel improving?

No, profit is decreasing. The profit of NewMalayalam Steel is ₹4.27 Crs for Mar 2024, ₹6 Crs for Mar 2023 and ₹6.73 Crs for Mar 2022

Is the debt of NewMalayalam Steel increasing or decreasing?

Yes, The debt of NewMalayalam Steel is increasing. Latest debt of NewMalayalam Steel is ₹33.59 Crs as of Mar-24. This is greater than Mar-23 when it was ₹14.57 Crs.

Is NewMalayalam Steel stock expensive?

There is insufficient historical data to gauge this. Latest PE of NewMalayalam Steel is 11.77

Has the share price of NewMalayalam Steel grown faster than its competition?

There is not enough historical data for the companies share price.

Is the promoter bullish about NewMalayalam Steel?

There is Insufficient data to gauge this.

Are mutual funds buying/selling NewMalayalam Steel?

There is Insufficient data to gauge this.

NMSTEEL

Share Price

Financials

Revenue mix

Shareholdings

Peers

Forensics

Summary

Profit & Loss

Balance sheet

Cashflow

Product wise

Location wise

Recent events

News

Corporate Actions

Newmalayalam Steel Secures Orders Worth 92.4 Million Rupees

Newmalayalam Steel Gets Order Worth 105.9 Million Rupees

More Micro Cap Ideas

Promoter Buying

Capex

Superstar Investor

Popular questions

Business

Financials

Share Price

Shareholdings

What does NewMalayalam Steel do?

Who are the competitors of NewMalayalam Steel?

Is NewMalayalam Steel financially stable compared to its competitors?

Does NewMalayalam Steel pay decent dividends?

How has NewMalayalam Steel allocated its funds?

How strong is NewMalayalam Steel balance sheet?

Is the profitablity of NewMalayalam Steel improving?

Is the debt of NewMalayalam Steel increasing or decreasing?

Is NewMalayalam Steel stock expensive?

Has the share price of NewMalayalam Steel grown faster than its competition?

Is the promoter bullish about NewMalayalam Steel?

Are mutual funds buying/selling NewMalayalam Steel?