Crimson Metal Engineering Company Ltd
Established in 1985, Crimson Metal Engineering Company Ltd (formerly known as Sri Saarbati Steel Tubes Ltd) manufactures Electrical Resistance Welded (ERW) pipes and tubes like Black & GI pipes, GP coils, square & rectangular pipes, etc.
- Market Cap ₹ 14.3 Cr.
- Current Price ₹ 32.2
- High / Low ₹ 32.4 / 10.8
- Stock P/E 130
- Book Value ₹ 12.6
- Dividend Yield 0.00 %
- ROCE 8.11 %
- ROE 2.35 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 2.55 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 5.71% over past five years.
- Company has a low return on equity of -4.81% 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
61.60 | 44.31 | 45.53 | 45.97 | 33.23 | 9.85 | 7.25 | 9.35 | 9.63 | 8.16 | 8.28 | 9.57 | 9.71 | |
58.12 | 40.20 | 41.53 | 41.56 | 29.44 | 6.49 | 4.03 | 4.83 | 4.94 | 4.11 | 4.49 | 5.34 | 5.30 | |
Operating Profit | 3.48 | 4.11 | 4.00 | 4.41 | 3.79 | 3.36 | 3.22 | 4.52 | 4.69 | 4.05 | 3.79 | 4.23 | 4.41 |
OPM % | 5.65% | 9.28% | 8.79% | 9.59% | 11.41% | 34.11% | 44.41% | 48.34% | 48.70% | 49.63% | 45.77% | 44.20% | 45.42% |
1.21 | 0.20 | 0.20 | 0.12 | 0.14 | 0.23 | 0.01 | 0.01 | 0.05 | 0.01 | 0.04 | 0.08 | 0.07 | |
Interest | 2.73 | 2.66 | 2.47 | 2.73 | 2.24 | 2.32 | 2.01 | 2.78 | 2.96 | 2.26 | 1.83 | 2.06 | 2.24 |
Depreciation | 1.02 | 0.95 | 0.95 | 0.97 | 1.11 | 1.12 | 1.12 | 1.64 | 1.68 | 1.69 | 1.82 | 2.07 | 2.08 |
Profit before tax | 0.94 | 0.70 | 0.78 | 0.83 | 0.58 | 0.15 | 0.10 | 0.11 | 0.10 | 0.11 | 0.18 | 0.18 | 0.16 |
Tax % | 31.91% | -22.86% | 37.18% | 33.73% | 1.72% | 20.00% | 20.00% | -245.45% | -690.00% | -190.91% | 838.89% | 27.78% | |
0.63 | 0.86 | 0.49 | 0.55 | 0.58 | 0.11 | 0.08 | 0.39 | 0.79 | 0.32 | -1.33 | 0.13 | 0.11 | |
EPS in Rs | 1.42 | 1.94 | 1.11 | 1.24 | 1.31 | 0.25 | 0.18 | 0.88 | 1.78 | 0.72 | -3.00 | 0.29 | 0.25 |
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: | -14% |
5 Years: | 6% |
3 Years: | 0% |
TTM: | 21% |
Compounded Profit Growth | |
---|---|
10 Years: | -17% |
5 Years: | 10% |
3 Years: | -45% |
TTM: | 108% |
Stock Price CAGR | |
---|---|
10 Years: | 16% |
5 Years: | % |
3 Years: | % |
1 Year: | 212% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 1% |
3 Years: | -5% |
Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4.43 | 4.43 | 4.43 | 4.43 | 4.43 | 4.43 | 4.43 | 4.43 | 4.43 | 4.43 | 4.43 | 4.43 |
Reserves | -1.62 | -0.95 | -0.46 | 0.09 | 0.67 | 0.79 | 0.87 | 1.26 | 2.05 | 2.37 | 1.03 | 1.17 |
32.01 | 31.21 | 17.83 | 16.85 | 18.74 | 13.83 | 24.43 | 29.01 | 27.08 | 23.52 | 19.49 | 24.47 | |
12.16 | 4.84 | 17.76 | 7.96 | 8.10 | 3.42 | 4.10 | 4.08 | 2.76 | 2.91 | 5.63 | 4.61 | |
Total Liabilities | 46.98 | 39.53 | 39.56 | 29.33 | 31.94 | 22.47 | 33.83 | 38.78 | 36.32 | 33.23 | 30.58 | 34.68 |
15.38 | 14.38 | 13.43 | 12.91 | 14.76 | 13.94 | 12.82 | 24.71 | 23.03 | 23.04 | 25.62 | 28.11 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 13.00 | 0.00 | 0.87 | 2.46 | 0.03 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
31.60 | 25.15 | 26.13 | 16.42 | 17.18 | 8.53 | 8.01 | 14.07 | 12.42 | 7.73 | 4.93 | 6.57 | |
Total Assets | 46.98 | 39.53 | 39.56 | 29.33 | 31.94 | 22.47 | 33.83 | 38.78 | 36.32 | 33.23 | 30.58 | 34.68 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
6.18 | 1.82 | 4.61 | 6.63 | -2.26 | 5.79 | 12.73 | 2.63 | 2.80 | 6.56 | 5.88 | -0.36 | |
0.33 | 0.07 | 0.46 | -0.04 | -3.45 | -0.31 | -12.99 | -0.52 | -0.82 | -3.28 | -1.94 | -4.45 | |
-7.30 | -1.99 | -3.34 | -3.25 | -0.20 | -5.24 | 0.02 | -1.82 | -1.94 | -3.56 | -4.02 | 4.97 | |
Net Cash Flow | -0.79 | -0.10 | 1.73 | 3.34 | -5.91 | 0.23 | -0.25 | 0.30 | 0.05 | -0.28 | -0.08 | 0.17 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 124.73 | 91.52 | 134.52 | 48.27 | 83.59 | 85.97 | 155.06 | 423.17 | 328.99 | 173.11 | 0.00 | 128.91 |
Inventory Days | 24.22 | 90.44 | 43.95 | 18.38 | 30.55 | 107.80 | 206.16 | 146.00 | 133.72 | 167.41 | 146.00 | 91.54 |
Days Payable | 79.14 | 30.65 | 38.37 | 53.72 | 9.80 | 6.79 | 321.06 | 106.51 | 115.09 | 172.89 | 245.55 | 193.37 |
Cash Conversion Cycle | 69.80 | 151.31 | 140.10 | 12.94 | 104.34 | 186.98 | 40.15 | 462.66 | 347.63 | 167.62 | -99.55 | 27.08 |
Working Capital Days | 18.25 | 44.48 | -69.75 | 21.28 | 94.68 | 151.19 | 195.84 | 133.51 | 108.40 | -98.85 | -305.93 | -270.79 |
ROCE % | 10.18% | 9.67% | 11.51% | 16.49% | 12.48% | 11.52% | 8.65% | 8.97% | 8.97% | 7.42% | 7.27% | 8.11% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Oct - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended on September 30, 2025 received from Skyline Financial Services Private …
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 30 Sep
-
Announcement under Regulation 30 (LODR)-Change in Management
29 Sep - AGM Sep 29, 2025: MD reappointed (Aug 1,2025–Jul 31,2028); two WTDs reappointed; APAC appointed secretarial auditor 2025–30.
- Shareholder Meeting / Postal Ballot-Outcome of AGM 29 Sep
-
Closure of Trading Window
26 Sep - Trading window closed Oct 1, 2025 until 48 hours after declaring Q2 (Sep 30, 2025) results.
Annual reports
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Financial Year 2025
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Financial Year 2024
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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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Products Profile:[1]
a) M.S Black Pipe: Pre galvanized steel pipes used in automobile, scaffolding, fencing and engineering industries.
b) G.L. Pipe: Galvanized steel pipes from wall thickness 1/2" to 10" and are used in agriculture, railways, sugar, cement, oil industries.
c) G.P. Pipe: Pipes rolled of pre galvanized coils used in fencing industries and engineering industries.
d) Square and Rectangle Pipes: Square and rectangle pipes used in automobile and engineering industries.