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Steel Exchange India Ltd Fundamentals

Market Cap
₹ 1585.34 Cr
P/E Ratio (TTM)
148.44
P/B Ratio
3.51
Debt to Equity
1.38
ROE
0.00
EPS (TTM)
0.09
Dividend Yield
0.00 %
Book Value
3.81

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Steel Exchange India Ltd Financials

Steel Exchange India Ltd Financials

Steel Exchange India Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 55.41 % 55.92 % 55.92 % 55.92 %
Retail 26.76 % 22.78 % 22.60 % 21.32 %
Others 16.36 % 17.43 % 17.47 % 18.47 %
FII 1.47 % 3.87 % 4.01 % 4.29 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

55.41%

Retail

26.76%

Others

16.36%

FII

1.47%

Mutual Funds

0.00%

Promoters

55.92%

Retail

22.78%

Others

17.43%

FII

3.87%

Mutual Funds

0.00%

Promoters

55.92%

Retail

22.60%

Others

17.47%

FII

4.01%

Mutual Funds

0.00%

Promoters

55.92%

Retail

21.32%

Others

18.47%

FII

4.29%

Mutual Funds

0.00%

Resistance and Support

₹13.37

PIVOT

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Resistance
First Resistance₹13.583
Second Resistance₹13.817
Third Resistance₹14.033
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Support
First Support₹13.133
Second Support₹12.917
Third Support₹12.683

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day2,220,0071,552,50775.45
Week2,057,5642,120,4091.82
1 Month2,057,5642,594,1101.82
6 Months1,179,874,774574,048,93754.24

About Steel Exchange India Ltd

Steel Exchange India Ltd is an India-based company. The company operates in six divisions, namely Trading Division, Steel Melting Division, Rolling Division, Wire Drawing and HC Wire Products & Galvanized Wire Division, Pyxis Software Division and Sponge Iron Division. The company's Trading Division deals with a range of products, such as sponge iron, semi and finished steel products. They also deal with the products manufactured by RINL (Vizag Steel), their own manufacturing divisions and other manufacturers for special products. The Steel Melting Division manufactures ingots using sponge iron and scrap/ pig iron. The Rolling Division of the company has two rolling units producing thousand metric tons (TMT) bars and steel rebars. The two units of Wire Drawing and HC Wire Products & Galvanized Wire Division produce wire products, carbon steel wire products and galvanized wire products. The company's Pyxis Software Division deals with the development of software and software products. The Sponge Iron Division is located at Viziznagaram District, which is having a capacity of 225,000 TPA. Steel Exchange India Ltd was incorporated in the year 1999 as a public limited company. Steel Exchange India Limited acquired a well-established steel specific vertical B2B portal www.steelexchangeindia.com, which had been promoted and developed by its holding company Pyxis Technology Solutions. As per the scheme of amalgamation, Steel Exchange India Ltd and Simhadri Steels Pvt Ltd were amalgamated with the company and the name was changed to Steel Exchange India Ltd with effect from April 2003. During the year 2006-07, the company entered a scheme of arrangement with Vizag Profiles Ltd for transferring the Steel Division of Vizag Profiles Ltd to the company. Vizag Profiles Ltd merged with the company with effect from April 1, 2006. During the year 2008-09, the company took on lease 225,000 TPA Sponge Iron unit of GSAL (India) Ltd with effect from October 1, 2008. Also, they decided to sell/ dispose off the old Rolling Mill situated in Andhra Pradesh. The Draft Scheme of Amalgamation of Simhadri Power Limited (SPL) and Steel Exchange India Ltd (SEIL/ the Company) was approved by the Board in July, 2013 and made effective from 1st April, 2013, as the Appointed Date. Consequently, the transfer of and vesting of the business Undertaking of SPL stood transferred and was taken over by SEIL.

Managing Director

1999

Founded

B Satish Kumar

NSE Symbol

STEELXIND

Steel Exchange India Ltd Management

NameDesignation
B Satish KumarChairman & Managing Director
B Suresh KumarJoint Managing Director
V V Krishna RaoDirector
B SureshDirector
R Ramachandra RaoIndependent Director
C Siva PrasadIndependent Director
K Krishna RaoIndependent Director
Sujata ChattopadhyayIndependent Director
Bandi Ramesh KumarJoint Managing Director & CFO
M Raveendra BabuCompany Sec. & Compli. Officer
Shyam JagetiyaNominee
Siva Sagar Rao YendamuriIndependent Director
Veera Brahma Rao ArekapudiIndependent Director
Mohit Sai Kumar BandiAdditional Director

Steel Exchange India Ltd News

Steel Exchange India reports standalone net profit of Rs 19.75 crore in the March 2024 quarter
Sales decline 21.61% to Rs 312.15 crore
Steel Exchange India to discuss results
On 3 May 2024
Steel Exchange India schedules EGM
On 11 March 2024
Steel Exchange India to hold board meeting
On 14 February 2024
Steel Exchange India allots 8.27 cr convertible warrants
Steel Exchange India to hold EGM
On 18 December 2023
Steel Exchange India reports standalone net loss of Rs 3.65 crore in the September 2023 quarter
Sales decline 14.33% to Rs 269.45 crore
Board of Steel Exchange India to consider fund raising options
On 18 November 2023
Steel Exchange India to hold board meeting
On 14 November 2023
Steel Exchange India to hold board meeting
On 18 November 2023

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Steel Exchange India Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Steel Exchange India Ltd shares in BlinkX

Steel Exchange India Ltd's P/E ratio is 148.44 times as of May 18, 2024 at 01:44 PM.

Steel Exchange India Ltd's most recent financial reports indicate a price-to-book ratio of 3.51, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Steel Exchange India Ltd's market is 1,585 Cr as on May 18, 2024 at 01:44 PM.

The current financial records of Steel Exchange India Ltd show a 0.00% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Steel Exchange India Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

As of the Mar 2024 quarter, the promoter shareholding in Steel Exchange India Ltd stands at 55.41%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 3.87% to 1.47%.