Meenakshi Steel Industries Ltd
- Market Cap ₹ Cr.
- Current Price ₹
- High / Low ₹ /
- Stock P/E
- Book Value ₹
- Dividend Yield %
- ROCE 7.31 %
- ROE 1.26 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 5.96% over past five years.
- Company has a low return on equity of 0.62% 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.07 | 0.03 | 0.04 | 0.57 | 14.08 | 20.17 | 24.85 | 22.44 | 18.47 | 18.81 | |
| 0.04 | 0.07 | 0.08 | 45.17 | 0.63 | 0.28 | 3.75 | 3.39 | 2.28 | 0.48 | |
| Operating Profit | 0.03 | -0.04 | -0.04 | -44.60 | 13.45 | 19.89 | 21.10 | 19.05 | 16.19 | 18.33 |
| OPM % | 42.86% | -133.33% | -100.00% | -7,824.56% | 95.53% | 98.61% | 84.91% | 84.89% | 87.66% | 97.45% |
| 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 0.00 | 0.25 | 0.22 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 7.41 | 14.26 | 19.61 | 19.45 | 15.37 | 16.66 |
| 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 | 1.89 |
| Tax % | 50.00% | 0.00% | 25.00% | 37.44% | 28.15% | 25.75% | 325.16% | 2.50% | 24.30% | 27.51% |
| 0.07 | -0.41 | 12.29 | -61.30 | 4.34 | 4.18 | -3.49 | -0.41 | 0.81 | 1.43 | |
| EPS in Rs | ||||||||||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 75% |
| 5 Years: | 6% |
| 3 Years: | -9% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 35% |
| 5 Years: | -20% |
| 3 Years: | 34% |
| TTM: | 77% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 0% |
| 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.99 | 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 | 142.86 |
| 0.00 | 0.00 | 0.00 | 0.00 | 123.00 | 170.00 | 155.00 | 186.00 | 106.00 | 175.00 | |
| 0.01 | 0.02 | 0.01 | 16.81 | 21.44 | 0.99 | 0.94 | 1.07 | 0.42 | 0.61 | |
| Total Liabilities | 11.03 | 10.63 | 292.30 | 124.73 | 272.94 | 292.30 | 275.54 | 267.86 | 188.25 | 320.46 |
| 0.00 | 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 | 0.00 |
| Investments | 9.79 | 10.10 | 291.82 | 52.89 | 83.37 | 71.93 | 73.63 | 30.19 | 24.49 | 94.35 |
| 1.24 | 0.53 | 0.48 | 71.84 | 189.57 | 220.37 | 201.91 | 237.67 | 163.76 | 226.11 | |
| Total Assets | 11.03 | 10.63 | 292.30 | 124.73 | 272.94 | 292.30 | 275.54 | 267.86 | 188.25 | 320.46 |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 58.38 | -240.89 | -110.06 | -26.61 | -4.68 | -0.40 | 0.12 | 1.30 | ||
| 0.00 | -58.39 | 243.35 | -13.98 | -21.28 | 27.48 | -38.79 | 82.66 | -65.56 | ||
| 0.00 | 0.00 | 0.00 | 123.00 | 47.00 | -15.00 | 31.00 | -80.00 | 69.00 | ||
| Net Cash Flow | 0.00 | -0.01 | 2.46 | -1.04 | -0.89 | 7.79 | -8.19 | 2.78 | 4.75 | |
| Free Cash Flow | 0.00 | 58.38 | -240.89 | -110.06 | -26.61 | -4.68 | -0.40 | 0.12 | 1.30 | |
| CFO/OP | 0% | -145,950% | 540% | -674% | 4% | -14% | 7% | 12% | 17% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 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 | 0.00 |
| Working Capital Days | 0.00 | 6,083.33 | 365.00 | 33,701.67 | -231.50 | 396.67 | 305.51 | 17.89 | 24.90 | 16.11 |
| ROCE % | -0.37% | -22.29% | 7.48% | 7.33% | 7.48% | 7.04% | 7.23% | 7.31% |
Insights
In beta| Mar 2012 | Mar 2016 | Mar 2020 | Mar 2021 | Mar 2022 | |
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| Number of Manufacturing Sites Number |
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| R&D Spend as Percentage of Turnover % |
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| Specific Energy Consumption Reduction % |
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| Global Ranking in Vitamin B3 (Niacinamide/Niacin) Rank |
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| Number of Active Molecules/Products in Portfolio Number |
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| Number of Dedicated R&D Scientists Number |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
28 May - We submit herewith Newspaper cutting where Audited Financial Results duly approved at the Board Meeting held on 27.05.2026 is published
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Board Meeting Outcome for Audited Financial Results (Standalone And Consolidated) For 4Th Quarter And Year Ended 31.03.2026
27 May - Board approved audited standalone and consolidated FY26 results on 27 May 2026; auditors issued unmodified opinion.
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Audited Financial Results For The 4Th Quarter And Year Ended 31St March, 2026
27 May - Board approved audited Q4 and FY2026 standalone and consolidated results; auditors issued unmodified opinion.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
26 May - Annual Secretarial Compliance Report for FY ended 31 March 2026; no non-compliance observed.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
18 May - We submit herewith newspaper cutting of the newspaper wherein Notice convening the Board Meeting scheduled to be held on 27.05.2026, is attached herewith.