S A L Steel Limited

BSE: 532604 NSE: BE : SALSTEEL
S A L Steel Limited - metals and minerals in Ahmedabad0, Gujarat, India. FY 2026 financials and compliance.
CIN L29199GJ2003PLC043148 Incorporated 06 November 2003 ROC Ahmedabad HQ Ahmedabad0, Gujarat, India
Active Listed - NSE: BE : SALSTEEL · BSE: 532604 Public Limited Company metals and minerals
Data last updated
Revenue · FY 2026
₹207.4 Cr
▼ 61.88% YoY
EBITDA · FY 2026
₹14.69 Cr
▼ 39.02% YoY
Net profit · FY 2026
-₹35 Lakh
▲ 94.56% YoY
Authorised capital
₹145 Cr
Registered with MCA
Paid-up capital
₹104.22 Cr
Issued & subscribed
Open charges
₹175.9 Cr
Satisfied ₹450.98 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
343
Latest available

About S A L Steel Limited

Data last updated: 22 December 2025

S A L Steel Limited is a public limited company based in Ahmedabad0, Gujarat, India. It specialises in steel manufacturing and processing, a part of the broader metals and mining sector. Incorporated on 06 November 2003, the company has been in operation for over 23 years.

Registered with ROC Ahmedabad under CIN L29199GJ2003PLC043148. Listed on BSE: 532604 and NSE: BE : SALSTEEL.

Capital: an authorised share capital of ₹145 Cr and a paid-up capital of ₹104.22 Cr. Formerly known as S a L Steel Private Limited. It is led by directors including Mahesh Kumar Agarwal and Babulal Madanlal Singhal.

Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: 5/1 Shreeji House 5Th Floorb/H M J Library Ashram Road, Ahmedabad0, Gujarat, India – 380006.

As per the financials filed for FY 2025, the company reported a revenue of ₹544.98 Cr, a decline of 6% compared to the previous year.

The company has a workforce of approximately 343 employees as per the latest available data.

The company is associated with 1 brand - Sal Steel. As per MCA filings, the company has open charges of ₹175.9 Cr and satisfied charges of ₹450.98 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website salsteel.co.in.

Company Details of S A L Steel Limited
CIN L29199GJ2003PLC043148
Registration Number 043148
Incorporation Date 06 November 2003
ROC Ahmedabad
Listing Status Listed (BSE: 532604, NSE: BE : SALSTEEL)
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Babulal Madanlal Singhal Whole-Time Director Mahesh Kumar Agarwal Additional Director Mitesh Vasantbhai Jariwala Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
    salsteel.co.in
  • Social Media
    **************
  • Registered Address
    5/1 Shreeji House 5Th Floorb/H M J Library Ashram Road, Ahmedabad0, Gujarat, India – 380006
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing
Company report
S A L Steel Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for S A L Steel Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of S A L Steel Limited

S A L Steel Limited has one previous CIN (Corporate Identification Number): U29199GJ2003PLC043148. The current CIN is L29199GJ2003PLC043148, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L29199GJ2003PLC043148 Current
U29199GJ2003PLC043148 Previous

Associated Brands with S A L Steel Limited

S A L Steel Limited operates one associated brand: SAL Steel. These brands represent S A L Steel Limited's diversified market presence and brand portfolio.

Brand Description Website
SAL Steel
Steel, steel products, and ferro alloys are manufactured. salsteel.co.in

Business Activity of S A L Steel Limited

S A L Steel Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C7 Metal and metal products *********

Auditor Details of S A L Steel Limited

S A L Steel Limited is audited by Parikh & Majmudar for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Parikh & Majmudar blur-value blur-value blur-value

Board of Directors of S A L Steel Limited

S A L Steel Limited is currently managed by 8 directors, with 31 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Mahesh Kumar Agarwal
Also directs: Sree Metaliks Ltd., Lawrence Merchants Pvt Ltd, Thanwas Commercial Private Limited
Additional Director 23 Dec 2025 0 Years 6 Months Current
Babulal Madanlal Singhal Whole-Time Director 16 May 2006 20 Years 1 Months Current
Mitesh Vasantbhai Jariwala
Also directs: Shah Alloys Limited, Cengres Tiles Limited, Aarem Insights Private Limited
Director 24 Feb 2024 2 Years 4 Months Current
Bipinbhai Amulakhbhai Gosalia
Also directs: Shah Alloys Limited
Director 24 Feb 2024 2 Years 4 Months Current
Nipa Jairaj Shah
Also directs: Shah Alloys Limited
Director 12 Nov 2024 1 Years 7 Months Current
Showing 6 of 8 current directors. View all directors

Financials of S A L Steel Limited FY 2026 filings available

S A L Steel Limited reported revenue of ₹207.4 Cr (down 61.88% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹207.4 Cr ▼ 61.88%
Profit · FY 2026
-₹35 Lakh ▲ 94.56%
EBITDA · FY 2026
₹14.69 Cr ▼ 39.02%
Revenue₹ Cr · Standalone0200400600FY 2020: ₹408 Cr408FY 2020FY 2021: ₹301 Cr · -26.2% YoY301-26.2%FY 2021FY 2022: ₹505 Cr · +67.9% YoY505+67.9%FY 2022FY 2023: ₹496 Cr · -1.9% YoY496-1.9%FY 2023FY 2025: ₹544 Cr · +9.8% YoY544+9.8%FY 2025FY 2026: ₹207 Cr · -61.9% YoY207-61.9%FY 2026
Net Profit₹ Cr · Standalone-1001020FY 2020: ₹16 Cr15.9FY 2020FY 2021: ₹12 Cr · -27.2% YoY11.6-27.2%FY 2021FY 2022: ₹12 Cr · -0.1% YoY11.6-0.1%FY 2022FY 2023: ₹4 Cr · -69.4% YoY3.5-69.4%FY 2023FY 2025: ₹6 Cr (loss) · -281.6% YoY-6.4FY 2025FY 2026: ₹0 Cr (loss) · +94.6% YoY-0.4FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0100200Q1'25: ₹111 Cr · +3.9% YoY111+3.9%Q1'25Q2'25: ₹123 Cr · -19.4% YoY123-19.4%Q2'25Q3'25: ₹194 Cr · +23.3% YoY194+23.3%Q3'25Q4'25: ₹116 Cr · -8.3% YoY116-8.3%Q4'25Q1'26: ₹128 Cr · +15.2% YoY128+15.2%Q1'26Q2'26: ₹66 Cr · -46.8% YoY65.7-46.8%Q2'26Q3'26: ₹2 Cr · -98.9% YoY2.2-98.9%Q3'26Q4'26: ₹12 Cr · -89.7% YoY11.9-89.7%Q4'26
Metrics FY 2026 FY 2025 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹207.4 Cr ₹544.12 Cr ₹495.73 Cr ₹505.27 Cr ₹300.91 Cr ₹407.84 Cr
Other Income ₹17 Lakh ₹87 Lakh ₹14.4 Cr ₹29.26 Cr ₹21.96 Cr ₹44.3 Cr
Total Income ₹207.57 Cr ₹544.99 Cr ₹510.13 Cr ₹534.53 Cr ₹322.87 Cr ₹452.14 Cr
Cost of Materials Consumed ₹198.89 Cr ₹467.74 Cr ₹375.91 Cr ₹378.78 Cr ₹212.81 Cr ₹317.96 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹89 Lakh ₹4.65 Cr
Changes in Inventories -₹41.95 Cr -₹17.28 Cr -₹3.45 Cr -₹3.29 Cr -₹5.11 Cr ₹3.78 Cr
Employee Benefit Expense ₹7 Cr ₹12.1 Cr ₹18.73 Cr ₹17.11 Cr ₹15.4 Cr ₹10.09 Cr
Finance Costs ₹20.31 Cr ₹16.67 Cr ₹7.82 Cr ₹19 Lakh ₹24 Lakh ₹1.51 Cr
Depreciation & Amortisation ₹10.86 Cr ₹10.57 Cr ₹9.54 Cr ₹9.16 Cr ₹9.02 Cr ₹7.52 Cr
Other Expenses ₹28.94 Cr ₹58.34 Cr ₹96.06 Cr ₹116.33 Cr ₹77.2 Cr ₹89.56 Cr
Total Expenses ₹224.05 Cr ₹548.14 Cr ₹504.61 Cr ₹518.28 Cr ₹310.45 Cr ₹435.07 Cr
Profit Before Exceptional Items & Tax -₹16.48 Cr -₹3.15 Cr ₹5.52 Cr ₹16.25 Cr ₹12.42 Cr ₹17.07 Cr
Exceptional Items ₹16.09 Cr -₹4.16 Cr ₹0 ₹0 ₹0 ₹0
Profit Before Tax -₹39 Lakh -₹7.31 Cr ₹5.52 Cr ₹16.25 Cr ₹12.42 Cr ₹17.07 Cr
Total Tax Expense -₹4 Lakh -₹88 Lakh ₹1.98 Cr ₹4.7 Cr ₹86 Lakh ₹1.19 Cr
Net Profit -₹35 Lakh -₹6.43 Cr ₹3.54 Cr ₹11.55 Cr ₹11.56 Cr ₹15.88 Cr
Other Comprehensive Income ₹25 Lakh ₹12 Lakh ₹15 Lakh ₹13 Lakh ₹6 Lakh -₹6 Lakh
Total Comprehensive Income -₹10 Lakh -₹6.31 Cr ₹3.69 Cr ₹11.68 Cr ₹11.62 Cr ₹15.82 Cr
EBITDA (computed) ₹14.69 Cr ₹24.09 Cr ₹22.88 Cr ₹25.6 Cr ₹21.68 Cr ₹26.1 Cr
Basic EPS ₹-0.04 ₹-0.76 ₹0.42 ₹1.36 ₹1.36 ₹1.87
Diluted EPS ₹-0.04 ₹-0.76 ₹0.42 ₹1.36 ₹1.36 ₹1.87
Metrics FY 2026 FY 2025 FY 2023
Total Assets ₹621.47 Cr ₹338.45 Cr ₹276.74 Cr
Non-current Assets ₹327.2 Cr ₹154.39 Cr ₹142.78 Cr
Current Assets ₹294.27 Cr ₹184.06 Cr ₹133.96 Cr
Property, Plant & Equipment ₹141.7 Cr ₹150.52 Cr ₹136.28 Cr
Inventories ₹233.43 Cr ₹99.95 Cr ₹58.67 Cr
Trade Receivables ₹1.71 Cr ₹67.81 Cr ₹69.93 Cr
Cash & Equivalents ₹47 Lakh ₹19 Lakh ₹22 Lakh
Equity (Net Worth) ₹146.62 Cr ₹38.73 Cr ₹41.53 Cr
Equity Share Capital ₹144.77 Cr ₹84.97 Cr ₹84.97 Cr
Borrowings (Non-current) ₹290.91 Cr ₹125 Cr ₹125 Cr
Borrowings (Current) ₹58.29 Cr ₹52.53 Cr ₹0
Total Debt (computed) ₹349.2 Cr ₹177.53 Cr ₹125 Cr
Current Liabilities ₹127.3 Cr ₹155.93 Cr ₹89.53 Cr
Total Liabilities ₹474.85 Cr ₹299.72 Cr ₹235.21 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2023 FY 2022
Operating Cash Flow -₹84.31 Cr -₹20.68 Cr ₹8.36 Cr ₹22.36 Cr
Investing Cash Flow -₹174.75 Cr -₹18.2 Cr -₹2.12 Cr ₹8 Lakh
Financing Cash Flow ₹259.36 Cr ₹38.86 Cr -₹6.98 Cr -₹22.12 Cr
Capital Expenditure ₹174.83 Cr ₹18.62 Cr ₹2.18 Cr ₹0
Free Cash Flow (computed) -₹259.14 Cr -₹39.3 Cr ₹6.18 Cr ₹22.36 Cr
Dividends Paid ₹0 ₹0 ₹0 ₹0
Net Change in Cash ₹30 Lakh -₹2 Lakh -₹74 Lakh ₹32 Lakh
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q3 FY24 Q2 FY24 Q1 FY24 Q4 FY23
Revenue from Operations ₹11.93 Cr ₹2.2 Cr ₹65.73 Cr ₹127.55 Cr ₹116.38 Cr ₹193.56 Cr ₹123.48 Cr ₹110.7 Cr ₹126.94 Cr ₹157 Cr ₹153.24 Cr ₹106.52 Cr
Other Income ₹4 Lakh ₹0 ₹0 ₹13 Lakh ₹56 Lakh ₹26 Lakh ₹4 Lakh ₹1 Lakh ₹2.59 Cr ₹0 ₹40 Lakh ₹5.79 Cr
Total Income ₹11.97 Cr ₹2.2 Cr ₹65.73 Cr ₹127.68 Cr ₹116.94 Cr ₹193.82 Cr ₹123.52 Cr ₹110.71 Cr ₹129.53 Cr ₹157 Cr ₹153.64 Cr ₹112.31 Cr
Cost of Materials Consumed ₹34.71 Cr ₹0 ₹58.46 Cr ₹105.72 Cr ₹101.5 Cr ₹167.38 Cr ₹102.94 Cr ₹95.92 Cr ₹98.68 Cr ₹119.14 Cr ₹111.03 Cr ₹79.43 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹24 Lakh ₹0 ₹0 ₹0
Changes in Inventories -₹33.43 Cr ₹1.15 Cr -₹20.02 Cr ₹10.35 Cr ₹2.93 Cr -₹7.45 Cr -₹19 Lakh -₹12.57 Cr ₹1.87 Cr ₹2.07 Cr ₹3.17 Cr -₹1.17 Cr
Employee Benefit Expense ₹37 Lakh ₹33 Lakh ₹2.99 Cr ₹3.31 Cr ₹2.99 Cr ₹2.89 Cr ₹2.9 Cr ₹3.32 Cr ₹4.03 Cr ₹4.33 Cr ₹3.4 Cr ₹4.69 Cr
Finance Costs ₹4.57 Cr ₹5.67 Cr ₹5.14 Cr ₹4.93 Cr ₹5.1 Cr ₹4.67 Cr ₹3.22 Cr ₹3.18 Cr ₹3.22 Cr ₹3.2 Cr ₹3.14 Cr ₹3.3 Cr
Depreciation & Amortisation ₹2.79 Cr ₹2.69 Cr ₹2.7 Cr ₹2.69 Cr ₹2.84 Cr ₹2.58 Cr ₹2.55 Cr ₹2.6 Cr ₹2.38 Cr ₹2.4 Cr ₹2.38 Cr ₹2.39 Cr
Other Expenses ₹3.23 Cr ₹76 Lakh ₹11.33 Cr ₹13.62 Cr ₹9.67 Cr ₹19.11 Cr ₹12 Cr ₹18.06 Cr ₹22.44 Cr ₹25.69 Cr ₹30.4 Cr ₹23.57 Cr
Total Expenses ₹12.24 Cr ₹10.6 Cr ₹60.6 Cr ₹140.62 Cr ₹125.03 Cr ₹189.18 Cr ₹123.42 Cr ₹110.51 Cr ₹132.86 Cr ₹156.83 Cr ₹153.52 Cr ₹112.21 Cr
Profit Before Exceptional Items & Tax -₹27 Lakh -₹8.4 Cr ₹5.13 Cr -₹12.94 Cr -₹8.09 Cr ₹4.64 Cr ₹10 Lakh ₹20 Lakh -₹3.33 Cr ₹17 Lakh ₹12 Lakh ₹10 Lakh
Exceptional Items ₹0 ₹16.09 Cr ₹0 ₹0 ₹0 -₹4.16 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax -₹27 Lakh ₹7.69 Cr ₹5.13 Cr -₹12.94 Cr -₹8.09 Cr ₹48 Lakh ₹10 Lakh ₹20 Lakh -₹3.33 Cr ₹17 Lakh ₹12 Lakh ₹10 Lakh
Total Tax Expense ₹75 Lakh ₹1.07 Cr ₹1.4 Cr -₹3.26 Cr -₹2.12 Cr ₹1.16 Cr ₹4 Lakh ₹4 Lakh -₹85 Lakh ₹3 Lakh ₹2 Lakh ₹22 Lakh
Net Profit -₹1.02 Cr ₹6.62 Cr ₹3.73 Cr -₹9.68 Cr -₹5.97 Cr -₹68 Lakh ₹6 Lakh ₹16 Lakh -₹2.48 Cr ₹14 Lakh ₹10 Lakh -₹12 Lakh
Other Comprehensive Income ₹18 Lakh ₹1 Lakh ₹3 Lakh ₹3 Lakh ₹10 Lakh ₹1 Lakh ₹0 ₹1 Lakh ₹4 Lakh ₹3 Lakh ₹4 Lakh ₹6 Lakh
Total Comprehensive Income -₹84 Lakh ₹6.63 Cr ₹3.76 Cr -₹9.65 Cr -₹5.87 Cr -₹67 Lakh ₹6 Lakh ₹17 Lakh -₹2.44 Cr ₹17 Lakh ₹14 Lakh -₹6 Lakh
EBITDA (computed) ₹7.09 Cr -₹4 Lakh ₹12.97 Cr -₹5.32 Cr -₹15 Lakh ₹11.89 Cr ₹5.87 Cr ₹5.98 Cr ₹2.27 Cr ₹5.77 Cr ₹5.64 Cr ₹5.79 Cr
Basic EPS ₹-0.07 ₹0.68 ₹0.44 ₹-1.14 ₹-0.70 ₹-0.08 ₹0.01 ₹0.02 ₹-0.29 ₹0.02 ₹0.01 ₹-0.01
Diluted EPS ₹-0.07 ₹0.68 ₹0.44 ₹-1.14 ₹-0.70 ₹-0.08 ₹0.01 ₹0.02 ₹-0.29 ₹0.02 ₹0.01 ₹-0.01
Latest 12 quarters shown of 24 on record.
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You're viewing the latest exchange-filed financials for S A L Steel Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
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Shareholding Pattern of S A L Steel Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 70.98%, foreign institutional investors hold 0.00%, retail and other public shareholders hold 29.01% of S A L Steel Limited. The company had 55,132 shareholders on record.

Promoters: 70.98%Retail & Others: 29.01%
Mar 2026
QUARTER
70.98% Promoters
29.01% Retail & Others
Promoter holding - history
Now 70.98% · Mar 2026High 70.98% · Feb 2026Low 41.22% · Oct 2025
40%48%56%64%72%Dec 2015Jun 2018Dec 2020Jun 2023Oct 2025Dec 2015: 50.56%Mar 2016: 50.56%Jun 2016: 50.56%Sep 2016: 50.56%Dec 2016: 50.56%Mar 2017: 50.56%Jun 2017: 50.56%Sep 2017: 50.56%Dec 2017: 50.56%Mar 2018: 50.56%Jun 2018: 50.56%Sep 2018: 50.56%Dec 2018: 50.56%Mar 2019: 50.56%Jun 2019: 50.56%Sep 2019: 50.56%Dec 2019: 50.56%Mar 2020: 50.56%Jun 2020: 50.56%Sep 2020: 50.56%Dec 2020: 50.56%Mar 2021: 50.56%Jun 2021: 50.56%Sep 2021: 50.56%Dec 2021: 50.56%Mar 2022: 50.56%Jun 2022: 50.56%Sep 2022: 50.56%Dec 2022: 50.56%Mar 2023: 50.56%Jun 2023: 50.56%Sep 2023: 50.56%Dec 2023: 50.56%Mar 2024: 50.56%Jun 2024: 50.56%Sep 2024: 50.56%Dec 2024: 50.56%Mar 2025: 50.56%Jun 2025: 50.56%Sep 2025: 50.56%Oct 2025: 41.22%Dec 2025: 61.47%Feb 2026: 70.98%Mar 2026: 70.98%70.98%41.22%70.98%
Shareholding trend - last 6 quarters
Mar 2026Feb 2026Dec 2025Oct 2025Sep 2025Jun 2025
Promoters70.98%70.98%61.47%41.22%50.56%50.56%
Public29.02%29.02%38.53%58.78%49.44%49.44%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters70.98%50.56%50.56%50.56%50.56%50.56%50.56%50.56%50.56%50.56%50.56%
Public29.02%49.44%49.44%49.44%49.44%49.44%49.44%49.44%49.44%49.44%49.44%
Promoter change (YoY, %pts)+20.42+0.00+0.00+0.00+0.00+0.00+0.00+0.00+0.00+0.00-

Board & Governance of S A L Steel Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of S A L Steel Limited has 9 directors - 4 independent and 4 executive. The board is chaired by MAHESH KUMAR AGARWAL.

DirectorPositionOn board sinceListed boards
MAHESH KUMAR AGARWAL Executive Director · Chairperson 2025-12-23 1
KAUSTUBH AGARWAL Executive Director 2025-12-23 1
BIPINBHAI AMULAKHBHAI GOSALIA Non-Executive - Independent Director 2024-02-24 2
MITESH VASANTBHAI JARIWALA Non-Executive - Independent Director 2024-02-24 3
HIREN SHIRISHCHANDRA MAHADEVIA Non-Executive - Independent Director 2025-12-23 2
NIPA JAIRAJ SHAH Non-Executive - Independent Director 2024-11-12 2
RAJESH MANGAL Non-Executive - Non Independent Director 2026-02-14 0
ANIL KUMAR SINGH Executive Director 2026-02-14 0
BABULAL M SHINGAL Executive Director 2006-05-16 1
Board Committees
CommitteeMembers
Audit Committee MITESH VASANTBHAI JARIWALA (Chairperson), BIPINBHAI AMULAKHBHAI GOSALIA, HIREN SHIRISHCHANDRA MAHADEVIA
Nomination and remuneration committee MITESH VASANTBHAI JARIWALA (Chairperson), BIPINBHAI AMULAKHBHAI GOSALIA, HIREN SHIRISHCHANDRA MAHADEVIA
Stakeholders Relationship Committee MITESH VASANTBHAI JARIWALA (Chairperson), BIPINBHAI AMULAKHBHAI GOSALIA, NIPA JAIRAJ SHAH
Corporate Social Responsibility Committee MITESH VASANTBHAI JARIWALA (Chairperson), HIREN SHIRISHCHANDRA MAHADEVIA, MAHESH KUMAR AGARWAL
Non-Executive - Independent Director MITESH VASANTBHAI JARIWALA (Chairperson), BIPINBHAI AMULAKHBHAI GOSALIA, NIPA JAIRAJ SHAH

Charges & Borrowings of S A L Steel Limited

Open charges
₹175.9 Cr
Satisfied charges
₹450.98 Cr
Breakdown by lending institutions
Others₹175.00 Cr
Srei Equipment Finance Private Limited₹0.45 Cr
Hdfc Bank Limited₹0.33 Cr
Union Bank of India₹0.12 Cr
Latest charge details
DateLenderAmountStatus
05 Sep 2024 Others ₹50 Cr Open
16 Sep 2022 Others ₹125 Cr Open
20 Jan 2012 Hdfc Bank Limited ₹33 Lakh Open
15 Sep 2011 Srei Equipment Finance Private Limited ₹45 Lakh Open
31 Mar 2009 Union Bank of India ₹12.35 Lakh Open

Total charge records: 15 View all charges

Employees and EPFO Compliance at S A L Steel Limited

S A L Steel Limited has a workforce of 343 employees as of Apr 07, 2024.

Employee count
343
Active EPFO establishments
1
Employee growth
-13.82%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of S A L Steel Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of S A L Steel Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of S A L Steel Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for S A L Steel Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of S A L Steel Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by S A L Steel Limited

MSME Payment Delays by S A L Steel Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of S A L Steel Limited

Subsidiaries & Group Companies of S A L Steel Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of S A L Steel Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of S A L Steel Limited

MCA Filings & Documents of S A L Steel Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on S A L Steel Limited

Directors
23 Dec 2025
Mahesh Kumar Agarwal was appointed as a Additional Director on 23 Dec 2025 & has been associated with this company since 6 months 17 days.
Activity
26 Sep 2025
S A L Steel Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
S A L Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Directors
31 Mar 2025
Soni Radhika Parth was appointed as a Company Secretary on 31 Mar 2025 & has been associated with this company since 1 year 3 months.
Directors
12 Nov 2024
Nipa Jairaj Shah was appointed as a Director on 12 Nov 2024 & has been associated with this company since 1 year 7 months.
Charges
30 Sep 2024
A charge with Others of Rs. 50.00 Cr registered on 05 Sep 2024 with Charge ID 100994027 was modified on 30 Sep 2024.

Recent News on S A L Steel Limited

Frequently Asked Questions about S A L Steel Limited

S A L Steel Limited is an active public limited company in the metals and minerals sector based in Ahmedabad0, Gujarat, India. It was incorporated on 06 November 2003 (23+ years old) and is registered under CIN L29199GJ2003PLC043148. Listed on BSE: 532604 and NSE: BE : SALSTEEL. The company has 343 employees.

S A L Steel Limited reported revenue of ₹544.98 Cr for FY 2025 (down 6.00% YoY).

The current directors of S A L Steel Limited are:

The primary industry of S A L Steel Limited is metals and minerals. The company specifically operates in steel manufacturing and processing. The company is currently active in this sector.

Yes. S A L Steel Limited is listed on both BSE (code: 532604) and NSE (symbol: BE : SALSTEEL).

S A L Steel Limited can be reached at the registered office: 51 Shreeji House 5Th FloorbH M J Library Ashram Road, Ahmedabad0, Gujarat, India – 380006, or through the website salsteel.co.in.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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