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SAL Steels share price

SAL Steel Ltd.

NSE: SALSTEEL BSE: 532604 SECTOR: Steel/Sponge Iron/Pig Iron  27k   58   3

22.61
-0.46 (-1.99%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 22.61

Today's Low

₹ 22.61

52 Week High

₹ 30.57

52 Week Low

₹ 12.89

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

192.11 Cr.

Enterprise Value

316.21 Cr.

No. of Shares

8.5 Cr.

P/E

0

P/B

4.89

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  4.62

CASH

0.9 Cr.

DEBT

125 Cr.

Promoter Holding

50.56 %

EPS (TTM)

₹  -0.28

Sales Growth

-1.89%

ROE

8.94 %

ROCE

8.12%

Profit Growth

-69.28 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-1.89%
3 Year6.72%
5 Year2.13%

Profit Growth

1 Year-69.28%
3 Year-39.32%
5 Year-39.12%

ROE%

1 Year8.94%
3 Year33.92%
5 Year22.67%

ROCE %

1 Year8.12%
3 Year8.41%
5 Year5.32%

Debt/Equity

3.0098

Price to Cash Flow

22.99

Interest Cover Ratio

1.70634585619811

CFO/PAT (5 Yr. Avg.)

4.96054638381694

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 50.56 45.39
Sep 2023 50.56 45.39
Jun 2023 50.56 74.96
Mar 2023 50.56 74.96
Dec 2022 50.56 74.96
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has been maintaining healthy ROE of 33.9169427468242% over the past 3 years.
  • The company has an efficient Cash Conversion Cycle of 48.181788528359 days.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 3.86666072035347.

 Limitations

  • The company has shown a poor profit growth of -39.3176907255501% for the Past 3 years.
  • The company has shown a poor revenue growth of 6.72143501458704% for the Past 3 years.
  • Company has high Debt to Equity ratio of 3.0098.
  • The company has a low EBITDA margin of -0.390638725595201% over the past 5 years.
  • Promoter pledging is high as 45.39%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 141.76 112.31 153.64 157 129.53
Total Expenditure 134.45 106.52 148 151.23 127.26
Operating Profit 7.31 5.79 5.64 5.77 2.27
Other Income 0 0 0 0 0
Interest 3.85 3.3 3.14 3.2 3.22
Depreciation 2.38 2.39 2.38 2.4 2.38
Exceptional Items 0 0 0 0 0
Profit Before Tax 1.08 0.1 0.12 0.17 -3.33
Tax 0.26 0.22 0.02 0.03 -0.85
Profit After Tax 0.82 -0.12 0.1 0.14 -2.48
Adjusted EPS (Rs) 0.1 -0.01 0.01 0.02 -0.29

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 574.35 407.84 300.9 505.27 495.73
Total Expenditure 565.03 426.04 301.2 508.94 487.25
Operating Profit 9.33 -18.2 -0.3 -3.67 8.48
Other Income 1.34 44.3 21.97 29.26 14.4
Interest 1.5 1.51 0.24 0.19 7.82
Depreciation 7.8 7.52 9.02 9.16 9.54
Exceptional Items -20.01 0 0 0 0
Profit Before Tax -18.65 17.06 12.42 16.24 5.52
Tax 2.95 1.19 0.87 4.69 1.98
Net Profit -21.6 15.87 11.55 11.54 3.55
Adjusted EPS (Rs.) -2.54 1.87 1.36 1.36 0.42

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 84.97 84.97 84.97 84.97 84.97
Total Reserves -86.22 -70.41 -58.8 -47.13 -43.44
Borrowings 160.07 145.63 123.97 0 125
Other N/C liabilities 21.88 23.39 21.91 22.27 20.69
Current liabilities 102.15 130.22 123.23 230.65 89.53
Total Liabilities 282.85 313.8 295.27 290.76 276.75
Assets
Net Block 125.56 118.04 154.96 145.88 136.34
Capital WIP 10.77 46.06 1.01 1.01 3.19
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 7.42 7.76 8.39 9.39 3.25
Other N/C Assets 0 0 0 0 0
Current Assets 139.09 141.93 130.91 134.49 133.97
Total Assets 282.85 313.8 295.27 290.76 276.75
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations -18.65 17.06 12.42 16.24 5.52
Adjustment 9.21 8.97 9.2 9.19 17.29
Changes in Assets & Liabilities 5.31 27.63 4.17 1.33 -12.17
Tax Paid 0 0 -2.29 -4.41 -2.29
Operating Cash Flow -4.12 53.66 23.5 22.35 8.36
Investing Cash Flow 8.42 -35.23 -0.83 0.08 -2.12
Financing Cash Flow -6.46 -18.07 -21.96 -22.12 -6.97
Net Cash Flow -2.16 0.36 0.71 0.32 -0.74

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 50.56 50.56 50.56 50.56 50.56
sal care private limited 14.95 14.95 14.95 14.95 14.95
shah alloys limited 35.61 35.61 35.61 35.61 35.61
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 49.44 49.44 49.44 49.44 49.44
anita jaideep sampat - - 1.07 - 1.50
bhavesh dhireshbhai shah 1.08 1.08 1.08 - 1.08
jaideep narendra sampat - 1.32 - - 1.56
malti narendra sampat - 1.00 1.06 - 1.36
bharat nre coke limited - - - 1.52 -
bharate nre coke ltd - - 1.69 - -
jaideep sampat 1.28 - 1.36 - -
gujarat nre mineral resou... 1.70 1.70 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

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SAL Steels Stock Price Analysis and Quick Research Report. Is SAL Steels an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). SAL Steels has a PE ratio of -81.7134629229662 which is low and comparatively undervalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. SAL Steels has ROA of 1.24972754057729 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. SAL Steels has a Current ratio of 1.4962628889008 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. SAL Steels has a ROE of 8.93607263362405 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. SAL Steels has a D/E ratio of 3.0098 which means that the company has high proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. SAL Steels has an Inventory turnover ratio of 9.23622427211057 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - SAL Steels has reported revenue growth of -1.88854828006397 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of SAL Steels for the current financial year is 1.71061066783611 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for SAL Steels is Rs 0 and the yield is 0 %.

Last Updated on:
Brief about SAL Steels
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