---
title: "Real Strips Ltd (513558) — Share Price, Financials & Analysis"
symbol: "513558"
company: "Real Strips Ltd"
canonical: "https://tapetide.com/stocks/513558"
isin: "INE183B01014"
bse_code: "513558"
sector: "Industrials"
industry: "Industrial Products"
generated_at: "2026-09-13T19:38:31.762Z"
---

# Real Strips Ltd (513558)

Canonical page: https://tapetide.com/stocks/513558

## Company

- **BSE Code:** 513558
- **ISIN:** INE183B01014
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-01
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** realstrips.com

## About

Real Strips Ltd is primarily engaged in the business of manufacturing and Job-work of Cold rolled stainless strips/coils. [1]

## Latest Price

- **Price:** ₹8.6
- **Change:** 0 (0%)
- **Open:** ₹8.6
- **Day High:** ₹8.6
- **Day Low:** ₹8.6
- **Previous Close:** ₹8.6
- **Volume:** 0
- **As Of:** 2022-03-21T04:40:00+00:00

## Key Insights

### Strengths

- Company is expected to give good quarter
- Debtor days have improved from 48.2 to 27.3 days.
- Company's working capital requirements have reduced from 48.2 days to 24.0 days

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -8.64% over past five years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | — | 19% | 5% |
| revenue growth | 61% | -2% | -9% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 34.75 | 26.33 | 25.37 | 23.17 | 24.95 | 11.98 | 30.42 | 39.94 | 39.81 | 28.93 | 43.69 | 60.32 |
| Expenses | 28 | 20.55 | 19.94 | 20.06 | 22.89 | 11.63 | 25.17 | 35.08 | 53.3 | 28.49 | 40.02 | 56.95 |
| Operating Profit | 6.75 | 5.78 | 5.43 | 3.11 | 2.06 | 0.35 | 5.25 | 4.86 | -13.49 | 0.44 | 3.67 | 3.37 |
| OPM % | 19.42 | 21.95 | 21.4 | 13.42 | 8.26 | 2.92 | 17.26 | 12.17 | -33.89 | 1.52 | 8.4 | 5.59 |
| Other Income | 26.01 | 0.6 | 0.79 | 0.37 | 0.91 | 0.29 | 1.85 | 0.15 | 0.6 | 0.39 | 0.12 | 0.19 |
| Interest | 2.83 | 2.32 | 2.32 | 2.32 | 2.39 | 2.56 | 2.56 | 2.56 | 1.94 | 0 | 0.06 | 0 |
| Depreciation | 1.27 | 0.91 | 0.96 | 1.02 | 1.03 | 0.88 | 0.92 | 0.96 | 0.9 | 1.01 | 1.1 | 1.13 |
| Profit before tax | 28.66 | 3.15 | 2.94 | 0.14 | -0.45 | -2.8 | 3.62 | 1.49 | -15.73 | -0.18 | 2.63 | 2.43 |
| Tax % | 0 | 0 | 0 | 0 | 253.33 | 0 | 0 | 0 | 3.69 | 0 | 0 | 0 |
| Net Profit | 28.65 | 3.15 | 2.93 | 0.15 | -1.58 | -2.8 | 3.62 | 1.48 | -16.3 | -0.18 | 2.63 | 2.43 |
| EPS in Rs | 47.91 | 5.27 | 4.9 | 0.25 | -2.64 | -4.68 | 6.05 | 2.47 | -27.26 | -0.3 | 4.4 | 4.06 |

### Profit & Loss

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

| Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 331 | 323 | 342 | 192 | 108 | 131 | 129 | 100 | 122 | 173 |
| Expenses | 312 | 301 | 334 | 197 | 128 | 180 | 110 | 83 | 125 | 179 |
| Operating Profit | 19 | 22 | 8 | -5 | -20 | -49 | 19 | 16 | -3 | -6 |
| OPM % | 6 | 7 | 2.3 | -2.5 | -19 | -38 | 15 | 16 | -2.4 | -3.5 |
| Other Income | 5 | 1 | 3 | -22 | 5 | 3 | 29 | 3 | 3 | 1 |
| Interest | 12 | 14 | 11 | 12 | 8 | 0 | 7 | 9 | 10 | 2 |
| Depreciation | 8 | 6 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Profit before tax | 4 | 2 | -4 | -43 | -28 | -51 | 38 | 6 | -13 | -11 |
| Tax % | 18 | 3 | 13 | 2 | 0 | 0 | -12 | 20 | 4 | — |
| Net Profit | 4 | 2 | -5 | -44 | -28 | -51 | 42 | 5 | -14 | -11 |
| EPS in Rs | 6.17 | 3.86 | -8.23 | -73.01 | -46.2 | -84.72 | 70.57 | 7.78 | -23.41 | -19.1 |
| Dividend Payout % | 13 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | 38 | 41 | 43 | 38 | -5 | -33 | -83 | -21 | -17 | -31 |
| Borrowings | 129 | 152 | 174 | 128 | 120 | 112 | 106 | 77 | 77 | 77 |
| Other Liabilities | 14 | 14 | 33 | 47 | 51 | 51 | 56 | 14 | 27 | 30 |
| Total Liabilities | 187 | 213 | 256 | 219 | 172 | 136 | 85 | 76 | 94 | 82 |
| Fixed Assets | 47 | 51 | 52 | 50 | 53 | 50 | 48 | 45 | 42 | 40 |
| CWIP | 0 | 2 | 0 | 5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 140 | 160 | 204 | 163 | 119 | 86 | 37 | 31 | 51 | 42 |
| Total Assets | 187 | 213 | 256 | 219 | 172 | 136 | 85 | 76 | 94 | 82 |

### Cash Flow

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

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 4 | -2 | 49 | 7 | 12 | 6 | 16 | 3 | 1 |
| Cash from Investing Activity | -8 | -14 | -5 | -7 | -2 | 0 | -1 | -2 | -1 | 2 |
| Cash from Financing Activity | 8 | 10 | 8 | -42 | -5 | -11 | -4 | -15 | -2 | -1 |
| Net Cash Flow | 0 | 0 | 1 | -1 | 0 | 0 | 1 | -1 | 0 | 2 |
| Free Cash Flow | -7 | -9 | -7 | 41 | 5 | 11 | 5 | 15 | 2 | 1 |
| CFO/OP | 11 | 26 | -7 | 633 | -145 | -61 | -15 | 82 | 25 | -81 |

### Ratios

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 106 | 113 | 145 | 118 | 161 | 212 | 46 | 36 | 81 | 27 |
| Inventory Days | 51 | 54 | 79 | 50 | 56 | 71 | 36 | 42 | 82 | 69 |
| Days Payable | 8 | 5 | 34 | 48 | 68 | 163 | 197 | 62 | 122 | 55 |
| Cash Conversion Cycle | 149 | 161 | 190 | 120 | 148 | 121 | -115 | 16 | 42 | 41 |
| Working Capital Days | 139 | 158 | 186 | 123 | 156 | 173 | -47 | 42 | 79 | 24 |
| ROCE % | 11 | 8 | 8 | 4 | -6 | -23 | -89 | 42 | 24 | -9 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Dec 2021 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 51.71% | 51.71% | 49.42% | 49.42% | 49.42% | 49.42% |
| Public | 48.29% | 48.29% | 50.58% | 50.58% | 50.58% | 50.58% |
| No. of Shareholders | 2513 | 2456 | 2464 | 2477 | 2470 | 2564 |

### Quarterly

| Category | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 49.42% | 49.42% | 49.42% | 49.42% | 49.42% | 49.42% | 49.42% | 49.42% | 49.42% | 49.42% | 49.42% | 49.42% |
| Public | 50.58% | 50.58% | 50.58% | 50.58% | 50.58% | 50.58% | 50.58% | 50.58% | 50.58% | 50.58% | 50.58% | 50.58% |
| No. of Shareholders | 2464 | 2461 | 2473 | 2472 | 2477 | 2487 | 2498 | 2476 | 2470 | 2541 | 2552 | 2564 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 0 / 7 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 165 | Sell |
| EMA (10) | 164.01 | Sell |
| SMA (20) | 166.77 | Sell |
| EMA (20) | 165.31 | Sell |
| SMA (50) | 166.67 | Sell |
| EMA (50) | 169.08 | Sell |
| SMA (100) | 177.25 | Sell |
| EMA (100) | 171.82 | Sell |
| SMA (200) | 169.22 | Sell |
| EMA (200) | 168.18 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 46.66 | Neutral |
| MACD (12,26,9) | -1.55 | Sell |
| Stochastic (14,3,3) | 32.9 | Neutral |
| ADX (14) | 14.66 | Neutral |
| Williams %R (14) | -68.5 | Neutral |
| ATR (14) | 6.83 | High Volatility |
| ROC (12) | -1.76 | Sell |
| Stoch RSI (14) | 47.77 | Neutral |
| UO (7,14,28) | 44.07 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 6 Apr 2022 - The securities received from the depository participants for dematerialization during the quarter ended MARCH 31, 2022 , were confirmed (accepted / rejected) to the depositories … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr 2022 - The securities received from the depository participants for dematerialization during the quarter ended MARCH 31, 2022 , were confirmed (accepted / rejected) to the depositories …](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eb0e8ce9-c5f0-420e-85d5-792d497c17ee.pdf) |
| 6 Apr 2022 - The securities received from the depository participants for dematerialization during the quarter ended MARCH 31, 2022 , were confirmed (accepted / rejected) to the depositories … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr 2022 - The securities received from the depository participants for dematerialization during the quarter ended MARCH 31, 2022 , were confirmed (accepted / rejected) to the depositories …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eb0e8ce9-c5f0-420e-85d5-792d497c17ee.pdf) |
| 24 Feb 2022 - An application under Rule 154 and 11 of the National Company Law Tribunal Rules, 2016 for seeking rectification in the order of Tribunal dated 04.01.2022 … | [Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal 24 Feb 2022 - An application under Rule 154 and 11 of the National Company Law Tribunal Rules, 2016 for seeking rectification in the order of Tribunal dated 04.01.2022 …](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f336e0bd-b49c-47c4-b077-207f2cf920ed.pdf) |
| 24 Feb 2022 - An application under Rule 154 and 11 of the National Company Law Tribunal Rules, 2016 for seeking rectification in the order of Tribunal dated 04.01.2022 … | [Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal 24 Feb 2022 - An application under Rule 154 and 11 of the National Company Law Tribunal Rules, 2016 for seeking rectification in the order of Tribunal dated 04.01.2022 …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f336e0bd-b49c-47c4-b077-207f2cf920ed.pdf) |
| 14 Feb 2022 - Unaudited Financial Results for the quarter/nine month ended December 31, 2021 published in Free press (English) & Lokmitra (Gujarati) newspaper on dated 13th February, 2022. … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Feb 2022 - Unaudited Financial Results for the quarter/nine month ended December 31, 2021 published in Free press (English) & Lokmitra (Gujarati) newspaper on dated 13th February, 2022. …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6c65269a-5965-46a3-9fc5-c3b2af600e00.pdf) |
| 14 Feb 2022 - Attached herewith Unaudited Financial Results for the quarter/nine month ended December 31, 2021 published in Free press (English) & Lokmitra (Gujarati) newspaper on dated 13th … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Feb 2022 - Attached herewith Unaudited Financial Results for the quarter/nine month ended December 31, 2021 published in Free press (English) & Lokmitra (Gujarati) newspaper on dated 13th …](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6c65269a-5965-46a3-9fc5-c3b2af600e00.pdf) |
| — | [Unaudited Quarterly Financial Results Of The Real Strips Limited ("The Company) For The Quarter Ended On 31St December, 2021 12 Feb 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=18e8667a-73bb-4fb1-ab9b-a80dd19d5681.pdf) |
| — | [Unaudited Quarterly Financial Results Of The Real Strips Limited ("The Company) For The Quarter Ended On 31St December, 2021 12 Feb 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/18e8667a-73bb-4fb1-ab9b-a80dd19d5681.pdf) |
| — | [Limited Review Report for June 30, 2016 13 Aug 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/8/72113465_91B3_4542_A5E5_D509C98F7963_142355.pdf) |
| — | [Standalone Financial Results for June 30, 2016 12 Aug 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/8/800BCE28_1F53_4467_838D_5E619767D55C_192602.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/513558/71166513558.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/513558/67145513558.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/513558/5135580319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/513558/5135580318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/513558/5135580317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/513558/5135580316.pdf) |
| from bse | [Financial Year 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/531823/5318230315.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/513558/5135580315.pdf) |
| from bse | [Financial Year 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/531823/5318230314.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/513558/5135580314.pdf) |

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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 2026-09-13T19:38:31.762Z.