Beekay Steel Industries Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 24, 2025, 8:27 pm

Market Cap	1,125 Cr.
Current Price	590
High / Low	845/435
Stock P/E	9.20
Book Value	526
Dividend Yield	0.17 %
ROCE	10.7 %
ROE	11.2 %
Face Value	10.0
PEG Ratio	1.05

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Beekay Steel Industries Ltd

Competitors of Beekay Steel Industries Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Incredible Industries Ltd	181 Cr.	38.7	63.6/28.5	18.5	29.1	0.00 %	9.09 %	4.61 %	10.0
Eastcoast Steel Ltd	8.99 Cr.	16.6	29.3/16.6		34.8	0.00 %	3.78 %	4.64 %	10.0
Bonlon Industries Ltd	46.8 Cr.	33.0	41.8/22.5	15.2	56.6	0.00 %	4.56 %	2.99 %	10.0
Beekay Steel Industries Ltd	1,125 Cr.	590	845/435	9.20	526	0.17 %	10.7 %	11.2 %	10.0
Ecofinity Atomix Ltd	25.1 Cr.	36.0	69.7/32.7	28.2	6.23	0.00 %	8.85 %	8.56 %	10.0
Industry Average	39,936.23 Cr	323.77		28.02	144.95	0.35%	8.73%	9.17%	7.50

All Competitor Stocks of Beekay Steel Industries Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	343	383	335	258	249	286	269	248	230	253	246	229	271
Expenses	282	338	263	231	223	245	228	221	195	220	214	202	237
Operating Profit	60	45	72	27	26	41	41	28	35	34	32	27	34
OPM %	18%	12%	21%	11%	11%	14%	15%	11%	15%	13%	13%	12%	13%
Other Income	0	10	3	4	6	1	15	15	9	10	16	21	10
Interest	3	3	2	2	3	2	3	3	3	3	4	3	5
Depreciation	5	7	5	5	6	7	5	5	5	9	6	6	8
Profit before tax	53	44	68	24	23	32	48	35	36	31	39	38	31
Tax %	26%	17%	25%	29%	26%	25%	18%	19%	23%	-22%	20%	17%	28%
Net Profit	39	37	51	17	17	24	40	29	27	37	31	31	22
EPS in Rs	20.63	19.21	26.65	9.01	8.93	12.67	20.76	15.02	14.31	19.62	16.26	16.47	11.79

Last Updated: February 28, 2025, 1:03 pm

Below is a detailed analysis of the quarterly data for Beekay Steel Industries Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 271.00 Cr.. The value appears strong and on an upward trend. It has increased from 229.00 Cr. (Sep 2024) to 271.00 Cr., marking an increase of 42.00 Cr..
For Expenses, as of Dec 2024, the value is 237.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 202.00 Cr. (Sep 2024) to 237.00 Cr., marking an increase of 35.00 Cr..
For Operating Profit, as of Dec 2024, the value is 34.00 Cr.. The value appears strong and on an upward trend. It has increased from 27.00 Cr. (Sep 2024) to 34.00 Cr., marking an increase of 7.00 Cr..
For OPM %, as of Dec 2024, the value is 13.00%. The value appears strong and on an upward trend. It has increased from 12.00% (Sep 2024) to 13.00%, marking an increase of 1.00%.
For Other Income, as of Dec 2024, the value is 10.00 Cr.. The value appears to be declining and may need further review. It has decreased from 21.00 Cr. (Sep 2024) to 10.00 Cr., marking a decrease of 11.00 Cr..
For Interest, as of Dec 2024, the value is 5.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3.00 Cr. (Sep 2024) to 5.00 Cr., marking an increase of 2.00 Cr..
For Depreciation, as of Dec 2024, the value is 8.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 6.00 Cr. (Sep 2024) to 8.00 Cr., marking an increase of 2.00 Cr..
For Profit before tax, as of Dec 2024, the value is 31.00 Cr.. The value appears to be declining and may need further review. It has decreased from 38.00 Cr. (Sep 2024) to 31.00 Cr., marking a decrease of 7.00 Cr..
For Tax %, as of Dec 2024, the value is 28.00%. The value appears to be increasing, which may not be favorable. It has increased from 17.00% (Sep 2024) to 28.00%, marking an increase of 11.00%.
For Net Profit, as of Dec 2024, the value is 22.00 Cr.. The value appears to be declining and may need further review. It has decreased from 31.00 Cr. (Sep 2024) to 22.00 Cr., marking a decrease of 9.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 11.79. The value appears to be declining and may need further review. It has decreased from 16.47 (Sep 2024) to 11.79, marking a decrease of 4.68.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: April 14, 2025, 3:10 am

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	571	549	519	519	721	978	965	812	874	1,296	1,128	1,000	999
Expenses	518	490	459	454	637	845	785	688	739	1,073	961	863	872
Operating Profit	52	59	60	65	84	134	180	124	134	223	167	137	127
OPM %	9%	11%	12%	13%	12%	14%	19%	15%	15%	17%	15%	14%	13%
Other Income	2	2	2	2	3	10	2	2	5	17	13	49	56
Interest	17	20	21	21	19	18	16	10	10	12	10	12	15
Depreciation	9	13	16	16	15	15	16	23	22	22	23	24	30
Profit before tax	28	29	24	30	53	110	150	93	107	207	147	150	138
Tax %	33%	37%	36%	35%	35%	36%	35%	16%	25%	24%	26%	11%
Net Profit	19	18	16	19	34	71	98	78	80	157	109	133	122
EPS in Rs	9.97	9.56	8.18	10.12	18.08	37.12	51.52	40.97	42.19	82.17	57.25	69.72	64.14
Dividend Payout %	-0%	-0%	12%	10%	6%	3%	4%	2%	2%	1%	2%	1%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-5.26%	-11.11%	18.75%	78.95%	108.82%	38.03%	-20.41%	2.56%	96.25%	-30.57%	22.02%
Change in YoY Net Profit Growth (%)	0.00%	-5.85%	29.86%	60.20%	29.88%	-70.80%	-58.44%	22.97%	93.69%	-126.82%	52.59%

Beekay Steel Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	6%
5 Years:	1%
3 Years:	5%
TTM:	-3%

Compounded Profit Growth
10 Years:	18%
5 Years:	0%
3 Years:	8%
TTM:	2%

Stock Price CAGR
10 Years:	25%
5 Years:	27%
3 Years:	9%
1 Year:	-9%

Return on Equity
10 Years:	17%
5 Years:	16%
3 Years:	15%
Last Year:	11%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 5:43 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	19	19	19	19	19	19	19	19	19	19	19	19	19
Reserves	130	148	161	178	213	281	377	451	529	685	792	924	984
Borrowings	141	168	174	164	186	182	121	89	155	276	224	223	239
Other Liabilities	154	131	174	148	104	112	95	82	74	71	88	95	102
Total Liabilities	444	467	528	510	521	595	612	640	778	1,050	1,123	1,262	1,343
Fixed Assets	127	190	198	192	189	187	208	213	207	197	250	322	403
CWIP	61	27	21	24	23	25	23	21	22	23	213	273	259
Investments	0	0	0	0	0	0	0	35	76	105	211	186	215
Other Assets	256	249	309	294	309	382	381	372	473	724	448	480	466
Total Assets	444	467	528	510	521	595	612	640	778	1,050	1,123	1,262	1,343

Below is a detailed analysis of the balance sheet data for Beekay Steel Industries Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹19.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 19.00 Cr..
For Reserves, as of Sep 2024, the value is ₹984.00 Cr.. The value appears strong and on an upward trend. It has increased from 924.00 Cr. (Mar 2024) to ₹984.00 Cr., marking an increase of 60.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹239.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 223.00 Cr. (Mar 2024) to ₹239.00 Cr., marking an increase of 16.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹102.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 95.00 Cr. (Mar 2024) to ₹102.00 Cr., marking an increase of 7.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹1,343.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,262.00 Cr. (Mar 2024) to ₹1,343.00 Cr., marking an increase of 81.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹403.00 Cr.. The value appears strong and on an upward trend. It has increased from 322.00 Cr. (Mar 2024) to ₹403.00 Cr., marking an increase of 81.00 Cr..
For CWIP, as of Sep 2024, the value is ₹259.00 Cr.. The value appears to be declining and may need further review. It has decreased from 273.00 Cr. (Mar 2024) to ₹259.00 Cr., marking a decrease of 14.00 Cr..
For Investments, as of Sep 2024, the value is ₹215.00 Cr.. The value appears strong and on an upward trend. It has increased from 186.00 Cr. (Mar 2024) to ₹215.00 Cr., marking an increase of 29.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹466.00 Cr.. The value appears to be declining and may need further review. It has decreased from 480.00 Cr. (Mar 2024) to ₹466.00 Cr., marking a decrease of 14.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹1,343.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,262.00 Cr. (Mar 2024) to ₹1,343.00 Cr., marking an increase of 81.00 Cr..

Notably, the Reserves (984.00 Cr.) exceed the Borrowings (239.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	63	38	37	45	37	48	56	80	95	-106	404	129
Cash from Investing Activity +	-50	-42	-18	-12	-11	-15	-36	-60	-58	-30	-370	-90
Cash from Financing Activity +	-14	4	-17	-34	-21	-39	-19	-18	-13	110	-37	-38
Net Cash Flow	-1	-1	2	-1	5	-6	1	2	24	-25	-3	1

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-89.00	-109.00	-114.00	-99.00	-102.00	-48.00	59.00	35.00	-21.00	-53.00	-57.00	-86.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	48	44	45	56	43	49	45	43	66	45	57	56
Inventory Days	94	95	139	136	117	96	133	167	164	126	121	137
Days Payable	73	45	86	56	25	20	22	20	23	16	18	32
Cash Conversion Cycle	68	94	98	135	135	125	155	191	207	156	159	161
Working Capital Days	77	92	110	117	113	109	118	136	156	120	117	122
ROCE %	16%	16%	13%	14%	19%	29%	33%	19%	18%	24%	15%	11%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	69.15%	69.15%	69.15%	69.15%	69.15%	69.15%	69.15%	71.49%	71.49%	71.49%	71.49%	71.49%
Public	30.85%	30.85%	30.85%	30.85%	30.84%	30.86%	30.84%	28.49%	28.50%	28.50%	28.50%	28.50%
No. of Shareholders	2,529	2,515	2,954	3,490	3,791	4,041	4,164	4,201	5,629	5,910	6,795	6,933

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	68.36	55.01	82.88	42.77	41.17
Diluted EPS (Rs.)	68.36	55.01	82.88	42.77	41.17
Cash EPS (Rs.)	81.88	69.00	93.39	53.87	53.01
Book Value[Excl.RevalReserv]/Share (Rs.)	492.12	424.37	370.41	288.62	246.89
Book Value[Incl.RevalReserv]/Share (Rs.)	492.12	424.37	370.41	288.62	246.89
Revenue From Operations / Share (Rs.)	524.07	591.08	679.08	457.97	425.32
PBDIT / Share (Rs.)	97.00	94.30	125.88	73.10	65.97
PBIT / Share (Rs.)	82.93	79.96	114.57	61.38	53.89
PBT / Share (Rs.)	76.77	74.70	108.20	56.11	48.53
Net Profit / Share (Rs.)	67.81	54.66	82.08	42.15	40.93
NP After MI And SOA / Share (Rs.)	68.29	54.99	82.61	42.60	41.13
PBDIT Margin (%)	18.50	15.95	18.53	15.96	15.51
PBIT Margin (%)	15.82	13.52	16.87	13.40	12.67
PBT Margin (%)	14.64	12.63	15.93	12.25	11.41
Net Profit Margin (%)	12.93	9.24	12.08	9.20	9.62
NP After MI And SOA Margin (%)	13.03	9.30	12.16	9.30	9.67
Return on Networth / Equity (%)	13.87	12.95	22.30	14.75	16.65
Return on Capital Employeed (%)	15.03	15.89	24.85	19.52	19.23
Return On Assets (%)	10.33	9.32	14.97	10.42	12.22
Long Term Debt / Equity (X)	0.10	0.15	0.21	0.04	0.05
Total Debt / Equity (X)	0.23	0.27	0.38	0.28	0.18
Asset Turnover Ratio (%)	0.83	1.04	1.42	1.23	1.29
Current Ratio (X)	2.61	3.45	3.28	2.95	3.63
Quick Ratio (X)	1.56	2.07	1.67	1.57	1.58
Inventory Turnover Ratio (X)	2.63	2.57	2.82	2.23	2.23
Dividend Payout Ratio (NP) (%)	1.46	1.81	1.20	2.34	4.85
Dividend Payout Ratio (CP) (%)	1.21	1.44	1.06	1.83	3.75
Earning Retention Ratio (%)	98.54	98.19	98.80	97.66	95.15
Cash Earning Retention Ratio (%)	98.79	98.56	98.94	98.17	96.25
Interest Coverage Ratio (X)	15.73	17.93	19.76	13.87	12.32
Interest Coverage Ratio (Post Tax) (X)	12.00	11.39	13.89	8.87	8.64
Enterprise Value (Cr.)	1294.03	993.98	1058.30	666.58	396.06
EV / Net Operating Revenue (X)	1.29	0.88	0.81	0.76	0.48
EV / EBITDA (X)	6.99	5.52	4.40	4.78	3.14
MarketCap / Net Operating Revenue (X)	1.07	0.68	0.60	0.62	0.38
Retention Ratios (%)	98.53	98.18	98.79	97.65	95.14
Price / BV (X)	1.14	0.95	1.12	0.98	0.66
Price / Net Operating Revenue (X)	1.07	0.68	0.60	0.62	0.38
EarningsYield	0.12	0.13	0.19	0.14	0.25

After reviewing the key financial ratios for Beekay Steel Industries Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 68.36. This value is within the healthy range. It has increased from 55.01 (Mar 23) to 68.36, marking an increase of 13.35.
For Diluted EPS (Rs.), as of Mar 24, the value is 68.36. This value is within the healthy range. It has increased from 55.01 (Mar 23) to 68.36, marking an increase of 13.35.
For Cash EPS (Rs.), as of Mar 24, the value is 81.88. This value is within the healthy range. It has increased from 69.00 (Mar 23) to 81.88, marking an increase of 12.88.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 492.12. It has increased from 424.37 (Mar 23) to 492.12, marking an increase of 67.75.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 492.12. It has increased from 424.37 (Mar 23) to 492.12, marking an increase of 67.75.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 524.07. It has decreased from 591.08 (Mar 23) to 524.07, marking a decrease of 67.01.
For PBDIT / Share (Rs.), as of Mar 24, the value is 97.00. This value is within the healthy range. It has increased from 94.30 (Mar 23) to 97.00, marking an increase of 2.70.
For PBIT / Share (Rs.), as of Mar 24, the value is 82.93. This value is within the healthy range. It has increased from 79.96 (Mar 23) to 82.93, marking an increase of 2.97.
For PBT / Share (Rs.), as of Mar 24, the value is 76.77. This value is within the healthy range. It has increased from 74.70 (Mar 23) to 76.77, marking an increase of 2.07.
For Net Profit / Share (Rs.), as of Mar 24, the value is 67.81. This value is within the healthy range. It has increased from 54.66 (Mar 23) to 67.81, marking an increase of 13.15.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 68.29. This value is within the healthy range. It has increased from 54.99 (Mar 23) to 68.29, marking an increase of 13.30.
For PBDIT Margin (%), as of Mar 24, the value is 18.50. This value is within the healthy range. It has increased from 15.95 (Mar 23) to 18.50, marking an increase of 2.55.
For PBIT Margin (%), as of Mar 24, the value is 15.82. This value is within the healthy range. It has increased from 13.52 (Mar 23) to 15.82, marking an increase of 2.30.
For PBT Margin (%), as of Mar 24, the value is 14.64. This value is within the healthy range. It has increased from 12.63 (Mar 23) to 14.64, marking an increase of 2.01.
For Net Profit Margin (%), as of Mar 24, the value is 12.93. This value exceeds the healthy maximum of 10. It has increased from 9.24 (Mar 23) to 12.93, marking an increase of 3.69.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 13.03. This value is within the healthy range. It has increased from 9.30 (Mar 23) to 13.03, marking an increase of 3.73.
For Return on Networth / Equity (%), as of Mar 24, the value is 13.87. This value is below the healthy minimum of 15. It has increased from 12.95 (Mar 23) to 13.87, marking an increase of 0.92.
For Return on Capital Employeed (%), as of Mar 24, the value is 15.03. This value is within the healthy range. It has decreased from 15.89 (Mar 23) to 15.03, marking a decrease of 0.86.
For Return On Assets (%), as of Mar 24, the value is 10.33. This value is within the healthy range. It has increased from 9.32 (Mar 23) to 10.33, marking an increase of 1.01.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.10. This value is below the healthy minimum of 0.2. It has decreased from 0.15 (Mar 23) to 0.10, marking a decrease of 0.05.
For Total Debt / Equity (X), as of Mar 24, the value is 0.23. This value is within the healthy range. It has decreased from 0.27 (Mar 23) to 0.23, marking a decrease of 0.04.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.83. It has decreased from 1.04 (Mar 23) to 0.83, marking a decrease of 0.21.
For Current Ratio (X), as of Mar 24, the value is 2.61. This value is within the healthy range. It has decreased from 3.45 (Mar 23) to 2.61, marking a decrease of 0.84.
For Quick Ratio (X), as of Mar 24, the value is 1.56. This value is within the healthy range. It has decreased from 2.07 (Mar 23) to 1.56, marking a decrease of 0.51.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 2.63. This value is below the healthy minimum of 4. It has increased from 2.57 (Mar 23) to 2.63, marking an increase of 0.06.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 1.46. This value is below the healthy minimum of 20. It has decreased from 1.81 (Mar 23) to 1.46, marking a decrease of 0.35.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 1.21. This value is below the healthy minimum of 20. It has decreased from 1.44 (Mar 23) to 1.21, marking a decrease of 0.23.
For Earning Retention Ratio (%), as of Mar 24, the value is 98.54. This value exceeds the healthy maximum of 70. It has increased from 98.19 (Mar 23) to 98.54, marking an increase of 0.35.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 98.79. This value exceeds the healthy maximum of 70. It has increased from 98.56 (Mar 23) to 98.79, marking an increase of 0.23.
For Interest Coverage Ratio (X), as of Mar 24, the value is 15.73. This value is within the healthy range. It has decreased from 17.93 (Mar 23) to 15.73, marking a decrease of 2.20.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 12.00. This value is within the healthy range. It has increased from 11.39 (Mar 23) to 12.00, marking an increase of 0.61.
For Enterprise Value (Cr.), as of Mar 24, the value is 1,294.03. It has increased from 993.98 (Mar 23) to 1,294.03, marking an increase of 300.05.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 1.29. This value is within the healthy range. It has increased from 0.88 (Mar 23) to 1.29, marking an increase of 0.41.
For EV / EBITDA (X), as of Mar 24, the value is 6.99. This value is within the healthy range. It has increased from 5.52 (Mar 23) to 6.99, marking an increase of 1.47.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.07. This value is within the healthy range. It has increased from 0.68 (Mar 23) to 1.07, marking an increase of 0.39.
For Retention Ratios (%), as of Mar 24, the value is 98.53. This value exceeds the healthy maximum of 70. It has increased from 98.18 (Mar 23) to 98.53, marking an increase of 0.35.
For Price / BV (X), as of Mar 24, the value is 1.14. This value is within the healthy range. It has increased from 0.95 (Mar 23) to 1.14, marking an increase of 0.19.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.07. This value is within the healthy range. It has increased from 0.68 (Mar 23) to 1.07, marking an increase of 0.39.
For EarningsYield, as of Mar 24, the value is 0.12. This value is below the healthy minimum of 5. It has decreased from 0.13 (Mar 23) to 0.12, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Beekay Steel Industries Ltd as of April 24, 2025 is: 434.33

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 24, 2025, Beekay Steel Industries Ltd is Overvalued by 26.38% compared to the current share price 590.00

Intrinsic Value of Beekay Steel Industries Ltd as of April 24, 2025 is: 472.28

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 24, 2025, Beekay Steel Industries Ltd is Overvalued by 19.95% compared to the current share price 590.00

Last 5 Year EPS CAGR: 8.74%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 18.92%, which is a positive sign. The company has higher reserves (450.23 cr) compared to borrowings (180.15 cr), indicating strong financial stability. The company has shown consistent growth in sales (577.69 cr) and profit (97.38 cr) over the years.	The stock has a high average Working Capital Days of 115.58, which may not be favorable. The stock has a high average Cash Conversion Cycle of 140.33, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Beekay Steel Industries Ltd:
1. Net Profit Margin: 12.93%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 15.03% (Industry Average ROCE: 8.73%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 13.87% (Industry Average ROE: 9.17%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 12
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.56
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 9.2 (Industry average Stock P/E: 28.02)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.23
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Beekay Steel Industries Ltd. is a Public Limited Listed company incorporated on 28/03/1981 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is L27106WB1981PLC033490 and registration number is 033490. Currently Company is involved in the business activities of Manufacture of hot-rolled and cold-rolled products of steel. Company's Total Operating Revenue is Rs. 1000.50 Cr. and Equity Capital is Rs. 19.09 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Steel	Lansdowne Towers, Kolkata West Bengal 700020	secretarial@beekaysteel.com http://www.beekaysteel.com

Management
Name	Position Held
Mr. Suresh Chand Bansal	Executive Chairman
Mr. Mukesh Chand Bansal	Executive Director
Mr. Vikas Bansal	Executive Director
Mr. Manav Bansal	WholeTime Director & CFO
Mr. Gautam Bansal	Whole Time Director
Mrs. Shyanthi Dasgupta	Independent Director
Mr. Bharat Kumar Nadhani	Independent Director
Mr. Pranab Kumar Chakrabarty	Independent Director
Ms. Shalini Jain	Independent Director
Mr. Sandip Kumar Kejriwal	Independent Director

FAQ

What is the intrinsic value of Beekay Steel Industries Ltd?

Beekay Steel Industries Ltd's intrinsic value (as of 24 April 2025) is ₹434.33 — 26.38% lower the current market price of 590.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 1,125 Cr. market cap, FY2025-2026 high/low of ₹845/435, reserves of 984 Cr, and liabilities of 1,343 Cr.

What is the Market Cap of Beekay Steel Industries Ltd?

The Market Cap of Beekay Steel Industries Ltd is 1,125 Cr..

What is the current Stock Price of Beekay Steel Industries Ltd as on 24 April 2025?

The current stock price of Beekay Steel Industries Ltd as on 24 April 2025 is 590.

What is the High / Low of Beekay Steel Industries Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Beekay Steel Industries Ltd stocks is ₹845/435.

What is the Stock P/E of Beekay Steel Industries Ltd?

The Stock P/E of Beekay Steel Industries Ltd is 9.20.

What is the Book Value of Beekay Steel Industries Ltd?

The Book Value of Beekay Steel Industries Ltd is 526.

What is the Dividend Yield of Beekay Steel Industries Ltd?

The Dividend Yield of Beekay Steel Industries Ltd is 0.17 %.

What is the ROCE of Beekay Steel Industries Ltd?

The ROCE of Beekay Steel Industries Ltd is 10.7 %.

What is the ROE of Beekay Steel Industries Ltd?

The ROE of Beekay Steel Industries Ltd is 11.2 %.

What is the Face Value of Beekay Steel Industries Ltd?

The Face Value of Beekay Steel Industries Ltd is 10.0.