ISMT Ltd

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NSEBSE

91.301.80 (2.01%)

03:52 PM,1st Mar 2024

91.151.75 (1.96%)

04:01 PM,1st Mar 2024

BSE : 532479

NSE : ISMTLTD

Sector : Metals & Mining

ISIN Code : INE732F01019

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Last Updated: Mar 01 2024 | 04:01 PM IST

Market Cap (₹ Cr)

2743

Turnover (₹ Cr)

0.24

Volume (Shares)

267306

Face Value

5

52-WK High

112.25

52-WK High Date

30 Jan 2024

52-WK Low

65.90

52-WK Low Date

27 Mar 2023

All Time High

140.00

All Time High Date

31 Dec 2007

All Time Low

1.85

All Time Low Date

25 Mar 2020

ISMT Ltd

ISMT Limited began life as `The Indian Seamless Metal Tubes Limited'. Incorporated on 29th July 1977 as a public limited company raised Rs. 45 lacs through Initial Public Offering and commenced production of Seamless Tubes in the year 1980 with an installed capacity of 15000 MTPA. The Company is the largest integrated manufacturer of precision seamless tubes tubular components and steels in the Asia Pacific Region. The Company is mainly engaged in manufacturing of seamless tubes and engineering steels.Apart from tubes ISMT Limited also manufactures a wide range of value added products for each of these industries. These include items such as bearing rings gear blanks shifter sleeves cages for constant velocity joints swaged & machined axles threaded and coupled casings couplings and a host of similar products. The group companies include ISMT North America Taneja Aerospace and Aviation Limited (TAAL) Structo Hydraulics AB Sweden and ISMT Europe Sweden. ISMT has one of the most modern alloy steel plants in India. The factory located at Jejuri (within a 100 km radius of ISMT's Tube plants) has a capacity of 190000 MT per annum. Product Range ISMT is one of the largest and most diversified manufacturers of specialized seamless tubes in the world producing tubes varying from 6mm to 273mm. The tube plants of ISMT Limited at Ahmednagar and Baramati are both within a radius of 100 kms of Pune where ISMT is headquartered. In the year 1990 the production capacity of the company was raised to 50000 metric tons per annum with the addition of a second Assel Mill. The Indian Seamless Metal Tubes Limited promoted another company during the year 1995 under the name of Indian Seamless Steels and Alloys Ltd. (ISSAL) to produce alloy steel the raw material used in the manufacture of seamless tubes. In April of the year 2000 the company had acquired Kalyani Seamless Tubes Ltd. (KSTL). The Indian Seamless Metal Tubes Ltd and Indian Seamless Steels and Alloys Ltd merged in the year 2005 resulted the ISMT Limited was born. The Company had changed its name from the Indian Seamless Metal Tubes Limited to ISMT Limited in end of the year 2005. During the year 2005-06 the wholly owned subsidiary Indian Seamless Power Limited was ceased to be a subsidiary company. During the year 2007 in the month of June ISMT through its subsidiaries and affiliates had acquired 100% stake in Structo Hydraulics (Structo). Structo Hydraulics is engaged in manufacturing of tubular components for the hydraulic cylinder industry with an annual turnover of Rs 3000 million. As at July 2007 the company received an ISO 14001 and OHSAS 18001 certifications for its Environment Health & Safety implementation. The Company is currently using the de-bottlenecking and modernization process to raise its capacity in the immediate future. It plans to increase the 155000 tpa tube capacity to 200000 tpa. Moreover the steel capacity of the company which is already manufacturing at the rate of 240000 tpa will be raised to 350000 tpa.On May 8 2010 ISMT commenced commercial production of its Tube expansion project at Baramati. At the same time incremental steel making capacity at the steel plant in Jejuri also started commercial production on 27th September 2010.The Company commissioned 40 MW Captive Power Plant located at Chandrapur district (Maharashtra) in May 2012.During FY2019-20 the Company acquired stake in its step down subsidiary viz. Structo Hydraulics AB Sweden (Structo) by acquiring 4073627 shares (95.1%) and accordingly Structo became a direct subsidiary of the Company.Kirloskar Ferrous Industries Limited (KFIL) acquired majority stake in the Share Capital of the Company(i.e. 51.25%) making ISMT a subsidiary of KFIL w.e.f March 10 2022.

ISMT Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

2743

EPS - TTM (₹) [S]

4.84

P/E Ratio (X) [S]

1.95

Face Value (₹) 5
Latest Dividend (%)15.00
Latest Dividend Date 13 Sep 2012
Dividend Yield (%) -
Book Value Share (₹) [S]46.78
P/B Ratio (₹) [S]1.95
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

90.00

92.35

Week Low/High

88.10

99.00

Month Low/High

88.10

109.00

Year Low/High

65.90

112.00

All time Low/High

2.00

140.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-5.19%-5.49%0.820.57%
1 Month-13.38%-13.34%2.932.96%
3 Month-3.37%-3.18%9.2810.22%
6 Month12.86%12.79%12.7814.94%
1 Year32.01%32.22%24.1328.01%
3 Year764.58%773.68%47.9351.33%

Company Info

Company Information

Independent Director : Kanakraj Madhavan

Chairman (Non-Executive) : Rahul C Kirloskar

Managing Director : Nishikant Ektare

Independent Director : Shalini Sarin

Independent Director : Venkataramani Sathya Moorthy

Vice Chairman : R V Gumaste

Registered Office: Lunkad Towers, Viman Nagar,Pune,Maharashtra-411014 Ph: 91-20-41434100

Email:secretarial@ismt.co.in

URL:http://www.ismt.co.in