SAL Steel Ltd.
Snapshot View

16.71 -0.32 ▼-1.9%

05 August 2021, 04:00:00 P.M.
Volume: 240,951

Overview View Details

Sector Iron & Steel Compare with Sector peers
Industry Steel/Sponge Iron/Pig Iron Compare with Industry peers
Website http://www.salsteelltd.com
Financial Indicators
Market Cap 141.98 Cr.
Earnings per share (EPS) 1.36 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 12.28 Trailing Twelve Months Ending 2021-03
Industry PE 8.82 Trailing Twelve Months Ending 2021-03
Book Value / Share 3.07 Trailing Twelve Months Ending 2021-03
Price to Book Value 5.44 Calculated using Price: 16.71
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 8.50 Cr. 84,966,700 Shares
FaceValue 10
Company Profile

S A L Steel was incorporated on November 6, 2003 under the Companies Act, 1956 as a private limited company and as such did not require any certificate of commencement of business. Pursuant to its conversion from a private limited company to a public limited company, a fresh Certificate of Incorporation was issued on December 17, 2003 and its name was changed from S A L Steel Private Limited to S A L Steel Limited.

SAL achieved assessment standard of ISO 9001:2000 in April 2002 from SGS Yarsley International Certification Services for manufacture and supply of mild steel, stainless steel and other alloy steel plates and coils.

In 2011 S A L Steel entered into a Memorandum of Understanding with the Government of Gujarat for establishment of the Cement project at Kachchh.

Business areas of the company: 

SAL is engaged in manufacture of stainless steel (SS) products. The main products of the company include stainless steel, hot rolled (HR) sheets, coils, plates, slabs, flats, rounds, bars, etc. The stainless steel products are used for manufacture/preparation of utensils, railway coaches, wagons, electrical appliances, food processing equipment, pharmaceutical equipment, telecommunication equipment, household kitchenware, petroleum refining equipment, pressure vessels, large mufflers for engines, silencers, pipes and emission control units, bulk solid handling areas, surgical instruments, vegetable choppers, tableware, cutlery, washing machine parts, automobile components, etc.

Group companies:

  • Shah Steel and Rolling Industries (SSRI)

SSRI is a partnership firm managed by Rajendra V. Shah and Ragini R. Shah. The firm commenced operations in 1997-98 to manufacture M S angles, CTD bars, sections and melting scrap. The firm has stopped its manufacturing activity. Its main source of income is labour charges and rent income.

  • Shah Industries Unit - I (SIU-I)

SIU-I is a proprietorship firm managed by Rajendra V Shah. The firm commenced operations in 1986-87. It has stopped its manufacturing activity. Its main source of income is rent, commission, etc.

  • Shah Steel Udyog (SSU)

SSU is a proprietorship firm managed by Rajendra V Shah HUF. The firm commenced operations in 1998-99 and is in business of manufacturing of M S angles, CTD bars, sections and melting scrap.

  • Shah Steel Craft and Rolling Industries (SSCRI)

SSCRI is a proprietorship firm managed by Ragini R Shah. The firm commenced operations in 1987-88 and is in the business of manufacture M S angles, CTD bars, sections, channels, etc. The concern has stopped its manufacturing activity. The main source of income is rent.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.88%
1 Week
+17.59%
1 Month
+134.69%
3 Month
+257.82%
6 Month
+305.58%
1 Year
+521.19%
2 Year
+501.08%
5 Year
+490.46%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 0.33 -25.58 -42.29 -238.03 -227.12 238.73
Return on Capital Employed (%) 6.52 -3.25 -5.88 -16.32 -19.70 4.66 39.62 -9.42 10.81
Return on Assets (%) 0.09 -6.25 -8.53 -22.19 -10.72 0.32 14.83 -7.65 5.32

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 134 105 70 -6 -35 -39 20 -1 15
Non Curr. Liab. 166 103 45 23 5 168 190 182 169
Curr. Liab. 181 225 281 270 280 160 72 102 130
Minority Int.
Equity & Liab. 482 434 397 287 250 290 282 283 314
Non Curr. Assets 336 313 294 230 174 171 165 144 172
Curr. Assets 146 120 103 57 76 119 117 139 142
Misc. Exp. not W/O
Total Assets 482 434 397 287 250 290 282 283 314

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 328 379 328 365 338 361 446 574 408
Other Income 6 2 2 1 1 2 3 1 44
Total Income 334 381 329 366 338 363 449 576 452
Total Expenditure -292 -373 -328 -339 -314 -351 -440 -565 -426
PBIDT 42 8 1 27 24 12 9 11 26
Interest -23 -32 -30 -30 -12 -1 -1 -2 -2
Depreciation -18 -19 -17 -9 -8 -8 -8 -8 -8
Taxation 0 14 11 -16 -3 -22 -3 -1
Exceptional Items -47 -32 64 -20
PAT 0 -29 -35 -76 -29 1 42 -22 16

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 17 24 -17 22 2 -6 7 -4 54
Cash Fr. Inv. -11 -9 1 0 -1 -1 -3 8 -35
Cash Fr. Finan. -6 -16 11 -22 -1 7 -3 -6 -18
Net Change 0 -2 -4 0 0 0 1 -2 0
Cash & Cash Eqvt 7 5 1 1 1 1 2 0 1

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 50.56 50.56 50.56 50.56 50.56 50.56 50.56 50.56 50.56
Public 49.44 49.44 49.44 49.44 49.44 49.44 49.44 49.44 49.44
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 100.00 100.00 100.00 100.00 100.00 100.00 0.00 100.00 100.00

Announcements View Details

Wed, 04 Aug 2021
Board Meeting Intimation for Considering & Approving Un-Audited Financial Results Of The Company For The Quarter Ended As On 30.06.2021 And To Transact Other Businesses.
S.A.L.STEEL LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2021 inter alia to consider and approve Un-Audited Financial Results Of The Company For The Quarter Ended as on 30.06.2021 And To Transact Other Businesses.
Tue, 27 Jul 2021
Related Party Transaction For The Half Year Ended As On 31.03.2021
Related Party Transaction for the Half Year Ended as on 31.03.2021
Wed, 21 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- MANISH DAULANI
Designation :- Company Secretary and Compliance Officer

Technical Scans View Details

Thu, 05 Aug 2021
Opening at High Opening at High
Making Higher Highs for 3 days Making Higher Highs for 3 days
Close Within 52 Week High Zone Close Within 52 Week High Zone
S Close Above Last Week High
S Close Above Last Month High

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