STEELCOGUJ Share Price | Steelco Gujarat Ltd Stock Analysis & Recommendation

Q: How has been the historical performance of Steelco Gujarat?

Answer:The historical performance of Steelco Gujarat shows a mixed trend over the years, with notable changes in revenue, profit margins, and overall financial health.Breakdown:In the fiscal year ending March 2015, Steelco Gujarat reported net sales of 550.46 crore, an increase from 510.63 crore in March 2014. Total operating income also rose to 570.92 crore from 532.14 crore in the previous year. However, the company faced rising raw material costs, which increased to 443.79 crore from 417.62 crore. The total expenditure, excluding depreciation, grew to 563.65 crore from 515.46 crore, leading to a decline in operating profit (PBDIT) to 10.56 crore from 20.37 crore. The interest expense increased to 21.40 crore from 19.64 crore, contributing to a gross profit before tax of -0.15 crore, compared to 0.73 crore in the prior year. Consequently, the profit before tax improved slightly to -3.14 crore from -3.72 crore, with the profit after tax also reflecting a similar trend at -3.14 crore compared to -3.72 crore. The earnings per share showed an improvement to -0.74 from -0.87. On the balance sheet, total liabilities decreased significantly to 237.91 crore from 347.19 crore, while total assets also fell to 237.91 crore from 347.19 crore. The cash flow from operating activities increased to 43.00 crore from 4.00 crore, indicating improved cash generation despite the challenges faced. Overall, while Steelco Gujarat experienced growth in sales and operating income, it struggled with profitability and asset management during this period.

Q: Is Steelco Gujarat overvalued or undervalued?

As of 13 October 2025, Steelco Gujarat's valuation grade has moved from does not qualify to risky, indicating a significant deterioration in its financial standing. The company appears to be overvalued given its negative ratios, including a PE ratio of -0.94, an EV to EBITDA of -4.23, and an EV to Sales ratio of 5.62. These figures suggest that the company is struggling financially, particularly with negative capital employed and book value.In comparison to its peers, Steelco Gujarat's valuation metrics are starkly unfavorable. For instance, JSW Steel and Tata Steel, both rated as fair, have PE ratios of 55.51 and 44.49 respectively, highlighting a stark contrast in financial health. The company’s performance is further underscored by its remarkable stock return of 839.20% over the past week, significantly outpacing the Sensex's 0.66% return, which may mislead investors regarding its underlying value. Overall, Steelco Gujarat is overvalued in the current market context.

Q: Should I buy, sell or hold Steelco Gujarat Ltd?

Based on the current situation of Steelco Gujarat Ltd, it would be advisable to sell your shares. The company is facing significant challenges, including weak long-term fundamentals, with net sales declining at an annual rate of -32.90% and operating profit dropping by -238.25% over the past five years. Additionally, the high debt-to-equity ratio of 64.57 indicates a precarious financial position.The company has reported negative results for the last five consecutive quarters, with a substantial loss in profit after tax and the lowest quarterly net sales at Rs 5.64 crore. The lack of trading activity in the last nine days further adds to the risk, as does the fact that the stock has generated no returns over the past year while profits have fallen by -60%.Given these factors, holding or buying more shares would likely increase your exposure to risk without a clear path to recovery. Selling would be a more prudent decision under the current circumstances.

Q: Why is Steelco Gujarat Ltd falling/rising?

As of 04-Mar, Steelco Gujarat Ltd's stock price is currently stable at Rs. 82.32, with no change recorded for the day. However, the stock has shown significant upward movement in recent periods. Over the past week, the stock has risen by 5.00%, while in the last month, it has increased by 27.59%. Year-to-date, the stock has surged by 79.39%, contrasting sharply with the Sensex, which has declined by 7.16% during the same timeframe.Today, the stock reached a new 52-week high of Rs. 82.32, reflecting strong performance as it outperformed its sector by 5.62%. The stock opened with a gain of 5% and has maintained this price throughout the trading session, indicating strong demand. Additionally, Steelco Gujarat is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive technical indicator.Investor participation has also increased, with delivery volume rising by 184.95% compared to the 5-day average, suggesting heightened interest among investors. The liquidity of the stock is adequate, allowing for trades without significant issues.Overall, the combination of strong recent performance, technical indicators, and increased investor participation contributes to the stock's rising trend, despite the current price stability.

Technical Trend Update: Steelco Gujarat witnessed a change in Technical Grade on 04 Mar 2026. Click here to discover latest technical change!

52-Week High: Rs.82.32 hit today

Rights Issue: Steelco Gujarat Ltd has announced 3:1 rights issue, ex-date: 24 Feb 26

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

395 (400.00%) Volume

Shareholding (Dec 2025)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 1 DIIs

Promoter

94.64%

How has been the historical performance of Steelco Gujarat?

13-Oct-2025

Steelco Gujarat's historical performance shows mixed results, with increased sales and operating income but declining profitability due to rising costs and interest expenses. Despite challenges, cash flow from operations improved significantly.

View full answer

Is Steelco Gujarat overvalued or undervalued?

14-Oct-2025

As of October 13, 2025, Steelco Gujarat is considered overvalued and rated as risky due to negative financial ratios and poor performance compared to peers like JSW Steel and Tata Steel, despite a recent significant stock return.

View full answer

Should I buy, sell or hold Steelco Gujarat Ltd?

15-Feb-2026

Why is Steelco Gujarat Ltd falling/rising?

04-Mar-2026

As of 04-Mar, Steelco Gujarat Ltd's stock price is stable at Rs. 82.32, having risen significantly in recent periods, with a year-to-date increase of 79.39%. The stock's strong performance is supported by positive technical indicators and heightened investor interest.

View full answer

Which are the latest news on Steelco Gujarat?

05-Mar-2026

Steelco Gujarat Ltd is Rated Sell by MarketsMOJO
Steelco Gujarat Ltd Hits New 52-Week High at Rs.82.32

Compare Steelco Gujarat with Similar Stocks

Jindal Stain.Mahalaxmi Seam.Lloyds Metals

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

With a Operating Losses, the company has a Weak Long Term Fundamental Strength

Poor long term growth as Net Sales has grown by an annual rate of -61.70% and Operating profit at -223.63% over the last 5 years
Low ability to service debt as the company has a high Debt to EBITDA ratio of -1.00 times

The company has declared Negative results for the last 5 consecutive quarters

Risky - Negative EBITDA

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Steel/Sponge Iron/Pig Iron

Market cap

INR 41 Cr (Micro Cap)

P/E

NA (Loss Making)

Industry P/E

Dividend Yield

0.00%

Debt Equity

2.22

Return on Equity

-51.30%

Price to Book

0.97

Revenue and Profits:

Net Sales:

6 Cr

(Quarterly Results - Dec 2025)

Net Profit:

-9 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

117.95%

6 Months

0.0%

1 Year

0.0%

2 Years

0.0%

3 Years

0.0%

4 Years

0.0%

5 Years

4349.73%

Steelco Gujarat for the last several years.

Risk Adjusted Returns v/s

Returns Beta

Beta has not been calculated since enough price history is not available

News & Corporate Actions

News

Steelco Gujarat Ltd is Rated Sell by MarketsMOJO

Steelco Gujarat Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 13 Oct 2025. However, the analysis and financial metrics discussed here reflect the stock's current position as of 05 March 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trend, and technical outlook.

Read full news article

Steelco Gujarat Ltd Hits New 52-Week High at Rs.82.32

Steelco Gujarat Ltd reached a significant milestone today by hitting a new 52-week high of Rs.82.32, marking a notable surge in its stock price and reflecting strong momentum in the market.

Read full news article

Steelco Gujarat Ltd Hits New 52-Week High at Rs.78.4

Steelco Gujarat Ltd has surged to a fresh 52-week high of Rs.78.4, marking a significant milestone in its stock performance. This new peak reflects robust momentum, with the stock outperforming its sector and demonstrating strong upward trends across multiple technical indicators.

Read full news article

Announcements

Cancellation In Record Date Of Right Issue

19-Feb-2026 | Source : BSE

This is in regard to our earlier intimation dated February 18 2026 vide which we have informed that the Record Date for the Rights Issue would be February 24 2026 along with other timeline for the Rights Issue. Due to some fundamental changes which is important in this regard it has been decided to cancel the Record Date and hereby in timeline. New Record Date will be announced in due course along with other details in respect to timeline of the issue.

Intimation Of Record Date For The Rights Issue Pursuant To Regulations 30 And 42 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015

18-Feb-2026 | Source : BSE

Intimation of Record Date for the Rights issue pursuant to Regulations 30 and 42 of the SEBI LODR is enclosed.

Board Meeting Outcome for Outcome Of The Meeting Of The Rights Issue Committee Of Steelco Gujarat Limited Held On 18Th February 2026

18-Feb-2026 | Source : BSE

Outcome of the Meeting of the Rights Issue Committee of Steelco Gujarat Limited held on 18th February 2026 is enclosed.

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

No Dividend history available

SPLITS

No Splits history available

BONUS

No Bonus history available

RIGHTS

Steelco Gujarat Ltd has announced 3:1 rights issue, ex-date: 24 Feb 26

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

-61.70%

EBIT Growth (5y)

-223.63%

EBIT to Interest (avg)

-1.57

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

2.22

Sales to Capital Employed (avg)

4.71

Tax Ratio

Dividend Payout Ratio

Pledged Shares

Institutional Holding

0.01%

ROCE (avg)

3.40%

ROE (avg)

Valuation key factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

1.02

EV to EBIT

-9.33

EV to EBITDA

-13.15

EV to Capital Employed

1.01

EV to Sales

31.09

PEG Ratio

Dividend Yield

ROCE (Latest)

-10.79%

ROE (Latest)

-51.30%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

Bearish

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Dow Theory

Mildly Bullish

OBV

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Dec 2025

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 3 Schemes (0.0%)

FIIs

Held by 0 FIIs

Promoter with highest holding

Ultimate Investofin Limited (43.29%)

Highest Public shareholder

None

Individual Investors Holdings

4.68%

Financial

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Quarterly Results Snapshot (Standalone) - Dec'25 - QoQ

Dec'25

Sep'25

Change(%)

Net Sales

5.53

19.02

-70.93%

Operating Profit (PBDIT) excl Other Income

-4.14

-4.85

14.64%

Interest

3.55

2.03

74.88%

Exceptional Items

0.00

Standalone Net Profit

-8.70

-7.87

-10.55%

Operating Profit Margin (Excl OI)

-74.86%

-25.50%

-49.36%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Dec 2025 is -70.93% vs 1,052.73% in Sep 2025

Standalone Net Profit

QoQ Growth in quarter ended Dec 2025 is -10.55% vs -23.35% in Sep 2025

All Quarterly Results

Half Yearly Results Snapshot (Standalone) - Sep'25

Sep'25

Sep'24

Change(%)

Net Sales

19.36

0.50

3,772.00%

Operating Profit (PBDIT) excl Other Income

-6.67

-5.14

-29.77%

Interest

3.96

0.00

Exceptional Items

0.00

Standalone Net Profit

-12.52

-6.45

-94.11%

Operating Profit Margin (Excl OI)

-34.45%

-1,028.00%

993.55%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Half Yearly Results

Nine Monthly Results Snapshot (Standalone) - Dec'25

Dec'25

Dec'24

Change(%)

Net Sales

24.89

2.15

1,057.67%

Operating Profit (PBDIT) excl Other Income

-10.81

-6.43

-68.12%

Interest

7.51

4.16

80.53%

Exceptional Items

0.00

Standalone Net Profit

-21.22

-12.83

-65.39%

Operating Profit Margin (Excl OI)

-43.43%

-299.07%

255.64%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Nine Monthly Results

Annual Results Snapshot (Standalone) - Mar'25

Mar'25

Mar'24

Change(%)

Net Sales

4.18

0.31

1,248.39%

Operating Profit (PBDIT) excl Other Income

-9.88

-1.34

-637.31%

Interest

7.37

3.13

135.46%

Exceptional Items

0.00

169.87

-100.00%

Standalone Net Profit

-20.54

165.41

-112.42%

Operating Profit Margin (Excl OI)

-236.36%

-432.26%

195.90%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Annual Results

Company CV

About Steelco Gujarat Ltd

Steelco Gujarat Ltd

Micro Cap

Steel/Sponge Iron/Pig Iron

Incorporated in January, 1989, Steelco Gujarat Limited is promoted by SPICA Investments, Mauritius, belonging to Chanderias (the NRI group), and Essar Gujarat (11% stake). The company has a technical collaboration with Hitachi, Japan, for setting up a cold-rolling mill with performance guarantee and for training all the employees of the company. Steelco has a technical support agreement for an electrolytic cleaning line with Nippon Denro, Japan.

Company Coordinates

Company Details

Plot No 2 G I D C Indl Estate, National Highway No 8 Palej Bharuch Gujarat : 392220

Tel: 91-2642-2642-277479/481/277326

http://www.steelcogujarat.com

sgl@steelcogujarat.com

Registrar Details

Link Intime India Pvt Ltd., B-102 & B103, Shangrila Complex, First Floor, Opp: HDFC Bank, Near Radhakrishna Char Rasta, Akota, Vadodara