Steelco Gujarat

  • Market Cap: Micro Cap
  • Industry: Steel/Sponge Iron/Pig Iron
  • ISIN: INE629B01024
  • NSEID:
  • BSEID: 500399
INR
35.98
1.71 (4.99%)
BSENSE

Dec 04

BSE+NSE Vol: 91

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

91 (373.96%) Volume

Shareholding (Sep 2019)

FII

0.00%

Held by 0 FIIs

DII

0.02%

Held by 0 DIIs

Promoter

75.00%

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.

Answer:<BR>The historical performance of Steelco Gujarat shows a mixed trend over the years, with notable changes in revenue, profit margins, and overall financial health.<BR><BR>Breakdown:<BR>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.

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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.

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.<BR><BR>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.

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Should I buy, sell or hold Steelco Gujarat?

14-Oct-2025

Why is Steelco Gujarat falling/rising?

04-Dec-2025

As of 04-Dec, Steelco Gujarat Ltd's stock price is rising to Rs. 35.98, up 4.99% today and 54.95% over the past week, supported by strong momentum and a new 52-week high. Despite a significant drop in investor participation, the stock remains above key moving averages, indicating a bullish trend.

As of 04-Dec, Steelco Gujarat Ltd's stock price is rising, currently at Rs. 35.98, reflecting a change of 1.71 (4.99%) upward. This increase is supported by several factors. The stock has outperformed the sector by 5.06% today and has experienced a remarkable gain of 54.95% over the past week, indicating strong momentum. Additionally, it reached a new 52-week high today, which often attracts more investors. <BR><BR>The stock has been on a consecutive gain streak for the last two days, further contributing to its upward trajectory. It opened with a gap up of 4.99% today and has maintained this price without fluctuation. Furthermore, Steelco Gujarat is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong bullish trend.<BR><BR>However, it is worth noting that there has been a significant drop in investor participation, with delivery volume falling by 94.97% against the 5-day average. Despite this decline in participation, the overall performance metrics indicate that the stock is currently on an upward trend.

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iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

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Dashboard
1

Weak Long Term Fundamental Strength as the company has not declared results in the last 6 months

  • Poor long term growth as Net Sales has grown by an annual rate of -32.90% and Operating profit at 0% over the last 5 years
  • High Debt Company with a Debt to Equity ratio (avg) at 0 times
2

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

3

Risky - No result in last 6 months

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Steel/Sponge Iron/Pig Iron

stock-summary
Market cap

INR 17 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

2.22

stock-summary
Return on Equity

-216.79%

stock-summary
Price to Book

0.43

Revenue and Profits:
Net Sales:
0 Cr
(Quarterly Results - Sep 2024)
Net Profit:
-3 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
0%
0%
0.0%
6 Months
0%
0%
0.0%
1 Year
0%
0%
0.0%
2 Years
0%
0%
0.0%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
1558.06%
0%
1558.06%

Steelco Gujarat for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions
Announcements stock-summary

Update on board meeting

28-Oct-2025 | Source : BSE

Steelco Gujarat Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/10/2025 inter alia to consider and approve Update on board meeting relating to consideration and approval of issue of Non-convertible debentures on private placement basis.

Intimation Of Book Closure And Cut-Off Date For The 35Th Annual General Meeting Of The Company

22-Oct-2025 | Source : BSE

Intimation of Book Closure and Cut-off date for the 35th Annual General Meeting of the Company.

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018

13-Oct-2025 | Source : BSE

Certificate under Reg 74(5) of SEBI (DP) Regulations2018

Corporate Actions stock-summary
stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-32.90%
EBIT Growth (5y)
-238.25%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
2.22
Sales to Capital Employed (avg)
0
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
100.00%
Institutional Holding
0.06%
ROCE (avg)
3.40%
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
28
Price to Book Value
0.45
EV to EBIT
-1.73
EV to EBITDA
-1.92
EV to Capital Employed
0.83
EV to Sales
1.47
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-47.87%
ROE (Latest)
-216.79%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
Bearish
Bearish
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Bullish
Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Sep 2019stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

100

Mutual Funds

Held by 6 Schemes (0.05%)

FIIs

Held by 0 FIIs

Promoter with highest holding

Spica Investments Ltd. (75.0%)

Highest Public shareholder

None

Individual Investors Holdings

22.62%

stock-summaryFinancial
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Quarterly Results Snapshot (Standalone) - Sep'24 - QoQstock-summary
Sep'24
Change(%)
Net Sales
0.19
NA
NA
Operating Profit (PBDIT) excl Other Income
-2.70
NA
NA
Interest
0.00
NA
NA
Exceptional Items
0.00
NA
NA
Standalone Net Profit
-3.27
NA
NA
Operating Profit Margin (Excl OI)
-1,421.05%
NA%
NA
Values in Rs Cr.
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

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Change(%)
Net Sales
0.50
NA
NA
Operating Profit (PBDIT) excl Other Income
-5.14
NA
NA
Interest
0.00
NA
NA
Exceptional Items
0.00
NA
NA
Standalone Net Profit
-6.45
NA
NA
Operating Profit Margin (Excl OI)
-1,028.00%
NA%
NA
Values in Rs Cr.
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

Nine Monthly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Dec'18
Change(%)
Net Sales
14.59
63.78
-77.12%
Operating Profit (PBDIT) excl Other Income
-15.57
-30.72
49.32%
Interest
12.97
21.73
-40.31%
Exceptional Items
0.00
-10.60
100.00%
Standalone Net Profit
-30.59
-66.74
54.17%
Operating Profit Margin (Excl OI)
-106.72%
-47.98%
-58.74%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Sep 2024 is -77.12% vs -82.57% in Dec 2018

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Sep 2024 is 54.17% vs -39.65% in Dec 2018

Annual Results Snapshot (Standalone) - Mar'19stock-summary
Mar'19
Mar'18
Change(%)
Net Sales
72.53
461.57
-84.29%
Operating Profit (PBDIT) excl Other Income
-55.67
-26.93
-106.72%
Interest
26.46
22.64
16.87%
Exceptional Items
-10.60
-2.92
-263.01%
Standalone Net Profit
-97.41
-57.06
-70.72%
Operating Profit Margin (Excl OI)
-76.75%
-5.83%
-70.92%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2019 is -84.29% vs -16.03% in Mar 2018

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2019 is -70.72% vs -52.73% in Mar 2018

stock-summaryCompany CV
About Steelco Gujarat Ltd stock-summary
stock-summary
Steelco Gujarat Ltd
Micro Cap
Steel/Sponge Iron/Pig Iron
Steelco Gujarat Ltd manufactures cold rolled steel and galvanized steel. The products include cold rolled steel coils/sheets, hot dip galvanized steel coils and plain corrugated sheets.
Company Coordinates stock-summary
Company Details
Plot No 2 G I D C Indl Estate, National Highway No 8 Palej Bharuch Gujarat : 392220
stock-summary
Tel: 91-2642-2642-277479/481/277326
stock-summary
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