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?

Based on the current situation of Steelco Gujarat, it would be advisable to sell your shares. The company has shown weak long-term fundamental strength, as it has not declared results in the last six months and has reported negative results for the last five consecutive quarters. The significant decline in net sales, with an annual growth rate of -41.93%, and the stagnation in operating profit are concerning indicators.Additionally, the company's high debt levels, reflected in a debt-to-equity ratio of 0, further complicate its financial health. With a recent PAT of Rs -27.32 crore, which has decreased by -72.58%, and the lowest quarterly net sales at Rs 5.64 crore, the outlook appears quite risky. Given these factors, holding or buying more shares could expose you to further losses. Therefore, selling would be a prudent decision at this time.

Q: Why is Steelco Gujarat Ltd falling/rising?

As of 18-Jan, Steelco Gujarat Ltd's stock price is currently stable at Rs 50.58, showing no change (0.00%). Despite this stability, the stock has experienced a notable rise in the short term, with a 4.98% increase over the past week and a year-to-date gain of 10.22%. This performance is particularly impressive when compared to the Sensex, which has seen a slight decline of 0.01% in the same week and a 1.94% drop year-to-date.Today, the stock reached a new 52-week high of Rs 50.58 and outperformed its sector by 3.66%. It opened with a gap up of 4.98% and maintained this price throughout the trading session. Additionally, Steelco Gujarat is trading above its moving averages across various time frames, indicating a positive trend in the short term.However, there are significant concerns regarding the company's long-term fundamentals. The company has not declared results in the last six months, and its financial performance has been poor, with net sales declining at an annual rate of 32.90% and operating profit decreasing by 238.25% over the past five years. The company has reported losses for the last five consecutive quarters, with a negative return on equity and a high debt-to-equity ratio of 64.57 times.Moreover, investor participation has been falling, as indicated by a 77.69% drop in delivery volume compared to the five-day average. This decline in trading activity, combined with the company's weak financial outlook, suggests that while the stock may be rising in the short term, there are underlying issues that could impact its performance negatively in the future.

52-Week High: Rs.50.58 hit today

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

90 (400.00%) 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.

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?

14-Oct-2025

Why is Steelco Gujarat Ltd falling/rising?

18-Jan-2026

As of 18-Jan, Steelco Gujarat Ltd's stock price is stable at Rs 50.58, with a recent short-term rise of 4.98% and a year-to-date gain of 10.22%. However, concerns about the company's long-term fundamentals, including declining sales and consistent losses, suggest potential future performance issues despite current stock stability.

View full answer

Which are the latest news on Steelco Gujarat?

19-Jan-2026

Steelco Gujarat Ltd Hits New 52-Week High at Rs.48.18
Steelco Gujarat Ltd Hits New 52-Week High of Rs.45.89 on 29 Dec 2025

Compare Steelco Gujarat with Similar Stocks

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

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 -238.25% over the last 5 years
High Debt Company with a Debt to Equity ratio (avg) at 64.57 times
The company has reported losses. Due to this company has reported negative ROE

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

Risky - No result in last 6 months

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Steel/Sponge Iron/Pig Iron

Market cap

INR 24 Cr (Micro Cap)

P/E

NA (Loss Making)

Industry P/E

Dividend Yield

0.00%

Debt Equity

2.22

Return on Equity

-216.79%

Price to Book

0.60

Revenue and Profits:

Net Sales:

0 Cr

(Quarterly Results - Sep 2024)

Net Profit:

-3 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

152.02%

6 Months

0.0%

1 Year

0.0%

2 Years

0.0%

3 Years

0.0%

4 Years

0.0%

5 Years

2331.73%

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 Hits New 52-Week High at Rs.48.18

Steelco Gujarat Ltd has reached a significant milestone by hitting a new 52-week high of Rs.48.18, marking a notable rally in its stock price. This achievement reflects strong momentum as the stock outperformed its sector and maintained gains throughout the trading session on 5 January 2026.

Read full news article

Steelco Gujarat Ltd Hits New 52-Week High of Rs.45.89 on 29 Dec 2025

Steelco Gujarat Ltd surged to a fresh 52-week high of Rs.45.89 on 29 Dec 2025, marking a significant milestone in its trading performance. The stock opened with a strong gap up, gaining 15.74% on the day and outperforming its sector by 14.23%, signalling robust momentum in the market.

Read full news article

Steelco Gujarat Ltd is Rated Sell

Steelco Gujarat Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 13 October 2025. However, the analysis and financial metrics discussed here reflect the stock's current position as of 29 December 2025, providing investors with the latest insights into the company’s performance and outlook.

Read full news article

Announcements

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

16-Jan-2026 | Source : BSE

Certificate under Regulation 74(5) of SEBI (DP) Regulations 2018 for the quarter ended December 31 2025

Board Meeting Outcome for Outcome Of The Board Meeting Held On Tuesday January 13Th 2026 Pursuant To Regulation 30 And Other Regulations Applicable If Any Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (LODR)

13-Jan-2026 | Source : BSE

The Board of Directors at its meeting held on Tuesday 13th January 2026 considered and approved the fundraising by way of the issuance of fully-paid up equity shares of the Company having face value of Rs. 10/- each to its eligible shareholders as on the record date (to be notified later) on a right basis (Rights issue) for a maximum amount up to Rs. 150000000 (Rs. Fifteen Crores Only) (the Issue) subject to receipt of regulatory/necessary approvals as applicable and in accordance with applicable provisions of the Companies Act 2013 as amended Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations 2018 (SEBI (ICDR) Regulations) as amended and other applicable laws and subject to necessary approvals as may be required.

Disclosure Pursuant To Regulation 30 And Other Regulations Applicable If Any Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (LODR) In Respect Of Listing Of 16000 Senior Rated Listed Secured Partly Paid-Up Non-Convertible Debent

09-Jan-2026 | Source : BSE

Disclosure pursuant to Regulation 30 of LODR in respect of listing of 16000 senior rated listed secured partly paid-up non-convertible debentures on the Debt market segment of BSE

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

No Dividend history available

SPLITS

No Splits history available

BONUS

No Bonus history available

RIGHTS

No Rights history available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

-32.90%

EBIT Growth (5y)

-238.25%

EBIT to Interest (avg)

-0.88

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

100.00%

Institutional Holding

0.06%

ROCE (avg)

3.40%

ROE (avg)

Valuation key factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

0.63

EV to EBIT

-1.85

EV to EBITDA

-2.05

EV to Capital Employed

0.88

EV to Sales

1.57

PEG Ratio

Dividend Yield

ROCE (Latest)

-47.87%

ROE (Latest)

-216.79%

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

Bullish

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

Shareholding

Shareholding Snapshot : Sep 2019

Shareholding Compare (%holding)

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%

Financial

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Quarterly Results Snapshot (Standalone) - Sep'24 - QoQ

Sep'24

Change(%)

Net Sales

0.19

Operating Profit (PBDIT) excl Other Income

-2.70

Interest

0.00

Exceptional Items

0.00

Standalone Net Profit

-3.27

Operating Profit Margin (Excl OI)

-1,421.05%

NA%

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 Quarterly Results

Half Yearly Results Snapshot (Standalone) - Sep'24

Sep'24

Change(%)

Net Sales

0.50

Operating Profit (PBDIT) excl Other Income

-5.14

Interest

0.00

Exceptional Items

0.00

Standalone Net Profit

-6.45

Operating Profit Margin (Excl OI)

-1,028.00%

NA%

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) - Sep'24

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.

Compare with Peers

Net Sales

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

Standalone Net Profit

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

All Nine Monthly Results

Annual Results Snapshot (Standalone) - Mar'19

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.

Compare with Peers

Net Sales

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

Standalone Net Profit

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

All Annual Results

Company CV

About Steelco Gujarat Ltd

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

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

Steelco Gujarat

1Day

52 Week

CASH

FII

DII

Promoter

How has been the historical performance of Steelco Gujarat?

Watch in Real-Time

Is Steelco Gujarat overvalued or undervalued?

Should I buy, sell or hold Steelco Gujarat?

Why is Steelco Gujarat Ltd falling/rising?

Which are the latest news on Steelco Gujarat?

Compare Steelco Gujarat with Similar Stocks

MarketsMojo — Loved in India, Now Global

Dashboard

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

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

Risky - No result in last 6 months

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

Returns Beta

News

Steelco Gujarat Ltd Hits New 52-Week High at Rs.48.18

Steelco Gujarat Ltd Hits New 52-Week High of Rs.45.89 on 29 Dec 2025

Steelco Gujarat Ltd is Rated Sell

Announcements

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

Board Meeting Outcome for Outcome Of The Board Meeting Held On Tuesday January 13Th 2026 Pursuant To Regulation 30 And Other Regulations Applicable If Any Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (LODR)

Disclosure Pursuant To Regulation 30 And Other Regulations Applicable If Any Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (LODR) In Respect Of Listing Of 16000 Senior Rated Listed Secured Partly Paid-Up Non-Convertible Debent

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Sep 2019

Shareholding Compare (%holding)

Quarterly Results Snapshot (Standalone) - Sep'24 - QoQ

Half Yearly Results Snapshot (Standalone) - Sep'24

Nine Monthly Results Snapshot (Standalone) - Sep'24

Annual Results Snapshot (Standalone) - Mar'19

About Steelco Gujarat Ltd

Company Coordinates