SALSTEEL · S.A.L. Steel Ltd · Iron & Steel
SALSTEEL · S.A.L. Steel Ltd · Iron & Steel
As of 06 Nov close
52-week range
11.7% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 16 Oct 2026
Revenue (latest Q)
₹87 Cr
Revenue YoY
PAT YoY
+131.9%
Operating margin
Revenue, last 5 quarters
P/E (TTM)
P/B
8.1
P/S (TTM)
Not available from data source
Sector P/E
Not available from data source
Dividend yield
Not available from data source
Source: Yahoo Finance, as of 29 Oct 2026
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| SALSTEEL (this stock) | 61.3 | 8.1 | +7.4% | +8.5% | 2.38 | Not available from data source |
| JSW Steel * | 12.1 | 3.1 | +13.1% | +24.8% | 1.19 | +0.6% |
| Tata Steel * | 21.2 | 2.8 | +4.6% | +10.8% | 0.9 | +2.2% |
| Jindal Steel * | 39.9 | 2.3 | +4.8% | +5.3% | 0.44 | +0.2% |
* Net margin, ROE, D/E and dividend yield for these companies come from RedixFi fundamentals; the data vendor had no values for them.
Promoter
stable
FII
rising 1q
MF
Not available from data source
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedS.A.L. Steel Limited's FY2025-26 annual report highlights a transition period marked by plant shutdowns and management changes, impacting production and sales. The company emphasizes governance reforms, risk management, and strategic focus on restoring operations and optimizing costs. It outlines challenges from energy price volatility, raw material availability, and global trade dynamics, while noting government initiatives supporting the steel sector. The report underscores the importance of internal controls, compliance, and sustainable growth.
- Transition period with plant shutdowns and management changes affecting production and sales
- Commitment to governance reforms, risk management, and operational optimization
- Focus on restoring production capacity and managing raw material and energy costs
Key takeaway: S.A.L. Steel Limited is navigating a transition phase with operational challenges, emphasizing governance, risk mitigation, and strategic focus on restoring production and optimizing costs amid industry and market uncertainties.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (1 item); Regulatory Action (2 items); Default / Covenant Breach (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
1 occurrenceEarlier (1-3 years ago)
The auditor of S.A.L. Steel Limited issued a qualified opinion on the standalone financial statements for the year ended March 31, 2025, indicating that the statements do not present a true and fair view due to the effect of the matter described in the Basis for Qualified Opinion section of the report.
Regulatory Action
2 occurrencesRecent (last 12 months)
The company has been imposed penalties by exchange due to non-compliance on any matter related to capital markets.
Earlier (1-3 years ago)
The company received financial penalties and advisory warnings from stock exchanges BSE and NSE, as detailed in Annexure-B.
Default / Covenant Breach
1 occurrenceEarlier (1-3 years ago)
S.A.L. STEEL LIMITED has not regularly deposited Goods & Service Tax during the year, and as of 31st March 2025, had outstanding dues including deferred sales tax liability of Rs.135.78 lakhs and VAT dues of Rs.1607.21 lakhs.
Routine disclosures
Contingent Liability
2 occurrencesRecent (last 12 months)
The company has pending litigations and claims with multiple tax authorities (Service tax, VAT, Income Tax, Excise, GST, customs) and customer claims not acknowledged as debt, which may result in significant contingent liabilities.
Earlier (1-3 years ago)
The company has pending litigations and claims from multiple tax authorities (Service tax, VAT, Income Tax, Excise, customs) and customer claims not acknowledged as debt, which may result in contingent liabilities with potentially significant amounts involved.
Related-Party Transaction
1 occurrenceEarlier (1-3 years ago)
The company has disclosed related party transactions with entities such as Shah Alloys Limited, SAL Corporation Pvt Ltd, SAL Care Pvt Ltd, and Adarsh Foundation, involving purchases, sales, convertible share warrants, and CSR payments, with amounts specified in lakhs for the fiscal years 2024-25 and 2023-24.
Management & Board Governance
2 occurrencesRecent (last 12 months)
The company's Chief Financial Officer (CFO) has resigned effective 03rd April 2026, and the company is in the process of appointing a new CFO.
Earlier (1-3 years ago)
Shri Shrikant N. Jhaveri and Shri Ambalal C. Patel resigned from the Audit Committee on 27.09.2024 due to completion of their term as Independent Directors. Shri Bipin A. Gosalia was appointed as Chairman and Shri Mitesh V. Jariwala as Member on 28.09.2024. Shri Mitesh V. Jariwala was later appointed as Chairman on 18.03.2025 due to Shri Bipin Gosalia's inability to attend meetings.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
24.54% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).