---
title: "Ensa Steel Industries Ltd (939) — Share Price, Financials & Analysis"
symbol: "939"
company: "Ensa Steel Industries Ltd"
canonical: "https://tapetide.com/stocks/939"
sector: "Industrials"
industry: "Industrial Products"
generated_at: "2026-09-13T18:48:52.821Z"
---

# Ensa Steel Industries Ltd (939)

Canonical page: https://tapetide.com/stocks/939

## Company

- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** ensasteel.com

## About

Ensa Steel Industries Ltd. is engaged into manufacturing and trading of Steel and Steel Alloys

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -48.6% over past five years.
- Company has a low return on equity of -0.53% over last 3 years.
- Company has high debtors of 388 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 82% | 25% | 14% |
| revenue growth | -52% | -38% | -49% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.07 | 0.1 | 0.08 | 0.08 | 0.08 | 0.07 | 0.08 | 0.04 | 0.04 | 0.04 | 0.04 | 0.01 |
| Expenses | 0.12 | 0.13 | 0.1 | 0.1 | 0.1 | 0.09 | 0.07 | 0.08 | 0.05 | 0.04 | 0.04 | 0.03 |
| Operating Profit | -0.05 | -0.03 | -0.02 | -0.02 | -0.02 | -0.02 | 0.01 | -0.04 | -0.01 | 0 | 0 | -0.02 |
| OPM % | -71.43 | -30 | -25 | -25 | -25 | -28.57 | 12.5 | -100 | -25 | 0 | 0 | -200 |
| Other Income | 0 | 0 | 0 | -1.18 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.12 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.17 | -0.06 | -0.05 | -1.23 | -0.05 | -0.05 | -0.02 | -0.04 | -0.01 | 0 | 0 | -0.02 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — | 0 |
| Net Profit | -0.17 | -0.06 | -0.06 | -1.23 | -0.06 | -0.05 | -0.02 | -0.04 | -0.01 | 0 | 0 | -0.02 |
| EPS in Rs | — | — | — | — | — | — | — | — | — | — | — | -0.04 |

### Profit & Loss

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

| Item | Jun 2009 | Jun 2010 | Jun 2011 | Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 9m | Mar 2017 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 7.04 | 6.33 | 4.45 | 1.34 | 0.68 | 0.6 | 0.33 | 0.24 | 0.16 | 0.13 |
| Expenses | 6.24 | 5.45 | 4.45 | 1.36 | 0.75 | 0.65 | 0.45 | 0.27 | 0.21 | 0.16 |
| Operating Profit | 0.8 | 0.88 | 0 | -0.02 | -0.07 | -0.05 | -0.12 | -0.03 | -0.05 | -0.03 |
| OPM % | 11.36 | 13.9 | 0 | -1.49 | -10.29 | -8.33 | -36.36 | -12.5 | -31.25 | -23.08 |
| Other Income | 0.03 | 0.02 | 0 | 0 | 0 | 0 | -1.18 | 0 | 0 | 0 |
| Interest | 0.03 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1.26 | 1.09 | 0.94 | 0.81 | 0.7 | 0.56 | 0.22 | 0.1 | 0 | 0 |
| Profit before tax | -0.46 | -0.19 | -0.94 | -0.83 | -0.77 | -0.61 | -1.52 | -0.13 | -0.05 | -0.03 |
| Tax % | 2.17 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | -0.47 | -0.19 | -0.94 | -0.83 | -0.77 | -0.61 | -1.52 | -0.13 | -0.05 | -0.03 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Jun 2008 | Jun 2009 | Jun 2010 | Jun 2011 | Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4.78 | 4.78 | 4.78 | 4.78 | 4.78 | 4.78 | 4.78 | 4.78 | 4.78 | 4.78 |
| Reserves | 63.85 | 63.38 | 63.19 | 62.25 | 61.42 | 60.65 | 60.04 | 28.83 | 28.7 | 28.65 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0.64 | 0.47 | 0.39 | 0.3 | 0.16 | 0.16 | 0.15 | 0.16 | 0.16 | 0.15 |
| Total Liabilities | 69.27 | 68.63 | 68.36 | 67.33 | 66.36 | 65.59 | 64.97 | 33.77 | 33.64 | 33.58 |
| Fixed Assets | 9.23 | 7.97 | 6.89 | 5.95 | 5.14 | 4.45 | 3.88 | 8.19 | 8.1 | 8.1 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.23 | 0.23 | 0.04 | 0.05 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 59.81 | 60.43 | 61.43 | 61.33 | 61.22 | 61.14 | 61.09 | 25.58 | 25.54 | 25.48 |
| Total Assets | 69.27 | 68.63 | 68.36 | 67.33 | 66.36 | 65.59 | 64.97 | 33.77 | 33.64 | 33.58 |

### Cash Flow

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

| Item | Jun 2008 | Jun 2009 | Jun 2010 | Jun 2011 | Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.3 | -0.12 | -0.21 | -0.25 | -0.13 | 0 | 0 | -0.01 | -0.04 | -0.05 |
| Cash from Investing Activity | 0 | 0 | 0.18 | 0 | 0.05 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 0.07 |
| Net Cash Flow | -0.3 | -0.12 | -0.03 | -0.25 | -0.08 | 0 | 0 | -0.01 | -0.01 | 0.02 |
| Free Cash Flow | -0.3 | -0.12 | -0.21 | -0.25 | -0.13 | 0 | 0 | -0.01 | -0.04 | -0.05 |
| CFO/OP | -15 | -15 | -24 | — | 650 | 0 | 0 | 8 | 133 | 100 |

### Ratios

| Item | Jun 2008 | Jun 2009 | Jun 2010 | Jun 2011 | Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 151.5 | 207.39 | 178.75 | 200.96 | 136.19 | 91.25 | 121.67 | 199.09 | 273.75 | 387.81 |
| Inventory Days | 528.92 | 835.25 | 890.54 | 740.48 | 2334.62 | 4271.85 | 4919.2 | 31.74 | 64.41 | 56.15 |
| Days Payable | 11.44 | 11.2 | 11.98 | 16.2 | 10.33 | 27.04 | 24.89 | 47.61 | 64.41 | 28.08 |
| Cash Conversion Cycle | 668.98 | 1031.44 | 1057.31 | 925.24 | 2460.49 | 4336.06 | 5015.98 | 183.22 | 273.75 | 415.89 |
| Working Capital Days | 2047.2 | 3095.76 | 3507 | 5008.29 | 16661.98 | 32790.96 | 37138.75 | 28226.67 | 38796.46 | 58035 |
| ROCE % | 0.82 | -0.63 | -0.28 | -1.39 | -1.25 | -1.17 | -0.94 | -0.69 | -0.26 | -0.15 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Dec 2017 |
| --- | --- | --- |
| Promoters | 28.32% | 28.32% |
| DIIs | 0.01% | 0.01% |
| Public | 71.67% | 71.67% |
| No. of Shareholders | 10881 | 10867 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 29.59% | 29.59% | 29.59% | 28.32% | 28.32% | 28.32% | 28.32% |
| DIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Public | 70.4% | 70.4% | 70.4% | 71.67% | 71.67% | 71.67% | 71.67% |
| No. of Shareholders | 10876 | 10869 | 10898 | 10881 | 10866 | 10870 | 10867 |

## 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) | 54.44 | Sell |
| EMA (10) | 54.08 | Sell |
| SMA (20) | 56.27 | Sell |
| EMA (20) | 55.57 | Sell |
| SMA (50) | 57.57 | Sell |
| EMA (50) | 57.67 | Sell |
| SMA (100) | 62.57 | Sell |
| EMA (100) | 58.89 | Sell |
| SMA (200) | 58.29 | Sell |
| EMA (200) | 58.94 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 35.95 | Neutral |
| MACD (12,26,9) | -1.64 | Sell |
| Stochastic (14,3,3) | 30.22 | Neutral |
| ADX (14) | 36.53 | Buy |
| Williams %R (14) | -80.62 | Buy |
| ATR (14) | 3.9 | High Volatility |
| ROC (12) | -15.28 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 48.3 | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport//5121350317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport//5121350316.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport//5121350614.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport//5121350613.pdf) |
| from bse | [Annual Report 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport//5121350612.pdf) |
| from bse | [Annual Report 2010 from bse](https://www.bseindia.com/bseplus/AnnualReport//5121350610.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 2026-09-13T18:48:52.821Z.