Bihar Sponge Iron Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Bihar Sponge Iron Ltd?

Bihar Sponge Iron Ltd is trading at 11.60 as of 23 April 2026, with a FY2026-2027 high of 19.6 and low of 9.15. The stock is currently near its 52-week low. Market cap stands at 104 Cr..

Q: Is Bihar Sponge Iron Ltd financially healthy?

Key indicators: ROCE of 11.4 % is moderate. Dividend yield is 0.00 %.

Q: Is Bihar Sponge Iron Ltd profitable and how is the profit trend?

Bihar Sponge Iron Ltd reported a net profit of 10 Cr in Mar 2025 on revenue of 319 Cr. Compared to 8 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹4.37Overvalued by 62.33%vs CMP ₹11.60

P/E (7.8) × ROE (15.0%) × BV (₹4.60) × DY (2.00%)

Defaults: ROE=15%

₹13.22Undervalued by 13.97%vs CMP ₹11.60

MoS: +12.3% (Thin)Confidence: 38/100 (Low)Models: 3 Under, 1 Fair, 2 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹4.81	25%	Over (-58.5%)
Graham Number	Earnings	₹12.42	23%	Fair (+7.1%)
Earnings Power	Earnings	₹6.13	15%	Over (-47.2%)
DCF	Cash Flow	₹21.20	19%	Under (+82.8%)
Earnings Yield	Earnings	₹14.90	10%	Under (+28.4%)
Revenue Multiple	Revenue	₹35.58	8%	Under (+206.7%)
Consensus (6 models)		₹13.22	100%	Undervalued

Key Drivers: Wide model spread (₹5–₹36) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 10.1% · Defaults: ROE=15%

*Investments are subject to market risks

Analyst Summary

Bihar Sponge Iron Ltd operates in the Steel - Sponge Iron segment, NSE: BIHSPONG | BSE: 500058, current market price is ₹11.60, market cap is 104 Cr.. At a glance, stock P/E is 7.76, ROE is %, ROCE is 11.4 %, book value is 4.60, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹13.22, which is about 14.0% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹319 Cr versus the prior period change of 19.5%, while latest net profit is about ₹10 Cr with a prior-period change of 42.9%. The 52-week range shown on this page is 19.6/9.15, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisBihar Sponge Iron Ltd. is a Public Limited Listed company incorporated on 16/04/1982 and has its registered office in the State of Jharkand, India. Company's Corporate Identification Number(CIN) is L2…

This summary is generated from the stock page data available for Bihar Sponge Iron Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Bihar Sponge Iron Ltd scores 57/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health51/100 · Moderate

ROCE 11.4% AverageROE 0.0% WeakD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money50/100 · Moderate

Promoter holding at 69.2% Stable

Earnings Quality40/100 · Moderate

OPM contracting (3% → -5%) Declining

Quarterly Momentum78/100 · Strong

Revenue (4Q): +11% YoY GrowingProfit (4Q): +17% YoY PositiveOPM: -1.3% (up 4.1% YoY) Margin expansion

Industry Rank75/100 · Strong

P/E 7.8 vs industry 31.8 Cheaper than peersROCE 11.4% vs industry 16.5% Average3Y sales CAGR: 55% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:15 am

Market Cap	104 Cr.
Current Price	11.6
Intrinsic Value	₹13.22
High / Low	19.6/9.15
Stock P/E	7.76
Book Value	4.60
Dividend Yield	0.00 %
ROCE	11.4 %
ROE	%
Face Value	10.0
PEG Ratio	0.77

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Bihar Sponge Iron Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Bihar Sponge Iron Ltd	104 Cr.	11.6	19.6/9.15	7.76	4.60	0.00 %	11.4 %	%	10.0
Vaswani Industries Ltd	171 Cr.	51.8	70.1/32.0	52.7	46.2	0.00 %	11.1 %	8.48 %	10.0
MSP Steel & Power Ltd	1,649 Cr.	29.1	41.2/23.6	102	16.1	0.00 %	6.43 %	3.78 %	10.0
Tata Steel Long Products Ltd	3,743 Cr.	830	/		61.1	0.00 %	%	234 %	10.0
Jai Balaji Industries Ltd	5,334 Cr.	58.5	142/53.0	18.2	24.4	0.00 %	36.1 %	30.7 %	2.00
Industry Average	19,759.11 Cr	298.05		31.82	111.28	0.09%	16.53%	34.05%	7.08

All Competitor Stocks of Bihar Sponge Iron Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	108.31	112.85	48.34	73.75	70.43	74.14	103.85	63.76	53.30	98.49	77.50	63.76	87.30
Expenses	103.22	109.12	52.85	77.98	74.61	75.07	107.10	68.94	56.18	102.66	80.67	68.26	88.45
Operating Profit	5.09	3.73	-4.51	-4.23	-4.18	-0.93	-3.25	-5.18	-2.88	-4.17	-3.17	-4.50	-1.15
OPM %	4.70%	3.31%	-9.33%	-5.74%	-5.93%	-1.25%	-3.13%	-8.12%	-5.40%	-4.23%	-4.09%	-7.06%	-1.32%
Other Income	0.08	1.75	6.25	6.43	6.37	6.47	8.00	7.70	5.83	8.38	6.29	7.25	8.37
Interest	0.02	0.11	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	1.06	1.06	1.06	1.06	1.06	1.05	1.06	1.06	1.06	0.85	1.01	1.01	1.01
Profit before tax	4.09	4.31	0.68	1.14	1.13	4.49	3.69	1.46	1.89	3.36	2.11	1.74	6.21
Tax %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Profit	4.09	4.31	0.68	1.14	1.13	4.49	3.69	1.46	1.89	3.36	2.12	1.75	6.21
EPS in Rs	0.45	0.48	0.08	0.13	0.13	0.50	0.41	0.16	0.21	0.37	0.24	0.19	0.69

Last Updated: March 3, 2026, 11:46 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 1:40 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	19	0	0	0	0	0	0	22	86	463	267	319	327
Expenses	31	3	4	3	3	3	3	17	83	449	280	335	340
Operating Profit	-12	-3	-4	-3	-3	-3	-3	5	3	14	-14	-15	-13
OPM %	-64%		-9,175%					24%	3%	3%	-5%	-5%	-4%
Other Income	2	1	2	3	8	7	6	2	8	2	26	30	30
Interest	4	1	0	0	0	0	0	0	0	0	0	0	0
Depreciation	3	4	4	4	4	4	3	3	3	4	4	4	4
Profit before tax	-18	-7	-6	-4	-0	-0	-1	4	8	12	7	10	13
Tax %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Net Profit	-18	-7	-6	-4	-0	-0	-1	4	8	12	7	10	13
EPS in Rs	-1.97	-0.82	-0.65	-0.42	-0.01	-0.01	-0.09	0.44	0.92	1.35	0.82	1.15	1.49
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	61.11%	14.29%	33.33%	100.00%	500.00%	100.00%	50.00%	-41.67%	42.86%
Change in YoY Net Profit Growth (%)	0.00%	-46.83%	19.05%	66.67%	400.00%	-400.00%	-50.00%	-91.67%	84.52%

Bihar Sponge Iron Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	%
3 Years:	55%
TTM:	-9%

Compounded Profit Growth
10 Years:	14%
5 Years:	70%
3 Years:	23%
TTM:	-16%

Stock Price CAGR
10 Years:	19%
5 Years:	83%
3 Years:	16%
1 Year:	-44%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	%

Last Updated: September 5, 2025, 2:41 pm

Balance Sheet

Last Updated: December 4, 2025, 2:32 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	90	90	90	90	90	90	90	90	90	90	90	90	90
Reserves	-147	-167	-173	-177	-177	-177	-178	-174	-166	-153	-146	-136	-132
Borrowings	129	129	126	94	94	95	93	121	119	136	119	110	27
Other Liabilities	44	42	43	65	61	55	53	27	100	92	119	67	149
Total Liabilities	116	94	86	73	68	63	58	65	143	164	182	132	135
Fixed Assets	82	65	61	57	52	48	45	42	61	57	53	50	48
CWIP	3	3	3	3	3	3	3	3	0	2	3	5	0
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	30	26	21	13	13	12	11	20	82	105	126	78	88
Total Assets	116	94	86	73	68	63	58	65	143	164	182	132	135

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	-2	-0	-1	-3	0	-0	1	10	23	-16	19	8
Cash from Investing Activity +	1	0	1	1	0	0	0	-0	-18	-2	-2	-0
Cash from Financing Activity +	0	-1	-3	-4	-0	0	-1	-10	-2	17	-17	-9
Net Cash Flow	-1	-1	-3	-6	0	0	-0	0	2	-1	1	-1
Free Cash Flow	-2	-1	-1	-3	0	-0	1	10	5	-17	17	8
CFO/OP	14%	16%	18%	111%	-18%	1%	-31%	188%	783%	-106%	-141%	-60%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-141.00	-132.00	-130.00	-97.00	-97.00	-98.00	-96.00	-116.00	-116.00	-122.00	-133.00	-125.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	9		0					40	0	0	0	14
Inventory Days	165		13,793		105,668			85	228	58	135	51
Days Payable	440		37,691		270,100			402	457	64	154	64
Cash Conversion Cycle	-266		-23,898					-277	-228	-6	-19	1
Working Capital Days	-1,595		-794,879					-1,129	-333	-26	-36	-16
ROCE %	-19%	-9%	-12%	-20%	-4%	17%	-12%	21%	14%	21%	11%	11%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	69.23%	69.23%	69.23%	69.23%	69.23%	69.23%	69.23%	69.23%	69.23%	69.23%	69.23%	69.23%
DIIs	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%
Public	30.70%	30.70%	30.70%	30.70%	30.69%	30.70%	30.70%	30.69%	30.69%	30.70%	30.69%	30.69%
No. of Shareholders	57,049	56,983	58,529	58,894	59,618	59,207	59,958	60,270	60,302	60,041	59,710	59,713

Shareholding Pattern Chart

No. of Shareholders

Bihar Sponge Iron Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	1.15	0.83	1.35	0.92	0.44
Diluted EPS (Rs.)	1.15	0.83	1.35	0.92	0.44
Cash EPS (Rs.)	2.67	2.37	2.86	1.42	0.76
Book Value[Excl.RevalReserv]/Share (Rs.)	-9.49	-10.74	-11.56	-12.90	-13.82
Book Value[Incl.RevalReserv]/Share (Rs.)	-5.03	-6.18	-7.00	-8.35	-9.26
Revenue From Operations / Share (Rs.)	35.41	29.56	51.34	9.57	2.45
PBDIT / Share (Rs.)	1.60	1.29	1.81	1.24	0.83
PBIT / Share (Rs.)	1.15	0.82	1.34	0.90	0.50
PBT / Share (Rs.)	1.15	0.82	1.34	0.91	0.43
Net Profit / Share (Rs.)	1.15	0.82	1.34	0.91	0.43
PBDIT Margin (%)	4.51	4.37	3.53	12.95	33.99
PBIT Margin (%)	3.25	2.79	2.61	9.49	20.75
PBT Margin (%)	3.25	2.79	2.61	9.56	17.93
Net Profit Margin (%)	3.25	2.79	2.61	9.56	17.93
Return on Networth / Equity (%)	-12.13	-7.68	-11.63	-7.09	-3.17
Return on Capital Employeed (%)	22.06	18.79	35.50	-79.08	-23.97
Return On Assets (%)	7.88	4.08	7.38	5.77	6.12
Long Term Debt / Equity (X)	-0.96	-0.87	-0.83	-0.48	0.00
Total Debt / Equity (X)	-1.28	-1.23	-1.30	-1.02	0.00
Asset Turnover Ratio (%)	2.03	1.54	3.01	0.83	0.35
Current Ratio (X)	0.76	0.84	0.76	0.50	0.11
Quick Ratio (X)	0.27	0.22	0.27	0.23	0.08
Inventory Turnover Ratio (X)	4.95	2.99	6.88	3.26	3.86
Interest Coverage Ratio (X)	0.00	0.00	112.32	340.19	30.33
Interest Coverage Ratio (Post Tax) (X)	0.00	0.00	83.17	249.38	18.51
Enterprise Value (Cr.)	224.81	238.32	209.56	212.31	18.24
EV / Net Operating Revenue (X)	0.70	0.89	0.45	2.46	0.82
EV / EBITDA (X)	15.59	20.41	12.81	18.97	2.43
MarketCap / Net Operating Revenue (X)	0.36	0.46	0.16	1.12	0.87
Price / BV (X)	-1.37	-1.27	-0.73	-0.83	-0.15
Price / Net Operating Revenue (X)	0.36	0.46	0.16	1.12	0.87
EarningsYield	0.08	0.06	0.15	0.08	0.20

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Bihar Sponge Iron Ltd. is a Public Limited Listed company incorporated on 16/04/1982 and has its registered office in the State of Jharkand, India. Company's Corporate Identification Number(CIN) is L27106JH1982PLC001633 and registration number is 001633. Currently company belongs to the Industry of Steel - Sponge Iron. Company's Total Operating Revenue is Rs. 319.42 Cr. and Equity Capital is Rs. 90.21 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Steel - Sponge Iron	Umesh Nagar, Chandil, Dist. Saraikela, Kharsawan Jharkand 832401	Contact not found

Management
Name	Position Held
Mr. Umesh Kumar Modi	Chairman & President
Mr. Pramod Kumar Gupta	Director
Mr. Salil Seth	Director
Mr. Abhishek Modi	Director
Mr. Jayesh Modi	Director
Mr. Aditya Kumar Modi	Director
Mr. Ajay Kumar Aggarwal	Director
Mr. Adhish Sharma	Director
Mr. Rohit Chawdhary	Director
Ms. Mohi Kumari	Director
Mrs. Kumkum Modi	Director

FAQ

What is the intrinsic value of Bihar Sponge Iron Ltd and is it undervalued?

As of 23 April 2026, Bihar Sponge Iron Ltd's intrinsic value is ₹13.22, which is 13.97% higher than the current market price of ₹11.60, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (%), book value (₹4.60), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Bihar Sponge Iron Ltd?

Bihar Sponge Iron Ltd is trading at ₹11.60 as of 23 April 2026, with a FY2026-2027 high of ₹19.6 and low of ₹9.15. The stock is currently near its 52-week low. Market cap stands at ₹104 Cr..

How does Bihar Sponge Iron Ltd's P/E ratio compare to its industry?

Bihar Sponge Iron Ltd has a P/E ratio of 7.76, which is below the industry average of 31.82. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Bihar Sponge Iron Ltd financially healthy?

Key indicators for Bihar Sponge Iron Ltd: ROCE of 11.4 % is moderate; ROE of % is below ideal levels (industry average: 34.05%). Dividend yield is 0.00 %.

Is Bihar Sponge Iron Ltd profitable and how is the profit trend?

Bihar Sponge Iron Ltd reported a net profit of ₹10 Cr in Mar 2025 on revenue of ₹319 Cr. Compared to ₹8 Cr in Mar 2022, the net profit shows an improving trend.

Does Bihar Sponge Iron Ltd pay dividends?

Bihar Sponge Iron Ltd has a dividend yield of 0.00 % at the current price of ₹11.60. The company is currently not paying meaningful dividends.