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Steel Exchange India Limited (IN:STEELXIND)
:STEELXIND
India Market
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Steel Exchange India Limited (STEELXIND) Price & Analysis

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STEELXIND Stock Chart & Stats

₹10.58
₹0.03(0.27%)
At close: 4:00 PM EDT
₹10.58
₹0.03(0.27%)

Bulls Say, Bears Say

Bulls Say
Improved LeverageLower leverage improves financial resilience and reduces the burden of debt relative to shareholder capital. This gives Steel Exchange India greater capacity to withstand steel-cycle volatility, support operations, and allocate capital while maintaining a more manageable balance sheet.
Profitability RecoveryThe return to positive earnings after the FY2023 loss shows that the business can recover when operating conditions improve. Continued profitability provides an internal foundation for reinvestment and strengthens the company’s ability to manage cyclical changes in steel demand.
Established Steel Distribution ModelManufacturing long steel products for construction and infrastructure gives the company a clear, established market role. Its dealer and distribution network supports access to customers across the building value chain, helping convert production capacity into recurring domestic sales.
Bears Say
Inconsistent Cash GenerationRepeated negative operating and free cash flow indicate that accounting earnings are not consistently converting into liquidity. Working-capital swings or capital spending pressure can constrain debt service, investment, and resilience during weaker points in the steel cycle.
Revenue VolatilityThe uneven revenue pattern shows meaningful exposure to cyclical steel demand and pricing conditions. The latest contraction can reduce operating leverage and make production planning, inventory management, and earnings visibility more difficult over the next several quarters.
Thin ProfitabilityThin margins leave limited protection against changes in steel prices, input costs, or operating efficiency. Low returns on equity also indicate that the company is generating modest earnings relative to its capital base, limiting the durability of shareholder returns.

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 ₹15.47B.
      When is Steel Exchange India Limited’s upcoming earnings report date?
      Steel Exchange India Limited’s upcoming earnings report date is Oct 16, 2026 which is in 30 days.
        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?
          According to Wall Street analysts Steel Exchange India Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            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 down -0.249%.
                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

                  Company Description

                  Steel Exchange India Limited

                  Steel Exchange India Limited is an India-based enterprise primarily involved in the fabrication and distribution of steel items. The company organizes its business across three segments: Trading, Steel Ingot production, and its Integrated Steel Plant. It fabricates a range of products, including steel ingots made from sponge iron, scrap, or pig iron, along with TMT bars, which are sold under the "Simhadri TMT Bars" trademark. Furthermore, the company produces various forms of sponge iron, such as lumps, fines, and briquettes, alongside steel billets. Beyond its manufacturing operations, Steel Exchange India also conducts extensive trading activities, dealing in everything from finished steel and semi-finished goods to coal, scrap, and sponge iron. An innovative component of its business includes the generation of power by harnessing waste heat. Founded in Visakhapatnam, India, in 1999, the company maintains its principal office there.

                  Steel Exchange India Limited (STEELXIND) Earnings & Revenues

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