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S.A.L Steel

  • Market Cap: Micro Cap
  • Industry: Steel/Sponge Iron/Pig Iron
  • ISIN: INE658G01014
  • NSEID: SALSTEEL
  • BSEID: 532604
INR
18.90
1.04 (5.82%)
BSENSE

Apr 11, 12:49 PM

BSE+NSE Vol: 8.55 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

18.1619.00

52 Week

16.0031.17
Valuation
Technical
Day's Volume

CASH

8.55 k (-69.29%) Volume

Shareholding (Dec 2024)

FII

0.05%

Held by 2 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

50.56%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

High Debt company with Weak Long Term Fundamental Strength

  • Poor long term growth as Net Sales has grown by an annual rate of 4.14% over the last 5 years
  • High Debt Company with a Debt to Equity ratio (avg) at 0 times
  • The company has been able to generate a Return on Capital Employed (avg) of 8.33% signifying low profitability per unit of total capital (equity and debt)
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

4

45.39% of Promoter Shares are Pledged

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Steel/Sponge Iron/Pig Iron

stock-summary
Market cap

INR 161 Cr (Micro Cap)

stock-summary
P/E

24.00

stock-summary
Industry P/E

29

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

2.74

stock-summary
Return on Equity

14.14%

stock-summary
Price to Book

3.35

Revenue and Profits (1 Year):
Net Sales:
194 Cr
(Quarterly Results - Dec 2024)
Net Profit:
-1 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-29.4%
0%
-29.4%
1 Year
-6.3%
0%
-6.3%
2 Years
13.72%
0%
13.72%
3 Years
65.07%
0%
65.07%
4 Years
325.68%
0%
325.68%
5 Years
1018.34%
0%
1018.34%

S.A.L Steel for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
4.14%
EBIT Growth (5y)
73.58%
EBIT to Interest (avg)
3.44
Debt to EBITDA (avg)
8.32
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.85
Tax Ratio
49.66%
Dividend Payout Ratio
0
Pledged Shares
45.39%
Institutional Holding
0.05%
ROCE (avg)
4.97%
ROE (avg)
19.09%
Valuation key factors
Factor
Value
P/E Ratio
24
Industry P/E
29
Price to Book Value
3.35
EV to EBIT
12.07
EV to EBITDA
8.35
EV to Capital Employed
1.63
EV to Sales
0.49
PEG Ratio
0.06
Dividend Yield
NA
ROCE (Latest)
7.93%
ROE (Latest)
14.14%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

45.3916

Mutual Funds

Held by 0 Schemes

FIIs

Held by 2 FIIs (0.05%)

Promoter with highest holding

Shah Alloys Limited (35.61%)

Highest Public shareholder

Jaideep Sampat (1.56%)

Individual Investors Holdings

42.46%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 56.75% vs 11.54% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -1,233.33% vs -62.50% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "193.56",
          "val2": "123.48",
          "chgp": "56.75%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "11.89",
          "val2": "5.87",
          "chgp": "102.56%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "4.67",
          "val2": "3.22",
          "chgp": "45.03%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-4.16",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-0.68",
          "val2": "0.06",
          "chgp": "-1,233.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.14%",
          "val2": "4.75%",
          "chgp": "1.39%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -24.52% vs 22.78% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -8.33% vs -91.55% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "234.18",
          "val2": "310.24",
          "chgp": "-24.52%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "11.85",
          "val2": "11.41",
          "chgp": "3.86%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "6.40",
          "val2": "6.34",
          "chgp": "0.95%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.22",
          "val2": "0.24",
          "chgp": "-8.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "5.06%",
          "val2": "3.68%",
          "chgp": "1.38%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -2.16% vs 12.32% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 79.46% vs -161.20% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "427.74",
          "val2": "437.18",
          "chgp": "-2.16%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "23.74",
          "val2": "13.68",
          "chgp": "73.54%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "11.07",
          "val2": "9.56",
          "chgp": "15.79%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-4.16",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-0.46",
          "val2": "-2.24",
          "chgp": "79.46%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "5.55%",
          "val2": "3.11%",
          "chgp": "2.44%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 16.32% vs -1.89% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -86.72% vs -69.35% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "576.64",
          "val2": "495.73",
          "chgp": "16.32%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "22.99",
          "val2": "22.88",
          "chgp": "0.48%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "12.73",
          "val2": "7.82",
          "chgp": "62.79%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.47",
          "val2": "3.54",
          "chgp": "-86.72%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "3.99%",
          "val2": "4.62%",
          "chgp": "-0.63%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
193.56
123.48
56.75%
Operating Profit (PBDIT) excl Other Income
11.89
5.87
102.56%
Interest
4.67
3.22
45.03%
Exceptional Items
-4.16
0.00
Standalone Net Profit
-0.68
0.06
-1,233.33%
Operating Profit Margin (Excl OI)
6.14%
4.75%
1.39%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 56.75% vs 11.54% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is -1,233.33% vs -62.50% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
234.18
310.24
-24.52%
Operating Profit (PBDIT) excl Other Income
11.85
11.41
3.86%
Interest
6.40
6.34
0.95%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.22
0.24
-8.33%
Operating Profit Margin (Excl OI)
5.06%
3.68%
1.38%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -24.52% vs 22.78% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -8.33% vs -91.55% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
427.74
437.18
-2.16%
Operating Profit (PBDIT) excl Other Income
23.74
13.68
73.54%
Interest
11.07
9.56
15.79%
Exceptional Items
-4.16
0.00
Standalone Net Profit
-0.46
-2.24
79.46%
Operating Profit Margin (Excl OI)
5.55%
3.11%
2.44%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -2.16% vs 12.32% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 79.46% vs -161.20% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
576.64
495.73
16.32%
Operating Profit (PBDIT) excl Other Income
22.99
22.88
0.48%
Interest
12.73
7.82
62.79%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.47
3.54
-86.72%
Operating Profit Margin (Excl OI)
3.99%
4.62%
-0.63%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 16.32% vs -1.89% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -86.72% vs -69.35% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About S.A.L Steel Ltd stock-summary
stock-summary
S.A.L Steel Ltd
Micro Cap
Steel/Sponge Iron/Pig Iron
S.A.L. Steel Limited, incorporated in 2003, is engaged in manufacturing Sponge Iron, Ferro Alloys, Manganese Steel (MS) & Stainless Steel (SS) Angel and Power. Because of the Captive power generation, company has advantage of low power cost per unit of manufacturing. Company is generating 40 MW Power from waste Heat recovery Boiler & Fluidized Bed Combustion boiler with economic price. Power generated is used for captive consumption and surplus power is sold resulting profit.
Company Coordinates stock-summary
Company Details
5/1 Shreeji House 5th Floor, Behind M J Library Ashram Road Ahmedabad Gujarat : 380006
stock-summary
Tel:
stock-summary
http://www.salstel.co.in
stock-summary
sal.investor@salsteel.co.in
Registrar Details
Karvy Computershare Pvt Ltd, Plot No 17-24 , Near Image Hospital,, Reliance Cybervilae,Vithalrao Nagar,, Madhapur, Hyderabad
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