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S.A.L. Steel Limited (SALSTEEL) Fair Value & Analysis

Basic Materials · IN · Market cap ₹8.6B

SA S.A.L. Steel Limited SALSTEEL · NSE
Price₹56.50
Fair Value₹6.79
Upside-88.0%
Quality44/100
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Evidence: Low Range ₹5.06 – ₹10.13

Fair value as of: Jul 3, 2026

From 6 valuation models · updated today

Share price −9.1% over the past month.

Price vs Fair Value (12 months)

₹62.88 ₹15.14 Fair Value ₹6.79 Jul 2025 Jul 2026

12‑month range ₹15.14 – ₹62.88 · fair‑value band ₹5.06 – ₹10.13 · the ₹56.50 price screens above the ₹6.79 fair value. As of Jul 3, 2026.

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Analysis

S.A.L. Steel Limited (SALSTEEL) currently trades at ₹56.50, while our model-based Fair Value estimate is ₹6.79 — implying the stock looks roughly 88.0% overvalued today. We read business quality at 44/100 (below-average quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).

Over the trailing twelve months, S.A.L. Steel Limited generated revenue of ₹2.1B at a net margin of -0.2%. Revenue declined 89.7% year over year. It earns a return on equity of -0.4%. Net debt stands at ₹3.5B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹2.1B
Revenue growth (YoY) -89.7%
Net margin -0.2%
Return on equity -0.4%
Free cash flow −₹2.8B FY2026
Operating margin 36.0%
More key figures
EPS (TTM) ₹-0.0200
EPS growth (YoY) +5,278%
Net debt ₹3.5B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

S.A.L. Steel Limited engages in the manufacture and sale of sponge iron, ferro alloys in India. The company operates through Iron & Steel and Power segments. It also provides direct reduced iron, iron ore pellets, and finished steel products. In addition, the company generates and sells 40 MW power from waste heat recovery boiler and fluidized bed combustion boiler. S.A.L. Steel Limited was incorporated in 2003 and is based in Gandhinagar, India. S.A.L. Steel Limited operates as a subsidiary of Sree Metaliks Limited. As of December 26, 2025, S.A.L. Steel Limited operates as a subsidiary of Sree Metaliks Limited.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

S.A.L. Steel Limited reported revenue of ₹2.1B in FY2026 versus ₹5.1B in FY2022, a compound −19.9%/yr. Reported net income was −₹3.5M in FY2026.

Revenue −19.9%/yr
FY22 ₹5.1B
FY23 ₹5.0B
FY24 ₹5.8B
FY25 ₹5.4B
FY26 ₹2.1B
Net income
FY22 ₹115M
FY23 ₹35.5M
FY24 ₹4.7M
FY25 −₹64.3M
FY26 −₹3.5M

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Similar stocks

6 more Steel stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
Tata Steel Limited TTST $0.2140 $0.2500 +17%
Nucor Corporation NUE $250.49 $79.02 -68%
ArcelorMittal S.A ARMT34 R$163.20 R$15.38 -91%
JSW Steel Limited JSWSTEEL ₹1,284 ₹901.55 -30%
Baoshan Iron & Steel Co 600019 ¥5.75 ¥8.07 +40%
China Steel Corporation 2002A 38.25 TWD 9.37 TWD -76%

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Frequently asked questions

Is S.A.L. Steel Limited (SALSTEEL) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹6.79 versus a price of ₹56.50 — about −88% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SALSTEEL?
Our model-based fair value for S.A.L. Steel Limited is ₹6.79 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹56.50.
What is the quality score of SALSTEEL?
S.A.L. Steel Limited has a Quality Score of 44/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of S.A.L. Steel Limited (SALSTEEL)?
S.A.L. Steel Limited reported trailing-twelve-month revenue of about ₹2.1B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of SALSTEEL?
The net profit margin of S.A.L. Steel Limited is about -0.2%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.