Annual reportSep 2026
Sep 2026 · Intimation Of Notice Of Annual General Meeting & Annual Report-2025-26 4 Sep - 45th AGM on 29 Sep 2026; Re.1 dividend recommended; director and auditor appointments proposed.
Source: Bse
Beekay Steel Industries Limited (BEEKAY)
Small CapMetals stocks · Small cap · NSE
Beekay Steel Industries Limited operates in Steel Products, within the Metals sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 05:57 pm ISTDetails
Quote21 Oct, 05:57 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result11 Aug, 07:03 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Metals P/E 23.2 (n=92)
Technical timing lens
Trend score and candlestick chart
47NeutralSMA20 +1.1% / mo · MACD −
Stock trend: 49
Sector RS: 44
Sector 3M: -5.5% vs Nifty 500 -5.6%
Metals FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
BEEKAYD candles · FIT view-4.1%Latest close ₹409.20 on 2026-10-21
Daily history is available from 2026-04-20; the requested 1Y window is partially covered.
Bar
-4.2%
RSI
41
MACD hist
-2.07
52W pos
43%
2026-10-21O ₹427.10H ₹433.00L ₹400.20C ₹409.20Vol 1,011 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
BEEKAYNifty MetalNifty 500
- BEEKAY
- +1.9%
- Nifty 500
- -6.5%
- Nifty Metal
- -6.1%
- Vs Nifty 500
- +8.4 pp
Chart stats
21 Oct 2026- From 52W high
- -14.8%
- 52W range position
- 43%
- ATR (14)
- 5.1%
- Volume vs 20D
- 0.46x
- Avg traded value
- ₹0.1 Cr
- 20D price channel
- ₹400.2 - ₹480
₹480
₹355.1 - ₹480
₹20.9
Latest completed session
20-session average
39.0% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · WATCHLIST43
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent85
Revenue +32.5% · PAT +22.6% YoY
Technical
Neutral47
Price trend and sector-relative-strength timing.
Valuation
Legacy model-975.5%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence68
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 85/100Rev +33% YoY · PAT +23% YoY · margin expansion · +11% QoQ
Filed 11 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹375 Cr | +32.5% | +10.6% |
| EBITDA | ₹41 Cr | +127.8% | +70.8% |
| Operating margin | 11.0% | +500 bps | +400 bps |
| PAT | ₹38 Cr | +22.6% | NDF |
| PAT margin | 10.1% | -82 bps | +1603 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 17.90
- P/B
- 0.78
- EV/EBITDA
- 6.84
- Market Cap
- 783.00Cr
Profitability
- ROE
- 1.40%
- ROCE
- 4.18%
- ROA
- 2.78%
- Dividend Y
- 0.23%
Growth (CAGR)
- Revenue 5Y
- 6.00%
- EPS 5Y
- -29.00%
- Revenue 3Y
- 1.00%
- EPS 3Y
- -47.00%
Balance Sheet
- Debt/Equity
- 0.32
- Interest Coverage
- 4.54×
- Altman Z
- 3.18
- Book Value
- 549.00
Cash Flow
- FCF Yield
- 7.66%
- FCF Positive Y
- 10/5
- OCF
- 146.00 Cr
- EPS TTM
- 22.78
Shareholding
- Promoter Hold
- 71.92%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 60%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 375+10.6% vs prev
Net Profit
₹ CrLatest: 38.0+290.0% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend unclear. RSI 41. Wait for confirmation.
- SMA20 rising (~1.1% over last month) — short-term momentum positive.
- RSI(14) at 41 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 15% off 52W high · 15% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
64
RS percentile
Insufficient history
1M return
-4.8%
3M return
+1.9%
6M return
-4.2%
1Y return
-
RS 1D
-4
RS 20D
-
Sector rank
#6
Industry rank
#55
Stage evidence
- At least 170 daily sessions are required for the trend-stage read.
50-DMA
price below
200-DMA
unavailable
Sector
neutral
Industry
improving
Partial-history RS: the 3M and 6M weights are re-normalised because 12M history is unavailable.
Relative-strength line vs Nifty 500 (base 100)
128 observations
21 Oct 2026Value 100.98-4.37%
RS vs Nifty 500101
Valuation & peers
U-Score 43 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 43 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation14/30
Growth3/25
Quality0/20
Balance Sheet11/15
Cash Flow10/10
Piotroski
7/9 (+5)
Penalties
0
Raw sum
43
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
43/100 · legacy band WATCHLIST
Positive drivers
- FCF yield is supportive at 7.7%.
- Piotroski is strong at 7/9.
- Cash flow contributes 10/10 to the score.
Main drags
- Fair-value margin of safety is negative at -975.5%.
- Quality is weaker at 0/20; verify the latest quarterly trend.
- Growth is weaker at 3/25; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
17.9
PB
0.8
EV/EBITDA
6.8
ROE
1.4%
ROCE
4.2%
FCF Yield
7.7%
Debt/Equity
0.3
MoS
-975.5%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
43
Previous: 39 (+4)
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-975.5%
Previous: -1035.3%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
40
40
40
39
39
40
40
39
39
39
39
39
Factor attribution
Valuation
14+4
was 10
Modelled fair value
Graham Number
₹530.46
+22.9% MoS
Growth-justified P/E
1.7
Growth-justified Value
₹38.04
-975.5% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Metals — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
BAJAJST
Small
Bajaj Steel Industries Limited
Steel
match 92
31
23.5
9.1%
-493%
OVERVALUED
KAMDHENU
Small
Kamdhenu Limited
Steel
match 91
36
34.0
14.7%
-9%
WATCHLIST
SHAH
Small
Shah Metacorp Limited
Steel
match 88
40
23.1
5.2%
+40%
WATCHLIST
ASHOKAMET
Small
Ashoka Metcast Limited
Steel
match 84
50
2.9
8.4%
+92%
FAIR VALUE
PSRAJ
SME
P S Raj Steels Ltd.
Steel
match 82
30
44.4
12.4%
-11%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Beekay Steel Industries Limited operates in Steel Products, within the Metals sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
68Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 56th percentile of the scored universe and 46th percentile within Metals. Main check: financial discipline is weak at 30/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
6 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
56th percentile
overall median 67 · Metals: 46th pctile, median 70 · Small: 60th pctile, median 66
Evidence depth
Financial-only
6 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
89
strong · profit to cash conversion
Balance sheet
81
strong · leverage and solvency
Discipline
30
weak · capital discipline
Results
39
weak · quarterly consistency
Trust positives
- ▸Promoter holding is 71.9%.
- ▸Promoter pledge is zero.
- ▸FCF yield is 7.5%.
- ▸10 years of positive FCF.
Trust risks
- ▸3 latest quarters had PAT decline worse than 25% YoY.
- ▸ROCE is low at 5.5%.
- ▸ROE is low at 3.6%.
- ▸ROCE trend is -2.2%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Beekay Steel Industries Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Sep - Submission of Newspaper Pub of Notice of AGM_E-Voting & dispatch details
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Change in Management 11 Aug - Board approved Q1 FY27 results on 11 Aug 2026, AGM on 29 Sep 2026, and reappointed Mukesh Chand Bansal.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Aug - Submission of Newspaper publication of UFR for the quarter ended 30.06.2026
Source: Bse
Announcement
General Announcement Under Reg 30 3 Aug - Independent director Shalini Jain’s surname updated to Shalini Jain Singhania.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 2 Jun - Newspaper Publication - 3rd Reminder - Opening of Special Window for transfer & dematerialisation of physical securities- SEBI Circular dt:30.01.2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 16 May - Newspaper publication ( All India Circulation of Business Standard & Bengali daily) of Audited Financial Results (Standalone & Consolidated) of the Company for the quarter …
Source: Bse
Announcement
Board Approved Re-Appointment Of Internal Auditor, Cost Auditor And Branch Auditor 15 May - Board approved FY2025-26 audited results, recommended 10% dividend, and reappointed auditors.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Bse
Annual report
NOTICE OF ANNUAL GENERAL MEETING & ANNUAL REPORT-2025-26 4 Sep
Source: Bse
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.