SAIL

Steel Authority of India (SAIL) Share Price

₹126.73
-2.65 (-2.05%)
  • Advice
  • Hold
09 September, 2024 13:50 BSE: 500113 NSE: SAIL ISIN: INE114A01011

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Steel Authority of India (SAIL) Performance

Day Range

  • Low 126
  • High 129
₹ 126

52 Week Range

  • Low 82
  • High 175
₹ 126
  • Open Price129
  • Previous Close129
  • Volume14981944

Steel Authority of India (SAIL) Chart

  • Over 1 Month -8.04%
  • Over 3 Month -17.25%
  • Over 6 Month -9.03%
  • Over 1 Year + 27.81%

Steel Authority of India (SAIL) Key Statistics

P/E Ratio 17.8
PEG Ratio 0.2
Market Cap Cr
Price to Book Ratio 0.9
EPS 7.9
Dividend 1.2
Relative Strength Index 39.9
Money Flow Index 46.68
MACD Signal -2.93
Average True Range 3.95

Steel Authority Of India (Sail) Investment Rating

  • Master Rating:
  • Steel Auth.Of Ida. (Nse) has an operating revenue of Rs. 105,017.04 Cr. on a trailing 12-month basis. An annual revenue growth of 1% is not great, Pre-tax margin of 3% needs improvement, ROE of 5% is fair but needs improvement. The company has a reasonable debt to equity of 26%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. It is currently FORMING a base in its weekly chart and is trading around 26% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 42 which is a POOR score indicating inconsistency in earnings, a RS Rating of 29 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C which is evident from recent supply seen, Group Rank of 136 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 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
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 23,99827,95823,34529,71424,35829,131
Operating Expenses Qtr Cr 21,77824,48321,20525,84522,71026,217
Operating Profit Qtr Cr 2,2193,4752,1403,8691,6472,914
Depreciation Qtr Cr 1,4021,3561,3211,3261,2751,364
Interest Qtr Cr 691642614605613517
Tax Qtr Cr 431712945652430
Net Profit Qtr Cr 111,0113311,2411501,049
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 106,523105,802
Operating Expenses Annual Cr 94,24396,423
Operating Profit Annual in Cr 11,1328,024
Depreciation Cr 5,2774,963
Interest Annual Cr 2,4742,037
Tax Annual Cr 955734
Net Profit Annual Cr 2,7331,903
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 2,933-5,406
Cash from Investing Activity Annual Cr -4,280-3,234
Cash from Financing Annual Activity Cr 1,3548,587
Net Cash Flow Annual Cr 7-53
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 54,13152,139
Fixed Assets Annual Cr 78,54878,415
Total Non Current Assets Annual Cr 89,65085,316
Total Current Assets Annual Cr 47,88242,399
Total Assets Annual Cr 137,532127,715
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 131126
ROE Annual % 54
ROCE Annual % 86
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 129
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 23,99827,95923,34929,71224,35929,131
Operating Expenses Qtr Cr 21,77824,47621,20625,83722,71026,207
Operating Profit Qtr Cr 2,2203,4832,1423,8751,6492,924
Depreciation Qtr Cr 1,4021,3561,3211,3271,2751,365
Interest Qtr Cr 691642614605613517
Tax Qtr Cr 1631614046476403
Net Profit Qtr Cr 821,1264231,3062121,159
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 106,445105,398
Operating Expenses Annual Cr 94,22996,408
Operating Profit Annual in Cr 11,1498,039
Depreciation Cr 5,2784,964
Interest Annual Cr 2,4742,037
Tax Annual Cr 995716
Net Profit Annual Cr 3,0672,177
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 2,911-5,290
Cash from Investing Activity Annual Cr -4,261-3,371
Cash from Financing Annual Activity Cr 1,3628,587
Net Cash Flow Annual Cr 12-74
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 57,10154,747
Fixed Assets Annual Cr 78,56778,434
Total Non Current Assets Annual Cr 92,57187,851
Total Current Assets Annual Cr 48,13842,630
Total Assets Annual Cr 140,709130,481
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 138133
ROE Annual % 54
ROCE Annual % 85
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 129

Steel Authority of India (SAIL) Technicals

EMA & SMA

Current Price
₹126.73
-2.65 (-2.05%)
pointer
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 16
  • 20 Day
  • ₹133.91
  • 50 Day
  • ₹139.31
  • 100 Day
  • ₹140.97
  • 200 Day
  • ₹133.45
  • 20 Day
  • ₹131.98
  • 50 Day
  • ₹141.23
  • 100 Day
  • ₹149.35
  • 200 Day
  • ₹134.87

Steel Authority of India (SAIL) Resistance and Support

PIVOT
₹129.88
Resistance
First Resistance 131.45
Second Resistance 133.53
Third Resistance 135.10
RSI 39.90
MFI 46.68
MACD Single Line -2.93
MACD -2.73
Support
First Support 127.80
Second Support 126.23
Third Supoort 124.15

Steel Authority of India (SAIL) Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 18,590,418 488,927,993 26.3
Week 15,186,985 540,049,187 35.56
1 Month 21,668,891 765,778,596 35.34
6 Month 38,562,119 1,254,040,113 32.52

Steel Authority of India (SAIL) Result Highlights

Steel Authority of India (SAIL) Synopsis

NSE-Steel-Producers

Steel Authority is involved in the business activities of Manufacture of basic iron and steel. Company’s Total Operating Revenue is Rs. 104447.36 Cr. and Equity Capital is Rs. 4130.53 Cr. for the Year ended 31/03/2023. 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 53,441
Sales 105,015
Shares in Float 144.57
No of funds 219
Yield 1.55
Book Value 0.99
U/D Vol ratio 0.8
LTDebt / Equity 27
Alpha -0.14
Beta 2.45

Steel Authority of India (SAIL) Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 65%65%65%65%
Mutual Funds 6.37%6.2%5.18%3.9%
Insurance Companies 9.15%9.42%10.24%10.66%
Foreign Portfolio Investors 3.01%3.18%4.34%3.69%
Financial Institutions/ Banks 0.01%0.01%0.02%
Individual Investors 13.92%13.5%12.97%14.34%
Others 2.55%2.69%2.26%2.39%

Steel Authority of India (SAIL) Management

Name Designation
Mr. Amarendu Prakash 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. Krishna Kumar Singh Director
Mr. Arvind Kumar Singh Director
Mrs. Sukriti Likhi Government Director
Mr. Abhijit Narendra Government 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
2024-08-08 Quarterly Results
2024-07-25 Others Inter alia, to consider and approve the Issue of Non-convertible Bonds/Debenturs through Private Placement. per share(10%)Interim Dividend
2024-05-20 Audited Results & Final Dividend
2024-02-12 Quarterly Results & Interim Dividend
2023-11-10 Quarterly Results
Date Purpose Remarks
2024-02-20 INTERIM Rs.1.00 per share(10%)Interim Dividend
2023-09-20 FINAL Rs.0.50 per share(5%)Final Dividend
2023-03-24 INTERIM Rs.1.00 per share(10%)Interim Dividend
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

About Steel Authority of India (SAIL)

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.

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 ₹126 As on 09 September, 2024 | 13:36

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

The Market Cap of Steel Authority of India (SAIL) is ₹52346.1 Cr As on 09 September, 2024 | 13:36

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

The P/E ratio of Steel Authority of India (SAIL) is 17.8 As on 09 September, 2024 | 13:36

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

The PB ratio of Steel Authority of India (SAIL) is 0.9 As on 09 September, 2024 | 13:36

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. You can also use our mobile app for account opening.

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. 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.

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