Shah Alloys share price
NSE: SHAHALLOYSBSE: 513436Industrial ProductsSmall Cap
Last close ₹69.19down ₹3.60 (4.95%)BSE ₹70.99
Share price at the NSE close on 23 Oct 2026. Previous close ₹72.79.
52-week range of traded prices to 23 Oct 2026
₹53.10Low, 30 Mar 2026₹116.85High, 31 Aug 2026
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹137 Cr2,708th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 12 Aug 2026
- 1.9
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹92 crore of one-off items, the largest of them in the quarter to Dec 2025.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 2 Jul 2026
- 1.2
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 12 Aug 2026
- 96.1%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹92 crore of one-off items, the largest of them in the quarter to Dec 2025.
- −23.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 12 Aug 2026
- −8.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 2 Jul 2026
- 0.56
- Volume, NSEVolume. Shares traded on the last trading day.
- 9,755
Results
Standalone, as consolidated accounts are on record for only 10 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 12 Aug
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹0.00 Crdown 100.00%
- Net profitNet profit. Under it, net profit in the quarter before. A change in per cent is not worked out where either period is a loss or nothing.
- −₹2.07 CrQuarter to Mar 2026: ₹4.45 Cr
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
Back to profit in the year to Mar 2026, ₹73 CrA loss in 3 of the 10 years shown
The years either side of a change of basis do not compare. From the year to Mar 2018, the company's revenue for that year, ₹564 Cr, differs from its quarters added, ₹576 Cr.
| ₹ crore | Sep 2024Filed 12 Nov | Dec 2024Filed 12 Feb | Mar 2025Filed 13 Jun | Jun 2025Filed 14 Aug | Sep 2025Filed 14 Nov | Dec 2025Filed 14 Feb | Mar 2026Filed 2 Jul | Jun 2026Filed 12 Aug |
|---|---|---|---|---|---|---|---|---|
| Revenue | 66.3 | 51.9 | 29.8 | 23.6 | 3.0 | 10.3 | 0.4 | 0.0 |
| Net profit | 15.3 | −15.3 | −19.4 | −2.8 | 35.8 | 35.2 | 4.5 | −2.1 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 23.1% | −29.4% | −65.1% | −12.0% | 1,208.1% | 342.3% | 1,171.1% | – |
Standalone. The last eight quarters. The latest is shaded.
Business segments
In the year to Mar 2026 the company reports one business segment, INGOTS OF IRON AND STEEL AND OTHER PRIMARY FORMS, which carries all its revenue.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +23.1% | – | – | 0.0% |
| 3 years | +11.0% | +121.6% | −49.9% | 0.0% |
| 5 years | +47.1% | – | – | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2026.
Peers and competitors
Iron & Steel Products, 146 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Shah Alloys in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Vibhor Steel TubesVSTL | 179 | 23.6 | 0.9 | 7.8 | +20.9% | −36.2% | 3.9% | 6.5% | 0.00% |
 Rudra Global Infra ProductsRUDRA | 176 | 13.3 | 1.3 | 7.9 | +8.7% | +15.8% | 10.0% | 12.4% | 0.00% |
 Rathi Steel & PowerRATHIST | 157 | 10.8 | 1.0 | 6.7 | +42.1% | +9.9% | 10.1% | 11.1% | 0.00% |
 De Neers ToolsDENEERS | 149 | 5.9 | – | – | – | – | 30.4% | – | 0.00% |
 Incredible IndustriesINCREDIBLE | 137 | 11.6 | 0.9 | 6.7 | +5.1% | −19.3% | 7.8% | 9.6% | 0.00% |
 Tikona CommunicationTIKONA | 136 | 55.6 | – | 47.5 | – | – | – | 224.0% | 0.00% |
 Maiden ForgingsMAIDEN | 134 | 26.6 | 1.6 | – | +8.8% | −17.0% | 6.4% | – | 0.00% |
 Steelco GujaratSTEELCO | 128 | – | – | – | +2,525.0% | – | −222.7% | −11.0% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
| Ex-date | Type | Per share |
|---|---|---|
| 6 Sep 2007 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | 10% of face value (₹1.00 a share) |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Sep 2026
Shah Alloys share price by year
Each calendar year to 2025.Shah Alloys share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 69.85 | +3.8% | 80.20 | 43.81 |
| 2024 | 67.30 | +5.5% | 107.77 | 52.20 |
| 2023 | 63.80 | −0.8% | 78.85 | 39.95 |
| 2022 | 64.30 | +19.3% | 128.80 | 48.10 |
| 2021 | 53.90 | +509.0% | 61.15 | 6.80 |
| 2020 | 8.85 | +7.3% | 10.20 | 4.70 |
| 2019 | 8.25 | −56.8% | 22.25 | 7.35 |
| 2018 | 19.10 | +6.4% | 48.05 | 17.00 |
| 2017 | 17.95 | +27.3% | 23.05 | 14.25 |
| 2016 | 14.10 | +55.8% | 19.10 | 7.50 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 23 Oct 2026 | 72.43 | 72.43 | 69.16 | 69.19 | 69.24 | 9,755 |
| 22 Oct 2026 | 68.30 | 73.00 | 68.30 | 72.79 | 71.43 | 6,122 |
| 21 Oct 2026 | 74.40 | 75.15 | 70.61 | 70.82 | 73.63 | 7,750 |
| 19 Oct 2026 | 76.02 | 77.13 | 74.00 | 74.32 | 75.23 | 8,468 |
| 16 Oct 2026 | 78.00 | 79.00 | 75.00 | 76.70 | 76.33 | 6,043 |
| 15 Oct 2026 | 78.42 | 79.00 | 77.11 | 77.12 | 77.56 | 7,966 |
| 14 Oct 2026 | 77.05 | 79.87 | 77.05 | 78.81 | 77.39 | 2,998 |
| 13 Oct 2026 | 77.30 | 79.00 | 75.54 | 78.28 | 77.53 | 7,862 |
| 12 Oct 2026 | 80.80 | 82.00 | 75.30 | 76.99 | 79.33 | 16,130 |
| 9 Oct 2026 | 80.50 | 81.88 | 77.71 | 78.62 | 79.24 | 1,595 |
Prices in ₹ per share as traded, not adjusted.
Company details
- Legal name
- Shah Alloys Limited
- NSE symbol
- SHAHALLOYS
- BSE code
- 513436
- ISIN
- INE640C01011
- Industry
- Industrial Products
- Listed
- Sep 1993 on BSE, Jun 2005 on NSE
- Face value
- ₹10
- CIN
- L27100GJ1990PLC014698
- Corporate identity number, the registrar of companies' code for it