SAL Steel Key Ratios
NSE: SALSTEEL | BSE: 532604
₹94.82
As on 08-Nov-2026IST
Market cap
₹1,347 Cr
Revenue (TTM)
₹245 Cr
P/E Ratio
70.5
P/B Ratio
9
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 64.72 | 118.96 | -51.31 | -24.25 | -10.29 |
| EBIT | 81.26 | 90.26 | 271.36 | 28.71 | 2.29 |
| Net Profit | 236.89 | 179.09 | 128.44 | 77.49 | -25.11 |
| EPS | 236.97 | 63.80 | 199.22 | 136.81 | -10.95 |
| Book Value | -- | -- | 140.89 | 27.49 | 26.88 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 2.04 | 0.68 | 13.00 | 1.76 | 2.33 |
| Net Margin
| -0.42 | 0.32 | 7.79 | -0.17 | -1.18 |
| Return on equity
| -5.26 | 5.84 | 3.43 | -0.38 | -16.53 |
| Return on Capital
| 6.17 | 7.29 | -- | 5.59 | 4.89 |
| Return on Assets
| -0.66 | 0.64 | 3.59 | -0.07 | -2.06 |
| Debt to Equity (x)
| -- | -- | 2.40 | 2.38 | 4.97 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
--
|
5.59
|
4.89
|
8.02
|
8.12
|
|
Peer Median
|
--
|
13.88
|
14.07
|
--
|
--
|
ROE
3.43
Lower than Peers by 6.89
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
3.43
|
-0.38
|
-16.53
|
1.12
|
8.94
|
|
Peer Median
|
10.32
|
11.44
|
12.37
|
--
|
--
|
ROA
3.59
Lower than Peers by 1.93
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
3.59
|
-0.07
|
-2.06
|
0.17
|
1.25
|
|
Peer Median
|
5.52
|
5.36
|
7.53
|
--
|
--
|
EBIT Margin
13.00
Higher than Peers by 4.61
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
13.00
|
1.76
|
2.33
|
2.05
|
-0.21
|
|
Peer Median
|
8.38
|
9.73
|
8.78
|
--
|
--
|
Net Margin
7.79
Higher than Peers by 2.27
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
7.79
|
-0.17
|
-1.18
|
0.08
|
0.70
|
|
Peer Median
|
5.52
|
6.18
|
6.53
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
--
|
5.02
|
0.75
|
1.73
|
2.62
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-51.31
Lower than Peers by 56.39
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
-51.31
|
-61.88
|
-5.64
|
16.32
|
-1.89
|
|
Peer Median
|
5.08
|
12.70
|
3.51
|
--
|
--
|
EBIT Growth
271.36
Higher than Peers by 256.47
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
271.36
|
-71.11
|
7.24
|
1,216.61
|
91.76
|
|
Peer Median
|
14.90
|
26.08
|
2.75
|
--
|
--
|
Net Profit Growth
128.44
Higher than Peers by 108.35
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
128.44
|
94.54
|
-1,468.06
|
-86.76
|
-69.28
|
|
Peer Median
|
20.09
|
40.22
|
-1.04
|
--
|
--
|
EPS Growth
199.22
Higher than Peers by 183.96
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
199.22
|
96.80
|
-1,467.27
|
-86.75
|
-69.27
|
|
Peer Median
|
15.26
|
39.61
|
-1.70
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
--
|
310.44
|
-15.00
|
1.20
|
9.76
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
2.40
Higher than Peers by 2.27
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
2.40
|
2.38
|
4.97
|
2.97
|
3.01
|
|
Peer Median
|
0.13
|
0.37
|
0.35
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
--
|
0.40
|
1.36
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.28
Higher than Peers by 0.86
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
2.28
|
2.31
|
1.18
|
1.42
|
1.50
|
|
Peer Median
|
1.42
|
1.47
|
1.48
|
--
|
--
|
Quick Ratio
0.43
Lower than Peers by 0.19
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
0.43
|
0.48
|
0.59
|
0.92
|
0.90
|
|
Peer Median
|
0.62
|
0.69
|
0.73
|
--
|
--
|
Interest Coverage
2.16
Lower than Peers by 2.32
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
2.16
|
0.98
|
0.56
|
1.05
|
1.71
|
|
Peer Median
|
4.49
|
4.21
|
4.94
|
--
|
--
|
Operating Efficiency
Debtors to sales
1.64
Lower than Peers by 8.49
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
1.64
|
0.83
|
12.46
|
11.49
|
14.11
|
|
Peer Median
|
10.13
|
10.02
|
11.58
|
--
|
--
|
Asset Turnover
0.46
Lower than Peers by 0.46
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
0.46
|
0.44
|
1.77
|
2.08
|
1.76
|
|
Peer Median
|
0.92
|
0.88
|
1.13
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
--
|
60.59
|
44.54
|
42.63
|
45.69
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
--
|
290.55
|
49.65
|
33.87
|
39.29
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
--
|
52.80
|
24.22
|
27.90
|
37.29
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
--
|
298.35
|
69.96
|
48.60
|
47.68
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
70.50
Higher than Peers by 48.75
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
70.50
|
--
|
--
|
374.50
|
32.68
|
|
Peer Median
|
21.75
|
24.09
|
25.84
|
--
|
--
|
Price / Book Value
9.00
Higher than Peers by 6.38
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
9.00
|
3.64
|
4.15
|
4.19
|
2.79
|
|
Peer Median
|
2.62
|
2.62
|
2.59
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.52
|
0.35
|
0.40
|
--
|
--
|
EV/EBITDA
42.94
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
42.94
|
60.11
|
13.52
|
13.07
|
10.49
|
|
Peer Median
|
--
|
19.11
|
16.36
|
--
|
--
|
Market Cap
1,347
Lower than Peers by 5,550
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
SAL Steel
|
1,347
|
534
|
148
|
176
|
116
|
|
Peer Median
|
6,897
|
3,507
|
3,320
|
--
|
--
|