Steel Authority of India Ltd

Steel Authority of India Ltd gained for a third straight session today. The stock is quoting at Rs 177.06, up 1.17% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.24% on the day, quoting at 23325.6. The Sensex is at 74509.35, up 0.26%. Steel Authority of India Ltd has risen around 2.49% in last one month. Meanwhile, Nifty Metal index of which Steel Authority of India Ltd is a constituent, has risen around 0.33% in last one month and is currently quoting at 12858.45, up 0.94% on the day. The volume in the stock stood at 42.28 lakh shares today, compared to the daily average of 244.2 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 177.58, up 1% on the day. Steel Authority of India Ltd is up 30% in last one year as compared to a 7.9% drop in NIFTY and a 29.93% drop in the Nifty Metal index.The PE of the stock is 15.28 based on TTM earnings ending June 26.

Steel Authority of India Ltd announced credit rating actions from multiple agencies on its various debt instruments. India Ratings and Research has reaffirmed its rating of ‘IND AAA’ for the company’s Long Term Bank Loans amounting to Rs 7,600 crore, its Long Term Debt amounting to Rs 2,700 crore, its Short Term Bank Loans amounting to Rs 3,000 crore, and its Commercial Paper amounting to Rs 1,000 crore; Care Ratings has reaffirmed its rating of ‘AAA’ for the Long Term Bank Loans amounting to Rs 7,600 crore, the Long Term Debt amounting to Rs 2,700 crore, the Short Term Bank Loans amounting to Rs 3,000 crore, and the Commercial Paper amounting to Rs 1,000 crore; Brickwork Ratings has reaffirmed its rating of ‘AAA’ for the Long Term Bank Loans amounting to Rs 7,600 crore, the Long Term Debt amounting to Rs 2,700 crore, the Short Term Bank Loans amounting to Rs 3,000 crore, and the Commercial Paper amounting to Rs 1,000 crore, with a Stable outlook maintained by all three rating agencies, and no enhancements, assignments, or withdrawals were noted.

Steel Authority of India Ltd gained 1.67% today to trade at Rs 176.85. The BSE Metal index is up 1.01% to quote at 42218.2. The index is up 5.84 % over last one month. Among the other constituents of the index, National Aluminium Company Ltd increased 1.63% and Hindalco Industries Ltd added 1.47% on the day. The BSE Metal index went up 35.17 % over last one year compared to the 4.34% fall in benchmark SENSEX. Steel Authority of India Ltd has added 9.47% over last one month compared to 5.84% gain in BSE Metal index and 2.25% rise in the SENSEX. On the BSE, 74142 shares were traded in the counter so far compared with average daily volumes of 8.53 lakh shares in the past one month. The stock hit a record high of Rs 209.7 on 14 May 2026. The stock hit a 52-week low of Rs 118.1 on 28 Aug 2025.

Net profit of Steel Authority of India rose 120.80% to Rs 1644.05 crore in the quarter ended June 2026 as against Rs 744.58 crore during the previous quarter ended June 2025. Sales rose 1.25% to Rs 26245.67 crore in the quarter ended June 2026 as against Rs 25921.76 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales26245.6725921.76 1 OPM %15.8210.68 - PBDT3891.032409.30 62 PBT2330.69967.81 141 NP1644.05744.58 121 Powered by Capital Market - Live

Steel Authority of India will hold a meeting of the Board of Directors of the Company on 24 July 2026.

Steel Authority of India Ltd fell for a fifth straight session today. The stock is quoting at Rs 161, down 1.61% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.83% on the day, quoting at 24273.6. The Sensex is at 77983.71, up 1.03%.Steel Authority of India Ltd has eased around 11.62% in last one month.Meanwhile, Nifty Metal index of which Steel Authority of India Ltd is a constituent, has eased around 4.77% in last one month and is currently quoting at 12495.9, down 0.84% on the day. The volume in the stock stood at 74.59 lakh shares today, compared to the daily average of 164.33 lakh shares in last one month. The benchmark July futures contract for the stock is quoting at Rs 161.41, down 1.75% on the day. Steel Authority of India Ltd jumped 17.99% in last one year as compared to a 2.78% slide in NIFTY and a 31% spurt in the Nifty Metal index.The PE of the stock is 18.32 based on TTM earnings ending March 26.Powered by Capital Market - Live

Revenue from operations rose 5.10% to Rs 30,813.45 crore in the quarter ended 31 March 2026. Profit before exceptional items and tax surged 66.52% to Rs 2,653.46 crore during the quarter against Rs 1,593.39 crore a year earlier. The state-owned steelmaker also reported an exceptional loss of Rs 329.78 crore during the period. EBITDA for the quarter stood at Rs 4,762 crore, registering a growth of 25.94% over Rs 3,781 crore posted in the same quarter of the previous fiscal. Total expenses rose marginally by 1.75% year-on-year to Rs 28,515.79 crore in Q4 FY26. Cost of materials consumed declined 6.81% to Rs 12,018.54 crore, while employee benefits expenses fell 18.90% to Rs 2,666.68 crore. Sales volume remained largely flat at 5.32 million tonnes (MT) in Q4 FY26 compared with 5.33 MT in Q4 FY25. Crude steel production also remained stable at 5.08 MT during the quarter, against 5.09 MT in the year-ago period. On a consolidated basis, net profit jumped 46.72% to Rs 1,835.47 crore in Q4 FY26 from Rs 1,251 crore in Q4 FY25. Consolidated revenue from operations rose 5.10% year-on-year to Rs 30,813.49 crore. Dr A.K. Panda stated, Our performance reflects the inherent strength of our core operations, supported by focused efforts to expand market presence and align our product portfolio with evolving demand. The growth in sales volumes, coupled with a reduction in inventory and borrowings, has reinforced our profitability, with PBT and PAT registering growth of 44% and 50.5% over the corresponding previous year, respectively. Going forward, we will place sharper emphasis on increasing the share of value-added and special steel in our portfolio. The encouraging outlook for domestic steel consumption, driven by sustained infrastructure development, augurs well for our expansion plans. We remain committed to delivering consistent value and long-term growth to our stakeholders. Meanwhile, the board of the Steel Authority of India has recommended a final dividend of Rs 2.35 per equity share of face value Rs 10 each for FY26, representing 23.5% of the company's paid-up equity share capital. The proposed dividend will be paid within 30 days from the date of shareholders' approval at the ensuing Annual General Meeting (AGM). The company said the date of the AGM will be announced in due course. The official announcement was made on 15 May 2026, after market hours. 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 defense industries, as well as for export markets. As of the December 2025 quarter, the Government of India holds a 65% stake in the company. The scrip slipped 1.14% to Rs 190.15 on the BSE. Powered by Capital Market - Live

Revenue from operations rose 5.10% to Rs 30,813.45 crore in the quarter ended 31 March 2026. Profit before exceptional items and tax surged 66.52% to Rs 2,653.46 crore during the quarter against Rs 1,593.39 crore a year earlier. The state-owned steelmaker also reported an exceptional loss of Rs 329.78 crore during the period. EBITDA for the quarter stood at Rs 4,762 crore, registering a growth of 25.94% over Rs 3,781 crore posted in the same quarter of the previous fiscal. Total expenses rose marginally by 1.75% year-on-year to Rs 28,515.79 crore in Q4 FY26. Cost of materials consumed declined 6.81% to Rs 12,018.54 crore, while employee benefits expenses fell 18.90% to Rs 2,666.68 crore. Sales volume remained largely flat at 5.32 million tonnes (MT) in Q4 FY26 compared with 5.33 MT in Q4 FY25. Crude steel production also remained stable at 5.08 MT during the quarter, against 5.09 MT in the year-ago period. On a consolidated basis, net profit jumped 46.72% to Rs 1,835.47 crore in Q4 FY26 from Rs 1,251 crore in Q4 FY25. Consolidated revenue from operations rose 5.10% year-on-year to Rs 30,813.49 crore. Dr A.K. Panda stated, Our performance reflects the inherent strength of our core operations, supported by focused efforts to expand market presence and align our product portfolio with evolving demand. The growth in sales volumes, coupled with a reduction in inventory and borrowings, has reinforced our profitability, with PBT and PAT registering growth of 44% and 50.5% over the corresponding previous year, respectively. Going forward, we will place sharper emphasis on increasing the share of value-added and special steel in our portfolio. The encouraging outlook for domestic steel consumption, driven by sustained infrastructure development, augurs well for our expansion plans. We remain committed to delivering consistent value and long-term growth to our stakeholders. Meanwhile, the board of the Steel Authority of India has recommended a final dividend of Rs 2.35 per equity share of face value Rs 10 each for FY26, representing 23.5% of the company's paid-up equity share capital. The proposed dividend will be paid within 30 days from the date of shareholders' approval at the ensuing Annual General Meeting (AGM). The company said the date of the AGM will be announced in due course. 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 defense industries, as well as for export markets. As of the December 2025 quarter, the Government of India holds a 65% stake in the company. The scrip dropped 3.37% to end at Rs 192.35 on Friday, 16 May 2025. Powered by Capital Market - Live

Steel Authority of India announced that the Board of Directors of the Company at its meeting held on 15 May 2026, inter alia, have recommended the final dividend of Rs 2.35 per equity Share (i.e. 23.5%) , subject to the approval of the shareholders.

Net profit of Steel Authority of India rose 46.72% to Rs 1835.47 crore in the quarter ended March 2026 as against Rs 1251.00 crore during the previous quarter ended March 2025. Sales rose 5.11% to Rs 30813.49 crore in the quarter ended March 2026 as against Rs 29316.14 crore during the previous quarter ended March 2025. For the full year,net profit rose 42.20% to Rs 3372.80 crore in the year ended March 2026 as against Rs 2371.82 crore during the previous year ended March 2025. Sales rose 8.13% to Rs 110810.84 crore in the year ended March 2026 as against Rs 102479.06 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales30813.4929316.14 5 110810.84102479.06 8 OPM %14.3111.88 -10.8310.39 - PBDT4408.773210.46 37 11161.419214.85 21 PBT2831.581686.62 68 5173.733564.17 45 NP1835.471251.00 47 3372.802371.82 42 Powered by Capital Market - Live