Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹13.80, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 57% over the past three years. New Risk • Mar 19
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹913.8m (US$9.80m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (9.4% average weekly change). Negative equity (-₹415m). Market cap is less than US$10m (₹913.8m market cap, or US$9.80m). Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to ₹16.03, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 65% over the past three years. New Risk • Feb 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-₹415m). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₹1.32b market cap, or US$14.5m). Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: ₹0.69 (vs ₹0.21 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.69 (up from ₹0.21 in 3Q 2025). Revenue: ₹873.0m (up 64% from 3Q 2025). Net income: ₹62.1m (up 229% from 3Q 2025). Profit margin: 7.1% (up from 3.5% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: ₹0.19 (vs ₹0.16 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.19 (up from ₹0.16 in 2Q 2025). Revenue: ₹710.1m (up 11% from 2Q 2025). Net income: ₹17.5m (up 20% from 2Q 2025). Profit margin: 2.5% (up from 2.3% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Annuncio • Sep 01
Bihar Sponge Iron Limited, Annual General Meeting, Sep 25, 2025 Bihar Sponge Iron Limited, Annual General Meeting, Sep 25, 2025, at 15:30 Indian Standard Time. Reported Earnings • Aug 13
First quarter 2026 earnings released: EPS: ₹0.23 (vs ₹0.41 in 1Q 2025) First quarter 2026 results: EPS: ₹0.23 (down from ₹0.41 in 1Q 2025). Revenue: ₹837.9m (down 19% from 1Q 2025). Net income: ₹21.2m (down 43% from 1Q 2025). Profit margin: 2.5% (down from 3.6% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Aug 02
Bihar Sponge Iron Limited to Report Q1, 2026 Results on Aug 12, 2025 Bihar Sponge Iron Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹18.72, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 108% over the past three years. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹15.05, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 69% over the past three years. Reported Earnings • May 30
Full year 2025 earnings released: EPS: ₹1.15 (vs ₹0.82 in FY 2024) Full year 2025 results: EPS: ₹1.15 (up from ₹0.82 in FY 2024). Revenue: ₹3.49b (up 31% from FY 2024). Net income: ₹103.9m (up 40% from FY 2024). Profit margin: 3.0% (up from 2.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Annuncio • May 19
Bihar Sponge Iron Limited to Report Q4, 2025 Results on May 29, 2025 Bihar Sponge Iron Limited announced that they will report Q4, 2025 results on May 29, 2025 Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹0.21 (vs ₹0.13 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.21 (up from ₹0.13 in 3Q 2024). Revenue: ₹591.3m (down 16% from 3Q 2024). Net income: ₹18.9m (up 67% from 3Q 2024). Profit margin: 3.2% (up from 1.6% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Feb 14
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to ₹12.91. The fair value is estimated to be ₹16.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 6.7%. Annuncio • Feb 07
Bihar Sponge Iron Limited to Report Q3, 2025 Results on Feb 14, 2025 Bihar Sponge Iron Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Buy Or Sell Opportunity • Jan 27
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to ₹14.69. The fair value is estimated to be ₹18.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 6.7%. New Risk • Dec 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Negative equity (-₹506m). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (₹1.82b market cap, or US$21.5m). Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹18.76, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 27x in the Metals and Mining industry in India. Total returns to shareholders of 88% over the past three years. Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹0.16 (vs ₹0.13 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.16 (up from ₹0.13 in 2Q 2024). Revenue: ₹714.6m (down 3.1% from 2Q 2024). Net income: ₹14.6m (up 28% from 2Q 2024). Profit margin: 2.0% (up from 1.5% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Nov 05
Bihar Sponge Iron Limited to Report Q2, 2025 Results on Nov 14, 2024 Bihar Sponge Iron Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Buy Or Sell Opportunity • Oct 14
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 16% to ₹18.95. The fair value is estimated to be ₹15.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last 3 years. Earnings per share has grown by 4.6%. Board Change • Oct 01
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Independent Director Mohi Kumari was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. New Risk • Sep 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Negative equity (-₹557m). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (₹2.08b market cap, or US$24.9m). Annuncio • Sep 06
Bihar Sponge Iron Limited, Annual General Meeting, Sep 28, 2024 Bihar Sponge Iron Limited, Annual General Meeting, Sep 28, 2024, at 15:30 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹24.78, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 27x in the Metals and Mining industry in India. Total returns to shareholders of 135% over the past three years. Annuncio • Aug 26
Bihar Sponge Iron Limited Announces Directorate Resignations Bihar Sponge Iron Limited at its board meeting held on August 26, 2024, approved resignation of Mr. Vijay Kumar Modi, Mrs. Asha Agarwal and Mr. Anirudh Kumar Modi as a Non-Executive Independent Director of the Company effective 27 August, 2024. Reported Earnings • Aug 15
First quarter 2025 earnings released: EPS: ₹0.41 (vs ₹0.08 in 1Q 2024) First quarter 2025 results: EPS: ₹0.41 (up from ₹0.08 in 1Q 2024). Revenue: ₹1.12b (up 131% from 1Q 2024). Net income: ₹36.9m (up 440% from 1Q 2024). Profit margin: 3.3% (up from 1.4% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Aug 06
Bihar Sponge Iron Limited to Report Q1, 2025 Results on Aug 14, 2024 Bihar Sponge Iron Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹16.73, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 26x in the Metals and Mining industry in India. Total returns to shareholders of 64% over the past three years. Reported Earnings • May 29
Full year 2024 earnings released: EPS: ₹0.83 (vs ₹1.35 in FY 2023) Full year 2024 results: EPS: ₹0.83 (down from ₹1.35 in FY 2023). Revenue: ₹2.92b (down 37% from FY 2023). Net income: ₹74.4m (down 39% from FY 2023). Profit margin: 2.5% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • May 19
Bihar Sponge Iron Limited to Report Q4, 2024 Results on May 27, 2024 Bihar Sponge Iron Limited announced that they will report Q4, 2024 results on May 27, 2024 Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹15.16, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 180% over the past three years. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹16.55, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 590% over the past three years. New Risk • Mar 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.6% operating cash flow to total debt). Negative equity (-₹614m). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (₹1.23b market cap, or US$14.7m). Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹17.44, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 902% over the past three years. Annuncio • Feb 12
Bihar Sponge Iron Limited Announces Resignation of Jagdish Chander Chawla as Independent Director, Effective February 15, 2024 Bihar Sponge Iron Limited announced at its meeting held on 10th February, 2024 approved Took note of the resignation of Shri Jagdish Chander Chawla, Independent Director of the Company effective closing of business hours of 15th February, 2024 due to his pre-occupation with other professional activities. Reported Earnings • Feb 12
Third quarter 2024 earnings released: EPS: ₹0.13 (vs ₹0.45 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.13 (down from ₹0.45 in 3Q 2023). Revenue: ₹704.3m (down 35% from 3Q 2023). Net income: ₹11.3m (down 72% from 3Q 2023). Profit margin: 1.6% (down from 3.8% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 129% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹12.04, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 630% over the past three years. Board Change • Jan 06
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Pramod Gupta was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Dec 29
Bihar Sponge Iron Limited Approves the Appointment of Dr. Pramod Kumar Gupta as Non-Executive Independent Director Bihar Sponge Iron Limited approved the appointment of Dr. Pramod Kumar Gupta as a Non- Executive Independent Director of the Company with effect from 27th November, 2023 for the first term of 5 years. Dr. P.K. Gupta, aged 73 years, is a Medical Consultant and Specialist. He has done his M.B.B.S and M.D. from Nagpur University and Pune University respectively. He possesses the relevant rich experience in general management and administration. Annuncio • Oct 31
Bihar Sponge Iron Limited to Report Q2, 2024 Results on Nov 06, 2023 Bihar Sponge Iron Limited announced that they will report Q2, 2024 results on Nov 06, 2023 Board Change • Oct 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Ajay Aggarwal was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹10.09, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 19x in the Metals and Mining industry in India. Total returns to shareholders of 1,429% over the past three years. Annuncio • Sep 07
Bihar Sponge Iron Limited, Annual General Meeting, Sep 29, 2023 Bihar Sponge Iron Limited, Annual General Meeting, Sep 29, 2023, at 16:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended on 31st March, 2023, along with the Report of the Board of Directors and the Auditors thereon; to consider directorate re-appointments; Alteration of Object Clause and Liability Clause of Memorandum of Association; to consider Adoption of new set of Articles of Association; and to consider other matters. Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: ₹0.08 (vs ₹0.06 in 1Q 2023) First quarter 2024 results: EPS: ₹0.08 (up from ₹0.06 in 1Q 2023). Revenue: ₹545.9m (down 51% from 1Q 2023). Net income: ₹6.82m (up 29% from 1Q 2023). Profit margin: 1.2% (up from 0.5% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has increased by 106% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Aug 05
Bihar Sponge Iron Limited to Report Q1, 2024 Results on Aug 11, 2023 Bihar Sponge Iron Limited announced that they will report Q1, 2024 results on Aug 11, 2023 Reported Earnings • May 31
Full year 2023 earnings released: EPS: ₹1.35 (vs ₹0.92 in FY 2022) Full year 2023 results: EPS: ₹1.35 (up from ₹0.92 in FY 2022). Revenue: ₹4.66b (up 439% from FY 2022). Net income: ₹121.4m (up 47% from FY 2022). Profit margin: 2.6% (down from 9.6% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has increased by 161% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • May 19
Bihar Sponge Iron Limited to Report Q4, 2023 Results on May 26, 2023 Bihar Sponge Iron Limited announced that they will report Q4, 2023 results on May 26, 2023 Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: ₹0.45 (vs ₹0.06 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.45 (up from ₹0.06 in 3Q 2022). Revenue: ₹1.08b (up ₹1.02b from 3Q 2022). Net income: ₹40.9m (up ₹35.9m from 3Q 2022). Profit margin: 3.8% (down from 8.5% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has increased by 163% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Feb 07
Bihar Sponge Iron Limited to Report Q3, 2023 Results on Feb 14, 2023 Bihar Sponge Iron Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improved over the past week After last week's 18% share price gain to ₹10.97, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 14x in the Metals and Mining industry in India. Total returns to shareholders of 1,931% over the past three years. Reported Earnings • Nov 20
Second quarter 2023 earnings released: EPS: ₹0.36 (vs ₹0.11 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.36 (up from ₹0.11 in 2Q 2022). Revenue: ₹1.30b (up ₹1.23b from 2Q 2022). Net income: ₹32.1m (up 226% from 2Q 2022). Profit margin: 2.5% (down from 14% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has increased by 168% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Nov 04
Bihar Sponge Iron Limited to Report Q2, 2023 Results on Nov 14, 2022 Bihar Sponge Iron Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Annuncio • Oct 03
Bihar Sponge Iron Limited Announces Executive Changes Bihar Sponge Iron Limited at its Annual General Meeting held on Friday, September 30, 2022 approved the appointment of Mr. Salil Seth, as an Independent Director of the Company by way of Special Resolution and approved appointment of Mr. Aditya Kunmar Modi as a Whole Time Director of the Company. Annuncio • Sep 08
Bihar Sponge Iron Limited, Annual General Meeting, Sep 30, 2022 Bihar Sponge Iron Limited, Annual General Meeting, Sep 30, 2022, at 16:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended on March 31, 2022, the Report of the Board of Directors and the Auditors thereon; to appoint a director in place of Mr. Abhishek Modi (DIN: 00002798), who retires from office by rotation and being eligible, offers himself for re-appointment; to consider and approve re-appointment of Statutory Auditors; to consider Appointment of Shri Anirudh Kumar Modi (DIN: 01751260), as an Independent Director of the Company; and to consider other matters. Annuncio • Jul 26
Bihar Sponge Iron Limited to Report Q1, 2023 Results on Aug 06, 2022 Bihar Sponge Iron Limited announced that they will report Q1, 2023 results on Aug 06, 2022 Annuncio • Jul 20
Bihar Sponge Iron Limited Announces Cessation of Shyam Babu Vyas as Non-Executive Independent Director Bihar Sponge Iron Limited announced that Dr. Shyam Babu Vyas Non-Executive Independent Director of the Company has ceased/vacated his office July 20, 2022. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improved over the past week After last week's 27% share price gain to ₹11.61, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 1,073% over the past three years. Buying Opportunity • May 19
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be ₹11.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 122% over the last 3 years. Earnings per share has grown by 125%. Annuncio • May 17
Bihar Sponge Iron Limited to Report Q4, 2022 Results on May 25, 2022 Bihar Sponge Iron Limited announced that they will report Q4, 2022 results on May 25, 2022 Buying Opportunity • May 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 24%. The fair value is estimated to be ₹12.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 122% over the last 3 years. Earnings per share has grown by 125%. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Additional Non-Executive Independent Director Asha Agarwal was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹9.65, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 972% over the past three years. Annuncio • Feb 13
Bihar Sponge Iron Limited Appoints Sachin as Chief Financial Officer Bihar Sponge Iron Limited informed that the Board of Directors has approved and taken on record the following at its meeting held on 12th February, 2022: Ratified the appointment of Mr. Sachin as Chief Financial Officer of the Company effective from February 1, 2022. Mr. Sachin aged about 44 years is a Commerce Graduate and a qualified Chartered Accountant with over 20 years of diversified and rich experience of working with Steel, Power and Paper Industry. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.06 (down from ₹0.25 in 3Q 2021). Revenue: ₹64.2m (down 36% from 3Q 2021). Net income: ₹5.03m (down 78% from 3Q 2021). Profit margin: 7.8% (down from 23% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 125% per year whereas the company’s share price has increased by 128% per year. Board Change • Feb 11
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Additional Independent Non-Executive Director Vijay Modi was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Feb 05
Bihar Sponge Iron Limited to Report Q3, 2022 Results on Feb 12, 2022 Bihar Sponge Iron Limited announced that they will report Q3, 2022 results on Feb 12, 2022 Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 16% share price gain to ₹12.14, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 14x in the Metals and Mining industry in India. Total returns to shareholders of 1,328% over the past three years. Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improved over the past week After last week's 16% share price gain to ₹9.51, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 11x in the Metals and Mining industry in India. Total returns to shareholders of 1,221% over the past three years. Executive Departure • Sep 23
Independent Non-Executive Director Brajeshwar Garg has left the company On the 14th of September, Brajeshwar Garg's tenure as Independent Non-Executive Director ended after 10.3 years in the role. We don't have any record of a personal shareholding under Brajeshwar's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 1.17 years, which is considered inexperienced in the Simply Wall St Risk Model. Board Change • Sep 14
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Non-Executive Director Shiv Agarwal was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 13
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Non-Executive Director Shiv Agarwal was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 11
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Non-Executive Director Shiv Agarwal was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 08
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Non-Executive Director Shiv Agarwal was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improved over the past week After last week's 20% share price gain to ₹11.91, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 11x in the Metals and Mining industry in India. Total returns to shareholders of 1,167% over the past three years. Board Change • Sep 03
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Non-Executive Director Shiv Agarwal was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Aug 30
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Non-Executive Director Shiv Agarwal was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹8.21, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 14x in the Metals and Mining industry in India. Total returns to shareholders of 682% over the past three years. Executive Departure • Aug 05
Company Secretary & Compliance Officer Himani Mittal has left the company On the 31st of July, Himani Mittal's tenure as Company Secretary & Compliance Officer ended after 2.2 years in the role. We don't have any record of a personal shareholding under Himani's name. A total of 3 executives have left over the last 12 months. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹9.71, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 696% over the past three years. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improved over the past week After last week's 17% share price gain to ₹7.35, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 16x in the Metals and Mining industry in India. Total returns to shareholders of 550% over the past three years. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improved over the past week After last week's 16% share price gain to ₹2.52, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 16x in the Metals and Mining industry in India. Total returns to shareholders of 43% over the past three years. Annuncio • Jan 16
Bihar Sponge Iron Ltd. Announces Madan Lal Has Tendered His Resignation as Independent Director Bihar Sponge Iron Ltd. announced that Mr. Madan Lal has tendered his resignation as Independent Director of the Company with effect from 15 January, 2021. Is New 90 Day High Low • Jan 11
New 90-day high: ₹1.65 The company is up 70% from its price of ₹0.97 on 13 October 2020. The Indian market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 60% over the same period. Is New 90 Day High Low • Dec 14
New 90-day high: ₹1.62 The company is up 224% from its price of ₹0.50 on 15 September 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 25% over the same period. Is New 90 Day High Low • Nov 20
New 90-day high: ₹1.46 The company is up 70% from its price of ₹0.86 on 21 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 5.0% over the same period. Is New 90 Day High Low • Oct 22
New 90-day high: ₹1.08 The company is up 15% from its price of ₹0.94 on 24 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 13% over the same period. Annuncio • Sep 24
Bihar Sponge Iron Limited Announces Executive Appointments Bihar Sponge Iron Limited approved regularization of Mr. Anirudh Kumar Modi as director and appointment of Raj Kumar Sharma as Manager designated him as Senior General Manager, at its AGM held on September 22, 2020. Annuncio • Jun 20
Bihar Sponge Iron Limited to Report Q4, 2020 Results on Jun 29, 2020 Bihar Sponge Iron Limited announced that they will report Q4, 2020 results on Jun 29, 2020