SAIL

STEEL AUTHORITY OF INDIA (SAIL)

Large Cap BSE: 500113 NSE: SAIL
₹78.15
0.55 (0.71%)
As on 09 August, 2022 | 19:19

Steel Authority Of India (Sail) Share Price

Steel Authority Of India (Sail) Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

Steel Authority Of India (Sail) Share Returns

  • Over 1 Month 9.15%
  • Over 3 Month -13.07%
  • Over 6 Month -23.31%
  • Over 1 Year -44.57%

Steel Authority Of India (Sail) Key Statistics

P/E Ratio 2.6
PEG Ratio 0
Market Cap Cr 32,280
Price to Book Ratio 125.9
EPS 29.7
Dividend 88
Relative Strength Index 61.38
Money Flow Index 73.41
MACD Signal 1.07
Average True Range 2.25

Steel Authority Of India (Sail) Investment Rating

  • Master Rating:
  • Steel Auth.Of Ida. (Nse) has an operating revenue of Rs. 103,476.84 Cr. on a trailing 12-month basis. An annual revenue growth of 49% is outstanding, Pre-tax margin of 15% is great, ROE of 22% is exceptional. The company has a reasonable debt to equity of 15%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 200DMA and around 7% up from its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 78 which is a FAIR score but needs to improve its earnings, a RS Rating of 9 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 111 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of D is close to being the worst. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has some relative strength and buyer demand but we want to see further fundamental performance to qualify as a growth stock.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Steel Authority of India (SAIL) Financials
  • Indicator
  • Mar 2022
  • Dec 2021
  • Sep 2021
  • Jun 2021
  • Mar 2021
  • Oper Rev Qtr Cr
  • 30,758
  • 25,246
  • 26,827
  • 20,642
  • 23,286
  • Operating Expenses Qtr Cr
  • 26,427
  • 21,835
  • 19,810
  • 14,079
  • 17,133
  • Operating Profit Qtr Cr
  • 4,331
  • 3,410
  • 7,017
  • 6,564
  • 6,153
  • Depreciation Qtr Cr
  • 1,144
  • 1,049
  • 1,056
  • 1,026
  • 1,158
  • Interest Qtr Cr
  • 440
  • 316
  • 439
  • 503
  • 540
  • Tax Qtr Cr
  • 792
  • 488
  • 1,449
  • 1,295
  • 1,165
  • Net Profit Qtr Cr
  • 2,418
  • 1,443
  • 4,304
  • 3,850
  • 3,444

Steel Authority Of India (Sail) Technicals

EMA & SMA

Current Price
78.15
0.55 (0.71%)
  • Bullish Moving Average
  • ___
  • 11
  • Bearish Moving Average
  • ___
  • 5
  • 20 Day
  • 75.28
  • 50 Day
  • 75.88
  • 100 Day
  • 81.94
  • 200 Day
  • 95.2
  • 20 Day
  • 74.72
  • 50 Day
  • 72.66
  • 100 Day
  • 83.53
  • 200 Day
  • 95.16

Steel Authority Of India (Sail) Resistance and Support

PIVOT
₹77.72
Resistance
  • First Resistance
  • 78.34
  • Second Resistance
  • 79.07
  • Third Resistance
  • 79.69
Support
  • First Resistance
  • 76.99
  • Second Resistance
  • 76.37
  • Third Resistance
  • 75.64
  • RSI
  • 61.38
  • MFI
  • 73.41
  • MACD Single Line
  • 1.07
  • MACD
  • 1.42

Steel Authority Of India (Sail) Delivery and Volume

  • Period
  • NSE + BSE
    Volume Avg
  • NSE + BSE
    Delivery Volume Avg
  • NSE + BSE
    Delivery Volume %
  • Day
  • 21,856,129
  • 519,738,748
  • 23.78
  • Week
  • 22,872,989
  • 542,776,029
  • 23.73
  • 1 Month
  • 32,643,995
  • 864,086,552
  • 26.47
  • 6 Month
  • 38,618,582
  • 998,676,531
  • 25.86

Steel Authority Of India (Sail) Result Highlights

Steel Authority of India (SAIL) Synopsis

NSE-Steel-Producers

Steel Authority belongs to the Industry of Steel. Company’s Total Operating Revenue is Rs. 69110.02 Cr. and Equity Capital is Rs. 4130.53 Cr. for the Year ended 31/03/2021. Steel Authority of India (SAIL) Ltd. is a Public Limited Listed company incorporated on 24/01/1973 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L27109DL1973GOI006454 and registration number is 006454.
  • Market Cap
  • 32,280
  • Sales
  • 103,473
  • Shares in Float
  • 144.57
  • No of funds
  • 224
  • Yield
  • 11.2
  • Book Value
  • 0.62
  • U/D Vol ratio
  • 1.2
  • LTDebt / Equity
  • 16
  • Alpha
  • -0.24
  • Beta
  • 1.63

Steel Authority of India (SAIL)

  • Owner Name
  • Jun-22
  • Mar-22
  • Dec-21
  • Sep-21
  • Promoters
  • 65%
  • 65%
  • 65%
  • Mutual Funds
  • 2.59%
  • 3.67%
  • 3.91%
  • Insurance Companies
  • 6.18%
  • 6.39%
  • 6.56%
  • Foreign Portfolio Investors
  • 4.22%
  • 4.58%
  • 4.41%
  • Financial Institutions/ Banks
  • 0.01%
  • 0.11%
  • 0.02%
  • Individual Investors
  • 18.72%
  • 16.65%
  • 16.5%
  • Others
  • 3.28%
  • 3.6%
  • 3.6%

Steel Authority of India (SAIL) Management

  • Name
  • Designation
  • Ms. Soma Mondal
  • Chairman
  • Mr. Krishan Kumar Gupta
  • Independent Director
  • Mr. N Shankarappa
  • Independent Director
  • Mr. Harinand Rai
  • Director - Technical
  • Mr. Amit Sen
  • Director - Finance
  • Mr. Anirban Dasgupta
  • Director - Planning
  • Mr. Amarendu Prakash
  • Director
  • Mr. Puneet Kansal
  • Government Director
  • Mr. Sukriti Likhi
  • Government Director

Steel Authority Of India (Sail) Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Steel Authority Of India (Sail) Corporate Action

  • Date
  • Purpose
  • Remarks
  • 2022-08-10
  • Quarterly Results
  • 2022-05-23
  • Audited Results & Final Dividend
  • 2022-03-16
  • Second Interim Dividend
  • 2022-02-09
  • Quarterly Results
  • 2021-10-29
  • Quarterly Results & Interim Dividend
  • Date
  • Purpose
  • Remarks
  • 2022-07-29
  • FINAL
  • Rs.2.25 per share(22.50%)Final Dividend
  • 2022-03-29
  • INTERIM
  • Rs.2.50 per share (25%) Second Interim Dividend
  • 2021-11-10
  • INTERIM
  • Rs.4.00 per share(40%)Interim Dividend
  • 2021-02-06
  • INTERIM
  • Rs.1.00 per share(10%)Interim Dividend

Steel Authority of India (SAIL) MF Shareholding

  • Name
  • Amount(cr)
  • Kotak Equity Arbitrage Fund Growth
  • 25789
  • SBI Balanced Advantage Fund Regular Growth
  • 23436
  • Kotak Balanced Advantage Fund Regular Growth
  • 13494
  • ICICI Prudential Equity Arbitrage Fund Regular Growth
  • 13400
  • Nippon India Multi Cap Fund - Growth
  • 11268

About Company

Steel Authority of India Limited or SAIL is a renowned steel-making company in India. It is under the Ministry of Steel, Government of India, with a yearly turnover of INR 69,113.61 Crore for the financial year 2020-21. Founded on 19 January 1954, SAIL now has over 62,620 representatives (1 February 2022). With a yearly creation of 16.30 million metric tons, SAIL is the 20th biggest steel producer globally and the biggest in India. The hot metal production capacity of SAIL is expected to arrive at a degree of 50 million tons for each annum by 2025. 

SAIL is now undergoing a huge development and modernization program to achieve global ambition, including updating and building new offices with accentuation on cutting edge green innovation. According to a recent survey, SAIL is one of India's fastest developing Public Sector Units. The current chairman of this company is Smt. Soma Mondal.
 

The History of SAIL

SAIL is now the owner and operator of five incorporated steel plants at Bhilai, Rourkela, Durgapur, Bokaro, and Burnpur (Asansol) and three special steel plants at Salem, Durgapur, and Bhadravathi. Other than that, it additionally possesses a Ferro Alloy plant at Chandrapur.

This company began its journey from the Hindustan Steel Limited (HSL), which was set up on 19 January 1954 to oversee just a single plant coming up at Rourkela.

The Iron and Steel Ministry did the starter work of plants in steel plants Bhilai and Durgapur for SAIL. From April 1957, the management and control of these two steel plants were likewise moved to Hindustan Steel. Even though New Delhi was the location of the registered office of SAIL in the initial stage, it moved to Calcutta in July 1956 and eventually to Ranchi in December 1959. On 29 January 1964, another steel organization, Bokaro Steel Limited (Bokaro Steel Plant), was consolidated to develop and operate the steel plant at Bokaro.

The Major Units of SAIL: Integrated Steel Plants, Special Steel Plants, and Others

SAIL Integrated Steel Plants

  • Rourkela Steel Plant (RSP) in Odisha was set up with German collaboration (The first integrated steel plant in the Public Sector in India, 1959).
  • Bhilai Steel Plant (BSP) in Chhattisgarh was set up with Soviet collaboration (1959).
  • Durgapur Steel Plant (DSP) at Durgapur, West Bengal set up with British collaboration (1965).
  • Bokaro Steel Plant (BSL) in Jharkhand (1965) was set up with Soviet collaboration.
  • IISCO Steel Plant (ISP) at Burnpur in Asansol, West Bengal(Modernized in 2015).

Special Steel Plants

  • Alloy Steel Plant (ASP), Durgapur, West Bengal supplies to the Indian Ordnance Factories.
  • Salem Steel Plant (SSP), Maramangalathupatti, at Salem, Tamil Nadu.
  • Visvesvaraya Iron and Steel Limited (VISL), at Bhadravathi, Karnataka.


Refractory Plants - SAIL Refractory Unit (SRU)

  • SAIL Refractory Unit, Bhandaridah in Jharkhand
  • SAIL Refractory Unit, Bhilai in Chhattisgarh
  • SAIL Refractory Unit, IFICO, Ramgarh in Jharkhand
  • SAIL Refractory Unit, Ranchi Road in Jharkhand

Ferro Alloy Plant

  • Chandrapur Ferro Alloy Plant (CFP) in Maharashtra

Central Units of SAIL

  • Central Marketing Organisation
  • Centre for Engineering and Technology
  • Research and Development Centre for Iron and Steel
  • SAIL Consultancy Organisation
  • Environment Management Division
  • Management Training Institute, Ranchi

SAIL: Awards Received

  • "Best of all" Rajiv Gandhi National Quality Award in 1993, 2006, and 2007 for their Bhilai and Bokaro plants.
  • Quality Summit New York Gold Trophy 2007 (International Award for Excellence & Business Prestige) and Award of Excellence Maintenance for Sumitomo Heavy Industry & TSUBKIMOTO-KOGIO, Japan, won by Alloy Steel Plant, Durgapur.
  • SAIL was featured in the 2008 list of Forbes Global 2000 companies at position 674.
  • Golden Peacock Award for Combating Climate Change – 2008 for BSP, Occupational Health and Safety- 2008 for BSL.
  • National Safety Award to Bhilai Steel Plant announced by the Ministry of Labour & Employment, Government of India – 2008.
  • Durgapur Steel Plant won the 2nd prize in the Association of Business Communicators of India Awards – 2008.
  • Ispat Bhasha Bharati. The Rajbhasha Journal of SAIL has been awarded the first prize under the All India House Journal Award Scheme – 2008-09.
  • Salem Steel Plant received the Greentech Gold Award in Metal and Mining Sector – 2008-09.
  • Golden Peacock Award for Corporate Social Responsibility won by Bhilai Steel Plant (BSP) for the third year in a row – 2009.
  • Rourkela Steel Plant collected the Srishti Good Green Governance (G-Cube) Award – 2009.
  • Greentech HR Excellence Award secured by the Durgapur Steel Plant – 2009.
  • The steel township of Rourkela Steel Plant (RSP) has been ranked 14th in sanitation and cleanliness by Union Urban Development Ministry – 2009-10.
  • Greentech Safety Gold Award was given to Bhilai Steel Plant in 2010.
  • Bhilai Steel Plant won the HR Excellence Award by the Greentech Foundation in 2010.
  • SSP has won the Greentech Silver Award in the Training Category of Greentech HR Excellence Awards – 2010.
  • Award for financial and operational strength by Indian Institute of Industrial Engineering (IIIE)- 2009-10.
  • Golden Peacock Environment Management Award – 2011. Randstad Award for HR Practices and Employer Branding under 'Manufacturing Industries' category – 2011.
  • Maiden Wockhardt Shining Star CSR Award in the Iron & Steel Sector category – 2011.
  • Salem Steel Plant (SSP) won the National Sustainability Award for the 6th time in succession and the 13th time since the inception of the award from the Indian Institute of Metals (IIM) – in 2011

Conclusion

According to a survey, SAIL is now one of the leading companies in India. This company is currently modernizing and extending its creation units, unrefined substance assets, and offices to maintain its position in the Indian steel market. Hence, it'd be a great decision to keep this stock as a long-term investment in your portfolio.

Steel Authority of India (SAIL) FAQs

What is Share Price of Steel Authority of India (SAIL) ?

Steel Authority of India (SAIL) share price is ₹78 As on 09 August, 2022 | 19:05

What is the Market Cap of Steel Authority of India (SAIL) ?

The Market Cap of Steel Authority of India (SAIL) is ₹32280.1 Cr As on 09 August, 2022 | 19:05

What is the P/E ratio of Steel Authority of India (SAIL) ?

The P/E ratio of Steel Authority of India (SAIL) is 2.6 As on 09 August, 2022 | 19:05

What is the PB ratio of Steel Authority of India (SAIL) ?

The PB ratio of Steel Authority of India (SAIL) is 0.6 As on 09 August, 2022 | 19:05

How to buy SAIL shares?

You can open a free 5paisa Demat and trading account to trade SAIL shares. The Demat account opening process is smooth, simple, and seamless.

What is the future of SAIL shares?

Experts expect a long-term increase. The "SAIL" stock cost guess for 2027-03-29 is 264.778 INR. With 5-year speculation, the income is supposed to be around +140.05%.

What is the face value of SAIL?

The face value of SAIL is 10.

Q1FY23