CRISIL reaffirms Scan Steels at CRISIL BBB+
Scan Steels (SCANSTL) said CRISIL has reaffirmed its credit rating at CRISIL BBB+. The company is valued at about ₹255 crore.
What happened
Scan Steels (SCANSTL) told the exchanges on 5 November 2026 at 06:36 PM that CRISIL has reaffirmed its credit rating at CRISIL BBB+.
From the filing: "The details of the above credit rating are available on the Company's website at www.scansteels.com."
Company snapshot
Scan Steels is a micro-cap company, with a market value of about ₹255 crore.
The stock last traded at ₹42.03, against a 52-week range of ₹31.35–₹68.81 (38.9% below the high).
Before this filing the shares had moved −12.8% over the month and −29.5% over three months. Average daily turnover over the last 20 sessions was about ₹0.12 crore.
Promoters held 49.29% at the end of Q1 FY27, up 0.40% points from the previous quarter. Foreign institutions owned 1.98% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 232 | 10 | 1.71 |
| Q2 FY26 | 133 | -0.3 | -0.04 |
| Q3 FY26 | 192 | 3.1 | 0.53 |
| Q4 FY26 | 282 | 6.9 | 1.18 |
| Q1 FY27 | 258 | 13 | 2.13 |
What history shows
BCEIE's records show 1 previous credit rating filing from the company since May 2026.
Market-wide, 1,411 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Whether other agencies take a similar view on the company's credit.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.