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National Steel and Agro Industries

NSEI:NATNLSTEEL
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NATNLSTEEL
NSEI
₹131M
Market Cap
  1. Home
  2. IN
  3. Materials
Company description

National Steel and Agro Industries Limited engages in the steel, agriculture, and power businesses primarily in India. The last earnings update was 6 days ago. More info.


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  • National Steel and Agro Industries has significant price volatility in the past 3 months.
NATNLSTEEL Share Price and Events
7 Day Returns
-1.6%
NSEI:NATNLSTEEL
3.4%
IN Metals and Mining
1.3%
IN Market
1 Year Returns
-74.2%
NSEI:NATNLSTEEL
-13.1%
IN Metals and Mining
-1.5%
IN Market
NATNLSTEEL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
National Steel and Agro Industries (NATNLSTEEL) -1.6% -15.5% -38.8% -74.2% -85.1% -86.5%
IN Metals and Mining 3.4% 0.4% -11.3% -13.1% 22.9% -18%
IN Market 1.3% -0.8% -3.7% -1.5% 22.6% 33.9%
1 Year Return vs Industry and Market
  • NATNLSTEEL underperformed the Metals and Mining industry which returned -13.1% over the past year.
  • NATNLSTEEL underperformed the Market in India which returned -1.5% over the past year.
Price Volatility
NATNLSTEEL
Industry
5yr Volatility vs Market
Related Companies

Value

 Is National Steel and Agro Industries undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether National Steel and Agro Industries is trading at an attractive price based on the cash flow it is expected to produce in the future. But as National Steel and Agro Industries has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for National Steel and Agro Industries. This is due to cash flow or dividend data being unavailable. The share price is ₹3.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for National Steel and Agro Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are National Steel and Agro Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:NATNLSTEEL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹-54.03
NSEI:NATNLSTEEL Share Price ** NSEI (2019-07-18) in INR ₹3
India Metals and Mining Industry PE Ratio Median Figure of 138 Publicly-Listed Metals and Mining Companies 9.17x
India Market PE Ratio Median Figure of 2,835 Publicly-Listed Companies 14.68x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of National Steel and Agro Industries.

NSEI:NATNLSTEEL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NSEI:NATNLSTEEL Share Price ÷ EPS (both in INR)

= 3 ÷ -54.03

-0.06x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • National Steel and Agro Industries is loss making, we can't compare its value to the IN Metals and Mining industry average.
  • National Steel and Agro Industries is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does National Steel and Agro Industries's expected growth come at a high price?
Raw Data
NSEI:NATNLSTEEL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.06x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Metals and Mining Industry PEG Ratio Median Figure of 17 Publicly-Listed Metals and Mining Companies 0.41x
India Market PEG Ratio Median Figure of 537 Publicly-Listed Companies 1.3x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for National Steel and Agro Industries, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on National Steel and Agro Industries's assets?
Raw Data
NSEI:NATNLSTEEL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹-169.51
NSEI:NATNLSTEEL Share Price * NSEI (2019-07-18) in INR ₹3
India Metals and Mining Industry PB Ratio Median Figure of 168 Publicly-Listed Metals and Mining Companies 0.97x
India Market PB Ratio Median Figure of 3,670 Publicly-Listed Companies 0.95x
NSEI:NATNLSTEEL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NSEI:NATNLSTEEL Share Price ÷ Book Value per Share (both in INR)

= 3 ÷ -169.51

-0.02x

* Primary Listing of National Steel and Agro Industries.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • National Steel and Agro Industries has negative assets, we can't compare the value of its assets to the IN Metals and Mining industry average.

Next steps:

  1. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through National Steel and Agro Industries's regulatory filings and announcements.
  2. Show me more potentially undervalued companies in the Metals and Mining industry
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess National Steel and Agro Industries's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. National Steel and Agro Industries has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is National Steel and Agro Industries expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as National Steel and Agro Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.1%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is National Steel and Agro Industries expected to grow at an attractive rate?
  • Unable to compare National Steel and Agro Industries's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare National Steel and Agro Industries's earnings growth to the India market average as no estimate data is available.
  • Unable to compare National Steel and Agro Industries's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:NATNLSTEEL Future Growth Rates Data Sources
Data Point Source Value (per year)
India Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 9.1%
India Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 5.8%
India Market Earnings Growth Rate Market Cap Weighted Average 17%
India Market Revenue Growth Rate Market Cap Weighted Average 9.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:NATNLSTEEL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:NATNLSTEEL Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NSEI:NATNLSTEEL Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 10,817 -8,538 -2,404
2018-12-31 19,515 -4,159
2018-09-30 27,838 -2,581
2018-06-30 36,441 -1,910
2018-03-31 42,105 1,319 -1,429
2017-12-31 41,279 234
2017-09-30 40,635 221
2017-06-30 40,137 226
2017-03-31 39,804 1,734 -821
2016-12-31 40,840 317
2016-09-30 39,627 286
2016-06-30 37,836 306

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if National Steel and Agro Industries is high growth as no earnings estimate data is available.
  • Unable to determine if National Steel and Agro Industries is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:NATNLSTEEL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from National Steel and Agro Industries Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:NATNLSTEEL Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NSEI:NATNLSTEEL Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 -54.03
2018-12-31 -93.47
2018-09-30 -58.06
2018-06-30 -42.91
2018-03-31 -32.11
2017-12-31 5.26
2017-09-30 4.98
2017-06-30 4.43
2017-03-31 -18.45
2016-12-31 7.15
2016-09-30 6.43
2016-06-30 6.87

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if National Steel and Agro Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. National Steel and Agro Industries's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  2. National Steel and Agro Industries's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess National Steel and Agro Industries's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
National Steel and Agro Industries has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has National Steel and Agro Industries performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare National Steel and Agro Industries's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • National Steel and Agro Industries does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare National Steel and Agro Industries's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare National Steel and Agro Industries's 1-year growth to the IN Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
National Steel and Agro Industries's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from National Steel and Agro Industries Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:NATNLSTEEL Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 10,817.20 -2,404.41 483.31
2018-12-31 19,515.19 -4,158.72 1,508.14
2018-09-30 27,837.99 -2,581.42 599.84
2018-06-30 36,440.50 -1,910.20 515.50
2018-03-31 42,104.69 -1,428.92 627.24
2017-12-31 41,279.15 234.17 578.94
2017-09-30 40,634.55 221.47 597.64
2017-06-30 40,136.90 226.30 516.20
2017-03-31 39,803.85 -821.16 584.88
2016-12-31 40,840.47 317.45 564.08
2016-09-30 39,626.97 286.25 542.98
2016-06-30 37,835.70 306.30 487.10
2016-03-31 37,503.07 254.95 535.16
2015-12-31 37,620.83 118.36 1,568.67
2015-09-30 38,931.33 184.76 1,556.47
2015-06-30 39,471.23 222.96 1,540.27
2015-03-31 38,838.73 275.76 495.11
2014-12-31 38,547.76 291.27 1,292.91
2014-09-30 37,406.96 286.77 1,281.71
2014-06-30 36,026.10 290.00 390.90
2014-03-31 34,994.26 279.07 1,258.99
2013-12-31 37,286.20 264.17 1,447.46
2013-09-30 34,998.50 255.27 1,454.86
2013-06-30 34,520.50 276.40 374.90
2013-03-31 34,843.50 263.37 1,426.84
2012-12-31 31,409.40 275.15 1,253.49
2012-09-30 30,942.60 247.15 1,225.19

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if National Steel and Agro Industries has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if National Steel and Agro Industries has efficiently used its assets last year compared to the IN Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if National Steel and Agro Industries improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess National Steel and Agro Industries's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
National Steel and Agro Industries has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is National Steel and Agro Industries's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up National Steel and Agro Industries's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • National Steel and Agro Industries's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • National Steel and Agro Industries's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of National Steel and Agro Industries's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • National Steel and Agro Industries has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from National Steel and Agro Industries Company Filings, last reported 3 months ago.

NSEI:NATNLSTEEL Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 -7,543.00 11,655.97 88.26
2018-12-31 -6,172.70 10,747.60 220.70
2018-09-30 -6,172.70 10,747.60 220.70
2018-06-30 -5,143.90 2,483.30 1,045.60
2018-03-31 -5,143.88 2,554.82 68.42
2017-12-31 3,564.50 2,427.20 994.00
2017-09-30 3,564.50 2,427.20 994.00
2017-06-30 4,029.90 1,905.00 944.50
2017-03-31 -3,705.70 2,527.09 174.04
2016-12-31 3,946.90 1,753.30 1,016.60
2016-09-30 3,946.90 1,753.30 1,016.60
2016-06-30 3,850.20 2,253.20 940.90
2016-03-31 3,850.24 2,329.23 963.56
2015-12-31 3,660.70 2,444.50 1,027.80
2015-09-30 3,660.70 2,444.50 1,027.80
2015-06-30 3,595.30 2,820.12 1,146.05
2015-03-31 3,595.30 2,820.12 1,146.05
2014-12-31 3,476.00 2,590.70 940.10
2014-09-30 3,476.00 2,590.70 940.10
2014-06-30 3,332.30 2,848.00 897.10
2014-03-31 3,332.28 3,086.75 903.87
2013-12-31 3,201.90 2,761.90 763.20
2013-09-30 3,201.90 2,761.90 763.20
2013-06-30 3,053.20 2,656.60 937.60
2013-03-31 3,053.21 2,930.85 958.86
2012-12-31 2,946.70 2,850.80 623.20
2012-09-30 2,946.70 2,850.80 623.20
  • National Steel and Agro Industries has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if National Steel and Agro Industries's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • National Steel and Agro Industries has less than a year of cash runway based on current free cash flow.
  • National Steel and Agro Industries has less than a year of cash runway if free cash flow continues to grow at historical rates of 93.9% each year.
X
Financial health checks
We assess National Steel and Agro Industries's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. National Steel and Agro Industries has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is National Steel and Agro Industries's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from National Steel and Agro Industries dividends.
If you bought ₹2,000 of National Steel and Agro Industries shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate National Steel and Agro Industries's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate National Steel and Agro Industries's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:NATNLSTEEL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 3.9%
India Market Average Dividend Yield Market Cap Weighted Average of 1446 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:NATNLSTEEL Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
NSEI:NATNLSTEEL Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-07-12 0.000 0.000
2019-05-31 0.000 0.000
2018-09-06 0.500 8.256
2018-08-24 0.500 4.174
2018-01-22 0.500 2.292
2017-09-04 0.500 1.246

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as National Steel and Agro Industries has not reported any payouts.
  • Unable to verify if National Steel and Agro Industries's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of National Steel and Agro Industries's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as National Steel and Agro Industries has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess National Steel and Agro Industries's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can National Steel and Agro Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. National Steel and Agro Industries has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of National Steel and Agro Industries's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • National Steel and Agro Industries has no CEO, or we have no data on them.
Management Team

Santosh Shahra

TITLE
Executive Chairman
COMPENSATION
₹27M
AGE
72

Manoj Khetan

TITLE
Chief Financial Officer
TENURE
0.7 yrs

Anurag Gangrade

TITLE
Company Secretary & Compliance Officer
TENURE
1.2 yrs
Board of Directors Tenure

Average tenure and age of the National Steel and Agro Industries board of directors in years:

0.2
Average Tenure
61.5
Average Age
  • The average tenure for the National Steel and Agro Industries board of directors is less than 3 years, this suggests a new board.
Board of Directors

Santosh Shahra

TITLE
Executive Chairman
COMPENSATION
₹27M
AGE
72
TENURE
6.2 yrs

Rajesh Nema

TITLE
Non-Executive Independent Director
COMPENSATION
₹111K
AGE
62
TENURE
0.2 yrs

Shrikant Tirpude

TITLE
Nominee Director
COMPENSATION
₹30K
TENURE
2.5 yrs

Ashutosh Upadhyay

TITLE
Non-Executive Independent Director
AGE
61
TENURE
0.2 yrs

Ankita Sethi

TITLE
Independent Women Director
AGE
29
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess National Steel and Agro Industries's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. National Steel and Agro Industries has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Kind Of Shareholder Appears On The National Steel and Agro Industries Limited's (NSE:NATNLSTEEL) Shareholder Register?

If you want to know who really controls National Steel and Agro Industries Limited (NSE:NATNLSTEEL), then you'll have to look at the makeup of its share registry. … View our latest analysis for National Steel and Agro Industries NSEI:NATNLSTEEL Ownership Summary, June 14th 2019 What Does The Lack Of Institutional Ownership Tell Us About National Steel and Agro Industries? … Insider Ownership Of National Steel and Agro Industries The definition of an insider can differ slightly between different countries, but members of the board of directors always count.

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Have Insiders Been Selling National Steel and Agro Industries Limited (NSE:NATNLSTEEL) Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in National Steel and Agro Industries Limited (NSE:NATNLSTEEL). … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … National Steel and Agro Industries Insider Transactions Over The Last Year

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Investors Who Bought National Steel and Agro Industries (NSE:NATNLSTEEL) Shares A Year Ago Are Now Down 83%

We wouldn't blame National Steel and Agro Industries Limited (NSE:NATNLSTEEL) shareholders if they were still in shock after the stock dropped like a lead balloon, down 83% in just one year. … By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … During the last year National Steel and Agro Industries saw its earnings per share drop below zero.

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How Does Investing In National Steel and Agro Industries Limited (NSE:NATNLSTEEL) Impact The Volatility Of Your Portfolio?

If you're interested in National Steel and Agro Industries Limited (NSE:NATNLSTEEL), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

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Do Institutions Own National Steel and Agro Industries Limited (NSE:NATNLSTEEL) Shares?

A look at the shareholders of National Steel and Agro Industries Limited (NSE:NATNLSTEEL) can tell us which group is most powerful. … Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … With a market capitalization of ₹225m, National Steel and Agro Industries is a small cap stock, so it might not be well known by many institutional investors.

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July Fundamental Stock Pick: National Steel and Agro Industries Limited (NSE:NATNLSTEEL)

Attractive stocks have exceptional fundamentals. … In the case of National Steel and Agro Industries Limited (NSE:NATNLSTEEL), there's

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Is It Time To Sell National Steel and Agro Industries Limited (NSE:NATNLSTEEL) Based Off Its PE Ratio?

NATNLSTEEL is priced at a depressed multiple of 3.44x based on its prior year’s earnings,. … But should the inexpensive multiple be the final verdict of NATNLSTEEL’s undervaluation. … Below, I will lay out some important considerations to help determine which multiple best suits

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With An ROE Of 7.31%, Has National Steel and Agro Industries Limited's (NSE:NATNLSTEEL) Management Done Well?

and want to begin learning the link between National Steel and Agro Industries Limited (NSE:NATNLSTEEL)’s return fundamentals and stock market performance. … National Steel and Agro Industries Limited’s (NSE:NATNLSTEEL) most recent return on equity was a substandard 7.31% relative to its industry performance of 11.09% over the past year. … Return on Equity (ROE) is a measure of National Steel and Agro Industries’s profit relative to its shareholders’ equity.

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Is National Steel and Agro Industries Limited's (NSEI:NATNLSTEEL) Balance Sheet Strong Enough To Weather A Storm?

How does NATNLSTEEL’s operating cash flow stack up against its debt? … NATNLSTEEL’s high cash coverage means that, although its debt levels are high, the company is able to utilise its borrowings efficiently in order to generate cash flow. … Its operating cash flow seems adequate to meet obligations which means its debt is being put to good use.

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Company Info

Description

National Steel and Agro Industries Limited engages in the steel, agriculture, and power businesses primarily in India. The company operates through Manufacturing and Trading segments. It provides cold rolled coil, galvanized corrugated Sheets, color coil, and pre-painted profile sheets, etc. under various brands. The company’s steel products are used for construction, household, transport, industrial, and other applications. It also trades in agro commodities, including pulses, beans, and others. The company was founded in 1985 and is based in Mumbai, India.

Details
Name: National Steel and Agro Industries Limited
NATNLSTEEL
Exchange: NSEI
Founded: 1985
₹131,275,000
44,500,000
Website: http://www.nsail.com
Address: National Steel and Agro Industries Limited
621, Tulsiani Chambers,
Nariman Point,
Mumbai,
Maharashtra, 400021,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NSEI NATNLSTEEL Equity Shares National Stock Exchange of India IN INR 26. Sep 2002
BSE 513179 Equity Shares Mumbai Stock Exchange IN INR 26. Sep 2002
Number of employees
Current staff
Staff numbers
337
National Steel and Agro Industries employees.
Industry
Steel
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/18 12:55
End of day share price update: 2019/07/18 00:00
Last estimates confirmation: 2017/05/22
Last earnings filing: 2019/07/12
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.