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Steel City Securities Ltd

| Quarterly Financial Results Q3 FY 2025-26

NEUTRAL SENTIMENT

Report Source

⬤31st Jan 26

Summary : Steel City Securities adopted Q3 FY26 financials, discussed E-Governance plan, showing mixed performance.

Quarterly Report Analysis & Insights

Financial Disclosures

  1. Standalone Q3 FY26 Total Expenses: 1,116.10 Lakhs.
  2. Consolidated Q3 FY26 Total Expenses: 1,118.55 Lakhs.
  3. Expenses include: Trading Operations, Impairment of Financial Instruments, Employee Benefit Expenses, Finance Cost, Depreciation, and Other expenses.
  4. Standalone Q3 FY26 Revenue from Operations: 1,524.75 Lakhs.
  5. Consolidated Q3 FY26 Revenue from Operations: 1,528.10 Lakhs.
  6. Standalone Q3 FY26 Stock Broking & DP Operations Revenue: 1,089.78 Lakhs.
  7. Standalone Q3 FY26 E-Governance Operations Revenue: 515.13 Lakhs.
  8. Standalone Q3 FY26 Total Assets: 21,309.69 Lakhs.
  9. Consolidated Q3 FY26 Total Assets: 23,255.29 Lakhs.
  10. Standalone Q3 FY26 Total Liabilities: 9,443.54 Lakhs.
  11. Consolidated Q3 FY26 Total Liabilities: 9,661.56 Lakhs.
  12. Standalone Q3 FY26 Total Capital Employed: 11,866.15 Lakhs.
  13. Consolidated Q3 FY26 Total Capital Employed: 13,593.72 Lakhs.
  14. Both standalone and consolidated financial results are presented.
  15. Consolidated results include one subsidiary and one associate.

Corporate Overview

  1. Registered office in Visakhapatnam, Andhra Pradesh, India.
  2. Member of NSE, BSE, MSEI, MCX & NCDEX.
  3. Capital Market, Equity, Currency, Commodity Derivatives segments.
  4. Depository Participant (DP) of NSDL & CDSL.
  5. Operates in Stock Broking & DP Operations and E-Governance Operations.
  6. Factual and formal, reporting board meeting outcomes and financial results.
  7. Stock Broking & DP Operations
  8. E-Governance Operations
  9. E-Governance Business Plan of the company was discussed.

Risk Factors

  1. Profit for the period declined year-on-year.
  2. Revenue from operations decreased year-on-year.
  3. Impairment of financial instruments expense.
  4. Finance costs impact profitability.

Key Drivers

  1. Board adopted unaudited financial results.
  2. E-Governance Business Plan discussed.
  3. Stock Broking revenue increased sequentially.
  4. Total assets show sequential growth.

Auditor’s Report

  1. Unmodified opinion on both standalone and consolidated unaudited financial results.

Board Commentary

  1. No specific legal or regulatory issues reported; compliance with SEBI regulations noted.
  2. Discussion of the E-Governance Business Plan.

Corporate Governance

  1. Audit Committee reviewed the unaudited financial results.

Management Discussion & Analysis

Future Strategy

  1. Discussion of the E-Governance Business Plan.

Operational Focus Areas

  1. Detailed discussion on the E-Governance Business Plan.

Performance Drivers

  1. Revenue from operations and other income.
  2. Performance of Stock Broking & DP Operations segment.
  3. Performance of E-Governance Operations segment.
  4. Control over various expenses including trading, employee benefits, and finance costs.