NSE · SALSTEEL
S.A.L Steel Ltd.
Revenue & net profit by period
Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.
Latest period: revenue ₹545 Cr with net profit ₹-6 Cr — a -1.18% net margin, versus 0.08% the period before.
Shareholding
As of 2026-09-30
- Promoter70.98%
- Public28.98%
- FII0.04%
53,557 shareholders on record
Promoter holding trend
Each disclosed period, oldest to newest
52-week position
Where the current price sits in its yearly band
The band spans 3.09× from low to high.
Risk flags
Derived from disclosed data
- Under exchange surveillance — LT-ASM · ASM 1. Trading may carry price bands, periodic call auction or higher margins.
Peer comparison
Steel · ranked #7 of 14 by market cap · medians across 13 industry peers
| Company | Mkt cap | P/E | P/B | ROE | Margin |
|---|---|---|---|---|---|
| KIOCL Limited | ₹20,436 Cr | 525.39 | 11.77 | 0.95% | 5.73% |
| NMDC Steel Limited | ₹11,517 Cr | 135.52 | 0.87 | 0.45% | 0.6% |
| Jayaswal Neco Industries Ltd. | ₹8,754 Cr | 12.57 | 2.64 | 20.77% | 8.61% |
| Prakash Industries Ltd. | ₹2,014 Cr | 6.43 | 0.56 | 9.28% | 9.01% |
| Orissa Minerals Development Company Ltd. | ₹1,951 Cr | 585.96 | — | 5.32% | 3.21% |
| Rajputana Stainless Ltd. | ₹1,370 Cr | 23.29 | 3.77 | 13.71% | 5.44% |
| S.A.L Steel Ltd.(this company) | ₹1,108 Cr | — | 7.56 | -11.21% | 7.43% |
| BMW Ventures Limited | ₹550 Cr | 13.73 | 1.25 | 8.48% | 1.67% |
| VMS TMT Limited | ₹208 Cr | 12.32 | 0.91 | 9.22% | 1.94% |
| Incredible Industries Ltd. | ₹140 Cr | 11.84 | 0.89 | 7.33% | 1.41% |
AI analysis
AI-generated · google/gemini-2.5-flashS.A.L Steel Ltd. is listed with a market capitalization of Rs 755 Cr. The company reported revenue of Rs 544.98 Cr, with a negative profit margin of -16.4%. It has a debt-to-equity ratio of 3.75 and a negative return on equity of -11.21%.
Positives
- +Promoter holding is 70.9847%, indicating significant insider confidence.
- +The 52-week low price of Rs 14.37 suggests potential for limited downside from that level.
Negatives
- −The company has a negative profit margin of -16.4%.
- −Return on Equity (ROE) is negative at -11.21%.
- −The Return on Capital Employed (ROCE) is 0%, indicating no returns from capital employed.
- −The debt-to-equity ratio is high at 3.75.
- −Promoters have pledged 18.98% of their holdings.
- −The company has reported negative earnings per share (EPS) of -0.76.
- −S.A.L Steel Ltd. is currently under ESM Stage 1 surveillance.
Financial Performance
S.A.L Steel Ltd. reported revenue of Rs 544.98 Cr. The net profit for the latest fiscal year was -6.4244 Cr, resulting in earnings per share of -0.76. The company's revenue in Mar 2025 was Rs 544.98 Cr, down from Rs 578.2262 Cr in Mar 2024. Profitability has seen a decline, with net profit falling from Rs 0.4696 Cr in Mar 2024 to -6.4244 Cr in Mar 2025.
Profitability & Returns
The company recorded a negative profit margin of -16.4%. Its Return on Equity (ROE) stands at -11.21%, and Return on Capital Employed (ROCE) is 0%. Earnings per share (EPS) for the latest fiscal year is -0.76. Quarterly results show varying performance, with an EPS of -0.07 in Mar 2026 and 0.68 in Dec 2025.
Balance Sheet
S.A.L Steel Ltd. has a book value of Rs 10.13 per share. The debt-to-equity ratio is high at 3.75. The company's 52-week trading range shows a high of Rs 65.5 and a low of Rs 14.37.
Ownership & Pledges
Public shareholding stands at 29.0153%. A significant portion of promoter shares, 18.98%, are pledged. This represents 19,500,000 pledged shares held by Shah Alloys Limited as of 2026-06-30.
Regulatory & Surveillance
S.A.L Steel Ltd. is currently under ESM (Enhanced Surveillance Measure) Stage 1, indicating increased scrutiny due to specific criteria set by regulatory bodies. This measure is applied to address concerns regarding volatility, price variations, and other risk parameters associated with the stock.
Data as of — price: 2026-10-28 · financials: Mar 25 · shareholding: Sep 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.
How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.