Steel Exchange India
Industrial Products
STEELXIND NSE
₹10.84 +0.14 (+1.31%)
- P/E
- 41.69
Close 4 Nov 2026 ₹10.84 +1.57 +16.9% 1Y
Start ₹9.27
Key Fundamentals
MicrocapIndustrial ProductsCapital GoodsPrice-based figures as of · EPS basis: Standalone · TTM
- ROCE
- 9.34%
- Debt to Equity
- 0.54
- EPS (TTM)
- ₹0.26
- Book Value
- ₹3.68
- Market Cap
- —
- P/E (TTM)
- 41.69
- P/B
- 2.95
- ROE
- 2.82%
- Dividend Yield
- 0.00%
- EBITDA
- ₹138 Cr
- 52W High
- ₹13.95
- 52W Low
- ₹7.00
- Day Range
- ₹10.75 – ₹11.48
- Volume
- 75,83,295
Peer Comparison
Industrials › Industrial Products › Iron & Steel Products
| ₹2,400.00 | 27.41 | ₹60,980 Cr | 5.96 | 0.22% | 19.40% | 22.90% | ₹17,300 Cr | ₹2,319 Cr | |
| ₹2,199.80 | 49.69 | ₹60,246 Cr | 10.64 | 0.39% | 25.40% | 31.80% | ₹23,065 Cr | ₹1,229 Cr | |
| ₹1,231.40 | 30.60 | ₹34,478 Cr | 2.78 | 0.15% | 9.70% | 13.00% | ₹19,584 Cr | ₹1,121 Cr | |
| ₹2,449.40 | 39.67 | ₹17,025 Cr | 4.18 | 0.42% | 12.60% | 17.90% | ₹4,314 Cr | ₹514 Cr | |
| ₹253.22 | 29.51 | ₹15,754 Cr | 1.28 | 0.81% | 8.20% | 10.40% | ₹18,501 Cr | ₹498 Cr | |
| ₹486.00 | 29.21 | ₹14,245 Cr | 4.49 | 0.81% | 15.10% | 19.50% | ₹3,837 Cr | ₹508 Cr | |
| ₹529.15 | 29.28 | ₹12,939 Cr | 3.66 | 0.38% | 15.60% | 18.20% | ₹4,437 Cr | ₹436 Cr | |
| Steel Exchange India (this company) | ₹10.84 | 41.69 | ₹1,393 Cr | 2.95 | 0.00% | 2.82% | 9.34% | ₹1,029 Cr | ₹31 Cr |
| Median 8 companies | ₹880.28 | 30.06 | ₹16,390 Cr | 3.92 | 0.39% | 13.85% | 18.05% | ₹10,869 Cr | ₹511 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
25 Poor
Data confidence 100/100
pledge:100%
Category scores
- Quality
- 26
- Poor
- Returns, margins, earnings quality 22% weight
- Valuation
- 37
- Poor
- Cheap vs sector & own history 24% weight
- Growth
- 10
- Poor
- Sales & profit trajectory 9% weight
- Financial Health
- 27
- Poor
- Solvency, leverage, coverage 9% weight
- Momentum
- 43
- Weak
- Trend strength, vol-adjusted 12% weight
- Ownership
- 22
- Poor
- FII/DII/promoter flows 24% weight
Capped: a governance trigger overrides the
fundamentals here (pledge>75% ≤ 40).
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
No strengths listed
Weaknesses
6- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -1.13%
- The company has delivered a poor sales growth of 3.24% over past five years.
- Company has a low return on equity of 1.71% over last 3 years.
- Promoters have pledged 100.0% of their holding.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bullish | 2 | 6 | 11 |
| Oscillators | Bullish | 1 | 6 | 2 |
| Moving Averages | Strong Bullish | 1 | 0 | 9 |
Oscillators
Bullish
Bearish
1
Neutral
6
Bullish
2
Overall
Strong Bullish
Bearish
2
Neutral
6
Bullish
11
Moving Averages
Strong Bullish
Bearish
1
Neutral
0
Bullish
9
Key readings
- RSI (14)
- 57.16
- Neutral
- MACD (12,26,9)
- −0.19
- Bullish
- SMA (50)
- 10.81
- Bullish
- SMA (200)
- 10.18
- Bullish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | −4.43% |
|---|---|
| 5Y | +3.26% |
| 3Y | −8.48% |
| 1Y | −7.54% |
| TTM | −12.80% |
Net profit
| 10Y | +14.45% |
|---|---|
| 5Y | −28.05% |
| 3Y | Turned to profit |
| 1Y | +3.85% |
| TTM | −8.82% |
Operating cash flow
| 10Y | Turned negative |
|---|---|
| 5Y | Turned negative |
| 3Y | Turned negative |
| 1Y | Turned negative |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | +3.26 pp |
|---|---|
| 5Y | −2.49 pp |
| 3Y | +5.38 pp |
| 1Y | +1.55 pp |
| TTM | +1.91 pp |
Revenue by year
| Mar 2017 | ₹1,271 Cr |
|---|---|
| Mar 2018 | ₹922 Cr |
| Mar 2019 | ₹1,024 Cr |
| Mar 2020 | ₹781 Cr |
| Mar 2021 | ₹898 Cr |
| Mar 2022 | ₹1,099 Cr |
| Mar 2023 | ₹1,375 Cr |
| Mar 2024 | ₹1,088 Cr |
| Mar 2025 | ₹1,140 Cr |
| Mar 2026 | ₹1,054 Cr |
Net profit by year
| Mar 2017 | −₹157 Cr |
|---|---|
| Mar 2018 | −₹170 Cr |
| Mar 2019 | −₹37.00 Cr |
| Mar 2020 | ₹64.00 Cr |
| Mar 2021 | ₹140 Cr |
| Mar 2022 | ₹116 Cr |
| Mar 2023 | −₹59.00 Cr |
| Mar 2024 | ₹11.00 Cr |
| Mar 2025 | ₹26.00 Cr |
| Mar 2026 | ₹27.00 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 251 | 269 | 256 | 312 | 264 | 261 | 328 | 291 | 300 | 232 | 240 | 287 | 270 |
| Expenses | 231 | 250 | 233 | 279 | 239 | 234 | 288 | 259 | 269 | 204 | 218 | 238 | 235 |
| Operating Profit | 20 | 19 | 23 | 34 | 25 | 27 | 39 | 33 | 31 | 27 | 22 | 50 | 34 |
| OPM % | 8% | 7% | 9% | 11% | 10% | 10% | 12% | 11% | 10% | 12% | 9% | 17% | 13% |
| Other Income | 1 | 1 | 1 | 1 | 2.61 | 0.74 | 0 | 17 | 5 | 1 | 1 | 0 | 1 |
| Interest | 21 | 18 | 19 | 19 | 19 | 18 | 18 | 19 | 19 | 19 | 14 | 18 | 14 |
| Depreciation | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 6 |
| PBT | −5 | −4 | 0 | 10 | 3 | 3 | 16 | 24 | 10 | 2 | 2 | 26 | 15 |
| Tax % | 0% | 0% | 0% | −95% | 0% | 0% | 0% | 80% | 0% | 0% | 0% | 52% | 0% |
| Net Profit | −5 | −4 | 0 | 20 | 3 | 3 | 16 | 5 | 10 | 2 | 2 | 12 | 15 |
| EPS (₹) | −0.05 | −0.03 | 0 | 0.16 | 0.02 | 0.02 | 0.13 | 0.04 | 0.09 | 0.02 | 0.02 | 0.1 | 0.12 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,562 | 1,658 | 1,271 | 922 | 1,024 | 781 | 898 | 1,099 | 1,375 | 1,088 | 1,140 | 1,054 | 1,029 |
| Expenses | 1,387 | 1,506 | 1,197 | 933 | 1,000 | 710 | 764 | 993 | 1,279 | 989 | 1,016 | 923 | 895 |
| Operating Profit | 175 | 152 | 74 | −11 | 24 | 71 | 134 | 106 | 97 | 98 | 124 | 131 | 134 |
| OPM % | 11% | 9% | 6% | −1.2% | 2.3% | 9% | 15% | 10% | 7% | 9% | 11% | 12% | 13% |
| Other Income | 12 | 11 | −46 | −39 | −1 | −1 | 77 | 20 | 5 | 2 | 19 | 7 | 3 |
| Interest | 128 | 123 | 157 | 136 | 10 | 3 | 26 | 88 | 106 | 78 | 75 | 69 | 65 |
| Depreciation | 25 | 27 | 30 | 29 | 30 | 27 | 43 | 24 | 24 | 21 | 24 | 28 | 27 |
| PBT | 35 | 14 | −159 | −215 | −17 | 39 | 143 | 14 | −28 | 1 | 46 | 40 | 45 |
| Tax % | 18% | 46% | −1% | −21% | 114% | −64% | 2% | −704% | 108% | −757% | 43% | 33% | — |
| Net Profit | 28 | 7 | −157 | −170 | −37 | 64 | 140 | 116 | −59 | 11 | 26 | 27 | 32 |
| EPS (₹) | 0.55 | 0.14 | −2.07 | −2.24 | −0.48 | 0.85 | 1.74 | 1.32 | −0.57 | 0.09 | 0.22 | 0.22 | 0.26 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 52 | 76 | 76 | 76 | 76 | 76 | 80 | 88 | 104 | 120 | 120 | 125 |
| Reserves | 323 | 288 | 222 | 52 | 15 | 80 | 222 | 403 | 413 | 542 | 586 | 643 |
| Borrowings | 713 | 692 | 982 | 1,069 | 1,021 | 1,014 | 438 | 458 | 359 | 382 | 358 | 418 |
| Other Liabilities | 774 | 811 | 436 | 337 | 315 | 217 | 249 | 168 | 256 | 224 | 220 | 190 |
| Total Liabilities | 1,863 | 1,868 | 1,716 | 1,533 | 1,428 | 1,387 | 989 | 1,117 | 1,132 | 1,268 | 1,284 | 1,375 |
| Fixed Assets | 614 | 591 | 695 | 717 | 691 | 666 | 612 | 596 | 579 | 570 | 613 | 590 |
| CWIP | 46 | 53 | 54 | 5 | 4 | 4 | 6 | 7 | 13 | 30 | 3 | 6 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 1,202 | 1,223 | 966 | 811 | 732 | 717 | 371 | 514 | 540 | 668 | 668 | 779 |
| Total Assets | 1,863 | 1,868 | 1,716 | 1,533 | 1,428 | 1,387 | 989 | 1,117 | 1,132 | 1,268 | 1,284 | 1,375 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 91 | 166 | −149 | 50 | 60 | 37 | 79 | 5 | 138 | −48 | 97 | −38 |
| Investing | −34 | −9 | −6 | −2 | −3 | −2 | 13 | 9 | −14 | −49 | −15 | 8 |
| Financing | −49 | −163 | 151 | −49 | −58 | −10 | −116 | −1 | −120 | 98 | −81 | 25 |
| Net Cash Flow | 8 | −5 | −4 | 0 | −1 | 25 | −23 | 13 | 4 | 1 | 1 | −5 |
| Free Cash Flow | 56 | 158 | −155 | 49 | 57 | 34 | 92 | 15 | 124 | −97 | 82 | −30 |
| CFO/EBITDA | 52 | 105 | −200 | −460 | 252 | 52 | 59 | 5 | 142 | −49 | 78 | −25 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 72 | 59 | 62 | 39 | 14 | 18 | 22 | 31 | 30 | 59 | 62 | 77 |
| Inventory Days | 195 | 190 | 215 | 268 | 257 | 344 | 100 | 98 | 88 | 123 | 126 | 183 |
| Days Payable | 169 | 153 | 36 | 45 | 59 | 65 | 49 | 33 | 45 | 52 | 58 | 49 |
| Cash Conversion Cycle | 99 | 96 | 241 | 262 | 212 | 297 | 74 | 95 | 73 | 129 | 129 | 210 |
| Working Capital Days | 15 | −4 | −56 | −172 | −159 | −191 | 40 | 35 | 15 | 103 | 82 | 132 |
| ROCE % | 18% | 13% | 4% | −3% | 0% | 5% | 11% | 10% | 8% | 8% | 10% | 9% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Steel Exchange India insights
70 extracted metrics across FY11–FY27.
Documents
- Q4 FY26 concall · Jun 2026Transcript
- Q1 FY26 concall · Aug 2025Transcript PPT Recording
- Concall · May 2021PPT
- Q3 FY21 concall · Feb 2021PPT
- 7 Oct 2026
- 24 Sep 2026
- 20 Jan 2026
- 20 Jan 2026
- 2 Jan 2026
- General announcements 31 Oct 2026
- General announcements 13 Oct 2026
- General announcements 8 Oct 2026
- General announcements 7 Oct 2026
Frequently Asked Questions about Steel Exchange India
What does Steel Exchange India Ltd do?
Incorporated in 1999, Steel Exchange India Ltd manufactures steel products, trading of related products and generation and sale of power
Where is Steel Exchange India Ltd (STEELXIND) listed?
Steel Exchange India Ltd trades as STEELXIND on the NSE and under code 534748 on the BSE.
Which sector does Steel Exchange India Ltd belong to?
Steel Exchange India Ltd is classified under the Industrial Products sector, in the Iron & Steel Products industry.
What is the PE ratio of Steel Exchange India Ltd?
Steel Exchange India Ltd trades at a PE ratio of 41.69 as of 4 Nov 2026, on earnings per share of ₹0.26, against a book value of ₹3.68 per share.
What is the 52-week high and low of Steel Exchange India Ltd?
Over the last 52 weeks Steel Exchange India Ltd has traded between ₹7 and ₹13.95 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Steel Exchange India Ltd?
Steel Exchange India Ltd reported a return on equity of 2.82%. Its debt-to-equity ratio is 0.54.
Company Information
Incorporated in 1999, Steel Exchange India Ltd manufactures steel products, trading of related products and generation and sale of power
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