Newmalayalam Steel logo

Newmalayalam Steel share price

NSE: NMSTEELIndustrial Products

Newmalayalam Steel Limited · Face value ₹10 · Listed Dec 2024 · Issue price ₹90
Last close ₹20.25down ₹1.95 (8.78%)

Share price at the NSE close on 30 Oct 2026. Previous close ₹22.20.

30 Oct: open ₹20.25, high ₹20.25, low ₹20.25

52-week range of traded prices to 30 Oct 2026
₹17.40Low, 30 Mar 2026₹37.00High, 3 Dec 2025
Market cap
₹35 Cr
P/E
4.98
P/B
0.41
Dividend yield
Nonein the last 12 months
ROE
8.6%
Debt to equity
0.19
Volume, NSE
1,600

Newmalayalam Steel share price chart

Daily closes since Dec 2024, adjusted for splits and bonuses

−33.6%over a year

Results20-session average 7,280 shares a day, 94.0% delivered

Results

Standalone, as consolidated accounts are on record for only 1 of the last ten years; ₹ crore.Newmalayalam Steel half-yearly results

Half year to Mar 2026, against the half year before

Revenue
₹158 Crdown 2.81%
Net profit
₹2.86 Crdown 32.16%
Net margin
1.8%

Revenue by half year

₹154 CrSep 24₹150 CrMar 25₹162 CrSep 25₹158 CrMar 26
Peak revenue ₹162 Cr, half year to Sep 2025; lowest ₹150 Cr, half year to Mar 2025

Net profit by half year, a loss in red

  • Net profit
  • Loss
₹5.19 CrSep 24−₹0.78 CrMar 25₹4.22 CrSep 25₹2.86 CrMar 26
A loss in 1 of the 4 half years shown
₹ croreSep 2024Mar 2025Sep 2025Mar 2026
Revenue154150162158
Net profit5−143
Net margin3.4%−0.5%2.6%1.8%
Standalone. The 4 half years from Sep 2024, the first on record. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Steel tube sector, which carries all its revenue.

Valuation

Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.Newmalayalam Steel PE ratio and valuation

Price to earnings

At or below today's level on 1% of 180 trading days over the last year.

LowestHighest
Its median11.79Industry median18.07
Price to book

At or below today's level on 2% of 180 trading days over the last year.

LowestHighest
Its median0.50Industry median1.54

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−20.1%+60.5%−50.2%0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Newmalayalam Steel shareholding pattern

Shareholding by group

  • Promoters73.23%
  • Indian institutions6.01%
  • Individuals and others20.77%
Holder
V D VarghesePromoter36.39%
DIVYAKUMAR JAINPromoter21.11%
ANKUR JAINPromoter12.32%
NEOMILE GROWTH FUND - SERIES IAlternative investment funds6.01%
MAHENDRA KUMAR JAINPromoter3.08%
CYRIAC VARGHESEPromoter0.27%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Since Mar 2026: promoters +0.21 pts, Indian institutions unchanged.

The filing reports 34,57,600 of its 1,72,87,600 shares locked in.

Newmalayalam Steel competitors and peers

Iron & Steel Products, 145 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to Newmalayalam Steel in market cap. 1 company in the table last traded before then: its row is priced on its last trade.Capital goods stocks

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
M P K Steels (I) logoM P K Steels (I)MPKSTEELS426.880.80––11.6%–0.00%
Visaman Global Sales logoVisaman Global SalesVISAMAN416.860.50––10.9%–0.00%
Metal Coatings (India) logoMetal Coatings (India)METALCO3915.040.88−2.2%+15.4%5.9%5.6%1.90%
Swastik Pipe logoSwastik PipeSWASTIK38–0.25−48.3%–−32.4%–0.00%
Shri Kanha Stainless logoShri Kanha StainlessSHRIKANHA323.680.52––14.2%–0.00%
Umiya Tubes logoUmiya TubesUMIYA296.201.13+12,374.1%–23.9%17.3%0.00%
Mittal Sections logoMittal SectionsMITTALSTL288.200.49––6.0%–0.00%
Ashirwad Steels & Industries logoAshirwad Steels & IndustriesASHSI2813.630.33+27.8%−7.6%2.4%0.8%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Newmalayalam Steel announcements

Newmalayalam Steel share price by year

Each calendar year to 2025.Newmalayalam Steel share price history

YearClose at year endChangeHighest closeLowest close
202531.05−59.8%73.3523.35
202477.20–85.5077.20
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 27 Dec 2024.

Recent sessions

The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
29 Oct 202622.2022.2022.2022.2022.201,600100.0%
28 Oct 202622.2022.2022.2022.2022.201,600100.0%
27 Oct 202622.2522.2522.2522.2522.251,600100.0%
26 Oct 202622.2522.2522.2522.2522.251,600100.0%
23 Oct 202619.2019.2019.2019.2019.201,600100.0%
21 Oct 202622.3022.3522.3022.3522.323,200100.0%
19 Oct 202622.3022.3022.3022.3022.301,600100.0%
16 Oct 202622.3022.3022.3022.3022.304,800100.0%
9 Oct 202623.3023.3023.3023.3023.301,600100.0%
Prices in ₹ per share as traded, not adjusted.

Company details

NSE symbol
NMSTEEL
ISIN
INE0TP801012
Industry
Industrial Products