---
title: "S.A.L Steel Ltd (SALSTEEL) — Share Price, Financials & Analysis"
symbol: "SALSTEEL"
company: "S.A.L Steel Ltd"
canonical: "https://tapetide.com/stocks/SALSTEEL"
isin: "INE658G01014"
nse_symbol: "SALSTEEL"
bse_code: "532604"
sector: "Commodities"
industry: "Ferrous Metals"
market_cap_cr: 1078.08
generated_at: "2026-09-13T19:20:35.739Z"
---

# S.A.L Steel Ltd (SALSTEEL)

Canonical page: https://tapetide.com/stocks/SALSTEEL

## Company

- **NSE Symbol:** SALSTEEL
- **BSE Code:** 532604
- **ISIN:** INE658G01014
- **Sector:** Commodities
- **Industry:** Ferrous Metals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2004-11-24
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** salsteel.co.in

## About

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

## Latest Price

- **Price:** ₹74.81
- **Change:** -1.82 (-2.38%)
- **Open:** ₹76
- **Day High:** ₹76.69
- **Day Low:** ₹74
- **Previous Close:** ₹76.63
- **Volume:** 418767
- **As Of:** 2026-09-11T10:29:12+00:00

## Key Fundamentals

Observed at 2026-09-11T04:38:27.433044Z.

- **Market Cap:** ₹1078.08 Cr
- **Classification:** Microcap
- **P/E (reported):** 89.6
- **P/E (TTM):** 62.87
- **EPS (TTM):** ₹1.19
- **Book Value:** ₹10.13
- **Price to Book:** 7.61
- **Dividend Yield:** 0%
- **ROE:** -16.59%
- **ROCE:** 5.13%
- **Debt to Equity:** 2.37
- **Revenue (yearly):** ₹207.4 Cr
- **Net Income:** ₹-0.39 Cr
- **EBITDA:** ₹14.52 Cr
- **52-Week High:** ₹86.25
- **52-Week Low:** ₹26.1
- **RSI (14):** 55.74

## Tapetide Score

- **Score:** 31 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 2.7 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 20.17 | 9% |
| growth | 1.1 | 9% |
| momentum | 98.29 | 12% |
| ownership | 50.94 | 24% |
| quality | 31.1 | 22% |
| valuation | 10.04 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Weaknesses

- Stock is trading at 7.39 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -7.17% over past five years.
- Company has a low return on equity of -10.4% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.16.1 Cr.
- Working capital days have increased from 112 days to 293 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -180.36% | -352.03% | -189.66% |
| ebitda margin growth | 91.55% | 47.06% | 63.32% | 35.7% |
| net income growth | 410% | -93.91% | -178% | -103.39% |
| revenue growth | 628.33% | -61.94% | -25% | -7% |
| roce | — | -28.05% | -28.05% | 10.82% |
| roe | — | — | -2.31% | -137.58% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | 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 | 157 | 129.53 | 139.46 | 110.71 | 123.52 | 193.82 | 116.94 | 127.68 | 65.73 | 2.2 | 11.97 | 87.37 |
| Expenses | 151.23 | 127.26 | 130.16 | 104.73 | 117.65 | 181.73 | 117.09 | 132.99 | 52.76 | 2.23 | 4.89 | 73.82 |
| Operating Profit | 5.77 | 2.27 | 9.3 | 5.98 | 5.87 | 12.09 | -0.15 | -5.31 | 12.97 | -0.03 | 7.08 | 13.55 |
| OPM % | 3.68 | 1.75 | 6.67 | 5.4 | 4.75 | 6.24 | -0.13 | -4.16 | 19.73 | -1.36 | 59.15 | 15.51 |
| Other Income | 0 | 0 | 0 | 0 | 0 | -4.16 | 0 | 0 | 0 | 16.09 | 0 | 0 |
| Interest | 3.2 | 3.22 | 3.17 | 3.18 | 3.22 | 4.87 | 5.1 | 4.93 | 5.14 | 5.67 | 4.57 | 6.25 |
| Depreciation | 2.4 | 2.38 | 2.46 | 2.6 | 2.55 | 2.58 | 2.84 | 2.69 | 2.7 | 2.69 | 2.79 | 2.77 |
| Profit before tax | 0.17 | -3.33 | 3.67 | 0.2 | 0.1 | 0.48 | -8.09 | -12.93 | 5.13 | 7.7 | -0.28 | 4.53 |
| Tax % | 17.65 | -25.53 | 26.43 | 20 | 40 | 241.67 | -26.21 | -25.21 | 27.29 | 13.9 | 267.86 | 31.79 |
| Net Profit | 0.14 | -2.48 | 2.7 | 0.16 | 0.06 | -0.68 | -5.97 | -9.67 | 3.73 | 6.63 | -1.03 | 3.09 |
| EPS in Rs | 0.02 | -0.29 | 0.32 | 0.02 | 0.01 | -0.08 | -0.7 | -1.14 | 0.44 | 0.61 | -0.07 | 0.21 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 446 | 571 | 408 | 301 | 505 | 496 | 577 | 544 | 207 | 167 |
| Expenses | 440 | 562 | 426 | 301 | 509 | 487 | 555 | 521 | 193 | 134 |
| Operating Profit | 6 | 9 | -18 | 0 | -4 | 8 | 21 | 23 | 15 | 34 |
| OPM % | 1.4 | 1.6 | -4.5 | -0.1 | -0.7 | 1.7 | 3.7 | 4.3 | 7 | 20 |
| Other Income | 66 | -19 | 44 | 22 | 29 | 14 | 2 | -3 | 16 | 16 |
| Interest | 1 | 2 | 2 | 0 | 0 | 8 | 13 | 17 | 20 | 22 |
| Depreciation | 8 | 8 | 8 | 9 | 9 | 10 | 10 | 11 | 11 | 11 |
| Profit before tax | 64 | -19 | 17 | 12 | 16 | 6 | 1 | -7 | 0 | 17 |
| Tax % | 34 | 16 | 7 | 7 | 29 | 36 | 26 | -12 | -10 | — |
| Net Profit | 42 | -22 | 16 | 12 | 12 | 4 | 0 | -6 | 0 | 12 |
| EPS in Rs | 4.99 | -2.54 | 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 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | 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 | 85 | 85 | 145 |
| Reserves | -124 | -65 | -86 | -70 | -59 | -47 | -43 | -43 | -46 | 2 |
| Borrowings | 172 | 175 | 170 | 161 | 146 | 124 | 125 | 125 | 178 | 349 |
| Other Liabilities | 162 | 87 | 114 | 139 | 123 | 129 | 110 | 117 | 122 | 126 |
| Total Liabilities | 296 | 282 | 283 | 314 | 295 | 291 | 277 | 284 | 338 | 621 |
| Fixed Assets | 133 | 128 | 126 | 118 | 155 | 146 | 136 | 143 | 151 | 142 |
| CWIP | 25 | 25 | 11 | 46 | 1 | 1 | 3 | 1 | 1 | 174 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 138 | 130 | 147 | 150 | 139 | 144 | 137 | 140 | 187 | 306 |
| Total Assets | 296 | 282 | 283 | 314 | 295 | 291 | 277 | 284 | 338 | 621 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -6 | 7 | -4 | 54 | 24 | 22 | 8 | 26 | -21 | -84 |
| Cash from Investing Activity | -1 | -3 | 8 | -35 | -1 | 0 | -2 | -13 | -18 | -175 |
| Cash from Financing Activity | 7 | -3 | -6 | -18 | -22 | -22 | -7 | -13 | 39 | 259 |
| Net Cash Flow | 0 | 1 | -2 | 0 | 1 | 0 | -1 | 0 | 0 | 0 |
| Free Cash Flow | -6 | 4 | 4 | 18 | 23 | 22 | 8 | 26 | -40 | -259 |
| CFO/OP | -61 | 108 | -44 | -295 | -8893 | -729 | 126 | 123 | -91 | -581 |

### Ratios

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

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | 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% | 50.56% | 50.56% | 50.56% | 50.56% | 61.47% | 70.98% | 70.98% |
| FIIs | 0% | 0% | 0% | 0% | 0.07% | 0.05% | 0% | 0.15% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 42.77% | 43.27% | 43.6% | 43.35% | 42.94% | 42.46% | 42.22% | 43.08% | 41.5% | 30.59% | 21.41% | 21.28% |
| Others | 6.67% | 6.17% | 5.84% | 6.09% | 6.42% | 6.93% | 7.21% | 6.2% | 7.94% | 7.94% | 7.61% | 7.73% |
| No. of Shareholders | 43284 | 55589 | 69413 | 66360 | 65097 | 63904 | 64486 | 63565 | 60884 | 57124 | 55132 | 53818 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 9 / 5 / 5

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 79.87 | Sell |
| EMA (10) | 77.98 | Sell |
| SMA (20) | 77.49 | Sell |
| EMA (20) | 75.79 | Sell |
| SMA (50) | 66.14 | Buy |
| EMA (50) | 69.12 | Buy |
| SMA (100) | 62.16 | Buy |
| EMA (100) | 62.57 | Buy |
| SMA (200) | 52.19 | Buy |
| EMA (200) | 53.38 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 51.84 | Neutral |
| MACD (12,26,9) | 3.52 | Sell |
| Stochastic (14,3,3) | 42.14 | Neutral |
| ADX (14) | 33.88 | Buy |
| Williams %R (14) | -70.62 | Neutral |
| ATR (14) | 4.63 | High Volatility |
| ROC (12) | 4.42 | Buy |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 44.82 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b205f1e5-d222-4889-9ba9-86928f899dd5.pdf) |
| 2026-09-01 | [23Rd Annual General Meeting Is Scheduled To Be Held On Friday September 25 2026 At 12.30 PM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=406d6868-a24a-4d86-9d93-fe0eef44a80b.pdf) |
| 2026-09-01 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=10ecedbf-3f2d-402a-a158-2627828592c4.pdf) |
| 2026-08-15 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fed796ab-25ef-4514-b76a-fe49fe5af178.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Outcome Of Board Meeting Held On August 14 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6f4cb1d9-9b6f-4d72-8cd6-109b6af920ba.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=87b8208a-e5a8-4b98-93c2-c93621aacdbc.pdf) |
| 2026-08-11 | [Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=BBE1B837_EB16_4A9E_9D09_84699429B935_145920.pdf) |
| 2026-08-06 | [Board Meeting Intimation for Board Meeting Intimation For Approval Of Un-Audited Standalone Financial Results Of The Company For The Quarter Ended On June 30 2026 And To Transact Other Businesses.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=92a6c3d4-51bf-4d36-9ef9-0523a6a6642e.pdf) |
| 2026-08-05 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2dc4c422-bb04-4b9b-84c4-f1bf89c1bcfb.pdf) |
| 2026-07-07 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=352cb903-a49c-4474-8d73-00149a2679ba.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Submission Of Un-Audited Standalone Financial Results For The Quarter Ended As On June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=85d3537c-054b-4b6a-be73-2e78d324c455.pdf) |
| 2026-05-29 | [Submission Of Audited Standalone Financial Statement For The Quarter And The Financial Year Ended On 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6a6109ef-4e20-4eca-a5c3-3c43ed0bc00e.pdf) |
| 2026-02-14 | [Un-Audited Standalone Financial Results For The Quarter And Nine Months Ended On 31.12.2025 Duly Reviewed By The Audit Committee](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b18d670a-13bf-40c8-bf83-ba630a13fc3c.pdf) |
| 2025-11-14 | [Un-Audited Standalone Financial Results For The Quarter And Half Year Ended As On 30.09.2025 Duly Reviewed By The Audit Committee.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0afae6b1-d29a-4bab-92ac-b43d7130dbe8.pdf) |
| 2025-08-14 | [Financial Results For Quarter Ended On June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d9c32150-540e-411c-bce5-4ba00ee0d11e.pdf) |
| 2025-05-30 | [Audited Standalone Financial Results For The Quarter And Financial Year Ended On 31.03.2025 Duly Reviewed By The Audit Committee](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aabefa6e-d28d-4807-8598-60a778aae6de.pdf) |
| 2025-02-12 | [Un-Audited Standalone Financial Results For The Quarter And Nine Months Ended On 31.12.2024 Duly Reviewed By The Audit Committee](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b8b6fd7f-4e61-4ea2-b30f-2291187a0c2f.pdf) |
| 2024-11-12 | [Un-Audited Standalone Financial Results For The Quarter And Half Year Ended On 30.09.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d99e7125-4589-434b-9e36-63b62525c56f.pdf) |
| 2024-08-09 | [Outcome Of Board Meeting Held On August 09, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fd57dd85-d185-4503-8eec-c8bae7d2bb7e.pdf) |
| 2024-05-30 | [Financial Results For The Quarter And Financial Year Ended On 31.03.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9e9999ab-6d5a-4ae1-b0d4-6ba8bc1d2be4.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018 for the quarter and year ended on March 31, 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018 for the quarter and year ended on March 31, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/98ef233f-75be-43e2-8bad-529fc81f431b.pdf) |
| 6 Apr - Babulal M Singhal resigns as CFO effective close of business on April 6, 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO) 6 Apr - Babulal M Singhal resigns as CFO effective close of business on April 6, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8ab6225c-7300-404b-87de-bbca16c983bd.pdf) |
| 30 Mar - Deed hypothecation: Rs150 crore Yes Bank working-capital loan executed 28/03/2026; secured by current assets, personal and corporate guarantees. | [Announcement Under Regulation 30 (LODR) Regulation 2015 30 Mar - Deed hypothecation: Rs150 crore Yes Bank working-capital loan executed 28/03/2026; secured by current assets, personal and corporate guarantees.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6fb48038-bd4a-4401-b5ea-b1e5e1cbbdf6.pdf) |
| 28 Mar - Approved Rs150 crore working capital facility from YES Bank; seeking shareholder approval for Rs2,000 crore limit. | [Board Meeting Outcome for Outcome Of Board Meeting Held On 28.03.2026 - Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 28 Mar - Approved Rs150 crore working capital facility from YES Bank; seeking shareholder approval for Rs2,000 crore limit.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/03d8fbc1-2674-492f-8b29-94a8cd692e10.pdf) |
| 26 Mar - Trading window closed Apr 01, 2026 until 48 hours after Q4/FY2026 results; board date to be intimated. | [Closure of Trading Window 26 Mar - Trading window closed Apr 01, 2026 until 48 hours after Q4/FY2026 results; board date to be intimated.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/25481e41-ceef-4633-a4c3-2283a1c1282d.pdf) |
| 21 Feb - Submission of Newspaper Clipping in compliance with Regulation 47 of SEBI (LODR) Regulation, 2015 for notice of Postal Ballot | [Announcement under Regulation 30 (LODR)-Newspaper Publication 21 Feb - Submission of Newspaper Clipping in compliance with Regulation 47 of SEBI (LODR) Regulation, 2015 for notice of Postal Ballot](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1646f768-1599-4e91-86ca-f40f46690a84.pdf) |
| 19 Feb - NSE and BSE fined Rs.4,40,000+GST (Rs.5,19,200) each for ICDR filing delay. | [Disclosure Under Regulation 30 Read With Para A Of Part A Of Schedule III Of SEBI (LODR) Regulations, 2015. 19 Feb - NSE and BSE fined Rs.4,40,000+GST (Rs.5,19,200) each for ICDR filing delay.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dbf10606-9b35-4f0b-8813-9ad4c6770497.pdf) |
| 18 Apr - Submission of Newspaper Advertisement in compliacne with Regulation 47 of the SEBI (LODR) Regulations, 2015 informing about completion of dispatch of Notice of the Postal … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 18 Apr - Submission of Newspaper Advertisement in compliacne with Regulation 47 of the SEBI (LODR) Regulations, 2015 informing about completion of dispatch of Notice of the Postal …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/00347edf-7453-4a12-b880-17179df45a17.pdf) |
| 17 Feb - Sree Metaliks converted 3,57,50,000 warrants acquiring 24.69% (35.75m shares) on Feb 17, 2026. | [Disclosure Under Regulation 29(2) Of SEBI (SAST) Regulation 2011 17 Feb - Sree Metaliks converted 3,57,50,000 warrants acquiring 24.69% (35.75m shares) on Feb 17, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0bbdca65-151d-4639-8b86-a48844a61f48.pdf) |
| 17 Apr - SAL Steel clarifies price movement; cites Sree Metaliks open offer and prior share allotments. | [Announcement Under Regulation 30(LODR)-Clarification Regarding Price Movement Of SAL Steel Limited Securities 17 Apr - SAL Steel clarifies price movement; cites Sree Metaliks open offer and prior share allotments.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/34f09f2f-5269-4b68-9dbd-5140de142c05.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2013 from nse](https://archives.nseindia.com/annual_reports/AR_1556_SALSTEEL_2012_2013_10092013122814.zip) |
| from nse | [Annual Report 2012 from nse](https://archives.nseindia.com/annual_reports/AR_SALSTEEL_2011_2012_18092012101123.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/79f028cf-0357-4556-b5e4-5b13a7eef802.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4b287f93-1ea7-48c7-af16-d9845863b8d5.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a665b43f-9e0a-4ab7-bee0-8792ea00388c.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532604/75653532604.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532604/71336532604.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532604/67752532604.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532604/5326040319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532604/5326040318.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:20:35.739Z.