Scan Steels Limited

BSE: SCANSTL511672ISIN INE099G01011

Commodities
Iron & Steel

Share price

₹43.32+2.06 (+4.99%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹67.74
52W low: ₹24.40
Off 52W high: -36.05%
1M return: -6.84%
3M return: -34.61%
6M return: +14.21%
1Y return: +9.45%
20D avg volume: 6,482
50 DMA: ₹52.35
200 DMA: ₹41.98

Key ratios Consolidated

Market cap: ₹263.15 Cr
Current price: ₹43.32
52W high / low: ₹67.74 / ₹24.40
Face value: ₹10.00
P/E: 10.63
P/B: 0.59
EPS (TTM): ₹4.08
Book value / share: ₹73.99
ROE: —
ROCE: 7.70%
Operating margin: —
Net margin: —
Debt / equity: 0.16
Net debt: ₹67.31 Cr
Interest cover: 4.39
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 79.9 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	257.79	281.66	191.64	132.96	232.00	241.19	174.51	139.95	233.55	256.98
	0.26	1.52	-0.01	0.06	0.05	1.35	0.05	1.42	1.79	1.22
	258.05	283.18	191.63	133.02	232.05	242.54	174.56	141.37	235.34	258.20
	240.74	273.87	187.48	133.38	218.62	238.12	170.64	143.32	215.64	247.10
	172.14	158.89	111.91	108.92	157.19	126.01	122.19	119.69	129.40	151.65
	39.88	37.09	7.85	9.15	32.25	1.21	2.04	0.82	2.27	22.25
	9.06	13.02	8.79	9.00	9.29	11.46	8.75	8.70	8.56	9.50
	2.45	1.96	2.33	2.17	2.01	1.95	2.08	1.88	2.28	2.45
	3.92	3.93	3.93	3.93	3.93	3.91	3.92	3.93	3.93	3.86
	37.98	42.99	33.17	34.14	41.19	40.61	—	—	—	—
	17.31	9.31	4.15	-0.36	13.43	4.42	3.92	-1.95	19.70	11.10
	0.00	0.93	0.00	0.00	0.46	1.16	0.00	0.00	0.00	0.00
	17.31	10.24	4.15	-0.36	13.88	5.58	3.92	-1.95	19.70	11.10
	4.36	2.39	1.05	-0.11	3.39	0.84	1.18	0.59	5.06	2.99
	13.25	7.85	3.48	0.19	10.50	4.74	3.16	-0.84	14.59	11.43
	2.18	1.34	0.59	0.03	1.79	0.81	0.26	-0.17	2.79	2.18
Key metrics
	23.68	16.13	10.41	5.74	19.82	11.44	9.92	3.86	25.91	17.41
	9.20%	5.70%	5.40%	4.30%	8.50%	4.70%	5.70%	2.80%	11.10%	6.80%
	5.10%	2.80%	1.80%	0.10%	4.50%	2.00%	1.80%	-0.60%	6.20%	4.40%
	—	2.50%	—	0.30%	—	1.60%	—	—	—	—
	11.10%	16.80%	9.80%	-5.00%	-0.70%	-6.10%	—	—	—	—
	26.20%	65.60%	10.10%	122.60%	-28.00%	-58.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	864.05	838.26	789.20	965.41
	1.83	1.62	4.61	2.02
	865.88	839.88	793.81	967.43
	835.47	813.36	767.72	943.27
	551.86	536.91	497.28	643.86
	93.97	86.36	6.33	125.79
	39.87	40.09	37.47	31.11
	8.91	8.47	8.19	9.99
	15.71	15.73	15.69	15.40
	148.28	151.48	155.32	—
	30.41	26.53	26.09	24.16
	0.93	2.21	2.05	0.00
	31.34	28.73	28.14	24.16
	7.69	6.72	6.48	6.43
	24.77	22.01	21.65	21.05
	4.14	3.76	3.69	4.02
Key metrics
	55.96	52.93	52.02	49.55
	6.48%	6.30%	6.60%	5.10%
	2.87%	2.60%	2.70%	2.20%
	—	7.70%	7.90%	—
	9.70%	6.20%	-18.30%	—
	41.06%	1.70%	2.90%	—
	—	12.72	-12.28	—
	—	1.69	0.32	—
	—	0.16	0.15	—
	—	67.31	52.15	—
	—	79.9	79.5	—
Balance sheet
	—	609.03	579.22	—
	—	228.71	224.64	—
	—	4.38	9.77	—
	—	21.10	10.99	—
	—	168.12	167.61	—
	—	34.98	0.00	—
	—	251.10	263.55	—
	—	5.69	6.66	—
	—	126.60	121.63	—
	—	71.69	61.92	—
	—	71.69	61.92	—
	—	0.00	0.00	—
	—	448.73	422.96	—
Cash flow
	—	37.09	6.99	—
	—	-37.84	-15.03	—
	—	-4.51	-13.99	—
	—	24.37	19.27	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	257.79	281.66	191.64	132.96	232.00	241.19	174.51	139.95	233.55	256.98	219.48	261.81
	0.26	1.52	-0.01	0.06	0.05	1.35	0.05	1.42	1.79	1.22	0.09	0.06
	258.05	283.18	191.63	133.02	232.05	242.54	174.56	141.37	235.34	258.20	219.56	261.86
	240.74	273.87	187.48	133.38	218.62	238.12	170.59	143.31	215.71	247.11	217.38	256.97
	172.14	158.89	111.91	108.92	157.19	126.01	122.19	119.69	129.40	151.65	186.02	158.87
	39.88	37.09	7.85	9.15	32.25	1.21	2.04	0.82	2.27	22.25	23.81	33.93
	9.06	13.02	8.79	9.00	9.29	11.46	8.75	8.70	8.56	9.50	7.42	7.15
	2.45	1.96	2.33	2.17	2.01	1.95	2.08	1.88	2.28	2.45	2.69	1.99
	3.92	3.93	3.93	3.93	3.93	3.91	3.92	3.93	3.93	3.86	3.85	3.85
	37.98	42.99	33.17	34.14	41.19	40.61	—	—	—	—	—	—
	17.31	9.31	4.15	-0.36	13.43	4.42	3.98	-1.94	19.63	11.10	2.19	4.90
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	17.31	9.31	4.15	-0.36	13.43	4.42	3.98	-1.94	19.63	11.10	2.19	4.90
	4.36	2.39	1.05	0.11	3.39	0.84	1.18	0.59	5.06	2.99	0.61	1.56
	12.96	6.91	3.10	-0.25	10.04	3.58	2.80	-1.35	14.57	8.11	1.57	3.34
	2.13	1.18	0.53	-0.04	1.71	0.62	0.21	-0.25	2.78	1.55	0.30	0.64
Key metrics
	23.68	15.20	10.41	5.74	19.37	10.28	9.98	3.87	25.84	17.41	8.73	10.74
	9.20%	5.40%	5.40%	4.30%	8.30%	4.30%	5.70%	2.80%	11.10%	6.80%	4.00%	4.10%
	5.00%	2.50%	1.60%	-0.20%	4.30%	1.50%	1.60%	-1.00%	6.20%	3.20%	0.70%	1.30%
	—	2.40%	—	0.40%	—	1.40%	—	—	—	—	—	—
	11.10%	16.80%	9.80%	-5.00%	-0.70%	-6.10%	-20.50%	-46.50%	—	—	—	—
	29.10%	93.00%	10.70%	81.50%	-31.10%	-55.90%	78.30%	-140.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	864.05	838.26	789.20	965.41	1,091	1,000
	1.83	1.62	4.61	2.02	5.99	2.15
	865.88	839.88	793.81	967.43	1,097	1,002
	835.47	813.36	767.72	943.27	1,075	936.48
	551.86	536.91	497.28	643.86	794.20	732.31
	93.97	86.35	6.33	125.79	73.58	5.56
	39.87	40.09	37.47	31.11	30.34	27.44
	8.91	8.47	8.19	9.99	19.31	8.94
	15.71	15.73	15.69	15.40	13.29	12.81
	148.28	151.48	155.32	—	144.37	—
	30.41	26.53	26.09	24.16	22.00	65.86
	0.00	0.00	0.00	—	—	—
	30.41	26.53	26.09	24.16	22.00	65.86
	7.91	6.72	6.48	6.43	6.68	15.08
	22.72	19.81	19.61	17.73	15.32	50.77
	3.80	3.38	3.35	3.39	2.93	9.70
Key metrics
	55.03	50.73	49.97	49.55	54.60	87.61
	6.37%	6.10%	6.30%	5.10%	5.00%	8.80%
	2.63%	2.40%	2.50%	1.80%	1.40%	5.10%
	—	7.40%	7.60%	—	—	—
	9.70%	6.20%	-18.30%	-11.50%	9.10%	—
	50.76%	1.00%	10.60%	15.70%	-69.80%	—
	—	12.72	-12.28	—	—	—
	—	1.87	0.36	—	—	—
	—	0.16	0.15	—	—	—
	—	67.31	52.15	—	—	—
	—	79.9	79.5	—	—	—
Balance sheet
	—	601.45	573.85	—	—	—
	—	228.71	224.64	—	—	—
	—	4.38	9.77	—	—	—
	—	21.10	10.99	—	—	—
	—	168.12	167.61	—	—	—
	—	34.98	0.00	—	—	—
	—	251.10	263.55	—	—	—
	—	5.69	6.66	—	—	—
	—	126.60	121.63	—	—	—
	—	71.69	61.92	—	—	—
	—	71.69	61.92	—	—	—
	—	0.00	0.00	—	—	—
	—	441.15	417.59	—	—	—
Cash flow
	—	37.09	6.99	—	—	—
	—	-37.84	-15.02	—	—	—
	—	-4.51	-13.99	—	—	—
	—	24.37	19.27	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -8.40%
Sales CAGR 5Y: —
Profit CAGR 3Y: +8.95%
Profit CAGR 5Y: —
Sales YoY (TTM): +9.70%
Profit YoY (TTM): +50.76%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +9.70%
Profit YoY (TTM): +41.06%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 49.70%

Holder	Type	Holding	Previous	Change
ARTLINE COMMERCE PRIVATE LIMITED	Promoter Group	16.50%	—	—
BAYANWALA BROTHERS PVT LIMITED	Promoter Group	16.36%	—	—
RAJESH GADODIA	Promoter	8.99%	—	—
ARCHANA GADODIA	Promoter	7.85%	—	—
GOPIKAR SUPPLY PVT LTD	Public	6.46%	—	—
ASCON MERCHANDISE PVT LTD	Public	4.30%	—	—
BADNOOBS TECHNOLOGY PRIVATE LIMITED	Public	3.79%	—	—
GYAANA RETREAT & SERVICES PRIVATE LIMITE	Public	2.30%	—	—
SUCCESS MERCHANTS PRIVATE LIMITED	Public	2.17%	—	—
GENESIS GRAND GENERAL TRADING L.L.C	Public	1.98%	—	—
KIFS TRADE CAPITAL PRIVATE LIMITED	Public	1.24%	—	—
SARASWATI DEVI GADODIA	Promoter	0.00%	—	—
SAWARMAL GADODIA	Promoter	0.00%	—	—
BINITA GADODIA	Promoter	0.00%	—	—
NIMISH GADODIA	Promoter	0.00%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
JSW Steel Limited	3,27,960	1,341.10	10.34	19.40%	+14.05% TTM	+421.94% TTM	+13.54%
TATA STEEL LIMITED	2,24,203	179.60	19.91	11.10%	+10.51% TTM	+164.25% TTM	+0.20%
JINDAL STEEL LIMITED	1,17,300	1,149.90	41.24	7.50%	+25.54% TTM	+2.37% TTM	+6.53%
Steel Authority of India Ltd.	70,335	170.30	12.55	6.80%	+9.39% TTM	+119.24% TTM	+23.32%
Jindal Stainless Limited	56,786	688.80	17.06	18.00%	+11.65% TTM	+20.30% TTM	-6.74%
Sarda Energy & Minerals Ltd	15,556	441.45	13.60	16.30%	-2.25% TTM	+7.40% TTM	-17.69%
NMDC Steel Limited S	11,576	39.50	136.21	3.50%	+41.57% TTM	+104.65% TTM	-12.09%
Vedanta Iron and Steel Limited	10,605	27.12	—	—	—	—	—
Sandur Manganese & Iron Ores Ltd.	8,786	180.75	10.27	26.20%	+20.70% TTM	+40.22% TTM	-17.75%
Jai Balaji Industries Limited	6,321	69.29	—	36.00%	-13.11% TTM	-66.31% TTM	-25.39%
Prakash Industries Ltd. S	2,063	115.20	6.59	9.20%	-10.58% TTM	-12.16% TTM	-31.04%
Manaksia Steels Limited	791	120.75	14.11	20.70%	+80.77% TTM	+283.85% TTM	+112.59%
Scan Steels Limited	263	43.32	10.63	7.70%	+9.70% TTM	+41.06% TTM	+9.45%
KIC Metaliks Ltd. S	107	30.01	32.98	5.50%	+24.46% TTM	+139.93% TTM	+0.07%
Ankit Metal & Power Limited S	36	2.32	-0.14	—	-1.48% TTM	-310.27% TTM	+34.92%

Filings & corporate actions

Recent announcements

Scan Steels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve 1. the Unaudited Standalone and ....26 Oct 2026 · Board Meeting / Board Meeting
With reference to the requirement for submission of details relating to the Escrow Payment Mechanism, we wish to clarify that the said requirement is not applicable to the Company.23 Oct 2026 · Company Update / General
Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018, for the Quarter Ended September 30, 2026.14 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Voting Results & Scrutinizer''s Report of the 33rd Annual General Meeting ("AGM") of the Company held on Wednesday, September 30, 2026.1 Oct 2026 · AGM/EGM / AGM
Summary of the proceedings of the 33rd Annual General Meeting ("AGM") held on Wednesday, September 30, 2026 through Video conferencing ("VC") and Other Audio-Visual Means ("OAVM").30 Sep 2026 · AGM/EGM / AGM
Intimation of Closure of Trading Window for the quarter and half year ended September 30, 2026.24 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation of Schedule of Analysts/Institutional Investors Meeting under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.24 Sep 2026 · Company Update / Analyst / Investor Meet
Trading Approval received from BSE Limited4 Sep 2026 · Company Update / General
Newspaper Advertisement - 33rd Annual General Meeting (AGM)3 Sep 2026 · Company Update / Newspaper Publication
Intimation regarding Dispatch of Letter to Shareholders whose E-mail Addresses are not registered with the Company /RTA / Depositories3 Sep 2026 · Company Update / General
Intimation regarding Dispatch of Letter to shareholders whose E-mail Addresses are not registered with the Company/ RTA/Depositories3 Sep 2026 · Company Update / General
Annual Report for the Financial Year 2025-262 Sep 2026 · Others / Reg. 34 (1) Annual Report
Notice of the 33rd Annual General Meeting (AGM) of the Company2 Sep 2026 · AGM/EGM / AGM
Newspaper Advertisement - 33rd Annual General Meeting (AGM)2 Sep 2026 · Company Update / Newspaper Publication
Intimation of 33rd Annual General Meeting (AGM) Date and Book Closure1 Sep 2026 · Corp. Action / Book Closure
Intimation of 33rd Annual General Meeting (AGM) Date and Book Closure1 Sep 2026 · AGM/EGM / AGM
Board Meeting Outcome1 Sep 2026 · Company Update / General
We wish to inform you that the Board of Directors of the Company, at its Board Meeting held today, i.e., Tuesday, September 1, 2026, has, inter alia, considered and approved the following ....1 Sep 2026 · Board Meeting / Outcome of Board Meeting
The Meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, September 01, 2026, at 4:00 P.M. at Trishna Nirmalaya Bhawan, Plot No. 516/1723/3991, 3rd Floor, ....19 Aug 2026 · Company Update / General
Scan Steels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/09/2026 ,inter alia, to consider and approve 1. the draft Notice convening the ....19 Aug 2026 · Board Meeting / Board Meeting
Receipt of Listing Approval from BSE Limited.6 Aug 2026 · Company Update / General
Newspaper Publication of Un-Audited Standalone & Consolidated Financial Results for the Quarter ended June 30, 2026.29 Jul 2026 · Company Update / Newspaper Publication
Submission of Press Release regarding Q1 and FY27 Financial & Operational Performance.28 Jul 2026 · Company Update / Press Release / Media Release
1. Un-audited Standalone & Consolidated Financial results of the Company for the quarter ended June 30, 2026; 2. Re-appointment of Internal Auditor; 3. Re-appointment of Cost Auditor.28 Jul 2026 · Company Update / General
Re-appointment of Auditors of the Company for the financial year 2026-2027.28 Jul 2026 · Company Update / General
Un-audited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2026.28 Jul 2026 · Result / Financial Results
1. Un-audited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2026, along with the Limited Review Report of the Auditors thereon; 2. Re-appointment ....28 Jul 2026 · Board Meeting / Outcome of Board Meeting
Scan Steels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/07/2026 ,inter alia, to consider and approve 1. Consider, approve, and take ....18 Jul 2026 · Board Meeting / Board Meeting
Escrow Payment Mechanism is not applicable to the company.10 Jul 2026 · Company Update / General
Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the Quarter ended June 30, 2026.7 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Schedule of Analyst / Institutional Investor(s) Meeting.26 Jun 2026 · Company Update / Analyst / Investor Meet
Closure of Trading Window for the Quarter ending on June 30, 2026.24 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Submission of Investor Presentation under Regulation 30 of the SEBI (LODR) Regulations, 2015.19 Jun 2026 · Company Update / Investor Presentation
Outcome of the Meeting of the Board of Directors held on Friday, June 19, 2026.19 Jun 2026 · Company Update / General
Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors ....19 Jun 2026 · Others / Outcome without intimation
Intimation of Analyst / Investor meet under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.17 Jun 2026 · Company Update / Analyst / Investor Meet
Newspaper publication of Audited Standalone and Consolidated Financial Results of the Company for the quarter & year ended March 31, 2026.16 May 2026 · Company Update / Newspaper Publication
Submission of Press Release regarding Q4 and FY26 Financial & Operational Performance15 May 2026 · Company Update / Press Release / Media Release
Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026.15 May 2026 · Company Update / General
Outcome of Board Meeting - Audited Financial Results ( Standalone & Consolidated) for the quarter and year ended March 31, 2026.15 May 2026 · Result / Financial Results

Board meetings

5 Nov 2026 Board Meeting - Financial Results
28 Jul 2026 Board Meeting - Financial Results