---
title: "Steel Strips Ltd(Merged) (504717) — Share Price, Financials & Analysis"
symbol: "504717"
company: "Steel Strips Ltd(Merged)"
canonical: "https://tapetide.com/stocks/504717"
isin: "INE01RN01014"
bse_code: "504717"
sector: "Industrials"
industry: "Industrial Products"
generated_at: "2026-09-13T18:49:28.210Z"
---

# Steel Strips Ltd(Merged) (504717)

Canonical page: https://tapetide.com/stocks/504717

## Company

- **BSE Code:** 504717
- **ISIN:** INE01RN01014
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** DELISTED
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** sslindia.net

## About

Steel Strips is did not have any manufacturing activity.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | 76% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.09 | 0.09 | 0.51 | 0.12 | 0.02 | 0.23 | 0.05 | 0.25 | 0.04 | 0.03 | 0.02 | 0.06 |
| Operating Profit | -0.09 | -0.09 | -0.51 | -0.12 | -0.02 | -0.23 | -0.05 | -0.25 | -0.04 | -0.03 | -0.02 | -0.06 |
| Other Income | 0 | 0.9 | 0 | 0 | -0.03 | 0 | 0 | 0 | -0.01 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0.07 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.09 | 0.81 | -0.51 | -0.12 | -0.05 | -0.3 | -0.05 | -0.25 | -0.05 | -0.03 | -0.02 | -0.06 |
| Tax % | 0 | 22.22 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.09 | 0.63 | -0.51 | -0.12 | -0.05 | -0.3 | -0.05 | -0.25 | -0.05 | -0.03 | -0.02 | -0.06 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | -0.01 | 0 | -0.02 | 0 | -0.02 | 0 | 0 | 0 | 0 |
| Expenses | 0.08 | 0.14 | 0.15 | 0.29 | 0.68 | 0.87 | 0.53 | 0.89 | 0.37 | 0.15 |
| Operating Profit | -0.08 | -0.15 | -0.15 | -0.31 | -0.68 | -0.89 | -0.53 | -0.89 | -0.37 | -0.15 |
| Other Income | 0.03 | 0.04 | 0.03 | 0.44 | 0.18 | 1.79 | 2.8 | 0 | -0.01 | -0.01 |
| Interest | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.06 | -0.11 | -0.12 | 0.13 | -0.5 | 0.9 | 2.27 | -0.99 | -0.38 | -0.16 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 7.93 | 0 | 0 | — |
| Net Profit | -0.06 | -0.11 | -0.12 | 0.13 | -0.5 | 0.9 | 2.09 | -0.99 | -0.38 | -0.16 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 8.28 | 8.28 | 8.28 | 8.28 | 8.28 | 8.28 | 8.28 | 8.28 | 8.28 | 8.28 |
| Reserves | -10.48 | -10.54 | -10.65 | -10.76 | -10.63 | -11.13 | -10.22 | -8.13 | -9.12 | -9.5 |
| Borrowings | 0.05 | 0.16 | 0.11 | 0.07 | 0.07 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 2.19 | 2.13 | 2.29 | 2.45 | 2.33 | 2.9 | 2.33 | 1.62 | 1.62 | 1.71 |
| Total Liabilities | 0.04 | 0.03 | 0.03 | 0.04 | 0.05 | 0.05 | 0.39 | 1.77 | 0.78 | 0.49 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0.04 | 0.03 | 0.03 | 0.04 | 0.05 | 0.05 | 0.39 | 1.77 | 0.78 | 0.49 |
| Total Assets | 0.04 | 0.03 | 0.03 | 0.04 | 0.05 | 0.05 | 0.39 | 1.77 | 0.78 | 0.49 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | -0.1 | -0.14 | -0.11 | 0.15 | 0.06 | 1.51 | 1.16 | -1.03 | -0.32 |
| Cash from Investing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | 0 | 0.1 | 0.14 | 0.11 | -0.15 | -0.07 | 0 | 0.2 | 0 | 0 |
| Net Cash Flow | 0 | 0 | 0 | 0.01 | 0 | 0 | 1.51 | 1.36 | -1.03 | -0.32 |
| Free Cash Flow | 0 | -0.1 | -0.14 | -0.11 | 0.15 | 0.06 | 1.51 | 1.16 | -1.03 | -0.32 |
| CFO/OP | 0 | 125 | 80 | 73 | -48 | -9 | -170 | -253 | 116 | 86 |

### Ratios

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | — | 0 | — | 0 | — | 0 | — | — | — |
| Inventory Days | — | — | 0 | — | 0 | — | 0 | — | — | — |
| Cash Conversion Cycle | — | — | 0 | — | 0 | — | 0 | — | — | — |
| Working Capital Days | — | — | 0 | — | -182.5 | — | 730 | — | — | — |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Sep 2021 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 33.43% | 33.43% | 33.43% | 33.43% | 33.43% | 33.43% |
| DIIs | 5.36% | 5.36% | 5.36% | 5.36% | 5.36% | 5.36% |
| Public | 61.21% | 61.21% | 61.21% | 61.21% | 61.21% | 61.21% |
| No. of Shareholders | 23055 | 23048 | 23008 | 23002 | 22998 | 23001 |

### Quarterly

| Category | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 33.43% | 33.43% | 33.43% | 33.43% | 33.43% | 33.43% | 33.43% | 33.43% | 33.43% | 33.43% | 33.43% | 33.43% |
| DIIs | 5.36% | 5.36% | 5.36% | 5.36% | 5.36% | 5.36% | 5.36% | 5.36% | 5.36% | 5.36% | 5.36% | 5.36% |
| Public | 61.21% | 61.21% | 61.21% | 61.21% | 61.21% | 61.21% | 61.21% | 61.21% | 61.21% | 61.21% | 61.21% | 61.21% |
| No. of Shareholders | 23023 | 23008 | 23006 | 23006 | 23005 | 23002 | 23002 | 22997 | 22998 | 22998 | 22998 | 23001 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 11 / 7 / 1

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 2973.02 | Buy |
| EMA (10) | 2966.52 | Buy |
| SMA (20) | 2953.84 | Buy |
| EMA (20) | 2938.92 | Buy |
| SMA (50) | 2846.12 | Buy |
| EMA (50) | 2849.85 | Buy |
| SMA (100) | 2694.58 | Buy |
| EMA (100) | 2759.91 | Buy |
| SMA (200) | 2644.31 | Buy |
| EMA (200) | 2722.58 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 59.17 | Neutral |
| MACD (12,26,9) | 42.38 | Sell |
| Stochastic (14,3,3) | 65.22 | Neutral |
| ADX (14) | 21.26 | Neutral |
| Williams %R (14) | -24.15 | Neutral |
| ATR (14) | 80.62 | Neutral |
| ROC (12) | 1.36 | Buy |
| Stoch RSI (14) | 38.03 | Neutral |
| UO (7,14,28) | 63.19 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 27 Oct 2021 - Submission of Newspaper Cutting of Intimation of Approval of Scheme & Fixation of Record Date | [Announcement under Regulation 30 (LODR)-Newspaper Publication 27 Oct 2021 - Submission of Newspaper Cutting of Intimation of Approval of Scheme & Fixation of Record Date](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=54a8da61-9e17-4dbb-9f66-0023251834ed.pdf) |
| 27 Oct 2021 - Submission of Newspaper Cutting of Intimation of Approval of Scheme & Fixation of Record Date | [Announcement under Regulation 30 (LODR)-Newspaper Publication 27 Oct 2021 - Submission of Newspaper Cutting of Intimation of Approval of Scheme & Fixation of Record Date](https://www.bseindia.com/xml-data/corpfiling/AttachHis/54a8da61-9e17-4dbb-9f66-0023251834ed.pdf) |
| 15 Nov 2021 - Submission of Newspaper Cutting of Extract of Unaudited Financial Results for the quarter and half year ended September 30, 2021 under Reg. 47 of SEBI … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Nov 2021 - Submission of Newspaper Cutting of Extract of Unaudited Financial Results for the quarter and half year ended September 30, 2021 under Reg. 47 of SEBI …](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6eeb8fe4-023d-4ff8-be60-1a5e26a52a67.pdf) |
| 15 Nov 2021 - Submission of Newspaper Cutting of Extract of Unaudited Financial Results for the quarter and half year ended September 30, 2021 under Reg. 47 of SEBI … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Nov 2021 - Submission of Newspaper Cutting of Extract of Unaudited Financial Results for the quarter and half year ended September 30, 2021 under Reg. 47 of SEBI …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6eeb8fe4-023d-4ff8-be60-1a5e26a52a67.pdf) |
| — | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 6 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/714F192D_28AF_4CFC_A249_49CA561E5C6B_110709.pdf) |
| — | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 4 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5978715F_D9F0_4D92_B85D_C1F3F0DEB955_101909.pdf) |
| — | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 4 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/497A5C89_CD99_4061_AEF3_8C45E3408A1D_102450.pdf) |
| — | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 30 Jan](https://www.bseindia.com/xml-data/corpfiling/AttachHis/DF24A883_E0E7_467A_B683_2E6127831BEE_111326.pdf) |
| — | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 30 Jan](https://www.bseindia.com/xml-data/corpfiling/AttachHis/EC9453A7_1477_42BF_B0B2_5B7E1BE7F978_111620.pdf) |
| — | [Disclosure Under Regulation 23(9) Of SEBI (LODR) Regulations, 2015 For The Half Year Ended 30Th September, 2021. 7 Dec 2021](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=146246ba-04b7-49ac-acb3-c6dac11dcdc0.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2bcb1a3a-b22c-46ec-9639-532cf610e088.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f58cb680-83a8-4c5a-b76d-4fd3642879e0.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/39b1f6d9-e5a9-4797-b18e-4ccb8975e1af.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/99beaacc-d63d-4603-9446-f5cbec91be6b.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/504717/67766504717.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/504717/5047170319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/504717/5047170318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/504717/5047170317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/504717/5047170316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/504717/5047170315.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:49:28.210Z.