About Steel Exchange India Ltd
The Steel Exchange India Ltd is one of the leading companies in the Indian iron and Steel industry. Established in 1999, it is the flagship company of the Vizag Profiles Group. The SEIL is a leading manufacturer of TMT Rebars under the brand ‘SIMHADRI TMT’. The company is primarily engaged in the manufacturing of steel products and allied activities at its Integrated Steel Plant located near Visakhapatnam, Andhra Pradesh.
However, Stell Exchange India Ltd is essentially offering a comprehensive solution for steel needs from production to marketing across various steel products. The SEIL is taking steps to diversify into the production of special steel by taking advantage of production-linked incentives offered by the Government of India. However, the SEIL has an 11.84MW gas power plant and a 60MW thermal power plant. This company operates three steel plants.
Steel Exchange India Ltd Share Performance
To make any investment decision, investors should analyse the Share Price Performace os the company first. The Steel Exchange India Ltd Share Performance can be analysed in two categories: Historical Share Performance and Current Performance:
Historical Performance of Steel Exchange Share
The Steel Exchange India Ltd was listed on the stock exchanges in 2017 with a price of ₹9.68. The company’s all-time share return has declined by -1.48 (-15.29%). In December 2017, the Share Price of Steel Exchange Indian declined by ₹3.48. During the 2018 to 2020, the SEIL share price fluctuated between ₹4.41 to ₹2.23.
Again in 2021, the Share Price rose at ₹4.89 and the Share was in the upward trend. In the beginning of 2022, the Share Price hit the price of ₹21.57. During the January to April of 2022, the share price was fluctuating between ₹21.57 and ₹25.40. After the Mid of 2022, the Share Price has continuously decreased.
Steel Exchange India Ltd Share Current Performance
The Steel Exchange Share Price is currently running at a price of ₹8.20. In the past six months, the share price has covered the range of ₹13.26 to ₹8.20. It means the share price of SEIL has decreased by -5.06. The Analysis of the Past 5 Days of the SEIL Stock is facing a rollercoaster journey and fluctuated between ₹8.25 to ₹8.20.
Steel Exchange India Ltd Fundamental Analysis
Metric | Value |
Market Cap | ₹968.89 Crore |
52-Week High | ₹15.80 |
52-Week Low | ₹7.70 |
Face Value | ₹1 |
Book Value | ₹ 5.48 |
Return on Equity (ROE) | 1.85 % |
Return on Capital Employed (ROCE) | 8.16 % |
P/B Ratio | 1.48 |
P/E Ratio (TTM) |
23.16
|
Dividend Yield | 0.00% |
Sales Growth (YoY) | 27.24% (Q3 2024-25) |
Profit Growth (YoY) | 7452.38 (Q3 2024-25) |
Diluted EPS (Rs.) | 0.13 |
Cash EPS (Rs.) | 0.27 |
Promoter Holding | 52.91% (Dec 2024) |
Net Profit Margin | 4.84% (December 2024) |
Debt-to-Equity Ratio | 0.84 (March 2024) |
Technical Analysis of Steel Exchange India Ltd Share
Trend Analysis: By analysing the Long-Term Trend Analysis (6+ months), it shows that the Steel Exchange India Ltd is in the downward position, which indicates a neutral to slightly bearish trend.
Moving Averages: The SEIL’s share price 50-day moving average is currently at ₹8.50, which indicates the short-term trend and serves as the potential resistance level. The 200-day moving average is at ₹10.00, indicating the long-term trend and indicates a bearish outlook as the current price is below this level.
RSI & MACD Indicators: RSI (39.46) indicates the stock is nearing oversold territory, which may suggest a potential reversal or bounce back. The MACD is currently negative, indicating bearish momentum but could indicate a possible change if it moves above the signal line in the future.
Conclusion: Wait for confirmation of a reversal or stabilization before making any buying decisions. Monitor for signs of upward movement in the coming days.
Steel Exchange Share Price Target 2025, 2026, 2027, 2028, 2029, 2030 to 2050
The Steel Exchange Share Price have the potential to become a high share return stock in a few years. So, we have shared a view of the Steel Exchange Share Price Target for 2025 to 2050. Look at the below:
Years | Share Price (Rs.) |
---|---|
2025 | ₹10-₹30 |
2026 | ₹32-₹43 |
2027 | ₹45-₹50 |
2028 | ₹52- ₹62 |
2029 | ₹65 -₹74 |
2030 | ₹78 – ₹85 |
2035 | ₹90 -₹105 |
2040 | ₹200-₹350 |
2045 | ₹450-₹600 |
2050 | ₹1250-₹1580 |
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Steel Exchange Share Price Target 2025
As per the previous share performance, the Seteel Exchange India Ltd is giving a 9% CGAR in the last 10 Years. Which has increased to 65% in the last 5 years. The company’s Compounded Sales Growth is stable as per the analysis of previous performance. Company’s 5 Years Compounded Sales Growth is 1% and the last three Years or 12 months CSG is stuck at 7%. The company maintain it very well and it could be increased at 20% in the upcoming years. If the company improve its CGR, the share price for 2025 will be:
Higher Target Price | ₹30 |
Lower Target Price | ₹10 |
Steel Exchange Share Price Target 2026
The Compounded Profit Growth (CPG) of the Steel Exchange India Ltd was -11% in the last 10 Years, and increased at 18% in the last 3 Years. In recent years, the CPG of the company has drastically decreased and CPG reach at -47% in the last three years. But, the last 12 months CPG is 179%. If the company increases its Compounded Profit Growth percentages, then the Steel Exchange Share Price Target for 2026 will fluctuate between:
Higher Target Price | ₹43 |
Lower Target Price | ₹32 |
Steel Exchange Share Price Target 2027
The Steel Exchange Indian Ltd has recorded a Return on Equity of 11% in the last five years, and the last three years ROE is 4%. As per the last year ROE was 2%, which is amazing, factors to growth for SEIL. Apart from this, the company is constantly increasing its Sales & Operating Profit growth. If the company could not manage it, the share price will decrease against the provided target price for 2027:
Higher Target Price | ₹50 |
Lower Target Price | ₹45 |
Steel Exchange Share Price Target 2028
As per the December 2024 (Q3), the SEIL Revenue is recorded at 327.5Cr, which increased 27.77% from previous records. The company net income is 15.86Cr as per the December 2024 (Q3), which also increased up to 7476.27% (YoY). If the company achieves the targeted Revenue and net income for the FY 2024-25, then the share price will rapidly increase by the end of 2028. So, the Steel Exchange Share Price Target 2028 will be:
Higher Target Price | ₹62 |
Lower Target Price | ₹52 |
Steel Exchange Share Price Target 2029
The Steel Exchange India’s net profit stood at Rs 19.75 crore in the quarter ended March 2024 as against a net loss of Rs 42.61 crore during the previous quarter ended March 2023. Company’s Sales declined by 21.61% to Rs 312.15 crore in the quarter ended March 2024 as against Rs 398.22 crore during the previous quarter ended March 2023.
The company’s Net Profit Margin was recorded as 6.33% as of March 2024, which decreased up to 4.84% as of Dec 2024. SEIL need to improve its Net Profit Margin and Net profit to win the trust of Investors. If the company’s progress and the share price of Steel Exchange India Ltd for 2029 will be like:
Higher Target Price | ₹74 |
Lower Target Price | ₹65 |
Steel Exchange Share Price Target 2030
The company has delivered a poor sales growth of 1.18% over the past five years, and it has a low interest coverage ratio. Debtor days of SEIL have increased from 39.7 to 58.7 days. These factors directly harm the company’s financials. The financial conditions of the company are worrying for the investors in a few years and are consistently losing their trust. If the company improves its financial performance, then the Steel Exchange Share Price Target for 2030 will be:
Higher Target Price | ₹85 |
Lower Target Price | ₹78 |
Steel Exchange Share Price Target 2035
The total shareholder equity of Steel Exchange India Ltd is ₹6.7B and total debt is ₹3.8B. It is leading to its debt-to-equity ratio of 56.6%. Company total assets and total liabilities are ₹13.0B and ₹6.2B, respectively. Steel Exchange India’s EBIT is ₹1.0B, leading to its interest coverage ratio of 1.6.
However, the company has been actively reducing its debt over the past few years through refinancing exercises and regular debt repayments. If they will maintain these positions, the Steel Exchange India Share Price Target for 2035 will be:
Higher Target Price | ₹105 |
Lower Target Price | ₹90 |
Steel Exchange Share Price Target 2040
The total assets of the SEIL are ₹1,268.09 Crore and liabilities of ₹606.56 Crore. Company’s total equity is ₹606.56 Crore. Company total Liabilities Growth (YoY) is -1.% %. It 34isr the previous conditions, then the estimated Steel Exchange Share Price Target will be: well maintained by the company, but there is a decrease in assets and liabilities. If the company manage it as pe
Higher Target Price | ₹350 |
Lower Target Price | ₹200 |
Steel Exchange Share Price Target 2045
India is on the path of development and emerging as one of the fastest growing countries. India is also the world’s second-largest producer of crude steel. The steel industry is a major contributor to India’s manufacturing output. There are strong possibilities, India will lead the world in the Iron and steel industry in the upcoming years. So, there are huge chances to boom in SEIL Share Price. The Steel Exchange share price target for the 2045 could be:
Higher Target Price | ₹600 |
Lower Target Price | ₹450 |
Steel Exchange Share Price Target 2050
Remarkably, the Iron and Steel industry in India is among the most important industries within the country. India surpassed Japan as the second largest steel producer in January 2019. The SEIL is one of the biggest manufacturers of Steel in India. So, the increasing demand of the Steel Industry can directly impact the SEIL Stocks. Apart from it, the company is focusing on long-term growth and has initiated many future projects. Company also plans to open the manufacturing plant within the country and worldwide. If the company expand its business, then the Steel Exchange Share Price Target 2050 will be:
Higher Target Price | ₹1580 |
Lower Target Price | ₹1250 |
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Steel Exchange India Ltd Peer Comparison
Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Qtr Sales Var % | ROCE % |
Ratnamani Metals | 2549.75 | 33.85 | 17871.71 | 0.55 | 133.17 | -1.11 | 4.7 | 27.72 |
Sarda Energy | 502.55 | 26.05 | 17708.92 | 0.2 | 200.08 | 70.51 | 42.55 | 15.28 |
NMDC Steel | 36.23 | 10617.58 | 0 | -757.78 | -33.32 | 128.93 | -8.69 | |
Usha Martin | 322.65 | 23.88 | 9832.49 | 0.85 | 92.26 | -14.18 | 7.96 | 22.08 |
Gallantt Ispat L | 324.4 | 20.61 | 7827.15 | 0.31 | 113.67 | 118.68 | 5.24 | 11.96 |
Bansal Wire Inds | 363.8 | 49.52 | 5695.51 | 0 | 35.77 | 172.85 | 65.31 | 14.27 |
Technocraft.Inds. | 2358.35 | 21.57 | 5415.17 | 0 | 41.43 | -30.91 | 25.68 | 18.68 |
Steel Exchange | 8.09 | 24.24 | 991.78 | 0 | 15.86 | 7452.38 | 27.77 | 8.16 |
Steel Exchange India Ltd Shareholding Pattern
Shareholder Category | Percentage |
Promoters | 52.91% |
Foreign Institutional Investors (FIIs) | 0.69% |
Domestic Institutional Investors (DIIs) | 1.26% |
Government | 0.26% |
Public | 47.58% |
Investment Opportunities and Risk
Opportunity: The Steel Exchange Indian Stock is an emerging Steel manufacturing company. It has the potential to capture the Indian and Global Market. The company look out for the waste project and plans to open a manufacturing plant in many states of India. The increasing demand of the Iron & Steel Industry globally can directly affect the growth of the company.
Risk: Steel Exchange India Limited has a low interest coverage ratio and has recorded a poor sales growth of 1.18% over the last five years. The company’s return on equity has been 3.64% over the last 3 years. The promoters have pledged 98.8% of their holdings. The company’s debtors days have increased from 39.7 to 58.7 days. SEIL’s borrowing cost appears to be high and working capital days have increased from 61.8 days to 103 days.
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Conclusion
The Steel Exchange India Ltd is one of the prominent companies in the Industry of Iron & Steel Manufacturing. Even though the company’s share price is continuously decreasing and in a bearish trend. But, it has the potential to grow in the upcoming years. The SEIL plans to lead the work in the Steel Manufacturing, so it is continuously initiating various long-term projects and plans to establish the new manufacturing plant. Apart from these analyses, the Investors should focus on the wide macroeconomic factors to analyse the stocks more accurately. Look at your eyes on the trend and momentum of the stocks.
FAQs
What is the Steel Exchange India Ltd Share Price Future?
The Steel exchange Indian Ltd share price is potentially going to grow in the upcoming years. Many factors directly impact the growth of the stock till 2050.
What is Steel Exchange India’s Share Price Target Tomorrow?
It is estimated to be fluctuating between the Share Price of ₹8 to ₹9.
Is Steel Exchange India a Good Buy?
Based on current information, Steel Exchange India is not considered a good buy due to its recent poor stock performance, low return on equity, high debt levels, and concerns regarding the promoter pledge. However, always perform thorough research before making any investment decisions.
Is Steel Exchange India a good buy for long term?
Given the current bearish trend, weak technical indicators, and low trading volume, Steel Exchange India Ltd does not present a favorable long-term investment opportunity at this time. Wait for signs of a trend reversal and improved fundamentals before considering a long-term investment in Steel Exchange India Ltd.
What is the target price of steel exchange of India in 2025?
The Steel Exchange Target Price in 2025 could reach a maximum of ₹30.