About
Inducto Steels Limited, a ship recycling company, engages in the ship breaking of old and used ships in India. It is also involved in trading and investment activities; and trades in metal scraps, coals, aluminum foils, graphite electrodes, and other industrial inputs. The company was incorporated in 1988 and is based in Mumbai, India.
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 79.38 | 64.84 | 33.29 | 21.72 | 45.85 | 40.19 | 33.59 | 46.15 | 38.65 | 20.73 | 22.25 | 43.33 | 17.74 |
| Expenses | 73.71 | 62.17 | 32.68 | 22.55 | 45.29 | 39.24 | 33.66 | 49.23 | 39.01 | 20.52 | 21.39 | 41.48 | 18.33 |
| Operating Profit | 5.67 | 2.67 | 0.61 | -0.83 | 0.56 | 0.95 | -0.07 | -3.08 | -0.36 | 0.21 | 0.86 | 1.85 | -0.59 |
| OPM % | 7.14 | 4.12 | 1.83 | -3.82 | 1.22 | 2.36 | -0.21 | -6.67 | -0.93 | 1.01 | 3.87 | 4.27 | -3.33 |
| Other Income | 0.38 | 0.15 | 0.10 | 0.18 | 0.03 | -0.18 | 0.26 | 0.03 | 0.27 | 0.03 | 0.14 | 0.30 | 1.30 |
| Depreciation | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.10 | 0.08 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 |
| Interest | 4.24 | 0.66 | 0.62 | 0.29 | 0.83 | 0.32 | 0.89 | 0.19 | 0.76 | 0.36 | 0.76 | 1.09 | 1.35 |
| Profit before tax | 1.72 | 2.07 | 0.00 | -1.03 | -0.33 | 0.36 | -0.80 | -3.32 | -0.92 | -0.19 | 0.17 | 0.99 | -0.71 |
| Tax % | 25.58 | 33.33 | — | -27.18 | -24.24 | 86.11 | -25.00 | -31.93 | 0.00 | -10.53 | 29.41 | 8.08 | -1.41 |
| Net Profit | 1.29 | 1.39 | 0.14 | -0.75 | -0.25 | 0.06 | -0.59 | -2.27 | -0.92 | -0.17 | 0.12 | 0.91 | -0.70 |
| EPS in Rs | 3.21 | 3.46 | 0.35 | -1.87 | -0.62 | 0.15 | -1.47 | -5.65 | -2.29 | -0.42 | 0.30 | 2.27 | -1.74 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 166.00 | 159.00 | 104.00 | 90.00 | 57.00 | 3.00 | 46.00 | 76.00 | 21.00 | 23.00 |
| Expenses | 163.00 | 161.00 | 102.00 | 88.00 | 55.00 | 4.00 | 47.00 | 74.00 | 22.00 | 25.00 |
| Operating Profit | 3.00 | -3.00 | 2.00 | 2.00 | 3.00 | -1.00 | -1.00 | 2.00 | -1.00 | -2.00 |
| OPM % | 1.80 | -1.60 | 2.20 | 1.80 | 5.00 | -37.00 | -2.90 | 2.10 | -4.20 | -8.00 |
| Other Income | 0.00 | 0.00 | 2.00 | 1.00 | 0.00 | 0.00 | 2.00 | 0.00 | 2.00 | 4.00 |
| Interest | 2.00 | 2.00 | 4.00 | 1.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 2.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 1.00 | -5.00 | 0.00 | 1.00 | 3.00 | -1.00 | 0.00 | 1.00 | 0.00 | 1.00 |
| Tax % | 25.00 | -21.00 | 35.00 | 43.00 | 12.00 | 0.00 | 26.00 | 43.00 | 38.00 | 30.00 |
| Net Profit | 1.00 | -4.00 | 0.00 | 1.00 | 2.00 | -1.00 | 0.00 | 0.00 | 0.00 | 1.00 |
| EPS in Rs | 1.34 | -9.26 | 0.40 | 1.44 | 5.63 | -3.46 | 0.42 | 1.07 | 0.60 | 1.47 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Reserves | 36.00 | 35.00 | 39.00 | 39.00 | 38.00 | 36.00 | 38.00 | 37.00 | 37.00 | 37.00 |
| Borrowings | 9.00 | 16.00 | 3.00 | 16.00 | 5.00 | 5.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 93.00 | 1.00 | 1.00 | 1.00 | 35.00 | 0.00 | 0.00 | 12.00 | 0.00 | 25.00 |
| Total Liabilities | 142.00 | 57.00 | 47.00 | 59.00 | 83.00 | 45.00 | 42.00 | 53.00 | 41.00 | 66.00 |
| Fixed Assets | 4.00 | 4.00 | 2.00 | 3.00 | 3.00 | 2.00 | 3.00 | 1.00 | 1.00 | 1.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 21.00 | 22.00 | 25.00 | 35.00 | 22.00 | 39.00 | 34.00 | 31.00 | 34.00 | 3.00 |
| Other Assets | 117.00 | 31.00 | 20.00 | 22.00 | 58.00 | 4.00 | 6.00 | 21.00 | 6.00 | 62.00 |
| Total Assets | 142.00 | 57.00 | 47.00 | 59.00 | 83.00 | 45.00 | 42.00 | 53.00 | 41.00 | 66.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 29.00 | -12.00 | -1.00 | -6.00 | -1.00 | 1.00 | 4.00 | -2.00 | 32.00 | -52.00 |
| Cash from Investing Activity | 1.00 | 1.00 | 11.00 | -13.00 | 17.00 | -5.00 | -4.00 | 3.00 | -32.00 | 54.00 |
| Cash from Financing Activity | -9.00 | 11.00 | -16.00 | 15.00 | -5.00 | 4.00 | 0.00 | -1.00 | 0.00 | -2.00 |
| Net Cash Flow | 21.00 | 0.00 | -6.00 | -4.00 | 10.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Free Cash Flow | 29.00 | -14.00 | -1.00 | -7.00 | -2.00 | 1.00 | 2.00 | -2.00 | 32.00 | -52.00 |
| CFO/OP % | 991.00 | 458.00 | -35.00 | -374.00 | -34.00 | -92.00 | -304.00 | -129.00 | -3,678.00 | 2,827.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 20.00 | 24.00 | 11.00 | 10.00 | 94.00 | 12.00 | 14.00 | 8.00 | 2.00 | 15.00 |
| Inventory Days | 162.00 | 32.00 | 46.00 | 37.00 | 149.00 | 18.00 | 1.00 | 79.00 | 10.00 | 321.00 |
| Days Payable | 205.00 | 1.00 | 0.00 | 0.00 | 245.00 | 0.00 | 0.00 | 58.00 | 0.00 | 334.00 |
| Cash Conversion Cycle | -23.00 | 55.00 | 57.00 | 47.00 | -2.00 | 30.00 | 15.00 | 29.00 | 11.00 | 2.00 |
| Working Capital Days | -23.00 | 22.00 | 46.00 | -14.00 | -4.00 | -493.00 | 15.00 | 38.00 | 80.00 | 566.00 |
| ROCE % | 6.00 | -5.00 | 7.00 | 4.00 | 6.00 | -3.00 | 1.00 | 4.00 | 2.00 | — |
Corporate Actions
9 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 18 Sep 2014 | — | — | — | Annual Book Closure |
| Dividend | 18 Sep 2013 | — | — | 3.50 | |
| Dividend | 14 Sep 2012 | — | — | 3.00 | |
| Dividend | 19 Sep 2011 | — | — | 2.50 | |
| Dividend | 17 Sep 2010 | — | — | 2.00 | |
| Dividend | 17 Sep 2009 | — | — | 1.50 | |
| Dividend | 16 Sep 2008 | — | — | 1.00 | |
| Dividend | 06 Sep 2007 | — | — | 0.50 | |
| Dividend | 07 Sep 2006 | — | — | 0.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update19 Mar from smera
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Rating update19 Dec 2024 from smera
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Rating update21 Sep 2023 from smera
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Rating update23 Aug 2022 from smera
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Rating update25 May 2021 from smera
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Rating update13 Nov 2019 from care