Step Two Corporation Ltd
Incorporated in 1994, Step Two Corporation Ltd is in the business of investment and lending[1]
- Market Cap ₹ 16.3 Cr.
- Current Price ₹ 38.4
- High / Low ₹ 52.0 / 13.6
- Stock P/E 10.8
- Book Value ₹ 15.6
- Dividend Yield 0.00 %
- ROCE 11.8 %
- ROE 8.79 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 5.05% over last 3 years.
- Company has high debtors of 333 days.
- Working capital days have increased from 808 days to 1,951 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: Finance Industry: Finance & Investments
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1.12 | 4.33 | 0.90 | 0.76 | 0.58 | 0.52 | 0.60 | 0.35 | 0.51 | 0.48 | 0.39 | 0.90 | 2.14 | |
1.03 | 4.29 | 0.87 | 0.74 | 0.53 | 0.32 | 0.04 | 0.48 | 0.34 | 0.27 | 0.27 | 0.23 | 0.48 | |
Operating Profit | 0.09 | 0.04 | 0.03 | 0.02 | 0.05 | 0.20 | 0.56 | -0.13 | 0.17 | 0.21 | 0.12 | 0.67 | 1.66 |
OPM % | 8.04% | 0.92% | 3.33% | 2.63% | 8.62% | 38.46% | 93.33% | -37.14% | 33.33% | 43.75% | 30.77% | 74.44% | 77.57% |
-0.00 | -0.00 | -0.00 | -0.00 | -0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.08 | -0.00 | 0.10 | |
Interest | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.03 | 0.02 |
Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.00 |
Profit before tax | 0.08 | 0.03 | 0.02 | 0.01 | 0.03 | 0.20 | 0.56 | -0.13 | 0.17 | 0.21 | 0.20 | 0.64 | 1.74 |
Tax % | 25.00% | -0.00% | 50.00% | -0.00% | 33.33% | 20.00% | 19.64% | -0.00% | 17.65% | 14.29% | 25.00% | 21.88% | |
0.06 | 0.02 | 0.02 | -0.00 | 0.02 | 0.16 | 0.45 | -0.14 | 0.14 | 0.18 | 0.14 | 0.50 | 1.51 | |
EPS in Rs | 0.12 | 0.04 | 0.04 | -0.00 | 0.04 | 0.38 | 1.06 | -0.33 | 0.33 | 0.42 | 0.33 | 1.18 | 3.55 |
Dividend Payout % | -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: | -15% |
5 Years: | 8% |
3 Years: | 21% |
TTM: | 224% |
Compounded Profit Growth | |
---|---|
10 Years: | 38% |
5 Years: | 2% |
3 Years: | 53% |
TTM: | 344% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 41% |
3 Years: | 87% |
1 Year: | 161% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 3% |
3 Years: | 5% |
Last Year: | 9% |
Balance Sheet
Figures in Rs. Crores
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 | 4.59 | 4.59 | 4.60 | 4.60 | 4.60 | 4.60 | 4.60 | 4.60 | 4.60 | 4.60 | 4.60 | 4.60 | 4.60 |
Reserves | -0.16 | -0.13 | -0.12 | -0.11 | -0.10 | 0.06 | 0.50 | 0.37 | 0.51 | 0.69 | 0.83 | 1.35 | 2.03 |
-0.00 | -0.00 | -0.00 | 0.10 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | |
0.03 | 0.01 | 0.02 | 0.02 | 0.03 | 0.05 | 0.16 | 0.03 | 0.05 | 0.11 | 0.09 | 0.14 | 0.15 | |
Total Liabilities | 4.46 | 4.47 | 4.50 | 4.61 | 4.53 | 4.71 | 5.26 | 5.00 | 5.16 | 5.40 | 5.52 | 6.09 | 6.78 |
0.07 | 0.06 | 0.07 | 0.06 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |
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 | 0.62 | -0.00 | 0.55 | 0.64 | 0.58 | 1.15 | 0.39 | 0.39 | 0.30 | -0.00 | -0.00 | -0.00 | 5.77 |
3.77 | 4.41 | 3.88 | 3.91 | 3.93 | 3.55 | 4.86 | 4.60 | 4.85 | 5.39 | 5.51 | 6.08 | 1.00 | |
Total Assets | 4.46 | 4.47 | 4.50 | 4.61 | 4.53 | 4.71 | 5.26 | 5.00 | 5.16 | 5.40 | 5.52 | 6.09 | 6.78 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.25 | -0.61 | 0.21 | -0.12 | -0.35 | 0.55 | -1.10 | -0.09 | -0.09 | -0.37 | 0.42 | -0.52 | |
-0.36 | 0.88 | -0.33 | -0.04 | 0.41 | -0.47 | 1.03 | -0.00 | 0.10 | 0.39 | -0.43 | 0.47 | |
-0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | |
Net Cash Flow | -0.11 | 0.27 | -0.12 | -0.16 | 0.06 | 0.08 | -0.07 | -0.09 | 0.01 | 0.02 | -0.01 | -0.05 |
Ratios
Figures in Rs. Crores
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 | -0.00 | 59.85 | 16.22 | -0.00 | 50.34 | 56.15 | 48.67 | -0.00 | 71.57 | 296.56 | -0.00 | 332.56 |
Inventory Days | 491.53 | 70.73 | 241.69 | 580.26 | 141.94 | 365.00 | 182.50 | -0.00 | ||||
Days Payable | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | |||||
Cash Conversion Cycle | 491.53 | 130.58 | 257.91 | 580.26 | 192.29 | 421.15 | 48.67 | 182.50 | 71.57 | 296.56 | -0.00 | 332.56 |
Working Capital Days | 1,108.04 | 318.64 | 1,366.72 | 1,704.93 | 2,208.88 | 1,979.42 | 2,488.08 | 302.43 | 221.86 | 501.88 | -28.08 | 1,950.72 |
ROCE % | 1.82% | 0.67% | 0.45% | 0.22% | 0.88% | 4.37% | 11.48% | -2.58% | 3.37% | 4.04% | 3.73% | 11.78% |
Documents
Announcements
- Compliances-Submission As Per Reg. 40(9) & (10) For Period Ended March, 2024 12 Apr
- Compliances - Compliance Certificate For The Period Ended March, 2024 10 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Submission of Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for period ended March 2024
- Shareholder Meeting / Postal Ballot-Outcome of AGM 9 Apr
- Closure of Trading Window 27 Mar
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]
STCL is a Non Systematically Important Non- Deposit Taking Non- Banking Financial Company. It provides Business Loans and is also engaged in Trading and Investment in Shares & Securities