SRU Steels Ltd
Incorporated in 1995, SRU Steels Ltd does trading of stainless steels and acts as consignment agent[1]
- Market Cap ₹ 32.8 Cr.
- Current Price ₹ 5.47
- High / Low ₹ 15.2 / 3.61
- Stock P/E
- Book Value ₹ 9.91
- Dividend Yield 0.00 %
- ROCE -1.26 %
- ROE -1.26 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.55 times its book value
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 0.89% over last 3 years.
- Debtor days have increased from 63.2 to 104 days.
- Working capital days have increased from 451 days to 785 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
Services Services Commercial Services & Supplies Trading & Distributors
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.68 | 0.53 | 0.46 | 0.93 | 21.36 | 33.32 | 38.47 | 26.25 | 14.10 | 15.79 | 17.61 | 25.34 | |
| 0.54 | 0.86 | 0.88 | 0.84 | 20.86 | 33.16 | 38.55 | 26.19 | 14.48 | 15.37 | 17.79 | 26.00 | |
| Operating Profit | 0.14 | -0.33 | -0.42 | 0.09 | 0.50 | 0.16 | -0.08 | 0.06 | -0.38 | 0.42 | -0.18 | -0.66 |
| OPM % | 20.59% | -62.26% | -91.30% | 9.68% | 2.34% | 0.48% | -0.21% | 0.23% | -2.70% | 2.66% | -1.02% | -2.60% |
| 0.08 | 0.61 | 0.76 | 0.39 | 0.39 | 0.29 | 0.50 | 0.82 | 0.95 | 0.93 | 0.70 | 0.26 | |
| Interest | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.05 | 0.46 | 0.15 | 0.31 | -0.00 | -0.00 |
| Depreciation | 0.04 | 0.04 | 0.06 | 0.05 | 0.03 | 0.03 | 0.07 | 0.13 | 0.11 | 0.10 | 0.08 | 0.06 |
| Profit before tax | 0.18 | 0.24 | 0.28 | 0.43 | 0.86 | 0.42 | 0.30 | 0.29 | 0.31 | 0.94 | 0.44 | -0.46 |
| Tax % | 33.33% | 33.33% | 32.14% | 32.56% | 25.58% | 28.57% | 26.67% | 27.59% | 25.81% | 26.60% | 25.00% | -0.00% |
| 0.12 | 0.16 | 0.20 | 0.30 | 0.64 | 0.30 | 0.22 | 0.21 | 0.23 | 0.70 | 0.32 | -0.46 | |
| EPS in Rs | 0.04 | 0.03 | 0.03 | 0.05 | 0.11 | 0.05 | 0.04 | 0.04 | 0.04 | 0.12 | 0.05 | -0.08 |
| Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | 37.47% | -0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 47% |
| 5 Years: | -8% |
| 3 Years: | 22% |
| TTM: | 44% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -244% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -44% |
| Return on Equity | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 1% |
| 3 Years: | 1% |
| Last Year: | -1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 3.63 | 7.99 | 7.99 | 7.99 | 7.99 | 7.99 | 7.99 | 7.99 | 7.99 | 7.99 | 11.99 | 59.94 |
| Reserves | 1.10 | 2.63 | 2.83 | 3.14 | 3.75 | 4.05 | 4.27 | 4.45 | 4.68 | 5.30 | 1.63 | -0.52 |
| -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.40 | 0.55 | -0.00 | -0.00 | -0.00 | |
| 1.88 | 2.09 | 2.85 | 5.26 | 5.24 | 1.59 | 6.64 | 5.14 | 4.38 | 6.51 | 0.87 | 0.68 | |
| Total Liabilities | 6.61 | 12.71 | 13.67 | 16.39 | 16.98 | 13.63 | 18.90 | 17.98 | 17.60 | 19.80 | 14.49 | 60.10 |
| 0.12 | 0.08 | 0.14 | 0.11 | 0.08 | 0.41 | 0.71 | 0.57 | 0.48 | 0.45 | 0.34 | 0.34 | |
| CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 1.90 |
| Investments | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 4.22 |
| 6.49 | 12.63 | 13.53 | 16.28 | 16.90 | 13.22 | 18.19 | 17.41 | 17.12 | 19.35 | 14.15 | 53.64 | |
| Total Assets | 6.61 | 12.71 | 13.67 | 16.39 | 16.98 | 13.63 | 18.90 | 17.98 | 17.60 | 19.80 | 14.49 | 60.10 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.41 | -0.20 | -0.06 | -0.72 | 0.98 | -0.01 | -0.13 | 8.42 | -10.62 | -0.30 | -0.53 | -38.74 | |
| -0.02 | 0.41 | -0.12 | 0.38 | 0.38 | -0.07 | 0.09 | 0.70 | 0.88 | 0.82 | 0.55 | -6.19 | |
| -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.15 | -0.55 | -0.00 | 47.50 | |
| Net Cash Flow | -0.43 | 0.21 | -0.17 | -0.34 | 1.36 | -0.07 | -0.03 | 9.12 | -9.60 | -0.03 | 0.02 | 2.57 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 1,513.68 | 1,391.13 | 975.98 | 934.09 | 210.52 | 48.75 | 59.96 | 61.60 | 70.67 | 70.97 | 14.92 | 103.85 |
| Inventory Days | 19.15 | -0.00 | 18.24 | 11.93 | 29.12 | 55.17 | -0.00 | 103.47 | ||||
| Days Payable | 90.79 | 26.66 | 23.85 | 19.23 | 66.41 | 6.77 | ||||||
| Cash Conversion Cycle | 1,513.68 | 1,391.13 | 975.98 | 934.09 | 138.89 | 48.75 | 51.55 | 49.67 | 80.57 | 59.72 | 14.92 | 200.55 |
| Working Capital Days | 719.26 | 6,941.89 | 8,093.48 | 4,038.55 | 178.57 | 115.35 | 100.00 | 22.53 | 287.60 | 294.96 | 272.97 | 784.74 |
| ROCE % | 3.86% | 3.13% | 2.61% | 3.92% | 7.43% | 3.53% | 2.88% | 6.06% | 3.53% | 9.43% | 3.27% | -1.26% |
Documents
Announcements
-
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
10 Jun - Shareholders approved Managing Director, director, auditor appointments; loan-related special resolutions failed.
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 10 Jun
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
31 May - Newspaper clipping of Audited Financial Results
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - SRU Steels submits Annual Secretarial Compliance Report for FY 2024-25; auditor resigned Feb 2025.
-
Announcement under Regulation 30 (LODR)-Change in Management
28 May - Appointment of Vishakha Agrawal & Associates as Secretarial Auditor for FY 2024-25.
Business Overview:[1][2][3]
Company trades in various types of steel products viz. stainless steels, mild steels, steel coils, sheets, carbon iron steel and also does sale of products on commission basis. Company is planning to sell directly to customers along with consignment sales. It has a franchisee of M/s Jindal Steel & Power Limited for trading in steel. Company is operating in Delhi and Ahmedabad only