| Metric | Value (₹ Cr) | Q4 FY26 | Q1 FY26 |
|---|---|---|---|
| Revenue | 257.79 | 8.5% | 11.1% |
| Total Income | 258.05 | 8.9% | 11.2% |
| Expenditure | 240.74 | 12.1% | 10.1% |
| PBT | 17.31 | 69.0% | 24.7% |
| Net Profit | 13.25 | 68.9% | 26.2% |
| OPM | 9.08% | 3.89pp | 0.55pp |
| NPM | 5.13% | 2.36pp | 0.61pp |
| EPS | 2.18 | 62.7% | 21.8% |
Steel maker posted healthy 11.1% revenue growth with EBITDA margin expanding ~55bps (8.5%->9.1%) driving 26.2% adjusted PAT growth, a solid above-average quarter without any one-off support.
Scan Steels Q1 FY27 Revenue Up 11% YoY to ₹2,578 Cr
28 Jul 2026 · 28 Jul, 6:30 pm
Summary
Scan Steels Limited reported a strong start to FY27 in its Q1 performance, with revenue increasing by 11% year-on-year to ₹2,578 crore, driven by better realizations and TMT sales volumes. EBITDA grew by 21% year-on-year to ₹235 crore, and EBITDA margins expanded to 9.1%. Profit After Tax rose by 29% year-on-year to ₹130 crore. The company highlighted continued benefits from hot charging and disciplined cost management contributing to healthy EBITDA growth. Management remains focused on strengthening profitability through value-added products, capacity expansion, and improved capacity utilization.
Key Highlights
- 1
Scan Steels Limited announced its Q1FY27 financial and operational results, showing a strong start to the fiscal year.
- 2
Revenue registered an 11% year-on-year increase to ₹2,578 crore, driven by improved realizations and robust TMT volumes.
- 3
EBITDA saw a significant increase of 21% year-on-year, reaching ₹235 crore, with margins expanding to 9.1% from 8.3% in Q1FY26.
- 4
Profit After Tax grew substantially by 29% year-on-year to ₹130 crore, indicating improved profitability.
- 5
Total production volumes increased by 8% quarter-on-quarter to 121,692 MT, with sponge iron and TMT production remaining largely stable YoY.
- 6
TMT sales volumes recorded an 8% year-on-year growth, supported by healthy market demand and a strong distribution network.
- 7
The company maintained strong credit ratings of CRISIL BBB+/Stable long-term and A2+ short-term, reflecting its disciplined financial management.
Management Comments
Rajesh Gadodia
I am pleased to share that Scan Steels delivered a strong start to FY27, with revenue, EBITDA and PAT increasing by 11%, 21% and 29% on a YoY basis, respectively. The quarter's performance was supported by higher TMT realizations, an improved value-added product mix and continued operational efficiencies, resulting in EBITDA margin expanding to 9.1% from 8.3% in the corresponding quarter last year. Our integrated manufacturing operations continued to perform well, with TMT production increasing 5% YoY and TMT sales growing 8% YoY, reflecting the strength of our branded SHRISHTII TMT franchise and extensive distribution network. Our strategic capex programme continues to progress as planned across all three themes, reinforcing our commitment to building an integrated and future-ready steel manufacturing platform. The expansion of billets capacity, addition of downstream Pipe/Galvanizing/Wire Rod facilities, and development of an integrated steel ecosystem—including pellet plants, captive power, coal washery, SMS & Conca
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