Meenakshi Steel Industries Ltd
- Market Cap ₹ Cr.
- Current Price ₹
- High / Low ₹ /
- Stock P/E
- Book Value ₹
- Dividend Yield %
- ROCE 7.23 %
- ROE 1.00 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -1.02% over last 3 years.
* 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.07 | 0.03 | 0.04 | 0.57 | 14.08 | 20.17 | 24.85 | 22.44 | 18.47 | 16.84 | |
| 0.04 | 0.07 | 0.08 | 45.17 | 0.63 | 0.28 | 3.75 | 3.39 | 2.28 | 2.35 | |
| Operating Profit | 0.03 | -0.04 | -0.04 | -44.60 | 13.45 | 19.89 | 21.10 | 19.05 | 16.19 | 14.49 |
| OPM % | 42.86% | -133.33% | -100.00% | -7,824.56% | 95.53% | 98.61% | 84.91% | 84.89% | 87.66% | 86.05% |
| 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 0.00 | 0.25 | 0.35 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 7.41 | 14.26 | 19.61 | 19.45 | 15.37 | 13.60 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.04 | -0.04 | -0.04 | -44.60 | 6.04 | 5.63 | 1.55 | -0.40 | 1.07 | 1.24 |
| Tax % | 50.00% | 0.00% | 25.00% | 37.44% | 28.15% | 25.75% | 325.16% | 2.50% | 24.30% | |
| 0.07 | -0.41 | 12.29 | -61.30 | 4.34 | 4.18 | -3.49 | -0.41 | 0.81 | 0.87 | |
| EPS in Rs | ||||||||||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 101% |
| 3 Years: | -3% |
| TTM: | -20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | -42% |
| TTM: | 245% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | -1% |
| Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 |
| Reserves | 9.03 | 8.62 | 290.30 | 105.93 | 126.51 | 119.32 | 117.61 | 78.80 | 79.84 |
| 0.00 | 0.00 | 0.00 | 0.00 | 123.00 | 170.00 | 155.00 | 186.00 | 106.00 | |
| 0.01 | 0.02 | 0.01 | 16.81 | 21.44 | 0.99 | 0.94 | 1.07 | 0.42 | |
| Total Liabilities | 11.03 | 10.63 | 292.30 | 124.73 | 272.94 | 292.30 | 275.54 | 267.86 | 188.25 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 9.79 | 10.10 | 291.82 | 52.89 | 83.37 | 71.93 | 73.63 | 30.19 | 24.49 |
| 1.24 | 0.53 | 0.48 | 71.84 | 189.57 | 220.37 | 201.91 | 237.67 | 163.76 | |
| Total Assets | 11.03 | 10.63 | 292.30 | 124.73 | 272.94 | 292.30 | 275.54 | 267.86 | 188.25 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 58.38 | -240.89 | -110.06 | -26.61 | -4.68 | -0.40 | 0.12 | ||
| 0.00 | -58.39 | 243.35 | -13.98 | -21.28 | 27.48 | -38.79 | 82.66 | ||
| 0.00 | 0.00 | 0.00 | 123.00 | 47.00 | -15.00 | 31.00 | -80.00 | ||
| Net Cash Flow | 0.00 | -0.01 | 2.46 | -1.04 | -0.89 | 7.79 | -8.19 | 2.78 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory Days | |||||||||
| Days Payable | |||||||||
| Cash Conversion Cycle | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Working Capital Days | 0.00 | 6,083.33 | 365.00 | 33,701.67 | -231.50 | 396.67 | 16.01 | 17.89 | 24.90 |
| ROCE % | -0.37% | -22.29% | 7.48% | 7.33% | 7.48% | 7.04% | 7.23% |
Documents
Announcements
-
Compliance-57 (5) : intimation after the end of quarter
10 Oct - Meenakshi Steel: no interest/dividend/principal payments for July–Sept 2025; no debt instruments issued.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Oct - RTA confirmation certificate under Reg 74(5) for dematerialisation quarter ended 30 Sep 2025
-
Announcement under Regulation 30 (LODR)-Change in Management
1 Oct - Appointed Giriraj Maheswari and Tejas Vyas as independent directors effective 01.10.2025; committees reconstituted; two directors ceased 29.09.2025.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 01.10.2025
1 Oct - Appointed Giriraj Maheswari and Tejas Vyas as independent directors (01.10.2025–30.09.2030); committees reconstituted.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 30 Sep