Analyst Rating
based on 24 analysts
4.17%
Buy
25.00%
Hold
70.83%
Sell
Based on 24 analysts offering long term price targets for Steel Authority of India Ltd. An average target of ₹114.17
Source: S&P Global Market Intelligence
Steel Authority of India Ltd Share analysis
Steel Authority of India Ltd price forecast by 24 analysts
Downside of
High
₹165
Target
₹114.17
Low
₹65
Steel Authority of India Ltd target price ₹114.17, a slight downside of -13.46% compared to current price of ₹129.65. According to 24 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Steel Authority of India Ltd revenue growth forecast
Expected growth rate Q1, FY2026:6.02%
Forecast
Actual
Including amortisation and stock based compensations
Steel Authority of India Ltd EPS growth forecast
EPS estimate Q1, FY2026:40.84%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹128.65₹131.8952 Week's Low
52 Week's High
₹81.8₹175.35
| Returns % | |
| 1 Month Return | + 0.46 % |
| 3 Month Return | -14 % |
| 1 Year Return | + 36.15 % |
| Market Stats | |
| Previous Close | ₹131.93 |
| Open | ₹131.65 |
| Volume | 1.07Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹54,494.02Cr |
Key Statistics
| P/E Ratio | 18.56 |
| PEG Ratio | 5.66 |
| Market Cap | ₹54,494.02 Cr |
| P/B Ratio | 1.02 |
| EPS | 7.42 |
| Dividend Yield | 0 |
| Sector | Steel |
| ROE | 6.14 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| ₹54,494.02 Cr | 59% | 0.73 | ₹3,066 Cr | ₹1,05,378 Cr | ||
| HOLD | ₹34,302.77 Cr | 63.85% | 0.53 | ₹1,988 Cr | ₹13,149 Cr | |
| BUY | ₹1,07,389.77 Cr | 180.71% | 0.60 | ₹5,943 Cr | ₹50,354 Cr | |
| ₹2,07,420.91 Cr | 26% | 0.70 | ₹7,759 Cr | ₹28,932 Cr | ||
| BUY | ₹40,224.41 Cr | 204.57% | 0.54 | ₹732 Cr | ₹18,118 Cr |
Company Information
SAIL has several integrated steel plants and special steel plants across India, such as those in Bhilai, Bokaro, Rourkela, Durgapur, and Burnpur. The company operates primarily in India but also exports its products to various international markets. SAIL does not have specific sub-brands but operates through its various plants and units. A notable fact about SAIL is that it is one of the leading steel producers in the world, with a significant share of the Indian steel market. Another interesting fact is that SAIL has undertaken joint ventures and collaborations to enhance its technological capabilities and product offerings.
SAIL is a government-owned entity, with the Ministry of Steel, Government of India. The company has not been heavily involved in mergers and acquisitions but focuses on expanding its production capacity and modernizing its facilities to maintain its competitive edge in the steel industry.
Share Price: ₹129.65 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹54,494.02Cr as of today
Revenue: ₹23,997.81Cr as on June 2024 (Q2 24)
Net Profit: ₹81.78Cr as on June 2024 (Q2 24)
Listing date: 03 Nov, 1994
Chairperson Name: Amarendu Prakash
| Organisation | Steel Authority of India Ltd |
| Headquarters | New Delhi |
| Industry | Steel |
| E-voting on shares | Click here to vote |
Key events for Steel Authority of India Ltd
Steel Stocks Rise After Anti-Subsidy Duty Extension - 12 Sep, 2024
Shares of Steel Authority of India Ltd and other steel companies surged following the government's announcement of a five-year extension of the anti-subsidy duty on imports of welded steel pipes and tubes from China and Vietnam.
Calls for Merger of VSP with SAIL Intensify - 10 Sep, 2024
On September 10, 2024, the Steel Executives Association called for the merger of Visakhapatnam Steel Plant with Steel Authority of India Limited and the withdrawal of the VRS scheme amid ongoing protests against privatization.
SAIL Announces New Consultant Job Vacancies - 06 Sep, 2024
Steel Authority of India Limited (SAIL) and the Odisha Group of Mines (OGoM) have announced 11 new consultant job vacancies, offering a monthly salary of Rs 2,50,000 without a written examination.
SAIL Expands Capacity and Engages in Mineral Mission - 05 Sep, 2024
SAIL is set to double its coal mining capacity in Mozambique while exploring participation in the Critical Mineral Mission to secure essential resources. The company aims to enhance its production capabilities and reduce reliance on imports amid challenging market conditions.
SAIL Invests in CSR Initiatives in West Singhbhum - 31 Aug, 2024
Steel Authority of India Limited (SAIL) has invested Rs. 37.65 crores in Corporate Social Responsibility (CSR) activities in West Singhbhum over the past five years, demonstrating its commitment to community development.
BTL EPC Secures Major Contracts Involving SAIL - 19 Aug, 2024
BTL EPC Ltd has secured contracts worth Rs 413 crore from BHEL and SAIL, including a Rs 96 crore project for equipment replacement at SAIL-Bhilai's by-product plant, expected to complete in 18 months.
Supreme Court Ruling on Mining Tax Impacts SAIL - 14 Aug, 2024
The Supreme Court has declined the retrospective application of state tax and royalty on mines. Steel Authority of India warns this could revive cumulative demands of approximately ₹3,000 crore from various states.
Insights on Steel Authority of India Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 6.20% to 6.37% in Jun 2024 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 15.96% to 16.27% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Jindal Steel & Power Ltd has given 49.9% return, outperforming this stock by 13.8%
- NO EFFECT
Against Peers
In the last 3 years, Jindal Steel & Power Ltd has given 199.8% return, outperforming this stock by 175.1%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 65.00% of holdings in Jun 2024 quarter
NEGATIVE IMPACTRevenue Fall
Revenue is down for the last 2 quarters, 28.41K Cr → 24.28K Cr (in ₹), with an average decrease of 14.6% per quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 1.12K Cr → 81.78 Cr (in ₹), with an average decrease of 92.7% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 months, SAIL stock has moved down by -14.0%
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 3.18% to 3.00% in Jun 2024 quarter
News
Declining Stock and Decent Financials: Is The Market Wrong About Steel Authority of India Limited (NSE:SAIL)?
It is hard to get excited after looking at Steel Authority of India's (NSE:SAIL) recent performance, when its stock has...31 Jul, 2024 06:08 AMMinistry of Steel Unveils Plans for Revival of VISL Visveswaraya Iron & Steel Plant
The Government accorded ‘in principle’ approval for strategic disinvestment of Visveswaraya Iron & Steel Plant (VISP) in October 2016. Subsequently, due to inability expressed by the shortlisted bidders to participate further in the transaction f31 Jul, 2024 01:18 PMSAIL Recruitment 2024: Monthly Salary Up to 160000 Check Post Details Here Apply Now
SAIL is looking for interested and eligible candidates for the post of Consultant (Doctors in Medical Disciplines) for DSP and ASP - 2024.31 Jul, 2024 01:28 PMCompany Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 65% | 0.00 | |
| Foreign Institutions | 3% | ||
| Mutual Funds | 6.37% | 2.70 | |
| Retail Investors | 16.27% | 1.95 | |
| Others | 9.35% |
Key Indicators
Steel Authority of India Ltd Valuation
Steel Authority of India Ltd in the last 5 years
Lowest (2.19x)
June 20, 2022
Today (18.56x)
September 17, 2024
Industry (26.23x)
September 17, 2024
Highest (857.50x)
January 15, 2020
Earnings and Dividends
Steel Authority of India Ltd Earnings Results
Steel Authority of India Ltd’s net profit fell -61.51% since last year same period to ₹81.78Cr in the Q1 2024-2025. On a quarterly growth basis, Steel Authority of India Ltd has generated -92.74% fall in its net profits since last 3-months.
Read More about Earnings ResultsSteel Authority of India Ltd Dividends February,2024
In the quarter ending December 2023, Steel Authority of India Ltd has declared dividend of ₹1 - translating a dividend yield of 1.89%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Steel Authority of India Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Steel Authority of India Ltd (SAIL) share price today is ₹129.65
Steel Authority of India Ltd is listed on NSE
Steel Authority of India Ltd is listed on BSE
- Today’s highest price of Steel Authority of India Ltd is ₹131.89.
- Today’s lowest price of Steel Authority of India Ltd is ₹128.65.
PE Ratio of Steel Authority of India Ltd is 18.56
PE ratio = Steel Authority of India Ltd Market price per share / Steel Authority of India Ltd Earnings per share
Today’s traded volume of Steel Authority of India Ltd(SAIL) is 1.07Cr.
Today’s market capitalisation of Steel Authority of India Ltd(SAIL) is ₹54494.02Cr.
| Steel Authority of India Ltd(SAIL | Price |
|---|---|
52 Week High | ₹175.35 |
52 Week Low | ₹81.8 |
Steel Authority of India Ltd(SAIL) share price is ₹129.65. It is down -26.06% from its 52 Week High price of ₹175.35
Steel Authority of India Ltd(SAIL) share price is ₹129.65. It is up 58.50% from its 52 Week Low price of ₹81.8
| Steel Authority of India Ltd(SAIL | Returns |
|---|---|
1 Day Returns | -2.28% |
1 Month Returns | 0.46% |
3 Month Returns | -14% |
1 Year Returns | 36.15% |