Steel Exchange India Repays ₹102 Cr Debt, Achieves 30% Reduction
Steel Exchange India Limited (SEIL) has announced a significant step in its debt reduction strategy, repaying an additional ₹16 crore towards its outstanding Term Loan facilities. This brings the total cumulative debt reduction to ₹102 crore since December 2025, representing approximately 30% of its total long-term debt. The company attributes this achievement to strong operational cash flows and equity inflows. This deleveraging effort is expected to reduce finance costs, improve margins, and enhance overall earnings quality, positioning SEIL for sustainable growth and a debt-free future. The company also reported FY26 figures of Total Income ₹1067.00 Cr, EBITDA ₹138.03 Cr, and Net Profit ₹27.00 Cr.
Key Highlights
- Total debt reduction of ₹102 crore achieved.
- Approximately 30% of total long-term debt repaid since December 2025.
- Accelerated repayment driven by operational cash flows and equity inflows.
- Aims to become a completely debt-free enterprise.
- Expected to lower finance costs and improve profit margins.
Price Impact
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