---
title: "Steel City Securities Ltd (STEELCITY) — Share Price, Financials & Analysis"
symbol: "STEELCITY"
company: "Steel City Securities Ltd"
canonical: "https://tapetide.com/stocks/STEELCITY"
isin: "INE395H01011"
nse_symbol: "STEELCITY"
sector: "Financial Services"
industry: "Capital Markets"
market_cap_cr: 137.46
generated_at: "2026-09-13T19:25:08.785Z"
---

# Steel City Securities Ltd (STEELCITY)

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

## Company

- **NSE Symbol:** STEELCITY
- **ISIN:** INE395H01011
- **Sector:** Financial Services
- **Industry:** Capital Markets
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 2019-06-27
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** steelcitynettrade.com

## About

Incorporated in 1995, Steel City Securities Ltd provides stock broking and e-governance services[1]

## Latest Price

- **Price:** ₹90.3
- **Change:** -0.1 (-0.11%)
- **Open:** ₹91.4
- **Day High:** ₹92.74
- **Day Low:** ₹88.2
- **Previous Close:** ₹90.4
- **Volume:** 31154
- **As Of:** 2026-09-11T09:59:32+00:00

## Key Fundamentals

Observed at 2026-09-11T04:49:46.740241Z.

- **Market Cap:** ₹137.46 Cr
- **Classification:** Microcap
- **P/E (reported):** 8.1
- **P/E (TTM):** 8.03
- **EPS (TTM):** ₹11.25
- **EPS (reported):** ₹9.24
- **Book Value:** ₹91.35
- **Price to Book:** 1
- **Dividend Yield:** 1.11%
- **ROE:** 10.46%
- **ROCE:** 14.4%
- **Debt to Equity:** 0.07
- **Revenue (yearly):** ₹66.8 Cr
- **Net Income:** ₹14.4 Cr
- **EBITDA:** ₹21.2 Cr
- **52-Week High:** ₹105.57
- **52-Week Low:** ₹71.26
- **RSI (14):** 66.34

## Tapetide Score

- **Score:** 61 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Rising
- **Percentile:** 90.4 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 53.14 | 9% |
| growth | 48.19 | 9% |
| momentum | 63.83 | 12% |
| ownership | 50 | 24% |
| quality | 70.34 | 22% |
| valuation | 72.72 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.99 times its book value
- Stock is providing a good dividend yield of 4.43%.
- Company has been maintaining a healthy dividend payout of 38.6%

### Weaknesses

- The company has delivered a poor sales growth of 3.82% over past five years.
- Company has a low return on equity of 11.6% over last 3 years.
- Contingent liabilities of Rs.51.9 Cr.
- Company has high debtors of 373 days.
- Working capital days have increased from 159 days to 225 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -91.93% | 101.51% | -98.98% |
| ebitda margin growth | 75.47% | -8.63% | 15.83% | 10.55% |
| net income growth | 100% | -12.2% | 8% | 6% |
| revenue growth | 12.09% | -4.57% | 4% | 4% |
| roce | 79.41% | -19.37% | 6.67% | 15.42% |
| roe | 102.68% | -17.18% | 10.89% | -16.32% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 15.26 | 13.59 | 17.34 | 16.72 | 18.53 | 16.28 | 13.76 | 14.99 | 15.43 | 15.28 | 16.57 | 19.27 |
| Expenses | 12.08 | 10.26 | 12.4 | 11.62 | 13.2 | 10.53 | 10.31 | 10.61 | 11.29 | 10.68 | 12.97 | 11.15 |
| Operating Profit | 3.18 | 3.33 | 4.94 | 5.1 | 5.33 | 5.75 | 3.45 | 4.38 | 4.14 | 4.6 | 3.6 | 8.12 |
| OPM % | 20.84 | 24.5 | 28.49 | 30.5 | 28.76 | 35.32 | 25.07 | 29.22 | 26.83 | 30.1 | 21.73 | 42.14 |
| Other Income | 0.68 | 0.77 | 1.11 | 0.83 | 1.71 | 0.81 | 1.33 | 1.06 | 0.87 | 0.88 | 1.67 | 1.17 |
| Interest | 0.14 | 0.1 | 0.24 | 0.31 | 0.33 | 0.3 | 0.28 | 0.16 | 0.23 | 0.27 | 0.24 | 0.22 |
| Depreciation | 0.28 | 0.29 | 0.18 | 0.25 | 0.25 | 0.25 | 0.24 | 0.23 | 0.23 | 0.23 | 0.21 | 0.23 |
| Profit before tax | 3.44 | 3.71 | 5.63 | 5.37 | 6.46 | 6.01 | 4.26 | 5.05 | 4.55 | 4.98 | 4.82 | 8.84 |
| Tax % | 29.07 | 29.92 | 24.33 | 27.56 | 21.83 | 27.79 | 27.7 | 25.35 | 25.93 | 25.3 | 25.52 | 25.79 |
| Net Profit | 2.46 | 2.85 | 4.4 | 4.24 | 5.14 | 4.85 | 2.93 | 4.08 | 3.13 | 3.72 | 3.36 | 6.8 |
| EPS in Rs | 1.63 | 1.89 | 2.91 | 2.81 | 3.4 | 3.21 | 1.94 | 2.7 | 2.07 | 2.46 | 2.22 | 4.5 |

### Profit & Loss

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

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 66 | 64 | 51 | 55 | 67 | 59 | 63 | 70 | 67 | 67 |
| Expenses | 47 | 49 | 40 | 40 | 47 | 43 | 45 | 46 | 45 | 46 |
| Operating Profit | 19 | 15 | 12 | 15 | 19 | 16 | 17 | 24 | 21 | 20 |
| OPM % | 29 | 24 | 22 | 27 | 29 | 28 | 28 | 35 | 32 | 31 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 |
| Interest | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 16 | 13 | 10 | 14 | 18 | 15 | 16 | 22 | 19 | 23 |
| Tax % | 30 | 34 | 26 | 26 | 27 | 26 | 27 | 26 | 26 | — |
| Net Profit | 11 | 9 | 7 | 11 | 14 | 11 | 12 | 17 | 14 | 17 |
| EPS in Rs | 7.53 | 5.96 | 4.71 | 7 | 9.15 | 7.42 | 7.85 | 11.35 | 9.46 | 11.25 |
| Dividend Payout % | 33 | 42 | 32 | 43 | 33 | 40 | 38 | 35 | 42 | — |

### Balance Sheet

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
| Reserves | 57 | 64 | 71 | 73 | 80 | 90 | 96 | 103 | 114 | 123 |
| Borrowings | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 5 | 4 | 10 |
| Other Liabilities | 44 | 62 | 59 | 59 | 68 | 77 | 71 | 86 | 80 | 90 |
| Total Liabilities | 117 | 141 | 145 | 147 | 165 | 182 | 183 | 209 | 214 | 237 |
| Fixed Assets | 7 | 7 | 9 | 9 | 9 | 9 | 26 | 25 | 24 | 24 |
| CWIP | 0 | 0 | 0 | 0 | 2 | 7 | 4 | 4 | 6 | 9 |
| Investments | 4 | 5 | 7 | 6 | 5 | 6 | 6 | 7 | 7 | 6 |
| Other Assets | 106 | 129 | 130 | 132 | 148 | 159 | 147 | 174 | 176 | 199 |
| Total Assets | 117 | 141 | 145 | 147 | 165 | 182 | 183 | 209 | 214 | 237 |

### Cash Flow

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 7 | 16 | 13 | 4 | 2 | 28 | 16 | -19 | 3 | 0 |
| Cash from Investing Activity | 10 | 0 | -1 | 1 | 3 | -3 | -10 | 3 | 1 | 3 |
| Cash from Financing Activity | -9 | -5 | -5 | -4 | -3 | -6 | -3 | -1 | -8 | -2 |
| Net Cash Flow | 8 | 12 | 7 | 1 | 1 | 19 | 3 | -16 | -4 | 1 |
| Free Cash Flow | 16 | 15 | 10 | 2 | 0 | 21 | 2 | -19 | 0 | -3 |
| CFO/OP | 105 | 101 | 102 | 56 | 33 | 168 | 124 | -83 | 38 | 25 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 512 | 293 | 275 | 300 | 424 | 316 | 271 | 317 | 340 | 373 |
| Cash Conversion Cycle | 512 | 293 | 275 | 300 | 424 | 316 | 271 | 317 | 340 | 373 |
| Working Capital Days | 129 | -1 | 4 | -39 | 55 | -50 | -123 | 107 | 145 | 225 |
| ROCE % | 12 | 23 | 17 | 12 | 15 | 19 | 14 | 14 | 18 | 14 |

## Shareholding Pattern

### Quarterly

| Category | Jun 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 68.81% | 69.93% | 70.19% | 70.69% | 70.86% | 70.86% | 72.64% | 73.87% | 74.7% | 74.7% | 74.7% | 74.7% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.17% | 0.17% | 0.17% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 26.54% | 25.57% | 25.06% | 24.4% | 24.22% | 24.22% | 22.9% | 21.34% | 20.65% | 20.71% | 20.81% | 20.88% |
| Others | 4.66% | 4.5% | 4.76% | 4.9% | 4.92% | 4.92% | 4.47% | 4.79% | 4.65% | 4.42% | 4.32% | 4.25% |
| No. of Shareholders | 9733 | 10762 | 12182 | 11841 | 11999 | 11998 | 13793 | 13009 | 12787 | 13436 | 13700 | 13675 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 6 / 0

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 85.53 | Buy |
| EMA (10) | 86.42 | Buy |
| SMA (20) | 84.61 | Buy |
| EMA (20) | 84.88 | Buy |
| SMA (50) | 80.97 | Buy |
| EMA (50) | 82.41 | Buy |
| SMA (100) | 80.22 | Buy |
| EMA (100) | 81.89 | Buy |
| SMA (200) | 83.57 | Buy |
| EMA (200) | 84.6 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 63.42 | Neutral |
| MACD (12,26,9) | 1.87 | Buy |
| Stochastic (14,3,3) | 65.09 | Neutral |
| ADX (14) | 29.71 | Buy |
| Williams %R (14) | -24.55 | Neutral |
| ATR (14) | 3.58 | High Volatility |
| ROC (12) | 2.77 | Buy |
| Stoch RSI (14) | 76.1 | Neutral |
| UO (7,14,28) | 57.03 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-29 | [Dividend](https://nsearchives.nseindia.com/corporate/STEELCITY_29082026135001_Outcome.pdf) |
| 2026-08-29 | [Record Date](https://nsearchives.nseindia.com/corporate/STEELCITY_29082026140314_Record_date_Intimation.pdf) |
| 2026-08-24 | [Trading Window](https://nsearchives.nseindia.com/corporate/STEELCITY_24082026190325_Close.pdf) |
| 2026-08-05 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/STEELCITY_05082026134309_AD.pdf) |
| 2026-08-04 | [General Updates](https://nsearchives.nseindia.com/corporate/STEELCITY_04082026183627_Reg.pdf) |
| 2026-07-30 | [Trading Window](https://nsearchives.nseindia.com/corporate/STEELCITY_30072026184424_Window.pdf) |
| 2026-07-29 | [Change in Director(s)](https://nsearchives.nseindia.com/corporate/STEELCITY_29072026200759_Disclosure.pdf) |
| 2026-07-14 | [Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/STEELCITY_14072026131842_REG.pdf) |
| 2026-07-02 | [Action(s) taken or orders passed](https://nsearchives.nseindia.com/corporate/STEELCITY_02072026134643_img108.pdf) |
| 2026-06-30 | [Trading Window](https://nsearchives.nseindia.com/corporate/STEELCITY_30062026181716_Trading_window.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 25 May 2026 - Book closure from 17-23 June 2026 for AGM e-voting and final dividend eligibility. | [Record Date 25 May 2026 - Book closure from 17-23 June 2026 for AGM e-voting and final dividend eligibility.](https://nsearchives.nseindia.com/corporate/STEELCITY_25052026132438_Scan191.pdf) |
| 24 Aug - STEEL CITY SECURITIES LIMITED has informed about Board Meeting to be held on 29-Aug-2026 to consider Dividend. | [Board Meeting - Intimation 24 Aug - STEEL CITY SECURITIES LIMITED has informed about Board Meeting to be held on 29-Aug-2026 to consider Dividend.](https://nsearchives.nseindia.com/corporate/ixbrl/PRIOR_INTIMATION_14558_20260824_165444875_WEB.html) |
| — | [Board Meeting - Dividend/Other business matters 24 Aug](https://nsearchives.nseindia.com/corporate/STEELCITY_24082026165627_Notice.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-03 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/STEELCITY_03082026185105_Outcome.pdf) |
| 2026-07-30 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/STEELCITY_30072026120055_Outcome.pdf) |
| 2026-05-02 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/STEELCITY_02052026191650_Outcome.pdf) |
| 2026-03-30 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/STEELCITY_30032026125748_1.pdf) |
| 2026-01-31 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/STEELCITY_31012026182300_Outcome.pdf) |
| 2026-01-07 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/STEELCITY_07012026124518_Outcome.pdf) |
| 2025-11-07 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/STEELCITY_07112025185404_Outcome.pdf) |
| 2025-11-07 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/STEELCITY_07112025193947_Outcome.pdf) |
| 2025-10-06 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/STEELCITY_06102025125217_Outcome.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/AR_29322_STEELCITY_2025_2026_A_2679789_01062026184619.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/AR_26465_STEELCITY_2024_2025_A_30052025182142.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/AR_26216_STEELCITY_2023_2024_0909202411320.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/AR_23414_STEELCITY_2022_2023_04092023184502.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/AR_20249_STEELCITY_2021_2022_06072022133802.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/AR_18963_STEELCITY_2020_2021_27082021160619.zip) |
| from nse | [Annual Report 2020 from nse](https://archives.nseindia.com/annual_reports/AR_17450_STEELCITY_2019_2020_06092020064028.zip) |
| from nse | [Annual Report 2019 from nse](https://archives.nseindia.com/annual_reports/AR_15264_STEELCITY_2018_2019_20082019121255_20082019130003.zip) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2020 | [Concall - Sep 2020](https://archives.nseindia.com/corporate/STEELCITY_18092020185955_InvestorPresentation.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://archives.nseindia.com/corporate/STEELCITY_17112021115338_InvestorPresentation.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://archives.nseindia.com/corporate/STEELCITY_18112020170357_InvestorPresentation.pdf) |
| May 2025 | [Concall - May 2025](https://nsearchives.nseindia.com/corporate/STEELCITY_22052025132109_Upload.pdf) |
| May 2024 | [Concall - May 2024](https://nsearchives.nseindia.com/corporate/STEELCITY_02052024194333_InvestorPresentation.pdf) |
| Jul 2021 | [Concall - Jul 2021](https://archives.nseindia.com/corporate/STEELCITY_07072021172911_InvestorPresentation.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 2026-09-13T19:25:08.785Z.