STEEL EXCHANGE INDIA LIMITED has informed the Exchange regarding Board meeting held on May 19, 2025.
STEELXIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.4 pts less than Nifty Microcap 250 and 3.7 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.
Minute windows have no benchmark: there is no intraday index history to compare against.
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.