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Mittal Sections Ltd (544575)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544575 NSE: Steel & Iron Products | Small Cap | Mittal Sections Share Price

₹33.50 0.95 (2.92%)

As on 04-Jun'26 16:59

Mittal Sections Ltd (544575)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544575 NSE: Steel & Iron Products | Small Cap | Mittal Sections Share Price

₹33.50 0.95 (2.92%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹39 Cr.
Current Price
₹33.5
52-Week Low / High
₹23 / 114
TTM EPS
₹3
TTM Sales
₹149 Cr.
Book Value per Share
₹12.1
P/E Ratio
11.21
In line with its 5-year historical median
Industry PE
25.8
Price to Book (P/B)
2.76
In line with its 5-year historical median
Price to Sales (P/S)
0.26
Lower than its 5-year historical median
EV/EBITDA
7.19
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
42.30%
Outperforms industry median
Return on Capital Employed (ROCE)
26.00%
Outperforms industry median
Return on Assets (ROA)
9.70%
Operating Profit Margin
5.6%
Net Profit Margin
2.64%
Gross Profit Margin
4.5%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-15.25%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
43.39%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
91.01%
Asset Quality
Promoter Holding
67.96%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹2 Cr.
Equity
₹11.6 Cr.
Face Value
₹10
All Time Low / High
₹22.63 / 114.40

Mittal Sections stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Mittal Sections Ltd a good quality company?
Mittal Sections Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Mittal Sections Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Mittal Sections Ltd vs industry peers?
Mittal Sections Ltd revenue CAGR is -2.81%, compared to the industry median CAGR of 6.94%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Mittal Sections Ltd?
Promoters hold 67.96% of the Mittal Sections Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Mittal Sections Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

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.
Mittal Sections Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 13.6%11.8%19.5%26%-
Value Creation
Index
0.0-0.20.40.9-

Growth Parameters

Sales 149167161137149
Sales YoY Gr.-12.2%-3.4%-15.3%-
Adj EPS 0.70.62.44.63
YoY Gr.--8.7%282.5%90.5%-
BVPS (₹) 5.46.28.613.212.1
Adj Net
Profit
0.60.51.93.63
Cash Flow from Ops. 6.6-4.37.50.2-
Debt/CF from Ops. 2.1-4.72142.9-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA-2.8%-15.3%
Adj EPS NANA88.1%90.5%
BVPSNANA34.2%53.6%
Share Price - - - -

Key Financial Parameters

Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
12.810.932.742.323.7
Op. Profit
Mgn %
21.93.35.6NAN
Net Profit
Mgn %
0.40.31.22.62.3
Debt to
Equity
3.24.22.22-
Working Cap
Days
05353740
Cash Conv.
Cycle
02122160

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Sales149.06167.18161.48136.86
Operating Expenses + 146.09164.10156.12129.17
Manufacturing Costs9.6311.229.577.98
Material Costs133.88150.02143.72118.79
Employee Cost 0.851.061.041.28
Other Costs 1.721.791.791.11
Operating Profit 2.973.085.377.70
Operating Profit Margin (%) 2.0%1.8%3.3%5.6%
Other Income + 0.290.350.170.21
Exceptional Items 0000
Interest 1.631.781.971.75
Depreciation 0.830.900.960.99
Profit Before Tax 0.800.762.605.16
Tax 0.200.200.711.54
Profit After Tax 0.600.561.893.61
PAT Margin (%) 0.4%0.3%1.2%2.6%
Adjusted EPS (₹)0.80.72.44.6
Dividend Payout Ratio (%)0%0%0%0%

Valuation of Mittal Sections - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 4.284.846.7310.34
Share Capital 2.622.622.627.87
Reserves 1.662.214.112.47
Debt +10.9716.3811.0917.38
Long Term Debt6.038.044.1311.39
Short Term Debt4.938.346.965.99
Minority Interest0000
Trade Payables13.416.445.1110.97
Others Liabilities 3.655.716.106.72
Total Liabilities 32.3033.3729.0445.42

Fixed Assets

Net Fixed Assets +8.298.227.567.46
Gross Block14.3715.2115.5016.40
Accumulated Depreciation6.096.987.948.94
CWIP 0003.80
Investments 0.040.040.030.01
Inventories12.4912.116.366.19
Trade Receivables6.828.075.2711.08
Cash Equivalents 0.060.030.030.03
Others Assets 4.614.899.8016.84
Total Assets 32.3033.3729.0445.42

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 6.58-4.327.470.15
PBT 0.800.762.605.16
Adjustment 2.272.462.802.57
Changes in Working Capital 3.52-7.422.2-7.11
Tax Paid 0-0.13-0.12-0.47
Cash Flow From Investing Activity + -0.60-0.77-0.11-4.49
Capex -0.81-0.84-0.29-0.90
Net Investments 0-0.010.020.03
Others 0.210.070.16-3.62
Cash Flow From Financing Activity + -5.995.07-7.364.34
Net Proceeds from Shares 0000
Net Proceeds from Borrowing -1.162-3.907.26
Interest Paid -1.63-1.78-1.97-1.75
Dividend Paid 0000
Others -3.194.84-1.49-1.16
Net Cash Flow -0.01-0.020-0

Financial Ratio

PARTICULARSMar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)14.0412.2632.7342.3
ROCE (%)13.6411.819.4926
Asset Turnover Ratio4.615.095.183.68
PAT to CFO Conversion(x)10.97-7.713.950.04
Working Capital Days
Receivable Days16.7016.3015.1021.80
Inventory Days30.6026.9020.9016.70
Payable Days36.6024.1014.7024.70

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Mittal Sections Ltd FAQs

The current trading price of Mittal Sections on 04-Jun-2026 16:59 is ₹33.50.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Mittal Sections stood at ₹38.75 Cr

The latest P/E ratio of Mittal Sections as of 03-Jun-2026 is 11.21.

The latest P/B ratio of Mittal Sections as of 03-Jun-2026 is 2.76.

The 52-week high of Mittal Sections is ₹114.4 and the 52-week low is ₹22.63.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mittal Sections is ₹149 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Mittal Sections Ltd is a below average quality company.

The key valuation ratios of Mittal Sections Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Mittal Sections Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Mittal Sections Ltd

Mittal Sections was originally formed as Partnership Firm under the name and style of ‘Mittal Steel Industries’ on November 01, 2006. Subsequently, the constitution of partnership firm was changed on July 29, 2008 for admission of partners. Subsequently, the name of partnership firm was changed from ‘M/s. Mittal Steel Industries’ to ‘M/s. Mittal Sections’ on August 02, 2008. Subsequently, vide partnership agreement dated March 31, 2009 and pursuant to a resolution passed in the meeting of the partners held on March 31, 2009, ‘M/s. Mittal Sections’ was converted from a partnership firm to a joint stock company with name ‘M/s Mittal Sections Limited’ in accordance to Part IX of the Companies Act 1956 and a Certificate of Incorporation dated April 02, 2009, was issued by Registrar of Companies, Gujarat, Dadra and Nagar Haveli. 

The company is a leading manufacturer of an extensive range of Mild Steel sections and structural steel products, including MS Flat Bars, MS Round Bars, MS Angles, and Channels. These products are produced in compliance with various BIS standards, primarily IS 2062:2011, ensuring consistent quality and high performance across all applications. It manufactures products in different grades, such as E250A offering versatility to meet the diverse needs of its clients across multiple industries. The sizes it provides cover a wide spectrum, allowing for customized solutions in both small-scale and large-scale construction and industrial projects. Its entire product line is marketed under its registered brand name, ‘MSL-MITTAL’, which stands for quality, durability, and adherence to industry standards. It is dedicated to producing high-quality steel products that meet rigorous specifications, ensuring its clients receive dependable and durable materials for their projects. 

Its product portfolio includes a diverse range of Mild Steel Flat Bars, Mild Steel Round Bars, Mild Steel Angles, and Channels, which cater to a broad spectrum of customers, including industrial clients and end-users. These products are integral to various sectors, such as construction, infrastructure development, manufacturing, automotive, and general engineering. Mild steel structural and sectional products like flat bars, round bars, angles, and channels are essential for fabricating frameworks, reinforcement structures, machinery, and equipment, making them versatile in a range of applications due to their strength, durability, and ease of fabrication.

It distributes its products through a well-established network of brokers and dealers, ensuring its materials reach a wide range of customers, from large industrial corporations to small-scale fabricators and contractors. This broad distribution network enhances the availability of its products across different regions and sectors, supporting varied project requirements from large infrastructure developments to smaller construction projects.

Business area of the company

The company is engaged in the business of Manufacturing of Steel Products and Wholesale Trade of metals and metal ores. The company is a leading manufacturer of an extensive range of Mild Steel sections and structural steel products, including MS Flat Bars, MS Round Bars, MS Angles, and Channels. It manufactures products in different grades, such as E250A offering versatility to meet the diverse needs of its clients across multiple industries. The sizes it provides cover a wide spectrum, allowing for customized solutions in both small-scale and large-scale construction and industrial projects.

Products of the company

  • MS Angle
  • MS Flats
  • MS Round Bar
  • MS Channel

History and milestones

  • 2009: Incorporation of the Company (By conversion of Partnership firm in to Limited Company.
  • 2009: Changes in Memorandum of Association and Articles of Association Upon conversion of Partnership Firm to Public Limited Company.


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