Shah Alloys

Market Cap: Micro Cap
Industry: Iron & Steel Products
ISIN: INE640C01011
NSEID: SHAHALLOYS
BSEID: 513436

INR

69.86

-1.34 (-1.88%)

BSENSE

Dec 05

BSE+NSE Vol: 26.24 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": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "69.86",
    "chg": -1.34,
    "chgp": "-1.88%",
    "dir": -1,
    "prev_price": "71.20",
    "mcapval": "137.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 513436,
    "symbol": "SHAHALLOYS",
    "ind_name": "Iron & Steel Products",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE640C01011",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "26.24 k",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 1,
    "market_time": 1,
    "is_blur": 1,
    "is_blur_class": "blur-register-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: Analytical Perspective Shifts Amid Mixed Financial and Technical Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/shah-alloys-downgraded-to-strong-sell-amid-weak-financials-and-mixed-technical-signals-3737551",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/ShahAlloys_mojoScore_3737551.png",
        "date": "2025-12-01 08:04:39",
        "description": "Shah Alloys, a key player in the Iron & Steel Products sector, has experienced a revision in its market assessment following a detailed review of its quality, valuation, financial trends, and technical indicators. This article explores the factors influencing the recent changes in the company’s evaluation metrics, providing investors with a comprehensive understanding of its current standing."
      },
      {
        "title": "How has been the historical performance of Shah Alloys?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-shah-alloys-3735993",
        "imagepath": "",
        "date": "2025-11-28 22:38:46",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Revenue and Profitability Trends</strong></p>\n<p>Shah Alloys’ net sales demonstrated considerable variability, peaking in the fiscal year ending March 2022 with ₹886.15 crores before sharply declining to ₹267.28 crores in March 2025. This steep drop in sales over the last three years reflects challenging market conditions or operational disruptions. Correspondingly, total operating income mirrored this pattern, with no other operating income reported during the period.</p>\n<p>Operating profit margins have been inconsistent, with a notable high of 13.96% in March 2022, contrasting with negative margins in recent years, including -3.55% in March 2025. The gross profit margin followed a similar trajectory, reaching 16.07% in 2022 but falling to -5.23% by 2025. These figures indicate that the co..."
      },
      {
        "title": "Why is Shah Alloys falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-shah-alloys-fallingrising-3721971",
        "imagepath": "",
        "date": "2025-11-22 00:45:08",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Strong Price Performance Against Sector and Benchmark</strong></p>\n<p>Shah Alloys’ stock has demonstrated robust momentum over recent periods. In the past week alone, the share price surged by 5.79%, significantly outpacing the Sensex’s modest 0.79% gain. Year-to-date returns for Shah Alloys stand at an impressive 21.21%, more than double the Sensex’s 9.08% rise. This strong relative performance highlights investor confidence in the company’s prospects amid broader market fluctuations.</p>\n<p>Despite the steel, sponge iron, and pig iron sector declining by 2.61% on the same day, Shah Alloys managed to buck the trend, delivering gains that outperformed the sector by 4.57%. This divergence suggests that investors are favouring Shah Alloys as a more resilient or promising player within the stee..."
      },
      {
        "title": "Shah Alloys Hits Upper Circuit with 5.0% Gain Amid Strong Buying Pressure",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/shah-alloys-hits-upper-circuit-with-50-gain-amid-strong-buying-pressure-3715161",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/ShahAlloys_stocks_hitting_upper_circuit_3715161.png",
        "date": "2025-11-19 11:00:13",
        "description": "Shah Alloys Ltd, a micro-cap player in the Iron & Steel Products sector, surged to hit its upper circuit limit on 19 Nov 2025, registering a maximum daily gain of 5.0%. The stock closed at ₹77.54, reflecting robust buying interest and a notable reversal after three consecutive days of decline."
      },
      {
        "title": "Shah Alloys Hits Upper Circuit with Exclusive Buy Orders Amidst Strong Market Momentum",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/shah-alloys-hits-upper-circuit-with-exclusive-buy-orders-a-multi-day-rally-in-the-making-3715142",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/ShahAlloys_only_buyers_3715142.png",
        "date": "2025-11-19 10:55:32",
        "description": "Shah Alloys Ltd, a key player in the Iron & Steel Products sector, has witnessed an extraordinary surge in buying interest, resulting in an upper circuit with only buy orders in the queue. This rare market phenomenon highlights robust demand and a potential multi-day circuit scenario, underscoring the stock’s significant momentum in recent trading sessions."
      },
      {
        "title": "Shah Alloys Q2 FY26: Revenue Collapses 95% as Steel Manufacturer Faces Existential Crisis",
        "link": "https://www.marketsmojo.com/news/result-analysis/shah-alloys-q2-fy26-revenue-collapses-95-as-steel-manufacturer-faces-existential-crisis-3719354",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/ShahAlloys_quaterlyResult_3719354.png",
        "date": "2025-11-18 17:02:33",
        "description": "Shah Alloys Ltd., a micro-cap stainless steel and alloy manufacturer, reported catastrophic Q2 FY26 results with consolidated net profit of ₹13.73 crores, marking a dramatic 315.20% decline year-on-year. The company, which commands a market capitalisation of just ₹149.00 crores, saw its revenue plummet 95.54% to a mere ₹2.96 crores in Q2 FY26 from ₹66.31 crores in Q2 FY25, signalling severe operational distress in its manufacturing operations."
      },
      {
        "title": "How has been the historical performance of Shah Alloys?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-shah-alloys-3708696",
        "imagepath": "",
        "date": "2025-11-17 23:01:30",
        "description": "Answer:\nThe historical performance of Shah Alloys has shown significant fluctuations over the years, particularly in net sales and profitability. In March 2025, net sales dropped to 267.28 crore from 613.24 crore in March 2024, and 627.94 crore in March 2023, reflecting a downward trend from a peak of 886.15 crore in March 2022. Total operating income followed a similar pattern, decreasing to 267.28 crore in March 2025 from 613.24 crore in March 2024. The company's total expenditure also decreased to 276.73 crore in March 2025, down from 609.85 crore in March 2024, but this still resulted in an operating loss of -9.45 crore in March 2025, compared to a profit of 3.39 crore in March 2024. Profit before tax showed a negative trend, reaching -23.12 crore in March 2025, while profit after tax was -17.43 crore, indicating ongoing financial challenges. The company's total assets decreased to 116.69 crore in March..."
      },
      {
        "title": "How has been the historical performance of Shah Alloys?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-shah-alloys-3703158",
        "imagepath": "",
        "date": "2025-11-14 23:48:29",
        "description": "Answer:\nThe historical performance of Shah Alloys shows significant fluctuations in its financial metrics over the years, particularly in net sales and profitability.\n\nBreakdown:\nShah Alloys experienced a decline in net sales from 886.15 Cr in Mar'22 to 267.28 Cr in Mar'25, indicating a downward trend in revenue generation. The total operating income followed a similar pattern, decreasing from 886.15 Cr in Mar'22 to 267.28 Cr in Mar'25. The company's total expenditure also decreased, from 763.31 Cr in Mar'22 to 276.73 Cr in Mar'25, but not enough to prevent operating losses, as evidenced by the operating profit (PBDIT) which turned negative at -9.45 Cr in Mar'25, down from a positive 122.84 Cr in Mar'22. Profit before tax and profit after tax also reflected this negative trend, with losses of -23.12 Cr and -17.43 Cr respectively in Mar'25, compared to profits of 130.12 Cr and 102.87 Cr in Mar'22. The compan..."
      },
      {
        "title": "Why is Shah Alloys falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-shah-alloys-fallingrising-3702416",
        "imagepath": "",
        "date": "2025-11-14 22:16:04",
        "description": "As of 14-Nov, Shah Alloys Ltd's stock price is currently at Rs 75.62, reflecting a decline of Rs 3.43 or 4.34%. The stock has underperformed its sector by 3.59% today, reaching an intraday low of Rs 75.62. Additionally, the stock's delivery volume has significantly decreased by 66.48% compared to the 5-day average, indicating falling investor participation. Despite a strong performance over longer periods, with a year-to-date increase of 14.58%, the stock has seen a short-term decline of 5.84% over the past week, which may be contributing to the current downward pressure.\n\nIn the broader market context, the Sensex has gained 1.62% over the past week, contrasting with Shah Alloys' decline, suggesting that the stock is not only underperforming its sector but also lagging behind the overall market. While the stock has shown positive returns over the past month and year, the recent short-term underperformance m..."
      }
    ],
    "total": 130,
    "sid": "543658",
    "stock_news_url": "https://www.marketsmojo.com/news/shah-alloys-543658"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "22-Nov-2025",
      "details": "Submission of News paper 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 Half Year Ended As On September 30 2025",
      "datetime": "14-Nov-2025",
      "details": "Declaration of Un-Audited Financial Results for the Quarter and Half year ended as on September 30 2025",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Outcome for Outcome Of Board Meeting Held On November 14 2025.",
      "datetime": "14-Nov-2025",
      "details": "Declaration of Un-Audited Standalone & Consolidated Financial Results for the quarter and Half Year ended as on September 30 2025 duly reviewed by the Audit Committee",
      "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: Analytical Perspective Shifts Amid Mixed Financial and Technical Signals

2025-12-01 08:04:39

Shah Alloys, a key player in the Iron & Steel Products sector, has experienced a revision in its market assessment following a detailed review of its quality, valuation, financial trends, and technical indicators. This article explores the factors influencing the recent changes in the company’s evaluation metrics, providing investors with a comprehensive understanding of its current standing.

How has been the historical performance of Shah Alloys?

2025-11-28 22:38:46

Revenue and Profitability Trends

Shah Alloys’ net sales demonstrated considerable variability, peaking in the fiscal year ending March 2022 with ₹886.15 crores before sharply declining to ₹267.28 crores in March 2025. This steep drop in sales over the last three years reflects challenging market conditions or operational disruptions. Correspondingly, total operating income mirrored this pattern, with no other operating income reported during the period.

Operating profit margins have been inconsistent, with a notable high of 13.96% in March 2022, contrasting with negative margins in recent years, including -3.55% in March 2025. The gross profit margin followed a similar trajectory, reaching 16.07% in 2022 but falling to -5.23% by 2025. These figures indicate that the co...

Why is Shah Alloys falling/rising?

2025-11-22 00:45:08

Strong Price Performance Against Sector and Benchmark

Shah Alloys’ stock has demonstrated robust momentum over recent periods. In the past week alone, the share price surged by 5.79%, significantly outpacing the Sensex’s modest 0.79% gain. Year-to-date returns for Shah Alloys stand at an impressive 21.21%, more than double the Sensex’s 9.08% rise. This strong relative performance highlights investor confidence in the company’s prospects amid broader market fluctuations.

Despite the steel, sponge iron, and pig iron sector declining by 2.61% on the same day, Shah Alloys managed to buck the trend, delivering gains that outperformed the sector by 4.57%. This divergence suggests that investors are favouring Shah Alloys as a more resilient or promising player within the stee...

Shah Alloys Hits Upper Circuit with 5.0% Gain Amid Strong Buying Pressure

2025-11-19 11:00:13

Shah Alloys Ltd, a micro-cap player in the Iron & Steel Products sector, surged to hit its upper circuit limit on 19 Nov 2025, registering a maximum daily gain of 5.0%. The stock closed at ₹77.54, reflecting robust buying interest and a notable reversal after three consecutive days of decline.

Shah Alloys Hits Upper Circuit with Exclusive Buy Orders Amidst Strong Market Momentum

2025-11-19 10:55:32

Shah Alloys Ltd, a key player in the Iron & Steel Products sector, has witnessed an extraordinary surge in buying interest, resulting in an upper circuit with only buy orders in the queue. This rare market phenomenon highlights robust demand and a potential multi-day circuit scenario, underscoring the stock’s significant momentum in recent trading sessions.

Shah Alloys Q2 FY26: Revenue Collapses 95% as Steel Manufacturer Faces Existential Crisis

2025-11-18 17:02:33

Shah Alloys Ltd., a micro-cap stainless steel and alloy manufacturer, reported catastrophic Q2 FY26 results with consolidated net profit of ₹13.73 crores, marking a dramatic 315.20% decline year-on-year. The company, which commands a market capitalisation of just ₹149.00 crores, saw its revenue plummet 95.54% to a mere ₹2.96 crores in Q2 FY26 from ₹66.31 crores in Q2 FY25, signalling severe operational distress in its manufacturing operations.

How has been the historical performance of Shah Alloys?

2025-11-17 23:01:30

Answer: The historical performance of Shah Alloys has shown significant fluctuations over the years, particularly in net sales and profitability. In March 2025, net sales dropped to 267.28 crore from 613.24 crore in March 2024, and 627.94 crore in March 2023, reflecting a downward trend from a peak of 886.15 crore in March 2022. Total operating income followed a similar pattern, decreasing to 267.28 crore in March 2025 from 613.24 crore in March 2024. The company's total expenditure also decreased to 276.73 crore in March 2025, down from 609.85 crore in March 2024, but this still resulted in an operating loss of -9.45 crore in March 2025, compared to a profit of 3.39 crore in March 2024. Profit before tax showed a negative trend, reaching -23.12 crore in March 2025, while profit after tax was -17.43 crore, indicating ongoing financial challenges. The company's total assets decreased to 116.69 crore in March...

How has been the historical performance of Shah Alloys?

2025-11-14 23:48:29

Answer: The historical performance of Shah Alloys shows significant fluctuations in its financial metrics over the years, particularly in net sales and profitability. Breakdown: Shah Alloys experienced a decline in net sales from 886.15 Cr in Mar'22 to 267.28 Cr in Mar'25, indicating a downward trend in revenue generation. The total operating income followed a similar pattern, decreasing from 886.15 Cr in Mar'22 to 267.28 Cr in Mar'25. The company's total expenditure also decreased, from 763.31 Cr in Mar'22 to 276.73 Cr in Mar'25, but not enough to prevent operating losses, as evidenced by the operating profit (PBDIT) which turned negative at -9.45 Cr in Mar'25, down from a positive 122.84 Cr in Mar'22. Profit before tax and profit after tax also reflected this negative trend, with losses of -23.12 Cr and -17.43 Cr respectively in Mar'25, compared to profits of 130.12 Cr and 102.87 Cr in Mar'22. The compan...

Why is Shah Alloys falling/rising?

2025-11-14 22:16:04

As of 14-Nov, Shah Alloys Ltd's stock price is currently at Rs 75.62, reflecting a decline of Rs 3.43 or 4.34%. The stock has underperformed its sector by 3.59% today, reaching an intraday low of Rs 75.62. Additionally, the stock's delivery volume has significantly decreased by 66.48% compared to the 5-day average, indicating falling investor participation. Despite a strong performance over longer periods, with a year-to-date increase of 14.58%, the stock has seen a short-term decline of 5.84% over the past week, which may be contributing to the current downward pressure. In the broader market context, the Sensex has gained 1.62% over the past week, contrasting with Shah Alloys' decline, suggesting that the stock is not only underperforming its sector but also lagging behind the overall market. While the stock has shown positive returns over the past month and year, the recent short-term underperformance m...

View All News

Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication

22-Nov-2025 | Source : BSE

Submission of News paper Advertisement in Compliance with Regulation 47 of the SEBI (LODR) Regulations 2015

Un-Audited Standalone & Consolidated Financial Results For The Quarter And Half Year Ended As On September 30 2025

14-Nov-2025 | Source : BSE

Declaration of Un-Audited Financial Results for the Quarter and Half year ended as on September 30 2025

Board Meeting Outcome for Outcome Of Board Meeting Held On November 14 2025.

14-Nov-2025 | Source : BSE

Declaration of Un-Audited Standalone & Consolidated Financial Results for the quarter and Half Year ended as on September 30 2025 duly reviewed by the Audit Committee