Steel Exchange Share Price in Focus After Reporting 296% Growth in Net Profit

Steel Exchange India Limited delivered exceptional Q1 FY26 performance with significant improvements across all key financial metrics. The company's strong results were driven by higher SIMHADRI TMT rebars sales and operational efficiency gains during the quarter.

Revenue Growth of  Over 14% Reaches ₹304.95 Crore

Total income increased 14.53% year-on-year to ₹304.95 crore compared to ₹266.26 crore in Q1 FY25. The revenue growth was primarily driven by higher sales of SIMHADRI TMT rebars, reflecting strong market demand and successful product positioning.

EBITDA Margin Expansion of 163 Basis Points

EBITDA grew substantially by 32.66% to ₹36.35 crore from ₹27.40 crore in the previous year. EBITDA margin expanded 163 basis points to 11.92%, demonstrating improved operational efficiency and cost management capabilities during the quarter.

Growth in Net Profit of 296% in Q1FY26

Net profit surged remarkably by 296.30% to ₹10.23 crore compared to ₹2.58 crore in Q1 FY25. Net profit margin expanded 238 basis points to 3.35%, reflecting the company's improved profitability structure and operational leverage benefits.

Strategic Business Developments and New Opportunities

SIMHADRI TMT rebars received approval for two Andhra Pradesh port projects at Machilipatnam and Mulapeta. The company incorporated wholly-owned subsidiary SEIL Infra Logistics Ltd on June 29, 2025, to unlock value from non-core assets and focus on infrastructure opportunities.

Read More: JSW Steel Commits ₹5,845 Crore to a Joint Venture with JFE Steel to Boost Capacity!

Major Contract Win Worth ₹210 Crore

Steel Exchange secured a conversion contract worth up to ₹210 crore from RINL for 1.2 LTPA billets into Vizag Steel TMT rebars. This significant contract win strengthens the company's order book and reinforces its market position in the steel processing segment.

Steel Exchange India Share Price Performance

On August 5, 2025, Steel Exchange India share price opened at ₹10.62 on NSE, above the previous close of ₹10.42. During the day, it surged to ₹10.65 and dipped to ₹10.45. The stock is trading at ₹10.48 as of 9:43 AM. The stock registered a gain of 0.58%.

Over the past week, it has declined by 3.32%, over the past month, it has moved up by 8.83%, and over the past 3 months, it has moved up by 28.75%.

Conclusion

Steel Exchange India's Q1 FY26 results showcase exceptional performance with 296% net profit growth to ₹10.23 crore and 14.53% revenue increase to ₹304.95 crore. Strong SIMHADRI TMT rebars demand, operational efficiency gains, and strategic initiatives including the new ₹210 crore RINL contract. 

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