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Steel Exchange India Ltd

STEELXIND

Steel Exchange India Ltd

STEELXIND
MaterialsIron & Steel
SmallcapWith a market cap of ₹976 cr, stock is ranked 1,407
Moderate RiskStock is 2.91x as volatile as Nifty
8.150.37% (+0.03)
8.150.37% (+0.03)

Price Chart

High
Low
Returns
1D
1W
1M
1Y
5Y
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SIP
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1D
1W
1M
1Y
5Y
Max
SIP
MaterialsIron & Steel
SmallcapWith a market cap of ₹976 cr, stock is ranked 1,407
Moderate RiskStock is 2.91x as volatile as Nifty

How to use scorecard? Learn more

MaterialsIron & Steel
SmallcapWith a market cap of ₹976 cr, stock is ranked 1,407
Moderate RiskStock is 2.91x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
23.861.48
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
28.213.211.48%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Steel Exchange India Limited is engaged in the business of manufacture and sale of iron and steel products, and generation and sale of power. The Company's principal business activities include Rebars (TMT) manufacturing, power and Rebars trading

PE Ratio
28.00
1Y Return
21.83%
Buy Reco %
62.96
PE Ratio
-42.64
1Y Return
3.62%
Buy Reco %
57.14
PE Ratio
15.49
1Y Return
8.34%
Buy Reco %
73.91
PE Ratio
19.87
1Y Return
5.37%
Buy Reco %
100.00
PE Ratio
54.68
1Y Return
7.72%
Buy Reco %
66.67
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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 1.21%, vs industry avg of 9.86%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 0.19% to 0.14%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue1,682.071,278.53930.461,029.28791.421,391.731,120.881,393.371,093.261,168.59
Raw Materialssubtract1,351.521,049.06773.10855.65581.76714.14876.251,203.70884.331,039.68
Power & Fuel Costsubtract2.5615.628.357.830.942.821.622.021.36
Employee Costsubtract23.6123.6324.1625.7426.4525.9230.0132.3935.41
Selling & Administrative Expensessubtract26.1014.5614.0014.5713.7814.7419.9630.1319.23
Operating & Other expensessubtract115.33147.30161.02103.0798.61422.5266.6823.4452.48
Depreciation/Amortizationsubtract26.5429.7629.0029.6227.2442.7223.7524.3721.3122.88
Interest & Other Itemssubtract122.73157.44135.529.973.4726.2488.12105.6477.8774.73
Taxes & Other Itemssubtract6.28-1.69-44.5619.51-25.132.66-102.0030.53-9.61-9.61
EPS0.00-0.04-0.22-0.050.151.791.38-0.610.100.34
DPS0.000.000.000.000.000.000.000.000.000.00
Payout ratio0.000.000.000.000.000.000.000.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2021

Annual report

PDF

Investor Presentation

May 28PDF
Feb 10PDF
 

Peers & Comparison

Comparing 3 stocks from 
MaterialsIron & Steel

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Steel Exchange India Ltd89.711.48
JSW Steel Ltd28.003.090.90%
Tata Steel Ltd-42.642.052.37%
Jindal Steel And Power Ltd15.492.060.22%

Price Comparison

Compare STEELXIND with any stock or ETF
Compare STEELXIND with any stock or ETF
STEELXIND
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Shareholdings

Promoter Holdings Trend

Increased Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has increased by 3.34%

High Pledged Promoter Holding

Lower pledged promoter holdings is considered better

A significant proportion of promoter holdings is pledged

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding52.90%0.00%1.26%0.69%45.14%

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Shareholding History

SepDec '23MarJunSepDec '244.01%3.87%1.47%0.69%0.69%0.69%

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

STEELXIND has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

Dividends

Hmm, looks like data is unavailable here. Please come back after some time
News & Opinions
Earnings
Steel Exchange India standalone net profit rises 7452.38% in the December 2024 quarter

Net profit of Steel Exchange India rose 7452.38% to Rs 15.86 crore in the quarter ended December 2024 as against Rs 0.21 crore during the previous quarter ended December 2023. Sales rose 27.77% to Rs 327.51 crore in the quarter ended December 2024 as against Rs 256.32 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales327.51256.32 28 OPM %12.059.12 - PBDT21.785.39 304 PBT15.860.21 7452 NP15.860.21 7452 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Steel Exchange India to declare Quarterly Result

Steel Exchange India will hold a meeting of the Board of Directors of the Company on 24 January 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Steel Exchange India schedules EGM

Steel Exchange India announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 10 January 2025.Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
Steel Exchange India board approves fund raising upto Rs 600 cr

The steel products maker may raise funds through a private placement, preferential issue, qualified institution placement, or other permissible mode, or in a combination of the various modes, in accordance with the provisions of the Securities and Exchange Board of India. The company's 'fund-rasing committee' has been delegated the powers to decide the structure, form of issuance, price, timing, terms and conditions thereof, and all other matters related or incidental thereto. Meanwhile, the steel manufacturer announced that M. Mallikarjuna Rao has resigned as the interim chief financial officer (CFO), effective from 18 December 2024, but will continue as GM Account of the company. The firm has appointed Brahmaiah Telaprolu, as the CFO and key managerial personnel with effect from 18 December 2024. Brahmaiah Telaprolu, a Chartered Accountant with over 30 years of experience, specializes in financial functions, accounting, consolidation, working capital management, taxation, fundraising, M an advance of Rs 9 crore has been received, with the balance amount of Rs 41 crore payable on or before 31 March 2025, prior to the execution of the registered sale deed. The sale is expected to complete on or before 31 March, 2025, subject to regulatory, statutory, and other approvals, if any. Steel Exchange India is primarily engaged in the manufacturing of TMT bars, apart from billets, ingots, and power generation. The company also deals in the sale and purchase of steel products through its trading division and is recognized as one of the largest dealers for Rashtriya Ispat Nigam. The company reported a consolidated net profit of Rs 2.72 crore in Q2 FY25 as compared to a net loss of Rs 3.65 crore recorded in Q2 FY24. Net sales declined 3.3% YoY to Rs 260.57 crore in Q2 FY25. Shares of Steel Exchange India fell 1.20% to Rs 10.70 on the BSE. Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Steel Exchange India schedules board meeting

Steel Exchange India will hold a meeting of the Board of Directors of the Company on 18 December 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
Steel Exchange India reports standalone net profit of Rs 2.72 crore in the September 2024 quarter

Net profit of Steel Exchange India reported to Rs 2.72 crore in the quarter ended September 2024 as against net loss of Rs 3.65 crore during the previous quarter ended September 2023. Sales declined 3.30% to Rs 260.57 crore in the quarter ended September 2024 as against Rs 269.45 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales260.57269.45 -3 OPM %10.117.06 - PBDT8.651.48 484 PBT2.72-3.65 LP NP2.72-3.65 LP Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Steel Exchange India announces cessation of directors

Steel Exchange India announced that Veeramachaneni Venkata Krishna Rao (DIN: 00206884) and Bavineni Suresh (DIN: 00181832) have resigned from their positions as Directors of the Company, effective from the closing business hours on 15 October 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Steel Exchange India to table results

Steel Exchange India will hold a meeting of the Board of Directors of the Company on 17 October 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Steel Exchange India to conduct AGM

Steel Exchange India announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2024.Powered by Capital Market - Live

5 months agoCapital Market - Live
Corporate
Steel Exchange India to conduct board meeting

Steel Exchange India will hold a meeting of the Board of Directors of the Company on 29 August 2024.Powered by Capital Market - Live

6 months agoCapital Market - Live

Frequently asked questions

  1. What is the share price of Steel Exchange India Ltd (STEELXIND) today?

    The share price of STEELXIND as on 7th March 2025 is ₹8.15. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Steel Exchange India Ltd (STEELXIND) share?

    The past returns of Steel Exchange India Ltd (STEELXIND) share are
    • Past 1 week: 1.50%
    • Past 1 month: -18.72%
    • Past 3 months: -26.51%
    • Past 6 months: -38.54%
    • Past 1 year: -46.20%
    • Past 3 years: -66.04%
    • Past 5 years: 297.56%

  3. What are the peers or stocks similar to Steel Exchange India Ltd (STEELXIND)?

    The peers or stocks similar to Steel Exchange India Ltd (STEELXIND) include:

  4. What is the market cap of Steel Exchange India Ltd (STEELXIND) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Steel Exchange India Ltd (STEELXIND) is ₹976.07 Cr as of 7th March 2025.

  5. What is the 52 week high and low of Steel Exchange India Ltd (STEELXIND) share?

    The 52-week high of Steel Exchange India Ltd (STEELXIND) is ₹15.80 and the 52-week low is ₹7.70.

  6. What is the PE and PB ratio of Steel Exchange India Ltd (STEELXIND) stock?

    The P/E (price-to-earnings) ratio of Steel Exchange India Ltd (STEELXIND) is 89.71. The P/B (price-to-book) ratio is 1.48.

  7. Which sector does Steel Exchange India Ltd (STEELXIND) belong to?

    Steel Exchange India Ltd (STEELXIND) belongs to the Materials sector & Iron & Steel sub-sector.

  8. How to buy Steel Exchange India Ltd (STEELXIND) shares?

    You can directly buy Steel Exchange India Ltd (STEELXIND) shares on Tickertape. Simply sign up, connect your demat account and place your order.