As of 6 Nov 2026, German Green Steel and Power trades at 10.3× trailing earnings, below the industry P/E of 19.9×, and the shares are 25% below their 52-week high. It earns ROCE of 21% and ROE of 23%, and sales and net profit grew 14% and 37% a year over 3 years. Debt is 0.81× equity. It is a small-cap company with a market cap of ₹809 Cr, ranked 63rd of 150 Steel companies by market cap; the shares fell 16% over the past year.
- ₹112.20
- ₹112.20
- ₹104.64
- ₹114.92
- 10.4 L
Health check
- ReturnsBehind
−16.4% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 10.3 vs industry 19.9.
- GrowthStrong
Sales +14.4%, profit +36.8% a year over 3 years.
- ProfitabilityStrong
ROCE 20.8% vs peer median 18.7%.
- Balance sheetFair
Debt 0.81× equity, interest covered 5.6×, Piotroski 7 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹809 Cr
- Small cap
- P/E
- 10.3
- Industry 19.9
- Price to book
- 1.39
- Peers 2.28
- Dividend yield
- 0.00%
- ROE
- 23.4%
- Peers 23.4%
- ROCE
- 20.8%
- Peers 18.7%
- Debt to equity
- 0.81
- Debt ₹343 Cr
- EPS (TTM)
- ₹10.47
- Face value ₹10
- OPM (TTM)
- 8.3%
- Net margin 4.7%
- Sales growth
- +0.8%
- Latest quarter vs a year ago
- Profit growth
- −4.6%
- Latest quarter vs a year ago
- Price to sales
- 0.48
- EV/EBITDA 5.5
Strengths and risks
Strengths
- Return on equity of 23.4%.
- Return on capital employed of 20.8%.
- P/E of 10.3 against an industry P/E of 19.9.
- Positive operating cash flow in each of the last 4 years.
About German Green Steel and Power
German Green Steel and Power Limited manufactures and distributes iron and steel products. The company's products include TMT Bars, MS Billets, and Sponge Iron. German Green Steel And Power Limited was formerly known as Haq Steels and Metaliks Limited and changed its name to German Green Steel And Power Limited in May 2018. The company was founded in 1976 and is based in Ahmedabad, India.
- Headquarters
- Ahmedabad
- Sector
- Basic Materials
- ISIN
- INE0D4501011
- Website
- germansteel.in
Price range
- Avg volume (3M)
- 44.8 L
- 1-year return
- minus 16.4%
- From 52-week high
- minus 24.8%
Peers · Steel
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| JSWSTEELJSW Steel | 1,357.10 | plus 0.11% | 3,31,265 | 11.7 | 12.2 | 18.7% | 17.7% | 0.62 | 3.6% | plus 14.7% |
| TATASTEELTata Steel | 186.30 | plus 2.36% | 2,32,397 | 21.1 | 9.1 | 11.3% | 15.2% | 0.89 | −1.6% | plus 1.5% |
| JINDALSTELJindal Steel | 1,165.00 | plus 1.31% | 1,18,594 | 41.5 | 14.9 | 7.5% | 15.9% | 0.42 | −13.1% | plus 6.4% |
| LLOYDSMELloyds Metals And Energy | 1,785.50 | minus 1.38% | 1,00,482 | 19.1 | 18.8 | 19.4% | 37.4% | 1.23 | 71.3% | plus 37.4% |
| SAILSteel Authority of India | 171.60 | minus 0.41% | 70,880 | 12.6 | 8.1 | 7.2% | 12.9% | 0.50 | 2.0% | plus 24.7% |
| NMDCNMDC | 70.40 | minus 0.01% | 61,894 | 8.3 | 6.2 | 28.4% | 30.0% | 0.19 | 22.0% | minus 5.2% |
| APLAPOLLOAPL Apollo Tubes | 2,185.30 | minus 0.41% | 60,677 | 46.3 | 32.7 | 28.0% | 8.2% | 0.17 | 12.6% | plus 23.3% |
| GERMANGerman Green Steel and Power | 107.34 | minus 6.60% | 809 | 10.3 | 6.8 | 20.8% | 8.3% | 0.81 | 14.4% | minus 16.4% |
| Median of 7 peers | – | −0.01% | 1,00,482 | 19.1 | 12.2 | 18.7% | 15.9% | 0.50 | 3.6% | 14.7% |
Quarterly results
| ₹ Cr | Mar 25 | Jun 25 | Jun 26 |
|---|---|---|---|
| 528 | 459 | 463 | |
| 494 | 415 | 419 | |
| 33.9 | 44.1 | 44.5 | |
| 6.4% | 9.6% | 9.6% | |
| 0.2 | 1.8 | 4.5 | |
| −1.7 | 10.2 | 11.4 | |
| 4 | 4.3 | 5.8 | |
| −0.2 | – | – | |
| 31.5 | 31.5 | 31.8 | |
| 11.6% | 27.7% | 31.9% | |
| 27.9 | 22.6 | 21.5 | |
| – | 3.00 | 2.86 |
Profit & loss
- Sales CAGR 3Y
- +14.4%
- Profit CAGR 3Y
- +36.8%
- EPS CAGR 3Y
- +36.8%
- ROE
- 23.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,120 | 1,130 | 1,508 | 1,679 | |
| – | +0.9% | +33.4% | +11.4% | |
| 1,068 | 1,050 | 1,386 | 1,512 | |
| 52.2 | 80.1 | 122 | 167 | |
| 4.7% | 7.1% | 8.1% | 10.0% | |
| 5.3 | 7.3 | −14 | −16 | |
| 6.7 | 21.2 | 19.3 | 23.8 | |
| 5.2 | 9.6 | 14.7 | 20.6 | |
| 2.7 | −0.4 | −0 | 3 | |
| 48.3 | 56.2 | 73.6 | 110 | |
| 35.4% | 25.8% | 18.6% | 27.2% | |
| 31.2 | 41.7 | 59.9 | 79.9 | |
| – | +33.6% | +43.9% | +33.3% | |
| 4.14 | 5.53 | 7.96 | 10.60 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 24.5 | 24.5 | 68.7 | 70.6 | |
| 93.8 | 135 | 208 | 335 | |
| 142 | 199 | 349 | 343 | |
| 114 | 201 | 390 | 471 | |
| 375 | 560 | 1,015 | 1,220 | |
| 223 | 275 | 509 | 657 | |
| 25.4 | 54 | 162 | 161 | |
| 0 | 0.7 | 0.7 | 0.6 | |
| 0.6 | 9.2 | 16.2 | 18.7 | |
| 126 | 220 | 327 | 383 | |
| 375 | 560 | 1,015 | 1,220 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 57.9 | 28.4 | 74.4 | 141 | |
| −63.4 | −63.1 | −224 | −135 | |
| −21.5 | 34.7 | 151 | −6.8 | |
| −27 | −0.1 | 1.6 | −0.9 | |
| −70.6 | −77.8 | −246 | −133 | |
| −12.7 | −49.4 | −172 | 7.6 |
Shareholding pattern
- Promoters68.54%
- Public31.46%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 1 Oct 2026 | 68.54% | 31.46% | 0.00 | |
| 30 Sep 2026 | 68.54% | 31.46% | – |
Major shareholders
Filings & events
News
No recent news coverage found.