Makes and sells steel products, primarily TMT bars under the SIMHADRI TMT brand, through a Steel segment that contributed 91.3% of FY26 segment revenue at Rs 1,042.40 crore. A Power segment, which supplies captive electricity, generated 8.4% (Rs 96.23 crore) and a small Logistics segment added the remaining 0.3% (Rs 3.48 crore). Manufacturing scale includes a rebar mill with capacity of 3.57 lakh tons and a steel-making shop of 3.6 lakh tons, following recent step-ups. A Rs 210 crore conversion contract from RINL will add 1.2 lakh tons per year of TMT bar production and is expected to lift rebar mill utilisation from 43% to 85-90% by Q4 FY26. A new wholly-owned subsidiary, SEIL Infra Logistics, has been set up to monetise 200 acres of surplus land and target Rs 14-15 crore of annual net profit from Q4 FY26. Raw materials are the dominant input cost at 69.2% of revenue, with employees at 4.4% and other operating expenses at 8.6%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Steel (91%), Power (8%), Logistics (0%). Asset-heavy steel maker with captive power and a small logistics arm
| ₹ crore · consolidated |
|---|
| Revenue |
| EBITDA (ex other income) |
| margin % |
| Owners' profit |
| EPS, as reported (₹) |
| ROE % · ROCE % |
| Debt / equity (x) |
| Cash from operations |
| Capex |
| ₹ crore | Q1 FY27 |
|---|---|
| Revenue | 270 |
| Profit before tax | 15 |
| Net profit | 15 |
| EPS (₹) | 0.12 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| WELSPUN CORP LIMITED | 70,880 | 30.7 | 7.54 | 30.2 | 17.2 | 14.9 | 21.1 | 18.5 |
| APL APOLLO TUBES LTD | 59,803 | 48.6 | 11.29 | 31.1 | 22.7 | 26.1 | 22.1 | 8.0 |
| SHYAM METALICS AND ENGY L | 29,979 | 26.8 | 2.43 | 12.2 | 8.6 | 11.4 | 24.1 | 14.9 |
| JINDAL SAW LIMITED | 20,016 | 30.5 | 1.63 | 10.5 | 7.5 | 6.8 | 10.9 | 9.4 |
| RATNAMANI MET & TUB LTD. | 19,815 | 45.8 | 4.71 | 23.1 | 12.7 | 15.6 | 14.4 | 18.5 |
| GODAWARI POW & ISP LTD | 15,875 | 18.6 | 2.71 | 12.0 | 13.7 | 17.0 | 5.7 | 21.0 |
| USHA MARTIN LTD. | 15,069 | 29.7 | 4.56 | 19.8 | 14.1 | 17.7 | 12.0 | 21.0 |
| GALLANTT ISPAT LIMITED | 13,270 | 30.6 | 4.00 | 17.7 | 14.6 | 16.8 | 34.4 | 17.8 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 9 Sept 2026 · SEIL signs 4-year MoU with NMDC for iron ore supply | strategic transactions | high | — | — |
| 9 Sept 2026 · Steel Exchange India signs MoU with NMDC for iron ore supply | strategic transactions | medium | — | — |
| 7 Sept 2026 · On-time monthly interest payment of about Rs 1.54 cr on secured NCDs | credit debt | low | — | — |
| 4 Sept 2026 · Steel Exchange India hits record monthly Re-Bar output of 24,823 MT in August 2026 | business updates | medium | — | — |
| 3 Sept 2026 · Highest-ever monthly Re-Bars production of 24,823 MT in August 2026 | business updates | medium | — | — |
| 24 Aug 2026 · 27th AGM Results: All 6 Resolutions Passed with Overwhelming Majority | board shareholder meetings | medium | — | — |
| 22 Aug 2026 · Steel Exchange India holds 27th AGM; all 6 resolutions passed | board shareholder meetings | low | — | — |
| 7 Aug 2026 · Timely interest payment on Secured Non-Convertible Debentures | credit debt | medium | — | — |
| 5 Aug 2026 · Clarification on Q1 FY27 consolidated results after new subsidiary acquisition | results | medium | — | — |
| 31 Jul 2026 · Notice of 27th AGM, Book Closure and E-Voting info for FY 2025-26 | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 102.0 | 16.2 | 110 of 118 | 7% |
| EBITDA margin | 13.1 | 11.0 | 40 of 100 | 61% |
| Market cap | 1561 | 247 | 32 of 120 | 74% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
