SHAH ALLOYS LIMITED·Capital Goods Companies·Industrial Products Companies

2026-08-21 NSE BSE Web 20%

Price

77.31

+0.01%
O:75.2
H:79.99
L:75.2
C:77.31

52W Range

53.188.37
+46%/-13%

Market Cap

₹153.05 Cr

Traded: ₹0.06 Cr (0.04%) 0.0x

Free Float: ₹63.62 Cr (0.09% of FF traded)

Volume · 60D trend

7.35 K 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:+16% 3M:+12% 6M:+5% 12M:+12%

Valuation

P/E4.0
P/B1.4
P/S3.9
EV/EBIT27.3

Business Strength

ROE-1108.0%
ROCE-22.9%
OPM17.9%
NPM276.9%

Growth (3Y CAGR)

EPS+645.8%
Sales-60.0%
Profit+2.0%
3Y Return+18.0%

Balance Sheet

Debt/Equity0.6
Debt63 Cr
Pledge0.0%
CWIP/Fixed Asset0.0%

Cash Position

CFO/NP--
FCF-3.74 Cr
FCF 3Y Avg-10.9 Cr
Cash/MCap1.0%

Others

Div Yield0.0%
Div Payout0.0%
Cash Conv. Cycle366 days
Tradeable Free Float41.6%

MTF Exposure Trend

56 sessions · funded amount, % of FF, daily delta

Current
₹ 0
0.00% FF
60d high
₹ 3.28 L
60d low
₹ 0
60d mean
₹ 0.31 L
vs mean
▼ 100.00%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
Sales
-17.0%
-40.0%
-60.0%
--
-85.0%
Decelerating
Profit
+7.0%
+14.0%
+2.0%
--
+85.0%
Stable
Return
+24.0%
+44.0%
+18.0%
+28.0%
--
Stable
ROE
--
--
-43.0%
--
--
--

Quarterly Results

Mar 2026

1 Jun
Rev
2 Cr
-93% YoY-79% QoQ
OPM37.8%
NPM-373.8%
PAT
+4% YoY-8 Cr
EPS
-87% YoY-4.3

Dec 2025

14 Feb
Rev
11 Cr
-80% YoY+257% QoQ
OPM71.5%
NPM363.5%
PAT
+346% YoY38 Cr
EPS
+1883% YoY19.4

Sep 2025

PDF
Rev
3 Cr
-96% YoY-87% QoQ
OPM-29.4%
NPM463.9%
PAT
+64% YoY14 Cr
EPS
+316% YoY6.9

Jun 2025

PDF
Rev
24 Cr
-80% YoY-22% QoQ
OPM-1.7%
NPM-24.4%
PAT
+14% YoY-6 Cr
EPS
+14% YoY-2.9

Mar 2025

PDF
Rev
30 Cr
-76% YoY-42% QoQ
OPM0.8%
NPM-14.8%
PAT
-931% YoY-4 Cr
EPS
-202% YoY-2.3

Dec 2024

PDF
Rev
52 Cr
-64% YoY-22% QoQ
OPM1.7%
NPM-4.2%
PAT
+75% YoY-2 Cr
EPS
+91% YoY-1.1

Sep 2024

PDF
Rev
66 Cr
-63% YoY-44% QoQ
OPM-7.7%
NPM-9.6%
PAT
-1923% YoY-6 Cr
EPS
-1889% YoY-3.2

Jun 2024

PDF
Rev
119 Cr
-26% YoY-8% QoQ
OPM-4.7%
NPM-5.6%
PAT
-1056% YoY-7 Cr
EPS
-1066% YoY-3.4

Mar 2024

PDF
Rev
128 Cr
-16% YoY-11% QoQ
OPM2.1%
NPM3.4%
PAT
+108% YoY4 Cr
EPS
+169% YoY2.2

Dec 2023

PDF
Rev
145 Cr
-6% YoY-20% QoQ
OPM-4.8%
NPM-16.7%
PAT
-2845% YoY-24 Cr
EPS
-7713% YoY-12.2

Sep 2023

PDF
Rev
181 Cr
+36% YoY+13% QoQ
OPM2.0%
NPM0.2%
PAT
-86% YoY0 Cr
EPS
-86% YoY0.2

Jun 2023

PDF
Rev
160 Cr
-15% YoY+4% QoQ
OPM2.5%
NPM0.4%
PAT
+106% YoY1 Cr
EPS
--0.3

Mar 2023

PDF
Rev
154 Cr
-40% YoY-0% QoQ
OPM-3.5%
NPM-4.2%
PAT
-122% YoY-6 Cr
EPS
---3.2

Dec 2022

Rev
154 Cr
--+16% QoQ
OPM2.0%
NPM0.0%
PAT
-98% YoY0 Cr
EPS
--0.2

Sep 2022

Rev
133 Cr
----
OPM3.0%
NPM1.5%
PAT
-93% YoY2 Cr
EPS
--1.3

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.56
Interest Coverage--x
Promoter Pledge0.0%
Borrowings63 Cr

Efficiency

Receivable Days10 days
Inventory Days381 days
Payable Days25 days
Cash Conversion cycle366 days

Cash Position

Operating Cash Flow--
Investing Cash Flow--
Financing Cash Flow--
Free Cash Flow-4 Cr

Detailed Financials

Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023PDF ↗
Dec 2022
Sep 2022
Sales211324305266119128145181160154154133
Expenses13424305171124126152177156159151129
Operating Profit18-1-001-5-63-744-535
OPM %37.8%71.5%-29.4%-1.7%0.8%1.7%-7.7%-4.7%2.1%-4.8%2.0%2.5%-3.5%2.0%3.0%
Other Income-55417000006-1600000
Interest011111111111110
Depreciation222222222222222
Profit Before Tax-75913-3-3-3-8-96-2601-902
Tax %24.4%39.0%6.9%-25.2%-26.0%-24.7%-24.1%-24.6%39.2%-10.2%12.8%18.4%-23.9%24.0%26.0%
Net Profit-83814-6-4-2-6-74-2401-602
Exceptional Items-55417000006-1600000
EPS (Rs)-4.319.46.9-2.9-2.3-1.1-3.2-3.42.2-12.20.20.3-3.20.21.3
Sales Growth (YoY)-93.0%-80.0%-96.0%-80.0%-76.0%-64.0%-63.0%-26.0%-16.0%-6.0%36.0%-15.0%-40.0%----
Sales Growth (QoQ)-78.7%257.4%-87.5%-22.2%-41.6%-21.6%-44.1%-7.7%-11.3%-19.9%13.2%3.9%-0.2%15.8%--
OP Growth (YoY)269.6%750.6%82.9%92.6%-91.3%112.8%-238.3%-236.9%148.7%-332.7%-26.4%--------
OP Growth (QoQ)-88.8%970.1%-112.2%-278.3%-74.2%117.5%8.0%-308.7%138.0%-289.7%-8.9%174.3%-281.3%-40.0%--
Profit Growth (YoY)3.6%345.8%64.4%13.9%-931.5%74.6%-1922.9%-1055.7%108.5%-2845.2%-85.9%105.9%-122.2%-98.0%-93.0%
EPS Growth (YoY)-87.2%1882.6%315.5%13.9%-201.8%91.0%-1888.9%-1065.7%169.3%-7712.5%-85.7%--------
EPS Growth (QoQ)-121.9%180.0%338.5%-28.2%-108.3%66.2%4.7%-251.6%118.3%-6866.7%-48.6%110.9%-2112.5%-87.3%--
OP Margin37.8%71.5%-29.4%-1.7%0.8%1.7%-7.7%-4.7%2.1%-4.8%2.0%2.5%-3.5%1.9%3.8%
Net Margin-373.8%363.5%463.9%-24.4%-14.8%-4.2%-9.6%-5.6%3.4%-16.7%0.2%0.4%-4.2%0.0%1.5%
Material Cost %0.0%0.0%84.8%67.8%51.4%80.1%72.1%75.2%67.7%74.7%71.6%66.5%68.9%69.0%66.0%
Employee Cost %11.6%2.8%30.7%7.6%9.8%4.9%6.6%4.1%3.3%3.7%3.2%4.0%4.8%3.7%4.0%
P/S3.882.051.20------------------------
P/E4.023.3298.28------------------------
P/B1.35----------------------------

Shareholding Pattern

Shareholders:9.3K (-4.5%)
Current MixMar 2026

Exchange Filings

50
Company Update13 Aug 2026

Submission of the Newspaper clippings from the "The Indian Express'' (English laguage) and "Financial Express" (Gujarati laguage) editions dated Agust 13, 2026 for publication of Un-Audited ....

Company Update12 Aug 2026

Strategic Review and Proposed Restructuring/Monetisation of Steel Plant, Plant and Machinery and Other Assets

Result12 Aug 2026

Submission of unaudited Financial Results for the Quarter ended as on 30.06.2026.

Board Meeting12 Aug 2026

the Board of Director of the Company in its meeting held on today i.e. on Wednesday, August 12, 2026 has considered and taken on record the Un-Audited Standalone Financial Results for the ....

Board Meeting06 Aug 2026

Shah Alloys Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve Meeting of the Board of Directors ....

Company Update13 Jul 2026

Shri Ambalal C Patel has tendered his resignation from the post of Indepndent Director of the company with effect from the closure of business hours on 13th July, 2026 due to unavoidable ....

Company Update10 Jul 2026

Submission of Certificate under Regulation 74 (5) of SEBI (DP) Regulations, 2018 for the quarter ended on 30th June, 2026.

Insider Trading / SAST24 Jun 2026

Intimation in respect of Trading Window for dealing in the securities of the company by designated persons shall remain closed from July 01, 2026 till 48 hours after declaration of Financial ....

Company Update13 Jun 2026

Submission of Revised Outcome of Board Meeting held on May 30, 2026- Correction of Clerical Error in Consolidated Independent Auditor''s Report

Company Update02 Jun 2026

Submission of Copy of News Paper Advertisement for Publication of Audited Financial Results of the Company for quarter ended March 31, 2026.

Board Meeting30 May 2026

Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations & Disclosure Requirements), Regulations, 2015, we are pleased to inform that the Board of Directors of the company in their ....

Result30 May 2026

Submission of Audited Standalone and Consolidated Financial Result for the quarter and Finacial year ended on march 31, 2026.

Company Update30 May 2026

Appointment of Internal Auditor of the Company for Financial Year 2026-27

Company Update27 May 2026

Submission of Annual Secretarial Compliance Report for the Financial Year ended on 31st March, 2026

Board Meeting21 May 2026

Shah Alloys Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2026 ,inter alia, to consider and approve Audited Standalone and Consolidated ....

Others30 Apr 2026

<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....

Company Update10 Apr 2026

Submission of Certificate received from Bigshare Services Pvt Ltd, RTA of the company under Regulation 74(5) of the SEBI (DP) Regulations, 2018 for the quarter ended 31st March, 2026.

Insider Trading / SAST26 Mar 2026

Trading Window shall remain closed From April 01, 2026 till 48 hours after announcement/declartion of Financcial Results for Fourth Quarter and Financial Year ending on March 31, 2026.

Company Update16 Feb 2026

Submission of Newspaper Advertisement in Compliance with Regulation 47 of the SEBI (LODR) Regulations, 2015

Board Meeting14 Feb 2026

Outcome of board Meeting held on 14.02.2026

Result14 Feb 2026

Declaration of Unaudited standalone & Consolidated Financial Result for the quarter and Nine Months ended on December 21, 2025

Board Meeting10 Feb 2026

Shah Alloys Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/02/2026 ,inter alia, to consider and approve Un-audited Standalone and Consolidated ....

Others28 Jan 2026

Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Reguirements) Regulations, 2015, this is to inform that the Board of Directors of the Company, in its meeting held today, ....

Others28 Jan 2026

Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Reguirements) Regulations, 2015, this is to inform that the Board of Directors of the Company, in its meeting held today, ....

Company Update27 Jan 2026

Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 -One Time Settlement with HDFC Bank

Company Update13 Jan 2026

Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended as on 31st December, 2025.

Insider Trading / SAST29 Dec 2025

Closure of Trading Window for dealing in securities of the company by designated persons shall remain closed from January 01, 2026 till 48 hours after anouncement /declaration of Financial ....

Company Update26 Dec 2025

Disclosure Pursuant to Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015.

Company Update26 Dec 2025

Disclosure under Regulation 29(2) of the SEBI (SAST) Regulation, 2011 and Regulation 7(2)(a) of the Securities and Exhange Board of India (PIT) Regulation, 2015.

Company Update22 Nov 2025

Submission of News paper Advertisement in Compliance with Regulation 47 of the SEBI (LODR) Regulations, 2015

Board Meeting14 Nov 2025

Declaration of Un-Audited Standalone & Consolidated Financial Results for the quarter and Half Year ended as on September 30, 2025 duly reviewed by the Audit Committee

Result14 Nov 2025

Declaration of Un-Audited Financial Results for the Quarter and Half year ended as on September 30, 2025

Board Meeting11 Nov 2025

Shah Alloys Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/11/2025 ,inter alia, to consider and approve Meeting of the Board of Directors ....

Board Meeting11 Nov 2025

Shah Alloys Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/11/2025 ,inter alia, to consider and approve Meeting of the Board of Directors ....

Company Update10 Oct 2025

Certificate under Regulation 74(5) of Securities and Exchange Board of India (Depositories and participants) Regulations, 2018 for the quarter ended on September 30, 2025

Company Update27 Sept 2025

Intimation of Reconstitution of Audit Committee, Nomination & Remuneration Committee and Stakeholders Relationship Committee due To Completion of Second Term of Five year of Shefali M Patel, ....

Company Update27 Sept 2025

Smt Shefali M patel (DIN: 07235872) ceased to be the WOMAN INDEPENDENT DIRECTOR OF THE COMPANY due to Completion of Second Term of Five years with Effect From end of the day on 26th September, 2025

AGM/EGM27 Sept 2025

Report of Scrutinizer''s Report on Remote E-Voting and physical E-Voting at the 35th Annual General meeting held on Friday, Septemebr 26, 2025 through VC/OAVM.

Company Update26 Sept 2025

Summary of proceedings of 35th AGM of the company held on Friday, September 26, 2025 Pursuant to regulation 30 read with Part A of Schedule III of SEBI (LODR) Regulations, 2015

AGM/EGM26 Sept 2025

Summary of proceeding s of 35th Annual General meeting of the Company held on Friday, 26th September, 2025 Pursuant to Regulation 30 read with Part A od Schedule III of SEBI (LODR) Regulations, 2015

Insider Trading / SAST24 Sept 2025

Trading Window Shall remain closed From October 01, 2025 till 48 hours after declaration of Financial Results for the Quarter and Half Year ending on September 30, 2025

Company Update10 Sept 2025

Intimation of Resignation of Mr. Prakashkumar R. Patel, Whole Time Director of the company

Company Update05 Sept 2025

Submission of news paper clipings for notice of 35th Annual General Meeting and related information

Others04 Sept 2025

Submission of Annual Report 2024-25 including Notice of the 35th Annual General Meeting of the Company

AGM/EGM04 Sept 2025

Intimation of notice of 35th Annual General Meeting of the Company for the Financial year 2024-25

Company Update04 Sept 2025

Appointment of Shri Rajnikant Amrutlal Vyas ( DIN: 11276226) as An Additiona Director designated as Whole Time Director of the Company W.e.f. September 04, 2025

Others04 Sept 2025

1. Considered and approved the proposal for divestment of Company's equity shareholding in its Associate Company i.e. S.A.L Steel Limited, by way of execution of a Share Purchase Agreement 2. ....

Company Update16 Aug 2025

Submission of Newspaper Clipings for publication of Audited Financial Results of the Company for the Quarter ended on June 30, 2025

Board Meeting08 Aug 2025

Shah Alloys Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2025 ,inter alia, to consider and approve Un-audited Standalone and Consolidated ....

Company Update21 Jul 2025

Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirments) Regulations, 2015 - Closure of Iron & Steel Plant (Entire Plant) Operation of the company at ....

Annual Reports

15

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011