Shah Alloys

Who are the top shareholders of the Shah Alloys?

The top shareholder of Shah Alloys is Rajendrabhai V Shah, holding 39.97% of the shares, with individual investors owning 37.51%. The highest public shareholder is Jaideep Narendra Sampat at 2.63%, and there are no pledged promoter holdings or investments from mutual funds or foreign institutional investors.

The top shareholders of Shah Alloys include the promoters, with Rajendrabhai V Shah holding the highest stake at 39.97%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. Additionally, individual investors collectively hold 37.51% of the shares, while the highest public shareholder is Jaideep Narendra Sampat, who owns 2.63%.

What is the bonus history of the Shah Alloys?

Shah Alloys has a bonus history that includes a 1:1 bonus issue announced on February 13, 2006, with a record date of February 14, 2006, allowing shareholders to receive one additional share for each share held.

Shah Alloys has a bonus history that includes a notable 1:1 bonus issue announced on February 13, 2006. The record date for this bonus was February 14, 2006. This means that shareholders received one additional share for every share they held as of the record date.

Has Shah Alloys declared dividend?

Shah Alloys Ltd has declared a 10% dividend, amounting to 1.0000 per share, but the dividend yield remains at 0%. Total returns have varied significantly, with a notable increase over the long term despite recent declines.

Shah Alloys Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1.0000<BR>- Ex-date: Sep-06-2007<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -34.79%, the dividend return was 0%, resulting in a total return of -34.79%.<BR><BR>Over the past year, the price return was -0.93%, the dividend return was 0%, leading to a total return of -0.93%.<BR><BR>In the 2-year period, the price return was 22.72%, the dividend return was 0%, which resulted in a total return of 22.72%.<BR><BR>For the 3-year period, the price return was -42.01%, the dividend return was 0%, culminating in a total return of -42.01%.<BR><BR>In the 4-year span, the price return was 383.18%, the dividend return was 0%, resulting in a total return of 383.18%.<BR><BR>Finally, over the last 5 years, the price return was 975.91%, the dividend return was 0%, leading to a total return of 975.91%.<BR><BR>Overall, while Shah Alloys has declared a dividend, the dividend yield remains at 0%, indicating that dividends have not contributed to returns in recent periods. The total returns show significant volatility, with a notable increase over the longer term despite recent declines.

Who are the peers of the Shah Alloys?

Shah Alloys' peers include APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, and others. In terms of management risk, Shah Alloys has an average rating, with a 1-year return of -5.28%, better than Jindal Saw but lower than Welspun Corp's 68.53%.

Peers: The peers of Shah Alloys are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Maiden Forgings, Hisar Met.Inds., Zenith Steel, P S Raj, and Mangalam Alloys.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes and P S Raj, while Good management risk is found at Welspun Corp, Shyam Metalics, Ratnamani Metals, and the rest. Average management risk is present at Jindal Saw, Shah Alloys, Maiden Forgings, Hisar Met.Inds., and Mangalam Alloys. Below Average management risk is noted at Zenith Steel. Excellent growth is seen at APL Apollo Tubes, while Average growth is found at Shyam Metalics, P S Raj, and the rest. Below Average growth is present at Welspun Corp, Jindal Saw, Shah Alloys, Maiden Forgings, Hisar Met.Inds., and Mangalam Alloys. Excellent capital structure is observed at APL Apollo Tubes, Shyam Metalics, and Ratnamani Metals, while Good capital structure is found at Welspun Corp and P S Raj. Below Average capital structure is noted at Jindal Saw, Shah Alloys, Maiden Forgings, Hisar Met.Inds., and Mangalam Alloys.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.53%, while the lowest is Jindal Saw at -23.06%. Shah Alloys has a 1-year return of -5.28%, which is higher than Jindal Saw's but lower than Welspun Corp's. Additionally, Ratnamani Metals, Jindal Saw, and Shah Alloys have negative six-month returns.

Is Shah Alloys overvalued or undervalued?

As of May 30, 2023, Shah Alloys is considered overvalued and risky due to negative financial ratios, including a PE ratio of -5.40 and an EV to EBITDA of -19.23, significantly underperforming compared to peers like JSW Steel and Tata Steel, and has a year-to-date stock return of -15.38% versus the Sensex's 5.62%.

As of 30 May 2023, Shah Alloys has moved from an attractive to a risky valuation grade. The company is currently considered overvalued based on its negative financial ratios, including a PE ratio of -5.40, an EV to EBITDA of -19.23, and a ROCE of -27.25%. These figures indicate significant financial distress compared to its peers.<BR><BR>In comparison to industry competitors, Shah Alloys' valuation metrics are starkly unfavorable. For instance, JSW Steel has a PE ratio of 64.98 and an EV to EBITDA of 14.20, while Tata Steel shows a PE of 51.92 with an EV to EBITDA of 11.04. This highlights the substantial gap in performance and valuation between Shah Alloys and its more stable peers. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -15.38% compared to the Sensex's 5.62%, further reinforcing the notion of overvaluation.

What is the technical trend for Shah Alloys?

As of April 21, 2025, Shah Alloys shows a mildly bearish technical trend, with bearish signals from moving averages and Bollinger Bands, despite some mixed indicators suggesting a mildly bullish stance in certain time frames.

As of 21 April 2025, the technical trend for Shah Alloys has changed from sideways to mildly bearish. The weekly MACD indicates a mildly bullish stance, but the monthly MACD is mildly bearish, suggesting mixed signals. The Bollinger Bands are bearish on both weekly and monthly time frames, and daily moving averages are also bearish. The KST shows a mildly bullish weekly trend but is mildly bearish monthly. Dow Theory presents a mildly bearish view weekly while being mildly bullish monthly. The OBV is mildly bearish weekly but bullish monthly. Overall, the current technical stance is mildly bearish, driven primarily by bearish moving averages and Bollinger Bands, despite some mixed signals from other indicators.

Who are in the management team of Shah Alloys?

As of March 2022, the management team of Shah Alloys includes Rajendra V Shah (Chairman), Ashok A Sharma (Whole Time Director & CFO), and several Non-Executive & Independent Directors, along with Company Secretaries Vinay Kumar Mishra and Mayank Chadha. They oversee the company's operations and governance.

As of March 2022, the management team of Shah Alloys includes the following members:<BR><BR>1. Rajendra V Shah - Chairman (Non-Executive)<BR>2. Ashok A Sharma - Whole Time Director & CFO<BR>3. G M Shaikh - Non-Executive & Independent Director<BR>4. Harshad Shah - Non-Executive & Independent Director<BR>5. Tejpal S Shah - Non-Executive & Independent Director<BR>6. Shefali M Patel - Non-Executive & Independent Director<BR>7. Vinay Kumar Mishra - Company Secretary & Compliance Officer<BR>8. Mrinal Sinha - Whole-time Director<BR>9. Prakash Patel - Whole-time Director<BR>10. Mayank Chadha - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the company's operations and governance.

What does Shah Alloys do?

Shah Alloys Ltd manufactures steel products and operates in the Iron & Steel Products industry as a Micro Cap company. As of March 2025, it reported net sales of 304 Cr and a net loss of 45 Cr, with a market cap of 124 Cr.

Overview:<BR>Shah Alloys Ltd is engaged in the manufacture of various steel products and operates within the Iron & Steel Products industry, categorized as a Micro Cap company.<BR><BR>History:<BR>Incorporated in November 1990, Shah Alloys Limited went public in 1992. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 304 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -45 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 124 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 34 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -9.92 <BR>Return on Equity: 256.44% <BR>Price-to-Book: -15.83 <BR><BR>Contact Details:<BR>Address: 5/1 Shreeji House 5th Floor, Behind M J Library Ashram Road Ahmedabad Gujarat : 380006 <BR>Email: info@shahalloys.com <BR>Website: http://www.shahalloys.com

How big is Shah Alloys?

As of 24th July, Shah Alloys Ltd has a market capitalization of 123.00 Cr and reported net sales of 267.23 Cr, with a loss of 19.72 Cr over the latest four quarters. Shareholder's funds are 11.24 Cr, and total assets amount to 184.72 Cr.

As of 24th July, Shah Alloys Ltd has a market capitalization of 123.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Shah Alloys reported net sales of 267.23 Cr. However, the company experienced a loss of 19.72 Cr during the same period.<BR><BR>The latest annual reporting period for the balance sheet is March 2024. Shareholder's funds are recorded at 11.24 Cr, while total assets amount to 184.72 Cr.

How has been the historical performance of Shah Alloys?

Shah Alloys has experienced significant financial challenges, with net sales and profitability declining sharply from Mar'22 to Mar'25, resulting in negative operating profit and losses in both profit before and after tax. Total assets and liabilities have also decreased, alongside negative cash flow from operations in recent years.

Answer:<BR>The historical performance of Shah Alloys has shown significant fluctuations over the years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>Shah Alloys' net sales have decreased from 886.15 Cr in Mar'22 to 267.28 Cr in Mar'25, reflecting a downward trend in revenue generation. The total operating income followed a similar pattern, dropping from 886.15 Cr in Mar'22 to 267.28 Cr in Mar'25. The raw material costs also saw a decline, falling from 613.70 Cr in Mar'22 to 147.21 Cr in Mar'25, while the total expenditure, excluding depreciation, decreased from 763.31 Cr in Mar'22 to 276.73 Cr in Mar'25. However, despite these reductions, the operating profit (PBDIT) turned negative, going from a profit of 122.84 Cr in Mar'22 to a loss of 9.45 Cr in Mar'25. Consequently, the profit before tax and profit after tax also reflected losses, with the profit before tax moving from a profit of 130.12 Cr in Mar'22 to a loss of 23.12 Cr in Mar'25, and profit after tax declining from 102.87 Cr to a loss of 17.43 Cr in the same period. The company's total assets decreased from 250.69 Cr in Mar'22 to 116.69 Cr in Mar'25, while total liabilities also fell from 250.69 Cr to 116.69 Cr. The cash flow from operating activities has been negative in the last two years, indicating ongoing challenges in generating cash from core operations. Overall, Shah Alloys has faced significant financial challenges, particularly in the last few years, leading to a decline in both sales and profitability.

When is the next results date for Shah Alloys Ltd?

The next results date for Shah Alloys Ltd is 14 February 2026.

The next results date for Shah Alloys Ltd is scheduled for 14 February 2026.

Are Shah Alloys Ltd latest results good or bad?

Shah Alloys Ltd's latest results are concerning, showing a 95.54% drop in net sales to ₹2.96 crores and a negative operating margin of -29.39%, indicating severe financial distress and raising questions about the company's viability. Investors reacted negatively, with the stock declining by 3.59% post-announcement.

Shah Alloys Ltd's latest results are concerning and indicate a significant decline in the company's financial health. The company reported a staggering 95.54% year-on-year drop in net sales, with revenues plummeting to just ₹2.96 crores in Q2 FY26, down from ₹66.31 crores in the same quarter last year. This represents a near-complete cessation of business operations, raising serious questions about its viability.<BR><BR>Additionally, the consolidated net profit showed a drastic decline, with a reported profit of ₹13.73 crores, which is misleading as it reflects a 315.20% change from a negative position last year, primarily driven by extraordinary items rather than operational recovery. The operating margin is deeply negative at -29.39%, indicating the company is losing money on every unit of revenue generated.<BR><BR>The balance sheet also reveals troubling signs, with a negative book value of ₹7.69 crores and current liabilities of ₹195.86 crores far exceeding current assets of just ₹35.11 crores. This creates a severe liquidity crisis and raises existential concerns about the company's ability to continue as a going concern.<BR><BR>Overall, the results paint a bleak picture for Shah Alloys Ltd, suggesting that the company is in a critical state and facing an existential crisis. Investors reacted negatively, with the stock declining by 3.59% following the announcement.

Should I buy, sell or hold Shah Alloys Ltd?

Why is Shah Alloys Ltd falling/rising?

As of 19-May, Shah Alloys Ltd's stock price is at 70.00, down 1.31%, underperforming its sector today but showing resilience with a weekly gain of 2.13%. Despite a monthly decline of 5.41%, the stock has a year-to-date gain of 0.44% and a strong long-term performance, with an 18.85% increase over the past year and 508.70% over five years.

As of 19-May, Shah Alloys Ltd is experiencing a decline in its stock price, currently at 70.00, which reflects a change of -0.93 or -1.31%. This decrease is notable as the stock has underperformed its sector by -1.09% today. Despite this, the stock has shown some resilience in the short term, with a weekly increase of +2.13%, outperforming the Sensex, which rose by +0.86% over the same period.<BR><BR>However, over the past month, Shah Alloys has seen a decline of -5.41%, which is more significant than the Sensex's drop of -4.19%. Year-to-date, the stock has a modest gain of +0.44%, contrasting with the Sensex's larger loss of -11.76%. Over the longer term, Shah Alloys has performed well, with a +18.85% increase over the past year and an impressive +508.70% rise over the last five years, significantly outperforming the Sensex's +50.70% increase in the same timeframe.<BR><BR>Today's trading activity indicates a rising investor participation, with a delivery volume increase of 693.51% compared to the 5-day average, suggesting that while the stock is currently falling, there is a growing interest among investors. Additionally, Shah Alloys is trading above its moving averages across various time frames, indicating a generally positive trend despite today's decline. Overall, the current drop in stock price can be attributed to short-term fluctuations, while the longer-term performance remains strong.

Which are the latest news on Shah Alloys?