STEEL EXCHANGE INDIA LIMITED has informed the Exchange regarding Board meeting held on May 19, 2025.
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Steel Exchange India's board met on May 19, 2025 and approved audited results for Q4 and FY ending March 31, 2025. Full-year revenue rose about 5% to ₹1,14,402 lakhs (vs ₹1,09,129 lakhs last year), while net profit jumped sharply to ₹2,593 lakhs (vs ₹1,089 lakhs) — a roughly 138% increase. Operating EBITDA margin expanded from 8% to 12%, and the company swung to a positive operating cash flow of ₹9,672 lakhs (vs a negative ₹4,797 lakhs last year). Debt-equity improved to 0.48 from 0.57. Q4 standalone revenue, however, dipped about 7% year-on-year and Q4 net profit fell to ₹476 lakhs from ₹1,975 lakhs. The company also commissioned expanded steel capacity (SMS to 3,62,000 MTPA, Rolling Mill to 3,57,000 MTPA) and approved a new wholly-owned subsidiary, SEIL Infra Logistics Limited, to monetise non-core assets and land in infrastructure and logistics. Statutory auditor Pavuluri & Co. issued an unmodified (clean) opinion, and B S S & Associates was appointed as Secretarial Auditor for 5 years.
Strong full-year turnaround in profitability and cash generation, combined with clean audit and reduced leverage, is a positive signal for shareholders. The sharp Q4 sequential and year-on-year profit dip and revenue softness may temper near-term sentiment, but the new subsidiary and capacity expansion point to growth optionality.