Beekay Steel Industries Ltd
Beekay Steel was incorporated in India on 28th March 1981, is engaged in the manufacturing of thermomechanical treatment (TMT) bars, hot rolled sections, bright bars, structurals, and machined bars. It offers both standard and customized sections, such as including round bars, square bars, etc. [1]
- Market Cap ₹ 847 Cr.
- Current Price ₹ 444
- High / Low ₹ 509 / 320
- Stock P/E 18.7
- Book Value ₹ 552
- Dividend Yield 0.23 %
- ROCE 5.67 %
- ROE 3.70 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.80 times its book value
Cons
- The company has delivered a poor sales growth of 6.11% over past five years.
- Company has a low return on equity of 6.90% over last 3 years.
- Dividend payout has been low at 2.86% of profits 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 519 | 519 | 721 | 978 | 965 | 812 | 874 | 1,296 | 1,128 | 1,000 | 1,076 | 1,175 | 1,267 | |
| 459 | 454 | 637 | 845 | 785 | 688 | 739 | 1,073 | 961 | 863 | 953 | 1,080 | 1,149 | |
| Operating Profit | 60 | 65 | 84 | 134 | 180 | 124 | 134 | 223 | 167 | 137 | 123 | 95 | 118 |
| OPM % | 12% | 13% | 12% | 14% | 19% | 15% | 15% | 17% | 15% | 14% | 11% | 8% | 9% |
| 2 | 2 | 3 | 10 | 2 | 2 | 5 | 17 | 13 | 49 | 38 | 22 | 15 | |
| Interest | 21 | 21 | 19 | 18 | 16 | 10 | 10 | 12 | 10 | 12 | 17 | 23 | 26 |
| Depreciation | 16 | 16 | 15 | 15 | 16 | 23 | 22 | 22 | 23 | 24 | 30 | 41 | 43 |
| Profit before tax | 24 | 30 | 53 | 110 | 150 | 93 | 107 | 207 | 147 | 150 | 114 | 52 | 63 |
| Tax % | 36% | 35% | 35% | 36% | 35% | 16% | 25% | 24% | 26% | 11% | 20% | 27% | |
| 16 | 19 | 34 | 71 | 98 | 78 | 80 | 157 | 109 | 133 | 90 | 38 | 45 | |
| EPS in Rs | 8.18 | 10.12 | 18.08 | 37.12 | 51.52 | 40.97 | 42.19 | 82.17 | 57.25 | 69.72 | 47.41 | 19.92 | 23.59 |
| Dividend Payout % | 12% | 10% | 6% | 3% | 4% | 2% | 2% | 1% | 2% | 1% | 2% | 5% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 6% |
| 3 Years: | 1% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | -13% |
| 3 Years: | -28% |
| TTM: | -50% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 4% |
| 3 Years: | -10% |
| 1 Year: | -11% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 10% |
| 3 Years: | 7% |
| Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
| Reserves | 161 | 178 | 213 | 281 | 377 | 451 | 529 | 685 | 792 | 924 | 998 | 1,034 |
| 174 | 164 | 186 | 182 | 121 | 89 | 155 | 276 | 224 | 223 | 277 | 330 | |
| 174 | 148 | 104 | 112 | 95 | 82 | 74 | 71 | 88 | 95 | 141 | 168 | |
| Total Liabilities | 528 | 510 | 521 | 595 | 612 | 640 | 778 | 1,050 | 1,123 | 1,262 | 1,436 | 1,550 |
| 198 | 192 | 189 | 187 | 208 | 213 | 207 | 197 | 250 | 322 | 458 | 666 | |
| CWIP | 21 | 24 | 23 | 25 | 23 | 21 | 22 | 23 | 213 | 273 | 216 | 68 |
| Investments | 0 | 0 | 0 | 0 | 0 | 35 | 76 | 105 | 211 | 186 | 216 | 211 |
| 309 | 294 | 309 | 382 | 381 | 372 | 473 | 724 | 448 | 480 | 546 | 604 | |
| Total Assets | 528 | 510 | 521 | 595 | 612 | 640 | 778 | 1,050 | 1,123 | 1,262 | 1,436 | 1,550 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 37 | 45 | 37 | 48 | 56 | 80 | 95 | -106 | 404 | 129 | 147 | 145 | |
| -18 | -12 | -11 | -15 | -36 | -60 | -58 | -30 | -370 | -90 | -107 | -86 | |
| -17 | -34 | -21 | -39 | -19 | -18 | -13 | 110 | -37 | -38 | -40 | -60 | |
| Net Cash Flow | 2 | -1 | 5 | -6 | 1 | 2 | 24 | -25 | -3 | 1 | -1 | -0 |
| Free Cash Flow | 19 | 33 | 26 | 32 | 20 | 55 | 78 | -117 | 140 | -28 | 38 | 41 |
| CFO/OP | 70% | 78% | 61% | 64% | 59% | 88% | 87% | -24% | 259% | 109% | 131% | 148% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 45 | 56 | 43 | 49 | 45 | 43 | 66 | 45 | 57 | 56 | 53 | 54 |
| Inventory Days | 139 | 136 | 117 | 96 | 133 | 167 | 164 | 126 | 121 | 137 | 156 | 174 |
| Days Payable | 86 | 56 | 25 | 20 | 22 | 20 | 23 | 16 | 18 | 32 | 39 | 51 |
| Cash Conversion Cycle | 98 | 135 | 135 | 125 | 155 | 191 | 207 | 156 | 159 | 161 | 170 | 176 |
| Working Capital Days | 38 | 39 | 46 | 55 | 84 | 108 | 102 | 85 | 85 | 77 | 68 | 79 |
| ROCE % | 13% | 14% | 19% | 29% | 33% | 19% | 18% | 24% | 15% | 11% | 8% | 6% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Sales Volume Metric tonnes (MT) |
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| Conversion Business Sales Volume Metric tonnes (MT) |
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| Conversion Business as % of Total Sales Volume % of total sales volume (MT) |
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| Own-Manufactured Sales Volume Metric tonnes (MT) |
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| Installed Capacity - Rolled Bars / Hot-Rolled Sections & Structurals MTPA |
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| Installed Capacity - TMT Bars MTPA |
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| Tata Steel Group Customer Concentration % of revenue |
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| Total Installed Capacity (TMT + Rolled/Sections + Bright Bars) MTPA |
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Extracted by Screener AI
Documents
Announcements
- Revised Intimation Of Record Date
- Revised Intimation Of Cut-Off Date & Book Closure
- Intimation Of Book Closure
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Submission of Newspaper publication of UFR for the quarter ended 30.06.2026
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Announcement under Regulation 30 (LODR)-Change in Management
- Board approved Q1 FY27 results on 11 Aug 2026, AGM on 29 Sep 2026, and reappointed Mukesh Chand Bansal.
Annual reports
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Annual Report 2006
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Business Segment FY24[1]
Proprietary business (77%): Includes retail sales of TMT bars and automotive/ engineering steel. The Company also manufactures special steel products for the automobile and structural steel segments in addition to TMT manufacture.The company’s revenue from structural steel segment was 23% in FY24 (25% in FY23).[2]
Non-proprietary business (23%): This segment comprises job work-related manufacture for institutional customers