Steel Exchange India

Market Cap (₹ Cr.)

₹1,229

52 Week High

17.95

Book Value

₹

52 Week Low

9.60

PE Ratio

48.86

PB Ratio

2.65

PE for Sector

29.83

PB for Sector

1.51

ROE

-11.38 %

ROCE

7.87 %

Dividend Yield

0.00 %

EPS

₹0.16

Industry

Steel

Sector

Steel - Medium / Small

Investment Returns

In Long Term

In Short Term

1 Year

0.00%

2 Years

0.00%

3 Years

0.00%

4 Years

0.00%

5 Years

0.00%

Growth Rate

Revenue Growth

-21.54 %

Net Income Growth

118.50 %

Cash Flow Change

2,522.48 %

ROE

114.46 %

ROCE

-4.45 %

EBITDA Margin (Avg.)

25.89 %

Financial Results

Quarterly Financials	Mar 2015	Jun 2015	Sept 2015	Dec 2015	Mar 2016	Jun 2016	Sept 2016	Dec 2016	Mar 2017	Jun 2017	Sept 2017	Dec 2017	Mar 2018	Jun 2018	Sept 2018	Dec 2018	Mar 2019	Jun 2019	Sept 2019	Dec 2019	Mar 2020	Jun 2020	Sept 2020	Dec 2020	Mar 2021	Jun 2021	Sept 2021	Dec 2021	Mar 2022	Jun 2022	Sept 2022	Dec 2022	Mar 2023	Jun 2023	Sept 2023	Dec 2023	Mar 2024	Jun 2024	Sept 2024
Revenue	420	319	429	445	489	399	353	229	294	122	184	286	339	254	234	291	251	225	174	202	191	99	213	324	340	263	220	263	373	365	315	307	399	252	270	258	313	266	261
Expenses	369	273	384	413	450	369	338	206	334	124	178	276	404	228	225	264	290	193	159	181	189	92	188	219	283	232	213	210	338	331	287	304	363	231	250	233	279	239	234
EBITDA	50	46	46	32	39	30	15	23	-40	-2	6	11	-65	25	9	27	-39	31	15	21	2	7	24	105	57	31	7	53	35	34	28	4	36	21	20	25	35	27	27
Operating Profit %	11 %	14 %	10 %	7 %	7 %	6 %	4 %	9 %	-14 %	-2 %	2 %	3 %	-20 %	10 %	3 %	9 %	-17 %	14 %	8 %	10 %	-4 %	-0 %	10 %	19 %	13 %	12 %	-3 %	20 %	8 %	9 %	9 %	0 %	9 %	8 %	7 %	9 %	11 %	9 %	10 %
Depreciation	6	6	6	6	8	8	7	7	7	7	7	7	7	7	7	7	8	7	7	7	7	6	6	6	6	6	6	6	6	6	6	6	6	6	5	5	5	6	6
Interest	37	32	33	32	26	30	47	34	47	40	47	46	3	0	0	0	9	0	0	1	2	0	0	7	19	17	17	35	19	20	21	23	42	21	18	19	19	19	18
Profit Before Tax	7	9	7	-6	4	-7	-39	-18	-94	-49	-48	-43	-75	18	2	19	-56	24	8	13	-6	1	18	92	32	8	-16	12	10	8	1	-25	-12	-5	-4	0	10	3	3
Tax	-0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Profit	1	9	7	-6	-2	-7	-39	-18	-92	-49	-48	-43	-30	18	2	19	-76	24	8	13	19	1	18	92	29	8	-16	12	112	8	1	-25	-43	-5	-4	0	20	3	3
EPS in ₹	0.19	1.49	1.22	-1.02	-0.34	-0.97	-6.48	-2.42	-2.42	-6.38	-6.29	-5.70	-4.01	2.32	0.24	2.56	-9.96	3.18	1.09	1.72	2.45	0.11	2.33	12.15	3.81	1.02	-1.95	1.41	12.96	0.09	0.01	-0.29	-0.52	-0.05	-0.03	0.00	0.17	0.02	0.02

Show % Change

Above figures are in Rs. Crores

Balance Sheet

Balance Sheet	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	1,863	1,868	1,716	1,533	1,428	1,387	989	1,117	1,132	1,268
Fixed Assets	614	591	695	717	691	666	612	596	579	570
Current Assets	1,190	1,213	960	773	699	698	324	401	459	547
Capital Work in Progress	46	53	54	5	5	4	6	7	13	50
Investments	0	0	0	0	0	0	0	0	0	0
Other Assets	1,202	1,223	966	811	732	717	371	514	540	648
Total Liabilities	1,487	1,485	1,418	1,405	1,336	1,232	687	626	615	607
Current Liabilities	1,054	1,142	1,137	1,198	1,140	1,079	222	280	384	263
Non Current Liabilities	433	342	281	208	197	152	465	346	231	343
Total Equity	375	383	298	128	91	156	302	491	517	662
Reserve & Surplus	323	288	222	52	15	80	222	403	413	542
Share Capital	52	95	76	76	76	76	80	88	104	120

Show % Change

Above figures are in Rs. Crores

Cash Flow

Cash Flow	2015	2016	2017	2018	2019	2020	2021	2022	2023
Net Cash Flow	8	-5	-4	-0	-1	25	-23	13	4
Investing Activities	-34	-9	-6	-2	-3	-2	13	9	-14
Operating Activities	91	166	-149	50	60	37	79	5	138
Financing Activities	-49	-163	151	-49	-58	-10	-116	-1	-120

Show % Change

Above figures are in Rs. Crores

Share Holding

% Holding	Feb 2021	Mar 2021	Jun 2021	Sept 2021	Dec 2021	Mar 2022	Jun 2022	Jul 2022	Sept 2022	Dec 2022	Jan 2022	Mar 2023	May 2023	Jun 2023	Sept 2023	Dec 2023	Mar 2024	Jun 2024	Sept 2024
Promoter	44.98 %	44.98 %	49.78 %	49.78 %	49.78 %	49.78 %	49.78 %	49.78 %	49.78 %	49.78 %	46.46 %	50.94 %	55.92 %	55.92 %	55.92 %	55.92 %	55.41 %	49.56 %	52.90 %
FIIs	4.25 %	4.47 %	4.27 %	4.50 %	5.14 %	6.65 %	6.40 %	6.30 %	6.36 %	5.92 %	5.52 %	4.52 %	4.32 %	4.29 %	4.01 %	3.87 %	1.47 %	0.69 %	0.69 %
DIIs	5.03 %	5.03 %	4.59 %	4.36 %	4.35 %	4.51 %	4.35 %	4.35 %	0.89 %	0.89 %	0.83 %	0.75 %	0.66 %	0.66 %	0.68 %	0.68 %	1.29 %	1.26 %	1.27 %
Government	0.38 %	0.38 %	0.35 %	0.35 %	0.35 %	0.35 %	0.35 %	0.35 %	0.35 %	0.35 %	0.33 %	0.30 %	0.26 %	0.26 %	0.26 %	0.26 %	0.26 %	0.26 %	0.26 %
Public / Retail	45.36 %	45.14 %	41.01 %	41.01 %	40.37 %	38.71 %	39.12 %	39.21 %	42.62 %	43.06 %	46.86 %	43.49 %	38.84 %	38.86 %	39.12 %	39.27 %	41.58 %	48.22 %	44.88 %

Show % Change

Dividend History

No dividends have been distributed by the company in the past 10 years

Peer Comparison Compare Peers on Screener

Competitors	LTP	Market Cap (₹ Cr.)	P/E Ratio	Revenue (₹ Cr.)	YoY Revenue Growth %	Net Profit (₹ Cr.)	YoY Profit Growth %	RSI
Ratnamani Metals & Tubes	3,489.70	23,870.88	44.99	5,132.31	13.87	625	-39.54	32.89
Sarda Energy & Minerals	420.75	14,398.30	23.69	4,052.30	-4.90	509	36.38	37.62
NMDC Steel	44.79	12,903.46	-	3,168.28	3,168.28	-1,560	-354.13	35.77
Usha Martin	390.25	12,011.40	28.09	3,265.48	-0.92	424	-0.19	50.50
Maharashtra Seamless	621.95	8,172.82	9.69	5,546.30	-4.52	952	-12.15	46.88
Gallantt Ispat	302.90	7,708.93	24.22	4,233.97	4.29	225	3.45	40.88
Bansal Wire Industries	411.00	6,468.11	59.88	2,470.89	1.99	79	120.72	49.93
Technocraft Industries	2,515.25	5,970.15	22.15	2,271.54	11.63	280	1.48	33.41
Sunflag Iron & Steel Company	194.37	3,560.24	24.12	3,421.41	-2.12	144	5.24	37.74
Hi-Tech Pipes	162.25	3,368.54	54.74	2,700.47	13.08	44	71.98	35.23