71.58
+3.72%
Close of 9 Nov 2026, in INR
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About Shah Alloys
Its shares trade on NSE under the ticker SHAHALLOYS.NS. It has been listed since 23 November 1990. In the fiscal year to 31 March 2026, it reported revenue of ₹393.7m and net income of ₹1.08bn. At that date it held total assets of ₹2.08bn and shareholders' equity of ₹1.12bn.
Shah Alloys Ltd operates as a holding company. The company is headquartered in Gandhinagar, Gujarat. The firm is engaged in manufacturing a range of stainless steel, alloy and special steel, carbon/mild steel and armor steel in flat and long products. Its stainless-steel products consist of hot rolled coils, sheets and plates; cold rolled coils and sheets; hot-rolled round bars; bright round bars; hot-rolled flat bars; angles; beams, and others. Its alloy and special steel product range includes chrome molybdenum steel, abrasion/wear resistant steel, quenched and tempered steel, high tensile steel, corrosion-resistant steel, tool steel, pressure vessel steels, and other alloy steels. Its mild steel/carbon steel product range includes hot rolled coils, hot rolled sheet/plate, hot rolled round bars, flat bars, beams and angles. The firm's armor steel is used in vehicle armoring, observation posts, sentry boxes and main battle tanks (MBTs).
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 23 Nov 1990
- Website
- shahalloys.com ↗
Leadership
Pay as last reported
- Shri. Rajendra ShahNon-Executive Chairman of the Board
- Mr. Mayank ChadhaCompany Secretary, Compliance Officer
- Shri. Ashok SharmaWhole Time Director₹1.2m
- Mrs. Shefali PatelDirector
- Shri. Ambalal PatelAdditional Non-Executive Independent Director
- Shri. Harshad ShahNon-Executive Independent Director
- Shri. Dilip SinhaNon-Executive Independent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Shah Alloys Ltd manufactures stainless steel products including hot rolled coils and cold rolled sheets in Gandhinagar, India.
- The company produces alloy and special steel types like chrome molybdenum and corrosion-resistant steel for industrial applications.
- Shah Alloys Ltd supplies armor steel for main battle tanks and vehicle armoring in the Indian defense sector.
Weaknesses
- Shah Alloys Ltd's product range is limited to steel manufacturing without diversification into other materials sectors.
- The company's operations are concentrated in Gandhinagar, Gujarat, with no mention of international expansion.
- Shah Alloys Ltd has no listed presence in global markets beyond India's domestic steel industry.
Opportunities
- Shah Alloys Ltd can expand into the growing Indian defense sector for armor steel applications.
- The company may leverage India's infrastructure development for increased demand in stainless steel products.
- Shah Alloys Ltd could explore new markets in the Metals & Mining sector within India's industrial growth.
Threats
- Shah Alloys Ltd faces competition from other Indian steel manufacturers in the domestic market.
- The company's reliance on the Indian market exposes it to regional economic fluctuations.
- Shah Alloys Ltd may encounter supply chain disruptions affecting its steel production in Gujarat.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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