Steel Exchange India Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: March 6, 2026, 3:12 am

Market Cap	1,061 Cr.
Current Price	8.51
Intrinsic Value	₹4.34
High / Low	11.6/7.06
Stock P/E	54.8
Book Value	6.02
Dividend Yield	0.00 %
ROCE	9.84 %
ROE	2.43 %
Face Value	1.00
PEG Ratio	-1.63

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Steel Exchange India Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Steel Exchange India Ltd	1,061 Cr.	8.51	11.6/7.06	54.8	6.02	0.00 %	9.84 %	2.43 %	1.00
Beekay Steel Industries Ltd	738 Cr.	387	607/376	12.1	554	0.26 %	7.86 %	6.45 %	10.0
SAL Steel Ltd	663 Cr.	45.8	50.0/14.4		3.01	0.00 %	7.05 %	5.62 %	10.0
Visa Steel Ltd	458 Cr.	35.4	73.7/28.0		106	0.00 %	5.46 %	%	10.0
Manaksia Steels Ltd	369 Cr.	56.3	77.8/43.0	14.6	46.4	0.00 %	4.23 %	3.38 %	1.00
Industry Average	50,281.15 Cr	301.75		22.94	160.06	0.38%	8.78%	7.09%	7.50

All Competitor Stocks of Steel Exchange India Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	304.12	398.22	251.25	269.45	256.32	312.15	264.04	261.06	327.51	291.42	300.00	231.76	240.35
Expenses	303.58	363.10	230.91	250.41	232.95	278.53	238.86	234.22	288.06	258.63	268.60	204.29	217.89
Operating Profit	0.54	35.12	20.34	19.04	23.37	33.62	25.18	26.84	39.45	32.79	31.40	27.47	22.46
OPM %	0.18%	8.82%	8.10%	7.07%	9.12%	10.77%	9.54%	10.28%	12.05%	11.25%	10.47%	11.85%	9.34%
Other Income	3.11	0.85	0.91	0.80	1.29	1.08	2.22	0.25	0.27	16.61	4.95	1.15	0.51
Interest	23.27	41.97	20.79	18.35	19.27	19.46	18.89	18.44	17.94	19.27	18.89	19.28	13.71
Depreciation	5.80	6.08	5.89	5.13	5.18	5.10	5.93	5.93	5.92	5.80	7.23	7.23	6.98
Profit before tax	-25.42	-12.08	-5.43	-3.64	0.21	10.14	2.58	2.72	15.86	24.33	10.23	2.11	2.28
Tax %	0.00%	252.73%	0.00%	0.00%	0.00%	-94.77%	0.00%	0.00%	0.00%	80.39%	0.00%	0.00%	0.00%
Net Profit	-25.42	-42.61	-5.43	-3.65	0.21	19.75	2.58	2.72	15.86	4.76	10.23	2.11	2.28
EPS in Rs	-0.29	-0.41	-0.05	-0.03	0.00	0.16	0.02	0.02	0.13	0.04	0.09	0.02	0.02

Last Updated: March 3, 2026, 2:32 pm

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

For Sales, as of Dec 2025, the value is 240.35 Cr.. The value appears strong and on an upward trend. It has increased from 231.76 Cr. (Sep 2025) to 240.35 Cr., marking an increase of 8.59 Cr..
For Expenses, as of Dec 2025, the value is 217.89 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 204.29 Cr. (Sep 2025) to 217.89 Cr., marking an increase of 13.60 Cr..
For Operating Profit, as of Dec 2025, the value is 22.46 Cr.. The value appears to be declining and may need further review. It has decreased from 27.47 Cr. (Sep 2025) to 22.46 Cr., marking a decrease of 5.01 Cr..
For OPM %, as of Dec 2025, the value is 9.34%. The value appears to be declining and may need further review. It has decreased from 11.85% (Sep 2025) to 9.34%, marking a decrease of 2.51%.
For Other Income, as of Dec 2025, the value is 0.51 Cr.. The value appears to be declining and may need further review. It has decreased from 1.15 Cr. (Sep 2025) to 0.51 Cr., marking a decrease of 0.64 Cr..
For Interest, as of Dec 2025, the value is 13.71 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 19.28 Cr. (Sep 2025) to 13.71 Cr., marking a decrease of 5.57 Cr..
For Depreciation, as of Dec 2025, the value is 6.98 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 7.23 Cr. (Sep 2025) to 6.98 Cr., marking a decrease of 0.25 Cr..
For Profit before tax, as of Dec 2025, the value is 2.28 Cr.. The value appears strong and on an upward trend. It has increased from 2.11 Cr. (Sep 2025) to 2.28 Cr., marking an increase of 0.17 Cr..
For Tax %, as of Dec 2025, the value is 0.00%. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 0.00%.
For Net Profit, as of Dec 2025, the value is 2.28 Cr.. The value appears strong and on an upward trend. It has increased from 2.11 Cr. (Sep 2025) to 2.28 Cr., marking an increase of 0.17 Cr..
For EPS in Rs, as of Dec 2025, the value is 0.02. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 0.02.

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

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 25, 2026, 11:46 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	1,252	1,562	1,658	1,271	922	1,024	781	898	1,099	1,375	1,088	1,140	1,064
Expenses	1,124	1,387	1,506	1,197	933	1,000	710	764	993	1,279	989	1,016	949
Operating Profit	127	175	152	74	-11	24	71	134	106	97	98	124	114
OPM %	10%	11%	9%	6%	-1%	2%	9%	15%	10%	7%	9%	11%	11%
Other Income	7	12	11	-46	-39	-1	-1	77	20	5	2	19	23
Interest	80	128	123	157	136	10	3	26	88	106	78	75	71
Depreciation	15	25	27	30	29	30	27	43	24	24	21	24	27
Profit before tax	39	35	14	-159	-215	-17	39	143	14	-28	1	46	39
Tax %	8%	18%	46%	-1%	-21%	114%	-64%	2%	-704%	108%	-757%	43%
Net Profit	36	28	7	-157	-170	-37	64	140	116	-59	11	26	19
EPS in Rs	0.69	0.55	0.14	-2.07	-2.24	-0.48	0.85	1.74	1.32	-0.57	0.09	0.22	0.17
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-22.22%	-75.00%	-2342.86%	-8.28%	78.24%	272.97%	118.75%	-17.14%	-150.86%	118.64%	136.36%
Change in YoY Net Profit Growth (%)	0.00%	-52.78%	-2267.86%	2334.58%	86.52%	194.74%	-154.22%	-135.89%	-133.72%	269.51%	17.72%

Steel Exchange India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	-3%
5 Years:	8%
3 Years:	1%
TTM:	7%

Compounded Profit Growth
10 Years:	-1%
5 Years:	-19%
3 Years:	-37%
TTM:	78%

Stock Price CAGR
10 Years:	10%
5 Years:	21%
3 Years:	-13%
1 Year:	-32%

Return on Equity
10 Years:	-1%
5 Years:	6%
3 Years:	-1%
Last Year:	4%

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

Balance Sheet

Last Updated: December 4, 2025, 2:01 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	52	52	76	76	76	76	76	80	88	104	120	120	125
Reserves	266	323	288	222	52	15	80	222	403	413	542	586	626
Borrowings	399	713	692	982	1,069	1,021	1,014	438	458	359	382	358	358
Other Liabilities	624	774	811	436	337	315	217	249	168	256	224	220	275
Total Liabilities	1,342	1,863	1,868	1,716	1,533	1,428	1,387	989	1,117	1,132	1,268	1,284	1,384
Fixed Assets	350	614	591	695	717	691	666	612	596	579	570	613	602
CWIP	9	46	53	54	5	4	4	6	7	13	30	3	3
Investments	35	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	948	1,202	1,223	966	811	732	717	371	514	540	668	668	778
Total Assets	1,342	1,863	1,868	1,716	1,533	1,428	1,387	989	1,117	1,132	1,268	1,284	1,384

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

For Equity Capital, as of Sep 2025, the value is 125.00 Cr.. The value appears strong and on an upward trend. It has increased from 120.00 Cr. (Mar 2025) to 125.00 Cr., marking an increase of 5.00 Cr..
For Reserves, as of Sep 2025, the value is 626.00 Cr.. The value appears strong and on an upward trend. It has increased from 586.00 Cr. (Mar 2025) to 626.00 Cr., marking an increase of 40.00 Cr..
For Borrowings, as of Sep 2025, the value is 358.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2025) which recorded 358.00 Cr..
For Other Liabilities, as of Sep 2025, the value is 275.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 220.00 Cr. (Mar 2025) to 275.00 Cr., marking an increase of 55.00 Cr..
For Total Liabilities, as of Sep 2025, the value is 1,384.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,284.00 Cr. (Mar 2025) to 1,384.00 Cr., marking an increase of 100.00 Cr..
For Fixed Assets, as of Sep 2025, the value is 602.00 Cr.. The value appears to be declining and may need further review. It has decreased from 613.00 Cr. (Mar 2025) to 602.00 Cr., marking a decrease of 11.00 Cr..
For CWIP, as of Sep 2025, the value is 3.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 3.00 Cr..
For Investments, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
For Other Assets, as of Sep 2025, the value is 778.00 Cr.. The value appears strong and on an upward trend. It has increased from 668.00 Cr. (Mar 2025) to 778.00 Cr., marking an increase of 110.00 Cr..
For Total Assets, as of Sep 2025, the value is 1,384.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,284.00 Cr. (Mar 2025) to 1,384.00 Cr., marking an increase of 100.00 Cr..

Notably, the Reserves (626.00 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.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	147	91	166	-149	50	60	37	79	5	138	-48	97
Cash from Investing Activity +	-46	-34	-9	-6	-2	-3	-2	13	9	-14	-49	-15
Cash from Financing Activity +	-102	-49	-163	151	-49	-58	-10	-116	-1	-120	98	-81
Net Cash Flow	-1	8	-5	-4	-0	-1	25	-23	13	4	1	1

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-272.00	-538.00	-540.00	-908.00	-12.00	23.00	70.00	-304.00	-352.00	-262.00	-284.00	-234.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	62	72	59	62	39	14	18	22	31	30	59	62
Inventory Days	218	195	190	215	268	257	344	100	98	88	123	126
Days Payable	185	169	153	36	45	59	65	49	33	45	52	58
Cash Conversion Cycle	95	99	96	241	262	212	297	74	95	73	129	129
Working Capital Days	3	15	-4	-56	-172	-159	-191	40	35	15	103	82
ROCE %	17%	18%	13%	4%	-3%	-0%	5%	11%	10%	8%	8%	10%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	50.94%	55.92%	55.92%	55.92%	55.41%	49.57%	52.91%	52.91%	52.91%	52.91%	50.80%	50.80%
FIIs	4.52%	4.30%	4.01%	3.87%	1.47%	0.69%	0.69%	0.69%	0.72%	0.42%	0.29%	0.30%
DIIs	0.75%	0.66%	0.66%	0.66%	1.26%	1.26%	1.26%	1.26%	1.26%	1.58%	2.58%	2.58%
Government	0.30%	0.26%	0.26%	0.26%	0.26%	0.26%	0.26%	0.26%	0.26%	0.26%	0.25%	0.25%
Public	43.48%	38.86%	39.13%	39.29%	41.61%	48.23%	44.88%	44.88%	44.86%	44.83%	46.07%	46.06%
No. of Shareholders	73,148	79,461	98,470	1,40,783	2,70,147	2,87,055	3,00,122	3,08,537	3,15,124	3,11,058	3,11,914	3,04,644

Shareholding Pattern Chart

No. of Shareholders

Steel Exchange India Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	1.00	1.00	1.00	10.00	10.00
Basic EPS (Rs.)	0.22	0.09	-0.71	13.42	18.27
Diluted EPS (Rs.)	0.22	0.09	-0.71	13.34	18.27
Cash EPS (Rs.)	0.41	0.26	-0.33	15.92	20.48
Book Value[Excl.RevalReserv]/Share (Rs.)	4.27	3.79	2.83	32.12	10.12
Book Value[Incl.RevalReserv]/Share (Rs.)	5.89	5.52	4.84	55.75	37.62
Revenue From Operations / Share (Rs.)	9.55	9.09	13.35	124.82	111.76
PBDIT / Share (Rs.)	1.20	0.83	0.97	14.35	17.38
PBIT / Share (Rs.)	1.00	0.66	0.74	11.65	14.31
PBT / Share (Rs.)	0.37	0.01	-0.27	1.64	17.74
Net Profit / Share (Rs.)	0.21	0.09	-0.56	13.22	17.41
PBDIT Margin (%)	12.55	9.22	7.32	11.49	15.55
PBIT Margin (%)	10.49	7.26	5.56	9.33	12.80
PBT Margin (%)	3.97	0.11	-2.04	1.31	15.87
Net Profit Margin (%)	2.26	0.99	-4.23	10.59	15.57
Return on Networth / Equity (%)	5.07	2.40	-19.97	41.16	171.98
Return on Capital Employeed (%)	12.39	7.87	10.33	12.26	14.99
Return On Assets (%)	2.01	0.85	-5.19	10.42	14.15
Long Term Debt / Equity (X)	0.47	0.75	0.77	1.21	5.07
Total Debt / Equity (X)	0.70	0.84	0.81	1.25	5.07
Asset Turnover Ratio (%)	0.89	0.90	1.23	1.04	0.75
Current Ratio (X)	1.91	2.08	1.20	1.43	1.46
Quick Ratio (X)	0.94	0.95	0.46	0.58	0.58
Inventory Turnover Ratio (X)	3.80	2.69	3.47	3.45	1.48
Interest Coverage Ratio (X)	1.93	1.29	0.96	1.43	5.32
Interest Coverage Ratio (Post Tax) (X)	1.35	1.14	0.44	2.32	4.28
Enterprise Value (Cr.)	1268.50	2017.55	1632.19	2450.85	911.88
EV / Net Operating Revenue (X)	1.11	1.85	1.18	2.23	1.01
EV / EBITDA (X)	8.83	20.09	16.05	19.40	6.53
MarketCap / Net Operating Revenue (X)	0.81	1.52	1.02	1.92	0.56
Price / BV (X)	1.82	3.65	4.80	7.47	6.19
Price / Net Operating Revenue (X)	0.81	1.52	1.02	1.92	0.56
EarningsYield	0.02	0.01	-0.04	0.05	0.27

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 4.27. It has increased from 3.79 (Mar 24) to 4.27, marking an increase of 0.48.
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 5.07. This value is below the healthy minimum of 15. It has increased from 2.40 (Mar 24) to 5.07, marking an increase of 2.67.
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 0.47. This value is within the healthy range. It has decreased from 0.75 (Mar 24) to 0.47, marking a decrease of 0.28.
For Total Debt / Equity (X), as of Mar 25, the value is 0.70. This value is within the healthy range. It has decreased from 0.84 (Mar 24) to 0.70, marking a decrease of 0.14.
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 3.80. This value is below the healthy minimum of 4. It has increased from 2.69 (Mar 24) to 3.80, marking an increase of 1.11.
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 1.82. This value is within the healthy range. It has decreased from 3.65 (Mar 24) to 1.82, marking a decrease of 1.83.
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.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Steel Exchange India Ltd as of March 7, 2026 is: ₹6.54

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 7, 2026, Steel Exchange India Ltd is Overvalued by 23.15% compared to the current share price ₹8.51

Intrinsic Value of Steel Exchange India Ltd as of March 7, 2026 is: ₹4.34

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 7, 2026, Steel Exchange India Ltd is Overvalued by 49.00% compared to the current share price ₹8.51

Last 5 Year EPS CAGR: -33.63%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -24.08, which is a positive sign.	The stock has a low average ROCE of 8.42%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 150.17, which may not be favorable. The company has higher borrowings (634.08) compared to reserves (310.62), which may suggest financial risk. The company has not shown consistent growth in sales (200.85) and profit (-3.77).

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Steel Exchange India Ltd:
1. Net Profit Margin: 2.26%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 12.39% (Industry Average ROCE: 8.78%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 5.07% (Industry Average ROE: 7.09%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 1.35
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.94
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 54.8 (Industry average Stock P/E: 22.94)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.7
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Steel Exchange India Ltd. is a Public Limited Listed company incorporated on 24/02/1999 and has its registered office in the State of Telangana, India. Company's Corporate Identification Number(CIN) is L74100TG1999PLC031191 and registration number is 031191. Currently Company is involved in the business activities of Manufacture of basic iron and steel. Company's Total Operating Revenue is Rs. 1144.02 Cr. and Equity Capital is Rs. 119.76 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Steel	D. No:1-65/K/60, Plot No: 60, 01st Floor, Hyderabad Telangana 500081	Contact not found

Management
Name	Position Held
Mr. Bandi Satish Kumar	Chairman & Managing Director
Mr. Bandi Suresh Kumar	Joint Managing Director
Mr. Mohit Sai Kumar Bandi	Whole Time Director
Mr. Y Siva Sagar Rao	Independent Director
Mr. Veera Brahma Rao Arekapudi	Independent Director
Mrs. Bhagyam Ramani	Independent Director
Mr. Subbarao Venkata Munnang	Independent Director
Mr. Ram Mohan Nagoji	Nominee Director

FAQ

What is the intrinsic value of Steel Exchange India Ltd?

Steel Exchange India Ltd's intrinsic value (as of 07 March 2026) is ₹4.34 which is 49.00% lower the current market price of ₹8.51, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹1,061 Cr. market cap, FY2025-2026 high/low of ₹11.6/7.06, reserves of ₹626 Cr, and liabilities of ₹1,384 Cr.

What is the Market Cap of Steel Exchange India Ltd?

The Market Cap of Steel Exchange India Ltd is 1,061 Cr..

What is the current Stock Price of Steel Exchange India Ltd as on 07 March 2026?

The current stock price of Steel Exchange India Ltd as on 07 March 2026 is ₹8.51.

What is the High / Low of Steel Exchange India Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Steel Exchange India Ltd stocks is ₹11.6/7.06.

What is the Stock P/E of Steel Exchange India Ltd?

The Stock P/E of Steel Exchange India Ltd is 54.8.

What is the Book Value of Steel Exchange India Ltd?

The Book Value of Steel Exchange India Ltd is 6.02.

What is the Dividend Yield of Steel Exchange India Ltd?

The Dividend Yield of Steel Exchange India Ltd is 0.00 %.

What is the ROCE of Steel Exchange India Ltd?

The ROCE of Steel Exchange India Ltd is 9.84 %.

What is the ROE of Steel Exchange India Ltd?

The ROE of Steel Exchange India Ltd is 2.43 %.

What is the Face Value of Steel Exchange India Ltd?

The Face Value of Steel Exchange India Ltd is 1.00.