ISMT Limited

NSE: ISMTLTD · Iron & Steel

Snapshot

Unlock ISMT Limited's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

ISMT Limited is a manufacturer of seamless tubes and engineering steels, serving diverse sectors including oil and gas, automotive, power, and construction. The company operates through two primary segments: Tube and Steel, providing a wide range of carbon, alloy, and stainless steel products.

Business Model

The company generates revenue by manufacturing and supplying specialised steel products and seamless tubes to industrial clients globally. It leverages integrated operations to produce high-value components for critical infrastructure and engineering applications.

Growth Outlook

Growth is driven by sustained demand for seamless tubes in the energy and infrastructure sectors, alongside the expansion of its specialised auto component portfolio. The company continues to focus on export markets to diversify its revenue base.

Key Risks

  • Cyclicality of Steel Industry. The company is highly susceptible to fluctuations in global steel prices and cyclical demand patterns in the industrial and automotive sectors.
  • Raw Material Price Volatility. Significant volatility in the cost of iron ore, scrap, and energy inputs can adversely impact operating margins.
  • Geopolitical and Export Risks. As an exporter, the company faces risks related to international trade barriers, currency fluctuations, and geopolitical instability in key markets.
  • Regulatory and Environmental Compliance. Stringent environmental regulations regarding carbon emissions and industrial waste management may necessitate significant capital expenditure.

Price

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Key Metrics

REVENUE

₹2,566 Cr

TTM · consolidated

-1.9%YoY

NET PROFIT

₹162 Cr

TTM · consolidated

+49.5%YoY

EPS

₹5.39

TTM · consolidated

+49.7%YoY

RETURN ON EQUITY

10.7%

TTM · consolidated

+3.0 ppYoY

RETURN ON CAPITAL EMPLOYED

16.1%

TTM · consolidated

+1.3 ppYoY

EBITDA MARGIN

14.5%

TTM · consolidated

+3.8 ppYoY

NET PROFIT MARGIN

5.0%

Q1 FY25 · consolidated

-1.2 ppYoY

Peers · Iron & Steel

CompanyMkt Cap (Cr)P/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
ISMT LimitedISMTLTD
3,663-1.9%14.5%10.7%16.1%
Vedanta Ltd.VEDL
2,55,87610.673.30-17.8%30.4%57.9%18.7%-42.4%
The Tinplate Company of India LimitedTINPLATE
4,505-12.0%5.4%7.8%10.6%
Tata Steel Long Products LimitedTATASTLLP
3,7400.5%-119.3%4.9%
Tata Metaliks LimitedTATAMETALI
3,5062.6%8.7%7.4%10.6%
Texmaco Infrast.TEXINFRA
1,170132.5376.749.9%109.7%0.9%1.2%+13.6%

As of Q1 FY25

Financials