Monind

BSE: MONIND · Iron & Steel Products

52W Range₹21 ₹31

Limited coverage

We are not actively covering this company or have limited coverage today. Click to request coverage.

Snapshot

Unlock Monind's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Monind Limited is an Indian company engaged in the manufacturing of iron and steel products, including sponge iron, steel ingots, and billets. Following a corporate restructuring process, the company focuses on supplying intermediate steel products to the domestic infrastructure and construction sectors.

Business Model

The company generates revenue through the production and sale of intermediate steel products and raw materials. Its operations are supported by manufacturing facilities primarily located in Chhattisgarh, catering to the domestic industrial market.

Management Commentary

Following its insolvency resolution process, the company is under new management and ownership, focusing on stabilizing its operations within the metals and mining sector.

Growth Outlook

Growth is expected to be driven by the company's ability to leverage its restructured operations to meet demand from India's infrastructure and construction segments.

Key Risks

  • Commodity Price Volatility. Fluctuations in the prices of raw materials like iron ore and coal can significantly impact profit margins.
  • Cyclical Industry Demand. The steel sector is highly sensitive to economic cycles and infrastructure spending trends in India.
  • Operational Integration. Post-restructuring, the company faces challenges in maintaining consistent production efficiency and operational stability.
  • Regulatory and Environmental Compliance. Strict environmental regulations in the mining and steel sector may necessitate additional capital expenditure.

Start your research today

Unlock AI insights, financials, peers and live data on Monind and 5,000+ companies — free.

Start your research

Key Metrics

NET PROFIT

₹0.16 Cr

TTM · standalone

+106.7%YoY

EPS

₹0.43

TTM · standalone

+106.6%YoY

RETURN ON EQUITY

-0.6%

TTM · standalone

-2.7 ppYoY

RETURN ON CAPITAL EMPLOYED

-9.1%

TTM · standalone

-9.4 ppYoY

P/E

61.8x

Q1 FY26 · standalone

61.8 vs -1.7x5Y avg

EV/EBITDA

14.9x

Q1 FY26 · standalone

14.9 vs 146.4x5Y avg

DEBT TO EQUITY

0.5x

Q2 FY26 · standalone

+1.01xYoY

Peers · Iron & Steel Products

CompanyMkt CapP/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
MonindMONIND
₹8 Cr51.1614.10-0.6%-9.1%
Panchmahal SteelPANCHMAHQ
₹580 Cr99.7231.765.0%3.9%7.2%+13.9%
Modern MalleableMODMA
₹569 Cr29.4021.16189.2%18.2%11.8%15.1%
Azad India Mobility LimitedAZADIND
₹509 Cr3.3%-1.4%-1.3%-30.1%
SurajSURAJLTD
₹385 Cr46.4419.13-15.2%12.0%6.1%12.6%-32.1%
Shah MetacorpSHAH
₹369 Cr26.7125.4348.8%10.1%5.6%5.4%+12.3%

As of Q1 FY26

Financials