Beekay Steel Industries Ltd
Beekay Steel was incorporated in India on 28th March 1981, is engaged in the manufacturing of thermomechanical treatment (TMT) bars, hot rolled sections, bright bars, structurals, and machined bars. It offers both standard and customized sections, such as including round bars, square bars, etc. [1]
- Market Cap ₹ 1,495 Cr.
- Current Price ₹ 784
- High / Low ₹ 845 / 416
- Stock P/E 11.5
- Book Value ₹ 502
- Dividend Yield 0.13 %
- ROCE 14.1 %
- ROE 14.8 %
- Face Value ₹ 10.0
Pros
Cons
- The company has delivered a poor sales growth of 0.73% over past five years.
- Tax rate seems low
- Earnings include an other income of Rs.48.6 Cr.
* 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: Steel Industry: Steel - Medium / Small
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
519 | 519 | 721 | 978 | 965 | 812 | 874 | 1,296 | 1,128 | 1,000 | |
459 | 454 | 637 | 845 | 785 | 688 | 739 | 1,073 | 961 | 864 | |
Operating Profit | 60 | 65 | 84 | 134 | 180 | 124 | 134 | 223 | 167 | 137 |
OPM % | 12% | 13% | 12% | 14% | 19% | 15% | 15% | 17% | 15% | 14% |
2 | 2 | 3 | 10 | 2 | 2 | 5 | 17 | 13 | 49 | |
Interest | 21 | 21 | 19 | 18 | 16 | 10 | 10 | 12 | 10 | 12 |
Depreciation | 16 | 16 | 15 | 15 | 16 | 23 | 22 | 22 | 27 | 27 |
Profit before tax | 24 | 30 | 53 | 110 | 150 | 93 | 107 | 207 | 143 | 147 |
Tax % | 36% | 35% | 35% | 36% | 35% | 16% | 25% | 24% | 27% | 12% |
16 | 19 | 34 | 71 | 99 | 79 | 81 | 158 | 105 | 130 | |
EPS in Rs | 8.18 | 10.11 | 18.03 | 37.03 | 51.96 | 41.17 | 42.64 | 82.70 | 55.04 | 68.36 |
Dividend Payout % | 12% | 10% | 6% | 3% | 4% | 2% | 2% | 1% | 2% | 1% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 1% |
3 Years: | 5% |
TTM: | -11% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 18% |
TTM: | 33% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 23% |
3 Years: | 26% |
1 Year: | 79% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 17% |
Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
Reserves | 161 | 178 | 213 | 282 | 379 | 452 | 532 | 688 | 791 | 938 |
174 | 164 | 186 | 182 | 121 | 89 | 155 | 276 | 246 | 227 | |
174 | 148 | 104 | 112 | 95 | 82 | 74 | 71 | 69 | 95 | |
Total Liabilities | 528 | 510 | 522 | 595 | 614 | 642 | 780 | 1,053 | 1,125 | 1,279 |
198 | 192 | 189 | 187 | 208 | 213 | 207 | 197 | 265 | 334 | |
CWIP | 21 | 24 | 23 | 25 | 23 | 21 | 22 | 23 | 214 | 273 |
Investments | 0 | 0 | 1 | 1 | 2 | 37 | 79 | 109 | 199 | 192 |
309 | 294 | 309 | 382 | 381 | 372 | 473 | 724 | 448 | 480 | |
Total Assets | 528 | 510 | 522 | 595 | 614 | 642 | 780 | 1,053 | 1,125 | 1,279 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
0 | 45 | 37 | 48 | 56 | 81 | 96 | -104 | 408 | 129 | |
0 | -12 | -10 | -15 | -36 | -61 | -58 | -31 | -373 | -90 | |
0 | -34 | -21 | -39 | -19 | -18 | -13 | 110 | -37 | -38 | |
Net Cash Flow | 0 | -1 | 5 | -6 | 1 | 2 | 24 | -25 | -3 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 45 | 56 | 43 | 49 | 45 | 43 | 66 | 45 | 57 | 56 |
Inventory Days | 139 | 136 | 117 | 96 | 133 | 167 | 164 | 126 | 121 | 137 |
Days Payable | 86 | 56 | 25 | 20 | 22 | 20 | 23 | 16 | 18 | 32 |
Cash Conversion Cycle | 98 | 135 | 135 | 125 | 155 | 191 | 207 | 156 | 159 | 161 |
Working Capital Days | 110 | 117 | 113 | 109 | 118 | 136 | 156 | 120 | 117 | 166 |
ROCE % | 14% | 19% | 29% | 33% | 19% | 18% | 24% | 14% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 28 Jun
- Reply -Clarification Of Price Movement 27 Jun
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Clarification sought from Beekay Steel Industries Ltd
26 Jun - Exchange has sought clarification from Beekay Steel Industries Ltd on June 25, 2024 with reference to significant movement in price, in order to ensure that …
- Closure of Trading Window 24 Jun
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 17 Jun
Annual reports
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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 2006
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Financial Year 2005
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Financial Year 2004
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Business Segment
Proprietary business (88%): Includes retail sales of TMT bars and automotive/ engineering steel
Non-proprietary business (12%): This segment comprises a conversion arrangement for a large steel sector principal. [1]