---
title: "Nova Electro Magnetics Ltd (NOVAELEMAG) — Share Price, Financials & Analysis"
symbol: "NOVAELEMAG"
company: "Nova Electro Magnetics Ltd"
canonical: "https://tapetide.com/stocks/NOVAELEMAG"
nse_symbol: "NOVAELEMAG"
generated_at: "2026-10-13T11:00:18.389Z"
---

# Nova Electro Magnetics Ltd (NOVAELEMAG)

Canonical page: https://tapetide.com/stocks/NOVAELEMAG

## Company

- **NSE Symbol:** NOVAELEMAG
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Nova Electro Magnetics Ltd is engaged in the manufactures and markets video cassettes and other consumer electronics.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | -80% | 21% |

## Financial Statements

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2007 | Jun 2008 | Jun 2009 | Jun 2010 | Jun 2011 | Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 9m |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.19 | 1.13 | 0.07 | 0.04 | 0.05 | 0.36 | 0.06 | 0.05 | 0.1 | 0.09 |
| Operating Profit | -0.19 | -1.13 | -0.07 | -0.04 | -0.05 | -0.36 | -0.06 | -0.05 | -0.1 | -0.09 |
| Other Income | -8.18 | 2.04 | -0.71 | 0 | -0.6 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -8.37 | 0.91 | -0.78 | -0.04 | -0.65 | -0.36 | -0.06 | -0.05 | -0.1 | -0.09 |
| Tax % | 0 | 9.89 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -8.37 | 0.82 | -0.78 | -0.04 | -0.65 | -0.36 | -0.06 | -0.05 | -0.1 | -0.09 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2007 | Jun 2008 | Jun 2009 | Jun 2010 | Jun 2011 | Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 16.41 | 16.41 | 16.41 | 16.41 | 16.41 | 16.41 | 16.41 | 16.41 | 16.41 | 16.41 |
| Reserves | -39.97 | -39.15 | -39.93 | -39.97 | -40.62 | -40.98 | -41.04 | -40.95 | -41.05 | -41.14 |
| Borrowings | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 24.37 | 25.52 | 25.42 | 25.45 | 24.3 | 24.72 | 24.76 | 24.64 | 24.7 | 24.78 |
| Total Liabilities | 2.81 | 2.78 | 1.9 | 1.89 | 0.09 | 0.15 | 0.13 | 0.1 | 0.06 | 0.05 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.38 | 0.38 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 2.43 | 2.4 | 1.9 | 1.89 | 0.09 | 0.15 | 0.13 | 0.1 | 0.06 | 0.05 |
| Total Assets | 2.81 | 2.78 | 1.9 | 1.89 | 0.09 | 0.15 | 0.13 | 0.1 | 0.06 | 0.05 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2007 | Jun 2008 | Jun 2009 | Jun 2010 | Jun 2011 | Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.01 | 1.98 | -0.38 | — | — | 0.06 | -0.02 | -0.02 | -0.04 | 0 |
| Cash from Investing Activity | 0 | 0 | 0.38 | — | — | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | 0 | -2 | 0 | — | — | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | -0.01 | -0.02 | 0 | — | — | 0.06 | -0.02 | -0.02 | -0.04 | 0 |
| Free Cash Flow | -0.01 | 1.98 | -0.38 | — | — | 0.06 | -0.02 | -0.02 | -0.04 | 0 |
| CFO/OP | 5 | -184 | 543 | — | — | -17 | 33 | 40 | 40 | 0 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 0 / 9 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 204.8 | Sell |
| EMA (10) | 204.4 | Sell |
| SMA (20) | 210.37 | Sell |
| EMA (20) | 206.57 | Sell |
| SMA (50) | 204.65 | Sell |
| EMA (50) | 206.9 | Sell |
| SMA (100) | 208.19 | Sell |
| EMA (100) | 210.85 | Sell |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 43.87 | Neutral |
| MACD (12,26,9) | -1.67 | Sell |
| Stochastic (14,3,3) | 29.49 | Neutral |
| ADX (14) | 15.22 | Neutral |
| Williams %R (14) | -76.14 | Neutral |
| ATR (14) | 9.07 | High Volatility |
| ROC (12) | -6.6 | Sell |
| Stoch RSI (14) | 29.97 | Neutral |
| UO (7,14,28) | 45.33 | Neutral |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:00:18.389Z.