---
title: "Facor Steels Ltd (532657) — Share Price, Financials & Analysis"
symbol: "532657"
company: "Facor Steels Ltd"
canonical: "https://tapetide.com/stocks/532657"
isin: "INE829G01011"
bse_code: "532657"
sector: "Industrials"
industry: "Industrial Products"
generated_at: "2026-09-13T18:37:34.446Z"
---

# Facor Steels Ltd (532657)

Canonical page: https://tapetide.com/stocks/532657

## Company

- **BSE Code:** 532657
- **ISIN:** INE829G01011
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2005-08-04
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** facorsteel.com

## About

Facor Steels Ltd, incorporated in India, listed on the Bombay Stock Exchange Limited, the company is engaged in Steel Product

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -64.6% over past five years.
- Contingent liabilities of Rs.3.23 Cr.
- Company has high debtors of 732 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 40% | 13% | — |
| revenue growth | -59% | -82% | -65% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 32.85 | 20.95 | 8.79 | 0.16 | -0.3 | 0.22 | 0.8 | 0.22 | 0.26 | 0 | 0.13 | 0 |
| Expenses | 36.46 | 28.25 | 12.33 | 3.66 | 4.6 | 2.04 | 1.86 | 1.08 | 2.89 | 0.26 | 0.5 | 0.13 |
| Operating Profit | -3.61 | -7.3 | -3.54 | -3.5 | -4.9 | -1.82 | -1.06 | -0.86 | -2.63 | -0.26 | -0.37 | -0.13 |
| OPM % | -10.99 | -34.84 | -40.27 | -2187.5 | — | -827.27 | -132.5 | -390.91 | -1011.54 | — | -284.62 | — |
| Other Income | 0.13 | 0.28 | 0.03 | 0.11 | 18.83 | 0.06 | 0.27 | 0 | 0.06 | 0.1 | 0.01 | 0.11 |
| Interest | 2.64 | 2.22 | 2.22 | 1.74 | 1.64 | 1.95 | 0.57 | 0.93 | 0.65 | 0.97 | 0.97 | 0.97 |
| Depreciation | 1.34 | 1.02 | 1.04 | 0.95 | 1.68 | 1.05 | 1.05 | 1.05 | 1.05 | 1.02 | 1.02 | 1.02 |
| Profit before tax | -7.46 | -10.26 | -6.77 | -6.08 | 10.61 | -4.76 | -2.41 | -2.84 | -4.27 | -2.15 | -2.35 | -2.01 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -7.46 | -10.26 | -6.78 | -6.08 | 10.61 | -4.75 | -2.41 | -2.84 | -4.26 | -2.15 | -2.35 | -2.01 |
| EPS in Rs | -0.36 | -0.5 | -0.33 | -0.29 | 0.51 | -0.23 | -0.12 | -0.14 | -0.21 | -0.1 | -0.11 | -0.1 |

### Profit & Loss

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

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 469 | 365 | 220 | 268 | 314 | 248 | 66 | 30 | 2 | 0 |
| Expenses | 466 | 362 | 226 | 266 | 310 | 263 | 81 | 49 | 8 | 4 |
| Operating Profit | 3 | 3 | -7 | 2 | 4 | -15 | -15 | -19 | -6 | -3 |
| OPM % | 0.7 | 0.8 | -3 | 0.7 | 1.2 | -6 | -23 | -64 | -424 | -869 |
| Other Income | 11 | 6 | 12 | 10 | 1 | 1 | 0 | 19 | 0 | 0 |
| Interest | 8 | 10 | 7 | 7 | 8 | 10 | 8 | 8 | 4 | 4 |
| Depreciation | 3 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
| Profit before tax | 3 | -4 | -6 | -1 | -9 | -30 | -28 | -13 | -14 | -11 |
| Tax % | 18 | 25 | 12 | 327 | 0 | -16 | 0 | 0 | 0 | — |
| Net Profit | 3 | -5 | -7 | -4 | -9 | -25 | -28 | -13 | -14 | -11 |
| EPS in Rs | — | — | — | — | -0.42 | -1.21 | -1.36 | -0.61 | -0.69 | -0.52 |
| 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 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Sep 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 53 |
| Reserves | 4 | -1 | -8 | -11 | -20 | -45 | -73 | -86 | -100 | -104 |
| Borrowings | 57 | 79 | 70 | 86 | 92 | 117 | 125 | 115 | 118 | 66 |
| Other Liabilities | 99 | 59 | 85 | 87 | 94 | 28 | 61 | 21 | 22 | 41 |
| Total Liabilities | 181 | 158 | 169 | 182 | 187 | 121 | 134 | 71 | 61 | 57 |
| Fixed Assets | 27 | 33 | 35 | 60 | 58 | 53 | 51 | 46 | 42 | 40 |
| CWIP | 11 | 25 | 31 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 |
| Other Assets | 143 | 96 | 99 | 118 | 125 | 63 | 79 | 21 | 15 | 13 |
| Total Assets | 181 | 158 | 169 | 182 | 187 | 121 | 134 | 71 | 61 | 57 |

### Cash Flow

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

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -1 | -2 | 1 | 18 | -1 | 8 | -10 | -2 | 2 | 1 |
| Cash from Investing Activity | -2 | -13 | -28 | -11 | 0 | -3 | -1 | -2 | 0 | 0 |
| Cash from Financing Activity | 4 | 23 | 21 | -9 | 1 | -4 | 16 | 0 | -4 | -1 |
| Net Cash Flow | 0 | 7 | -5 | -1 | -1 | 1 | 5 | -5 | -2 | 0 |
| Free Cash Flow | -4 | -15 | -22 | 7 | -1 | 5 | -11 | -5 | 1 | 1 |
| CFO/OP | -4 | -39 | 58 | -277 | -64 | 190 | 70 | 13 | -12 | -19 |

### Ratios

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 17 | 19 | 19 | 52 | 37 | 29 | 16 | 69 | 50 | 732 |
| Inventory Days | 71 | 84 | 79 | 136 | 156 | 141 | 63 | 465 | 130 | 2385 |
| Days Payable | 77 | 92 | 72 | 197 | 165 | 150 | 51 | 556 | 217 | 5314 |
| Cash Conversion Cycle | 11 | 11 | 27 | -9 | 28 | 20 | 28 | -22 | -37 | -2197 |
| Working Capital Days | 24 | 27 | 34 | 22 | -10 | -8 | -10 | -113 | -515 | -7765 |
| ROCE % | 23 | 16 | 6 | 2 | 7 | -1 | -21 | -24 | -37 | -23 |

## Shareholding Pattern

### annual

| Category | Mar 2016 | Mar 2017 |
| --- | --- | --- |
| Promoters | 66.18% | 66.18% |
| DIIs | 0.01% | 0.01% |
| Public | 33.81% | 33.81% |
| No. of Shareholders | 52221 | 52221 |

### Quarterly

| Category | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 66.18% | 66.18% | 66.18% | 66.18% | 66.18% |
| DIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Public | 33.81% | 33.81% | 33.81% | 33.81% | 33.81% |
| No. of Shareholders | 52221 | 52221 | 52221 | 52221 | 52221 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 0.29 | Sell |
| EMA (10) | 0.29 | Sell |
| SMA (20) | 0.31 | Sell |
| EMA (20) | 0.3 | Sell |
| SMA (50) | 0.29 | Sell |
| EMA (50) | 0.3 | Sell |
| SMA (100) | 0.3 | Sell |
| EMA (100) | 0.31 | Sell |
| SMA (200) | 0.33 | Sell |
| EMA (200) | 0.33 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 37.97 | Neutral |
| MACD (12,26,9) | -0.01 | Sell |
| Stochastic (14,3,3) | 11.11 | Buy |
| ADX (14) | 17.47 | Neutral |
| Williams %R (14) | -88.89 | Buy |
| ATR (14) | 0.01 | High Volatility |
| ROC (12) | -18.18 | Sell |
| Stoch RSI (14) | 5.88 | Buy |
| UO (7,14,28) | 38.37 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 24 Feb - Acuite reaffirmed Lux Industries' bank facilities: Rs464.18Cr LT AA (Stable), Rs1.50Cr ST A1+ (Stable) on Feb 24, 2026. | [Announcement under Regulation 30 (LODR)-Credit Rating 24 Feb - Acuite reaffirmed Lux Industries' bank facilities: Rs464.18Cr LT AA (Stable), Rs1.50Cr ST A1+ (Stable) on Feb 24, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dd563950-ad7b-4dd3-8730-91083521f26d.pdf) |
| 16 Feb - Newspaper Publication of the Unaudited Financial Results of the Company for the quarter and nine months ended December 31, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Feb - Newspaper Publication of the Unaudited Financial Results of the Company for the quarter and nine months ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4a81ace2-9655-4811-937c-b38b672bbcbe.pdf) |
| 14 Feb - Unaudited quarter/nine-month results to Dec 31, 2025; Rs6.11 Cr exceptional items; SMP designated Feb 14, 2026. | [Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Nine Months Ended December 31, 2025 14 Feb - Unaudited quarter/nine-month results to Dec 31, 2025; Rs6.11 Cr exceptional items; SMP designated Feb 14, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d86c69b4-691d-4af0-9d90-bc79797c4a5c.pdf) |
| 14 Feb - Approved unaudited Q3/9M results to Dec 31, 2025; total income ~Rs.2,076.5cr; Prathistha Dobhal designated SMP Feb 14, 2026. | [Corrigendum To Outcome Along With Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Nine Months Ended December 31, 2025 14 Feb - Approved unaudited Q3/9M results to Dec 31, 2025; total income ~Rs.2,076.5cr; Prathistha Dobhal designated SMP Feb 14, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6936f254-4b4a-4173-a99d-c440decef032.pdf) |
| 14 Feb - Approved unaudited Q3/9M FY26 results: 9M revenue Rs2,076.65cr; 9M net profit Rs61.08cr; SMP appointed Feb 14, 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 14 Feb - Approved unaudited Q3/9M FY26 results: 9M revenue Rs2,076.65cr; 9M net profit Rs61.08cr; SMP appointed Feb 14, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0e44fc8d-80a4-48fa-bd6e-213f9e1391ca.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Investor Presentation 14 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a1951a0e-254e-412f-8522-55b56ed6c2ae.pdf) |
| — | [Intimation of Initiation of Commencement of Liquidation Process and appointment of Sunil Gajanan Nanal as Liquidator in the matter of Facor Steels Ltd 20 Aug 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1227A788_082B_40A9_850A_1AFEAD814359_163104.pdf) |
| — | [Intimation of Initiation of Commencement of Liquidation Process and appointment of Sunil Gajanan Nanal as Liquidator in the matter of Facor Steels Ltd 20 Aug 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/8/1227A788_082B_40A9_850A_1AFEAD814359_163104.pdf) |
| — | [Outcome of Board Meeting 9 Feb 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=B03719E8_033F_424C_A96B_A8EDA4DA457A_100752.pdf) |
| — | [Outcome of Board Meeting 9 Feb 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/2/B03719E8_033F_424C_A96B_A8EDA4DA457A_100752.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2017 | [Concall - Sep 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/9/239a8493-6a50-4f89-8521-3e0f150cc72e.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ab6bd376-e918-418d-9295-fb17d3727a4b.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8e55933f-8fd3-4c2d-9422-4117229be50c.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/575d8d4b-3baf-4fc5-8faa-ccbaa77b9eae.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9c451afe-5741-43a4-b608-26c862cfb1e8.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b9923ea1-568e-4fc6-9366-6aec0c82bc98.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a872bd7b-a14d-4afc-a986-e3d5b80baa9b.pdf) |
| Jun 2024 | [Concall - Jun 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9ad9cee9-2073-4fb4-8bf0-fb7346b5c29a.pdf) |
| Jun 2022 | [Concall - Jun 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/965ebe87-da61-467a-b928-f8d5b318177b.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/66433f71-6587-4c2b-9afd-7a2b8231d30f.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/01d8883a-3d18-4718-b25f-777b6ca0bc87.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8d358ae9-36e7-4c44-ae80-93ff1071eb5d.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/426007d0-aa6b-4be9-a1bc-4baa16e9ddf1.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/539542/74809539542_16_09_22.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/539542/70859539542.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/539542/65418539542.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/539542/5395420319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/539542/5395420318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/539542/5395420317.pdf) |
| from bse | [Financial Year 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/539542/5395420316.pdf) |

---

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 2026-09-13T18:37:34.446Z.