
About SEIL
SEIL is a publicly listed company based in Visakhapatnam (India) founded in 1999. Steel products are manufactured and supplied by SEIL in India. The company has 1,120 employees. Its Indian entity Steel Exchange India Limited reported revenue of βΉ1,066 Cr. SEIL offers products and services including TMT Rebars and Sponge Iron. Its focus areas include Industrial Goods and Manufacturing, Manufacturing Services, Conglomerates and Traditional Conglomerates.
Company details
SEIL was founded in 1999 in Visakhapatnam, India, with operations centered on the steel sector. Manufacturing and supply of steel products are conducted from this location, serving industrial needs across regions. The company maintains a focus on core production processes without specified expansions into other services. Leadership is held by Managing Director Satish Kumar, and the domain seil.co.in supports its digital operations.
- Headquarters Visakhapatnam, India
- Employees 1,120
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website seil.co.in
- Social Facebook
- Legal Name Steel Exchange India Limited
- Market Cap₹1,365 Cr
STEELXIND · NSE
- Share Price₹10.98
+2.62% today
- Revenue₹1,059 Cr
FY 2025-26 · -7.4% YoY
- EBITDA₹131 Cr
Margin 12.4%
- Net Profit₹20.80 Cr
FY 2025-26 · +696.9% YoY
- P/E (TTM)45.2x
P/B 2.6x
- ROE2.6%
ROCE 8.8%
- Debt / Equity0.72
Interest cover 67.6x
- Employee Count1,120
Associated legal entities of SEIL
SEIL operates through Steel Exchange India Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Steel Exchange India Limited Listed CIN L74100TG1999PLC031191 | Active | 24 Feb 1999 | Hyderabad, Telangana | ₹1,066 Cr | 526 | 10 | View details |
Products & Services of SEIL
SEIL offers a comprehensive portfolio of products and services, including TMT Rebars and Sponge Iron.
TMT Rebars are produced for construction and infrastructure applications, emphasizing strength and malleability through controlled manufacturing processes.
Sponge Iron is generated as part of steel production processes in integrated plants to support downstream manufacturing activities.
Funding Insights of SEIL
- Total Rounds 1
All 1 funding rounds of SEIL with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2021 | Post-IPO | β | β | β |
Board of directors of Steel Exchange India Limited (SEIL)
Steel Exchange India Limited is the primary company behind SEIL. The board of Steel Exchange India Limited currently have 8 directors; the longest-serving is Suresh Kumar Bandi, appointed in 1999. 29 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suresh Kumar Bandi DIN 00206473 | Whole-time director | 24 Feb 1999 | 27 yrs 8 mo | Steel Exchange India Limited |
| Satish Kumar Bandi DIN 00163676 | Managing Director | 01 Oct 2007 | 19 yrs 1 mo | Steel Exchange India Limited |
| Siva Sagar Rao Yendamuri DIN 00210188 | Director | 16 May 2022 | 4 yrs 5 mo | Steel Exchange India Limited |
| Veera Brahma Rao Arekapudi DIN 07540040 | Director | 14 Feb 2023 | 3 yrs 8 mo | Steel Exchange India Limited |
| Bhagyam Ramani DIN 00107097 | Director | 12 Jul 2023 | 3 yrs 3 mo | Steel Exchange India Limited |
| Bandi Mohit Sai Kumar DIN 07410118 | Whole-time director | 18 Nov 2023 | 2 yrs 11 mo | Steel Exchange India Limited |
| Subbarao Venkata Munnang DIN 06495576 | Director | 18 Dec 2024 | 1 yr 10 mo | Steel Exchange India Limited |
| Anirudh Misra DIN 03101359 | Additional Director | 25 May 2026 | 5 mo | Steel Exchange India Limited |
People of SEIL
1 people are tracked at SEIL (1 in leadership); the tracked headcount is 1,120.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership |
Complete people profiles for SEIL
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of SEIL
SEIL is a publicly listed company on the NSE with ticker symbol STEELXIND in India, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date20 Jul 2017
- Listed onNSE: STEELXIND
- Listed entitySteel Exchange India Limited
- Exchange sectorNon-energy minerals
- ISININE503B01021
- Share price₹10.25 (-2.19% on the day) · 2026-10-14
- Market capitalisation₹1,339 Cr
- Price to earnings40.3
- EPS (diluted, trailing year)₹0.25
- Volume (last session)6,773,007
Financials of SEIL
Exchange-reported figures of Steel Exchange India Limited, the listed company behind SEIL (NSE: STEELXIND).
Financial Highlights
FY 2025-26 Β· StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,059 | 1,144 | 1,091 | 1,388 | 1,101 | 898 | 781 |
| Revenue growth | -7.4% | +4.8% | -21.4% | +26.1% | +22.5% | +15.1% | - |
| EBITDA | 131 | 124 | 98.47 | 96.66 | 106 | (282) | 59.27 |
| EBITDA margin | +12.4% | +10.9% | +9.0% | +7.0% | +9.6% | -31.4% | +7.6% |
| Profit before tax | 40.25 | 45.49 | 1.26 | (28.31) | 14.48 | 143 | 39.16 |
| Net profit | 20.80 | 2.61 | 10.87 | (58.93) | 102 | 74.99 | 75.87 |
| Net profit margin | +2.0% | +0.2% | +1.0% | -4.2% | +9.3% | +8.4% | +9.7% |
| EPS (βΉ) | 0.22 | 0.22 | 0.09 | (0.57) | 13.22 | 17.41 | 8.46 |
| Balance sheet | |||||||
| Total assets | 1,208 | 1,086 | 1,089 | 879 | 951 | 761 | 1,190 |
| Net worth | 768 | 706 | 662 | 517 | 491 | 302 | 156 |
| Total debt | 418 | 358 | 382 | 359 | 458 | 438 | 1,014 |
| Cash & bank | 16.24 | 21.04 | 20.08 | 19.39 | 15.34 | 4.75 | 26.38 |
| Net working capital | 548 | 393 | 368 | 206 | 235 | 127 | 530 |
| Cash flow | |||||||
| Cash from operations | (38.01) | 96.72 | (47.97) | 138 | 5.25 | 79.30 | 36.66 |
| Cash from investing | 8.12 | (15.19) | (49.26) | (13.65) | 9.28 | 12.87 | (1.90) |
| Cash from financing | 25.07 | (80.56) | 97.92 | (120) | (1.26) | (116) | (10.10) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 270 | 287 | 240 | 232 | 300 | 291 | 328 | 261 |
| Revenue growth (YoY) | -10.1% | -1.4% | -26.6% | -11.2% | +13.6% | - | - | - |
| Other income | 1.00 | 0.37 | 0.51 | 1.15 | 4.95 | 16.61 | 0.27 | 0.25 |
| Total expenses | 235 | 238 | 218 | 204 | 269 | 259 | 288 | 234 |
| EBITDA | 34.24 | 49.73 | 22.46 | 27.47 | 31.40 | 32.79 | 39.45 | 26.84 |
| EBITDA margin | +12.7% | +17.3% | +9.3% | +11.9% | +10.5% | +11.3% | +12.0% | +10.3% |
| Depreciation | 6.23 | 6.89 | 6.98 | 7.23 | 7.23 | 5.80 | 5.92 | 5.93 |
| Interest | 13.98 | 17.59 | 13.71 | 19.28 | 18.89 | 19.27 | 17.94 | 18.44 |
| Profit before tax | 15.03 | 25.62 | 2.28 | 2.11 | 10.23 | 24.33 | 15.86 | 2.72 |
| Tax | 0.00 | 13.25 | 0.00 | 0.00 | 0.00 | 19.56 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 270 | 287 | 240 | 232 | 300 | 291 | 328 | 261 |
| Revenue growth (YoY) | -10.1% | -1.4% | -26.6% | -11.2% | +13.6% | - | - | - |
| Other income | 1.00 | 0.37 | 0.51 | 1.15 | 4.95 | 16.61 | 0.27 | 0.25 |
| Total expenses | 235 | 238 | 218 | 204 | 269 | 259 | 288 | 234 |
| EBITDA | 34.24 | 49.73 | 22.46 | 27.47 | 31.40 | 32.79 | 39.45 | 26.84 |
| EBITDA margin | +12.7% | +17.3% | +9.3% | +11.9% | +10.5% | +11.3% | +12.0% | +10.3% |
| Depreciation | 6.23 | 6.89 | 6.98 | 7.23 | 7.23 | 5.80 | 5.92 | 5.93 |
| Interest | 13.98 | 17.59 | 13.71 | 19.28 | 18.89 | 19.27 | 17.94 | 18.44 |
| Profit before tax | 15.03 | 25.62 | 2.28 | 2.11 | 10.23 | 24.33 | 15.86 | 2.72 |
| Tax | 0.00 | 13.25 | 0.00 | 0.00 | 0.00 | 19.56 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,059 | 1,144 | 1,091 | 1,388 | 1,101 | 898 | 781 |
| Revenue growth | -7.4% | +4.8% | -21.4% | +26.1% | +22.5% | +15.1% | - |
| Other income | 6.98 | 19.35 | 1.97 | 5.04 | 20.29 | 493 | 10.60 |
| Total expenses | 928 | 1,020 | 993 | 1,292 | 995 | 1,180 | 722 |
| Employee cost | 46.44 | 39.00 | 35.41 | 32.39 | 30.01 | 25.92 | 26.45 |
| EBITDA | 131 | 124 | 98.47 | 96.66 | 106 | (282) | 59.27 |
| EBITDA margin | +12.4% | +10.9% | +9.0% | +7.0% | +9.6% | -31.4% | +7.6% |
| Depreciation | 28.32 | 23.57 | 21.31 | 24.37 | 23.75 | 42.72 | 27.24 |
| Interest | 69.46 | 74.54 | 77.87 | 106 | 88.12 | 26.24 | 3.47 |
| Profit before tax | 40.25 | 45.49 | 1.26 | (28.31) | 14.48 | 143 | 39.16 |
| Tax | 13.25 | 19.56 | (9.61) | 30.53 | (102) | 2.66 | (25.13) |
| Net profit | 20.80 | 2.61 | 10.87 | (58.93) | 102 | 74.99 | 75.87 |
| Net profit margin | +2.0% | +0.2% | +1.0% | -4.2% | +9.3% | +8.4% | +9.7% |
| EPS (βΉ) | 0.22 | 0.22 | 0.09 | (0.57) | 13.22 | 17.41 | 8.46 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 125 | 120 | 120 | 104 | 88.08 | 80.39 | 75.98 |
| Reserves & surplus | 631 | 545 | 519 | 388 | 348 | 222 | 79.52 |
| Shareholders' funds (net worth) | 768 | 706 | 662 | 517 | 491 | 302 | 156 |
| Secured loans | 417 | 357 | 374 | 299 | 314 | 376 | 984 |
| Unsecured loans | 0.13 | 0.39 | 8.58 | 59.87 | 144 | 62.01 | 30.08 |
| Total debt | 418 | 358 | 382 | 359 | 458 | 438 | 1,014 |
| Total liabilities | 1,208 | 1,086 | 1,089 | 879 | 951 | 761 | 1,190 |
| Assets | |||||||
| Gross block | 1,109 | 1,104 | 1,067 | 1,055 | 1,050 | 1,044 | 1,081 |
| Net block | 590 | 613 | 570 | 579 | 596 | 612 | 666 |
| Capital work in progress | 6.18 | 2.94 | 30.10 | 12.99 | 6.79 | 6.48 | 4.45 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 396 | 306 | 296 | 282 | 237 | 194 | 577 |
| Sundry debtors | 221 | 192 | 175 | 112 | 92.02 | 55.05 | 37.99 |
| Cash & bank balances | 16.24 | 21.04 | 20.08 | 19.39 | 15.34 | 4.75 | 26.38 |
| Loans & advances | 81.15 | 72.23 | 57.02 | 45.46 | 55.91 | 70.60 | 56.25 |
| Total current assets | 714 | 592 | 547 | 459 | 401 | 324 | 698 |
| Total current liabilities | 167 | 198 | 180 | 253 | 166 | 197 | 168 |
| Net working capital | 548 | 393 | 368 | 206 | 235 | 127 | 530 |
| Total assets | 1,208 | 1,086 | 1,089 | 879 | 951 | 761 | 1,190 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 21.04 | 20.08 | 19.39 | 15.34 | 2.07 | 25.56 | 0.90 |
| Net cash from operating activities | (38.01) | 96.72 | (47.97) | 138 | 5.25 | 79.30 | 36.66 |
| Net cash from investing activities | 8.12 | (15.19) | (49.26) | (13.65) | 9.28 | 12.87 | (1.90) |
| Net cash from financing activities | 25.07 | (80.56) | 97.92 | (120) | (1.26) | (116) | (10.10) |
| Net change in cash | (4.81) | 0.97 | 0.69 | 4.04 | 13.27 | (23.49) | 24.66 |
| Closing cash | 16.24 | 21.04 | 20.08 | 19.39 | 15.34 | 4.75 | 26.38 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -7.4% | +4.8% | -21.4% | +26.1% | +22.5% | +15.1% | - |
| EBITDA growth | +5.5% | +26.2% | +1.9% | -8.9% | +137.7% | -575.3% | - |
| PBT growth | -11.5% | +3510.3% | +9998.0% | - | -89.9% | +264.2% | +9998.0% |
| Net income growth | +696.9% | -76.0% | +118.5% | -157.6% | +36.4% | -1.2% | - |
| Revenue CAGR (3Y) | -8.6% | +1.3% | +6.7% | +21.2% | +2.4% | -0.9% | -15.0% |
| EBITDA CAGR (3Y) | +10.7% | +5.4% | - | +17.7% | +83.8% | +68.8% | +41.8% |
| Profitability & leverage | |||||||
| Net income margin | +2.6% | +2.3% | +1.0% | -4.2% | +10.6% | +15.6% | +8.2% |
| Return on capital employed | +8.8% | +8.9% | +8.6% | 0.0% | +9.3% | +8.7% | +4.6% |
| Return on net worth | +2.7% | +0.3% | +2.1% | 0.0% | +21.0% | +17.2% | +52.9% |
| Debt / equity | 0.72 | 0.77 | 0.97 | 1.38 | 2.46 | 264.05 | 0.00 |
| Long-term debt / equity | 0.47 | 0.60 | 0.75 | 0.97 | 2.08 | 93.86 | 0.00 |
| Interest cover | 67.61 | 74.04 | 100.92 | 146.13 | 107.06 | -8.09 | 10.83 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.16 | 1.29 | 1.28 | 1.64 | 1.32 | 1.07 | 0.92 |
| Inventory turnover | 3.02 | 3.80 | 3.78 | 5.35 | 5.11 | 2.33 | 1.33 |
| Debtors turnover | 5.12 | 6.24 | 7.60 | 13.58 | 14.97 | 19.31 | 20.28 |
| EPS (βΉ) | 0.22 | 0.22 | 0.09 | (0.57) | 13.22 | 17.41 | 8.46 |
| Dividend per share (βΉ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 4.49 | 3.92 | 3.60 | 2.73 | 25.86 | 10.12 | (9.99) |
Timeline of SEIL
3 dated milestones of SEIL across 22 years, from founding to its latest funding, stage changes and deals.
- Founded SEIL is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round.
Web traffic of SEIL
The website of SEIL (seil.co.in) receives about 3.1K visits a month.
- Monthly visits3.1K
▲ 4.3% vs previous month
Websites whose visitors overlap most with SEIL. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| metallics.org | 100% | View details | |||
arijco.com | arijco.com | 99% | #2,530,845 | β | |
| seml.co.in | 99% | 11.7K | #2,023,857 | View details | |
| lloyds.in | 95% | 50K | #421,021 | View details | |
| sielchemical.com | 45% | View details | |||
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 9 similar websites and full traffic analytics for SEIL
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- 9 similar websites
- Audience overlap
- Engagement analytics
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Top companies in Contract & Outsourced Manufacturing
3 companies that operate in the same segment as SEIL (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 3,060 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | USD 400 M | 40,280 |
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Related news about Seil
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Frequently Asked Questions about SEIL
SEIL was founded in 1999 and raised its 1st funding round 22 years after it was founded.
SEIL is headquartered in Visakhapatnam, India. It is registered at Visakhapatnam, Andhra Pradesh, India.
SEIL has 1,120 employees.
The primary company behind SEIL, Steel Exchange India Limited, reported revenue of βΉ1,066 Cr for FY 2026, down 7% year on year.
SEIL was founded in 1999 in Visakhapatnam, India, with operations centered on the steel sector. Manufacturing and supply of steel products are conducted from this location, serving industrial needs across regions. The company maintains a focus on core production processes without specified expansions into other services. Leadership is held by Managing Director Satish Kumar, and the domain seil.co.in supports its digital operations.
SEIL offers TMT Rebars and Sponge Iron.
Yes, SEIL is publicly traded on NSE under the ticker symbol STEELXIND.
SEIL operates through Steel Exchange India Limited.
The legal entities of SEIL currently have 10 directors, including Bandi Mohit Sai Kumar, Bhagyam Ramani, Veera Brahma Rao Arekapudi and others.
