SCANSTL
Scan Steels financials
- Market cap
- ₹348 Cr
- Sector
- Metals & Mining
Quarterly results
Q1 FY27: revenue up 11.2%, net profit up 30.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 140 | 175 | 241 | 232 | 133 −5% | 192 +10% | 282 +17% | 258 +11% |
| EBITDA | 2 | 10 | 9 | 19 | 6 +200% | 10 +0% | 14 +56% | 23 +21% |
| Net profit | -1 | 3 | 5 | 10 | 0 +100% | 3 +0% | 8 +60% | 13 +30% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +63.8% 1Y
1Y: ₹34.39 on 10 Sept 2025 → ₹56.34. High ₹65.54 (5 Aug 2026), low ₹25.49 (27 Mar 2026).
Financials, as filed
Revenue fell 6.8% a year over 2 years, FY24 to FY26. Operating margin widened to 5.8%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹965 Cr | ₹790 Cr | ₹839 Cr |
| Operating profit | ₹48 Cr | ₹45 Cr | ₹49 Cr |
| Operating margin | 5.0% | 5.7% | 5.8% |
| Interest | ₹10 Cr | ₹8 Cr | ₹8 Cr |
| Depreciation | ₹16 Cr | ₹16 Cr | ₹16 Cr |
| Net profit | ₹21 Cr | ₹22 Cr | ₹21 Cr |
| Net margin | 2.2% | 2.8% | 2.5% |
| Cash from operations | ₹82 Cr | ₹7 Cr | ₹37 Cr |
| Free cash flow | ₹69 Cr | ₹-12 Cr | ₹13 Cr |
| ROCE | 7.0% | 7.0% | 7.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹52 Cr | ₹52 Cr | ₹52 Cr | ₹52 Cr | ₹59 Cr | ₹59 Cr |
| Reserves | ₹248 Cr | ₹298 Cr | ₹314 Cr | ₹344 Cr | ₹375 Cr | ₹390 Cr |
| Borrowings | ₹96 Cr | ₹106 Cr | ₹112 Cr | ₹125 Cr | ₹102 Cr | ₹72 Cr |
| Other liabilities | ₹78 Cr | ₹82 Cr | ₹87 Cr | ₹86 Cr | ₹72 Cr | ₹89 Cr |
| Total liabilities | ₹474 Cr | ₹539 Cr | ₹566 Cr | ₹608 Cr | ₹607 Cr | ₹609 Cr |
| Fixed assets | ₹269 Cr | ₹260 Cr | ₹281 Cr | ₹279 Cr | ₹259 Cr | ₹251 Cr |
| Capital work in progress | ₹0 Cr | ₹5 Cr | ₹2 Cr | ₹1 Cr | ₹36 Cr | ₹41 Cr |
| Investments | ₹0 Cr | ₹8 Cr | ₹13 Cr | ₹29 Cr | ₹28 Cr | ₹45 Cr |
| Other assets | ₹204 Cr | ₹266 Cr | ₹269 Cr | ₹299 Cr | ₹285 Cr | ₹271 Cr |
| Total assets | ₹474 Cr | ₹539 Cr | ₹566 Cr | ₹608 Cr | ₹607 Cr | ₹609 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters added +0.53 pp while the public trimmed −0.46 pp. The shareholder count shrank 3% to 11,578.
- Promoters
- 49.3%
- FIIs
- 2.0%
- Public
- 48.7%
Since Jun 2025
- Promoters +0.53 pp
- Public −0.46 pp
- FIIs −0.07 pp
How it drifted, 12 quarters
Over this window the public fell from 51.9% to 48.7% — −3.2 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 48.1%, Public 51.9%.Dec '23: Promoters 48.1%, Public 51.9%.Mar '24: Promoters 48.1%, Public 51.9%.Jun '24: Promoters 48.1%, Public 51.9%.Sep '24: Promoters 48.1%, Public 51.9%.Dec '24: Promoters 48.8%, FIIs 2.0%, Public 49.2%.Mar '25: Promoters 48.8%, FIIs 2.0%, Public 49.2%.Jun '25: Promoters 48.8%, FIIs 2.0%, Public 49.2%.Sep '25: Promoters 48.8%, FIIs 2.0%, Public 49.2%.Dec '25: Promoters 48.8%, FIIs 2.0%, Public 49.2%.Mar '26: Promoters 48.9%, FIIs 2.0%, Public 49.1%.Jun '26: Promoters 49.3%, FIIs 2.0%, Public 48.7%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Badnoobs Technology Private Limited newly disclosed 3.79% held
- Bayanwala Brothers Pvt Limited +1.39 pp 16.36% held
- Ascon Merchandise Pvt Ltd +0.68 pp 4.30% held
- Gopikar Supply Pvt Ltd +0.61 pp 6.46% held
The same filing shows 7 holders trimming and 4 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Scan Steels Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Bayanwala Brothers Pvt Limited | 16.36% | +1.39 pp |
| Artline Commerce Private Limited | 16.09% | −0.36 pp |
| Rajesh Gadodia | 8.99% | −0.33 pp |
| Archana Gadodia | 7.85% | −0.29 pp |
| Gopikar Supply Pvt Ltd | 6.46% | +0.61 pp |
| Ascon Merchandise Pvt Ltd | 4.30% | +0.68 pp |
| Badnoobs Technology Private Limited | 3.79% | newly disclosed |
| Gyaana Retreat & Services Private Limited | 2.30% | −0.09 pp |
| Success Merchants Private Limited | 2.17% | −0.08 pp |
| Genesis Grand General Trading L.L.C Corporate | 1.98% | −0.07 pp |
| Decent Vincom Private Limited | 1.96% | −0.07 pp |
| Saraswati Devi Gadodia | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Scan Steels Limited
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