WEBSITE BSE:534748 NSE: STEEL EXCH Inc. Year: 1999 Industry: Steel/Sponge Iron/Pig Iron
Last updated: 15:49
Steel Exchange India Ltd is engaged in the business of manufacture and sale of iron and steel merchandise, and generation and sale of power. The Company's main commercial enterprise activities comprises Rebars (TMT) manufacturing, power and Rebars (TMT) buying and selling. The Company provides various products, which include TMT Bars, Sponge Iron, Steel Billet and Wire Drawing. The Company's commercial enterprise divisions consists of Trading Division, Steel Ingot Division, Wire Products Division and Integrated Steel Plant. The Trading departme...Read More
Steel Exchange India Ltd is engaged in the business of manufacture and sale of iron and steel merchandise, and generation and sale of power. The Company's main commercial enterprise activities comprises Rebars (TMT) manufacturing, power and Rebars (TMT) buying and selling. The Company provides various products, which include TMT Bars, Sponge Iron, Steel Billet and Wire Drawing. The Company's commercial enterprise divisions consists of Trading Division, Steel Ingot Division, Wire Products Division and Integrated Steel Plant. The Trading department offers various products from finished metal products to associated gadgets, such as semis, coal, scrap, Sponge Iron, amongst others. The Steel Ingot Division manufactures ingots the use of sponge iron and scrap/pig iron. The Wire Products Division produces high carbon metal wire merchandise. The Integrated Steel Plant (ISP) of the Company is positioned at Vizianagaram District and consists of gadgets, along with Sponge Iron Unit, Rolling Unit and Captive Power Plant, amongst others. ...Read Less
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Market Cap ₹1013 Cr.
Stock P/E 39.1
P/B 1.9
Current Price ₹8.1
Book Value ₹ 4.4
Face Value 1
52W High ₹11.5
Dividend Yield 0%
52W Low ₹ 7.2
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 251 | 269 | 256 | 313 | 264 | 261 | 328 | 291 | 300 | 232 |
| Other Income | 1 | 1 | 1 | 0 | 2 | 0 | 0 | 17 | 5 | 1 |
| Total Income | 252 | 270 | 258 | 313 | 266 | 261 | 328 | 308 | 305 | 233 |
| Total Expenditure | 231 | 250 | 233 | 279 | 239 | 234 | 288 | 259 | 269 | 204 |
| Operating Profit | 21 | 20 | 25 | 35 | 27 | 27 | 40 | 49 | 36 | 29 |
| Interest | 21 | 18 | 19 | 19 | 19 | 18 | 18 | 19 | 19 | 19 |
| Depreciation | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 7 | 7 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -5 | -4 | 0 | 10 | 3 | 3 | 16 | 24 | 10 | 2 |
| Provision for Tax | 0 | 0 | 0 | -10 | 0 | 0 | 0 | 20 | 0 | 0 |
| Profit After Tax | -5 | -4 | 0 | 20 | 3 | 3 | 16 | 5 | 10 | 2 |
| Adjustments | 0 | -0 | -0 | 0 | -0 | -0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | -5 | -4 | 0 | 20 | 3 | 3 | 16 | 5 | 10 | 2 |
| Adjusted Earnings Per Share | -0 | -0 | 0 | 0.2 | 0 | 0 | 0.1 | 0 | 0.1 | 0 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 1565 | 1671 | 1271 | 922 | 1024 | 781 | 898 | 1099 | 1375 | 1091 | 1144 | 1151 |
| Other Income | 12 | 11 | 8 | 8 | 14 | 15 | 36 | 22 | 7 | 6 | 20 | 23 |
| Total Income | 1578 | 1682 | 1279 | 930 | 1038 | 796 | 934 | 1122 | 1383 | 1098 | 1164 | 1174 |
| Total Expenditure | 1390 | 1519 | 1197 | 933 | 1009 | 715 | 795 | 995 | 1281 | 997 | 1020 | 1020 |
| Operating Profit | 187 | 163 | 82 | -3 | 29 | 81 | 140 | 126 | 102 | 100 | 144 | 154 |
| Interest | 128 | 123 | 157 | 136 | 10 | 3 | 26 | 88 | 106 | 78 | 75 | 75 |
| Depreciation | 25 | 27 | 30 | 29 | 30 | 27 | 25 | 24 | 24 | 21 | 24 | 26 |
| Exceptional Income / Expenses | 0 | 0 | -53 | -48 | -7 | -11 | 54 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 35 | 14 | -159 | -215 | -17 | 39 | 143 | 14 | -28 | 1 | 45 | 52 |
| Provision for Tax | 6 | 6 | -2 | -45 | 20 | -25 | 3 | -102 | 31 | -10 | 20 | 20 |
| Profit After Tax | 28 | 7 | -157 | -170 | -37 | 64 | 140 | 116 | -59 | 11 | 26 | 33 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 28 | 7 | -157 | -170 | -37 | 64 | 140 | 116 | -59 | 11 | 26 | 33 |
| Adjusted Earnings Per Share | 0.5 | 0.1 | -2.1 | -2.2 | -0.5 | 0.8 | 1.7 | 1.3 | -0.6 | 0.1 | 0.2 | 0.2 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 5% | 1% | 8% | -3% |
| Operating Profit CAGR | 44% | 5% | 12% | -3% |
| PAT CAGR | 136% | -39% | -16% | -1% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -14% | -14% | 9% | 11% |
| ROE Average | 6% | -4% | 12% | -2% |
| ROCE Average | 14% | 12% | 15% | 10% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 375 | 383 | 298 | 128 | 91 | 156 | 302 | 491 | 517 | 662 | 706 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 331 | 247 | 183 | 154 | 123 | 103 | 413 | 344 | 229 | 341 | 240 |
| Other Non-Current Liabilities | 102 | 95 | 98 | 54 | 74 | 49 | 52 | -69 | -38 | -28 | -8 |
| Total Current Liabilities | 1054 | 1142 | 1137 | 1198 | 1140 | 1079 | 222 | 280 | 384 | 221 | 316 |
| Total Liabilities | 1863 | 1868 | 1716 | 1533 | 1428 | 1387 | 989 | 1047 | 1092 | 1218 | 1254 |
| Fixed Assets | 614 | 591 | 695 | 717 | 691 | 666 | 612 | 596 | 579 | 570 | 613 |
| Other Non-Current Assets | 58 | 63 | 61 | 43 | 37 | 23 | 35 | 35 | 42 | 67 | 29 |
| Total Current Assets | 1190 | 1213 | 960 | 773 | 699 | 698 | 324 | 401 | 459 | 547 | 592 |
| Total Assets | 1863 | 1868 | 1716 | 1533 | 1428 | 1387 | 989 | 1047 | 1092 | 1218 | 1254 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 3 | 11 | 5 | 2 | 1 | 1 | 26 | 2 | 15 | 19 | 20 |
| Cash Flow from Operating Activities | 91 | 166 | -149 | 50 | 60 | 37 | 79 | 5 | 138 | -48 | 97 |
| Cash Flow from Investing Activities | -34 | -9 | -6 | -2 | -3 | -2 | 13 | 9 | -14 | -49 | -15 |
| Cash Flow from Financing Activities | -49 | -163 | 151 | -49 | -58 | -10 | -116 | -1 | -120 | 98 | -81 |
| Net Cash Inflow / Outflow | 8 | -5 | -4 | -0 | -1 | 25 | -23 | 13 | 4 | 1 | 1 |
| Closing Cash & Cash Equivalent | 11 | 5 | 2 | 1 | 1 | 26 | 2 | 15 | 19 | 20 | 21 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 0.55 | 0.1 | -2.07 | -2.24 | -0.48 | 0.85 | 1.74 | 1.32 | -0.57 | 0.09 | 0.22 |
| CEPS(Rs) | 1.03 | 0.45 | -1.68 | -1.86 | -0.09 | 1.2 | 2.05 | 1.59 | -0.33 | 0.27 | 0.41 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 4.43 | 3.44 | 0.88 | -1.36 | -1.86 | -1.01 | 0.78 | 2.93 | 2.76 | 3.48 | 3.85 |
| Core EBITDA Margin(%) | 10.81 | 8.74 | 5.57 | -1.18 | 1.44 | 8.44 | 11.53 | 9.46 | 6.8 | 8.62 | 10.82 |
| EBIT Margin(%) | 10.03 | 7.84 | -0.11 | -8.5 | -0.7 | 5.44 | 18.76 | 9.32 | 5.57 | 7.25 | 10.49 |
| Pre Tax Margin(%) | 2.15 | 0.79 | -11.94 | -23.06 | -1.67 | 4.99 | 15.85 | 1.32 | -2.04 | 0.12 | 3.98 |
| PAT Margin (%) | 1.76 | 0.42 | -11.81 | -18.27 | -3.57 | 8.2 | 15.55 | 10.58 | -4.24 | 1 | 2.27 |
| Cash Profit Margin (%) | 3.3 | 1.95 | -9.58 | -15.16 | -0.69 | 11.67 | 18.3 | 12.74 | -2.48 | 2.95 | 4.33 |
| ROA(%) | 1.78 | 0.4 | -8.77 | -10.47 | -2.48 | 4.57 | 11.78 | 11.44 | -5.5 | 0.94 | 2.1 |
| ROE(%) | 12.95 | 3.01 | -95.7 | 0 | 0 | 0 | 0 | 72.61 | -21.62 | 3.09 | 5.91 |
| ROCE(%) | 20.29 | 14.06 | -0.14 | -7.86 | -0.78 | 4.69 | 23.47 | 16.97 | 11.49 | 10.84 | 14.27 |
| Receivable days | 58.78 | 60.37 | 66.09 | 61.37 | 24.36 | 17.92 | 18.87 | 24.39 | 26.88 | 48 | 58.52 |
| Inventory Days | 142.76 | 146.79 | 185.83 | 238.29 | 208.49 | 272.25 | 156.31 | 71.49 | 68.25 | 96.55 | 96.01 |
| Payable days | 155.48 | 154.53 | 116.1 | 47.19 | 50.47 | 73.01 | 52.77 | 36.31 | 35.03 | 55.85 | 54.56 |
| PER(x) | 7.05 | 36.7 | 0 | 0 | 0 | 1.53 | 3.6 | 18.14 | 0 | 152.04 | 35.94 |
| Price/Book(x) | 0.87 | 1.04 | 9.23 | -1.82 | -0.94 | -1.29 | 7.98 | 8.2 | 4.93 | 3.97 | 2.02 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 0.54 | 0.52 | 1.25 | 1.35 | 1.12 | 1.39 | 1.04 | 2.31 | 1.26 | 1.85 | 1.11 |
| EV/Core EBITDA(x) | 4.48 | 5.36 | 19.39 | -482.59 | 39.49 | 13.35 | 6.71 | 20.08 | 17.05 | 20.09 | 8.83 |
| Net Sales Growth(%) | 24.68 | 6.76 | -23.95 | -27.45 | 11.05 | -23.74 | 15.06 | 22.38 | 25.1 | -20.66 | 4.83 |
| EBIT Growth(%) | 35.85 | -16.01 | -101.03 | -5549.76 | 90.9 | 691.57 | 296.04 | -39.24 | -24.65 | 2.36 | 51.67 |
| PAT Growth(%) | -20.56 | -74.03 | -2226.44 | -8.25 | 78.44 | 275.29 | 117.7 | -16.78 | -150.52 | 118.5 | 138.24 |
| EPS Growth(%) | -20.56 | -82.24 | -2226.35 | -8.25 | 78.44 | 275.29 | 105.78 | -24.05 | -142.81 | 116.06 | 138.17 |
| Debt/Equity(x) | 3.1 | 2.4 | 14.69 | -10.35 | -7.24 | -13.28 | 6.94 | 1.71 | 1.19 | 0.92 | 0.78 |
| Current Ratio(x) | 1.13 | 1.06 | 0.84 | 0.65 | 0.61 | 0.65 | 1.46 | 1.43 | 1.2 | 2.47 | 1.87 |
| Quick Ratio(x) | 0.48 | 0.43 | 0.28 | 0.16 | 0.09 | 0.11 | 0.59 | 0.58 | 0.46 | 1.14 | 0.9 |
| Interest Cover(x) | 1.27 | 1.11 | -0.01 | -0.58 | -0.72 | 12.29 | 6.44 | 1.16 | 0.73 | 1.02 | 1.61 |
| Total Debt/Mcap(x) | 3.56 | 2.48 | 1.59 | 5.69 | 7.68 | 10.31 | 0.87 | 0.21 | 0.24 | 0.23 | 0.38 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 55.92 | 55.92 | 55.41 | 49.56 | 52.9 | 52.9 | 52.9 | 52.9 | 50.8 | 50.8 |
| FII | 4.01 | 3.87 | 1.47 | 0.69 | 0.69 | 0.69 | 0.72 | 0.42 | 0.29 | 0.3 |
| DII | 0.92 | 0.92 | 1.52 | 1.52 | 1.52 | 1.52 | 1.52 | 1.85 | 2.83 | 2.83 |
| Public | 39.15 | 39.29 | 41.6 | 48.22 | 44.88 | 44.88 | 44.85 | 44.83 | 46.08 | 46.06 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 66.36 | 66.36 | 66.36 | 59.36 | 63.36 | 63.36 | 63.36 | 63.36 | 63.36 | 63.36 |
| FII | 4.76 | 4.59 | 1.76 | 0.83 | 0.83 | 0.83 | 0.86 | 0.5 | 0.36 | 0.38 |
| DII | 1.09 | 1.09 | 1.82 | 1.82 | 1.83 | 1.83 | 1.83 | 2.21 | 3.53 | 3.53 |
| Public | 46.45 | 46.62 | 49.82 | 57.75 | 53.75 | 53.75 | 53.72 | 53.7 | 57.47 | 57.45 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 118.66 | 118.66 | 119.76 | 119.76 | 119.76 | 119.76 | 119.76 | 119.76 | 124.72 | 124.72 |
* The pros and cons are machine generated.
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