S AL Steel (BOM:532604) Scaled Net Operating Assets: N/A (As of Mar. 2026)

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BOM:532604 S AL Steel Ltd BOM:532604
41 GF Score
Price ₹53.02
GF Value ₹4.21
Valuation Significantly Overvalued
! 11 Warning Signs
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What is S AL Steel Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

S AL Steel's operating assets for the quarter that ended in Mar. 2026 was ₹6,207 Mil. S AL Steel's operating liabilities for the quarter that ended in Mar. 2026 was ₹1,257 Mil. S AL Steel's Total Assets for the quarter that ended in Dec. 2025 was ₹0 Mil. Therefore, S AL Steel's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was N/A.


S AL Steel Scaled Net Operating Assets Historical Data

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The historical data trend for S AL Steel's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

S AL Steel Scaled Net Operating Assets Chart

S AL Steel Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.57 0.60 0.76 1.46

S AL Steel Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

BOM:532604 vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, S AL Steel's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


S AL Steel Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, S AL Steel's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where S AL Steel's Scaled Net Operating Assets falls into.


BOM:532604
41GF Score
S AL Steel Ltd BOM:532604
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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S AL Steel Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

S AL Steel's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(6206.6-1256.5)/3384.458
=1.46

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6214.7 - 8.1
=6206.6

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4748.5 - 2909.1 - 582.9
=1256.5

S AL Steel's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(6206.6-1256.5)/0
=N/A

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6214.7 - 8.1
=6206.6

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4748.5 - 2909.1 - 582.9
=1256.5

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is S AL Steel (BOM:532604) Overvalued in 2026?

Based on GuruFocus' analysis, S AL Steel stock appears to be overvalued. The current stock price of ₹53.02 is trading 1159.4% above its estimated GF Value™ of ₹4.21. GuruFocus considers S AL Steel to be Significantly Overvalued.

Key valuation signals for BOM:532604:

  • Scaled Net Operating Assets: N/A
  • GF Value™: ₹4.21 vs. price of ₹53.02 (1159.4% above fair value)
  • GF Score™: 41/100 with 11 warning signs

No single metric tells the full story. See the BOM:532604 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


S AL Steel Business Description

Other Exchanges SALSTEEL:India
Address Sola - Kalol Road, Shah Alloys Corporate House, Taluka Kalol, Santej, District Gandhinagar, Gandhinagar, GJ, IND, 382721
S AL Steel Ltd is engaged in manufacturing sponge iron, ferro alloys, iron ore pellets, and various finished steel products. The products manufactured by the company are sold in the domestic market as well as the international market. In addition, the company is also involved in generating 40 MW of power from waste Heat recovery Boiler and Fluidized Bed Combustion boiler at an economic price. Power generated is used for captive consumption, and surplus power is sold. Its primary reportable business segments are Iron and Steel and Power. Geographically, the company currently derives all of its revenue from India.
41GF Score

Get the complete analysis for BOM:532604

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹53.02
Price
₹4.21
GF Value