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Steel Authority of India Ltd

SAIL

Steel Authority of India Ltd

SAIL
MaterialsIron & Steel
MidcapWith a market cap of ₹50,462 cr, stock is ranked 188
High RiskStock is 3.56x as volatile as Nifty
123.891.16% (+1.42)
123.891.16% (+1.42)

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MaterialsIron & Steel
MidcapWith a market cap of ₹50,462 cr, stock is ranked 188
High RiskStock is 3.56x as volatile as Nifty

How to use scorecard? Learn more

MaterialsIron & Steel
MidcapWith a market cap of ₹50,462 cr, stock is ranked 188
High RiskStock is 3.56x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
19.970.881.64%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
31.003.521.32%

Forecast & Ratings

Detailed Forecast 
8%
Analysts have suggested that investors can buy this stock

from 24 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Steel Authority of India Limited is engaged in the manufacturing of flat products, such as hot rolled coils, HR plates, cold rolled coils, pipes and electric sheets, long products, such as thermo mechanically treated bars and wire rods.

Investor Presentation

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Nov 8, 2024

PDF
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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 9.57%, vs industry avg of 9.86%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 12.77% to 13.61%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 5.48%, vs industry avg of 4.95%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue39,286.2244,853.0559,027.0567,690.8862,765.6970,771.691,04,753.511,06,346.671,06,884.321,01,399.73
Raw Materialssubtract17,183.0021,161.4530,514.0132,402.9729,371.7323,213.5942,890.1262,179.9157,709.2690,036.46
Power & Fuel Costsubtract5,459.955,371.015,931.716,189.456,340.735,861.677,139.837,867.477,724.19
Employee Costsubtract9,728.729,180.529,120.078,949.828,797.3210,564.7512,861.9912,071.5311,765.72
Selling & Administrative Expensessubtract3,404.243,125.084,518.835,755.435,215.085,757.4311,087.398,966.4610,062.85
Operating & Other expensessubtract5,919.655,521.243,580.344,303.712,496.7611,248.678,509.405,367.857,808.26
Depreciation/Amortizationsubtract2,404.422,681.623,065.973,385.343,755.734,102.784,275.024,963.545,278.375,382.84
Interest & Other Itemssubtract2,300.452,527.822,822.753,154.923,486.762,817.151,697.892,037.472,473.862,705.14
Taxes & Other Itemssubtract-2,937.71-1,959.52-245.231,200.531,180.873,057.524,048.40715.91995.14747.76
EPS-10.11-6.67-0.685.695.1310.0429.645.277.426.12
DPS0.000.000.000.500.002.808.751.502.002.00
Payout ratio0.000.000.000.090.000.280.300.280.270.33

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2018

Annual report

PDF

Investor Presentation

Jun 25PDF
FY 2025

Annual Report Pending

Investor Presentation

Nov 8PDF
 

Peers & Comparison

Comparing 3 stocks from 
MaterialsIron & Steel

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Steel Authority of India Ltd16.460.881.64%
JSW Steel Ltd27.543.040.92%
Tata Steel Ltd-41.031.972.47%
Jindal Steel And Power Ltd15.942.120.21%

Price Comparison

Compare SAIL with any stock or ETF
Compare SAIL with any stock or ETF
SAIL
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding65.00%5.92%10.11%2.82%16.15%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep3.82%3.68%4.34%3.18%3.00%2.82%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Steel Authority of India Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Quant Mid Cap Fund - Growth - Direct Plan

Growth
1.0417%5.88%-2.08%6/39 (-1)
Quant Active Fund - Growth - Direct Plan

Growth
0.7580%3.60%-0.68%7/69 (-3)
ICICI PRUDENTIAL EQUITY ARBITRAGE FUND - DIRECT PLAN - GROWTH

Growth
0.2846%0.57%0.24%42/200 (+67)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Steel Authority of India Ltd

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 19, 2024

Final
Final | Div/Share: ₹1.00

Dividend/Share

₹1.00

Ex DateEx Date

Sep 19, 2024

Cash Dividend

Ex DateEx DateFeb 20, 2024

Interim
Interim | Div/Share: ₹1.00

Dividend/Share

₹1.00

Ex DateEx Date

Feb 20, 2024

Cash Dividend

Ex DateEx DateSep 20, 2023

Final
Final | Div/Share: ₹0.50

Dividend/Share

₹0.50

Ex DateEx Date

Sep 20, 2023

Cash Dividend

Ex DateEx DateMar 24, 2023

Interim
Interim | Div/Share: ₹1.00

Dividend/Share

₹1.00

Ex DateEx Date

Mar 24, 2023

Cash Dividend

Ex DateEx DateJul 28, 2022

Final
Final | Div/Share: ₹2.25

Dividend/Share

₹2.25

Ex DateEx Date

Jul 28, 2022

News & Opinions
Spotlight
Steel Authority of India Ltd spurts 0.05%, up for five straight sessions

Steel Authority of India Ltd rose for a fifth straight session today. The stock is quoting at Rs 116.32, up 0.05% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 1.01% on the day, quoting at 24030.45. The Sensex is at 79346.41, down 1.11%. Steel Authority of India Ltd has added around 0.53% in last one month. Meanwhile, Nifty Metal index of which Steel Authority of India Ltd is a constituent, has added around 3.56% in last one month and is currently quoting at 8987.35, up 0.21% on the day. The volume in the stock stood at 66.75 lakh shares today, compared to the daily average of 189.16 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 116.31, up 0.14% on the day. Steel Authority of India Ltd is up 27.54% in last one year as compared to a 19.57% gain in NIFTY and a 28.36% gain in the Nifty Metal index.The PE of the stock is 17.03 based on TTM earnings ending September 24.Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Steel Authority of India announces cessation of director

Steel Authority of India announced the cessation of Sagi Kasi Viswanatha Raju as Non Official Independent Director on Board of the company with effect from 16 November 2024. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Spotlight
Steel Authority of India Ltd drops for fifth straight session

Steel Authority of India Ltd fell for a fifth straight session today. The stock is quoting at Rs 112.52, down 1.45% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is down around 0.94% on the day, quoting at 23659.1. The Sensex is at 78018.99, down 0.83%.Steel Authority of India Ltd has eased around 16.24% in last one month.Meanwhile, Nifty Metal index of which Steel Authority of India Ltd is a constituent, has eased around 10.64% in last one month and is currently quoting at 9078.5, down 2.5% on the day. The volume in the stock stood at 136.27 lakh shares today, compared to the daily average of 210.67 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 111.97, down 2.21% on the day. Steel Authority of India Ltd jumped 27.29% in last one year as compared to a 20.25% rally in NIFTY and a 30.31% spurt in the Nifty Metal index.The PE of the stock is 16.71 based on TTM earnings ending September 24.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Steel Authority of India announces cessation of director

Steel Authority of India announced the cessation of Ashok Kumar Tripathy, who was appointed as Non-Official Independent Director on the Board with effect from 08 November 2024 on completion of tenure on 07 November 2024. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
SAIL slides after Q2 PAT slips 33% YoY to Rs 834 cr

During the quarter, profit before exceptional items and tax stood at Rs 1,112.55 crore, down 47.3% as compared with Rs 2,111.16 crore in Q2 FY24. The steel making company reported exceptional loss of Rs 414.96 crore in same quarter previous fiscal. Total expenses fell 14.12% to Rs 23,831.64 crore in Q2 FY25 as compared with Rs 27,776.05 crore in Q2 FY24. Cost of material consumed stood at Rs 12,242.59 crore (down 9.43% YoY), employee benefit expenses was at Rs 2,871.66 crore (down 99.08% YoY), while finance cost was at Rs 757.52 crore (up 25.16% YoY) during the period under review. EBITDA de-grew 21.49% YoY to Rs 3,174 crore in the second quarter of FY25. The lower performance in Q2 FY25 over Q2 FY24 was influenced by factors like cheaper imports and decrease in prices. Sales volume stood at 4.10 million tonnes (MT) in Q2 FY25 as against 4.77 MT in Q2 FY24 while crude steel production was at 4.76 MT during the quarter as compared with Rs 4.80 MT posted in same quarter last year. Amarendu Prakash, chairman, SAIL, said, We expect H2 FY25 to bring more promising results compared to H1 FY25, which was impacted by various challenges. Moving forward, with expected downtrend in steel imports and projected growth in GDP & capital expenditure, H2 FY25 may yield better performance. Steel Authority of India (SAIL) is the leading steel-making company in India. The company is a fully integrated iron and steel maker, producing both basic and special steels for domestic construction, engineering, power, railway, automotive and defence industries and for sale in export markets. Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Steel Authority of India consolidated net profit declines 31.28% in the September 2024 quarter

Net profit of Steel Authority of India declined 31.28% to Rs 897.15 crore in the quarter ended September 2024 as against Rs 1305.59 crore during the previous quarter ended September 2023. Sales declined 16.95% to Rs 24675.20 crore in the quarter ended September 2024 as against Rs 29712.07 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales24675.2029712.07 -17 OPM %11.8013.04 - PBDT2477.273511.33 -29 PBT1173.342184.74 -46 NP897.151305.59 -31 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Steel Authority of India to hold board meeting

Steel Authority of India will hold a meeting of the Board of Directors of the Company on 7 November 2024Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Steel Authority of India Ltd up for fifth session

Steel Authority of India Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 140.5, up 0.93% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.01% on the day, quoting at 26214. The Sensex is at 85712.57, down 0.14%. Steel Authority of India Ltd has risen around 4.82% in last one month. Meanwhile, Nifty Metal index of which Steel Authority of India Ltd is a constituent, has risen around 7.03% in last one month and is currently quoting at 9985.7, up 0.91% on the day. The volume in the stock stood at 287.13 lakh shares today, compared to the daily average of 183.85 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 141.28, up 0.66% on the day. Steel Authority of India Ltd is up 53.05% in last one year as compared to a 34.27% spurt in NIFTY and a 50.12% spurt in the Nifty Metal index.The PE of the stock is 16.29 based on TTM earnings ending June 24.Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
Steel Authority of India Ltd gains for third straight session

Steel Authority of India Ltd is up for a third straight session today. The stock is quoting at Rs 133.71, up 1.14% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.06% on the day, quoting at 25372.35. The Sensex is at 82952.82, up 0.07%. Steel Authority of India Ltd has gained around 1.82% in last one month. Meanwhile, Nifty Metal index of which Steel Authority of India Ltd is a constituent, has gained around 3.62% in last one month and is currently quoting at 9370.65, up 1.31% on the day. The volume in the stock stood at 90.18 lakh shares today, compared to the daily average of 156.32 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 133.02, up 1.19% on the day. Steel Authority of India Ltd is up 37.99% in last one year as compared to a 26.02% jump in NIFTY and a 36.45% jump in the Nifty Metal index.The PE of the stock is 15.46 based on TTM earnings ending June 24.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Steel Authority of India to hold AGM

Steel Authority of India announced that the 52th Annual General Meeting (AGM) of the company will be held on 26 September 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live