Steel Exchange

Why is Steel Exchange India Ltd falling/rising?

As of 07-Aug, Steel Exchange India Ltd's stock price is at 11.24, reflecting a decline of 1.92%. The stock has underperformed its sector and shows a significant drop over the past month, indicating a challenging environment with decreased investor participation.

As of 07-Aug, Steel Exchange India Ltd's stock price is falling, currently at 11.24, which reflects a decrease of 0.22 or 1.92%. The stock has underperformed its sector by 1.97% today and has been on a consecutive decline for the past two days, resulting in a total drop of 2.35% during this period. <BR><BR>In terms of performance over different time frames, the stock has seen a significant decline of 11.22% over the past month, while it has shown a year-to-date increase of 17.21%. However, the recent trend indicates weakness, as the stock is currently lower than its 5-day, 20-day, and 50-day moving averages, despite being above the 100-day and 200-day moving averages. <BR><BR>Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 10.87% compared to the 5-day average. This decline in trading activity may contribute to the downward pressure on the stock price. Overall, these factors indicate a challenging environment for Steel Exchange India Ltd, leading to its current price decline.

Which are the latest news on Steel Exchange?

Should I buy, sell or hold Steel Exchange India Ltd?

Are Steel Exchange India Ltd latest results good or bad?

Steel Exchange India Ltd's latest results are mixed; while net profit increased by 21.50% to ₹15.03 crore, revenue declined by 6.13% and operating margins fell significantly, indicating underlying challenges in the business. Investors should approach with caution due to these mixed signals.

Steel Exchange India Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹15.03 crore for Q1 FY27, which is a 21.50% increase compared to the previous quarter. This indicates a positive trend in profitability. However, the revenue declined by 6.13% quarter-over-quarter to ₹269.71 crore, reflecting a challenging demand environment in the domestic steel sector.<BR><BR>Additionally, the operating margin fell significantly by 461 basis points to 12.70%, suggesting that the company is facing pricing pressure and possibly rising input costs. This margin compression is concerning as it indicates difficulties in converting sales into profits effectively.<BR><BR>While the net profit growth is encouraging, it is largely attributed to a reduction in interest costs and the absence of tax liabilities, rather than improvements in operational performance. The overall financial health appears to be under strain, especially given the decline in revenue and operating margins.<BR><BR>In summary, while Steel Exchange India Ltd has shown resilience in profit generation, the underlying challenges in revenue and margins suggest a cautious outlook. Investors should be aware of these mixed signals when evaluating the company's performance.

When is the next results date for Steel Exchange India Ltd?

The next results date for Steel Exchange India Ltd is 20 July 2026.

The next results date for Steel Exchange India Ltd is scheduled for 20 July 2026.

How big is Steel Exchange?

As of 10th June, Steel Exchange India Ltd has a market capitalization of 1,560.00 Cr, with recent net sales of 1,059.44 Cr and a net profit of 26.99 Cr. Shareholder's funds are 705.98 Cr, and total assets amount to 1,254.08 Cr.

As of 10th June, Steel Exchange India Ltd has a market capitalization of 1,560.00 Cr, classified as a Micro Cap.<BR><BR>In the latest four quarters, the company reported Net Sales of 1,059.44 Cr and a Net Profit of 26.99 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 705.98 Cr and Total Assets of 1,254.08 Cr.

Who are in the management team of Steel Exchange?

The management team of Steel Exchange includes B Satish Kumar (Chairman & Managing Director), B Suresh Kumar and Bandi Ramesh Kumar (Joint Managing Directors), along with several independent directors and other key members, bringing diverse expertise to the company.

The management team of Steel Exchange includes the following key members:<BR><BR>1. **B Satish Kumar** - Chairman & Managing Director<BR>2. **B Suresh Kumar** - Joint Managing Director<BR>3. **Bandi Ramesh Kumar** - Joint Managing Director & CFO<BR>4. **V V Krishna Rao** - Director<BR>5. **B Suresh** - Director<BR>6. **R Ramachandra Rao** - Independent Director<BR>7. **C Siva Prasad** - Independent Director<BR>8. **K Krishna Rao** - Independent Director<BR>9. **Sujata Chattopadhyay** - Independent Director<BR>10. **Emandi Sankara Rao** - Independent Director<BR>11. **Shyam Jagetiya** - Nominee<BR>12. **Siva Sagar Rao Yendamuri** - Independent Director<BR>13. **Veera Brahma Rao Arekapudi** - Independent Director<BR>14. **Mohit Sai Kumar Bandi** - Additional Director<BR>15. **M Raveendra Babu** - Company Secretary & Compliance Officer<BR><BR>This team brings a diverse range of expertise and leadership to the company.

Who are the peers of the Steel Exchange?

Peers of Steel Exchange include JTL Industries, Vardhman Special, Rhetan TMT Ltd, and others. Steel Exchange has below-average management risk and a 1-year return of 34.75%, lower than Mahamaya Steel's 187.56% but higher than Hi-Tech Pipes' -19.44%.

Peers: The peers of Steel Exchange are JTL Industries, Vardhman Special, Rhetan TMT Ltd, MSP Steel & Pow., Hi-Tech Pipes, Electrotherm(I), Mahamaya Steel, Bharat Wire, BMW Industries, and Hariom Pipe.<BR><BR>Quality Snapshot: Excellent management risk is observed at JTL Industries, while Good management risk is found at Vardhman Special and Hi-Tech Pipes. Average management risk is present at BMW Industries, and Below Average management risk is noted at Rhetan TMT Ltd, MSP Steel & Pow., Mahamaya Steel, Steel Exchange, and Bharat Wire. Growth is rated as Excellent at Hariom Pipe, Good at Rhetan TMT Ltd and Bharat Wire, Average at Hi-Tech Pipes, and Below Average at JTL Industries, Vardhman Special, MSP Steel & Pow., Mahamaya Steel, Steel Exchange, and the rest. Capital Structure is Excellent at JTL Industries, Good at Vardhman Special and Bharat Wire, Average at Hi-Tech Pipes and Mahamaya Steel, and Below Average at Rhetan TMT Ltd, MSP Steel & Pow., Steel Exchange, and the rest.<BR><BR>Return Snapshot: Mahamaya Steel has the highest 1-year return at 187.56%, while Hi-Tech Pipes has the lowest at -19.44%. Steel Exchange's 1-year return of 34.75% is significantly higher than Hi-Tech Pipes but lower than Mahamaya Steel. Additionally, the six-month returns are negative for Vardhman Special, Hi-Tech Pipes, and Bharat Wire.

What does Steel Exchange do?

Steel Exchange India Ltd is a micro-cap manufacturer of TMT Rebars and steel products, established in 1999, with a market cap of INR 1,560 Cr and reported net sales of 287 Cr and net profit of 12 Cr for March 2026. Key financial metrics include a P/E ratio of 55.00 and a debt-equity ratio of 0.52.

Overview: <BR>Steel Exchange India Ltd is a leading manufacturer of TMT Rebars and other steel products, operating within the Iron & Steel Products industry and classified as a Micro Cap company.<BR><BR>History: <BR>Incorporated in 1999, Steel Exchange India Ltd is the flagship company of the Vizag Profiles Group. The latest quarterly results reported net sales and profit for March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 287 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 12 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 1,560 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 55.00 <BR>Industry P/E: 26 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.52 <BR>Return on Equity: 3.52% <BR>Price to Book: 1.99 <BR><BR>Contact Details: <BR>Address: Flat No 303 My Home Laxminivas, Greenlands Ameerpet Hyderabad Telangana : 500016 <BR>Tel: 91-040-23403725 <BR>Email: cs@seil.co.in <BR>Website: http://www.seil.co.in

Is Steel Exchange technically bullish or bearish?

As of December 4, 2025, the technical trend is mildly bearish due to bearish momentum indicated by the weekly MACD and KST, along with confirmation from Bollinger Bands, despite some mildly bullish signals from daily moving averages.

As of 4 December 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, primarily driven by the weekly MACD and KST indicators, both indicating bearish momentum. The Bollinger Bands also confirm a bearish outlook on both weekly and monthly time frames. Although the daily moving averages show a mildly bullish signal, this is outweighed by the overall bearish indicators in the weekly and monthly analyses. The Dow Theory supports a mildly bearish stance as well. The stock has underperformed significantly compared to the Sensex over multiple time frames, reinforcing the bearish sentiment.

Is Steel Exchange overvalued or undervalued?

As of December 3, 2025, Steel Exchange is considered very attractive and undervalued with a PE Ratio of 32.88, significantly lower than peers like JSW Steel and Tata Steel, despite a recent stock decline of 20.42% compared to the Sensex's gain of 5.27%.

As of 3 December 2025, the valuation grade for Steel Exchange has moved from attractive to very attractive. The company is currently considered undervalued based on its financial metrics. Key ratios include a PE Ratio of 32.88, an EV to EBITDA of 10.87, and a Price to Book Value of 1.44, which suggest that the stock is trading at a reasonable valuation compared to its earnings and book value.<BR><BR>In comparison to its peers, Steel Exchange's PE Ratio is significantly lower than that of JSW Steel, which stands at 45.69, indicating that Steel Exchange may offer better value for investors. Additionally, Tata Steel, which has a PE Ratio of 27.99, also highlights the attractiveness of Steel Exchange's valuation. Despite recent stock performance lagging behind the Sensex, particularly in the past year with a decline of 20.42% compared to the Sensex's gain of 5.27%, the underlying fundamentals suggest that Steel Exchange presents a compelling investment opportunity at its current price of 8.69.

How has been the historical performance of Steel Exchange?

Steel Exchange's historical performance shows a decline in net sales from 1,388.33 Cr in Mar'23 to 1,144.02 Cr in Mar'25, but it has improved operational efficiency with a recovery in operating profit and a positive profit after tax of 25.93 Cr in Mar'25, following significant losses in previous years. Total assets increased to 1,254.08 Cr in Mar'25, reflecting a positive shift in financial metrics.

Answer:<BR>The historical performance of Steel Exchange shows a fluctuating trend in its financial metrics over the years.<BR><BR>Breakdown:<BR>Steel Exchange's net sales have seen a decline from 1,388.33 Cr in Mar'23 to 1,144.02 Cr in Mar'25, with a slight increase from 1,089.17 Cr in Mar'24. The total operating income followed a similar trend, peaking in Mar'23 and then decreasing to 1,144.02 Cr in Mar'25. The raw material costs increased from 572.21 Cr in Mar'21 to 788.89 Cr in Mar'25, while the total expenditure (excluding depreciation) rose from 710.06 Cr in Mar'20 to 1,019.77 Cr in Mar'25. Operating profit (PBDIT) showed a recovery to 143.60 Cr in Mar'25 from a low of 1.27 Cr in Mar'24, indicating improved operational efficiency. Profit before tax also improved significantly to 45.50 Cr in Mar'25, recovering from a loss of 28.32 Cr in Mar'23. Profit after tax turned positive at 25.93 Cr in Mar'25 after a significant loss of 58.85 Cr in Mar'23. The company's total assets increased to 1,254.08 Cr in Mar'25 from 1,091.94 Cr in Mar'23, while total liabilities also rose to 1,254.08 Cr in Mar'25. Cash flow from operating activities improved to 96.00 Cr in Mar'25, contrasting with a negative cash flow of 47.00 Cr in Mar'24, reflecting a positive shift in cash management. Overall, Steel Exchange has shown resilience in recovering from previous losses and improving its financial metrics in recent years.

Who are the top shareholders of the Steel Exchange?

The top shareholders of Steel Exchange are primarily its promoters, with Umashiv Garments Private Ltd holding 20.55% and a pledged promoter holding of 99.9475%. Vishwa Samudra Holdings Private Limited is the largest public shareholder at 5.05%, while individual investors own 31.69%, and mutual funds and foreign institutional investors hold minimal stakes.

The top shareholders of Steel Exchange are primarily its promoters, with a significant pledged promoter holding of 99.9475%. The promoter with the highest stake is Umashiv Garments Private Ltd, which holds 20.55% of the shares. Additionally, Vishwa Samudra Holdings Private Limited is the highest public shareholder, owning 5.05%. Individual investors collectively hold 31.69% of the shares, while mutual funds and foreign institutional investors (FIIs) have minimal holdings, with mutual funds holding 0.0% and FIIs holding 0.72% across seven entities.

Has Steel Exchange declared dividend?

Steel Exchange India Ltd has declared a 10% dividend, amounting to ₹1 per share, with an ex-date of September 24, 2009. Despite the dividend declaration, total returns have shown significant fluctuations, with negative returns in the short term and substantial gains over the long term, while the dividend yield remains at 0%.

Steel Exchange India Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: 24 Sep 09<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -24.17%, the dividend return was 0%, resulting in a total return of -24.17%.<BR><BR>In the 1-year period, the price return was -33.88%, the dividend return was 0%, resulting in a total return of -33.88%.<BR><BR>In the 2-year period, the price return was -44.89%, the dividend return was 0%, resulting in a total return of -44.89%.<BR><BR>In the 3-year period, the price return was -44.32%, the dividend return was 0%, resulting in a total return of -44.32%.<BR><BR>In the 4-year period, the price return was 45.38%, the dividend return was 0%, resulting in a total return of 45.38%.<BR><BR>In the 5-year period, the price return was 456.22%, the dividend return was 0%, resulting in a total return of 456.22%.<BR><BR>Overall, while Steel Exchange has declared a dividend, the total returns over various periods indicate significant fluctuations, with negative returns in the shorter terms and substantial gains over the longer term. The lack of dividend yield suggests that dividends have not contributed to returns in recent years.