Sal Steel Ltd Stock Price Today (NSE: SALSTEEL)
Fundamental Score
Sal Steel Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Sal Steel Ltd share price today is ₹57.31, down 3.70% on NSE/BSE as of 17 June 2026. Sal Steel Ltd (SALSTEEL) is a Small-cap company in the Sponge Iron sector with a market capitalisation of ₹400.50 (Cr). The 52-week high for SALSTEEL share price is ₹63.49 and the 52-week low is ₹14.37. The company has a Return on Equity (ROE) of -5.62% and a debt-to-equity ratio of 6.05.
Sal Steel Ltd Share Price Chart — NSE/BSE Historical Performance
Sal Steel Ltd share price chart: -1.66% return over the past month. 52-week high ₹63.49, 52-week low ₹14.37.
Sal Steel Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹53.60 | ₹56.83 | ₹52.22 | ₹56.83 | 1.12L (Cr) | |
| ₹56.21 | ₹56.99 | ₹53.60 | ₹54.13 | 1.05L (Cr) | |
| ₹56.51 | ₹59.90 | ₹55.56 | ₹56.21 | 54.48K (Cr) | |
| ₹55.71 | ₹59.00 | ₹55.11 | ₹58.31 | 1.70L (Cr) | |
| ₹60.51 | ₹61.90 | ₹57.50 | ₹58.01 | 1.08L (Cr) | |
| ₹62.43 | ₹62.48 | ₹59.05 | ₹60.34 | 2.41L (Cr) | |
| ₹63.00 | ₹63.00 | ₹60.11 | ₹61.82 | 1.20L (Cr) | |
| ₹61.05 | ₹63.49 | ₹59.05 | ₹61.12 | 1.96L (Cr) | |
| ₹58.91 | ₹60.89 | ₹56.70 | ₹60.51 | 1.34L (Cr) | |
| ₹57.36 | ₹59.90 | ₹56.38 | ₹58.91 | 71.19K (Cr) |
Sal Steel Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹58.91 | ₹63.49 | ₹52.22 | ₹56.83 | -3.53% | |
| ₹37.70 | ₹59.06 | ₹35.89 | ₹58.92 | +56.29% | |
| ₹47.49 | ₹47.92 | ₹33.65 | ₹36.80 | -22.51% | |
| ₹37.80 | ₹49.57 | ₹35.60 | ₹46.99 | +24.31% | |
| ₹44.24 | ₹45.12 | ₹37.00 | ₹38.88 | -12.12% | |
| ₹38.80 | ₹43.38 | ₹33.10 | ₹43.38 | +11.80% | |
| ₹39.30 | ₹44.23 | ₹38.51 | ₹40.79 | +3.79% | |
| ₹28.19 | ₹38.53 | ₹26.10 | ₹38.53 | +36.68% | |
| ₹17.93 | ₹36.50 | ₹17.76 | ₹28.20 | +57.28% | |
| ₹17.35 | ₹18.60 | ₹14.37 | ₹17.93 | +3.34% | |
| ₹17.22 | ₹18.75 | ₹15.15 | ₹17.22 | +0.00% | |
| ₹17.99 | ₹18.48 | ₹16.38 | ₹17.22 | -4.28% |
AI Research Briefing
Powered by Gemini · 2026-04-15
Momentum-fueled micro-cap with terrible financials; ride the wave but prepare to bail.
WHAT'S HAPPENING NOW
SAL Steel hit its upper circuit of 5.44% on April 13, 2026, closing at with buyers queuing up. Delivery volumes rose 43.35% compared to the 5-day average, reaching 1.38 lakh shares, signaling genuine buying conviction. CFO Babulal Singhal, who had resigned, terminated his resignation effective April 6th, 2026.
CORE STORY
This is a momentum micro-cap play fueled by technical strength, not fundamental value. Market is chasing a breakout, ignoring the weak balance sheet.
- Technical breakout
- Delivery volume surge
- Promoter stake increase
- Continued technical strength
- Positive news flow in the sponge iron sector
- Further promoter buying
- High debt/equity ratio of 6.05x
- Negative ROE of -5.62%
- 45.39% of promoter shares pledged
Promoter Sree Metaliks increased stake to 57.51% in Feb 2026, but FII and DII holdings are negligible.
India's sponge iron production is growing, but domestic demand lags, creating a supply-demand imbalance.
No. Free Cash Flow 5Y is ₹58.55 Cr, but recent profitability is weak.
Short-term momentum play driven by technical factors. Long-term outlook is bleak due to high debt and weak fundamentals.
Primary Thesis Risk
Debt-fueled collapse if momentum fades.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Sal Steel Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Sal Steel Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of SALSTEEL across key market metrics for learning purposes.
Positive Indicators
2 factors identified
Robust Profit Growth (6116.67%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Strong Cash Generation (₹58.55 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Risk Factors
8 factors identified
Below-Average Return on Equity (-5.62%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Suboptimal ROCE (7.05%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Margin Pressure Concerns (2.03%)
Observation: Operating margins are below industry standards.
Analysis: OPM <5% may indicate pricing pressures or cost management challenges.
Revenue Contraction (-46.79%)
Observation: Sales decline may indicate market challenges or competitive pressures.
Analysis: Negative revenue growth requires analysis of market conditions.
Elevated Debt Levels (D/E: 6.05)
Observation: High leverage increases financial risk and interest burden.
Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.
Weak Interest Coverage (0.44x)
Observation: Limited ability to service debt obligations from earnings.
Analysis: Low interest coverage raises concerns about financial stability.
High Share Pledging Risk (45.39%)
Observation: Significant promoter share pledging creates potential overhang.
Analysis: High pledging levels may create selling pressure during market downturns.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Sal Steel Ltd vs Sponge Iron Peers
Peer Comparison - Sponge Iron
Compare Sal Steel Ltd with 6 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Sal Steel LtdSal Steel Ltd...Selected✓ SALSTEEL • 532604 | 0/100 | ₹57.31₹57 | ₹400.50₹400.50 | — — | -5.62%Poor -5.62% Poor | 7.05%Poor 7.05% Poor | 6.05Poor 6.0 Poor | — — | 5.94%Good 5.94% Good | 0.00% |
KIOCL LimitedKIOCL Limited... KIOCL • 540680 | 30.6/100 | ₹416.10₹416 | ₹21414.17₹21414.17 | — — | -11.27%Poor -11.27% Poor | -9.48%Poor -9.48% Poor | 0.11Excellent 0.1 Excellent | — — | -21.15%Poor -21.15% Poor | 0.00% |
Vraj Iron & Steel LtdVraj Iron & Ste... VRAJ • 544204 | 38.7/100 | ₹118.48₹118 | ₹437.69₹437.69 | 13.03Average 13.0 Average | 14.76%Average 14.76% Average | 18.36%Good 18.36% Good | 0.06Excellent 0.1 Excellent | — — | — — | 0.00% |
36.7/100 | ₹124.25₹124 | ₹337.89₹337.89 | 318.76Average 318.8 Average | 10.29%Average 10.29% Average | 4.37%Poor 4.37% Poor | 4.59Poor 4.6 Poor | 21.53%Excellent 21.53% Excellent | 24.31%Excellent 24.31% Excellent | 0.00% | |
Vaswani Industries LtdVaswani Industr... VASWANI • 533576 | 30/100 | ₹54.00₹54 | ₹177.40₹177.40 | 13.68Average 13.7 Average | 8.48%Poor 8.48% Poor | 11.07%Average 11.07% Average | 1.75Average 1.8 Average | 44.24%Excellent 44.24% Excellent | 3.15%Average 3.15% Average | 0.00% |
Bihar Sponge Iron LtdBihar Sponge Ir... BIHSPONG • 500058 | 22.7/100 | ₹13.95₹14 | ₹111.41₹111.41 | 12.22Average 12.2 Average | — — | 11.38%Average 11.38% Average | — — | 60.51%Excellent 60.51% Excellent | — — | 0.00% |
SHKSILSMSHKSILSM... SHKSIL • | 34.4/100 | ₹41.25₹41 | ₹108.43₹108.43 | 11.97Average 12.0 Average | 13.34%Average 13.34% Average | 16.05%Good 16.05% Good | 0.19Excellent 0.2 Excellent | — — | — — | 0.00% |
Top Sponge Iron Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- KIOCL Limited share price21414.17 Cr
- Vraj Iron & Steel Ltd share price437.69 Cr
- CHAMAN METALLICS L share price337.89 Cr
- Vaswani Industries Ltd share price177.40 Cr
- Bihar Sponge Iron Ltd share price111.41 Cr
Sal Steel Ltd PE Ratio History
Historical price-to-earnings ratio for SALSTEEL — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2024 | ₹0.06 | ₹23.17 | 386.2x |
| FY 2023 | ₹0.42 | ₹24.30 | 57.9x |
| FY 2022 | ₹1.36 | ₹15.05 | 11.1x |
| FY 2021 | ₹1.36 | ₹12.25 | 9x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Sal Steel Ltd Quarterly Performance
Latest quarterly metrics for SALSTEEL — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
-46.79%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
6116.67%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
5.94%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
N/A
Compounded annual net profit growth over 5 years
Sal Steel Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for SALSTEEL — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Sal Steel Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Sal Steel Ltd (SALSTEEL) — sourced from NSE/BSE filings.
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Fetching financial data for Sal Steel Ltd
About SALSTEEL (Sal Steel Ltd)
Sal Steel Ltd is a prominent force in India's sponge iron industry, crafting a diverse range of products essential for steel production. The company meticulously transforms iron or...e into high-quality sponge iron, a crucial component in electric arc furnaces, utilizing advanced direct reduction technology. SALSTEEL's dedication to refining this process results in a product with exceptional purity and consistent metallurgical properties. Their commitment to quality extends to the production of iron ore pellets, further streamlining the steelmaking process for its customers. The company prides itself on providing reliable and cost-effective solutions, ensuring a steady supply of premium materials for the nation's steel manufacturers. Beyond sponge iron, SALSTEEL demonstrates a commitment to resource optimization and sustainable practices. The company actively engages in the production of finished steel products, diversifying its offerings and catering to a broader spectrum of customer needs. This vertically integrated approach enables SALSTEEL to maintain stringent quality control throughout the entire production chain, from raw materials to the final product. Moreover, the company prioritizes environmental responsibility by harnessing waste heat to generate power. This innovative approach not only reduces the company's carbon footprint but also provides a valuable source of energy, contributing to a more sustainable future for the steel industry. Established with a vision to contribute to India's industrial growth, SALSTEEL is headquartered in Gandhinagar, serving as a central hub for its manufacturing and distribution operations. The company's strategic location allows it to effectively serve key steelmaking regions across the country. By consistently investing in technology and infrastructure, SALSTEEL reinforces its position as a reliable partner for steel producers. Through its unwavering commitment to quality, sustainability, and innovation, the company continues to play a vital role in shaping the future of India's steel industry, providing essential materials and promoting responsible manufacturing practices.
Company Details
Key Leadership
SALSTEEL Share Price: Frequently Asked Questions
What is the current share price of Sal Steel Ltd?
Sal Steel Ltd (SALSTEEL) trades at ₹57.31 on NSE and BSE. Market cap ₹400.50 (Cr). Educational data only.
What is the P/E ratio of Sal Steel Ltd?
Sal Steel Ltd has a P/E of N/Ax vs industry average 13.03x.
What is the Bull Run score for Sal Steel Ltd?
Sal Steel Ltd has a Bull Run score of 0/100 based on 25+ financial parameters.
Does Sal Steel Ltd pay dividends?
Sal Steel Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.
What is the ROE of Sal Steel Ltd?
Sal Steel Ltd has ROE of -5.62%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Sal Steel Ltd?
Sal Steel Ltd has debt-to-equity of 6.05.
Is Sal Steel Ltd a good investment?
Bull Run gives Sal Steel Ltd a score of 0/100. This is not investment advice — consult a SEBI-registered advisor.