---
title: "Marmagoa Steel Ltd (513355) — Share Price, Financials & Analysis"
symbol: "513355"
company: "Marmagoa Steel Ltd"
canonical: "https://tapetide.com/stocks/513355"
isin: "INE698E01023"
bse_code: "513355"
sector: "Industrials"
industry: "Industrial Products"
generated_at: "2026-09-13T19:16:00.499Z"
---

# Marmagoa Steel Ltd (513355)

Canonical page: https://tapetide.com/stocks/513355

## Company

- **BSE Code:** 513355
- **ISIN:** INE698E01023
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** marmagoasteel.com

## About

Marmagoa Steel is engaged in the business of manufacturing of special steel. The Company is involved in the manufacture and sale of special steel billets, rounds, hexagons and spring steel flats for automobile and railway applications.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 41% | 23% | 3% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 19.21 | 0.26 | 0.27 | 0.24 | 0.27 | 0.2 | 0.15 | 2.09 | 1.58 | 0.33 | 0.13 | 0 |
| Operating Profit | -19.21 | -0.26 | -0.27 | -0.24 | -0.27 | -0.2 | -0.15 | -2.09 | -1.58 | -0.33 | -0.13 | 0 |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0.7 | 0 | -4.05 | 0 | 0 | 0 | -28.4 | -0.48 | 0 | 0 | -27.6 | -0.48 |
| Interest | 0 | 4.57 | 0.51 | 0 | 0 | 0 | 0.6 | 0.71 | 0.17 | 0.18 | 0.6 | 0.2 |
| Depreciation | 0.54 | 0.58 | 0.54 | 0.57 | 0.57 | 0.56 | 0.34 | 2.01 | 0.51 | 0.5 | 0.18 | 0.5 |
| Profit before tax | -19.05 | -5.41 | -5.37 | -0.81 | -0.84 | -0.76 | -29.49 | -5.29 | -2.26 | -1.01 | -28.51 | -1.18 |
| Tax % | -2.2 | 0 | -16.95 | 0 | 0 | 0 | -0.95 | -14.93 | 0 | 0 | -0.98 | -67.8 |
| Net Profit | -18.63 | -5.41 | -4.46 | -0.81 | -0.84 | -0.76 | -29.21 | -4.5 | -2.26 | -1.01 | -28.23 | -0.38 |
| EPS in Rs | -3.06 | -0.89 | -0.73 | -0.13 | -0.14 | -0.12 | -4.79 | -0.74 | -0.37 | -0.17 | -4.63 | -0.06 |

### Profit & Loss

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

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 181 | 162 | 148 | 185 | 161 | 56 | 4 | 0 | 0 | 0 |
| Expenses | 174 | 163 | 155 | 179 | 160 | 72 | 11 | 41 | 3 | 2 |
| Operating Profit | 7 | -1 | -6 | 6 | 1 | -16 | -7 | -41 | -3 | -2 |
| OPM % | 3.7 | -0.4 | -4.1 | 3.5 | 0.4 | -30 | -175 | — | — | — |
| Other Income | 8 | 3 | 0 | 1 | 0 | 1 | -16 | 12 | 0 | -28 |
| Interest | 6 | 7 | 8 | 9 | 10 | 10 | 12 | 1 | 1 | 1 |
| Depreciation | 2 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 6 | -8 | -16 | -5 | -12 | -29 | -37 | -32 | -5 | -33 |
| Tax % | 22 | -18 | 0 | 16 | -9 | -4 | -4 | -1 | -15 | — |
| Net Profit | 5 | -6 | -16 | -5 | -11 | -27 | -36 | -32 | -4 | -32 |
| EPS in Rs | 0.83 | -1.05 | -2.68 | -0.89 | -1.84 | -4.51 | -5.93 | -5.19 | -0.74 | -5.23 |
| 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 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | 31 | 36 | 30 | 13 | 8 | -3 | -31 | -67 | -100 | -105 |
| Borrowings | 14 | 21 | 16 | 21 | 15 | 32 | 71 | 95 | 85 | 86 |
| Other Liabilities | 51 | 41 | 44 | 56 | 77 | 72 | 57 | 56 | 45 | 47 |
| Total Liabilities | 102 | 104 | 95 | 97 | 106 | 107 | 104 | 91 | 36 | 34 |
| Fixed Assets | 25 | 32 | 30 | 28 | 26 | 24 | 21 | 19 | 15 | 13 |
| CWIP | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 76 | 71 | 65 | 69 | 79 | 83 | 82 | 72 | 21 | 21 |
| Total Assets | 102 | 104 | 95 | 97 | 106 | 107 | 104 | 91 | 36 | 34 |

### Cash Flow

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

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 9 | 7 | 5 | 0 | 10 | -11 | -34 | -19 | 11 | 0 |
| Cash from Investing Activity | -8 | -8 | 0 | 0 | -1 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | 0 | 4 | -8 | 2 | -11 | 11 | 33 | 15 | -11 | 0 |
| Net Cash Flow | 1 | 2 | -3 | 2 | -2 | 0 | -1 | -3 | 0 | 0 |
| Free Cash Flow | 0 | -1 | 4 | 0 | 9 | -11 | -34 | -19 | 11 | 0 |
| CFO/OP | 244 | 120 | -606 | -6 | 172 | -2103 | 210 | 293 | -25 | 26 |

### Ratios

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 48 | 41 | 26 | 29 | 36 | 45 | 130 | 1987 | — | — |
| Inventory Days | 141 | 83 | 79 | 73 | 66 | 48 | 102 | 432 | — | — |
| Days Payable | 119 | 90 | 97 | 117 | 162 | 159 | 263 | 1866 | — | — |
| Cash Conversion Cycle | 70 | 33 | 8 | -15 | -60 | -65 | -31 | 554 | — | — |
| Working Capital Days | 53 | 54 | 45 | 23 | -2 | -24 | -74 | -3668 | — | — |
| ROCE % | 9 | 15 | -3 | -18 | 13 | -6 | -46 | -22 | -246 | — |

## 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 / 4 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 203.24 | Sell |
| EMA (10) | 201.1 | Sell |
| SMA (20) | 213.07 | Sell |
| EMA (20) | 206.17 | Sell |
| SMA (50) | 206.09 | Sell |
| EMA (50) | 206.98 | Sell |
| SMA (100) | 205.78 | Sell |
| EMA (100) | 208.83 | Sell |
| SMA (200) | 221.57 | Sell |
| EMA (200) | 212.24 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 36.72 | Neutral |
| MACD (12,26,9) | -4.18 | Sell |
| Stochastic (14,3,3) | 14.97 | Buy |
| ADX (14) | 26.64 | Buy |
| Williams %R (14) | -77.91 | Neutral |
| ATR (14) | 8.62 | High Volatility |
| ROC (12) | -11.88 | Sell |
| Stoch RSI (14) | 17.53 | Buy |
| UO (7,14,28) | 44.37 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2021-02-23 | [Intimation about commencement of liquidation of Marmagoa Steel Limited](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=C09FE82E-F135-4FE1-BF35-A87543AA01E4-112632.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 23 Aug 2016 - Marmagoa Steel Ltd has informed BSE about the Shareholding Pattern as on September 30, 2015. | [Shareholding Pattern For September 30, 2015 23 Aug 2016 - Marmagoa Steel Ltd has informed BSE about the Shareholding Pattern as on September 30, 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=800F35A8_9E36_4684_A22A_F38AC740BF4C_164158.pdf) |
| 23 Aug 2016 - Marmagoa Steel Ltd has informed BSE about the Shareholding Pattern as on September 30, 2015. | [Shareholding Pattern For September 30, 2015 23 Aug 2016 - Marmagoa Steel Ltd has informed BSE about the Shareholding Pattern as on September 30, 2015.](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/8/800F35A8_9E36_4684_A22A_F38AC740BF4C_164158.pdf) |
| 23 Aug 2016 - Marmagoa Steel Ltd has informed BSE about the Shareholding Pattern as on June 30, 2015. | [Shareholding Pattern For June 30, 2015 23 Aug 2016 - Marmagoa Steel Ltd has informed BSE about the Shareholding Pattern as on June 30, 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=990C9639_AA7F_4880_B43D_C8A864CA588D_163951.pdf) |
| 23 Aug 2016 - Marmagoa Steel Ltd has informed BSE about the Shareholding Pattern as on June 30, 2015. | [Shareholding Pattern For June 30, 2015 23 Aug 2016 - Marmagoa Steel Ltd has informed BSE about the Shareholding Pattern as on June 30, 2015.](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/8/990C9639_AA7F_4880_B43D_C8A864CA588D_163951.pdf) |
| 23 Aug 2016 - Marmagoa Steel Ltd has informed BSE about the Shareholding Pattern as on December 31, 2014 | [Shareholding Pattern For December 31, 2014 23 Aug 2016 - Marmagoa Steel Ltd has informed BSE about the Shareholding Pattern as on December 31, 2014](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=15FBE683_52C1_4720_96EA_1872C8991308_163440.pdf) |
| 23 Aug 2016 - Marmagoa Steel Ltd has informed BSE about the Shareholding Pattern as on December 31, 2014 | [Shareholding Pattern For December 31, 2014 23 Aug 2016 - Marmagoa Steel Ltd has informed BSE about the Shareholding Pattern as on December 31, 2014](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/8/15FBE683_52C1_4720_96EA_1872C8991308_163440.pdf) |
| — | [Intimation about commencement of liquidation of Marmagoa Steel Limited 23 Feb 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/C09FE82E-F135-4FE1-BF35-A87543AA01E4-112632.pdf) |
| — | [Standalone Financial Results for March 31, 2016 12 Aug 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=440473AE_7D7C_4995_A6EF_FEB1016F0B93_162356.pdf) |
| — | [Standalone Financial Results for March 31, 2016 12 Aug 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/8/440473AE_7D7C_4995_A6EF_FEB1016F0B93_162356.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 2026-09-13T19:16:00.499Z.