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What’s Your Call?

Collective community sentiment on Bihar Sponge Iron Ltd

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Buy

33.33%

Hold

33.33%

Sell

33.33%

33.33%

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Option Chain

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News

Media spotlight triggers stock stock attention, sentiment.

  • Bihar Sponge - Intimation Of Revised Policy On Materiality Of Related Party Transaction And Also On Dealing With Related Part

    14 Feb 2025, 1:55PM Policy on materiality of related party transaction and also on dealing with related party transactions
  • Bihar Sponge - Announcement

    14 Feb 2025, 1:52PM Announcement
  • Bihar Sponge - Integrated Filing (Financial)

    14 Feb 2025, 1:41PM Integrated Financial Reporting for the 3rd quarter and nine months ended Dec, 2024
  • Bihar Sponge Q3 net profit jumps 67.26% at Rs 1.89 cr

    14 Feb 2025, 1:40PM The company reported standalone net profit of Rs 1.89 crore for the quarter ended December 31, 2024 as compared to Rs 1.13 crore in the same period la
  • Bihar Sponge - Board Meeting Outcome for Un-Audited Financial Results For The 3Rd Quarter And Nine Months Ended 31St December

    14 Feb 2025, 1:35PM Un-Audited Financial Results for the 3rd quarter and nine months ended 31st December, 2024 and outcome of Board Meeting held on 14th February, 2025.
  • Bihar Sponge - Un-Audited Financial Results For The 3Rd Quarter And Nine Months Ended 31St December, 2024 And Outcome Of Boar

    14 Feb 2025, 1:32PM Un-Audited Financial Results for the 3rd quarter and nine months ended 31st December, 2024.
  • Bihar Sponge - Board Meeting Intimation for Inter-Alia To Consider And Approve The Un-Audited Financial Results For The 3Rd Q

    6 Feb 2025, 12:08PM BIHAR SPONGE IRON LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/02/2025 ,inter alia, to consider a
  • Bihar Sponge has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2024

    14 Jan 2025, 11:40AM As of December 2024, 69.23% is owned by Promoters and 30.77% by Public. <p align=justify> Among Promoters holding, Indian Promoters holds 64.82% and F
  • Bihar Sponge - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    9 Jan 2025, 3:08PM Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018

Key fundamentals

Evaluate the intrinsic value of Bihar Sponge Iron Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 63.1317 72.6135 43.6102 -83.5963 -87.5577
Liabilities 63.1317 72.6135 43.6102 -83.5963 -87.5577
Equity 90.2054 90.2531 90.2531 90.2531 90.2531
Gross Profit -4.1348 23.5247 4.5538 5.2995 -3.4033
Net Profit 7.4448 12.1355 8.2669 3.9614 -0.826
Cash From Operating Activities 19.178 -15.5383 23.3103 9.9293 0.9625
NPM(%) 2.79 2.61 9.56 17.93 0
Revenue 266.651 463.3747 86.4 22.0871 0
Expenses 270.7858 439.85 81.8462 16.7876 3.4033
ROE(%) -7.68 -12.52 -8.53 -4.08 0.85

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day

Peers

Other companies within the same industry or sector that are comparable to Bihar Sponge Iron Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
P S Raj Steels Ltd 141.90 1.65 0.00 0.83 84.41 0.00
Vaswani Industries Ltd 36.98 -1.28 11.93 40.53 28.82 0.00
Kirloskar Ferrous Industries Ltd 452.20 0.00 33.62 221.86 362.03 1.22
Prakash Steelage Ltd 6.75 0.60 3.28 236.42 330.78 0.00

Company Info

The company was incorporated on 16th April 1982. The company is an Indo German venture promoted in the joint sector by Modi Industries Ltd., their friends relatives and associates along with the Bihar state Industrial Development Corporation Ltd., as Indian promoters and Lurgi GmbH of Frankfurt, Federal Republic of Germany and DEG-Cologne, Federal Rederal Republic of Germany as German promoters. The company has set up a project at Chandil, District Singhum in Bihar for the manufacture of sponge Iron. The project cost was estimated at 112 crores. The project implementation was on schedule and trial production of sponge iron commenced on 1st May 1989 and commercial production started on 1st July 1989. The main object of the company is to manufacture Sponge Iron. 2006 -Bihar Sponge Iron Ltd has informed that Mr. Turan Caglayan, Nominee of DEG, one of the promoters of the Company has tendered his resignation from the Board of Directors. 2008 -Bihar Sponge Iron Ltd has appointed Mr. Vijay K Modi as Alternate Director to Dr. W Janke. 2011 -Chandil Power Ltd has become a subsidiary Company of Bihar Sponge Iron Ltd . 2012 -Mr. B. K. Thakur has been appointed as Director- Finance of the Company. 2013 - Mr. Sudhir Kumar, IAS has been appointed as Director of the company. 2014 -Mr. S. K. Gupta has been appointed as the Whole-time Director of the Company designated as Executive Director (works) of the Company.

The company was incorporated on 16th April 1982. The company is an Indo German venture promoted in the joint sector by Modi Industries Ltd., their friends relatives and associates along with the Bihar state Industrial Development Corporation Ltd., as Indian promoters and Lurgi GmbH of Frankfurt, Federal Republic of Germany and DEG-Cologne, Federal Rederal Republic of Germany as German promoters. The company has set up a project at Chandil, District Singhum in Bihar for the manufacture of sponge Iron. The project cost was estimated at 112 crores. The project implementation was on schedule and trial production of sponge iron commenced on 1st May 1989 and commercial production started on 1st July 1989. The main object of the company is to manufacture Sponge Iron. 2006 -Bihar Sponge Iron Ltd has informed that Mr. Turan Caglayan, Nominee of DEG, one of the promoters of the Company has tendered his resignation from the Board of Directors. 2008 -Bihar Sponge Iron Ltd has appointed Mr. Vijay K Modi as Alternate Director to Dr. W Janke. 2011 -Chandil Power Ltd has become a subsidiary Company of Bihar Sponge Iron Ltd . 2012 -Mr. B. K. Thakur has been appointed as Director- Finance of the Company. 2013 - Mr. Sudhir Kumar, IAS has been appointed as Director of the company. 2014 -Mr. S. K. Gupta has been appointed as the Whole-time Director of the Company designated as Executive Director (works) of the Company.

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Parent Organisation

Bihar Sponge Iron Ltd.

Founded

16/04/1982

Managing Director

Mr.Umesh Kumar Modi

NSE Symbol

BIHARSPONGBE

FAQ

The current price of Bihar Sponge Iron Ltd is

The 52-week high for Bihar Sponge Iron Ltd is

The market capitalization of Bihar Sponge Iron Ltd is currently This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Bihar Sponge Iron Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

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The CEO of Bihar Sponge Iron Ltd is Mr.Umesh Kumar Modi, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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