Iron & Steel Products
47 companies · ₹2.9 L cr · 5 with AI deep dives
5y revenue CAGR
median 13.99%(p25 8.48% · p75 21.62%)
5y avg ROCE
median 17.47%(p25 13.91% · p75 22.16%)
Debt / equity
median 0.23x(p25 0.07x · p75 0.42x)
AI sector brief
from the bucket's latest earnings calls · as of 2026-03-31tailwindQ4 FY26 broad-based volume surge — record or multi-year-high quarterly dispatches across four names4 managements
Four of five covered companies reported record or near-record quarterly volumes in Q4 FY26, making it the strongest output quarter on record for this cohort. APLAPOLLO reached…
- APLAPOLLO (Q4FY26): “9% increase in our quarterly volume on Y-o-Y basis. EBITDA per ton at upward of INR5,500…”
headwind3 managements🔒tailwind3 managements🔒headwind2 managements🔒headwind2 managements🔒tailwind3 managements🔒mixed3 managements🔒
6 more themes from this quarter's earnings calls are locked. A free account opens the full brief: every theme with verbatim management quotes, the demand picture, companies running against the tide, and the regulatory & disruption watch. Sign up free →
| Company | Mcap | AI verdict | Signals | Stated KPIs (latest call) |
|---|---|---|---|---|
| APL Apollo Tubes Ltd | ₹50,534 cr | 🔒 unlock to view | roce compounderearnings quality strongnet cashgross block efficient | |
| Welspun Corp Ltd | ₹36,904 cr | - | earnings quality strongcyclical high volatilitygross block efficient | |
| Shyam Metalics & Energy Ltd | ₹27,310 cr | 🔒 unlock to view | capex coming onlinemargin under pressureearnings quality strongnet cash | |
| Godawari Power & Ispat Ltd | ₹18,597 cr | 🔒 unlock to view | latent operating leveragemargin under pressureearnings quality strongnet cash | |
| Ratnamani Metals & Tubes Ltd | ₹18,084 cr | - | net cashcyclical high volatilitygross block efficient | |
| Gallantt Ispat Ltd. | ₹15,838 cr | - | earnings quality strongcyclical high volatilitygross block efficient | |
| Jindal Saw Ltd | ₹15,259 cr | - | earnings quality strongdeleveragingcyclical high volatility | |
| Usha Martin Ltd | ₹14,835 cr | - | net cashstory tensioncyclical high volatilitygross block efficient | |
| Jayaswal Neco Industries Ltd | ₹8,836 cr | - | margin under pressureearnings quality strongdeleveragingstory tension | |
| Maharashtra Seamless Ltd | ₹8,281 cr | - | net cashcyclical peak basecyclical high volatilitycapex intensity elevated | |
| Sunflag Iron & Steel Company Ltd | ₹6,329 cr | - | margin under pressurenet cashcyclical high volatilitygross block efficient | |
| Aeroflex Industries Ltd | ₹5,947 cr | - | net cashcapex intensity elevated | |
| Surya Roshni Ltd | ₹5,702 cr | 🔒 unlock to view | earnings quality strongnet cashcyclical high volatilitygross block efficient | |
| Technocraft Industries (India) Ltd | ₹5,689 cr | - | roce compoundercapex intensity elevatedgross block efficient | |
| Bansal Wire Industries Ltd | ₹4,759 cr | - | capex coming onlinegross block efficient | |
| Electrosteel Castings Ltd | ₹4,421 cr | - | capex coming onlineearnings quality strongcapex ahead of revenuecyclical peak base | |
| Goodluck India Ltd | ₹4,371 cr | 🔒 unlock to view | latent operating leverageroce compounderdeleveraginggross block efficient | |
| Man Industries (India) Ltd | ₹4,096 cr | - | capex coming onlineearnings quality strongcyclical high volatilitygross block efficient | |
| Shivalik Bimetal Controls Ltd | ₹4,029 cr | - | roce compoundermargin under pressurecyclical high volatilitygross block efficient | |
| Kalyani Steels Ltd | ₹3,497 cr | - | latent operating leveragecapex coming onlineearnings quality strongcapex ahead of revenue | |
| JTL Industries Ltd | ₹2,940 cr | - | latent operating leveragecapex coming onlinemargin under pressurecyclical high volatility | |
| Venus Pipes & Tubes Ltd | ₹2,919 cr | - | latent operating leveragecapex coming onlineroce compounderdeleveraging | |
| Vardhman Special Steels Ltd | ₹2,659 cr | - | capex coming onlineearnings quality strongcapex intensity elevatedgross block efficient | |
| MSP Steel & Power Ltd | ₹2,368 cr | - | deleveragingcyclical high volatilitygross block efficient | |
| Hi-Tech Pipes Ltd | ₹1,813 cr | - | margin under pressuregross block efficient | |
| Electrotherm (India) Ltd | ₹1,509 cr | - | earnings quality strongcyclical high volatilitygross block efficient | |
| Steel Exchange India Ltd | ₹1,467 cr | - | earnings quality strongdeleveragingstory tensioncyclical high volatility | |
| Bharat Wire Ropes Ltd | ₹1,433 cr | - | earnings quality strongnet cashcyclical high volatility | |
| Mahamaya Steel Industries Ltd | ₹1,405 cr | - | earnings quality strongcyclical high volatilitygross block efficient | |
| Hariom Pipe Industries Ltd | ₹1,273 cr | - | roce compounderearnings quality stronggross block efficient | |
| Aeroflex Enterprises Ltd | ₹1,239 cr | - | latent operating leveragenet cashstory tension | |
| Ratnaveer Precision Engineering Ltd | ₹1,169 cr | - | capex coming onlineearnings quality weakgross block efficient | |
| Manaksia Coated Metals & Industries Ltd | ₹1,149 cr | - | deleveragingcyclical high volatilitygross block efficient | |
| Gandhi Special Tubes Ltd | ₹1,029 cr | - | roce compoundercyclical high volatilitycapex intensity elevatedgross block efficient | |
| Rama Steel Tubes Ltd | ₹857 cr | - | cyclical peak basecyclical high volatilitygross block efficient | |
| Kamdhenu Ltd | ₹824 cr | - | roce compounderearnings quality strongcyclical high volatilitygross block efficient | |
| Shah Metacorp Ltd | ₹466 cr | - | deleveraging | |
| Manaksia Ltd | ₹375 cr | - | capex coming onlinenet cashcapex ahead of revenue | |
| Bedmutha Industries Ltd | ₹358 cr | - | capex coming onlineearnings quality strongdeleveraging | |
| D P Wires Ltd | ₹271 cr | - | margin under pressureearnings quality strongnet cash | |
| Vibhor Steel Tubes Ltd | ₹228 cr | - | earnings quality stronglevering up | |
| Incredible Industries Ltd | ₹163 cr | - | capex coming onlineearnings quality strongcapex ahead of revenue | |
| Shah Alloys Ltd | ₹135 cr | - | latent operating leveragedeleveraging | |
| Sarthak Metals Ltd | ₹96 cr | - | latent operating leveragemargin under pressurenet cash | |
| Zenith Steel Pipes & Industries Ltd | ₹85 cr | - | latent operating leverage | |
| Hisar Metal Industries Ltd | ₹83 cr | - | latent operating leveragemargin under pressureearnings quality strongdeleveraging | |
| Prakash Steelage Ltd | ₹76 cr | - | margin under pressureearnings quality weaknet cashcyclical peak base |