Newmalayalam Steel Ltd

Fri 4/09/2026,15:32:2 | NSE : NMSTEEL

₹23.85-0.05 (-0.21%)

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Market Data

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Open

₹ 23.80

Previous Close

₹ 23.90

Volume

8000

Mkt Cap ( ₹ Cr)

₹ 41.23

High

₹ 24.00

Low

₹ 23.70

52 Week High

₹ 39.15

52 Week Low

₹ 17.40

Book Value Per Share

₹ 49.39

Dividend Yield

₹ 0.00

Face Value

₹₹10.00

What's Your Call?

Collective community sentiment on Newmalayalam Steel Ltd

Your Vote -

Buy

50.00%

Hold

0.00%

Sell

50.00%

50.00%

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Option Chain

Analyzes market sentiment, predicts Newmalayalam Steel Ltd' movement.

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News

Media spotlight triggers stock stock attention, sentiment.

  • Newmalayalam Steel - Shareholders meeting

    4 Sep 2026, 10:06PM Newmalayalam Steel Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2026
  • Newmalayalam Steel - Change in Auditors

    2 Sep 2026, 10:16PM Newmalayalam Steel Limited has informed the Exchange regarding Change in Auditors of the company.
  • Newmalayalam Steel - Outcome of Board Meeting

    2 Sep 2026, 10:12PM Newmalayalam Steel Limited has informed the Exchange regarding Outcome of Board Meeting held on September 02, 2026.
  • Newmalayalam Steel - Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter

    20 Jul 2026, 7:47PM Newmalayalam Steel Limited has informed regarding Submission of the Compliance Report on Corporate Governance for the Quarter ended June 30, 2026 for
  • Newmalayalam Steel - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    15 Jul 2026, 11:23AM Newmalayalam Steel Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Newmalayalam Steel - Disclosure under SEBI Takeover Regulations

    5 Jun 2026, 10:28AM Newmalayalam Steel Limitedÿhas Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Su
  • Newmalayalam Steel - Disclosure under SEBI Takeover Regulations

    5 Jun 2026, 10:19AM Newmalayalam Steel Limitedÿhas Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Su

Key fundamentals

Evaluate the intrinsic value of Newmalayalam Steel Ltd stock 

Name March-26 March-25 March-24
Assets 101.7198 96.6544 99.5829
Liabilities 101.7198 96.6544 99.5829
Equity 17.2876 17.2876 12.6476
Gross Profit 11.6831 6.8854 7.2856
Net Profit 7.0775 4.4098 4.2686
Cash From Operating Activities 3.8517 25.559 -21.3111
NPM(%) 2.21 1.44 1.42
Revenue 319.9301 304.1643 300.1606
Expenses 308.247 297.2789 292.875
ROE(%) 8.28 5.16 4.99

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day

Peers

Other companies within the same industry or sector that are comparable to Newmalayalam Steel Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Steel Strips Infrastructures Ltd 19.55 0.31 0.00 0.00 -39.95 0.00
P S Raj Steels Ltd 83.95 4.94 36.82 0.00 113.84 0.00
Vaswani Industries Ltd 47.01 1.05 0.00 0.00 12.88 0.00
Kirloskar Ferrous Industries Ltd 459.60 1.11 21.98 0.00 614.84 1.31

Company Info

Our Company was incorporated on March 31, 2017 as `NewMalayalam Steel Private Limited', a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation issued by Deputy Registrar of Companies, Registrar of Companies, Central Registration Centre. Further, our Company was converted into a public limited company pursuant to a resolution passed by Board of Directors in their meeting held on December 15, 2023 and by our Shareholders in an Extraordinary General Meeting held on December 19, 2023 and consequently the name of our Company was changed to `NewMalayalam Steel Limited' and a fresh certificate of incorporation dated February 1, 2024 was issued by the Registrar of Companies, Central Processing Centre.Major Events and Milestones:2017- Pursuant to an agreement to sell business undertaking dated August 7, 2017 executed between our Company and M/s. Demac Steel formerly known as Malayalam Steel Tubes, all the assets and liabilities of M/s. Demac Steel were taken over on a going concern basis.2018- Our Company installed an electric resistance welding tube mill of an installed capacity of 3,500 MT in our manufacturing unit.2019- Our Company installed an electric resistance welding tube mill of an installed capacity of 4,000 MT in our manufacturing unit.2022- Our Company installed a solar plant of an installed capacity of 489.77 kWp at Survey No. 262/3-29 in Poyya Village and Kodungallur Taluk; Building No.2/546 of Poyya Panchayath.

Our Company was incorporated on March 31, 2017 as `NewMalayalam Steel Private Limited', a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation issued by Deputy Registrar of Companies, Registrar of Companies, Central Registration Centre. Further, our Company was converted into a public limited company pursuant to a resolution passed by Board of Directors in their meeting held on December 15, 2023 and by our Shareholders in an Extraordinary General Meeting held on December 19, 2023 and consequently the name of our Company was changed to `NewMalayalam Steel Limited' and a fresh certificate of incorporation dated February 1, 2024 was issued by the Registrar of Companies, Central Processing Centre.Major Events and Milestones:2017- Pursuant to an agreement to sell business undertaking dated August 7, 2017 executed between our Company and M/s. Demac Steel formerly known as Malayalam Steel Tubes, all the assets and liabilities of M/s. Demac Steel were taken over on a going concern basis.2018- Our Company installed an electric resistance welding tube mill of an installed capacity of 3,500 MT in our manufacturing unit.2019- Our Company installed an electric resistance welding tube mill of an installed capacity of 4,000 MT in our manufacturing unit.2022- Our Company installed a solar plant of an installed capacity of 489.77 kWp at Survey No. 262/3-29 in Poyya Village and Kodungallur Taluk; Building No.2/546 of Poyya Panchayath.

Parent Organisation

Newmalayalam Steel Ltd.

Founded

31/03/2017

Managing Director

Mr.Vazhappily Davis Varghese

NSE Symbol

NMSTEELSM

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