Steel Strips Infrastructures Ltd - Stock Valuation and Financial Performance

BSE: 513173 | NSE: | Construction - Real Estate | Small Cap

Steel Strips Infra Share Price

31.98 -0.26 -0.81%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on Steel Strips Infra

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Steel Strips Infrastructures stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
27.9 Cr.
52-wk low:
26.1
52-wk high:
42.9

Is Steel Strips Infrastructures Ltd an attractive stock to invest in?

1. Is Steel Strips Infrastructures Ltd a good quality company?

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

2. Is Steel Strips Infrastructures Ltd undervalued or overvalued?

The key valuation ratios of Steel Strips Infrastructures Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Steel Strips Infrastructures Ltd a good buy now?

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

10 Year X-Ray of Steel Strips Infra:

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.
Steel Strips Infrastructures Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 8.6%23.2%1.4%-5.6%-8.7%-9.3%3.9%-10.9%-13%-20.3%-
Value Creation
Index
-0.40.7-0.9-1.4-1.6-1.7-0.7-1.8-1.9-2.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 463.51.91.92.30.91.11.11.21
Sales YoY Gr.-50.3%-41.3%-46.5%2.7%20.6%-62%24.7%0%9.9%-
Adj EPS 0.21.6-1-2.4-2.5-2.1-1.5-1.9-1.6-1.5-1.4
YoY Gr.-742.1%-161.3%NANANANANANANA-
BVPS (₹) 10.91415.712.385.66.65.42.72.41.7
Adj Net
Profit
0.21.4-0.9-2.1-2.2-1.8-1.3-1.7-1.4-1.3-1
Cash Flow from Ops. 3.51.5-3.83.4-10.5-0.50.81.11-
Debt/CF from Ops. 1.32.6-2.22.1-610.3-9.55.43.22.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -12.4%-8.9%11.1%9.9%
Adj EPS -226.2%NANANA
BVPS-15.6%-21.4%-28.8%-12.5%
Share Price 24.3% 35% -5.3% 12.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
1.712.4-6.5-17.4-25.1-30.8-25.3-32.2-39.1-60.2-67.8
Op. Profit
Mgn %
20.226.2-7.8-91.1-69.4-49.3-158.3-113-89.8-87.5-78.6
Net Profit
Mgn %
4.123.1-24.1-111.1-113.1-77-149.9-150-123.2-108.6-93.9
Debt to
Equity
0.50.30.60.70.910.911.51-0.4
Working Cap
Days
1,1497331,4572,4301,8291,4694,0943,4203,4233,1951,491
Cash Conv.
Cycle
8385268151,5721,5301,2393,3282,6652,5912,420-526

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 11.09%

Debt to equity has declined versus last 3 years average to 0.99

Sales growth is good in last 4 quarters at 11.04%

Return on Equity is Poor

Latest Financials - Steel Strips Infrastructures Ltd.

Standalone Consolidated
TTM EPS (₹) -1.4 -
TTM Sales (₹ Cr.) 1.3 -
BVPS (₹.) 1.7 -
Reserves (₹ Cr.) -7 -
P/BV 19.04 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 26.10 / 42.93
All Time Low / High (₹) 1.00 / 109.70
Market Cap (₹ Cr.) 27.9
Equity (₹ Cr.) 8.6
Face Value (₹) 10
Industry PE 72.9

Management X-Ray of Steel Strips Infra:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Steel Strips Infra

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales46.013.531.891.942.340.891.111.111.22
Operating Expenses 3.194.433.803.613.293.492.302.362.112.29
Manufacturing Costs1.421.470.040.030.030.030.020.0200
Material Costs0.010.740.140000000
Employee Cost 0.430.370.800.971.021.080.860.830.560.72
Other Costs 1.331.842.822.612.232.391.421.511.551.57
Operating Profit 0.811.58-0.28-1.72-1.35-1.15-1.41-1.25-1-1.07
Operating Profit Margin (%) 20.2%26.2%-7.8%-91.1%-69.4%-49.3%-158.0%-113.0%-89.8%-87.5%
Other Income 0.632.020.720.680.050.141.820.190.040.08
Interest 0.870.571.130.990.850.750.500.460.400.33
Depreciation 0.150.120.120.080.050.040.020.020.010.01
Exceptional Items 00-0.070000000
Profit Before Tax 0.422.91-0.87-2.11-2.20-1.80-0.11-1.54-1.37-1.33
Tax 0.010.210.02-0.01000000
Profit After Tax 0.422.70-0.90-2.10-2.20-1.80-0.11-1.54-1.37-1.33
PAT Margin (%) 10.4%44.9%-25.4%-111.0%-113.0%-77.0%-12.2%-139.0%-122.0%-108.0%
Adjusted EPS (₹)0.53.1-1.0-2.4-2.5-2.1-0.1-1.8-1.6-1.5
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 9.8812.5813.5410.656.874.845.694.652.352.06
Share Capital 8.648.648.648.648.648.648.648.648.648.64
Reserves 1.243.934.892-1.77-3.80-2.96-3.99-6.29-6.58
Minority Interest0000000000
Debt3.842.978.307.346.044.845.154.423.412.04
Long Term Debt3.842.977.276.144.613.214.383.352.041
Short Term Debt001.021.201.431.630.771.071.371.04
Trade Payables0.200.220.240.240.180.300.280.300.400.05
Others Liabilities 2.093.091.732.181.773.805.487.389.4712.94
Total Liabilities 16.0118.8523.8120.4114.8513.7716.5916.7615.6417.09

Fixed Assets

Gross Block3.112.782.832.832.832.832.802.802.042.04
Accumulated Depreciation2.572.352.472.542.602.642.662.681.921.93
Net Fixed Assets0.540.430.360.280.230.190.140.130.120.11
CWIP 0000000000
Investments 3.345.257.606.694.454.145.225.884.615.99
Inventories9.138.388.248.248.248.248.248.248.248.24
Trade Receivables0.520.410.280.300.200.110.150.240.310.13
Cash Equivalents 1.040.120.743.370.760.040.700.510.290.20
Others Assets1.444.276.591.520.971.062.141.762.082.42
Total Assets 16.0118.8523.8120.4114.8513.7716.5916.7615.6417.09

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 3.531.47-3.763.42-1.010.47-0.540.821.070.95
PBT 0.362.94-0.81-2.11-2.20-1.80-0.11-1.54-1.37-1.33
Adjustment 1.090.721.161.060.900.790.530.470.410.33
Changes in Working Capital 2.99-1.35-2.995.451.142.23-0.452.342.432.27
Tax Paid -0.03-0.2700000000
Cash Flow From Investing Activity 0.05-0.05-0.05-0.040.100.010.030.030.010.01
Capex 0.060.33-0.050000.02000
Net Investments 0-0.0400000000
Others -0.01-0.340-0.040.100.010.010.020.010.01
Cash Flow From Financing Activity -2.92-2.344.47-0.76-1.71-1.201.17-1.03-1.30-1.04
Net Proceeds from Shares 02.8200000000
Net Proceeds from Borrowing 0-0.75000000-1.30-1.04
Interest Paid 0000000000
Dividend Paid 0000000000
Others -2.92-4.414.47-0.76-1.71-1.201.17-1.0300
Net Cash Flow 0.66-0.930.662.63-2.61-0.720.66-0.19-0.22-0.08
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)4.5225-6.98-17.37-25.09-30.75-2.07-29.82-38.99-60.22
ROCE (%)8.5723.191.37-5.63-8.74-9.313.86-10.89-13.04-20.33
Asset Turnover Ratio0.230.340.170.090.110.160.060.070.070.07
PAT to CFO Conversion(x)8.40.54N/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days42283556472453649065
Inventory Days8335328601,5911,5481,2863,3832,7132,7032,458
Payable Days6,9031056080000000

Steel Strips Infrastructures Ltd Stock News

Steel Strips Infrastructures Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Steel Strips Infra on 21-Nov-2024 16:59 is ₹31.98.
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 21-Nov-2024 16:59 the market cap of Steel Strips Infra stood at ₹27.87.
The latest P/E ratio of Steel Strips Infra as of 21-Nov-2024 16:59 is 0.00.
The latest P/B ratio of Steel Strips Infra as of 21-Nov-2024 16:59 is 19.04.
The 52-week high of Steel Strips Infra is ₹42.93 and the 52-week low is ₹26.10.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Steel Strips Infra is ₹1.27 ( Cr.) .

About Steel Strips Infrastructures Ltd

Steel Strips Infrastructures Ltd. was incorporated on February 23, 1973 as a private ltd. company in the name of Malwa Steel Tubes (Pvt) Ltd.promoted by R K Garg jointly with Punjab State Industrial Development Corporation (PSIDC). With substantial disinvestment of share by PSIDC in favour of R K Garg and his nominees in July 1981 it became a private sector company. The company was taken over by Steel Strips Ltd. in July 1985 and was converted into a public ltd. company on August 28, 1985 under the name Steel Strips & Tubes Ltd. During 1990-91 the company became a sick unit under the provisions of Sick Industrial Companies (Sp.Provision) Act 1985. Necessary steps were being taken to make reference to BIFR.

Business area of the comopany:

Steel Strips Infrastructures Ltd. formerly known as Steel Strips& Tubes Ltd company has promoted, developed & manages the ultra modern SAB Mall in the heart of Noida. The shopping complex which have been designed by world renowned Hafeez contractor and  the matchless elegance of its premium retail space is no small part of the breathtaking beauty of its architechture. The multi storey shopping mall offers luxury retail & has been designed as a superior platform for buyer – seller matchmaking.

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