On 6 Nov 2026, Beekay Steel Industries was priced at ₹409.75, or 18.2× trailing earnings, against an industry P/E of 19.9×, and the shares are 15% below their 52-week high. Sales grew 2.3% a year over 3 years while net profit fell 30%; its ROCE of 6.4% is the lowest among the 7 largest Steel peers. Debt is 0.32× equity, and its dividend yield is 0.2%. It is a small-cap company with a market cap of ₹776 Cr, ranked 64th of 150 Steel companies by market cap; the shares fell 3.4% over the past year.
- ₹415.95
- ₹415.95
- ₹395.20
- ₹403.80
- 587
Health check
- ReturnsBehind
−3.4% over a year, better than 1 of 7 peers.
- Price tagIn line
P/E 18.2 vs industry 19.9.
- GrowthSlow
Sales +2.3%, profit −30.0% a year over 3 years.
- ProfitabilityWeak
ROCE 6.4% vs peer median 18.7%.
- Balance sheetFair
Debt 0.32× equity, interest covered 3.1×, Piotroski 6 of 9.
- Red flags1 to check
Return on equity is low at 3.5%.
Small cap
Defensive
Key metrics
- Market cap
- ₹776 Cr
- Small cap
- P/E
- 18.2
- Industry 19.9
- Price to book
- 0.73
- Peers 2.28
- Dividend yield
- 0.24%
- ROE
- 3.5%
- Peers 23.4%
- ROCE
- 6.4%
- Peers 18.7%
- Debt to equity
- 0.32
- Debt ₹332 Cr
- EPS (TTM)
- ₹22.57
- Face value ₹10
- OPM (TTM)
- 7.7%
- Net margin 3.4%
- Sales growth
- +32.5%
- Latest quarter vs a year ago
- Profit growth
- +23.3%
- Latest quarter vs a year ago
- Price to sales
- 0.61
- EV/EBITDA 8.7
Strengths and risks
Strengths
- Quarterly profit up 23.3% on a year ago.
- Quarterly sales up 32.5% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 3.5%.
About Beekay Steel Industries
Beekay Steel Industries Limited manufactures and sells steel products for the railway, infrastructure, housing, automobile, and engineering sectors in India. The company offers flat, round, square, round corner square, hexagonal, octagonal, and trapezium sections. It also provides flat, round, square, and hexagonal bright bars, which are cold drawn/ground/peeled plain bars produced from hot rolled plain bars/wire rods; structural hot rolled steel…
- Headquarters
- Kolkata
- Employees
- 1,023
- Sector
- Basic Materials
- ISIN
- INE213D01015
- Website
- beekaysteel.com
Price range
- Avg volume (3M)
- 2.6K
- 1-year return
- minus 3.4%
- From 52-week high
- minus 14.6%
Peers · Steel
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| JSWSTEELJSW Steel | 1,357.10 | plus 0.11% | 3,31,265 | 11.7 | 12.2 | 18.7% | 17.7% | 0.62 | 3.6% | plus 14.7% |
| TATASTEELTata Steel | 186.30 | plus 2.36% | 2,32,397 | 21.1 | 9.1 | 11.3% | 15.2% | 0.89 | −1.6% | plus 1.5% |
| JINDALSTELJindal Steel | 1,165.00 | plus 1.31% | 1,18,594 | 41.5 | 14.9 | 7.5% | 15.9% | 0.42 | −13.1% | plus 6.4% |
| LLOYDSMELloyds Metals And Energy | 1,785.50 | minus 1.38% | 1,00,482 | 19.1 | 18.8 | 19.4% | 37.4% | 1.23 | 71.3% | plus 37.4% |
| SAILSteel Authority of India | 171.60 | minus 0.41% | 70,880 | 12.6 | 8.1 | 7.2% | 12.9% | 0.50 | 2.0% | plus 24.7% |
| NMDCNMDC | 70.40 | minus 0.01% | 61,894 | 8.3 | 6.2 | 28.4% | 30.0% | 0.19 | 22.0% | minus 5.2% |
| APLAPOLLOAPL Apollo Tubes | 2,185.30 | minus 0.41% | 60,677 | 46.3 | 32.7 | 28.0% | 8.2% | 0.17 | 12.6% | plus 23.3% |
| BEEKAYBeekay Steel Industries | 409.75 | plus 1.47% | 781 | 18.2 | 11.0 | 6.4% | 9.3% | 0.32 | 2.3% | minus 3.4% |
| Median of 7 peers | – | −0.01% | 1,00,482 | 19.1 | 12.2 | 18.7% | 15.9% | 0.50 | 3.6% | 14.7% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 283 | 266 | 288 | 339 | 375 | |
| 265 | 245 | 256 | 334 | 334 | |
| 17.8 | 20.6 | 32.1 | 4.6 | 40.6 | |
| 6.3% | 7.7% | 11.1% | 1.4% | 10.8% | |
| 30.8 | 6.7 | 3.7 | 0.4 | 24 | |
| 4 | 5.9 | 6.9 | 6.8 | 6.7 | |
| 8.8 | 9.2 | 11.4 | 13.4 | 10.7 | |
| – | – | – | −0.4 | – | |
| 35.7 | 12.2 | 17.4 | −15.6 | 47.2 | |
| 14.0% | 6.6% | 22.8% | −27.8% | 19.8% | |
| 30.7 | 11.4 | 13.4 | −19.9 | 37.8 | |
| 16.34 | 6.10 | 7.26 | -10.75 | 19.96 |
Profit & loss
- Sales CAGR 3Y
- +2.3%
- Profit CAGR 3Y
- −30.0%
- EPS CAGR 3Y
- −30.2%
- ROE
- 3.5%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,040 | 931 | 1,007 | 1,113 | |
| – | minus 10.5% | +8.1% | +10.6% | |
| 873 | 795 | 884 | 1,018 | |
| 167 | 137 | 123 | 94.6 | |
| 16.1% | 14.7% | 12.2% | 8.5% | |
| 2.8 | 4.3 | 3.3 | 3.9 | |
| 9.6 | 11 | 16.8 | 23.1 | |
| 27.4 | 26.9 | 33.2 | 42.9 | |
| 9.4 | 43.2 | 34.2 | 17.3 | |
| 143 | 147 | 110 | 49.7 | |
| 26.1% | 11.8% | 20.7% | 28.7% | |
| 106 | 130 | 89.1 | 36.3 | |
| – | +22.7% | minus 31.5% | minus 59.2% | |
| 55.60 | 68.36 | 46.44 | 18.94 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 19.1 | 19.1 | 19.1 | 19.1 | |
| 791 | 920 | 993 | 1,027 | |
| 246 | 246 | 299 | 332 | |
| 69.1 | 75.9 | 122 | 168 | |
| 1,125 | 1,262 | 1,433 | 1,547 | |
| 485 | 649 | 710 | 746 | |
| 220 | 316 | 245 | 74.3 | |
| 55.1 | 49.1 | 136 | 118 | |
| 140 | 123 | 59.8 | 72.5 | |
| 226 | 125 | 283 | 536 | |
| 1,125 | 1,262 | 1,433 | 1,547 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 408 | 129 | 147 | 146 | |
| −373 | −90.4 | −107 | −86 | |
| −37.3 | −38.3 | −40.6 | −59.9 | |
| −2.6 | 0.5 | −0.6 | −0.1 | |
| −287 | −158 | −109 | −105 | |
| 121 | −28.5 | 38 | 40.6 | |
| −1.9 | −1.9 | −1.9 | −1.9 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.