Stelco Strips (Delisted) share price
BSE: 513530
Stelco Strips Ltd. · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Jul 2001
Last traded ₹4.10 on 18 Dec 2013
Delisted on 1 Dec 2017.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Sep 2016
Jul 2016
31 Jul · Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended June 30, 2016
29 Jul · Board meeting
Meeting of Board of Directors will be held on Saturday August 13, 2016 to consider and take on record unaudited financial results for the quarter ....
May 2016
20 May · Board meeting
Meeting of Board of Directors of the company will be held on May 28, 2016 to consider and take on record audited financial results for the financial ....
Results for the quarter to Sep 2015
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- −₹0.01 Cr
From revenue to net profit, ₹ crore
- Profit before tax0.0
- Net profit0.0
Stelco Strips results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2015. Results for the quarter to Dec 2015 were due by 14 Feb 2016, 45 days after it ends. Every company's dates are on the results calendar.
Revenue and net profit by quarter, ₹ crore
- Revenue
- Net profit
- Loss
Peak revenue ₹1.03 Cr, quarter to Dec 2013; lowest ₹0.20 Cr, quarter to Sep 2013A loss in 8 of the 8 quarters with results on record
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Dec 2010 | Mar 2011 | Jun 2011 | Sep 2011 | Dec 2011 | Mar 2012 | Jun 2012 | Sep 2012 | Dec 2012 | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 4.07 | – | 3.57 | 2.15 | 2.32 | 1.41 | 0.18 | 0.23 | 0.71 | – | 0.21 | 0.20 | 1.03 | – | 0.39 | – | – | – | – | – |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. Operating expenses in the glossary | 7.28 | – | 4.12 | 3.44 | 2.97 | 2.30 | – | 0.57 | 1.31 | – | – | 0.50 | 3.08 | – | – | – | – | – | – | – |
| Materials and goods boughtCost of materials and goods. Raw materials used and goods bought for resale in the period, adjusted for the change in stock held. Cost of materials and goods in the glossary | 3.06 | – | 2.17 | 2.39 | 2.03 | 0.37 | – | 0.20 | 0.96 | – | 0.02 | 0.26 | 2.02 | – | 0.21 | – | – | – | – | – |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. Employee costs in the glossary | – | – | – | 0.41 | 0.60 | – | – | – | 0.09 | – | – | 0.14 | 0.13 | – | – | – | – | – | – | – |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. Other expenses in the glossary | – | – | – | 0.65 | 0.34 | – | – | – | 0.26 | – | – | 0.11 | 0.94 | – | – | – | – | – | – | – |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. Operating profit before depreciation (EBITDA) in the glossary | −3.21 | – | −0.54 | −1.29 | −0.65 | −0.90 | – | −0.34 | −0.61 | – | – | −0.31 | −2.05 | – | – | – | – | – | – | – |
| Operating margin | −78.8% | – | −15.2% | −59.9% | −27.9% | −63.6% | – | −148.3% | −86.2% | – | – | −154.4% | −198.2% | – | – | – | – | – | – | – |
| Depreciation and amortisationDepreciation and amortisation. The part of the cost of plant, buildings and other long-lived assets charged against each year they are used. Depreciation and amortisation in the glossary | 0.44 | – | 0.62 | 0.62 | 0.63 | 0.39 | 0.39 | 0.77 | 0.76 | – | 0.65 | 0.65 | 0.65 | – | – | – | – | – | – | – |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. Other income in the glossary | 0.01 | – | 0.12 | 0.00 | – | 0.00 | 0.01 | – | – | – | – | 0.00 | 0.10 | – | – | – | – | – | – | – |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 3.01 | – | 0.01 | 0.01 | 0.00 | 0.01 | – | 0.00 | 0.00 | – | – | 0.00 | 0.00 | – | 0.00 | – | – | – | – | – |
| Profit before tax | −6.64 | – | −1.06 | −1.92 | −1.28 | −1.29 | −0.82 | −1.12 | −1.37 | – | −1.05 | −0.96 | −2.60 | – | −0.17 | – | −0.17 | – | 0.00 | −0.01 |
| Net profit | −6.64 | – | −1.06 | −1.92 | −1.28 | −1.29 | −0.82 | −1.12 | −1.37 | – | −1.05 | −0.96 | −2.60 | – | −0.17 | – | −0.17 | – | 0.00 | −0.01 |
| Net margin | −163.2% | – | −29.7% | −89.4% | −55.1% | −91.9% | −455.3% | −486.1% | −194.3% | – | −511.7% | −485.9% | −252.0% | – | −43.9% | – | – | – | – | – |
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarters to Mar 2011, Mar 2013, Mar 2014, Sep 2014 and Mar 2015.
9 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹246 Cr, year to Mar 2009; lowest ₹8.88 Cr, year to Mar 2012A loss in 4 of the 6 years with results on record
Operating and net margin, per cent
- Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. Operating margin in the glossary
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
Results for the year to Mar 2016
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Profit before tax−0.2
- Net profit−0.2
Profit and loss
Standalone, ₹ crore, years to March. No results on record for the years to Mar 2013, Mar 2014 and Mar 2015.
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 202 | 246 | 225 | 44 | 9 | – | – | – | – |
| 187 | 231 | 226 | 87 | 12 | – | – | – | – | |
| Materials and goods bought | 149 | 184 | 202 | 31 | 6 | – | – | – | – |
| Employee costs | 2 | 2 | 3 | – | – | – | – | – | – |
| Other expenses | 35 | 44 | 21 | – | – | – | – | – | – |
| Operating profit before depreciation | 15 | 15 | −1 | −43 | −3 | – | – | – | – |
| Operating margin | 7.5% | 6.1% | −0.2% | −96.5% | −36.4% | – | – | – | – |
| Materials, % of revenueMaterials, % of revenue. Raw materials used and goods bought for resale, adjusted for the change in stock, divided by revenue, times 100. Materials, % of revenue in the glossary | 74.0% | 75.0% | 89.7% | – | – | – | – | – | – |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. Employee costs, % of revenue in the glossary | 1.1% | 1.0% | 1.3% | – | – | – | – | – | – |
| Other expenses, % of revenueOther expenses, % of revenue. Operating costs besides materials and staff divided by revenue, times 100; with the two above and the operating margin it makes 100. Other expenses, % of revenue in the glossary | 17.5% | 18.0% | 9.2% | – | – | – | – | – | – |
| Depreciation and amortisation | 2 | 2 | 2 | 2 | 3 | – | – | – | – |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. Operating profit after depreciation (EBIT) in the glossary | 13 | 13 | −3 | −45 | −6 | – | – | – | – |
| Other income | 0 | 0 | 0 | 0 | 1 | – | – | – | – |
| Finance costs | 7 | 8 | 8 | 7 | 0 | – | – | – | – |
| Profit before tax | 6 | 5 | −10 | −52 | −5 | – | – | – | 0 |
| Tax | 1 | 1 | – | – | – | – | – | – | – |
| Net profit | 5 | 4 | −10 | −52 | −5 | – | – | – | 0 |
| Net margin | 2.5% | 1.6% | −4.7% | −118.0% | −58.1% | – | – | – | – |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2011 and Mar 2012 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2016: the statement does not state its revenue, finance costs or depreciation, which operating profit is worked out from, so operating profit is not given.
Ratios
Standalone, years to March.
| Ratio | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue growthRevenue growth. This year's revenue less last year's, divided by last year's, times 100; blank where last year's is not above nought. Revenue growth in the glossary | – | 22.1% | −8.5% | −80.3% | −79.9% | – | – | – | – |
| Operating profit growthOperating profit growth. This year's operating profit before depreciation less last year's, divided by last year's, times 100; blank where last year's is not above nought. Operating profit growth in the glossary | – | −0.5% | – | – | – | – | – | – | – |
| Net profit growthNet profit growth. This year's net profit less last year's, divided by last year's, times 100; blank where last year's is not above nought. Net profit growth in the glossary | – | −20.1% | – | – | – | – | – | – | – |
| Earnings per share growthEarnings per share growth. This year's earnings per share less last year's, on the same share count, divided by last year's, times 100; blank where last year's is not above nought. Earnings per share growth in the glossary | – | −20.1% | – | – | – | – | – | – | – |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. Interest cover in the glossary | 1.8 | 1.6 | – | – | – | – | – | – | – |
Interest cover is left blank for the years to Mar 2010, Mar 2011 and Mar 2012: operating profit after depreciation is a loss, and a loss covers no interest bill.
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossaryPublished threshold 17.16 per cent | 16.56 | 20.69 | – | – | – | – | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.
Recent sessions
The 10 trading days to 18 Dec 2013, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 18 Dec 2013 | 4.10 | 4.10 | 4.10 | 4.10 | 4.10 | 10 |
| 12 Dec 2013 | 4.10 | 4.10 | 4.10 | 4.10 | 4.10 | 700 |
| 11 Dec 2013 | 4.04 | 4.04 | 4.04 | 4.04 | 4.04 | 10 |
| 10 Dec 2013 | 3.85 | 3.85 | 3.85 | 3.85 | 3.85 | 10 |
| 4 Dec 2013 | 3.85 | 3.85 | 3.85 | 3.85 | 3.85 | 10 |
| 26 Nov 2013 | 3.67 | 3.67 | 3.67 | 3.67 | 3.67 | 10 |
| 20 Nov 2013 | 3.67 | 3.67 | 3.67 | 3.67 | 3.67 | 10 |
| 12 Nov 2013 | 3.67 | 3.67 | 3.67 | 3.67 | 3.67 | 10 |
| 11 Nov 2013 | 3.50 | 3.50 | 3.50 | 3.50 | 3.50 | 203 |
| 8 Nov 2013 | 3.63 | 3.63 | 3.63 | 3.63 | 3.63 | 20 |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 19 May 2009 | Price move | – | Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for. |
Each event is noted and not adjusted for.
Company details
- BSE code
- 513530
- ISIN
- INE308D01013
- Website
- www.stelcostrips.com
- CIN
- L27105PB1988PLC007921
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1988
- Registered office
- S-57, First Floor, Phase - V, Focal Point, Ludhiana 141010, Punjab
- Share registrar
- Skyline Financial Services Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments