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NIFTY 5024,980.40+0.35%
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NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
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TCS₹4,124.50+1.18%
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Scan Steels Limited

Scan Steels Limited

NSE: SCANSTL
SteelNon-Energy MineralsSMALL CAPMCap ₹364.5 Cr
₹48.92₹0.24 (+0.49%)

Market Closed • NSE

Market cap₹364.5 Cr
Enterprise value₹363.1 Cr
P/E TTM11.96
P/B0.64
EPS TTM₹4.09
ROCE6.96%
D/E0.16
Dividend yield0.00%
Face value₹10.00
52W high₹66.45
52W low₹45.31
Price chart(1Y)
1Y Return:+21.90% (+₹8.79)
H: ₹66.45L: ₹32.51
1W+3.75%
1M-13.14%
3M+25.44%
Today at a glance

Day range

₹48.56₹50.60

52 week range

₹45.31₹66.45
Volume9.2K0.27x 20D avg
Free float50.00%-72.70% volume

Scan Steels Limited closed at INR48.92 (+0.49%) on volume 0.27x its 20-day average, trading 26.38% below its 52-week high.

Technical analysis
RSI (14)40.3Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹3.00High
SMA 20₹51.47BEARISH
SMA 50₹55.57BEARISH
SMA 100₹47.50BULLISH
SMA 200—N/A
CPR bottom₹49.36
Pivot₹49.13
CPR top₹48.91
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +62.5% QoQ

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹72.0 Cr₹364.5 Cr19.75%≤ 33%PASS
Non-halal income ratio–₹838.0 Cr0.00%≤ 5%PASS
Illiquid assets ratio–₹609.0 Cr—≥ 20%PASS
Receivables ratio–₹609.0 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E11.967.80
Forward P/E——
P/B0.640.60
EV/EBITDA7.4018.00
PEG—1.50
Earnings yield8.4012.80
Growth & profitability
RevenuePAT
FY23PAT margin 1.40%
FY24PAT margin 2.20%
FY25PAT margin 2.80%
FY26PAT margin 2.60%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y-8.40%
Revenue CAGR 5Y—
PAT CAGR 3Y+13.60%
PAT CAGR 5Y—
Operating margin7.56%
Net margin2.87%
Financial health & cash flow
Net debt₹72.0 CrHealthy
Interest coverage6.10xEBIT / interest
CFO / PAT1.94x3Y average
Net debt / EBITDA1.47xLeverage
Operating cash flow₹37.0 Cr
Capital expenditure–
Free cash flow₹37.0 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall73/100
Valuation75/100
Profitability50/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.16x

High Cash Flow Conversion: CFO/PAT averaged 1.94x over last 3 years

Attractive Valuation: P/E of 12.0x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Steel.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
2.05%Institutional holding
49.06%Public holding
5Periods available
0.00%Promoter pledged
11.61KShareholders
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

4 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Deccan Gold Mines Limited
Deccan Gold Mines LimitedDECNGOLD
Open analysis
₹3,970.45—0.00%————
Nile Limited
Nile LimitedNILE
Open analysis
₹373.117.830.00%₹280.72₹8.14+14.43%-45.44%
Scan Steels Limited
Scan Steels LimitedSCANSTL
Current stock
₹364.5111.960.00%₹258.00₹13.00+11.21%+30.00%
Shri Bajrang Alliance Limited
Shri Bajrang Alliance LimitedSHBAJRG
Open analysis
₹149.973.310.00%₹104.98₹9.65+17.51%+12.47%
About Scan Steels Limited
Scan Steels Limited

Incorporated in 1990, Scan Steels Ltd manufactures steel products and generates power for captive consumption[1]

IndiaNon-Energy Minerals

Questions investors ask
Is Scan Steels Limited Shariah compliant?

Scan Steels Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (19.75%) complies with AAOIFI threshold (≤ 33%).

What is Scan Steels Limited's current valuation relative to peers?

Scan Steels Limited trades at a P/E of 12.0x compared to the sector median of 7.8x, and a Price-to-Book of 0.6x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.16x and a Net Debt to EBITDA ratio of 1.47x. Interest coverage is 6.1x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-09. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.