Steel Exchange India Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: September 15, 2025, 1:00 am

Quick Insight

Steel Exchange India Ltd, currently trading at ₹10.5 with a MarketCap of ₹1,292 Cr., exhibits a relatively high P/E ratio of 38.5 compared to the industry average, indicating potentially overvalued stock. The company's ROE of 2.43% and ROCE of 9.84% are below sector norms, suggesting inefficiency in capital utilization. However, its OPM of 10% reflects decent operational efficiency. With Promoters holding a significant stake of 50.80%, there is a sense of stability and alignment of interests. The company's healthy Reserves of ₹586 Cr. and manageable Borrowings of ₹358 Cr. provide a cushion against financial risks, with a reasonable P/BV ratio of 1.32x.

Despite these strengths, Steel Exchange India Ltd faces challenges such as a low Net Profit of ₹26 Cr., indicating limited profitability. Additionally, the high CCC of 129 days could signal potential liquidity issues or inefficiencies in working capital management. The low ownership by FIIs and DIIs at 0.37% and 2.58%, respectively, raises concerns about institutional confidence. Looking ahead, the company's outlook could improve with a focus on enhancing profitability through cost efficiencies and diversification into higher-margin product lines. On the downside, a worsening macroeconomic environment impacting steel demand could further strain the company's financial performance.

In a sector marked by fluctuating demand and regulatory changes, investors in Steel Exchange India Ltd should closely monitor the company's efforts to boost profitability and strengthen its balance sheet. While the stock may offer potential upside with improved operational performance, risks related to liquidity and market conditions necessitate a cautious approach.

Competitors of Steel Exchange India Ltd

All Competitor Stocks of Steel Exchange India Ltd

Quarterly Result

Last Updated: August 20, 2025, 3:05 am

Below is a detailed analysis of the quarterly data for Steel Exchange India Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:

• For Sales, as of Jun 2025, the value is 300.00 Cr.. The value appears strong and on an upward trend. It has increased from 291.00 Cr. (Mar 2025) to 300.00 Cr., marking an increase of 9.00 Cr..
• For Expenses, as of Jun 2025, the value is 269.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 259.00 Cr. (Mar 2025) to 269.00 Cr., marking an increase of 10.00 Cr..
• For Operating Profit, as of Jun 2025, the value is 31.00 Cr.. The value appears to be declining and may need further review. It has decreased from 33.00 Cr. (Mar 2025) to 31.00 Cr., marking a decrease of 2.00 Cr..
• For OPM %, as of Jun 2025, the value is 10.00%. The value appears to be declining and may need further review. It has decreased from 11.00% (Mar 2025) to 10.00%, marking a decrease of 1.00%.
• For Other Income, as of Jun 2025, the value is 5.00 Cr.. The value appears to be declining and may need further review. It has decreased from 17.00 Cr. (Mar 2025) to 5.00 Cr., marking a decrease of 12.00 Cr..
• For Interest, as of Jun 2025, the value is 19.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 19.00 Cr..
• For Depreciation, as of Jun 2025, the value is 7.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 6.00 Cr. (Mar 2025) to 7.00 Cr., marking an increase of 1.00 Cr..
• For Profit before tax, as of Jun 2025, the value is 10.00 Cr.. The value appears to be declining and may need further review. It has decreased from 24.00 Cr. (Mar 2025) to 10.00 Cr., marking a decrease of 14.00 Cr..
• For Tax %, as of Jun 2025, the value is 0.00%. The value appears to be improving (decreasing) as expected. It has decreased from 80.00% (Mar 2025) to 0.00%, marking a decrease of 80.00%.
• For Net Profit, as of Jun 2025, the value is 10.00 Cr.. The value appears strong and on an upward trend. It has increased from 5.00 Cr. (Mar 2025) to 10.00 Cr., marking an increase of 5.00 Cr..
• For EPS in Rs, as of Jun 2025, the value is 0.08. The value appears strong and on an upward trend. It has increased from 0.04 (Mar 2025) to 0.08, marking an increase of 0.04.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Profit & Loss - Annual Report

Last Updated: September 15, 2025, 4:14 am

Growth

Last Updated: September 5, 2025, 1:36 pm

Balance Sheet

Last Updated: June 16, 2025, 11:18 am

Below is a detailed analysis of the balance sheet data for Steel Exchange India Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

• For Equity Capital, as of Mar 2025, the value is 120.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 120.00 Cr..
• For Reserves, as of Mar 2025, the value is 586.00 Cr.. The value appears strong and on an upward trend. It has increased from 542.00 Cr. (Mar 2024) to 586.00 Cr., marking an increase of 44.00 Cr..
• For Borrowings, as of Mar 2025, the value is 358.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 401.00 Cr. (Mar 2024) to 358.00 Cr., marking a decrease of 43.00 Cr..
• For Other Liabilities, as of Mar 2025, the value is 220.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 205.00 Cr. (Mar 2024) to 220.00 Cr., marking an increase of 15.00 Cr..
• For Total Liabilities, as of Mar 2025, the value is 1,284.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,268.00 Cr. (Mar 2024) to 1,284.00 Cr., marking an increase of 16.00 Cr..
• For Fixed Assets, as of Mar 2025, the value is 613.00 Cr.. The value appears strong and on an upward trend. It has increased from 570.00 Cr. (Mar 2024) to 613.00 Cr., marking an increase of 43.00 Cr..
• For CWIP, as of Mar 2025, the value is 3.00 Cr.. The value appears to be declining and may need further review. It has decreased from 50.00 Cr. (Mar 2024) to 3.00 Cr., marking a decrease of 47.00 Cr..
• For Investments, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
• For Other Assets, as of Mar 2025, the value is 668.00 Cr.. The value appears strong and on an upward trend. It has increased from 648.00 Cr. (Mar 2024) to 668.00 Cr., marking an increase of 20.00 Cr..
• For Total Assets, as of Mar 2025, the value is 1,284.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,268.00 Cr. (Mar 2024) to 1,284.00 Cr., marking an increase of 16.00 Cr..

Notably, the Reserves (586.00 Cr.) exceed the Borrowings (358.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Cash Flow

Free Cash Flow

Financial Efficiency Indicators

Share Holding Pattern

Key Financial Ratios

After reviewing the key financial ratios for Steel Exchange India Ltd, here is a detailed analysis based on the latest available data and recent trends:

• For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
• For Basic EPS (Rs.), as of Mar 25, the value is 0.22. This value is below the healthy minimum of 5. It has increased from 0.09 (Mar 24) to 0.22, marking an increase of 0.13.
• For Diluted EPS (Rs.), as of Mar 25, the value is 0.22. This value is below the healthy minimum of 5. It has increased from 0.09 (Mar 24) to 0.22, marking an increase of 0.13.
• For Cash EPS (Rs.), as of Mar 25, the value is 0.41. This value is below the healthy minimum of 3. It has increased from 0.26 (Mar 24) to 0.41, marking an increase of 0.15.
• For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 5.89. It has increased from 3.79 (Mar 24) to 5.89, marking an increase of 2.10.
• For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 5.89. It has increased from 5.52 (Mar 24) to 5.89, marking an increase of 0.37.
• For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 9.55. It has increased from 9.09 (Mar 24) to 9.55, marking an increase of 0.46.
• For PBDIT / Share (Rs.), as of Mar 25, the value is 1.20. This value is below the healthy minimum of 2. It has increased from 0.83 (Mar 24) to 1.20, marking an increase of 0.37.
• For PBIT / Share (Rs.), as of Mar 25, the value is 1.00. This value is within the healthy range. It has increased from 0.66 (Mar 24) to 1.00, marking an increase of 0.34.
• For PBT / Share (Rs.), as of Mar 25, the value is 0.37. This value is within the healthy range. It has increased from 0.01 (Mar 24) to 0.37, marking an increase of 0.36.
• For Net Profit / Share (Rs.), as of Mar 25, the value is 0.21. This value is below the healthy minimum of 2. It has increased from 0.09 (Mar 24) to 0.21, marking an increase of 0.12.
• For PBDIT Margin (%), as of Mar 25, the value is 12.55. This value is within the healthy range. It has increased from 9.22 (Mar 24) to 12.55, marking an increase of 3.33.
• For PBIT Margin (%), as of Mar 25, the value is 10.49. This value is within the healthy range. It has increased from 7.26 (Mar 24) to 10.49, marking an increase of 3.23.
• For PBT Margin (%), as of Mar 25, the value is 3.97. This value is below the healthy minimum of 10. It has increased from 0.11 (Mar 24) to 3.97, marking an increase of 3.86.
• For Net Profit Margin (%), as of Mar 25, the value is 2.26. This value is below the healthy minimum of 5. It has increased from 0.99 (Mar 24) to 2.26, marking an increase of 1.27.
• For Return on Networth / Equity (%), as of Mar 25, the value is 3.67. This value is below the healthy minimum of 15. It has increased from 2.40 (Mar 24) to 3.67, marking an increase of 1.27.
• For Return on Capital Employeed (%), as of Mar 25, the value is 12.39. This value is within the healthy range. It has increased from 7.87 (Mar 24) to 12.39, marking an increase of 4.52.
• For Return On Assets (%), as of Mar 25, the value is 2.01. This value is below the healthy minimum of 5. It has increased from 0.85 (Mar 24) to 2.01, marking an increase of 1.16.
• For Long Term Debt / Equity (X), as of Mar 25, the value is 0.34. This value is within the healthy range. It has decreased from 0.75 (Mar 24) to 0.34, marking a decrease of 0.41.
• For Total Debt / Equity (X), as of Mar 25, the value is 0.50. This value is within the healthy range. It has decreased from 0.84 (Mar 24) to 0.50, marking a decrease of 0.34.
• For Asset Turnover Ratio (%), as of Mar 25, the value is 0.89. It has decreased from 0.90 (Mar 24) to 0.89, marking a decrease of 0.01.
• For Current Ratio (X), as of Mar 25, the value is 1.91. This value is within the healthy range. It has decreased from 2.08 (Mar 24) to 1.91, marking a decrease of 0.17.
• For Quick Ratio (X), as of Mar 25, the value is 0.94. This value is below the healthy minimum of 1. It has decreased from 0.95 (Mar 24) to 0.94, marking a decrease of 0.01.
• For Inventory Turnover Ratio (X), as of Mar 25, the value is 2.62. This value is below the healthy minimum of 4. It has decreased from 2.69 (Mar 24) to 2.62, marking a decrease of 0.07.
• For Interest Coverage Ratio (X), as of Mar 25, the value is 1.93. This value is below the healthy minimum of 3. It has increased from 1.29 (Mar 24) to 1.93, marking an increase of 0.64.
• For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 1.35. This value is below the healthy minimum of 3. It has increased from 1.14 (Mar 24) to 1.35, marking an increase of 0.21.
• For Enterprise Value (Cr.), as of Mar 25, the value is 1,268.50. It has decreased from 2,017.55 (Mar 24) to 1,268.50, marking a decrease of 749.05.
• For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.11. This value is within the healthy range. It has decreased from 1.85 (Mar 24) to 1.11, marking a decrease of 0.74.
• For EV / EBITDA (X), as of Mar 25, the value is 8.83. This value is within the healthy range. It has decreased from 20.09 (Mar 24) to 8.83, marking a decrease of 11.26.
• For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.81. This value is below the healthy minimum of 1. It has decreased from 1.52 (Mar 24) to 0.81, marking a decrease of 0.71.
• For Price / BV (X), as of Mar 25, the value is 1.32. This value is within the healthy range. It has decreased from 3.65 (Mar 24) to 1.32, marking a decrease of 2.33.
• For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.81. This value is below the healthy minimum of 1. It has decreased from 1.52 (Mar 24) to 0.81, marking a decrease of 0.71.
• For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. It has increased from 0.01 (Mar 24) to 0.02, marking an increase of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Fair Value

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Strength and Weakness