Steel Exchange India held a virtual meeting with analysts and institutional investors on June 19, 2026. The company's representatives addressed market participants to discuss business performance and strategy based on publicly available information. Steel Exchange India confirmed that the discussions did not involve any Unpublished Price Sensitive Information (UPSI).

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting was conducted via Zoom from 4:00 PM to 4:55 PM IST.

Meeting Participants

The following investors and analysts attended the session:

The filing was signed by Raveendra Babu M, Company Secretary & Compliance Officer, on behalf of Steel Exchange India Limited.

Steel Exchange India has repaid ₹15 crore towards its term loan facilities, representing approximately 5.5% of its total outstanding debt. This repayment contributes to a cumulative debt reduction of approximately ₹86 crore since October 2025, marking the achievement of around 25% of its long-term debt reduction target. The company aims to become debt-free in the near future, supported by strong operational cash flows and equity inflow.

Debt Reduction Milestone

The latest repayment underscores Steel Exchange India's commitment to strengthening its balance sheet. The key highlights of the company's debt reduction progress are summarised below:

Strategic Deleveraging Progress

The repayment of the ₹15 crore term loan brings Steel Exchange India's total debt reduction to ₹86 crore. This follows the earlier redemption of ₹43.19 crore towards Non-Convertible Debentures (NCDs) and repayment of ₹28 crore over the preceding quarters. The company has now met its 25% debt reduction target, reflecting a disciplined approach to managing its financial obligations. This development signals a meaningful improvement in the company's leverage position and provides greater visibility on lower finance costs and improved earnings quality.

Operational Performance

For FY26, Steel Exchange India reported a Total Income of ₹1067.00 Cr, EBITDA of ₹138.03 Cr, and Net Profit of ₹27.00 Cr. The management stated that the continued focus on disciplined financial management and capital structure strengthening remains centered on improving efficiency and optimizing capital allocation to support long-term growth.