Steel City Securities Limited (STEELCITY) - Net Assets
Based on the latest financial reports, Steel City Securities Limited (STEELCITY) has net assets worth Rs1.38 Billion INR (≈ $14.92 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs2.37 Billion ≈ $25.67 Million USD) and total liabilities (Rs993.83 Million ≈ $10.75 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how tangible is Steel City Securities Limited's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.38 Billion |
| % of Total Assets | 58.13% |
| Annual Growth Rate | 7.51% |
| 5-Year Change | 31.64% |
| 10-Year Change | 84.55% |
| Growth Volatility | 4.6 |
Steel City Securities Limited - Net Assets Trend (2012–2026)
This chart illustrates how Steel City Securities Limited's net assets have evolved over time, based on quarterly financial data. See how many days can Steel City Securities Limited fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Steel City Securities Limited (2012–2026)
The table below shows the annual net assets of Steel City Securities Limited from 2012 to 2026. For live valuation and market cap data, see STEELCITY market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs1.38 Billion ≈ $14.92 Million |
+6.50% |
| 2025-03-31 | Rs1.30 Billion ≈ $14.01 Million |
+9.46% |
| 2024-03-31 | Rs1.18 Billion ≈ $12.80 Million |
+6.12% |
| 2023-03-31 | Rs1.12 Billion ≈ $12.06 Million |
+6.41% |
| 2022-03-31 | Rs1.05 Billion ≈ $11.34 Million |
+9.72% |
| 2021-03-31 | Rs955.39 Million ≈ $10.33 Million |
+8.58% |
| 2020-03-31 | Rs879.86 Million ≈ $9.52 Million |
+4.07% |
| 2019-03-31 | Rs845.47 Million ≈ $9.14 Million |
+5.08% |
| 2018-03-31 | Rs804.57 Million ≈ $8.70 Million |
+7.60% |
| 2017-03-31 | Rs747.74 Million ≈ $8.09 Million |
+21.93% |
| 2016-03-31 | Rs613.27 Million ≈ $6.63 Million |
+3.90% |
| 2015-03-31 | Rs590.23 Million ≈ $6.38 Million |
+2.77% |
| 2014-03-31 | Rs574.32 Million ≈ $6.21 Million |
+3.89% |
| 2013-03-31 | Rs552.80 Million ≈ $5.98 Million |
+10.46% |
| 2012-03-31 | Rs500.44 Million ≈ $5.41 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Steel City Securities Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs151.07 Million | 10.95% |
| Other Components | Rs1.23 Billion | 89.05% |
| Total Equity | Rs1.38 Billion | 100.00% |
Steel City Securities Limited Competitors by Market Cap
The table below lists competitors of Steel City Securities Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DB (International) Stock Brokers Limited
NSE:DBSTOCKBRO
|
$12.33 Million |
|
BBGI SICAV SA
LSE:BBGI
|
$12.33 Million |
|
Karnalyte Resources Inc.
TO:KRN
|
$12.33 Million |
|
Electric Royalties Ltd
V:ELEC
|
$12.33 Million |
|
Peak Processing Limited
AU:PKP
|
$12.32 Million |
|
Sahathai Terminal Public Company Limited
BK:PORT
|
$12.30 Million |
|
Regenbogen AG
F:RGB
|
$12.30 Million |
|
Stockwik Forvaltning AB
ST:STWK
|
$12.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Steel City Securities Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 1,295,740,000 to 1,379,965,000, a change of 84,225,000 (6.5%).
- Net income of 142,888,000 contributed positively to equity growth.
- Dividend payments of 60,428,000 reduced retained earnings.
- Other comprehensive income decreased equity by 176,198,000.
- Other factors increased equity by 177,963,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs142.89 Million | +10.35% |
| Dividends Paid | Rs60.43 Million | -4.38% |
| Other Comprehensive Income | Rs-176.20 Million | -12.77% |
| Other Changes | Rs177.96 Million | +12.9% |
| Total Change | Rs- | 6.50% |
Book Value vs Market Value Analysis
This analysis compares Steel City Securities Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.82x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.45x to 0.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-03-31 | Rs30.76 | Rs75.44 | x |
| 2013-03-31 | Rs33.81 | Rs75.44 | x |
| 2014-03-31 | Rs35.23 | Rs75.44 | x |
| 2015-03-31 | Rs36.57 | Rs75.44 | x |
| 2016-03-31 | Rs46.69 | Rs75.44 | x |
| 2017-03-31 | Rs56.49 | Rs75.44 | x |
| 2018-03-31 | Rs51.76 | Rs75.44 | x |
| 2019-03-31 | Rs55.96 | Rs75.44 | x |
| 2020-03-31 | Rs58.24 | Rs75.44 | x |
| 2021-03-31 | Rs63.24 | Rs75.44 | x |
| 2022-03-31 | Rs69.39 | Rs75.44 | x |
| 2023-03-31 | Rs73.84 | Rs75.44 | x |
| 2024-03-31 | Rs78.35 | Rs75.44 | x |
| 2025-03-31 | Rs85.52 | Rs75.44 | x |
| 2026-03-31 | Rs92.42 | Rs75.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Steel City Securities Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.35%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.41%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.72x
- Recent ROE (10.35%) is above the historical average (10.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 9.56% | 14.52% | 0.33x | 1.98x | Rs-2.03 Million |
| 2013 | 8.89% | 15.99% | 0.29x | 1.94x | Rs-5.68 Million |
| 2014 | 6.67% | 14.65% | 0.27x | 1.67x | Rs-17.72 Million |
| 2015 | 12.37% | 21.43% | 0.31x | 1.85x | Rs13.10 Million |
| 2016 | 7.21% | 14.87% | 0.30x | 1.62x | Rs-16.14 Million |
| 2017 | 6.92% | 13.83% | 0.31x | 1.61x | Rs-22.33 Million |
| 2018 | 14.54% | 18.04% | 0.45x | 1.78x | Rs35.48 Million |
| 2019 | 10.46% | 14.67% | 0.42x | 1.69x | Rs3.90 Million |
| 2020 | 8.09% | 14.65% | 0.33x | 1.67x | Rs-16.84 Million |
| 2021 | 11.07% | 20.18% | 0.32x | 1.72x | Rs10.21 Million |
| 2022 | 13.18% | 21.72% | 0.35x | 1.73x | Rs33.36 Million |
| 2023 | 10.05% | 20.53% | 0.30x | 1.64x | Rs543.70K |
| 2024 | 10.02% | 20.05% | 0.28x | 1.77x | Rs257.00K |
| 2025 | 13.24% | 26.27% | 0.31x | 1.65x | Rs41.95 Million |
| 2026 | 10.35% | 21.41% | 0.28x | 1.72x | Rs4.89 Million |
Industry Comparison
This section compares Steel City Securities Limited's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $7,515,606,738
- Average return on equity (ROE) among peers: 10.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Steel City Securities Limited (STEELCITY) | Rs1.38 Billion | 9.56% | 0.72x | $12.33 Million |
| 21st Century Management Services Limited (21STCENMGM) | $456.10 Million | 12.69% | 0.44x | $3.56 Million |
| 5paisa Capital Ltd (5PAISA) | $4.63 Billion | 9.40% | 2.54x | $157.01 Million |
| Abans Holdings Limited (AHL) | $9.04 Billion | 7.77% | 1.06x | $117.39 Million |
| AUTHUM INVESTMENT & INFRASTRUCTU ORD (BSE) (AIIL) | $552.74 Million | 2.13% | 0.52x | $4.87 Billion |
| Almondz Global Securities Limited (ALMONDZ) | $1.32 Billion | 4.80% | 0.42x | $25.69 Million |
| Angel One Limited (ANGELONE) | $56.39 Billion | 20.78% | 1.99x | $3.34 Billion |
| Arihant Capital Markets Limited (ARIHANTCAP) | $597.78 Million | 17.39% | 0.99x | $81.83 Million |
| Ausom Enterprise Limited (AUSOMENT) | $1.61 Billion | 12.09% | 0.23x | $16.90 Million |
| Avonmore Capital & Management Services Limited (AVONMORE) | $103.58 Million | 18.73% | 0.09x | $33.17 Million |
| Aditya Birla Money Limited (BIRLAMONEY) | $447.66 Million | 2.69% | 2.08x | $80.25 Million |
About Steel City Securities Limited
Steel City Securities Limited engages in stock broking business in southern India. It operates in two segments, Stock Broking & DP Operations, and E-Governance Operations. The company provides a trading platform of capital market, futures and options, commodities, and currency derivatives; margin trading facility for securities traded on NSE and BSE; insurance services, such as life, non-life, an… Read more