Submission of Press Release regarding Q1 and FY27 Financial & Operational Performance.
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 28 Jul 2026, 06:24 PM IST · BSE ID: 6edf6d23-9e7d-47d0-b33e-2aaa30c9e2e8
View Original BSE Filing (PDF)
💡
In Simple Terms
Scan Steels announced its latest quarterly financial results, showing higher profits and revenue due to increased sales and better efficiency.
🤖 AI Summary
- Scan Steels reported Q1 FY27 Profit After Tax (PAT) of Rs. 130 Million, a 29% YoY increase.
- Revenue for Q1 FY27 stood at Rs. 2,578 Million, marking an 11% increase compared to Q1 FY26.
- EBITDA for Q1 FY27 grew 21% YoY to Rs. 235 Million, with the EBITDA margin expanding to 9.1%.
- TMT sales volumes increased 8% YoY to 43,692 M.T., driven by market demand.
- The company maintains CRISIL BBB+/Stable long-term and A2+ short-term credit ratings.
🔢 Key Numbers — exact figures from BSE filing, not rounded
TMT Sales Volumes
43,692
8%
🏢 How This Affects the Company
The company's focus on value-added products and increased TMT sales volumes (8% YoY) contributed to revenue growth and market presence. Strategic capex plans are progressing to expand billets capacity and add downstream facilities, aiming to strengthen operational capabilities and enhance value addition.
Profit After Tax increased by 29% YoY to Rs. 130 Million, driven by an 11% YoY increase in revenue and a 21% YoY increase in EBITDA. EBITDA margin expanded to 9.1%, reflecting improved operating efficiency and cost reduction.
Total production stood at 121,692 MT in Q1 FY27, with sponge iron and TMT production increasing 2% YoY and 5% YoY respectively. Continued benefits from hot charging and improved operating leverage supported operational performance.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this financial results press release.
👤
Who Is Affected
Shareholders are affected by the company's financial performance, specifically the 29% YoY growth in Profit After Tax to Rs. 130 Million and 11% YoY revenue increase to Rs. 2,578 Million.
🔍
Management Signal
Management is focused on strengthening profitability through value-added products, capacity expansion, and improved capacity utilization, as outlined in their Vision 2031 roadmap.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — check revenue and margin trends
Updates on strategic capex program progress and timelines
Announcements regarding capacity expansion and new facilities
LOW RISK
The filing indicates strong Q1 FY27 financial performance and a healthy credit profile.
💡 Investor Takeaway
Scan Steels reported Q1 FY27 Profit After Tax of Rs. 130 Million, up 29% YoY, with revenue at Rs. 2,578 Million, an 11% YoY increase. EBITDA rose 21% YoY to Rs. 235 Million, and TMT sales volumes grew 8% YoY, reinforcing a strong start to the fiscal year.
⚖️ Strengths & Concerns
✅ Positives
- Profit After Tax (PAT) increased 29% YoY to Rs. 130 Million in Q1 FY27, indicating strong profitability growth.
- EBITDA margin expanded to 9.1% in Q1 FY27 from 8.3% in Q1 FY26, reflecting improved operational efficiency and cost management.
⚠️ Concerns
- QoQ revenue declined 8% to Rs. 2,578 Million from Rs. 2,817 Million in Q4 FY26, attributed to subdued volumes.
- Billets production decreased 11% YoY to 39,212 M.T. in Q1 FY27 from 44,124 M.T. in Q1 FY26.
📅 Company Track Record
In Q4 FY26, Scan Steels reported a Profit After Tax of Rs. 78 Million, a 65% YoY increase. FY26 operating cash flow was up 5x. This current Q1 FY27 filing continues to show positive YoY growth in profitability and revenue.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Scan Steels' Profit After Tax in Q1 FY27?
Scan Steels' Profit After Tax in Q1 FY27 was Rs. 130 Million, a 29% increase compared to Rs. 100 Million in Q1 FY26.
What was the revenue for Scan Steels in Q1 FY27?
The revenue for Scan Steels in Q1 FY27 was Rs. 2,578 Million, which represents an 11% increase from Rs. 2,320 Million in Q1 FY26.
How did Scan Steels' EBITDA perform in Q1 FY27?
Scan Steels' EBITDA in Q1 FY27 increased 21% YoY to Rs. 235 Million, with the EBITDA margin expanding to 9.1% from 8.3% in Q1 FY26.
What were the TMT sales volumes for Scan Steels in Q1 FY27?
TMT sales volumes for Scan Steels in Q1 FY27 were 43,692 M.T., recording an 8% YoY growth from 40,361 M.T. in Q1 FY26.
What is Scan Steels' credit rating?
Scan Steels maintains CRISIL BBB+/Stable long-term and A2+ short-term credit ratings.
Questions based on this BSE filing only. For information purposes.