Steel Authority of India Ltd Analyst Rating
based on 26 analysts
7.69%
Buy
34.62%
Hold
57.69%
Sell
Based on 26 analysts offering long term price targets for Steel Authority of India Ltd. An average target of ₹113.58
Source: S&P Global Market Intelligence
Steel Authority of India Ltd Share analysis
Steel Authority of India Ltd price forecast by 26 analysts
Downside of
High
₹143
Target
₹113.58
Low
₹55
Steel Authority of India Ltd target price ₹113.58, a slight downside of -3.01% compared to current price of ₹117.11. According to 26 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Steel Authority of India Ltd revenue growth forecast
Expected growth rate Q1, FY2026:2.97%
Forecast
Actual
Including amortisation and stock based compensations
Steel Authority of India Ltd EPS growth forecast
EPS estimate Q1, FY2026:40.16%
Forecast
Actual
Source: S&P Global Market Intelligence
Steel Authority of India Ltd Performance
Day's Low
Day's High
₹115.8₹118.152 Week's Low
52 Week's High
₹89.4₹175.35
| Returns % | |
| 1 Month Return | + 0.93 % |
| 3 Month Return | -12.4 % |
| 1 Year Return | + 26.88 % |
| Market Stats | |
| Previous Close | ₹116.28 |
| Open | ₹116.50 |
| Volume | 1.15Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹48,029.75Cr |
Steel Authority of India Ltd Key Statistics
| P/E Ratio | 19.14 |
| PEG Ratio | -11.46 |
| Market Cap | ₹48,029.75 Cr |
| P/B Ratio | 1.02 |
| EPS | 7.42 |
| Dividend Yield | 0 |
| Sector | Steel |
| ROE | 6.14 |
Steel Authority of India Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| ₹48,029.75 Cr | 39.3% | 0.73 | ₹3,066 Cr | ₹1,05,378 Cr | ||
| BUY | ₹45,735.80 Cr | 91.46% | 0.53 | ₹1,988 Cr | ₹13,149 Cr | |
| BUY | ₹91,501.90 Cr | 93.7% | 0.60 | ₹5,943 Cr | ₹50,354 Cr | |
| ₹2,08,751.89 Cr | 27.27% | 0.70 | ₹7,759 Cr | ₹28,932 Cr | ||
| BUY | ₹40,740.61 Cr | 167.99% | 0.54 | ₹732 Cr | ₹18,118 Cr |
Steel Authority of India Ltd Mutual Fund Holdings
About Steel Authority of India Ltd
SAIL has several integrated steel plants and special steel plants across India, such as those in Bhilai, Bokaro, Rourkela, Durgapur, and Burnpur. The company operates primarily in India but also exports its products to various international markets. SAIL does not have specific sub-brands but operates through its various plants and units. A notable fact about SAIL is that it is one of the leading steel producers in the world, with a significant share of the Indian steel market. Another interesting fact is that SAIL has undertaken joint ventures and collaborations to enhance its technological capabilities and product offerings.
SAIL is a government-owned entity, with the Ministry of Steel, Government of India. The company has not been heavily involved in mergers and acquisitions but focuses on expanding its production capacity and modernizing its facilities to maintain its competitive edge in the steel industry.
Share Price: ₹117.11 per share as on 29 Nov, 2024 04:01 PM
Market Capitalisation: ₹48,029.75Cr as of today
Revenue: ₹24,675.20Cr as on September 2024 (Q3 24)
Net Profit: ₹897.15Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: Amarendu Prakash
| Organisation | Steel Authority of India Ltd |
| Headquarters | New Delhi |
| Industry | Steel |
| E-voting on shares | Click here to vote |
Key events for Steel Authority of India Ltd
SAIL Partners with John Cockerill for Green Steel - 29 Nov, 2024
Steel Authority of India Limited (SAIL) has signed a Memorandum of Understanding with John Cockerill India to collaborate on innovative and sustainable steel production technologies, focusing on reducing carbon emissions and enhancing efficiency in the steel industry.SAIL Partners with John Cockerill for Green Steel - 28 Nov, 2024
Steel Authority of India Ltd (SAIL) has entered a partnership with John Cockerill India to advance sustainable steelmaking technologies, focusing on green steel production and innovative processing methods.SAIL Negotiates Coking Coal Imports from Mongolia - 27 Nov, 2024
JSW Steel and Steel Authority of India Ltd are negotiating with Mongolian authorities to import coking coal, with SAIL targeting 75,000 metric tons to diversify supply sources.SAIL to Import Coking Coal from Mongolia - 26 Nov, 2024
Steel Authority of India Ltd (SAIL) aims to import 75,000 metric tons of coking coal from Mongolia, enhancing supplier diversification efforts.SAIL Partners with Adani for Iron Mine Development - 22 Nov, 2024
Steel Authority of India Ltd (SAIL) has signed a long-term agreement with Adani Enterprises to develop the Taldih Iron Mine, increasing production capacity from 2 MTPA to 7 MTPA. This initiative aims to secure a stable iron ore supply for SAIL's operations and support future expansions, contributing to the growth of India's steel industry.Dasgupta's Leadership Role at SAIL Highlighted - 17 Nov, 2024
Dasgupta, with a career starting in 1991, recently served as Executive Director (Mines) at SAIL's Jharkhand Group, focusing on system improvements and capacity expansion.SAIL's Eco-Friendly Investment Initiative - 15 Nov, 2024
Sagi Kashi Viswanatha Raju, Independent Director at SAIL, highlights a state government initiative aimed at generating wealth from solid waste, cow dung, and sugar molasses, which will enhance agricultural yield.SAIL Faces Safety Incident Amid Stock Concerns - 13 Nov, 2024
Steel Authority of India Ltd (SAIL) faces challenges as three workers fell ill from a gas leak at Bhilai Steel Plant, raising safety concerns. Additionally, the stock shows a breakdown pattern with support at Rs 107 and resistance at Rs 120.Balmer Lawrie Signs Leasing Agreement with GATX India - 12 Nov, 2024
Balmer Lawrie & Co. has signed an agreement with GATX India to lease three rakes of BFNS 22.9t wagons for transporting finished steel products from SAIL's Rourkela Steel Plant over distances exceeding 1000 km.SAIL Faces Challenges Amid Price Adjustments and Weak Performance - 11 Nov, 2024
SAIL is experiencing operational challenges with declining sales volumes and prices. Analysts have adjusted target prices downward, reflecting concerns over performance and market conditions.SAIL Reports Improvement in Steel Prices - 09 Nov, 2024
Steel Authority of India Ltd (SAIL) reported a 2% increase in domestic steel prices for long products, reaching ₹53,000 per tonne in October. However, flat product prices declined by 4% to ₹47,000 per tonne. Blended realizations improved from ₹48,000 in October to ₹48,500-49,000 in November, compared to an average of ₹50,500 in Q2.SAIL Faces Profit Decline Amid Market Challenges - 08 Nov, 2024
Steel Authority of India Ltd (SAIL) reported a significant decline in Q2 FY25 profits, with net profit down 32.7% to Rs 834 crore. The stock dropped 7% following the announcement, attributed to weaker steel prices and increased cheap imports. Despite challenges, SAIL anticipates better performance in H2 FY25.SAIL Reports Significant Q2 Profit Decline - 07 Nov, 2024
Steel Authority of India Ltd (SAIL) announced a 31% decline in consolidated net profit for Q2, totaling Rs 897.15 crore. Total income also fell by 16.8% to Rs 24,842.18 crore, influenced by lower steel prices and muted demand. The company anticipates better performance in the second half of FY25, despite current challenges.SAIL Enhances Leadership Skills Through New Initiatives - 05 Nov, 2024
Steel Authority of India Limited (SAIL) signed an MoU with the Administrative Staff College of India for specialized leadership courses. This initiative is part of SAIL's Learning & Development strategy, which includes new HR policies like Work from Other than Workplace (WoW) and collaboration with LinkedIn Learning Hub for employee upskilling.SAIL Signs MoU for Academic Collaboration - 04 Nov, 2024
Steel Authority of India Limited (SAIL) has signed a Memorandum of Understanding (MoU) with ASCI Hyderabad for academic collaboration, focusing on customized Management Development Programs for newly promoted executives. This initiative is part of SAIL's Learning & Development strategy to enhance leadership skills among its executives.Coal India Joint Ventures Boost Steel Sector Projects - 03 Nov, 2024
Major projects are underway in the steel sector, including joint ventures between Coal India and companies like BHEL, GAIL, and SAIL in Odisha and West Bengal.SAIL Prepares for Q2 Results Amid Profit Decline - 02 Nov, 2024
Steel Authority of India Ltd (SAIL) will announce its Q2 FY25 results on November 7, 2024. The company reported a 60% decline in Q1 net profit to Rs 81.78 crore, with total income down 2.61%. Despite recent challenges, SAIL shares have shown positive returns over various timeframes, including a 41.79% increase over the past year.DAM Capital Maintains BUY Rating on SAIL - 31 Oct, 2024
DAM Capital has identified Steel Authority of India Ltd (SAIL) as a top pick in the steel sector, maintaining a BUY rating with a target price of Rs 130, indicating potential returns of up to 10% from the current market price of Rs 116.09.
Insights on Steel Authority of India Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 2 quarters, 81.78 Cr → 897.15 Cr (in ₹), with an average increase of 90.9% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 24.28K Cr → 24.99K Cr (in ₹), with an average increase of 2.9% per quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 65.00% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, Jindal Steel & Power Ltd has given 163.9% return, outperforming this stock by 146.8%
- NO EFFECT
Against Peers
In the last 1 year, Jindal Steel & Power Ltd has given 35.1% return, outperforming this stock by 8.3%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 16.27% to 16.15% in Sep 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 6.37% to 5.92% in Sep 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 3.00% to 2.82% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 6 months, SAIL stock has moved down by -25.8%
Steel Authority of India Ltd Financials
Index Inclusions
Steel Authority of India Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 65% | 0.00 | |
| Foreign Institutions | 2.82% | ||
| Mutual Funds | 5.92% | ||
| Retail Investors | 16.15% | ||
| Others | 10.12% | 8.18 |
Steel Authority of India Ltd Key Indicators
Steel Authority of India Ltd Valuation
Steel Authority of India Ltd in the last 5 years
Lowest (2.19x)
June 20, 2022
Today (19.14x)
November 29, 2024
Industry (24.15x)
November 29, 2024
Highest (857.50x)
January 15, 2020
Steel Authority of India Ltd Earnings and Dividends
Steel Authority of India Ltd Earnings Results
Steel Authority of India Ltd’s net profit fell -31.28% since last year same period to ₹897.15Cr in the Q2 2024-2025. On a quarterly growth basis, Steel Authority of India Ltd has generated 997.03% jump in its net profits since last 3-months.
Read More about Earnings ResultsSteel Authority of India Ltd Dividends May,2024
In the quarter ending March 2024, Steel Authority of India Ltd has declared dividend of ₹1 - translating a dividend yield of 2.13%.
Read More about Dividends
Steel Authority of India Ltd Technicals Summary
Bearish
Neutral
Bullish
Steel Authority of India Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Steel Authority of India Ltd (SAIL) share price today is ₹117.11
Steel Authority of India Ltd is listed on NSE
Steel Authority of India Ltd is listed on BSE
- Today’s highest price of Steel Authority of India Ltd is ₹118.1.
- Today’s lowest price of Steel Authority of India Ltd is ₹115.8.
PE Ratio of Steel Authority of India Ltd is 19.14
PE ratio = Steel Authority of India Ltd Market price per share / Steel Authority of India Ltd Earnings per share
Today’s traded volume of Steel Authority of India Ltd(SAIL) is 1.15Cr.
Today’s market capitalisation of Steel Authority of India Ltd(SAIL) is ₹48029.75Cr.
| Steel Authority of India Ltd(SAIL | Price |
|---|---|
52 Week High | ₹175.35 |
52 Week Low | ₹89.4 |
Steel Authority of India Ltd(SAIL) share price is ₹117.11. It is down -33.21% from its 52 Week High price of ₹175.35
Steel Authority of India Ltd(SAIL) share price is ₹117.11. It is up 31.00% from its 52 Week Low price of ₹89.4
| Steel Authority of India Ltd(SAIL | Returns |
|---|---|
1 Day Returns | 0.83% |
1 Month Returns | 0.93% |
3 Month Returns | -12.4% |
1 Year Returns | 26.88% |