Nova Iron & Steel Limited

Nova Iron & Steel Limitedverified

NOVIS.BO

Price:

$13.55

Market Cap:

$489.69M

Nova Iron & Steel Ltd. engages in the manufacturing and distributing of iron and steel products. Its products include iron ore and sponge iron fines. The firm’s sponge iron is used for producing steel products. The company was founded on May 1, 1989 and is headquartered in New Delhi, India.

Industry

Steel

IPO Date

Stock Exchange

BSE

Ticker

NOVIS.BO

The ROE as of December 2025 (TTM) for Nova Iron & Steel Limited (NOVIS.BO) is -171.25%

According to Nova Iron & Steel Limited’s latest financial reports and current stock price. The company's current ROE is -171.25%. This represents a change of -51.36% compared to the average of -352.06% of the last 4 quarters.

Nova Iron & Steel Limited (NOVIS.BO) Historical ROE (quarterly & annually)

How has NOVIS.BO ROE performed in the past?

The mean historical ROE of Nova Iron & Steel Limited over the last ten years is -95.48%. The current -171.25% ROE has changed 79.35% with respect to the historical average. Over the past ten years (40 quarters), NOVIS.BO's ROE was at its highest in in the September 2021 quarter at 55.08%. The ROE was at its lowest in in the March 2025 quarter at -1397.20%.

Quarterly (TTM)
Annual

Average

-95.48%

Median

8.73%

Minimum

-1316.78%

Maximum

232.12%

Nova Iron & Steel Limited (NOVIS.BO) ROE by Quarter and Year

Discovering the peaks and valleys of Nova Iron & Steel Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 11.16%

Maximum Annual ROE = 232.12%

Minimum Annual Increase = -2282.15%

Minimum Annual ROE = -1316.78%

Quarterly (TTM)
Annual
YearROEChange
2025-1316.78%-2282.15%
202460.34%1.67%
20233.40%-88.34%
202229.21%-18.86%
202136.00%-84.49%
2020232.12%11.16%
20192.06%-73.34%
20187.73%-20.48%
20179.72%-152.14%
2016-18.65%167.57%

Nova Iron & Steel Limited (NOVIS.BO) Average ROE

How has NOVIS.BO ROE performed in the past?

The current ROE of Nova Iron & Steel Limited (NOVIS.BO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-417.68%

5-year avg

-237.57%

10-year avg

-95.48%

Nova Iron & Steel Limited (NOVIS.BO) ROE vs. Peers

How is NOVIS.BO’s ROE compared to its peers?

Nova Iron & Steel Limited’s ROE is less than Metal Coatings (India) Limited (5.33%), less than Chennai Ferrous Industries Limited (8.95%), less than Rathi Bars Limited (2.54%), less than Ashirwad Steels & Industries Limited (2.77%), less than Unison Metals Ltd (11.34%), greater than Kridhan Infra Limited (-24.86%), greater than Tulsyan NEC Limited (-28.28%), less than Ashoka Metcast Limited (6.11%), less than Ashoka Metcast Limited (6.11%), less than Zodiac-JRD-MKJ Limited (1.22%),

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