Bihar Sponge Iron - 2026 Company Profile, Team

About Bihar Sponge Iron

Bihar Sponge Iron is a publicly listed company based in Jamshedpur (India) founded in 1989. It operates as a manufacturer of sponge iron. The company has 183 employees. Its Indian entity Bihar Sponge Iron Limited reported revenue of ₹349 Cr. Bihar Sponge Iron offers products and services including Sponge Iron and Captive Power. Its focus areas include Chemicals and Materials and Metals and Alloys.

Company details

Bihar Sponge Iron was founded in 1989 and is based in Jamshedpur, India. Operations are centered on the manufacturing of sponge iron, a key raw material in the iron and steel sector. Production processes are managed to support downstream steel industries, with activities confined to the Indian market. The companys online presence is maintained through the domain bsil.org.in, reflecting its established role in regional metallurgy.

Headquarters Jamshedpur, India
Employees 183
Stage Public
Sectors
Industrial Goods & Manufacturing
Email
••••••••
Phone
•••• ••••
Website bsil.org.in
Legal Name Bihar Sponge Iron Limited

Operational Areas

Industrial Goods & Manufacturing → Metals & Minerals

Key Metrics

Market Cap
₹108 Cr
BIHSPONG · BSE
Share Price
₹12.15
-0.82% today
Revenue
₹245 Cr
FY 2025-26 · -23.2% YoY
EBITDA
−₹12.32 Cr
Margin -5.0%
Net Profit
₹11.47 Cr
FY 2025-26 · +57.3% YoY
P/E (TTM)
9.5x
P/B -
ROE
9.9%
ROCE 4.9%
Employee Count
183

Associated legal entities of Bihar Sponge Iron

Bihar Sponge Iron operates through Bihar Sponge Iron Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.

Legal entity	Status	Incorporated	Registered in	Revenue (FY 2025)	Employees	Directors	Company page
Bihar Sponge Iron Limited Listed CIN L27106JH1982PLC001633	Active	16 Apr 1982	Kharsawan, Jharkhand	₹349 Cr	30	13	View details

Products & Services of Bihar Sponge Iron

Bihar Sponge Iron offers a comprehensive portfolio of products and services, including Sponge Iron and Captive Power.

Sponge Iron

Metals

Sponge iron is manufactured as a raw material for steel production, substituting scrap in electric arc and induction furnaces.

Captive Power

Energy Services

A 5 M.W. captive power plant is operated to support the company's industrial activities.

Board of directors of Bihar Sponge Iron Limited (Bihar Sponge Iron)

Bihar Sponge Iron Limited is the primary company behind Bihar Sponge Iron. The board of Bihar Sponge Iron Limited currently have 11 directors; the longest-serving is Umesh Kumar Modi, appointed in 1982. 41 earlier directors have ceased.

Director	Designation	Appointed	Tenure	Entity
Umesh Kumar Modi DIN 00002757	Director	16 Apr 1982	44 yrs 6 mo	Bihar Sponge Iron Limited
Abhishek Modi DIN 00002798	Director	14 Feb 2001	25 yrs 8 mo	Bihar Sponge Iron Limited
Jayesh Modi DIN 02849637	Director	18 Jun 2010	16 yrs 4 mo	Bihar Sponge Iron Limited
Kumkum Modi DIN 00522904	Director	04 Jun 2011	15 yrs 4 mo	Bihar Sponge Iron Limited
Aditya Kumar Modi DIN 09303804	Whole-time director	16 Nov 2021	4 yrs 11 mo	Bihar Sponge Iron Limited
Salil Seth DIN 09697511	Director	16 Aug 2022	4 yrs 2 mo	Bihar Sponge Iron Limited
Ajay Kumar Aggarwal DIN 00632288	Director	01 Sep 2023	3 yrs 1 mo	Bihar Sponge Iron Limited
Pramod Kumar Gupta DIN 10337571	Director	27 Nov 2023	2 yrs 10 mo	Bihar Sponge Iron Limited
Mohi Kumari DIN 09696682	Director	16 Sep 2024	2 yrs 1 mo	Bihar Sponge Iron Limited
Rohit Chawdhary DIN 10751087	Director	16 Sep 2024	2 yrs 1 mo	Bihar Sponge Iron Limited
Adhish Sharma DIN 10751609	Director	16 Sep 2024	2 yrs 1 mo	Bihar Sponge Iron Limited

IPO & Listings of Bihar Sponge Iron

Bihar Sponge Iron is a publicly listed company on the BSE with ticker symbol BIHSPONG in India, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

IPO date12 Feb 2001
Listed onBSE: 500058
Listed entityBihar Sponge Iron Limited
Exchange sectorNon-energy minerals
ISININE819C01011
Share price₹12.14 (+2.79% on the day) · 2026-10-14
Market capitalisation₹107 Cr
Price to earnings9.4
EPS (diluted, trailing year)₹1.30
Volume (last session)6,259

Financials of Bihar Sponge Iron

Exchange-reported figures of Bihar Sponge Iron Limited, the listed company behind Bihar Sponge Iron (BSE: BIHSPONG).

Financial Highlights

FY 2025-26 · Standalone

Revenue

₹245 Cr

-23.2% YoY

EBITDA

−₹12.32 Cr

+20.4% YoY

Profit After Tax

₹11.47 Cr

+57.3% YoY

Net Worth

−₹34.01 Cr

+25.0% YoY

Total Assets

₹78.59 Cr

+5.4% YoY

Total Debt

₹112 Cr

+1.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Income statement
Revenue	245	319	267	463	86.40	22.09	0.00
Revenue growth	-23.2%	+19.8%	-42.5%	+436.3%	+291.1%	-	-
EBITDA	(12.32)	(15.47)	(13.82)	14.11	3.02	4.77	(4.32)
EBITDA margin	-5.0%	-4.8%	-5.2%	+3.1%	+3.5%	+21.6%	-
Profit before tax	11.31	10.41	7.46	12.12	8.28	3.96	(0.83)
Net profit	11.47	7.29	7.45	11.89	5.58	4.34	(0.84)
Net profit margin	+4.7%	+2.3%	+2.8%	+2.6%	+6.5%	+19.7%	-
EPS (₹)	1.26	1.15	0.83	1.35	0.92	0.44	(0.09)
Balance sheet
Total assets	78.59	74.57	73.33	82.85	52.52	46.70	8.71
Net worth	(34.01)	(45.35)	(55.74)	(63.19)	(75.33)	(83.60)	(87.56)
Total debt	112	110	119	136	119	121	93.16
Cash & bank	2.84	2.39	3.51	2.88	3.47	0.98	0.60
Net working capital	32.92	15.73	11.11	18.47	(12.52)	(1.52)	(42.38)
Cash flow
Cash from operations	(2.86)	8.24	19.18	(15.54)	23.31	9.93	0.96
Cash from investing	1.54	(0.42)	(1.62)	(1.78)	(18.46)	(0.05)	0.00
Cash from financing	1.76	(8.94)	(16.93)	16.72	(2.36)	(9.50)	(1.40)

Particulars	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024
Revenue	0.00	16.92	87.30	63.76	77.50	98.49	53.30	63.76
Revenue growth (YoY)	-100.0%	-82.8%	+63.8%	0.0%	-25.4%	-	-	-
Other income	6.39	5.56	8.37	7.25	6.29	8.38	5.83	7.70
Total expenses	3.14	20.43	88.45	68.25	80.67	103	56.18	68.94
EBITDA	(3.14)	(3.51)	(1.15)	(4.49)	(3.17)	(4.17)	(2.88)	(5.18)
EBITDA margin	-	-20.7%	-1.3%	-7.0%	-4.1%	-4.2%	-5.4%	-8.1%
Depreciation	0.77	0.79	1.01	1.01	1.01	0.85	1.06	1.06
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	2.48	1.26	6.21	1.75	2.11	3.36	1.89	1.46
Tax	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 20 Oct 2026

Particulars	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024
Revenue	0.00	16.92	87.30	63.76	77.50	98.49	53.30	63.76
Revenue growth (YoY)	-100.0%	-82.8%	+63.8%	0.0%	-25.4%	-	-	-
Other income	6.39	5.56	8.37	7.25	6.29	8.38	5.83	7.70
Total expenses	3.14	20.43	88.45	68.25	80.67	103	56.18	68.94
EBITDA	(3.14)	(3.51)	(1.15)	(4.49)	(3.17)	(4.17)	(2.88)	(5.18)
EBITDA margin	-	-20.7%	-1.3%	-7.0%	-4.1%	-4.2%	-5.4%	-8.1%
Depreciation	0.77	0.79	1.01	1.01	1.01	0.85	1.06	1.06
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	2.48	1.26	6.21	1.75	2.11	3.36	1.89	1.46
Tax	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Revenue	245	319	267	463	86.40	22.09	0.00
Revenue growth	-23.2%	+19.8%	-42.5%	+436.3%	+291.1%	-	-
Other income	27.47	29.91	25.52	2.41	8.28	2.36	6.79
Total expenses	258	335	280	449	83.38	17.32	4.32
Employee cost	2.20	2.20	1.96	2.20	2.42	1.66	1.75
EBITDA	(12.32)	(15.47)	(13.82)	14.11	3.02	4.77	(4.32)
EBITDA margin	-5.0%	-4.8%	-5.2%	+3.1%	+3.5%	+21.6%	-
Depreciation	3.82	4.03	4.23	4.25	2.99	2.92	3.29
Interest	0.02	0.00	0.01	0.15	0.03	0.25	0.01
Profit before tax	11.31	10.41	7.46	12.12	8.28	3.96	(0.83)
Tax	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net profit	11.47	7.29	7.45	11.89	5.58	4.34	(0.84)
Net profit margin	+4.7%	+2.3%	+2.8%	+2.6%	+6.5%	+19.7%	-
EPS (₹)	1.26	1.15	0.83	1.35	0.92	0.44	(0.09)

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Equity & liabilities
Share capital	90.21	90.21	90.21	90.21	90.25	90.25	90.25
Reserves & surplus	(124)	(136)	(146)	(153)	(166)	(174)	(178)
Shareholders' funds (net worth)	(34.01)	(45.35)	(55.74)	(63.19)	(75.33)	(83.60)	(87.56)
Secured loans	0.00	0.00	6.25	21.25	32.50	32.50	32.50
Unsecured loans	112	110	113	115	86.44	88.77	60.66
Total debt	112	110	119	136	119	121	93.16
Total liabilities	78.59	74.57	73.33	82.85	52.52	46.70	8.71
Assets
Gross block	289	318	321	321	321	314	314
Net block	42.45	49.53	53.30	57.30	61.37	41.73	44.61
Capital work in progress	0.16	4.64	3.11	1.61	0.00	2.82	2.82
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventories	4.02	41.00	88.02	64.16	42.47	2.96	3.66
Sundry debtors	35.67	12.05	0.00	0.00	0.00	2.44	0.56
Cash & bank balances	2.84	2.39	3.51	2.88	3.47	0.98	0.60
Loans & advances	4.08	17.59	28.33	32.87	32.17	10.03	2.23
Total current assets	46.61	73.03	120	99.91	78.11	16.41	7.05
Total current liabilities	13.69	57.30	109	81.44	90.63	17.93	49.43
Net working capital	32.92	15.73	11.11	18.47	(12.52)	(1.52)	(42.38)
Total assets	78.59	74.57	73.33	82.85	52.52	46.70	8.71

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Opening cash	0.23	1.35	0.72	3.47	0.98	0.60	1.04
Net cash from operating activities	(2.86)	8.24	19.18	(15.54)	23.31	9.93	0.96
Net cash from investing activities	1.54	(0.42)	(1.62)	(1.78)	(18.46)	(0.05)	0.00
Net cash from financing activities	1.76	(8.94)	(16.93)	16.72	(2.36)	(9.50)	(1.40)
Net change in cash	0.44	(1.12)	0.63	(0.59)	2.49	0.38	(0.43)
Closing cash	2.84	2.39	3.51	2.88	3.47	0.98	0.60

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Growth
Sales growth	-23.2%	+19.8%	-42.5%	+436.3%	+291.1%	-	-
EBITDA growth	+20.4%	-11.9%	-197.9%	+367.2%	-36.7%	+210.4%	-
PBT growth	+8.7%	+39.5%	-38.5%	+46.4%	+109.1%	+9998.0%	-591.7%
Net income growth	+57.3%	-2.2%	-37.3%	+113.1%	+28.6%	+616.7%	-
Revenue CAGR (3Y)	-19.1%	+54.6%	+129.4%	-	-	-	-
EBITDA CAGR (3Y)	-	-	-	-	-	-	+8.1%
Profitability & leverage
Net income margin	+4.6%	+3.3%	+2.8%	+2.6%	+9.6%	+17.9%	-
Return on capital employed	+4.9%	+3.1%	+3.0%	+4.9%	+2.3%	+4.0%	0.0%
Return on net worth	+9.9%	+6.4%	+6.5%	+10.7%	+4.9%	-54.0%	0.0%
Debt / equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-term debt / equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest cover	-0.12	0.00	-0.06	1.52	100.00	13.51	-0.13
Efficiency & per share
Fixed asset turnover	1.03	1.31	1.12	1.96	0.37	0.10	0.00
Inventory turnover	12.44	5.68	4.11	10.26	4.49	7.87	0.00
Debtors turnover	11.74	60.83	0.00	0.00	83.57	17.37	0.00
EPS (₹)	1.26	1.15	0.83	1.35	0.92	0.44	(0.09)
Dividend per share (₹)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per share (₹)	(6.59)	(9.49)	(10.74)	(11.57)	(12.90)	(13.82)	(14.26)

Top companies in Metals & Minerals

10 companies that operate in the same segment as Bihar Sponge Iron (Metals & Minerals), ranked by their profile score on The Company Check.

Company	Description	Founded	Location	Total funding	Revenue	Employees
3M	3M is recognized as a global leader in industrial innovation.	1902	United States	–	USD 24.95 B	74
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Sumitomo Corporation	Diversified conglomerate operating across multiple industries	1919	Tokyo, Tokyo, Japan	–	USD 45.77 B	73
Mitsui & Co.	Traditional conglomerate services are provided across multiple sectors by Mitsui.	1947	Chiyoda, Tokyo, Japan	–	USD 87.78 B	146
Glencore	Metals and minerals are produced and supplied worldwide.	1974	Baar, Zug, Switzerland	USD 2.2 B	USD 252.73 B	150,000
Al-Futtaim	Multiple real estate strategies are pursued by Al-Futtaim.	1930	Dubai, Dubai, United Arab Emirates	USD 500 M	–	–
Imerys	Mineral-based specialty solutions are supplied for industrial applications.	1880	Paris, France	USD 1.56 B	USD 3.97 B	12,900
Welspun Group	Manufacturer of pipes, plates & coils, and home textile products	1985	Mumbai, Maharashtra, India	USD 544.43 M	–	6,934
SK	Private equity firm focused on energy, chemical, semiconductor, logistics, and multiple sectors	1953	Seoul, South Korea	–	USD 14.38 M	1
Sanmar Group	Chemical and casting products are manufactured, with shipping operations managed.	1962	Chennai, Tamil Nadu, India	USD 573.4 M	USD 1.43 B	180

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Frequently Asked Questions about Bihar Sponge Iron

When was Bihar Sponge Iron founded?

Bihar Sponge Iron was founded in 1989.

Where is Bihar Sponge Iron located?

Bihar Sponge Iron is headquartered in Jamshedpur, India. It is registered at Jamshedpur, Jharkhand, India.

How many employees does Bihar Sponge Iron have?

Bihar Sponge Iron has 183 employees.

What is the annual revenue of Bihar Sponge Iron?

The primary company behind Bihar Sponge Iron, Bihar Sponge Iron Limited, reported revenue of ₹349 Cr for FY 2025, up 20% year on year.

What does Bihar Sponge Iron do?

Bihar Sponge Iron was founded in 1989 and is based in Jamshedpur, India. Operations are centered on the manufacturing of sponge iron, a key raw material in the iron and steel sector. Production processes are managed to support downstream steel industries, with activities confined to the Indian market. The companys online presence is maintained through the domain bsil.org.in, reflecting its established role in regional metallurgy.

What products or services does Bihar Sponge Iron offer?

Bihar Sponge Iron offers Sponge Iron and Captive Power.

Is Bihar Sponge Iron publicly traded?

Yes, Bihar Sponge Iron is publicly traded on BSE under the ticker symbol BIHSPONG.

Which legal entities are associated with Bihar Sponge Iron?

Bihar Sponge Iron operates through Bihar Sponge Iron Limited.

Who are the directors of Bihar Sponge Iron?

The legal entities of Bihar Sponge Iron currently have 13 directors, including Aditya Kumar Modi, Jayesh Modi, Vimal Prasad Gupta and others.

About Bihar Sponge Iron

Company details

Operational Areas of Bihar Sponge Iron

Associated legal entities of Bihar Sponge Iron

Products & Services of Bihar Sponge Iron

Board of directors of Bihar Sponge Iron Limited (Bihar Sponge Iron)

IPO & Listings of Bihar Sponge Iron

Financials of Bihar Sponge Iron

Financial Highlights

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr Standalone AnnualQuarterly

Financial Statements

Top companies in Metals & Minerals

Related news about Bihar Sponge Iron

Complete news archive for Bihar Sponge Iron

Frequently Asked Questions about Bihar Sponge Iron

Financial summary ₹ Cr