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Scan Steels Ltd Stock Analysis

Small Cap
Evaluated by 108 users | BSE: 511672 | NSE: |
Steel & Iron Products

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20TTM
Return on Capital Employed -13.67%-19.01%-12.24%1%6.27%4.28%-0.54%5.03%3.84%2.63%-
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 46.373.6425423448353378507695666818
Y-o-Y Gr. Rt.-58.9%477.7%-0.5%5.8%-21.1%7%34.2%37.2%-4.2%-
Adjusted EPS (Rs.) -1.53-2.16-14.37-5.080.74-0.36-2.29-0.381.270.0610.00
Y-o-Y Gr. Rt.-NANANANA-148.7%NANANA-95.3%-
Book Value per Share (Rs.) 7.435.2746.8241.7942.1653.0650.6450.2251.351.3961.50
Adjusted Net Profit -2.7-3.8-54.3-19.22.8-1.8-11.8-26.70.352
Net Op. Cash Flow (Rs. Cr.) 6.1-4.140.162.869.870.33.2-69.54.130.3-
Debt to Cash Flow from Ops 0-1.336.053.473.613.1966.14-2.8537.344.77-
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Scan Steels Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  10 yrs 5 yrs 3 yrs 1 yr
Net Sales 34.5%8.3%20.8%-4.2%
Adjusted EPS NA-39.5%NA-95.3%
Book Value per Share 2440.50.2
Share Price -1.1% 18.4% 10.2% 147.7%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20TTM
Return on Equity (%) -18.69-33.94-44.69-8.381.35-0.78-4.55-0.762.510.1117.72
Operating Profit Margin (%) -6.19-3.07-0.917.4411.452.274.311.456.245.7611.7
Net Profit Margin (%) -5.88-5.21-12.77-4.540.63-0.5-3.13-0.40.960.056.4
Debt to Equity 00.581.371.381.580.860.810.750.570.54-
Working Capital Days 224139142248215269224157101103-
Cash Conversion Cycle 6607212411612458666668-
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Entity Percentage Holding
Promoters 48.11%
Institutions 0.57%
Non-Institutions 51.32%
Pledged *13.0913.0913.0913.0913.0913.0913.0913.0913.0913.09
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

Scan Steels Ltd's earnings have declined by -39.5%, whereas share price has appreciated 18.4% CAGR over the past five years, indicating the company’s share price is likely overvalued. However, for specific investment actions please consult your investment advisor.

Scan Steels Ltd share price has declined -1.1% annually (CAGR) over the past ten years.

Data is not available for this company.

Scan Steels Ltd is self-sufficient in almost all aspects of steel making mainly producing TMT rods used for construction activities across different sectors. It was incorporated on December 11, 1990 as a private limited company and subsequently converted to a public limited company on March 18, 1996 and its commercial operation started on April 1. 1997. The company was a pioneer in starting DRI unit of smaller capacity in the state of Odisha in the year 1999 and has grown

Scan Steels Ltd is self-sufficient in almost all aspects of steel making mainly producing TMT rods used for construction activities across different sectors. It was incorporated on December 11, 1990 as a private limited company and subsequently converted to a public limited company on March 18, 1996 and its commercial operation started on April 1. 1997. The company was a pioneer in starting DRI unit of smaller capacity in the state of Odisha in the year 1999 and has grown to be the largest TMT manufacturing company in Odisha through secondary route of steel making.

The company is listed on the BSE and has its manufacturing facilities in three places in and around the industrial town of Rajgangpur, Odisha which is an integrated steel plant having its own captive power plant with all other facilities like SMS & DRI units, required for steel making. The unit was started in the year 1996 in Ramabhal village with one rolling mill and was subsequently developed into an integrated steel plant by backward and forward integration within next 23 years. Scan Steels Limited’s registered office is located at Mumbai and the corporate office is located at Bhubaneswar and the works office is located in Rajgangpur, Odisha.

The company has changed its name from Clarus Finance & Securities Ltd to Clarus Infrastructure Realties Ltd. In March 2012. Further, the name has been changed to Scan Steel in September 2014.

Business area of the company

The company is primarily engaged in manufacturing of Iron & Steel products like MS Billets & TMT rods through secondary steel manufacturing route and over the years has improvised by using new technologies and processes to minimize the production cost and increase efficiencies. The company has worked for wider market penetration by installing manufacturing facilities in four places in the state of Odisha & Karnataka and minimizing energy dependence on the state grid by installing a captive power plant in Odisha.

Products

  • MS Billets
  • Shrishtii TMT
  • Shrishtii Structural
  • Shrishtii Roofing
  • Fly Ash Bricks
  • Quality
  • Product Pricing

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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