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Scan Steels Overview

Scan Steels Ltd is a renowned company in the steel industry that specializes in the manufacturing and distribution of high-quality steel products. With a strong presence in the market, Scan Steels has established itself as a trusted brand for its customers. The company offers a diverse range of steel products, including bars, rods, pipes, and structural steel, catering to various industries such as construction, infrastructure, and manufacturing. With a commitment to excellence, Scan Steels ensures that its products meet stringent quality stand...Read More

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Scan Steels Key Financials

Market Cap ₹185 Cr.

Stock P/E 8.5

P/B 0.4

Current Price ₹31.5

Book Value ₹ 74.6

Face Value 10

52W High ₹48.5

Dividend Yield 0%

52W Low ₹ 28

Scan Steels Share Price

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Volume
Price

Scan Steels Quarterly Price

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Scan Steels Peer Comparison

Scan Steels Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 262 219 257 234 140 175 241 232 133 192
Other Income 0 0 1 2 1 0 1 0 0 -0
Total Income 262 220 258 235 141 175 243 232 133 192
Total Expenditure 251 211 241 209 138 165 232 213 127 181
Operating Profit 11 9 17 26 4 10 10 19 6 10
Interest 2 3 2 2 2 2 2 2 2 2
Depreciation 4 4 4 4 4 4 4 4 4 4
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 5 2 11 20 -2 4 4 13 -0 4
Provision for Tax 2 1 3 5 -1 1 1 3 -0 1
Profit After Tax 3 2 8 15 -1 3 4 10 -0 3
Adjustments 0 0 3 -0 1 0 1 0 0 0
Profit After Adjustments 3 2 11 15 -1 3 5 10 0 3
Adjusted Earnings Per Share 0.6 0.3 2.2 2.8 -0.2 0.5 0.8 1.8 0 0.6

Scan Steels Profit & Loss

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 1091 965 789 798
Other Income 6 2 5 1
Total Income 1097 967 794 800
Total Expenditure 1042 917 743 753
Operating Profit 55 50 50 45
Interest 20 10 9 8
Depreciation 13 15 16 16
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 22 27 28 21
Provision for Tax 7 6 6 5
Profit After Tax 15 21 22 17
Adjustments 0 0 0 1
Profit After Adjustments 15 21 22 18
Adjusted Earnings Per Share 2.9 4 3.7 3.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -18% 0% 0% 0%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 5% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -24% -2% 10% 5%
ROE Average 5% 5% 5% 5%
ROCE Average 7% 8% 8% 8%

Scan Steels Balance Sheet

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 366 403 423
Minority's Interest 0 0 0
Borrowings 40 6 0
Other Non-Current Liabilities 35 35 35
Total Current Liabilities 125 165 122
Total Liabilities 566 608 579
Fixed Assets 281 279 264
Other Non-Current Assets 52 71 91
Total Current Assets 233 258 225
Total Assets 566 608 579

Scan Steels Cash Flow

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 22 10 32
Cash Flow from Operating Activities 53 82 7
Cash Flow from Investing Activities -32 -30 -15
Cash Flow from Financing Activities -33 -30 -14
Net Cash Inflow / Outflow -12 22 -22
Closing Cash & Cash Equivalent 10 32 10

Scan Steels Ratios

# Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.93 4.02 3.69
CEPS(Rs) 5.46 6.96 6.37
DPS(Rs) 0 0 0
Book NAV/Share(Rs) 69.91 75.77 72.18
Core EBITDA Margin(%) 4.49 4.97 5.8
EBIT Margin(%) 3.82 3.93 4.65
Pre Tax Margin(%) 2.02 2.85 3.57
PAT Margin (%) 1.4 2.18 2.74
Cash Profit Margin (%) 2.62 3.78 4.73
ROA(%) 2.71 3.59 3.65
ROE(%) 4.19 5.52 5.28
ROCE(%) 8.72 7.59 7.3
Receivable days 14.28 12.8 8.33
Inventory Days 53.1 63.18 79.36
Payable days 6.62 5.27 3.98
PER(x) 9.46 15.47 9.22
Price/Book(x) 0.4 0.82 0.47
Dividend Yield(%) 0 0 0
EV/Net Sales(x) 0.23 0.43 0.32
EV/Core EBITDA(x) 4.5 8.38 5
Net Sales Growth(%) 0 -11.49 -18.25
EBIT Growth(%) 0 -9.02 -3.18
PAT Growth(%) 0 37.44 2.84
EPS Growth(%) 0 37.44 -8.13
Debt/Equity(x) 0.31 0.3 0.15
Current Ratio(x) 1.86 1.56 1.85
Quick Ratio(x) 0.59 0.5 0.47
Interest Cover(x) 2.12 3.63 4.27
Total Debt/Mcap(x) 0.77 0.37 0.31

Scan Steels Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 48.11 48.11 48.11 48.11 48.11 48.76 48.76 48.76 48.76 48.76
FII 0 0 0 0 0 2.05 2.05 2.05 2.05 2.05
DII 0 0 0 0 0 0 0 0 0 0
Public 51.89 51.89 51.89 51.89 51.89 49.19 49.19 49.19 49.19 49.19
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Scan Steels News

Scan Steels Pros & Cons

Pros

  • Stock is trading at 0.4 times its book value
  • Debtor days have improved from 5.27 to 3.98days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 48.76%.
  • Company has a low return on equity of 5% over the last 3 years.
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