| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 287.33 | 19.6% | 1.4% |
| Total Income | 287.70 | 19.4% | 6.6% |
| Expenditure | 262.07 | 9.8% | 7.6% |
| PBT | 25.62 | 1024.4% | 5.3% |
| Net Profit | 12.37 | 442.8% | 159.7% |
| OPM | 17.31% | 7.96pp | 6.06pp |
| NPM | 4.30% | 3.35pp | 2.75pp |
| EPS | 0.10 | 400.0% | 150.0% |
Steel Exchange India Q4 FY26 Net Profit Surges 443% QoQ
26 May 2026 · 26 May, 9:49 am
Summary
Steel Exchange India Limited delivered a strong Q4 FY26 performance, with net profit surging approximately 443% Quarter-on-Quarter to ₹12.37 Crore, driven by a 19.45% QoQ increase in total income to ₹287.70 Crore and a substantial 118.12% QoQ rise in EBITDA to ₹50.10 Crore. For the full fiscal year FY26, the company reported a net profit of ₹26.99 Crore and total income of ₹1066.42 Crore. Management highlighted FY26 as a pivotal year for strengthening operational capabilities, improving financial flexibility, and making significant progress towards balance sheet strengthening through capital infusion and debt reduction. The company also outlined plans for expansion into specialty and green steel, alongside logistics infrastructure development, reflecting a long-term vision to capture emerging opportunities and drive sustainable growth.
Key Highlights
- 1
Steel Exchange India Limited reported a net profit surge of approximately 443% Quarter-on-Quarter (QoQ) to ₹12.37 Crore in Q4 FY26.
- 2
Total Income for Q4 FY26 reached ₹287.70 Crore, demonstrating a QoQ growth of 19.45%.
- 3
EBITDA significantly increased by 118.12% QoQ to ₹50.10 Crore in Q4 FY26, with the EBITDA Margin expanding by 788 basis points to 17.41%.
- 4
For the full fiscal year FY26, net profit grew by 4.17% to ₹26.99 Crore, despite a total income decline of 8.33% to ₹1066.42 Crore.
- 5
The company secured a 5-year renewal of MES approval from the Ministry of Defence, reinforcing its eligibility for government and defence infrastructure projects.
- 6
It received an upfront investment of ₹85 crore through the allotment of convertible warrants, part of a larger ₹350 crore preferential issue aimed at strengthening the balance sheet.
- 7
Debt reduction efforts saw the redemption of ₹43.19 crore towards NCDs, contributing to a total reduction of approximately ₹68.16 crore, or over 20% of long-term debt since October 2025.
Management Comments
Unknown
FY26 was an important year for Steel Exchange India Limited as we continued to strengthen our operational capabilities, improve financial flexibility, and build a stronger platform for long-term growth. During the year, we remained focused on improving efficiencies, optimizing product mix, and strengthening profitability across the business. We also made significant progress towards balance sheet strengthening through capital infusion, debt reduction, and improvement in our credit profile, which further enhances our growth potential going forward. At the same time, our planned expansion into specialty and green steel along with logistics infrastructure development reflects our long-term vision to strengthen our integrated steel platform and capture emerging opportunities across the sector. Going forward, we remain focused on disciplined execution, operational excellence, and sustainable growth.”
Informational and educational content only. Not investment advice.