---
title: "Mukesh Steels Ltd (513265) — Share Price, Financials & Analysis"
symbol: "513265"
company: "Mukesh Steels Ltd"
canonical: "https://tapetide.com/stocks/513265"
isin: "INE953G01019"
bse_code: "513265"
generated_at: "2026-10-13T10:59:17.355Z"
---

# Mukesh Steels Ltd (513265)

Canonical page: https://tapetide.com/stocks/513265

## Company

- **BSE Code:** 513265
- **ISIN:** INE953G01019
- **Stock Type:** EQUITY
- **Listed Since:** 2006-10-31
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Mukesh Steels Ltd. is one of the largest importers, stock holders, and suppliers of stainless steel, sheet, plates, tubes, pipes, rods, wires, flats, structural, fittings, flanges etc.,

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -1.22% over past five years.
- Company has a low return on equity of 1.69% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -7% | -34% | -21% |
| revenue growth | -62% | 1% | -1% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 26.03 | 10.66 | 11.69 | 1.67 | 1.89 | 1.33 | 0 | 0.3 | 0.54 | 0.51 | 0.3 | 0 |
| Expenses | 27.23 | 10.61 | 14.79 | 1.9 | 2.03 | 1.66 | 0.07 | 0.54 | 4.84 | 0.54 | 0.44 | 0.03 |
| Operating Profit | -1.2 | 0.05 | -3.1 | -0.23 | -0.14 | -0.33 | -0.07 | -0.24 | -4.3 | -0.03 | -0.14 | -0.03 |
| OPM % | -4.61 | 0.47 | -26.52 | -13.77 | -7.41 | -24.81 | — | -80 | -796.3 | -5.88 | -46.67 | — |
| Other Income | 1.42 | 0.1 | 0 | 0.75 | 0.01 | 0 | 0.03 | 0 | 0.08 | 0.01 | 0.01 | 0 |
| Interest | 0.38 | 0.33 | 0.59 | 0.55 | 0.95 | 0.82 | 0.83 | 0.83 | 0.47 | 0 | 0 | 0 |
| Depreciation | 0.05 | 0.06 | 0.45 | 0.1 | 0.1 | 0.09 | 0.09 | 0.09 | 0.09 | 0.02 | 0.02 | 0.02 |
| Profit before tax | -0.21 | -0.24 | -4.14 | -0.13 | -1.18 | -1.24 | -0.96 | -1.16 | -4.78 | -0.04 | -0.15 | -0.05 |
| Tax % | -38.1 | 0 | -2.17 | -38.46 | 15.25 | -1.61 | -2.08 | -1.72 | -0.84 | 0 | 0 | 0 |
| Net Profit | -0.13 | -0.24 | -4.05 | -0.08 | -1.36 | -1.23 | -0.95 | -1.14 | -4.75 | -0.04 | -0.15 | -0.05 |
| EPS in Rs | -0.2 | -0.37 | -6.17 | -0.12 | -2.07 | -1.87 | -1.45 | -1.74 | -7.23 | -0.06 | -0.23 | -0.08 |

### Profit & Loss

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 55.1 | 57.33 | 60.67 | 71.11 | 52.49 | 65.73 | 75.79 | 70.45 | 66.87 | 1.35 |
| Expenses | 54.41 | 56.37 | 58.86 | 69.73 | 51.74 | 64.3 | 73.71 | 68.32 | 66.33 | 5.85 |
| Operating Profit | 0.69 | 0.96 | 1.81 | 1.38 | 0.75 | 1.43 | 2.08 | 2.13 | 0.54 | -4.5 |
| OPM % | 1.25 | 1.67 | 2.98 | 1.94 | 1.43 | 2.18 | 2.74 | 3.02 | 0.81 | -333.33 |
| Other Income | 0.19 | 0.2 | 0.6 | 0.4 | 0.93 | 0.51 | 0.41 | 0.62 | 1.46 | 0.1 |
| Interest | 0.38 | 0.56 | 0.9 | 1.27 | 1.08 | 1.25 | 1.95 | 2.03 | 1.73 | 0.47 |
| Depreciation | 0.11 | 0.12 | 0.13 | 0.15 | 0.14 | 0.43 | 0.17 | 0.27 | 0.25 | 0.15 |
| Profit before tax | 0.39 | 0.48 | 1.38 | 0.36 | 0.46 | 0.26 | 0.37 | 0.45 | 0.02 | -5.02 |
| Tax % | 38.46 | 37.5 | 33.33 | 47.22 | 28.26 | 34.62 | 32.43 | 37.78 | -150 | — |
| Net Profit | 0.24 | 0.3 | 0.92 | 0.19 | 0.33 | 0.17 | 0.25 | 0.29 | 0.05 | -4.99 |
| EPS in Rs | — | — | 1.4 | 0.29 | 0.5 | 0.26 | 0.38 | 0.44 | 0.08 | -7.6 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 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 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 2.19 | 2.19 | 2.19 | 6.17 | 6.17 | 6.18 | 6.48 | 6.48 | 6.48 |
| Reserves | 2.96 | 3.26 | 4.13 | 4.32 | 4.65 | 4.82 | 5.07 | 5.36 | 5.41 |
| Borrowings | 2.33 | 1.8 | 4.73 | 1.36 | 6.14 | 11.32 | 6.9 | 18.54 | 15.24 |
| Other Liabilities | 6.09 | 8.71 | 12.09 | 13.01 | 17.19 | 19.7 | 16.01 | 15.27 | 14.89 |
| Total Liabilities | 13.57 | 15.96 | 23.14 | 24.86 | 34.15 | 42.02 | 34.46 | 45.65 | 42.02 |
| Fixed Assets | 1.96 | 2.08 | 2.19 | 2.46 | 2.5 | 2.48 | 2.36 | 3.99 | 3.6 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 1.5 | 0 | 0 |
| Investments | 0.32 | 0.35 | 0.38 | 3.37 | 0.37 | 0.41 | 0.41 | 0.4 | 0.7 |
| Other Assets | 11.29 | 13.53 | 20.57 | 19.03 | 31.28 | 39.13 | 30.19 | 41.26 | 37.72 |
| Total Assets | 13.57 | 15.96 | 23.14 | 24.86 | 34.15 | 42.02 | 34.46 | 45.65 | 42.02 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.19 | 1.7 | — | 3.06 | -6.8 | -3.95 | — | — | — |
| Cash from Investing Activity | -0.21 | -0.2 | — | -3.27 | 3 | -0.15 | — | — | — |
| Cash from Financing Activity | -1.22 | -1.48 | — | -0.17 | 4.09 | 4.29 | — | — | — |
| Net Cash Flow | -1.24 | 0.02 | — | -0.38 | 0.29 | 0.19 | — | — | — |
| Free Cash Flow | -0.07 | 1.47 | — | 2.69 | -6.99 | -4.36 | — | — | — |
| CFO/OP | 51 | 204 | — | 253 | -892 | -268 | — | — | — |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 34.91 | 42.72 | 55.17 | 39.11 | 76.7 | 126.89 | 74.36 | 123.98 | 128.93 |
| Inventory Days | 33.82 | 33.25 | 55.73 | 23.19 | 118.76 | 43.76 | 49.42 | 57.2 | 47.65 |
| Days Payable | 28.5 | 50.88 | 72.87 | 59.54 | 136.83 | 106.76 | 85.9 | 78.29 | 78.02 |
| Cash Conversion Cycle | 40.23 | 25.09 | 38.02 | 2.76 | 58.63 | 63.88 | 37.88 | 102.89 | 98.55 |
| Working Capital Days | 35.97 | 32.02 | 46.02 | 28.59 | 92.9 | 102.34 | 53.7 | 121.55 | 110.15 |
| ROCE % | — | 14.12 | 23.39 | 13.8 | 10 | 7.69 | 11.38 | 10.16 | 6.09 |

## Shareholding Pattern

### annual

| Category | Dec 2016 |
| --- | --- |
| Promoters | 64.27% |
| Public | 35.73% |
| No. of Shareholders | 5763 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 |
| --- | --- | --- | --- |
| Promoters | 54.42% | 54.42% | 64.27% |
| Public | 45.58% | 45.58% | 35.73% |
| No. of Shareholders | 5767 | 5762 | 5763 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 6 / 10

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 79.83 | Buy |
| EMA (10) | 80 | Buy |
| SMA (20) | 82.65 | Sell |
| EMA (20) | 81.53 | Sell |
| SMA (50) | 84.54 | Sell |
| EMA (50) | 84.5 | Sell |
| SMA (100) | 89.14 | Sell |
| EMA (100) | 89.2 | Sell |
| SMA (200) | 99.7 | Sell |
| EMA (200) | 98.28 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 44.24 | Neutral |
| MACD (12,26,9) | -1.83 | Sell |
| Stochastic (14,3,3) | 26.02 | Neutral |
| ADX (14) | 29.97 | Buy |
| Williams %R (14) | -53.18 | Neutral |
| ATR (14) | 2.56 | High Volatility |
| ROC (12) | -4.37 | Sell |
| Stoch RSI (14) | 69.24 | Neutral |
| UO (7,14,28) | 49.32 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-13 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/APOLSINHOT_13022026165638_NewspaperpublicationDec2025.pdf) |
| 2026-02-12 | [General Updates](https://nsearchives.nseindia.com/corporate/APOLSINHOT_12022026121732_MaterialSubsidiaryIntimation120225.pdf) |
| 2026-02-12 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/APOLSINHOT_12022026153809_Outcome_of_BM.pdf) |
| 2026-02-12 | [Resignation](https://nsearchives.nseindia.com/corporate/APOLSINHOT_12022026154505_Outcome_of_BM.pdf) |
| 2026-02-11 | [Resignation](https://nsearchives.nseindia.com/corporate/APOLSINHOT_11022026190542_Resignation_of_CEO.pdf) |
| 2017-05-13 | [Board Meeting As On 30.05.2017 And Closure Of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=09c5b9ff-5f8b-4d21-809e-44682ed921e6.pdf) |
| 2017-05-13 | [Board Meeting As On 30.05.2017 And Closure Of Trading Window](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/5/09c5b9ff-5f8b-4d21-809e-44682ed921e6.pdf) |
| 2017-02-14 | [Standalone Financial Results, Limited Review Report for December 31, 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=F236F1A1_8DC7_49FB_8139_723B18C07923_122132.pdf) |
| 2017-02-14 | [Standalone Financial Results, Limited Review Report for December 31, 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/2/F236F1A1_8DC7_49FB_8139_723B18C07923_122132.pdf) |
| 2017-02-04 | [Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended December 31, 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=A0908B20_6C17_4626_BC23_E7CE553561E5_110944.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://archives.nseindia.com/annual_reports/AR_28264_APOLSINHOT_2024_2025_A_4218287_03092025143855.pdf) |
| 2024 | [Financial Year 2024](https://archives.nseindia.com/annual_reports/AR_25434_APOLSINHOT_2023_2024_02092024171111.pdf) |
| 2023 | [Financial Year 2023](https://archives.nseindia.com/annual_reports/AR_23369_APOLSINHOT_2022_2023_04092023161044_09042023170027.zip) |
| 2022 | [Financial Year 2022](https://archives.nseindia.com/annual_reports/AR_21385_APOLSINHOT_2021_2022_05092022180938_09052022190011.zip) |
| 2021 | [Financial Year 2021](https://archives.nseindia.com/annual_reports/AR_19370_APOLSINHOT_2020_2021_04092021175712_09042021180021.zip) |
| 2020 | [Financial Year 2020](https://archives.nseindia.com/annual_reports/AR_17689_APOLSINHOT_2019_2020_11092020182502_11092020190003.zip) |
| 2019 | [Financial Year 2019](https://archives.nseindia.com/annual_reports/AR_14806_APOLSINHOT_2018_2019_10072019145655_10072019150008.zip) |
| 2018 | [Financial Year 2018](https://archives.nseindia.com/annual_reports/AR_13011_APOLSINHOT_2017_2018_13082018153555.zip) |
| 2017 | [Financial Year 2017](https://archives.nseindia.com/annual_reports/AR_10837_APOLSINHOT_2016_2017_25072017130259.zip) |
| 2016 | [Financial Year 2016](https://archives.nseindia.com/annual_reports/AR_10176_APOLSINHOT_2015_2016_04102016124214.zip) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/APOLSINHOT_13112025144757_Intimation_of_Investor_Presentation_ASHL30092025_Signed.pdf) |
| Sep 2025 | [Concall - Sep 2025](https://nsearchives.nseindia.com/corporate/APOLSINHOT_18092025074139_AGMInvestorpresentation2025.pdf) |
| Sep 2024 | [Concall - Sep 2024](https://nsearchives.nseindia.com/corporate/APOLSINHOT_23092024190140_Investorpresentation2024.pdf) |
| Sep 2023 | [Concall - Sep 2023](https://nsearchives.nseindia.com/corporate/APOLSINHOT_28092023140503_InvestorPresentation31032023NSE.pdf) |
| Sep 2022 | [Concall - Sep 2022](https://archives.nseindia.com/corporate/APOLSINHOT_28092022141806_InvestorPresentation_31.03.2022_NSE.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 2026-10-13T10:59:17.355Z.