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Narayani Steels Ltd

Company details

81.80
81.80
6.95
85.25
6M Return 0.00%
1Y Return 559.15%
Mkt Cap.(Cr) 89.12
Volume 4,891
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 4,891

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FINANCIALS

Sales

Operating Profit

Profit after Tax

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after Tax

PE

Debt/Equity

P BV

COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 24.59 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 17,871.26 -28,732.63
LAST 3M 35,065.84 -30,146.79
LAST 6M 57,360.50 38,576.46
LAST 12M 186,944.70 -113,961.48

INFORMATION

Stock PE (TTM)

16.53

Promoter Holding

90.01%

Book Value

47.7321

ROCE

0.49%

ROE

6.3%

Description

  • Narayani Steels Limited is an integrated manufacturer of diverse range of iron & steel products with its manufacturing facilities located at Vizianagaram, Andhra Pradesh. The Company was incorporated on 13th November, 1996 in India under the Companies Act, 1956. The Company is principally engaged in the business of manufacture and sale of TMT (Thermo-Mechanical Treatment) bars, Rounds, Squares, Angles, etc. and trading of Billets, Blooms, Ingots, Iron ores, etc. Narayani TMT is India`s leading ISO certified Company in the metal sector with core business of steel & coal trading of hot rolled steel products including BIS Standard - ISI marked Narayani TMT re-bar of FE 500 grade quality at par with major steel producers in the country. The Company provides logistic, infrastructure and supply chain management services. A huge steel stock yard of 1,00,000 sq. feet with all infrastructure is being maintained to ensure regular supply. The products include TMT Rebars, Mild Steel Rounds, Mild Steel Square, Mild Steel Flat Bars, and Mild Steel Angles. The TMT involves rapid quenching of hot bars at specific temperature with controlled pressure and travel ratio through water jacket after finishing stand as per the diameter of the bar from 8mm-32mm. The product mixing procedure of the Company includes the most advanced and latest technology thereby producing high-strength TMT bars. Modern methods like quenching and tempering have contributed to the production of these high strength re-bars. The bars produced with the technology involved have a better toughness factor and ductility. It strives to make the bar not compromising on strength and durability and give infrastructure a longer life. The usage of such quality bars is essential to meet the requirement of high yield strength without compromising on the elongation properties. The bars have a great bond strength thereby ensuring an excellent bonding between the concrete and bar. The bar is highly economical as it led to the saving of upto 17% in cost over other rebars in the market. The other features include, bendability, weldability and sesimic resistance which provides obvious advantages in their respective areas. The TMT Bar comes in the grades and sections like Fe 500 and Fe 500D. These reinforcements bars are manufactured under the certification mark of BIS as per the globally recognized IS: 1786 standard. It gives an advantage in comparison to MS or CTD (Cold Twisted Deformed) bars. The carbon level is controlled much lower to BIS specifications, which allows excellent ductility, high bendability and superior weldability. The production facilities of the Company have incorporated the latest machinery and technology. The rolling mill consists of a coal-fired-re heating furnace with a capacity of 40 M.T. per hour. The furnace is equipped with PLC based combustion system to ensure uniform heating of the billets. The mill is equipped with a rake type cooling bed to handle bars efficiently coming out at high speed of 20 meters per second. The unique bar handling feature is capable of lifting and packing the bar automatically, resulting in uniform number of bars per bundle. Quality is the hallmark of Narayani TMT in line with the Company`s Quality Policy of sustaining and enhancing the level of customer satisfaction by producing quality products at optimum price vis-a-vis prompt delivery. The quality of company`s product is characterized by utmost strength uniformity in the section weight with perfect shape and enhanced bonding and superior bend ability. The Quality Assurance Process ensures quality checks are done at each stage of production process,starting from raw materials procurement to dispatch of finished products. The finished products of the company are subjected to stringent quality checks such as chemical analysis, mechanical testing, surface inspections, dimension and metallographic investigation. The Quality Assurance Department is equipped with ultra modern facilities viz., spectrometer, Universal Testing Machine (UTM), Microscopic Laboratory etc. Each Narayani TMT Rebar is thoroughly tested and then dispatched to give 100% satisfaction to all end users.

Registered Address

23A N S Road 7th Floor, Room 31, Kolkata, West Bengal, 700001

Tel : 91-33-46025371
Email : info:narayanisteels.com
Website : http://www.narayanisteels.com

Registrar

Bigshare Services Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 540080
NSE Code :
Book Closure Date (Month) : Sep
BSE Group : T
ISIN : INE715T01023

ICICIdirect Narayani Steels Ltd FAQ

You can buy Narayani Steels Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Narayani Steels Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Feb 03, 2023 04:01 PM the closing price of Narayani Steels Ltd was ₹ 81.80.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Feb 03, 2023 04:01 PM, the market cap of Narayani Steels Ltd stood at ₹ 89.12.
The latest PE ratio of Narayani Steels Ltd as of Feb 03, 2023 04:01 PM is 16.53
The latest PB ratio of Narayani Steels Ltd as of Feb 03, 2023 04:01 PM is 0.58
The 52-week high of Narayani Steels Ltd is ₹ 85.25 while the 52-week low is ₹ 6.95

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