Scan Steels Ltd
Incorporated in 1990, Scan Steels Ltd manufactures steel products and generates power for captive consumption[1]
- Market Cap ₹ 228 Cr.
- Current Price ₹ 37.5
- High / Low ₹ 48.5 / 24.4
- Stock P/E 11.5
- Book Value ₹ 75.3
- Dividend Yield 0.00 %
- ROCE 7.05 %
- ROE 4.61 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.50 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 2.75% over past five years.
- Company has a low return on equity of 4.50% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 448 | 387 | 381 | 509 | 695 | 668 | 732 | 1,000 | 1,091 | 965 | 789 | 838 | |
| 396 | 379 | 364 | 451 | 652 | 627 | 663 | 914 | 1,042 | 917 | 743 | 789 | |
| Operating Profit | 51 | 8 | 16 | 58 | 43 | 40 | 69 | 86 | 49 | 48 | 46 | 49 |
| OPM % | 11% | 2% | 4% | 11% | 6% | 6% | 9% | 9% | 4% | 5% | 6% | 6% |
| 2 | 2 | 2 | 1 | 1 | 1 | 4 | 2 | 6 | 2 | 4 | 2 | |
| Interest | 36 | 31 | 13 | 36 | 15 | 15 | 11 | 10 | 20 | 10 | 9 | 8 |
| Depreciation | 12 | 12 | 20 | 17 | 13 | 13 | 14 | 13 | 13 | 15 | 16 | 16 |
| Profit before tax | 5 | -33 | -15 | 5 | 17 | 13 | 48 | 66 | 22 | 24 | 26 | 27 |
| Tax % | 50% | -94% | -21% | 136% | 61% | 98% | 36% | 23% | 30% | 27% | 25% | 25% |
| 3 | -2 | -12 | -2 | 7 | 0 | 31 | 51 | 15 | 18 | 20 | 20 | |
| EPS in Rs | 0.71 | -0.37 | -2.29 | -0.38 | 1.27 | 0.06 | 5.87 | 9.70 | 2.93 | 3.39 | 3.35 | 3.38 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 3% |
| 3 Years: | -8% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 30% |
| 5 Years: | -7% |
| 3 Years: | 18% |
| TTM: | 13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 8% |
| 3 Years: | -1% |
| 1 Year: | 0% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 6% |
| 3 Years: | 5% |
| Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 38 | 49 | 52 | 52 | 52 | 52 | 52 | 52 | 52 | 52 | 59 | 59 |
| Reserves | 154 | 210 | 210 | 211 | 216 | 217 | 248 | 298 | 314 | 341 | 359 | 383 |
| 252 | 224 | 212 | 198 | 153 | 144 | 96 | 106 | 112 | 125 | 62 | 72 | |
| 152 | 116 | 90 | 83 | 48 | 64 | 78 | 82 | 87 | 86 | 94 | 89 | |
| Total Liabilities | 597 | 598 | 563 | 544 | 470 | 478 | 474 | 539 | 566 | 605 | 574 | 601 |
| 264 | 295 | 284 | 293 | 284 | 272 | 269 | 260 | 281 | 279 | 264 | 251 | |
| CWIP | 29 | 0 | 9 | 0 | 1 | 2 | 0 | 5 | 2 | 1 | 20 | 41 |
| Investments | 0 | 2 | 2 | 1 | 1 | 1 | 0 | 8 | 13 | 26 | 21 | 38 |
| 304 | 302 | 268 | 250 | 185 | 203 | 204 | 266 | 269 | 299 | 269 | 271 | |
| Total Assets | 597 | 598 | 563 | 544 | 470 | 478 | 474 | 539 | 566 | 605 | 574 | 601 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 70 | 70 | 3 | -69 | 4 | 30 | 35 | 49 | 53 | 78 | 7 | 37 | |
| -25 | -93 | 3 | 57 | 0 | -7 | -0 | -26 | -32 | -26 | -15 | -38 | |
| -46 | 28 | 1 | 26 | -27 | -24 | -34 | -4 | -33 | -30 | -14 | -5 | |
| Net Cash Flow | -1 | 5 | 7 | 13 | -23 | -1 | 1 | 19 | -12 | 22 | -22 | -5 |
| Free Cash Flow | 47 | 56 | -7 | -82 | 2 | 25 | 31 | 41 | 26 | 66 | -12 | 13 |
| CFO/OP | 138% | 877% | 22% | -118% | 19% | 76% | 51% | 62% | 119% | 176% | 27% | 91% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 71 | 50 | 52 | 43 | 17 | 17 | 14 | 20 | 14 | 9 | 5 | 9 |
| Inventory Days | 174 | 126 | 90 | 107 | 73 | 98 | 93 | 60 | 67 | 88 | 111 | 103 |
| Days Payable | 113 | 75 | 77 | 33 | 10 | 22 | 11 | 8 | 7 | 3 | 4 | 3 |
| Cash Conversion Cycle | 131 | 100 | 65 | 117 | 80 | 92 | 96 | 72 | 74 | 95 | 112 | 108 |
| Working Capital Days | -30 | -120 | -117 | -1 | 17 | 23 | 37 | 39 | 33 | 23 | 43 | 42 |
| ROCE % | 9% | -0% | -0% | 9% | 7% | 7% | 14% | 18% | 8% | 7% | 6% | 7% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Production Volume - MS Billets / Ingots MT |
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| Production Volume - Sponge Iron MT |
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| Production Volume - TMT Rebars / Long Products MT |
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| Sales Volume - TMT Bars MT |
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| Installed Capacity - TMT Production MTPA |
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| Installed Capacity - Sponge Iron MTPA |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 May - Newspaper publication of Audited Standalone and Consolidated Financial Results of the Company for the quarter & year ended March 31, 2026.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
15 May - Q4FY26 PAT rose 65% YoY to Rs 78 Mn; company outlined Rs 600 Mn and Rs 1,000 Mn capex plans.
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Announcement Under Regulation 30 (LODR) - Outcome Of Board Meeting - Audited Financial Results (Standalone And Consolidated) For The Quarter And Year Ended March 31, 2026.
15 May - Board approved FY26 audited results; standalone profit ₹1,980.53 lakh, consolidated profit ₹2,201.25 lakh.
- Results - Audited Financial Results (Standalone And Consolidated) For The Quarter And Year Ended March 31, 2026. 15 May
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Board Meeting Outcome for Outcome Of Board Meeting - Audited Financial Results (Standalone And Consolidated) For The Quarter And Year Ended March 31, 2026.
15 May - Board approved audited FY26 standalone and consolidated results; auditor issued unmodified opinion.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Business Overview:[1][2]
SSL is an ISO 9001:2008, ISO:14001, OHSAS: 18001 & ISI:1786 Certified integrated manufacturer of Iron & Steel products like MS Billets & TMT rods through secondary steel manufacturing