CSAP Crescent Steel & Allied Products Limited

Crescent Steel & Allied Products Limited (CSAP) financial ratios

Crescent Steel & Allied Products Limited earned a net margin of 17.6% in FY2026 against a five-year average of 7.3% (Engineering median 3.2%). Return on equity was 15.3%, compared with a sector median of 5.0%. The current ratio stood at 3.79× and debt was 8.0% of equity. Cash took about 160 days to cycle through receivables, inventory and payables.

FY2026 vs the Engineering median

Gross margin: 25.4%; Sector median 6.3%
Operating margin: 15.8%; Sector median 6.5%
Net margin: 17.6%; Sector median 3.2%
Return on equity (ROE): 15.3%; Sector median 5.0%
Return on assets (ROA): 9.9%; Sector median 2.3%
Current ratio: 3.79×; Sector median 1.36×
Debt to equity: 8.0%; Sector median 19.2%
Asset turnover: 0.56×; Sector median 0.51×
Dividend payout ratio: 25.0%; Sector median 0.0%

Median of the 15 companies in the sector with the figure for their latest fiscal year.

CSAP financial ratios (annual) (Rs mn)
Rs mn	FY2026 * Jul 2025 – Jun 2026	FY2025 * Jul 2024 – Jun 2025	FY2024 * Jul 2023 – Jun 2024	FY2023 * Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 * Jul 2009 – Jun 2010	FY2009 Jul 2008 – Jun 2009	FY2008 Jul 2007 – Jun 2008	FY2007 Jul 2006 – Jun 2007
Profitability
Gross margin	25.4%	23.5%	28.6%	16.6%	(1.2%)	6.7%	1.0%	(2.0%)	5.3%	13.7%	26.6%	0.5%	5.5%	12.8%	12.7%	18.2%	21.7%	21.6%	21.3%	17.3%
EBITDA margin	15.8%	13.6%	24.1%	13.2%	(3.0%)	8.3%	1.1%	(1.3%)	6.2%	10.1%	19.3%	(1.4%)	3.2%	15.5%	10.0%	17.2%	21.1%	21.9%	20.9%	14.2%
Operating margin	15.8%	9.3%	21.2%	8.0%	(5.9%)	5.2%	(4.8%)	(4.8%)	3.9%	8.4%	17.2%	(7.3%)	0.8%	13.6%	6.4%	13.2%	15.9%	16.4%	16.7%	8.4%
Pre-tax margin	26.4%	5.9%	26.3%	15.5%	(11.1%)	12.7%	(7.4%)	(5.3%)	1.5%	13.0%	19.8%	7.3%	17.6%	23.2%	11.5%	19.0%	20.9%	(3.2%)	14.9%	24.7%
Net margin	17.6%	0.9%	14.0%	13.1%	(9.1%)	10.9%	(0.5%)	(6.1%)	(0.6%)	9.7%	14.8%	8.7%	13.7%	17.8%	11.9%	14.5%	10.2%	(7.2%)	9.9%	22.5%
Effective tax rate	33.4%	85.2%	47.0%	15.5%	—	14.5%	—	—	141.6%	25.4%	25.2%	(19.3%)	21.8%	23.4%	(4.2%)	23.3%	23.2%	—	33.7%	8.8%
Returns
Return on equity (ROE)	15.3%	0.7%	15.8%	8.2%	(8.6%)	10.6%	(0.3%)	(5.8%)	(0.8%)	14.9%	17.7%	3.8%	10.8%	19.9%	12.4%	19.2%	22.3%	(8.7%)	13.4%	25.3%
Return on assets (ROA)	9.9%	0.4%	11.1%	5.7%	(6.4%)	7.2%	(0.2%)	(3.8%)	(0.5%)	9.0%	12.3%	3.1%	9.2%	16.3%	9.4%	13.1%	13.9%	(5.4%)	8.7%	15.8%
Return on invested capital (ROIC)	15.2%	(0.0%)	15.6%	10.1%	—	9.7%	—	—	(1.5%)	11.9%	16.2%	5.3%	11.3%	19.1%	13.1%	17.9%	20.8%	—	12.0%	21.0%
Liquidity
Current ratio	3.79×	1.70×	2.16×	1.32×	1.43×	1.48×	1.12×	1.19×	1.44×	1.55×	1.61×	1.88×	2.58×	2.53×	1.81×	1.53×	1.22×	1.22×	1.45×	2.01×
Quick ratio	2.82×	1.21×	1.43×	0.80×	0.83×	0.94×	0.55×	0.81×	0.82×	0.88×	0.83×	1.39×	1.90×	1.69×	1.19×	0.72×	0.59×	0.78×	1.01×	1.38×
Leverage
Debt to equity	8.0%	29.5%	16.8%	27.8%	15.8%	24.3%	43.6%	29.9%	32.2%	40.4%	39.9%	12.8%	6.3%	9.8%	9.0%	23.6%	27.2%	42.1%	49.2%	28.3%
Debt to capital	7.4%	22.8%	14.4%	21.7%	13.7%	19.6%	30.3%	23.0%	24.4%	28.8%	28.5%	11.3%	5.9%	8.9%	8.3%	19.1%	21.4%	29.6%	33.0%	22.1%
Debt to assets	6.2%	15.9%	12.5%	18.2%	11.8%	18.0%	27.0%	20.8%	20.3%	23.4%	25.5%	10.1%	5.4%	8.3%	7.1%	17.3%	17.1%	26.1%	30.4%	19.3%
Assets to equity	1.55×	1.60×	1.43×	1.44×	1.35×	1.47×	1.53×	1.51×	1.66×	1.65×	1.44×	1.22×	1.18×	1.22×	1.31×	1.47×	1.60×	1.62×	1.54×	1.61×
Efficiency
Asset turnover	0.56×	0.47×	0.79×	0.43×	0.70×	0.66×	0.36×	0.62×	0.74×	0.94×	0.83×	0.35×	0.67×	0.91×	0.79×	0.90×	1.36×	0.74×	0.88×	0.70×
Receivable days days	178	221	71	107	69	86	162	94	98	79	58	78	40	40	43	27	18	23	23	53
Inventory days days	165	196	97	144	70	100	160	91	118	108	105	80	59	58	83	102	65	92	76	89
Payable days days	183	223	78	127	34	12	20	33	51	42	42	30	5	31	40	14	—	—	16	36
Cash conversion cycle days	160	193	89	124	106	174	302	153	165	144	120	127	94	67	86	115	83	114	83	105
Dividends
Dividend payout ratio	25.0%	698.3%	12.2%	0.0%	—	0.0%	—	—	—	34.3%	25.2%	21.7%	32.1%	22.2%	24.0%	30.9%	27.0%	—	43.9%	21.1%
Earnings retention rate	0.75×	(5.98×)	0.88×	1.00×	—	1.00×	—	—	—	0.66×	0.75×	0.78×	0.68×	0.78×	0.76×	0.69×	0.73×	—	0.56×	0.79×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

CSAP: frequently asked questions

What is CSAP's EPS?

Crescent Steel & Allied Products Limited reported basic earnings per share of Rs 19.74 for FY2026 (Jul 2025 – Jun 2026).

What is CSAP's P/E ratio?

At the closing price of Rs 89.35 on 16 Oct 2026, CSAP trades at a P/E of 4.5× based on EPS of Rs 19.74 (FY2026).

Does CSAP pay dividends?

Yes. Crescent Steel & Allied Products Limited declared a dividend of Rs 5.50 per share for FY2026. It has paid a dividend in each of the last 3 years. At Rs 89.35 that is a dividend yield of 6.2%.

What was CSAP's revenue and profit in FY2026?

Crescent Steel & Allied Products Limited reported revenue of Rs 7.9 bn and profit attributable to shareholders of Rs 1.5 bn for FY2026 (Jul 2025 – Jun 2026).

What is CSAP's book value per share?

Crescent Steel & Allied Products Limited's book value per share was Rs 126.98 at the end of FY2026. The shares trade at 0.70× book value.

Information only, not investment advice.