MarketFriction

Steel City Securities Ltd

NSE STEELCITY · Stockbroking & Allied
₹80.11 -1.52%
NSE close2026-10-01
52 week range71.26 - 103.79
Market cap₹124 Cr.
P/E7.30
IPO 2017 · +46% since Price band 20% Delivery 64.7%

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

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales15.2613.5917.3416.7218.5316.2813.7614.9915.4315.2816.5719.27
Expenses12.0810.2612.4011.6213.2010.5310.3110.6111.2910.6812.9711.15
Operating Profit3.183.334.945.105.335.753.454.384.144.603.608.12
OPM %20.84%24.50%28.49%30.50%28.76%35.32%25.07%29.22%26.83%30.10%21.73%42.14%
Other Income0.680.771.110.831.710.811.331.060.870.881.671.17
Interest0.140.100.240.310.330.300.280.160.230.270.240.22
Depreciation0.280.290.180.250.250.250.240.230.230.230.210.23
Profit before tax3.443.715.635.376.466.014.265.054.554.984.828.84
Tax %29.07%29.92%24.33%27.56%21.83%27.79%27.70%25.35%25.93%25.30%25.52%25.79%
Net Profit2.462.854.404.245.144.852.934.083.133.723.366.80
EPS in Rs1.631.892.912.813.403.211.942.702.072.462.224.50
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales303866645155675963706767
Expenses222947494040474345464546
Operating Profit8919151215191617242120
OPM %28%24%29%24%22%27%29%28%28%35%32%31%
Other Income000000000005
Interest112111111111
Depreciation111111111111
Profit before tax6816131014181516221923
Tax %34%33%30%34%26%26%27%26%27%26%26%
Net Profit45119711141112171417
EPS in Rs3.373.327.535.964.717.009.157.427.8511.359.4611.25
Dividend Payout %36%60%33%42%32%43%33%40%38%35%42%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth8%4%4%5%
Compounded Profit Growth13%6%8%0%
Stock Price CAGR%7%8%-19%
Return on Equity11%12%12%11%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital121215151515151515151515
Reserves434557647173809096103114123
Borrowings18500001015410
Other Liabilities293144625959687771868090
Total Liabilities10294117141145147165182183209214237
Fixed Assets4477999926252424
CWIP000000274469
Investments234576566776
Other Assets9686106129130132148159147174176199
Total Assets10294117141145147165182183209214237
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-8971613422816-1930
Cash from Investing Activity10100-113-3-10313
Cash from Financing Activity9-16-9-5-5-4-3-6-3-1-8-2
Net Cash Flow1-7812711193-16-41
Free Cash Flow-981615102-0212-190-3
CFO/OP-62%137%105%101%102%56%33%168%124%-83%38%25%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days510550512293275300424316271317340373
Inventory Days
Days Payable
Cash Conversion Cycle510550512293275300424316271317340373
Working Capital Days243167129-14-3955-50-123107145225
ROCE %18%11%12%23%17%12%15%19%14%14%18%14%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters69.27%69.93%70.19%70.69%70.86%70.86%72.64%73.87%74.70%74.70%74.70%74.70%
FIIs0.17%0.17%0.17%0.47%0.34%0.34%0.22%0.38%0.17%0.17%0.17%0.17%
Public30.56%29.90%29.64%28.84%28.80%28.80%27.14%25.75%25.13%25.13%25.13%25.13%
No. of Shareholders9,78410,76212,18211,84111,99911,99913,79313,00912,79313,43613,70013,675

Fundamentals

Market Cap₹ 124 Cr.
Current Price₹ 82.2
Stock P/E7.30
Book Value₹ 91.4
ROCE14.5 %
ROE10.7 %
Dividend Yield4.87 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)5%
Compounded Profit Growth (TTM)0%
Consolidated figures.
Valuation
Market capRs 121 Cr
Enterprise valueRs 69 Cr
P/E (TTM)7.11x
Price to book0.88x
Price to sales1.82x
EV / EBITDA2.75x
EV / EBIT2.86x
EV / sales1.04x
Price to cash flow432.22x
Earnings yield14.06%
Dividend yield4.99%
P/E, 3-year average8.70x
P/B, 3-year average0.98x
P/E, 5-year average8.20x
P/B, 5-year average0.93x
Profitability
Operating margin (excl. other income)31.85%
Operating margin (incl. other income)31.85%
EBITDA margin37.64%
Pre-tax margin34.85%
Net profit margin25.56%
Net margin, latest quarter35.29%
ROE10.68%
ROCE14.46%
ROA6.33%
ROE, 3-year average11.61%
ROCE, 3-year average15.49%
ROA, 3-year average6.83%
ROE, 5-year average11.80%
ROCE, 5-year average15.87%
ROA, 5-year average6.92%
ROIC (approx.)20.92%
Tax rate25.54%
Growth
Sales growth (latest year)-4.57%
Profit growth (latest year)-16.68%
Sales CAGR, 3 years4.31%
Sales CAGR, 5 years3.82%
Profit CAGR, 3 years8.43%
Profit CAGR, 5 years6.22%
Sales growth QoQ16.29%
Profit growth QoQ102.38%
Sales growth YoY (latest quarter)28.55%
Profit growth YoY (latest quarter)66.67%
Per share
EPS (TTM)Rs 11.26
EPS (latest year)Rs 9.46
EPS (latest quarter)Rs 4.50
EPS, 3-year averageRs 9.55
EPS, 5-year averageRs 9.05
Book value per shareRs 91.35
Sales per shareRs 44.05
Cash flow per shareRs 0.19
Free cash flow per shareRs -1.99
Dividend per share (latest year)Rs 4.00
Dividend per share, 3-year averageRs 3.66
Dividend per share, 5-year averageRs 3.40
Dividends
Dividend payout42.27%
Dividend payout, 3-year average38.56%
Dividend payout, 5-year average37.77%
Efficiency
Asset turnover0.28x
Fixed asset turnover2.83x
Debtor days373 days
Debtors turnover0.98x
Cash conversion cycle373 days
Working capital days225 days
Leverage
Total debtRs 10 Cr
Cash and bankRs 62 Cr
Net debtRs -52 Cr
Debt to equity0.07x
Net debt / EBITDA-2.08x
Interest coverage25.16x
Owners' fund to total sources58.13%
Debt to assets4.16%
Cash flow
Cash from Operating Activity (latest year)Rs 0 Cr
Cash from Investing Activity (latest year)Rs 3 Cr
Cash from Financing Activity (latest year)Rs -2 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs -3 Cr
FCFE (approx.: FCF + change in debt)Rs 3 Cr
Cash from ops / profit, 5 years0.41x
Sales to cash flow238.39x
Statement figures
Net sales (TTM)Rs 67 Cr
Net sales (latest year)Rs 67 Cr
Sales (latest quarter)Rs 19 Cr
Operating profit excl. other income (latest year)Rs 21 Cr
Operating profit (latest quarter)Rs 8 Cr
Other income (TTM)Rs 5 Cr
EBITDA (TTM)Rs 25 Cr
PBDT (TTM)Rs 24 Cr
Profit before tax (TTM)Rs 23 Cr
Tax (latest year)Rs 5 Cr
Net profit (TTM)Rs 17 Cr
Net profit (latest year)Rs 14 Cr
Net profit (latest quarter)Rs 7 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 3 Cr
Total expenditure (latest year)Rs 45 Cr
Total income (latest year)Rs 67 Cr
Share capitalRs 15 Cr
ReservesRs 123 Cr
Shareholders' fundsRs 138 Cr
Total assetsRs 237 Cr
Net blockRs 24 Cr
Capital work in progressRs 9 Cr
InvestmentsRs 6 Cr
ReceivablesRs 68 Cr
Other liabilitiesRs 90 Cr
Shares outstanding (crore)1.51
Ownership
Promoter holding74.70% (+0.83 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 7.1 is at the 24th percentile of its own 9.4-year range (median 8.4, low 3.0, high 40.6).
P/B 0.88 is at the 31th percentile (median 0.98).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodSTEELCITYNifty 50Difference
1 week-3.7%-2.8% -0.9 pts
1 month-3.6%-6.8% +3.2 pts
3 months+0.8%-7.6% +8.4 pts
6 months+11.3%+0.4% +10.9 pts
1 year-21.9%-9.9% -12.0 pts
2 years-19.8%-13.6% -6.2 pts
3 years+23.0%+14.2% +8.8 pts
5 years+37.5%+27.9% +9.6 pts

Red flags

F-score 3 of 8
explainWeak cash conversion Cash from operations was -34% of net profit over the last 3 years
explainDebt up, profit down Borrowings up 142% while net profit fell in 2026
lookRegulator order or action Regulator order or action 2026-07-02: Steel City Securities Limited has informed the Exchange about Action(s) taken or orders passed
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 2026
Sales ₹19 Cr +28.6% vs Jun 2025. Net profit ₹7 Cr +66.7%.
Against our estimate for Jun 2026: sales +20.0%, profit +89.7% beat. Our estimate for Sep 2026: sales Rs 19 Cr, profit Rs 4 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-11Interim Dividend - Re 1 Per Share
2026-06-16Dividend - Re 1 Per Share
2026-03-06Interim Dividend - Re 1 Per Share
2025-12-11Interim Dividend - Re 1 Per Share
2025-09-04Interim Dividend - Re 1 Per Share
2025-06-13Dividend - Re 1 Per Share
2025-02-27Interim Dividend - Re 1 Per Share
2024-12-20Interim Dividend - Re 1 Per Share
2024-09-20Annual General Meeting/Dividend - Re 1 Per Share
2024-07-23Interim Dividend - Re 1 Per Share
2024-02-16Interim Dividend - Re 1 Per Share
2023-09-20Annual General Meeting/Dividend - Re 1 Per Share
2023-07-19Interim Dividend - Re 1 Per Share
2023-02-20Interim Dividend - Re 1 Per Share
2022-10-27Interim Dividend - Re 1 Per Share
2022-07-21Annual General Meeting/Dividend - Re 1 Per Share
2022-02-24Interest Dividend - Re 1 Per Share
2021-11-17 Interim Dividend - Re 1 Per Share
2021-09-08 Dividend - Re 1 Per Share
2021-03-08 Interim Dividend - Re 1 Per Share
2020-11-25 Interim Dividend - Re 1 Per Share
2020-03-12 Interim Dividend - Rs 0.50 Per Share
2019-10-17 Interim Dividend - Re 1 Per Share
2019-09-04 Dividend - Rs 0.50 Per Share
DateTypeWhat it says
2026-09-21Board meeting outcomeOutcome of Board Meeting held on September 21, 2026.
2026-09-18Director changeChange in Director(s) of the company.
2026-09-15Regulatory actionAction(s) initiated or orders passed
2026-08-29Record DateRecord date for the purpose of Dividend is 11-Sep-2026.
2026-08-29DividendBoard of Directors at its meeting held on August 29, 2026, declared Interim Dividend of Re. 1 per equity share.
2026-08-04General UpdatesGeneral Updates
2026-08-03Board meeting outcomeSteel City Securities Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-30Board meeting outcomeOutcome of Board Meeting held on July 30, 2026.
2026-07-29Director changeChange in Director(s) of the company.
2026-07-02Regulatory actionAction(s) taken or orders passed
2026-06-26Shareholder meetingVoting results.
2026-06-24Shareholder meetingProceedings of Annual General Meeting held on Jun 24, 2026
2026-06-15Record DateRecord date for the purpose of Dividend is 16-Jun-2026.
2026-06-05Disclosure under SEBI TakeovSteel City Securities Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India ...
2026-06-02Regulatory actionAction(s) taken or orders passed
2026-05-25Record DateRecord date for the purpose of Dividend is 17-Jun-2026.
2026-05-25DividendBoard of Directors at its meeting held on May 25, 2026, recommended Final Dividend of Re. 1 per equity share.
2026-05-02Board meeting outcomeSteel City Securities Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-04-29Regulatory actionAction(s) taken or orders passed
2026-04-02Regulatory actionAction(s) taken or orders passed
2026-03-30Regulatory actionAction(s) taken or orders passed
2026-03-30Board meeting outcomeOutcome of Board Meeting held on March 30, 2026.
2026-03-13Regulatory actionAction(s) taken or orders passed
2026-03-12UpdatesInauguration of 2nd New owned building.
2026-02-23Record DateRecord date for the purpose of Dividend is 06-Mar-2026.
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 City Securities Ltd?

Steel City Securities Ltd (STEELCITY) has a market capitalisation of Rs 124 Cr. at the 2026-10-01 close.

What is the P/E ratio of Steel City Securities Ltd?

Steel City Securities Ltd trades at a P/E of 7.30 on trailing twelve-month profit, at the 2026-10-01 close.

What were Steel City Securities Ltd's latest quarterly results?

In the Jun 2026 quarter, Steel City Securities Ltd sales was Rs 19 Cr (+28.6% vs Jun 2025) and net profit was Rs 7 Cr.

What is the 52-week high and low of Steel City Securities Ltd?

The 52-week high is Rs 103.79 and the 52-week low is Rs 71.26.

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