Steel Exchange

Why is Steel Exchange India Ltd falling/rising?

As of 02-Sep, Steel Exchange India Ltd's stock price is currently at 10.61, reflecting a 0.28% increase and outperforming its sector. Despite recent declines, the stock has strong year-to-date gains and increased investor interest, indicating a positive long-term trend.

As of 02-Sep, Steel Exchange India Ltd's stock price is rising, currently at 10.61, with a change of 0.03 (0.28%) upward. This increase is notable as it has outperformed its sector by 0.97% today. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 28.17% compared to the 5-day average, indicating growing interest in the stock. <BR><BR>Despite a decline over the past week and month, where the stock fell by 2.03% and 5.35% respectively, it has shown strong year-to-date performance with a gain of 10.64%, and a notable increase of 17.24% over the past year. The stock is currently trading above its 200-day moving average, although it is below the shorter-term moving averages of 5, 20, 50, and 100 days. This suggests that while there may be short-term fluctuations, the longer-term trend remains positive. <BR><BR>Overall, the combination of today's performance, increased trading volume, and solid year-to-date returns contributes to the stock's rising price.

Which are the latest news on Steel Exchange?

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, totaling a diverse group of leaders.

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.

What does Steel Exchange do?

Steel Exchange India Ltd is a leading manufacturer of TMT Rebars and steel products, incorporated in 1999 and part of the Vizag Profiles Group, with a market cap of INR 1,348 Cr and recent net sales of 270 Cr and net profit of 15 Cr as of June 2026. Key metrics include a P/E of 43.00 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 in the Iron & Steel Products industry within the Micro Cap market segment.<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 net profit for June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 270 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 15 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 1,348 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 43.00 <BR>Industry P/E: 25 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.52 <BR>Return on Equity: 4.14% <BR>Price to Book: 1.79 <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

Who are the peers of the Steel Exchange?

Peers of Steel Exchange include MSP Steel & Pow., Hi-Tech Pipes, Aeroflex Enter., and others. Aeroflex Enter. shows excellent management and growth, while Steel Exchange has below-average management risk and a 1-year return of 20.78%.

Peers: The peers of Steel Exchange are MSP Steel & Pow., Hi-Tech Pipes, Aeroflex Enter., Rhetan TMT Ltd, Manaksia Coated, Electrotherm(I), Bharat Wire, Cosmic CRF, and Mangalam World.<BR><BR>Quality Snapshot: Excellent management risk is observed at Aeroflex Enter., while Good management risk is found at Hi-Tech Pipes, Average management risk is noted at Manaksia Coated and the rest. Below Average management risk is seen at MSP Steel & Pow., Rhetan TMT Ltd, Steel Exchange, Bharat Wire, and Cosmic CRF. Growth is Excellent at Aeroflex Enter. and Cosmic CRF, Average at Hi-Tech Pipes and Manaksia Coated, and Below Average at MSP Steel & Pow., Rhetan TMT Ltd, Steel Exchange, and the rest. Capital Structure is Excellent at Aeroflex Enter., Average at Hi-Tech Pipes and Manaksia Coated, and Below Average at MSP Steel & Pow., Rhetan TMT Ltd, Steel Exchange, Bharat Wire, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Aeroflex Enter. at 58.66%, while the lowest is Manaksia Coated at -15.17%. Steel Exchange's own 1-year return is 20.78%, which is higher than Manaksia Coated but lower than Aeroflex Enter. Additionally, the six-month return is negative for Rhetan TMT Ltd, Bharat Wire, and Mangalam World.

How big is Steel Exchange?

As of 31st August, Steel Exchange India Ltd has a market capitalization of 1,348.00 Cr, with Net Sales of 857.04 Cr and a Net Profit of 37.63 Cr over the latest four quarters. Shareholder's Funds are 767.86 Cr, and Total Assets are valued at 1,353.31 Cr.

As of 31st August, Steel Exchange India Ltd has a market capitalization of 1,348.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 857.04 Cr and a Net Profit of 37.63 Cr.<BR><BR>For the latest reporting period, Shareholder's Funds amounted to 767.86 Cr, while Total Assets were valued at 1,353.31 Cr.

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.

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.