Bihar Sponge Iron Ltd
BSE: BIHSPONG · Sponge Iron
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Snapshot
Unlock Bihar Sponge Iron Ltd's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Bihar Sponge Iron Limited is an Indian manufacturer of sponge iron, also known as direct reduced iron. The company operates a production facility in the Seraikela-Kharsawan district of Jharkhand to supply raw materials to secondary steel producers.
Business Model
The company generates revenue through the production and sale of sponge iron, serving as a key raw material supplier for the secondary steel industry. Its operations rely on industrial manufacturing processes established through historical technical collaborations.
Management Commentary
Management has historically navigated significant operational hurdles, including financial constraints and raw material supply chain disruptions. The company remains focused on maintaining its presence within the iron and steel sector despite intermittent production challenges.
Growth Outlook
The company's growth outlook remains constrained by its history of operational halts and financial instability. Future prospects depend on the successful resolution of raw material shortages and the stabilisation of manufacturing output.
Key Risks
- Operational Instability. The company has experienced frequent production halts due to financial constraints and operational challenges.
- Raw Material Supply. Dependence on consistent access to raw materials makes the company vulnerable to supply chain disruptions.
- Financial Viability. Persistent financial constraints pose a significant risk to the company's ability to maintain ongoing operations and capital expenditure.
- Market Competition. The sponge iron sector is highly competitive, and the company faces pressure from larger, more efficient steel producers.
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Peers · Sponge Iron
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Bihar Sponge Iron LtdBIHSPONG | ₹110 Cr | — | — | — | -5.0% | — | — | -9.5% |
KIOCL LimitedKIOCL | ₹23,493 Cr | 594.69 | 272.14 | 27.4% | 12.6% | 2.3% | 2.5% | -5.1% |
S.A.L SteelSALSTEEL | ₹1,088 Cr | 59.65 | 42.80 | -70.2% | 20.1% | 13.4% | 11.4% | +319.2% |
Vraj Iron and Steel LimitedVRAJ | ₹414 Cr | 11.52 | 6.35 | 29.0% | 11.1% | 8.7% | 10.6% | -14.8% |
As of Mar 2026
Financials
Bihar Sponge Iron Ltd
BSE: BIHSPONG · Sponge Iron
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Bihar Sponge Iron Ltd's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Bihar Sponge Iron Limited is an Indian manufacturer of sponge iron, also known as direct reduced iron. The company operates a production facility in the Seraikela-Kharsawan district of Jharkhand to supply raw materials to secondary steel producers.
Business Model
The company generates revenue through the production and sale of sponge iron, serving as a key raw material supplier for the secondary steel industry. Its operations rely on industrial manufacturing processes established through historical technical collaborations.
Management Commentary
Management has historically navigated significant operational hurdles, including financial constraints and raw material supply chain disruptions. The company remains focused on maintaining its presence within the iron and steel sector despite intermittent production challenges.
Growth Outlook
The company's growth outlook remains constrained by its history of operational halts and financial instability. Future prospects depend on the successful resolution of raw material shortages and the stabilisation of manufacturing output.
Key Risks
- Operational Instability. The company has experienced frequent production halts due to financial constraints and operational challenges.
- Raw Material Supply. Dependence on consistent access to raw materials makes the company vulnerable to supply chain disruptions.
- Financial Viability. Persistent financial constraints pose a significant risk to the company's ability to maintain ongoing operations and capital expenditure.
- Market Competition. The sponge iron sector is highly competitive, and the company faces pressure from larger, more efficient steel producers.
Start your research today
Unlock AI insights, financials, peers and live data on Bihar Sponge Iron Ltd and 5,000+ companies — free.
Peers · Sponge Iron
As of Mar 2026