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 ₹ 933 Cr.
- Current Price ₹ 489
- High / Low ₹ 774 / 435
- Stock P/E 10.4
- Book Value ₹ 531
- Dividend Yield 0.20 %
- ROCE 10.3 %
- ROE 9.10 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.92 times its book value
Cons
- The company has delivered a poor sales growth of 5.80% over past five years.
- Company has a low return on equity of 10.8% over last 3 years.
- Earnings include an other income of Rs.52.6 Cr.
- Dividend payout has been low at 1.09% 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
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
519 | 519 | 721 | 978 | 965 | 812 | 874 | 1,296 | 1,128 | 1,000 | 1,076 | 1,113 | |
459 | 454 | 637 | 845 | 785 | 688 | 739 | 1,073 | 961 | 864 | 953 | 1,005 | |
Operating Profit | 60 | 65 | 84 | 134 | 180 | 124 | 134 | 223 | 167 | 137 | 123 | 109 |
OPM % | 12% | 13% | 12% | 14% | 19% | 15% | 15% | 17% | 15% | 14% | 11% | 10% |
2 | 2 | 3 | 10 | 2 | 2 | 5 | 17 | 13 | 49 | 38 | 53 | |
Interest | 21 | 21 | 19 | 18 | 16 | 10 | 10 | 12 | 10 | 12 | 17 | 18 |
Depreciation | 16 | 16 | 15 | 15 | 16 | 23 | 22 | 22 | 27 | 27 | 33 | 35 |
Profit before tax | 24 | 30 | 53 | 110 | 150 | 93 | 107 | 207 | 143 | 147 | 110 | 108 |
Tax % | 36% | 35% | 35% | 36% | 35% | 16% | 25% | 24% | 27% | 12% | 21% | |
16 | 19 | 34 | 71 | 99 | 79 | 81 | 158 | 105 | 130 | 89 | 90 | |
EPS in Rs | 8.18 | 10.11 | 18.03 | 37.03 | 51.96 | 41.17 | 42.64 | 82.70 | 55.04 | 68.36 | 46.57 | 47.13 |
Dividend Payout % | 12% | 10% | 6% | 3% | 4% | 2% | 2% | 1% | 2% | 1% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 6% |
3 Years: | -6% |
TTM: | 14% |
Compounded Profit Growth | |
---|---|
10 Years: | 19% |
5 Years: | 3% |
3 Years: | -16% |
TTM: | -26% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | 18% |
3 Years: | 4% |
1 Year: | -28% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 14% |
3 Years: | 11% |
Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
Reserves | 161 | 178 | 213 | 282 | 379 | 452 | 532 | 688 | 791 | 920 | 993 |
174 | 164 | 186 | 182 | 121 | 89 | 155 | 276 | 246 | 246 | 280 | |
174 | 148 | 104 | 112 | 95 | 82 | 74 | 71 | 69 | 76 | 141 | |
Total Liabilities | 528 | 510 | 522 | 595 | 614 | 642 | 780 | 1,053 | 1,125 | 1,262 | 1,433 |
198 | 192 | 189 | 187 | 208 | 213 | 207 | 197 | 265 | 334 | 466 | |
CWIP | 21 | 24 | 23 | 25 | 23 | 21 | 22 | 23 | 213 | 273 | 217 |
Investments | 0 | 0 | 1 | 1 | 2 | 37 | 79 | 109 | 199 | 174 | 203 |
309 | 294 | 309 | 382 | 381 | 372 | 473 | 724 | 448 | 480 | 548 | |
Total Assets | 528 | 510 | 522 | 595 | 614 | 642 | 780 | 1,053 | 1,125 | 1,262 | 1,433 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
0 | 45 | 37 | 48 | 56 | 81 | 96 | -104 | 408 | 129 | 147 | |
0 | -12 | -10 | -15 | -36 | -61 | -58 | -31 | -373 | -90 | -107 | |
0 | -34 | -21 | -39 | -19 | -18 | -13 | 110 | -37 | -38 | -41 | |
Net Cash Flow | 0 | -1 | 5 | -6 | 1 | 2 | 24 | -25 | -3 | 1 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 45 | 56 | 43 | 49 | 45 | 43 | 66 | 45 | 57 | 56 | 53 |
Inventory Days | 139 | 136 | 117 | 96 | 133 | 167 | 164 | 126 | 121 | 137 | 156 |
Days Payable | 86 | 56 | 25 | 20 | 22 | 20 | 23 | 16 | 18 | 32 | 39 |
Cash Conversion Cycle | 98 | 135 | 135 | 125 | 155 | 191 | 207 | 156 | 159 | 161 | 170 |
Working Capital Days | 38 | 39 | 46 | 55 | 84 | 108 | 102 | 85 | 85 | 77 | 104 |
ROCE % | 14% | 19% | 29% | 33% | 19% | 18% | 24% | 14% | 10% | 10% |
Documents
Announcements
- Book Closure Notice For The Purpose Of AGM 2024-25 & Payment Of Dividend- Reg 42 Of SEBI LODR 23 Aug
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Announcement under Regulation 30 (LODR)-Newspaper Publication
23 Aug - Newspaper Publication - Intimation of 100 days Campaign Shaksam Niveshak- MCA circular dt 16.07.2025
- Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Aug
-
Unaudited Financial Results For The Quarter Ended 30Th June 2025
12 Aug - Q1 FY26 unaudited financial results approved; AGM set for 22 Sept 2025; dividend and e-voting dates fixed.
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Board Meeting Outcome for Outcome Of Board Meeting -Reg 30
12 Aug - Q1 FY2025 unaudited financial results approved; AGM set for Sept 22, 2025; dividend and e-voting dates fixed.
Annual reports
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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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Financial Year 2005
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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