Steel City Securities Ltd
Incorporated in 1995, Steel City Securities Ltd provides stock broking and e-governance services[1]
- Market Cap ₹ 162 Cr.
- Current Price ₹ 107
- High / Low ₹ 136 / 85.1
- Stock P/E 9.96
- Book Value ₹ 74.4
- Dividend Yield 2.80 %
- ROCE 20.9 %
- ROE 15.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 40.4%
- Promoter holding has increased by 1.78% over last quarter.
Cons
- The company has delivered a poor sales growth of 8.02% over past five years.
- Company has a low return on equity of 12.7% over last 3 years.
- Contingent liabilities of Rs.52.0 Cr.
- Company has high debtors of 341 days.
- Working capital days have increased from 39.0 days to 143 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
Financial Services Financial Services Capital Markets Stockbroking & Allied
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
22 | 32 | 27 | 35 | 64 | 61 | 47 | 55 | 66 | 58 | 63 | 70 | |
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 | 24 |
OPM % | 29% | 39% | 28% | 24% | 29% | 25% | 19% | 26% | 29% | 27% | 28% | 35% |
0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | |
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% | 37% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 8% |
3 Years: | 2% |
TTM: | 12% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 16% |
3 Years: | 8% |
TTM: | 41% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 33% |
3 Years: | 25% |
1 Year: | 20% |
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 | 341 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 625 | 545 | 607 | 542 | 298 | 260 | 321 | 425 | 316 | 276 | 317 | 341 |
Working Capital Days | 234 | 300 | 311 | 164 | -6 | 4 | -70 | 28 | -52 | -130 | 104 | 143 |
ROCE % | 11% | 20% | 12% | 14% | 27% | 21% | 15% | 17% | 21% | 16% | 16% | 21% |
Documents
Announcements
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Record Date
11 June 2025 - Record date for the purpose of Dividend & Meeting is 13-Jun-2025.
-
Notice Of Shareholders Meetings-XBRL
29 May 2025 - STEEL CITY SECURITIES LIMITED has informed about Notice of Shareholders Meeting for Annual General Meeting to be held on 21-Jun-2025
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Record Date
29 May 2025 - Book closure from 14-20 June 2025 for e-voting and final dividend eligibility for FY 2024-25.
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Outcome of Board Meeting
29 May 2025 - Board approved 31st AGM on 21 June 2025 and recommended 10% final dividend for FY 2024-25.
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General Updates
22 May 2025 - Investor presentation detailing FY25 financials, services, and expansion plans for Steel City Securities.
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. **