SHAHALLOYS · NSE
Shah Alloys Limited
₹112.46
-0.48% (-₹0.54)
Prev. close
₹113
Volume
2,23,823
Delivery %
58.0%
As of
02 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About Shah Alloys Limited
Shah Alloys Limited engages in the manufacture and sale of stainless steel, alloy and special steel, carbon/mild steel, and armor steel products in India and internationally. The company also offers hot rolled coils, sheets, and plates; cold rolled coils and sheets; hot rolled round and flat bars; bright/peeled bars; angles; and beams. In addition, it provides chrome molybdenum, abrasion/wear resistant, quenched and tempered, high tensile, corrosion resistant, tool, pressure vessel, and other alloy steel products. The company also exports its products. Shah Alloys Limited was incorporated in 1990 and is based in Gandhinagar, India.
Details
Sector
Basic Materials
Industry
Steel
CEO
Mr. Ashok A. Sharma ACA, ACS
Headquarters
Gandhinagar
Employees
16
Website
shahalloys.comExchange
View on NSE ↗Key stats
Market cap
₹222.64 Cr
P/E ratio (TTM)
2.1
EPS (TTM)
₹54.81
Beta (1Y · daily vs NIFTY 50)
0.84
Beta (5Y · monthly vs NIFTY 50)
0.51
Shares float
68.41 L
EPS · quarter ended Mar 2026
₹-4.25
Financial Performance
01 · Financials
Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.0% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based
05 · Capital Structure & Asset Utilization
Debt/equity omitted where reported equity was zero or negative. Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
07 · Debt Level & Coverage
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹501.92 Cr | ₹880.08 Cr | ₹626.26 Cr | ₹592.38 Cr | ₹266.52 Cr | ₹37.27 Cr | |
| EBITDA | ₹61.24 Cr | ₹143.60 Cr | ₹6.98 Cr | ₹-5.95 Cr | ₹-9.45 Cr | ₹142.74 Cr |
| ₹-47.49 Cr | ₹82.11 Cr | ₹-3.21 Cr | ₹-18.65 Cr | ₹-19.72 Cr | ₹107.73 Cr | |
| Diluted EPS | ₹-26.08 | ₹41.47 | ₹-1.63 | ₹-9.42 | ₹-9.96 | ₹54.42 |
Total expenses (as filed), Employee benefit expense, Other expenses, Other income have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹304.65 Cr | ₹321.62 Cr | ₹300.87 Cr | ₹257.29 Cr | ₹194.67 Cr | ₹207.61 Cr | |
| — | ₹116.90 Cr | ₹73.69 Cr | ₹80.19 Cr | ₹78.92 Cr | ₹62.99 Cr | |
| Stockholders' equity | — | — | ₹30.51 Cr | ₹11.24 Cr | ₹-9.00 Cr | ₹112.36 Cr |
Current assets, Non-current assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt, Stockholders' equity have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹53.66 Cr | ₹67.93 Cr | ₹43.23 Cr | ₹-6.27 Cr | ₹6.84 Cr | ₹-71.00 Cr | |
| Investing cash flow | ₹46.00 L | ₹34.00 L | ₹29.00 L | ₹3.77 Cr | ₹1.32 Cr | ₹89.00 Cr |
| ₹-52.76 Cr | ₹-69.63 Cr | ₹-43.54 Cr | ₹2.74 Cr | ₹5.60 Cr | ₹-19.54 Cr | |
| Capital expenditure | — | — | — | ₹-5.39 Cr | ₹-18.00 L | ₹-18.90 Cr |
| End cash position | ₹1.60 Cr | ₹24.46 L | ₹-1.00 L | ₹21.96 L | ₹2.64 Cr | ₹1.10 Cr |
Debt repaid, Dividends paid, Capital expenditure have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21–Dec 21(2Q) | Mar 22 | Jun 22–Jun 23(5Q) | Sep 23 | Dec 23–Jun 25(7Q) | Sep 25–Jun 26(4Q) |
|---|---|---|---|---|---|---|
| Promoter | 53.80% | 53.77% | 53.75% | 53.77% | 53.78% | 53.75% |
| Public | 46.20% | 46.23% | 46.25% | 46.23% | 46.22% | 46.25% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Basic Materials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| UltraTech Cement Limited | ₹3.24 L Cr | ₹11,155 | 38.0 | 4.22 | 10.7% | 0.31 | +16.6% | -10.0% |
| JSW Steel Limited | ₹3.10 L Cr | ₹1,267 | 12.5 | 3.09 | 22.3% | 1.19 | +9.3% | +13.4% |
| Hindustan Zinc Limited | ₹2.50 L Cr | ₹595.45 | 14.6 | 11.03 | 61.1% | 0.39 | +18.6% | +29.0% |
| Asian Paints Limited | ₹2.34 L Cr | ₹2,448.5 | 49.0 | 10.95 | 20.2% | 0.18 | +5.1% | -1.4% |
| Tata Steel Limited | ₹2.31 L Cr | ₹190.82 | 20.9 | 2.26 | 10.6% | 0.90 | +6.2% | +10.1% |
| Hindalco Industries Limited | ₹2.16 L Cr | ₹1,003.8 | 13.2 | 1.58 | 9.8% | 0.73 | +15.0% | +34.6% |
| Grasim Industries Limited | ₹2.12 L Cr | ₹3,188.5 | 37.3 | 2.05 | 4.8% | 2.20 | +18.2% | +13.3% |
| Solar Industries India Limited | ₹1.80 L Cr | ₹19,730 | 90.6 | 28.67 | 26.7% | 0.29 | +30.6% | +38.8% |
| Vedanta Aluminium Metal Limited | ₹1.63 L Cr | ₹413.05 | 42.4 | — | — | — | — | — |
| Pidilite Industries Limited | ₹1.60 L Cr | ₹1,588.1 | 60.6 | 14.79 | 22.6% | 0.04 | +11.1% | +6.6% |
| JINDAL STEEL LIMITED | ₹1.16 L Cr | ₹1,175.3 | 42.4 | 2.28 | 6.6% | 0.44 | +5.5% | +10.6% |
| Shah Alloys Limited | ₹222.64 Cr | ₹112.46 | 2.1 | 1.98 | 95.9% | 0.56 | -86.0% | +55.8% |
Ranked by market cap within Basic Materials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 29
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Shah Alloys SHAHALLOYS 36th AGM voting results 2026
Shah Alloys shareholders approved all six resolutions at its 36th Annual General Meeting, including two special resolutions for steel plant restructuring and asset monetization. These approvals grant the board authority to pursue strategic alternatives for the steel plant and monetize various company assets. This indicates potential material changes to the company's asset structure and business profile.
Shah Alloys Ltd. Share Price Up 8.77%: Price, Valuation
Shah Alloys Ltd. shares rose 8.77% to Rs 82.94, increasing its market capitalization to Rs 142.76 crore. This micro-cap stock cleared its qualifying price-rise threshold, though no specific company catalyst was identified for the move. The company's P/E ratio of 1.4x is significantly lower than the industry median.