Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
| Review By | Apply | May Apply | Neutral | Avoid | Not Rated |
|---|---|---|---|---|---|
| Count | 0 | 0 | 0 | 0 | 0 |
| % | 0 | 0 | 0 | 0 | 0 |
[Dilip Davda] The company is engaged in the manufacturing and marketing of galvanized pipes, tubes and sheets on a B2B2C segments. While it posted inconsistency in its top and bottom lines from FY21 to FY24, the sudden boost in bottom line for H1-FY24 surprises and raise eyebrows. Based on H1-FY25 annualized super earnings, the issue appears fully priced. It is operating in a highly competitive and fragmented segment. Well-informed investors may park moderate funds for long term. Read detail review...
Newmalayalam Steel Limited peer comparison with similar listed entities. (As on October 14, 2024)
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Newmalayalam Steel Limited | 3.38 | 3.38 | 32.00 | 26.67 | 10.55 | 2.81 | |
| Apollo Pipes Ltd | 26.40 | 26.40 | 103.93 | 59.10 | 15.70 | ||
| Hariom Pipe Industries Limited | 20.40 | 20.40 | 149.72 | 32.80 | 12.24 |
Note:
As certified by statutory auditor P Sankara Kutty, Chartered Accountants pursuant to their certificate dated October 14, 2024.
Source: Annual Report for the financial year 2024.
Newmalayalam Steel IPO Reviews, analysis and views by popular members. Read Newmalayalam Steel Ltd. IPO reviews by retail investors to find recommended ipo to buy.
| Review By | Apply | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Count | 0 | 0 | 0 | 0 |
| % | 0.00 | 0.00 | 0.00 | 0.00 |
| Member | Review |
|---|---|
| No recommendation found. Be the first to post the recommendation. | |
Note:
Useful Articles
RHP