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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

₹206.60 4.05 (2.00%)

As on 16-Oct'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

₹206.60 4.05 (2.00%)

As on 16-Oct'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹130 Cr.
Current Price
₹206.6
52-Week Low / High
₹20 / 269
TTM EPS
₹-75.6
TTM Sales
₹110 Cr.
Book Value per Share
₹-122.6
P/E Ratio
0.00
Industry PE
24
Price to Book (P/B)
-1.69
Lower than its 5-year historical median
Price to Sales (P/S)
1.18
Higher than its 5-year historical median
EV/EBITDA
-17.33
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)
-21.99%
Underperforms industry median
Return on Assets (ROA)
-18.27%
Operating Profit Margin
-31.6%
Net Profit Margin
-63.68%
Gross Profit Margin
-56.5%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
1300.24%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
74.65%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-83 Cr.
Equity
₹6.3 Cr.
Face Value
₹10
All Time Low / High
₹0.50 / 269.10

Steelco Gujarat stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Undervalued

Price Trend

Weak
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 -33.92%, compared to the industry median CAGR of 0%, 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 41.3% based on the current price.

10 Year X-Ray :

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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ14.3%17%22.7%-15.9%-506.2%0%0%1,822.4%-23.6%-22%-
Value Creation
Index ⓘ
0.0NANANANANANA129.2NANA-

Growth Parameters ⓘ

Sales ⓘ53257150653146572.600.34.258.5110
Sales YoY Gr.-7.3%-11.4%5%-12.5%-84.4%-100%NA1,248.4%1,300.2%-
Adj EPS ⓘ0.2-0.6-3.1-9.2-13.3-20.1-2.993.6-40.7-75.1-75.6
YoY Gr.--464.7%NANANANANANA-143.5%NA-
BVPS (₹) ⓘ-7.7-8.4-8.2-28.1-43.7-66.6-44.6-42.4-82-155.3-122.6
Adj Net
Profit ⓘ
0.7-2.6-13.3-39.3-56.4-85.6-12.546.5-20.2-37.3-48
Cash Flow from Ops. ⓘ4.843.510.5-30.446.4-5.10.444.15.2-99.9-
Debt/CF from Ops. ⓘ23.92.29.1-5.63.2-24.4394.91.917.4-2.3-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ-21.8%-33.9%NA1300.2%
Adj EPS ⓘ-296.7%NANANA
BVPSⓘNANANANA
Share Price 41.3% 159.4% 389.6% 929.4%

Key Financial Parameters ⓘ

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ
0.9-6.7-1269.666.536.936.56.4-199.2-40.2-174.354.4
Op. Profit
Mgn % ⓘ
4.31.80.3-1.1-5.8-670-434.1-225.2-31.6-18.9
Net Profit
Mgn % ⓘ
0.1-0.5-2.6-7.4-12.1-118015087.5-483.7-63.7-43.2
Debt to
Equity ⓘ
31.1172.562-1.4-0.8-0.4-0.8-3.9-2.2-2.9-
Working Cap
Days ⓘ
137122135148150640071,6802,223371105
Cash Conv.
Cycle ⓘ
706164478-64058,99287318441

Valuation of Steelco Gujarat - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00100.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'23Mar'24Mar'25Mar'26
Sales5325715065314657300459
Operating Expenses ⓘ + 515564506537492128321477
Manufacturing Costs56646462502600511
Material Costs4104513904253945000253
Employee Cost 1213151718171024
Other Costs ⓘ 3736383230361149
Operating Profit ⓘ 177-0-6-27-56-3-1-10-18
Operating Profit Margin (%) 3.1%1.3%-0.1%-1.1%-5.8%-76.7%--434.0%-236.0%-31.6%
Other Income ⓘ + 4334319311
Exceptional Items ⓘ 011220-3-11017000
Interest ⓘ 202121262326123715
Depreciation ⓘ 43310764344
Profit Before Tax ⓘ -4-31-37-57-97-8165-21-37
Tax ⓘ 0000000000
Profit After Tax -4-31-37-57-97-8165-21-37
PAT Margin (%) -0.7%-0.6%0.2%-7.0%-12.3%-134.0%-53,669.2%-491.0%-63.7%
Adjusted EPS (₹)-0.9-0.70.2-8.8-13.4-22.9-2.0333.1-41.4-75.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 7812-120-186-284-10761403
Share Capital ⓘ 78.8778.8778.8742.5642.5642.5642.564.974.974.97
Reserves ⓘ -0-78-77-162-228-326-1505635-2
Debt +10990881461231251208291227
Long Term Debt443731494743478291227
Short Term Debt66535797768373000
Minority Interest0000000000
Trade Payables143130159177166155612255
Others Liabilities ⓘ 181926981281642096611
Total Liabilities ⓘ 349240274301231160229161163245

Fixed Assets

Net Fixed Assets ⓘ +1164947526259129136133138
Gross Block369278278627975172183178187
Accumulated Depreciation25322923110171644474549
CWIP ⓘ 11110620033
Investments ⓘ 0001110000
Inventories89797588321612121144
Trade Receivables7856931079167744421
Cash Equivalents 9101365130012
Others Assets ⓘ 5845463934151191127
Total Assets ⓘ 349240274301231160229161163245
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + 54310-3046-50445-100
PBT ⓘ -4-31-37-57-97-8165-21-37
Adjustment ⓘ 3014142536719-1641319
Changes in Working Capital ⓘ -2232-4-18672204313-81
Tax Paid ⓘ 00-0-0-0-1-0000
Cash Flow From Investing Activity ⓘ + -0-2141-1620-8-1-9
Capex -1-214-7-17-2-0-81-9
Net Investments 0-006-0400-20
Others ⓘ 11-01100100
Cash Flow From Financing Activity ⓘ + -2-41-2129-313-1-36-4120
Net Proceeds from Shares ⓘ 0000000500
Net Proceeds from Borrowing ⓘ 6-6-50000353135
Interest Paid ⓘ -20-21-21-14-8-30-3-7-15
Dividend Paid ⓘ 0000000000
Others ⓘ 11-13442-236-1-730-0
Net Cash Flow ⓘ 213-1-1-0-00011
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)000N/AN/AN/AN/A000
ROCE (%)14.2617.0322.72N/AN/AN/AN/A1822.42-23.57-21.99
Asset Turnover Ratio1.652.042.071.911.780.37000.030.29
PAT to CFO Conversion(x)N/AN/A10N/AN/AN/AN/A0.27N/AN/A
Working Capital Days
Receivable Days5240.5051.1066.2076.4039900332.8079.20
Inventory Days50.5050.8052.7053.9046.10119.2000990.80171.40
Payable Days39.6037.2050.8092.60137.501,079.80002,780.50101.30

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Steelco Gujarat Ltd FAQs

The current trading price of Steelco Gujarat on 16-Oct-2026 16:59 is ₹206.6.

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 15-Oct-2026 the market cap of Steelco Gujarat stood at ₹130.1 Cr

The latest P/E ratio of Steelco Gujarat as of 15-Oct-2026 is 0.00.

The latest P/B ratio of Steelco Gujarat as of 15-Oct-2026 is -1.69.

The 52-week high of Steelco Gujarat is ₹269.1 and the 52-week low is ₹20.07.

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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