Steel Authority of India

    SAIL
    Metals
    ₹164.34
    Price as of 25 Oct 2026, 10:28 pm IST

    Market cap ₹67,881 Cr

    P/E
    15.89
    Day range
    ₹161.31 – ₹169.50
    52-week range
    ₹124.00 – ₹209.70
    Volume
    1.44 Cr
    Open
    ₹169.00
    Prev close
    ₹169.75

    Latest results · Q1 FY27(consolidated)Revenue ₹26,246 Cr+1.2%Profit ₹1,644 Cr+120.8%Margin 6.3%YoY vs the same quarter last year

    1 red flag to read up on

    • medium

      In the F&O ban period

      Open interest crossed 95% of the market-wide limit; no fresh derivative positions · 26 Oct 2026

    From NSE and BSE filings. A flag is a reason to read the filing, not a rating.

    SAIL in NSE indices and F&O

    F&O margin for one lot of SAIL (4,700 shares)

    Research profile

    Composite 65 / 100

    Factor percentiles

    Value89
    Quality38
    Momentum68
    Low volatility65

    Derived metrics

    Earn. yield
    6.3%
    Graham no.
    ₹196.37
    vs Graham
    +19.5%
    ROE ÷ P/B
    5.0%
    12-1 mom.
    +35.1%
    Return / vol
    0.78
    Magic Formula
    #360
    Piotroski
    5/6
    FCF yield
    15.1%
    PEG
    0.34

    Appears in 10 scans

    Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.

    Peer comparison

    All 27 in Metals
    Largest Metals companies tracked, with sector medians
    CompanyM-capP/EP/BROEROCEOPMD/ESales YoY
    JSW SteelJSWSTEEL₹2.89 L Cr10.192.5628.4%11.0%19.0%0.62+20.7%
    Hindustan ZincHINDZINC₹2.10 L Cr10.067.3176.9%70.0%61.0%0.22+76.5%
    Tata SteelTATASTEEL₹2.09 L Cr18.952.0511.3%13.0%15.0%0.90+14.3%
    Hindalco IndustriesHINDALCO₹1.95 L Cr11.801.4610.3%13.0%16.0%0.73+32.1%
    Vedanta Aluminium MetalVAML₹1.34 L Cr34.68———48.0%——
    Jindal Steel & PowerJINDALSTEL₹1.03 L Cr36.221.986.9%10.0%15.0%0.43+42.7%
    Lloyds Metals And EnergyLLOYDSME₹1.00 L Cr20.897.2437.7%27.0%38.0%1.49+208.5%
    Steel Authority of IndiaSAIL₹67,881 Cr15.891.125.7%8.0%16.0%0.53+1.2%
    Sector median₹38,589 Cr16.452.3517.5%17.0%16.0%0.35+21.1%

    Sector as classified in the tracked universe; medians use every tracked Metals company, and P/E only profitable ones. Tinted figures beat the median.

    Latest news

    Updated 8d ago

    Headlines about Steel Authority of India from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.

    Key metrics

    P/E (TTM)
    14.0
    EPS (TTM)
    ₹10.35
    Price / Book
    1.13
    ROE (FY26)
    5.7%
    ROCE (latest year)
    8%
    Dividend yield
    1.43%

    Moving averages (NSE)

    20-day
    ₹174.29
    Price below
    50-day
    ₹179.04
    Price below
    200-day
    ₹170.78
    Price below

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +2.0%
    Profit 3Y CAGR
    +15.7%
    Revenue YoY (Jun 2026)
    +1.2%
    Profit YoY (Jun 2026)
    +120.7%
    Operating margin
    16.0%
    Net margin
    6.3%

    Revenue, profit & margin - quarterly

    ₹ crore; a loss shows red. Operating margin below, same periods.

    0 Cr10K Cr20K Cr30K Cr40K Cr
    • Revenue
    • Net profit

    Operating margin

    Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Jun 20260%8%16%

    Who owns the company

    % of equity by quarter, latest Sept 2026

    Dec '24Mar '25Jun '25Sept '25Dec '25Mar '26Jun '26Sept '260%25%50%75%100%
    • Promoter
    • DII
    • Public
    • FII

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-40K Cr-20K Cr0 Cr20K Cr40K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26-10%0%10%20%30%15% screen

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); the ratio below, same years.

    0 Cr20K Cr40K Cr60K Cr80K Cr
    • Equity
    • Debt

    Debt to equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 20260x1x2x

    Dividends per share

    ₹ by fiscal year of the ex-date; the latest year runs to date.

    FY20FY21FY22FY23FY24FY25FY26FY27₹0₹2.5₹5₹7.5₹10

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales29,71223,34927,95923,99824,67524,49029,31625,92226,70427,37130,81326,246
    Expenses25,83721,20624,47621,77821,76222,46025,83223,15324,17625,07726,40522,093
    Operating Profit3,8752,1423,4832,2202,9132,0303,4842,7692,5282,2944,4094,153
    OPM %13%9%12%9%12%8%12%11%9%8%14%16%
    Other Income-174355-43-28322393362235-3424820287
    Interest605614642691758680664595484547532493
    Depreciation1,3271,3211,3561,4021,3041,4211,5241,4411,4531,5161,5771,560
    Profit before tax1,7705631,441981,1733231,6579685564802,5022,187
    Tax %26%25%22%17%24%56%25%23%25%22%27%25%
    Net Profit1,3064231,126828971421,2517454193741,8351,644
    EPS in Rs₹3.16₹1.02₹2.73₹0.20₹2.17₹0.34₹3.03₹1.80₹1.01₹0.91₹4.44₹3.98

    From company filings, updated 24 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.

    Working-capital cycle

    Debtor Days21

    -22 days since Mar 2021

    Inventory Days158

    -49 days since Mar 2021

    Days Payable72

    -35 days since Mar 2021

    Cash Conversion Cycle108

    -36 days since Mar 2021

    Working Capital Days-27

    +51 days since Mar 2021

    Strengths, risks & growth

    Steel Authority of India Limited (SAIL) is one of the largest steel-making companies in India and one of the Maharatnas of the countrys Central Public Sector Enterprises. SAIL produces iron and steel at five integrated plants and three special steel plants, located principally in the eastern and central regions of India and situated close to domestic sources of raw materials. SAIL manufactures and sells a broad range of steel products.(Source : Company Web-Site)

    Strengths

    • Stock is trading at 1.12 times its book value
    • Company has been maintaining a healthy dividend payout of 27.9%

    Risks

    • The company has delivered a poor sales growth of 9.90% over past five years.
    • Company has a low return on equity of 5.85% over last 3 years.
    • Contingent liabilities of Rs.43,331 Cr.
    • Company might be capitalizing the interest cost

    Compounded Sales Growth

    10 Years
    +11%
    5 Years
    +10%
    3 Years
    +2%
    TTM
    +6%

    Compounded Profit Growth

    10 Years
    +11%
    5 Years
    -1%
    3 Years
    +26%
    TTM
    +59%

    Stock Price CAGR

    10 Years
    +12%
    5 Years
    +7%
    3 Years
    +25%
    1 Year
    +27%

    Return on Equity

    10 Years
    +7%
    5 Years
    +9%
    3 Years
    +6%
    Last Year
    +7%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderDec 2025Mar 2026Jun 2026Sept 2026Change
    Promoter65.00%65.00%65.00%65.00%0.00 pp
    FII4.54%5.01%7.09%7.30%+0.21 pp
    DII17.84%18.40%16.87%16.49%-0.38 pp
    Public12.63%11.58%11.05%11.19%+0.14 pp

    Filed with NSE for Sept 2026: promoters 65.00%, public 35.00% · XBRL filing

    Analysts & fund holdings

    46%
    46% recommend buy
    24 analysts cover the stock
    Valuation vs Metals & Mining
    P/E15.9 vs 23.4
    Sector P/B2.92
    Beta1.36

    Who holds the shares, quarter by quarter

    Mutual funds 9.95% (+1.21 pp)
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    Sept 26
    • Promoters65.0%
    • Foreign institutions7.3%
    • Mutual funds9.9%
    • Insurance6.3%
    • Other domestic institutions0.2%
    • Retail6.8%
    • Others4.4%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Mirae Asset Large & Midcap Fund1.37%2.25%+0.67 pp
    Mirae Asset Midcap Fund1.04%3.76%+0.97 pp
    Mirae Asset ELSS Tax Saver Fund0.64%1.84%+0.44 pp
    Tata Arbitrage Fund0.46%1.31%+0.30 pp
    Aditya Birla SL Arbitrage Fund0.44%1.15%-0.02 pp

    Scorecard

    Performance
    Avg
    Valuation
    High
    Growth
    Low
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Risk & trend

    From 275 daily sessions to 23 Oct 2026.

    Computed

    Risk

    Volatility (1Y)
    35.4%
    Downside volatility
    33.5%
    Worst 5% of days
    3.4%
    Average of that tail
    4.4%
    Max drawdown (1Y)
    21.9%
    Below its peak
    20.2%

    Against the market

    Beta vs Nifty 50
    1.01
    Correlation
    0.38
    Relative strength (3M)
    +7.5%
    ATR (14)
    3.7%

    Return

    Return 1M
    -5.6%
    Return 3M
    +2.1%
    Return 6M
    -6.7%
    Return 1Y
    +27.6%
    vs 200-day average
    -3.8%

    Momentum

    RSI (14)
    35.5
    MACD histogram
    -0.61
    Stochastic %K
    15.8
    ADX (14)
    23.2
    +DI / −DI
    10.6 / 24.7
    Money flow index
    60.2

    Participation

    Delivery (20d avg)
    39.1%
    vs its 60-day baseline
    -1.7 pts
    Volume vs 20-day
    -0.2σ
    Close vs day's VWAP
    +0.2%
    52-week position
    48 / 100

    These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.

    Financial quality

    From consolidated statements to 31 Mar 2026.

    Computed

    Piotroski F-Score

    5 of 6 tested

    • Return on assets positive — passed
    • Operating cash flow positive — not testableno cash flow statement for this period
    • Return on assets improving — passed
    • Cash flow exceeds profit — not testableneeds cash flow and profit against assets
    • Debt to assets falling — passed
    • Current ratio improving — failed
    • No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
    • Operating margin improving — passed
    • Asset turnover improving — passed
    Free cash flow
    ₹10,281 Cr
    FCF yield
    15.1%
    Cash conversion
    5.64
    Accruals ratio
    -0.115
    Net debt
    ₹31,899 Cr
    Net debt / equity
    0.53
    EV / sales
    0.90
    PEG
    0.34
    Capex intensity
    7.9%
    Revenue CAGR
    5.1%
    Profit CAGR
    46.7%

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Corporate actions

    • dividend
      ₹2.35

      Dividend - Rs 2.35 Per Share

      30 Sept 2026
      ex-date
    • dividend
      ₹1.60

      Dividend - Rs 1.60 Per Share

      8 Sept 2025
      ex-date
    • dividend
      Not available — not reported in this filing

      Dividend - Re 1 Per Share

      19 Sept 2024
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      19 Sept 2024
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 1 Per Share

      20 Feb 2024
      ex-date
    • dividend
      Not available — not reported in this filing

      Dividend - Re 0.50 Per Share

      20 Sept 2023
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      20 Sept 2023
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 1 Per Share

      24 Mar 2023
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      20 Sept 2022
      ex-date
    • dividend
      ₹2.25

      Dividend - Rs 2.25 Per Share

      28 Jul 2022
      ex-date
    • dividend
      ₹2.50

      Interim Dividend - Rs 2.50 Per Share

      28 Mar 2022
      ex-date
    • dividend
      ₹4.00

      Interim Dividend - Rs 4 Per Sh

      9 Nov 2021
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      20 Sept 2021
      ex-date
    • dividend
      ₹1.80

      Dividend - Rs 1.80 Per Share

      20 Sept 2021
      ex-date
    • dividend
      ₹1.00

      Interim Dividend - Rs 1.00 Per Share

      4 Feb 2021
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      14 Oct 2020
      ex-date
    • dividend
      ₹0.50

      Annual General Meeting/Dividend - Rs 0.50 Per Share

      22 Aug 2019
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      16 Aug 2018
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      21 Aug 2017
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      19 Aug 2016
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/ Dividend - Re 0.25/- Per Share

      11 Aug 2015
      ex-date

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Cessation

    Change in composition of SAIL Board

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    Change in Composition of SAIL Board

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Credit Rating

    Revision/Reaffirmation of credit rating by CareEdge

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    Appointment of Company Secretary

    Insider Trading / SAST
    Closure of Trading Window
    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    Voting result and scrutinizers report of 54th AGM of SAIL held on 24.09.2026

    Company Update
    SAIL And BCCL Sign Mou Agreement To Boost Domestic Coal Production.

    SAIL and BCCL sign MoU Agreement to Boost Domestic Coal Production.

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Outcome of AGM

    Proceedings of 54th Annual General Meeting of SAIL held on 24th September, 2026.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Investor Presentation

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of non deal roadshows

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Credit Rating

    Credit Rating

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Extract of Newspaper Publication.

    Insider Trading / SAST
    Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

    The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Life Insurance Corporation of India

    Others
    Business Responsibility and Sustainability Reporting (BRSR)

    BRSR Report for FY 2025-26

    Others
    Reg. 34 (1) Annual Report.

    Notice of 54th Annual General Meeting to be held through Video Conferencing (VC)/ Other Audio Visual Means (OAVM) along with the Annual Report of the Company for the Financial Year (FY) 2025-26.

    Filed with BSE (scrip 500113); the last 45 days. Documents open at bseindia.com.

    SEBI filings & orders

    From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.

    Regulatory orders

    • Settlement order

      Settlement Order in the matter of Suspected Insider Trading Activities in the scrip of Steel Authority of India Limited

      30 Apr 2024
      Read on SEBI

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 25 Jul 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.

    FAQ

    Steel Authority of India: common questions

    Answered from the figures on this page.

    Steel Authority of India last traded at ₹164.34 (NSE, as of 25 Oct 2026). The last session moved it down 3.19%.

    Steel Authority of India is valued at about ₹67,881 crore (NSE, as of 25 Oct 2026).

    Steel Authority of India trades at a price-to-earnings ratio of 15.89 (NSE, as of 25 Oct 2026). The P/E compares the share price with earnings per share, so it is only comparable between companies in the same industry.

    Steel Authority of India has traded between ₹124.00 and ₹209.70 over the past 52 weeks, to 25 Oct 2026. It is currently 47% of the way up that range.

    Steel Authority of India (SAIL) is classified under Metals on this site's screener.