SAIL

STEEL AUTHORITY OF INDIA (SAIL)

Large Cap BSE: 500113 NSE: SAIL
₹88.1
1.35 (1.56%)
  • Advice
  • Hold
As on 05 December, 2022 | 16:25

Steel Authority Of India (Sail) Performance

Day Range

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52 Week Range

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Steel Authority Of India (Sail) Share Price

Steel Authority Of India (Sail) Share Returns

  • Over 1 Month 9.51%
  • Over 3 Month 11.24%
  • Over 6 Month 15.31%
  • Over 1 Year -15.73%

Steel Authority Of India (Sail) Key Statistics

P/E Ratio 8.1
PEG Ratio -0.1
Market Cap Cr 36,390
Price to Book Ratio 0.7
EPS 29.8
Dividend 5.4
Relative Strength Index 62.16
Money Flow Index 54.6
MACD Signal 0.8
Average True Range 2.24

Steel Authority Of India (Sail) Investment Rating

  • Master Rating:
  • Steel Auth.Of Ida. (Nse) has an operating revenue of Rs. 106,280.77 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 close to its 200DMA and around 7% above its 50DMA. It needs to stay above the 200DMA levels to make any further meaningful move. It has recently broken out of a base in its weekly chart and is trading around 4% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 50 which is a POOR score indicating inconsistency in earnings, a RS Rating of 39 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 60 indicates it belongs to a fair industry group of Steel-Producers and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Steel Authority of India (SAIL) Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 26,24624,02930,75825,24626,82720,64223,286
Operating Expenses Qtr Cr 25,51421,72826,42721,83519,81014,07917,133
Operating Profit Qtr Cr 7332,3014,3313,4107,0176,5646,153
Depreciation Qtr Cr 1,1831,1941,1441,0491,0561,0261,158
Interest Qtr Cr 506374440316439503540
Tax Qtr Cr -1302627924881,4491,2951,165
Net Profit Qtr Cr -3867762,4181,4434,3043,8503,444

Steel Authority Of India (Sail) Technicals

EMA & SMA

Current Price
88.1
1.35 (1.56%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 83.37
  • 50 Day
  • 81.8
  • 100 Day
  • 81.52
  • 200 Day
  • 84.95
  • 20 Day
  • 84
  • 50 Day
  • 80.83
  • 100 Day
  • 79.53
  • 200 Day
  • 83.97

Steel Authority Of India (Sail) Resistance and Support

PIVOT
₹86.57
Resistance
First Resistance 87.64
Second Resistance 88.52
Third Resistance 89.59
RSI 62.16
MFI 54.6
MACD Single Line 0.8
MACD 1.02
Support
First Resistance 85.69
Second Resistance 84.62
Third Resistance 83.74

Steel Authority Of India (Sail) Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 21,379,956 801,106,951 37.47
Week 21,504,441 749,429,769 34.85
1 Month 22,945,949 792,782,546 34.55
6 Month 25,046,121 678,499,422 27.09

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. 103473.32 Cr. and Equity Capital is Rs. 4130.53 Cr. for the Year ended 31/03/2022. 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 36,369
Sales 106,279
Shares in Float 144.57
No of funds 243
Yield 10.09
Book Value 0.69
U/D Vol ratio 1.4
LTDebt / Equity 16
Alpha -0.1
Beta 1.52

Steel Authority of India (SAIL)

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 65%65%65%
Mutual Funds 3.19%2.59%3.67%
Insurance Companies 6.18%6.18%6.39%
Foreign Portfolio Investors 4.31%4.22%4.58%
Financial Institutions/ Banks 0.01%0.01%0.11%
Individual Investors 18.2%18.72%16.65%
Others 3.11%3.28%3.6%

Steel Authority of India (SAIL) Management

Name Designation
Ms. Soma Mondal Chairman
Mr. Vijendla Srinivasa Chakravarthy Director
Mr. Atanu Bhowmick Director
Mr. Brijendra Pratap Singh Director
Mr. Anil Kumar Tulsiani Director - Finance
Mr. Anirban Dasgupta Director
Mr. Amarendu Prakash Director
Mr. Krishna Kumar Singh Director
Mr. Arvind Kumar Singh Director
Mrs. Sukriti Likhi Government Director
Mr. Abhijit Narendra Government Director
Mr. N Shankarappa Independent Director
Mr. Ashok Kumar Tripathy Independent Director
Mr. Kanhaiya Sarda Independent Director
Mrs. Neelam Sonker Independent Director
Mr. Sagi Kasi Viswanatha Raju Independent Director
Dr. Gopal Singh Bhati Independent Director
Prof. (Dr) K Jayaprasad Independent 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
2022-11-10 Quarterly Results
2022-08-10 Quarterly Results
2022-05-23 Audited Results & Final Dividend
2022-03-16 Second Interim Dividend
2022-02-09 Quarterly Results
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)
SBI Balanced Advantage Fund Regular Growth 23785
Kotak Equity Arbitrage Fund Growth 22082
Nippon India Multi Cap Fund - Growth 14025
Nippon India Growth Fund - Growth 13510
Nippon India Large Cap Fund - Growth 12534

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 ₹88 As on 05 December, 2022 | 16:11

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

The Market Cap of Steel Authority of India (SAIL) is ₹36389.9 Cr As on 05 December, 2022 | 16:11

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

The P/E ratio of Steel Authority of India (SAIL) is 8.1 As on 05 December, 2022 | 16:11

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

The PB ratio of Steel Authority of India (SAIL) is 0.7 As on 05 December, 2022 | 16:11

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.

Q2FY23