Shah Alloys Limited (SHAHALLOYS) - Net Assets
Based on the latest financial reports, Shah Alloys Limited (SHAHALLOYS) has net assets worth Rs1.12 Billion INR (≈ $12.15 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs2.08 Billion ≈ $22.45 Million USD) and total liabilities (Rs952.60 Million ≈ $10.30 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check SHAHALLOYS strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.12 Billion |
| % of Total Assets | 54.12% |
| Annual Growth Rate | -2.51% |
| 5-Year Change | 310.08% |
| 10-Year Change | N/A |
| Growth Volatility | 112.17 |
Shah Alloys Limited - Net Assets Trend (2006–2026)
This chart illustrates how Shah Alloys Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Shah Alloys Limited market cap and net worth.
Annual Net Assets for Shah Alloys Limited (2006–2026)
The table below shows the annual net assets of Shah Alloys Limited from 2006 to 2026. Also explore how fast is Shah Alloys Limited growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs1.12 Billion ≈ $12.15 Million |
+1560.99% |
| 2025-03-31 | Rs-76.90 Million ≈ $-831.64K |
-168.39% |
| 2024-03-31 | Rs112.45 Million ≈ $1.22 Million |
-63.14% |
| 2023-03-31 | Rs305.10 Million ≈ $3.30 Million |
+11.36% |
| 2022-03-31 | Rs273.97 Million ≈ $2.96 Million |
+150.10% |
| 2021-03-31 | Rs-546.80 Million ≈ $-5.91 Million |
-204.82% |
| 2020-03-31 | Rs-179.39 Million ≈ $-1.94 Million |
+89.18% |
| 2019-03-31 | Rs-1.66 Billion ≈ $-17.93 Million |
+4.37% |
| 2018-03-31 | Rs-1.73 Billion ≈ $-18.75 Million |
+37.01% |
| 2017-03-31 | Rs-2.75 Billion ≈ $-29.77 Million |
+27.55% |
| 2016-03-31 | Rs-3.80 Billion ≈ $-41.08 Million |
+46.46% |
| 2015-03-31 | Rs-7.09 Billion ≈ $-76.73 Million |
-23.77% |
| 2014-03-31 | Rs-5.73 Billion ≈ $-61.99 Million |
-28.92% |
| 2013-03-31 | Rs-4.45 Billion ≈ $-48.08 Million |
-29.27% |
| 2012-03-31 | Rs-3.44 Billion ≈ $-37.20 Million |
-93.09% |
| 2011-03-31 | Rs-1.78 Billion ≈ $-19.26 Million |
-306.78% |
| 2010-03-31 | Rs-437.91 Million ≈ $-4.74 Million |
-321.75% |
| 2009-03-31 | Rs197.48 Million ≈ $2.14 Million |
-84.79% |
| 2008-03-31 | Rs1.30 Billion ≈ $14.04 Million |
-48.31% |
| 2007-03-31 | Rs2.51 Billion ≈ $27.17 Million |
+34.42% |
| 2006-03-31 | Rs1.87 Billion ≈ $20.21 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shah Alloys Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 473948600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs198.00 Million | 17.62% |
| Other Comprehensive Income | Rs925.60 Million | 82.38% |
| Other Components | Rs4.74 Billion | 421.81% |
| Total Equity | Rs1.12 Billion | 100.00% |
Shah Alloys Limited Competitors by Market Cap
The table below lists competitors of Shah Alloys Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IWG PLC
LSE:IWG
|
$19.81 Million |
|
Lantern Pharma Inc
NASDAQ:LTRN
|
$19.82 Million |
|
Haranga Resources Ltd
AU:HAR
|
$19.82 Million |
|
Parlem Telecom Companyia de Telecomunicacions S.A.
MC:PAR
|
$19.82 Million |
|
Thermal Energy International Inc.
V:TMG
|
$19.79 Million |
|
88 Energy Ltd
AU:88E
|
$19.78 Million |
|
Law Debenture Corp
LSE:LWDB
|
$19.77 Million |
|
Yayla Enerji Uretim Turizm ve
IS:YAYLA
|
$19.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shah Alloys Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from -76,900,000 to 1,123,600,000, a change of 1,200,500,000.
- Net income of 1,077,300,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 4,694,625,001.
- Other factors increased equity by 4,817,825,001.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.08 Billion | +95.88% |
| Other Comprehensive Income | Rs-4.69 Billion | -417.82% |
| Other Changes | Rs4.82 Billion | +428.78% |
| Total Change | Rs- | % |
Book Value vs Market Value Analysis
This analysis compares Shah Alloys Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.63x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.88x to 1.63x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs104.87 | Rs92.50 | x |
| 2007-03-31 | Rs123.62 | Rs92.50 | x |
| 2008-03-31 | Rs57.88 | Rs92.50 | x |
| 2009-03-31 | Rs8.80 | Rs92.50 | x |
| 2010-03-31 | Rs-19.52 | Rs92.50 | x |
| 2011-03-31 | Rs-89.98 | Rs92.50 | x |
| 2012-03-31 | Rs-173.73 | Rs92.50 | x |
| 2013-03-31 | Rs-224.59 | Rs92.50 | x |
| 2014-03-31 | Rs-289.54 | Rs92.50 | x |
| 2015-03-31 | Rs-358.36 | Rs92.50 | x |
| 2016-03-31 | Rs-191.88 | Rs92.50 | x |
| 2017-03-31 | Rs-139.02 | Rs92.50 | x |
| 2018-03-31 | Rs-87.57 | Rs92.50 | x |
| 2019-03-31 | Rs-83.74 | Rs92.50 | x |
| 2020-03-31 | Rs-9.06 | Rs92.50 | x |
| 2021-03-31 | Rs-27.62 | Rs92.50 | x |
| 2022-03-31 | Rs16.70 | Rs92.50 | x |
| 2023-03-31 | Rs15.41 | Rs92.50 | x |
| 2024-03-31 | Rs5.68 | Rs92.50 | x |
| 2025-03-31 | Rs-3.88 | Rs92.50 | x |
| 2026-03-31 | Rs56.76 | Rs92.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shah Alloys Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 95.88%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 273.63%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.85x
- Recent ROE (95.88%) is above the historical average (-25.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 18.60% | 4.19% | 1.01x | 4.41x | Rs160.65 Million |
| 2007 | 15.57% | 3.12% | 1.27x | 3.92x | Rs140.01 Million |
| 2008 | -92.75% | -13.34% | 1.05x | 6.61x | Rs-1.33 Billion |
| 2009 | -634.86% | -16.54% | 0.85x | 45.38x | Rs-1.27 Billion |
| 2010 | 0.00% | -7.75% | 0.81x | 0.00x | Rs-559.45 Million |
| 2011 | 0.00% | -17.25% | 0.79x | 0.00x | Rs-1.12 Billion |
| 2012 | 0.00% | -21.30% | 0.81x | 0.00x | Rs-1.27 Billion |
| 2013 | 0.00% | -17.22% | 0.64x | 0.00x | Rs-562.12 Million |
| 2014 | 0.00% | -30.68% | 0.48x | 0.00x | Rs-712.67 Million |
| 2015 | 0.00% | -51.72% | 0.35x | 0.00x | Rs-642.33 Million |
| 2016 | 0.00% | 46.34% | 0.42x | 0.00x | Rs1.59 Billion |
| 2017 | 0.00% | 11.48% | 0.50x | 0.00x | Rs632.83 Million |
| 2018 | 0.00% | 6.39% | 1.22x | 0.00x | Rs529.55 Million |
| 2019 | 0.00% | 1.32% | 1.10x | 0.00x | Rs241.07 Million |
| 2020 | 0.00% | -0.95% | 1.13x | 0.00x | Rs-28.60 Million |
| 2021 | 0.00% | -11.12% | 1.65x | 0.00x | Rs-503.28 Million |
| 2022 | 248.29% | 9.33% | 2.78x | 9.55x | Rs787.99 Million |
| 2023 | -14.72% | -0.72% | 2.08x | 9.86x | Rs-75.41 Million |
| 2024 | -165.84% | -3.15% | 2.30x | 22.88x | Rs-197.73 Million |
| 2025 | 0.00% | -7.40% | 1.37x | 0.00x | Rs-189.51 Million |
| 2026 | 95.88% | 273.63% | 0.19x | 1.85x | Rs964.94 Million |
Industry Comparison
This section compares Shah Alloys Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $2,232,802,929
- Average return on equity (ROE) among peers: 10.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shah Alloys Limited (SHAHALLOYS) | Rs1.12 Billion | 18.60% | 0.85x | $19.80 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $-100.86 Million | 0.00% | 0.00x | $2.64 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $3.68 Billion | 18.67% | 1.71x | $6.82 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $4.61 Billion | 15.96% | 1.74x | $525.87 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $-209.12 Million | 0.00% | 0.00x | $36.55 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $676.44 Million | 2.18% | 1.17x | $128.43 Million |
| Electrotherm (India) Limited (ELECTHERM) | $587.16 Million | 32.01% | 5.36x | $127.54 Million |
| Grand Foundry Limited (GFSTEELS) | $-64.92 Million | 0.00% | 0.00x | $8.37 Million |
| Goodluck India Limited (GOODLUCK) | $2.10 Billion | 15.61% | 2.20x | $185.93 Million |
| Godawari Power And Ispat limited (GPIL) | $4.56 Billion | 13.49% | 0.95x | $1.64 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $6.49 Billion | 11.66% | 0.88x | $121.54 Million |
About Shah Alloys Limited
Shah Alloys Limited engages in the manufacture and sale of stainless steel, alloy and special steel, carbon/mild steel, and armor steel products in India and internationally. The company also offers hot rolled coils, sheets, and plates; cold rolled coils and sheets; hot rolled round and flat bars; bright/peeled bars; angles; and beams. In addition, it provides chrome molybdenum, abrasion/wear res… Read more