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As of 6 Nov 2026, Steel Authority of India trades at 12.6× trailing earnings, below the industry P/E of 19.9×, and the shares are 18% below their 52-week high. Sales and net profit grew 2.0% and 16% a year over 3 years; its ROCE of 7.2% is the lowest among the 7 largest Steel peers. Debt is 0.50× equity, and its dividend yield is 1.4%. It is a mid-cap company with a market cap of ₹70,880 Cr, ranked 5th of 150 Steel companies by market cap; the shares rose 25% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹171.90
Day high
₹171.90
Day low
₹165.72
Prev. close
₹172.30
Volume
1.8 Cr

Health check

3 good · 2 fair · 1 to check
  • ReturnsAhead

    +24.7% over a year, better than 5 of 7 peers.

  • Price tagCheaper

    P/E 12.6 vs industry 19.9.

  • GrowthSteady

    Sales +2.0%, profit +15.7% a year over 3 years.

  • ProfitabilityWeak

    ROCE 7.2% vs peer median 19.4%.

  • Balance sheetFair

    Debt 0.50× equity, interest covered 3.1×, Piotroski 7 of 9.

  • Red flagsNone found

    No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Steel

149 listed peers. Screen the industry

Mid cap

₹70,880 Cr, #5 of 150 in its industry by size.

Moves with the market

Beta 1.04 vs the NIFTY 50: tracks the market closely.

Key metrics

Last 12 months to Sep 2026: sales ₹1,16,428 Cr · profit ₹5,604 Cr
Market cap
₹70,880 Cr
Mid cap
P/E
12.6
Industry 19.9
Price to book
1.13
Peers 2.92
Dividend yield
1.37%
ROE
9.3%
Peers 24.5%
ROCE
7.2%
Peers 19.4%
Debt to equity
0.50
Debt ₹31,464 Cr
EPS (TTM)
₹13.57
Face value ₹10
OPM (TTM)
12.9%
Net margin 4.8%
Sales growth
+19.8%
Latest quarter vs a year ago
Profit growth
+319.8%
Latest quarter vs a year ago
Price to sales
0.61
EV/EBITDA 6.7

Strengths and risks

Strengths

  • Quarterly profit up 319.8% on a year ago.
  • Quarterly sales up 19.8% on a year ago.
  • P/E of 12.6 against an industry P/E of 19.9.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Steel Authority of India

Steel Authority of India Limited, a steel-making company, manufactures and sells iron and steel products in India and internationally. The company offers a range of railway products, which include rail, high YS/UTS rail, corrosion-resistant micro-alloyed rail, vanadium alloyed rail, end forged thick web asymmetric rail, conductivity rail, crane rails, and crossing sleeper bars. It also provides pig iron, cold rolled products, pipes, semis, structurals,…

Headquarters
New Delhi
Employees
49,752
Sector
Basic Materials
ISIN
INE114A01011
Website
sail.co.in

Price range

52 weeks

₹124.00₹209.70

Today

₹165.72₹171.90
Avg volume (3M)
1.9 Cr
1-year return
plus 24.7%
From 52-week high
minus 18.2%

Analyst consensus

28 analysts
HoldMean target ₹185.04 plus 7.8%

Target range, with today’s price

Low ₹135.00High ₹240.00

Consensus from Yahoo Finance. Not a recommendation.

Peers · Steel

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
JSWSTEELJSW Steel1,357.10plus 0.11%3,31,26511.712.218.7%17.7%0.623.6%plus 14.7%
TATASTEELTata Steel186.30plus 2.36%2,32,39721.19.111.3%15.2%0.89−1.6%plus 1.5%
JINDALSTELJindal Steel1,165.00plus 1.31%1,18,59441.514.97.5%15.9%0.42−13.1%plus 6.4%
LLOYDSMELloyds Metals And Energy1,785.50minus 1.38%1,00,48219.118.819.4%37.4%1.2371.3%plus 37.4%
SAILSteel Authority of India171.60minus 0.41%70,88012.68.17.2%12.9%0.502.0%plus 24.7%
NMDCNMDC70.40minus 0.01%61,8948.36.228.4%30.0%0.1922.0%minus 5.2%
APLAPOLLOAPL Apollo Tubes2,185.30minus 0.41%60,67746.332.728.0%8.2%0.1712.6%plus 23.3%
WELCORPWelspun Corp2,204.90minus 7.57%58,14424.624.119.5%14.4%0.1019.5%plus 157.9%
Median of 7 peers–−0.01%1,00,48221.114.919.4%15.9%0.4212.6%14.7%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Dec 25Mar 26Jun 26Sep 26
25,92227,37130,81326,24631,998
23,15325,07726,40522,09327,781
2,7692,2944,4094,1534,216
10.7%8.4%14.3%15.8%13.2%
235248532231313
595547532493523
1,4411,5161,5771,5601,609
––−330−144−72.7
9684802,5022,1872,324
23.1%22.0%26.6%24.8%24.7%
7453741,8351,6441,750
1.800.914.443.984.24

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+2.0%
Profit CAGR 3Y
+15.7%
EPS CAGR 3Y
+15.7%
ROE
9.3%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
1,03,7491,04,5681,01,7401,09,987
–+0.8%minus 2.7%+8.1%
94,67692,95190,68997,242
9,07311,61711,05112,745
8.7%11.1%10.9%11.6%
373856980656
1,8882,4142,7592,120
4,9645,2785,6515,988
298−719−369−788
2,8924,0623,2524,506
24.8%24.5%27.1%25.1%
2,1773,0672,3723,373
–+40.9%minus 22.7%+42.2%
5.277.425.748.17

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
4,1314,1314,1314,131
50,61652,97154,77556,225
30,77336,32336,93431,928
44,96147,28540,53143,613
1,30,4811,40,7091,36,3711,35,896
78,55078,78780,75186,850
5,0196,3787,44910,885
219312374515
57.167334796.7
46,63654,55947,45137,549
1,30,4811,40,7091,36,3711,35,896

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−5,2902,9119,91419,039
−3,371−4,261−5,269−7,899
8,5871,362−4,424−11,403
−74.512.3222−263
−3,922−4,711−6,221−8,758
−9,212−1,8003,69310,281
−1,342−620−413−661

Shareholding pattern

Source: NSE filings
65.0%
promoters
  • Promoters65.00%
  • Public35.00%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202665.00%35.00%0.00
30 Jun 202665.00%35.00%0.00
31 Mar 202665.00%35.00%0.00
31 Dec 202565.00%35.00%0.00
30 Sep 202565.00%35.00%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you