S.A.L. Steel Ltd
S.A.L. Steel Ltd (SALSTEEL) last reported results for the quarter ended Jun 2026, with sales of ₹87.37 crore and net profit of ₹3.09 crore. The stock last traded at ₹91.5, a market capitalisation of ₹1,325 crore. Over the past 52 weeks the stock has ranged between ₹26.1 and ₹102. Figures are as of 6 Oct 2026 and are not real time.
S.A.L. Steel Ltd share price and key metrics
- Current price
- ₹91.5
- Market cap
- ₹1,325 cr
- Book value
- ₹10.1
- ROE
- -17.7%
- ROCE
- 1.08%
- Dividend yield
- 0.00%
- 52w high / low
- 102/26.1
Metrics as of 6 Oct 2026. Not real time.
Track S.A.L. Steel Ltd
Cruxal reads every S.A.L. Steel Ltd filing as it lands, scores what it means for the stock, and emails you the ones that matter. Free to start.
S.A.L. Steel Ltd growth and returns
- 10 Years
- -4%
- 5 Years
- -7%
- 3 Years
- -25%
- TTM
- -70%
- 10 Years
- %
- 5 Years
- %
- 3 Years
- %
- TTM
- 80%
- 10 Years
- 41%
- 5 Years
- 57%
- 3 Years
- 80%
- 1 Year
- 230%
- 10 Years
- %
- 5 Years
- -1%
- 3 Years
- -10%
- Last Year
- -18%
S.A.L. Steel Ltd quarterly results
In the quarter ended Jun 2026, sales were ₹87.37 cr, down 31.6% from ₹128 cr a year earlier. Net profit turned positive at ₹3.09 cr.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 124 | 194 | 117 | 128 | 65.73 | 2.2 | 11.97 | 87.37 |
| Expenses | 118 | 182 | 117 | 133 | 52.76 | 2.23 | 4.89 | 73.82 |
| Operating profit | 5.87 | 12.09 | -0.15 | -5.31 | 12.97 | -0.03 | 7.08 | 13.55 |
| OPM % | 4.75% | 6.24% | -0.13% | -4.16% | 19.73% | -1.36% | 59.15% | 15.51% |
| Other income | 0 | -4.16 | 0 | 0 | 0 | 16.09 | 0 | 0 |
| Interest | 3.22 | 4.87 | 5.1 | 4.93 | 5.14 | 5.67 | 4.57 | 6.25 |
| Depreciation | 2.55 | 2.58 | 2.84 | 2.69 | 2.7 | 2.69 | 2.79 | 2.77 |
| Profit before tax | 0.1 | 0.48 | -8.09 | -12.93 | 5.13 | 7.7 | -0.28 | 4.53 |
| Tax % | 40.00% | 241.67% | -26.21% | -25.21% | 27.29% | 13.90% | 267.86% | 31.79% |
| Net profit | 0.06 | -0.68 | -5.97 | -9.67 | 3.73 | 6.63 | -1.03 | 3.09 |
| EPS (₹) | 0.01 | -0.08 | -0.70 | -1.14 | 0.44 | 0.61 | -0.07 | 0.21 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
S.A.L. Steel Ltd annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 361 | 446 | 571 | 408 | 301 | 505 | 496 | 577 | 544 | 207 | 167 |
| Operating profit | 10 | 6 | 9 | -18 | -0 | -4 | 8 | 21 | 23 | 15 | 34 |
| OPM % | 2.7% | 1.4% | 1.6% | -4.5% | -0.1% | -0.7% | 1.7% | 3.7% | 4.3% | 7% | 20% |
| Net profit | 1 | 42 | -22 | 16 | 12 | 12 | 4 | 0 | -6 | -0 | 12 |
| EPS (₹) | 0.10 | 4.99 | -2.54 | 1.87 | 1.36 | 1.36 | 0.42 | 0.06 | -0.76 | -0.02 | 1.19 |
TTM is the trailing twelve months to the most recent quarter.
S.A.L. Steel Ltd balance sheet
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 145 |
| Reserves | -124 | -65 | -86 | -70 | -59 | -47 | -43 | -43 | -46 | 2 |
| Borrowings | 172 | 175 | 170 | 161 | 146 | 124 | 125 | 125 | 178 | 349 |
| Other liabilities | 162 | 87 | 114 | 139 | 123 | 129 | 110 | 117 | 122 | 126 |
| Total liabilities | 296 | 282 | 283 | 314 | 295 | 291 | 277 | 284 | 338 | 621 |
| Fixed assets | 133 | 128 | 126 | 118 | 155 | 146 | 136 | 143 | 151 | 142 |
| CWIP | 25 | 25 | 11 | 46 | 1 | 1 | 3 | 1 | 1 | 174 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 138 | 130 | 147 | 150 | 139 | 144 | 137 | 140 | 187 | 306 |
| Total assets | 296 | 282 | 283 | 314 | 295 | 291 | 277 | 284 | 338 | 621 |
As reported by the company. Total assets equal total liabilities by construction.
S.A.L. Steel Ltd cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | -6 | 7 | -4 | 54 | 24 | 22 | 8 | 26 | -21 | -84 |
| Cash from investing | -1 | -3 | 8 | -35 | -1 | 0 | -2 | -13 | -18 | -175 |
| Cash from financing | 7 | -3 | -6 | -18 | -22 | -22 | -7 | -13 | 39 | 259 |
| Net cash flow | 0 | 1 | -2 | 0 | 1 | 0 | -1 | 0 | -0 | 0 |
| Free cash flow | -6 | 4 | 4 | 18 | 23 | 22 | 8 | 26 | -40 | -259 |
| CFO / operating profit | -61% | 108% | -44% | -295% | -8,893% | -729% | 126% | 123% | -91% | -581% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
S.A.L. Steel Ltd operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 5% | 1% | 2% | 11% | 7% | 10% | 8% | 8% | 7% | 1% |
| Debtor days | 51 | 28 | 58 | 107 | 104 | 40 | 51 | 42 | 45 | 3 |
| Inventory days | 92 | 85 | 28 | 22 | 56 | 47 | 57 | 40 | 81 | 543 |
| Days payable | 44 | 30 | 43 | 75 | 111 | 46 | 28 | 32 | 17 | 58 |
| Cash conversion cycle | 99 | 83 | 43 | 54 | 50 | 41 | 81 | 50 | 110 | 488 |
| Working capital days | -43 | 35 | 23 | 10 | 8 | -71 | 32 | 25 | 19 | 293 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
S.A.L. Steel Ltd shareholding pattern
Promoters held 70.98% at Jun 2026, up from 50.56% at Jun 2025. FIIs 0.00%.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 50.56% | 50.56% | 50.56% | 50.56% | 50.56% | 61.47% | 70.98% | 70.98% |
| FIIs | 0.07% | 0.05% | 0.00% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 49.36% | 49.38% | 49.44% | 49.29% | 49.44% | 38.53% | 29.01% | 29.01% |
| No. of shareholders | 65,097 | 63,904 | 64,486 | 63,565 | 60,884 | 57,124 | 55,132 | 53,818 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
S.A.L. Steel Ltd corporate filings
- Submission of Certificate under Reg. 74(5) of SEBI (DP) Regulation, 2018 for the Quarter ended on September 30, 2026Company Updatelow impact
- Vora Financial Services Pvt Ltd. acquires 5.05% stake in Sal Steel Limited, crossing the 5% threshold for the first time, triggering mandatory SEBI disclosure obligationsInsider Trading / SASThigh impact
Cruxal's analysis: Vora Financial Services has disclosed acquiring 73.06 lakh equity shares of Sal Steel…
Read the full analysis - S.A.L. Steel Ltd avails Rs 75 crore additional term loan from Kotak Mahindra BankCompany Updatelow impact
Cruxal's analysis: The company announced on October 1, 2026, that its Board of Directors approved an…
Read the full analysis - SAL Steel Ltd. secures Rs. 75 crore term loan from Kotak Mahindra Bank to refinance ICDs, with total facilities now Rs. 124 croreOthersmedium impact
Cruxal's analysis: SAL Steel Ltd. announced on October 1, 2026, that its Board approved a new Rs. 75 crore…
Read the full analysis - SAL Steel Ltd. Announces Successful Conclusion of 23rd Annual General Meeting and Voting ResultsAGM/EGMlow impact
Cruxal's analysis: SAL Steel Ltd. has formally declared the voting results of its 23rd Annual General…
Read the full analysis - S A L Steel Limited concludes 23rd Annual General Meeting with routine resolutionsCompany Updatelow impact
Cruxal's analysis: S A L Steel Limited has successfully concluded its 23rd Annual General Meeting held on…
Read the full analysis - S A L Steel Limited Concludes 23rd Annual General Meeting; Adopts Financial Statements and Regularizes Independent DirectorAGM/EGMlow impact
Cruxal's analysis: S A L Steel Limited has successfully concluded its 23rd Annual General Meeting held on…
Read the full analysis - Trading Window for dealing in the securities of the company by designated Persons shall remain closed from October 01, 2026 till 48 hours after announcement/declaration of Financial Results ....Insider Trading / SASTlow impact
- S.A.L. Steel Ltd announces 23rd Annual General Meeting details via newspaper publicationCompany Updatelow impact
Cruxal's analysis: S.A.L. Steel Ltd has submitted newspaper clippings regarding the notice of its 23rd…
Read the full analysis - S.A.L. Steel Ltd submits 2025-26 Annual Report and announces 23rd Annual General MeetingOtherslow impact
Cruxal's analysis: S.A.L. Steel Ltd has filed its Annual Report for the financial year 2025-26, which…
Read the full analysis - SAL Steel Ltd. Announces 23rd Annual General Meeting for September 25, 2026AGM/EGMlow impact
Cruxal's analysis: SAL Steel Ltd. has issued a formal notice for its 23rd Annual General Meeting (AGM) to be…
Read the full analysis - SAL Steel Ltd. reports Q1 FY27 financial results with net loss of 0.21 croreCompany Updatemedium impact
Cruxal's analysis: SAL Steel Ltd. reported its unaudited standalone financial results for the quarter ended…
Read the full analysis - SAL Steel Ltd. appoints Mrs. Monika Goyal as Additional Independent DirectorCompany Updatelow impact
Cruxal's analysis: SAL Steel Ltd. has announced the appointment of Mrs. Monika Goyal as an Additional…
Read the full analysis - SAL Steel Reports Q1 FY27 Turnaround with INR 3.09 Crore Net Profit Amidst Operational RecoveryBoard Meetinghigh impact
Cruxal's analysis: SAL Steel Limited has reported a significant financial turnaround for the quarter ended…
Read the full analysis - Vora Financial Services Acquires 5.05% Stake in SAL Steel Limited via Open MarketInsider Trading / SASTmedium impact
Cruxal's analysis: SAL Steel Limited has disclosed that Vora Financial Services Private Limited has acquired…
Read the full analysis - SAL Steel Ltd. schedules Board Meeting for August 14, 2026, to approve Q1 FY27 financial resultsBoard Meetinglow impact
Cruxal's analysis: SAL Steel Ltd. has formally intimated the stock exchanges regarding a Board Meeting…
Read the full analysis - S.A.L. Steel Ltd publishes public notice following SEBI directive dated July 30, 2026Company Updatelow impact
Cruxal's analysis: S.A.L. Steel Ltd has submitted a public notice in compliance with a SEBI letter dated…
Read the full analysis
This page shows filings on a one-hour delay. Sign in to see them as they land, with Cruxal's analysis of what each one means.
Cruxal publishes market data and coverage for information only. Nothing here is investment advice.