NSE ScannerSteel & Iron · Steel · NSE: SHAHALLOYS · data 2026-11-01
Shah Alloys Limited
In plain words
Price: 38.9% below its 52-week high of ₹116.85.
Delivery: 67.9% of traded shares were kept for delivery over the last 10 sessions, against 74.8% over the last 60.
Latest results: a net loss of ₹2 cr for the quarter ended Sept 2026 (-113.5% on the same quarter a year earlier).
A description of the data, not a recommendation.
Key figures
Growth
| Revenue (last 12 months) | ₹16 cr |
| Net profit (last 12 months) | ₹42 cr |
| Sales growth, 3 years (yearly) | -61.0% |
| Profit growth, 3 years (yearly) | — |
At a glance
Promoters 53.8% (unchanged in a year), pledged 0.0%.
P/E 3.4, dividend yield 0.0%. Price relative to earnings and book value (low is cheaper, not better).
ROE 205.9%, ROCE -2.3%, operating margin 4.6%: how much profit it earns on the money it uses.
Debt/equity 0.56, Profit growth — and sales growth -61.0% a year over 3 years.
Ratings use fixed thresholds on the latest reported figures. They describe the numbers and are not a recommendation.
Strengths and limitations
- High return on equity (205.9%).
- Thin operating margin (4.6%).
- Reported a loss in the latest quarter.
Picked automatically from the latest reported figures with fixed rules; check the company's filings before relying on them.
Latest results in brief (Q2 FY27)
SHAHALLOYS Q2 FY27 results (standalone figures, as filed on NSE).
Revenue was ₹0 crore.
Net loss was ₹1.85 crore, a smaller loss than last quarter.
EPS was -₹0.93, less negative than last quarter.
SHAHALLOYS के Q2 FY27 नतीजे (स्टैंडअलोन आंकड़े, NSE पर दाखिल)।
राजस्व: ₹0 करोड़।
शुद्ध घाटा: ₹1.85 करोड़; पिछली तिमाही से घाटा कम हुआ।
EPS: -₹0.93; पिछली तिमाही से कम ऋणात्मक।
SHAHALLOYSના Q2 FY27 પરિણામો (સ્ટેન્ડઅલોન આંકડા, NSE પર ફાઇલ કરેલા).
આવક (રેવન્યુ): ₹0 કરોડ.
ચોખ્ખી ખોટ: ₹1.85 કરોડ; ગયા ક્વાર્ટરની સરખામણીએ ખોટ ઘટી.
EPS: -₹0.93; ગયા ક્વાર્ટરના કરતાં ઓછી નકારાત્મક.
Written from the filed numbers. Not a recommendation.
Smart-money activity
11/100 · Weak over the last ~60 sessions, data 2026-10-30
- Delivery vs usual 0/30: Too few delivery days to compare delivery % (0 of 10); shares delivered not comparable (0 of 12); 0 delivery-spike days (3x usual shares delivered, 40%+ delivery) in the last 20 sessions.
- Bulk/block deals 0/20: Net −₹3.03 cr in bulk/block deals over 90 days (0 net buying days, 2 net selling days): more sold than bought.
- Insider / SAST buys 6/15: 0 insider buy days (promoter group among them) and 1 SAST acquisition day in 90 days. Insider sells are not collected by the site, so only buy filings count.
- Mutual fund holding 0/15: No mutual fund scheme lists this stock. Latest monthly portfolios only (top 60 holdings per scheme); month-on-month change is not stored.
- Accumulation evidence 0/15: No accumulation evidence row (only saved-scan stocks have one; 0 points).
- Promoter pledges 5/5: No promoter pledge filings in 90 days.
A description of recorded activity (delivery, deals, insider buys, fund holding, pledges), not a recommendation. Today's most active stocks.
Story so far
● Results ● Deal ● Insider
- 30 Oct 26Results Q2 FY27 results: net profit −₹1.9 cr
- 26 Oct 26Deal Bulk deal: MANSI SHARE AND STOCK BROKING PRIVA… sold ₹0.95 cr -0.3% next session
- 28 Sept 26Insider SAST disclosure: Mr. Bhadresh J. Shah and Mr. Manish… acquired 4,35,576 shares -3.7% next session
- 9 Sept 26Deal Bulk deal: KRONE INVESTMENTS sold ₹2.08 cr -3.3% next session
- 12 Aug 26Results Q1 FY27 results: net profit −₹2.1 cr +6.7% next session
- 2 Jul 26Results Q4 FY26 results: loss widened vs a year ago +0.9% next session
- 30 May 26Results Results board meeting -1.6% next session
- 21 Feb 26Results Q3 FY26 results: turned to profit vs a year ago +1.5% next session
- 14 Feb 26Results Results board meeting +0.7% next session
- 14 Nov 25Results Q2 FY26 results: turned to profit vs a year ago -4.7% next session
- 14 Aug 25Results Q1 FY26 results: loss narrowed vs a year ago -2.8% next session
- 1 Jun 25Results Q4 FY25 results: net profit −₹4.5 cr -0.1% next session
- 12 Feb 25Results Q3 FY25 results: loss narrowed vs a year ago -3.6% next session
- 13 Nov 24Results Q2 FY25 results: turned to loss vs a year ago -6.6% next session
From official exchange filings and NSE data. How the price moved after an event describes the past, not what comes next.
Quarterly results (consolidated)
| Quarter | Revenue | Net profit | Profit YoY | Op. margin | EPS ₹ |
|---|---|---|---|---|---|
| Sept 2026 | ₹0 cr | ₹-2 cr | -113.5% | — | -0.93 |
| Jun 2026 | ₹0 cr | ₹-2 cr | — | — | -1.05 |
| Mar 2026 | ₹0 cr | ₹-8 cr | — | -268.4% | -4.25 |
| Dec 2025 | ₹10 cr | ₹38 cr | — | 70.7% | 19.42 |
Shareholding trend
| Holder | Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 |
|---|---|---|---|---|
| Promoters | 53.75% | 53.75% | 53.75% | 53.75% |
| Foreign institutions (FII) | 0.00% | — | — | 0.08% |
| Domestic institutions (DII) | — | — | — | — |
| Mutual funds | — | — | — | — |
| Retail investors | 16.40% | 16.17% | 15.99% | 16.50% |
| Number of shareholders | 9,404 | 9,156 | 9,321 | 9,530 |
Common questions
What was Shah Alloys Limited's latest quarterly profit?
Shah Alloys Limited reported a net loss of ₹2 cr for the quarter ended Sept 2026 (-113.5% on the same quarter a year earlier), on revenue of ₹0 cr.
How much do promoters hold in Shah Alloys Limited?
Promoters held 53.75% of Shah Alloys Limited at the end of Sept 2026, with 0.00% of promoter shares pledged.
Is Shah Alloys Limited debt-free?
Its latest reported debt-to-equity ratio is 0.56.
What is Shah Alloys Limited's P/E ratio?
About 3.4, based on the last 12 months' earnings and a price of ₹71.36 (data 2026-11-01).
What is the 52-week high and low of Shah Alloys Limited?
The 52-week high is ₹116.85 and the 52-week low is ₹53.1.
Compared with similar companies
| Company | Price | Market cap | P/E | P/B | ROE | ROCE | Debt/eq. | 1-yr return |
|---|---|---|---|---|---|---|---|---|
| Shah Alloys Limited | ₹71.36 | ₹149 cr | 3.4 | — | 205.9% | -2.3% | 0.56 | -7.0% |
| Vibhor Steel Tubes Ltd. | ₹96.44 | ₹183 cr | 24.1 | — | 4.6% | 11% | 0.98 | -32.7% |
| Rudra Global Infra Products Ltd. | ₹17.65 | ₹176 cr | 13.4 | — | 10.3% | 21% | 0.97 | -33.3% |
| Shri Bajrang Alliance Limited | ₹159.99 | ₹145 cr | 3.2 | — | 12.3% | 0.2% | 0.27 | -7.8% |
| Incredible Industries Limited | ₹29.96 | ₹134 cr | 11.9 | — | 7.6% | 10.9% | 0.22 | -35.3% |
| Vaswani Industries Limited | ₹39.16 | ₹129 cr | 3,465.5 | — | 3% | 9.5% | 1.85 | -38.4% |
Compare SHAHALLOYS with VSTL in detail →
The full analysis has the price chart, every quarterly result with YoY/QoQ growth, the balance sheet and cash flow with an accounting red-flag check, shareholding quarter by quarter with big investors, news, filings and bulk/block deals.
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