Integrated Filing — IndAS



General information about company
Scrip Code 534748
NSE Symbol STEELXIND
MSEI Symbol NOTLISTED
ISIN INE503B01021
Name of company Steel Exchange India Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 04-Aug-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 28-Jul-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 04-Aug-2025   11:00:00
End date and time of board meeting 04-Aug-2025   12:45:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party?
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.
Whether the company is a high value debt listed entity according to regulation 15 (1A)?
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There were no Default on Loan and Debt Securities during the quarter ended June 30, 2025



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 2999989000
Other income 49530000
Total income 3049519000
2 Expenses
(a) Cost of materials consumed 1960092000
(b) Purchases of stock-in-trade 6098000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 362818000
(d) Employee benefit expense 109523000
(e) Finance costs 188906000
(f) Depreciation, depletion and amortisation expense 72287000
(f) Other Expenses
1 Impairment allowance for doubtfull and other receivables 9369000 9369000
2 Other expenses 238138000 238138000
Total other expenses 247507000
Total expenses 2947231000
3 Total profit before exceptional items and tax 102288000
4 Exceptional items 0
5 Total profit before tax 102288000
6 Tax expense
7 Current tax 0
8 Deferred tax 0
9 Total tax expenses 0
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations 102288000
12 Profit (loss) from discontinued operations before tax 0
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period 102288000
17 Other comprehensive income net of taxes 0
18 Total Comprehensive Income for the period 102288000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 1197633000
Face value of equity share capital 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.09
Diluted earnings (loss) per share from continuing operations 0.09
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0
Diluted earnings (loss) per share from discontinued operations 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.09
Diluted earnings (loss) per share from continuing and discontinued operations 0.09
24 Debt equity ratio 0.0048
25 Debt service coverage ratio 0.0084
26 Interest service coverage ratio 0.0213
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) n1 The above financial results for the quarter ended 30th June 2025 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 04.08.2025 and a limited review of the same was carried out by the Statutory Auditors of the Company n n2 Considering the requirements under Indian Accounting Standard Ind AS 108 on Operating Segments the Company has identified sale of Steel and Power as primary business segments and accordingly the disclosures have been made. As per this standard the Company has reported segment information as described below n na The steel segment includes production and marketing operations of Sponge iron. Billets & Rebars TMT. nb The power segment includes generation and marketing operations of Thermal based power. n n3 3828 18.75% Unlisted unrated redeemable secured Non Convertible Debentures NCDs of 1000000 each issued to True North Credit Opportunities Fund I and Neo Special Credit Opportunities Fund Mumbai are stated at reduced face value of 603215 each NCD as on 30.06.2025 after part payment of stipulated mandatory payments to the NCD holders during the quarter. n n4 1000 18.75% Unlisted unrated redeemable secured Non Convertible Debentures NCDs of 1000000 each issued to Neo Special Credit Opportunities Fund and others are stated at reduced face value of 84300000 each NCD as on 30.06.2025 after part payment of stipulated mandatory payments to the NCD holders during the quarter. n n5 SEIL Infra Logistics Limited. a wholly owned subsidiary of Steel Exchange India Limited was incorporated on June 29 2025. As of the reporting date the company has not commenced its business operations. Consequently consolidation of its financials has not been undertaken for the current quarter. nt n6 Other income includes interest. lease rentals received. gain on sale of property. plant and equipment and miscellaneous income. n n7 Previous period or quarter figures have been re arranged or regrouped where ever considered necessary. n



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Steel 2948649000 2948649000
2 Power 257396000 257396000
Total Segment Revenue 3206045000
Less: Inter segment revenue 206056000 206056000
Revenue from operations 2999989000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Steel 290072000 290072000
2 Power 1122000 1122000
Total Profit before tax 291194000
i. Finance cost 188906000 188906000
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax 102288000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Steel 10801715000 10801715000
2 Power 2174262000 2174262000
Total Segment Asset 12975977000 12975977000
Un-allocable Assets 0 0
Net Segment Asset 12975977000 12975977000
4 Segment Liabilities
Segment Liabilities
1 Steel 3708102000 3708102000
2 Power 51086000 51086000
Total Segment Liabilities 3759188000 3759188000
Un-allocable Liabilities 0 0
Net Segment Liabilities 3759188000 3759188000
Disclosure of notes on segments Textual Information(2)



Text Block
Textual Information(2) n1 The above financial results for the quarter ended 30th June 2025 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 04.08.2025 and a limited review of the same was carried out by the Statutory Auditors of the Company n n2 Considering the requirements under Indian Accounting Standard Ind AS 108 on Operating Segments the Company has identified sale of Steel and Power as primary business segments and accordingly the disclosures have been made. As per this standard the Company has reported segment information as described below n na The steel segment includes production and marketing operations of Sponge iron. Billets & Rebars TMT. nb The power segment includes generation and marketing operations of Thermal based power. n n3 3828 18.75% Unlisted unrated redeemable secured Non Convertible Debentures NCDs of 1000000 each issued to True North Credit Opportunities Fund I and Neo Special Credit Opportunities Fund Mumbai are stated at reduced face value of 603215 each NCD as on 30.06.2025 after part payment of stipulated mandatory payments to the NCD holders during the quarter. n n4 1000 18.75% Unlisted unrated redeemable secured Non Convertible Debentures NCDs of 1000000 each issued to Neo Special Credit Opportunities Fund and others are stated at reduced face value of 84300000 each NCD as on 30.06.2025 after part payment of stipulated mandatory payments to the NCD holders during the quarter. n n5 SEIL Infra Logistics Limited. a wholly owned subsidiary of Steel Exchange India Limited was incorporated on June 29 2025. As of the reporting date the company has not commenced its business operations. Consequently consolidation of its financials has not been undertaken for the current quarter. nt n6 Other income includes interest. lease rentals received. gain on sale of property. plant and equipment and miscellaneous income. n n7 Previous period or quarter figures have been re arranged or regrouped where ever considered necessary. n



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income