Steel Exchange India Limited
Incorporated in February 1999, SEIL is primarily engaged in manufacturing and trading TMT bars, billets, ingots, sponge iron, and power generation. The company operates a manufacturing facility for sponge iron (220,000 Tons Per Annum (TPA)), billets ...
Key Metrics
EPS
0.09
Current ratio
2.08
Debt/Equity
0.69
Debt/EBITDA
4.52
Interest coverage ratio
1.02
Operating Cashflow to total debt
0.30
Financials
Pros & Cons
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Here's what we like about this company and potential risks we have identified.
Pros
Experienced promoters & long track record of operations
Integrated steel plant with strategic location benefits
Established brand name with product diversification
Cons
Higher inventory and receivables days, further enhancing working capital requirements
Competitive landscape and vulnerability to commodity risks
Weak coverage indicators
Liquidity: Stretched
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About Steel Exchange India Limited bond.
This comprehensive profile covers key factual information about Steel Exchange India Limited. Incorporated in February 1999, SEIL is primarily engaged in manufacturing and trading TMT bars, billets, ingots, sponge iron, and power generation. The company operates a manufacturing facility for sponge iron (220,000 Tons Per Annum (TPA)), billets (250,000 TPA), ingots (90,000 TPA), and TMT bars (225,000 TPA). Additionally, the company is involved in the sale and purchase of steel products through its trading division. Furthermore, SEIL owns an 11.84 MW gas-based power plant, and a 60 MW thermal power plant located within the premises of SEIL. EPS in Mar-2024 was 0.09. Current ratio in Mar-2024 was 2.08. Debt/Equity in Mar-2024 was 0.69. Debt/EBITDA in Mar-2024 was 4.52. Interest coverage ratio in Mar-2024 was 1.02. Operating Cashflow to total debt in Mar-2024 was 0.30. Total revenue for Mar-2025(E) was ₹1218.55. Net income for Mar-2025(E) stood at ₹-67.82. Total assets as of Mar-2024 were ₹1268.09. Operating cash flow for Mar-2024 was ₹137.68. The company’s borrowing relationships include Kotak Mahindra Bank Limited (₹N/A Cr), Kotak Mahindra Bank Limited (₹N/A Cr). Peers and comparison entities consist of Steel Exchange India Limited, JSW Steel Limited, Tata Steel Limited, Jindal Steel And Power Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Experienced promoters & long track record of operations; Integrated steel plant with strategic location benefits; Established brand name with product diversification ; . Key risks include: Higher inventory and receivables days, further enhancing working capital requirements; Competitive landscape and vulnerability to commodity risks; Weak coverage indicators; Liquidity: Stretched. Leadership team details include Bandi Satish Kumar (Chairman and Managing Director ), Bandi Suresh Kumar (Joint Managing Director), Bandi Ramesh Kumar (Joint Managing Director), Yendamuri Siva Sagar Rao (Independent Director), Sujata Chattopadhyay (Independent Director), Veera Brahma Rao Arekapudi (Independent Director), Bhagyam Ramani (Independent Director), Subbarao Venkata Munnang (Independent Director), C Siva Prasad (Independent Director), K Krishna Rao (Independent Director), R Ramachandra Rao (Independent Director), Shyam Jagetiya (Independent Director). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.