# Nova Iron (NSE: NOVIS) share price, financials and shareholding

Source: https://app.pivotnow.in/stock/NOVIS · Pivot · prices to 22 Oct 2026

With a market capitalisation of ₹45 Cr, it ranks 3133rd by market cap among the 4,183 NSE companies Pivot tracks (a small-cap company by SEBI's rank bands). It belongs to the Metals & Mining sector; its industry is Steel.

Its return on equity was 7.7% in FY18. In Q3 FY26, the quarter ended 31 Dec 2025, revenue was ₹110 Cr (+12.4% year on year) and net profit −₹12 Cr, on a standalone basis. Promoters held 44.16% of the company as of 30 Jun 2026.

## Key numbers

| Metric | Value |
| --- | --- |
| Market cap | ₹45 Cr |
| ROE | 7.7% (FY18) |
| ROCE | 24.0% (FY18) |
| Debt to equity | 8.12 |

## Quarterly results (₹ crore, standalone)

| Quarter | Revenue | Revenue YoY | Net profit | Net profit YoY | EPS (₹) |
| --- | --- | --- | --- | --- | --- |
| Q3 FY26 | ₹110 Cr | +12.4% | −₹12 Cr | — | −₹3.26 |
| Q2 FY26 | ₹108 Cr | +8.7% | −₹1 Cr | — | −₹0.29 |
| Q1 FY26 | ₹113 Cr | −9.7% | ₹2 Cr | −50.8% | ₹0.61 |
| Q4 FY25 | ₹95 Cr | −35.3% | ₹158 Cr | — | ₹43.69 |
| Q3 FY25 | ₹98 Cr | −13.6% | −₹5 Cr | −217.7% | −₹1.31 |
| Q2 FY25 | ₹99 Cr | −18.4% | −₹9 Cr | — | −₹2.45 |
| Q1 FY25 | ₹125 Cr | −31.4% | ₹4 Cr | +146.7% | ₹1.24 |
| Q4 FY24 | ₹146 Cr | −21.3% | −₹68 Cr | −684.1% | −₹18.83 |

## Annual results (₹ crore)

| Fiscal year | Revenue | Net profit |
| --- | --- | --- |
| FY18 | ₹20 Cr | ₹2 Cr |
| FY17 | ₹53 Cr | ₹3 Cr |
| FY16 | ₹16 Cr | −₹4 Cr |

## Shareholding (30 Jun 2026)

- Promoters: 44.16%
- Foreign institutions: 0.00%
- Domestic institutions: 1.32%
- Non-institutions: 54.52%

## Peers

| Company | Price | Market cap | P/E | ROE |
| --- | --- | --- | --- | --- |
| [Sacheta Metals](https://app.pivotnow.in/stock/SACHEMT) | — | ₹48 Cr | — | — |
| [Umiya Tubes](https://app.pivotnow.in/stock/UMIYA) | — | ₹48 Cr | — | — |
| [Sagardeep Alloys](https://app.pivotnow.in/stock/SAGARDEEP) | ₹26.15 | ₹45 Cr | 22.4 | — |
| [Welcast Steels](https://app.pivotnow.in/stock/ZWELCAST) | — | ₹44 Cr | — | — |
| [Dhatre Udyog](https://app.pivotnow.in/stock/DHATRE) | ₹3.91 | ₹43 Cr | — | — |
| [Kanishk Alumini](https://app.pivotnow.in/stock/KANISHK) | — | ₹40 Cr | — | — |

## Questions and answers

### What is the market cap of Nova Iron?

Nova Iron's market capitalisation is ₹45 Cr (₹45 Cr) at the 22 Oct 2026 close, ranking 3133rd among the NSE companies Pivot tracks.

### What is the ROE and ROCE of Nova Iron?

Return on equity was 7.7% in FY18 and return on capital employed was 24.0% in FY18 (consolidated figures).

### Is Nova Iron a debt-free company?

No. Nova Iron's debt-to-equity ratio was 8.12 in FY18, with total debt of ₹0 Cr.

### What were Nova Iron's latest quarterly results?

For Q3 FY26 (quarter ended 31 Dec 2025), Nova Iron reported revenue of ₹110 Cr, +12.4% year on year, and net profit of −₹12 Cr.

### What is the shareholding pattern of Nova Iron?

As of 30 Jun 2026: promoters 44.16%, foreign institutions 0.00%, domestic institutions 1.32%, non-institutions 54.52%.

### Who are Nova Iron's competitors?

The listed Metals & Mining companies closest to Nova Iron by market cap are Sacheta Metals, Umiya Tubes, Sagardeep Alloys, Welcast Steels, Dhatre Udyog and Kanishk Alumini.

### Is Nova Iron a good stock to buy?

Pivot does not give buy or sell recommendations. This page sets out Nova Iron's price history, valuation, profitability, quarterly results and ownership so you can judge it yourself, and Pivot's chart lets you test a strategy on NOVIS against its own history before risking money. This is analysis, not financial advice.

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Sources: NSE end-of-day bars (Pivot's market data store); Company filings via Moneycontrol; Exchange shareholding-pattern filings. This is analysis, not financial advice. Pivot is not a broker or a SEBI-registered investment adviser.