Audited Finncial Results 31.03.2026

Director flagged a governance concernManagement Changes View source PDF Explain this filing

STEELXIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.4%Reaction day

₹10.43

prior close

₹10.34

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.6%-1.2% vs market

Iron & Steel Products peers, median of 96sector+0.9%-0.5% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 0.5 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.6

10m

-0.3

15m

+1.5

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4+1.6-1.2+0.9-0.5

Next day

+4.5+2.3+2.2+1.2+3.3

+14.4+2.3+12.1+1.7+12.7

+21.9+1.6+20.2-0.4+22.2

+22.2+0.5+21.7-1.3+23.5

+16.2+1.6+14.6+0.0+16.2

+16.0+2.7+13.3+0.6+15.4

15d

+18.9+5.4+13.5+1.6+17.3

+18.6+7.3+11.3-0.0+18.6

+12.2+8.6+3.6-0.3+12.4

+4.3+13.0-8.7-0.8+5.2

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 96Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Steel Exchange India Limited reported FY2026 revenue of ₹1,05,944 lakhs, down 7.4% from ₹1,14,402 lakhs in FY2025. Net profit increased slightly to ₹2,699 lakhs vs ₹2,593 lakhs. The company appointed Mr. Vankina Sri Rakesh as new CFO ( Chartered Accountant with 40 years experience) and gave additional finance oversight to existing Joint MD Mr. Suresh Kumar Bandi (now titled Joint MD & Director Finance). Mr. Anirudh Misra, founder of IMR Group with 40 years in metals/mining, was appointed as Additional Non-Executive Director subject to shareholder approval. Key concern: auditors flagged a DSCR (Debt Service Coverage Ratio) covenant breach on NCDs. NCD outstanding reduced significantly from ₹34,026 lakhs to ₹19,501 lakhs.

Likely market impact

Revenue decline reflects challenging steel/power sector conditions. DSCR covenant breach is a credit concern for NCD holders. New experienced CFO and director appointments strengthen the finance team. Positive debt reduction reduces financial risk.