Steel Strips Infrastructures Ltd

Steel Strips Infrastructures Ltd

₹ 26.5 3.84%
12 Jun 3:22 p.m.
About

Incorporated in 1973, Steel Strips Infrastructures Limited deals in real estate business.

Key Points

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.

  • Market Cap 22.9 Cr.
  • Current Price 26.5
  • High / Low 42.6 / 25.0
  • Stock P/E
  • Book Value 82.4
  • Dividend Yield 0.00 %
  • ROCE -20.6 %
  • ROE -21.0 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.33 times its book value
  • Debtor days have improved from 58.3 to 34.0 days.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -11.2% over past five years.
  • Company has a low return on equity of 3.16% 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
0.28 0.28 0.28 0.28 0.27 0.27 0.32 0.31 0.33 0.31 0.32 0.32 0.33
6.31 0.54 2.68 0.52 0.90 0.55 0.60 6.92 13.55 2.43 0.68 6.65 8.29
Operating Profit -6.03 -0.26 -2.40 -0.24 -0.63 -0.28 -0.28 -6.61 -13.22 -2.12 -0.36 -6.33 -7.96
OPM % -2,153.57% -92.86% -857.14% -85.71% -233.33% -103.70% -87.50% -2,132.26% -4,006.06% -683.87% -112.50% -1,978.12% -2,412.12%
0.01 1.70 0.02 0.50 0.02 21.53 24.68 0.03 0.02 0.00 0.00 0.00 0.02
Interest 0.11 0.10 0.10 0.10 0.10 0.10 0.09 0.08 0.07 0.06 0.04 0.00 0.00
Depreciation 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
Profit before tax -6.13 1.34 -2.48 0.16 -0.71 21.15 24.31 -6.66 -13.27 -2.18 -0.40 -6.33 -7.94
Tax % 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%
-6.13 1.34 -2.48 0.16 -0.71 21.15 24.31 -6.66 -13.27 -2.18 -0.40 -6.33 -7.94
EPS in Rs -7.09 1.55 -2.87 0.19 -0.82 24.47 28.13 -7.71 -15.35 -2.52 -0.46 -7.32 -9.19
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
2 1 1 1 1 1
21 2 2 2 2 18
Operating Profit -19 -1 -1 -1 -1 -17
OPM % -804% -158% -113% -119% -88% -1,300%
0 15 32 0 27 0
Interest 1 0 0 0 0 0
Depreciation 0 0 0 0 0 0
Profit before tax -19 13 31 -2 26 -17
Tax % 0% 0% 0% 0% 0% 0%
-19 13 31 -2 26 -17
EPS in Rs -22.53 15.38 35.49 -1.96 29.54 -19.50
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: -11%
3 Years: 5%
TTM: 6%
Compounded Profit Growth
10 Years: %
5 Years: 3%
3 Years: %
TTM: -166%
Stock Price CAGR
10 Years: 21%
5 Years: 31%
3 Years: 1%
1 Year: -23%
Return on Equity
10 Years: %
5 Years: 17%
3 Years: 3%
Last Year: -21%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 9 9 9 9 9 9
Reserves 12 26 57 54 81 63
5 5 4 3 2 0
4 6 8 10 13 16
Total Liabilities 30 46 78 77 105 87
0 0 0 0 0 0
CWIP 0 0 0 0 0 0
Investments 28 34 67 65 94 75
2 11 11 11 11 11
Total Assets 30 46 78 77 105 87

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
0 -1 1 1 1 1
0 0 0 0 0 0
-1 1 -1 -1 -1 -1
Net Cash Flow -1 1 -0 -0 -0 -0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 17 62 79 102 39 34
Inventory Days
Days Payable
Cash Conversion Cycle 17 62 79 102 39 34
Working Capital Days 842 2,051 914 263 -533 -1,384
ROCE % 43% 57% -2% 33% -21%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
50.22% 50.22% 50.22% 50.22% 50.22% 50.22% 50.22% 50.22% 50.22% 50.22% 50.22% 50.22%
0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03%
49.75% 49.75% 49.75% 49.75% 49.74% 49.75% 49.75% 49.74% 49.76% 49.75% 49.76% 49.75%
No. of Shareholders 15,68715,73715,66715,53715,43115,36015,18414,99614,91615,27915,76216,455

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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