Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 0 | 19 | 6 | 34 | 52 |
| Expenses | 0 | 0 | 1 | 3 | 3 | 3 | 6 | 2 | 24 | 10 | 41 | 56 |
| Operating Profit | -0 | -0 | -0 | -2 | -3 | -1 | -4 | -2 | -5 | -4 | -8 | -4 |
| OPM % | -110% | -790% | -1,421% | -79% | -181% | -552% | -26% | -75% | -23% | -8% | ||
| Other Income | 2 | 0 | 169 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 3 | 0 | 0 | 4 | 3 | 2 | 2 | 4 | 8 | 10 |
| Depreciation | 0 | 0 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | -0 | 163 | -3 | -3 | -6 | -8 | -5 | -8 | -9 | -16 | -15 |
| Tax % | -33% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 2 | -0 | 163 | -3 | -3 | -6 | -8 | -5 | -8 | -9 | -16 | -15 |
| EPS in Rs | 0.06 | -0.01 | 54.61 | -1.07 | -1.10 | -2.14 | -2.59 | -1.56 | -2.64 | -2.92 | -5.39 | -23.79 |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 542 | 532 | 571 | 506 | 531 | 465 | 73 | 0 | 0 | 4 | 59 | 110 |
| Expenses | 520 | 515 | 564 | 506 | 537 | 492 | 128 | 3 | 2 | 14 | 77 | 131 |
| Operating Profit | 22 | 17 | 7 | -0 | -6 | -27 | -56 | -3 | -1 | -9 | -18 | -21 |
| OPM % | 4.0% | 3.2% | 1.3% | -0.1% | -1.1% | -6% | -77% | -432% | -225% | -32% | -19% | |
| Other Income | 3 | 4 | 14 | 25 | 4 | -0 | -9 | 9 | 173 | 0 | 1 | 1 |
| Interest | 20 | 20 | 21 | 21 | 26 | 23 | 26 | 12 | 3 | 7 | 15 | 23 |
| Depreciation | 5 | 4 | 3 | 3 | 10 | 7 | 6 | 4 | 3 | 4 | 4 | 4 |
| Profit before tax | 0 | -4 | -3 | 1 | -37 | -57 | -97 | -8 | 165 | -21 | -37 | -48 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
| Net Profit | 0 | -4 | -3 | 1 | -37 | -57 | -97 | -8 | 165 | -21 | -37 | -48 |
| EPS in Rs | 0.01 | -0.15 | -0.12 | 0.04 | -1.46 | -2.23 | -3.81 | -0.33 | 55.51 | -6.89 | -12.51 | -34.74 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -19% | % | % | 2528% | ||
| Compounded Profit Growth | -13% | % | % | -116% | ||
| Stock Price CAGR | 48% | % | % | % | ||
| Return on Equity | % | % | % | -174% |
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 43 | 43 | 43 | 43 | 43 | 43 | 43 | 43 | 43 | 5 | 5 | 5 |
| Reserves | 15 | 13 | -0 | -78 | -77 | -162 | -228 | -326 | -150 | 56 | 35 | -2 |
| Borrowings | 100 | 130 | 151 | 132 | 132 | 171 | 190 | 203 | 209 | 82 | 91 | 227 |
| Other Liabilities | 177 | 140 | 154 | 142 | 176 | 250 | 227 | 241 | 127 | 18 | 31 | 16 |
| Total Liabilities | 334 | 325 | 347 | 238 | 273 | 301 | 231 | 160 | 229 | 161 | 163 | 245 |
| Fixed Assets | 135 | 125 | 116 | 49 | 47 | 53 | 63 | 60 | 129 | 136 | 133 | 138 |
| CWIP | 2 | 1 | 1 | 1 | 1 | 10 | 6 | 2 | 0 | 0 | 3 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 198 | 199 | 231 | 188 | 225 | 239 | 162 | 99 | 99 | 25 | 27 | 104 |
| Total Assets | 334 | 325 | 347 | 238 | 273 | 301 | 231 | 160 | 229 | 161 | 163 | 245 |
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 21 | -17 | 5 | 43 | 10 | -30 | 46 | -5 | 0 | 44 | 5 | -100 |
| Cash from Investing Activity | -2 | 1 | -0 | -2 | 14 | 1 | -16 | 2 | 0 | -8 | -1 | -9 |
| Cash from Financing Activity | -17 | 14 | -2 | -41 | -21 | 29 | -32 | 3 | -1 | -36 | -4 | 120 |
| Net Cash Flow | 1 | -3 | 2 | 1 | 3 | -1 | -1 | -0 | -0 | 0 | 0 | 11 |
| Free Cash Flow | 18 | -18 | 4 | 41 | 25 | -37 | 30 | -7 | 0 | 36 | 6 | -109 |
| CFO/OP | 360% | -79% | 26% | 595% | -3,775% | 516% | -173% | 8% | -24% | -3,290% | -56% | 540% |
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 50 | 55 | 53 | 36 | 67 | 73 | 72 | 338 | 4,298 | 347 | 134 | |
| Inventory Days | 85 | 57 | 78 | 64 | 69 | 74 | 29 | 115 | 16,313 | 1,654 | 301 | |
| Days Payable | 161 | 111 | 126 | 105 | 146 | 150 | 154 | 1,132 | 17,141 | 3,738 | 31 | |
| Cash Conversion Cycle | -26 | 1 | 6 | -6 | -10 | -2 | -53 | -679 | 3,469 | -1,737 | 403 | |
| Working Capital Days | -46 | -8 | -9 | -21 | -29 | -102 | -170 | -1,536 | 6,299 | -1,137 | 347 | |
| ROCE % | -3% | 12% | 8% | 5% | -0% | -16% | -113% | -1% | -9% | -12% |
| Jun 2019 | Sep 2019 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 75.00% | 75.00% | 75.00% | 94.64% | 94.64% | 94.64% | 94.64% | 94.64% | 94.64% | 94.64% | 94.64% | 74.65% |
| DIIs | 0.06% | 0.06% | 0.07% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% |
| Public | 24.94% | 24.94% | 24.94% | 5.35% | 5.35% | 5.34% | 5.34% | 5.34% | 5.34% | 5.35% | 5.34% | 25.35% |
| No. of Shareholders | 1,30,028 | 1,30,019 | 1,30,019 | 1,30,023 | 1,30,023 | 14,237 | 14,237 | 14,237 | 14,237 | 6,808 | 6,764 | 6,831 |
Fundamentals
Market Cap₹ 133 Cr.
Current Price₹ 211
Book Value₹ 0.91
ROCE-12.2 %
ROE-174 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)2528%
Compounded Profit Growth (TTM)-116%
Standalone figures.
Valuation
Market capRs 101 Cr
Enterprise valueRs 316 Cr
Price to book37.02x
Price to sales0.91x
EV / sales2.86x
Earnings yield-47.29%
P/E, 3-year average0.00x
P/B, 3-year average4.52x
P/E, 5-year average0.00x
P/B, 5-year average2.69x
Profitability
Operating margin (excl. other income)-31.57%
Operating margin (incl. other income)-30.43%
EBITDA margin-18.05%
Pre-tax margin-43.15%
Net profit margin-43.14%
Net margin, latest quarter-28.71%
ROE-174.28%
ROCE-12.21%
ROA-18.27%
ROE, 3-year average-307.88%
ROCE, 3-year average38.68%
ROA, 3-year average17.98%
ROE, 5-year average-175.57%
ROCE, 5-year average36.94%
ROA, 5-year average-0.03%
ROIC (approx.)-11.16%
Other income / net worth24.63%
Growth
Sales growth (latest year)1300.24%
Sales CAGR, 5 years-33.92%
Sales growth QoQ55.11%
Sales growth YoY (latest quarter)15712.12%
Per share
EPS (TTM)Rs -95.87
EPS (latest year)Rs -75.05
EPS (latest quarter)Rs -30.16
EPS, 3-year averageRs 72.22
EPS, 5-year averageRs 38.36
Book value per shareRs 5.48
Sales per shareRs 222.25
Cash flow per shareRs -201.13
Free cash flow per shareRs -219.49
Efficiency
Asset turnover0.24x
Fixed asset turnover0.43x
Inventory turnover1.47x
Inventory days249 days
Debtor days134 days
Debtors turnover2.73x
Creditor days31 days
Cash conversion cycle403 days
Working capital days347 days
Leverage
Total debtRs 227 Cr
Cash and bankRs 12 Cr
Net debtRs 215 Cr
Debt to equity83.38x
Interest coverage-1.04x
Owners' fund to total sources1.11%
Debt to assets92.39%
Cash flow
Cash from Operating Activity (latest year)Rs -100 Cr
Cash from Investing Activity (latest year)Rs -9 Cr
Cash from Financing Activity (latest year)Rs 120 Cr
Net Cash Flow (latest year)Rs 11 Cr
Free cash flow (latest year)Rs -109 Cr
FCFE (approx.: FCF + change in debt)Rs 26 Cr
Cash from ops / profit, 5 years-28.00x
Statement figures
Net sales (TTM)Rs 110 Cr
Net sales (latest year)Rs 59 Cr
Sales (latest quarter)Rs 52 Cr
Operating profit excl. other income (latest year)Rs -18 Cr
Operating profit (latest quarter)Rs -4 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs -20 Cr
PBDT (TTM)Rs -43 Cr
Profit before tax (TTM)Rs -48 Cr
Net profit (TTM)Rs -48 Cr
Net profit (latest year)Rs -37 Cr
Net profit (latest quarter)Rs -15 Cr
Depreciation (TTM)Rs 4 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 23 Cr
Cost of goods sold (latest year)Rs 64 Cr
Total expenditure (latest year)Rs 77 Cr
Total income (latest year)Rs 59 Cr
Share capitalRs 5 Cr
ReservesRs -2 Cr
Shareholders' fundsRs 3 Cr
Total assetsRs 245 Cr
Net blockRs 138 Cr
Capital work in progressRs 3 Cr
ReceivablesRs 21 Cr
InventoryRs 44 Cr
Other liabilitiesRs 16 Cr
Shares outstanding (crore)0.50
Ownership
Promoter holding74.65% (-19.99 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | 500399 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -9.5% | -2.8% | -6.8 pts |
| 1 month | -18.5% | -6.8% | -11.7 pts |
| 3 months | +83.9% | -7.6% | +91.5 pts |
| 3 years | +15496.2% | +14.2% | +15482.0 pts |
| 5 years | +15496.2% | +27.9% | +15468.3 pts |
Red flags
F-score 3 of 8| explain | Weak cash conversion Cash from operations was -47% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 26% of total assets in 2026 |
| explain | Debt up, profit down Borrowings up 148% while net profit fell in 2026 |
| look | Repeated losses Net loss in each of the last two years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹52 Cr.
Net loss ₹15 Cr.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Welspun Corp Ltd | 74,969 | 32.5 | 22.9 % |
| APL Apollo Tubes Ltd | 60,768 | 49.4 | 31.8 % |
| Shyam Metalics & Energy Ltd | 29,979 | 26.7 | 13.0 % |
| Ratnamani Metals & Tubes Ltd | 19,859 | 45.3 | 17.9 % |
| Jindal Saw Ltd | 17,759 | 27.2 | 10.4 % |
| Usha Martin Ltd | 15,204 | 27.9 | 19.5 % |
| Godawari Power & Ispat Ltd | 14,902 | 18.2 | 20.5 % |
| Gallantt Ispat Ltd. | 13,007 | 29.8 | 18.2 % |
| Maharashtra Seamless Ltd | 9,672 | 13.1 | 14.3 % |
| Jayaswal Neco Industries Ltd | 8,997 | 15.7 | 20.7 % |
| Sunflag Iron & Steel Company Ltd | 8,368 | 39.4 | 4.07 % |
| Man Industries (India) Ltd | 7,198 | 35.2 | 16.2 % |
| Aeroflex Industries Ltd | 7,141 | 106 | 18.9 % |
| Technocraft Industries (India) Ltd | 6,635 | 19.5 | 16.3 % |
| Shivalik Bimetal Controls Ltd | 6,402 | 60.1 | 26.6 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Steelco Gujarat Ltd?
Steelco Gujarat Ltd (500399) has a market capitalisation of Rs 133 Cr. at the 2026-10-01 close.
What were Steelco Gujarat Ltd's latest quarterly results?
In the Jun 2026 quarter, Steelco Gujarat Ltd sales was Rs 52 Cr with a net loss of Rs 15 Cr.