Scan Steels Ltd Stock Price Today (NSE: SCANSTL)
Fundamental Score
Scan Steels Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Scan Steels Ltd share price today is ₹38.48, up +2.64% on NSE/BSE as of 17 June 2026. Scan Steels Ltd (SCANSTL) is a Small-cap company in the Iron & Steel sector with a market capitalisation of ₹202.83 (Cr). The 52-week high for SCANSTL share price is ₹48.50 and the 52-week low is ₹24.40. At a P/E ratio of 10.91x, SCANSTL is currently trading below its industry average P/E of 21.88x. The company has a Return on Equity (ROE) of 4.76% and a debt-to-equity ratio of 0.23.
Scan Steels Ltd Share Price Chart — NSE/BSE Historical Performance
Scan Steels Ltd share price chart: -1.75% return over the past month. 52-week high ₹48.50, 52-week low ₹24.40.
Scan Steels Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹38.70 | ₹40.00 | ₹37.10 | ₹38.07 | 3.54K (Cr) | |
| ₹38.01 | ₹38.88 | ₹38.01 | ₹38.18 | 2.75K (Cr) | |
| ₹38.15 | ₹40.00 | ₹38.15 | ₹38.41 | 22.01K (Cr) | |
| ₹39.99 | ₹39.99 | ₹38.71 | ₹38.97 | 3.02K (Cr) | |
| ₹38.06 | ₹39.47 | ₹38.06 | ₹38.81 | 32.13K (Cr) | |
| ₹40.09 | ₹40.09 | ₹38.01 | ₹38.66 | 30.28K (Cr) | |
| ₹39.15 | ₹40.73 | ₹39.01 | ₹40.26 | 69.89K (Cr) | |
| ₹38.00 | ₹41.60 | ₹37.10 | ₹39.44 | 1.95L (Cr) | |
| ₹39.37 | ₹39.37 | ₹36.21 | ₹36.86 | 14.53K (Cr) | |
| ₹39.49 | ₹39.49 | ₹38.00 | ₹39.00 | 10.27K (Cr) |
Scan Steels Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹36.98 | ₹41.60 | ₹35.20 | ₹38.07 | +2.95% | |
| ₹31.00 | ₹40.00 | ₹28.10 | ₹35.47 | +14.42% | |
| ₹30.56 | ₹30.80 | ₹24.40 | ₹28.84 | -5.63% | |
| ₹30.01 | ₹33.39 | ₹29.61 | ₹30.94 | +3.10% | |
| ₹36.28 | ₹37.10 | ₹30.21 | ₹32.54 | -10.31% | |
| ₹35.59 | ₹37.84 | ₹30.01 | ₹36.28 | +1.94% | |
| ₹42.00 | ₹42.00 | ₹33.01 | ₹34.73 | -17.31% | |
| ₹36.93 | ₹48.50 | ₹36.93 | ₹43.92 | +18.93% | |
| ₹34.85 | ₹38.70 | ₹33.00 | ₹37.11 | +6.48% | |
| ₹36.98 | ₹37.00 | ₹30.01 | ₹34.97 | -5.44% | |
| ₹37.22 | ₹38.45 | ₹34.70 | ₹36.80 | -1.13% | |
| ₹37.62 | ₹37.82 | ₹36.00 | ₹36.49 | -3.00% |
AI Research Briefing
Powered by Gemini · 2026-04-09
Micro-cap steel turnaround play; operational execution is everything.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Scan Steels' stock has shown volatility. Markets Mojo upgraded the stock to 'Sell' on technical improvements despite flat financials. However, the stock price has fluctuated, with a recent price of on April 6, 2026.
CORE STORY (THE REAL GAME)
Scan Steels is being priced as a turnaround play, riding on potential operational improvements and a low valuation, rather than a high-growth steel company.
- Low valuation relative to peers
- Recent upgrade to 'Sell' suggests improving technicals
- Q3 profit jump indicates potential turnaround
- Successful integration of Bindals Sponge Industries acquisition
- Significant order wins
- Increase in steel prices
- Micro-cap liquidity risk
- High dependence on domestic market
- Volatility in raw material prices
FII and DII holdings are minimal (FII: 2.05%, DII: 0.0%), suggesting limited institutional interest.
Indian steel industry is projected to grow, with capacity expected to reach 300 million tonnes by 2030, but profitability remains under pressure due to fluctuating raw material costs.
No Free Cash Flow reported for the last 5 years.
Monitor operational improvements and raw material costs. Successful turnaround could lead to significant upside, but downside risks are substantial.
Primary Thesis Risk
Failure to execute operational improvements will lead to a sharp correction.
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
Scan Steels 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
Scan Steels Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of SCANSTL across key market metrics for learning purposes.
Positive Indicators
4 factors identified
Attractive Valuation (P/E: 10.91 vs Industry: 21.88)
Observation: Trading at discount to industry peers.
Analysis: P/E below industry average may present value opportunity.
Robust Profit Growth (122.62%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Conservative Debt Levels (D/E: 0.23)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
4 factors identified
Below-Average Return on Equity (4.76%)
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 (6.74%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Limited Institutional Interest (FII+DII: 2.05%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
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.
Scan Steels Ltd vs Iron & Steel Peers
Peer Comparison - Iron & Steel
Compare Scan Steels Ltd with 10 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 |
Scan Steels LtdScan Steels Ltd...Selected✓ SCANSTL • 511672 | 31.7/100 | ₹38.48₹38 | ₹202.83₹202.83 | 10.91Average 10.9 Average | 4.76%Poor 4.76% Poor | 6.74%Poor 6.74% Poor | 0.23Excellent 0.2 Excellent | — — | — — | 0.00% |
JSW Steel LtdJSW Steel Ltd... JSWSTEEL • 500228 | 28.5/100 | ₹1309.30₹1309 | ₹285677.60₹285677.60 | 46.73Average 46.7 Average | 4.94%Poor 4.94% Poor | 8.11%Poor 8.11% Poor | 1.22Average 1.2 Average | -3.34%Poor -3.34% Poor | 18.15%Excellent 18.15% Excellent | 0.24% |
Tata Steel LtdTata Steel Ltd... TATASTEEL • 500470 | 44.2/100 | ₹214.70₹215 | ₹210647.67₹210647.67 | 28.65Average 28.6 Average | 3.89%Poor 3.89% Poor | 8.83%Poor 8.83% Poor | 1.01Average 1.0 Average | 77.21%Excellent 77.21% Excellent | 9.34%Good 9.34% Good | 2.13% |
Jindal Steel & Power LtdJindal Steel & ... JINDALSTEL • 532286 | 33.8/100 | ₹1220.60₹1221 | ₹106895.00₹106895.00 | 29.72Average 29.7 Average | 7.68%Poor 7.68% Poor | 10.67%Average 10.67% Average | 0.39Excellent 0.4 Excellent | 117.13%Excellent 117.13% Excellent | 2.47%Average 2.47% Average | 0.19% |
Jindal Stainless LtdJindal Stainles... JSL • 532508 | 62.2/100 | ₹722.20₹722 | ₹62271.94₹62271.94 | 22.57Average 22.6 Average | 16.15%Good 16.15% Good | 18.16%Good 18.16% Good | 0.38Excellent 0.4 Excellent | 105.20%Excellent 105.20% Excellent | 24.87%Excellent 24.87% Excellent | 0.40% |
Steel Authority of India LimitedSteel Authority... SAIL • 500113 | 31.1/100 | ₹206.06₹206 | ₹55807.57₹55807.57 | 20.05Average 20.1 Average | 4.54%Poor 4.54% Poor | 6.76%Poor 6.76% Poor | 0.58Good 0.6 Good | -0.12%Poor -0.12% Poor | 10.69%Good 10.69% Good | 1.18% |
Sarda Energy & Minerals LtdSarda Energy & ... SARDAEN • 504614 | 67.8/100 | ₹521.55₹522 | ₹17636.72₹17636.72 | 16.59Average 16.6 Average | 13.44%Average 13.44% Average | 15.27%Good 15.27% Good | 0.38Excellent 0.4 Excellent | 39.67%Excellent 39.67% Excellent | 18.34%Excellent 18.34% Excellent | 0.30% |
Nmdc Steel LtdNmdc Steel Ltd... NSLNISP • 543768 | 30/100 | ₹46.01₹46 | ₹12302.69₹12302.69 | — — | -16.60%Poor -16.60% Poor | -12.97%Poor -12.97% Poor | 0.41Excellent 0.4 Excellent | — — | — — | 0.00% |
Jai Balaji Industries LtdJai Balaji Indu... JAIBALAJI • 532976 | 39.5/100 | ₹72.76₹73 | ₹6205.36₹6205.36 | 21.18Average 21.2 Average | 30.74%Excellent 30.74% Excellent | 36.08%Excellent 36.08% Excellent | 0.21Excellent 0.2 Excellent | 48.19%Excellent 48.19% Excellent | 16.87%Excellent 16.87% Excellent | 0.00% |
Prakash Industries LtdPrakash Industr... PRAKASH • 506022 | 44.5/100 | ₹152.28₹152 | ₹2419.01₹2419.01 | 7.39Average 7.4 Average | 11.15%Average 11.15% Average | 11.24%Average 11.24% Average | 0.10Excellent 0.1 Excellent | 24.52%Excellent 24.52% Excellent | 6.19%Good 6.19% Good | 1.11% |
Mukand LtdMukand Ltd... MUKANDLTD • 500460 | 31.2/100 | ₹139.90₹140 | ₹1932.62₹1932.62 | 29.85Average 29.9 Average | 7.84%Poor 7.84% Poor | 9.91%Poor 9.91% Poor | 1.89Average 1.9 Average | 17.98%Excellent 17.98% Excellent | 10.84%Good 10.84% Good | 1.50% |
Top Iron & Steel Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- JSW Steel Ltd share price285677.60 Cr
- Tata Steel Ltd share price210647.67 Cr
- Jindal Steel & Power Ltd share price106895.00 Cr
- Jindal Stainless Ltd share price62271.94 Cr
- Steel Authority of India Limited share price55807.57 Cr
Scan Steels Ltd PE Ratio History
Historical price-to-earnings ratio for SCANSTL — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹3.69 | ₹36.28 | 9.8x |
| FY 2024 | ₹4.00 | ₹46.75 | 11.7x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Scan Steels Ltd Quarterly Performance
Latest quarterly metrics for SCANSTL — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
-4.99%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
122.62%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
N/A
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
N/A
Compounded annual net profit growth over 5 years
Scan Steels Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for SCANSTL — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Scan Steels Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Scan Steels Ltd (SCANSTL) — sourced from NSE/BSE filings.
Loading Financial Statements...
Fetching financial data for Scan Steels Ltd
About SCANSTL (Scan Steels Ltd)
Scan Steels Ltd. is a crucible of innovation and steadfast quality nestled in the heart of Bhubaneswar, India, forging a legacy of excellence in the iron and steel industry. With a... tangible commitment to national infrastructure, SCANSTL meticulously crafts a diversified portfolio of steel products, catering to a broad spectrum of construction and manufacturing demands. Their state-of-the-art facilities enable them to transform raw materials into high-grade steel, reflecting a blend of tradition and technology in every bar, rod, and sheet. Driven by a vision of sustainable growth, they constantly strive to minimize environmental impact while maximizing product performance, solidifying their position as a responsible and reliable partner in India's industrial advancement. SCANSTL's product range showcases their technical prowess and responsiveness to evolving market needs. Renowned for their SHRISHTII TMT bars, they offer exceptional strength and ductility crucial for modern construction projects. Complementing this core product, their SHRISHTII ROOFING brand provides durable and aesthetically pleasing PVC coated sheets, ideally suited for diverse roofing solutions. Furthermore, their production of sponge iron, MS billets, and ingots forms the foundation for countless applications, highlighting their versatility and adaptability. By also providing structural components, such as angles, channels and square bars, they demonstrate their total commitment to providing comprehensive solutions to the construction industry. SCANSTL's dedication extends beyond mere manufacturing; they are committed to environmental responsibility and community engagement. Their focus on sustainable practices is underscored by their utilization of fly ash, a byproduct of industrial processes, in the creation of durable and eco-friendly bricks. This conscious decision exemplifies their commitment to minimizing waste and promoting resource efficiency. SCANSTL fosters enduring relationships with its stakeholders, demonstrating a deep understanding of their needs and collaborating closely to provide tailored solutions. With a strong focus on quality control and customer satisfaction, Scan Steels Ltd continues to build a solid foundation for sustained growth and a valuable contribution to India's industrial landscape.
Company Details
Key Leadership
SCANSTL Share Price: Frequently Asked Questions
What is the current share price of Scan Steels Ltd?
Scan Steels Ltd (SCANSTL) trades at ₹38.48 on NSE and BSE. Market cap ₹202.83 (Cr). Educational data only.
What is the P/E ratio of Scan Steels Ltd?
Scan Steels Ltd has a P/E of 10.91x vs industry average 21.88x.
What is the Bull Run score for Scan Steels Ltd?
Scan Steels Ltd has a Bull Run score of 31.7/100 based on 25+ financial parameters.
Does Scan Steels Ltd pay dividends?
Scan Steels Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.
What is the ROE of Scan Steels Ltd?
Scan Steels Ltd has ROE of 4.76%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Scan Steels Ltd?
Scan Steels Ltd has debt-to-equity of 0.23.
Is Scan Steels Ltd a good investment?
Bull Run gives Scan Steels Ltd a score of 31.7/100. This is not investment advice — consult a SEBI-registered advisor.