---
title: "Bhoruka Steel & Services Ltd (504997) — Share Price, Financials & Analysis"
symbol: "504997"
company: "Bhoruka Steel & Services Ltd"
canonical: "https://tapetide.com/stocks/504997"
isin: "INE152I01014"
bse_code: "504997"
generated_at: "2026-10-13T11:02:26.076Z"
---

# Bhoruka Steel & Services Ltd (504997)

Canonical page: https://tapetide.com/stocks/504997

## Company

- **BSE Code:** 504997
- **ISIN:** INE152I01014
- **Stock Type:** EQUITY
- **Face Value:** ₹1
- **F&O Eligible:** No

## About

Bhoruka Steel & Services Ltd. is mainly engaged in manufacturing and selling of steel products.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of 0.09% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | -138% | — |
| revenue growth | 34% | 10% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.34 | 1.73 | 0.92 | 3.8 | 4.42 | 5.59 | 6.73 | 8.66 | 12.21 |
| Expenses | 0.45 | 1.25 | 0.49 | 3.46 | 3.09 | 4.65 | 6.17 | 7.55 | 11.4 |
| Operating Profit | -0.11 | 0.48 | 0.43 | 0.34 | 1.33 | 0.94 | 0.56 | 1.11 | 0.81 |
| OPM % | -32.35 | 27.75 | 46.74 | 8.95 | 30.09 | 16.82 | 8.32 | 12.82 | 6.63 |
| Other Income | 0 | 0 | 0 | 0.27 | 0.02 | 0.11 | 0.25 | 0.02 | 0.01 |
| Interest | 0.08 | 0.11 | 0.34 | 0.11 | 0.31 | 0.53 | 0 | 0.32 | 0.34 |
| Depreciation | 0.04 | 0.05 | 0.06 | 0.06 | 0.06 | 0.07 | 0.32 | 0.09 | 0.07 |
| Profit before tax | -0.23 | 0.32 | 0.03 | 0.44 | 0.98 | 0.45 | 0.49 | 0.72 | 0.41 |
| Tax % | 0 | 15.62 | 33.33 | 22.73 | 25.51 | 24.44 | 0 | 43.06 | 29.27 |
| Net Profit | -0.23 | 0.28 | 0.02 | 0.33 | 0.73 | 0.34 | 0.48 | 0.41 | 0.29 |
| EPS in Rs | -2.3 | 0.66 | 0.03 | 0.53 | 1.17 | 0.54 | 0.77 | 0.66 | 0.46 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- | --- |
| Sales | 15.72 | 9.44 | 15.63 | 21.02 |
| Expenses | 15.05 | 15.4 | 13.74 | 20 |
| Operating Profit | 0.67 | -5.96 | 1.89 | 1.02 |
| OPM % | 4.26 | -63.14 | 12.09 | 4.85 |
| Other Income | 1.32 | 12.22 | 1.07 | 0.38 |
| Interest | 0.3 | 0.08 | 0.28 | 0.71 |
| Depreciation | 0.66 | 0.64 | 0.94 | 1.32 |
| Profit before tax | 1.03 | 5.54 | 1.74 | -0.63 |
| Tax % | 28.16 | 13.9 | 47.7 | -30.16 |
| Net Profit | 0.74 | 4.77 | 0.91 | -0.44 |
| EPS in Rs | 0.56 | 3.58 | 0.68 | -0.33 |
| Dividend Payout % | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- | --- |
| Equity Capital | 1.33 | 1.33 | 1.33 | 1.33 |
| Reserves | 1.77 | 6.54 | 7.45 | 7.01 |
| Borrowings | 0.97 | 0.32 | 5.26 | 5.15 |
| Other Liabilities | 8.3 | 6.47 | 11.22 | 12.53 |
| Total Liabilities | 12.37 | 14.66 | 25.26 | 26.02 |
| Fixed Assets | 8.37 | 8.09 | 15.45 | 14.43 |
| CWIP | 0.02 | 2.21 | 0 | 0 |
| Investments | 0.05 | 0.11 | 0.05 | 0.01 |
| Other Assets | 3.93 | 4.25 | 9.76 | 11.58 |
| Total Assets | 12.37 | 14.66 | 25.26 | 26.02 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | 5.95 | -4.13 | 2.01 | 2.95 |
| Cash from Investing Activity | -5.19 | 3.92 | -4.37 | 0.09 |
| Cash from Financing Activity | -0.24 | -0.33 | 4.65 | -0.6 |
| Net Cash Flow | 0.52 | -0.54 | 2.29 | 2.44 |
| Free Cash Flow | 0.8 | -0.17 | -3.14 | 2.47 |
| CFO/OP | 928 | 57 | 106 | 289 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- | --- |
| Debtor Days | 37.85 | 73.85 | 79.87 | 95.16 |
| Inventory Days | 89.8 | — | — | 168 |
| Days Payable | 547.5 | — | — | 1209 |
| Cash Conversion Cycle | -419.85 | 73.85 | 79.87 | -945.84 |
| Working Capital Days | -123.29 | -99.37 | -63.52 | -18.93 |
| ROCE % | — | -5.87 | 15.92 | 1.67 |

## Shareholding Pattern

### annual

| Category | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- | --- |
| Promoters | 72.07% | 72.07% | 59.9% | 58.89% |
| DIIs | 0.51% | 0% | 0.29% | 0.14% |
| Public | 27.42% | 27.93% | 39.82% | 40.97% |
| No. of Shareholders | 131 | 312 | 415 | 446 |

### Quarterly

| Category | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 72.07% | 72.07% | 72.07% | 72.07% | 67.9% | 59.9% | 58.89% |
| DIIs | 1.41% | 0.51% | 0% | 0% | 0.26% | 0.29% | 0.14% |
| Public | 26.53% | 27.42% | 27.93% | 27.93% | 31.84% | 39.82% | 40.97% |
| No. of Shareholders | 196 | 131 | 188 | 312 | 342 | 415 | 446 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 2 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1955.99 | Sell |
| EMA (10) | 1940.28 | Sell |
| SMA (20) | 2043.17 | Sell |
| EMA (20) | 2002.2 | Sell |
| SMA (50) | 2092.68 | Sell |
| EMA (50) | 2059.58 | Sell |
| SMA (100) | 2076.7 | Sell |
| EMA (100) | 2088.94 | Sell |
| SMA (200) | 2153.99 | Sell |
| EMA (200) | 2082.57 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 26.89 | Buy |
| MACD (12,26,9) | -65.72 | Sell |
| Stochastic (14,3,3) | 8.46 | Buy |
| ADX (14) | 29.99 | Buy |
| Williams %R (14) | -91.54 | Buy |
| ATR (14) | 57.23 | High Volatility |
| ROC (12) | -11.39 | Sell |
| Stoch RSI (14) | 6.46 | Buy |
| UO (7,14,28) | 40.18 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-01-27 | [Announcement Under Regulation 30 (LODR)](https://www.bseindia.com/xml-data/corpfiling/AttachHis/76205ed7-8111-4e3b-bdd3-ea5dc57dac05.pdf) |
| 2025-11-27 | [General - Updates](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dd0f9074-e17f-47de-9f31-f1c687146340.pdf) |
| 2025-11-26 | [Announcement Under Regulation 30 Of SEBI (LODR)](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6b9b0915-ed3e-45a7-87c6-33ed12d7abf1.pdf) |
| 2025-11-26 | [Announcement Under Regulation 30 Of SEBI (LODR)](https://www.bseindia.com/xml-data/corpfiling/AttachHis/236842c0-ee96-4fe3-9b3f-f54525ba28b0.pdf) |
| 2025-11-19 | [Announcement Under Regulation 30 (LODR)](https://www.bseindia.com/xml-data/corpfiling/AttachHis/00a4083e-ab83-48ca-ac0f-9b9471d8acfe.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4c0aed97-f433-4a61-95c6-0a828085828b.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3a56302b-7bd8-4af2-b7fb-ed31ecb07409.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/80b9f07e-10c9-436a-8b4b-a95db7883a39.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:02:26.076Z.