Bihar Sponge Iron

Bihar Sponge Iron ROE

The Return on Equity (ROE) of Bihar Sponge Iron (500058.BO) as of Oct 28, 2026 is -33.28 %. In the previous year, Return on Equity (ROE) was -22.92 % — a change of 45.22% (lower).

ROE

-33.28 %

YoY

45.22%

Last updated:

In 2026, Bihar Sponge Iron's return on equity (ROE) was -33.28 %, a 45.22% increase from the -22.92 % ROE in the previous year.

The Bihar Sponge Iron ROE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROE
Date
ROE
Jan 1, 2019
0.13 INR
Jan 1, 2020
0.94 INR
Jan 1, 2021
-4.74 INR
Jan 1, 2022
-10.97 INR
Jan 1, 2023
-19.20 INR
Jan 1, 2024
-13.35 INR
Jan 1, 2025
-22.92 INR
Jan 1, 2026
-33.28 INR
The Bihar Sponge Iron ROE history
YEARROEYoY
-33.28 %+45.22%
-22.92 %+71.63%
-13.35 %-30.46%
-19.20 %+74.99%
-10.97 %+131.59%
-4.74 %-602.31%
0.94 %+652.72%
0.13 %-11.52%
0.14 %-96.75%
4.35 %-38.64%
7.10 %-25.91%
9.58 %-69.34%
31.23 %—

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Bihar Sponge Iron Stock analysis

What does Bihar Sponge Iron do? Bihar Sponge Iron Ltd. manufactures and sells sponge iron, a pre-reduced ferrous material used by secondary steel producers in the construction and infrastructure sectors. The company operates three kilns with an annual capacity of 2,10,000 metric tons, producing sponge iron for use as a substitute for steel scrap in induction and electric arc furnaces. Its primary customers are secondary steel producers who rely on sponge iron for their manufacturing processes. The firm's plant is located at Umesh Nagar, Chandil, in district Saraikela Kharsawan, Jamshedpur, where it produces sponge iron from three kilns. The company's product, sponge iron, serves as a key input for steel producers, particularly those operating in the construction and infrastructure industries. Bihar Sponge Iron Ltd. focuses on the production and sale of this pre-reduced iron material without engaging in other business activities. Bihar Sponge Iron is one of the most popular companies on Eulerpool.

ROE Details

Decoding Bihar Sponge Iron's Return on Equity (ROE)

Bihar Sponge Iron's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Bihar Sponge Iron's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Bihar Sponge Iron's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Bihar Sponge Iron’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Bihar Sponge Iron stock

Return on Equity (ROE) of Bihar Sponge Iron is -33.28 % in 2026.

Return on Equity (ROE) of Bihar Sponge Iron changed from -22.92 % to -33.28 %, representing a 45.22% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Equity (ROE) Bihar Sponge Iron since 2006 – with annual values, charts, and detailed analysis.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Equity (ROE)'s Bihar Sponge Iron with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Equity (ROE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Equity (ROE).

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Profitability — Bihar Sponge Iron

ROEROAROCEROICAsset TurnoverInventory TurnoverReceivables TurnoverDays Sales OutstandingDays Inventory OutstandingDays Payable OutstandingCash Conversion CycleCROICGross Profit/AssetsFixed Asset TurnoverEquity TurnoverWorking Capital TurnoverPayables TurnoverCapital IntensityReceivables/RevenueInventory/RevenueEBIT/Assets

All Key Metrics — Bihar Sponge Iron