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

₹ 87.9 1.59%
22 Jul 3:52 p.m.
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 ₹ 133 Cr.
  • Current Price ₹ 87.9
  • High / Low ₹ 110 / 60.6
  • Stock P/E 11.6
  • Book Value ₹ 67.7
  • Dividend Yield 2.27 %
  • ROCE 16.0 %
  • ROE 11.6 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.

Cons

  • The company has delivered a poor sales growth of -0.80% over past five years.
  • Company has a low return on equity of 12.5% over last 3 years.
  • Contingent liabilities of Rs.59.7 Cr.
  • Company has high debtors of 335 days.
  • Working capital days have increased from 93.0 days to 452 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
14.90 13.54 16.53 17.11 16.36 13.09 14.31 13.28 13.83 12.98 15.20 13.57 17.30
11.57 10.61 11.90 12.46 12.38 10.49 11.36 9.20 11.39 10.59 12.07 10.31 12.39
Operating Profit 3.33 2.93 4.63 4.65 3.98 2.60 2.95 4.08 2.44 2.39 3.13 3.26 4.91
OPM % 22.35% 21.64% 28.01% 27.18% 24.33% 19.86% 20.61% 30.72% 17.64% 18.41% 20.59% 24.02% 28.38%
0.97 0.55 0.58 0.59 0.98 0.64 0.71 0.86 0.88 0.84 0.71 0.79 1.15
Interest 0.12 0.13 0.11 0.12 0.13 0.11 0.11 0.16 0.21 0.11 0.12 0.13 0.24
Depreciation 0.16 0.16 0.17 0.16 0.15 0.16 0.16 0.18 0.22 0.28 0.28 0.28 0.18
Profit before tax 4.02 3.19 4.93 4.96 4.68 2.97 3.39 4.60 2.89 2.84 3.44 3.64 5.64
Tax % 27.36% 26.96% 28.40% 25.20% 27.78% 25.25% 29.20% 23.70% 29.07% 25.35% 28.78% 28.30% 23.76%
2.92 2.32 3.53 3.70 3.37 2.22 2.41 3.52 2.06 2.13 2.44 2.61 4.30
EPS in Rs 1.93 1.54 2.34 2.45 2.23 1.47 1.60 2.33 1.36 1.41 1.62 1.73 2.85
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
23 22 32 27 35 64 61 47 55 66 58 59
17 15 19 19 27 45 46 38 41 47 42 45
Operating Profit 6 6 12 8 8 19 16 9 14 19 15 14
OPM % 28% 29% 39% 28% 24% 29% 25% 19% 26% 29% 27% 23%
0 0 0 0 0 0 0 3 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 5 5 10 6 7 16 13 10 13 18 14 16
Tax % 33% 30% 35% 31% 33% 30% 33% 26% 26% 27% 26% 26%
3 3 7 4 5 11 9 8 9 13 10 11
EPS in Rs 2.53 2.65 5.30 3.17 3.08 7.33 5.91 5.02 6.17 8.56 6.76 7.61
Dividend Payout % 0% 0% 0% 38% 65% 34% 42% 30% 49% 35% 44% 0%
Compounded Sales Growth
10 Years: 11%
5 Years: -1%
3 Years: 2%
TTM: 3%
Compounded Profit Growth
10 Years: 13%
5 Years: 5%
3 Years: 7%
TTM: 13%
Stock Price CAGR
10 Years: %
5 Years: 22%
3 Years: 5%
1 Year: 43%
Return on Equity
10 Years: 12%
5 Years: 12%
3 Years: 13%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 31 33 34 36 47 53 56 60 66 75 80 87
13 3 18 5 0 0 0 0 1 0 0 4
20 24 22 22 38 56 54 58 68 76 71 86
Total Liabilities 77 72 86 76 100 124 125 133 150 166 166 192
5 5 3 3 4 4 4 5 4 4 13 12
CWIP 0 0 0 0 0 0 0 0 2 3 0 0
Investments 1 1 2 3 5 5 7 7 7 7 7 9
70 66 80 70 92 115 114 121 137 152 146 171
Total Assets 77 72 86 76 100 124 125 133 150 166 166 192

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-9 8 -9 8 9 20 14 7 2 24 16 -19
1 2 0 1 10 0 -1 1 1 1 -3 1
6 -12 9 -16 -9 -5 -5 -4 -3 -6 -5 -1
Net Cash Flow -1 -2 0 -7 10 16 8 4 -0 18 8 -18

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 608 625 545 607 542 298 260 321 425 316 276 335
Inventory Days
Days Payable
Cash Conversion Cycle 608 625 545 607 542 298 260 321 425 316 276 335
Working Capital Days 302 234 300 311 164 -6 4 -70 28 -52 -122 452
ROCE % 11% 11% 20% 12% 14% 27% 21% 15% 17% 21% 16% 16%

Shareholding Pattern

Numbers in percentages

1 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
62.64% 62.66% 62.87% 63.52% 64.54% 65.68% 67.38% 68.81% 69.27% 69.93% 70.19% 70.69%
0.00% 0.00% 0.00% 0.00% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.47%
0.32% 0.32% 0.17% 0.17% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
37.04% 37.02% 36.98% 36.31% 35.29% 34.14% 32.45% 31.02% 30.56% 29.90% 29.64% 28.84%
No. of Shareholders 9,6669,7709,91210,11810,1199,9199,6819,7339,78410,76212,18211,841

* 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