Dashboard/STEELCITY

STEELCITY

UNDERVALUED

Steel City Securities Limited

Metals · NSE

↑ 38.4% vs fair value

52W Low

₹71

+13.1% from low

52W High

₹117

-31.1% from high

News sentiment (1 articles)

0 bull1 neutral0 bear

✦

Analyst Note

Today

Steel City Securities is trading at ₹80.58 against a fair value of ₹130.73, presenting a 40.3% margin of safety with medium confidence. The stock trades at an attractive 6.9x PE and 0.9x PB ratio in a cheap sector, supported by solid ROCE of 16.7% and minimal debt (0.09x), though recent performance shows earnings declining 23.4% year-on-year despite a 5.17% dividend yield. Sentiment remains neutral with no momentum from technicals, and near-term growth headwinds offset the valuation appeal. Suits value investors with patience for cyclical recovery in metals.

Valuation Gauge

UNDERVALUED+38.4% Margin of Safety

OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹81

Fair Value

₹131

Fair Value Analysis

₹131

Based on balance sheet strength analysis and earnings multiple (EV/EBITDA) for Metals sector companies | Sector-cheap: P/E at 9th percentile vs sector peers.

Medium confidence

Balance Sheet Value

40% weight

₹146

EV/EBITDA Multiple

60% weight

₹121

Price vs Market

STEELCITY

Nifty 50

Technical Pulse

Plain English — no jargon

RSI 46.9Neutral

52-week range-13.1% from high

L 71.26H 88.94

20-day avg₹80▼ 2.7%

📍

Price PositionNeutral

Not enough price history to assess trend.

💪

Momentum (RSI)Neutral

RSI is 47 — neutral momentum, neither overbought nor oversold.

📈

Short-term TrendNeutral

Insufficient data for short-term trend.

→Combined Verdict

Fundamentally undervalued with neutral momentum. Good value opportunity — momentum hasn't turned yet but fundamentals are strong.

Shareholding Pattern

Stock Health Score

B+

Financially Healthy

7.5 / 10

Profitability

10/10

ROE of 12.1% is above the Metals sector benchmark of 12% — strong returns

Debt & Leverage

10/10

D/E ratio of 0.1x is well within the Metals sector norm of 0.8x — strong balance sheet

Valuation vs Peers

10/10

P/E of 7.3x trades at a 88% discount to Metals sector median (61x) — attractively valued

Cash Flow

2/10

FCF margin of 0.4% — very thin despite positive FCF (₹0 Cr)

Earnings Growth

6/10

5yr EPS CAGR of 7.5% is below the Metals sector average of 13.8%

Dividend

9/10

Dividend yield of 5.1% provides strong shareholder returns (benchmark: 2.0%)

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

3.4%

Free cash flow / market cap

Revenue Growth (YoY)

+3.8%

Year-on-year revenue change

Profit Growth (YoY)

+12.6%

Year-on-year PAT change

Operating Cash Flow

₹3 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹10.7

P/E Ratio

7.3x

P/B Ratio

0.9x

ROE

12.1%

ROCE

16.7%

Debt / Equity

0.09x

Beta

-0.1

Div Yield

FCF (Cr)

₹0 Cr

Revenue (Cr)

₹65 Cr

EPS Growth 5Y

7.5%

Mkt Cap (Cr)

₹117 Cr

52W High

₹116.9

52W Low

₹71.3

Book Value/Share

₹88.6

Financial History

Period	Revenue	Op Profit	OPM%	PAT	EPS
TTM	₹59 Cr	₹17 Cr	28.0%	₹14 Cr	₹9.17
2025-03-31	₹70 Cr	₹24 Cr	35.0%	₹17 Cr	₹11.35
2024-03-31	₹63 Cr	₹17 Cr	28.0%	₹12 Cr	₹7.85
2023-03-31	₹59 Cr	₹16 Cr	28.0%	₹11 Cr	₹7.42
2022-03-31	₹67 Cr	₹19 Cr	29.0%	₹14 Cr	₹9.15
2021-03-31	₹55 Cr	₹15 Cr	27.0%	₹11 Cr	₹7.00
2020-03-31	₹51 Cr	₹12 Cr	22.0%	₹7 Cr	₹4.71
2019-03-31	₹64 Cr	₹15 Cr	24.0%	₹9 Cr	₹5.96
2018-03-31	₹66 Cr	₹19 Cr	29.0%	₹11 Cr	₹7.53
2017-03-31	₹38 Cr	₹9 Cr	24.0%	₹5 Cr	₹3.32
2016-03-31	₹30 Cr	₹8 Cr	28.0%	₹4 Cr	₹3.37
2015-03-31	₹35 Cr	₹13 Cr	38.0%	₹7 Cr	₹5.52
2014-03-31	₹27 Cr	₹8 Cr	28.0%	₹4 Cr	₹2.87

Compounded Growth Rates

Sales Growth

3Y+0.0%

5Y+1.4%

10Y+7.0%

Profit Growth

3Y+8.4%

5Y+4.9%

10Y+13.3%

EPS Growth

3Y+7.3%

5Y+5.5%

10Y+10.5%

Peer Comparison

Metals

Stock	Price	Fair Value	MoS%	P/E	ROE	Signal
JINDALSAW Jindal Saw	₹195	₹436.2	+55.3%	10.9	16.0%	UNDERVALUED
STEELCITY Steel City Securities Limited	₹80.6	₹130.7	+38.4%	6.9	12.1%	UNDERVALUED
VSTL Vibhor Steel Tubes Limited	₹109.4	₹143.4	+23.7%	19.3	7.0%	FAIRLY_VALUED
HISARMETAL Hisar Metal Industries Limited	₹143.9	₹186.5	+22.9%	30.5	7.1%	FAIRLY_VALUED
SSWL Steel Strips Wheels Limited	₹190	₹213.8	+11.1%	15.7	13.0%	FAIRLY_VALUED
HINDALCO Hindalco Industries	₹926.8	₹1,039.1	+10.8%	12.7	11.9%	FAIRLY_VALUED
MAHSEAMLES Maharashtra Seamless Limited	₹595	₹656.6	+9.4%	9.4	14.0%	FAIRLY_VALUED
VRAJ Vraj Iron and Steel Limited	₹106	₹113.6	+6.7%	13	6.4%	FAIRLY_VALUED

Institutional Activity

Bulk deals, block deals, short selling & delivery volume — NSE data

Insider Trading

Community Pulse

What is Dalal Street saying?

r/IndiaInvestments · r/Dalal_Street_Investments · r/IndianStockMarket

No Reddit mentions found yet for STEELCITY.

StockTwits

What traders are saying right now

StockTwits

No StockTwits activity found for STEELCITY.

Search Interest

Google Trends · India · Last 90 days"Steel City Securities"

Trends

Interest score (0 = low, 100 = peak)

90-day trend

↑

Telegram Channels

ET Markets · CNBC TV18 · Moneycontrol · Zee Business · NDTV Profit

No Telegram mentions found yet for STEELCITY.

3 articles

Steel City Securities Says NSE Penalty Has No Material Impact - TipRanks

Google News: STEELCITY·4d ago

– NEUTRAL

Steel City Securities Ltd is Rated Strong Sell - Markets Mojo

Google News: STEELCITY·11d ago

Steel City Securities Ltd is Rated Strong Sell - Markets Mojo

Google News: STEELCITY·22d ago

Company Documents

Annual reports, concall transcripts & regulatory filings

📄

Annual Reports

Last 10 years of annual reports via Screener.in

↗🎙️

Concall Transcripts

Quarterly earnings call transcripts & investor presentations

↗🏛️

NSE Filings

Board meeting outcomes, shareholding patterns, corporate actions

↗📊

Balance Sheet & Cash Flow

10-year financial statements on Screener.in

↗

Share this Stock

Download card · Share on WhatsApp

Share on WhatsApp, Twitter, or any group — each share brings new users to Veritas Quant