Steel Exchange India Ltd (STEELXIND) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Comparison

Company

Score

Quality

Valuation

Financial

Technical

Mangalam World.

Ratnaveer Precis

Bharat Wire

Gandhi Spl. Tube

Aeroflex Enter.

Steel Exchange

Hariom Pipe

Beekay Steel Ind

Electrotherm(I)

Cosmic CRF

Scoda Tubes

Why is Steel Exchange India Ltd ?

Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 1.17

Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 1.17

Negative results in Sep 25

PAT(Q) At Rs 2.11 cr has Fallen at -74.9% (vs previous 4Q average)
OPERATING PROFIT TO INTEREST (Q) Lowest at 1.42 times
DEBTORS TURNOVER RATIO(HY) Lowest at 4.58 times

99.95% of Promoter Shares are Pledged

In falling markets, high promoter pledged shares puts additional downward pressure on the stock prices

Consistent Underperformance against the benchmark over the last 3 years

Along with generating -25.59% returns in the last 1 year, the stock has also underperformed BSE500 in each of the last 3 annual periods

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Iron & Steel Products)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Steel Exchange for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Steel Exchange

-25.4%

-0.64

39.95%

Sensex

7.25%

0.62

11.73%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

10.91%

EBIT Growth (5y)

37.27%

EBIT to Interest (avg)

1.17

Debt to EBITDA (avg)

4.45

Net Debt to Equity (avg)

0.46

Sales to Capital Employed (avg)

1.22

Tax Ratio

37.24%

Dividend Payout Ratio

Pledged Shares

99.95%

Institutional Holding

3.12%

ROCE (avg)

9.04%

ROE (avg)

10.92%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.32

EV to EBIT

12.69

EV to EBITDA

10.16

EV to Capital Employed

1.22

EV to Sales

1.16

PEG Ratio

1.66

Dividend Yield

ROCE (Latest)

9.61%

ROE (Latest)

4.39%

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Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bullish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Mildly Bullish (Daily)

KST

Bearish

Dow Theory

Mildly Bearish

OBV

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

6What is working for the Company

PAT(Latest six months)

At Rs 12.34 cr has Grown at 132.83%

ROCE(HY)

Highest at 11.53%

-19What is not working for the Company

PAT(Q)

At Rs 2.11 cr has Fallen at -74.9% (vs previous 4Q average

OPERATING PROFIT TO INTEREST (Q)

Lowest at 1.42 times

DEBTORS TURNOVER RATIO(HY)

Lowest at 4.58 times

NET SALES(Q)

Lowest at Rs 231.76 cr

PBT LESS OI(Q)

Lowest at Rs 0.96 cr.

NON-OPERATING INCOME(Q)

is 54.50 % of Profit Before Tax (PBT

EPS(Q)

Lowest at Rs 0.02

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Here's what is not working for Steel Exchange

Net Sales - Quarterly

At Rs 231.76 cr has Fallen at -21.4% (vs previous 4Q average)

over average Net Sales of the previous four quarters of Rs 295.00 Cr

MOJO Watch

Near term sales trend is very negative

Net Sales (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly

At Rs 0.96 cr has Fallen at -87.6% (vs previous 4Q average)

over average PBT of the previous four quarters of Rs 7.77 Cr

MOJO Watch

Near term PBT trend is very negative

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly

At Rs 2.11 cr has Fallen at -74.9% (vs previous 4Q average)

over average PAT of the previous four quarters of Rs 8.39 Cr

MOJO Watch

Near term PAT trend is very negative

PAT (Rs Cr)

Operating Profit to Interest - Quarterly

Lowest at 1.42 times

in the last five quarters

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Net Sales - Quarterly

Lowest at Rs 231.76 cr

in the last five quarters

MOJO Watch

Near term sales trend is negative

Net Sales (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly

Lowest at Rs 0.96 cr.

in the last five quarters

MOJO Watch

Near term PBT trend is negative

PBT less Other Income (Rs Cr)

Non Operating Income - Quarterly

is 54.50 % of Profit Before Tax (PBT)

MOJO Watch

The company's income from non business activities is high; which is not a sustainable business model

Non Operating Income to PBT

Earnings per Share (EPS) - Quarterly

Lowest at Rs 0.02

in the last five quarters

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (Rs)

Debtors Turnover Ratio- Half Yearly

Lowest at 4.58 times

in the last five half yearly periods

MOJO Watch

Company's pace of settling its Debtors has slowed

Debtors Turnover Ratio