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Steel City Securitie - Quaterly Results

05 Aug 2023 Evaluate
The revenue slipped marginally during the June 2023 quarter. A decline of about Rs. 129.78 millions was observed as compared to Rs. 130.91 millions during the corresponding quarter last year.Net profit declined -4.36% to Rs. 21.28 millions from Rs. 22.25 millions.The Operating Profit of the company witnessed a decrease to 32.33 millions from 32.38 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 129.78 130.91 -0.86 129.78 130.91 -0.86 545.11 635.40 -14.21
Other Income 8.42 6.38 31.97 8.42 6.38 31.97 30.86 27.08 13.96
PBIDT 32.33 32.38 -0.15 32.33 32.38 -0.15 151.68 188.89 -19.70
Interest 1.12 1.07 4.67 1.12 1.07 4.67 5.84 4.93 18.46
PBDT 31.21 31.31 -0.32 31.21 31.31 -0.32 145.84 183.96 -20.72
Depreciation 2.77 1.58 75.32 2.77 1.58 75.32 7.15 6.43 11.20
PBT 28.44 29.73 -4.34 28.44 29.73 -4.34 138.69 177.53 -21.88
TAX 7.16 7.48 -4.28 7.16 7.48 -4.28 36.55 48.26 -24.26
Deferred Tax 0.50 -1.70 -129.41 0.50 -1.70 -129.41 1.15 -1.29 -189.15
PAT 21.28 22.25 -4.36 21.28 22.25 -4.36 102.14 129.27 -20.99
Equity 151.07 151.07 0.00 151.07 151.07 0.00 151.07 151.07 0.00
PBIDTM(%) 24.91 24.73 0.72 24.91 24.73 0.71 27.83 29.73 -6.40
Peers
Company Name CMP
Motilal Oswal Fin 790.70
Angel One 297.65
IIFL Capital Service 296.75
Nuvama Wealth 1340.05
Share India Sec. 147.40
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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