Newmalayalam Steel Ltd vs Scan Steels Ltd Stock Comparison

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Last Updated on: Jun 03, 2026

Key Highlights

The Latest Trading Price of Newmalayalam Steel Ltd is ₹ 23.3 as of 03 Jun 15:30 . The P/E Ratio of Newmalayalam Steel 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 Newmalayalam Steel 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 Newmalayalam Steel 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 Newmalayalam Steel 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 Newmalayalam Steel 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 Newmalayalam Steel 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 Newmalayalam Steel Ltd

Newmalayalam Steel Limited was incorporated on March 31, 2017 as NewMalayalam Steel Private Limited', a Private Limited Company with Registrar of Companies, Central Registration Centre.
Further, Company was converted into a Public Limited Company and the name was changed to Newmalayalam Steel Limited' and a fresh Certificate of Incorporation dated February 1, 2024 was issued by the Central Processing Centre.
Company is engaged in manufacturing galvanised pipes, tubes, and sheets. The Company took over the entire business of M/s.
Demac Steel on a going concern basis, through the Business Transfer Agreement in August 2017.
In 2018, the Company commenced manufacturing of galvanised pipes, tubes, and sheets by installing another electric resistance welding tube mill of an installed capacity of 3,500 MT in their manufacturing unit at Thrissur, in Kerala.

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 Newmalayalam Steel Ltd and Scan Steels Ltd

Which company has a larger market capitalization, Newmalayalam Steel Ltd or Scan Steels Ltd?

Market cap of Newmalayalam Steel Ltd is 40 Cr while Market cap of Scan Steels Ltd is 224 Cr

What are the key factors driving the stock performance of Newmalayalam Steel Ltd and Scan Steels Ltd?

The stock performance of Newmalayalam Steel 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 Newmalayalam Steel Ltd and Scan Steels Ltd?

As of June 3, 2026, the Newmalayalam Steel Ltd stock price is INR ₹23.3. On the other hand, Scan Steels Ltd stock price is INR ₹37.01.

How do dividend payouts of Newmalayalam Steel Ltd and Scan Steels Ltd compare?

To compare the dividend payouts of Newmalayalam Steel 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.

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.