Inducto Steel Ltd Stock Price Today (NSE: INDCTST)

Inducto Steel Ltd

54.90+2.99 (+5.76%)
Market Closed

Fundamental Score

...

Inducto Steel Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Inducto Steel Ltd share price today is 54.90, up +5.76% on NSE/BSE as of 23 June 2026. Inducto Steel Ltd (INDCTST) is a Small-cap company in the Iron & Steel Products sector with a market capitalisation of 20.91 (Cr). The 52-week high for INDCTST share price is 82.30 and the 52-week low is 43.55. The company has a Return on Equity (ROE) of -9.00% and a debt-to-equity ratio of 0.72.

Inducto Steel Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
58.10
Low
44.50
Volume
457.4761904761905
Change
-13.58%

Inducto Steel Ltd share price chart: -13.58% return over the past month. 52-week high ₹82.30, 52-week low ₹43.55.

Inducto Steel Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
55.0055.2554.9054.90200.00 (Cr)
52.0555.7651.9051.911.41K (Cr)
47.5050.9047.5050.7011.00 (Cr)
48.0048.0547.0047.3687.00 (Cr)
49.0049.0047.0048.05147.00 (Cr)
50.9050.9050.9050.90202.00 (Cr)
48.0054.9048.0053.00206.00 (Cr)
49.4955.0048.0050.00319.00 (Cr)
50.5050.5050.5050.50130.00 (Cr)
50.9650.9650.9650.9615.00 (Cr)

Inducto Steel Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
52.0555.7651.9054.90+5.48%
49.0555.0044.5050.70+3.36%
46.1558.1043.5650.00+8.34%
50.0359.4544.9246.15-7.76%
49.1652.1045.9050.03+1.77%
46.9557.8045.0050.16+6.84%
52.0755.8043.5546.03-11.60%
68.0068.0052.0652.06-23.44%
69.9069.9056.2064.80-7.30%
61.2076.1657.6169.90+14.22%
65.0865.0854.7360.00-7.81%
65.7082.3063.8365.08-0.94%

AI Research Briefing

Powered by Gemini · 2026-04-13

Micro-cap Inducto Steel is a high-risk bet on India's steel cycle with brutal liquidity risk and weak financials.

Research Confidence
4.0/10Low
DEBT TRAP TURNAROUNDBreakdown. 1M: -19.66%, 3M: -16.3%, 6M: -32.77%Expensive. P/E is non-existent, while the industry P/E is 22.05x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

No major catalysts found after live search. Recent news includes the closure of the trading window on March 26, 2026. Acuite reaffirmed its rating on short-term bank facilities. The company reported a consolidated net profit of in the December 2025 quarter.

CORE STORY (THE REAL GAME)

Inducto Steel is a micro-cap ship recycling and trading company attempting to ride the cyclical tailwinds of the Indian steel sector. However, its small size and weak financials make it a risky bet.

Why Now
  • Overall India steel demand is increasing
  • Export growth in the steel sector
  • Government support for domestic steel manufacturing
Potential Catalysts
  • Increase in steel prices
  • Significant order wins
  • Debt restructuring
Key Risks
  • Micro/SME cap = liquidity risk
  • Negative ROE and ROCE
  • Weak interest coverage of 0.23x
Institutional Activity

No FII or DII holding. Promoter holding is high at 69.32% but with 43.28% pledged.

Macro Context

India's steel production capacity is projected to reach 300 million tonnes by 2030, but profitability remains under pressure due to fluctuating raw material costs.

Cash Flow Quality

No. Free Cash Flow 5Y: ₹-21.23 Cr

3–6 Month Outlook

Inducto Steel's future hinges on its ability to capitalize on the growing Indian steel market. However, its weak financials and micro-cap status pose significant challenges to long-term sustainability.

Primary Thesis Risk

Inability to service debt due to weak profitability will lead to collapse.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

-9.00%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

-4.89%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

0.76%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Inducto Steel Ltd Valuation Check

Price to Earnings (P/E)

N/A

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

22.05x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

69.32%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Poor

Promoter Pledged %

43.28%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

66.96%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-52.94%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

28.32%

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

0.72x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

0.23x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-21.23 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Inducto Steel Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of INDCTST across key market metrics for learning purposes.

Positive Indicators

3 factors identified

Robust Profit Growth (66.96%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Consistent Growth Track Record (28.32% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Balanced Promoter Holding (69.32%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Risk Factors

8 factors identified

Below-Average Return on Equity (-9.00%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (-4.89%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Margin Pressure Concerns (0.76%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Revenue Contraction (-52.94%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Weak Interest Coverage (0.23x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-21.23 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

High Share Pledging Risk (43.28%)

Observation: Significant promoter share pledging creates potential overhang.

Analysis: High pledging levels may create selling pressure during market downturns.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Inducto Steel Ltd vs Iron & Steel Products Peers

Peer Comparison - Iron & Steel Products

Compare Inducto Steel Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
5.2/100
55
₹20.91
-9.00%
Poor
-4.89%
Poor
0.7
Good
28.32%
Excellent
0.00%
58.2/100
1868
₹48140.62
45.9
Average
18.95%
Good
22.36%
Excellent
0.2
Excellent
25.60%
Excellent
21.78%
Excellent
0.33%
68/100
976
₹22904.25
23.6
Average
8.99%
Poor
12.05%
Average
0.1
Excellent
21.75%
Excellent
28.17%
Excellent
0.55%
68.3/100
1353
₹22738.84
12.8
Average
18.59%
Good
21.24%
Excellent
0.2
Excellent
13.17%
Good
7.02%
Good
0.58%
68/100
2587
₹16673.81
27.5
Average
16.01%
Good
21.51%
Excellent
0.1
Excellent
12.03%
Good
14.94%
Good
0.59%
58.9/100
282
₹16393.58
22.1
Average
17.23%
Good
23.25%
Excellent
0.0
Excellent
36.29%
Excellent
10.43%
Good
0.42%
61.5/100
689
₹14229.55
28.9
Average
15.11%
Good
19.20%
Good
0.2
Excellent
77.96%
Excellent
37.76%
Excellent
0.21%
43.7/100
510
₹12879.99
30.5
Average
15.83%
Good
18.75%
Good
0.1
Excellent
-0.10%
Poor
10.03%
Good
0.71%
42.5/100
246
₹10658.72
7.8
Average
16.31%
Good
19.37%
Good
0.4
Excellent
23.92%
Excellent
12.37%
Good
1.20%
62/100
635
₹7894.79
10.1
Average
12.90%
Average
16.63%
Good
0.0
Excellent
36.46%
Excellent
14.78%
Good
1.70%
38.5/100
105
₹6850.49
18.2
Average
4.86%
Poor
12.59%
Average
0.9
Good
16.22%
Excellent
10.52%
Good
0.00%

Inducto Steel Ltd PE Ratio History

Historical price-to-earnings ratio for INDCTST — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20240.40₹78.51196.3x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Inducto Steel Ltd Quarterly Performance

Latest quarterly metrics for INDCTST — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-52.94%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

66.96%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

28.32%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

Inducto Steel Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for INDCTST — calculated from daily price history

45RSI 14
Neutral — RSI 45

Momentum is balanced — neither overbought nor oversold.

SMA 50
50
▲ Price above SMA 50 — Short-term bullish
SMA 200
56
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
0K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Inducto Steel Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Inducto Steel Ltd (INDCTST) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Inducto Steel Ltd

About INDCTST (Inducto Steel Ltd)

Inducto Steel Ltd is a dynamic player in the iron and steel products sector, focused on the reclamation and repurposing of end-of-life vessels. Situated in the heart of Mumbai, Ind...ia, the company operates as a ship recycling entity, meticulously dismantling aged and decommissioned ships to extract valuable ferrous and non-ferrous metals. This process not only contributes to resource recovery but also provides a crucial source of raw materials for various industries. Inducto Steel distinguishes itself by adhering to environmentally sound practices in its ship breaking operations, striving to minimize its ecological footprint while maximizing resource utilization. The company's strategic location and commitment to responsible recycling position it as a key contributor to the circular economy. Beyond its core ship recycling activities, Inducto Steel actively engages in a diverse range of commercial endeavors that complement its primary business. These activities encompass trading in a variety of essential industrial commodities, including metal scraps that are processed from the dismantled ships as well as procured from third parties. The company's investment activities are strategic and aimed at enhancing operational efficiency and expanding market reach. This diversified approach allows Inducto Steel to mitigate risk and capitalize on emerging opportunities within the broader industrial landscape, bolstering its financial stability and long-term growth prospects. Established in 1988, Inducto Steel Ltd brings decades of experience and expertise to the iron and steel products industry. The company's longevity is a testament to its adaptability and resilience in a constantly evolving market. With a firm foundation built on ethical business practices and a commitment to sustainable resource management, Inducto Steel is well-positioned to continue its trajectory of growth and innovation. The company’s Mumbai headquarters serves as a central hub for its operations, facilitating seamless coordination between its various business segments and ensuring efficient management of its diverse portfolio.

Company Details

Symbol:INDCTST
Industry:Iron & Steel Products
Sector:Iron & Steel Products

Key Leadership

Mr. Rajeev Shantisarup Reniwal B.Com.
Chairman & MD
Ms. Diana Pirzad Palia
Company Secretary & Compliance Officer

Corporate Events

Recent
Ex-Dividend Date

INDCTST Share Price: Frequently Asked Questions

What is the current share price of Inducto Steel Ltd?

Inducto Steel Ltd (INDCTST) trades at ₹54.90 on NSE and BSE. Market cap ₹20.91 (Cr). Educational data only.

What is the P/E ratio of Inducto Steel Ltd?

Inducto Steel Ltd has a P/E of N/Ax vs industry average 22.05x.

What is the Bull Run score for Inducto Steel Ltd?

Inducto Steel Ltd has a Bull Run score of 5.2/100 based on 25+ financial parameters.

Does Inducto Steel Ltd pay dividends?

Inducto Steel Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Inducto Steel Ltd?

Inducto Steel Ltd has ROE of -9.00%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Inducto Steel Ltd?

Inducto Steel Ltd has debt-to-equity of 0.72.

Is Inducto Steel Ltd a good investment?

Bull Run gives Inducto Steel Ltd a score of 5.2/100. This is not investment advice — consult a SEBI-registered advisor.