Steel Exchange Key Ratios
NSE: STEELXIND | BSE: 534748
₹11.34
As on 04-Sep-2026 15:59IST
Market cap
₹1,445 Cr
Revenue (TTM)
₹1,029 Cr
P/E Ratio
45.5
P/B Ratio
2.4
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -6.13 | -10.10 | -12.78 | -6.72 | -0.76 |
| EBIT | -34.61 | 15.91 | 0.92 | 21.62 | -2.73 |
| Net Profit | 21.47 | 46.90 | -5.35 | 34.61 | -19.37 |
| EPS | 18.75 | 37.94 | -10.09 | 32.84 | -33.24 |
| Book Value | -- | -- | 13.08 | 16.43 | 40.85 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 8.38 | 7.51 | 10.36 | 9.70 | 8.76 |
| Net Margin
| 1.92 | 2.38 | 3.08 | 2.53 | 2.23 |
| Return on equity
| 4.79 | 13.07 | 4.19 | 5.38 | 5.91 |
| Return on Capital
| 12.36 | 13.11 | -- | 11.97 | 14.27 |
| Return on Assets
| 1.70 | 2.21 | 2.39 | 2.07 | 2.10 |
| Debt to Equity (x)
| -- | -- | 0.35 | 0.77 | 0.78 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
--
|
11.97
|
14.27
|
10.84
|
11.49
|
|
Peer Median
|
--
|
15.78
|
13.43
|
14.31
|
--
|
ROE
4.19
Lower than Peers by 7.20
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
4.19
|
5.38
|
5.91
|
3.09
|
-21.62
|
|
Peer Median
|
11.38
|
13.96
|
9.72
|
9.24
|
--
|
ROA
2.39
Lower than Peers by 3.79
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
2.39
|
2.07
|
2.10
|
0.94
|
-5.50
|
|
Peer Median
|
6.18
|
7.95
|
6.85
|
5.92
|
--
|
EBIT Margin
10.36
Higher than Peers by 2.66
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
10.36
|
9.70
|
8.76
|
6.67
|
5.10
|
|
Peer Median
|
7.69
|
10.36
|
8.99
|
8.42
|
--
|
Net Margin
3.08
Lower than Peers by 1.69
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
3.08
|
2.53
|
2.23
|
0.99
|
-4.26
|
|
Peer Median
|
4.77
|
6.48
|
4.83
|
3.76
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
--
|
5.22
|
4.33
|
2.95
|
-2.48
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-12.78
Lower than Peers by 16.56
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
-12.78
|
-7.39
|
4.83
|
-20.66
|
25.10
|
|
Peer Median
|
3.78
|
21.35
|
4.90
|
4.26
|
--
|
EBIT Growth
0.92
Lower than Peers by 13.96
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
0.92
|
2.48
|
37.73
|
3.84
|
-12.80
|
|
Peer Median
|
14.88
|
25.43
|
21.50
|
31.27
|
--
|
Net Profit Growth
-5.35
Lower than Peers by 27.42
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
-5.35
|
4.07
|
138.24
|
118.50
|
-150.52
|
|
Peer Median
|
22.07
|
95.33
|
26.11
|
19.14
|
--
|
EPS Growth
-10.09
Lower than Peers by 31.35
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
-10.09
|
-0.05
|
138.17
|
116.06
|
-142.81
|
|
Peer Median
|
21.26
|
25.05
|
34.31
|
46.08
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
--
|
17.76
|
10.58
|
45.42
|
11.22
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.35
Higher than Peers by 0.31
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
0.35
|
0.77
|
0.78
|
0.92
|
1.19
|
|
Peer Median
|
0.04
|
0.39
|
0.32
|
0.33
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
--
|
0.12
|
0.02
|
0.01
|
0.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.26
Higher than Peers by 0.84
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
2.26
|
2.26
|
1.87
|
2.47
|
1.20
|
|
Peer Median
|
1.41
|
1.53
|
1.50
|
1.34
|
--
|
Quick Ratio
1.01
Higher than Peers by 0.15
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
1.01
|
1.01
|
0.90
|
1.14
|
0.46
|
|
Peer Median
|
0.85
|
1.73
|
1.42
|
1.26
|
--
|
Interest Coverage
1.70
Lower than Peers by 3.86
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
1.70
|
1.58
|
1.61
|
1.02
|
0.73
|
|
Peer Median
|
5.56
|
6.12
|
4.76
|
7.75
|
--
|
Operating Efficiency
Debtors to sales
21.51
Higher than Peers by 14.65
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
21.51
|
20.90
|
16.80
|
16.00
|
8.17
|
|
Peer Median
|
6.86
|
10.86
|
8.99
|
7.90
|
--
|
Asset Turnover
0.77
Lower than Peers by 0.39
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
0.77
|
0.81
|
0.93
|
0.94
|
1.30
|
|
Peer Median
|
1.17
|
1.39
|
1.40
|
1.64
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
--
|
71.26
|
58.52
|
48.00
|
26.88
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
--
|
120.92
|
96.01
|
96.55
|
68.25
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
--
|
57.10
|
54.56
|
55.85
|
35.03
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
--
|
135.08
|
99.97
|
88.70
|
60.10
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
45.47
Higher than Peers by 25.36
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
45.47
|
32.72
|
35.94
|
152.04
|
--
|
|
Peer Median
|
20.11
|
20.11
|
25.09
|
25.61
|
--
|
Price / Book Value
2.42
Higher than Peers by 0.49
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
2.42
|
1.63
|
2.02
|
3.97
|
4.93
|
|
Peer Median
|
1.93
|
2.12
|
2.45
|
2.66
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
13.49
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
13.49
|
9.30
|
8.83
|
20.09
|
17.05
|
|
Peer Median
|
--
|
14.39
|
19.71
|
20.87
|
--
|
Market Cap
1,445
Higher than Peers by 419
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Steel Exchange
|
1,445
|
883
|
932
|
1,655
|
1,413
|
|
Peer Median
|
1,027
|
490
|
497
|
469
|
--
|