Shah Alloys Ltd

Shah Alloys Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Shah Alloys Ltd

₹ 74.6 5.00%
03 Dec - close price
shahalloys.com BSE: 513436 NSE: SHAHALLOYS
About

Incorporated in 1990, Shah Alloys Ltd manufactures and sells Steel and related products[1]

Key Points

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

Website BSE NSE - BE
  • Market Cap ₹ 149 Cr.
  • Current Price ₹ 74.6
  • High / Low ₹ 113 / 52.0
  • Stock P/E 12.2
  • Book Value ₹ 37.3
  • Dividend Yield 0.00 %
  • ROCE 11.1 %
  • ROE 18.4 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 91.4%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 0.77% over past five years.
  • Tax rate seems low
  • Contingent liabilities of Rs.54.9 Cr.
  • Earnings include an other income of Rs.36.3 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Steel Industry: Steel - Medium / Small

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
216 219 258 187 133 154 154 160 181 145 128 119 66
167 189 229 188 129 152 163 156 177 152 137 125 71
Operating Profit 48 31 29 -1 5 1 -10 4 4 -7 -8 -7 -5
OPM % 22% 14% 11% -0% 3% 1% -6% 3% 2% -5% -7% -6% -8%
11 7 0 0 21 0 0 7 2 8 6 0 22
Interest 1 1 1 1 0 1 1 1 1 1 1 1 1
Depreciation 3 3 3 2 2 2 2 2 2 2 2 2 2
Profit before tax 56 34 25 -4 23 -1 -13 8 2 -2 -5 -10 13
Tax % 20% 31% 15% 3% 2% 7% -16% 2% 3% -145% 41% -22% -15%
45 24 22 -4 23 -1 -11 7 2 1 -8 -8 15
EPS in Rs 22.51 11.99 10.89 -1.89 11.46 -0.70 -5.50 3.78 0.98 0.41 -3.87 -4.05 7.75
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
585 419 261 260 299 480 570 489 502 880 626 592 458
635 486 340 278 300 480 569 555 486 763 622 610 485
Operating Profit -50 -67 -80 -18 -1 -1 1 -66 16 117 4 -17 -27
OPM % -9% -16% -31% -7% -0% -0% 0% -13% 3% 13% 1% -3% -6%
4 4 4 248 82 142 -0 93 45 27 13 33 36
Interest 92 93 70 23 14 0 0 0 2 2 3 4 4
Depreciation 31 30 39 18 14 14 13 13 13 11 9 9 9
Profit before tax -169 -187 -184 189 53 127 -12 14 47 130 5 2 -4
Tax % -40% -31% -27% 34% 19% 67% -106% 204% 211% 21% -25% -10%
-101 -129 -135 124 43 42 1 -14 -52 103 7 3 0
EPS in Rs -50.85 -64.95 -68.28 62.83 21.76 21.26 0.38 -7.32 -26.09 51.96 3.38 1.30 0.24
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 4%
5 Years: 1%
3 Years: 6%
TTM: -29%
Compounded Profit Growth
10 Years: 8%
5 Years: 10%
3 Years: 33%
TTM: 528%
Stock Price CAGR
10 Years: 27%
5 Years: 54%
3 Years: 10%
1 Year: 29%
Return on Equity
10 Years: %
5 Years: %
3 Years: 91%
Last Year: 18%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 20 20 20 20 20 20 20 20 20 20 20 20 20
Reserves -464 -593 -729 -391 -280 -171 -171 -33 -65 38 45 47 54
881 738 653 419 338 263 238 209 184 117 74 80 81
480 717 801 587 566 368 448 241 175 172 197 166 157
Total Liabilities 916 882 744 635 644 479 535 437 314 346 335 313 312
246 216 175 157 143 131 119 106 93 82 73 67 63
CWIP 18 18 13 9 9 9 9 9 9 9 9 9 9
Investments 40 40 5 9 15 22 15 5 9 30 41 63 83
612 608 551 460 476 317 392 316 202 225 212 174 157
Total Assets 916 882 744 635 644 479 535 437 314 346 335 313 312

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-8 2 2 49 78 124 14 121 151 68 43 -7
1 0 74 6 0 -1 -1 0 0 0 0 4
5 -2 -76 -53 -80 -124 -13 -121 -150 -70 -44 3
Net Cash Flow -2 -0 0 2 -1 -1 -1 -0 1 -1 -0 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 42 27 21 14 9 3 18 18 10 6 9 4
Inventory Days 113 120 160 158 241 89 114 87 75 74 90 70
Days Payable 104 135 117 140 164 53 105 148 138 73 103 96
Cash Conversion Cycle 51 12 64 32 85 39 27 -43 -53 7 -4 -22
Working Capital Days -208 -480 -1,031 -740 -554 -209 -223 -112 -45 -3 -28 -44
ROCE % -16% -31% -137% -21% -14% -6% -55% 19% 84% 5% 11%

Shareholding Pattern

Numbers in percentages

10 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
53.80% 53.77% 53.75% 53.75% 53.75% 53.75% 53.75% 53.77% 53.78% 53.78% 53.78% 53.78%
0.01% 0.02% 0.04% 0.02% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00%
46.18% 46.21% 46.22% 46.23% 46.25% 46.26% 46.24% 46.22% 46.22% 46.22% 46.22% 46.22%
No. of Shareholders 8,7319,5669,69310,0689,8259,7599,9139,8489,4949,4569,53810,983

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports