Scan Steels Ltd
Incorporated in 1990, Scan Steels Ltd manufactures steel products and generates power for captive consumption[1]
- Market Cap ₹ 359 Cr.
- Current Price ₹ 68.5
- High / Low ₹ 94.9 / 30.0
- Stock P/E 30.0
- Book Value ₹ 71.6
- Dividend Yield 0.00 %
- ROCE 7.95 %
- ROE 3.36 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.94 times its book value
- Company has delivered good profit growth of 52.2% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 9.43% over last 3 years.
- Company's cost of borrowing seems high
* 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: Steel Industry: Steel - Medium / Small
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
74 | 472 | 467 | 448 | 387 | 381 | 509 | 695 | 668 | 732 | 1,000 | 1,091 | 983 | |
76 | 475 | 434 | 396 | 379 | 364 | 451 | 652 | 627 | 663 | 914 | 1,042 | 936 | |
Operating Profit | -2 | -3 | 32 | 51 | 8 | 16 | 58 | 43 | 40 | 69 | 86 | 49 | 47 |
OPM % | -3% | -1% | 7% | 11% | 2% | 4% | 11% | 6% | 6% | 9% | 9% | 4% | 5% |
0 | 1 | 1 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 2 | 6 | 3 | |
Interest | 2 | 35 | 34 | 36 | 31 | 13 | 36 | 15 | 15 | 11 | 10 | 20 | 18 |
Depreciation | 0 | 16 | 17 | 12 | 12 | 20 | 17 | 13 | 13 | 14 | 13 | 13 | 15 |
Profit before tax | -4 | -52 | -18 | 5 | -33 | -15 | 5 | 17 | 13 | 48 | 66 | 22 | 17 |
Tax % | 0% | -4% | -5% | 50% | 94% | 21% | 136% | 61% | 98% | 36% | 23% | 30% | |
-4 | -54 | -19 | 3 | -2 | -12 | -2 | 7 | 0 | 31 | 51 | 15 | 12 | |
EPS in Rs | -2.16 | -30.54 | -5.08 | 0.71 | -0.37 | -2.29 | -0.38 | 1.27 | 0.06 | 5.87 | 9.70 | 2.93 | 2.29 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 16% |
3 Years: | 18% |
TTM: | -15% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 52% |
3 Years: | 235% |
TTM: | -68% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | 11% |
3 Years: | 30% |
1 Year: | 119% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 7% |
3 Years: | 9% |
Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
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 | 18 | 38 | 38 | 38 | 49 | 52 | 52 | 52 | 52 | 52 | 52 | 52 | 52 |
Reserves | -8 | 196 | 187 | 154 | 210 | 210 | 211 | 216 | 217 | 248 | 298 | 314 | 323 |
Preference Capital | 0 | 0 | 0 | 0 | 0 | 0 | 16 | 17 | 18 | 18 | 18 | 18 | |
5 | 242 | 218 | 252 | 224 | 212 | 182 | 136 | 126 | 78 | 88 | 94 | 108 | |
7 | 160 | 145 | 152 | 116 | 90 | 99 | 65 | 82 | 96 | 100 | 105 | 98 | |
Total Liabilities | 22 | 636 | 587 | 597 | 598 | 563 | 544 | 470 | 478 | 474 | 539 | 566 | 581 |
0 | 275 | 256 | 264 | 295 | 284 | 293 | 284 | 272 | 269 | 260 | 281 | 275 | |
CWIP | 0 | 2 | 29 | 29 | 0 | 9 | 0 | 1 | 2 | 0 | 5 | 2 | 6 |
Investments | 0 | 0 | 0 | 0 | 2 | 2 | 1 | 1 | 1 | 0 | 8 | 13 | 23 |
22 | 360 | 302 | 304 | 302 | 268 | 250 | 185 | 203 | 204 | 266 | 269 | 278 | |
Total Assets | 22 | 636 | 587 | 597 | 598 | 563 | 544 | 470 | 478 | 474 | 539 | 566 | 581 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-4 | 40 | 63 | 70 | 70 | 3 | -69 | 4 | 30 | 35 | 49 | 53 | |
0 | -22 | -25 | -25 | -93 | 3 | 57 | 0 | -7 | -0 | -26 | -32 | |
4 | -26 | -41 | -46 | 28 | 1 | 26 | -27 | -24 | -34 | -4 | -33 | |
Net Cash Flow | -0 | -8 | -3 | -1 | 5 | 7 | 13 | -23 | -1 | 1 | 19 | -12 |
Ratios
Figures in Rs. Crores
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 | 2 | 63 | 76 | 71 | 50 | 52 | 43 | 17 | 17 | 14 | 20 | 14 |
Inventory Days | 46 | 202 | 170 | 174 | 126 | 90 | 107 | 73 | 98 | 93 | 60 | 67 |
Days Payable | 33 | 98 | 92 | 113 | 75 | 77 | 33 | 10 | 22 | 11 | 8 | 7 |
Cash Conversion Cycle | 15 | 167 | 154 | 131 | 100 | 65 | 117 | 80 | 92 | 96 | 72 | 74 |
Working Capital Days | 18 | 131 | 107 | 101 | 39 | 34 | 66 | 51 | 57 | 61 | 59 | 57 |
ROCE % | -15% | -7% | 3% | 9% | -0% | -0% | 9% | 7% | 7% | 14% | 18% | 8% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Credit Rating
11h - Reg. 30 read with PARA A of PART A of Schedule III of SEBI (LODR) Reg. 2015. please find enclosed an intimation regarding reaffirmation about …
- Compliance -Regulation 40(9) Of SEBI (LODR) Reg. 2015 For The Year Ended On 31St March, 2024 2d
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Apr - Certificate in accordance with Reg. 74(5) of the SEBI(Depositories and Participants) Reg. 2018 for the quarter ended on 31.03.2024
- Compliance Certificate Under Reg. 7(3) For The Year Ended On 31St March 2024 5 Apr
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Announcement Under Regulation 30 Of SEBI Listing Regulations
30 Mar - Of Reg. 30 of the SEBI (LODR) Reg. 2015 read with Schedule III thereto, and in furtherance to our intimation dated 18.03.2024, the Board in …
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1][2]
SSL is an ISO 9001:2008, ISO:14001, OHSAS: 18001 & ISI:1786 Certified integrated manufacturer of Iron & Steel products like MS Billets & TMT rods through secondary steel manufacturing