Steel Strips Infrastructures Ltd
Incorporated in 1973, Steel Strips Infrastructures Limited deals in real estate business.
- Market Cap ₹ 29.8 Cr.
- Current Price ₹ 34.5
- High / Low ₹ 39.9 / 16.0
- Stock P/E
- Book Value ₹ 3.08
- Dividend Yield 0.00 %
- ROCE -13.2 %
- ROE -39.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 11.2 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -10.1% over past five years.
- Company has a low return on equity of -35.6% over last 3 years.
- Debtor days have increased from 80.8 to 102 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: Realty Industry: Construction
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
5.37 | 4.37 | 4.15 | 4.00 | 6.01 | 3.53 | 1.89 | 1.94 | 2.31 | 0.89 | 1.11 | 1.11 | 1.17 | |
6.13 | 3.77 | 2.78 | 2.83 | 2.53 | 3.80 | 3.61 | 3.29 | 3.46 | 2.30 | 2.37 | 2.11 | 2.22 | |
Operating Profit | -0.76 | 0.60 | 1.37 | 1.17 | 3.48 | -0.27 | -1.72 | -1.35 | -1.15 | -1.41 | -1.26 | -1.00 | -1.05 |
OPM % | -14.15% | 13.73% | 33.01% | 29.25% | 57.90% | -7.65% | -91.01% | -69.59% | -49.78% | -158.43% | -113.51% | -90.09% | -89.74% |
0.16 | 0.37 | 0.26 | 0.27 | 0.12 | 0.65 | 0.68 | 0.05 | 0.14 | 1.82 | 0.19 | 0.04 | 0.07 | |
Interest | 0.27 | 0.84 | 1.01 | 0.87 | 0.57 | 1.13 | 0.99 | 0.85 | 0.75 | 0.50 | 0.46 | 0.40 | 0.37 |
Depreciation | 0.21 | 0.23 | 0.15 | 0.15 | 0.12 | 0.12 | 0.08 | 0.05 | 0.04 | 0.02 | 0.02 | 0.01 | 0.00 |
Profit before tax | -1.08 | -0.10 | 0.47 | 0.42 | 2.91 | -0.87 | -2.11 | -2.20 | -1.80 | -0.11 | -1.55 | -1.37 | -1.35 |
Tax % | -4.63% | 0.00% | 10.64% | 0.00% | 7.22% | -2.30% | 0.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
-1.13 | -0.10 | 0.43 | 0.42 | 2.70 | -0.90 | -2.10 | -2.20 | -1.80 | -0.11 | -1.54 | -1.37 | -1.35 | |
EPS in Rs | -1.31 | -0.12 | 0.50 | 0.49 | 3.12 | -1.04 | -2.43 | -2.55 | -2.08 | -0.13 | -1.78 | -1.59 | -1.57 |
Dividend Payout % | 0.00% | 0.00% | 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: | -13% |
5 Years: | -10% |
3 Years: | -22% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 7% |
TTM: | 8% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | 37% |
3 Years: | 105% |
1 Year: | 57% |
Return on Equity | |
---|---|
10 Years: | -10% |
5 Years: | -31% |
3 Years: | -36% |
Last Year: | -39% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 8.64 | 8.64 | 8.64 | 8.64 | 8.64 | 8.64 | 8.64 | 8.64 | 8.64 | 8.64 | 8.64 | 8.64 | 8.64 |
Reserves | 0.50 | 0.39 | 0.82 | 1.24 | 3.93 | 4.89 | 2.00 | -1.77 | -3.80 | -2.96 | -3.99 | -6.29 | -5.98 |
2.46 | 8.25 | 7.13 | 4.58 | 3.83 | 8.30 | 7.34 | 6.04 | 4.84 | 5.15 | 4.42 | 3.41 | 2.74 | |
3.29 | 1.52 | 1.61 | 1.55 | 2.50 | 1.98 | 2.43 | 2.20 | 4.44 | 5.97 | 7.71 | 10.24 | 12.19 | |
Total Liabilities | 14.89 | 18.80 | 18.20 | 16.01 | 18.90 | 23.81 | 20.41 | 15.11 | 14.12 | 16.80 | 16.78 | 16.00 | 17.59 |
0.93 | 0.76 | 0.74 | 0.54 | 0.43 | 0.36 | 0.28 | 0.23 | 0.19 | 0.14 | 0.13 | 0.12 | 0.11 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.88 | 2.28 | 2.97 | 3.34 | 5.25 | 7.60 | 6.69 | 4.45 | 4.14 | 5.22 | 5.88 | 4.61 | 6.00 |
13.08 | 15.76 | 14.49 | 12.13 | 13.22 | 15.85 | 13.44 | 10.43 | 9.79 | 11.44 | 10.77 | 11.27 | 11.48 | |
Total Assets | 14.89 | 18.80 | 18.20 | 16.01 | 18.90 | 23.81 | 20.41 | 15.11 | 14.12 | 16.80 | 16.78 | 16.00 | 17.59 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.22 | -4.19 | 2.07 | 3.53 | 1.47 | -3.80 | 3.42 | -1.01 | 0.47 | -0.54 | 0.82 | 1.07 | |
-0.25 | -0.06 | -0.12 | 0.05 | -0.05 | -0.05 | -0.04 | 0.10 | 0.01 | 0.03 | 0.03 | 0.01 | |
1.33 | 3.58 | -1.85 | -2.92 | -2.34 | 4.47 | -0.76 | -1.71 | -1.20 | 1.17 | -1.03 | -1.30 | |
Net Cash Flow | 0.86 | -0.67 | 0.10 | 0.66 | -0.93 | 0.62 | 2.63 | -2.61 | -0.72 | 0.66 | -0.19 | -0.22 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 19.71 | 26.73 | 34.30 | 47.45 | 24.90 | 28.95 | 57.94 | 37.63 | 17.38 | 61.52 | 78.92 | 101.94 |
Inventory Days | 2,955.04 | 3,880.75 | 4,133.38 | |||||||||
Days Payable | 20.44 | 71.32 | 108.51 | |||||||||
Cash Conversion Cycle | 2,954.31 | 3,836.15 | 34.30 | 47.45 | 4,049.77 | 28.95 | 57.94 | 37.63 | 17.38 | 61.52 | 78.92 | 101.94 |
Working Capital Days | 660.67 | 1,183.54 | 1,113.47 | 880.56 | 664.41 | 1,496.19 | 1,751.61 | 1,535.26 | 853.25 | 2,050.56 | 914.14 | 263.06 |
ROCE % | -6.37% | 5.06% | 7.97% | 7.86% | 22.68% | 1.73% | -5.63% | -8.74% | -9.30% | -13.26% | -12.66% | -13.22% |
Documents
Announcements
- Non-Applicability Of Certain Compliances As Per Regulation 15(2) Of SEBI (LODR) Regulations, 2015 19 Apr
- Certificate Under Regulation 40(9) Of The SEBI (LODR) Regulations, 2015 16 Apr
- Initial And Annual Disclosure To Be Made By An Entity Under SEBI Circular On Fund Raising By Issuance Of Debt Securities By Large Entities 12 Apr
- Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015 6 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Apr - Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended 31.03.2024.
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]
Company does infrastructure real estate trading and commission agency business. It operates in Real Estate business, Infrastructure Project of commercial parking under Built Operate and Transfer scheme, Trading and Agency business and Services.