SEIL repays ₹102 cr debt, targets zero debt status
Steel Exchange India Limited repaid ₹102 crore debt since Dec 2025, cutting 30% of liabilities. FY26 net profit stood at ₹27.00 Cr on revenue of ₹1067.00 Cr.
*this image is generated using AI for illustrative purposes only.
Steel Exchange India Limited has repaid a total of ₹102 crore since December 2025, eliminating approximately 30% of its total long-term debt burden. The company disclosed this development in a regulatory filing on July 7, 2026, highlighting its strategy to become a completely debt-free enterprise in the near future.
The latest repayment involves an additional ₹16 crore towards outstanding Term Loan facilities. This follows the earlier redemption of ₹43.19 crore of Non-Convertible Debentures (NCDs) and previous term loan repayments. The cumulative reduction of ₹102 crore is attributed to robust operational cash flows and equity inflows.
Financial Performance for FY26
For the financial year 2026, steel exchange india reported a Total Income of ₹1067.00 Cr. The company achieved an EBITDA of ₹138.03 Cr and a Net Profit of ₹27.00 Cr during this period.
| Metric | Amount |
|---|---|
| Total Income | ₹1067.00 Cr |
| EBITDA | ₹138.03 Cr |
| Net Profit | ₹27.00 Cr |
Strategic Impact
Management stated that the reduction in long-term liabilities will optimize finance costs and improve bottom-line margins. The company aims to maximize shareholder value through this capital structure optimization while scaling operations in the infrastructure sector.
Steel Exchange India Limited is an integrated steel manufacturer operating under the brand SIMHADRI TMT. The company is part of the Vizag Profiles Group and manufactures sponge iron, billets, and rolled products.
Historical Stock Returns for Steel Exchange India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.98% | -4.73% | -2.19% | +39.33% | +11.13% | +75.07% |
What specific timeline has management set for achieving the goal of becoming completely debt-free?
How will the reduction in finance costs impact the company's EBITDA margins in the upcoming fiscal year?
Does the company plan to utilize its improved cash flows for capital expenditure or further debt repayment in the near term?
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