Bihar Sponge Iron Ltd vs Newmalayalam Steel Ltd Stock Comparison

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Last Updated on: May 31, 2026

Key Highlights

The Latest Trading Price of Bihar Sponge Iron Ltd is ₹ 14.58 as of 29 May 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 Newmalayalam Steel Ltd changed from 9.2 on March 2025 to 9.2 on March 2025 . This represents a CAGR of 0.00% over 1 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 Newmalayalam Steel Ltd changed from ₹ 40.37 crore on March 2025 to ₹ 40.37 crore on March 2025 . This represents a CAGR of 0.00% over 1 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 Newmalayalam Steel Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 revenue of ₹ 0 crore. This represent the decline of 0% 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 Newmalayalam Steel Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 ebitda of ₹ 0 crore. This represent the decline of 0% 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 Newmalayalam Steel Ltd changed from ₹ 0 crore to ₹ 0 crore over 8 quarters. This represents a CAGR of 0.0% 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 Newmalayalam 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 Newmalayalam Steel Ltd

Newmalayalam Steel Limited was incorporated on March 31, 2017 as NewMalayalam Steel Private Limited', a Private Limited Company with Registrar of Companies, Central Registration Centre.
Further, Company was converted into a Public Limited Company and the name was changed to Newmalayalam Steel Limited' and a fresh Certificate of Incorporation dated February 1, 2024 was issued by the Central Processing Centre.
Company is engaged in manufacturing galvanised pipes, tubes, and sheets. The Company took over the entire business of M/s.
Demac Steel on a going concern basis, through the Business Transfer Agreement in August 2017.
In 2018, the Company commenced manufacturing of galvanised pipes, tubes, and sheets by installing another electric resistance welding tube mill of an installed capacity of 3,500 MT in their manufacturing unit at Thrissur, in Kerala.

FAQs for the comparison of Bihar Sponge Iron Ltd and Newmalayalam Steel Ltd

Which company has a larger market capitalization, Bihar Sponge Iron Ltd or Newmalayalam Steel Ltd?

Market cap of Bihar Sponge Iron Ltd is 131 Cr while Market cap of Newmalayalam Steel Ltd is 44 Cr

What are the key factors driving the stock performance of Bihar Sponge Iron Ltd and Newmalayalam Steel Ltd?

The stock performance of Bihar Sponge Iron Ltd and Newmalayalam 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 Newmalayalam Steel Ltd?

As of May 31, 2026, the Bihar Sponge Iron Ltd stock price is INR ₹14.58. On the other hand, Newmalayalam Steel Ltd stock price is INR ₹25.75.

How do dividend payouts of Bihar Sponge Iron Ltd and Newmalayalam Steel Ltd compare?

To compare the dividend payouts of Bihar Sponge Iron Ltd and Newmalayalam 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.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.