Comparison · NSE · data 2026-11-03
S.A.L. Steel Ltd. vs Steel Exchange India Limited
In plain words
Size: Steel Exchange India Limited is about 1.1 times the market value of S.A.L. Steel Ltd..
Valuation (P/E): S.A.L. Steel Ltd. 60.8 vs Steel Exchange India Limited 38.9.
Return on equity: Steel Exchange India Limited 3.7% vs S.A.L. Steel Ltd. -0.4%.
Debt to equity: S.A.L. Steel Ltd. 2.38 vs Steel Exchange India Limited 0.57.
Differences in the numbers, not a recommendation of either stock.
Side by side
| SALSTEEL | STEELXIND | |
|---|---|---|
| Price | ₹76.66 | ₹9.9 |
| Market cap | ₹1,133 cr | ₹1,228 cr |
| P/E | 60.8 | 38.9 |
| P/B | — | — |
| ROE | -0.4% | 3.7% |
| ROCE | 1.1% | 10.1% |
| Debt / equity | 2.38 | 0.57 |
| Operating margin | 13.5% | 10.4% |
| Dividend yield | 0.00% | 0.00% |
| Sales growth, 3 years (yearly) | -25.2% | -8.3% |
| Profit growth, 3 years (yearly) | — | — |
| 1-year return | 99.0% | 0.6% |
| Revenue, last 12 months | ₹167 cr | ₹1,029 cr |
| Net profit, last 12 months | ₹12 cr | ₹32 cr |
| Latest quarter | Jun 2026 | Jun 2026 |
| Quarter net profit | ₹3 cr | ₹15 cr |
| Quarter profit vs a year earlier | — | +46.9% |
| Promoter holding | 70.98% | 49.67% |
| Health check | Weak (1.9/10) | Weak (3.9/10) |
Common questions
Which has a higher P/E, S.A.L. Steel Ltd. or Steel Exchange India Limited?
S.A.L. Steel Ltd. trades at the higher P/E (60.8 against 38.9). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Steel Exchange India Limited (3.7% against -0.4%).
Which carries more debt?
S.A.L. Steel Ltd. has the higher debt-to-equity ratio (2.38 against 0.57).