Press Release
STEELXIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Steel Exchange India Limited reported strong Q4 FY26 results with net profit jumping 443% QoQ to ₹12.37 crore, driven by a 118% QoQ surge in EBITDA to ₹50.10 crore. Total income grew 19.45% QoQ to ₹287.70 crore, while EBITDA margin expanded significantly from 9.54% to 17.41%, an improvement of 788 basis points. For full year FY26, the company reported total income of ₹1,066.42 crore, EBITDA of ₹138.03 crore, and net profit of ₹26.99 crore. The company also strengthened its balance sheet by raising ₹85 crore via convertible warrants as part of a ₹350 crore preferential issue, and redeemed ₹43.19 crore of NCDs, reducing total debt by over 20% since October 2025.
The sharp margin expansion and aggressive debt reduction signal operational efficiency gains and improving financial health, which could be positive for the stock given the strong sequential recovery in profitability.