Want to see IN:SALSTEEL full AI Analyst Report?
SALSTEEL Stock Chart & Stats
₹60.07
₹1.52(2.55%)
At close: 4:00 PM EDT
₹60.07
₹1.52(2.55%)
Day’s Range― - ―
52-Week Range₹26.11 - ₹86.32
Previous CloseN/A
Volume135.20K
Average Volume (3M)97.40K
Market Cap
₹11.73B
Enterprise Value₹8.82K
Total Cash (Recent Filing)₹4.70M
Total Debt (Recent Filing)₹3.48B
Price to Earnings (P/E)63.2
Beta1.50
Next Earnings
Nov 06, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.09
Shares Outstanding144,766,700
10 Day Avg. Volume61,702
30 Day Avg. Volume97,397
Financial Highlights & Ratios
PEG Ratio9.71
Price to Book (P/B)2.20
Price to Sales (P/S)1.55
P/FCF Ratio-1.15
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Established Steel Manufacturing BaseAn established manufacturing and sales platform gives SALSTEEL an operating base in industrial and infrastructure markets. This can support recovery when steel demand, plant utilization, product mix, and selling-price spreads improve.
Earlier Positive Cash GenerationHistorical positive operating and free cash flow indicates the business has previously been capable of converting operations into cash. That track record provides a foundation for a potential recovery, although recent cash burn materially weakens this support.
Improved Equity BaseThe larger equity base and lower debt-to-equity ratio versus FY2025 provide some balance-sheet support and reduce relative leverage pressure. However, this remains only a partial offset because absolute debt is still elevated.
Bears Say
Severe Revenue And Margin DeclineThe sharp contraction in revenue and gross margin signals substantial deterioration in demand, pricing, product mix, or cost absorption. Sustained weakness would reduce operating resilience and make recovery dependent on a meaningful improvement in steel spreads and utilization.
Elevated And Rising DebtHigher absolute debt increases refinancing, interest, and liquidity pressure for a cyclical steel producer. Leverage can constrain investment and operating flexibility, particularly while profitability is negative and cash generation remains weak.
Deep Negative Cash FlowLarge negative operating and free cash flow indicate that current operations are consuming liquidity rather than funding debt service or reinvestment. Continued cash burn could increase dependence on borrowing or external capital and amplify balance-sheet risk.
SALSTEEL FAQ
What was S.A.L. Steel Ltd.’s price range in the past 12 months?
S.A.L. Steel Ltd. lowest stock price was ₹26.11 and its highest was ₹86.32 in the past 12 months.
What is S.A.L. Steel Ltd.’s market cap?
S.A.L. Steel Ltd.’s market cap is ₹11.73B.
When is S.A.L. Steel Ltd.’s upcoming earnings report date?
S.A.L. Steel Ltd.’s upcoming earnings report date is Nov 06, 2026 which is in 57 days.
How were S.A.L. Steel Ltd.’s earnings last quarter?
S.A.L. Steel Ltd. released its earnings results on Aug 14, 2026. The company reported ₹0.213 earnings per share for the quarter.
Is S.A.L. Steel Ltd. overvalued?
According to Wall Street analysts S.A.L. Steel Ltd.’s price is currently Overvalued.
Does S.A.L. Steel Ltd. pay dividends?
S.A.L. Steel Ltd. does not currently pay dividends.
What is S.A.L. Steel Ltd.’s EPS estimate?
S.A.L. Steel Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does S.A.L. Steel Ltd. have?
S.A.L. Steel Ltd. has 144,766,700 shares outstanding.
What happened to S.A.L. Steel Ltd.’s price movement after its last earnings report?
S.A.L. Steel Ltd. reported an EPS of ₹0.213 in its last earnings report. Following the earnings report the stock price went down -5.027%.
Which hedge fund is a major shareholder of S.A.L. Steel Ltd.?
Currently, no hedge funds are holding shares in IN:SALSTEEL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
S.A.L. Steel Ltd.
S.A.L. Steel Limited, established in Gandhinagar, India in 2003, specializes in the production and global distribution of sponge iron and ferroalloys. The company operates through its dedicated Iron & Steel and Power divisions. Beyond its core offerings, it also supplies iron ore pellets and a range of finished steel items, primarily serving the needs of the iron and steel sectors. Furthermore, the company contributes to energy supply by generating and selling 40 megawatts of electricity, produced using waste heat recovery and fluidized bed combustion boiler technologies.
Technical Analysis
Hariom Pipe Industries Ltd.
―
Manaksia Steels Ltd
―
Rama Steel Tubes Ltd.
―
Vibhor Steel Tubes Ltd.
―
Scoda Tubes Ltd.
―








