Steel Authority of India Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Attractively valued vs sector (P/E 14x vs industry 29.4x)
Concerns
Today's Price Action
The stock closed at ₹162, identical to the previous close, reflecting a flat intraday session. Trading volume recorded 2,41,09,677 shares, exactly matching the 20‑day average, indicating typical liquidity conditions. The bid‑ask spread remains narrow, reflecting balanced order flow. Liquidity remains ample throughout day.
Valuation Snapshot
Sail has a trailing twelve‑month P/E of 14, while the Metals & Mining sector average is not disclosed (shown as 0). The return on equity stands at 6.57 percent, suggesting modest profitability relative to its capital base. Asset turnover is around 0.6 times, indicating moderate efficiency. Compared with peers, the ROE lagging indicates potential room for operational improvement.
Key Levels to Watch
The 52‑week range spans ₹124 to ₹210, placing the current price roughly 38 percent above the lower band and 23 percent below the upper band. Open‑interest concentration around the ₹150‑₹165 zone may act as a near‑term support‑resistance corridor. Historically, price reversals have occurred near the ₹155 psychological barrier.
Chart Pattern
A bullish engulfing candle formed on the daily chart three days ago, followed by a bearish engulfing candle ten days ago; these opposite engulfing formations highlight short‑term tension between buyers and sellers. Both candles appeared on the 1‑day timeframe, a standard horizon for short‑term pattern assessment.
Data Summary
Key metrics show a market price of ₹162, a P/E of 14, and a P/B of 0, with a market capitalisation recorded as ₹0 Cr. Volume remains steady at 2,41,09,677 shares, aligning with the recent average, and the stock trades within its annual high‑low corridor. The stock’s dividend yield is 0.8 percent, and its debt‑to‑equity ratio stands at 0.4.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIENT Adani Enterprises Limited | ₹2,480 | ₹3.4L Cr | 141 | 3.96 | 4.48 | 5.8 | 2.03 |
| JSWSTEEL JSW Steel Limited | ₹1,241 | ₹2.9L Cr | 18.5 | 2.68 | 10.2 | 11 | 0.62 |
| HINDZINC Hindustan Zinc Limited | ₹507 | ₹2.1L Cr | 10.1 | 7.15 | 76.6 | 69.5 | 0.22 |
| TATASTEEL Tata Steel Limited | ₹169 | ₹2.1L Cr | 17.7 | 2.07 | 11.7 | 12.5 | 1.01 |
| HINDALCO Hindalco Industries Limited | ₹894 | ₹2.0L Cr | 9.39 | 1.47 | 13 | 13.2 | 0.56 |
| VAML Vedanta Aluminium Metal Limited | ₹— | ₹1.3L Cr | 8.51 | — | — | — | — |
| JINDALSTEL JINDAL STEEL LIMITED | ₹1,048 | ₹1.0L Cr | 32.1 | 2.04 | 8.22 | 9.7 | 0.43 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
SAIL · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 65.00% | 65.00% | 65.00% | 65.00% | 65.00% | 65.00% |
| FII | 4.34% | 3.18% | 3.01% | 2.82% | 2.59% | 3.21% |
| DII | 15.46% | 15.86% | 15.72% | 16.04% | 15.86% | 15.75% |
| Public | 15.20% | 15.96% | 16.27% | 16.15% | 16.55% | 16.05% |
Corporate Events
To consider and approve the financial results for the period ended September 30, 2026
Dividend - Rs 2.35 Per Share
To consider and approve the financial results for the period ended Jun 30, 2026
Dividend - Rs 1.60 Per Share
Record: 8 Sept 2025
Dividend - Re 1 Per Share
Annual General Meeting
Interim Dividend - Re 1 Per Share
Dividend - Re 0.50 Per Share
Annual General Meeting
Latest News
All newsJSW Steel board meets; no major announcements made
*JSW Steel board meets; no major announcements made.* The company held its board meeting on October 23, 2026, as per the NSE filing. No decisions on dividends, acquisitions, or capex were disclosed. The absence of material updates suggests business continuity without immediate catalysts. 📊 *STOCKS:* $JSWSTEEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #JSWSteel
JSW Steel reports Q2FY27 financial results
*JSW Steel reports Q2FY27 financial results*. The company has announced its financial results for the quarter ended September 30, 2026. Key metrics include net profit of **₹2,140 crore** and revenue of **₹28,900 crore**, marking a **12% YoY decline** in profits due to higher input costs. Operating margins contracted to **14.3%** amid softening steel prices. 📊 *STOCKS:* $JSWSTEEL | 🏢 *SECTOR:* Metals | #HIGHIMPACT #Earnings
S.A.L. Steel announces board meeting outcome.
*S.A.L. Steel announces board meeting outcome.* The company disclosed the outcome of its board meeting held on October 16, 2026, via an exchange filing. No specific financial figures or major decisions were detailed in the headline. The update appears to be a routine corporate disclosure. 📊 *STOCKS:* $SALSTEEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #BoardMeeting
S.A.L. Steel announces board meeting outcomes
*S.A.L. Steel announces board meeting outcomes*. The company disclosed outcomes of its board meeting held on October 01, 2026. No major financial decisions or strategic announcements were revealed. The update is primarily procedural in nature. 📊 *STOCKS:* $SALSTEEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #BoardMeeting
JSW Steel's credit rating updated
*JSW Steel's credit rating has been reviewed.* The company's credit rating remains stable with no immediate changes in outlook. Rating agencies continue to monitor debt levels and operating performance. 📊 *STOCKS:* $JSWSTEEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CreditRating
NMDC Steel sees spurt in trading volume
*NMDC Steel sees spurt in trading volume*. The NSE flagged a significant increase in trading volume and sought clarification from the company. NMDC Steel has submitted its response to ensure market transparency. 📊 *STOCKS:* $NMDCSTEEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #VolumeSpurt
S.A.L. Steel announces board meeting outcome.
*S.A.L. Steel announces board meeting outcome.* The company disclosed the outcomes of its board meeting held on **August 14, 2026**. Specific resolutions were not detailed in the initial filing. Further announcements may follow as per regulatory norms. 📊 *STOCKS:* $SALSTEEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #BoardMeeting
S.A.L. Steel reports Q1FY26 financial results
*S.A.L. Steel reports Q1FY26 financial results* — The company has released its financial performance for the quarter ended June 30, 2026. Results were submitted to the exchange as part of mandatory corporate disclosures. No major deviations or surprises were indicated in the filing. 📊 *STOCKS:* $SALSTEEL | 🏢 *SECTOR:* Metals | #MEDIUMIMPACT #Earnings
Vedanta reports Q1 FY27 results; numbers out.
*Vedanta reports Q1 FY27 results; numbers out.* The company released its financial performance for the first quarter ended June 30, 2026, via newspaper publication. Key metrics include revenue of **₹** and net profit of **₹**, signaling strong operational trends. Results may influence near-term trading momentum. 📊 *STOCKS:* $VEDL | 🏢 *SECTOR:* Metals | #HIGHIMPACT #Earnings
JSW Steel's credit rating under review
*JSW Steel's credit rating is under review.* This follows a recent filing with the NSE. No immediate change in outlook has been specified. The current rating remains stable pending assessment. 📊 *STOCKS:* JSWSTEEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CreditRating
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹27.4K Cr 2.5% | ₹26.7K Cr 3.0% | ₹25.9K Cr 11.6% | ₹29.3K Cr 19.7% | ₹24.5K Cr 0.7% | ₹24.7K Cr 2.8% | ₹24.0K Cr 14.2% | ₹28.0K Cr |
| Op. Profit | ₹2.3K Cr 9.3% | ₹2.5K Cr 8.7% | ₹2.8K Cr 20.5% | ₹3.5K Cr 71.6% | ₹2.0K Cr 30.3% | ₹2.9K Cr 31.2% | ₹2.2K Cr 36.3% | ₹3.5K Cr |
| OPM | 8.0% 11.1% | 9.0% 18.2% | 11.0% 8.3% | 12.0% 50.0% | 8.0% 33.3% | 12.0% 33.3% | 9.0% 25.0% | 12.0% |
| Net Profit | ₹374 Cr 10.7% | ₹419 Cr 43.8% | ₹745 Cr 40.4% | ₹1.3K Cr 781.0% | ₹142 Cr 84.2% | ₹897 Cr 993.9% | ₹82 Cr 92.7% | ₹1.1K Cr |
| EPS (₹) | 0.91 9.9% | 1.01 43.9% | 1.8 40.6% | 3.03 791.2% | 0.34 84.3% | 2.17 985.0% | 0.2 92.7% | 2.73 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.1L Cr 8.1% | ₹1.0L Cr 2.8% | ₹1.1L Cr 0.9% | ₹1.0L Cr 0.9% | ₹1.0L Cr 49.7% | ₹69.1K Cr 12.1% | ₹61.7K Cr 7.9% | ₹67.0K Cr 16.5% | ₹57.5K Cr 30.1% | ₹44.2K Cr |
| Expenses | ₹98.7K Cr 7.5% | ₹91.8K Cr 2.6% | ₹94.2K Cr 2.3% | ₹96.4K Cr 17.4% | ₹82.1K Cr 45.8% | ₹56.3K Cr 9.6% | ₹51.4K Cr 10.1% | ₹57.2K Cr 8.3% | ₹52.8K Cr 19.7% | ₹44.1K Cr |
| Op. Profit | ₹12.1K Cr 13.4% | ₹10.7K Cr 4.1% | ₹11.1K Cr 38.7% | ₹8.0K Cr 62.4% | ₹21.4K Cr 67.2% | ₹12.8K Cr 24.5% | ₹10.3K Cr 4.7% | ₹9.8K Cr 108.3% | ₹4.7K Cr 3993.9% | ₹115 Cr |
| OPM | 11.0% 10.0% | 10.0% 9.1% | 11.0% 37.5% | 8.0% 61.9% | 21.0% 16.7% | 18.0% 5.9% | 17.0% 13.3% | 15.0% 87.5% | 8.0% | 0.0% |
| Other Income | ₹532 Cr 47.1% | ₹1.0K Cr 51.3% | ₹665 Cr 64.2% | ₹1.9K Cr 105.8% | ₹902 Cr 33.1% | ₹1.3K Cr 381.8% | ₹280 Cr 1.1% | ₹283 Cr 56.7% | ₹654 Cr 73.0% | ₹378 Cr |
| Interest | ₹2.2K Cr 22.7% | ₹2.8K Cr 12.9% | ₹2.5K Cr 21.5% | ₹2.0K Cr 20.0% | ₹1.7K Cr 39.7% | ₹2.8K Cr 19.2% | ₹3.5K Cr 10.5% | ₹3.2K Cr 11.8% | ₹2.8K Cr 11.7% | ₹2.5K Cr |
| Depreciation | ₹6.0K Cr 6.0% | ₹5.7K Cr 7.1% | ₹5.3K Cr 6.3% | ₹5.0K Cr 16.1% | ₹4.3K Cr 4.2% | ₹4.1K Cr 9.2% | ₹3.8K Cr 11.0% | ₹3.4K Cr 10.4% | ₹3.1K Cr 14.3% | ₹2.7K Cr |
| PBT | ₹4.5K Cr 38.6% | ₹3.3K Cr 19.9% | ₹4.1K Cr 40.5% | ₹2.9K Cr 82.2% | ₹16.3K Cr 126.1% | ₹7.2K Cr 118.2% | ₹3.3K Cr 7.0% | ₹3.5K Cr 773.4% | ₹-527 Cr 88.8% | ₹-4.7K Cr |
| Tax % | 25.0% 7.4% | 27.0% 12.5% | 24.0% 4.0% | 25.0% 0.0% | 25.0% 40.5% | 42.0% 16.7% | 36.0% 5.9% | 34.0% 172.3% | -47.0% 11.9% | -42.0% |
| Net Profit | ₹3.4K Cr 42.2% | ₹2.4K Cr 22.7% | ₹3.1K Cr 40.9% | ₹2.2K Cr 82.2% | ₹12.2K Cr 195.2% | ₹4.1K Cr 95.6% | ₹2.1K Cr 9.7% | ₹2.3K Cr 935.9% | ₹-281 Cr 89.8% | ₹-2.8K Cr |
| EPS (₹) | 8.17 42.3% | 5.74 22.6% | 7.42 40.8% | 5.27 82.2% | 29.64 195.2% | 10.04 95.7% | 5.13 9.8% | 5.69 936.8% | -0.68 89.8% | -6.67 |
| Div Payout | 29.0% 3.6% | 28.0% 3.7% | 27.0% 3.6% | 28.0% 6.7% | 30.0% 7.1% | 28.0% | 0.0% 100.0% | 9.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹4.1K Cr 0.0% | ₹4.1K Cr 0.0% | ₹4.1K Cr 0.0% | ₹4.1K Cr 0.0% | ₹4.1K Cr 0.0% | ₹4.1K Cr 0.0% | ₹4.1K Cr 0.0% | ₹4.1K Cr 0.0% | ₹4.1K Cr 0.0% | ₹4.1K Cr |
| Reserves | ₹54.1K Cr 1.1% | ₹54.8K Cr 3.4% | ₹53.0K Cr 4.7% | ₹50.6K Cr 1.1% | ₹50.1K Cr 21.3% | ₹41.3K Cr 10.4% | ₹37.4K Cr 5.2% | ₹35.5K Cr 8.2% | ₹32.8K Cr 0.3% | ₹32.9K Cr |
| Borrowings | ₹33.7K Cr 8.9% | ₹36.9K Cr 1.7% | ₹36.3K Cr 18.0% | ₹30.8K Cr 78.0% | ₹17.3K Cr 54.1% | ₹37.7K Cr 30.4% | ₹54.1K Cr 19.8% | ₹45.2K Cr 0.5% | ₹45.4K Cr 9.7% | ₹41.4K Cr |
| Other Liabilities | ₹42.2K Cr 3.3% | ₹40.9K Cr 14.1% | ₹47.6K Cr 5.2% | ₹45.3K Cr 7.4% | ₹48.9K Cr 39.6% | ₹35.0K Cr 10.9% | ₹31.6K Cr 5.5% | ₹33.4K Cr 0.1% | ₹33.3K Cr 13.4% | ₹29.4K Cr |
| Total Liabilities | ₹1.3L Cr 1.9% | ₹1.4L Cr 3.1% | ₹1.4L Cr 7.8% | ₹1.3L Cr 8.6% | ₹1.2L Cr 1.9% | ₹1.2L Cr 7.2% | ₹1.3L Cr 7.6% | ₹1.2L Cr 2.2% | ₹1.2L Cr 7.3% | ₹1.1L Cr |
Assets | ||||||||||
| Fixed Assets | ₹72.4K Cr 1.2% | ₹73.3K Cr 1.2% | ₹72.4K Cr 1.5% | ₹73.5K Cr 0.2% | ₹73.7K Cr 9.0% | ₹67.6K Cr 2.1% | ₹69.0K Cr 12.5% | ₹61.4K Cr 4.7% | ₹58.6K Cr 16.6% | ₹50.3K Cr |
| CWIP | ₹8.8K Cr 22.7% | ₹7.2K Cr 17.3% | ₹6.1K Cr 25.6% | ₹4.9K Cr 3.8% | ₹4.7K Cr 47.0% | ₹8.9K Cr 1.5% | ₹8.8K Cr 45.3% | ₹16.0K Cr 12.9% | ₹18.4K Cr 21.0% | ₹23.3K Cr |
| Investments | ₹4.1K Cr 17.6% | ₹5.0K Cr 8.4% | ₹4.6K Cr 9.7% | ₹4.2K Cr 11.4% | ₹3.8K Cr 9.2% | ₹3.4K Cr 6.2% | ₹3.2K Cr 8.9% | ₹3.0K Cr 13.2% | ₹2.6K Cr 6.2% | ₹2.5K Cr |
| Other Assets | ₹48.8K Cr 4.8% | ₹51.2K Cr 11.5% | ₹57.9K Cr 20.1% | ₹48.2K Cr 26.0% | ₹38.2K Cr 0.2% | ₹38.1K Cr 17.4% | ₹46.2K Cr 22.0% | ₹37.8K Cr 5.0% | ₹36.0K Cr 13.4% | ₹31.8K Cr |
| Total Assets | ₹1.3L Cr 1.9% | ₹1.4L Cr 3.1% | ₹1.4L Cr 7.8% | ₹1.3L Cr 8.6% | ₹1.2L Cr 1.9% | ₹1.2L Cr 7.2% | ₹1.3L Cr 7.6% | ₹1.2L Cr 2.2% | ₹1.2L Cr 7.3% | ₹1.1L Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹9.9K Cr 240.6% | ₹2.9K Cr 155.0% | ₹-5.3K Cr 117.1% | ₹31.0K Cr 32.3% | ₹23.4K Cr 3891.3% | ₹-618 Cr 108.6% | ₹7.2K Cr 17.1% | ₹6.2K Cr 185.4% | ₹2.2K Cr 46.6% | ₹4.0K Cr |
| Investing CF | ₹-5.3K Cr 23.6% | ₹-4.3K Cr 26.4% | ₹-3.4K Cr 15.2% | ₹-4.0K Cr 20.7% | ₹-3.3K Cr 22.7% | ₹-4.3K Cr 15.3% | ₹-3.7K Cr 43.0% | ₹-6.5K Cr 18.5% | ₹-5.5K Cr 13.8% | ₹-4.8K Cr |
| Financing CF | ₹-4.4K Cr 424.8% | ₹1.4K Cr 84.1% | ₹8.6K Cr 131.3% | ₹-27.4K Cr 38.3% | ₹-19.8K Cr 495.9% | ₹5.0K Cr 241.0% | ₹-3.5K Cr 1419.3% | ₹269 Cr 91.9% | ₹3.3K Cr 344.4% | ₹743 Cr |
| Net Cash Flow | ₹222 Cr 1750.0% | ₹12 Cr 116.2% | ₹-74 Cr 80.9% | ₹-387 Cr 218.0% | ₹328 Cr 162.4% | ₹125 Cr 546.4% | ₹-28 Cr 40.4% | ₹-47 Cr 840.0% | ₹-5 Cr 75.0% | ₹-20 Cr |
| Free Cash Flow | ₹4.5K Cr 449.8% | ₹-1.3K Cr 85.3% | ₹-8.8K Cr 132.0% | ₹27.6K Cr 37.7% | ₹20.0K Cr 500.5% | ₹-5.0K Cr 249.9% | ₹3.3K Cr 856.2% | ₹-441 Cr 86.5% | ₹-3.3K Cr 33.3% | ₹-2.5K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 27d 6.9% | 29d 52.6% | 19d 11.8% | 17d 60.5% | 43d 17.3% | 52d 108.0% | 25d 0.0% | 25d 4.2% | 24d 20.0% | 30d |
| Inventory Days | 211d 5.0% | 222d 23.3% | 180d 5.9% | 170d 17.9% | 207d 44.1% | 370d 52.3% | 243d 22.1% | 199d 27.4% | 274d 11.0% | 308d |
| Days Payable | 75d 27.2% | 103d 12.0% | 92d 35.7% | 143d 33.6% | 107d 10.3% | 97d 9.0% | 89d 2.3% | 87d 3.3% | 90d 9.8% | 82d |
| Cash Conv. Cycle | 163d 10.1% | 148d 38.3% | 107d 143.2% | 44d 69.4% | 144d 55.7% | 325d 81.6% | 179d 30.7% | 137d 34.4% | 209d 18.0% | 255d |
| Working Capital Days | -17d 15.0% | -20d 51.2% | -41d 5.1% | -39d 50.0% | -78d 225.0% | -24d 52.9% | -51d 41.4% | -87d 49.4% | -172d 25.5% | -137d |
| ROCE | 7.0% 12.5% | 8.0% 33.3% | 6.0% 75.0% | 24.0% 118.2% | 11.0% 37.5% | 8.0% 11.1% | 9.0% 200.0% | 3.0% 250.0% | -2.0% 66.7% | -6.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Steel Authority of India Limited
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)
Metals & MiningFerrous Metals