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Shah Alloys Ltd logo

Shah Alloys Ltd

NSE: SHAHALLOYS BSE: 513436

₹70.98

(2.38%)

Thu, 28 May 2026, 05:15 pm

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Shah Alloys Share Price Live Chart

1 Day

(2.38%)

No Result Found

Summary

  • Market Cap

    140.88

  • Net Profit

    -19.73

  • P/B

    -11.85

  • Sector P/E

    27.45

  • P/E

    0

  • EV/EBITDA

    0

  • Debt/Equity (Industry)

    0.58

  • Interest Cover (Industry)

    1.51

  • ROCE (Industry)

    0.19

  • RONW (Industry)

    0.11

  • ROE

    0

  • ROCE

    0

  • Debt/Equity

    44.69

  • EPS (TTM)

    0

  • Dividend Yield

    0

  • Book Value

    -5.18

  • Interest Cover

    -4.67

Analysis

all

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Pros

  • The average tenure for the Shah Alloys board of directors is over 10 years, this suggests they are a seasoned and experienced board.
  • Kandodi's remuneration is lower than average for companies of similar size in India.
  • Kandodi's compensation has been consistent with company performance over the past year, both up more than 20%.
  • The tenure for the Shah Alloys management team is about average.
  • Shah Alloys's share price is below the future cash flow value, and at a moderate discount (> 20%).
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Cons

  • Unable to calculate sustainability of dividends as Shah Alloys has not reported any payouts.
  • Unable to evaluate Shah Alloys's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Shah Alloys's dividend against the top 25% market benchmark as the company has not reported any payouts.
  • Shah Alloys's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Debt is not well covered by operating cash flow (5.2%, less than 20% of total debt).

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Financials

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Ratios

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Shareholding

ShareholdersMAR 2026DEC 2025SEPT 2025JUN 2025MAR 2025
Promoters53.7553.7553.7553.7853.78
FII00.080.0300
DII00000
Public46.2546.1746.2246.2246.22
Government00000

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Technical Analysis

RSI

55.82

MACD

0.78

50 DMA

66.41

200 DMA

67.29

Support and Resistance

TypeR3R2R1PPS1S2S3
Classic108.7488.4879.0268.2258.7647.9627.70
Fibonacci88.4880.7475.9668.2260.4855.7047.96
Camarilla75.1373.2771.4268.2267.7065.8563.99

Pivots Level: Classic

R3

+40.52

108.74

R2

+20.26

88.48

R1

+10.80

79.02

68.22
68.22
Pivot Point
LTP: 71.36

S1

-9.46

58.76

S2

-20.26

47.96

S3

-40.52

27.70

Moving Average

SMAEMA

Period

Value

  • 10-EMA

    70.17

  • 20-EMA

    69.71

  • 30-EMA

    69.05

  • 50-EMA

    68.00

  • 100-EMA

    67.14

  • 200-EMA

    66.46

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Corporate Actions

Announcement DatePurposeActionEx Date
14 Feb 2026board-meetingsQuarterly Results
14 Nov 2025board-meetingsQuarterly Results
08 Sept 2025agm
09 Aug 2024agm
25 Aug 2023agm
08 Aug 2022agmAnnual General Meeting09 Sept 2022
28 Jun 2022agm
29 Mar 2022egmExtra Ordinary General Meeting04 May 2022
12 Feb 2022egm
13 Aug 2021agmAnnual General Meeting15 Sept 2021

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Peer Comparison

Shah Alloys Ltd logo

Shah Alloys Ltd

JSW Steel Ltd logo

JSW Steel Ltd

Steel Authority of India Ltd logo

Steel Authority of India Ltd

Jindal Steel Ltd logo

Jindal Steel Ltd

Jindal Stainless Ltd logo

Jindal Stainless Ltd

Tata Steel Ltd logo

Tata Steel Ltd

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Shah Alloys Ltd About

Shah Alloys is engaged in manufacturing and sale of Wide range of Stainless Steel, Alloys & Special Steel, Carbon / Mild Steel in Flat and Long products.

Industry

Steel - Medium / Small

Founded

1990

Headquarters

CEO

Rajendra V Shah

Employees

Contact

Website icon

Website

http://www.shahalloys.com

Email icon

Email

sal.investor@shahalloys.com, vinod.shah@shahalloya

Phone icon

Phone

Location icon

Location

5/1 Shreeji House 5th Floor, Behind M J Library Ashram Road, Ahmedabad, Gujarat, 380006

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Shah Alloys Ltd Company History

YearHistory
2005
  • Shah Alloys recommended bonus shares in the ratio 1:1.
2007
  • Shah Alloys recommended a dividend of 10%.
2008
  • Shah Alloys Ltd appointed Mr. Bhagavatsingh Rawat as a Joint Managing Director of the Company.
2009
  • Shah Alloys Ltd appointed Shri. K. S. Kamath as a Joint Managing Director of the Company.
  • Shah Alloys became a professional member of Indian Energy Exchange Ltd and started trading of power on the exchange.
2011
  • Shri Bhaskar Ghosh was appointed as Additional Director.

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Deals

Client NameDeal TypeOrder SideQTYAvg PriceDate
CARE WEALTH ADVISORS LLP .bulkBuy15000068.5708 Sept 2025
JAIDEEP SAMPATbulkSell10000068.2508 Sept 2025
JAIDEEP SAMPATbulkSell10750063.6905 Sept 2025
NK SECURITIES RESEARCH PRIVATE LIMITEDbulkBuy113369107.725 Sept 2024
NK SECURITIES RESEARCH PRIVATE LIMITEDbulkSell113369107.8925 Sept 2024
SILVER LINE VENTURES PRIVATE LIMITEDbulkBuy16650597.9624 Sept 2024
YUGA STOCKS AND COMMODITIES PRIVATE LIMITED .bulkBuy27666599.124 Sept 2024
NK SECURITIES RESEARCH PRIVATE LIMITEDbulkBuy12646496.0424 Sept 2024
SETU SECURITIES PVT LTDbulkBuy8921899.1424 Sept 2024
SILVER LINE VENTURES PRIVATE LIMITEDbulkSell14150599.1924 Sept 2024

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Shah Alloys Ltd News

Shah Alloys board meet on May 30

Shah Alloys Limited will hold a board meeting on May 30, 2026, to consider audited financial results for FY26. The trading window remains closed until results are filed.

21 May 2026

companies

Shah Alloys Q3FY26 Results: Plant Sale Drives Profits

Shah Alloys reported net profit of Rs 35.22 crores in Q3FY26 vs loss of Rs 15.26 crores in Q3FY25, driven by exceptional gains from plant sale and disinvestment totaling Rs 67.46 crores.

14 Feb 2026

co actions results

Shah Alloys Board Approves Rs 18 Cr OTS with HDFC Bank

Shah Alloys Limited's board approved a One Time Settlement of Rs 18 crore with HDFC Bank on January 27, 2026, ending a legal battle that began in 2019 at the Debt Recovery Tribunal.

27 Jan 2026

co actions results

Shah Alloys Reports Rs 35.76 Crore Profit Despite Plant Closure, Sells Rolling Mill for Rs 1,700 Crore

Shah Alloys Limited posted a standalone net profit of Rs 35.76 crore for the quarter ended September 30, 2025, driven by an exceptional gain of Rs 16.92 crore from selling its 16-inch Rolling Mill Plant for Rs 1,700 lakhs. The company shut down its Iron and Steel plant in August 2025 due to technology obsolescence and rising production costs, raising concerns about its going concern status among auditors.

14 Nov 2025

earnings

Shah Alloys Divests Stake in Associate Company S.A.L Steel Limited to Sree Metaliks

Shah Alloys Limited approved the divestment of its equity shareholding in associate company S.A.L Steel Limited. The company will sell 3,02,56,989 equity shares of face value ₹10 each to Sree Metaliks Limited through a Share Purchase Agreement dated September 04, 2025. The transaction will result in Sree Metaliks being classified as the new promoter of S.A.L Steel Limited, while existing promoters will be reclassified as public shareholders. Additionally, the board appointed Shri Rajnikant Amrutlal Vyas as Additional Director designated as Whole-time Director with effect from September 04, 2025, for a period of 5 years subject to shareholder approval. Vyas brings over 25 years of experience in sales, marketing, and operations management. The board also approved the notice for the 35th Annual General Meeting to be held on September 26, 2025, through video conferencing.

04 Sept 2025

order&deals

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