Steel Exchange India Ltd Share Price – NSE  / BSE

Steel, Small Cap

Net profit of Steel Exchange India rose 159.87% to Rs 12.37 crore in the quarter ended March 2026 as against Rs 4.76 crore during the previous quarter ended March 2025. Sales declined 1.40% to Rs 287.33 crore in the quarter ended March 2026 as against Rs 291.42 crore during the previous quarter ended March 2025.

For the full year,net profit rose 4.09% to Rs 26.99 crore in the year ended March 2026 as against Rs 25.93 crore during the previous year ended March 2025. Sales declined 7.39% to Rs 1059.44 crore in the year ended March 2026 as against Rs 1144.02 crore during the previous year ended March 2025.

Powered by Capital Market - Live News

Steel Exchange India will hold a meeting of the Board of Directors of the Company on 25 May 2026.

Steel Exchange India has received, on 05 May 2026, renewal of approval from the Military Engineer Services (MES), under the Ministry of Defence, for the supply of its TMT bars.

This approval pertains to the manufacturing of TMT bars under the brand SIMHADRI TMT, of grades Fe 500D and Fe 500D HCRM, in the size range of 8 mm to 32 mm, produced at the Company's integrated steel plant located at Sriram Puram, Vizianagaram, Andhra Pradesh, using TEMPCORE technology.

Steel Exchange India has allotted 4.40 crore convertible equity warrants at Rs 9.45 per warrant on preferential basis, aggregating to Rs 10.40 crore on receipt of 25% subscription amount.

The company also allotted 14.10 lakh equity shares on conversion of 2,82,97,870 existing warrants following receipt of balance subscription money aggregating to Rs 29.92 crore.

Commenting on the update, the management of Steel Exchange India said: ? The warrant allotment and subsequent conversion represent a strategic step in strengthening our capital base and enhancing financial flexibility. This positions us well to scale operations, improve supply chain efficiencies and pursue growth opportunities across the steel value chain, while continuing to build long-term value.?