Shah Alloys Ltd
SHAH

Shah Alloys Ltd (SHAHALLOYS)

₹62.52.88%

Key Stats

₹58.1
Day's Price Range
₹63.75
₹24.25
52-Week Price Range
₹135.2
1 Month Return6.95 %
3 Month Return-24.54 %
1 Year Return130.98 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 13
1.52
EPS
Rank 47
₹39.77
BVPS
Rank 226
₹13.84
Dividend Yield
Rank 133
ROE
Rank 17
38.04%
Price To Book Ratio
Rank 158
4.38
Debt To Asset
Rank 35
1.17

Company Information

Incorporated in Nov.90 Shah Alloys went public in 1992. It was promoted by Rajendrabhai V Shah and Rajiniben R Shah. The company is engaged in the manufacture of mild steel stainless steel C T D bars S S flats and pattas and coldrolled sheets.The company came out with a public issue in Dec.92 to partfinance an expansion scheme and to meet longterm working capital requirements. The company has embarked on a Rs 6.53cr project to manufacture stainless steel and other alloy products financed by GIIC. It has put up a hot plate rolling mill at a cost of Rs 36.75 cr. The company received the Dhatu Nayak Award for best performance in the stainless steel industry.During 199899 the Company implemented the project of captive power plant having capacity of 20 MW. The project was financed through term loans and internal cash accruals.Also in 200001 the company has successfully commissioned Indias first 1800mm width Stainless Steel Slab Caster. The project of H R /S S Sheet /Coil was commissioned as per schedule. This project was financed through internal accruals and also by term loans from financial institutions/bankers. The companys going on diversification project of manufacturing of HR/SS Sheet/Coil was successfully implemented during 200102.During 200102 Shah Steel Industrial Gases Limited was amalgamated with the company and accordingly 20 equity shares of Shah alloys were issued and allotted to Shah Steel Industrial Gases Ltd pursuant to the scheme which provided for the company to issue shares in the ratio of one Equity Shares of the company for every 35 equity shares of Shah Steel Industrial Gases Ltd.
OrganisationShah Alloys Ltd
HeadquartersAhmedabad
IndustrySteel