Skip to main content

Go Premium in Our Biggest Sale Ever

UPGRADE NOW
TipRanks
Go Ultimate75% OFF

Steel Exchange India Limited (STEELXIND) Stock Price & Analysis

2 Followers

STEELXIND Stock Chart & Stats

₹10.62₹0.02(0.19%)
At close: 3:30 PM GMT+5:30
₹10₹11₹12Aug 17Aug 31Sep 15Sep 28Oct 12Oct 26Nov 9
Day’s Range
INR 10.50 - INR 10.73
52-Week Range
INR 6.97 - INR 13.84
Previous Close
INR 10.60
Volume
N/A
Average Volume (3M)
268.88K
Market Cap
INR 13.52B
Enterprise Value
INR 13.03B
Total Cash (Recent Filing)
INR 162.36M
Total Debt (Recent Filing)
INR 0
Price to Earnings (P/E)
28.1
Beta
1.30
Next Earnings
Feb 18, 2027 (Est.)
EPS Estimate
N/A
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Improving Leverage

The substantial reduction in debt-to-equity improves financial flexibility and makes the company better positioned to withstand steel-sector cyclicality. Although debt rose again in FY2026, the recent leverage profile remains more manageable than earlier levels and supports continued operations.

Return To Profitability

Returning to positive earnings after the FY2023 loss indicates that the business retains the ability to restore profitability across changing market conditions. This provides a stronger base for reinvestment and balance-sheet support, even though current margins remain modest.

Growing Equity And Asset Base

An expanding equity base strengthens the company’s capacity to absorb volatility in a cyclical steel market, while steady asset growth supports operating scale. Together, these trends provide a broader foundation for serving construction and infrastructure demand over the medium term.

Bears Say

Weak And Inconsistent Cash Generation

Repeated negative operating and free cash flow makes reported earnings less reliable as a source of internally generated funding. Cash conversion may remain vulnerable to working-capital movements or capital spending, increasing financial pressure during a steel-sector downturn.

Revenue Contraction And Volatility

The reversal from strong earlier growth to declines in FY2024 and FY2026 shows that revenue remains exposed to cyclical demand and pricing conditions. Continued contraction would limit operating leverage, reduce reinvestment capacity, and make earnings recovery less durable.

Thin Profitability And Low Returns

Very thin net margins leave limited protection against weaker steel prices, softer demand, or cost pressure. Low returns on equity also indicate that the company is not yet generating strong earnings relative to its capital base, constraining the quality of growth.

Steel Exchange India Limited News

STEELXIND FAQ

What was Steel Exchange India Limited’s price range in the past 12 months?
Steel Exchange India Limited lowest stock price was ₹6.97 and its highest was ₹13.84 in the past 12 months.
What is Steel Exchange India Limited’s market cap?
Steel Exchange India Limited’s market cap is ₹13.52B.
When is Steel Exchange India Limited’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Steel Exchange India Limited’s earnings last quarter?
Steel Exchange India Limited released its earnings results on Jul 20, 2026. The company reported ₹0.12 earnings per share for the quarter.
Is Steel Exchange India Limited overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Steel Exchange India Limited pay dividends?
Steel Exchange India Limited does not currently pay dividends.
What is Steel Exchange India Limited’s EPS estimate?
Steel Exchange India Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Steel Exchange India Limited have?
Steel Exchange India Limited has 1,275,518,400 shares outstanding.
What happened to Steel Exchange India Limited’s price movement after its last earnings report?
Steel Exchange India Limited reported an EPS of ₹0.12 in its last earnings report. Following the earnings report the stock price went up 1.307%.
Which hedge fund is a major shareholder of Steel Exchange India Limited?
Currently, no hedge funds are holding shares in IN:STEELXIND
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology