MoneyWorks4Me

Steel Exchange India Ltd (STEELXIND)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 534748 NSE: STEELXIND Steel/Sponge Iron/Pig Iron | Small Cap | Steel Exchange India Share Price

₹10.90 0.28 (2.64%)

As on 13-Aug'26 16:59

Steel Exchange India Ltd (STEELXIND)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 534748 NSE: STEELXIND Steel/Sponge Iron/Pig Iron | Small Cap | Steel Exchange India Share Price

₹10.90 0.28 (2.64%)

As on 13-Aug'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹1,390 Cr.
Current Price
₹10.9
52-Week Low / High
₹7 / 14
TTM EPS
₹0.3
TTM Sales
₹1,029 Cr.
Book Value per Share
₹4.7
P/E Ratio
43.74
Higher than its 5-year historical median
Industry PE
33.2
Price to Book (P/B)
2.33
Lower than its 5-year historical median
Price to Sales (P/S)
1.35
Higher than its 5-year historical median
EV/EBITDA
13.09
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
5.38%
Underperforms industry median
Return on Capital Employed (ROCE)
11.97%
In line with industry median
Return on Assets (ROA)
2.07%
Operating Profit Margin
12.4%
Net Profit Margin
2.55%
Gross Profit Margin
6.5%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
-7.39%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
5.84%
Net Profit Growth (1 Year)
-
4.09%
Asset Quality
Promoter Holding
49.67%
Pledged shares (%) of Promoter's holding (%)
99.95%
Reserves
₹488 Cr.
Equity
₹127.6 Cr.
Face Value
₹1
All Time Low / High
₹0.91 / 26.35

Steel Exchange India stock performance

Key Ratios
mw4me loader

Check Before You Invest

Quality

Somewhat Good

Valuation

Fair

Price Trend

Semi Strong
Q.1 Is Steel Exchange India Ltd a good quality company?
Steel Exchange India Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Steel Exchange India Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Steel Exchange India Ltd vs industry peers?
Steel Exchange India Ltd revenue CAGR is 3.35%, compared to the industry median CAGR of 7.29%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Steel Exchange India Ltd?
Promoters hold 49.67% of the Steel Exchange India Ltd, with 99.95% of their stake pledged, indicating high pledge risk.
Q.1 Stock return of Steel Exchange India Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 5.1% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Steel Exchange India Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % -0.1%-7.9%-0.8%4.7%23.5%17%11.5%10.8%14.3%12%-
Value Creation
Index
-1.0NANA-0.70.70.2-0.2-0.20.0-0.2-

Growth Parameters

Sales 1,2719221,0247818981,0991,3751,0911,1441,0591,029
Sales YoY Gr.--27.5%11.1%-23.7%15.1%22.4%25.1%-20.7%4.8%-7.4%-
Adj EPS -1.6-2.2-0.40.811.2-0.60.10.10.20.3
YoY Gr.-NANANA21.5%26%-147.1%NA33.3%58.3%-
BVPS (₹) 0.9-1.4-1.9-10.82.92.83.53.94.44.7
Adj Net
Profit
-120-170-31.360.177107-58.910.914.523.832
Cash Flow from Ops. -14950.459.936.779.35.3138-4896.7-38-
Debt/CF from Ops. -6.621.217.127.75.583.72.5-83.7-11-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -2%3.4%-8.3%-7.4%
Adj EPS NA-27.7%NA58.3%
BVPS19.4%40.7%16.4%13%
Share Price 5.3% 7.1% -4.5% 6.2%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
-35.1-79.9-28.548.733.626.9-11.71.92.13.25.5
Op. Profit
Mgn %
5.9-1.21.58.611.69.56.98.610.812.413
Net Profit
Mgn %
-9.4-18.5-3.17.78.69.7-4.311.32.33.1
Debt to
Equity
14.7-10.4-7.2-13.36.91.71.20.90.80.8-
Working Cap
Days
286344272330210126116173185227125
Cash Conv.
Cycle
14625819022613064649610914563

Valuation of Steel Exchange India - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *62.3861.2586.0498.7699.9599.9599.9599.9599.9599.95
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales1,2719221,0247818981,0991,3751,0911,1441,059
Operating Expenses + 1,1979331,0097157959951,2819971,020928
Manufacturing Costs79677754486162605862
Material Costs1,0797908416127058831,167879890790
Employee Cost 24242626263032353946
Other Costs 15516623162119233230
Operating Profit 74-1115661041049494124131
Operating Profit Margin (%) 5.8%-1.2%1.4%8.5%11.5%9.5%6.9%8.6%10.8%12.4%
Other Income + 881415362276207
Exceptional Items -53-48-7-115400000
Interest 1571361032688106787569
Depreciation 30293027252424212428
Profit Before Tax -159-215-173914314-2814540
Tax -2-4520-253-10231-102013
Profit After Tax -157-170-3764140116-59112627
PAT Margin (%) -12.4%-18.5%-3.6%8.2%15.6%10.6%-4.3%1.0%2.3%2.6%
Adjusted EPS (₹)-2.1-2.2-0.50.91.71.3-0.60.10.20.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 29812891156302481507639665755
Share Capital 767676768088104120120125
Reserves 222521580222392403519545631
Debt +874928868842413354239348257362
Long Term Debt183154123103413344229341240268
Short Term Debt6917747457390101081794
Minority Interest0000000000
Trade Payables108971361099581143126141107
Others Liabilities 436381333281179132203106192129
Total Liabilities 1,7161,5331,4281,3879891,0471,0921,2181,2541,353

Fixed Assets

Net Fixed Assets +695717691666612596579570613590
Gross Block1,0251,0761,0791,0811,0441,0501,0551,0621,1041,109
Accumulated Depreciation330359389415432454476492490519
CWIP 5455467133036
Investments 0000000000
Inventories636579593577194237282296306396
Trade Receivables2159839385592112175192221
Cash Equivalents 16842651519202116
Others Assets 9812596761179986128118124
Total Assets 1,7161,5331,4281,3879891,0471,0921,2181,2541,353
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + -149506037795138-4897-38
PBT -159-215-173914314-2814540
Adjustment 2412119649-1598128958196
Changes in Working Capital -23054-19-52-48-10738-144-30-169
Tax Paid -0000-00000-5
Cash Flow From Investing Activity + -6-2-3-2139-14-49-158
Capex -5-51-3-21510-7-12-6110
Net Investments 0000000000
Others -15000-2-0-6-3746-2
Cash Flow From Financing Activity + 151-49-58-10-116-1-12098-8125
Net Proceeds from Shares 00001730115136055
Net Proceeds from Borrowing 0000000000
Interest Paid -157-136-10-3-26-88-106-78-75-69
Dividend Paid 0000000000
Others 30986-48-7-10757-12940-640
Net Cash Flow -4-0-125-2313411-5
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)-95.7000072.61-21.623.095.915.38
ROCE (%)-0.14-7.86-0.784.6923.4716.9711.4910.8414.2711.97
Asset Turnover Ratio0.740.570.690.560.761.081.30.940.930.81
PAT to CFO Conversion(x)N/AN/AN/A0.580.560.04N/A-4.363.73-1.41
Working Capital Days
Receivable Days66.1061.4024.4017.9018.9024.4026.904858.5071.30
Inventory Days185.80238.30208.50272.30156.3071.5068.3096.6096120.90
Payable Days116.1047.2050.507352.8036.303555.9054.6057.10

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Steel Exchange India Ltd FAQs

The current trading price of Steel Exchange India on 13-Aug-2026 16:59 is ₹10.90.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 12-Aug-2026 the market cap of Steel Exchange India stood at ₹1,390.3 Cr

The latest P/E ratio of Steel Exchange India as of 12-Aug-2026 is 43.74.

The latest P/B ratio of Steel Exchange India as of 12-Aug-2026 is 2.33.

The 52-week high of Steel Exchange India is ₹13.84 and the 52-week low is ₹6.97.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Steel Exchange India is ₹1,029 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Steel Exchange India Ltd is a average quality company.

The key valuation ratios of Steel Exchange India Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Steel Exchange India Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Steel Exchange India Ltd

Steel Exchange India is India’s first online steel e-commerce portal established in 1999 and is dedicated to the Indian steel industry specifically and to steel as a whole. Steel Exchange India aims to be a global gateway to the Indian steel community and to steel. The company shall persevere to innovate through information technology to provide steel customers an efficient and transparent market place and to take the Indian steel industry to a new threshold of glory.

This platform is conceptualized and developed by Pyxis Technology Solutions and Vizag Profiles Group. It is associated to Visakhapatnam Steel Plant under a MOU for maintaining its site www.vizagsteel.com and the two sites are linked and exchange data. Steelexchangeindia has also signed an MOU with Steelnext, an associate company of Reliance Infocomm for furthering online steel trade in India.

Partners:

• Pyxis Technology Solutions
• Vizag Profiles
• Vizag Steel
• Institute for Steel Development & Growth

You have 4 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: