Bihar Sponge Iron Limited - metals and minerals in Kharsawan, Jharkhand, India. FY 2026 financials & compliance.
CIN L27106JH1982PLC001633 Incorporated 16 April 1982 ROC Ranchi HQ Kharsawan, Jharkhand, India
Active Listed - BSE: 500058 Public Limited Company metals and minerals
Data last updated
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%
Authorised capital
₹100 Cr
Registered with MCA

About Bihar Sponge Iron Limited

Data last updated:

Bihar Sponge Iron Limited is a public limited company based in Kharsawan, Jharkhand, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 16 April 1982 and has been in existence for over 44 years.

The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN L27106JH1982PLC001633. Its GSTIN is 20AABCB2236R1ZT (Jharkhand). The company holds 6 GST registrations, of which 1 is active. Its shares are listed on BSE: 500058.

The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹90.21 Cr. It is led by directors including Aditya Kumar Modi (Whole-Time Director) and Jayesh Modi.

Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Umesh Nagar Chandil Saraikela Kharsawan, Jharkhand, India – 832401.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹245.47 Cr, a decline of 23.2% compared to the previous year. For the same year it recorded a net profit of ₹11.47 Cr (net margin 4.7%) and EBITDA of -₹12.32 Cr (EBITDA margin -5%). Total assets are valued at ₹78.59 Cr (up 5.4% YoY).

The company has about 30 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Bihar Sponge Iron. Court records list 94 cases involving the company, including 43 filed by the company and 35 filed against it; 13 cases are pending. The company has 6 deals on record (6 market trades); the latest was in September 2018. Its 10 peer companies in the Metals and Minerals industry (Steel) are compared by revenue, 5 larger and 5 smaller; the largest is Mightysteelflow Industries Private Limited with revenue of ₹351.66 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bsil.org.in.

Company Details of Bihar Sponge Iron Limited
CIN L27106JH1982PLC001633
Registration Number 001633
Incorporation Date 16 April 1982
ROC Ranchi
Listing Status Listed (BSE: 500058)
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN History of Bihar Sponge Iron Limited

Bihar Sponge Iron has one previous CIN (Corporate Identification Number): U99999JH1982PLC001633. The current CIN is L27106JH1982PLC001633, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L27106JH1982PLC001633Current
U99999JH1982PLC001633Previous
Contact Details
  • Email
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  • Telephone
    Locked
  • Social Media
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  • Registered Address
    Umesh Nagar Chandil Saraikela Kharsawan, Jharkhand, India – 832401
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing
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Financials, compliance, directors, charges, ownership and filings for Bihar Sponge Iron Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Bihar Sponge Iron Limited

Bihar Sponge Iron operates one associated brand: Bihar Sponge Iron. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturer of sponge ironbsil.org.in

Business Activity of Bihar Sponge Iron Limited

The main business activities of Bihar Sponge Iron are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC7Metal and metal productsLocked
GTradeG1Wholesale TradingLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Bihar Sponge Iron Limited FY 2025-26 filings available

Bihar Sponge Iron Limited reported revenue of ₹245.47 Cr (down 23.2% YoY) for FY 2025-26.

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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue24531926746386.4022.090.00
Revenue growth-23.2%+19.8%-42.5%+436.3%+291.1%--
EBITDA(12.32)(15.47)(13.82)14.113.024.77(4.32)
EBITDA margin-5.0%-4.8%-5.2%+3.1%+3.5%+21.6%-
Profit before tax11.3110.417.4612.128.283.96(0.83)
Net profit11.477.297.4511.895.584.34(0.84)
Net profit margin+4.7%+2.3%+2.8%+2.6%+6.5%+19.7%-
EPS (₹)1.261.150.831.350.920.44(0.09)
Balance sheet
Total assets78.5974.5773.3382.8552.5246.708.71
Net worth(34.01)(45.35)(55.74)(63.19)(75.33)(83.60)(87.56)
Total debt11211011913611912193.16
Cash & bank2.842.393.512.883.470.980.60
Net working capital32.9215.7311.1118.47(12.52)(1.52)(42.38)
Cash flow
Cash from operations(2.86)8.2419.18(15.54)23.319.930.96
Cash from investing1.54(0.42)(1.62)(1.78)(18.46)(0.05)0.00
Cash from financing1.76(8.94)(16.93)16.72(2.36)(9.50)(1.40)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.0016.9287.3063.7677.5098.4953.3063.76
Revenue growth (YoY)-100.0%-82.8%+63.8%0.0%-25.4%---
Other income6.395.568.377.256.298.385.837.70
Total expenses3.1420.4388.4568.2580.6710356.1868.94
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%
Depreciation0.770.791.011.011.010.851.061.06
Interest0.000.000.000.000.000.000.000.00
Profit before tax2.481.266.211.752.113.361.891.46
Tax0.000.000.000.000.000.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 20 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.0016.9287.3063.7677.5098.4953.3063.76
Revenue growth (YoY)-100.0%-82.8%+63.8%0.0%-25.4%---
Other income6.395.568.377.256.298.385.837.70
Total expenses3.1420.4388.4568.2580.6710356.1868.94
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%
Depreciation0.770.791.011.011.010.851.061.06
Interest0.000.000.000.000.000.000.000.00
Profit before tax2.481.266.211.752.113.361.891.46
Tax0.000.000.000.000.000.000.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue24531926746386.4022.090.00
Revenue growth-23.2%+19.8%-42.5%+436.3%+291.1%--
Other income27.4729.9125.522.418.282.366.79
Total expenses25833528044983.3817.324.32
Employee cost2.202.201.962.202.421.661.75
EBITDA(12.32)(15.47)(13.82)14.113.024.77(4.32)
EBITDA margin-5.0%-4.8%-5.2%+3.1%+3.5%+21.6%-
Depreciation3.824.034.234.252.992.923.29
Interest0.020.000.010.150.030.250.01
Profit before tax11.3110.417.4612.128.283.96(0.83)
Tax0.000.000.000.000.000.000.00
Net profit11.477.297.4511.895.584.34(0.84)
Net profit margin+4.7%+2.3%+2.8%+2.6%+6.5%+19.7%-
EPS (₹)1.261.150.831.350.920.44(0.09)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital90.2190.2190.2190.2190.2590.2590.25
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 loans0.000.006.2521.2532.5032.5032.50
Unsecured loans11211011311586.4488.7760.66
Total debt11211011913611912193.16
Total liabilities78.5974.5773.3382.8552.5246.708.71
Assets
Gross block289318321321321314314
Net block42.4549.5353.3057.3061.3741.7344.61
Capital work in progress0.164.643.111.610.002.822.82
Investments0.000.000.000.000.000.000.00
Inventories4.0241.0088.0264.1642.472.963.66
Sundry debtors35.6712.050.000.000.002.440.56
Cash & bank balances2.842.393.512.883.470.980.60
Loans & advances4.0817.5928.3332.8732.1710.032.23
Total current assets46.6173.0312099.9178.1116.417.05
Total current liabilities13.6957.3010981.4490.6317.9349.43
Net working capital32.9215.7311.1118.47(12.52)(1.52)(42.38)
Total assets78.5974.5773.3382.8552.5246.708.71
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.231.350.723.470.980.601.04
Net cash from operating activities(2.86)8.2419.18(15.54)23.319.930.96
Net cash from investing activities1.54(0.42)(1.62)(1.78)(18.46)(0.05)0.00
Net cash from financing activities1.76(8.94)(16.93)16.72(2.36)(9.50)(1.40)
Net change in cash0.44(1.12)0.63(0.59)2.490.38(0.43)
Closing cash2.842.393.512.883.470.980.60
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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 / equity0.000.000.000.000.000.000.00
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover-0.120.00-0.061.52100.0013.51-0.13
Efficiency & per share
Fixed asset turnover1.031.311.121.960.370.100.00
Inventory turnover12.445.684.1110.264.497.870.00
Debtors turnover11.7460.830.000.0083.5717.370.00
EPS (₹)1.261.150.831.350.920.44(0.09)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)(6.59)(9.49)(10.74)(11.57)(12.90)(13.82)(14.26)
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Board of Directors of Bihar Sponge Iron Limited

Bihar Sponge Iron has 11 current directors and 40 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Aditya Kumar ModiWhole-Time Director16 Nov 20214 Years 11 MonthsCurrent
Jayesh ModiDirector18 Jun 201016 Years 4 MonthsCurrent
Umesh Kumar ModiDirector16 Apr 198244 Years 6 MonthsCurrent
Abhishek ModiDirector14 Feb 200125 Years 8 MonthsCurrent
Kumkum ModiDirector04 Jun 201115 Years 4 MonthsCurrent
Salil SethDirector16 Aug 20224 Years 2 MonthsCurrent
Showing 6 of 11 current directors. View all directors

Peer Comparison of Bihar Sponge Iron Limited

Bihar Sponge Iron Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Mightysteelflow Industries Private Limited₹351.66 Cr (FY 2025)••••••••259.0%••••Abhanpur, Chhattisgarh, India
Tubacex Tubes and Pipes Private Limited₹351.61 Cr (FY 2025)••••••••-18.0%••••Mumbai, Maharashtra, India
Bhaskar Steel and Ferro Alloy Private Limited₹350.89 Cr (FY 2024)••••••••-14.0%••••Lathikata, Odisha, India
Agarwal Sponge and Energy Private Limited₹350.12 Cr (FY 2023)••••••••-12.0%••••Bengaluru, Karnataka, India
Pinax Steel Industries Private Limited₹350.08 Cr (FY 2024)••••••••52.0%••••Kolkata, West Bengal, India
Vikash Steel Tube Private Limited₹348.66 Cr (FY 2025)••••••••26.0%••••Delhi, India
Golkonda Engineering Enterprises Limited₹348.42 Cr (FY 2024)••••••••9.0%••••Secunderabad, Telangana, India
Shree Sakthi Narayan Steel Limited₹348.28 Cr (FY 2024)••••••••3.0%••••New Delhi, Delhi, India
Sarvottam Rolling Mills Private Limited₹347.99 Cr (FY 2025)••••••••1.0%••••Delhi, India
Mishra Polypacks Pvt Ltd₹347.54 Cr (FY 2025)••••••••37.0%••••Telangana, India
Bihar Sponge Iron Limited this company₹245.47 Cr (FY 2026)••••••••-23.2%••••Kharsawan, Jharkhand, India

Peers are the five companies nearest above and the five nearest below Bihar Sponge Iron by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Bihar Sponge Iron Limited

Bihar Sponge Iron Limited is audited by DOOGAR & ASSOCIATES for the financial year 2024.

NameStatusAppointment DateCessation Date
DOOGAR & ASSOCIATESLockedLockedLocked
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Shareholding Pattern of Bihar Sponge Iron Limited

Shareholding for the quarter ended Sep 2026: promoters hold 69.20%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 30.70%.

Promoters: 69.20%DII (Domestic Institutional): 0.10%Retail & Others: 30.70%
Sep 2026
QUARTER
69.20% Promoters
0.10% DII (Domestic Institutional)
30.70% Retail & Others
Promoter holding - history
Now 69.20% · Sep 2026High 69.20% · Dec 2025Low 69.20% · Dec 2025
68%68.8%69.5%70.3%71%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 69.20%Mar 2026: 69.20%Jun 2026: 69.20%Sep 2026: 69.20%69.20%69.20%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters69.20%69.20%69.20%69.20%
Public30.80%30.80%30.80%30.80%

Charges & Borrowings of Bihar Sponge Iron Limited

Bihar Sponge Iron Limited does not have any charges (loans) registered with the Registrar of Companies.

Deals & Funding of Bihar Sponge Iron Limited

Bihar Sponge Iron Limited has 6 deals on record (6 market trades); the latest was in September 2018.

Total deals
6
Market trades
6

Deals on record (5 of 6)

WhenDealAmountParties
Sep 2018Market trade₹3.8 LakhBuyer: Db International (Asia) Limited
Seller: Deutsche Securities Mauritius Limited
Jul 2008Market trade₹1.01 CrSeller: Modi Rubber Limited
Jun 2008Market trade₹62.9 LakhSeller: Modi Rubber Limited
Jun 2008Market trade₹82.4 LakhSeller: Modi Rubber Limited
Jun 2008Market trade₹1.16 CrSeller: Modi Rubber Limited
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Full deal history

All 6 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Bihar Sponge Iron Limited

Bihar Sponge Iron Limited has a workforce of 30 employees as of Apr 08, 2024.

Employee count
30
Active EPFO establishments
1
Employee growth
20%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Bihar Sponge Iron Limited

Bihar Sponge Iron Limited has 85 board changes on record since 1982: 48 appointments and 37 cessations. The latest: Adhish Sharma was appointed as Director on 16 Sep 2024.

AGM
Bihar Sponge Iron Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Filing
Bihar Sponge Iron Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ranchi.
Appointed
Adhish Sharma was appointed as Director.
Appointed
Mohi Kumari was appointed as Director.
Appointed
Rohit Chawdhary was appointed as Director.
Ceased
Anirudh Kumar Modi ceased to be Director.
Ceased
Asha Agarwal ceased to be Director.
Ceased
Vijay Kumar Modi ceased to be Director.
Ceased
Jagdish Chander Chawla ceased to be Director.
Appointed
Pramod Kumar Gupta was appointed as Director.
Appointed
Ajay Kumar Aggarwal was appointed as Director.
Ceased
Shiv Shankar Agarwal ceased to be Director.

76 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Bihar Sponge Iron Limited

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MSME Payment Delays by Bihar Sponge Iron Limited

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Subsidiaries & Group Companies of Bihar Sponge Iron Limited

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GST Compliance of Bihar Sponge Iron Limited

Bihar Sponge Iron has 6 GST registrations: 1 active and 5 cancelled or inactive.

Total GSTINs
6
Active
1
Cancelled / inactive
5
GSTINStateStatusRegistered on
20AABCB2236R1ZTJharkhandActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Bihar Sponge Iron Limited

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MCA filings and documents

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Frequently Asked Questions about Bihar Sponge Iron Limited

Bihar Sponge Iron is an active public limited company based in Kharsawan, Jharkhand, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 16 April 1982 (44+ years old) and is registered under CIN L27106JH1982PLC001633. Listed on BSE: 500058.

Bihar Sponge Iron reported revenue of ₹245.47 Cr for FY 2025-26 (down 23.2% YoY) based on standalone financials.

Bihar Sponge Iron has 11 current directors:

The GSTIN of Bihar Sponge Iron is 20AABCB2236R1ZT, registered in Jharkhand. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.

The CIN (Corporate Identification Number) of Bihar Sponge Iron is L27106JH1982PLC001633. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Bihar Sponge Iron is listed on BSE with code 500058.

Bihar Sponge Iron has 94 court cases on record: 43 filed by the company and 35 filed against it. 13 are pending. Most are in the high courts.

Bihar Sponge Iron was incorporated on 16 April 1982, making it 44+ years old. It is registered with the Registrar of Companies, Ranchi.

Bihar Sponge Iron has 6 deals on record (6 market trades); the latest was in September 2018.

The peers of Bihar Sponge Iron by revenue are Mightysteelflow Industries Private Limited, Tubacex Tubes and Pipes Private Limited, Bhaskar Steel and Ferro Alloy Private Limited, Agarwal Sponge and Energy Private Limited, Pinax Steel Industries Private Limited and 5 more, all in the Metals and Minerals industry (Steel).

Adhish Sharma was appointed as Director on 16 Sep 2024. Mohi Kumari was appointed as Director on 16 Sep 2024. Rohit Chawdhary was appointed as Director on 16 Sep 2024. Bihar Sponge Iron has 85 board changes on record in total.

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