Bihar Sponge Iron Ltd vs Eastcoast Steel Ltd Stock Comparison
Bihar Sponge Iron Ltd vs Eastcoast Steel Ltd Stock Comparison
Last Updated on: Jun 01, 2026
Key Highlights
The Latest Trading Price of Bihar Sponge Iron Ltd is ₹ 13.86 as of 01 Jun 15:30
. The P/E Ratio of Bihar Sponge Iron Ltd changed from 4.8 on March 2021 to 11.3 on March 2025 . This represents a CAGR of 18.68% over 5 yearsThe P/E Ratio of Eastcoast Steel Ltd changed from 1 on March 2021 to 0 on March 2025 . This represents a CAGR of -100.00% over 5 years The Market Cap of Bihar Sponge Iron Ltd changed from ₹ 19.21 crore on March 2021 to ₹ 117.27 crore on March 2025 . This represents a CAGR of 43.59% over 5 yearsThe Market Cap of Eastcoast Steel Ltd changed from ₹ 35.75 crore on March 2021 to ₹ 9.91 crore on March 2025 . This represents a CAGR of -22.63% over 5 years The revenue of Bihar Sponge Iron Ltd for the Mar '26 is ₹ 22.48 crore as compare to the Dec '25 revenue of ₹ 95.67 crore. This represent the decline of -76.5% The revenue of Eastcoast Steel Ltd for the Mar '26 is ₹ 17.38 crore as compare to the Dec '25 revenue of ₹ 0.32 crore. This represent the growth of 5331% The ebitda of Bihar Sponge Iron Ltd for the Mar '26 is ₹ 2.04 crore as compare to the Dec '25 ebitda of ₹ 7.22 crore. This represent the decline of -71.75% The ebitda of Eastcoast Steel Ltd for the Mar '26 is ₹ 0.38 crore as compare to the Dec '25 ebitda of ₹ 0.11 crore. This represent the growth of 245.45% The net profit of Bihar Sponge Iron Ltd changed from ₹ 3.69 crore to ₹ 1.25 crore over 8 quarters. This represents a CAGR of -41.80%
The net profit of Eastcoast Steel Ltd changed from ₹ 0.27 crore to ₹ 0.3 crore over 8 quarters. This represents a CAGR of 5.41%
The Dividend Payout of Bihar Sponge Iron Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Dividend Payout of Eastcoast Steel Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .
About Bihar Sponge Iron Ltd
Incorporated at Patna, Bihar, on 16 April, 1982, Bihar Sponge Iron Limited is an Indo-German venture, promoted in the joint sector by Modi Industries, Modi Rubber and their Associates, along with the Bihar State Industrial Development Corporation Limited (BSIDC) and Lurgi, Germany.
It is the first merchant sponge iron plant in India.
The Plant is located in Saraikela Kharsawan, Jharkhand.
The Company produces sponge iron from three kilns with an installed capacity of 2,10,000 MT per annum.
The Company's primary product, sponge iron, is a high quality pre reduced ferrous material and, therefore, is preferred to most other materials in place of steel scrap by secondary steel producers operating induction and electric arc furnaces for producing long products for meeting the demand of the construction and infrastructure sectors.
About Eastcoast Steel Ltd
Eastcoast Steel Limited was formerly incorporated on August 20, 1962 as Chudiwala Steels Limited.
The Company was converted into a Public Limited in September, 1988 and the name was changed to Eastcoast Steel Limited during the period 1996-97.
It was promoted by Western Ministeel Limited.
It manufactures mild steel billets, medium steel billets, low alloy steel billets, carbon steel, spring steel and forging - grade steel.
These products are consumed by the re-rolling industry to produce various sections of steel as required by the construction and engineering industry.
It came out with a rights issue in Dec.'92 to part-finance the expansion of capacity from one lac tpa to 1.5 tpa.
The Steel Plant of the Company at Pondicherry was operational till 1995 and Company ceased to operate its Steel Plant in 1995 and since then, there has been no activity in the Company.
FAQs for the comparison of Bihar Sponge Iron Ltd and Eastcoast Steel Ltd
Which company has a larger market capitalization, Bihar Sponge Iron Ltd or Eastcoast Steel Ltd?
Market cap of Bihar Sponge Iron Ltd is 125 Cr while Market cap of Eastcoast Steel Ltd is 9 Cr
What are the key factors driving the stock performance of Bihar Sponge Iron Ltd and Eastcoast Steel Ltd?
The stock performance of Bihar Sponge Iron Ltd and Eastcoast Steel Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.
What are the recent stock price for Bihar Sponge Iron Ltd and Eastcoast Steel Ltd?
As of June 1, 2026, the Bihar Sponge Iron Ltd stock price is INR ₹13.86. On the other hand, Eastcoast Steel Ltd stock price is INR ₹17.05.
How do dividend payouts of Bihar Sponge Iron Ltd and Eastcoast Steel Ltd compare?
To compare the dividend payouts of Bihar Sponge Iron Ltd and Eastcoast Steel Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
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