SRU Steels Ltd
₹ 4.28
3.38%
23 May
- close price
About
Incorporated in 1995, SRU Steels Ltd does trading of stainless steels and acts as consignment agent[1]
Key Points
- Market Cap ₹ 25.6 Cr.
- Current Price ₹ 4.28
- High / Low ₹ 15.2 / 3.61
- Stock P/E
- Book Value ₹ 2.17
- Dividend Yield 0.00 %
- ROCE 3.27 %
- ROE 2.38 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -12.0% over past five years.
- Company has a low return on equity of 3.21% 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.
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Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Upcoming result date: 26 May 2025
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.54 | 0.68 | 0.53 | 0.46 | 0.93 | 21.36 | 33.32 | 38.47 | 26.25 | 14.10 | 15.79 | 17.61 | 10.53 | |
| 0.42 | 0.54 | 0.86 | 0.88 | 0.84 | 20.86 | 33.16 | 38.55 | 26.19 | 14.48 | 15.37 | 17.79 | 11.43 | |
| Operating Profit | 0.12 | 0.14 | -0.33 | -0.42 | 0.09 | 0.50 | 0.16 | -0.08 | 0.06 | -0.38 | 0.42 | -0.18 | -0.90 |
| OPM % | 22.22% | 20.59% | -62.26% | -91.30% | 9.68% | 2.34% | 0.48% | -0.21% | 0.23% | -2.70% | 2.66% | -1.02% | -8.55% |
| 0.06 | 0.08 | 0.61 | 0.76 | 0.39 | 0.39 | 0.29 | 0.50 | 0.82 | 0.95 | 0.93 | 0.70 | 0.00 | |
| Interest | 0.00 | 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 | 0.05 | 0.04 | 0.04 | 0.06 | 0.05 | 0.03 | 0.03 | 0.07 | 0.13 | 0.11 | 0.10 | 0.08 | 0.05 |
| Profit before tax | 0.13 | 0.18 | 0.24 | 0.28 | 0.43 | 0.86 | 0.42 | 0.30 | 0.29 | 0.31 | 0.94 | 0.44 | -0.95 |
| Tax % | 30.77% | 33.33% | 33.33% | 32.14% | 32.56% | 25.58% | 28.57% | 26.67% | 27.59% | 25.81% | 26.60% | 25.00% | |
| 0.09 | 0.12 | 0.16 | 0.20 | 0.30 | 0.64 | 0.30 | 0.22 | 0.21 | 0.23 | 0.70 | 0.32 | -0.98 | |
| EPS in Rs | 0.03 | 0.04 | 0.03 | 0.03 | 0.05 | 0.11 | 0.05 | 0.04 | 0.04 | 0.04 | 0.12 | 0.05 | -0.16 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 37.47% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 38% |
| 5 Years: | -12% |
| 3 Years: | -12% |
| TTM: | -60% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 1% |
| 3 Years: | 15% |
| TTM: | -238% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -56% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 3% |
| 3 Years: | 3% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.63 | 3.63 | 7.99 | 7.99 | 7.99 | 7.99 | 7.99 | 7.99 | 7.99 | 7.99 | 7.99 | 11.99 | 11.99 |
| Reserves | 0.97 | 1.10 | 2.63 | 2.83 | 3.14 | 3.75 | 4.05 | 4.27 | 4.45 | 4.68 | 5.30 | 1.63 | 1.04 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.40 | 0.55 | 0.00 | 0.00 | 0.00 | |
| 0.23 | 1.88 | 2.09 | 2.85 | 5.26 | 5.24 | 1.59 | 6.64 | 5.14 | 4.38 | 6.51 | 0.87 | 0.90 | |
| Total Liabilities | 4.83 | 6.61 | 12.71 | 13.67 | 16.39 | 16.98 | 13.63 | 18.90 | 17.98 | 17.60 | 19.80 | 14.49 | 13.93 |
| 0.15 | 0.12 | 0.08 | 0.14 | 0.11 | 0.08 | 0.41 | 0.71 | 0.57 | 0.48 | 0.45 | 0.34 | 0.31 | |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 4.68 | 6.49 | 12.63 | 13.53 | 16.28 | 16.90 | 13.22 | 18.19 | 17.41 | 17.12 | 19.35 | 14.15 | 13.62 | |
| Total Assets | 4.83 | 6.61 | 12.71 | 13.67 | 16.39 | 16.98 | 13.63 | 18.90 | 17.98 | 17.60 | 19.80 | 14.49 | 13.93 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.41 | -0.20 | -0.06 | -0.72 | 0.98 | -0.01 | -0.13 | 8.42 | -10.62 | -0.30 | -0.53 | ||
| -0.02 | 0.41 | -0.12 | 0.38 | 0.38 | -0.07 | 0.09 | 0.70 | 0.88 | 0.82 | 0.55 | ||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.15 | -0.55 | 0.00 | ||
| 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 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 2,196.76 | 1,513.68 | 1,391.13 | 975.98 | 934.09 | 210.52 | 48.75 | 59.96 | 61.60 | 70.67 | 70.97 | 14.92 |
| Inventory Days | 19.15 | 0.00 | 18.24 | 11.93 | 29.12 | 55.17 | 0.00 | |||||
| Days Payable | 90.79 | 26.66 | 23.85 | 19.23 | 66.41 | |||||||
| Cash Conversion Cycle | 2,196.76 | 1,513.68 | 1,391.13 | 975.98 | 934.09 | 138.89 | 48.75 | 51.55 | 49.67 | 80.57 | 59.72 | 14.92 |
| Working Capital Days | 2,690.19 | 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 |
| ROCE % | 2.85% | 3.86% | 3.13% | 2.61% | 3.92% | 7.43% | 3.53% | 2.88% | 6.06% | 3.53% | 9.43% | 3.27% |
Documents
Announcements
-
Board Meeting Intimation for Consideration And Approval Of The Audited Financial Results
For The Quarter/Year Ended 31St March, 2025 Alongwith Statement Of Assets And Liabilities And Cash Flow
Statement For The Year Ended 31St March, 2025.
20 May - Board meeting on May 26, 2025 to approve audited financial results and appoint secretarial auditor.
-
Intimation Of Receipt Of Approval For Reclassification Application Of Promoters Under Regulation 31A Of SEBI (LODR)
Regulations, 2015
9 May - BSE approved promoter reclassification of Anant Overseas and Ujala Stainless to public category.
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 7 May
-
Revision Of Cut-Off Date For The Purpose Of Taking Record Of The Shareholders Entitled To Cast Their Vote By Postal Ballot Through Remote E-Voting.
5 May - Revised cut-off date for shareholder voting to May 2, 2025, from April 25, 2025.
-
Revision Of Cut-Off Date For The Purpose Of Taking Record Of The Shareholders Entitled To Cast Their Vote By Postal Ballot Through Remote E-Voting.
5 May - Revised cut-off date for shareholder voting by postal ballot to May 2, 2025.
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