NSE ScannerComparison · NSE · data 2026-11-01
Indbank Merchant Banking Services Limited vs Steel City Securities Ltd.
In plain words
Size: Steel City Securities Ltd. is about 1.1 times the market value of Indbank Merchant Banking Services Limited.
Valuation (P/E): Indbank Merchant Banking Services Limited 14.7 vs Steel City Securities Ltd. 6.9.
Return on equity: Steel City Securities Ltd. 10.7% vs Indbank Merchant Banking Services Limited 7.4%.
Profit growth over 3 years: Indbank Merchant Banking Services Limited 26.7% a year vs Steel City Securities Ltd. 8.4% a year.
Debt to equity: Steel City Securities Ltd. 0.07 vs Indbank Merchant Banking Services Limited 0.
Differences in the numbers, not a recommendation of either stock.
Side by side
| INDBANK | STEELCITY | |
|---|---|---|
| Price | ₹23.61 | ₹77.48 |
| Market cap | ₹109 cr | ₹117 cr |
| P/E | 14.7 | 6.9 |
| P/B | 1 | — |
| ROE | 7.4% | 10.7% |
| ROCE | — | — |
| Debt / equity | 0 | 0.07 |
| Operating margin | 38.4% | 32.7% |
| Dividend yield | 0.00% | 5.16% |
| Sales growth, 3 years (yearly) | 9.4% | 4.3% |
| Profit growth, 3 years (yearly) | 26.7% | 8.4% |
| 1-year return | -41.5% | -23.7% |
| Revenue, last 12 months | ₹25 cr | ₹71 cr |
| Net profit, last 12 months | ₹7 cr | ₹17 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹2 cr | ₹7 cr |
| Quarter profit vs a year earlier | -13.4% | +80.9% |
| Promoter holding | 64.84% | 74.70% |
| Health check | Average (5.6/10) | Strong (6.7/10) |
Common questions
Which has a higher P/E, Indbank Merchant Banking Services Limited or Steel City Securities Ltd.?
Indbank Merchant Banking Services Limited trades at the higher P/E (14.7 against 6.9). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Steel City Securities Ltd. (10.7% against 7.4%).
Which carries more debt?
Steel City Securities Ltd. has the higher debt-to-equity ratio (0.07 against 0).