Overview
Bihar Sponge Iron Limited is an Indo-German venture established in 1982, specializing in sponge iron production.
The company operates a plant in Jharkhand with an annual capacity of 2,10,000 MT, catering to secondary steel producers in construction and infrastructure sectors.
After financial challenges leading to BIFR involvement, the company has revitalized its operations, handing over plant possession to Vanraj Steels for operational management.
The company operates a 5 MW captive power plant and sources additional power from Jharkhand State Electricity Board due to high coal prices, controlling costs.
Recent strategic shifts include collaboration with Vanraj Steels, supporting operational reset and revenue generation.
- Sector
Ferrous Metals
- Industry
Sponge Iron
- Market Cap
117 Cr
- Volatility
Low Risk
- P/E Ratio
10.4
- Industry P/E
26.3
- PEG Ratio
1.3
- P/B Ratio
—
- 52W High
19.65
- 52W Low
9.15
Financial Ratios
Sales CAGR
- 1Y
- 19.79%
- 3Y
- 53.19%
- 5Y
- —
- 10Y
- 176.19%
Profit CAGR
- 1Y
- 39.65%
- 3Y
- 7.93%
- 5Y
- —
- 10Y
- —
ROE
- TTM
- -33.28%
- 3Y
- -18.24%
- 5Y
- -13.06%
- 10Y
- -4.18%
ROCE
- TTM
- 14.43%
- 3Y
- 24.92%
- 5Y
- 46.66%
- 10Y
- -515.39%
Technicals
Oscillators
Neutral
Bearish
3
Neutral
7
Bullish
4
Overall
Bullish
Bearish
14
Neutral
7
Bullish
25
Moving Averages
Bullish
Bearish
11
Neutral
0
Bullish
21
Forecasts
Actions
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