Skip to content
SAL Steel logo

SAL Steel

SALSTEEL NSE
₹77.22 up 1.02 (1.34%)
Market Cap
₹1,118 Cr
P/E
64.89

SAL Steel (SALSTEEL) share price was ₹76.20 at the 28 Oct 2026 close; market capitalisation ₹1,103 Cr; P/E (TTM) 64.03; sector Metals & Mining. The share price rose 109.8% over the year to 28 Oct 2026 (adjusted for splits and bonuses). In the Jun 2026 quarter, revenue fell 31.6% year on year to ₹87.37 Cr and net profit was ₹3.09 Cr, against −₹9.67 Cr a year earlier (compared with Jun 2025). Promoters held 70.98% of SAL Steel in Sep 2026, unchanged from Jun 2026. Its Tapetide Score is 31/100 (Poor) as of 28 Oct 2026.

Close 28 Oct 2026 ₹76.20 +39.16 +105.72% 1Y

Key Fundamentals

MicrocapFerrous MetalsMetals & Mining
Market Cap
₹1,118 Cr
P/E (TTM)
64.89
EBITDA
₹14.70 Cr
Return on Equity
-0.24%
Debt to Equity
2.37
Book Value
₹10.13
EPS (TTM)
₹1.19
52W High
₹102.40
52W Low
₹33.10

Price-based figures as of 29 Oct 2026, 11:04 IST · EPS basis: Standalone · TTM

Peer Comparison

Commodities › Metals & Mining › Sponge Iron

KIOCL
₹334.95515.3120,357 Cr11.720.55%0.95%1.32%779 Cr39 Cr
SAL Steel (this company)
₹77.2264.891,118 Cr7.620.00%-0.24%4.03%183 Cr12 Cr
Vraj Iron & Steel
₹125.1711.49413 Cr0.960.00%7.45%9.47%656 Cr37 Cr
Chaman Metallics
₹119.85—289 Cr3.040.00%-4.38%5.37%——
Vaswani Industries
₹40.88—135 Cr0.930.00%2.83%7.97%277 Cr-0 Cr
Bihar Sponge Iron
₹12.009.30108 Cr—0.00%-33.28%22.15%196 Cr12 Cr
Shri Hare-Krishna Sponge Iron
₹26.70—51 Cr0.480.00%5.81%6.51%——
Median 7 companies₹77.2238.19289 Cr2.000.00%0.95%6.51%277 Cr12 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the live price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

31 Poor
Overall score

Data confidence 100/100

surveillance:ASM1

Category scores

Quality Poor 31
Returns, margins, earnings quality 22% weight
Valuation Poor 10
Cheap vs sector & own history 24% weight
Growth Poor 1
Sales & profit trajectory 9% weight
Financial Health Poor 20
Solvency, leverage, coverage 9% weight
Momentum Strong 81
Trend strength, vol-adjusted 12% weight
Ownership Average 55
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Weaknesses

7
  • Stock is trading at 8.35 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -7.17% over past five years.
  • Company has a low return on equity of -10.4% over last 3 years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.16.1 Cr.
  • Working capital days have increased from 112 days to 293 days

Technical Indicators

Oscillators

Bullish

Bearish
2
Neutral
4
Bullish
3

Overall

Bearish

Bearish
8
Neutral
4
Bullish
7

Moving Averages

Bearish

Bearish
6
Neutral
0
Bullish
4

Growth Rate

Revenue Growth
-61.91% lower than 3Y

change over 1 year

Net Income Growth
-93.75% higher than 3Y

change over 1 year

Cash Flow Change
-300%

change over 1 year

EBITDA Margin Change
60.18%

change over 1 year Operating margin 15.51% · Jun 2026

Quarterly Results

Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
154
157
130
139
111
124
194
117
128
65.73
2.2
11.97
87.37
Expenses
148
151
127
130
105
118
182
117
133
52.76
2.23
4.89
73.82
Operating Profit
5.64
5.77
2.27
9.3
5.98
5.87
12.09
-0.15
-5.31
12.97
-0.03
7.08
13.55
OPM %
3.67%
3.68%
1.75%
6.67%
5.4%
4.75%
6.24%
-0.13%
-4.16%
19.73%
-1.36%
59.15%
15.51%
Other Income
0
0
0
0
0
0
-4.16
0
0
0
16.09
0
0
Interest
3.14
3.2
3.22
3.17
3.18
3.22
4.87
5.1
4.93
5.14
5.67
4.57
6.25
Depreciation
2.38
2.4
2.38
2.46
2.6
2.55
2.58
2.84
2.69
2.7
2.69
2.79
2.77
PBT
0.12
0.17
-3.33
3.67
0.2
0.1
0.48
-8.09
-12.93
5.13
7.7
-0.28
4.53
Tax %
16.67%
17.65%
-25.53%
26.43%
20%
40%
241.67%
-26.21%
-25.21%
27.29%
13.9%
267.86%
31.79%
Net Profit
0.1
0.14
-2.48
2.7
0.16
0.06
-0.68
-5.97
-9.67
3.73
6.63
-1.03
3.09
EPS (₹)
0.01
0.02
-0.29
0.32
0.02
0.01
-0.08
-0.7
-1.14
0.44
0.61
-0.07
0.21
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
363
327
361
446
571
408
301
505
496
577
544
207
167
Expenses
337
304
351
440
562
426
301
509
487
555
521
193
134
Operating Profit
26
23
10
6
9
-18
0
-4
8
21
23
15
34
OPM %
7%
7%
2.7%
1.4%
1.6%
-4.5%
-0.1%
-0.7%
1.7%
3.7%
4.3%
7%
20%
Other Income
-47
-31
2
66
-19
44
22
29
14
2
-3
16
16
Interest
30
12
1
1
2
2
0
0
8
13
17
20
22
Depreciation
9
8
8
8
8
8
9
9
10
10
11
11
11
PBT
-59
-29
4
64
-19
17
12
16
6
1
-7
0
17
Tax %
28%
0%
75%
34%
16%
7%
7%
29%
36%
26%
-12%
-10%
—
Net Profit
-76
-29
1
42
-22
16
12
12
4
0
-6
0
12
EPS (₹)
-8.93
-3.39
0.1
4.99
-2.54
1.87
1.36
1.36
0.42
0.06
-0.76
-0.02
1.19
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
85
85
85
85
85
85
85
85
85
85
85
145
Reserves
-91
-120
-124
-65
-86
-70
-59
-47
-43
-43
-46
2
Borrowings
121
86
172
175
170
161
146
124
125
125
178
349
Other Liabilities
172
199
162
87
114
139
123
129
110
117
122
126
Total Liabilities
287
250
296
282
283
314
295
291
277
284
338
621
Fixed Assets
147
140
133
128
126
118
155
146
136
143
151
142
CWIP
56
25
25
25
11
46
1
1
3
1
1
174
Investments
0
0
0
0
0
0
0
0
0
0
0
0
Other Assets
83
86
138
130
147
150
139
144
137
140
187
306
Total Assets
287
250
296
282
283
314
295
291
277
284
338
621
Figures in ₹ Crores

Cash Flow

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
22
2
-6
7
-4
54
24
22
8
26
-21
-84
Investing
0
-1
-1
-3
8
-35
-1
0
-2
-13
-18
-175
Financing
-22
-1
7
-3
-6
-18
-22
-22
-7
-13
39
259
Net Cash Flow
0
0
0
1
-2
0
1
0
-1
0
0
0
Free Cash Flow
22
0
-6
4
4
18
23
22
8
26
-40
-259
CFO/EBITDA
84
8
-61
108
-44
-295
-8,893
-729
126
123
-91
-581
Figures in ₹ Crores

Ratios

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
13
45
51
28
58
107
104
40
51
42
45
3
Inventory Days
43
48
92
85
28
22
56
47
57
40
81
543
Days Payable
34
38
44
30
43
75
111
46
28
32
17
58
Cash Conversion Cycle
22
55
99
83
43
54
50
41
81
50
110
488
Working Capital Days
-216
-228
-43
35
23
10
8
-71
32
25
19
293
ROCE %
10%
18%
5%
1%
2%
11%
7%
10%
8%
8%
7%
1%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view SAL Steel insights

62 extracted metrics + investor summaries across FY12–FY27.

Shareholding Pattern

FIIs0.04%Promot.70.98%Others7.98%Public20.99%As ofSep 2026
18.98% of promoter holding pledged as of Sep 2026

Documents

Frequently Asked Questions about SAL Steel

What does S.A.L Steel Ltd do?
Incorporated in 2003, SAL Steel Ltd does manufacturing of Sponge Iron, Ferro Alloys and Power[1]
Where is S.A.L Steel Ltd (SALSTEEL) listed?
S.A.L Steel Ltd trades as SALSTEEL on the NSE and under code 532604 on the BSE.
Which sector does S.A.L Steel Ltd belong to?
S.A.L Steel Ltd is classified under the Metals & Mining sector, in the Sponge Iron industry.
What is the market capitalisation of S.A.L Steel Ltd?
S.A.L Steel Ltd has a market capitalisation of ₹1,118 Cr as of 29 Oct 2026, which places it in the Small Cap band.
What is the PE ratio of S.A.L Steel Ltd?
S.A.L Steel Ltd trades at a PE ratio of 64.89 as of 29 Oct 2026, on earnings per share of ₹1.19, against a book value of ₹10.13 per share.
What is the 52-week high and low of S.A.L Steel Ltd?
Over the last 52 weeks S.A.L Steel Ltd has traded between ₹33.1 and ₹102.4 as of 29 Oct 2026.
What is the Return on Equity (ROE) of S.A.L Steel Ltd?
S.A.L Steel Ltd reported a return on equity of -0.24%. Its debt-to-equity ratio is 2.37.

Company Information

Incorporated in 2003, SAL Steel Ltd does manufacturing of Sponge Iron, Ferro Alloys and Power[1]

Website salsteel.co.in
Listed 2004-11-24
Face Value ₹ 10
Shares Outstanding 14,47,66,700

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/SALSTEEL.md for S.A.L Steel Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our Indian stock market MCP server.

Explore More

More Steel stocks → FII DII DataStock ScreenerNifty 50 HeatmapF&O Ban ListFII and DII flows, month by monthHow Tapetide Scores changed, month by monthStocks mutual funds are buying, month by month