--- title: "Stelco Strips Ltd (513530) — Share Price, Financials & Analysis" symbol: "513530" company: "Stelco Strips Ltd" canonical: "https://tapetide.com/stocks/513530" isin: "INE308D01013" bse_code: "513530" generated_at: "2026-10-13T10:58:43.862Z" --- # Stelco Strips Ltd (513530) Canonical page: https://tapetide.com/stocks/513530 ## Company - **BSE Code:** 513530 - **ISIN:** INE308D01013 - **Stock Type:** EQUITY - **Listed Since:** 2006-03-01 - **Face Value:** ₹10 - **F&O Eligible:** No - **Website:** stelcostrips.com ## About Stelco Strips Limited is an India-based company engaged in the manufacturing of Steel Strips/ Steel Sheets. The Company produces cold rolled (CR), galvanized plain (GP) and galvanized corrugated (GC) steel sheets/coils/ strips for consumers ranging from cycle industry, automobile, hardware, galvanized steel to containers and other engineering users. ## Latest Price ## Key Insights ### Strengths - Company's working capital requirements have reduced from 120 days to 85.9 days ### Weaknesses - Company has low interest coverage ratio. - The company has delivered a poor sales growth of -44.8% over past five years. ## Growth Rates | Metric | 1Y | 3Y | 5Y | | --- | --- | --- | --- | | net income growth | -171% | — | — | | revenue growth | -100% | -66% | -45% | ## Financial Statements ### Quarterly Results All figures in ₹ crore unless the row name says otherwise. | Item | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Sales | 0.21 | 0.2 | 1.03 | 7.35 | 0.39 | 0.2 | 0 | 0 | 0 | 0 | 0 | 0 | | Expenses | 0.61 | 0.51 | 3.08 | 2.81 | 0.56 | 1.42 | 0.17 | 0.09 | 0 | 0.01 | 0.01 | 0.15 | | Operating Profit | -0.4 | -0.31 | -2.05 | 4.54 | -0.17 | -1.22 | -0.17 | -0.09 | 0 | -0.01 | -0.01 | -0.15 | | OPM % | -190.48 | -155 | -199.03 | 61.77 | -43.59 | -610 | — | — | — | — | — | — | | Other Income | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0.03 | 0 | 0 | 0 | 0 | | Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | | Depreciation | 0.65 | 0.65 | 0.65 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Profit before tax | -1.05 | -0.96 | -2.6 | 4.54 | -0.17 | -1.22 | -0.17 | -0.07 | 0 | -0.01 | -0.01 | -0.15 | | Tax % | 0 | 0 | 0 | 40.75 | 0 | 0 | 0 | -2671.43 | — | 0 | 0 | 0 | | Net Profit | -1.05 | -0.96 | -2.6 | 2.7 | -0.17 | -1.22 | -0.17 | 1.8 | 0 | -0.01 | -0.01 | -0.15 | | EPS in Rs | -1.17 | -1.07 | -2.9 | 3.01 | -0.19 | -1.36 | -0.19 | 2.01 | 0 | -0.01 | -0.01 | -0.17 | ### 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 | TTM | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Sales | 140.96 | 173.77 | 183.01 | 223.29 | 216.6 | 44.26 | 8.88 | 0 | | Expenses | 133.05 | 161.65 | 167.76 | 207.71 | 216.5 | 86.83 | 12.75 | 0.17 | | Operating Profit | 7.91 | 12.12 | 15.25 | 15.58 | 0.1 | -42.57 | -3.87 | -0.17 | | OPM % | 5.61 | 6.97 | 8.33 | 6.98 | 0.05 | -96.18 | -43.58 | — | | Other Income | 0.11 | 0.19 | 0.61 | 0.17 | 0.21 | 0.14 | 1.3 | 0 | | Interest | 3.01 | 5.5 | 7.92 | 8.7 | 8.71 | 7.51 | 0.03 | 0 | | Depreciation | 0.98 | 1.74 | 1.9 | 1.98 | 2.09 | 2.29 | 2.56 | 0 | | Profit before tax | 4.03 | 5.07 | 6.04 | 5.07 | -10.49 | -52.23 | -5.16 | -0.17 | | Tax % | 10.67 | 10.65 | 16.56 | 20.71 | 0 | -0.08 | 0 | — | | Net Profit | 3.6 | 4.53 | 5.04 | 4.02 | -10.49 | -52.19 | -5.16 | -0.17 | | EPS in Rs | 4.76 | 5.99 | 5.62 | 4.48 | -11.69 | -58.15 | -5.75 | -0.19 | | Dividend Payout % | 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 2016 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Equity Capital | 7.57 | 7.57 | 8.98 | 8.98 | 8.98 | 8.98 | 8.98 | 8.98 | | Reserves | 17.14 | 21.35 | 27.58 | 31.05 | 20.31 | -32.48 | -38.16 | -42.47 | | Borrowings | 35.26 | 46 | 64.37 | 73.26 | 90.07 | 83.57 | 83.56 | 70.22 | | Other Liabilities | 20.59 | 20.7 | 21.72 | 17.34 | 3.88 | 6.63 | 4.99 | 0.12 | | Total Liabilities | 80.56 | 95.62 | 122.65 | 130.63 | 123.24 | 66.7 | 59.37 | 36.85 | | Fixed Assets | 30.41 | 33.76 | 33.49 | 33.07 | 34.05 | 39.21 | 38.49 | 33.22 | | CWIP | 0 | 0 | 0 | 0.45 | 0 | 0 | 0 | 0 | | Investments | 0.05 | 0.15 | 0.22 | 0.15 | 0.11 | 0.02 | 0 | 0 | | Other Assets | 50.1 | 61.71 | 88.94 | 96.96 | 89.08 | 27.47 | 20.88 | 3.63 | | Total Assets | 80.56 | 95.62 | 122.65 | 130.63 | 123.24 | 66.7 | 59.37 | 36.85 | ### 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 | | --- | --- | --- | --- | --- | --- | --- | --- | | Cash from Operating Activity | -0.63 | 4.61 | 1.28 | 1.74 | -12.26 | 2.3 | 2.56 | | Cash from Investing Activity | -13.06 | -5.21 | -1.69 | -1.94 | -2.57 | 0 | 0 | | Cash from Financing Activity | 14.29 | 0.7 | 2.39 | -1.61 | 13.19 | 0 | 0 | | Net Cash Flow | 0.6 | 0.1 | 1.98 | -1.81 | -1.64 | 2.3 | 2.56 | | Free Cash Flow | -13.66 | -0.5 | -0.34 | -0.27 | -14.88 | 2.3 | 2.56 | | CFO/OP | -3 | 42 | 15 | 18 | -11840 | -5 | -66 | ### Ratios | Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | | --- | --- | --- | --- | --- | --- | --- | --- | | Debtor Days | 53.11 | 43.71 | 36.24 | 56.22 | 41.94 | 102.34 | 0 | | Inventory Days | 57.45 | 77.3 | 136.08 | 103.03 | 101.51 | 28.68 | 166.95 | | Days Payable | 54.55 | 44.69 | 44.77 | 28.17 | 1.46 | 14.85 | 34.3 | | Cash Conversion Cycle | 56.02 | 76.32 | 127.56 | 131.08 | 141.99 | 116.17 | 132.64 | | Working Capital Days | 74.26 | 84.86 | 128.9 | 129.77 | 146.39 | 127 | 85.91 | | ROCE % | — | 15.67 | 15.88 | 12.86 | -1.53 | -49.87 | -10.03 | ## Shareholding Pattern ### annual | Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Promoters | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | | FIIs | 0% | 0.02% | 0% | 0% | 0% | 0% | 0.06% | 0% | 0% | 0% | | DIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | | Public | 24.99% | 24.97% | 24.99% | 24.99% | 24.99% | 24.99% | 24.92% | 24.98% | 25% | 24.99% | | No. of Shareholders | 12355 | 12976 | 12747 | 12635 | 13126 | 18445 | 21150 | 21943 | 19391 | 18011 | ### Quarterly | Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Promoters | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | | FIIs | 0.06% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | | DIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.05% | 0.01% | 0.01% | 0.01% | 0.01% | | Public | 24.92% | 24.98% | 24.99% | 24.98% | 24.98% | 24.98% | 24.98% | 24.94% | 25% | 24.99% | 25% | 24.99% | | No. of Shareholders | 21150 | 21817 | 23526 | 22947 | 21943 | 20811 | 20518 | 19797 | 19391 | 18902 | 18383 | 18011 | ## Technical Indicators Derived from daily closing prices and recomputed each trading session; values move with the market. - **Overall Signal:** Sell - **Buy / Neutral / Sell:** 4 / 6 / 9 ### Moving Averages — summary: **Strong Sell** | Indicator | Value | Signal | | --- | --- | --- | | SMA (10) | 967.39 | Sell | | EMA (10) | 961.9 | Sell | | SMA (20) | 1006.64 | Sell | | EMA (20) | 973.78 | Sell | | SMA (50) | 942.08 | Buy | | EMA (50) | 963.3 | Sell | | SMA (100) | 977.24 | Sell | | EMA (100) | 956.1 | Sell | | SMA (200) | 938.41 | Buy | | EMA (200) | 921.87 | Buy | ### Oscillators — summary: **Sell** | Indicator | Value | Signal | | --- | --- | --- | | RSI (14) | 46.27 | Neutral | | MACD (12,26,9) | -5.46 | Sell | | Stochastic (14,3,3) | 16.3 | Buy | | ADX (14) | 20.69 | Neutral | | Williams %R (14) | -65.64 | Neutral | | ATR (14) | 45.85 | High Volatility | | ROC (12) | -7.43 | Sell | | Stoch RSI (14) | 32.58 | Neutral | | UO (7,14,28) | 45.08 | Neutral | ## Filings & Documents ### Other Documents | Date | Document | | --- | --- | | 2026-02-20 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f5f82363-fa06-480a-88c1-cfc89a89662d.pdf) | | 2026-02-17 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1860f0d1-d1da-4e21-bd24-b4055a607b5e.pdf) | | 2026-02-12 | [Announcement under Regulation 30 (LODR)-Updates on Joint Venture](https://www.bseindia.com/xml-data/corpfiling/AttachHis/11aba715-b25c-4d00-a2ce-33635ff7deb2.pdf) | | 2026-01-15 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4d8a806a-cb5e-4033-a500-c83a41057011.pdf) | | 2026-01-13 | [Board Meeting Outcome for Outcome Of Board Meeting And Un-Audited Financial Results For The 3Rd Quarter Ended 31St December 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bb88ac61-e58a-45af-b326-ff328840e439.pdf) | | 2026-01-13 | [Un-Audited Financial Results For The Third Quarter Ended 31St December 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c2e7c794-304e-4a23-b329-66b26001ac0f.pdf) | | 2026-01-09 | [Board Meeting Intimation for Board Meeting Intimation For Un-Audited Financial Results For The Third Quarter Ended 31St December 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ed8042cd-64f3-4aa7-9fdc-08b721546e7e.pdf) | | 2016-09-30 | [Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ED65E06B_A7CE_4223_9550_B58C254A2D4A_171144.pdf) | | 2016-09-30 | [Outcome of AGM](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/9/ED65E06B_A7CE_4223_9550_B58C254A2D4A_171144.pdf) | | 2016-09-02 | [Fixes Book Closure for AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7C350F0C_4CBE_40E0_8B0C_19544DCC36AE_170212.pdf) | ### Annual Reports | Date | Document | | --- | --- | | 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8d24b5d1-e773-45bf-8496-9b575056e8dc.pdf) | | 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5f232afb-39ed-48fc-b489-9ca863ed8a0b.pdf) | | 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6b2dae70-d923-477e-b487-20998d715393.pdf) | | 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/522134/73103522134.pdf) | | 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/522134/69542522134_16_09_21.pdf) | | 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/522134/64783522134.pdf) | | Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/522134/5221340319.pdf) | | Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/522134/5221340318.pdf) | | Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/522134/5221340317.pdf) | | Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/522134/5221340316.pdf) | ### Credit Rating Reports | Date | Document | | --- | --- | | 2024-06-07 | Credit rating update — India Ratings | | 2023-07-11 | Credit rating update — India Ratings | | 2022-06-03 | Credit rating update — India Ratings | | 2021-05-21 | Credit rating update — India Ratings | | 2020-03-11 | Credit rating update — India Ratings | | 2019-03-13 | Credit rating update — India Ratings | --- 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 2026-10-13T10:58:43.862Z.