Meenakshi Steel Industries Ltd

Meenakshi Steel Industries Ltd

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  • Market Cap Cr.
  • Current Price
  • High / Low /
  • Stock P/E
  • Book Value
  • Dividend Yield %
  • ROCE 7.04 %
  • ROE -0.41 %
  • Face Value 10.0

Pros

  • Company's working capital requirements have reduced from 144 days to 17.9 days

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 0.08% over last 3 years.

* 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: Finance Industry: Finance & Investments

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
6.20 5.42 5.32 6.00 8.36 4.59 6.12 4.96 5.31 5.43 5.45 4.74 4.93
0.11 0.01 0.05 0.05 1.78 1.82 0.12 0.63 0.65 1.93 0.04 2.04 0.08
Operating Profit 6.09 5.41 5.27 5.95 6.58 2.77 6.00 4.33 4.66 3.50 5.41 2.70 4.85
OPM % 98.23% 99.82% 99.06% 99.17% 78.71% 60.35% 98.04% 87.30% 87.76% 64.46% 99.27% 56.96% 98.38%
-0.09 0.00 0.04 0.52 0.02 0.06 0.00 0.50 0.10 0.01 0.08 0.09 0.11
Interest 3.52 4.37 4.82 4.93 5.26 4.59 5.06 5.09 4.34 4.96 4.86 4.28 3.73
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 2.48 1.04 0.49 1.54 1.34 -1.76 0.94 -0.26 0.42 -1.45 0.63 -1.49 1.23
Tax % 27.02% 24.04% 24.49% 25.97% 25.37% 237.50% 26.60% 0.00% 33.33% -26.21% 22.22% -9.40% 3.25%
1.78 0.77 0.36 1.13 0.98 -5.96 0.68 -0.27 0.27 -1.08 0.48 -1.36 1.18
EPS in Rs
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0.07 0.03 0.04 0.57 14.08 20.17 24.85 22.44 20.55
0.04 0.07 0.08 45.17 0.63 0.28 3.75 3.39 4.09
Operating Profit 0.03 -0.04 -0.04 -44.60 13.45 19.89 21.10 19.05 16.46
OPM % 42.86% -133.33% -100.00% -7,824.56% 95.53% 98.61% 84.91% 84.89% 80.10%
0.01 0.00 0.00 0.00 0.00 0.00 0.06 0.00 0.29
Interest 0.00 0.00 0.00 0.00 7.41 14.26 19.61 19.45 17.83
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.04 -0.04 -0.04 -44.60 6.04 5.63 1.55 -0.40 -1.08
Tax % 50.00% 0.00% 25.00% 37.44% 28.15% 25.75% 325.16% 2.50%
0.07 -0.41 12.29 -61.30 4.34 4.18 -3.49 -0.41 -0.78
EPS in Rs
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 255%
3 Years: 17%
TTM: -2%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 85%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: -9%
3 Years: 0%
Last Year: 0%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 1.99 1.99 1.99 1.99 1.99 1.99 1.99 1.99 1.99
Reserves 9.03 8.62 290.30 105.93 126.51 119.32 117.61 78.80 78.14
0.00 0.00 0.00 0.00 123.00 170.00 155.00 186.00 132.00
0.01 0.02 0.01 16.81 21.44 0.99 0.94 1.07 0.88
Total Liabilities 11.03 10.63 292.30 124.73 272.94 292.30 275.54 267.86 213.01
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 9.79 10.10 291.82 52.89 83.37 71.93 73.63 30.19 31.06
1.24 0.53 0.48 71.84 189.57 220.37 201.91 237.67 181.95
Total Assets 11.03 10.63 292.30 124.73 272.94 292.30 275.54 267.86 213.01

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.00 58.38 -240.89 -110.06 -26.61 -4.68 -0.40
0.00 -58.39 243.35 -13.98 -21.28 27.48 -38.79
0.00 0.00 0.00 123.00 47.00 -15.00 31.00
Net Cash Flow 0.00 -0.01 2.46 -1.04 -0.89 7.79 -8.19

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Days
Days Payable
Cash Conversion Cycle 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Working Capital Days 0.00 6,083.33 365.00 33,701.67 -231.50 396.67 16.01 17.89
ROCE % -0.37% -22.29% 7.48% 7.33% 7.48% 7.04%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
62.47% 62.47% 62.47% 62.47% 62.47% 62.47% 62.47% 62.47% 62.47% 62.47% 62.47% 62.47%
37.53% 37.53% 37.53% 37.53% 37.53% 37.53% 37.53% 37.53% 37.53% 37.53% 37.53% 37.53%
No. of Shareholders 1151151151151031031039999999999

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