| Annual Financials | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
Revenue  | 366 | 338 | 363 | 449 | 576 | 452 | 323 | 535 | 510 | 578 | 545 | 562 |
| Expenses | 339 | 314 | 351 | 440 | 565 | 426 | 301 | 509 | 487 | 555 | 521 | 554 |
| EBITDA | 27 | 24 | 12 | 9 | 11 | 26 | 22 | 26 | 23 | 23 | 24 | 8 |
| Operating Profit % | 7 % | 7 % | 3 % | 1 % | 2 % | -4 % | -0 % | -1 % | 2 % | 4 % | 4 % | 1 % |
| Depreciation | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 10 | 10 | 11 | 11 |
| Interest | 30 | 12 | 1 | 1 | 2 | 2 | 0 | 0 | 8 | 13 | 17 | 18 |
| Profit Before Tax | -59 | -29 | 4 | 64 | -19 | 17 | 12 | 16 | 6 | 1 | -7 | -20 |
| Tax | 16 | 0 | 3 | 22 | 3 | 1 | 1 | 5 | 2 | 0 | -1 | -0 |
| Net Profit | -76 | -29 | 1 | 42 | -22 | 16 | 12 | 12 | 4 | 1 | -6 | -16 |
| EPS in ₹ | -8.93 | -3.39 | 0.10 | 4.99 | -2.54 | 1.87 | 1.36 | 1.36 | 0.42 | 0.06 | -0.76 | -1.90 |
SAL Steel
SAL Steel
28.40
+0.27
(0.96%)
Market Cap
241.31 Cr
EPS
-0.76
PE Ratio
-
Dividend Yield
0.00 %
Industry
Metals & Mining52 Week High
36.50
52 Week Low
14.37
PB Ratio
6.49
Debt to Equity
3.75
Sector
Sponge Iron
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Company News
View All News
Sree Metaliks Limited Launches Open Offer to Acquire 26% Stake in SAL Steel Limited at ₹25 Per Share
Sep 12, 2025
Sep 12, 2025Sree Metaliks Limited has announced an open offer to acquire up to 3,76,39,342 equity shares representing 26% of SAL Steel Limited's expanded share capital at ₹25 per share, totaling ₹94.09 crore. The offer follows Sree Metaliks' agreement to acquire control through a share purchase agreement with existing promoters Shah Alloys Limited and SAL Care Private Limited for 4,29,59,495 shares, and a share subscription agreement for preferential allotment of 1,92,50,000 equity shares and 3,57,50,000 warrants worth ₹99 crore. Upon completion, Sree Metaliks will hold 96.98% of SAL Steel's expanded share capital. The tendering period runs from October 31, 2025 to November 14, 2025. SAL Steel operates in manufacturing of Direct Reduced Iron, Ferro Alloys, Iron Ore pellets and steel products, while Sree Metaliks is engaged in iron ore mining, processing and steel manufacturing. The acquirer intends to retain SAL Steel's listing status and continue existing business operations.
SAL Steel Limited disclosed that it has received a Public Announcement from Sree Metaliks Limited for an Open Offer to acquire equity shares from public shareholders. The announcement was issued by Vivro Financial Services Private Limited on September 4, 2025. The Open Offer is being conducted under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulation 2011. SAL Steel has shared this information with stock exchanges BSE Limited and National Stock Exchange of India Limited for dissemination to shareholders.
SAL Steel Limited Approves Share Purchase and Subscription Agreements with Sree Metaliks LimitedSep 04, 2025
Sep 04, 2025SAL Steel Limited's board approved two key agreements with Sree Metaliks Limited. Under the Share Purchase Agreement, promoter shareholders Shah Alloys Limited and SAL CARE Private Limited will sell 3,02,56,989 equity shares (33.71% diluted equity) and 1,27,02,506 equity shares plus 48,00,000 warrants respectively to Sree Metaliks Limited. Additionally, a Share Subscription Agreement was approved for SAL Steel to issue 1,92,50,000 equity shares at ₹18 per share (aggregating ₹34.65 crores) and 3,57,50,000 warrants at ₹18 exercise price (aggregating ₹64.35 crores) through preferential allotment. The total fundraising amounts to ₹99 crores. The board also approved increasing authorized share capital from ₹140 crores to ₹145 crores. Post-transaction, Sree Metaliks Limited will hold 37.99% stake and become the new promoter, while existing promoters will be reclassified as public shareholders. The transaction requires shareholder approval and triggers a mandatory open offer under SEBI takeover regulations. The 22nd Annual General Meeting is scheduled for September 26, 2025.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
1,226.90 | #1 64,589.93 | 42.86 | #1 6,772.60 | 3.01 | #1 1,450 | 15.11 | 31.50 | |
427.90 | 26,005.67 | - | 640.60 | -66.37 | -205 | #1 25.44 | 53.65 | |
145.56 | 480.10 | 13.51 | 478.90 | -17.99 | 44 | -50.97 | 38.29 | |
156.50 | 374.10 | 38.46 | 174.20 | -8.89 | 10 | - | 47.36 | |
28.40 | #5 241.31 | - | #3 545.00 | #4 -5.74 | #6 -6 | #6 -4,950.00 | 55.68 | |
53.85 | 168.80 | 22.85 | 414.00 | 5.88 | 9 | -98.77 | 40.81 | |
12.80 | 115.90 | #1 13.11 | 349.30 | #1 19.54 | 10 | -43.24 | 32.75 |
Automatic Screeners on ScanX
Forecast
Actual
Growth Rate
Revenue Growth
-5.74 %
Net Income Growth
-1,380.00 %
Cash Flow Change
-180.33 %
ROE
-1,581.25 %
ROCE
-28.05 %
EBITDA Margin (Avg.)
11.06 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 287 | 250 | 296 | 282 | 283 | 314 | 295 | 291 | 277 | 284 | 338 |
| Fixed Assets | 147 | 140 | 133 | 128 | 126 | 118 | 155 | 146 | 136 | 143 | 151 |
| Current Assets | 57 | 76 | 119 | 117 | 139 | 142 | 131 | 135 | 134 | 137 | 184 |
| Capital Work in Progress | 56 | 25 | 25 | 25 | 11 | 46 | 1 | 1 | 3 | 1 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 83 | 86 | 138 | 130 | 147 | 150 | 139 | 144 | 137 | 140 | 187 |
| Total Liabilities | 287 | 250 | 296 | 282 | 283 | 314 | 295 | 291 | 277 | 284 | 338 |
| Current Liabilities | 270 | 280 | 160 | 72 | 102 | 130 | 123 | 231 | 90 | 96 | 156 |
| Non Current Liabilities | 23 | 6 | 174 | 190 | 182 | 169 | 146 | 22 | 146 | 146 | 144 |
| Total Equity | -6 | -35 | -39 | 20 | -1 | 15 | 26 | 38 | 42 | 42 | 39 |
| Reserve & Surplus | -91 | -120 | -124 | -65 | -86 | -70 | -59 | -47 | -43 | -43 | -49 |
| Share Capital | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 0 | -0 | 0 | 1 | -2 | 0 | 1 | 0 | -1 | 0 | -0 |
| Investing Activities | 0 | -1 | -1 | -3 | 8 | -35 | -1 | 0 | -2 | -14 | -18 |
| Operating Activities | 22 | 2 | -6 | 7 | -4 | 54 | 24 | 22 | 8 | 26 | -21 |
| Financing Activities | -22 | -1 | 7 | -3 | -7 | -18 | -22 | -22 | -7 | -13 | 39 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
| Promoter | 50.56 % | 50.56 % | 50.56 % | 50.56 % | 50.56 % | 50.56 % | 50.56 % | 50.56 % | 50.56 % | 50.56 % | 50.56 % | 50.56 % | 50.56 % | 50.56 % | 50.56 % | 50.56 % | 50.56 % | 50.56 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.07 % | 0.05 % | 0.00 % | 0.15 % |
| DIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 38.05 % | 40.67 % | 42.63 % | 44.55 % | 45.75 % | 45.83 % | 41.32 % | 41.90 % | 42.35 % | 42.27 % | 42.77 % | 43.27 % | 43.60 % | 43.35 % | 42.94 % | 42.46 % | 42.22 % | 43.08 % |
| Others | 11.39 % | 8.77 % | 6.81 % | 4.88 % | 3.69 % | 3.61 % | 8.12 % | 7.54 % | 7.09 % | 7.16 % | 6.67 % | 6.17 % | 5.84 % | 6.09 % | 6.42 % | 6.93 % | 7.21 % | 6.20 % |
| No of Share Holders | 25,207 | 26,558 | 30,823 | 35,812 | 42,958 | 44,846 | 43,802 | 41,646 | 41,905 | 42,111 | 43,284 | 55,589 | 69,413 | 66,360 | 65,097 | 63,904 | 64,486 | 63,565 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 08 Jun 2024 |  Extraordinary General Meeting | NA | 08 Jun 2024 | 18.63 | 19.44 |
| 27 Sept 2024 |  Annual General Meeting | NA | 27 Sept 2024 | 19.75 | 28.75 |
| 12 Nov 2024 |  Quarterly Result Announcement | NA | 12 Nov 2024 | 25.06 | 26.23 |
| 12 Feb 2025 | Quarterly Result Announcement | NA | 12 Feb 2025 | 21.31 | 20.04 |
| 30 May 2025 | Quarterly Result Announcement | NA | 30 May 2025 | 18.26 | 18.23 |
| 14 Aug 2025 | Quarterly Result Announcement | NA | 14 Aug 2025 | 15.87 | 15.19 |
| 26 Sept 2025 | Annual General Meeting | NA | 26 Sept 2025 | 18.20 | 28.42 |
Announcements
Intimation Of Reconstitution Of Audit Committee Nomination & Remuneration Committee And Stakeholders Relationship Committee2 days ago
2 days agoAnnouncement under Regulation 30 (LODR)-Change in Management2 days ago
2 days agoShareholder Meeting / Postal Ballot-Scrutinizers Report2 days ago
2 days agoAnnouncement under Regulation 30 (LODR)-Meeting Updates3 days ago
3 days agoShareholder Meeting / Postal Ballot-Outcome of AGM3 days ago
3 days agoClosure of Trading Window5 days ago
5 days agoAnnouncement under Regulation 30 (LODR)-Open Offer - Updates10 days ago
10 days agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication10 days ago
10 days agoDraft Letter of Offer10 days ago
10 days agoAnnouncement under Regulation 30 (LODR)-Meeting UpdatesSep 18, 2025
Sep 18, 2025CORRIGENDUM IN CONTINUATION TO THE NOTICE CONVENING THE 22ND ANNUAL GENERAL MEETING TO BE HELD ON FRIDAY 26TH DAY OF SEPTEMBER 2025.Sep 18, 2025
Sep 18, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 12, 2025
Sep 12, 2025Updates on Open OfferSep 12, 2025
Sep 12, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 05, 2025
Sep 05, 2025Open Offer - Public AnnouncementSep 05, 2025
Sep 05, 2025Announcement under Regulation 30 (LODR)-Open Offer - UpdatesSep 04, 2025
Sep 04, 2025Reg. 34 (1) Annual Report.Sep 04, 2025
Sep 04, 2025Intimation - Notice Of The 22Nd Annual General Meeting Of The CompanySep 04, 2025
Sep 04, 2025Board Meeting Outcome for Outcome Of The Board Meeting Held On 04.09.2025 Pursuant To Regulations 30 Read With Schedule III Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (SEBI LODR Regulations).Sep 04, 2025
Sep 04, 2025Closure of Trading WindowSep 02, 2025
Sep 02, 2025Board Meeting Intimation for Intimation Under Regulation 29 Of SEBI (LODR) Regulations 2015 As Amended From Time To Time (SEBI Listing Regulations) Regarding Board Meeting To Be Held On Thursday 04Th September 2025.Sep 01, 2025
Sep 01, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 16, 2025
Aug 16, 2025Financial Results For Quarter Ended On June 30 2025Aug 14, 2025
Aug 14, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On August 14 2025Aug 14, 2025
Aug 14, 2025Board Meeting Intimation for Approval Of Un-Audited Standalone Financial Results Of The Company For The Quarter Ended On June 30 2025 And To Transact Other Businesses.Aug 08, 2025
Aug 08, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 14, 2025
Jul 14, 2025Closure of Trading WindowJun 26, 2025
Jun 26, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 31, 2025
May 31, 2025Announcement under Regulation 30 (LODR)-Meeting UpdatesMay 30, 2025
May 30, 2025Announcement under Regulation 30 (LODR)-Meeting UpdatesMay 30, 2025
May 30, 2025Announcement under Regulation 30 (LODR)-Meeting UpdatesMay 30, 2025
May 30, 2025Announcement under Regulation 30 (LODR)-Meeting UpdatesMay 30, 2025
May 30, 2025Audited Standalone Financial Results For The Quarter And Financial Year Ended On 31.03.2025 Duly Reviewed By The Audit CommitteeMay 30, 2025
May 30, 2025Board Meeting Outcome for Outcome Of Board Meeting -Disclosure Under Regulation 30 And 33 Of The Securities And Exchange Board Of India (Listing Obligation And Disclosure Requirements) Regulations 2015May 30, 2025
May 30, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 27, 2025
May 27, 2025Board Meeting Intimation for Intimation Under Regulation 29 Of SEBI (LODR) Regulations 2015 Regarding Board Meeting To Be Held On Friday 30Th May 2025May 22, 2025
May 22, 2025Disclosure under Regulation 30A of LODRMay 21, 2025
May 21, 2025Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 16, 2025
Apr 16, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 07, 2025
Apr 07, 2025Closure of Trading WindowMar 26, 2025
Mar 26, 2025Board Comments On Fine Levied By Stock Exchanges For Non-Compliance Under Regulation 17(1) Of SEBI (LODR) Regulations 2015Mar 18, 2025
Mar 18, 2025Board Comments On Fine Levied By Stock Exchanges For Non- Compliance Unde Regulation 6 (1) Of SEBI (LODR) Regulations 2015Mar 18, 2025
Mar 18, 2025Appointment of Company Secretary and Compliance OfficerMar 18, 2025
Mar 18, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On 18.03.2025Mar 18, 2025
Mar 18, 2025Disclosure Under Regulation 30 Read With Para A Of Part A Of Schedule III Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 About Fine Imposed By Stock ExchangesMar 18, 2025
Mar 18, 2025Board Meeting Intimation for Board Meeting To Be Held On 18.03.2025Mar 13, 2025
Mar 13, 2025Disclosure Under Regulation 30 Read With Para A Of Part A Of Schedule III Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Feb 21, 2025
Feb 21, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 13, 2025
Feb 13, 2025Integrated Filing (Financial)Feb 12, 2025
Feb 12, 2025Statement Of Deviation Or Variation(S) In The Use Of Proceeds Of Preferential Issue Of Equity Shares And Equity Share Warrants Under Regulation 32 Of The SEBI (LODR) 2015 For The Quarter Ended 31St DeFeb 12, 2025
Feb 12, 2025Technical Indicators
RSI(14)
Neutral 56.70
ATR(14)
Less Volatile 1.96
STOCH(9,6)
Oversold 17.53
STOCH RSI(14)
Oversold 0.90
MACD(12,26)
Bearish -0.73
ADX(14)
Strong Trend 28.70
UO(9)
Bearish 45.67
ROC(12)
Downtrend And Accelerating -6.92
WillR(14)
Oversold -84.72
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