SAL Steel Key Ratios
NSE: SALSTEEL | BSE: 532604
₹82.43
As on 01-Sep-2026IST
Market cap
₹1,190 Cr
Revenue (TTM)
₹167 Cr
P/E Ratio
95.7
P/B Ratio
7.9
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 629.91 | -31.57 | -70.23 | -32.55 | -16.29 |
| EBIT | 150.70 | 234.75 | 1,279.88 | 11.49 | 1.68 |
| Net Profit | 402.94 | 131.95 | 93.57 | -174.10 | -161.81 |
| EPS | 402.70 | 118.75 | 162.19 | 42.41 | -8.52 |
| Book Value | -- | -- | -15.00 | -1.90 | 19.67 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-25 | Mar-24 |
| EBIT-Margin
| 1.39 | -0.30 | 13.53 | 2.33 | 2.05 |
| Net Margin
| -0.13 | 1.07 | 7.43 | -1.18 | 0.08 |
| Return on equity
| -2.16 | 17.27 | -1.59 | -16.53 | 1.12 |
| Return on Capital
| 7.01 | 7.63 | -- | 4.89 | 8.02 |
| Return on Assets
| -0.22 | 1.42 | 2.59 | -2.06 | 0.17 |
| Debt to Equity (x)
| -- | -- | 1.98 | 4.97 | 2.97 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
--
|
4.89
|
8.02
|
8.12
|
9.83
|
|
Peer Median
|
--
|
14.07
|
--
|
18.66
|
--
|
ROE
-1.59
Lower than Peers by 11.27
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
-1.59
|
-16.53
|
1.12
|
8.94
|
36.07
|
|
Peer Median
|
9.68
|
12.37
|
--
|
15.59
|
--
|
ROA
2.59
Lower than Peers by 1.74
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
2.59
|
-2.06
|
0.17
|
1.25
|
3.94
|
|
Peer Median
|
4.33
|
7.53
|
--
|
7.33
|
--
|
EBIT Margin
13.53
Higher than Peers by 5.27
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
13.53
|
2.33
|
2.05
|
-0.21
|
-2.54
|
|
Peer Median
|
8.26
|
8.78
|
--
|
8.89
|
--
|
Net Margin
7.43
Higher than Peers by 1.96
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
7.43
|
-1.18
|
0.08
|
0.70
|
2.16
|
|
Peer Median
|
5.47
|
6.53
|
--
|
7.37
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
--
|
0.75
|
1.73
|
2.62
|
4.10
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-70.23
Lower than Peers by 73.52
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
-70.23
|
-5.64
|
16.32
|
-1.89
|
67.92
|
|
Peer Median
|
3.28
|
3.51
|
--
|
23.86
|
--
|
EBIT Growth
1,279.88
Higher than Peers by 1,268.49
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
1,279.88
|
7.24
|
1,216.61
|
91.76
|
-37.78
|
|
Peer Median
|
11.38
|
2.75
|
--
|
-1.92
|
--
|
Net Profit Growth
93.57
Higher than Peers by 76.04
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
93.57
|
-1,468.06
|
-86.76
|
-69.28
|
-0.10
|
|
Peer Median
|
17.53
|
-1.04
|
--
|
-0.03
|
--
|
EPS Growth
162.19
Higher than Peers by 147.67
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
162.19
|
-1,467.27
|
-86.75
|
-69.27
|
-0.10
|
|
Peer Median
|
14.52
|
-1.70
|
--
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
--
|
-15.00
|
1.20
|
9.76
|
44.59
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
1.98
Higher than Peers by 1.86
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
1.98
|
4.97
|
2.97
|
3.01
|
3.28
|
|
Peer Median
|
0.13
|
0.35
|
--
|
0.43
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
--
|
1.36
|
--
|
--
|
0.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.31
Higher than Peers by 0.98
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
2.31
|
1.18
|
1.42
|
1.50
|
0.58
|
|
Peer Median
|
1.33
|
1.48
|
--
|
1.67
|
--
|
Quick Ratio
0.48
Lower than Peers by 0.12
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
0.48
|
0.59
|
0.92
|
0.90
|
0.40
|
|
Peer Median
|
0.59
|
0.73
|
--
|
0.93
|
--
|
Interest Coverage
1.79
Lower than Peers by 2.68
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
1.79
|
0.56
|
1.05
|
1.71
|
87.46
|
|
Peer Median
|
4.47
|
4.94
|
--
|
7.61
|
--
|
Operating Efficiency
Debtors to sales
1.02
Lower than Peers by 8.28
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
1.02
|
12.46
|
11.49
|
14.11
|
10.87
|
|
Peer Median
|
9.31
|
11.58
|
--
|
14.63
|
--
|
Asset Turnover
0.35
Lower than Peers by 0.61
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
0.35
|
1.77
|
2.08
|
1.76
|
1.72
|
|
Peer Median
|
0.96
|
1.13
|
--
|
1.23
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
--
|
44.54
|
42.63
|
45.69
|
50.85
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
--
|
49.65
|
33.87
|
39.29
|
29.20
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
--
|
24.22
|
27.90
|
37.29
|
53.62
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
--
|
69.96
|
48.60
|
47.68
|
26.44
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
95.75
Higher than Peers by 68.47
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
95.75
|
--
|
374.50
|
32.68
|
7.33
|
|
Peer Median
|
27.28
|
25.84
|
--
|
16.71
|
--
|
Price / Book Value
7.95
Higher than Peers by 5.66
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
7.95
|
4.15
|
4.19
|
2.79
|
2.24
|
|
Peer Median
|
2.29
|
2.59
|
--
|
1.39
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.30
|
0.40
|
--
|
0.26
|
--
|
EV/EBITDA
45.83
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
45.83
|
13.50
|
13.04
|
10.49
|
8.09
|
|
Peer Median
|
--
|
16.36
|
--
|
9.63
|
--
|
Market Cap
1,190
Lower than Peers by 4,939
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
SAL Steel
|
1,190
|
148
|
176
|
116
|
85
|
|
Peer Median
|
6,129
|
3,320
|
--
|
1,595
|
--
|