Steel Strips Infrastructures Ltd
Incorporated in 1973, Steel Strips Infrastructures Limited deals in real estate business.
- Market Cap ₹ 28.1 Cr.
- Current Price ₹ 32.5
- High / Low ₹ 42.9 / 26.1
- Stock P/E
- Book Value ₹ 101
- Dividend Yield 0.00 %
- ROCE 32.7 %
- ROE 33.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.32 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.6%
- Debtor days have improved from 73.2 to 38.9 days.
Cons
- Company has low interest coverage ratio.
- Company's cost of borrowing seems high
* 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: Realty Industry: Construction
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|
2 | 1 | 1 | 1 | 1 | 1 | |
21 | 2 | 2 | 2 | 2 | 24 | |
Operating Profit | -19 | -1 | -1 | -1 | -1 | -22 |
OPM % | -804% | -158% | -113% | -119% | -88% | -1,757% |
0 | 15 | 32 | 0 | 27 | 0 | |
Interest | 1 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | -19 | 13 | 31 | -2 | 26 | -23 |
Tax % | 0% | 0% | 0% | 0% | 0% | |
-19 | 13 | 31 | -2 | 26 | -23 | |
EPS in Rs | -22.53 | 15.38 | 35.49 | -1.96 | 29.54 | -26.04 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 11% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 24% |
TTM: | -150% |
Stock Price CAGR | |
---|---|
10 Years: | 25% |
5 Years: | 35% |
3 Years: | -3% |
1 Year: | 8% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 29% |
Last Year: | 33% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 |
Reserves | 12 | 26 | 57 | 54 | 81 | 79 |
5 | 5 | 4 | 3 | 2 | 1 | |
4 | 6 | 8 | 10 | 13 | 15 | |
Total Liabilities | 30 | 46 | 78 | 77 | 105 | 103 |
0 | 0 | 0 | 0 | 0 | 0 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 28 | 34 | 67 | 65 | 94 | 92 |
2 | 11 | 11 | 11 | 11 | 11 | |
Total Assets | 30 | 46 | 78 | 77 | 105 | 103 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
0 | -1 | 1 | 1 | 1 | |
0 | 0 | 0 | 0 | 0 | |
-1 | 1 | -1 | -1 | -1 | |
Net Cash Flow | -1 | 1 | -0 | -0 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 17 | 62 | 79 | 102 | 39 |
Inventory Days | |||||
Days Payable | |||||
Cash Conversion Cycle | 17 | 62 | 79 | 102 | 39 |
Working Capital Days | 842 | 2,051 | 914 | 263 | -533 |
ROCE % | 43% | 57% | -2% | 33% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
8 Nov - Newspaper cutting of extract of Unaudited Financial Results for the quarter and half year ended 30.09.2024.
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Unaudited Financial Results For The Quarter And Half Year Ended 30.09.2024
7 Nov - Board approved standalone and consolidated financial results for Q2 2024.
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Board Meeting Outcome for Outcome Of Board Meeting Held On 07/11/2024
7 Nov - Board approved standalone and consolidated financial results for Q2 2024.
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Board Meeting Intimation for Intimation Of Board Meeting (Scrip Code: 513173)
Regulation 29 Of SEBI (LODR) Regulations, 2015
28 Oct - Board meeting on November 7 to discuss Q2 results.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Oct - Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended 30.09.2024.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1]
Company does infrastructure real estate trading and commission agency business. It operates in Real Estate business, Infrastructure Project of commercial parking under Built Operate and Transfer scheme, Trading and Agency business and Services.