Steel Exchange India Ltd Stock Analysis

BSE: 534748 | NSE: STEELXIND | Steel/Sponge Iron/Pig Iron | Small Cap

BSE Share Price 23-Sep-2022 18:01
12.69 -0.21 (-1.63%)

DeciZen - Make an Informed Decision on Steel Exchange India

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

Steel Exchange India Price Chart

P/E Ratio (SA) :
9.58
Market Cap :
1,117.8 Cr.
52-wk low :
6.8
52-wk high :
26.4
Bole Toh?

1. Is Steel Exchange India Ltd a good quality company?

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

2. Is Steel Exchange India Ltd undervalued or overvalued?

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.

3. Is Steel Exchange India Ltd a good buy now?

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

10 Year X-Ray of Steel Exchange India:

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

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 13.3%13.3%12.8%8.7%-0.8%-6.1%-2.1%5.5%10%20.2%-
Value Creation Index -0.1-0.1-0.1-0.4-1.1NANA-0.6-0.30.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,3091,2551,5651,6711,2719221,0247818981,0991,197
YoY Gr. Rt. %--4.1%24.7%6.8%-24%-27.5%11.1%-23.7%15.1%22.4%-
Adj EPS 1.20.70.50.1-1.6-2.2-0.40.811.21.3
YoY Gr. Rt. %--37.6%-30.1%-80.4%-1670%NANANA21.5%26%-
BVPS (₹) 4.444.43.40.9-1.4-1.9-10.82.93
Adj Net Profit 6138.126.37.4-120-170-31.360.177107116
Cash Flow from Ops. 10314790.7166-14950.459.936.779.34.2-
Debt/CF from Ops. 5.52.77.94.1-6.621.217.127.75.5105.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -1.9%-2.9%2.4%22.4%
Adj EPS 0.4%NANA26%
BVPS -4.527.20270.9
Share Price 8.5% 9.4% 128% 78%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 17.912.77.61.9-35.1-79.9-28.548.733.626.944.4
Op. Profit Mgn % 9.810.411.39.25.9-1.21.58.611.69.59.2
Net Profit Mgn % 4.731.70.4-9.4-18.5-3.17.78.69.79.7
Debt to Equity 2.41.93.12.414.7-10.4-7.2-13.36.91.7-
Working Cap Days 2802372282372863442723302101260
Cash Conv. Cycle 57616366146258190226130640

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 44.40%

Sales growth is good in last 4 quarters at 11.38%

Sales growth has been subdued in last 3 years 2.40%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Steel Exchange India Ltd.

Standalone Consolidated
TTM EPS (₹) 1.3 0
TTM Sales (₹ Cr.) 1,197 512
BVPS (₹.) 3 0
Reserves (₹ Cr.) 192 8
P/BV 4.20 0.00
PE 9.58 288.39
From the Market
52 Week Low / High (₹) 6.75 / 26.35
All Time Low / High (₹) 0.91 / 26.35
Market Cap (₹ Cr.) 1,118
Equity (₹ Cr.) 88.1
Face Value (₹) 1
Industry PE 3.8

Management X-Ray of Steel Exchange India :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *33.4033.4033.4033.400.0081.9798.9298.9298.9298.92
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Steel Exchange India

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

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

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