About Nova Iron And Steel Limited
Data last updated: 22 December 2025
Nova Iron And Steel Limited is a public limited company based in Bilaspur, Chattisgarh, India, a subsidiary of Bhushan Power & Steel Limited. It specialises in steel manufacturing and processing, a part of the broader metals and mining sector. Incorporated on 01 May 1989, the company has been in operation for over 37 years.
Registered with ROC Chhattisgarh under CIN L02710CT1989PLC010052. Listed on BSE: 513566.
Capital: an authorised share capital of ₹160 Cr and a paid-up capital of ₹36.14 Cr. It is led by directors including Birender Bhardwaj and Hardev Chand Verma.
Last AGM: 17 September 2025. Financial statements filed for year ended 31 March 2025. Office: Village – Dagori Tehsil – Belha, Bilaspur, Chattisgarh, India – 495224.
As per the financials filed for FY 2025, the company reported a revenue of ₹419.85 Cr, a decline of 26% compared to the previous year.
It operates as a subsidiary of Bhushan Power & Steel Limited.
The company is associated with 1 brand - Nova Iron & Steel Ltd.. As per MCA filings, the company has open charges of ₹185.6 Cr and satisfied charges of ₹129.77 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novaironsteel.com.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media**************
-
Registered AddressVillage – Dagori Tehsil – Belha, Bilaspur, Chattisgarh, India – 495224
-
IndustryMetals and Minerals, Steel Manufacturing & Processing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Nova Iron And Steel Limited
Nova Iron And Steel Limited has one previous CIN (Corporate Identification Number): L02710MP1995PLC010052. The current CIN is L02710CT1989PLC010052, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L02710CT1989PLC010052 | Current |
| L02710MP1995PLC010052 | Previous |
Associated Brands with Nova Iron And Steel Limited
Nova Iron And Steel Limited operates one associated brand: Nova Iron & Steel Ltd.. These brands represent Nova Iron And Steel Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Nova Iron & Steel Ltd. is engaged in steel manufacturing. | novaironsteel.com |
Business Activity of Nova Iron And Steel Limited
Nova Iron And Steel Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | ********* |
Auditor Details of Nova Iron And Steel Limited
Nova Iron And Steel Limited is audited by MNRS & Associates (ICAI peer reviewed, certificate valid till 2026-01-31) for the financial year 2025, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| MNRS & Associates (ICAI peer reviewed, certificate valid till 2026-01-31) | FY 2025 | Statement on impact of audit qualification |
Board of Directors of Nova Iron And Steel Limited
Nova Iron And Steel Limited is currently managed by 7 directors, with 22 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Birender Bhardwaj | Cfo | 30 Jun 2023 | 3 Years 0 Months | Current |
| Hardev Chand Verma | Director | 05 Aug 2013 | 12 Years 11 Months | Current |
|
Suraj Prakash Choudhary
Also directs:
Revo Global (India) Private Limited
|
Director | 28 Nov 2024 | 1 Years 7 Months | Current |
| Gaurav Sharma | Additional Director | 05 May 2024 | 2 Years 2 Months | Current |
|
Kusum Naruka
Also directs:
Marble Finvest Limited, Riseorbit Foundation
|
Director | 29 Jun 2024 | 2 Years 0 Months | Current |
| Dinesh Yadav Kumar | Whole-Time Director | 14 Aug 2021 | 4 Years 10 Months | Current |
Financials of Nova Iron And Steel Limited FY 2025 filings available
Nova Iron And Steel Limited reported revenue of ₹416.91 Cr (down 26.05% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹416.91 Cr | ₹563.8 Cr | ₹698.09 Cr | ₹605.4 Cr | ₹344.81 Cr | ₹52.21 Cr | ₹3.61 Cr |
| Other Income | ₹2.94 Cr | ₹5.17 Cr | ₹5 Cr | ₹8.43 Cr | ₹6.69 Cr | ₹3.03 Cr | ₹1.66 Cr |
| Total Income | ₹419.85 Cr | ₹568.96 Cr | ₹703.09 Cr | ₹613.83 Cr | ₹351.51 Cr | ₹55.23 Cr | ₹5.27 Cr |
| Cost of Materials Consumed | ₹305.1 Cr | ₹433 Cr | ₹574.71 Cr | ₹506.5 Cr | ₹302.88 Cr | ₹37.11 Cr | ₹34.02 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹2.83 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹1.14 Cr | ₹2.14 Cr | ₹96.88 Lakh | ₹3.48 Cr | -₹9.83 Cr | ₹18.93 Cr | -₹19.41 Cr |
| Employee Benefit Expense | ₹17.13 Cr | ₹12.01 Cr | ₹8.35 Cr | ₹7.15 Cr | ₹6.7 Cr | ₹7.04 Cr | ₹4.92 Cr |
| Finance Costs | ₹11.05 Cr | ₹24.52 Cr | ₹17.26 Cr | ₹24.87 Cr | ₹51.39 Lakh | ₹1.69 Lakh | ₹35.22 Lakh |
| Depreciation & Amortisation | ₹19.47 Cr | ₹45.13 Cr | ₹9.91 Cr | ₹9.93 Cr | ₹8.71 Cr | ₹7.33 Cr | ₹90.8 Lakh |
| Other Expenses | ₹86.57 Cr | ₹111.35 Cr | ₹88.49 Cr | ₹72.64 Cr | ₹37.39 Cr | ₹26.23 Cr | -₹12.55 Cr |
| Total Expenses | ₹438.19 Cr | ₹630.97 Cr | ₹699.68 Cr | ₹624.57 Cr | ₹346.37 Cr | ₹96.66 Cr | ₹8.24 Cr |
| Profit Before Exceptional Items & Tax | -₹18.34 Cr | -₹62.01 Cr | ₹3.41 Cr | -₹10.74 Cr | ₹5.14 Cr | -₹41.42 Cr | -₹2.97 Cr |
| Exceptional Items | ₹158.08 Cr | -₹65.45 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹3.64 Cr |
| Profit Before Tax | ₹139.74 Cr | -₹127.46 Cr | ₹3.41 Cr | -₹10.74 Cr | ₹5.14 Cr | -₹41.42 Cr | ₹67.04 Lakh |
| Total Tax Expense | -₹9.05 Cr | -₹33.66 Cr | ₹5.2 Cr | ₹4.04 Cr | ₹17.05 Cr | ₹10.81 Cr | ₹4.86 Lakh |
| Net Profit | ₹148.79 Cr | -₹93.8 Cr | -₹1.79 Cr | -₹14.78 Cr | -₹11.91 Cr | -₹52.23 Cr | ₹62.18 Lakh |
| Other Comprehensive Income | ₹14.7 Lakh | -₹6.14 Lakh | -₹27.83 Lakh | ₹5.14 Lakh | ₹1.02 Cr | -₹13.06 Lakh | ₹7.09 Lakh |
| Total Comprehensive Income | ₹148.94 Cr | -₹93.86 Cr | -₹2.07 Cr | -₹14.73 Cr | -₹10.89 Cr | -₹52.36 Cr | ₹69.27 Lakh |
| EBITDA (computed) | ₹12.18 Cr | ₹7.64 Cr | ₹30.58 Cr | ₹24.06 Cr | ₹14.36 Cr | -₹34.08 Cr | -₹1.71 Cr |
| Basic EPS | ₹41.17 | ₹-25.96 | ₹-0.50 | ₹-4.09 | ₹-3.30 | ₹-14.45 | ₹0.17 |
| Diluted EPS | ₹41.17 | ₹-25.96 | ₹-0.50 | ₹-4.09 | ₹-3.30 | ₹-14.45 | ₹0.17 |
| Metrics | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Total Assets | ₹306.13 Cr | ₹295.47 Cr | ₹498.92 Cr | ₹537.92 Cr | ₹505.26 Cr | ₹419.8 Cr | ₹467.1 Cr |
| Non-current Assets | ₹244.55 Cr | ₹218.97 Cr | ₹376.71 Cr | ₹368.11 Cr | ₹377.58 Cr | ₹384.38 Cr | ₹389.09 Cr |
| Current Assets | ₹61.58 Cr | ₹76.51 Cr | ₹122.21 Cr | ₹169.8 Cr | ₹127.68 Cr | ₹35.42 Cr | ₹78.01 Cr |
| Property, Plant & Equipment | ₹139.01 Cr | ₹171.6 Cr | ₹357.02 Cr | ₹356.9 Cr | ₹371.92 Cr | ₹380.22 Cr | ₹61.07 Cr |
| Inventories | ₹22.84 Cr | ₹20.01 Cr | ₹78.57 Cr | ₹119.24 Cr | ₹68.67 Cr | ₹6.89 Cr | ₹40.03 Cr |
| Trade Receivables | ₹11.61 Cr | ₹20.61 Cr | ₹80.68 Lakh | ₹62.63 Lakh | ₹3.36 Cr | ₹2.78 Cr | ₹3.09 Cr |
| Cash & Equivalents | ₹1.02 Cr | ₹2.74 Cr | ₹95.42 Lakh | ₹1.07 Cr | ₹89.78 Lakh | ₹6.35 Lakh | ₹35.79 Lakh |
| Equity (Net Worth) | -₹11.3 Cr | -₹155.45 Cr | -₹52.68 Cr | -₹48.57 Cr | -₹33.09 Cr | -₹22.2 Cr | ₹30.16 Cr |
| Equity Share Capital | ₹36.14 Cr | ₹36.14 Cr | ₹36.14 Cr | ₹36.14 Cr | ₹36.14 Cr | ₹36.14 Cr | ₹36.14 Cr |
| Borrowings (Non-current) | ₹152.21 Cr | ₹318.77 Cr | ₹312.71 Cr | ₹162.29 Cr | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹94.84 Cr | ₹78.27 Cr | ₹18 Cr | ₹169.59 Cr | ₹311.48 Cr | ₹329.32 Cr | ₹338.3 Cr |
| Total Debt (computed) | ₹247.05 Cr | ₹397.04 Cr | ₹330.71 Cr | ₹331.88 Cr | ₹311.48 Cr | ₹329.32 Cr | ₹338.3 Cr |
| Current Liabilities | ₹159.81 Cr | ₹127.07 Cr | ₹199.75 Cr | ₹384.69 Cr | ₹503.83 Cr | ₹424.59 Cr | ₹431.76 Cr |
| Total Liabilities | ₹317.43 Cr | ₹450.92 Cr | ₹551.6 Cr | ₹586.48 Cr | ₹538.35 Cr | ₹442 Cr | ₹436.95 Cr |
| Metrics | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹35.68 Cr | -₹10.45 Cr | ₹18.25 Cr | ₹3.42 Cr | ₹18.04 Cr |
| Investing Cash Flow | -₹36.39 Cr | -₹31.43 Cr | -₹1.32 Cr | ₹65.38 Lakh | -₹39.6 Lakh |
| Financing Cash Flow | -₹1.01 Cr | ₹43.66 Cr | -₹17.04 Cr | -₹3.9 Cr | -₹16.81 Cr |
| Capital Expenditure | ₹0 | ₹36.33 Cr | ₹9.65 Cr | ₹1.45 Lakh | ₹41.78 Lakh |
| Free Cash Flow (computed) | ₹35.68 Cr | -₹46.78 Cr | ₹8.59 Cr | ₹3.41 Cr | ₹17.62 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹1.72 Cr | ₹1.79 Cr | -₹11.77 Lakh | ₹17.38 Lakh | ₹83.43 Lakh |
| Metrics | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹109.82 Cr | ₹108.04 Cr | ₹112.97 Cr | ₹94.71 Cr | ₹97.73 Cr | ₹99.38 Cr | ₹125.1 Cr |
| Other Income | ₹43.64 Lakh | ₹35.31 Lakh | ₹14.54 Lakh | ₹39.52 Lakh | ₹48.86 Lakh | ₹99.92 Lakh | ₹1.05 Cr |
| Total Income | ₹110.26 Cr | ₹108.39 Cr | ₹113.12 Cr | ₹95.11 Cr | ₹98.22 Cr | ₹100.38 Cr | ₹126.15 Cr |
| Cost of Materials Consumed | ₹81.32 Cr | ₹83.19 Cr | ₹83.86 Cr | ₹78.03 Cr | ₹66.98 Cr | ₹67.36 Cr | ₹92.73 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹4.5 Cr | -₹3.2 Cr | -₹2.7 Cr | -₹1.09 Cr | -₹56.43 Lakh | ₹6.47 Cr | -₹5.95 Cr |
| Employee Benefit Expense | ₹4.67 Cr | ₹4.57 Cr | ₹4.5 Cr | ₹5.59 Cr | ₹3.87 Cr | ₹3.84 Cr | ₹3.83 Cr |
| Finance Costs | ₹4.72 Cr | ₹3.48 Cr | ₹1.5 Cr | ₹80.74 Lakh | ₹2.95 Cr | ₹3.73 Cr | ₹3.56 Cr |
| Depreciation & Amortisation | ₹6.24 Cr | ₹5.64 Cr | ₹4.12 Cr | ₹4.96 Cr | ₹4.89 Cr | ₹4.85 Cr | ₹4.77 Cr |
| Other Expenses | ₹20.57 Cr | ₹24.62 Cr | ₹19.64 Cr | ₹18.04 Cr | ₹24.82 Cr | ₹23.05 Cr | ₹20.66 Cr |
| Total Expenses | ₹122.03 Cr | ₹118.3 Cr | ₹110.91 Cr | ₹106.34 Cr | ₹102.94 Cr | ₹109.31 Cr | ₹119.6 Cr |
| Profit Before Exceptional Items & Tax | -₹11.77 Cr | -₹9.91 Cr | ₹2.21 Cr | -₹11.23 Cr | -₹4.72 Cr | -₹8.93 Cr | ₹6.55 Cr |
| Exceptional Items | ₹0 | ₹8.85 Cr | ₹0 | ₹160.06 Cr | ₹0 | ₹7.71 Lakh | -₹2.06 Cr |
| Profit Before Tax | -₹11.77 Cr | -₹1.06 Cr | ₹2.21 Cr | ₹148.83 Cr | -₹4.72 Cr | -₹8.85 Cr | ₹4.49 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | -₹9.05 Cr | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹11.77 Cr | -₹1.06 Cr | ₹2.21 Cr | ₹157.88 Cr | -₹4.72 Cr | -₹8.85 Cr | ₹4.49 Cr |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹14.7 Lakh | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹11.77 Cr | -₹1.06 Cr | ₹2.21 Cr | ₹158.03 Cr | -₹4.72 Cr | -₹8.85 Cr | ₹4.49 Cr |
| EBITDA (computed) | -₹80.71 Lakh | -₹78.69 Lakh | ₹7.82 Cr | -₹5.47 Cr | ₹3.11 Cr | -₹34.52 Lakh | ₹14.88 Cr |
| Basic EPS | ₹-3.26 | ₹-2.74 | ₹0.61 | ₹43.69 | ₹-1.31 | ₹-2.45 | ₹1.24 |
| Diluted EPS | ₹-3.26 | ₹-2.74 | ₹0.61 | ₹43.69 | ₹-1.31 | ₹-2.45 | ₹1.24 |
| Segment · FY 2019 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Manufacturing | ₹20.66 Lakh | -₹4.44 Cr | - | - |
| Investment in Commodities/Securities | ₹3.4 Cr | ₹3.4 Cr | - | - |
| Others | ₹1.66 Cr | ₹1.66 Cr | - | - |
Shareholding Pattern of Nova Iron And Steel Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 44.16%, foreign institutional investors hold 0.00%, domestic institutional investors hold 1.32%, retail and other public shareholders hold 54.52% of Nova Iron And Steel Limited. The company had 155,337 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 44.16% | 44.16% | 44.16% | 44.16% | 44.16% | 44.16% |
| Public | 55.84% | 55.84% | 55.84% | 55.84% | 55.84% | 55.84% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 44.16% | 44.16% | 44.16% |
| Public | 55.84% | 55.84% | 55.84% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Nova Iron And Steel Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jun 2025 | Others | ₹49.7 Lakh | Open |
| 24 Dec 2024 | Others | ₹30 Cr | Open |
| 25 May 2024 | Others | ₹39.69 Cr | Open |
| 14 Oct 2023 | Others | ₹38.61 Lakh | Open |
| 27 Jun 2022 | Others | ₹53.4 Cr | Open |
Total charge records: 26 View all charges
Employees and EPFO Compliance at Nova Iron And Steel Limited
View historical data on people associated with Nova Iron And Steel Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Nova Iron And Steel Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Nova Iron And Steel Limited
GSTIN & GST Filing Data of Nova Iron And Steel Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Nova Iron And Steel Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Nova Iron And Steel Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Nova Iron And Steel Limited
MSME Payment Delays by Nova Iron And Steel Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Nova Iron And Steel Limited
Subsidiaries & Group Companies of Nova Iron And Steel Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Nova Iron And Steel Limited with ownership details.
MCA Filings & Documents of Nova Iron And Steel Limited
MCA Filings & Documents of Nova Iron And Steel Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Nova Iron And Steel Limited
Recent News on Nova Iron And Steel Limited
Frequently Asked Questions about Nova Iron And Steel Limited
Nova Iron And Steel Limited is an active public limited company in the metals and minerals sector based in Bilaspur, Chattisgarh, India. It was incorporated on 01 May 1989 (37+ years old) and is registered under CIN L02710CT1989PLC010052. Listed on BSE: 513566.
Nova Iron And Steel Limited reported revenue of ₹419.85 Cr for FY 2025 (down 26.00% YoY).
The current directors of Nova Iron And Steel Limited are:
The primary industry of Nova Iron And Steel Limited is metals and minerals. The company specifically operates in steel manufacturing and processing. The company is currently active in this sector.
Yes. Nova Iron And Steel Limited is listed on BSE with code 513566.
Nova Iron And Steel Limited can be reached at the registered office: Village – Dagori Tehsil – Belha, Bilaspur, Chattisgarh, India – 495224, or through the website novaironsteel.com.