Scan Steels Ltd

Scan Steels Ltd

47.40
INR
-0.77
(-1.60%)
4.06EPS
9.74P/E
2.42BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
111.96
118.4
72.35
73.26
96.79
132.81
127.52
139.84
191.05
208.36
184.41
134.67
143.04
142.93
Basic EPS, GAAP
-5.08
0.71
-0.37
-2.29
-0.38
1.27
0.06
5.87
9.7
2.93
4.02
3.69
3.76
4.1
Free Cash Flow per Basic Share
9.36
12.31
11.37
-1.28
-15.7
-0.01
5.34
5.94
7.77
3.87
13.14
-2.09
2.17
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
59.38
43.79
53.06
50.64
50.22
51.3
51.39
57.33
67.02
69.91
76.96
72.18
76.57
- -
Tangible Book Value per Share
59.38
43.79
53.06
50.64
50.22
51.3
51.38
57.33
67.02
69.91
76.96
72.17
76.57
- -
Basic Weighted Avg Shares
38
38
49
52
52
52
52
52
52
52
52
59
59
60
Sales/Revenue/Turnover
4,232
4,476
3,531
3,777
5,067
6,953
6,676
7,321
10,002
10,908
9,654
7,892
8,383
8,640
Operating Margin (%)
3.26
8.81
-1.26
-1
8.04
4.44
4.12
7.53
7.32
3.28
3.38
3.83
4.04
4.38
Depreciation Expense
171
121
125
200
173
125
126
140
128
133
154
157
157
157
Net Income, GAAP
-192
27
-18
-118
-20
66
3
307
508
153
211
217
220
248
Effective Tax Rate (%)
- -
50
- -
- -
135.83
61.12
97.59
36.4
22.9
30.36
23.38
23.04
23.39
25.29
Profit Margin (%)
-4.53
0.6
-0.52
-3.13
-0.39
0.96
0.05
4.2
5.08
1.4
2.18
2.74
2.63
2.87
Working Capital
-45
-657
-1,215
-1,097
250
357
447
776
1,298
1,078
930
1,030
1,021
- -
LT Debt
496
725
368
219
785
643
541
309
355
215
58
- -
- -
- -
Total Equity
2,245
1,655
2,590
2,611
2,629
2,686
2,690
3,002
3,509
3,660
4,029
4,230
4,487
- -
Return on Invested Capital (%)
- -
0.64
- -
- -
-3.22
2.82
0.17
9.08
13.83
6.23
5.16
4.65
5.18
- -
Return on Capital (%)
- -
4.28
- -
- -
-3.21
2.78
0.16
9.73
14.13
6.4
5.87
5.6
5.69
- -
Return on Common Equity (%)
-8.38
1.38
-0.86
-4.54
-0.75
2.5
0.12
10.8
15.6
4.27
5.48
5.24
5.05
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
715
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
59
59
61
Market Capitalization
- -
- -
2,423

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
2,287
- -
Cash, Cash Equivalents & STI
- -
45
- -
Accounts Receivable, Net
- -
211
- -
Inventories
- -
1,681
- -
Total Current Liabilities
- -
1,266
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
715
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.78%
8.47%
6.09%
Free Cash Flow
-9,804.32%
-20.33%
-203.63%
Net Income, GAAP
950.78%
7.45%
1.66%
Sales/Revenue/Turnover
10.62%
4.43%
6.22%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2,336
1,399
1,745
2,412
7,892
2026
2,320
1,330
1,916
2,817
8,383
2027
2,578
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2.79
-0.17
0.54
0.81
3.69
2026
1.79
0.03
0.59
1.34
3.76
2027
2.18
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Ankur Madaan
Full Time Employees
1,299
Sector
Non-energy minerals
Industry
Steel
Address
Trishana Nirmalya Bhubaneswar OR India 751024
IPO Date
Jul 7, 2005
Business
Scan Steels Limited Scan Steels Limited (SCANSTL.BO), listed on the BSE, manufactures and sells steel products primarily through secondary steelmaking routes in India. The company produces thermo-mechanically treated (TMT) rods under the SHRISHTII TMT brand in sizes ranging from 8mm to 32mm; sponge iron; mild steel (MS) billets and ingots; structural steel products including flats, angles, square bars, channels, and round-plain rods; galvanized structures; binding wires; pre-coated corrugated profile sheets and roofing accessories under the SHRISHTII ROOFING brand; and fly ash bricks. It operates integrated steel plants with direct reduced iron (DRI) units, steel melting shops (SMS), rolling mills, and captive power plants to support self-sufficiency in steel production. Incorporated on December 11, 1990, as a private limited company and converted to public limited status on March 18, 1996, with commercial operations commencing April 1, 1997, Scan Steels Limited is headquartered in Bhubaneswar, Odisha, with its registered office in Mumbai, Maharashtra. Manufacturing facilities are located in multiple sites around Rajgangpur, Odisha, and Bellary, Karnataka, serving construction and infrastructure sectors primarily in eastern and southern India through dealer networks. The company pioneered small-capacity DRI units in Odisha in 1999 and expanded via backward and forward integration, including power generation from DRI kiln waste heat during 1998-2008 and acquisition of DRI kilns in Karnataka. It broadened its finished goods portfolio to include structures, galvanized products, binding wires, and PVC-coated roofing sheets under SHRISHTII ROOFING. Recent developments encompass ongoing quarterly financial reporting for FY 2025-26, including unaudited results for quarters ending June, September, and December 2025, alongside compliance announcements such as dematerialization certificates and trading window closures. No major acquisitions, partnerships, or funding rounds were reported in the last 1-2 years, with focus on operational efficiencies and market penetration in Odisha and Karnataka.