STEEL EXCHANGE INDIA LIMITED (STEELXIND) - Net Assets
Based on the latest financial reports, STEEL EXCHANGE INDIA LIMITED (STEELXIND) has net assets worth Rs7.68 Billion INR (≈ $83.04 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs13.75 Billion ≈ $148.69 Million USD) and total liabilities (Rs6.07 Billion ≈ $65.65 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check STEELXIND goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs7.68 Billion |
| % of Total Assets | 55.85% |
| Annual Growth Rate | 18.72% |
| 5-Year Change | 71.99% |
| 10-Year Change | 240.33% |
| Growth Volatility | 38.03 |
STEEL EXCHANGE INDIA LIMITED - Net Assets Trend (2006–2026)
This chart illustrates how STEEL EXCHANGE INDIA LIMITED's net assets have evolved over time, based on quarterly financial data. See STEEL EXCHANGE INDIA LIMITED (STEELXIND) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for STEEL EXCHANGE INDIA LIMITED (2006–2026)
The table below shows the annual net assets of STEEL EXCHANGE INDIA LIMITED from 2006 to 2026. For live valuation and market cap data, see STEELXIND stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs7.68 Billion ≈ $83.04 Million |
+8.76% |
| 2025-03-31 | Rs7.06 Billion ≈ $76.35 Million |
+6.72% |
| 2024-03-31 | Rs6.62 Billion ≈ $71.54 Million |
+27.92% |
| 2023-03-31 | Rs5.17 Billion ≈ $55.93 Million |
+15.84% |
| 2022-03-31 | Rs4.46 Billion ≈ $48.28 Million |
+47.62% |
| 2021-03-31 | Rs3.02 Billion ≈ $32.71 Million |
+94.09% |
| 2020-03-31 | Rs1.56 Billion ≈ $16.85 Million |
+70.60% |
| 2019-03-31 | Rs913.36 Million ≈ $9.88 Million |
-28.72% |
| 2018-03-31 | Rs1.28 Billion ≈ $13.86 Million |
-43.21% |
| 2017-03-31 | Rs2.26 Billion ≈ $24.40 Million |
-41.05% |
| 2016-03-31 | Rs3.83 Billion ≈ $41.39 Million |
+1.97% |
| 2015-03-31 | Rs3.75 Billion ≈ $40.59 Million |
+18.05% |
| 2014-03-31 | Rs3.18 Billion ≈ $34.39 Million |
+12.70% |
| 2013-03-31 | Rs2.82 Billion ≈ $30.51 Million |
+41.35% |
| 2011-03-31 | Rs2.00 Billion ≈ $21.59 Million |
+51.92% |
| 2010-03-31 | Rs1.31 Billion ≈ $14.21 Million |
+12.94% |
| 2009-03-31 | Rs1.16 Billion ≈ $12.58 Million |
+71.07% |
| 2008-03-31 | Rs680.08 Million ≈ $7.35 Million |
+76.59% |
| 2007-03-31 | Rs385.12 Million ≈ $4.16 Million |
+55.13% |
| 2006-03-31 | Rs248.26 Million ≈ $2.68 Million |
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Equity Component Analysis
This analysis shows how different components contribute to STEEL EXCHANGE INDIA LIMITED's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs1.25 Billion | 16.24% |
| Other Components | Rs6.43 Billion | 83.76% |
| Total Equity | Rs7.68 Billion | 100.00% |
STEEL EXCHANGE INDIA LIMITED Competitors by Market Cap
The table below lists competitors of STEEL EXCHANGE INDIA LIMITED ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SPACSphere Acquisition Corp. Class A Ordinary Shares
NASDAQ:SSAC
|
$180.10 Million |
|
Lotte Chemical Titan Holding BHD
KLSE:5284
|
$180.12 Million |
|
Havilah Resources Ltd
AU:HAV
|
$180.30 Million |
|
Les Hotels Bav
PA:ALLHB
|
$180.31 Million |
|
I-MAB SPONS.ADS/1 -0001
F:0VY
|
$179.82 Million |
|
Mayfair Gold Corp
V:MFG
|
$179.79 Million |
|
Univacco Technology
TWO:3303
|
$179.76 Million |
|
ChargePoint Holdings Inc
NYSE:CHPT
|
$179.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in STEEL EXCHANGE INDIA LIMITED's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 7,059,769,000 to 7,678,552,000, a change of 618,783,000 (8.8%).
- Net income of 269,910,000 contributed positively to equity growth.
- Share repurchases of 288,727,000 reduced equity.
- New share issuances of 347,868,000 increased equity.
- Other comprehensive income decreased equity by 5,862,136,000.
- Other factors increased equity by 6,151,868,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs269.91 Million | +3.52% |
| Share Repurchases | Rs288.73 Million | -3.76% |
| Share Issuances | Rs347.87 Million | +4.53% |
| Other Comprehensive Income | Rs-5.86 Billion | -76.34% |
| Other Changes | Rs6.15 Billion | +80.12% |
| Total Change | Rs- | 8.76% |
Book Value vs Market Value Analysis
This analysis compares STEEL EXCHANGE INDIA LIMITED's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.09x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.48x to 2.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs1.74 | Rs13.05 | x |
| 2007-03-31 | Rs2.56 | Rs13.05 | x |
| 2008-03-31 | Rs3.39 | Rs13.05 | x |
| 2009-03-31 | Rs3.54 | Rs13.05 | x |
| 2010-03-31 | Rs3.81 | Rs13.05 | x |
| 2011-03-31 | Rs4.49 | Rs13.05 | x |
| 2013-03-31 | Rs4.87 | Rs13.05 | x |
| 2014-03-31 | Rs5.49 | Rs13.05 | x |
| 2015-03-31 | Rs4.94 | Rs13.05 | x |
| 2016-03-31 | Rs6.33 | Rs13.05 | x |
| 2017-03-31 | Rs2.97 | Rs13.05 | x |
| 2018-03-31 | Rs1.69 | Rs13.05 | x |
| 2019-03-31 | Rs1.20 | Rs13.05 | x |
| 2020-03-31 | Rs2.05 | Rs13.05 | x |
| 2021-03-31 | Rs3.94 | Rs13.05 | x |
| 2022-03-31 | Rs5.12 | Rs13.05 | x |
| 2023-03-31 | Rs6.26 | Rs13.05 | x |
| 2024-03-31 | Rs5.47 | Rs13.05 | x |
| 2025-03-31 | Rs5.99 | Rs13.05 | x |
| 2026-03-31 | Rs6.26 | Rs13.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently STEEL EXCHANGE INDIA LIMITED utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.55%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.79x
- Recent ROE (3.52%) is above the historical average (-0.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 15.64% | 0.73% | 4.43x | 4.83x | Rs13.99 Million |
| 2007 | 20.95% | 1.72% | 2.31x | 5.28x | Rs42.19 Million |
| 2008 | 22.40% | 2.50% | 2.09x | 4.29x | Rs84.36 Million |
| 2009 | 4.12% | 0.70% | 1.42x | 4.14x | Rs-68.40 Million |
| 2010 | 3.78% | 0.71% | 1.20x | 4.41x | Rs-81.79 Million |
| 2011 | 8.51% | 1.47% | 1.35x | 4.28x | Rs-29.65 Million |
| 2013 | 18.89% | 5.43% | 0.81x | 4.31x | Rs250.74 Million |
| 2014 | 11.27% | 2.85% | 0.94x | 4.22x | Rs40.25 Million |
| 2015 | 7.58% | 1.82% | 0.84x | 4.96x | Rs-90.80 Million |
| 2016 | 1.93% | 0.44% | 0.89x | 4.88x | Rs-308.85 Million |
| 2017 | -69.64% | -12.28% | 0.80x | 7.11x | Rs-1.80 Billion |
| 2018 | -132.78% | -18.50% | 0.60x | 11.97x | Rs-1.83 Billion |
| 2019 | -40.16% | -3.59% | 0.72x | 15.63x | Rs-458.12 Million |
| 2020 | 41.26% | 8.24% | 0.56x | 8.90x | Rs487.13 Million |
| 2021 | 46.28% | 15.58% | 0.91x | 3.27x | Rs1.10 Billion |
| 2022 | 26.09% | 10.59% | 0.98x | 2.50x | Rs718.36 Million |
| 2023 | -11.38% | -4.24% | 1.23x | 2.19x | Rs-1.11 Billion |
| 2024 | 1.65% | 1.00% | 0.86x | 1.92x | Rs-552.68 Million |
| 2025 | 3.67% | 2.27% | 0.89x | 1.82x | Rs-446.63 Million |
| 2026 | 3.52% | 2.55% | 0.77x | 1.79x | Rs-497.95 Million |
Industry Comparison
This section compares STEEL EXCHANGE INDIA LIMITED's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $4,962,007,503
- Average return on equity (ROE) among peers: 3.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| STEEL EXCHANGE INDIA LIMITED (STEELXIND) | Rs7.68 Billion | 15.64% | 0.79x | $180.01 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $1.20 Billion | 5.37% | 2.25x | $2.37 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $4.72 Billion | 13.50% | 1.73x | $5.59 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $12.69 Billion | 11.40% | 0.71x | $514.95 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $987.90 Million | -40.30% | 5.23x | $39.02 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $6.61 Billion | 14.56% | 0.24x | $158.98 Million |
| Electrotherm (India) Limited (ELECTHERM) | $587.16 Million | 32.01% | 5.36x | $149.04 Million |
| Grand Foundry Limited (GFSTEELS) | $-56.35 Million | 0.00% | 0.00x | $4.48 Million |
| Goodluck India Limited (GOODLUCK) | $13.47 Billion | 12.24% | 0.88x | $487.00 Million |
| Godawari Power And Ispat limited (GPIL) | $9.28 Billion | -9.55% | 2.75x | $1.90 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $133.55 Million | 0.35% | 1.68x | $138.11 Million |
About STEEL EXCHANGE INDIA LIMITED
Steel Exchange India Limited engages in the manufacture and sale of steel products under the SIMHADRI TMT brand name in India. It operates through Iron and Steel, and Power segments. The company offers rebars; billets and ingots; sponge iron and pig iron; steel scrap; iron ore; and pillets. It also deals in a range of steel products, including semis, coal, scrap, and others. In addition, the comp… Read more