MarketFriction

Steel Strips Ltd(Merged)

BSE 504717 · Iron & Steel Products
Market cap₹Cr.
Merged or delisted

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021
Sales0.000.000.000.000.000.000.000.000.000.000.000.00
Expenses0.090.090.510.120.020.230.050.250.040.030.020.06
Operating Profit-0.09-0.09-0.51-0.12-0.02-0.23-0.05-0.25-0.04-0.03-0.02-0.06
OPM %
Other Income0.000.900.000.00-0.030.000.000.00-0.010.000.000.00
Interest0.000.000.000.000.000.070.000.000.000.000.000.00
Depreciation0.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax-0.090.81-0.51-0.12-0.05-0.30-0.05-0.25-0.05-0.03-0.02-0.06
Tax %0.00%22.22%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit-0.090.63-0.51-0.12-0.05-0.30-0.05-0.25-0.05-0.03-0.02-0.06
EPS in Rs
Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021TTM
Sales0.000.000.00-0.010.00-0.020.00-0.020.000.000.000.00
Expenses0.090.120.080.140.150.290.680.870.530.890.370.15
Operating Profit-0.09-0.12-0.08-0.15-0.15-0.31-0.68-0.89-0.53-0.89-0.37-0.15
OPM %
Other Income3.500.040.030.040.030.440.181.792.800.00-0.01-0.01
Interest0.000.000.010.000.000.000.000.000.000.100.000.00
Depreciation0.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax3.41-0.08-0.06-0.11-0.120.13-0.500.902.27-0.99-0.38-0.16
Tax %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%7.93%0.00%0.00%
Net Profit3.41-0.08-0.06-0.11-0.120.13-0.500.902.09-0.99-0.38-0.16
EPS in Rs
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%%%%
Compounded Profit Growth%%%76%
Stock Price CAGR%%%%
Return on Equity%%%%
Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Equity Capital8.288.288.288.288.288.288.288.288.288.288.288.28
Reserves-13.68-10.40-10.48-10.54-10.65-10.76-10.63-11.13-10.22-8.13-9.12-9.50
Borrowings0.000.020.050.160.110.070.070.000.000.000.000.00
Other Liabilities6.082.142.192.132.292.452.332.902.331.621.621.71
Total Liabilities0.680.040.040.030.030.040.050.050.391.770.780.49
Fixed Assets0.160.000.000.000.000.000.000.000.000.000.000.00
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.000.000.000.000.000.00
Other Assets0.520.040.040.030.030.040.050.050.391.770.780.49
Total Assets0.680.040.040.030.030.040.050.050.391.770.780.49
Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Cash from Operating Activity-0.18-2.940.00-0.10-0.14-0.110.150.061.511.16-1.03-0.32
Cash from Investing Activity0.002.910.000.000.000.000.000.000.000.000.000.00
Cash from Financing Activity0.000.000.000.100.140.11-0.15-0.070.000.200.000.00
Net Cash Flow-0.18-0.030.000.000.000.010.000.001.511.36-1.03-0.32
Free Cash Flow-0.18-0.030.00-0.10-0.14-0.110.150.061.511.16-1.03-0.32
CFO/OP129%3,267%0%125%80%73%-48%-9%-170%-253%116%86%
Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Debtor Days0.000.000.00
Inventory Days0.000.000.00
Days Payable
Cash Conversion Cycle0.000.000.00
Working Capital Days0.00-182.50730.00
ROCE %
Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021
Promoters33.43%33.43%33.43%33.43%33.43%33.43%33.43%33.43%33.43%33.43%33.43%33.43%
DIIs5.36%5.36%5.36%5.36%5.36%5.36%5.36%5.36%5.36%5.36%5.36%5.36%
Public61.21%61.21%61.21%61.21%61.21%61.21%61.21%61.21%61.21%61.21%61.21%61.21%
No. of Shareholders23,02323,00823,00623,00623,00523,00223,00222,99722,99822,99822,99823,001

Fundamentals

Market Cap₹ Cr.
Current Price₹
Book Value₹
ROCE%
ROE%
Dividend Yield%
Face Value₹ 10.0
Compounded Sales Growth (TTM)%
Compounded Profit Growth (TTM)76%
Standalone figures.
Profitability
ROE36.89%
ROA-59.84%
ROE, 3-year average30.11%
ROA, 3-year average18.68%
ROE, 5-year average14.40%
ROA, 5-year average-106.98%
Other income / net worth0.82%
Per share
EPS, 3-year averageRs 0.66
EPS, 5-year averageRs 0.45
Efficiency
Cash conversion cycle0 days
Working capital days730 days
Leverage
Cash and bankRs 0 Cr
Net debtRs -0 Cr
Owners' fund to total sources-248.98%
Cash flow
Cash from Operating Activity (latest year)Rs -0 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -0 Cr
Cash from ops / profit, 5 years1.23x
Statement figures
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs -0 Cr
EBITDA (TTM)Rs -0 Cr
PBDT (TTM)Rs -0 Cr
Profit before tax (TTM)Rs -0 Cr
Net profit (TTM)Rs -0 Cr
Net profit (latest year)Rs -0 Cr
Net profit (latest quarter)Rs -0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total income (latest year)Rs -0 Cr
Share capitalRs 8 Cr
ReservesRs -10 Cr
Shareholders' fundsRs -1 Cr
Total assetsRs 0 Cr
Other liabilitiesRs 2 Cr
Shares outstanding (crore)0.00
Ownership
Promoter holding33.43% (+0.00 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).
Not enough price history.

Red flags

seriousNegative equity Shareholders' equity is negative
explainWeak cash conversion Cash from operations was -26% of net profit over the last 3 years
lookRepeated 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

Sep 2021
Sales ₹0 Cr. Net loss ₹0 Cr.

Activity

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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 Steel Strips Ltd(Merged)?

Steel Strips Ltd(Merged) (504717) has a market capitalisation of Rs Cr. at the close.

What were Steel Strips Ltd(Merged)'s latest quarterly results?

In the Sep 2021 quarter, Steel Strips Ltd(Merged) sales was Rs 0 Cr with a net loss of Rs 0 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03