Steel Exchange India Ltd (STEELXIND) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Steel Exchange India Ltd on NSE and BSE, with an AI summary of each filing.
Revised Press Release
Press Release · 04 Nov 2026, 11:37 pm
Steel Exchange India Reports 734% YoY PAT Surge in Q2 FY27 Steel Exchange India reported a stellar Q2 FY27 standalone net profit of ₹17.62 Cr, surging 734.09% YoY from ₹2.11 Cr, with PAT margins expanding 423 bps to 5.13%. Total income rose 47.42% YoY and 27% QoQ to ₹343.35 Cr, while EBITDA grew 33.50% YoY to ₹38.21 Cr. Growth was powered by record quarterly re-bar production of 69,617 MT following the commissioning of an upgraded reheating furnace. The company deleveraged total debt by ~₹102 Cr since Dec'25, reducing finance costs by 27% YoY to ₹14.11 Cr.
Monitoring Agency Report
Others (Uncategorized) · 04 Nov 2026, 8:16 pm
Steel Exchange India Preferential Issue Monitoring Agency Report Shows Nil Deviation Infomerics Valuation and Rating released the Monitoring Agency Report for Steel Exchange India Limited for the quarter ended 30th Sep'26 regarding its Rs 341.58 crore preferential warrant issue. Total net proceeds received reached Rs 152.39 crore, comprising Rs 85.39 crore application money, Rs 55.50 crore in Q1FY27, and Rs 11.50 crore in Q2FY27. The company fully utilized the received Rs 152.39 crore across debt repayment (Rs 74.99 crore), working capital (Rs 65.56 crore), and general corporate purposes (Rs 11.84 crore), reporting nil deviations or delays.
Press Release
Press Release · 04 Nov 2026, 8:05 pm
Steel Exchange India Delivers Record Q2 FY27 Results with 835% YoY PAT Surge Steel Exchange India reported an 835% YoY surge in Q2 FY27 PAT to ₹17.62 Cr (vs ₹2.11 Cr in Q2 FY26), alongside a 47% YoY revenue increase to ₹343.35 Cr (~27% QoQ). Strong performance was driven by operational leverage from its upgraded Reheating Furnace and record Re-Bar output of 69,617.42 MT. Total debt fell by ~₹102 Cr since Dec'25, prompting a credit upgrade to IVR BBB+/Stable. The firm secured an NMDC iron ore MoU and key empanelments for Amaravati and Defence projects.
Allotments
Others (Uncategorized) · 04 Nov 2026, 7:00 pm
Steel Exchange India Reports Q2 Results and Approves Warrant Conversion Steel Exchange India's board approved the conversion of 8.04 cr preferential warrants into equity shares at Rs. 9.45 per share (face value Rs. 1), boosting paid-up equity capital to Rs. 135.59 cr from Rs. 127.55 cr. For the quarter ended 30th Sep'26, consolidated revenue from operations rose 48.1% YoY to Rs. 343.16 cr compared to Rs. 231.76 cr in Q2 FY26. Consolidated net profit surged over eightfold YoY to Rs. 17.62 cr from Rs. 2.11 cr, maintaining an operating EBITDA margin of 10%.
Asset Cover Certificates for quarter eneded 30.09.2026
Others (Uncategorized) · 04 Nov 2026, 6:49 pm
Steel Exchange India Q2 Financial Results and Preferential Warrant Conversion Steel Exchange India reported Q2'26 consolidated revenue of ₹34,315.75 lakhs, up 48.06% YoY from ₹23,176.30 lakhs and 27.23% QoQ. Net profit surged 734.12% YoY and 17.29% QoQ to ₹1,762.34 lakhs. H1'26 revenue reached ₹61,287.14 lakhs with net profit of ₹3,264.91 lakhs. The board approved converting 8,04,23,279 warrants at ₹9.45 per share into equity, increasing paid-up capital to ₹1,35,59,41,691. Total secured debt stood at ₹39,950.01 lakhs with an asset coverage ratio of 3.49x as of 30th Sep'26.
Unaudited Results for quarter and half year ended 30.09.2026
Financial Result · 04 Nov 2026, 6:44 pm
STEEL EXCHANGE INDIA LIMITED has informed the Exchange regarding Outcome of Board Meeting held on November 04, 2026.
Outcome · 04 Nov 2026, 6:31 pm
Pursuant to Reg. 30, 33, 52 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors ....
Outcome · 04 Nov 2026, 6:30 pm
STEEL EXCHANGE INDIA LIMITED has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Outcome · 04 Nov 2026, 6:27 pm
Steel Exchange India Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Lakh) ■ Revenue: 34,316 (+48.1% YoY | +27.2% QoQ) ■ EBITDA: 3,801 (+38.4% YoY | +11.0% QoQ) ■ EBITDA Margin (%): 11.1 (-78 bps YoY | -162 bps QoQ) ■ PAT: 1,762 (+734.1% YoY | +17.3% QoQ) ■ EPS (INR): 0.14 (+600.0% YoY | +16.7% QoQ) Steel Exchange India Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Lakh) Segmental Performance Steel ■ Revenue: 33,868 (+49.3% YoY | +27.4% QoQ) ■ EBIT: 3,056 (+40.4% YoY | +8.7% QoQ) ■ EBIT Margin (%): 9.0 (-57 bps YoY | -155 bps QoQ) Power ■ Revenue: 2,889 (+20.9% YoY | +9.4% QoQ) ■ EBIT: -34.4 (+60.6% YoY | +49.0% QoQ) ■ EBIT Margin (%): -1.2 (+246 bps YoY | +136 bps QoQ) Logistics ■ Revenue: 158 (+204.0% YoY | -3.2% QoQ) ■ EBIT: 152 (+208.6% YoY | -3.6% QoQ) ■ EBIT Margin (%): 96.5 (+144 bps YoY | -41 bps QoQ)
Steel Exchange India Limited has informed the Exchange about Board Meeting to be held on 04-Nov-2026 to consider and approve the Quarterly Unaudited Financial results of the Company for the period ended September 2026 and Other business.
Intimation · 04 Nov 2026, 5:30 am
To consider and approve the financial results for the period ended September 30, 2026 and other business matters
Intimation · 04 Nov 2026, 5:30 am
Steel Exchange India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2026 ,inter alia, to consider and approve Notice is hereby given ....
Intimation · 04 Nov 2026, 5:30 am
Steel Exchange India Board Meeting Scheduled on 4th Nov'26 for Q2 Earnings Steel Exchange India Limited has scheduled a meeting of its Board of Directors on 4th Nov'26 to consider and approve the un-audited financial results for the quarter and half-year ended 30th Sep'26. In compliance with insider trading regulations, the trading window for dealing in company securities has been closed since 1st Oct'26 and will remain closed until 48 hours after the declaration of the financial results.
Press Release
Press Release · 13 Oct 2026, 4:20 pm
Steel Exchange India Reports Record Production, Deleveraging, and Credit Upgrade in H1 FY27 Steel Exchange India delivered strong Q2 FY27 performance, with consolidated revenue rising ~45% YoY and 25% QoQ. Quarterly Re-Bar production hit a record 69,617.424 MT, aided by a new Reheating Furnace expanding monthly capacity by ~27%. The company reduced debt by ₹102 Crore, discharging ~30% of long-term debt since Dec'25. Infomerics upgraded its long-term rating two notches to IVR BBB+/Stable. Additionally, it secured a 4-year iron ore MoU with NMDC and won approvals for APCRDA's ₹65,000 Crore Amaravati project alongside a 5-year MES renewal.
Press Release
Press Release · 08 Oct 2026, 3:11 pm
Steel Exchange India Clocks Record Q2 FY27 Revenue of ₹340 Crore Steel Exchange India reported provisional consolidated revenue of ~₹340 Crore for Q2 FY27, surging ~45% YoY and ~25% QoQ amid turnaround momentum. Growth was driven by highest-ever quarterly Re-Bar production of 69,465 MT, supported by a record monthly output of 25,095.035 MT in Sep'26. Operationalization of the Reheating Furnace structurally enhanced manufacturing yields and capacity utilization. Furthermore, the company is diversifying into higher-margin specialty steels under the PLI scheme to support import substitution and long-term earnings expansion.
Intimation of Payment of Partial Redemption and Interest to the Secured NCD Holders under Regulation 57 of SEBI (LODR) Regulations, 2015.
Others (Uncategorized) · 07 Oct 2026, 11:12 pm
Steel Exchange India Executes Partial NCD Redemption and Monthly Interest Payment Steel Exchange India Limited has completed a scheduled partial redemption and monthly interest payment on its secured Non-Convertible Debentures (ISIN: INE503B07044) on 7th Oct'26. The company redeemed principal amounting to Rs 2.79 cr, reducing the face value per debenture from Rs 3,87,345 to Rs 3,80,037, leaving an outstanding balance of Rs 145.48 cr against the total issue size of Rs 382.80 cr. Additionally, the company paid monthly interest totaling Rs 1.49 cr on the scheduled due date.
Press Release
Press Release · 06 Oct 2026, 4:45 pm
Steel Exchange India Achieves Record Re-Bar Production in Sep'26 Quarter Steel Exchange India Limited achieved its highest-ever monthly and quarterly Rolling Mill Re-Bar production, delivering 25,095.035 MT in Sep'26 and 69,617.424 MT for the quarter ended 30th Sep'26. The milestone was driven by the operationalisation of its Reheating Furnace (RHF), which contributed 7,417.380 MT in Sep'26 alongside 17,677.655 MT from the Continuous Casting Machine. RHF cumulative output reached 14,882.668 MT across Aug-Sep'26. Management expects these elevated production capabilities to sustain going forward to meet growing demand for its SIMHADRI TMT brand.
Intimation under Regulation 30 of SEBI (LODR)
Others (Uncategorized) · 05 Oct 2026, 6:09 pm
Steel Exchange India Achieves Record Monthly and Quarterly Re-Bar Production Steel Exchange India achieved its highest-ever monthly and quarterly re-bar production in its Rolling Mill since inception. For the quarter ended 30th Sep'26 (July–Sep'26), total production reached a record 69,617.424 MT. Output for Sep'26 peaked at 25,095.035 MT—comprising 17,677.655 MT via Continuous Casting Machine and 7,417.380 MT via Reheating Furnace—surpassing its previous record of 24,823.509 MT set in Aug'26 and 19,698.880 MT recorded in Jul'26.
Outcome of Schedule of Analyst / Institutional Investor Meet
Others (Uncategorized) · 30 Sept 2026, 9:19 pm
Steel Exchange India Participates in Arihant Bharat Connect Conference Steel Exchange India Limited informed stock exchanges that company officials attended the Arihant Bharat Connect Conference: Rising Stars 2026 on 30th Sep'26. The interaction was conducted virtually via a Zoom meeting from 2:00 PM to 2:45 PM. The company confirmed that no unpublished price-sensitive information (UPSI) was shared or disclosed during the session.
Investor Meet
Intimation · 24 Sept 2026, 11:45 pm
Steel Exchange India to Attend Arihant Bharat Connect Conference Steel Exchange India Limited announced that its officials will participate in the Arihant Bharat Connect Conference: Rising Stars 2026 on 30th Sep'26. The company confirmed that interactions with investors and analysts will be based solely on publicly available information, with no discussion of Unpublished Price Sensitive Information (UPSI).
Outcome of Schedule of Analyst/Institutional Investor meet
Others (Uncategorized) · 24 Sept 2026, 12:00 am
Steel Exchange India Concludes Institutional Investor and Analyst Meeting Steel Exchange India Limited conducted an analyst and institutional investor meeting via Zoom on 23rd Sep'26 from 04:00 PM to 04:55 PM. Key participants included Profit Tantra Financial Services, Invest4edu, Dolat Capital, Equirus, and individual investors Sahil Kumar, Paryan Sharma, and Dhruv P. The company confirmed all discussions relied exclusively on publicly available information without sharing any Unpublished Price Sensitive Information (UPSI).
Credit Rating
Others (Uncategorized) · 23 Sept 2026, 4:21 pm
Steel Exchange India Secures Credit Rating Upgrades Across Debt Instruments Infomerics Valuation and Rating upgraded Steel Exchange India’s credit ratings across debt instruments as of 22nd Sep'26. Ratings for Rs. 198.56 crore of Non-Convertible Debentures and Rs. 359.63 crore of Long-Term Bank Facilities were upgraded to 'IVR BBB+/Stable' from 'IVR BBB-/Stable'. Additionally, the company's Short-Term Bank Facilities rating was upgraded to 'IVR A2' from 'IVR A3', reflecting improved operational and financial stability.
Analyst/Investor Meet
Intimation · 18 Sept 2026, 9:34 pm
Steel Exchange India Schedules Virtual Analyst and Investor Interaction Steel Exchange India Limited announced that its management will host an interaction with analysts and investors via a virtual meeting on Wed, 23rd Sep'26, at 04:00 PM. The company stated that discussions will adhere to regulatory compliance, relying solely on publicly available information with no unpublished price-sensitive information being shared.
Monitoring Agency Report for the quarter ended June 30, 2026.
Others (Uncategorized) · 16 Sept 2026, 11:30 pm
Steel Exchange India Fully Utilises Preferential Issue Receipts with Zero Deviation Infomerics Valuation and Rating reported zero deviation in object utilization for Steel Exchange India’s Rs. 341.58 crore preferential warrant issue as of 30th Jun'26. Against total net proceeds received of Rs. 140.89 crore (comprising Rs. 85.39 crore upfront subscription and Rs. 55.50 crore received in Q1FY27), 100% of available funds have been fully deployed. Cumulative utilization comprises Rs. 74.99 crore for debt repayment and servicing, Rs. 54.06 crore for working capital requirements, and Rs. 11.84 crore for general corporate purposes, leaving nil unutilized funds.
Press Release
Press Release · 09 Sept 2026, 3:22 pm
Steel Exchange India Signs 4-Year Strategic Iron Ore Procurement MoU With NMDC Steel Exchange India Limited signed a 4-year strategic MoU with NMDC Limited on 9th Sep'26 to procure consistent-grade iron ore fines (Fe 61–63%+) from NMDC's upcoming Visakhapatnam Buffer Stockpile & Blending Yard. The agreement secures raw material supply for SEIL’s Vizianagaram operations, cuts freight costs, and minimizes transit times. This follows SEIL’s record monthly Re-Bar production of 24,823.509 MT post the operationalization of its new Reheating Furnace, supporting higher mill utilization, backward integration, and near-term capacity expansion under its SIMHADRI TMT brand.
Execution of MoU with NMDC Limited
Others (Uncategorized) · 09 Sept 2026, 3:03 pm
Steel Exchange India Signs Four-Year Iron Ore Procurement MoU With NMDC Steel Exchange India Limited entered into a non-exclusive, non-binding MoU with NMDC Limited on 8th Sep'26 for a primary term of four years. The agreement establishes an operational framework to procure consistent grade Iron Ore Fines (61–63% Fe content and above) from NMDC's upcoming Buffer Stockpile & Blending Yard in Visakhapatnam, Andhra Pradesh. The arrangement aims to secure long-term raw material supply for the company's integrated steel manufacturing operations and support near-term expansion plans, subject to definitive long-term agreements.