Newmalayalam Steel
- Market cap
- ₹ 33 Cr.
- P/E
- 7x
- P/B
- 0.45x
- 52-week range
- 17.4 – 37
- ROE
- 7%
- ROCE
- 8%
- Dividend yield
- 0%
- Debt / equity
- 0.19
- Sector
- Industrial Products
- Industry
- Iron & Steel Products
- Listed on
- NSE SME
About
Newmalayalam Steel Limited is an India-based company. The Company is engaged in the business of manufacturing galvanised pipes, tubes, and sheets. It offers a range of products under its own Demac Steel brand including Square Pipes, Rectangular Pipes, and Round Pipes. Its steel tubes and pipes are available in various sizes, wall thicknesses, and specifications, ensuring compatibility with diverse projects and applications. The Company serves contractors, builders, and homeowners across Kerala and beyond, providing tailored solutions for construction, plumbing, and industrial applications. The Company sells all its products using its dealer network. Its product portfolio includes a wide variety of steel tubes and pipes, catering to different applications and requirements. It also sells its products to its Promoter Group entity, namely Jaihind Steel Private Limited, who trades it to wholesalers, construction agencies, consumers and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Iron & Steel Products: 148 companies →Newmalayalam Steel against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)7 against a typical 18.9: cheaper than most peers (1st = cheapest).18th of 146
- Sales growth+13.7% against a typical +13.1% from a year earlier.58th of 117
- Share price, 3 months−10.3% against a typical −4.5%.96th of 134
- Size₹ 33.2 Cr. market value against a typical ₹ 156.5 Cr. (1st = largest).101st of 135
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 27 May 2026 | Financial Results | To consider and approve the Audited Standalone & Consolidated Financial Results of the Company along with the Audit Report for half year and year ended March 31, 2026 |
| 11 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 29 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Sales | 139 | 154 | 150 | 162 | 158 |
| Expenses | 136 | 146 | 149 | 156 | 152 |
| Operating Profit | 3 | 8 | 1 | 6 | 6 |
| OPM % | 2.2% | 5% | 0.6% | 3.8% | 3.5% |
| Other Income | 2 | 1 | 1 | 2 | 1 |
| Interest | 2 | 2 | 2 | 1 | 2 |
| Depreciation | 2 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 7 | −1 | 6 | 4 |
| Tax % | 25% | 25% | −18% | 27% | 27% |
| Net Profit | 0 | 5 | −1 | 4 | 3 |
| EPS in Rs | 0.37 | 4.1 | −0.45 | 2.44 | 1.65 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 1%
- 3 Years
- −3%
- TTM
- 5%
- 10 Years
- —
- 5 Years
- −6%
- 3 Years
- −3%
- TTM
- 692%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 9%
- 3 Years
- 5%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Newmalayalam Steel | ₹ 22.20 | ₹ 33 Cr. | 7x | 0.5x | 7% | — |
| JSW Steel | ₹ 1,187.00 | ₹ 2,90,275 Cr. | 43.9x | 3.2x | — | 14.8% |
| Tata Steel | ₹ 167.25 | ₹ 2,08,786 Cr. | 19x | 2.2x | — | 4.7% |
| Jindal Steel | ₹ 1,012.00 | ₹ 1,04,634 Cr. | 29x | 2.3x | — | 4.8% |
| Lloyds Metals And Energy | ₹ 1,780.40 | ₹ 1,00,195 Cr. | 27x | 7.4x | — | 22.3% |
| Steel Authority of India | ₹ 165.00 | ₹ 70,012 Cr. | 20.5x | 1.3x | — | 3.8% |
Management
- Mahendra Kumar Jain
- Executive Chairman of the Board
- Cyriac Vazhappilly Varghese
- Chief Financial Officer, Director
- Shravan Kannan Dev
- Compliance Officer, Company Secretary
- Vazhappily Davis Varghese
- Managing Director, Executive Director
- Divyakumar Jain
- Executive Director
- Molly Varghese
- Whole-Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.