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Steel City Securitie - Quaterly Results

05 Feb 2024 Evaluate
With no major difference for the quarter endedDecember 2023 , the total revenue stood at Rs. 135.74  millions.The Company's Net profit for the December 2023 quarter have declined marginally to Rs. 26.10  millions as against Rs. 35.21 millions reported during the corresponding quarter ended.A decline of 40.53 millions was observed in the OP in the quarter ended December 2023 from 49.40 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 135.74 132.85 2.18 417.54 406.81 2.64 545.11 635.40 -14.21
Other Income 7.89 8.56 -7.83 23.45 22.03 6.45 30.86 27.08 13.96
PBIDT 40.53 49.40 -17.96 111.27 118.47 -6.08 151.68 188.89 -19.70
Interest 1.34 1.55 -13.55 3.65 3.76 -2.93 5.84 4.93 18.46
PBDT 39.19 47.85 -18.10 107.62 114.71 -6.18 145.84 183.96 -20.72
Depreciation 2.83 1.77 59.89 8.40 4.98 68.67 7.15 6.43 11.20
PBT 36.36 46.08 -21.09 99.22 109.73 -9.58 138.69 177.53 -21.88
TAX 10.26 10.87 -5.61 27.39 28.17 -2.77 36.55 48.26 -24.26
Deferred Tax 1.05 1.50 -30.00 0.99 0.45 120.00 1.15 -1.29 -189.15
PAT 26.10 35.21 -25.87 71.83 81.56 -11.93 102.14 129.27 -20.99
Equity 151.07 151.07 0.00 151.07 151.07 0.00 151.07 151.07 0.00
PBIDTM(%) 29.86 37.18 -19.70 26.65 29.12 -8.49 27.83 29.73 -6.40
Peers
Company Name CMP
Motilal Oswal Fin 789.80
Angel One 293.30
IIFL Capital Service 294.85
Nuvama Wealth 1355.80
Share India Sec. 147.00
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About MoneyWorks4Me

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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