SAL Steel Peer Comparison

NSE: SALSTEEL | BSE: 532604

₹93.60

₹4.33 (4.85%)

As on 25-Sep-2026IST

Market cap

₹1,354 Cr

Revenue (TTM)

₹167 Cr

P/E Ratio

108.9

P/B Ratio

Div. Yield

0 %

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	SAL Steel	Welspun	Shyam Metalics	Jindal Saw	NMDC Steel
Market cap (₹ Cr)	1,354	74,712	30,296	18,264	12,355
Revenue (₹ Cr)	167	17,300	19,574	18,263	13,938
Net Profit (₹ Cr)	12.43	1,405.08	1,120.14	597.08	83.67
Net Margin (%)	7.43	8.05	5.67	3.25	0.60
RoE (%)	-1.59	26.62	9.97	5.30	0.64
Price to Earnings	108.90	32.36	26.97	27.95	147.67
Price-To-Book	9.04	7.80	2.55	1.44	0.93

Income Statement (₹ Cr)

	SAL Steel	Welspun	Shyam Metalics	Jindal Saw	NMDC Steel
Operating Revenue	167.27	17,299.77	19,573.93	18,262.80	13,938.43
Total Income	167.27	17,463.78	19,771.02	18,359.89	14,047.32
Total Expenditure	133.69	14,896.80	17,055.22	16,321.47	12,428.33
EBITDA	33.58	2,402.97	2,518.71	1,941.33	1,510.10
Depreciation	10.95	394.35	942.48	640.86	1,026.06
EBIT	22.63	2,008.62	1,576.23	1,300.47	484.04
Interest	21.63	194.17	230.75	556.85	479.34
Other Income	0.00	164.01	197.09	97.09	108.89
Exceptional Items	16.09	0.00	0.00	0.00	0.00
Profit before Tax	17.09	1,978.46	1,542.57	840.71	113.59
Provision for Tax	4.66	573.38	422.43	243.63	29.92
Profit after Tax	12.43	1,405.08	1,120.14	597.08	83.67

	SAL Steel	Welspun	Shyam Metalics	Jindal Saw	NMDC Steel
Shareholder's Funds	146.62	9,155.56	11,522.81	12,574.24	13,173.20
Minority Interest	0.00	-10.09	2.93	52.84	0.00
Non-Current Liabilities	347.55	2,678.33	424.03	3,215.81	2,868.82
Current Liabilities	127.30	8,349.81	7,279.63	6,187.68	12,195.26
Total Liabilities	621.47	20,697.38	21,668.72	21,571.92	28,237.28

	SAL Steel	Welspun	Shyam Metalics	Jindal Saw	NMDC Steel
Non-Current Assets	315.53	8,564.29	11,975.59	10,512.89	21,560.76
Current Assets	294.27	11,102.55	7,255.90	9,972.57	6,459.00
Total Assets	621.47	20,697.38	21,668.72	21,571.92	28,237.28
Total Debt*	349.20	2,162.54	981.32	4,040.05	4,601.94
Net Current Assets	166.97	2,752.74	-23.73	3,784.89	-5,736.26
Contingent Liabilities	92.37	268.01	723.38	3,314.98	3,823.17

	SAL Steel	Welspun	Shyam Metalics	Jindal Saw	NMDC Steel
Cash From Operating Activities	-84.31	3,204.28	2,023.56	1,771.39	1,795.50
Cash Flow from Investing Activities	-174.75	-3,722.80	-1,939.26	-955.39	108.72
Cash from Financing Activities	259.36	875.09	-50.31	-1,073.28	-1,902.39
Net Cash Inflow / Outflow	0.30	356.57	33.99	-257.28	1.83

	SAL Steel	Welspun	Shyam Metalics	Jindal Saw	NMDC Steel
ROCE (%)	5.59	23.94	13.88	10.38	3.06
ROE (%)	-1.59	26.62	9.97	5.30	0.64
ROA (%)	2.59	7.88	6.16	2.81	0.30
EBIT Margin (%)	13.53	11.61	8.05	7.12	3.47
Net Margin (%)	7.43	8.05	5.67	3.25	0.60
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	SAL Steel	Welspun	Shyam Metalics	Jindal Saw	NMDC Steel
Revenue Growth (%)	-70.23	20.21	22.63	-8.57	41.57
EBIT Growth (%)	1,279.88	36.81	33.63	-50.97	124.80
Net Profit Growth (%)	176.45	1.40	21.27	-58.12	104.65
EPS Growth (%)	96.91	42.98	21.54	-62.04	104.65
Book Value Growth (%)	310.44	23.21	9.12	10.30	0.45

	SAL Steel	Welspun	Shyam Metalics	Jindal Saw	NMDC Steel
Price / Earnings	-1,158.96	32.35	26.97	27.95	147.67
Price / Book Value	9.04	7.80	2.55	1.44	0.93
Dividend Yield (%)	0.00	0.18	0.41	0.70	0.00
EV/EBITDA	50.68	30.41	12.21	11.20	10.70
Market Cap (₹ Cr)	534.05	21,460.75	21,422.24	11,719.54	9,726.61

	SAL Steel	Welspun	Shyam Metalics	Jindal Saw	NMDC Steel
Debt to Equity	1.98	0.17	0.01	0.12	0.22
Short term debt to equity ratio	0.40	0.06	0.07	0.20	0.10
Current Ratio	2.31	1.33	1.00	1.61	0.53
Quick Ratio	0.48	0.77	0.38	0.76	0.21
Interest Coverage	1.79	11.19	7.69	2.51	1.24

	SAL Steel	Welspun	Shyam Metalics	Jindal Saw	NMDC Steel
Debtors to sales (%)	1.02	9.94	4.62	16.94	1.28
Asset Turnover	0.35	0.97	1.08	0.86	0.49
Receivable days	60.59	37.88	16.69	67.89	5.04
Inventory Days	290.55	96.29	73.65	103.90	93.03
Payable days	52.80	68.58	106.37	61.16	223.20
Cash Conversion Cycle	298.35	65.59	-16.02	110.63	-125.13

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.