BSE •
Basic Materials •
Steel •
Quote as of 06/12/2026
Company Profile
IndustrySteel
SectorBasic Materials
ExchangeBSE
Market Capitalization14,554 mln
Float504 mln
EPS
0.22
Overpriced
P / E
52.36
Richly valued
Piotroski F-Score
6
/ 9
Solid
Beneish M-Score
-2.88
Likely reliable
Relative Strength
10
/ 100
Significantly lagging
Debt / Equity
0.48
Low leverage
Business Description
Steel Exchange India Limited is an Indian manufacturer and seller of steel products, operating under the SIMHADRI TMT brand from its base in Visakhapatnam. The company produces a wide range of steel goods, including rebars, billets, ingots, sponge iron, pig iron, and related materials. Alongside its core steel business, it also generates and sells electricity using heat recovered from its production processes. Founded in 1999, the company serves customers across India through its steel and power operations.