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Inducto Steels

BSE:532001
Snowflake Description

Flawless balance sheet with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
532001
BSE
₹79M
Market Cap
  1. Home
  2. IN
  3. Commercial Services
Company description

Inducto Steels Limited, a ship recycling company, engages in ship breaking and trading activities in India. The last earnings update was 21 days ago. More info.


Add to Portfolio Compare Print
  • Inducto Steels has significant price volatility in the past 3 months.
532001 Share Price and Events
7 Day Returns
0%
BSE:532001
-0.8%
IN Commercial Services
-0.3%
IN Market
1 Year Returns
22.4%
BSE:532001
-9.4%
IN Commercial Services
5%
IN Market
532001 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Inducto Steels (532001) 0% 11.8% 31.4% 22.4% -21.4% -34.4%
IN Commercial Services -0.8% -1.4% 13.1% -9.4% 10.9% 91.7%
IN Market -0.3% -0.5% 10% 5% 27.8% 27.6%
1 Year Return vs Industry and Market
  • 532001 outperformed the Commercial Services industry which returned -9.4% over the past year.
  • 532001 outperformed the Market in India which returned 5% over the past year.
Price Volatility
532001
Industry
5yr Volatility vs Market

Value

 Is Inducto Steels undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Inducto Steels. This is due to cash flow or dividend data being unavailable. The share price is ₹19.65.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Inducto Steels's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Inducto Steels's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:532001 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in INR ₹0.85
BSE:532001 Share Price ** BSE (2019-11-21) in INR ₹19.65
India Commercial Services Industry PE Ratio Median Figure of 36 Publicly-Listed Commercial Services Companies 14.49x
India Market PE Ratio Median Figure of 2,633 Publicly-Listed Companies 12.96x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Inducto Steels.

BSE:532001 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:532001 Share Price ÷ EPS (both in INR)

= 19.65 ÷ 0.85

23.05x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Inducto Steels is overvalued based on earnings compared to the IN Commercial Services industry average.
  • Inducto Steels is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Inducto Steels's expected growth come at a high price?
Raw Data
BSE:532001 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 23.05x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Commercial Services Industry PEG Ratio Median Figure of 85 Publicly-Listed Commercial Services Companies 1.43x
India Market PEG Ratio Median Figure of 601 Publicly-Listed Companies 1.11x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Inducto Steels, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Inducto Steels's assets?
Raw Data
BSE:532001 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in INR ₹105.98
BSE:532001 Share Price * BSE (2019-11-21) in INR ₹19.65
India Commercial Services Industry PB Ratio Median Figure of 44 Publicly-Listed Commercial Services Companies 1.3x
India Market PB Ratio Median Figure of 3,565 Publicly-Listed Companies 0.86x
BSE:532001 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:532001 Share Price ÷ Book Value per Share (both in INR)

= 19.65 ÷ 105.98

0.19x

* Primary Listing of Inducto Steels.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Inducto Steels is good value based on assets compared to the IN Commercial Services industry average.
X
Value checks
We assess Inducto Steels's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Inducto Steels has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Inducto Steels expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Inducto Steels has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16%
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Inducto Steels expected to grow at an attractive rate?
  • Unable to compare Inducto Steels's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Inducto Steels's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Inducto Steels's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:532001 Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 16%
Asia Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 11.5%
India Market Earnings Growth Rate Market Cap Weighted Average 19.7%
India Market Revenue Growth Rate Market Cap Weighted Average 11.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:532001 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:532001 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-09-30 525 -10 3
2019-06-30 642 -17 4
2019-03-31 758 -24 4
2018-09-30 533 3
2018-06-30 366 15
2018-03-31 208 318 2
2017-12-31 371 -1
2017-09-30 438 0
2017-06-30 338 -13
2017-03-31 230 -523 6
2016-12-31 70 -14

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Inducto Steels is high growth as no earnings estimate data is available.
  • Unable to determine if Inducto Steels is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:532001 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Inducto Steels Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:532001 Past Financials Data
Date (Data in INR Millions) EPS *
2019-09-30 0.85
2019-06-30 0.96
2019-03-31 1.06
2018-09-30 0.71
2018-06-30 3.65
2018-03-31 0.60
2017-12-31 -0.14
2017-09-30 -0.04
2017-06-30 -3.28
2017-03-31 1.48
2016-12-31 -3.51

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Inducto Steels will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Inducto Steels's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Inducto Steels's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. Inducto Steels's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Inducto Steels's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Inducto Steels has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Inducto Steels performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Inducto Steels's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Inducto Steels's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Inducto Steels's 1-year earnings growth exceeds its 5-year average (19.7% vs -25.1%)
  • Inducto Steels's earnings growth has exceeded the IN Commercial Services industry average in the past year (19.7% vs 11.7%).
Earnings and Revenue History
Inducto Steels's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Inducto Steels Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:532001 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 525.00 3.42 54.73
2019-06-30 641.67 3.85 52.08
2019-03-31 758.34 4.27 49.44
2018-09-30 532.53 2.86 4.95
2018-06-30 365.84 14.64 5.15
2018-03-31 207.63 2.41 7.71
2017-12-31 371.31 -0.58 9.89
2017-09-30 437.90 -0.15 11.17
2017-06-30 338.33 -13.19 9.84
2017-03-31 230.28 5.93 6.20
2016-12-31 69.96 -14.09 3.22
2016-09-30 1,208.93 -5.52 1.91
2016-06-30 1,314.49 13.95 3.37
2016-03-31 1,564.88 10.44 4.50
2015-12-31 1,785.23 132.03 -23.49
2015-09-30 2,016.66 43.17 -7.02
2015-06-30 2,189.17 19.41 81.40
2015-03-31 2,091.93 32.43 9.24
2014-12-31 2,919.04 -61.71 -39.01
2014-09-30 1,773.32 40.91 -49.46
2014-06-30 2,720.77 59.49 114.48
2014-03-31 3,573.64 40.47 13.60
2013-12-31 2,959.64 55.18 -1.79
2013-09-30 3,045.97 41.84 11.03
2013-06-30 2,105.90 75.21 10.89
2013-03-31 1,429.79 55.70 10.98
2012-12-31 1,350.73 77.33 12.15

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Inducto Steels has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Inducto Steels used its assets less efficiently than the IN Commercial Services industry average last year based on Return on Assets.
  • It is difficult to establish if Inducto Steels improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Inducto Steels's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Inducto Steels has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Inducto Steels's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Inducto Steels's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Inducto Steels is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Inducto Steels's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Inducto Steels's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Inducto Steels has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Inducto Steels Company Filings, last reported 2 months ago.

BSE:532001 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 417.03 0.00 11.05
2019-06-30 414.02 0.00 3.07
2019-03-31 414.02 0.00 3.07
2018-09-30
2018-06-30 409.71 0.00 2.39
2018-03-31 409.71 0.00 2.39
2017-12-31 410.71 0.00 2.20
2017-09-30 410.71 0.00 2.20
2017-06-30 407.55 0.00 4.90
2017-03-31 407.31 0.00 4.90
2016-12-31 412.89 4.31 6.97
2016-09-30 410.30 4.25 4.24
2016-06-30 422.96 4.24 4.20
2016-03-31 402.37 0.34 5.24
2015-12-31 426.98 0.49 5.67
2015-09-30 415.81 312.25 6.72
2015-06-30 391.93 833.04 7.36
2015-03-31 391.93 2.22 7.36
2014-12-31 294.95 843.74 3.67
2014-09-30 372.64 1,103.69 6.59
2014-06-30
2014-03-31 359.50 839.36 5.96
2013-12-31 356.66 79.63 5.72
2013-09-30 330.47 57.48 1.12
2013-06-30 330.47 57.48 1.12
2013-03-31 319.03 478.03 5.05
2012-12-31
  • Inducto Steels has no debt.
  • Inducto Steels has no debt compared to 5 years ago when it was 296.1%.
  • Inducto Steels has no debt, it does not need to be covered by operating cash flow.
  • Inducto Steels has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Inducto Steels's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Inducto Steels has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Inducto Steels's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Inducto Steels dividends.
If you bought ₹2,000 of Inducto Steels shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Inducto Steels's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Inducto Steels's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:532001 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 0.8%
India Market Average Dividend Yield Market Cap Weighted Average of 1391 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:532001 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2015-02-12 0.000 0.000
2014-11-17 0.000 0.000
2014-08-13 0.000 0.000
2013-09-13 3.500 9.946
2012-08-13 3.000 8.631
2011-09-30 2.500 7.687
2010-09-30 2.000 5.717
2009-06-01 1.500 4.802

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Inducto Steels has not reported any payouts.
  • Unable to verify if Inducto Steels's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Inducto Steels's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Inducto Steels has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Inducto Steels's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Inducto Steels afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Inducto Steels has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Inducto Steels's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rajeev Reniwal
COMPENSATION ₹0
AGE 50
TENURE AS CEO 4.8 years
CEO Bio

Mr. Rajeev Reniwal, B.Com. has been Managing Director of Inducto Steels Limited since March 30, 2015. Mr. Reniwal served as Chief Financial Officer of Hariyana Ship Breakers Limited from March 30, 2015 to March 27, 2018. He serves as the Chairman at Inducto Steels Limited. Mr. Reniwal served as Managing Director at Inducto Steel Ltd. until September 27, 2007. Mr. Reniwal served as a Director of Hariyana Ship Breakers Ltd. He also has experience in ship breaking business since 1992. He also provides guidance for the development of Inducto Steel Ltd. He is a graduate from Mumbai having rich experience in USA.

CEO Compensation
  • Insufficient data for Rajeev to compare compensation growth.
  • Insufficient data for Rajeev to establish whether their remuneration is reasonable compared to companies of similar size in India.
Management Team

Dilip Kaushik

TITLE
Chief Financial Officer
TENURE
1.2 yrs

Rajeev Reniwal

TITLE
Chairman & MD
AGE
50
TENURE
4.8 yrs

Unnati Reniwal

TITLE
Executive Officer
Board of Directors

Rajeev Reniwal

TITLE
Chairman & MD
AGE
50

Yogesh Thakkar

TITLE
Independent & Non Executive Director
AGE
73

Bhushanlal Behl

TITLE
Independent & Non-Executive Director
AGE
84
TENURE
9.7 yrs

Sweety Reniwal

TITLE
Non-Executive Director
AGE
46
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Inducto Steels's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Inducto Steels has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Inducto Steels Limited, a ship recycling company, engages in ship breaking and trading activities in India. The company engages in the dismantling/breaking and recycling of old and used ships. It also trades in metal scrap, coals, aluminum foils, and other industrial inouts. Inducto Steels Limited was incorporated in 1988 and is based in Mumbai, India.

Details
Name: Inducto Steels Limited
532001
Exchange: BSE
Founded: 1988
₹78,939,041
4,017,254
Website: http://www.hariyanagroup.com/green-ship-recycling.html
Address: Inducto Steels Limited
156 Maker Chambers VI,
220 Jamnalal Bajaj Marg,
Mumbai,
Maharashtra, 400021,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 532001 Equity Shares Mumbai Stock Exchange IN INR 22. May 2007
Number of employees
Current staff
Staff numbers
4
Inducto Steels employees.
Industry
Environmental and Facilities Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/05 12:44
End of day share price update: 2019/11/21 00:00
Last earnings filing: 2019/11/14
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.