S.A.L. STEEL LTD. (SALSTEEL) financials

S.A.L. STEEL LTD. (SALSTEEL) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 2003, SAL Steel Ltd does manufacturing of Sponge Iron, Ferro Alloys and Power[1]

Market Cap: ₹1,218Cr.
Current Price: ₹85.0
ROE: -17.7%
ROCE: 1.08%
Book Value: ₹10.1
Dividend Yield: 0.00%
52W High / Low: ₹102/26.5

In Jun 2026, S.A.L. STEEL LTD. (SALSTEEL) reported sales ₹87.37 Cr and net profit ₹3.09 Cr.

Annual TTM: sales ₹167 Cr, net profit ₹12 Cr.

Shareholding: Promoters 70.98% (Jun 2026), FIIs 0.00% (Jun 2026), Public 29.01% (Jun 2026), No. of Shareholders 53,818% (Jun 2026).

SALSTEEL quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	123.52	193.82	116.94	127.68	65.73	2.20	11.97	87.37
Expenses	117.65	181.73	117.09	132.99	52.76	2.23	4.89	73.82
Operating Profit	5.87	12.09	-0.15	-5.31	12.97	-0.03	7.08	13.55
OPM %	4.75%	6.24%	-0.13%	-4.16%	19.73%	-1.36%	59.15%	15.51%
Other Income	-0.00	-4.16	-0.00	-0.00	-0.00	16.09	-0.00	-0.00
Interest	3.22	4.87	5.10	4.93	5.14	5.67	4.57	6.25
Depreciation	2.55	2.58	2.84	2.69	2.70	2.69	2.79	2.77
Profit before tax	0.10	0.48	-8.09	-12.93	5.13	7.70	-0.28	4.53
Tax %	40.00%	241.67%	-26.21%	-25.21%	27.29%	13.90%	267.86%	31.79%
Net Profit	0.06	-0.68	-5.97	-9.67	3.73	6.63	-1.03	3.09
EPS in Rs	0.01	-0.08	-0.70	-1.14	0.44	0.61	-0.07	0.21
Raw PDF	—	—	—	—	—	—	—	—

SALSTEEL profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	408	301	505	496	577	544	207	167
Expenses	426	301	509	487	555	521	193	134
Operating Profit	-18	-0	-4	8	21	23	15	34
OPM %	-4.5%	-0.1%	-0.7%	1.7%	3.7%	4.3%	7%	20%
Other Income	44	22	29	14	2	-3	16	16
Interest	2	0	0	8	13	17	20	22
Depreciation	8	9	9	10	10	11	11	11
Profit before tax	17	12	16	6	1	-7	-0	17
Tax %	7%	7%	29%	36%	26%	-12%	-10%	—
Net Profit	16	12	12	4	0	-6	-0	12
EPS in Rs	1.87	1.36	1.36	0.42	0.06	-0.76	-0.02	1.19
Dividend Payout %	-0%	-0%	-0%	-0%	-0%	-0%	-0%	—

SALSTEEL balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	85	85	85	85	85	85	85	145
Reserves	-86	-70	-59	-47	-43	-43	-46	2
Borrowings	170	161	146	124	125	125	178	349
Other Liabilities	114	139	123	129	110	117	122	126
Total Liabilities	283	314	295	291	277	284	338	621
Fixed Assets	126	118	155	146	136	143	151	142
CWIP	11	46	1	1	3	1	1	174
Investments	-0	-0	-0	-0	-0	-0	-0	-0
Other Assets	147	150	139	144	137	140	187	306
Total Assets	283	314	295	291	277	284	338	621

SALSTEEL cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	-4	54	24	22	8	26	-21	-84
Cash from Investing Activity	8	-35	-1	0	-2	-13	-18	-175
Cash from Financing Activity	-6	-18	-22	-22	-7	-13	39	259
Net Cash Flow	-2	0	1	0	-1	0	-0	0
Free Cash Flow	4	18	23	22	8	26	-40	-259
CFO/OP	-44%	-295%	-8,893%	-729%	126%	123%	-91%	-581%

SALSTEEL shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	50.56%	50.56%	50.56%	50.56%	50.56%	61.47%	70.98%	70.98%
FIIs	0.07%	0.05%	0.00%	0.15%	0.00%	0.00%	0.00%	0.00%
Public	49.36%	49.38%	49.44%	49.29%	49.44%	38.53%	29.01%	29.01%
No. of Shareholders	65,097	63,904	64,486	63,565	60,884	57,124	55,132	53,818

SALSTEEL key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	58	107	104	40	51	42	45	3
Inventory Days	28	22	56	47	57	40	81	543
Days Payable	43	75	111	46	28	32	17	58
Cash Conversion Cycle	43	54	50	41	81	50	110	488
Working Capital Days	23	10	8	-71	32	25	19	293
ROCE %	2%	11%	7%	10%	8%	8%	7%	1%

SALSTEELUpdated 13 Oct 2026, 18:56

S.a.l. Steel Ltd.

SALSTEELUpdated 13 Oct 2026, 18:56

Market Cap

₹1,218Cr.

Current Price

₹85.0

High / Low

₹102/26.5

ROE-17.7%

ROCE1.08%

Book Value₹10.1

Face Value₹10.0

Dividend Yield0.00%

About

Incorporated in 2003, SAL Steel Ltd does manufacturing of Sponge Iron, Ferro Alloys and Power[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	153.64	3.14	148	0	2.38	0.12	16.67	0.1	0.01
Sep 2023	157	3.2	151.23	0	2.4	0.17	17.65	0.14	0.02
Dec 2023	129.53	3.22	127.26	0	2.38	-3.33	-25.53	-2.48	-0.29
Mar 2024	139.46	3.17	130.16	0	2.46	3.67	26.43	2.7	0.32
Jun 2024	110.71	3.18	104.73	0	2.6	0.2	20	0.16	0.02
Sep 2024	123.52	3.22	117.65	0	2.55	0.1	40	0.06	0.01
Dec 2024	193.82	4.87	181.73	-4.16	2.58	0.48	241.67	-0.68	-0.08
Mar 2025	116.94	5.1	117.09	0	2.84	-8.09	-26.21	-5.97	-0.7
Jun 2025	127.68	4.93	132.99	0	2.69	-12.93	-25.21	-9.67	-1.14
Sep 2025	65.73	5.14	52.76	0	2.7	5.13	27.29	3.73	0.44
Dec 2025	2.2	5.67	2.23	16.09	2.69	7.7	13.9	6.63	0.61
Mar 2026	11.97	4.57	4.89	0	2.79	-0.28	267.86	-1.03	-0.07
Jun 2026	87.37	6.25	73.82	0	2.77	4.53	31.79	3.09	0.21

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	363	30	337	-47	9	-59	28	-76	-8.93
Mar 2016	327	12	304	-31	8	-29	0	-29	-3.39
Mar 2017	361	1	351	2	8	4	75	1	0.1
Mar 2018	446	1	440	66	8	64	34	42	4.99
Mar 2019	571	2	562	-19	8	-19	16	-22	-2.54
Mar 2020	408	2	426	44	8	17	7	16	1.87
Mar 2021	301	0	301	22	9	12	7	12	1.36
Mar 2022	505	0	509	29	9	16	29	12	1.36
Mar 2023	496	8	487	14	10	6	36	4	0.42
Mar 2024	577	13	555	2	10	1	26	0	0.06
Mar 2025	544	17	521	-3	11	-7	-12	-6	-0.76
Mar 2026	207	20	193	16	11	0	-10	0	-0.02
TTM	167	22	134	16	11	17	—	12	1.19

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	70.98%
Public	29.01%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Sep 2023	50.56%	0%	—	49.44%
Dec 2023	50.56%	0%	—	49.43%
Mar 2024	50.56%	0%	—	49.44%
Jun 2024	50.56%	0%	—	49.43%
Sep 2024	50.56%	0.07%	—	49.36%
Dec 2024	50.56%	0.05%	—	49.38%
Mar 2025	50.56%	0%	—	49.44%
Jun 2025	50.56%	0.15%	—	49.29%
Sep 2025	50.56%	0%	—	49.44%
Dec 2025	61.47%	0%	—	38.53%
Mar 2026	70.98%	0%	—	29.01%
Jun 2026	70.98%	0%	—	29.01%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Other Assets	Total Assets
Mar 2015	85	-91	121	172	287	147	56	83	287
Mar 2016	85	-120	86	199	250	140	25	86	250
Mar 2017	85	-124	172	162	296	133	25	138	296
Mar 2018	85	-65	175	87	282	128	25	130	282
Mar 2019	85	-86	170	114	283	126	11	147	283
Mar 2020	85	-70	161	139	314	118	46	150	314
Mar 2021	85	-59	146	123	295	155	1	139	295
Mar 2022	85	-47	124	129	291	146	1	144	291
Mar 2023	85	-43	125	110	277	136	3	137	277
Mar 2024	85	-43	125	117	284	143	1	140	284
Mar 2025	85	-46	178	122	338	151	1	187	338
Mar 2026	145	2	349	126	621	142	174	306	621

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	22	0	-22	0
Mar 2016	2	-1	-1	0
Mar 2017	-6	-1	7	0
Mar 2018	7	-3	-3	1
Mar 2019	-4	8	-6	-2
Mar 2020	54	-35	-18	0
Mar 2021	24	-1	-22	1
Mar 2022	22	0	-22	0
Mar 2023	8	-2	-7	-1
Mar 2024	26	-13	-13	0
Mar 2025	-21	-18	39	0
Mar 2026	-84	-175	259	0

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	13	45	51	28	58	107	104	40	51	42	45	3
Inventory Days	43	48	92	85	28	22	56	47	57	40	81	543
Days Payable	34	38	44	30	43	75	111	46	28	32	17	58
Cash Conversion Cycle	22	55	99	83	43	54	50	41	81	50	110	488
Working Capital Days	-216	-228	-43	35	23	10	8	-71	32	25	19	293
ROCE %	10%	18%	5%	1%	2%	11%	7%	10%	8%	8%	7%	1%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of S.A.L. STEEL LTD. (SALSTEEL)?

The reported market capitalisation for S.A.L. STEEL LTD. (SALSTEEL) is ₹1,218Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of SALSTEEL?

The current price shown for S.A.L. STEEL LTD. (SALSTEEL) on Fincrux is ₹85.0 with a 52-week high/low of ₹102/26.5.

What were SALSTEEL latest quarterly results?

For Jun 2026, S.A.L. STEEL LTD. (SALSTEEL) reported sales ₹87.37 Cr and net profit ₹3.09 Cr (figures in ₹ crore unless noted).

What are SALSTEEL annual sales and net profit?

For TTM, S.A.L. STEEL LTD. (SALSTEEL) shows sales of ₹167 Cr and net profit of ₹12 Cr on the Fincrux profit & loss statement.

Who owns S.A.L. STEEL LTD. (SALSTEEL)?

Latest shareholding for S.A.L. STEEL LTD. (SALSTEEL) on Fincrux: Promoters 70.98% (Jun 2026), FIIs 0.00% (Jun 2026), Public 29.01% (Jun 2026), No. of Shareholders 53,818% (Jun 2026).

Where can I find S.A.L. STEEL LTD. (SALSTEEL) financials?

S.A.L. STEEL LTD. (SALSTEEL) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show SALSTEEL balance sheet and cash flow?

Yes. The S.A.L. STEEL LTD. (SALSTEEL) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 13 October 2026 at 18:56