Steel City Securities Ltd
Incorporated in 1995, Steel City Securities Ltd provides stock broking and e-governance services[1]
- Market Cap ₹ 143 Cr.
- Current Price ₹ 94.6
- High / Low ₹ 106 / 59.8
- Stock P/E 15.1
- Book Value ₹ 75.9
- Dividend Yield 3.17 %
- ROCE 14.3 %
- ROE 10.4 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is providing a good dividend yield of 3.17%.
- Company has been maintaining a healthy dividend payout of 38.7%
- Promoter holding has increased by 1.12% over last quarter.
Cons
- The company has delivered a poor sales growth of -2.32% over past five years.
- Company has a low return on equity of 11.9% over last 3 years.
- Contingent liabilities of Rs.59.7 Cr.
- Company has high debtors of 271 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Stock/ Commodity Brokers Industry: Finance & Investments
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
33.18 | 31.35 | 26.94 | 34.80 | 30.25 | 38.34 | 66.14 | 63.89 | 51.45 | 55.34 | 66.67 | 58.81 | 55.70 | |
22.69 | 21.58 | 19.37 | 21.67 | 21.80 | 29.23 | 47.03 | 48.52 | 39.93 | 40.37 | 47.34 | 42.51 | 44.54 | |
Operating Profit | 10.49 | 9.77 | 7.57 | 13.13 | 8.45 | 9.11 | 19.11 | 15.37 | 11.52 | 14.97 | 19.33 | 16.30 | 11.16 |
OPM % | 31.62% | 31.16% | 28.10% | 37.73% | 27.93% | 23.76% | 28.89% | 24.06% | 22.39% | 27.05% | 28.99% | 27.72% | 20.04% |
0.00 | 0.00 | 0.00 | 0.00 | 0.08 | 0.02 | 0.00 | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 | 3.19 | |
Interest | 1.11 | 1.08 | 0.97 | 1.43 | 1.37 | 0.95 | 2.16 | 1.21 | 0.66 | 0.67 | 0.68 | 0.78 | 0.61 |
Depreciation | 0.93 | 0.87 | 0.88 | 0.99 | 0.68 | 0.64 | 0.90 | 0.96 | 0.88 | 0.71 | 0.67 | 0.73 | 1.07 |
Profit before tax | 8.45 | 7.82 | 5.72 | 10.71 | 6.48 | 7.54 | 16.05 | 13.20 | 10.03 | 13.59 | 17.98 | 14.79 | 12.67 |
Tax % | 34.08% | 33.12% | 32.87% | 34.73% | 33.95% | 33.16% | 29.66% | 33.64% | 25.62% | 26.12% | 27.20% | 26.37% | |
5.56 | 5.24 | 3.85 | 6.99 | 4.38 | 5.11 | 11.44 | 9.00 | 7.11 | 10.57 | 13.82 | 11.21 | 9.45 | |
EPS in Rs | 3.59 | 3.67 | 2.87 | 5.52 | 3.37 | 3.32 | 7.53 | 5.96 | 4.71 | 7.00 | 9.15 | 7.42 | 6.26 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 35.63% | 60.20% | 33.22% | 41.97% | 31.88% | 42.89% | 32.80% | 40.44% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | -2% |
3 Years: | 5% |
TTM: | -3% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 0% |
3 Years: | 16% |
TTM: | -25% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 35% |
1 Year: | 46% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 11% |
3 Years: | 12% |
Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12.38 | 12.38 | 12.38 | 12.38 | 12.38 | 15.11 | 15.11 | 15.11 | 15.11 | 15.11 | 15.11 | 15.11 | 15.11 |
Reserves | 34.10 | 38.69 | 40.84 | 42.86 | 45.42 | 57.40 | 64.23 | 70.81 | 72.88 | 80.43 | 89.72 | 96.44 | 99.54 |
5.83 | 13.20 | 3.47 | 17.67 | 4.81 | 0.04 | 0.03 | 0.12 | 0.07 | 0.85 | 0.08 | 0.78 | 1.75 | |
39.90 | 35.03 | 32.19 | 29.36 | 30.93 | 44.25 | 61.76 | 58.96 | 59.11 | 68.24 | 76.92 | 71.11 | 81.54 | |
Total Liabilities | 92.21 | 99.30 | 88.88 | 102.27 | 93.54 | 116.80 | 141.13 | 145.00 | 147.17 | 164.63 | 181.83 | 183.44 | 197.94 |
5.76 | 5.70 | 5.50 | 4.26 | 4.50 | 6.70 | 7.12 | 8.86 | 9.30 | 9.13 | 9.10 | 25.59 | 25.35 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.34 | 1.69 | 7.33 | 4.10 | 4.10 |
Investments | 0.00 | 0.60 | 0.60 | 1.60 | 2.68 | 3.75 | 4.98 | 6.51 | 5.61 | 5.41 | 6.06 | 6.32 | 6.49 |
86.45 | 93.00 | 82.78 | 96.41 | 86.36 | 106.35 | 129.03 | 129.63 | 131.92 | 148.40 | 159.34 | 147.43 | 162.00 | |
Total Assets | 92.21 | 99.30 | 88.88 | 102.27 | 93.54 | 116.80 | 141.13 | 145.00 | 147.17 | 164.63 | 181.83 | 183.44 | 197.94 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-6.72 | -11.89 | 4.66 | -8.15 | 9.33 | 6.66 | 16.44 | 12.78 | 3.75 | 1.61 | 27.51 | 16.24 | |
2.15 | 1.55 | 2.00 | 0.98 | 0.29 | 10.22 | 0.06 | -1.16 | 1.44 | 2.52 | -3.18 | -10.53 | |
4.66 | 6.29 | -12.36 | 8.54 | -16.31 | -9.17 | -5.00 | -4.81 | -4.25 | -2.75 | -5.79 | -2.95 | |
Net Cash Flow | 0.09 | -4.04 | -5.70 | 1.37 | -6.69 | 7.71 | 11.50 | 6.81 | 0.94 | 1.37 | 18.55 | 2.75 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 366.10 | 498.31 | 533.41 | 509.53 | 549.97 | 511.61 | 292.60 | 275.48 | 299.87 | 424.43 | 315.56 | 270.91 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 366.10 | 498.31 | 533.41 | 509.53 | 549.97 | 511.61 | 292.60 | 275.48 | 299.87 | 424.43 | 315.56 | 270.91 |
Working Capital Days | -27.17 | 146.47 | 160.82 | 243.44 | 222.98 | 129.47 | -0.94 | 4.00 | -38.66 | 55.14 | -50.42 | -114.63 |
ROCE % | 14.31% | 10.34% | 17.65% | 10.99% | 12.05% | 23.28% | 17.19% | 12.28% | 15.46% | 18.54% | 14.33% |
Business Overview:[1]
Company is in the business of retail stock
broking operations in Tamil Nadu, Karnataka, Orissa, Chattisgarh, and Maharashtra. It provides a trading platform for **Capital Market, Futures & Options, Commodities and Currency Derivatives from NSE, BSE, MCX, MSE, and NCDEX. **