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Steel Exchange

  • Market Cap: Small Cap
  • Industry: Steel/Sponge Iron/Pig Iron
  • ISIN: INE503B01021
  • NSEID: STEELXIND
  • BSEID: 534748
INR
8.08
-0.08 (-0.98%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 7.08 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

7.08 lacs (-18.38%) Volume

Shareholding (Dec 2024)

FII

0.69%

Held by 4 FIIs

DII

1.52%

Held by 3 DIIs

Promoter

52.90%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 8.64%

  • Poor long term growth as Net Sales has grown by an annual rate of 6.57% over the last 5 years
  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 5.06 times
2

Stock is technically in a Bearish range

3

98.76% of Promoter Shares are Pledged

4

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Steel/Sponge Iron/Pig Iron

stock-summary
Market cap

INR 991 Cr (Small Cap)

stock-summary
P/E

24.00

stock-summary
Industry P/E

29

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.55

stock-summary
Return on Equity

6.18%

stock-summary
Price to Book

1.51

Revenue and Profits (1 Year):
Net Sales:
328 Cr
(Quarterly Results - Dec 2024)
Net Profit:
16 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-32.95%
0%
-32.95%
1 Year
-46.45%
0%
-46.45%
2 Years
-49.12%
0%
-49.12%
3 Years
-67.54%
0%
-67.54%
4 Years
28.97%
0%
28.97%
5 Years
571.1%
0%
571.1%

Latest dividend: 1 per share ex-dividend date: Sep-24-2009

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
6.57%
EBIT Growth (5y)
89.31%
EBIT to Interest (avg)
1.91
Debt to EBITDA (avg)
12.65
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.19
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
98.76%
Institutional Holding
2.22%
ROCE (avg)
6.61%
ROE (avg)
20.52%
Valuation key factors
Factor
Value
P/E Ratio
24
Industry P/E
29
Price to Book Value
1.51
EV to EBIT
13.45
EV to EBITDA
10.97
EV to Capital Employed
1.33
EV to Sales
1.17
PEG Ratio
0.14
Dividend Yield
NA
ROCE (Latest)
7.33%
ROE (Latest)
6.18%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

98.7638

Mutual Funds

Held by 3 Schemes (0.0%)

FIIs

Held by 4 FIIs (0.69%)

Promoter with highest holding

Umashiv Garments Private Ltd (20.55%)

Highest Public shareholder

Vishwa Samudra Holdings Private Limited (5.05%)

Individual Investors Holdings

30.81%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 25.69% vs -1.17% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 483.09% vs 5.43% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "327.51",
          "val2": "260.57",
          "chgp": "25.69%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "39.45",
          "val2": "26.35",
          "chgp": "49.72%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "17.94",
          "val2": "18.44",
          "chgp": "-2.71%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "15.86",
          "val2": "2.72",
          "chgp": "483.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.05%",
          "val2": "10.11%",
          "chgp": "1.94%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 0.68% vs -22.87% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 158.48% vs -198.91% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "524.23",
          "val2": "520.70",
          "chgp": "0.68%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "51.15",
          "val2": "39.38",
          "chgp": "29.89%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "37.33",
          "val2": "39.14",
          "chgp": "-4.62%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "5.31",
          "val2": "-9.08",
          "chgp": "158.48%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.76%",
          "val2": "7.56%",
          "chgp": "2.20%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 9.62% vs -20.65% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 338.67% vs 45.38% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "851.74",
          "val2": "777.02",
          "chgp": "9.62%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "90.60",
          "val2": "62.75",
          "chgp": "44.38%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "55.27",
          "val2": "58.41",
          "chgp": "-5.38%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "21.17",
          "val2": "-8.87",
          "chgp": "338.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.64%",
          "val2": "8.08%",
          "chgp": "2.56%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -21.55% vs 26.27% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 118.50% vs -150.52% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,089.17",
          "val2": "1,388.33",
          "chgp": "-21.55%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "96.36",
          "val2": "96.65",
          "chgp": "-0.30%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "77.87",
          "val2": "105.64",
          "chgp": "-26.29%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "10.89",
          "val2": "-58.85",
          "chgp": "118.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.85%",
          "val2": "6.96%",
          "chgp": "1.89%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
327.51
260.57
25.69%
Operating Profit (PBDIT) excl Other Income
39.45
26.35
49.72%
Interest
17.94
18.44
-2.71%
Exceptional Items
0.00
0.00
Standalone Net Profit
15.86
2.72
483.09%
Operating Profit Margin (Excl OI)
12.05%
10.11%
1.94%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 25.69% vs -1.17% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is 483.09% vs 5.43% in Sep 2024

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
524.23
520.70
0.68%
Operating Profit (PBDIT) excl Other Income
51.15
39.38
29.89%
Interest
37.33
39.14
-4.62%
Exceptional Items
0.00
0.00
Standalone Net Profit
5.31
-9.08
158.48%
Operating Profit Margin (Excl OI)
9.76%
7.56%
2.20%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 0.68% vs -22.87% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 158.48% vs -198.91% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
851.74
777.02
9.62%
Operating Profit (PBDIT) excl Other Income
90.60
62.75
44.38%
Interest
55.27
58.41
-5.38%
Exceptional Items
0.00
0.00
Standalone Net Profit
21.17
-8.87
338.67%
Operating Profit Margin (Excl OI)
10.64%
8.08%
2.56%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 9.62% vs -20.65% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 338.67% vs 45.38% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
1,089.17
1,388.33
-21.55%
Operating Profit (PBDIT) excl Other Income
96.36
96.65
-0.30%
Interest
77.87
105.64
-26.29%
Exceptional Items
0.00
0.00
Standalone Net Profit
10.89
-58.85
118.50%
Operating Profit Margin (Excl OI)
8.85%
6.96%
1.89%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -21.55% vs 26.27% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 118.50% vs -150.52% in Mar 2023

stock-summaryCompany CV
About Steel Exchange India Ltd stock-summary
stock-summary
Steel Exchange India Ltd
Small Cap
Steel/Sponge Iron/Pig Iron
Steel Exchange India Limited, incorporated in 1999, is the flagship company of the Vizag Profiles Group. SEIL is a leading manufacturer of TMT Rebars under the brand 'SIMHADRI TMT'. The Firm is engaged mainly in manufacturing of steel products and allied activities at its Integrated Steel Plant located close to Visakhapatnam, Andhra Pradesh. It has the largest private integrated steel plant in Andhra Pradesh. It manufactures sponge iron, billets, and TMT bars.
Company Coordinates stock-summary
Company Details
Flat No 303 My Home Laxminivas, Greenlands Ameerpet Hyderabad Telangana : 500016
stock-summary
Tel: 91-040-23403725
stock-summary
cs@seil.co.in
Registrar Details
Venture Capital & Corporate Investments Ltd , 12-10-167,, MIG- 167,, Bharat Nagar Colony, Hyderabad