āagman

Not investment advice. Data and computed figures, for information only.

Steel Authority of India Ltd

NSE: SAILF&O
₹170.29
+₹0.29 (+0.17%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹70,859 Cr
CMP
₹170.29
52-wk High / Low
₹210 / 124
P/E
14.7
P/B
1.2
Book Value
₹146.0
Div Yield
1.37%
ROCE
8.0%
ROE
6.6%
Face Value
₹10
D/E
0.53

Price+28.8% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
8
/ 9
8 of 9 F-score tests passed
Graham Number
₹164
√(22.5 × EPS × book value per share)
ROIC
5.0%
vs 10.6% sector median
Cash flow to profit
5.64
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+514
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
5.2%
ROE × earnings retention ratio
ROE stability
7.2
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +2.08DII −1.53
Latest quarter vs the previous one
Cash-accrual divergence
−11.5%
of assets
Low = accruals track cash flow
Strengths
+Price trades above its 200-day moving average (1.0x)
+FII holding rose by 2.4pp over the last year
+Piotroski F-Score of 8/9 is in the strong band (≥7)
+PE of 14.7x is below the sector median of 19.8x
Watch-outs
−Latest ROCE of 8% trails the sector median of 16%

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales24,35929,71223,34927,95923,99824,67524,49029,31625,92226,70427,37130,81326,246
Expenses22,71025,83721,20624,47621,77821,76222,46025,83223,15324,17625,07726,40522,093
Operating Profit1,6493,8752,1423,4832,2202,9132,0303,4842,7692,5282,2944,4094,153
OPM %6.8%13.0%9.2%12.5%9.3%11.8%8.3%11.9%10.7%9.5%8.4%14.3%15.8%
Other Income527−174355−43−28322393362235−3424820287
Interest613605614642691758680664595484547532493
Depreciation1,2751,3271,3211,3561,4021,3041,4211,5241,4411,4531,5161,5771,560
Profit before tax2881,7705631,441981,1733231,6579685564802,5022,187
Net Profit2121,3064231,126828971421,2517454193741,8351,644
EPS (₹)0.513.161.022.730.202.170.343.031.801.010.914.443.98

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales46,03238,79344,21057,49666,97361,66469,1141,03,4771,04,4481,05,3781,02,4791,10,8111,11,135
Expenses41,21741,62844,09452,78857,16751,40056,33782,11496,41094,22991,78998,69297,751
Operating Profit4,815−2,8341154,7089,80710,26412,77621,3638,03811,14910,69012,11913,384
OPM %10.5%−7.3%0.3%8.2%14.6%16.6%18.5%20.6%7.7%10.6%10.4%10.9%12.0%
Other Income8924253786542832801,3499021,8566651,006532503
Interest1,5552,3002,5282,8233,1553,4872,8171,6982,0372,4742,7932,1582,057
Depreciation1,9072,4042,6823,0663,3853,7564,1034,2754,9645,2785,6515,9886,107
Profit before tax2,245−7,114−4,716−5273,5493,3027,20616,2922,8924,0623,2524,5065,724
Net Profit1,939−4,176−2,756−2812,3492,1214,14812,2432,1773,0672,3723,3734,272
EPS (₹)4.93−10.11−6.67−0.685.695.1310.0429.645.277.425.748.1710.34

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital4,1314,1314,1314,1314,1314,1314,1314,1314,1314,1314,1314,131—
Reserves39,64136,02132,91232,81635,51637,38041,27650,08150,61652,97154,77556,225—
Borrowings32,14635,14141,39645,40945,17054,12737,67717,28430,77336,32336,93431,928—
Other Liabilities26,93226,23429,40533,33933,38531,56035,00748,88545,26247,59840,87843,941—
Total Liabilities1,02,8491,01,5271,07,8431,15,6941,18,2011,27,1981,18,0901,20,3811,30,7821,41,0221,36,7181,36,224—
Fixed Assets39,01145,94250,30058,62561,37469,03467,61873,67773,54372,42673,32775,989—
CWIP29,32824,92723,27518,39516,0148,7538,8814,7104,8916,1417,20610,552—
Investments612,2802,4752,6292,9753,2403,4423,7574,1854,5894,9764,339—
Other Assets34,45028,37731,79236,04437,83846,17038,14938,23748,16357,86751,20945,344—
Total Assets1,02,8491,01,5271,07,8431,15,6941,18,2011,27,1981,18,0901,20,3811,30,7821,41,0221,36,7181,36,224—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity6,3132,5794,0432,1606,1647,215−61823,43030,987−5,2902,9119,91419,039
Cash from Investing Activity−7,488−6,292−4,805−5,467−6,480−3,694−4,261−3,295−3,976−3,371−4,261−5,268−7,899
Cash from Financing Activity1,0173,7757433,302269−3,5495,003−19,808−27,3988,5871,362−4,424−11,403
Net Cash Flow−15863−20−5−47−28125328−387−7412222−263

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %5.05.0−6.0−2.03.09.08.011.024.06.08.07.08.0
ROE %————————————6.6
EPS (₹)6.424.93−10.11−6.67−0.685.695.1310.0429.645.277.425.748.17
Book Value (₹)————————————146.0
Face Value (₹)————————————10
P/E————————————14.7
Div Yield %————————————1.37
NPM %5.74.1−10.6−6.2−0.53.53.45.911.72.02.92.33.0
OPM %9.010.0−7.00.38.015.017.018.021.08.011.010.011.0
D/E0.600.730.881.121.231.141.300.830.320.560.640.630.53
P/B————————————1.2

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+11.0%
5 years+10.0%
3 years+2.0%
TTM+6.0%
Compounded profit growth
10 years+11.0%
5 years−1.0%
3 years+26.0%
TTM+59.0%
Stock price CAGR
10 years+14.0%
5 years+8.0%
3 years+24.0%
Last year+30.0%
Return on equity
10 years7.0%
5 years9.0%
3 years6.0%
Last year7.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters75.00%75.00%75.00%75.00%75.00%65.00%65.00%65.00%65.00%65.00%65.00%65.00%
FIIs4.26%4.26%4.24%4.10%2.91%4.32%4.58%4.69%3.18%3.21%5.01%7.09%
DIIs16.61%16.61%16.15%14.90%14.58%16.63%10.24%12.40%15.86%15.75%18.40%16.87%
Government0.00%0.00%0.04%0.05%0.06%0.07%0.00%0.00%0.00%0.00%0.00%0.00%
Public4.13%4.13%4.57%5.95%7.45%13.99%20.18%17.91%15.96%16.05%11.58%11.05%
No. of shareholders3,74,0493,74,0493,58,8483,59,8533,96,4495,33,05114,66,89015,21,98816,43,07320,46,32615,72,36115,09,426
Change since Jun 2023 (pp)
Promoters −10.00FIIs +2.83DIIs +0.26Public +6.92

Documents

As of 11 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-Credit RatingAnnouncement under Regulation 30 (LODR)-Change in ManagementClosure of Trading WindowShareholder Meeting / Postal Ballot-Scrutinizer''s ReportSAIL And BCCL Sign Mou Agreement To Boost Domestic Coal Production.
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Sep 2026PPTAug 2026TranscriptAug 2026PPTAug 2026RecordingJul 2026PPTMay 2026TranscriptMay 2026PPTMay 2026RecordingFeb 2026TranscriptFeb 2026PPT

Corporate actions

As of 30 Sep 2026
30 Sep 2026DIVIDENDDividend - Rs 2.35 Per Share—
8 Sep 2025DIVIDENDDividend - Rs 1.60 Per Share—
19 Sep 2024DIVIDENDDividend - Re 1 Per Share—
20 Feb 2024DIVIDENDInterim Dividend - Re 1 Per Share—
20 Sep 2023DIVIDENDDividend - Re 0.50 Per Share—
24 Mar 2023DIVIDENDInterim Dividend - Re 1 Per Share—
28 Jul 2022DIVIDENDDividend - Rs 2.25 Per Share—
28 Mar 2022DIVIDENDInterim Dividend - Rs 2.50 Per Share—
9 Nov 2021DIVIDEND Interim Dividend - Rs 4 Per Sh—
20 Sep 2021DIVIDEND Dividend - Rs 1.80 Per Share—
4 Feb 2021DIVIDEND Interim Dividend - Rs 1.00 Per Share—
22 Aug 2019DIVIDEND Annual General Meeting/Dividend - Rs 0.50 Per Share—
11 Aug 2015DIVIDEND Annual General Meeting/ Dividend - Re 0.25/- Per Share—
18 Feb 2015DIVIDENDInterim Dividend Re 1.75 Per Share/ Change In Rd (Purpose Revised)—
18 Feb 2014DIVIDENDInterim Dividend - Rs 2.02/- Per Share (Purpose Revised)—
2 Aug 2013DIVIDENDAnnual General Meeting / Final Dividend - Re 0.40/- Per Share—
15 Feb 2013DIVIDENDInterim Dividend Rs 1.60 Per Share (Purpose Revised)—
9 Aug 2012DIVIDENDAnnual General Meeting/Dividend Of Rs.0.80 Per Share—
15 Feb 2012DIVIDENDInterim Dividend Rs.1.20 Per Share (Purpose Revised)—
10 Aug 2011DIVIDENDDividend-Rs.1.20 Per Share—
18 Jan 2011DIVIDENDInterim Dividend-Rs.1.20 Per Share (Purpose Revised)—
29 Jul 2010DIVIDENDFinal Dividend-Rs.1.70 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman