Scan Steels
- Market cap
- ₹ 277 Cr.
- P/E
- 11.3x
- P/B
- 0.62x
- 52-week range
- 31.35 – 68.81
- ROE
- 5%
- ROCE
- 7%
- Dividend yield
- 0%
- Debt / equity
- 0.16
- Sector
- Ferrous Metals
- Industry
- Iron & Steel
- Listed on
- NSE, BSE
About
Scan Steels Limited is an India-based steel manufacturing company. The Company is engaged in the manufacturing of thermomechanical treatment (TMT) rods, sponge iron, MS billets, and ingots, as well as generating power for captive consumption. The Company has a range of rolled steel TMT products which ranges from 8mm to 32mm under the brand SHRISHTII TMT. Under the Shrishti brand, the Company also has its product, SHRISHTII ROOFING, used for warehousing sheet and parking shed. The Company is a manufacturer of the SHRISHTII brand of roofing sheets which is marketed in Odisha through a dealer network. It manufactures structures, such as flats, angles, square bars, channels, round-plain rods. It also manufactures fly ash bricks.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Iron & Steel: 15 companies →Scan Steels against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)11.3 against a typical 14.1: cheaper than most peers (1st = cheapest).5th of 15
- Sales growth+11.2% against a typical +16.3% from a year earlier.9th of 14
- Profit growth+30% against a typical +25.7% from a year earlier.6th of 12
- Share price, 3 months−27.8% against a typical −8.5%.15th of 15
- Size₹ 277.2 Cr. market value against a typical ₹ 8,906.7 Cr. (1st = largest).12th of 14
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB+ by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil BBB+ | Stable | 23 Oct 2026 |
| Infomerics | IVR BBB+ | Stable | 30 Sep 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 23 Oct 2026 | Reaffirmed | Crisil BBB+ | — | CRISIL | ₹ 238 Cr. | |
| 22 Oct 2026 | Reaffirmed | Crisil BBB+ | — | CRISIL | ₹ 238 Cr. | |
| 7 Oct 2026 | Reaffirmed | Crisil BBB+ | — | CRISIL | ₹ 133 Cr. | |
| 28 Aug 2026 | Reaffirmed | Crisil BBB+ | — | CRISIL | ₹ 133 Cr. | |
| 30 Sep 2025 | ▲ Upgrade | IVR BBB+ | — | Infomerics | ₹ 103 Cr. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 262 | 219 | 257 | 234 | 140 | 175 | 241 | 232 | 133 | 192 | 282 | 258 |
| Expenses | 251 | 211 | 241 | 210 | 138 | 165 | 232 | 213 | 127 | 181 | 268 | 234 |
| Operating Profit | 11 | 9 | 16 | 24 | 2 | 10 | 9 | 19 | 6 | 10 | 14 | 23 |
| OPM % | 4.1% | 3.9% | 6% | 10% | 1.8% | 6% | 3.7% | 8% | 4.3% | 5% | 4.9% | 9% |
| Other Income | 0 | 0 | 1 | 2 | 1 | 0 | 1 | 0 | 0 | 0 | 2 | 0 |
| Interest | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Profit before tax | 5 | 2 | 11 | 20 | −2 | 4 | 4 | 13 | 0 | 4 | 9 | 17 |
| Tax % | 32% | 28% | 27% | 26% | −30% | 30% | 19% | 25% | −31% | 25% | 26% | 25% |
| Net Profit | 3 | 2 | 8 | 15 | −1 | 3 | 4 | 10 | 0 | 3 | 7 | 13 |
| EPS in Rs | 0.64 | 0.3 | 1.55 | 2.78 | −0.26 | 0.48 | 0.61 | 1.71 | −0.04 | 0.53 | 1.18 | 2.13 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 8%
- 5 Years
- 3%
- 3 Years
- −8%
- TTM
- 10%
- 10 Years
- 30%
- 5 Years
- −7%
- 3 Years
- 18%
- TTM
- 51%
- 10 Years
- 9%
- 5 Years
- 4%
- 3 Years
- 20%
- TTM
- —
- 10 Years
- 4%
- 5 Years
- 6%
- 3 Years
- 5%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Scan Steels | ₹ 41.80 | ₹ 277 Cr. | 11.3x | 0.6x | 5% | — |
| JSW Steel | ₹ 1,187.00 | ₹ 2,90,275 Cr. | 41.6x | 3x | — | 14.8% |
| Lloyds Metals And Energy | ₹ 1,780.40 | ₹ 1,00,195 Cr. | 27.8x | 7.6x | 36.2% | 22.4% |
| Jindal Steel | ₹ 1,012.00 | ₹ 1,04,634 Cr. | 25.9x | 2.1x | 6.9% | 6.3% |
| Jindal Stainless | ₹ 684.00 | ₹ 56,394 Cr. | 18.8x | 3.1x | 17.5% | 7.4% |
| Welspun Corp | ₹ 2,402.00 | ₹ 63,363 Cr. | 25.9x | 4.6x | 19.4% | 9.7% |
Management
- Prabir Kumar Das
- President, Compliance Officer, Company Secretary
- Kalyan Kiran Kiran Mishra
- Chief Financial Officer
- Ankur Madaan
- Whole-Time Director
- Praveen Kumar Patro
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.