Steel City Securities Ltd

Steel City Sec. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Steel City Securities Ltd

₹ 67.4 0.60%
01 Dec 12:14 p.m.
Company website NSE : STEELCITY
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. **

Website NSE
  • Market Cap ₹ 102 Cr.
  • Current Price ₹ 67.4
  • High / Low ₹ 75.0 / 55.5
  • Stock P/E 9.85
  • Book Value ₹ 75.9
  • Dividend Yield 4.43 %
  • ROCE 14.3 %
  • ROE 10.4 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Stock is trading at 0.89 times its book value
  • Stock is providing a good dividend yield of 4.43%.
  • Company has been maintaining a healthy dividend payout of 38.7%
  • Promoter holding has increased by 1.43% over last quarter.

Cons

  • The company has delivered a poor sales growth of -2.32% over past five years.
  • Company has a low return on equity of 11.9% over last 3 years.
  • Contingent liabilities of Rs.59.7 Cr.
  • Company has high debtors of 271 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

Sector: Stock/ Commodity Brokers Industry: Finance & Investments

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
13.98 13.37 14.89 13.54 16.57 17.14 16.38 13.12 14.33 13.30 13.86 12.99 15.26
10.68 11.17 11.19 10.70 11.91 12.48 12.44 10.60 11.35 9.22 11.51 10.69 12.08
Operating Profit 3.30 2.20 3.70 2.84 4.66 4.66 3.94 2.52 2.98 4.08 2.35 2.30 3.18
OPM % 23.61% 16.45% 24.85% 20.97% 28.12% 27.19% 24.05% 19.21% 20.80% 30.68% 16.96% 17.71% 20.84%
0.72 0.93 0.82 0.65 0.65 0.66 1.08 0.71 1.66 0.95 0.89 0.85 0.68
Interest 0.15 0.12 0.12 0.13 0.11 0.12 0.13 0.11 0.11 0.16 0.24 0.13 0.14
Depreciation 0.17 0.18 0.16 0.17 0.17 0.17 0.16 0.16 0.17 0.18 0.22 0.28 0.28
Profit before tax 3.70 2.83 4.24 3.19 5.03 5.03 4.73 2.96 4.36 4.69 2.78 2.74 3.44
Tax % 31.62% 16.25% 27.59% 26.96% 28.43% 25.25% 27.91% 25.34% 28.44% 23.88% 28.78% 25.55% 29.07%
2.60 2.52 3.18 2.72 3.78 3.89 3.44 2.24 3.23 3.75 1.99 2.15 2.46
EPS in Rs 1.72 1.67 2.10 1.80 2.50 2.57 2.28 1.48 2.14 2.48 1.32 1.42 1.63
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
33 31 27 35 30 38 66 64 51 55 67 59 55
23 22 19 22 22 29 47 49 40 40 47 43 44
Operating Profit 10 10 8 13 8 9 19 15 12 15 19 16 12
OPM % 32% 31% 28% 38% 28% 24% 29% 24% 22% 27% 29% 28% 21%
0 0 0 0 0 0 0 0 0 0 0 0 3
Interest 1 1 1 1 1 1 2 1 1 1 1 1 1
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 8 8 6 11 6 8 16 13 10 14 18 15 14
Tax % 34% 33% 33% 35% 34% 33% 30% 34% 26% 26% 27% 26%
6 5 4 7 4 5 11 9 7 11 14 11 10
EPS in Rs 3.59 3.67 2.87 5.52 3.37 3.32 7.53 5.96 4.71 7.00 9.15 7.42 6.85
Dividend Payout % 0% 0% 0% 0% 36% 60% 33% 42% 32% 43% 33% 40%
Compounded Sales Growth
10 Years: 6%
5 Years: -2%
3 Years: 5%
TTM: -9%
Compounded Profit Growth
10 Years: 9%
5 Years: 0%
3 Years: 16%
TTM: -19%
Stock Price CAGR
10 Years: %
5 Years: 0%
3 Years: 23%
1 Year: 10%
Return on Equity
10 Years: 11%
5 Years: 11%
3 Years: 12%
Last Year: 10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 12 12 12 12 12 15 15 15 15 15 15 15 15
Reserves 34 39 41 43 45 57 64 71 73 80 90 96 100
6 13 3 18 5 0 0 0 0 1 0 1 2
40 35 32 29 31 44 62 59 59 68 77 71 82
Total Liabilities 92 99 89 102 94 117 141 145 147 165 182 183 198
6 6 6 4 4 7 7 9 9 9 9 26 25
CWIP 0 0 0 0 0 0 0 0 0 2 7 4 4
Investments 0 1 1 2 3 4 5 7 6 5 6 6 6
86 93 83 96 86 106 129 130 132 148 159 147 162
Total Assets 92 99 89 102 94 117 141 145 147 165 182 183 198

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-7 -12 5 -8 9 7 16 13 4 2 28 16
2 2 2 1 0 10 0 -1 1 3 -3 -11
5 6 -12 9 -16 -9 -5 -5 -4 -3 -6 -3
Net Cash Flow 0 -4 -6 1 -7 8 12 7 1 1 19 3

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 366 498 533 510 550 512 293 275 300 424 316 271
Inventory Days
Days Payable
Cash Conversion Cycle 366 498 533 510 550 512 293 275 300 424 316 271
Working Capital Days -27 146 161 243 223 129 -1 4 -39 55 -50 -115
ROCE % 14% 10% 18% 11% 12% 23% 17% 12% 15% 19% 14%

Shareholding Pattern

Numbers in percentages

Shareholding pattern is currently not available for this company.

Documents

Announcements

Annual reports

DRHP