Shah Alloys financials

·Capital Goods & DefenceChart ›
Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹0.0cr−100.0% on Q1 FY26
Net profit
−₹2.1cr−₹2.8 cr in Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue0.023.6−100.0%
EBITDA−1.1−0.9—
Profit before tax−2.8−3.6—
Net profit−2.1−2.8—
EPS−₹1.05−₹1.43—

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹0.0 crNet profit₹−2.1 crNet margin−862.5%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
140————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
1.11.12.60.20.2
63.063.078.980.273.7
202————
13.637.3267—626
—−86.0%———
4.35.0−20.1—4.0
31.2%13.4%−7.5%—0.6%
−1.7−1.6−29.3—−4.9
76.672.6−27.3—6.7
562.0%194.8%−10.2%—1.1%
₹38.69₹36.67−₹13.78—₹3.37
—+366.0%———
—−71.0−4.5—44.5
—−0.6−0.2—0.0
−71.6−71.6−4.7—44.5
Open the chart

From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.

SHAHALLOYS₹70.84

Shah Alloys Limited

· Capital Goods & Defence
₹ CrorePeersRUDRAVSTLVMSTMTINCREDIBLEMWLBEDMUTHASMLTSHAHMcap ₹140 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————140.3
- Cash, Equiv & ST Investments0.20.22.61.11.1
+ Total Debt73.780.278.963.063.0
Enterprise Value————202.2
Revenue626.3—266.537.313.6
Growth %, YoY———-86.0—
EBITDA4.0—-20.15.04.3
Margin %0.64—-7.5313.3631.18
EBIT-4.9—-29.3-1.6-1.7
Net Income6.7—-27.372.676.6
Margin %1.07—-10.24194.79562.00
EPS, Adj (current shares)3.37—-13.7836.6738.69
Growth %, YoY———+366.0—
Cash from Operations44.5—-4.5-71.0—
Capital Expenditures-0.0—-0.2-0.6—
Free Cash Flow44.5—-4.7-71.6-71.6
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · StandaloneFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Shah Alloys financials and key ratios

Prices at the previous close · figures from the company's filings with NSE

Shah Alloys (NSE: SHAHALLOYS) had a market capitalisation of ₹140 crore at the previous close (₹70.84 a share), a PE ratio of 1.8 on the last four quarters' profit and a price-to-book ratio of 1.25. In FY26 its standalone net profit was ₹72.6 crore on revenue of ₹37.3 crore; in Q1 FY27 (April–June 2026) it was a loss of ₹2.1 crore. Its debt-to-equity ratio was 0.56 on 31 March 2026. Promoters held 53.75% of the shares on 30 September 2026.

Share price used
₹70.84 · previous close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

Shah Alloys at a glance · standalone

Market cap
₹140 Crat ₹70.84 · previous close
PE ratio (last 4 quarters)
1.81.9 on FY26 profit
Price to book (PB)
1.25book value ₹56.75 a share
ROE (FY26)
95.1%ROCE −1.9%
Debt to equity
0.56net debt ₹61.9 Cr
Promoter holding
53.75%unchanged vs 30 Jun 202630 September 2026
Net worth
₹112 Cr+178.8% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
−₹71.6 Cr
EPS (FY26)
₹36.67

Questions

What is the Shah Alloys PE ratio today?

Shah Alloys' PE ratio is 1.8 at the previous close (₹70.84 a share): a market capitalisation of ₹140 crore divided by standalone net profit of ₹76.6 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹72.6 crore) it is 1.9. These four quarters include net exceptional items of ₹78.5 crore (one-off gains reported separately), so the ratio on recurring profit would differ.

What is the Shah Alloys PB ratio (price to book value)?

Shah Alloys' price-to-book (PB) ratio is 1.25 at the previous close: a market capitalisation of ₹140 crore divided by shareholders' equity (book value) of ₹112 crore on 31 March 2026. That is a book value of ₹56.75 per share against a share price of ₹70.84.

What is the Shah Alloys ROE and ROCE?

In FY26, Shah Alloys' return on equity (ROE) was 95.1% and its return on capital employed (ROCE) was −1.9%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities).

What is the Shah Alloys market cap?

Shah Alloys' market capitalisation was ₹140 crore at the previous close: 1.98 crore shares at ₹70.84 each.

Is Shah Alloys debt free?

No. Shah Alloys had borrowings of ₹63 crore on 31 March 2026 (standalone balance sheet), a debt-to-equity ratio of 0.56. Its cash and current investments were ₹1.1 crore, so its net debt was ₹61.9 crore.

What is the Shah Alloys EPS?

Shah Alloys' basic earnings per share (EPS) were ₹36.67 in FY26. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹38.69.

What is the Shah Alloys debt to equity ratio?

Shah Alloys' debt-to-equity ratio was 0.56 on 31 March 2026: borrowings of ₹63 crore against total equity of ₹112 crore. A year earlier, on 31 March 2025, it was 1.96.

What is the Shah Alloys promoter holding?

Promoters held 53.75% of Shah Alloys on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What is the Shah Alloys free cash flow?

In FY26, Shah Alloys generated ₹71 crore of cash from operations and spent ₹59 lakh on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹71.6 crore. In FY25 it was −₹4.7 crore.

What is the Shah Alloys net worth?

Shah Alloys' net worth — shareholders' equity in its standalone balance sheet — was ₹112 crore on 31 March 2026, up 178.8% from ₹40.3 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹140 crore at the previous close.

What is the Shah Alloys book value per share?

Shah Alloys' book value per share was ₹56.75 on 31 March 2026: shareholders' equity of ₹112 crore divided by the 1.98 crore shares in issue, up 178.8% from ₹20.35 a year earlier. The share price at the previous close was ₹70.84.

What is the Shah Alloys shareholding pattern?

On 30 September 2026, Shah Alloys' shares were held by promoters 53.75%, foreign portfolio investors (FII/FPI) 0.00% and retail and other non-institutional investors 46.25%. Over the year, FII holding was down 0.03 percentage points from 0.03%.

What are the Shah Alloys latest quarterly results?

Shah Alloys' latest results are for Q1 FY27 (April–June 2026), filed on 12 August 2026: standalone net loss ₹2.1 crore, narrower than the loss of ₹2.8 crore in Q1 FY26.

What is the Shah Alloys revenue and profit in FY26?

In FY26 (April 2025–March 2026), Shah Alloys' standalone net profit was ₹72.6 crore, against a loss of ₹27.3 crore in FY25, on revenue from operations of ₹37.3 crore (down 86.0%). Over three years, from FY23, net profit was up 988.5%.

When are the Shah Alloys next results?

Shah Alloys will announce its Q2 FY27 results (July–September 2026) on Friday, 30 October 2026, the date of the board meeting it has notified to the exchanges.

How does Shah Alloys compare with its peers?

On FY26 standalone figures, against Rudra Global Infra Products, Vibhor Steel Tubes and VMS TMT: Shah Alloys' operating margin of −4.2% is the lowest of the four (Rudra Global Infra Products 5.2%, Vibhor Steel Tubes 2.3%, VMS TMT 6.1%; peer average 4.5%); its return on equity of 95.1% is the highest of the four (Rudra Global Infra Products 9.7%, Vibhor Steel Tubes 4.6%, VMS TMT 9.2%; peer average 7.8%).

Shah Alloys vs Rudra Global Infra Products: how do they compare?

In FY26, Shah Alloys earned net profit of ₹72.6 crore on revenue of ₹37.3 crore, against ₹13.5 crore on ₹623 crore for Rudra Global Infra Products. Shah Alloys' operating margin was −4.2% (Rudra Global Infra Products 5.2%) and its return on equity 95.1% (Rudra Global Infra Products 9.7%).

Where do these Shah Alloys figures come from?

From Shah Alloys' own standalone results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.

Standalone figures from the company's filings with NSE; prices are NSE closing prices.