💡 Did you know?
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
History
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Steel Exchange India Limited is an India-based manufacturer of thermo mechanically treated (TMT) rebars under the brand SIMHADRI TMT. It is primarily engaged in the manufacturing of steel products and allied activities at its integrated steel plant (ISP) located close to…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, fast-growing business.
Steel Exchange India is scored on the commodity / cyclical framework. It keeps a thin 2.5% of every rupee of sales as net profit.
Over the last 3 years revenue compounded at 60%/yr and profit at 241%/yr. Return on equity is an elite 18.1%. In the latest quarter profit grew 22% versus the prior quarter.
It trades at 31× earnings. Today's price implies ~15%/yr earnings growth for a decade. The books come through clean — a forensic grade of A.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 30.89 | — | — |
| P/B | 2.29 | 2.12 | worse |
| EV/EBITDA | 12.7 | 7.63 | worse |
| ROE | 18.05 | 4.57 | better |
| ROCE | 20.23 | 9.37 | better |
| ROA | 5.3 | 4.31 | better |
| Quick Ratio | 1.01 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| JSW Steel | 10.5 | 2.9 | 11.9% |
| Tata Steel | 20.6 | 2.3 | 10.6% |
| Jindal Steel & Power | 41.5 | 2.3 | 6.2% |
Revenue fell 6% QoQ — could be seasonality or a genuine slowdown.
Profit jumped 22% QoQ — check if this is operating leverage or a one-off item. Quarterly net margins are expanding (3% → 6%) — profitability per rupee of revenue is improving.
P/E band unavailable — needs 5y of consistent EPS + price history.
Promoters at 49.7% — dispersed ownership; institutional flows drive the stock. Promoters reduced 1.1pp over 4 quarters — watch whether this is planned divestment or pledge invocations.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.