Steel City Securities Ltd. – Company Report
1. Company Overview
Steel City Securities Ltd., founded in 1995 and headquartered in Visakhapatnam, Andhra Pradesh, is a leading provider of securities brokerage and e-governance services in India. The company is best known for pioneering the retail franchise model in broking, enabling extensive market coverage, especially across Southern India.
Steel City is a member of NSE, BSE, MCX, NCDEX, and MSE, with operations spanning capital markets, commodities, and currency trading. It also serves as a depository participant with both NSDL and CDSL and supports over 3 lakh clients across 1,100+ cities and 27,000+ business locations.
The company holds ISO 9001:2015 and ISO/IEC 27001:2013 certifications and is also recognized as a Point of Presence (POP) for the National Pension System (NPS) by PFRDA. As of August 2025, promoter holding remains strong at over 62%, and the company is virtually debt-free, maintaining a high level of operational efficiency and client trust.
- Incorporated: 1995
- Headquarters: Visakhapatnam, Andhra Pradesh
- Certifications: ISO 9001:2015, ISO/IEC 27001:2013
- Market Presence: 1,100+ cities, 3 lakh+ clients, 27,000+ business points
- Employees: 500+
- Listed: NSE Emerge
- Promoter Holding: ~62.85%
- Core Focus: Capital markets, broking, e-governance, depository, investment distribution
2. Products and Services
Steel City offers a diversified financial and governance services portfolio across both B2C and B2B models:
Capital Market Services
- Equity (cash & derivatives), commodity, and currency trading
- Depository participant services with NSDL & CDSL
- Online/mobile trading platforms and research tools
E-Governance Services
- PAN card issuance, TAN, e-TDS, 24G services
- GST facilitation and GST Suvidha Kendras
- Digital signatures, authentication services
- NSDL's National Insurance Repository (NIR)
- TIN facilitation
Investment and Distribution
- Mutual funds, IPOs, bonds, and corporate FDs
- Investment advisory and insurance distribution (IRDA-licensed)
- NPS (National Pension System) facilitation
NBFC and Ancillary Offerings
- Loans via group NBFC (home, personal, project-based)
- Credit card sourcing (e.g., HDFC Bank)
- Custom financing and wealth solutions
Technology and Support
- Proprietary trading and back-office software
- National franchise network for inclusive financial access
3. Recent News and Financial Performance
Business Developments
- Expanded its e-governance service network nationally, especially in PAN and GST facilitation.
- Continued investment in digital infrastructure and platform upgrades.
- Conducted investor education and awareness programs to grow retail participation.
Regulatory Development
- In July 2025, SEBI issued a one-month expulsion order against CMD Mr. Satish Kumar Arya, which has drawn attention to the company’s corporate governance practices. Stakeholders will be monitoring closely for leadership continuity and compliance measures.
4. Financial Performance (FY2025)
| Metric | Value |
|---|---|
| Revenue from Operations | ₹70 crore |
| Profit After Tax (PAT) | ₹17.15 crore |
| EPS | ₹11.35 |
| Operating Profit Margin | 35% |
| Net Profit Margin | 24.5% |
| Dividend Yield | 3.85% |
| Dividend Payout % | 35% |
| Debt Status | Virtually debt-free |