Steel City Securities Ltd

Steel City Securities Ltd

₹ 105 -0.23%
21 May 9:44 a.m.
About

Incorporated in 1995, Steel City Securities Ltd provides stock broking and e-governance services[1]

Key Points

Business Overview:[1]
Company is in the business of retail stock
broking operations in Tamil Nadu, Karnataka, Orissa, Chattisgarh, and Maharashtra. It provides a trading platform for **Capital Market, Futures & Options, Commodities and Currency Derivatives from NSE, BSE, MCX, MSE, and NCDEX. **

  • Market Cap 159 Cr.
  • Current Price 105
  • High / Low 136 / 80.0
  • Stock P/E 9.80
  • Book Value 74.4
  • Dividend Yield 2.85 %
  • ROCE 20.8 %
  • ROE 15.1 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Promoter holding has increased by 1.78% over last quarter.

Cons

  • The company has delivered a poor sales growth of 6.54% over past five years.
  • Company has a low return on equity of 12.7% over last 3 years.
  • Contingent liabilities of Rs.52.2 Cr.
  • Company has high debtors of 365 days.
  • Working capital days have increased from 150 days to 476 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
16.36 13.09 14.31 13.28 13.83 12.98 15.20 13.57 17.30 16.66 18.49 16.23 13.75
12.38 10.49 11.36 9.20 11.39 10.59 12.07 10.31 12.39 11.64 13.21 10.53 10.26
Operating Profit 3.98 2.60 2.95 4.08 2.44 2.39 3.13 3.26 4.91 5.02 5.28 5.70 3.49
OPM % 24.33% 19.86% 20.61% 30.72% 17.64% 18.41% 20.59% 24.02% 28.38% 30.13% 28.56% 35.12% 25.38%
0.98 0.64 0.71 0.86 0.88 0.84 0.71 0.79 1.15 0.81 1.62 0.81 1.39
Interest 0.13 0.11 0.11 0.16 0.21 0.11 0.12 0.13 0.24 0.31 0.33 0.30 0.28
Depreciation 0.15 0.16 0.16 0.18 0.22 0.28 0.28 0.28 0.18 0.25 0.25 0.24 0.24
Profit before tax 4.68 2.97 3.39 4.60 2.89 2.84 3.44 3.64 5.64 5.27 6.32 5.97 4.36
Tax % 27.78% 25.25% 29.20% 23.70% 29.07% 25.35% 28.78% 28.30% 23.76% 27.51% 21.99% 27.64% 27.52%
3.37 2.22 2.41 3.52 2.06 2.13 2.44 2.61 4.30 3.82 4.93 4.31 3.15
EPS in Rs 2.23 1.47 1.60 2.33 1.36 1.41 1.62 1.73 2.85 2.53 3.26 2.85 2.09
Raw PDF

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
22 32 27 35 64 61 47 55 66 58 63 65
15 19 19 27 45 46 38 41 47 42 45 46
Operating Profit 6 12 8 8 19 16 9 14 19 15 17 19
OPM % 29% 39% 28% 24% 29% 25% 19% 26% 29% 27% 28% 30%
0 0 0 0 0 0 3 0 0 0 0 5
Interest 1 1 1 1 2 1 1 1 1 1 1 1
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 5 10 6 7 16 13 10 13 18 14 16 22
Tax % 30% 35% 31% 33% 30% 33% 26% 26% 27% 26% 26% 26%
3 7 4 5 11 9 8 9 13 10 11 16
EPS in Rs 2.65 5.30 3.17 3.08 7.33 5.91 5.02 6.17 8.56 6.76 7.61 10.74
Dividend Payout % 0% 0% 38% 65% 34% 42% 30% 49% 35% 44% 39% 0%
Compounded Sales Growth
10 Years: 7%
5 Years: 7%
3 Years: -1%
TTM: 4%
Compounded Profit Growth
10 Years: 9%
5 Years: 16%
3 Years: 8%
TTM: 41%
Stock Price CAGR
10 Years: %
5 Years: 42%
3 Years: 24%
1 Year: 8%
Return on Equity
10 Years: 12%
5 Years: 13%
3 Years: 13%
Last Year: 15%

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 12 12 12 15 15 15 15 15 15 15 15 15
Reserves 33 34 36 47 53 56 60 66 75 80 87 97
3 18 5 0 0 0 0 1 0 0 4 3
24 22 22 38 56 54 58 68 76 71 86 80
Total Liabilities 72 86 76 100 124 125 133 150 166 166 192 196
5 3 3 4 4 4 5 4 4 13 12 11
CWIP 0 0 0 0 0 0 0 2 3 0 0 0
Investments 1 2 3 5 5 7 7 7 7 7 9 9
66 80 70 92 115 114 121 137 152 146 171 175
Total Assets 72 86 76 100 124 125 133 150 166 166 192 196

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
8 -9 8 9 20 14 7 2 24 16 -19 3
2 0 1 10 0 -1 1 1 1 -3 1 3
-12 9 -16 -9 -5 -5 -4 -3 -6 -5 -1 -8
Net Cash Flow -2 0 -7 10 16 8 4 -0 18 8 -18 -2

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 625 545 607 542 298 260 321 425 316 276 317 365
Inventory Days
Days Payable
Cash Conversion Cycle 625 545 607 542 298 260 321 425 316 276 317 365
Working Capital Days 234 300 311 164 -6 4 -70 28 -52 -130 104 476
ROCE % 11% 20% 12% 14% 27% 21% 15% 17% 21% 16% 16% 21%

Shareholding Pattern

Numbers in percentages

30 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
63.52% 64.54% 65.68% 67.38% 68.81% 69.27% 69.93% 70.19% 70.69% 70.86% 70.86% 72.64%
0.00% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.47% 0.34% 0.34% 0.22%
0.17% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
36.31% 35.29% 34.14% 32.45% 31.02% 30.56% 29.90% 29.64% 28.84% 28.80% 28.80% 27.14%
No. of Shareholders 10,11810,1199,9199,6819,7339,78410,76212,18211,84111,99911,99913,793

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents