Market Cap ₹48575 Cr.
Stock P/E 15.8
P/B 0.8
Current Price ₹117.6
Book Value ₹ 139.4
Face Value 10
52W High ₹175.7
Dividend Yield 1.7%
52W Low ₹ 107.5
Steel Authority of India Limited is an India-based company, that's engaged normally in steel manufacturing business in the country. The Company's segments include Bokaro Steel Plant, IISCO Steel Plant, AlloySteels Plant, Salem Steel Plant, Visvesvaraya Iron & Steel Plant,Bhilai Steel Plant, Durgapur Steel Plant, Rourkela Steel Plant, and Others. It manufactures and sells a variety of steel products, which includes pig iron, cold rolled merchandise, pipes, semis, structurals, TMT, galvanised merchandise, bars, rods, rebars, plates, railway merchandise, wheels and axles, hot rolled merchandise, stainless steel products, electric steels, SAIL SeQR TMT Bars and SAIL Nex. It produces iron and metal at approximately five plants and about 3 unique metallic plant, placed principally in the eastern and important regions of India. The Company's subsidiaries are SAIL Refractory Company Ltd and Chhattisgarh Mega Steel Ltd.
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 24029 | 26246 | 25042 | 29131 | 24359 | 29712 | 23349 | 27959 | 23998 | 24675 |
| Other Income | 171 | 396 | 98 | 286 | 464 | 146 | 144 | 313 | 177 | 167 |
| Total Income | 24200 | 26642 | 25140 | 29416 | 24823 | 29858 | 23492 | 28272 | 24175 | 24842 |
| Total Expenditure | 21727 | 25511 | 22964 | 26207 | 22710 | 25837 | 21206 | 24476 | 21778 | 21762 |
| Operating Profit | 2472 | 1131 | 2177 | 3210 | 2113 | 4021 | 2286 | 3796 | 2397 | 3080 |
| Interest | 374 | 506 | 640 | 517 | 613 | 605 | 614 | 642 | 691 | 758 |
| Depreciation | 1194 | 1183 | 1221 | 1365 | 1275 | 1327 | 1321 | 1356 | 1402 | 1304 |
| Exceptional Income / Expenses | 0 | 0 | 298 | -40 | 0 | -415 | 76 | -502 | -312 | 0 |
| Profit Before Tax | 904 | -559 | 613 | 1288 | 225 | 1675 | 428 | 1296 | -9 | 1018 |
| Provision for Tax | 243 | -113 | 184 | 403 | 76 | 464 | 140 | 316 | 16 | 276 |
| Profit After Tax | 661 | -446 | 430 | 885 | 149 | 1211 | 288 | 980 | -25 | 742 |
| Adjustments | 143 | 116 | 112 | 274 | 63 | 95 | 135 | 145 | 107 | 155 |
| Profit After Adjustments | 805 | -329 | 542 | 1159 | 212 | 1306 | 423 | 1126 | 82 | 897 |
| Adjusted Earnings Per Share | 1.9 | -0.8 | 1.3 | 2.8 | 0.5 | 3.2 | 1 | 2.7 | 0.2 | 2.2 |
| #(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 46938 | 46103 | 39098 | 44502 | 57560 | 66974 | 61664 | 69114 | 103477 | 104448 | 105378 | 99981 |
| Other Income | 977 | 1004 | 529 | 449 | 415 | 495 | 906 | 861 | 859 | 950 | 1067 | 801 |
| Total Income | 47915 | 47107 | 39628 | 44951 | 57975 | 67468 | 62570 | 69974 | 104335 | 105398 | 106445 | 100781 |
| Total Expenditure | 42742 | 41400 | 42001 | 44435 | 52924 | 57212 | 51448 | 56375 | 82135 | 96408 | 94229 | 89222 |
| Operating Profit | 5172 | 5707 | -2373 | 517 | 5051 | 10256 | 11122 | 13599 | 22200 | 8990 | 12216 | 11559 |
| Interest | 1047 | 1555 | 2300 | 2528 | 2823 | 3155 | 3487 | 2817 | 1698 | 2037 | 2474 | 2705 |
| Depreciation | 1836 | 1907 | 2404 | 2682 | 3066 | 3385 | 3756 | 4103 | 4275 | 4964 | 5278 | 5383 |
| Exceptional Income / Expenses | 1056 | 0 | 0 | -217 | 26 | -389 | -772 | 58 | -353 | 258 | -841 | -738 |
| Profit Before Tax | 3346 | 2245 | -7114 | -4716 | -527 | 3549 | 3302 | 7206 | 16292 | 2892 | 4062 | 2733 |
| Provision for Tax | 693 | 306 | -2938 | -1960 | -245 | 1201 | 1181 | 3058 | 4048 | 716 | 995 | 748 |
| Profit After Tax | 2652 | 1939 | -4177 | -2756 | -281 | 2349 | 2121 | 4148 | 12243 | 2177 | 3067 | 1985 |
| Adjustments | -0 | 96 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 542 |
| Profit After Adjustments | 2652 | 2035 | -4177 | -2756 | -281 | 2349 | 2121 | 4148 | 12243 | 2177 | 3067 | 2528 |
| Adjusted Earnings Per Share | 6.4 | 4.9 | -10.1 | -6.7 | -0.7 | 5.7 | 5.1 | 10 | 29.6 | 5.3 | 7.4 | 6.1 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 1% | 15% | 9% | 8% |
| Operating Profit CAGR | 36% | -4% | 4% | 9% |
| PAT CAGR | 41% | -10% | 5% | 1% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 3% | 3% | 23% | 4% |
| ROE Average | 5% | 11% | 10% | 4% |
| ROCE Average | 7% | 12% | 11% | 6% |
| #(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 43285 | 43771 | 40151 | 37042 | 36947 | 39646 | 41510 | 45406 | 54212 | 54747 | 57101 |
| Minority's Interest | 0 | -317 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 14133 | 15715 | 17496 | 19087 | 29777 | 30803 | 34560 | 19726 | 11742 | 10850 | 14803 |
| Other Non-Current Liabilities | 7683 | 8183 | 3296 | 1272 | 1137 | 3020 | 3870 | 7616 | 14812 | 15550 | 15339 |
| Total Current Liabilities | 28768 | 35281 | 38689 | 46365 | 43432 | 41617 | 45036 | 45249 | 39362 | 49457 | 53874 |
| Total Liabilities | 93869 | 102634 | 99632 | 103766 | 111293 | 115086 | 124977 | 117998 | 120128 | 130604 | 141118 |
| Fixed Assets | 28175 | 39011 | 45942 | 50299 | 58625 | 61373 | 69033 | 67617 | 73676 | 73542 | 72425 |
| Other Non-Current Assets | 38253 | 34462 | 29401 | 27779 | 22905 | 21319 | 14747 | 19445 | 17593 | 18948 | 20146 |
| Total Current Assets | 27440 | 29159 | 24269 | 25676 | 29763 | 32382 | 41169 | 30919 | 28844 | 38084 | 48532 |
| Total Assets | 93869 | 102634 | 99632 | 103766 | 111293 | 115086 | 124977 | 117998 | 120128 | 130604 | 141118 |
| #(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 452 | 293 | 165 | 145 | 141 | 94 | 66 | 191 | 518 | 132 | 57 |
| Cash Flow from Operating Activities | 6313 | 2579 | 4043 | 2160 | 6164 | 7215 | -618 | 23430 | 30987 | -5290 | 2911 |
| Cash Flow from Investing Activities | -7489 | -6292 | -4805 | -5467 | -6480 | -3694 | -4261 | -3295 | -3976 | -3371 | -4261 |
| Cash Flow from Financing Activities | 1017 | 3775 | 743 | 3302 | 269 | -3549 | 5003 | -19808 | -27398 | 8587 | 1362 |
| Net Cash Inflow / Outflow | -158 | 63 | -20 | -5 | -47 | -28 | 125 | 328 | -387 | -74 | 12 |
| Closing Cash & Cash Equivalent | 293 | 356 | 145 | 141 | 94 | 66 | 191 | 518 | 132 | 57 | 69 |
| # | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 6.42 | 4.93 | -10.11 | -6.67 | -0.68 | 5.69 | 5.13 | 10.04 | 29.64 | 5.27 | 7.42 |
| CEPS(Rs) | 10.87 | 9.31 | -4.29 | -0.18 | 6.74 | 13.88 | 14.23 | 19.98 | 39.99 | 17.29 | 20.2 |
| DPS(Rs) | 2 | 2 | 0 | 0 | 0 | 0.5 | 0 | 2.8 | 8.75 | 1.5 | 2 |
| Book NAV/Share(Rs) | 104.78 | 105.89 | 97.21 | 89.68 | 89.45 | 95.98 | 100.5 | 109.93 | 131.25 | 132.54 | 138.24 |
| Core EBITDA Margin(%) | 7.96 | 9.11 | -6.61 | 0.13 | 7.86 | 14.58 | 16.57 | 18.43 | 20.62 | 7.48 | 10.32 |
| EBIT Margin(%) | 8.33 | 7.36 | -10.96 | -4.39 | 3.89 | 10.01 | 11.01 | 14.5 | 17.39 | 4.58 | 6.05 |
| Pre Tax Margin(%) | 6.35 | 4.35 | -16.19 | -9.46 | -0.89 | 5.3 | 5.35 | 10.43 | 15.74 | 2.69 | 3.76 |
| PAT Margin (%) | 5.03 | 3.76 | -9.51 | -5.53 | -0.48 | 3.51 | 3.44 | 6 | 11.83 | 2.02 | 2.84 |
| Cash Profit Margin (%) | 8.51 | 7.45 | -4.03 | -0.15 | 4.72 | 8.56 | 9.53 | 11.94 | 15.96 | 6.64 | 7.73 |
| ROA(%) | 2.94 | 1.97 | -4.13 | -2.71 | -0.26 | 2.08 | 1.77 | 3.41 | 10.28 | 1.74 | 2.26 |
| ROE(%) | 6.25 | 4.46 | -9.96 | -7.14 | -0.76 | 6.13 | 5.23 | 9.55 | 24.58 | 4 | 5.48 |
| ROCE(%) | 6.58 | 5.23 | -6.37 | -2.85 | 2.86 | 8.02 | 7.52 | 11.22 | 23.28 | 6.28 | 7.3 |
| Receivable days | 34.76 | 30.9 | 26.59 | 22.29 | 21.06 | 22.8 | 39.49 | 44.92 | 22.82 | 17.24 | 23.22 |
| Inventory Days | 109.12 | 118.04 | 136.02 | 111.5 | 101.39 | 99.56 | 128.29 | 103.43 | 61.56 | 80.33 | 102.19 |
| Payable days | 58.03 | 71.1 | 80.27 | 78.92 | 83.44 | 90.69 | 103.91 | 95.37 | 105.87 | 99.27 | 99.63 |
| PER(x) | 11.12 | 13.87 | 0 | 0 | 0 | 9.44 | 4.49 | 7.85 | 3.32 | 15.75 | 18.07 |
| Price/Book(x) | 0.68 | 0.65 | 0.44 | 0.68 | 0.78 | 0.56 | 0.23 | 0.72 | 0.75 | 0.63 | 0.97 |
| Dividend Yield(%) | 2.8 | 2.93 | 0 | 0 | 0 | 0.93 | 0 | 3.55 | 8.88 | 1.81 | 1.49 |
| EV/Net Sales(x) | 1.12 | 1.25 | 1.34 | 1.49 | 1.29 | 1 | 1.02 | 1 | 0.55 | 0.62 | 0.86 |
| EV/Core EBITDA(x) | 10.12 | 10.12 | -22.14 | 128.34 | 14.66 | 6.54 | 5.68 | 5.11 | 2.58 | 7.17 | 7.45 |
| Net Sales Growth(%) | 4.37 | -1.78 | -15.19 | 13.82 | 29.34 | 16.35 | -7.93 | 12.08 | 49.72 | 0.94 | 0.89 |
| EBIT Growth(%) | 2.01 | -13.5 | -226.68 | 54.55 | 204.95 | 191.98 | 1.26 | 47.65 | 79.49 | -72.6 | 32.57 |
| PAT Growth(%) | 13.88 | -26.9 | -315.41 | 34.01 | 89.79 | 934.65 | -9.71 | 95.6 | 195.16 | -82.22 | 40.9 |
| EPS Growth(%) | 13.87 | -23.26 | -305.2 | 34.01 | 89.79 | 934.61 | -9.71 | 95.6 | 195.16 | -82.22 | 40.9 |
| Debt/Equity(x) | 0.6 | 0.74 | 0.88 | 1.12 | 1.23 | 1.14 | 1.3 | 0.83 | 0.32 | 0.56 | 0.64 |
| Current Ratio(x) | 0.95 | 0.83 | 0.63 | 0.55 | 0.69 | 0.78 | 0.91 | 0.68 | 0.73 | 0.77 | 0.9 |
| Quick Ratio(x) | 0.42 | 0.32 | 0.25 | 0.21 | 0.29 | 0.31 | 0.38 | 0.34 | 0.24 | 0.21 | 0.29 |
| Interest Cover(x) | 4.2 | 2.44 | -2.09 | -0.87 | 0.81 | 2.12 | 1.95 | 3.56 | 10.6 | 2.42 | 2.64 |
| Total Debt/Mcap(x) | 0.88 | 1.14 | 1.98 | 1.64 | 1.57 | 2.04 | 5.69 | 1.16 | 0.42 | 0.9 | 0.66 |
| # | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 |
| FII | 4.22 | 4.31 | 4.34 | 4.69 | 3.82 | 3.68 | 4.34 | 3.18 | 3 | 2.82 |
| DII | 8.88 | 9.39 | 10.72 | 12.4 | 13.63 | 14.61 | 15.46 | 15.86 | 15.72 | 16.03 |
| Public | 21.91 | 21.3 | 19.94 | 17.91 | 17.55 | 16.71 | 15.2 | 15.96 | 16.28 | 16.15 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 268.47 | 268.47 | 268.47 | 268.47 | 268.47 | 268.47 | 268.47 | 268.47 | 268.47 | 268.47 |
| FII | 17.42 | 17.82 | 17.91 | 19.37 | 15.78 | 15.22 | 17.93 | 13.13 | 12.41 | 11.65 |
| DII | 36.66 | 38.78 | 44.28 | 51.2 | 56.29 | 60.35 | 63.86 | 65.5 | 64.93 | 66.22 |
| Public | 90.49 | 87.96 | 82.37 | 74 | 72.5 | 69.01 | 62.78 | 65.94 | 67.23 | 66.7 |
| Others | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Total | 413.05 | 413.05 | 413.05 | 413.05 | 413.05 | 413.05 | 413.05 | 413.05 | 413.05 | 413.05 |
Pros
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Sell or Purchase Share (Tentative Price)
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
You May Also Know About
