Scan Steels Ltd

As of November 19, 2025, Scan Steels is considered attractively undervalued with a PE ratio of 11.27 and a Price to Book Value of 0.48, indicating a significant discount compared to peers like JSW Steel and Tata Steel, despite a year-to-date return of -23.53% against the Sensex.

Scan Steels has seen a decline in net sales from 1,090.78 Cr in Mar'23 to 789.20 Cr in Mar'25, but profitability improved with profit before tax rising to 26.08 Cr and profit after tax to 19.60 Cr. However, cash flow from operations significantly decreased, resulting in a net cash outflow in Mar'25, raising liquidity concerns.

Scan Steels has seen a decline in net sales from 1,090.78 Cr in Mar'23 to 789.20 Cr in Mar'25, but improved its operating profit margin to 5.75% and increased both profit before tax and profit after tax. Despite lower sales, the company reduced total liabilities and increased reserves, indicating a stable financial position.

As of 06-Nov, Scan Steels Ltd's stock price is Rs 38.39, down 3.01% and has fallen 12.59% over the last three days. The stock has significantly underperformed the market, with a year-to-date return of -17.88%, contrasting with the Sensex's gain of 6.62%.

As of November 3, 2025, Scan Steels is considered very attractive and undervalued with a PE ratio of 12.72, an EV to EBITDA of 6.59, and a Price to Book Value of 0.56, significantly lower than its peers like JSW Steel and Tata Steel, making it a compelling investment opportunity despite recent stock performance lagging behind the Sensex.

As of 03-Nov, Scan Steels Ltd's stock price has declined to Rs 40.35, down 8.13%, underperforming its sector and showing a significant drop in investor interest despite increased delivery volume. The stock has faced challenges with negative returns over the past month and year, contrasting with the broader market's stability.

Scan Steels' latest Q2 FY26 results show a significant sequential profit recovery with a net profit of ₹10.50 crores, but a year-on-year decline of 28.03% and stagnant sales raise concerns about long-term profitability and demand in the sector. While the operating margin improved, the company's weak return metrics and cautious financial management suggest ongoing challenges.

Scan Steels has seen a decline in net sales from 1,090.78 Cr in Mar'23 to 789.20 Cr in Mar'25, but profits before and after tax increased during the same period. The operating profit margin improved, total liabilities decreased, and cash flow from operating activities significantly declined, resulting in a net cash outflow of 22.00 Cr in Mar'25.

Scan Steels' net sales declined from 1,090.78 Cr in Mar'23 to 789.20 Cr in Mar'25, but it improved its operating profit margin from 4.46% to 5.75%, with profit before tax rising from 22.00 Cr to 26.08 Cr. Despite challenges in cash flow, total assets increased slightly and total liabilities decreased, indicating improved financial stability.

As of 24-Oct, Scan Steels Ltd's stock price is at 43.98, reflecting a slight increase of 0.3%. Despite recent short-term gains, the stock has underperformed year-to-date, down 5.93% compared to the Sensex's gain of 7.77%.

As of 17-Oct, Scan Steels Ltd's stock price is Rs 41.65, down 7.83%, with a significant decline in investor participation and a year-to-date drop of 10.91%. Despite a strong five-year performance, the stock is currently facing short-term challenges and high volatility.

As of October 7, 2025, Scan Steels is fairly valued with a PE ratio of 14.93 and an attractive valuation compared to peers like JSW Steel and Tata Steel, despite underperforming the Sensex over the past year but showing strong short-term gains with a 20.56% return in the past week.

As of 07-Oct, Scan Steels Ltd's stock price has risen to Rs 44.74, up 9.34%, significantly outperforming its sector and the benchmark Sensex in the short term. Despite a strong recent performance, the stock has underperformed year-to-date.

As of October 6, 2025, Scan Steels is considered very attractive and undervalued, with a PE ratio of 13.66, an EV to EBITDA ratio of 7.20, and a Price to Book Value of 0.57, significantly lower than its peers like JSW Steel and Tata Steel, despite a challenging year marked by a -41.42% stock return, though it recently rebounded with a 16.98% return over the last month.