
About Scan Steels Limited
Data last updated:
Scan Steels Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 18 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L27209MH1994PLC076015. Its GSTIN is 21AABCM6734H1ZQ (Odisha). The company holds 10 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 511672 and NSE: SCANSTL.
The company has an authorised share capital of ₹86.5 Cr and a paid-up capital of ₹60.75 Cr. It was formerly known as Clarus Finance and Securities Limited and Mittal Securities Finance Limited. It is led by directors including Ankur Madaan (Whole-Time Director) and Praveen Kumar Patro (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹838.26 Cr, a growth of 6.2% compared to the previous year. For the same year it recorded a net profit of ₹22.01 Cr (net margin 2.6%) and EBITDA of ₹49.1 Cr (EBITDA margin 5.9%). The net worth stands at ₹448.73 Cr (up 6.1% YoY). Total assets are valued at ₹520.43 Cr (up 7.3% YoY).
The company has about 1,959 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹324 Cr and satisfied charges of ₹724.3 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website scansteels.com.
Company details
Name history
Scan Steels has undergone 4 name changes throughout its history. The current legal name is Scan Steels Limited.
| Company Name | Status |
|---|---|
| Scan Steels Limited | Current |
| Clarus Finance And Securities Limited | Previous |
| Mittal Securities Finance Limited | Previous |
| Knack Financial Services Private Limited | Previous |
| Clarus Infrastructure Realties Limited | Previous |
CIN history
Scan Steels has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L27209MH1994PLC076015, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27209MH1994PLC076015 | Current |
| L67190MH1994PLC076015 | Previous |
| U67190MH1994PLC076015 | Previous |
Contact details
Scan Steels Limited's registered office is in Mumbai, Maharashtra. Its website is scansteels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffcie No. 104/105 E – Square Subhash Road Opp. Havmore Ice Cream VI, Le Parle, Mumbai, Maharashtra, India – 400057
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Scan Steels Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Scan Steels is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Scan Steels Limited, buy the company report.
Financials of Scan Steels Limited
FY 2025-26 filings availableScan Steels Limited reported revenue of ₹838.26 Cr (up 6.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | 838 | 789 | 965 | 1,091 |
| Revenue growth | +6.2% | -18.3% | -11.5% | - |
| EBITDA | 49.10 | 45.78 | 48.00 | 48.98 |
| EBITDA margin | +5.9% | +5.8% | +5.0% | +4.5% |
| Profit before tax | 26.52 | 28.15 | 27.48 | 21.98 |
| Net profit | 22.01 | 19.53 | 20.65 | 12.03 |
| Net profit margin | +2.6% | +2.5% | +2.1% | +1.1% |
| EPS (₹) | 3.71 | 3.69 | 4.02 | 2.93 |
| Balance sheet | ||||
| Total assets | 520 | 485 | 522 | 478 |
| Net worth | 449 | 423 | 403 | 384 |
| Total debt | 71.69 | 61.93 | 119 | 94.43 |
| Cash & bank | 4.51 | 9.77 | 31.79 | 9.56 |
| Net working capital | 174 | 165 | 206 | 181 |
| Cash flow | ||||
| Cash from operations | 37.09 | 6.99 | 81.60 | 53.29 |
| Cash from investing | (37.84) | (15.03) | (29.71) | (31.97) |
| Cash from financing | (4.51) | (13.99) | (29.67) | (33.30) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 258 | 282 | 192 | 133 | 232 | 241 | 175 | 140 |
| Revenue growth (YoY) | +11.1% | +16.8% | +9.8% | -5.0% | -0.7% | - | - | - |
| Other income | 0.26 | 1.52 | (0.01) | 0.06 | 0.51 | 1.35 | 0.46 | 1.94 |
| EBITDA | 23.42 | 13.68 | 10.42 | 5.68 | 19.32 | 8.93 | 9.88 | 2.44 |
| EBITDA margin | +9.1% | +4.9% | +5.4% | +4.3% | +8.3% | +3.7% | +5.7% | +1.7% |
| Depreciation | 3.92 | 3.93 | 3.93 | 3.93 | 3.93 | 3.91 | 3.93 | 3.93 |
| Interest | 2.45 | 1.96 | 2.33 | 2.17 | 2.01 | 1.95 | 2.08 | 1.88 |
| Profit before tax | 17.31 | 9.31 | 4.15 | (0.36) | 13.89 | 4.42 | 4.33 | (1.43) |
| Tax | 4.36 | 2.40 | 1.05 | (0.11) | 3.39 | 0.84 | 1.18 | (0.59) |
| Net profit | 12.95 | 6.91 | 3.10 | (0.25) | 10.50 | 3.58 | 3.15 | (0.84) |
| EPS (₹) | 2.18 | 1.29 | 0.59 | 0.03 | 1.79 | 0.81 | 0.54 | (0.14) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 838 | 789 | 965 | 1,091 | 1,000 | 732 | 668 |
| Revenue growth | +6.2% | -18.3% | -11.5% | +9.1% | +36.6% | +9.7% | - |
| EBITDA | 49.10 | 45.78 | 47.99 | 48.98 | 86.05 | 69.09 | 40.10 |
| EBITDA margin | +5.9% | +5.8% | +5.0% | +4.5% | +8.6% | +9.4% | +6.0% |
| Profit before tax | 26.52 | 26.10 | 24.15 | 21.98 | 65.85 | 48.33 | 13.23 |
| Net profit | 19.80 | 17.54 | 17.34 | 12.03 | 50.48 | 28.76 | 0.33 |
| Net profit margin | +2.4% | +2.2% | +1.8% | +1.1% | +5.1% | +3.9% | +0.1% |
| EPS (₹) | 3.34 | 3.35 | 3.39 | 2.93 | 9.70 | 5.87 | 0.06 |
| Balance sheet | |||||||
| Total assets | 513 | 480 | 519 | 478 | 457 | 396 | 413 |
| Net worth | 441 | 418 | 400 | 384 | 369 | 318 | 287 |
| Total debt | 71.69 | 61.93 | 119 | 94.43 | 87.95 | 77.72 | 126 |
| Cash & bank | 4.51 | 9.77 | 31.79 | 9.56 | 21.54 | 2.83 | 1.79 |
| Net working capital | 174 | 165 | 206 | 181 | 182 | 126 | 117 |
| Cash flow | |||||||
| Cash from operations | 37.09 | 6.99 | 78.28 | 53.29 | 48.81 | 35.28 | 30.26 |
| Cash from investing | (37.84) | (15.02) | (26.39) | (31.97) | (25.79) | (0.27) | (6.84) |
| Cash from financing | (4.51) | (13.99) | (29.67) | (33.30) | (4.32) | (33.97) | (24.15) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 258 | 282 | 192 | 133 | 232 | 241 | 175 | 140 |
| Revenue growth (YoY) | +11.1% | +16.8% | +9.8% | -5.0% | -0.7% | - | - | - |
| Other income | 0.26 | 1.52 | (0.01) | 0.06 | 0.05 | 1.35 | 0.05 | 1.42 |
| Total expenses | 234 | 268 | 181 | 127 | 213 | 232 | 165 | 138 |
| EBITDA | 23.42 | 13.68 | 10.42 | 5.68 | 19.32 | 8.93 | 9.93 | 2.45 |
| EBITDA margin | +9.1% | +4.9% | +5.4% | +4.3% | +8.3% | +3.7% | +5.7% | +1.8% |
| Depreciation | 3.92 | 3.93 | 3.93 | 3.93 | 3.93 | 3.91 | 3.93 | 3.93 |
| Interest | 2.45 | 1.96 | 2.33 | 2.17 | 2.01 | 1.95 | 2.08 | 1.88 |
| Profit before tax | 17.31 | 9.31 | 4.15 | (0.36) | 13.43 | 4.42 | 3.97 | (1.94) |
| Tax | 4.36 | 2.40 | 1.05 | (0.11) | 3.39 | 0.84 | 1.18 | (0.59) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 258 | 282 | 192 | 133 | 232 | 241 | 175 | 140 |
| Revenue growth (YoY) | +11.1% | +16.8% | +9.8% | -5.0% | -0.7% | - | - | - |
| Other income | 0.26 | 1.52 | (0.01) | 0.06 | 0.51 | 1.35 | 0.46 | 1.94 |
| EBITDA | 23.42 | 13.68 | 10.42 | 5.68 | 19.32 | 8.93 | 9.88 | 2.44 |
| EBITDA margin | +9.1% | +4.9% | +5.4% | +4.3% | +8.3% | +3.7% | +5.7% | +1.7% |
| Depreciation | 3.92 | 3.93 | 3.93 | 3.93 | 3.93 | 3.91 | 3.93 | 3.93 |
| Interest | 2.45 | 1.96 | 2.33 | 2.17 | 2.01 | 1.95 | 2.08 | 1.88 |
| Profit before tax | 17.31 | 9.31 | 4.15 | (0.36) | 13.89 | 4.42 | 4.33 | (1.43) |
| Tax | 4.36 | 2.40 | 1.05 | (0.11) | 3.39 | 0.84 | 1.18 | (0.59) |
| Net profit | 12.95 | 6.91 | 3.10 | (0.25) | 10.50 | 3.58 | 3.15 | (0.84) |
| EPS (₹) | 2.18 | 1.29 | 0.59 | 0.03 | 1.79 | 0.81 | 0.54 | (0.14) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Revenue | 838 | 789 | 965 | 1,091 |
| Revenue growth | +6.2% | -18.3% | -11.5% | - |
| Other income | 1.62 | 6.66 | 5.34 | 5.99 |
| Total expenses | 789 | 743 | 917 | 1,042 |
| Employee cost | 0.00 | 37.47 | 31.11 | 30.34 |
| EBITDA | 49.10 | 45.78 | 48.00 | 48.98 |
| EBITDA margin | +5.9% | +5.8% | +5.0% | +4.5% |
| Depreciation | 15.73 | 15.69 | 15.40 | 13.29 |
| Interest | 8.47 | 8.60 | 10.46 | 19.70 |
| Profit before tax | 26.52 | 28.15 | 27.48 | 21.98 |
| Tax | 6.72 | 6.48 | 6.42 | 6.68 |
| Net profit | 22.01 | 19.53 | 20.65 | 12.03 |
| Net profit margin | +2.6% | +2.5% | +2.1% | +1.1% |
| EPS (₹) | 3.71 | 3.69 | 4.02 | 2.93 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Equity & liabilities | ||||
| Share capital | 60.64 | 58.60 | 58.60 | 70.34 |
| Reserves & surplus | 388 | 364 | 344 | 314 |
| Shareholders' funds (net worth) | 449 | 423 | 403 | 384 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.36 | 8.23 | 39.10 |
| Unsecured loans | 71.69 | 61.57 | 111 | 55.33 |
| Total debt | 71.69 | 61.93 | 119 | 94.43 |
| Total liabilities | 520 | 485 | 522 | 478 |
| Assets | ||||
| Gross block | 504 | 501 | 502 | 489 |
| Net block | 251 | 264 | 279 | 281 |
| Capital work in progress | 41.21 | 20.15 | 0.98 | 2.18 |
| Investments | 45.37 | 26.22 | 28.89 | 13.06 |
| Inventories | 168 | 168 | 176 | 159 |
| Sundry debtors | 21.10 | 10.99 | 25.03 | 42.66 |
| Cash & bank balances | 4.51 | 9.77 | 31.79 | 9.56 |
| Loans & advances | 34.98 | 36.28 | 25.30 | 22.04 |
| Total current assets | 229 | 225 | 258 | 233 |
| Total current liabilities | 54.91 | 59.71 | 51.55 | 52.23 |
| Net working capital | 174 | 165 | 206 | 181 |
| Total assets | 520 | 485 | 522 | 478 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Opening cash | 9.77 | 31.79 | 9.56 | 21.54 |
| Net cash from operating activities | 37.09 | 6.99 | 81.60 | 53.29 |
| Net cash from investing activities | (37.84) | (15.03) | (29.71) | (31.97) |
| Net cash from financing activities | (4.51) | (13.99) | (29.67) | (33.30) |
| Net change in cash | (5.25) | (22.02) | 22.22 | (11.97) |
| Closing cash | 4.51 | 9.77 | 31.79 | 9.56 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Growth | ||||
| Sales growth | +6.2% | -18.3% | -11.5% | - |
| EBITDA growth | +7.3% | -4.6% | -2.0% | - |
| PBT growth | -5.8% | +2.4% | +25.0% | +9997.0% |
| Net income growth | +12.7% | -5.4% | +71.7% | - |
| Revenue CAGR (3Y) | -8.4% | - | - | - |
| EBITDA CAGR (3Y) | +0.1% | - | - | - |
| Profitability & leverage | ||||
| Net income margin | +2.4% | +2.8% | +2.2% | +1.4% |
| Return on capital employed | - | - | +7.6% | +7.8% |
| Return on net worth | - | - | +5.5% | +3.3% |
| Debt / equity | - | - | 0.27 | 0.25 |
| Long-term debt / equity | - | - | 0.03 | 0.06 |
| Interest cover | 25.38 | 28.58 | 32.09 | 55.20 |
| Efficiency & per share | ||||
| Fixed asset turnover | - | - | 1.95 | 2.23 |
| Inventory turnover | - | - | 5.78 | 6.87 |
| Debtors turnover | - | - | 28.52 | 25.57 |
| EPS (₹) | 3.71 | 3.69 | 4.02 | 2.93 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 72.18 | 75.77 | 69.91 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 258 | 282 | 192 | 133 | 232 | 241 | 175 | 140 |
| Revenue growth (YoY) | +11.1% | +16.8% | +9.8% | -5.0% | -0.7% | - | - | - |
| Other income | 0.26 | 1.52 | (0.01) | 0.06 | 0.05 | 1.35 | 0.05 | 1.42 |
| Total expenses | 234 | 268 | 181 | 127 | 213 | 232 | 165 | 138 |
| EBITDA | 23.42 | 13.68 | 10.42 | 5.68 | 19.32 | 8.93 | 9.93 | 2.45 |
| EBITDA margin | +9.1% | +4.9% | +5.4% | +4.3% | +8.3% | +3.7% | +5.7% | +1.8% |
| Depreciation | 3.92 | 3.93 | 3.93 | 3.93 | 3.93 | 3.91 | 3.93 | 3.93 |
| Interest | 2.45 | 1.96 | 2.33 | 2.17 | 2.01 | 1.95 | 2.08 | 1.88 |
| Profit before tax | 17.31 | 9.31 | 4.15 | (0.36) | 13.43 | 4.42 | 3.97 | (1.94) |
| Tax | 4.36 | 2.40 | 1.05 | (0.11) | 3.39 | 0.84 | 1.18 | (0.59) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 838 | 789 | 965 | 1,091 | 1,000 | 732 | 668 |
| Revenue growth | +6.2% | -18.3% | -11.5% | +9.1% | +36.6% | +9.7% | - |
| Other income | 1.62 | 4.61 | 2.02 | 5.99 | 2.15 | 4.35 | 0.96 |
| Total expenses | 789 | 743 | 917 | 1,042 | 914 | 663 | 627 |
| Employee cost | 0.00 | 37.47 | 31.11 | 30.34 | 27.44 | 26.14 | 25.86 |
| EBITDA | 49.10 | 45.78 | 47.99 | 48.98 | 86.05 | 69.09 | 40.10 |
| EBITDA margin | +5.9% | +5.8% | +5.0% | +4.5% | +8.6% | +9.4% | +6.0% |
| Depreciation | 15.73 | 15.69 | 15.40 | 13.29 | 12.81 | 13.98 | 12.60 |
| Interest | 8.47 | 8.60 | 10.46 | 19.70 | 9.54 | 11.13 | 15.23 |
| Profit before tax | 26.52 | 26.10 | 24.15 | 21.98 | 65.85 | 48.33 | 13.23 |
| Tax | 6.72 | 6.48 | 6.42 | 6.68 | 15.08 | 17.60 | 12.90 |
| Net profit | 19.80 | 17.54 | 17.34 | 12.03 | 50.48 | 28.76 | 0.33 |
| Net profit margin | +2.4% | +2.2% | +1.8% | +1.1% | +5.1% | +3.9% | +0.1% |
| EPS (₹) | 3.34 | 3.35 | 3.39 | 2.93 | 9.70 | 5.87 | 0.06 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 60.64 | 58.60 | 58.60 | 70.34 | 70.34 | 70.34 | 70.28 |
| Reserves & surplus | 381 | 359 | 341 | 314 | 298 | 248 | 217 |
| Shareholders' funds (net worth) | 441 | 418 | 400 | 384 | 369 | 318 | 287 |
| Secured loans | 0.00 | 0.36 | 8.23 | 39.10 | 40.13 | 35.76 | 66.26 |
| Unsecured loans | 71.69 | 61.57 | 111 | 55.33 | 47.82 | 41.96 | 60.01 |
| Total debt | 71.69 | 61.93 | 119 | 94.43 | 87.95 | 77.72 | 126 |
| Total liabilities | 513 | 480 | 519 | 478 | 457 | 396 | 413 |
| Assets | |||||||
| Gross block | 504 | 501 | 502 | 489 | 455 | 451 | 445 |
| Net block | 251 | 264 | 279 | 281 | 260 | 269 | 272 |
| Capital work in progress | 41.21 | 20.15 | 0.98 | 2.18 | 4.74 | 0.44 | 1.81 |
| Investments | 37.79 | 20.85 | 25.57 | 13.06 | 7.98 | 0.45 | 0.80 |
| Inventories | 168 | 168 | 176 | 159 | 124 | 129 | 126 |
| Sundry debtors | 21.10 | 10.99 | 25.03 | 42.66 | 55.11 | 28.18 | 30.25 |
| Cash & bank balances | 4.51 | 9.77 | 31.79 | 9.56 | 21.54 | 2.83 | 1.79 |
| Loans & advances | 34.98 | 36.28 | 25.30 | 22.04 | 29.30 | 21.13 | 17.79 |
| Total current assets | 229 | 225 | 258 | 233 | 230 | 181 | 176 |
| Total current liabilities | 54.91 | 59.71 | 51.54 | 52.23 | 48.04 | 55.36 | 58.77 |
| Net working capital | 174 | 165 | 206 | 181 | 182 | 126 | 117 |
| Total assets | 513 | 480 | 519 | 478 | 457 | 396 | 413 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 9.77 | 31.79 | 9.56 | 21.54 | 2.83 | 1.79 | 2.52 |
| Net cash from operating activities | 37.09 | 6.99 | 78.28 | 53.29 | 48.81 | 35.28 | 30.26 |
| Net cash from investing activities | (37.84) | (15.02) | (26.39) | (31.97) | (25.79) | (0.27) | (6.84) |
| Net cash from financing activities | (4.51) | (13.99) | (29.67) | (33.30) | (4.32) | (33.97) | (24.15) |
| Net change in cash | (5.25) | (22.02) | 22.22 | (11.97) | 18.70 | 1.04 | (0.73) |
| Closing cash | 4.51 | 9.77 | 31.79 | 9.56 | 21.54 | 2.83 | 1.79 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +6.2% | -18.3% | -11.5% | +9.1% | +36.6% | +9.7% | - |
| EBITDA growth | +7.3% | -4.6% | -2.0% | -43.1% | +24.6% | +72.3% | - |
| PBT growth | +1.6% | +8.1% | +9.9% | -66.6% | +36.3% | +265.3% | -22.6% |
| Net income growth | +12.9% | +1.2% | +44.1% | -76.2% | +75.5% | +8615.2% | - |
| Revenue CAGR (3Y) | -8.4% | -7.6% | +9.7% | +17.8% | +12.9% | +12.9% | +20.6% |
| EBITDA CAGR (3Y) | +0.1% | -19.0% | -11.4% | +6.9% | +25.7% | +6.0% | +35.2% |
| Profitability & leverage | |||||||
| Net income margin | +2.4% | +2.5% | +1.8% | +1.4% | +5.1% | +4.2% | +0.1% |
| Return on capital employed | - | +6.4% | +7.0% | +8.0% | +17.7% | +14.7% | +6.8% |
| Return on net worth | - | +4.3% | +4.7% | +3.4% | +15.6% | +10.8% | +0.1% |
| Debt / equity | - | 0.22 | 0.27 | 0.24 | 0.24 | 0.34 | 0.46 |
| Long-term debt / equity | - | 0.01 | 0.03 | 0.07 | 0.07 | 0.11 | 0.18 |
| Interest cover | 25.38 | 28.58 | 32.10 | 55.20 | 13.03 | 20.20 | 55.38 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 1.57 | 1.95 | 2.31 | 2.21 | 1.63 | 1.50 |
| Inventory turnover | - | 4.60 | 5.78 | 7.71 | 7.90 | 5.74 | 5.84 |
| Debtors turnover | - | 43.82 | 28.52 | 22.31 | 24.02 | 25.06 | 21.09 |
| EPS (₹) | 3.34 | 3.35 | 3.39 | 2.93 | 9.70 | 5.87 | 0.06 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 71.26 | 75.13 | 69.91 | 67.02 | 57.33 | 51.39 |
To see the full year-wise statements and ratios of Scan Steels Limited, buy the company report.
Board of directors of Scan Steels Limited
Scan Steels has 6 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Gadodia | Director | 14 Mar 2014 | 12 Years 7 Months | Current |
| Ankur Madaan Also directs: Scan Green Energy LLP | Whole-Time Director | 24 Oct 2014 | 11 Years 11 Months | Current |
| Praveen Kumar Patro | Whole-Time Director | 30 May 2018 | 8 Years 4 Months | Current |
| Jitendriya Mohanty Also directs: Lexforge Corporate Solutions LLP, Toplife Foods Private Limited, Maharaja Polyfab Limited and 1 more | Director | 08 Aug 2025 | 1 Years 2 Months | Current |
| Patra Monalisha | Director | 08 Aug 2025 | 1 Years 2 Months | Current |
| Sushama Anuj Yadav | Director | 08 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Scan Steels Limited is compared with the 9 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Scan Steels Limitedthis company | ₹838.26 Cr (FY 2026) | ₹22.01 Cr | 2.6% | 6.2% | 1,959 | Mumbai, Maharashtra, India |
| Primegold Steel and Power Limited | ₹810.9 Cr (FY 2025) | -6.0% | Delhi, India | |||
| Shilpa Steel & Power Limited | ₹803.16 Cr (FY 2025) | 2.0% | Nagpur, Maharashtra, India | |||
| Mahamaya Steel Industries Limited | ₹803 Cr (FY 2025) | 2.0% | Raipur, Chhattisgarh, India | |||
| Mahendra Sponge and Power Limited | ₹801.07 Cr (FY 2024) | -14.0% | Raipur, Chhattisgarh, India | |||
| Manaksia Coated Metals & Industries Limited | ₹790.87 Cr (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| Ind Synergy Limited | ₹784.84 Cr (FY 2025) | -31.0% | Raigarh, Chhattisgarh, India | |||
| Arya Iron and Steel Company Private Limited | ₹781.97 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Saluja Steel and Power Private Limited | ₹781.3 Cr (FY 2025) | 34.0% | Jharkhand, India | |||
| Atibir Industries Company Limited | ₹772.7 Cr (FY 2025) | 2.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Scan Steels Limited, buy the company report.
Auditor
Scan Steels Limited is audited by SRB AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRB AND ASSOCIATES | FY 2023 | 310009E |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 49.30%, foreign institutional investors hold 2.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 48.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 49.30% | 48.90% | 48.80% | 48.80% |
| Public | 50.70% | 51.10% | 51.20% | 51.20% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2026 | 101320326 | Others | ₹200 Cr | Open | |
| 08 Dec 2014 | 10553631 | State Bank of India | ₹124 Cr | Open | |
| 29 Apr 2017 | 100103664 | Others | ₹19.62 Lakh | Satisfied | |
| 31 Aug 2016 | 100090049 | Others | ₹38.61 Lakh | Satisfied | |
| 07 Jun 2016 | 100034301 | Others | ₹19.31 Lakh | Satisfied |
To see the full charge records of Scan Steels Limited, buy the company report.
Total charge records: 32 View all charges
Legal cases
Scan Steels Limited has 4 court cases on record: 4 filed by Scan Steels. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed by the company | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Scan Steels Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Scan Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Scan Steels Limited has a workforce of 1,959 employees on its EPFO records as of Apr 07, 2024, across 8 active EPFO establishments.
GST
Scan Steels has 10 GST registrations: 2 active and 8 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCM6734H1ZQ | Odisha | Active | 01 Jul 2017 |
| 29AABCM6734H1ZA | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Scan Steels Limited, buy the company report.
Recent activity
Scan Steels Limited has 40 board changes on record since 2004: 24 appointments and 16 cessations. The latest: Gagan Jalan ceased to be Director on 08 Aug 2025.
106 earlier events are in the company report.
News
Frequently asked questions
Scan Steels is an active public limited company based in Mumbai, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 18 January 1994 (32+ years old) and is registered under CIN L27209MH1994PLC076015. Listed on BSE: 511672 and NSE: SCANSTL.
Scan Steels reported revenue of ₹838.26 Cr for FY 2025-26 (up 6.2% YoY) based on consolidated financials.
Scan Steels has 6 current directors:
- Ankur Madaan - Whole-Time Director
- Praveen Kumar Patro - Whole-Time Director
- Rajesh Gadodia - Director
- Jitendriya Mohanty - Director
- Patra Monalisha - Director
- Sushama Anuj Yadav - Director
The latest financial statements of Scan Steels on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Scan Steels is 21AABCM6734H1ZQ, registered in Odisha. The company has 10 GST registrations in all, of which 2 are active and 8 are cancelled or inactive. Other active GSTINs include 29AABCM6734H1ZA (Karnataka).
The CIN (Corporate Identification Number) of Scan Steels is L27209MH1994PLC076015. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Scan Steels is a listed company as per MCA records. Its shares are listed on both BSE (code: 511672) and NSE (symbol: SCANSTL).
Scan Steels has 4 court cases on record: 4 filed by the company.
Scan Steels was incorporated on 18 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Scan Steels by revenue are Primegold Steel and Power Limited, Shilpa Steel & Power Limited, Mahamaya Steel Industries Limited, Mahendra Sponge and Power Limited, Manaksia Coated Metals & Industries Limited and 4 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Gagan Jalan ceased to be Director on 08 Aug 2025. Jitendriya Mohanty was appointed as Director on 08 Aug 2025. Konika Poddar ceased to be Director on 08 Aug 2025. Scan Steels has 40 board changes on record in total.