1. India Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Shah Alloys Limited

Shah Alloys Limited

69.19
INR
-3.60
(-4.95%)
19.70EPS
3.30P/E
1.37BMarket 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
211.71
132.02
131.84
155.95
242.34
287.92
247.1
253.39
444.4
316.32
299.21
134.62
18.82
7.06
Basic EPS, GAAP
-64.95
-70.96
61.09
18.42
21.26
3.8
-2.35
-28.18
41.47
-1.62
-9.42
-9.97
54.42
20.92
Free Cash Flow per Basic Share
0.99
1.19
24.73
39.41
62.15
6.38
61.09
76.46
34.31
21.83
-5.89
3.36
-45.41
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-289.54
-361.03
-192.29
-139.02
-87.57
-83.75
-9.06
-27.62
16.7
15.4
5.68
-4.54
56.64
- -
Tangible Book Value per Share
-289.54
-361.03
-192.29
-139.02
-87.57
-83.75
-9.06
-27.62
16.7
15.4
5.68
-4.54
56.64
- -
Basic Weighted Avg Shares
20
20
20
20
20
20
20
20
20
20
20
20
20
19
Sales/Revenue/Turnover
4,191
2,614
2,610
3,088
4,798
5,700
4,892
5,017
8,798
6,262
5,924
2,665
373
136
Operating Margin (%)
-22.5
-30.21
-13.81
-4.58
-2.97
-2.13
-14.01
0.73
12.01
-0.58
-1.62
-7.25
-1.13
5.36
Depreciation Expense
299
394
182
137
136
130
130
130
113
90
89
92
66
59
Net Income, GAAP
-1,286
-1,405
1,209
365
421
75
-47
-558
821
-32
-186
-197
1,077
404
Effective Tax Rate (%)
- -
- -
34.24
21.75
66.89
- -
119.54
231.35
24.92
- -
- -
- -
18.74
39.42
Profit Margin (%)
-30.68
-53.74
46.34
11.81
8.77
1.32
-0.95
-11.12
9.33
-0.51
-3.15
-7.4
289.08
296.33
Working Capital
-8,682
-10,523
-6,381
-5,239
-2,740
-3,481
-1,498
-1,701
-1,103
-1,186
-1,480
-1,607
-452
- -
LT Debt
3,400
2,544
2,398
2,240
2,382
1,569
1,702
749
129
37
37
37
37
- -
Total Equity
-5,732
-7,148
-3,807
-2,752
-1,734
-1,658
-179
-547
331
305
112
-90
1,121
- -
Return on Invested Capital (%)
- -
- -
-1,048.74
30.75
26.69
- -
-2.65
-15.93
54.58
- -
- -
- -
89.66
- -
Return on Capital (%)
- -
- -
-831.95
38.86
28.43
- -
-2.83
-36.17
59.9
- -
- -
- -
90.32
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
-10.1
-89.36
- -
- -
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
593
- -
LT Borrowings
- -
37
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
20
20
Market Capitalization
1,383
1,165
1,366

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
446
- -
Cash, Cash Equivalents & STI
- -
232
- -
Accounts Receivable, Net
- -
11
- -
Inventories
- -
194
- -
Total Current Liabilities
- -
898
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
593
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-171.12%
-351.56%
-1,346.4%
Free Cash Flow
-91.51%
-365.16%
-1,450.23%
Net Income, GAAP
29.02%
-102.09%
-645.95%
Sales/Revenue/Turnover
-1.9%
-19.98%
-86.02%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,186
663
519
298
2,665
2026
236
30
103
4
373
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-3.38
-3.23
-1.09
-2.27
-9.97
2026
-1.43
6.93
19.42
-4.25
54.42
2027
-1.05
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Ashok A. Sharma
Full Time Employees
16
Sector
Non-energy minerals
Industry
Steel
Address
Shah Alloys Corporate House Gandhinagar GU India 382721
IPO Date
Nov 23, 1990
Website
shahalloys.com
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Business
Shah Alloys Limited manufactures and sells ferro alloys and pig iron products. The company produces a range of ferro alloys including ferro silicon, ferro silicon magnesium, ferro silicon calcium, ferro silicon zirconium, ferro chrome, ferro chrome high carbon, ferro manganese high carbon, ferro manganese medium carbon, and silico manganese; it also offers pig iron in grades such as nodular grade, SG grade, and basic grade. These products serve the steel and cast iron industries, with primary customers including steel manufacturers and foundries in India. Founded in 1999 and headquartered in Samalkha, Panipat, Haryana, India, Shah Alloys Limited operates manufacturing facilities in northern India. The company focuses on the ferro alloys segment of the metals and mining industry, targeting domestic markets in India while exporting select products to international customers. In recent developments, Shah Alloys Limited expanded its production capacity through commissioning of new facilities and achieved record financial performance in fiscal year 2025, reflecting operational enhancements and market demand growth. The company reported a significant increase in revenue and profitability, driven by higher volumes of ferro alloys and pig iron sales amid rising steel industry requirements. No major acquisitions, partnerships, or name changes have been announced in the last 1-2 years.