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NSE:STEELCITY

STEEL CITY SECURITIES LTD

Financial Services › Capital Markets
₹78.30
at close · 28 Oct 2026
▲ 0.50 (+0.64%)

Latest filings

  1. Compliance certificate for Q2 FY26 under SEBI Depositories Regulation · Compliance
  2. Trading Window closed from Oct 1 for Q2 FY26 results · Compliance
  3. Board Meeting Outcome: Independent Director Tenure Ends, NRC Reconstituted · Management Changes
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates a stock broking and depository participant business with trading memberships across NSE, BSE, MSEI, MCX, and NCDEX, alongside an E-Governance services line, earning ₹62.27 cr of revenue in FY26. Stock Broking & DP Operations is the larger segment, contributing 67.3% of segment revenue at ₹44.50 cr with segment EBIT of ₹14.53 cr, where brokerage is earned on equity, derivatives, and commodity trades and depository participant services are provided for demat accounts. E-Governance Operations contributed 32.7% of segment revenue at ₹21.60 cr in FY26 with segment EBIT of ₹5.29 cr. Total net profit was ₹14.29 cr on an EBITDA margin of 34.03% in FY26, with total assets of ₹237.38 cr. Employee costs were 23.4% of revenue and other operating expenses 49.7% of revenue, while capex ran at 4.5% of revenue and depreciation at 1.5%. In March 2026, the Visakhapatnam-based firm inaugurated 'Steel City Towers', a roughly 19,000 sq ft five-storey building built at around ₹13 cr for subsidiary Steel City Commodities, and enhanced its ICICI Bank credit facility from ₹10 cr to ₹11 cr.

Revenue mix · reported segments
Stock Broking & DP Operations67.3%
E-Governance Operations32.7%
Operating scale
Stock Broking & DP Operations revenue
₹44.50 crFY26
E-Governance Operations revenue
₹21.60 crFY26
Stock Broking & DP Operations EBIT
₹14.53 crFY26
E-Governance Operations EBIT
₹5.29 crFY26
Exchange memberships
NSE, BSE, MSEI, MCX, NCDEXFY26
ICICI Bank credit facility
₹11 cr (enhanced from ₹10 cr)March 2026
Who pays it
Retail and institutional investors trading on Indian capital and commodity exchanges, and demat account holders using depository participant services
Biggest cost
Other operating expenses at 49.7% of revenue, followed by employee costs at 23.4% of revenue
Kind of business
Cyclical stock broking franchise combined with a separate E-Governance services line
Where it sits
NSE-listed broker with trading-cum-clearing memberships across NSE, BSE, MSEI, MCX, and NCDEX, also registered as a depository participant
Market Cap
₹118 Cr
P / E (TTM)
6.9×
EV / EBITDA
5.0×
Div Yield
5.11%
Growth
3.5%▲
Revenue 5y CAGR
PAT +6.2% · EBITDA +7.4%
Quality
14.4%▲
ROCE (FY26)
ROE 10.4% · margin 34.0%
Leverage
0.07·
Debt / Equity · low
Net debt ₹5.78 Cr
Revenue FY21→FY26
1.2×▲
Margin +2.8 pts
₹52 Cr → ₹62 Cr
Cash conversion
0.42×▼
Operating cash ÷ profit · 5 yrs
₹29 Cr on ₹68 Cr
Moves on a normal day
0.92%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 41 Stockbroking & Allied peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#7/33
P/B#6/40
ROCE#7/16
ROE#17/40
Debt / Equity#7/14
EBITDA margin#13/39
Revenue growth#10/35
Profit growth#10/38

Scorecard

Measured from the filed financials, judged against its Stockbroking & Allied peers · as of FY26 — not investment advice

Strengths
Returns on capital 14.4%
#7 of 16 in Stockbroking & Allied on the latest reported figures
Negative working-capital cycle — the business is funded by its suppliers
Pays out 42% of profit as dividend
Concerns
Slow revenue growth — 4% a year over 5 years
Over 5 years it reported ₹68 Cr of profit and ₹29 Cr of operating cash — 0.42×
Less than 60p of every ₹1 of profit arrived as cash

Charts

How has the market priced it — with filings on the timeline?

STEELCITY · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from STEEL CITY SECURITIES LTD's filed financials and exchange disclosures

What does STEEL CITY SECURITIES LTD do?

STEEL CITY SECURITIES LTD is a Capital Markets company listed on NSE, trading under the symbol STEELCITY.

Is STEEL CITY SECURITIES LTD profitable?

Yes. Over the trailing twelve months STEEL CITY SECURITIES LTD reported a net profit of ₹17 Cr on revenue of ₹67 Cr.

Does STEEL CITY SECURITIES LTD pay a dividend?

Yes. The dividend yield is 5.11% at the current price. It paid out 42% of its profit as dividend in FY26.

Is STEEL CITY SECURITIES LTD debt-free?

No. It reported borrowings of ₹9.88 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹5.78 Cr after cash. Debt stands at 0.07× equity. That is lower than 54% of its 14 Stockbroking & Allied peers.

Is STEEL CITY SECURITIES LTD expensive compared with its peers?

On trailing P/E, STEEL CITY SECURITIES LTD ranks 7 of 33 in Stockbroking & Allied — cheaper than 81% of them, against an industry median of 15.0×. This is a position, not a valuation judgement.

How much does the STEEL CITY SECURITIES LTD share price move in a day?

On a typical session STEEL CITY SECURITIES LTD moves 0.92% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track STEEL CITY SECURITIES LTD's announcements?

Every NSE and BSE filing by STEEL CITY SECURITIES LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.