Steel Exchange India Ltd

Steel Exchange India Ltd

₹ 13.8 -1.08%
19 Apr - close price
About

Incorporated in 1999, Steel Exchange India Ltd. is engaged in manufacturing and sale of steel and related products and generation of power. [1]

Key Points

History
Steel Exchange India Ltd was incorporated in 1999 as Pyxis Technology Solutions Ltd. In December 1999 the Steel Exchange India Ltd was incorporated as a 100 percent subsidiary of Pyxis Technologies. The promoters ventured into steel manufacturing by acquiring Simhadri Steels in 2004. Under a Scheme of Amalgamation approved by the Members of the Companies, SEIL(subsidiary) and Simhadri Steels were merged with Pyxis Technologies under the name of Steel Exchange India Ltd. Simhadri Power Ltd was later merged to Steel Exchange India Ltd In the Year 2014. [1]

  • Market Cap 1,638 Cr.
  • Current Price 13.8
  • High / Low 18.4 / 7.80
  • Stock P/E 422
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 1.00

Pros

Cons

  • Company has low interest coverage ratio.
  • Promoters have pledged 65.4% of their holding.
  • Earnings include an other income of Rs.18.6 Cr.

* 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

Sector: Steel Industry: Steel - Medium / Small

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006
506
510
Operating Profit -4
OPM % -1%
19
Interest 6
Depreciation 2
Profit before tax 6
Tax % 35%
4
EPS in Rs 0.27
Dividend Payout % 37%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Stock Price CAGR
10 Years: 11%
5 Years: 53%
3 Years: 30%
1 Year: -20%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006
Equity Capital 14
Reserves 8
Preference Capital 1
50
47
Total Liabilities 120
26
CWIP 3
Investments 0
91
Total Assets 120

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006
-8
-5
15
Net Cash Flow 3

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006
Debtor Days 17
Inventory Days 32
Days Payable 16
Cash Conversion Cycle 32
Working Capital Days 31
ROCE %

Shareholding Pattern

Numbers in percentages

23 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
49.78% 49.78% 49.78% 49.78% 49.78% 49.79% 49.79% 50.94% 55.92% 55.92% 55.92% 55.41%
4.27% 4.50% 5.14% 6.65% 6.40% 6.35% 5.91% 4.52% 4.30% 4.01% 3.87% 1.47%
4.59% 4.36% 4.35% 4.51% 4.35% 0.89% 0.89% 0.75% 0.66% 0.66% 0.66% 1.26%
0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.30% 0.26% 0.26% 0.26% 0.26%
41.01% 41.01% 40.37% 38.71% 39.12% 42.61% 43.06% 43.48% 38.86% 39.13% 39.29% 41.61%
No. of Shareholders 48,11348,01149,31147,13650,40667,10373,43973,14879,46198,4701,40,7832,70,147

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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