Shah Alloys

Market Cap: Micro Cap
Industry: Iron & Steel Products
ISIN: INE640C01011
NSEID: SHAHALLOYS
BSEID: 513436
View on NSE | View on BSE

INR

62.00

1.82 (3.02%)

BSENSE

Mar 05

BSE+NSE Vol: 8.64 k

{
  "main_header": {
    "sid": 543658,
    "name": "Shah Alloys",
    "stock_name": "Shah Alloys",
    "full_name": "Shah Alloys Ltd",
    "name_url": "stocks-analysis/shah-alloys",
    "exchange": 0,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "62.00",
    "chg": 1.82,
    "chgp": "3.02%",
    "dir": 1,
    "prev_price": "60.18",
    "mcapval": "124.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 513436,
    "symbol": "SHAHALLOYS",
    "ind_name": "Iron & Steel Products",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE640C01011",
    "curr_date": "Mar 05",
    "curr_time": "",
    "bse_nse_vol": "8.64 k",
    "exc_status": "Active",
    "traded_date": "Mar 05, 2026",
    "traded_date_str": "2026 03 05",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/shah-alloys-543658-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Shah Alloys Ltd Downgraded to Strong Sell Amid Technical Weakness and Financial Concerns",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/shah-alloys-ltd-downgraded-to-strong-sell-amid-technical-weakness-and-financial-concerns-3872807",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/ShahAlloysLtd_mojoScore_3872807.png",
        "date": "2026-03-05 08:11:26",
        "description": "Shah Alloys Ltd, a player in the Iron & Steel Products sector, has seen its investment rating downgraded from Sell to Strong Sell as of 4 March 2026. This shift reflects deteriorating technical indicators, weak financial trends, poor valuation metrics, and declining quality scores, signalling heightened risk for investors despite the stock’s recent market-beating returns."
      },
      {
        "title": "Shah Alloys Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/shah-alloys-ltd-is-rated-sell-3862981",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/ShahAlloysLtd_mojoScore_3862981.png",
        "date": "2026-03-01 10:10:24",
        "description": "Shah Alloys Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 16 Feb 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 01 March 2026, providing investors with the latest insights into its performance and outlook."
      },
      {
        "title": "Shah Alloys Declines 2.42% Despite Margin Gains: 4 Key Factors This Week",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/shah-alloys-declines-242-despite-margin-gains-4-key-factors-this-week-3849877",
        "imagepath": "",
        "date": "2026-02-21 16:08:44",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>16 Feb:</strong> Quarterly results reveal stabilised margins despite sharp sales drop</p>\n                    <p><strong>17 Feb:</strong> Stock rallies 2.73% on improved volume and optimism</p>\n                    <p><strong>18 Feb:</strong> Profit-taking leads to 1.40% decline amid broader market gains</p>\n                    <p><strong>19 Feb:</strong> Sharp 6.95% drop as Sensex falls 1.45%</p>\n                    <p><strong>20 Feb:</strong> Recovery rally of 3.38% closes the week</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\">\n                        <div class=\"stat-label\">Week Open</div>\n                        <..."
      },
      {
        "title": "Shah Alloys Q3 FY26: Dramatic Turnaround Masks Deeper Revenue Crisis",
        "link": "https://www.marketsmojo.com/news/result-analysis/shah-alloys-q3-fy26-dramatic-turnaround-masks-deeper-revenue-crisis-3842752",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/ShahAlloys_quaterlyResult_3842752.png",
        "date": "2026-02-16 14:10:30",
        "description": "Shah Alloys Ltd., a micro-cap steel products manufacturer with a market capitalisation of ₹132.00 crores, has reported a dramatic turnaround in Q3 FY26, posting a consolidated net profit of ₹38.46 crores compared to a loss of ₹2.16 crores in the same quarter last year. However, this impressive 1,880.56% year-on-year profit surge conceals a troubling reality: net sales collapsed by 79.65% to just ₹10.58 crores, raising serious questions about the sustainability and quality of this earnings reversal."
      },
      {
        "title": "Shah Alloys Ltd Reports Stabilised Quarterly Performance Amid Margin Expansion",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/shah-alloys-ltd-reports-stabilised-quarterly-performance-amid-margin-expansion-3842496",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/ShahAlloysLtd_fintrenddot_3842496.png",
        "date": "2026-02-16 11:00:19",
        "description": "Shah Alloys Ltd, a player in the Iron & Steel Products sector, has reported a flat financial performance for the quarter ended December 2025, signalling a stabilisation after a period of decline. While key profitability metrics have reached their highest levels in recent quarters, the company continues to grapple with significant contraction in net sales and year-to-date profit after tax, reflecting a complex financial landscape for investors to navigate."
      },
      {
        "title": "Shah Alloys Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/shah-alloys-ltd-is-rated-sell-3842326",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/ShahAlloysLtd_mojoScore_3842326.png",
        "date": "2026-02-16 10:10:04",
        "description": "Shah Alloys Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 16 February 2026. While the rating was revised on this date, the analysis and financial metrics discussed here reflect the stock’s current position as of 16 February 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trend, and technical outlook."
      },
      {
        "title": "Are Shah Alloys Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-shah-alloys-ltd-latest-results-good-or-bad-3840388",
        "imagepath": "",
        "date": "2026-02-14 19:44:03",
        "description": "Shah Alloys Ltd has reported significant financial distress in its latest results for the quarter ended September 2025. The company experienced a dramatic decline in net sales, which fell to ₹2.96 crores, representing a year-on-year decrease of 95.54%. This sharp drop indicates a severe operational crisis, as revenues have plummeted from ₹66.31 crores in the same quarter last year. The operating margin also reflects considerable challenges, with a deeply negative margin of -29.39%, indicating that the company is incurring losses on every unit of revenue generated.\n\nIn terms of profitability, the consolidated net profit for the quarter was ₹13.73 crores, which, while showing a year-on-year growth of 315.20%, is misleading as it appears to be driven by extraordinary items rather than a recovery in core operations. The operating profit before depreciation, interest, and tax (PBDIT) stood at negative ₹0.87 cror..."
      },
      {
        "title": "When is the next results date for Shah Alloys Ltd?",
        "link": "https://www.marketsmojo.com/news/result-analysis/when-is-the-next-results-date-for-shah-alloys-ltd-3833749",
        "imagepath": "",
        "date": "2026-02-11 23:16:36",
        "description": "The next results date for Shah Alloys Ltd is scheduled for 14 February 2026...."
      },
      {
        "title": "Shah Alloys Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/shah-alloys-ltd-is-rated-strong-sell-3822159",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/ShahAlloysLtd_mojoScore_3822159.png",
        "date": "2026-02-05 10:10:57",
        "description": "Shah Alloys Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 12 January 2026. However, the analysis and financial metrics discussed here reflect the company’s current position as of 05 February 2026, providing investors with the most recent and relevant data to assess the stock’s outlook."
      }
    ],
    "total": 147,
    "sid": "543658",
    "stock_news_url": "https://www.marketsmojo.com/news/shah-alloys-543658"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "16-Feb-2026",
      "details": "Submission of Newspaper Advertisement in Compliance with Regulation 47 of the SEBI (LODR) Regulations 2015",
      "source": "BSE"
    },
    {
      "caption": "Un-Audited Standalone & Consolidated Financial Results For The Quarter And Nine Months Ended As On December 31 2026 Duly Reviewed By The Audit Committee.",
      "datetime": "14-Feb-2026",
      "details": "Declaration of Unaudited standalone & Consolidated Financial Result for the quarter and Nine Months ended on December 21 2025",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Outcome for Outcome Of Board Meeting Held On February 14 2026.",
      "datetime": "14-Feb-2026",
      "details": "Outcome of board Meeting held on 14.02.2026",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Shah Alloys Ltd has declared <strong>10%</strong> dividend, ex-date: 06 Sep 07",
          "dt": "2007-09-06",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "",
      "data": [
        {
          "txt": "Shah Alloys Ltd has announced <strong>1:1</strong> bonus issue, ex-date: 13 Feb 06",
          "dt": "2006-02-13",
          "middle_text": "Bonus Alert"
        }
      ]
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Shah Alloys Ltd Downgraded to Strong Sell Amid Technical Weakness and Financial Concerns

2026-03-05 08:11:26

Shah Alloys Ltd, a player in the Iron & Steel Products sector, has seen its investment rating downgraded from Sell to Strong Sell as of 4 March 2026. This shift reflects deteriorating technical indicators, weak financial trends, poor valuation metrics, and declining quality scores, signalling heightened risk for investors despite the stock’s recent market-beating returns.

Read full news article

Shah Alloys Ltd is Rated Sell

2026-03-01 10:10:24

Shah Alloys Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 16 Feb 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 01 March 2026, providing investors with the latest insights into its performance and outlook.

Read full news article

Shah Alloys Declines 2.42% Despite Margin Gains: 4 Key Factors This Week

2026-02-21 16:08:44

Key Events This Week

16 Feb: Quarterly results reveal stabilised margins despite sharp sales drop

17 Feb: Stock rallies 2.73% on improved volume and optimism

18 Feb: Profit-taking leads to 1.40% decline amid broader market gains

19 Feb: Sharp 6.95% drop as Sensex falls 1.45%

20 Feb: Recovery rally of 3.38% closes the week

Week Open

<...

Read full news article

Shah Alloys Q3 FY26: Dramatic Turnaround Masks Deeper Revenue Crisis

2026-02-16 14:10:30

Shah Alloys Ltd., a micro-cap steel products manufacturer with a market capitalisation of ₹132.00 crores, has reported a dramatic turnaround in Q3 FY26, posting a consolidated net profit of ₹38.46 crores compared to a loss of ₹2.16 crores in the same quarter last year. However, this impressive 1,880.56% year-on-year profit surge conceals a troubling reality: net sales collapsed by 79.65% to just ₹10.58 crores, raising serious questions about the sustainability and quality of this earnings reversal.

Read full news article

Shah Alloys Ltd Reports Stabilised Quarterly Performance Amid Margin Expansion

2026-02-16 11:00:19

Shah Alloys Ltd, a player in the Iron & Steel Products sector, has reported a flat financial performance for the quarter ended December 2025, signalling a stabilisation after a period of decline. While key profitability metrics have reached their highest levels in recent quarters, the company continues to grapple with significant contraction in net sales and year-to-date profit after tax, reflecting a complex financial landscape for investors to navigate.

Read full news article

Shah Alloys Ltd is Rated Sell

2026-02-16 10:10:04

Shah Alloys Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 16 February 2026. While the rating was revised on this date, the analysis and financial metrics discussed here reflect the stock’s current position as of 16 February 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trend, and technical outlook.

Read full news article

Are Shah Alloys Ltd latest results good or bad?

2026-02-14 19:44:03

Shah Alloys Ltd has reported significant financial distress in its latest results for the quarter ended September 2025. The company experienced a dramatic decline in net sales, which fell to ₹2.96 crores, representing a year-on-year decrease of 95.54%. This sharp drop indicates a severe operational crisis, as revenues have plummeted from ₹66.31 crores in the same quarter last year. The operating margin also reflects considerable challenges, with a deeply negative margin of -29.39%, indicating that the company is incurring losses on every unit of revenue generated. In terms of profitability, the consolidated net profit for the quarter was ₹13.73 crores, which, while showing a year-on-year growth of 315.20%, is misleading as it appears to be driven by extraordinary items rather than a recovery in core operations. The operating profit before depreciation, interest, and tax (PBDIT) stood at negative ₹0.87 cror...

Read full news article

When is the next results date for Shah Alloys Ltd?

2026-02-11 23:16:36

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

Read full news article

Shah Alloys Ltd is Rated Strong Sell

2026-02-05 10:10:57

Shah Alloys Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 12 January 2026. However, the analysis and financial metrics discussed here reflect the company’s current position as of 05 February 2026, providing investors with the most recent and relevant data to assess the stock’s outlook.