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Shah Alloys Limited

Shah Alloys Limited

SHAHALLOYS.NS
Shah Alloys LimitedIN flagNational Stock Exchange of India
71.00
INR
+2.94
- -
1.41BMarket Cap
Shah Alloys Limited
SHAHALLOYS.NS
(National Stock Exchange of India)

Recent

price

71.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
393.01
379.7
382.78
295.26
211.71
132.02
131.84
155.95
242.34
287.92
247.1
253.39
444.4
316.32
299.21
134.62
34.77
Revenue per Share
-30.47
-65.51
-81.51
-50.85
-64.95
-70.96
61.09
18.42
21.26
3.8
-2.35
-28.18
41.47
-1.62
-9.42
-9.97
21.18
Basic EPS, GAAP
-14.43
-57.14
-4.98
-4.25
0.99
1.19
24.73
39.41
62.15
6.38
61.09
76.46
34.31
21.83
-5.89
-2.37
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-59.56
-125.07
-206.58
-257.43
-322.38
-393.88
-333.2
-314.77
-317.43
-313.61
-288.48
-313.63
-272.16
-270.91
-280.33
-290.3
- -
Book Value per Share
-22.12
-89.98
-173.73
-224.59
-289.54
-361.03
-192.29
-139.02
-87.57
-83.74
-9.06
-27.62
16.7
15.4
5.68
-4.54
- -
Tangible Book Value per Share
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
19
Basic Weighted Avg Shares
7,781
7,517
7,578
5,845
4,191
2,614
2,610
3,088
4,798
5,700
4,892
5,017
8,798
6,262
5,924
2,665
666
Sales/Revenue/Turnover
-0.98
-12.57
-19.62
-13.33
-22.5
-30.21
-13.81
-4.58
-2.97
-2.13
-14.01
0.73
12.01
-0.58
-1.62
-7.25
-1.91
Operating Margin (%)
336
323
317
306
299
394
182
137
136
130
130
130
113
90
89
92
73
Depreciation Expense
-603
-1,297
-1,614
-1,007
-1,286
-1,405
1,209
365
421
75
-47
-558
821
-32
-186
-197
406
Net Income, GAAP
- -
- -
- -
- -
- -
- -
34.24
21.75
66.89
- -
119.54
231.35
24.92
- -
- -
- -
35.05
Effective Tax Rate (%)
-7.75
-17.25
-21.3
-17.22
-30.68
-53.74
46.34
11.81
8.77
1.32
-0.95
-11.12
9.33
-0.51
-3.15
-7.4
60.93
Profit Margin (%)
2,666
-2,312
-4,655
-6,505
-8,682
-10,523
-6,381
-5,239
-2,740
-3,481
-1,498
-1,701
-1,103
-1,186
-1,480
-1,607
- -
Working Capital
8,117
5,252
4,815
4,154
3,400
2,544
2,398
2,240
2,382
1,569
1,702
749
129
37
37
37
- -
LT Debt
-438
-1,781
-3,440
-4,446
-5,732
-7,148
-3,807
-2,752
-1,734
-1,658
-179
-547
331
305
112
-90
- -
Total Equity
- -
- -
- -
- -
- -
- -
199.96
-8.29
-3
- -
7.75
-2.95
54.58
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
-72.24
-25.01
-16.63
- -
1.41
14.5
-19.51
- -
- -
- -
5.22
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'26
Sep'26
Dec'26
ST Debt
- -
757
- -
LT Borrowings
- -
37
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
20
- -
Market Capitalization
1,220
1,287
1,339

Working Capital

FRC

•

in mil. unless spec.
Jun'26
Sep'26
Dec'26
Total Current Assets
- -
469
- -
Cash, Cash Equivalents & STI
- -
235
- -
Accounts Receivable, Net
- -
6
- -
Inventories
- -
218
- -
Total Current Liabilities
- -
1,944
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
757
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-41.16%
-41.32%
-180.01%
Free Cash Flow
260.27%
-50.61%
-59.77%
Net Income, GAAP
75%
246.9%
5.82%
Sales/Revenue/Turnover
6.68%
-2.26%
-55.01%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,420
1,797
1,428
1,279
5,924
2025
1,186
663
519
298
2,665
2026
236
30
103
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.35
0.18
-12.18
- -
-9.42
2025
-3.38
-3.23
-1.09
- -
-9.97
2026
-2.91
6.93
19.42
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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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.