STEEL EXCHANGE INDIA LIMITED — Investor Meet, 12-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Steel Exchange India reported a strong Q1 FY26, with net profit surging 296% to Rs. 10.23 Cr and total income growing 14.53% to Rs. 304.95 Cr. EBITDA improved 32.66% to Rs. 36.35 Cr. The company secured a Rs. 210 Cr contract from RINL for billet-to-TMT conversion, expected to boost rebar mill utilization to 85-90% by Q4 FY26. A new logistics subsidiary aims to monetize surplus land, projecting Rs. 14-15 Cr annual net profit. High-cost debt is also being refinanced. Management targets FY26 top line of Rs. 1,400-1,500 Cr and EBITDA of Rs. 170-180 Cr, maintaining a positive outlook.