Steel Exchange India Q4: Revenue Rises to ₹2.91 Billion, Net Profit at ₹47.6 Million Despite Debt Pressures
Updated: May 19, 2025 19:07
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Steel Exchange India Ltd (SEIL) has reported its March 2025 quarter results, reflecting steady operational performance amid ongoing industry and financial challenges. The company posted a total revenue from operations of ₹2.91 billion and a net profit of ₹47.6 million, demonstrating resilience in a volatile steel market.
Key Highlights:
Revenue Growth: SEIL’s Q4 revenue from operations stood at ₹2.91 billion (₹291 crore), showing a sequential improvement and reflecting stable demand for its steel products despite sector headwinds.
Profitability: The company recorded a net profit of ₹47.6 million (₹4.76 crore) for the quarter, up from previous periods, supported by increased sales and operational efficiencies, though profit margins remain modest due to high input and finance costs.
Operational Efficiency: The recent completion of capacity expansion at its TMT bar plant to 3.57 lakh MTPA is expected to drive future revenue and profitability, with benefits anticipated from FY26 onwards.
Financial Health: While profitability has improved, SEIL continues to face high debt levels, with debt-to-equity at 1.5x and significant repayments scheduled. The company has taken steps to refinance high-cost debentures and raised equity through share warrants to strengthen its balance sheet.
Market Performance: Despite positive Q4 results, the stock has underperformed the sector, impacted by broader market volatility and concerns over debt and pledged promoter shares.
Steel Exchange India’s Q4 results highlight steady revenue growth and operational progress, but ongoing debt management will be crucial for sustained recovery and investor confidence.