Company research / Focus view

Steel Authority of India

SAIL · Metals & Mining · mid cap · Midcap 50

Revenue · FY26

₹1,09,987 cr

+8.1% YoY

What the business sold

Net profit · FY26

₹3,373 cr

+42.2% YoY

What it kept after tax

Operating profit · FY26

₹6,758 cr

+25.1% YoY

Profit from operations

Operating cash flow · FY26

₹19,039 cr

+92.0% YoY

Cash the operations produced

Total debt · FY26

₹31,928 cr

-13.6% YoY

Borrowings against the business

Dividend per share · FY26

—

Paid out per share · not collected yet

Five years in perspective

Price index · Start = 100 · Dividends excluded · ₹179 today (-2.59%)

+46.5% · 5Y

2021 · 10020222023202420252026 · 155.5

1M +3.5%6M +16.3%1Y +35.8%3Y +79.1%5Y +46.5%

Market cap

₹73,936 Cr

As of 13 Sept 2026

Price to earnings

17.3

Price to book 1.2

Dividend yield

1.28%

Trailing twelve months

52-week range

₹124 – ₹210

Closing prices

The financial record

₹ crore · Consolidated where reported · Indian fiscal years (April–March)

Reported metric	FY23	FY24	FY25	FY26
Revenue	1,03,749	1,04,568	1,01,740	1,09,987
Operating profit	4,109	6,339	5,400	6,758
Net profit	2,177	3,067	2,372	3,373
Operating cash flow	-5,290	2,911	9,914	19,039
Free cash flow	-9,212	-1,800	3,693	10,281
Capital expenditure	-3,922	-4,711	-6,221	-8,758
Tax expense	716	995	880	1,133
Total debt	30,773	36,323	36,934	31,928
Cash and equivalents	57	69	292	29
Shareholders equity	54,747	57,101	58,906	60,356
Earnings per share (₹)	5.27	7.42	5.74	8.17

Not collected yet for this company: Dividend per share. These come from the filings, not the daily price feed.

Recent quarters

₹ crore · Most recent first

Quarter ended	Revenue	Operating profit	Net profit	EPS (₹)
30 Jun 2026	26,246	2,592	1,644	3.98
31 Mar 2026	30,813	2,832	1,835	4.44
31 Dec 2025	27,371	779	374	0.91
30 Jun 2025	25,922	1,327	745	1.80
31 Mar 2025	29,316	1,960	1,251	3.03

Developments

0 positive · 6 negative

NeutralExpansion2 days ago

SAIL IISCO Steel Plant Launches Major Infrastructure & Digital Projects

Steel Authority of Indiamid cap

PSU Connect12 Sept 2026, 4:46 pm IST

Classification & context · Moves the numbers

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

Names an event that should show up in revenue, profit, debt, capacity or approvals.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral3 days ago

SAIL Share Price

Steel Authority of Indiamid cap

Upstox11 Sept 2026, 12:30 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Reads negativeRegulatory3 days ago

Stocks Under F&O Ban: Steel Authority of India, and Others

Steel Authority of Indiamid cap GAIL (India)Mentioned

Equitypandit11 Sept 2026, 7:07 am IST

Classification & context · Routine

The headline states a business fact and a direction that hurts it. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.75. This is not the probability that the report is true.

Neutral4 days ago

Steel PSU Stock Up 98% in 3 Years: What Drove the Rally

Steel Authority of Indiamid cap

Univest10 Sept 2026, 8:40 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral4 days ago

Tata Steel, JSW Steel, SAIL, Jindal Steel: Top metal stocks to buy; check fresh targets & more

JSW Steellarge cap Jindal Steel & PowerMentioned Steel Authority of IndiaMentioned Tata SteelMentioned

Business Today10 Sept 2026, 3:57 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Reads negativeRegulatory4 days ago

Stocks Under F&O Ban: Steel Authority of India, and Others

Steel Authority of Indiamid cap GAIL (India)Mentioned

Equitypandit10 Sept 2026, 7:23 am IST

Classification & context · Routine

The headline states a business fact and a direction that hurts it. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.75. This is not the probability that the report is true.

Reads negativeRegulatory5 days ago

F&O ban list 09 September 2026: Stocks in ban and MWPL watchlist, Bandhan Bank at 92.88%

Steel Authority of Indiamid cap

scanx.trade9 Sept 2026, 7:55 am IST

Classification & context · Routine

The headline states a business fact and a direction that hurts it. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.75. This is not the probability that the report is true.

Reads negativeRegulatory5 days ago

Stocks Under F&O Ban: Steel Authority of India, and Others

Steel Authority of Indiamid cap GAIL (India)Mentioned

Equitypandit9 Sept 2026, 7:04 am IST

Classification & context · Routine

The headline states a business fact and a direction that hurts it. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.75. This is not the probability that the report is true.

Neutral6 days ago

SAIL’s Ispat General Hospital Performs Region-First Complex Spinal Surgery

Steel Authority of Indiamid cap

psuindia.com8 Sept 2026, 5:49 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral6 days ago

India Steel Works Share Price: Today’s 8.44% Decline

Steel Authority of Indiamid cap GAIL (India)Mentioned

Univest8 Sept 2026, 1:57 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Reads negativeRegulatory6 days ago

F&O ban list 08 September 2026: Stocks in ban and MWPL watchlist, Manappuram Finance at 91.78%

Steel Authority of Indiamid cap Manappuram FinanceMentioned

scanx.trade8 Sept 2026, 7:38 am IST

Classification & context · Routine

The headline states a business fact and a direction that hurts it. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.75. This is not the probability that the report is true.

Neutral7 days ago

FIIs raise stakes in 9 midcap stocks for four straight quarters; shares surge up to 70% in a year

Steel Authority of Indiamid cap

The Economic Times7 Sept 2026, 4:02 pm IST

Classification & context · Moves the numbers

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

Names an event that should show up in revenue, profit, debt, capacity or approvals.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral7 days ago

Steel Authority Of India Share Price Today Down 3.15%

Steel Authority of Indiamid cap GAIL (India)Mentioned

Univest7 Sept 2026, 12:30 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

NeutralManagement7 days ago

‘Youth Must Embrace Creative Thinking And New Opportunities’: SAIL Chairman Ashok Kumar Panda

Steel Authority of Indiamid cap

ETV Bharat7 Sept 2026, 11:44 am IST

Classification & context · Moves the numbers

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

Names an event that should show up in revenue, profit, debt, capacity or approvals.

Classifier confidence: 0.35. This is not the probability that the report is true.

Reads negativeRegulatory7 days ago

F&O ban list 07 September 2026: Stocks in ban and MWPL watchlist, CDSL at 51.05%

Steel Authority of Indiamid cap Central Depository ServicesMentioned

scanx.trade7 Sept 2026, 8:13 am IST

Classification & context · Routine

The headline states a business fact and a direction that hurts it. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.75. This is not the probability that the report is true.

About the business

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, high conductivity rail, crane rails, and crossing sleeper bars. It also provides pig iron, cold rolled products, pipes, semis, structurals, sail tmt bars, galvanized products, wirerods, pm plates, railway products, wheels and axles, hot rolled products, stainless steel products, electrical steels, and sail SeQR TMT bars. It serves government organizations, PSUS, private companies, distributors, and resellers. Steel Authority of India Limited was founded in 1954 and is based in New Delhi, India.

Industry: Steel

www.sail.co.in

Data confidence

Prices, fundamentals and developments last verified 13 Sept 2026. Fundamentals are sourced from public filings feeds; interpretation is shown separately from figures.

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