Chennai Ferrous Ind.
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Forensics
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May 23 (Reuters) - Chennai Ferrous Industries Ltd CENN.BO:
MARCH-QUARTER NET LOSS AFTER TAX 11 MILLION RUPEES VERSUS PROFIT 111 MILLION RUPEES
MARCH-QUARTER INCOME FROM OPERATIONS 348 MILLION RUPEES VERSUS 546.4 MILLION RUPEES
Source text for Eikon: ID:nBSE24JQYk
Further company coverage: CENN.BO
(([email protected];))
May 23 (Reuters) - Chennai Ferrous Industries Ltd CENN.BO:
MARCH-QUARTER NET LOSS AFTER TAX 11 MILLION RUPEES VERSUS PROFIT 111 MILLION RUPEES
MARCH-QUARTER INCOME FROM OPERATIONS 348 MILLION RUPEES VERSUS 546.4 MILLION RUPEES
Source text for Eikon: ID:nBSE24JQYk
Further company coverage: CENN.BO
(([email protected];))
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What does Chennai Ferrous Ind. do?
Chennai Ferrous Industries Ltd. produces sponge iron using iron ore. The company, founded in 2010 and based in Gummidipoondi, Tamil Nadu, is engaged in the manufacturing sector.
Who are the competitors of Chennai Ferrous Ind.?
Chennai Ferrous Ind. major competitors are Ashirwad Steels &Ind, Oswal Minerals, Abha Power And Steel, K A Wires, Facor Steels, AML Steels, Elango Industries. Market Cap of Chennai Ferrous Ind. is ₹31 Crs. While the median market cap of its peers are ₹10 Crs.
Is Chennai Ferrous Ind. financially stable compared to its competitors?
Chennai Ferrous Ind. seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Chennai Ferrous Ind. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Chennai Ferrous Ind. latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Chennai Ferrous Ind. allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory, Short Term Loans & Advances
How strong is Chennai Ferrous Ind. balance sheet?
Balance sheet of Chennai Ferrous Ind. is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Chennai Ferrous Ind. improving?
The profit is oscillating. The profit of Chennai Ferrous Ind. is ₹3.4 Crs for TTM, ₹4.01 Crs for Mar 2025 and ₹2.79 Crs for Mar 2024.
Is the debt of Chennai Ferrous Ind. increasing or decreasing?
The net debt of Chennai Ferrous Ind. is decreasing. Latest net debt of Chennai Ferrous Ind. is -₹3.08 Crs as of Mar-26. This is less than Mar-25 when it was -₹0.99 Crs.
Is Chennai Ferrous Ind. stock expensive?
Chennai Ferrous Ind. is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Chennai Ferrous Ind. is 9.09, while 3 year average PE is 11.92. Also latest EV/EBITDA of Chennai Ferrous Ind. is 15.67 while 3yr average is 15.16.
Has the share price of Chennai Ferrous Ind. grown faster than its competition?
Chennai Ferrous Ind. has given lower returns compared to its competitors. Chennai Ferrous Ind. has grown at ~-24.33% over the last 1yrs while peers have grown at a median rate of 0.0%
Is the promoter bullish about Chennai Ferrous Ind.?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Chennai Ferrous Ind. is 67.74% and last quarter promoter holding is 67.74%.
Are mutual funds buying/selling Chennai Ferrous Ind.?
There is Insufficient data to gauge this.