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SHAHALLOYS

Shah Alloys Limited Share Price

Live price, chart and which mutual funds hold this stock

TopFund Score: 45/100 · Weak See breakdown ↓
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as of —

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Change

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Day Open

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Day High

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Day Low

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NSE Close — 25 Sep 2026

₹92.83

Change

+0.82 (0.89%)

Open

₹92.3

Prev. Close

₹92.01

Day High

₹94.5

Day Low

₹91.1

Volume Analysis

Traded

58,660

Delivered

129,729

Delivery %

57.96%

End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.

Strengths, Weaknesses, Opportunities & Threats

Strengths (0)

No signal for this stock

Weaknesses (2)

  • •Low return on equity (-101.0%)
  • •Below-average fundamentals quality score (45/100)

Opportunities (0)

No signal for this stock

Threats (0)

No signal for this stock

Rule-based signals from the fundamentals below — not investment advice.

Pivot Levels

Type R3 R2 R1 Pivot S1 S2 S3
Classic ₹97.92 ₹96.21 ₹94.52 ₹92.81 ₹91.12 ₹89.41 ₹87.72
Fibonacci ₹96.21 ₹94.91 ₹94.11 ₹92.81 ₹91.51 ₹90.71 ₹89.41
Camarilla ₹93.77 ₹93.45 ₹93.14 ₹92.81 ₹92.52 ₹92.21 ₹91.9

Support/resistance levels for today, calculated from the previous trading day's high/low/close.

Absolute Returns

YTD

+35.05%

1 Week

+5.63%

1 Month

-10.0%

3 Months

+34.56%

6 Months

+58.98%

1 Year

+39.53%

2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.

Stock Vitals

Computed from the latest available annual financials.

Graham Number

₹263.72

Current price is at or below the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.

DuPont ROE Breakdown

96.67%

Net margin 291.89% × asset turnover 0.18x × equity multiplier 1.84x

Company Overview

Sector

Capital Goods

Market Cap

₹184 Cr

ROE

-101.0%

Book Value

₹56.8

Face Value

₹10.0

Source: Screener.in (Consolidated figures) — data as of 27 Sep 2026. Not investment advice.

TopFund Analysis

Shah Alloys Limited scores weakly on TopFund's composite fundamentals check within the Capital Goods sector, at 45/100. The strongest factor is Financial Strength (85/100), while Growth (0/100) is the weakest area to weigh before deciding. Notably: Low return on equity (-101.0%); below-average fundamentals quality score (45/100).

TopFund Score — Fundamentals Quality

45/100 — Weak

Data confidence: 74/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.

As of 27 Sep 2026 · How we calculate this →

Financial Strength

85

Growth

0

Valuation

66

Cash Flow

0

Corporate Governance

56

Momentum

62

Institutional Ownership

30

Business Quality

50

Risk & Volatility

58

Liquidity

38

From Screener.in

  • +Company has reduced debt.
  • −Company has low interest coverage ratio.
  • −The company has delivered a poor sales growth of -40.6% over past five years.
  • −Company has a low return on equity of -109% over last 3 years.
  • −Contingent liabilities of Rs.132 Cr.

Not investment advice — an automated read of public fundamentals data, for research context only.

Corporate Actions

Closure of Trading Window 21 Sep 21 Sep
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 20 Sep 20 Sep
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 20 Sep 20 Sep
Shareholder Meeting / Postal Ballot-Outcome of AGM 18 Sep 18 Sep
Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 15 Sep

Shah Alloys received Regulation 29(1) disclosure on equity share acquisition by Bhadresh J. Shah and Manish J. Shah.

Source: BSE regulatory filings, via Screener.in.

Quarterly Results

Last several quarters

  Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Sales + 154 160 181 145 128 119 66 52 30 24 3 11 2
Expenses + 159 156 177 152 126 124 71 51 30 24 4 3 1
Operating Profit -5 4 4 -7 3 -6 -5 1 0 0 -1 8 1
OPM % -3.54% 2.53% 2.04% -4.82% 2.06% -4.66% -7.68% 1.71% 0.76% -1.73% -29.39% 71.55% 37.78%
Other Income + 0 0 0 -16 6 0 0 0 0 0 17 54 -5
Interest 1 1 1 1 1 1 1 1 1 1 1 1 0
Depreciation 2 2 2 2 2 2 2 2 2 2 2 2 2
Profit before tax -9 1 0 -26 6 -9 -8 -3 -3 -3 13 59 -7
Tax % -23.9% 18.42% 12.82% -10.21% 39.22% -24.61% -24.05% -24.71% -26.02% -25.16% 6.9% 39.02% 24.35%
Net Profit + -6 1 0 -24 4 -7 -6 -2 -4 -6 14 38 -8
EPS in Rs -3 0 0 -12 2 -3 -3 -1 -2 -3 7 19 -4
Raw PDF — — — — — — — — — — — — —

Source: Screener.in — figures in ₹ Crores unless marked %.

Profit & Loss (Yearly)

  Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Sales + 261 260 299 480 570 489 502 880 626 592 267 37
Expenses + 300 525 306 487 569 545 486 763 622 610 279 32
Operating Profit -39 -265 -7 -7 1 -56 16 117 4 -17 -13 5
OPM % -15.0% -102.0% -2.4% -1.5% 0.1% -11.0% 3.2% 13.0% 0.7% -3.0% -4.7% 13.0%
Other Income + -36 496 82 142 7 93 41 6 3 12 1 138
Interest 70 23 14 0 0 0 2 2 3 4 4 4
Depreciation 39 18 14 14 13 13 13 11 9 9 9 7
Profit before tax -184 189 47 121 -6 24 42 109 -5 -19 -25 133
Tax % -27.0% 34.0% 22.0% 70.0% -232.0% 120.0% 231.0% 25.0% -29.0% -1.0% -22.0% 19.0%
Net Profit + -140 121 36 36 8 -5 -56 82 -3 -19 -20 108
EPS in Rs -71 61 18 18 4 -2 -28 41 -2 -9 -10 54
Dividend Payout % 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

Source: Screener.in — figures in ₹ Crores unless marked %.

Balance Sheet

  Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Reserves -735 -400 -295 -193 -186 -38 -74 13 11 -9 -27 93
Borrowings + 653 419 338 263 238 209 168 117 74 80 79 63
Other Liabilities + 801 587 566 368 448 241 191 172 197 166 123 32
Total Liabilities 738 626 628 457 520 431 305 322 301 257 195 208
Fixed Assets + 175 157 143 131 119 106 93 82 73 67 57 50
CWIP 13 9 9 9 9 9 9 9 9 9 9 0
Investments 0 0 0 0 0 0 0 6 7 7 5 49
Other Assets + 551 460 476 317 392 316 202 225 212 174 124 108
Total Assets 738 626 628 457 520 431 305 322 301 257 195 208
Equity Capital 20 20 20 20 20 20 20 20 20 20 20 20

Source: Screener.in — figures in ₹ Crores unless marked %.

Cash Flow

  Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Cash from Operating Activity + — 49 78 124 14 121 57 68 43 -7 7 -71
Cash from Investing Activity + — 6 0 -1 -1 0 0 0 0 4 1 89
Cash from Financing Activity + — -53 -80 -124 -13 -121 -56 -70 -44 3 -6 -20
Net Cash Flow — 2 -1 -1 -1 0 1 -1 0 0 2 -2
CFO/OP — -18 -1,099 -1,758 1,619 -217 351 58 1,067 37 -55 -1,420
Free Cash Flow — 49 78 123 13 121 57 68 43 -3 8 8

Source: Screener.in — figures in ₹ Crores unless marked %.

Shareholding Pattern

Quarter-by-quarter — Promoters, FII, DII & public holding trend

Promoter holding: 53.77% → 53.75%
  Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Public 46.22% 46.22% 46.22% 46.22% 46.22% 46.21% 46.22% 46.22% 46.22% 46.18% 46.26% 46.26%
Promoters 53.77% 53.78% 53.78% 53.78% 53.78% 53.78% 53.78% 53.78% 53.75% 53.75% 53.75% 53.75%
FII 0.01% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.03% 0.08% 0.0% 0.0%

Source: Screener.in — quarterly shareholding disclosures.

Peers Comparison

Capital Goods — ranked by market cap

Company Market Cap (Cr) P/E P/B ROE
Shah Alloys Limited (this stock) 184 — 1.63 -101.0%
Rudra Global Infra Prod L 195 12.4 1.41 10.3%
Hindustan Adhesives Ltd. 195 8.65 1.78 16.0%
Emmbi Industries Limited 171 18.2 0.86 4.53%
Revathi Equipment India L 201 12.9 1.43 10.5%
Texmo Pipe & Products Ltd 166 11.0 0.72 6.3%
Aeroflex Neu Limited 208 1156.0 2.04 1.6%

Which Mutual Funds Hold Shah Alloys Limited?

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