Steel Exchange India (SEIL) Q4FY22 and Year Ended result : PAT surges up by 286.31%m to ₹112.47 Cr

Net Profit of ₹112.47 crore in the quarter ended on March 31, 2022 as against ₹29.11 crore in the corresponding quarter ended in last year on Mar 31, 2021. The PAT surges up by 286.31%.

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Steel Exchange India Ltd was incorporated in February 1999 as Pyxis Technology Solutions Ltd. The company promoted by team of technocrats, friends and relatives. Promoters were originally into trading of steel and steel related products under the name of Vizag profiles. In December 1999 the Steel Exchange India Ltd was incorporated as 100% subsidiary of Pyxis Technologies. The company has posted its Q4FY22 and year ended financial results today, the details are :

(I) Audited Standalone Financial Results for Quarter Ended (YoY comparison):

The company has reported, a standalone Total Income of ₹373.40 crore in the quarter ended on March 31, 2022 as against ₹340.04 crore in the corresponding quarter ended last year on Mar 31, 2021, increased by 9.81%.

The company has reported, a standalone Net Profit of ₹112.47 crore in the quarter ended on March 31, 2022 as against ₹29.11 crore in the corresponding quarter ended in last year on Mar 31, 2021. The PAT surges up by 286.31%.

The status of the EPS of the company stood at ₹12.88 as on March 31, 2022 compared to the previous quarter ended on Mar 31, 2021 which was ₹4.15, up by 210.36%.

₹*Mar 31, 2022 (Q4)Dec 31, 21 (Q3)Mar 31, 21 (Q4)
Total Income373.40263.22340.04
Total Expenses362.92251.35308.25
PBT /(Loss)10.4811.8631.76
Total Tax /(credit)(101.99)2.65
PAT /(Loss)112.4711.8629.11
*figures are in Crores

(II) Audited Standalone Financial Result details for the Year Ended :

The company has reported, a standalone Total Income of ₹1,119.74 crore in the financial year ended on March 31, 2022 as against ₹922.04 crore for the financial year ended on Mar 31, 2021, increased by 21.44%.

The company has posted a standalone Net Profit of ₹116.48 crore in the financial year ended on March 31, 2022 as against ₹139.97 crore for the financial year ended on March 31, 2021. The PAT surges down by 16.79%.

The status of the EPS of the company stood at ₹13.34 as on March 31, 2022 compared to the previous year ended on March 31, 2021 which was ₹11.58, up by 15.20%.

₹*Mar 31, 2022 (FY22)Mar 31, 2021 (FY21)
Total Income1,119.74922.04
Total Expenses1,105.26833.27
PBT /(Loss)14.48142.63
Total Tax /(credit)142.632.65
PAT /(Loss)116.48139.97
*figures are in Crores

Shares of Steel Exchange India Ltd was last traded in BSE at ₹212.40 as compared to the previous close of ₹215.40. The total number of shares traded during the day was 29985 in over 807 trades.

The stock last hit in BSE,

  • Intraday High of ₹ 218.20
  • Intraday low of ₹ 210.00