Steel Authority of India Ltd.

NSE: SAIL · Metals & Mining

₹171.60-0.41%06 Nov 2026

Check figures: unusual quarterly results in SEP '26 (₹1,750.47 cr vs a typical ₹92.23 cr). This may be a filing error (e.g. lakh filed as crore) or a genuine one-off; figures are shown as filed. Trailing-twelve-month figures include it.

Ask the data

Instant answers about Steel Authority of India Ltd. — computed from its filings, no language model

Market cap₹70,880 cr

Current price₹171.60

High / Low₹206 / ₹126

P/E12.6

P/B1.13

Book value₹151.4

ROE9.0%

ROCE11.1%

Debt / equity0.33

Dividend yield0.93%

EPS (TTM)₹13.57

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 7 periods

	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	61,664	69,114	1,03,477	1,04,448	1,05,378	1,02,479	1,10,811
EBITDA	10,216	12,739	21,342	8,039	11,149	10,646	12,000
Operating margin	16.6%	18.4%	20.6%	7.7%	10.6%	10.4%	10.8%
Interest	3,487	2,817	1,698	2,037	2,474	2,793	2,158
Depreciation	3,756	4,103	4,275	4,964	5,278	5,651	5,988
Profit before tax	3,107	6,738	15,874	2,247	3,623	2,765	4,080
Tax	1,181	3,058	4,048	716	995	880	1,133
Net profit	0	0	0	0	0	2,372	3,373
EPS ₹	5.13	10.04	29.64	5.27	7.42	5.74	8.17
Operating cash flow	—	—	30,987	-5,290	2,911	10,023	19,039
Capex	—	—	3,665	3,931	4,711	6,221	8,758
Dividend paid	—	—	3,067	1,342	620	413	661
Total assets	1,26,928	1,17,819	1,20,109	1,30,481	1,40,709	1,36,371	1,35,896
Equity	41,510	45,406	54,212	54,747	57,101	58,906	60,356

Quarterly performance

last 28 quarters · ₹ crore

showing latest 8 of 28 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	14,821	14,129	16,542	16,172	9,068	16,925	19,836	23,285	20,643	30,759	24,029	26,246	25,042	29,131	24,359	29,712	23,349	27,959	23,998	24,675	24,490	29,316	25,922	26,704	27,371	30,813	26,246	31,998
Operating profit	1,589	1,167	1,006	6,454	-398	1,902	5,080	6,154	6,568	4,338	2,302	735	2,079	2,924	1,649	3,875	2,142	3,483	2,220	2,913	2,030	3,484	2,769	2,528	2,294	4,409	4,153	4,216
Operating margin	10.7%	8.3%	6.1%	39.9%	-4.4%	11.2%	25.6%	26.4%	31.8%	14.1%	9.6%	2.8%	8.3%	10.0%	6.8%	13.0%	9.2%	12.5%	9.3%	11.8%	8.3%	11.9%	10.7%	9.5%	8.4%	14.3%	15.8%	13.2%
Other income	177	153	172	403	279	172	162	248	112	416	171	396	98	286	464	146	144	313	177	167	234	298	162	206	175	352	206	232
Interest	788	940	849	909	886	720	670	540	503	440	374	506	640	517	613	605	614	642	691	758	680	664	595	484	547	532	493	523
Depreciation	873	901	926	1,055	973	990	981	1,158	1,026	1,144	1,194	1,183	1,221	1,365	1,275	1,327	1,321	1,356	1,402	1,304	1,421	1,524	1,441	1,453	1,516	1,577	1,560	1,609
Profit before tax	105	-521	-598	4,121	-1,979	586	3,593	4,537	5,151	3,180	904	-559	613	1,288	225	1,675	428	1,296	-9	1,018	191	1,564	895	458	406	2,321	2,161	2,244
Tax	48	-167	-155	1,455	-704	224	2,346	1,191	1,315	800	243	-113	184	403	76	464	140	316	16	276	181	406	223	137	106	666	543	574
Net profit	103	0	0	0	0	0	0	0	0	0	804	0	0	0	212	1,306	423	0	82	882	142	1,251	745	419	374	1,835	1,644	1,750
EPS ₹	0.25	-0.69	-0.83	6.41	-2.97	1.06	3.55	8.40	9.44	6.00	1.95	-0.80	1.31	2.81	0.51	3.16	1.02	2.73	0.20	2.17	0.34	3.03	1.80	1.01	0.91	4.44	3.98	4.24
Revenue YoY	—	—	—	—	-38.8%	19.8%	19.9%	44.0%	127.7%	32.1%	16.4%	—	—	-5.3%	1.4%	13.2%	-6.8%	-4.0%	-1.5%	-17.0%	4.9%	4.9%	8.0%	8.2%	11.8%	5.1%	1.2%	19.8%
Profit YoY	—	—	—	—	-100.0%	—	—	—	—	—	—	—	—	—	-73.6%	—	—	—	-61.5%	-32.5%	-66.4%	—	810.5%	-52.5%	163.6%	46.7%	120.8%	318.1%

Earlier results (standalone, Sep '07 – Mar '19)

₹ crore · from BSE, before the NSE XBRL filings begin

Steel Authority of India Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	44,246	41,300	43,419	46,326	44,598	46,771	45,712	39,070	48,670	58,962	66,967
Operating profit	9,023	9,939	7,674	6,091	4,687	4,187	4,604	-3,635	38	4,618	9,734
Operating margin	20.4%	24.1%	17.7%	13.1%	10.5%	9.0%	10.1%	-9.3%	0.1%	7.8%	14.5%
Other income	1,902	1,926	1,440	1,553	934	763	982	583	536	484	533
Interest	253	401	472	677	748	968	1,454	2,047	2,528	2,823	3,155
Depreciation	1,285	1,337	1,484	1,566	1,403	1,717	1,773	2,100	2,680	3,065	3,385
Profit before tax	9,403	10,128	7,157	5,149	3,241	3,225	2,359	-7,198	-4,851	-759	3,338
Tax	3,229	3,378	2,276	1,608	1,070	608	266	-3,061	-2,018	-277	1,159
Net profit	6,175	6,750	4,881	3,542	2,170	2,616	2,093	-4,137	-2,833	-482	2,179

Quarters

showing latest 8 of 47 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†
Revenue	9,163	9,533	13,478	11,029	12,239	8,921	12,058	9,153	10,039	9,879	12,230	9,133	10,806	11,313	12,166	10,926	10,980	10,729	13,692	10,778	10,820	10,670	12,330	10,268	11,536	11,459	13,509	11,341	11,679	11,107	11,585	9,503	9,257	8,939	11,372	9,238	12,578	12,620	14,234	12,983	13,617	15,324	17,038	15,907	16,718	15,836	18,506
Operating profit	2,629	2,983	3,344	2,774	3,012	1,129	2,110	1,876	2,388	2,578	3,097	1,843	1,695	1,796	2,340	1,311	1,327	1,581	1,871	1,515	1,109	1,138	924	967	867	1,132	1,221	1,130	1,336	1,208	930	-82	-1,048	-1,381	-1,124	234	111	-43	-264	-84	914	1,440	2,347	2,576	2,365	2,578	2,214
Operating margin	28.7%	31.3%	24.8%	25.1%	24.6%	12.7%	17.5%	20.5%	23.8%	26.1%	25.3%	20.2%	15.7%	15.9%	19.2%	12.0%	12.1%	14.7%	13.7%	14.1%	10.3%	10.7%	7.5%	9.4%	7.5%	9.9%	9.0%	10.0%	11.4%	10.9%	8.0%	-0.9%	-11.3%	-15.5%	-9.9%	2.5%	0.9%	-0.3%	-1.9%	-0.6%	6.7%	9.4%	13.8%	16.2%	14.1%	16.3%	12.0%
Other income	304	314	377	393	422	555	532	540	536	407	443	386	375	271	407	463	490	384	216	278	225	221	209	226	153	209	175	196	162	345	279	174	131	105	174	89	68	69	309	89	49	119	227	98	114	75	246
Interest	59	60	52	57	48	108	41	83	74	110	135	130	109	59	175	171	200	185	121	125	186	222	215	192	216	247	313	305	356	367	427	443	467	524	612	594	603	611	720	588	643	675	917	755	771	825	803
Depreciation	301	316	317	317	319	319	330	327	332	339	338	351	369	379	386	374	394	409	389	402	403	405	194	393	399	409	516	408	392	467	507	426	436	459	779	600	666	670	744	695	762	760	848	814	826	855	890
Profit before tax	2,573	2,922	3,665	2,793	3,067	1,257	2,287	2,006	2,519	2,536	3,067	1,749	1,592	1,628	2,188	1,229	715	904	2,301	1,010	788	702	741	521	1,392	705	606	613	751	720	275	-777	-1,821	-2,260	-2,341	-925	-1,253	-1,254	-1,419	-1,287	-740	82	1,186	828	848	950	712
Tax	873	987	1,288	958	1,057	413	800	680	855	861	982	572	502	521	681	391	220	272	724	314	245	217	295	70	212	173	153	83	101	141	-59	-455	-765	-732	-1,110	-390	-521	-459	-648	-486	-201	39	371	287	294	333	244
Net profit	1,700	1,935	2,377	1,835	2,010	843	1,487	1,326	1,663	1,676	2,085	1,177	1,090	1,107	1,507	838	495	632	1,577	696	543	484	447	451	1,180	533	453	530	649	579	334	-322	-1,056	-1,529	-1,231	-536	-732	-795	-771	-801	-539	43	816	540	554	616	468
EPS ₹	4.12	4.68	5.75	4.44	4.87	2.04	3.60	3.21	4.03	4.06	5.05	2.85	2.64	2.68	3.65	2.03	1.20	1.53	3.82	1.69	1.31	1.17	1.08	1.09	2.86	1.29	1.10	1.28	1.57	1.40	0.81	-0.78	-2.56	-3.70	-2.98	-1.30	-1.77	-1.92	-1.87	-1.94	-1.31	0.10	1.97	1.31	1.34	1.49	1.13
Revenue YoY	—	—	—	—	33.6%	-6.4%	-10.5%	-17.0%	-18.0%	10.7%	1.4%	-0.2%	7.6%	14.5%	-0.5%	19.6%	1.6%	-5.2%	12.5%	-1.4%	-1.5%	-0.5%	-9.9%	-4.7%	6.6%	7.4%	9.6%	10.5%	1.2%	-3.1%	-14.2%	-16.2%	-20.7%	-19.5%	-1.8%	-2.8%	35.9%	41.2%	25.2%	40.5%	8.3%	21.4%	19.7%	22.5%	22.8%	3.3%	8.6%
Profit YoY	—	—	—	—	18.2%	-56.4%	-37.4%	-27.7%	-17.2%	98.7%	40.2%	-11.3%	-34.5%	-33.9%	-27.7%	-28.8%	-54.6%	-42.9%	4.6%	-16.9%	9.8%	-23.4%	-71.7%	-35.3%	117.3%	10.0%	1.4%	17.5%	-45.0%	8.7%	-26.2%	-160.7%	-262.6%	-364.0%	-468.3%	—	—	—	—	—	—	—	—	—	—	1327.9%	-42.6%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 22 periods

	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	0.2%	0.0%	0.0%	0.0%	0.0%	0.0%	1.5%	1.5%	0.4%	2.7%	3.5%	3.4%	3.2%	2.4%	1.9%	4.0%	5.1%	4.4%	4.8%	5.6%	7.1%	9.0%
ROCE	7.1%	5.0%	5.9%	10.3%	11.8%	20.1%	7.5%	5.3%	4.8%	7.6%	7.3%	6.5%	6.4%	5.5%	5.3%	5.8%	6.6%	6.0%	6.1%	6.8%	8.0%	11.1%
Net margin	0.2%	0.0%	0.0%	0.0%	0.0%	0.0%	0.8%	0.8%	0.2%	1.4%	1.8%	1.8%	1.7%	1.4%	1.1%	2.3%	2.9%	2.4%	2.6%	3.0%	3.8%	4.8%
EBITDA margin	16.6%	14.7%	15.3%	21.0%	18.4%	24.4%	8.9%	7.7%	7.0%	9.7%	9.9%	10.6%	11.2%	10.8%	10.5%	10.4%	10.7%	10.2%	10.1%	10.8%	12.0%	12.9%
Debt / equity	1.23	1.23	1.23	1.23	0.78	0.78	0.51	0.47	0.47	0.46	0.46	0.64	0.64	0.72	0.72	0.63	0.63	0.58	0.58	0.53	0.53	0.33
Interest coverage	1.89	1.29	1.63	2.98	3.39	6.70	3.11	2.10	1.69	2.60	2.54	2.46	2.33	2.01	1.90	1.99	2.36	2.28	2.45	2.89	3.60	4.40
Asset turnover	0.49	0.44	0.46	0.49	0.59	0.68	0.81	0.80	0.80	0.84	0.82	0.75	0.75	0.72	0.72	0.75	0.77	0.79	0.81	0.82	0.82	0.82

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 18 periods

	MAR '14‡	MAR '15‡	MAR '16‡	MAR '17‡	MAR '18‡	MAR '19‡	MAR '20‡	MAR '21‡	MAR '22‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	4,131	4,131	4,131	4,131	4,131	4,131	4,131	4,131	4,131	4,131	4,131	4,131	4,131	4,131	4,131	4,131	4,131	4,131
Other equity / reserves	39,151	39,610	36,021	32,912	32,816	35,516	37,380	41,276	50,081	49,905	50,616	51,889	52,971	53,458	54,775	54,147	56,225	58,389
Total equity	43,281	43,740	40,151	37,042	36,947	39,646	41,510	45,406	54,212	54,035	54,747	56,020	57,101	57,588	58,906	58,278	60,356	62,520
Borrowings	24,855	30,328	33,071	38,901	42,021	41,434	51,201	35,608	13,386	27,471	25,662	25,490	36,323	41,265	36,934	33,663	31,928	20,583
Current liabilities	28,768	35,281	38,689	46,365	43,419	41,617	44,965	45,070	39,343	52,110	49,334	44,929	53,464	52,581	46,190	46,427	43,620	48,742
Non-current liabilities	21,816	23,898	22,462	24,208	35,076	36,689	40,453	27,342	26,555	24,187	26,400	28,659	30,143	29,573	31,275	29,459	31,920	30,280
Total assets	93,869	1,02,634	1,01,302	1,07,615	1,15,441	1,17,952	1,26,928	1,17,819	1,20,109	1,30,332	1,30,481	1,29,608	1,40,709	1,39,742	1,36,371	1,34,163	1,35,896	1,41,542
Property, plant & equipment	26,653	36,544	44,396	48,777	57,170	59,922	65,384	64,133	68,383	67,292	67,111	65,843	65,415	64,830	65,061	64,172	64,710	63,584
Capital work-in-progress	33,958	29,328	24,927	23,275	18,395	16,014	8,753	8,881	4,017	4,155	4,891	5,539	6,141	6,443	7,206	8,842	10,552	12,620
Investments	91	18	2,279	2,475	2,629	2,975	3,240	3,442	3,757	3,991	4,185	4,418	4,589	4,776	4,976	4,102	4,339	4,379
Inventories	15,355	18,036	14,708	15,736	17,024	19,510	23,836	4,236	4,559	28,118	27,765	24,899	32,721	33,631	29,151	27,875	23,553	25,572
Receivables	5,491	3,250	3,151	2,935	3,871	4,497	8,846	8,169	4,771	5,993	5,390	6,710	8,355	7,017	7,610	5,186	6,507	5,278
Cash & equivalents	3,142	2,636	145	141	94	66	191	518	132	61	57	99	69	68	292	246	29	105

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 13 periods

	FY14‡	FY15‡	FY16‡	FY17‡	FY18‡	FY19‡	FY20‡	FY21‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	6,313	2,579	4,043	2,160	6,164	7,215	-618	23,430	30,987	-5,290	2,911	10,023	19,039
Cash from investing	-7,488	-6,292	-4,805	-5,467	-6,480	-3,694	-4,261	-3,295	-3,976	-3,371	-4,261	-5,377	-7,899
Cash from financing	1,017	3,775	743	3,302	269	-3,549	5,003	-19,808	-27,398	8,587	1,362	-4,424	-11,403
Capex	8,956	7,704	6,652	5,454	6,758	3,981	4,754	3,555	3,665	3,931	4,711	6,221	8,758
Free cash flow	-2,644	-5,125	-2,609	-3,294	-594	3,234	-5,372	19,875	27,321	-9,221	-1,800	3,802	10,281
Dividends paid	1,000	723	124	0	—	0	250	413	3,067	1,342	620	413	661

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹63,584 cr45%

CWIP

₹12,620 cr9%

Investments

₹4,379 cr3%

Inventories

₹25,572 cr18%

Receivables

₹5,278 cr4%

Cash & equivalents

₹105 cr0%

Other assets

₹30,003 cr21%

Peer comparison

largest in Metals & Mining · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Adani Enterprises Ltd.	3,71,671	2,745.80	64.8	3.79	5.9%
JSW Steel Ltd.	3,31,132	1,357.10	11.6	2.92	25.1%
Hindustan Zinc Ltd.	2,40,022	568.10	—	8.01	0.0%
Tata Steel Ltd.	2,32,398	186.30	21.1	2.27	10.8%
Hindalco Industries Ltd.	2,12,765	958.40	11.1	1.33	12.0%
Vedanta Aluminium Metal Ltd.	1,47,058	376.05	—	6.38	—
Jindal Steel Ltd.	1,18,597	1,165.00	41.5	2.26	5.5%
Vedanta Ltd.	1,02,344	261.75	4.8	8.02	168.7%
Lloyds Metals And Energy Ltd.	1,00,524	1,785.50	19.2	6.20	32.3%
Steel Authority of India Ltd.	70,880	171.60	12.6	1.13	9.0%

StoxGud checklist: Neutral setup · 6/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-1.6%

6 months-8.4%

1 year+22.1%

3Y CAGR+25.5%

5Y CAGR+6.6%

10Y CAGR+12.9%

50-day avg₹177.66

200-day avg₹171.75

RSI (14)51

Long-term financials (FY12–FY15)

from published annual reports

Year	Revenue	Profit before tax	Net profit
FY15	₹51,473 Cr	₹2,464 Cr	₹2,158 Cr
FY14	₹52,912 Cr	₹2,400 Cr	₹2,652 Cr
FY13	₹50,540 Cr	₹3,690 Cr	₹2,329 Cr
FY12	₹51,428 Cr	₹5,545 Cr	₹3,593 Cr

Years before FY17 follow the older Indian GAAP standard, so they are not exactly comparable with recent years.

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FAQs

What is the share price of Steel Authority of India Ltd.?

Steel Authority of India Ltd. (SAIL) closed at ₹171.60 on NSE on 06 Nov 2026.

What is the market cap of Steel Authority of India Ltd.?

₹70,880 crore at the latest close.

What is the P/E ratio of Steel Authority of India Ltd.?

12.6, on trailing-twelve-month earnings from its filings.

How fast is Steel Authority of India Ltd. growing?

Steel Authority of India Ltd.: revenue has compounded at 2.0% a year over three years. Latest-quarter revenue is up 19.8% year on year, profit up 318.1%.

How profitable is Steel Authority of India Ltd.?

On a trailing-twelve-month basis return on equity is 9.0%, return on capital employed 11.1%, operating margin 12.9%, net margin 4.8%.

How much debt does Steel Authority of India Ltd. have?

Steel Authority of India Ltd. is lightly geared: debt to equity is 0.33 with borrowings of ₹20,583 cr against cash of ₹105 cr (balance sheet of 2026-09-30). Operating profit covers interest 4.4 times.

Financials parsed from Steel Authority of India Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '19, annual from FY20, balance sheet from Mar '14. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.