Steel Exchange India Ltd
Incorporated in 1999, Steel Exchange India Ltd manufactures steel products, trading of related products and generation and sale of power[1]
- Market Cap ₹ 1,064 Cr.
- Current Price ₹ 8.53
- High / Low ₹ 11.6 / 7.06
- Stock P/E 54.9
- Book Value ₹ 6.02
- Dividend Yield 0.00 %
- ROCE 9.84 %
- ROE 2.43 %
- Face Value ₹ 1.00
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 7.86% over past five years.
- Company has a low return on equity of -1.77% over last 3 years.
- Promoters have pledged 100.0% of their holding.
- Debtor days have increased from 50.0 to 61.6 days.
- Company's cost of borrowing seems high
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Iron & Steel Products
Part of BSE Allcap BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,252 | 1,562 | 1,658 | 1,271 | 922 | 1,024 | 781 | 898 | 1,099 | 1,375 | 1,088 | 1,140 | 1,064 | |
| 1,124 | 1,387 | 1,506 | 1,197 | 933 | 1,000 | 710 | 764 | 993 | 1,279 | 989 | 1,016 | 949 | |
| Operating Profit | 127 | 175 | 152 | 74 | -11 | 24 | 71 | 134 | 106 | 97 | 98 | 124 | 114 |
| OPM % | 10% | 11% | 9% | 6% | -1% | 2% | 9% | 15% | 10% | 7% | 9% | 11% | 11% |
| 7 | 12 | 11 | -46 | -39 | -1 | -1 | 77 | 20 | 5 | 2 | 19 | 23 | |
| Interest | 80 | 128 | 123 | 157 | 136 | 10 | 3 | 26 | 88 | 106 | 78 | 75 | 71 |
| Depreciation | 15 | 25 | 27 | 30 | 29 | 30 | 27 | 43 | 24 | 24 | 21 | 24 | 27 |
| Profit before tax | 39 | 35 | 14 | -159 | -215 | -17 | 39 | 143 | 14 | -28 | 1 | 46 | 39 |
| Tax % | 8% | 18% | 46% | -1% | -21% | 114% | -64% | 2% | -704% | 108% | -757% | 43% | |
| 36 | 28 | 7 | -157 | -170 | -37 | 64 | 140 | 116 | -59 | 11 | 26 | 19 | |
| EPS in Rs | 0.69 | 0.55 | 0.14 | -2.07 | -2.24 | -0.48 | 0.85 | 1.74 | 1.32 | -0.57 | 0.09 | 0.22 | 0.17 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | 8% |
| 3 Years: | 1% |
| TTM: | -9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | -26% |
| 3 Years: | -45% |
| TTM: | -53% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 8% |
| 3 Years: | -19% |
| 1 Year: | 5% |
| Return on Equity | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 6% |
| 3 Years: | -2% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 52 | 52 | 76 | 76 | 76 | 76 | 76 | 80 | 88 | 104 | 120 | 120 | 125 |
| Reserves | 266 | 323 | 288 | 222 | 52 | 15 | 80 | 222 | 403 | 413 | 542 | 586 | 626 |
| 399 | 713 | 692 | 982 | 1,069 | 1,021 | 1,014 | 438 | 458 | 359 | 382 | 358 | 358 | |
| 624 | 774 | 811 | 436 | 337 | 315 | 217 | 249 | 168 | 256 | 224 | 220 | 275 | |
| Total Liabilities | 1,342 | 1,863 | 1,868 | 1,716 | 1,533 | 1,428 | 1,387 | 989 | 1,117 | 1,132 | 1,268 | 1,284 | 1,384 |
| 350 | 614 | 591 | 695 | 717 | 691 | 666 | 612 | 596 | 579 | 570 | 613 | 602 | |
| CWIP | 9 | 46 | 53 | 54 | 5 | 4 | 4 | 6 | 7 | 13 | 30 | 3 | 3 |
| Investments | 35 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 948 | 1,202 | 1,223 | 966 | 811 | 732 | 717 | 371 | 514 | 540 | 668 | 668 | 778 | |
| Total Assets | 1,342 | 1,863 | 1,868 | 1,716 | 1,533 | 1,428 | 1,387 | 989 | 1,117 | 1,132 | 1,268 | 1,284 | 1,384 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 147 | 91 | 166 | -149 | 50 | 60 | 37 | 79 | 5 | 138 | -48 | 97 | |
| -46 | -34 | -9 | -6 | -2 | -3 | -2 | 13 | 9 | -14 | -49 | -15 | |
| -102 | -49 | -163 | 151 | -49 | -58 | -10 | -116 | -1 | -120 | 98 | -81 | |
| Net Cash Flow | -1 | 8 | -5 | -4 | -0 | -1 | 25 | -23 | 13 | 4 | 1 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 62 | 72 | 59 | 62 | 39 | 14 | 18 | 22 | 31 | 30 | 59 | 62 |
| Inventory Days | 218 | 195 | 190 | 215 | 268 | 257 | 344 | 100 | 98 | 88 | 123 | 126 |
| Days Payable | 185 | 169 | 153 | 36 | 45 | 59 | 65 | 49 | 33 | 45 | 52 | 58 |
| Cash Conversion Cycle | 95 | 99 | 96 | 241 | 262 | 212 | 297 | 74 | 95 | 73 | 129 | 129 |
| Working Capital Days | 3 | 15 | -4 | -56 | -172 | -159 | -191 | 40 | 35 | 15 | 103 | 82 |
| ROCE % | 17% | 18% | 13% | 4% | -3% | -0% | 5% | 11% | 10% | 8% | 8% | 10% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Captive Thermal Power Plant Capacity MW |
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| Installed Capacity - SMS Billets TPA |
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| Installed Capacity - Sponge Iron TPA |
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| Installed Capacity - TMT Bars (Rolling Mill) TPA |
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| Power Plant Load Factor (PLF) % |
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| Total Manufacturing Production MT |
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Documents
Announcements
- Intimation Of Cut-Off Date And Book Closure For The Purpose Of 1St EGM For FY 2025-26 Of The Company Scheduled On 30Th March, 2026. 16h
- Notice Of Extra-Ordinary General Meeting To Be Held On 30Th March, 2026. 16h
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
2d - SEIL to raise INR350Cr via preferential issue; IMR Group subscribing INR300Cr via warrants (05-Mar-2026).
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2d
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Announcement under Regulation 30 (LODR)-Preferential Issue
2d - Approved up to 36,14,60,300 warrants (Rs350 crore); EGM notice approved; NCD charge upgraded to first charge.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Aug 2025Transcript PPT REC
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May 2021TranscriptAI SummaryPPT
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Feb 2021TranscriptAI SummaryPPT
Business Overview:[1]
SEIL is the flagship company of the Vizag Profiles group. It manufactures Thermo mechanically treated (TMT) Bars under the brand SIMHADRI TMT with products such as Simhadri TMT Fe500D, Fe550D and Fe500D CRS with sizes ranging from 8mm to 32mm, Bi. They manufacture TMT Bars, Billets and Sponge Iron at their Integrated Steel Plant