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

₹ 99.5 1.17%
18 May - close price
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 ₹ 150 Cr.
  • Current Price ₹ 99.5
  • High / Low ₹ 110 / 59.8
  • Stock P/E 12.7
  • Book Value ₹ 78.4
  • Dividend Yield 3.02 %
  • ROCE 13.7 %
  • ROE 10.3 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company is almost debt free.

Cons

  • The company has delivered a poor sales growth of -1.52% over past five years.
  • Company has a low return on equity of 11.4% over last 3 years.
  • Contingent liabilities of Rs.59.7 Cr.
  • Company has high debtors of 335 days.
  • Working capital days have increased from -16.9 days to 114 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

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
14.89 13.54 16.57 17.14 16.38 13.12 14.33 13.30 13.86 12.99 15.26 13.59 17.34
11.19 10.70 11.91 12.48 12.44 10.60 11.35 9.22 11.51 10.69 12.08 10.26 12.40
Operating Profit 3.70 2.84 4.66 4.66 3.94 2.52 2.98 4.08 2.35 2.30 3.18 3.33 4.94
OPM % 24.85% 20.97% 28.12% 27.19% 24.05% 19.21% 20.80% 30.68% 16.96% 17.71% 20.84% 24.50% 28.49%
0.82 0.65 0.65 0.66 1.08 0.71 1.66 0.95 0.89 0.85 0.68 0.77 1.11
Interest 0.12 0.13 0.11 0.12 0.13 0.11 0.11 0.16 0.24 0.13 0.14 0.10 0.24
Depreciation 0.16 0.17 0.17 0.17 0.16 0.16 0.17 0.18 0.22 0.28 0.28 0.29 0.18
Profit before tax 4.24 3.19 5.03 5.03 4.73 2.96 4.36 4.69 2.78 2.74 3.44 3.71 5.63
Tax % 27.59% 26.96% 28.43% 25.25% 27.91% 25.34% 28.44% 23.88% 28.78% 25.55% 29.07% 29.92% 24.33%
3.18 2.72 3.78 3.89 3.44 2.24 3.23 3.75 1.99 2.15 2.46 2.85 4.40
EPS in Rs 2.10 1.80 2.50 2.57 2.28 1.48 2.14 2.48 1.32 1.42 1.63 1.89 2.91
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
31 27 35 30 38 66 64 51 55 67 59 59
22 19 22 22 29 47 49 40 40 47 43 45
Operating Profit 10 8 13 8 9 19 15 12 15 19 16 14
OPM % 31% 28% 38% 28% 24% 29% 24% 22% 27% 29% 28% 23%
0 0 0 0 0 0 0 0 0 0 0 3
Interest 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
Profit before tax 8 6 11 6 8 16 13 10 14 18 15 16
Tax % 33% 33% 35% 34% 33% 30% 34% 26% 26% 27% 26% 27%
5 4 7 4 5 11 9 7 11 14 11 12
EPS in Rs 3.67 2.87 5.52 3.37 3.32 7.53 5.96 4.71 7.00 9.15 7.42 7.85
Dividend Payout % 0% 0% 0% 36% 60% 33% 42% 32% 43% 33% 40% 0%
Compounded Sales Growth
10 Years: 8%
5 Years: -2%
3 Years: 2%
TTM: 1%
Compounded Profit Growth
10 Years: 13%
5 Years: 6%
3 Years: 4%
TTM: 6%
Stock Price CAGR
10 Years: %
5 Years: 11%
3 Years: 37%
1 Year: 51%
Return on Equity
10 Years: 11%
5 Years: 11%
3 Years: 11%
Last Year: 10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 12 12 12 12 15 15 15 15 15 15 15 15
Reserves 39 41 43 45 57 64 71 73 80 90 96 103
13 3 18 5 0 0 0 0 1 0 1 5
35 32 29 31 44 62 59 59 68 77 71 86
Total Liabilities 99 89 102 94 117 141 145 147 165 182 183 209
6 6 4 4 7 7 9 9 9 9 26 25
CWIP 0 0 0 0 0 0 0 0 2 7 4 4
Investments 1 1 2 3 4 5 7 6 5 6 6 7
93 83 96 86 106 129 130 132 148 159 147 174
Total Assets 99 89 102 94 117 141 145 147 165 182 183 209

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-12 5 -8 9 7 16 13 4 2 28 16 -19
2 2 1 0 10 0 -1 1 3 -3 -11 3
6 -12 9 -16 -9 -5 -5 -4 -3 -6 -3 -1
Net Cash Flow -4 -6 1 -7 8 12 7 1 1 19 3 -16

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 498 533 510 550 512 293 275 300 424 316 271 335
Inventory Days
Days Payable
Cash Conversion Cycle 498 533 510 550 512 293 275 300 424 316 271 335
Working Capital Days 146 161 243 223 129 -1 4 -39 55 -50 -115 114
ROCE % 14% 10% 18% 11% 12% 23% 17% 12% 15% 19% 14%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
62.57% 62.64% 62.66% 62.87% 63.52% 64.54% 65.68% 67.38% 68.81% 69.27% 69.93% 70.19%
0.00% 0.00% 0.00% 0.00% 0.00% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17%
0.15% 0.32% 0.32% 0.17% 0.17% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
37.29% 37.04% 37.02% 36.98% 36.31% 35.29% 34.14% 32.45% 31.02% 30.56% 29.90% 29.64%
No. of Shareholders 4,7649,6669,7709,91210,11810,1199,9199,6819,7339,78410,76212,182

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP

Concalls

  • May 2024
    Transcript
    Notes
    PPT
  • Nov 2021
    Transcript
    Notes
    PPT
  • Jul 2021
    Transcript
    Notes
    PPT
  • Nov 2020
    Transcript
    Notes
    PPT
  • Sep 2020
    Transcript
    Notes
    PPT