Steel Strips (Delisted) results and financials
BSE: 504717Industrial Products
Steel 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 Jun 1979
Delisted on 3 Jan 2022.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Dec 2021
7 Dec · Disclosure Under Regulation 23(9) Of SEBI (LODR) Regulations, 2015 For The Half Year Ended 30Th September, 2021.
Nov 2021
1 Nov · Board meeting
Meeting on 12 Nov 2021: quarterly results
Oct 2021
Results for the quarter to Sep 2021
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- RevenueRevenue from operations. Money earned from selling the company's goods and services in the period. Revenue from operations in the glossary
- ₹0.00 Cr
- Operating profitOperating 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
- −₹0.06 Cr
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- −₹0.06 Cr
- Earnings per shareEarnings per share. Profit belonging to shareholders divided by the number of shares, restated for later splits and bonuses so they do not break the line. Earnings per share in the glossary
- −₹0.07
From revenue to net profit, ₹ crore
- Revenue0.0
- Employee costs0.0
- Other expenses−0.1
- Operating profit−0.1
- Depreciation0.0
- Other income0.0
- Finance costs0.0
- Profit before tax−0.1
- Tax0.0
- Net profit−0.1
Steel Strips results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2021. Results for the quarter to Dec 2021 were due by 14 Feb 2022, 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 ₹0.00 Cr, quarter to Dec 2018A loss in 11 of the 12 quarters shown
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018Q1 | Sep 2018 | Dec 2018Q3 | Mar 2019 | Jun 2019Q1 | Sep 2019 | Dec 2019Q3 | Mar 2020 | Jun 2020Q1 | Sep 2020 | Dec 2020Q3 | Mar 2021 | Jun 2021Q1 | Sep 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | – | 0.01 | 0.27 | 1.10 | 0.40 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 | – | – | – | – | – | – | 0.09 | 0.25 | 0.09 | 0.09 | 0.51 | 0.12 | 0.02 | 0.23 | 0.05 | 0.24 | 0.04 | 0.03 | 0.02 | 0.06 |
| 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 | – | – | – | – | – | – | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. Employee costs in the glossary | – | – | – | – | – | – | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. Other expenses in the glossary | – | – | – | – | – | – | 0.08 | 0.24 | 0.08 | 0.09 | 0.50 | 0.11 | 0.01 | 0.23 | 0.04 | 0.24 | 0.03 | 0.02 | 0.01 | 0.05 |
| Operating profit before depreciation | – | – | – | – | – | – | −0.09 | −0.25 | −0.09 | −0.09 | −0.51 | −0.12 | −0.02 | −0.23 | −0.05 | −0.24 | −0.04 | −0.03 | −0.02 | −0.06 |
| 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 | – | – | – | – | – | – | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 | 0.01 | 0.27 | 1.10 | 0.40 | 0.01 | 0.00 | 1.90 | 0.00 | 0.90 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | – | – | 0.00 | – | 0.00 | – | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before one-off items and taxProfit before one-off items and tax. Profit before tax as it would be without the one-off items below it, as the company states it. Profit before one-off items and tax in the glossary | −0.16 | −0.15 | −0.16 | 0.87 | 0.28 | −0.09 | −0.09 | 1.65 | −0.09 | 0.81 | −0.51 | −0.12 | −0.02 | −0.30 | −0.05 | −0.25 | −0.04 | −0.03 | −0.02 | −0.06 |
| One-off itemsExceptional items. Gains or losses the company reports separately because they are not expected to recur, such as selling a business or writing down an asset. Exceptional items in the glossary | – | – | – | – | – | – | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −0.03 | 0.00 | 0.00 | 0.00 | −0.01 | 0.00 | 0.00 | 0.00 |
| Profit before tax | −0.16 | −0.15 | −0.16 | 0.87 | 0.28 | −0.09 | −0.09 | 1.65 | −0.09 | 0.81 | −0.51 | −0.12 | −0.05 | −0.30 | −0.05 | −0.25 | −0.05 | −0.03 | −0.02 | −0.06 |
| Tax | – | – | – | – | – | – | 0.00 | 0.00 | 0.00 | 0.18 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | – | – | – | – | – | – | – | 0.0% | – | 22.4% | – | – | – | – | – | – | – | – | – | – |
| Net profit | −0.16 | −0.15 | −0.16 | 0.87 | 0.28 | −0.09 | −0.09 | 1.65 | −0.09 | 0.63 | −0.51 | −0.12 | −0.05 | −0.30 | −0.05 | −0.25 | −0.05 | −0.03 | −0.02 | −0.06 |
| Net margin | – | −1,711.1% | −56.9% | 78.7% | 70.1% | −750.0% | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Earnings per share | – | −₹0.19 | −₹0.19 | ₹1.04 | ₹0.34 | −₹0.11 | −₹0.11 | ₹1.99 | −₹0.11 | ₹0.75 | −₹0.62 | −₹0.15 | −₹0.06 | −₹0.37 | −₹0.06 | −₹0.30 | −₹0.06 | −₹0.04 | −₹0.03 | −₹0.07 |
Earnings per share in rupees, restated for later splits and bonuses.
10 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 ₹1.79 Cr, year to Mar 2018; lowest ₹0.00 Cr, year to Mar 2019A loss in 7 of the 10 years shown
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 2021
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue0.0
- Employee costs0.0
- Other expenses−0.3
- Operating profit−0.4
- Depreciation0.0
- Other income0.0
- One-off items0.0
- Finance costs0.0
- Profit before tax−0.4
- Tax0.0
- Net profit−0.4
What the company owns
- Cash and bank₹0 Cr
- Plant, investments and other assets₹0 Cr
What pays for it: net worth and liabilities
- Other liabilities₹0 Cr
Profit and loss
Standalone, ₹ crore, years to March. The last column is the twelve months to Sep 2021, the latest four quarters added.
| ₹ crore | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Sep 2021Twelve months |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | – | – | – | – | – | 0.19 | 1.79 | 0.00 | 0.00 | 0.00 | 0.00 |
| – | – | – | – | – | – | – | 0.53 | 0.89 | 0.36 | 0.15 | |
| Materials and goods bought | – | – | – | – | – | – | – | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee costs | – | – | – | – | – | – | – | 0.03 | 0.03 | 0.03 | 0.03 |
| Other expenses | – | – | – | – | – | – | – | 0.50 | 0.85 | 0.33 | 0.12 |
| Operating profit before depreciation | – | – | – | – | – | – | – | −0.53 | −0.89 | −0.36 | −0.15 |
| Depreciation and amortisation | – | – | – | – | – | – | – | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. Operating profit after depreciation (EBIT) in the glossary | – | – | – | – | – | – | – | −0.53 | −0.89 | −0.36 | −0.15 |
| Other income | 0.04 | 0.04 | 0.04 | 0.04 | 0.44 | 0.19 | 1.79 | 2.80 | 0.00 | 0.00 | 0.00 |
| Finance costs | – | – | 0.00 | – | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.00 | 0.00 |
| Profit before one-off items and tax | −0.08 | −0.06 | −0.11 | −0.12 | 0.13 | −0.50 | 0.90 | 2.27 | −0.96 | −0.36 | −0.15 |
| One-off items | – | – | – | – | – | – | – | 0.00 | −0.03 | −0.01 | −0.01 |
| Profit before tax | −0.08 | −0.06 | −0.11 | −0.12 | 0.13 | −0.50 | 0.90 | 2.27 | −0.99 | −0.38 | −0.16 |
| Tax | – | – | – | – | – | – | – | 0.18 | 0.00 | 0.00 | 0.00 |
| Net profit | −0.08 | −0.06 | −0.11 | −0.12 | 0.13 | −0.50 | 0.90 | 2.09 | −0.99 | −0.38 | −0.16 |
| Net margin | – | – | – | – | – | −269.2% | 50.5% | – | – | – | – |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2012, Mar 2013 and Mar 2015: the statement does not state its revenue, finance costs or depreciation, which operating profit is worked out from, so operating profit is not given. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2014 and Mar 2016: the statement does not state its revenue or depreciation, which operating profit is worked out from, so operating profit is not given. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2017 and Mar 2018: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.
Earlier years, Mar 2008 to Mar 2011
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
|---|---|---|---|---|
| Revenue from operations | 0.19 | – | – | – |
| Depreciation and amortisation | 0.07 | – | – | – |
| Other income | 0.19 | 0.91 | 0.14 | 3.51 |
| Finance costs | 0.01 | 0.00 | 0.01 | – |
| Profit before tax | −2.48 | −1.48 | −0.01 | 3.41 |
| Tax | 0.00 | 0.00 | – | – |
| Net profit | 4.54 | 4.06 | −0.01 | 3.41 |
| Net margin | 2,400.0% | – | – | – |
Standalone, ₹ crore, years to March.
Balance sheet
Standalone, ₹ crore, at 31 March. The last column is the half year to Sep 2021, after the latest full year: the balance sheet at its end.
| ₹ crore | Mar 2019 | Mar 2020 | Mar 2021 | Sep 2021Half year |
|---|---|---|---|---|
| Net worth. What the company owns less everything it owes: the money shareholders have in the business, paid in and kept from profits. Net worth in the glossary | 0.15 | −0.84 | −1.21 | −1.29 |
| Share capitalShare capital. The face value of all the shares the company has issued. Share capital in the glossary | 8.28 | 8.28 | 8.28 | 8.28 |
| ReservesReserves. The rest of the shareholders' net worth: profits kept in the business over the years, and money paid for shares above their face value. Reserves in the glossary | −8.13 | −9.12 | −9.50 | −9.58 |
| BorrowingsBorrowings. Loans, bonds and other money the company has borrowed and must repay with interest. Borrowings in the glossary | 0.00 | 0.00 | 0.00 | 0.00 |
| Liabilities due within a year. Everything the company must pay within twelve months: borrowings falling due, suppliers, and other dues and provisions. Liabilities due within a year in the glossary | 0.23 | 0.23 | 0.31 | 0.20 |
| Liabilities due after a year. Everything the company owes that falls due more than twelve months on, borrowings among it. Liabilities due after a year in the glossary | 1.39 | 1.39 | 1.39 | 1.39 |
| Total assetsTotal assets. Everything the company owns or controls: plant, investments, stock, money owed by customers and cash. Total assets in the glossary | 1.77 | 0.79 | 0.49 | 0.29 |
| Assets held for longer than a year. Everything the company owns that it does not expect to turn into cash within twelve months: plant, intangibles, long-term investments, loans given and the like. Assets held for longer than a year in the glossary | 0.01 | 0.01 | 0.01 | 0.01 |
| Assets turning to cash within a year. Everything the company expects to turn into cash or use up within twelve months: stock, money owed by customers, cash and short-term investments. Assets turning to cash within a year in the glossary | 1.76 | 0.78 | 0.48 | 0.28 |
| Net debtNet debt. Borrowings less cash, other bank balances and current investments: what the company would still owe if it used its cash to repay. Net debt in the glossary | −1.65 | −0.78 | −0.30 | −0.09 |
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.
Cash flow
Standalone, ₹ crore, years to March. The last column is the half year to Sep 2021, after the latest full year: the cash flow over its six months.
| ₹ crore | Mar 2021 | Sep 2021Half year |
|---|---|---|
| Cash from operations. Cash the business brought in from its operations in the period, after paying suppliers, staff and tax. Cash from operations in the glossary | −0.32 | −0.21 |
| Cash generated before tax. Cash from operations before income tax paid: profit before tax, with non-cash items added back and the change in working capital. Cash generated before tax in the glossary | −0.32 | −0.21 |
| Change in working capital. Cash taken up, below nought, or released by the change in stock, money owed by customers, money owed to suppliers and other short-term items over the year. Change in working capital in the glossary | 0.05 | −0.13 |
| ReceivablesChange in receivables. Cash taken up, below nought, or released by the change in what customers owe. Change in receivables in the glossary | −0.03 | −0.01 |
| Other working capitalOther working capital. The working-capital change from every other short-term item: advances, provisions, other assets and liabilities. Other working capital in the glossary | 0.08 | −0.11 |
| Interest paidInterest paid, in operations. Interest paid in cash that the company counts in its operations rather than its financing. Interest paid, in operations in the glossary | 0.00 | – |
| Capital spendingCapital spending. Cash spent in the period on plant, equipment, buildings and other long-lived assets. Capital spending in the glossary | 0.00 | 0.00 |
| Free cash flowFree cash flow. Cash from operations less capital spending: what is left to repay borrowings, pay dividends or keep. Free cash flow in the glossary | −0.32 | −0.21 |
| Cash from investingCash from investing. Cash spent on, below nought, or received from plant, investments, businesses bought or sold, and interest and dividends received. Cash from investing in the glossary | 0.00 | 0.00 |
| Cash from financingCash from financing. Cash raised from, or paid to, lenders and shareholders: borrowings taken and repaid, interest, lease payments, dividends and shares issued or bought back. Cash from financing in the glossary | 0.00 | 0.00 |
| Dividends paidDividends paid. Cash paid to shareholders as dividends during the period. Dividends paid in the glossary | 0.00 | 0.00 |
| Shares bought backShares bought back. Cash spent buying the company's own shares back from shareholders. Shares bought back in the glossary | 0.00 | 0.00 |
| Shares issuedShares issued. Cash raised by selling new shares. Shares issued in the glossary | 0.00 | 0.00 |
| Net change in cashNet change in cash. Cash from operations, investing and financing added together: how much cash and cash equivalents rose or fell over the year, before currency effects. Net change in cash in the glossary | −0.32 | −0.21 |
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017, Mar 2018, Mar 2019 and Mar 2020.
Ratios
Standalone, years to March.
| Ratio | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
|---|---|---|---|---|
| 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 | 865.9% | −100.0% | – | – |
| 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 | – | 131.9% | – | – |
| 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 | – | 132.1% | – | – |
| Return on capital employedReturn on capital employed. Operating profit after depreciation divided by net worth plus borrowings at the year end, times 100: what the business earns on all the money in it. | – | −353.4% | – | – |
| Debt to equityDebt to equity. Borrowings at the year end divided by net worth: rupees borrowed for each rupee shareholders have in the business. | – | 0.00 | – | – |
| Asset turnoverAsset turnover. Revenue divided by average total assets: rupees of sales for each rupee of assets. Asset turnover in the glossary | – | 0.00 | 0.00 | 0.00 |
| Assets per rupee of net worthAssets per rupee of net worth. Average total assets divided by average net worth: how far borrowings and other liabilities stretch the shareholders' money. Assets per rupee of net worth in the glossary | – | 11.83 | −3.73 | −0.62 |
Interest cover is left blank for the years to Mar 2020 and Mar 2021: operating profit after depreciation is a loss, and a loss covers no interest bill. Debt to equity is left blank for the years to Mar 2020 and Mar 2021: net worth is below zero, so there is no shareholders' money to set the borrowings against. Return on capital employed is left blank for the years to Mar 2020 and Mar 2021: net worth and borrowings together come to nought or less, so there is no money employed to set the operating profit against. No balance sheet is on record for the years to Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.
Growth and returns over 3, 5 and 10 years
Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2021.
- Return on assets, latest yearReturn on assets, latest year. Profit to the company's own shareholders in the latest year ÷ the average of that year's opening and closing total assets × 100; empty for a bank, a lender or an insurer, whose own return on assets is shown with its accounts.
- −59.0%
| Measure | 3 years |
|---|---|
| Asset turnover, averageAsset turnover, average. 3 years: The plain average of the yearly asset turnover over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly asset turnover over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly asset turnover over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 0.00 |
Where the cash came from and went
Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2021.
| ₹ crore | Latest year |
|---|---|
| Cash from operationsCash from operations. Latest year: Cash from operating activities in the latest year. 3 years: Cash from operating activities added over the last three years, needing every one of them. 5 years: Cash from operating activities added over the last five years, needing every one of them. | −0.32 |
| Cash from investingCash from investing. Latest year: Cash from investing activities in the latest year. 3 years: Cash from investing activities added over the last three years, needing every one of them. 5 years: Cash from investing activities added over the last five years, needing every one of them. | 0.00 |
| Cash from financingCash from financing. Latest year: Cash from financing activities in the latest year. 3 years: Cash from financing activities added over the last three years, needing every one of them. 5 years: Cash from financing activities added over the last five years, needing every one of them. | 0.00 |
| Capital spendingCapital spending. Latest year: Spending on property, plant and equipment in the latest year. 3 years: Spending on property, plant and equipment added over the last three years, needing every one of them. 5 years: Spending on property, plant and equipment added over the last five years, needing every one of them. | 0.00 |
| Dividends paidDividends paid. Latest year: Dividends paid in the latest year. 3 years: Dividends paid added over the last three years, needing every one of them. 5 years: Dividends paid added over the last five years, needing every one of them. | 0.00 |
| Shares bought backShares bought back. Latest year: Shares bought back in the latest year. 3 years: Shares bought back added over the last three years, needing every one of them. 5 years: Shares bought back added over the last five years, needing every one of them. | 0.00 |
| Shares issued for cashShares issued for cash. Latest year: Shares issued for cash in the latest year. 3 years: Shares issued for cash added over the last three years, needing every one of them. 5 years: Shares issued for cash added over the last five years, needing every one of them. | 0.00 |
| Borrowings raisedBorrowings raised. Latest year: Money raised by borrowing, as a positive amount, in the latest year; empty where a year's filing states only borrowing net of repayment, which says neither how much was raised nor how much paid back. 3 years: Money raised by borrowing, as a positive amount, added over the last three years, needing every one of them; empty where a year's filing states only borrowing net of repayment, which says neither how much was raised nor how much paid back. 5 years: Money raised by borrowing, as a positive amount, added over the last five years, needing every one of them; empty where a year's filing states only borrowing net of repayment, which says neither how much was raised nor how much paid back. Borrowings raised in the glossary | 0.00 |
| Borrowings repaidBorrowings repaid. Latest year: Money paid back on borrowings, as a positive amount, in the latest year. 3 years: Money paid back on borrowings, as a positive amount, added over the last three years, needing every one of them. 5 years: Money paid back on borrowings, as a positive amount, added over the last five years, needing every one of them. Borrowings repaid in the glossary | 0.00 |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2019 | Mar 2020 | Mar 2021 |
|---|---|---|---|
| Profit not backed by cash, % of assetsProfit not backed by cash (Sloan accruals). Net profit less cash from operations, as a percentage of average total assets. Profit not backed by cash (Sloan accruals) in the glossaryPublished threshold 10 per cent of average total assets | – | – | −8.10 |
| Effective tax ratePublished threshold 17.16 per cent | 7.92 | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.
Business segments
In the year to Mar 2021 the company reports one business segment, STEEL, which carries all its revenue.
Company details
- BSE code
- 504717
- ISIN
- INE01RN01014
- Industry
- Industrial Products
- Website
- www.sslindia.net
- CIN
- L45202PB1975PLC003610
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1975
- Registered office
- Village Harkishnapura,, Bhawanigarh Tehsil, District Sangrur, 148026, Punjab
- Share registrar
- Skyline Financial Services Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments