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 ₹ 762 Cr.
- Current Price ₹ 400
- High / Low ₹ 550 / 320
- Stock P/E 19.9
- Book Value ₹ 552
- Dividend Yield 0.25 %
- ROCE 5.67 %
- ROE 3.70 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.72 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 1.18% 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 519 | 519 | 721 | 978 | 965 | 812 | 874 | 1,296 | 1,128 | 1,000 | 1,076 | 1,175 | |
| 459 | 454 | 637 | 845 | 785 | 688 | 739 | 1,073 | 961 | 863 | 953 | 1,080 | |
| Operating Profit | 60 | 65 | 84 | 134 | 180 | 124 | 134 | 223 | 167 | 137 | 123 | 95 |
| OPM % | 12% | 13% | 12% | 14% | 19% | 15% | 15% | 17% | 15% | 14% | 11% | 8% |
| 2 | 2 | 3 | 10 | 2 | 2 | 5 | 17 | 13 | 49 | 38 | 22 | |
| Interest | 21 | 21 | 19 | 18 | 16 | 10 | 10 | 12 | 10 | 12 | 17 | 23 |
| Depreciation | 16 | 16 | 15 | 15 | 16 | 23 | 22 | 22 | 23 | 24 | 30 | 41 |
| Profit before tax | 24 | 30 | 53 | 110 | 150 | 93 | 107 | 207 | 147 | 150 | 114 | 52 |
| 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 | |
| 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 |
| Dividend Payout % | 12% | 10% | 6% | 3% | 4% | 2% | 2% | 1% | 2% | 1% | 2% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 6% |
| 3 Years: | 1% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | -13% |
| 3 Years: | -28% |
| TTM: | -39% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 2% |
| 3 Years: | -1% |
| 1 Year: | -24% |
| 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 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Installed Capacity - Rolled Bars / Hot Rolled Sections MTPA |
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| Installed Capacity - TMT Bars MTPA |
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| Debtors Turnover Days |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Newspaper Publication - 3rd Reminder - Opening of Special Window for transfer & dematerialisation of physical securities- SEBI Circular dt:30.01.2026.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
23 May - Submitted annual secretarial compliance report for year ended March 31, 2026; no non-compliances noted.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 May - Newspaper publication ( All India Circulation of Business Standard & Bengali daily) of Audited Financial Results (Standalone & Consolidated) of the Company for the quarter …
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Board Approved Re-Appointment Of Internal Auditor, Cost Auditor And Branch Auditor
15 May - Board approved FY2025-26 audited results, recommended 10% dividend, and reappointed auditors.
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Corporate Action-Board approves Dividend
15 May - Board approved FY26 audited standalone and consolidated results, recommended 10% dividend, and reappointed auditors.
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 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