Shah Alloys' Q2 FY 2025-26 Quarterly Results

Result Summary

• Shah Alloys Ltd reported a 87.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 95.5%.
• Its expenses for the quarter were down by 75.5% QoQ and 91.2% YoY.
• The net profit decreased 338.4% QoQ and decreased 315.2% YoY.
• The earnings per share (EPS) of Shah Alloys Ltd stood at 6.93 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Shah Alloys Ltd is a company operating within the steel manufacturing industry. The company specializes in the production of stainless steel, alloy steel, and other specialty steel products. These products are essential components in various industries, including construction, automotive, and industrial machinery. Shah Alloys Ltd is known for its integrated steel production facility, which allows it to manage the entire production process from raw material procurement to the finished product. However, no specific recent major developments regarding the company's operations or strategic initiatives are available from the provided data.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Shah Alloys Ltd reported a total income of ₹2.96 crores. This represents a substantial decrease in revenue compared to the previous quarter (Q1FY26), where the company recorded a total income of ₹23.64 crores, marking an 87.5% quarter-over-quarter (QoQ) decline. Additionally, compared to the same quarter in the previous year (Q2FY25), the total income decreased significantly by 95.5% from ₹66.36 crores. These figures indicate substantial changes in revenue performance over both quarter-over-quarter and year-over-year (YoY) periods.

Profitability

The financial data for Q2FY26 shows that Shah Alloys Ltd achieved a Profit Before Tax (PBT) of ₹13.33 crores, a significant turnaround from the loss of ₹3.10 crores reported in Q1FY26. This represents a remarkable 530.0% improvement on a QoQ basis. Compared to Q2FY25, when the company reported a PBT loss of ₹8.44 crores, there is a notable YoY improvement of 257.9%. The Profit After Tax (PAT) for Q2FY26 was ₹13.73 crores, compared to a loss of ₹5.76 crores in the previous quarter, reflecting a significant QoQ improvement of 338.4%. On a YoY basis, the PAT improved by 315.2% from a loss of ₹6.38 crores in Q2FY25. The Earnings Per Share (EPS) also improved significantly to ₹6.93 in Q2FY26, from negative values in both Q1FY26 and Q2FY25, indicating substantial shifts in profitability metrics over the periods.

Operating Metrics

In the second quarter of FY26, Shah Alloys Ltd reported total expenses amounting to ₹6.55 crores, which is a 75.5% reduction from the previous quarter's expenses of ₹26.74 crores. Compared to Q2FY25, the total expenses decreased by 91.2% from ₹74.80 crores. This data reflects a considerable decline in the company's operating costs over both QoQ and YoY periods. The tax expense for Q2FY26 was ₹0.92 crores, compared to a tax credit of ₹0.78 crores in Q1FY26, reflecting a change of 217.9% QoQ. Year-over-year, the tax expense increased by 145.3% from a credit of ₹2.03 crores in Q2FY25. These operating metrics showcase significant variations in expense management and tax obligations for Shah Alloys Ltd across the analyzed periods.