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India Homes Overview

India Steel Works Limited is a public company that manufactures and trades steel products for various industries, both domestically and internationally.The company was incorporated in 1987 as Khanna & Roy Heavy Engineering Private Limited and was taken over by the present promoters in 1990. It was renamed as Isibars Ltd. in 1991 and converted into a public limited company. It was listed on the Bombay Stock Exchange in 1992 It was incorporated in 1987 and listed on the Bombay Stock Exchange in 1992.It has a strong domestic presence, as well as e...Read More

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India Homes Key Financials

Market Cap ₹854 Cr.

Stock P/E -63.8

P/B 38.5

Current Price ₹21.5

Book Value ₹ 0.6

Face Value 1

52W High ₹25.6

Dividend Yield 0%

52W Low ₹ 5.4

India Homes Share Price

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Volume
Price

India Homes Quarterly Price

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India Homes Peer Comparison

India Homes Quarterly Results

#(Fig in Cr.) Dec 2018 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 134 0 0 0 0 0 0 0 0 0
Other Income 1 0 6 0 1 0 0 0 0 1
Total Income 135 0 6 0 1 0 0 0 0 1
Total Expenditure 134 2 1 1 2 1 1 1 1 1
Operating Profit 1 -2 5 -1 -2 -1 -1 -1 -1 1
Interest 3 3 2 2 1 1 1 1 2 0
Depreciation 3 2 2 2 2 2 2 0 0 0
Exceptional Income / Expenses 0 0 6 0 2 0 0 0 0 0
Profit Before Tax -5 -6 6 -4 -2 -3 -3 -1 -3 0
Provision for Tax 0 0 0 0 0 0 0 0 0 0
Profit After Tax -5 -6 6 -4 -2 -3 -3 -1 -3 0
Adjustments 0 -0 0 0 0 0 0 -0 0 -0
Profit After Adjustments -5 -6 6 -4 -2 -3 -3 -1 -3 0
Adjusted Earnings Per Share -0.1 -0.2 0.2 -0.1 -0.1 -0.1 -0.1 -0 -0.1 0

India Homes Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 513 584 1086 949 532 140 144 24 5 1 0 0
Other Income 5 10 14 30 26 38 37 9 2 6 1 1
Total Income 518 594 1100 979 558 178 181 33 7 7 1 1
Total Expenditure 490 564 1062 949 539 177 182 85 25 7 6 4
Operating Profit 28 30 38 30 19 1 -0 -52 -18 0 -5 -2
Interest 11 10 19 17 13 10 9 8 8 10 4 4
Depreciation 15 18 18 8 11 11 8 8 7 8 7 2
Exceptional Income / Expenses 0 0 0 -1 0 0 -3 17 -2 6 2 0
Profit Before Tax 2 2 0 4 -5 -20 -20 -51 -36 -12 -13 -7
Provision for Tax -0 -2 0 0 -0 0 0 0 -0 0 0 0
Profit After Tax 2 4 0 4 -5 -20 -20 -51 -36 -12 -13 -7
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 2 4 0 4 -5 -20 -20 -51 -36 -12 -13 -7
Adjusted Earnings Per Share 0.1 0.1 0 0.1 -0.1 -0.5 -0.5 -1.3 -0.9 -0.3 -0.3 -0.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -100% -100% -100% -100%
Operating Profit CAGR 0% 0% NAN% NAN%
PAT CAGR 0% 0% 0% NAN%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 289% 140% 79% 22%
ROE Average -41% -40% -36% -17%
ROCE Average -7% -10% -11% -3%

India Homes Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 233 237 175 180 174 155 135 86 49 40 26
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 38 36 85 55 51 12 21 19 16 29 47
Other Non-Current Liabilities 25 33 43 73 110 203 169 8 8 6 6
Total Current Liabilities 190 246 247 270 259 208 210 324 334 327 312
Total Liabilities 485 552 550 578 594 577 535 437 407 402 392
Fixed Assets 248 232 228 245 249 239 231 224 216 209 202
Other Non-Current Assets 27 67 82 83 136 239 49 34 32 37 32
Total Current Assets 210 253 239 250 208 99 254 180 158 156 157
Total Assets 485 552 550 578 594 577 535 437 407 402 392

India Homes Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 2 2 2 2 0 1 0 1 0 0 0
Cash Flow from Operating Activities 23 37 19 22 -4 -42 -40 -4 -1 -22 -6
Cash Flow from Investing Activities -22 -18 -16 -18 -5 0 1 -0 0 -0 -0
Cash Flow from Financing Activities -1 -18 -4 -6 9 42 39 3 1 22 6
Net Cash Inflow / Outflow -0 1 -0 -2 0 -0 0 -1 0 -0 0
Closing Cash & Cash Equivalent 2 3 2 0 1 0 1 0 0 0 0

India Homes Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.05 0.1 0.01 0.11 -0.14 -0.49 -0.5 -1.27 -0.9 -0.29 -0.34
CEPS(Rs) 0.44 0.55 0.47 0.32 0.14 -0.23 -0.31 -1.08 -0.72 -0.1 -0.16
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 4.24 4.34 4.39 4.52 4.37 3.88 3.4 2.15 1.22 1 0.66
Core EBITDA Margin(%) 4.05 3.09 2.09 0.06 -1.31 -26.93 -26.3 -257.66 -424.19 -755.5 0
EBIT Margin(%) 2.29 1.91 1.69 2.16 1.49 -7.19 -7.5 -179.66 -589.43 -181.25 0
Pre Tax Margin(%) 0.36 0.36 0.03 0.43 -1.02 -14.1 -13.76 -212.83 -764.18 -1424.6 0
PAT Margin (%) 0.37 0.64 0.03 0.43 -1.01 -14.1 -13.76 -212.83 -764.14 -1424.6 0
Cash Profit Margin (%) 3.04 3.47 1.63 1.3 1.04 -6.5 -8.48 -181.11 -605.27 -495.51 0
ROA(%) 0.49 0.78 0.06 0.74 -0.92 -3.36 -3.56 -10.42 -8.52 -2.87 -3.37
ROE(%) 1.62 2.37 0.2 2.36 -3.04 -11.97 -13.66 -45.86 -53.58 -26.33 -40.52
ROCE(%) 4.95 3.97 6.54 7.39 2.91 -3.78 -4.11 -20.86 -20.91 -1.19 -7.03
Receivable days 25.24 30.52 15.04 12.61 26.1 67.02 29.87 81.06 19.34 0 0
Inventory Days 58.84 70.4 47.97 67.59 117.65 283.1 384.98 3128.94 0 0 0
Payable days 108.47 128.31 78.6 93.72 189.33 554.12 201.17 2009.79 8368.91 0 0
PER(x) 57.22 17.86 507.95 23.62 0 0 0 0 0 0 0
Price/Book(x) 0.72 0.42 1.02 0.55 0.23 0.05 0.22 1.64 1.25 3.21 7.82
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.5 0.34 0.27 0.21 0.25 0.83 1.07 8.57 27.18 269.6 0
EV/Core EBITDA(x) 9.09 6.61 7.7 6.48 6.94 201.85 -358.56 -3.9 -7.08 787.67 -67.43
Net Sales Growth(%) -16.35 13.83 85.96 -12.58 -43.97 -73.76 3.1 -83.45 -80.23 -82.66 -99.08
EBIT Growth(%) 396.88 -7.56 59.99 8.01 -62.26 -226.96 -7.61 -296.2 35.15 94.67 -521.28
PAT Growth(%) 116.87 90.51 -91.35 1100.49 -228.26 -265.76 -0.59 -155.99 29.03 67.67 -15.22
EPS Growth(%) 116.87 90.1 -91.31 1097.73 -228.18 -265.88 -0.59 -156.01 29.04 67.67 -15.24
Debt/Equity(x) 0.32 0.28 0.66 0.54 0.53 0.71 0.93 0.74 1.39 2.34 3.88
Current Ratio(x) 1.1 1.03 0.97 0.93 0.8 0.48 1.21 0.55 0.47 0.48 0.5
Quick Ratio(x) 0.53 0.48 0.3 0.22 0.22 0.16 0.08 0.03 0.06 0.06 0.07
Interest Cover(x) 1.19 1.23 1.02 1.25 0.59 -1.04 -1.2 -5.42 -3.37 -0.15 -2.19
Total Debt/Mcap(x) 0.61 0.91 0.65 0.97 2.34 13.12 4.26 0.45 1.11 0.73 0.5

India Homes Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 48.2 48.05 48.05 48.05 48.05 36.83 36.29 36.29 35.97 35.4
FII 0 0 0 0 0 0 0 0 0 0
DII 1.33 1.33 1.33 1.33 1.33 1.33 1.33 1.26 1.26 1.26
Public 50.47 50.63 50.63 50.63 50.63 61.84 62.39 62.45 62.78 63.34
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

India Homes News

India Homes Pros & Cons

Pros

Cons

  • Promoter holding is low: 35.4%.
  • Company has a low return on equity of -40% over the last 3 years.
  • Stock is trading at 38.5 times its book value.
  • Earnings include an other income of Rs. 1 Cr.
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