Heera Ispat Ltd vs Scan Steels Ltd Stock Comparison
Heera Ispat Ltd vs Scan Steels Ltd Stock Comparison
Last Updated on: Jun 04, 2026
Key Highlights
The Latest Trading Price of Heera Ispat Ltd is ₹ 8.61 as of 03 Jun 15:30
. The P/E Ratio of Heera Ispat Ltd is 0 as of March 2023
.The P/E Ratio of Scan Steels Ltd is 9.4 as of March 2023
. The Market Cap of Heera Ispat Ltd is ₹ 0 crore as of March 2023
.The Market Cap of Scan Steels Ltd is ₹ 144.91 crore as of March 2023
. The revenue of Heera Ispat Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 revenue of ₹ 0 crore. This represent the decline of 0% The revenue of Scan Steels Ltd for the Mar '26 is ₹ 283.18 crore as compare to the Dec '25 revenue of ₹ 191.63 crore. This represent the growth of 47.77% The ebitda of Heera Ispat Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 ebitda of ₹ 0 crore. This represent the decline of 0% The ebitda of Scan Steels Ltd for the Mar '26 is ₹ 15.2 crore as compare to the Dec '25 ebitda of ₹ 10.41 crore. This represent the growth of 46.01% The net profit of Heera Ispat Ltd changed from ₹ 0 crore to ₹ 0 crore over 8 quarters. This represents a CAGR of 0.0%
The net profit of Scan Steels Ltd changed from ₹ 14.59 crore to ₹ 6.91 crore over 8 quarters. This represents a CAGR of -31.18%
The Dividend Payout of Heera Ispat 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 Scan Steels Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .
About Heera Ispat Ltd
Heera Ispat Limited was incorporated on August 5, 1992 in Gujarat.
The Company obtained Certificate of Commencement of Business on 10th August 1992 and is presently engaged in the Metal and Ferrous business.
The Company set up medium scale induction furnace plant in Gujarat for manufacture of 20,000 M.T. per annum of different type of steels like mild steel, Law carbon Steel, Alloy/ Special Steels and Stainless Steel.
After incorporation, promoters conducted a market survey in steel & related market to arrive at the most potential line of business in the steel industry which is alloy steel, billets and ingots etc.
Thereafter the task of Preparation of Project Report was taken up and the same was submitted to GITCO for appraisal which was done in November 1993.
As per the implementation schedule, Company has given in selection of land, Plant & Machinery and other infrastructural facilities.
About Scan Steels Ltd
Scan Steels Limited was formerly incorporated as Mittal Securities Private Limited on January 18, 1994 as a Private Limited Company.
The Company converted in the Public Limited Company on 18 October 1994 and the name was changed to Mittal Securities Finance Limited.
On November 7, 2007, it changed to Clarus Finance & Securities Limited and to Clarus Infrastructure Realties Limited on March 31, 2010 and once again attained the name to 'Scan Steels Limited' with effect from 26 September, 2014.
The Company is engaged in steel manufacturing business such as TMT Re-Bars, Sponge Iron, MS Billets/ Ingots and also generating power for captive consumption.
The Company has manufacturing plants in Odisha and Karnataka.
It operate a production capacity of 3,34,400 MT of TMT Plant.
Initially, the Company engaged in the business of Finance Investment and Trading in Shares and Securities.
FAQs for the comparison of Heera Ispat Ltd and Scan Steels Ltd
Which company has a larger market capitalization, Heera Ispat Ltd or Scan Steels Ltd?
Market cap of Heera Ispat Ltd is 5 Cr while Market cap of Scan Steels Ltd is 224 Cr
What are the key factors driving the stock performance of Heera Ispat Ltd and Scan Steels Ltd?
The stock performance of Heera Ispat Ltd and Scan Steels 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 Heera Ispat Ltd and Scan Steels Ltd?
As of June 4, 2026, the Heera Ispat Ltd stock price is INR ₹8.61. On the other hand, Scan Steels Ltd stock price is INR ₹37.01.
How do dividend payouts of Heera Ispat Ltd and Scan Steels Ltd compare?
To compare the dividend payouts of Heera Ispat Ltd and Scan Steels 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.
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