About
Steel Exchange India Limited engages in the manufacture and sale of steel products under the SIMHADRI TMT brand name in India. It operates through three segments: Iron and Steel, Power, and Logistics. The company offers rebar and wires; billets and ingots; sponge iron and pig iron; steel scrap and structural; iron ore; and mill scale and other products. It also deals in various finished steel products, including semis, coal, scrap, and others. In addition, the company generates and sell power from waste heat recovery boilers. Further, it provides infrastructure and logistics services, including transportation, material handling, warehousing, loading and unloading, railway siding operations, and other allied services. Steel Exchange India Limited was incorporated in 1999 and is based in Visakhapatnam, India.
Key Metrics
as of Sep 2026Market Cap1,444 Cr
P/E45.40
Div Yield0.00 %
Book Value—
52w High₹14.00
52w Low₹6.97
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 270.00 | 287.00 | 240.00 | 232.00 | 300.00 | 291.00 | 328.00 | 261.00 | 264.00 | 312.00 | 256.00 | 269.00 | 251.00 |
| Expenses | 235.00 | 238.00 | 218.00 | 204.00 | 269.00 | 259.00 | 288.00 | 234.00 | 239.00 | 279.00 | 233.00 | 250.00 | 231.00 |
| Operating Profit | 34.00 | 50.00 | 22.00 | 27.00 | 31.00 | 33.00 | 39.00 | 27.00 | 25.00 | 34.00 | 23.00 | 19.00 | 20.00 |
| OPM % | 13.00 | 17.00 | 9.00 | 12.00 | 10.00 | 11.00 | 12.00 | 10.00 | 10.00 | 11.00 | 9.00 | 7.00 | 8.00 |
| Other Income | 1.00 | 0.00 | 1.00 | 1.00 | 5.00 | 17.00 | 0.00 | 0.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Depreciation | 6.00 | 7.00 | 7.00 | 7.00 | 7.00 | 6.00 | 6.00 | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | 6.00 |
| Interest | 14.00 | 18.00 | 14.00 | 19.00 | 19.00 | 19.00 | 18.00 | 18.00 | 19.00 | 19.00 | 19.00 | 18.00 | 21.00 |
| Profit before tax | 15.00 | 26.00 | 2.00 | 2.00 | 10.00 | 24.00 | 16.00 | 3.00 | 3.00 | 10.00 | 0.00 | -4.00 | -5.00 |
| Tax % | 0.00 | 52.00 | 0.00 | 0.00 | 0.00 | 80.00 | 0.00 | 0.00 | 0.00 | -95.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 15.00 | 12.00 | 2.00 | 2.00 | 10.00 | 5.00 | 16.00 | 3.00 | 3.00 | 20.00 | 0.00 | -4.00 | -5.00 |
| EPS in Rs | 0.12 | 0.10 | 0.02 | 0.02 | 0.09 | 0.04 | 0.13 | 0.02 | 0.02 | 0.16 | 0.00 | -0.03 | -0.05 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,054.00 | 1,140.00 | 1,088.00 | 1,375.00 | 1,099.00 | 898.00 | 781.00 | 1,024.00 | 922.00 | 1,271.00 | 1,658.00 | 1,562.00 |
| Expenses | 923.00 | 1,016.00 | 989.00 | 1,279.00 | 993.00 | 764.00 | 710.00 | 1,000.00 | 933.00 | 1,197.00 | 1,506.00 | 1,387.00 |
| Operating Profit | 131.00 | 124.00 | 98.00 | 97.00 | 106.00 | 134.00 | 71.00 | 24.00 | -11.00 | 74.00 | 152.00 | 175.00 |
| OPM % | 12.00 | 11.00 | 9.00 | 7.00 | 10.00 | 15.00 | 9.00 | 2.30 | -1.20 | 6.00 | 9.00 | 11.00 |
| Other Income | 7.00 | 19.00 | 2.00 | 5.00 | 20.00 | 77.00 | -1.00 | -1.00 | -39.00 | -46.00 | 11.00 | 12.00 |
| Interest | 69.00 | 75.00 | 78.00 | 106.00 | 88.00 | 26.00 | 3.00 | 10.00 | 136.00 | 157.00 | 123.00 | 128.00 |
| Depreciation | 28.00 | 24.00 | 21.00 | 24.00 | 24.00 | 43.00 | 27.00 | 30.00 | 29.00 | 30.00 | 27.00 | 25.00 |
| Profit before tax | 40.00 | 46.00 | 1.00 | -28.00 | 14.00 | 143.00 | 39.00 | -17.00 | -215.00 | -159.00 | 14.00 | 35.00 |
| Tax % | 33.00 | 43.00 | -757.00 | 108.00 | -704.00 | 2.00 | -64.00 | 114.00 | -21.00 | -1.00 | 46.00 | 18.00 |
| Net Profit | 27.00 | 26.00 | 11.00 | -59.00 | 116.00 | 140.00 | 64.00 | -37.00 | -170.00 | -157.00 | 7.00 | 28.00 |
| EPS in Rs | 0.22 | 0.22 | 0.09 | -0.57 | 1.32 | 1.74 | 0.85 | -0.48 | -2.24 | -2.07 | 0.14 | 0.55 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 125.00 | 120.00 | 120.00 | 104.00 | 88.00 | 80.00 | 76.00 | 76.00 | 76.00 | 76.00 | 76.00 | 52.00 |
| Reserves | 643.00 | 586.00 | 542.00 | 413.00 | 403.00 | 222.00 | 80.00 | 15.00 | 52.00 | 222.00 | 288.00 | 323.00 |
| Borrowings | 418.00 | 358.00 | 382.00 | 359.00 | 458.00 | 438.00 | 1,014.00 | 1,021.00 | 1,069.00 | 982.00 | 692.00 | 713.00 |
| Other Liabilities | 190.00 | 220.00 | 224.00 | 256.00 | 168.00 | 249.00 | 217.00 | 315.00 | 337.00 | 436.00 | 811.00 | 774.00 |
| Total Liabilities | 1,375.00 | 1,284.00 | 1,268.00 | 1,132.00 | 1,117.00 | 989.00 | 1,387.00 | 1,428.00 | 1,533.00 | 1,716.00 | 1,868.00 | 1,863.00 |
| Fixed Assets | 590.00 | 613.00 | 570.00 | 579.00 | 596.00 | 612.00 | 666.00 | 691.00 | 717.00 | 695.00 | 591.00 | 614.00 |
| CWIP | 6.00 | 3.00 | 30.00 | 13.00 | 7.00 | 6.00 | 4.00 | 4.00 | 5.00 | 54.00 | 53.00 | 46.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 779.00 | 668.00 | 668.00 | 540.00 | 514.00 | 371.00 | 717.00 | 732.00 | 811.00 | 966.00 | 1,223.00 | 1,202.00 |
| Total Assets | 1,375.00 | 1,284.00 | 1,268.00 | 1,132.00 | 1,117.00 | 989.00 | 1,387.00 | 1,428.00 | 1,533.00 | 1,716.00 | 1,868.00 | 1,863.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -38.00 | 97.00 | -48.00 | 138.00 | 5.00 | 79.00 | 37.00 | 60.00 | 50.00 | -149.00 | 166.00 | 91.00 |
| Cash from Investing Activity | 8.00 | -15.00 | -49.00 | -14.00 | 9.00 | 13.00 | -2.00 | -3.00 | -2.00 | -6.00 | -9.00 | -34.00 |
| Cash from Financing Activity | 25.00 | -81.00 | 98.00 | -120.00 | -1.00 | -116.00 | -10.00 | -58.00 | -49.00 | 151.00 | -163.00 | -49.00 |
| Net Cash Flow | -5.00 | 1.00 | 1.00 | 4.00 | 13.00 | -23.00 | 25.00 | -1.00 | 0.00 | -4.00 | -5.00 | 8.00 |
| Free Cash Flow | -30.00 | 82.00 | -97.00 | 124.00 | 15.00 | 92.00 | 34.00 | 57.00 | 49.00 | -155.00 | 158.00 | 56.00 |
| CFO/OP % | -25.00 | 78.00 | -49.00 | 142.00 | 5.00 | 59.00 | 52.00 | 252.00 | -460.00 | -200.00 | 105.00 | 52.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 77.00 | 62.00 | 59.00 | 30.00 | 31.00 | 22.00 | 18.00 | 14.00 | 39.00 | 62.00 | 59.00 | 72.00 |
| Inventory Days | 183.00 | 126.00 | 123.00 | 88.00 | 98.00 | 100.00 | 344.00 | 257.00 | 268.00 | 215.00 | 190.00 | 195.00 |
| Days Payable | 49.00 | 58.00 | 52.00 | 45.00 | 33.00 | 49.00 | 65.00 | 59.00 | 45.00 | 36.00 | 153.00 | 169.00 |
| Cash Conversion Cycle | 210.00 | 129.00 | 129.00 | 73.00 | 95.00 | 74.00 | 297.00 | 212.00 | 262.00 | 241.00 | 96.00 | 99.00 |
| Working Capital Days | 132.00 | 82.00 | 103.00 | 15.00 | 35.00 | 40.00 | -191.00 | -159.00 | -172.00 | -56.00 | -4.00 | 15.00 |
| ROCE % | 9.00 | 10.00 | 8.00 | 8.00 | 10.00 | 11.00 | 5.00 | 0.00 | -3.00 | 4.00 | 13.00 | 18.00 |
Corporate Actions
22 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 03 Jan 2025 | — | — | — | E.G.M. |
| Other | 20 Sep 2024 | — | — | — | Annual General Meeting |
| Other | 04 Mar 2024 | — | — | — | E.G.M. |
| Other | 04 Mar 2024 | — | — | — | Extra Ordinary General Meeting |
| Other | 11 Dec 2023 | — | — | — | E.G.M. |
| Other | 11 Dec 2023 | — | — | — | Extra Ordinary General Meeting |
| Other | 22 Sep 2023 | — | — | — | Annual General Meeting |
| Other | 12 May 2023 | — | — | — | E.G.M. |
| Other | 12 May 2023 | — | — | — | Extra Ordinary General Meeting |
| Split | 12 Jul 2022 | 13 Jul 2022 | 10:1 | — | |
| Other | 16 Jun 2022 | — | — | — | Annual General Meeting |
| Other | 02 Nov 2021 | — | — | — | E.G.M. |
| Other | 02 Nov 2021 | — | — | — | Extra General Meeting |
| Other | 16 Sep 2021 | — | — | — | Annual General Meeting |
| Other | 07 Jan 2021 | — | — | — | E.G.M. |
| Other | 07 Jan 2021 | — | — | — | Extra Ordinary General Meeting |
| Other | 21 Sep 2020 | — | — | — | Annual General Meeting |
| Other | 20 Sep 2019 | — | — | — | Annual General Meeting |
| Other | 18 Sep 2018 | — | — | — | Annual General Meeting |
| Other | 01 Sep 2017 | — | — | — | Annual General Meeting |
| Other | 15 Jun 2017 | 17 Jun 2017 | — | — | E.G.M. |
| Other | 13 Dec 2016 | 14 Dec 2016 | — | — | E.G.M. |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
-
Rating update20 Jan from infomerics
-
Rating update20 Jan from infomerics
-
Rating update2 Jan from infomerics
-
Rating update8 Oct 2025 from care
-
Rating update25 Mar 2025 from infomerics
-
Rating update9 Oct 2024 from care