Steel Authority of India Limited (SAIL) AI Stock Analysis

• Market Cap: ₹570.43B
• Dividend Yield: 1.16%
• Average Volume (3M): 1.55M
• Price to Earnings (P/E): 22.3
• Beta (1Y): 1.71
• Revenue Growth: 6.45%
• EPS Growth: 1.13%
• Country: IN
• Employees: 55,989
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): 1.60
• Shares Outstanding: 4,130,525,400
• 10 Day Avg. Volume: 2,713,368
• 30 Day Avg. Volume: 1,550,817
• PEG Ratio: -0.90
• Price to Book (P/B): 0.82
• Price to Sales (P/S): 0.47
• P/FCF Ratio: 32.67
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹129.67
• Price Target Upside: -6.14% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: ₹161.00 ▲(16.54% Upside)

The overall stock score of 73 reflects a stable financial performance with strong cash flow management and a sound balance sheet. Technical analysis indicates strong bullish momentum, although caution is advised due to overbought signals. The valuation suggests the stock may be overvalued, which could limit upside potential.

Steel Authority of India Limited Business Overview & Revenue Model

Company Description

Steel Authority of India Limited (SAIL) is one of the largest state-owned steel-making companies in India, headquartered in New Delhi. Established in 1973, SAIL operates several integrated steel plants across the country, producing a wide range of steel products, including flat and long products, special steel, and alloy steel. The company plays a crucial role in India's infrastructure development, catering to various sectors such as construction, automotive, and manufacturing, while also contributing significantly to the nation's industrial growth.

How the Company Makes Money

SAIL generates revenue primarily through the production and sale of steel and steel-related products. Its key revenue streams include the sale of finished steel products such as hot and cold-rolled sheets, bars, and rods, as well as long products like rails and structural steel. The company also earns income from by-products generated during the steel manufacturing process, including slag, coal gas, and other materials. Additionally, SAIL has established partnerships with various industries and government projects, providing steel for infrastructure development, which further enhances its revenue. Factors contributing to its earnings include global steel demand, domestic market conditions, cost management strategies, and government policies that support the steel sector.

Steel Authority of India Limited Financial Statement Overview

Summary

Steel Authority of India Limited presents a stable financial position with moderate profitability and efficient cash flow management. Despite challenges in revenue and profitability, the company maintains a sound balance sheet with manageable leverage and strong cash flow generation capability.

Income Statement

The company's income statement shows moderate performance with a notable gross profit margin and consistent revenue. The gross profit margin was approximately 33.3% for the latest period, indicating efficiency in production despite the decline in total revenue from the previous year. The net profit margin stands at 2.3%, which suggests limited profitability after expenses. The EBIT margin is around 4.9%, showcasing moderate operating efficiency, while the EBITDA margin is 10.9%, illustrating decent cash flow generation from operations. Revenue growth has been fluctuating with a slight decline recently, which could be a concern if it continues.

Balance Sheet

The balance sheet reflects a balanced capital structure, with a debt-to-equity ratio of 0.63, indicating a moderate level of leverage. The return on equity (ROE) is 4.0%, which suggests limited efficiency in generating profits from shareholders' equity. The equity ratio stands at 43.2%, demonstrating a solid proportion of equity financing. While the company maintains a stable asset base, any increase in debt levels should be monitored to prevent potential risks associated with higher financial leverage.

Cash Flow

The cash flow statement reveals positive trends in operating cash flow, which exceeds net income significantly, leading to a robust operating cash flow to net income ratio of 3.25. The free cash flow has shown improvement, but the free cash flow growth rate is difficult to ascertain due to past fluctuations. The company's ability to generate cash flow from operations is strong, but managing capital expenditures effectively will be crucial for sustained free cash flow generation.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.04T	1.02T	1.05T	1.04T	1.03T	691.14B
Gross Profit	483.03B	341.56B	180.63B	454.03B	589.90B	399.93B
EBITDA	120.21B	112.09B	117.54B	92.48B	217.56B	140.98B
Net Income	30.35B	23.72B	30.67B	21.77B	122.43B	41.48B
Balance Sheet
Total Assets	0.00	1.36T	1.41T	1.30T	1.20T	1.18T
Cash, Cash Equivalents and Short-Term Investments	9.67B	3.47B	6.73B	1.59B	1.98B	5.84B
Total Debt	0.00	369.34B	363.23B	307.73B	172.84B	376.77B
Total Liabilities	-589.06B	774.65B	836.07B	757.34B	658.97B	724.12B
Stockholders Equity	589.06B	589.06B	571.01B	547.47B	542.12B	454.06B
Cash Flow
Free Cash Flow	0.00	14.78B	-18.00B	-92.12B	273.21B	198.75B
Operating Cash Flow	0.00	99.14B	29.11B	-52.90B	309.87B	234.30B
Investing Cash Flow	0.00	-52.69B	-42.61B	-33.71B	-39.76B	-32.95B
Financing Cash Flow	0.00	-44.24B	13.62B	85.87B	-273.98B	-198.08B

Steel Authority of India Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 138.15
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SAIL, the sentiment is Neutral. The current price of 138.15 is below the 20-day moving average (MA) of 138.36, above the 50-day MA of 134.97, and above the 200-day MA of 122.79, indicating a neutral trend. The MACD of 2.11 indicates Positive momentum. The RSI at 51.17 is Neutral, neither overbought nor oversold. The STOCH value of 31.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:SAIL.

Steel Authority of India Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NMDC	75 Outperform	₹653.14B	9.30	―	4.39%	20.05%	15.58%
SAIL	73 Outperform	₹570.43B	22.32	―	1.16%	6.45%	1.13%
WELCORP	68 Neutral	₹243.82B	11.23	―	0.56%	-1.19%	96.91%
JSL	67 Neutral	₹608.92B	23.66	―	0.39%	9.04%	12.80%
SHYAMMETL	66 Neutral	₹247.55B	26.69	―	0.75%	18.36%	13.94%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
JINDALSTEL	57 Neutral	₹1.10T	39.92	―	0.19%	-2.21%	-46.30%

Steel Authority of India Limited Corporate Events

Steel Authority of India Limited Reports Robust H1 FY’26 Financial Performance

Steel Authority of India Limited reported its financial results for the first half of FY’26, highlighting a turnover of Rs. 52,254 crore and a net profit of Rs. 1,112 crore. The company achieved a total sales volume of 9.462 million tonnes, with domestic sales constituting the majority. SAIL’s financial health is supported by a debt-equity ratio of 0.60 and an EBITDA margin of 11.01%, reflecting stable operational performance. The results indicate a strong market position with substantial production outputs in hot metal, crude steel, and saleable steel, alongside significant mining activities in iron ore.

SAIL Schedules Analyst and Investor Meet to Discuss Quarterly Results

Steel Authority of India Limited has announced a scheduled Analyst and Institutional Investor Meet on October 30, 2025, to discuss the financial results for the quarter ended September 30, 2025. This meeting, conducted via conference call, is part of SAIL’s efforts to maintain transparency and engage with stakeholders, potentially impacting investor confidence and market perception.

SAIL’s Credit Ratings Reaffirmed by CareEdge

Steel Authority of India Limited (SAIL) announced that CareEdge has reaffirmed its credit ratings under the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The ratings include a stable outlook for long-term bank facilities and bonds, and an A1+ rating for short-term bank facilities and commercial paper. This reaffirmation reflects SAIL’s strong financial position and stability, which is crucial for maintaining investor confidence and supporting its operations in the competitive steel industry.

SAIL Announces Trading Window Closure Ahead of Financial Results

Steel Authority of India Limited (SAIL) has announced the closure of its trading window in compliance with SEBI’s regulations on insider trading. This closure will be in effect from October 2025 until 48 hours after the announcement of the company’s financial results for the quarter and half-year ending September 30, 2025. This measure is part of SAIL’s internal code of conduct to prevent insider trading, ensuring that designated persons, including their immediate relatives, refrain from trading the company’s securities during this period. The announcement underscores SAIL’s commitment to regulatory compliance and maintaining market integrity.