Submission of Press Release regarding Q4 and FY26 Financial & Operational Performance
SCANSTL · price
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Scan Steels reported strong Q4FY26 results with revenue of Rs. 2,817 Mn (up 17% YoY, 47% QoQ) driven by higher TMT volumes and improved realizations. EBITDA came in at Rs. 137 Mn (up 53% YoY) while PAT more than doubled to Rs. 78 Mn from Rs. 35 Mn in Q3FY26, with PAT margin expanding to 2.8%. For the full year FY26, revenue grew 6% to Rs. 8,383 Mn and PAT rose 2% to Rs. 220 Mn. TMT production grew 11% YoY to 163,895 MT and sales volumes increased 6% to 162,469 MT. Cash flow from operations surged 5x to Rs. 371 Mn in FY26 vs Rs. 70 Mn in FY25. The company is executing two capex programs — a Rs. 600 Mn Unit-2 expansion adding 100,000 TPA billet capacity (commissioning Dec'26) and a Rs. 1,000 Mn pipe mill with hot-dip galvanizing facility at Unit-1 (250,000 TPA capacity, target Q2 FY28).
The strong Q4 performance, 5x jump in operating cash flow, and clear capex roadmap signal improving operational health and profitability trajectory, which should be positive for the stock. Margin expansion and the forward capex pipeline also signal long-term value creation potential.