Electrotherm India Ltd vs Shah Alloys Ltd Stock Comparison

Home

Insights

Stock Comparison

Last Updated on: Jun 03, 2026

Key Highlights

The Latest Trading Price of Electrotherm (India) Ltd is ₹ 1004 as of 03 Jun 15:30 . The P/E Ratio of Electrotherm (India) Ltd changed from 2.9 on March 2021 to 2.4 on March 2025 . This represents a CAGR of -3.71% over 5 yearsThe P/E Ratio of Shah Alloys Ltd changed from 2.4 on March 2022 to 0 on March 2025 . This represents a CAGR of -100.00% over 4 years The Market Cap of Electrotherm (India) Ltd changed from ₹ 142.27 crore on March 2021 to ₹ 1068 crore on March 2025 . This represents a CAGR of 49.66% over 5 yearsThe Market Cap of Shah Alloys Ltd changed from ₹ 16.1 crore on March 2021 to ₹ 91 crore on March 2025 . This represents a CAGR of 41.40% over 5 years The revenue of Electrotherm (India) Ltd for the Mar '26 is ₹ 1148 crore as compare to the Dec '25 revenue of ₹ 904.18 crore. This represent the growth of 26.99% The revenue of Shah Alloys Ltd for the Mar '26 is ₹ 2.25 crore as compare to the Dec '25 revenue of ₹ 64.94 crore. This represent the decline of -96.54% The ebitda of Electrotherm (India) Ltd for the Mar '26 is ₹ 32.75 crore as compare to the Dec '25 ebitda of ₹ -30.25 crore. This represent the decline of -208% The ebitda of Shah Alloys Ltd for the Mar '26 is ₹ -4.54 crore as compare to the Dec '25 ebitda of ₹ 61.93 crore. This represent the decline of -107% The net profit of Electrotherm (India) Ltd changed from ₹ 108.78 crore to ₹ 13.57 crore over 8 quarters. This represents a CAGR of -64.68% The net profit of Shah Alloys Ltd changed from ₹ -6.74 crore to ₹ -8.17 crore over 8 quarters. This represents a CAGR of 10.10% The Dividend Payout of Electrotherm (India) Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Dividend Payout of Shah Alloys Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .

About Electrotherm (India) Ltd

Electrotherm (India) Limited (EIL), incorporated in October, 1986, is a leading engineering company, known for providing best steel melting equipment globally.
The Company has significant presence in steel sector for TMT Bar and DI Pipe industry in India.
The Company is engaged in the business of manufacturing induction furnaces, TMT Bars, Ductile Iron Pipes (DI Pipes), Electric Vehicles, Transformers etc. EIL is manufacturing induction melting furnaces, TMT Bars, Ductile Iron Pipes (DI Pipes), Electric Vehicles, Transformers, Transmission Line Towers etc.
EIL is also into wind power generation.
Since its first order of 350-KW Medium frequency induction furnace in Jun 1983, it has installed over 300 induction furnaces allover India and abroad sofar.

About Shah Alloys Ltd

Incorporated in November, 1990, Shah Alloys Limited went public in 1992.
It was promoted by Rajendrabhai V Shah and Rajiniben R Shah.
The Company is engaged in the manufacture of Stainless Steel, Alloy & Special Steel, Carbon/ Mild Steel and Armour Steel in Flat and Long products of which it makes Hot Rolled Coils, Sheets & Plates , Cold Rolled Coils & Sheets , Hot Rolled Round Bars , Bright Round Bars , Hot Rolled Flat Bars , Angles, Beams etc. The company came out with a public issue in Dec.'92 to part-finance an expansion scheme, and to meet long-term working capital requirements.
The company has embarked on a Rs 6.53-cr project to manufacture stainless steel and other alloy products, financed by GIIC. It has put up a hot plate rolling mill at a cost of Rs 36.75 cr.
The company received the Dhatu Nayak Award for best performance in the stainless steel industry.

FAQs for the comparison of Electrotherm (India) Ltd and Shah Alloys Ltd

Which company has a larger market capitalization, Electrotherm (India) Ltd or Shah Alloys Ltd?

Market cap of Electrotherm (India) Ltd is 1,320 Cr while Market cap of Shah Alloys Ltd is 136 Cr

What are the key factors driving the stock performance of Electrotherm (India) Ltd and Shah Alloys Ltd?

The stock performance of Electrotherm (India) Ltd and Shah Alloys Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Electrotherm (India) Ltd and Shah Alloys Ltd?

As of June 3, 2026, the Electrotherm (India) Ltd stock price is INR ₹1036.6. On the other hand, Shah Alloys Ltd stock price is INR ₹69.0.

How do dividend payouts of Electrotherm (India) Ltd and Shah Alloys Ltd compare?

To compare the dividend payouts of Electrotherm (India) Ltd and Shah Alloys Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.