Steel Authority of India Ltd Analyst Rating
based on 24 analysts
4.00%
Buy
28.00%
Hold
68.00%
Sell
Based on 24 analysts offering long term price targets for Steel Authority of India Ltd. An average target of ₹116.54
Source: S&P Global Market Intelligence
Steel Authority of India Ltd Share analysis
Steel Authority of India Ltd price forecast by 24 analysts
Downside of
High
₹165
Target
₹116.54
Low
₹65
Steel Authority of India Ltd target price ₹116.54, a slight downside of -9.68% compared to current price of ₹126.46. According to 24 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Steel Authority of India Ltd revenue growth forecast
Expected growth rate Q1, FY2026:4.69%
Forecast
Actual
Including amortisation and stock based compensations
Steel Authority of India Ltd EPS growth forecast
EPS estimate Q1, FY2026:43.13%
Forecast
Actual
Source: S&P Global Market Intelligence
Steel Authority of India Ltd Performance
Day's Low
Day's High
₹126.03₹131.1952 Week's Low
52 Week's High
₹81.8₹175.35
| Returns % | |
| 1 Month Return | -0.5 % |
| 3 Month Return | -9.95 % |
| 1 Year Return | + 54.81 % |
| Market Stats | |
| Previous Close | ₹129.03 |
| Open | ₹130.21 |
| Volume | 1.54Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹53,296.17Cr |
Steel Authority of India Ltd Key Statistics
| P/E Ratio | 18.15 |
| PEG Ratio | 5.53 |
| Market Cap | ₹53,296.17 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 |
|---|---|---|---|---|---|---|
| ₹53,296.17 Cr | 52.49% | 0.73 | ₹3,066 Cr | ₹1,05,378 Cr | ||
| HOLD | ₹42,631.90 Cr | 85.99% | 0.53 | ₹1,988 Cr | ₹13,149 Cr | |
| BUY | ₹98,387.50 Cr | 166.56% | 0.60 | ₹5,943 Cr | ₹50,354 Cr | |
| ₹2,14,012.41 Cr | 28.26% | 0.70 | ₹7,759 Cr | ₹28,932 Cr | ||
| BUY | ₹43,739.26 Cr | 207.31% | 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: ₹126.46 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹53,296.17Cr as of today
Revenue: ₹23,997.81Cr as on June 2024 (Q2 24)
Net Profit: ₹81.78Cr as on June 2024 (Q2 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 Selected for Hydrogen Steel Production Pilot - 21 Oct, 2024
The government has approved three pilot projects for hydrogen use in steel production, with Steel Authority of India Ltd (SAIL) selected for a 3,200 TPD project.
Government Approves Green Hydrogen Projects for Steel - 19 Oct, 2024
The Indian government has approved three pilot projects to enhance green hydrogen use in the steel sector, allocating Rs 347 crore in funding. Steel Authority of India (Ranchi) has been selected as a winning bidder for these initiatives.
Government Sanctions Hydrogen Pilot Projects for SAIL - 18 Oct, 2024
The Indian government has approved three pilot projects utilizing hydrogen in the steel industry, including one for Steel Authority of India Ltd, with financial support of Rs 347 crore.
Steel Authority Faces Profit Decline Amid Low Prices - 17 Oct, 2024
Steelmakers, including Steel Authority of India Ltd (SAIL), are expected to report a significant drop in profits for the September quarter due to steel prices hitting a three-year low and weak demand. Analysts predict SAIL may even incur losses during this period.
SAIL Q2 Earnings Forecast Shows Decline - 11 Oct, 2024
Steel Authority of India Ltd (SAIL) is projected to see a 23.9% year-on-year dip in Q2 PAT to Rs. 940 crore, with net sales also declining by 5.9% YoY, despite a rise in EBITDA.
SAIL Plans Major Expansion Amid Import Concerns - 10 Oct, 2024
Steel Authority of India Limited (SAIL) is planning a significant 20 MT expansion, necessitating an investment of ₹6,000 crore, amidst rising steel imports from China.
Weak Metal Prices to Affect Steel Authority Earnings - 09 Oct, 2024
Steel Authority of India Ltd faces potential earnings impact due to weak metal pricing in the second quarter of financial year 2025, as reported.
SAIL Partners with BHP for Steel Decarbonisation - 08 Oct, 2024
Steel Authority of India Limited (SAIL) has partnered with BHP to develop lower-carbon technology pathways for steelmaking, focusing on reducing greenhouse gas emissions through innovative methods.
SAIL Partners with BHP for Steel Decarbonisation - 07 Oct, 2024
Steel Authority of India Ltd (SAIL) has entered a partnership with BHP to explore low-emission steel manufacturing technologies, focusing on decarbonisation strategies for blast furnace operations.
SAIL Considers Takeover of Rashtriya Ispat Nigam Limited - 02 Oct, 2024
SAIL's independent director expressed that a takeover of Rashtriya Ispat Nigam Limited would be beneficial for both organizations. SAIL management has shown interest in this proposal, indicating potential long-term advantages.
Steel Authority of India Ltd Sees Minor Decline - 01 Oct, 2024
Steel Authority of India Ltd experienced a slight decline of 0.81% to Rs 140.2. The stock previously reached a record high of Rs 175.65 in May 2024.
SEFI Proposes Centralized Marketing for Steel PSUs - 29 Sep, 2024
The Steel Executives Federation of India (SEFI) has proposed a centralized marketing system for state-owned steel companies like SAIL, NMDC, and RINL to mitigate losses.
SAIL's Growth and Merger Talks with RINL - 27 Sep, 2024
Steel Authority of India Limited (SAIL) is in focus as the government considers merging it with Rashtriya Ispat Nigam Limited (RINL) to address financial challenges. SAIL's AGM showcased record production and authorized significant transactions, contributing to a positive market sentiment.
SAIL Reports Record Production and AGM Approvals - 26 Sep, 2024
Steel Authority of India Limited (SAIL) achieved record production and sales turnover for FY 2024. Shareholders approved significant related party transactions worth up to Rs 19,500 crore. Despite a profit decline, SAIL shares rose 2.69% on AGM day.
CIC Orders SAIL to Disclose Tender Information - 25 Sep, 2024
The Information Commission has directed Steel Authority of India Ltd (SAIL) to voluntarily disclose tender-related information on their website, promoting transparency under the RTI Act, 2005.
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 IMPACTBest in 1 Year
In the last 1 year, SAIL has outperformed top 5 stocks with highest market-cap in Iron & Steel
NO EFFECTAgainst Peers
In the last 3 years, Jindal Steel & Power Ltd has given 122.3% return, outperforming this stock by 113.4%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 65.00% of holdings in Sep 2024 quarter
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 3.00% to 2.82% in Sep 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 28.41K Cr → 24.28K Cr (in ₹), with an average decrease of 14.6% per quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 1.12K Cr → 81.78 Cr (in ₹), with an average decrease of 92.7% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 6.37% to 5.92% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 16.27% to 16.15% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, SAIL stock has moved down by -4.0%
News
Stock Alert: Coal India, Bank of Baroda, Tata Steel, Sonata Software, Aster DM Healthcare
Upcoming Result: Tata Motors, ITC, Sun Pharmaceutical Industries, Aditya Birla Capital, Adani Enterprises, Adani Ports and Special Economic Zone, Dabur India, Arvind Fashions, Escorts Kubota, Emami, Zomato, Kalyan Jewellers, Akzo Nobel India, Alkyl Amines Chemicals, Aptus Value Housing Finance, Cleans Science and Technology, Great Eastern Shipping, GHCL, Godrej Agrovet, G R Infraprojects, Indegene, Max Healthcare Institute, Neuland Laboratories, Orient Electric.01 Aug, 2024 08:38 AMBuy Coal India, target price Rs 600: Motilal Oswal
Coal India Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 321817.67 Crore) operating in Mining sector.01 Aug, 2024 09:25 AMHot stocks: Brokerage view on Coal India, Tata Steel, Maruti Suzuki and M&M
CLSA has reiterated its 'Outperform' rating on Coal India and increased the target price to Rs 580 from Rs 480. The firm noted that the first quarter was robust operationally, driven by lower costs. It anticipates continued resilient volume growth in the near term and, with a 5% dividend yield, considers the risk-reward profile to be compelling.01 Aug, 2024 09:43 AMSteel 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 (18.15x)
October 18, 2024
Industry (25.87x)
October 18, 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 -61.51% since last year same period to ₹81.78Cr in the Q1 2024-2025. On a quarterly growth basis, Steel Authority of India Ltd has generated -92.74% fall 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 1.94%.
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 ₹126.46
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 ₹131.19.
- Today’s lowest price of Steel Authority of India Ltd is ₹126.03.
PE Ratio of Steel Authority of India Ltd is 18.15
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 1.54Cr.
Today’s market capitalisation of Steel Authority of India Ltd(SAIL) is ₹53296.17Cr.
| Steel Authority of India Ltd(SAIL | Price |
|---|---|
52 Week High | ₹175.35 |
52 Week Low | ₹81.8 |
Steel Authority of India Ltd(SAIL) share price is ₹126.46. It is down -27.88% from its 52 Week High price of ₹175.35
Steel Authority of India Ltd(SAIL) share price is ₹126.46. It is up 54.60% from its 52 Week Low price of ₹81.8
| Steel Authority of India Ltd(SAIL | Returns |
|---|---|
1 Day Returns | -2.57% |
1 Month Returns | -0.5% |
3 Month Returns | -9.95% |
1 Year Returns | 54.81% |