SCAN Steels LTD.

Scan Steels Ltd. (SCANSTL) is a micro-cap Metals & Mining company valued at ₹293 crore operating in Iron & Steel on the NSE and BSE.

Recent price move

Scan Steels Ltd. last traded at ₹50, modestly up 0.04% on the day.

Recent developments

On 2026-06-30, the company reported its latest quarter results, showing a significant rise in net profit compared to the same quarter a year earlier. The company has not paid dividends despite reporting profits, which may indicate retention of earnings for reinvestment or other strategic reasons.

Financial performance

The company's annual revenue rose 6.2% to ₹838 crore, while annual net profit remained flat at ₹20 crore. The latest quarter saw revenue increase 11.2% year-over-year to ₹258 crore, and net profit jumped 30.0% to ₹13 crore, showing improvement in recent performance despite a narrowing net profit margin to 2.4% from 2.5%.

Valuation multiples

The stock trades at 14.8 times earnings, 0.79 times book value.

Things to watch

The company's revenue has declined over the past five years at a 2.7% annual rate, and its profit growth has slowed significantly in the last five years, falling by 8.4% annually. The net profit margin has narrowed by 0.1 percentage points, and the company has not distributed any dividends to shareholders despite reporting profits.

Where it stands

Scan Steels Ltd ended the latest quarter with revenue of ₹258 crore and net profit of ₹13 crore, marking a 30.0% increase in profit compared to the same quarter a year earlier. The company's net profit margin narrowed to 2.4%, and it has not paid dividends despite reporting profits, which may signal a focus on reinvestment rather than shareholder returns.

Summarised by DocStoX's model on 2026-09-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.