Shah Alloys Share Price

67.761.21 (1.81%)

Closed
As On: 12 Jun, 2026, 03:40 PM IST
As On: 11 Jun, 2026, 04:01 PM IST

Sector: Metals - Ferrou...
Industry: Steel - Alloys/Spe...

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Open	66.00
High	68.00
Low	65.00
Prev Close	66.56
Volume	1,359
VWAP(₹)	67.30

Share Price	Value
Today/Current/Last	67.7666.17
Previous Day	66.5668.29

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Share Analysis

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Financials

Income (P&L)

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025
Total Income	2.25	10.58	2.96	23.64	30.37
Total Income Growth (%)	-78.73	257.43	-87.48	-22.16	-41.60
Total Expenses	8.38	-49.66	-11.45	25.69	32.44
Total Expenses Growth (%)	-116.87	333.71	-144.57	-20.81	-39.26
EBIT	-6.13	60.24	14.41	-2.05	-2.07
EBIT Growth (%)	-110.18	318.04	-	-	-
Profit after Tax (PAT)	-8.41	38.46	13.73	-5.76	-4.49
PAT Growth (%)	-121.87	180.12	-	-	-
EBIT Margin (%)	-272.44	569.38	486.82	-8.67	-6.82
Net Profit Margin (%)	-373.78	363.52	463.85	-24.37	-14.78
Basic EPS (₹)	-4.25	19.42	6.93	-2.91	-2.27

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025
Total Income	2.25	10.58	26.31	23.64	30.37
Total Income Growth (%)	-78.73	-59.79	11.29	-22.16	-41.60
Total Expenses	-4.24	-48.78	-11.45	26.20	49.44
Total Expenses Growth (%)	-91.31	326.03	-143.70	-47.01	-25.93
EBIT	6.49	59.36	37.76	-2.56	-19.07
EBIT Growth (%)	-89.07	57.20	-	-	-
Profit after Tax (PAT)	4.45	35.22	35.76	-2.83	-19.36
PAT Growth (%)	-87.37	-1.51	-	-	-
EBIT Margin (%)	288.44	561.06	143.52	-10.83	-62.79
Net Profit Margin (%)	197.78	332.89	135.92	-11.97	-63.75
Basic EPS (₹)	2.25	17.79	18.07	-1.43	-9.78

	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Total Revenue	39.43	267.28	613.24	627.94	886.14
Total Revenue Growth (%)	-85.25	-56.42	-2.34	-29.14	68.27
Total Expenses	42.46	290.41	622.78	633.76	776.79
Total Expenses Growth (%)	-85.38	-53.37	-1.73	-18.41	55.25
Profit after Tax (PAT)	107.73	-19.73	-18.65	-3.21	82.11
PAT Growth (%)	-	-	-	-103.91	-
Operating Profit Margin (%)	1.55	-6.99	-0.93	-0.51	12.67
Net Profit Margin (%)	289.05	-7.40	-3.14	-0.51	9.32
Basic EPS (₹)	54.42	-9.97	-9.42	-1.62	41.47

	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Total Revenue	48.29	267.28	634.63	639.10	906.90
Total Revenue Growth (%)	-81.93	-57.88	-0.70	-29.53	70.86
Total Expenses	42.46	300.27	622.78	633.76	776.79
Total Expenses Growth (%)	-85.86	-51.79	-1.73	-18.41	55.25
Profit after Tax (PAT)	72.60	-27.30	2.58	6.69	102.86
PAT Growth (%)	-	-1,159.85	-61.50	-93.50	-
Operating Profit Margin (%)	25.32	-10.69	2.67	1.26	15.03
Net Profit Margin (%)	194.79	-10.24	0.43	1.06	11.68
Basic EPS (₹)	36.67	-13.79	1.30	3.38	51.96

All figures in Rs Cr, unless mentioned otherwise

Insights

Employee & Interest Expense
Company has spent 9.69% of its operating revenues towards interest expenses and 7.0% towards employee cost in the year ending Mar 31, 2026. (Source: Consolidated Financials)

View Details

Balance Sheet

Annual	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Total Assets	207.61	194.67	257.29	300.85	315.95
Total Assets Growth (%)	6.65	-24.34	-14.48	-4.78	3.71
Total Liabilities	95.25	202.36	246.04	270.36	288.55
Total Liabilities Growth (%)	-52.93	-17.75	-8.99	-6.30	-19.70
Total Equity	112.36	-7.69	11.24	30.49	27.40
Total Equity Growth (%)	-	-168.37	-63.12	11.30	-
Current Ratio (x)	0.50	0.18	0.38	0.52	0.57
Total Debt to Equity (x)	0.56	-10.26	7.13	2.42	4.27
Contingent Liabilities	0.00	181.87	126.82	-	-

Annual	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Total Assets	207.61	242.66	312.85	335.19	346.05
Total Assets Growth (%)	-14.44	-22.44	-6.66	-3.14	10.21
Total Liabilities	95.25	202.36	246.04	270.36	288.55
Total Liabilities Growth (%)	-52.93	-17.75	-9.00	-6.30	-19.70
Total Equity	112.36	40.30	66.81	64.83	57.50
Total Equity Growth (%)	178.81	-39.68	3.05	12.75	-
Current Ratio (x)	0.50	0.18	0.38	0.52	0.57
Total Debt to Equity (x)	0.56	1.96	1.20	1.14	2.03
Contingent Liabilities	0.00	104.31	54.86	547.46	1,347.43

All figures in Rs Cr, unless mentioned otherwise

View Details

Cash Flows

Annual	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Net Cash flow from Operating Activities	-71.00	-4.51	-6.52	45.48	67.93
Net Cash used in Investing Activities	89.00	1.32	3.77	0.30	0.34
Net Cash flow from Financing Activities	-19.54	5.61	2.74	-45.79	-69.63
Net Cash Flow	-1.54	2.42	-0.01	-0.02	-1.36
Closing Cash & Cash Equivalent	1.10	2.64	0.22	0.23	0.24
Closing Cash & Cash Equivalent Growth (%)	-58.38	1,097.42	-3.83	-6.17	-84.72
Total Debt/ CFO (x)	-0.89	-17.51	-12.30	1.62	1.72

Annual	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Net Cash flow from Operating Activities	-71.01	-4.51	-6.52	45.48	67.93
Net Cash used in Investing Activities	89.00	1.32	3.77	0.30	0.34
Net Cash flow from Financing Activities	-19.54	5.61	2.74	-45.79	-69.63
Net Cash Flow	-1.55	2.42	-0.01	-0.02	-1.36
Closing Cash & Cash Equivalent	1.09	2.64	0.22	0.23	0.24
Closing Cash & Cash Equivalent Growth (%)	-58.75	1,097.42	-3.83	-6.17	-84.72
Total Debt/ CFO (x)	-0.89	-17.51	-12.30	1.62	1.72

All figures in Rs Cr, unless mentioned otherwise

View Details

Ratios

Annual	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Return on Equity (%)	95.87	0.00	-165.83	-10.53	299.69
Return on Capital Employed (%)	0.49	1,571.57	-29.98	-6.28	185.53
Return on Assets (%)	51.89	-10.13	-7.24	-1.06	25.98
Interest Coverage Ratio (x)	1.98	-2.11	0.84	2.21	56.21
Asset Turnover Ratio (x)	0.19	1.18	2.12	2.03	2.71
Price to Earnings (x)	1.10	-4.61	-6.17	-26.67	2.42
Price to Book (x)	1.06	-11.84	10.23	2.80	7.27
EV/EBITDA (x)	25.30	-17.68	57.59	27.81	2.57
EBITDA Margin (%)	19.15	-3.54	0.57	0.91	13.95

Annual	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Return on Equity (%)	64.61	-67.75	3.85	10.32	178.88
Return on Capital Employed (%)	8.01	-60.92	21.46	9.24	146.62
Return on Assets (%)	34.96	-11.25	0.82	1.99	29.72
Interest Coverage Ratio (x)	4.43	-4.32	6.16	6.53	65.71
Asset Turnover Ratio (x)	0.17	0.96	1.83	1.84	2.67
Price to Earnings (x)	1.64	-3.33	44.84	12.79	1.94
Price to Book (x)	1.06	2.26	1.72	1.32	3.46
EV/EBITDA (x)	11.29	-8.66	7.87	9.42	2.20
EBITDA Margin (%)	42.92	-7.25	4.18	2.69	16.31

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Peer Comparison

Ratio Performance

NAME	P/E (x)	P/B (x)	ROE %	ROCE %	ROA %	Rev CAGR [3Yr]	OPM	NPM	Basic EPS	Current Ratio	Total Debt/ Equity (x)	Total Debt/ CFO (x)
Shah Alloys	3.53	1.19	95.87	0.49	51.89	-59.88	1.55	289.05	54.42	0.50	0.56	-0.89
Jindal Stainless	17.93	2.88	16.13	18.15	7.84	6.46	11.29	7.37	38.76	1.25	0.37	2.16
Usha Martin	31.82	4.49	14.11	18.70	11.06	4.44	17.81	12.13	15.30	3.28	0.04	0.22
Mishra Dhatu Nigam	62.00	5.32	8.58	8.78	4.08	10.96	17.30	10.82	7.02	2.52	0.19	1.84
Mukand Ltd	3.21	1.27	39.68	35.58	14.81	-3.96	13.54	12.35	41.81	1.39	1.11	-3.85
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Stock Performance

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NAME	1D	1W	1M	3M	1Y	3Y	5Y
Shah Alloys Stock Performance	1.81	-1.53	-3.80	2.93	18.88	36.75	0.00
Jindal Stainless Stock Performance	2.24	-7.23	-12.02	-8.77	7.95	143.70	625.00
Usha Martin Stock Performance	1.34	2.15	9.68	20.90	50.36	107.73	807.65
Mishra Dhatu Nigam Stock Performance	3.10	3.13	14.52	24.39	6.84	89.13	117.22
Mukand Ltd Stock Performance	1.66	-2.56	-1.54	3.57	20.41	13.17	-2.88
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Category	No. of Shares	Percentage	% Change QoQ
Promoters	1,06,40,442	53.75 %	0.00
Pledge	0	0.00 %	0.00
FII	15,777	0.08 %	0.05
Others	91,41,321	46.25 %	0.07

Category	Mar 2026	Dec 2025	Sep 2025	Jun 2025
Promoters	53.75	53.75	53.75	53.78
Pledge	0.00	0.00	0.00	0.00
FII	0.00	0.08	0.03	0.00
DII	0.00	0.00	0.00	0.00
Mutual Funds	0.00	0.00	0.00	0.00
Others	46.25	46.17	46.22	46.22

Mutual Funds Ownership

No Data Available

Corporate Actions

Recent
Board Meeting
Audited Results
May 21, 2026
Board Meeting
Quarterly Results
Feb 10, 2026
Board Meeting
Quarterly Results
Nov 11, 2025

Board Meetings

Announced on	Meeting on
May 21, 2026	May 30, 2026
Audited Results
Feb 10, 2026	Feb 14, 2026
Quarterly Results
Nov 11, 2025	Nov 14, 2025
Quarterly Results
Aug 08, 2025	Aug 14, 2025
Quarterly Results
Jul 14, 2025	Jul 21, 2025
Others

Dividends
Announced on Ex-Date Dividend%
Jul 04, 2007 Sep 06, 2007 10%
Aug 07, 2006 Sep 15, 2006 10%
Jun 25, 2005 Sep 08, 2005 10%
Nov 04, 2004 Nov 24, 2004 10%
Jun 25, 2004 Aug 31, 2004 10%
Bonus
Announced on Ex-Date
Sep 13, 2005 Feb 13, 2006
Bonus Ratio: 1 share(s) for every 1 shares held
Splits
No Data Available
Rights
No Data Available
AGM/EGM Meetings
Announced on Meeting on
Sep 08, 2025 Sep 26, 2025
-
Aug 09, 2024 Sep 27, 2024
-
Feb 27, 2024 Mar 31, 2024
-
Aug 25, 2023 Sep 29, 2023
-
Jun 28, 2022 -
Book closure from Sep 9, 2022 to Sep 23, 2022

Announced on	Ex-Date	Dividend%
Jul 04, 2007	Sep 06, 2007	10%
Aug 07, 2006	Sep 15, 2006	10%
Jun 25, 2005	Sep 08, 2005	10%
Nov 04, 2004	Nov 24, 2004	10%
Jun 25, 2004	Aug 31, 2004	10%

Announced on	Ex-Date
Sep 13, 2005	Feb 13, 2006
Bonus Ratio: 1 share(s) for every 1 shares held

Announced on	Meeting on
Sep 08, 2025	Sep 26, 2025
-
Aug 09, 2024	Sep 27, 2024
-
Feb 27, 2024	Mar 31, 2024
-
Aug 25, 2023	Sep 29, 2023
-
Jun 28, 2022	-
Book closure from Sep 9, 2022 to Sep 23, 2022

About Shah Alloys

Shah Alloys Ltd., incorporated in the year 1990, is a Small Cap company (having a market cap of Rs 134.15 Crore) operating in Metals - Ferrous sector.

Shah Alloys Ltd. key Products/Revenue Segments include Ingots, Job Work, Consultancy Income for the year ending 31-Mar-2025.

For the quarter ended 31-03-2026, the company has reported a Consolidated Total Income of Rs 2.25 Crore, down 78.73 % from last quarter Total Income of Rs 10.58 Crore and down 92.59 % from last year same quarter Total Income of Rs 30.37 Crore. Company has reported net profit after tax of Rs -8.17 Crore in latest quarter.

The company’s top management includes Mr.Rajendra V Shah, Mr.Ashok Sharma, Mr.Prakash Patel, Mr.Ambalal C Patel, Mr.Bipin Gosalia, Mr.Mitesh Jariwala, Mrs.Nipa Jairaj Shah, Mrs.Shefali M Patel, Mr.Ashok Sharma, Mr.Narayanlal Shah. Company has Parikh & Majumdar as its auditors. As on 31-03-2026, the company has a total of 1.98 Crore shares outstanding.

Shah Alloys Share Price Today is Rs. 67.76. On previous day, the Shah Alloys Share Price (NSE) closed at Rs. 66.56, featuring among the most traded securities on the National Stock Exchange.

Shareholdings:
As of 31st Mar, 2026, the promoter held 53.75% of the stake in Shah Alloys shares, out of which 0.0% was pledged. On the same date, foreign institutional investors' (FII) holdings of Shah Alloys stocks was 0.08% as compared to 0.08% in Dec 2025 with increase of 0.05%. The domestic institutional investors (DII) holdings on 31st Mar, 2026 was 0.0% as compared to 0.0% in Dec 2025 with null of 0.0%. Out of the total DII holdings in Shah Alloys shares 0.0% was held by mutual funds. The rest including public held is 0.0%. Shah Alloys stock price is reflected on both the exchanges - BSE and NSE.

Dividend, Bonus & Split Information:
Shah Alloys Dividend: Ever since 1990, Shah Alloys dividends has been paid out around 9 times. As on 12 Jun, 2026, 03:40 PM IST, The overall dividend yield for Shah Alloys stands at 0.0%. The last dividend paid was on November 24, 2004 (Rs. 1.0). The Earnings Per Share (EPS) for quarter ending 31st Mar 2026 is Rs. 19.2.

Shah Alloys Bonus: The most recent bonus issue had been in year February 13, 2006 around 20 years ago at 1 : 1 ratio. The first bonus issue was announced in Sep 2005.

Stock Forecast:
After showing 2.25 Cr. of sales and 79.3% of quarterly net loss, there have been multiple ups and downs in the Shah Alloys stock prices in the past few weeks. For example, Shah Alloys stock price on 5th of June 2026 was around Rs. 69.61. Shah Alloys share price now stands at an average of Rs. 67.76. Judging by last week's performance, stock is in down trend.

Shah Alloys has a median target price of Rs. 0.0 in 12 months by 0 analysts. They have provided a high estimate of Rs. 0.0 and low estimate of Rs. 0.0 for Shah Alloys share.

Historical Prices and Performance:
Shah Alloys, incorporated in 1990 is a Small Cap company (with a market cap of Rs. 134.15) operating in Metals - Ferrous sector.
The Return of Equity (ROE) in last five financial years given by Shah Alloys stock was 95.87%, 0.0%, -165.83%, -10.53% and 299.69% respectively.
The Shah Alloys share gave a 3 year return of 65.47% as compared to Nifty 50 which gave a return of 26.99%.
Shah Alloys announced 10.0% final dividend on November 24, 2004.

Key Metrics:
PE Ratio of Shah Alloys is 3.47
Prices/Sales Ratio of Shah Alloys is 3.19
Price/Book Ratio of Shah Alloys is 1.17

Peer Insights:
Peers are businesses with comparable activities, buisness objectives and affiliation with a particular industry area. For Shah Alloys, major competitors and peers include Jindal Stainless, Usha Martin, Mishra Dhatu Nigam and Mukand Ltd. As of Dec 2025, the dividend yield of Shah Alloys stands at 0.0% while Jindal Stainless, Usha Martin, Mishra Dhatu Nigam and Mukand Ltd stand at 0.58%, 0.77%, 0.48% and 2.24% respectively. The PE ratio and PB Ratio of the company are among its competitors stand at 3.47 and 1.17 respectively.

Leadership of Shah Alloys :
Narayanlal Shah is Co. Secretary & Compl. Officer
Ashok Sharma is Chief Financial Officer
Rajendra V Shah is Non Executive Chairman
Ashok Sharma is Whole Time Director
Prakash Patel is Whole Time Director
Mitesh Jariwala is Independent Director
Ambalal C Patel is Independent Director
Shefali M Patel is Independent Director
Bipin Gosalia is Independent Director
Nipa Jairaj Shah is Independent Director

Industry

Steel - Alloys/Special

Key Indices Listed On

-

Address

5/1, Shreeji House,B/h M.J.Library,Ashram Road,Ahmedabad, Gujarat - 380006

Contact

info@shahalloys.com

http://www.shahalloys.com

PE Ratio(x)	3.53
EPS - TTM(₹)	19.20
MCap(₹ Cr.)	134.15
MCap Rank	73
PB Ratio(x)	1.20
Div Yield(%)	-
Face Value(₹)	10.00
52W High(₹)	83.85
52W Low(₹)	53.10
MCap/Sales	3.19
Beta(1 Month)	3.79
BV/Share(₹)	56.75

PE Ratio(x)	3.45
EPS - TTM(₹)	19.20
MCap(₹ Cr.)	131.00
MCap Rank	-
PB Ratio(x)	-
Div Yield(%)	-
Face Value(₹)	-
52W High(₹)	135.35
52W Low(₹)	4.51
MCap/Sales	-
Beta(1 Month)	-
BV/Share(₹)	-

1 Day	1.81%
1 Month	-0.04%
3 Months	9.38%
1 Year	21.0%
3 Years	65.47%
5 Years	N.A.

1 Day	0.0%
1 Month	-3.46%
3 Months	12.06%
1 Year	18.16%
3 Years	61.94%
5 Years	N.A.

R1	-	Pivot -	S1	-
R2	-		S2	-
R3	-		S3	-

Shah Alloys Share Price

Key Metrics