Steel Authority of India Limited
Steel Authority of India Limited operates in Iron & Steel, part of the Metals & Mining sector. It booked ₹31,998 cr of revenue in its latest quarter (Q2 FY27) and kept 5.5% of sales as profit. It is the 4th largest of 9 Iron & Steel companies we track, by market value.
| Segment | FY20 | FY21 | FY23 | FY24 | FY25 | FY26 | Share |
|---|---|---|---|---|---|---|---|
| Bhilai Steel Plant | 0.19 | 0.20 | 0.31 | 0.33 | 0.33 | 0.32 | 29% → 27% |
| Bokaro Steel Plant | 0.13 | 0.16 | 0.26 | 0.26 | 0.23 | 0.27 | 20% → 23% |
| Rourkela Steel Plant | 0.13 | 0.15 | 0.26 | 0.26 | 0.24 | 0.26 | 19% → 22% |
| IISCO Steel Plant | 0.08 | 0.08 | 0.14 | 0.13 | 0.13 | 0.13 | 12% → 11% |
| Durgapur Steel Plant | 0.08 | 0.09 | 0.13 | 0.12 | 0.12 | 0.12 | 11% → 10% |
| Others | 0.05 | 0.06 | 0.01 | 0.01 | 0.03 | 0.07 | 7% → 6% |
| Salem Steel Plant | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 2% → 2% |
| Alloy Steel Plant | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0% → 1% |
| Visvesaraya Iron & Steel Plant | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0% |
| Total | 0.67 | 0.77 | 1.13 | 1.16 | 1.12 | 1.20 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
Healthier than 54% of companies in Metals & Mining, on all six measures of filed financials. Each measure is ranked against the 13–27 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 46
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in SAIL?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹31,998 cr |
| Other Income | ₹232 cr |
| Total Income | ₹32,230 cr |
| Cost of Materials | ₹13,914 cr |
| Purchases of Stock-in-Trade | ₹418 cr |
| Inventory Change (±) | ₹2,470 cr |
| Employee Benefit Expense | ₹2,864 cr |
| Finance Costs | ₹523 cr |
| Depreciation & Amortisation | ₹1,609 cr |
| Other Expenses | ₹8,115 cr |
| Total Expenses | ₹29,914 cr |
| Exceptional Items | ₹-73 cr |
| Profit before Tax | ₹2,244 cr |
| Tax Expense | ₹574 cr |
| Share of JV / Associates | ₹81 cr |
| Net Profit | ₹1,750 cr |
| Net margin on total income | 5.4% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 30,813 cr | 26,246 cr | 31,998 cr |
| Total income | 31,165 cr | 26,451 cr | 32,230 cr |
| Expenses | 28,514 cr | 24,146 cr | 29,914 cr |
| Profit before tax | 2,321 cr | 2,161 cr | 2,244 cr |
| Tax | 666 cr | 543 cr | 574 cr |
| Net profit (owners' share) | 1,835 cr | 1,644 cr | 1,750 cr |
| Net margin (owners' share, on revenue) | 6.0% | 6.3% | 5.5% |
| EPS (₹) | 4.44 | 3.98 | 4.24 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| JSW Steel Limited | ₹1,320 | ₹3.22 L cr | 15.3 | 18.6% | 9.7% | — |
| Tata Steel Limited | ₹177 | ₹2.20 L cr | 23.7 | 9.1% | 3.8% | — |
| JINDAL STEEL LIMITED | ₹1,105 | ₹1.12 L cr | 36.3 | 5.9% | 4.6% | — |
| Steel Authority of India Limitedthis company | ₹168 | ₹69,186 cr | 9.9 | 11.2% | 5.5% | — |
| Jindal Stainless Limited | ₹679 | ₹55,959 cr | 15.6 | 16.8% | 6.9% | — |
| Sarda Energy & Minerals Limited | ₹429 | ₹15,130 cr | 12.4 | 15.2% | 21.1% | — |
| NMDC Steel Limited | ₹38 | ₹11,230 cr | 50.4 | 1.5% | 1.4% | — |
| Vedanta Iron and Steel Limited | ₹26 | ₹10,166 cr | — | -21.3% | -11.2% | — |
| Sandur Manganese & Iron Ores Limited | ₹164 | ₹7,982 cr | 8.8 | 27.9% | 16.5% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹2.35 / share | 30 Sep 2026 |
| Dividend | ₹1.6 / share | 8 Sep 2025 |
| Dividend | ₹1 / share | 19 Sep 2024 |
| Dividend | ₹1 / share | 20 Feb 2024 |
| Dividend | ₹0.5 / share | 20 Sep 2023 |
| Dividend | ₹1 / share | 24 Mar 2023 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.