Shah Alloys last traded at ₹78.50 (2026-10-13). Over the past month the stock moved -18.3%, three months the stock moved +9.0%, year the stock moved +9.0%. Its closing range over 52 weeks is ₹58.00 – ₹114.20, with the latest close 31.3% below the high.
Closing prices up to 2026-10-13.
Incorporated in 1990, Shah Alloys Ltd manufactures and sells Steel and related products[1]
Business Overview:[1] SAL is an ISO 9001:2008 accredited company which manufactures a complete range of stainless steel in India. It sells in India and also exports to 50+ countries
In the latest quarter (Mar 2026), Shah Alloys reported sales of ₹2.25 crore (-92.6%) and net profit of ₹-8.41 crore, compared with the same quarter last year.
| Period | Sales | Operating profit | OPM % | Net profit | EPS (₹) |
|---|---|---|---|---|---|
| Mar 2026 | 2.25 | 0.85 | 37.78 | -8.41 | -4.25 |
| Dec 2025 | 10.58 | 7.57 | 71.55 | 38.46 | 19.43 |
| Sep 2025 | 2.96 | -0.87 | -29.39 | 13.73 | 6.94 |
| Jun 2025 | 23.64 | -0.41 | -1.73 | -5.76 | -2.91 |
| Mar 2025 | 30.37 | 0.23 | 0.76 | -4.49 | -2.27 |
| Dec 2024 | 52.00 | 0.89 | 1.71 | -2.16 | -1.09 |
| Sep 2024 | 66.31 | -5.09 | -7.68 | -6.38 | -3.22 |
| Jun 2024 | 118.55 | -5.53 | -4.66 | -6.69 | -3.38 |
| Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales growth | -25.7% | -63.3% | -64.1% | -76.3% | -80.1% | -95.5% | -79.7% | -92.6% |
| Operating profit growth | -236.9% | -238.3% | – | -91.3% | – | – | +750.6% | +269.6% |
| Net profit growth | -1055.7% | -1922.9% | – | -201.8% | – | – | – | – |
| EPS growth | -1065.7% | -1888.9% | – | -201.8% | – | – | – | – |
| OPM % | -4.7% | -7.7% | 1.7% | 0.8% | -1.7% | -29.4% | 71.6% | 37.8% |
Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.
In the latest year (Mar 2026), Shah Alloys reported sales of ₹39.00 crore (-85.4%) and net profit of ₹108.00 crore, compared with the previous year.
| Period | Sales | Operating profit | OPM % | Net profit | EPS (₹) |
|---|---|---|---|---|---|
| Mar 2026 | 39.00 | 7.00 | 18.00 | 108.00 | 54.42 |
| Mar 2025 | 267.00 | -9.00 | -4.00 | -20.00 | -9.96 |
| Mar 2024 | 592.00 | -17.00 | -3.00 | -19.00 | -9.42 |
| Mar 2023 | 626.00 | 4.00 | 1.00 | -3.00 | -1.62 |
| Mar 2022 | 880.00 | 117.00 | 13.00 | 82.00 | 41.47 |
| Mar 2021 | 502.00 | 16.00 | 3.00 | -56.00 | -28.19 |
| Mar 2020 | 489.00 | -56.00 | -11.00 | -5.00 | -2.35 |
| Mar 2019 | 570.00 | 1.00 | 0.00 | 8.00 | 3.80 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales growth | +18.8% | -14.2% | +2.7% | +75.3% | -28.9% | -5.4% | -54.9% | -85.4% |
| Operating profit growth | – | -5700.0% | – | +631.3% | -96.6% | -525.0% | – | – |
| Net profit growth | -77.8% | -162.5% | – | – | -103.7% | – | – | – |
| EPS growth | -78.9% | -161.8% | – | – | -103.9% | – | – | – |
| OPM % | 0.0% | -11.0% | 3.0% | 13.0% | 1.0% | -3.0% | -4.0% | 18.0% |
Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.
No AI analysis generated yet for Shah Alloys.
Get Free AI Stock Analysis FREE →Shah Alloys shareholders approve strategic restructuring of steel plant - scanx.trade
Shah Alloys seeks shareholder nod for steel plant restructuring, new business objects - scanx.trade
Shah Alloys reports standalone net loss of Rs 2.07 crore in the June 2026 quarter - business-standard.com
Shah Alloys reports standalone net loss of Rs 2.07 crore in the June 2026 quarter - Business Standard
Shah Alloys shares were last quoted at ₹78.50 (-0.2% on the day). Use the Refresh price button on this page for the latest available price. Prices are for information only.
Shah Alloys has a price-to-earnings (P/E) ratio of 4.84 and a price-to-book (P/B) ratio of 1.64. The industry P/E is 21.28.
The 52-week high of Shah Alloys is ₹116.70 and the 52-week low is ₹53.10.
The market capitalisation of Shah Alloys is about ₹183.92 crore.
In the latest quarter (Mar 2026), Shah Alloys reported sales of ₹2.25 crore (-92.6%) and net profit of ₹-8.41 crore, compared with the same quarter last year.
This page is for information and is not investment advice. As per the data shown here, Shah Alloys has a 3-year ROE of -109.00%, 3-year profit growth of 2.00%. Review the fundamentals, quarterly results and AI analysis on StockSpin, and consult a SEBI-registered adviser before investing.
Promoters hold about 53.75% of Shah Alloys.
Shah Alloys belongs to the Iron & Steel sector.