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S.A.L Steel Ltd logo

S.A.L Steel Ltd

NSE: SALSTEEL BSE: 532604

36.80

(-3.11%)

Mon, 06 Apr 2026, 10:41 am

S.A.L Steel Analysis

dividend

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Pros

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    Cons

    • Unable to evaluate S.A.L. Steel's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
    • Unable to evaluate S.A.L. Steel's dividend against the top 25% market benchmark as the company has not reported any payouts.

    health

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    Pros

    • S.A.L. Steel is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
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    Cons

    • Operating cash flow is negative therefore debt is not well covered.
    • Debt is not covered by short term assets, assets are 0.8x debt.
    • S.A.L. Steel's long term commitments exceed its cash and other short term assets.
    • The level of debt compared to net worth has increased over the past 5 years (198% vs 1275.4% today).
    • S.A.L. Steel's level of debt (1275.4%) compared to net worth is high (greater than 40%).
    • High level of physical assets or inventory.

    management

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    Pros

    • The average tenure for the S.A.L. Steel board of directors is over 10 years, this suggests they are a seasoned and experienced board.
    • The average tenure for the S.A.L. Steel management team is over 5 years, this suggests they are a seasoned and experienced team.
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    Cons

      misc

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      Pros

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        Cons

        • S.A.L. Steel is not covered by any analysts.
        • S.A.L. Steel has significant price volatility in the past 3 months.

        past

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        Pros

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          Cons

          • Unable to compare S.A.L. Steel's 1-year earnings growth to the 5-year average as it is not currently profitable.
          • S.A.L. Steel does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
          • It is difficult to establish if S.A.L. Steel has efficiently used its assets last year compared to the IN Metals and Mining industry average (Return on Assets) as it is loss-making.
          • It is difficult to establish if S.A.L. Steel improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
          • It is difficult to establish if S.A.L. Steel has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
          • Unable to compare S.A.L. Steel's 1-year growth to the IN Metals and Mining industry average as it is not currently profitable.

          value

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          Pros

          • SALSTEEL matched the Metals and Mining industry (-28.6%) over the past year.
          • NSEI:SALSTEEL is up 10.6% outperforming the Metals and Mining industry which returned 7.5% over the past month.
          • NSEI:SALSTEEL is up 10.6% outperforming the market in India which returned 8% over the past month.
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          Cons

          • S.A.L. Steel is overvalued based on assets compared to the IN Metals and Mining industry average.
          • S.A.L. Steel is loss making, we can't compare its value to the IN Metals and Mining industry average.
          • S.A.L. Steel is loss making, we can't compare the value of its earnings to the India market.
          • SALSTEEL underperformed the Market in India which returned -14.5% over the past year.

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