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Steelco Gujarat Ltd (STEELCOGUJ)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500399 NSE: STEELCOGUJ Steel & Iron Products | Small Cap | Steelco Gujarat Share Price

₹185.65 8.80 (4.98%)

As on 14-Aug'26 16:59

Steelco Gujarat Ltd (STEELCOGUJ)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500399 NSE: STEELCOGUJ Steel & Iron Products | Small Cap | Steelco Gujarat Share Price

₹185.65 8.80 (4.98%)

As on 14-Aug'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹117 Cr.
Current Price
₹185.7
52-Week Low / High
₹15 / 186
TTM EPS
₹-75.6
TTM Sales
₹110 Cr.
Book Value per Share
₹-100.2
P/E Ratio
0.00
Industry PE
23.6
Price to Book (P/B)
-1.85
Lower than its 5-year historical median
Price to Sales (P/S)
1.06
Higher than its 5-year historical median
EV/EBITDA
-16.67
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
0.00%
Underperforms industry median
Return on Capital Employed (ROCE)
-23.57%
Underperforms industry median
Return on Assets (ROA)
-12.69%
Operating Profit Margin
-225.2%
Net Profit Margin
-491.65%
Gross Profit Margin
-394.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
1248.39%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-112.42%
Asset Quality
Promoter Holding
74.65%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-69 Cr.
Equity
₹6.3 Cr.
Face Value
₹10
All Time Low / High
₹0.50 / 177.80

Steelco Gujarat stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Steelco Gujarat Ltd a good quality company?
Steelco Gujarat Ltd is a average quality company, based on a somewhat consistent 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 Steelco Gujarat Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Steelco Gujarat Ltd vs industry peers?
Steelco Gujarat Ltd revenue CAGR is -62.05%, compared to the industry median CAGR of 8.54%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Steelco Gujarat Ltd?
Promoters hold 74.65% of the Steelco Gujarat Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Steelco Gujarat Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 42.8% 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.
Steelco Gujarat Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'23Mar'24Mar'25TTM
ROCE % 23.2%14.3%17%22.7%-15.9%-506.2%0%0%1,822.4%-23.6%-
Value Creation
Index
0.70.0NANANANANANA129.2NA-

Growth Parameters

Sales 54253257150653146572.600.34.2110
Sales YoY Gr.--1.7%7.3%-11.4%5%-12.5%-84.4%-100%NA1,248.4%-
Adj EPS 00.2-0.6-3.1-9.2-13.3-20.1-2.993.6-40.7-75.6
YoY Gr.-466.7%-464.7%NANANANANANA-143.5%-
BVPS (₹) -6.8-7.7-8.4-8.2-28.1-43.7-66.6-44.6-42.4-82-100.2
Adj Net
Profit
0.10.7-2.6-13.3-39.3-56.4-85.6-12.546.5-20.2-48
Cash Flow from Ops. -17.44.843.510.5-30.446.4-5.10.444.15.2-
Debt/CF from Ops. -5.623.92.29.1-5.63.2-24.4394.91.917.4-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -41.8%-62.1%-61.4%1248.4%
Adj EPS -322.9%NANA-143.5%
BVPSNANANANA
Share Price 42.8% 153.9% 372.5% 10448.3%

Key Financial Parameters

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'23Mar'24Mar'25TTM
Return on
Equity %
0.10.9-6.7-1269.666.536.936.56.4-199.2-40.283
Op. Profit
Mgn %
44.31.80.3-1.1-5.8-670-434.1-225.2-18.9
Net Profit
Mgn %
00.1-0.5-2.6-7.4-12.1-118015087.5-483.7-43.2
Debt to
Equity
2531.1172.562-1.4-0.8-0.4-0.8-3.9-2.2-
Working Cap
Days
124137122135148150640071,6802,133105
Cash Conv.
Cycle
60706164478-64058,99286041

Valuation of Steelco Gujarat - 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!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *100.000.000.000.00100.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'23Mar'24Mar'25
Sales54253257150653146573004
Operating Expenses + 5205155645065374921283214
Manufacturing Costs54566464625026006
Material Costs41941045139042539450002
Employee Cost 11121315171817102
Other Costs 36373638323036114
Operating Profit 22177-0-6-27-56-3-1-10
Operating Profit Margin (%) 4.0%3.1%1.3%-0.1%-1.1%-5.8%-76.7%--434.0%-236.0%
Other Income + 3433431931
Exceptional Items 0011220-3-1101700
Interest 202021212623261237
Depreciation 54331076434
Profit Before Tax 0-4-31-37-57-97-8165-21
Tax 0000000000
Profit After Tax 0-4-31-37-57-97-8165-21
PAT Margin (%) 0.0%-0.7%-0.6%0.2%-7.0%-12.3%-134.0%-53,669.2%-491.0%
Adjusted EPS (₹)0.0-0.9-0.70.2-8.8-13.4-22.9-2.0333.1-41.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 847812-120-186-284-1076140
Share Capital 757979794343434355
Reserves 9-0-78-77-162-228-326-1505635
Debt +9510990881461231251208291
Long Term Debt40443731494743478291
Short Term Debt556653579776837300
Minority Interest0000000000
Trade Payables12714313015917716615561225
Others Liabilities 181819269812816420966
Total Liabilities 325349240274301231160229161163

Fixed Assets

Net Fixed Assets +1251164947526259129136133
Gross Block369369278278627975172183179
Accumulated Depreciation244253229231101716444746
CWIP 11111062003
Investments 0000111000
Inventories66897975883216121211
Trade Receivables8178569310791677444
Cash Equivalents 691013651302
Others Assets 475845463934151199
Total Assets 325349240274301231160229161163
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -1754310-3046-50445
PBT 0-4-31-37-57-97-8165-21
Adjustment 213014142536719-16413
Changes in Working Capital -39-2232-4-18672204313
Tax Paid -000-0-0-0-1-000
Cash Flow From Investing Activity + 1-0-2141-1620-8-1
Capex -0-1-214-7-17-2-0-81
Net Investments 00-006-0400-2
Others 111-0110010
Cash Flow From Financing Activity + 14-2-41-2129-313-1-36-4
Net Proceeds from Shares 3000000050
Net Proceeds from Borrowing 366-6-50000350
Interest Paid -20-20-21-21-14-8-30-3-7
Dividend Paid 0000000000
Others -611-13442-236-1-733
Net Cash Flow -3213-1-1-0-000
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'23Mar'24Mar'25
Ratios
ROE (%)0000N/AN/AN/AN/A00
ROCE (%)23.1814.2617.0322.72N/AN/AN/AN/A1822.42-23.57
Asset Turnover Ratio1.711.652.042.071.911.780.37000.03
PAT to CFO Conversion(x)N/AN/AN/A10N/AN/AN/AN/A0.27N/A
Working Capital Days
Receivable Days46.805240.5051.1066.2076.4039900332.80
Inventory Days48.8050.5050.8052.7053.9046.10119.2000990.80
Payable Days43.6039.6037.2050.8092.60137.501,079.80003,445.40

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Steelco Gujarat Ltd FAQs

The current trading price of Steelco Gujarat on 14-Aug-2026 16:59 is ₹185.7.

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 13-Aug-2026 the market cap of Steelco Gujarat stood at ₹116.9 Cr

The latest P/E ratio of Steelco Gujarat as of 13-Aug-2026 is 0.00.

The latest P/B ratio of Steelco Gujarat as of 13-Aug-2026 is -1.85.

The 52-week high of Steelco Gujarat is ₹185.7 and the 52-week low is ₹15.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Steelco Gujarat is ₹110 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Steelco Gujarat Ltd is a average quality company.

The key valuation ratios of Steelco Gujarat Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

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

About Steelco Gujarat Ltd

Steelco Gujarat Ltd., an ISO 9001-2000 & ISO 14001 certified company is the Indian Chapter of the $2.5 billion Comcraft Group having presence in 45 countries across the globe with 250 establishments in steel, aluminium, plastics, chemicals, non ferrous metals, engineering and industrial components. The company was incorporated as a public limited company on 9th January, under the Companies Act, 1956 with the Registrar of Companies, Gujarat, at Ahmedabad. The company obtained a Certificate of Commencement of Business on February 20, 1989.

Backed by Comcraft’s managerial expertise and technological support from Hitachi of Japan, Steelco Gujarat makes paper thin steel within the Indian scenario.

The company is situated at Palej, Dist. Bharuch, Gujarat, India, 50 kms from Vadodara (Baroda) towards Mumbai on National Highway No.8.

Steelco Gujarat started commercial production of cold rolled steel products in 1994 with capacity of 200,000 MT per annum the company went for the forward integration by installing a Continuous Hot Dip Galvanising Line in 1997 with capacity of 30,000 MT per annum.

The company’s second Hot Dip Continuous Galvanising line of capacity 50,000 MT per annum was commissioned in March 2004.

The company’s plant is equipped with the latest in cold rolling technology - super efficient 6 Hi High Crown Combination Reversing Cold Rolling Mill from Hitachi, Japan to enable rolling of superior grade finished sheets and coils.

Product range of the company includes:

The company’s principal activity is to manufacture cold rolled steel and galvanized steel. The products include cold rolled steel coils/sheets, hot dip galvanized steel coils and plain corrugated sheets.

CR Steel productsG I products

Secondary products

  •  H.R Trimmings 
  •  H.R Coil Ends
  •  H.R Skelp
  •  H.R Fish Tail Ends
  •  C.R Trimmings
  •  C.R Coil Ends
  •  C.R Baby Coils
  •  Assorted CR Sheets
  •  Zinc Flux
  •  Zinc Dross
  •  Zinc Ash

Clientele:

  • Automax, Gurgaon
  • Yoshika Engineering Pvt. Ltd., Pune.
  • Bundy India Ltd, Baroda
  • Rasandik Engineering Industries Ltd., Sohna.
  • Munjal Auto Industries Ltd., Waghodia 
  • Ifb Industries Ltd., Goa
  • JBM Tools Ltd., Pune
  • Asian Paints India Ltd., Mumbai
  • JBM Tools Ltd., Halol
  • Berger Paints India Ltd., Kolkatta
  • BPL Display Devices Ltd., Ghaziabad
  • Scooters India Ltd., Lucknow
  • Automobile Corporation of Goa Ltd., Goa
  • Good Luck Steel Tubes Ltd., Ghaziabad
  • Adeep Roloforms Ltd., Bangalore
  • National Steel & Agro Industries Ltd., Indore
  • Bharat Heavy Electricals Ltd., Bangalore
  • Jay Bharat Maruti Ltd.
  • Bharat Heavy Electricals Ltd., Ranipet
  • Transpek Silox Industry Ltd., Baroda
  • Godrej & Boyce Mfg. Co. Ltd., Mumbai
  • Kailash Vahan Udyog Ltd., Pune
  • Bharat Technologies Auto Components Ltd., Hosur
  • International Electronic Devices Ltd., Ghaziabad

Awards/ Achievements

  • ISO 9002
  • ISO 14001
  • Trading House certificate
  • Award from Ministry of Commerce
  • IIM Award
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