Shah Alloys Ltd
Incorporated in 1990, Shah Alloys Ltd manufactures and sells Steel and related products[1]
- Market Cap ₹ 121 Cr.
- Current Price ₹ 61.3
- High / Low ₹ 94.2 / 38.8
- Stock P/E 8.11
- Book Value ₹ 37.7
- Dividend Yield 0.00 %
- ROCE 5.09 %
- ROE 10.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 5.47% over past five years.
- Tax rate seems low
- Contingent liabilities of Rs.565 Cr.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.16.9 Cr.
* 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
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
758 | 585 | 419 | 261 | 260 | 299 | 480 | 570 | 489 | 502 | 880 | 626 | 638 | |
877 | 635 | 486 | 340 | 278 | 300 | 480 | 569 | 555 | 486 | 763 | 622 | 647 | |
Operating Profit | -119 | -50 | -67 | -80 | -18 | -1 | -1 | 1 | -66 | 16 | 117 | 4 | -9 |
OPM % | -16% | -9% | -16% | -31% | -7% | -0% | -0% | 0% | -13% | 3% | 13% | 1% | -1% |
3 | 4 | 4 | 4 | 248 | 82 | 142 | -0 | 93 | 45 | 27 | 13 | 17 | |
Interest | 92 | 92 | 93 | 70 | 23 | 14 | 0 | 0 | 0 | 2 | 2 | 3 | 4 |
Depreciation | 32 | 31 | 30 | 39 | 18 | 14 | 14 | 13 | 13 | 13 | 11 | 9 | 9 |
Profit before tax | -240 | -169 | -187 | -184 | 189 | 53 | 127 | -12 | 14 | 47 | 130 | 5 | -5 |
Tax % | 33% | 40% | 31% | 27% | 34% | 19% | 67% | 106% | 204% | 211% | 21% | -25% | |
-161 | -101 | -129 | -135 | 124 | 43 | 42 | 1 | -14 | -52 | 103 | 7 | -1 | |
EPS in Rs | -81.52 | -50.85 | -64.95 | -68.28 | 62.83 | 21.76 | 21.26 | 0.38 | -7.32 | -26.09 | 51.96 | 3.38 | -0.33 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 1% |
5 Years: | 5% |
3 Years: | 9% |
TTM: | -13% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 20% |
3 Years: | 28% |
TTM: | -62% |
Stock Price CAGR | |
---|---|
10 Years: | 31% |
5 Years: | 31% |
3 Years: | 78% |
1 Year: | 23% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
Reserves | -364 | -464 | -593 | -729 | -391 | -280 | -171 | -171 | -33 | -65 | 38 | 45 | 55 |
883 | 881 | 738 | 653 | 419 | 338 | 263 | 238 | 209 | 184 | 117 | 74 | 71 | |
391 | 480 | 717 | 801 | 587 | 566 | 368 | 448 | 241 | 175 | 172 | 197 | 178 | |
Total Liabilities | 930 | 916 | 882 | 744 | 635 | 644 | 479 | 535 | 437 | 314 | 346 | 335 | 323 |
276 | 246 | 216 | 175 | 157 | 143 | 131 | 119 | 106 | 93 | 82 | 73 | 69 | |
CWIP | 18 | 18 | 18 | 13 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
Investments | 40 | 40 | 40 | 5 | 9 | 15 | 22 | 15 | 5 | 9 | 30 | 41 | 50 |
596 | 612 | 608 | 551 | 460 | 476 | 317 | 392 | 316 | 202 | 225 | 212 | 196 | |
Total Assets | 930 | 916 | 882 | 744 | 635 | 644 | 479 | 535 | 437 | 314 | 346 | 335 | 323 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-10 | -8 | 2 | 2 | 49 | 78 | 124 | 14 | 121 | 151 | 68 | 45 | |
6 | 1 | 0 | 74 | 6 | 0 | -1 | -1 | 0 | 0 | 0 | 0 | |
4 | 5 | -2 | -76 | -53 | -80 | -124 | -13 | -121 | -150 | -70 | -46 | |
Net Cash Flow | 0 | -2 | -0 | 0 | 2 | -1 | -1 | -1 | -0 | 1 | -1 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 53 | 42 | 27 | 21 | 14 | 9 | 3 | 18 | 18 | 10 | 6 | 9 |
Inventory Days | 82 | 113 | 120 | 160 | 158 | 241 | 89 | 114 | 87 | 75 | 74 | 90 |
Days Payable | 80 | 104 | 135 | 117 | 140 | 164 | 53 | 105 | 148 | 138 | 73 | 103 |
Cash Conversion Cycle | 55 | 51 | 12 | 64 | 32 | 85 | 39 | 27 | -43 | -53 | 7 | -4 |
Working Capital Days | -76 | -208 | -480 | -1,031 | -740 | -554 | -209 | -223 | -112 | -45 | -3 | -28 |
ROCE % | -23% | -16% | -31% | -137% | -21% | -14% | -6% | -55% | 19% | 84% | 5% |
Documents
Announcements
- Certificate Under Regulation 40(10) Of SEBI (LODR) Regulations, 2015, For The Year Ended 31St March, 2024 16h
- Compliance Certificate Under Regulation 7(3) Of SEBI (LODR), 2015 For The Financial Year Ended 31St March, 2024 8 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 5 Apr
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Disclosure Under Regulation 30 Of SEBI (LODR), 2015
2 Apr - Announcement under Regulation 30 regarding the receipt of notice of demand under Income Tax Act, 1961
Annual reports
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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
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1]
SAL is an ISO 9001:2008 accredited company which manufactures a complete range of stainless steel in India. It sells in India and also exports to 50+ countries