Bihar Sponge Iron (BOM:500058) Tax Expense: ₹0 Mil (TTM As of Mar. 2026)

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BOM:500058 Bihar Sponge Iron Ltd BOM:500058
54 GF Score
Price ₹13.07
GF Value ₹10.38
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Bihar Sponge Iron Tax Expense?

Bihar Sponge Iron BOM:500058 +0.54% 54 Tax Expense is ₹0 Mil as of Mar. 2026. GuruFocus rates BOM:500058 with a GF Score™ of 54/100 and a GF Value™ of ₹10.38 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Bihar Sponge Iron's tax expense for the months ended in Mar. 2026 was ₹0 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil.


Bihar Sponge Iron  (BOM:500058) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Bihar Sponge Iron Tax Expense Related Terms


Bihar Sponge Iron Tax Expense Historical Data

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The historical data trend for Bihar Sponge Iron's Tax Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bihar Sponge Iron Tax Expense Chart

Bihar Sponge Iron Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
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Bihar Sponge Iron Quarterly Data
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Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
BOM:500058
54GF Score
Bihar Sponge Iron Ltd BOM:500058
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Bihar Sponge Iron Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of ₹0 Mil mean?
Bihar Sponge Iron (BOM:500058) has a Tax Expense of ₹0 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Bihar Sponge Iron and its competitors.
Is Bihar Sponge Iron's Tax Expense too high?
Bihar Sponge Iron's current Tax Expense is ₹0 Mil. Overall, Bihar Sponge Iron has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bihar Sponge Iron's Tax Expense compare to NUE and STLD?
Bihar Sponge Iron's Tax Expense of ₹0 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for a Steel company?
A good Tax Expense depends on the Steel industry context. However, Tax Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Bihar Sponge Iron and its competitors. Bihar Sponge Iron's current Tax Expense is ₹0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bihar Sponge Iron stock overvalued right now?
Based on GuruFocus' analysis, Bihar Sponge Iron (BOM:500058) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹10.38, compared to a current price of ₹13.07 — trading 25.9% above its estimated fair value. The current Tax Expense is ₹0 Mil. Bihar Sponge Iron's overall GF Score™ is 54/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Bihar Sponge Iron (BOM:500058), the current Tax Expense is ₹0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bihar Sponge Iron (BOM:500058) Overvalued in 2026?

Based on GuruFocus' analysis, Bihar Sponge Iron stock appears to be overvalued. The current stock price of ₹13.07 is trading 25.9% above its estimated GF Value™ of ₹10.38. GuruFocus considers Bihar Sponge Iron to be Modestly Overvalued.

Key valuation signals for BOM:500058:

  • Tax Expense: ₹0 Mil
  • GF Value™: ₹10.38 vs. price of ₹13.07 (25.9% above fair value)
  • GF Score™: 54/100 with 5 warning signs

No single metric tells the full story. See the BOM:500058 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bihar Sponge Iron Business Description

Address Umesh Nagar, Chandil, District Saraikela, Kharsawan, JH, IND, 832401
Bihar Sponge Iron Ltd is India's first merchant sponge iron plant located in Jharkhand. It produces Direct Reduced Iron, commonly known as sponge iron, using indigenous iron ore and non-coking coal. Its plant uses coal-based rotary kiln technology for sponge iron production, with additional facilities such as crushing, sizing, and magnetic separation for raw materials. The plant is strategically located with excellent connectivity to many cities and transportation infrastructure. Bihar Sponge Iron also operates captive power plants to meet its energy needs efficiently. The company's sponge iron serves as a substitute for scrap in steelmaking electric arc and induction furnaces.
54GF Score

Get the complete analysis for BOM:500058

Tax Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹13.07
Price
₹10.38
GF Value