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STEEL EXCHANGE INDIA (STEELXIND) had a P/E of 41.5× on 6 Nov 2026, above the industry P/E of 19.9×, and the shares are 23% below their 52-week high. It earns ROCE of 9.6% and ROE of 5.5%, and sales fell 8.7% a year over 3 years. Debt is 0.41× equity. It is a small-cap company with a market cap of ₹1,376 Cr, ranked 49th of 150 Steel companies by market cap; the shares rose 16% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹10.67
Day high
₹10.95
Day low
₹10.50
Prev. close
₹10.76
Volume
20.2 L

Health check

2 fair · 4 to check
  • ReturnsIn line

    +15.7% over a year, better than 4 of 7 peers.

  • Price tagPricier

    P/E 41.5 vs industry 19.9.

  • GrowthShrinking

    Sales −8.7% a year over 3 years.

  • ProfitabilityWeak

    ROCE 9.6% vs peer median 18.7%.

  • Balance sheetFair

    Debt 0.41× equity, interest covered 2.1×.

  • Red flags4 to check

    Return on equity is low at 5.5%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Steel

149 listed peers. Screen the industry

Small cap

₹1,376 Cr, #49 of 150 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹1,136 Cr · profit ₹47 Cr
Market cap
₹1,376 Cr
Small cap
P/E
41.5
Industry 19.9
Price to book
1.40
Peers 2.28
Dividend yield
0.00%
ROE
5.5%
Peers 23.4%
ROCE
9.6%
Peers 18.7%
Debt to equity
0.41
Debt ₹403 Cr
EPS (TTM)
₹0.26
Face value ₹1
OPM (TTM)
13.0%
Net margin 4.2%
Sales growth
−10.1%
Latest quarter vs a year ago
Profit growth
+46.9%
Latest quarter vs a year ago
Price to sales
1.21
EV/EBITDA 12.6

Strengths and risks

Strengths

  • Quarterly profit up 46.9% on a year ago.

Risks to check

  • Return on equity is low at 5.5%.
  • Quarterly sales down 10.1% on a year ago.
  • P/E of 41.5 against an industry P/E of 19.9.
  • Interest coverage of only 2.1×.

Derived automatically from reported figures. Not a recommendation.

About STEEL EXCHANGE INDIA

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…

Headquarters
Visakhapatnam
Employees
588
Sector
Basic Materials
ISIN
INE503B01021
Website
seil.co.in

Price range

52 weeks

₹7.00₹13.95

Today

₹10.50₹10.95
Avg volume (3M)
63.8 L
1-year return
plus 15.7%
From 52-week high
minus 22.7%

Peers · Steel

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
JSWSTEELJSW Steel1,357.10plus 0.11%3,31,26511.712.218.7%17.7%0.623.6%plus 14.7%
TATASTEELTata Steel186.30plus 2.36%2,32,39721.19.111.3%15.2%0.89−1.6%plus 1.5%
JINDALSTELJindal Steel1,165.00plus 1.31%1,18,59441.514.97.5%15.9%0.42−13.1%plus 6.4%
LLOYDSMELloyds Metals And Energy1,785.50minus 1.38%1,00,48219.118.819.4%37.4%1.2371.3%plus 37.4%
SAILSteel Authority of India171.60minus 0.41%70,88012.68.17.2%12.9%0.502.0%plus 24.7%
NMDCNMDC70.40minus 0.01%61,8948.36.228.4%30.0%0.1922.0%minus 5.2%
APLAPOLLOAPL Apollo Tubes2,185.30minus 0.41%60,67746.332.728.0%8.2%0.1712.6%plus 23.3%
STEELXINDSTEEL EXCHANGE INDIA10.79plus 0.28%1,37641.5––13.0%0.41–plus 15.7%
Median of 7 peers–−0.01%1,00,48219.112.218.7%15.9%0.503.6%14.7%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
300232240287270
269204218238235
31.427.522.549.734.2
10.5%11.9%9.3%17.3%12.7%
51.10.50.41
18.919.313.717.614
7.27.276.96.2
10.22.12.325.615
–––51.7%–
10.22.12.312.415
0.090.020.020.100.12

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−8.7%
ROE
5.5%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
1,3881,0891,1421,058
–minus 21.5%+4.9%minus 7.3%
1,2929911,018927
96.898.5124132
7.0%9.0%10.9%12.4%
−0.6−7.7−5.6−5.7
10068.265.961.4
24.421.323.628.3
−0016.34.2
−28.31.345.540.2
−107.8%−756.2%43.0%32.9%
−58.910.925.927
––+138.2%+4.1%
-0.710.090.220.22

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
104120120125
413542586643
340382358418
274224220190
1,1321,2681,2841,375
593607617597
14.237.23.36.7
11.39.11310.8
513615651761
1,1321,2681,2841,375

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
138−4896.7−38
−13.6−49.3−15.28.1
−12097.9−80.625.1
40.71−4.8
−16−49.3−93.2−7.1
122−97.33.5−45.1

Shareholding pattern

Source: NSE filings
49.7%
promoters
  • Promoters49.67%
  • Public50.33%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202649.67%50.33%0.00
30 Jun 202649.67%50.33%0.00
30 Apr 202649.67%50.33%minus 1.13
31 Mar 202650.80%49.20%0.00
31 Dec 202550.80%49.20%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you