Steel Authority of India Limited
NSE: SAILMarket Closed • NSE
Day range
52 week range
Steel Authority of India Limited closed at INR170.95 (+0.39%) on volume 0.43x its 20-day average, trading 18.48% below its 52-week high.
2026-Q2
Q2 FY2026 Financial Results
PAT moved -10.9% QoQ
2026-09-30
DIVIDEND Announced
Dividend - Rs 2.35 Per Share
2025-09-08
DIVIDEND Announced
Dividend - Rs 1.60 Per Share
Revenue and PAT bars use independent scales to make their year-on-year direction readable.
Complete reported financial history · Values use the company's reporting currency
Hover over the chart for exact reported values. Percentage lines use the right-hand axis.
A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.
Strengths
High Cash Flow Conversion: CFO/PAT averaged 5.04x over last 3 years
Attractive Valuation: P/E of 16.5x trades below sector historical averages
Risks
Subject to cyclical raw material and macro industry pressures
Bull case
Market Leadership: Established operational scale in Steel.
Bear case
Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.
Flip condition
Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.
Complete dividend, bonus, split, rights and other action history
| Record date | Corporate action | Information | Announcement date | Ex-date |
|---|---|---|---|---|
| 30 Sept 2026 | Dividend | ₹2.35 / share | — | 30 Sept 2026 |
| 09 Sept 2025 | Dividend | ₹1.60 / share | — | 08 Sept 2025 |
| 19 Sept 2024 | Dividend | ₹1.00 / share | — | 19 Sept 2024 |
| — | Annual General Meeting | Annual General Meeting | — | 19 Sept 2024 |
| 20 Feb 2024 | Dividend | ₹1.00 / share | — | 20 Feb 2024 |
| — | Annual General Meeting | Annual General Meeting | — | 20 Sept 2023 |
| 20 Sept 2023 | Dividend | ₹0.50 / share | — | 20 Sept 2023 |
| 24 Mar 2023 | Dividend | ₹1.00 / share | — | 24 Mar 2023 |
| — | Annual General Meeting | Annual General Meeting | — | 20 Sept 2022 |
| 29 Jul 2022 | Dividend | ₹2.25 / share | — | 28 Jul 2022 |
| 29 Mar 2022 | Dividend | ₹2.50 / share | — | 28 Mar 2022 |
| 10 Nov 2021 | Dividend | ₹4.00 / share | — | 09 Nov 2021 |
| 21 Sept 2021 | Dividend | ₹1.80 / share | — | 20 Sept 2021 |
| — | Annual General Meeting | Annual General Meeting | — | 20 Sept 2021 |
| 06 Feb 2021 | Dividend | ₹1.00 / share | — | 04 Feb 2021 |
| — | Annual General Meeting | Annual General Meeting | — | 14 Oct 2020 |
| — | Dividend | ₹0.50 / share | — | 22 Aug 2019 |
| — | Annual General Meeting | Annual General Meeting | — | 16 Aug 2018 |
| — | Annual General Meeting | Annual General Meeting | — | 21 Aug 2017 |
| — | Annual General Meeting | Annual General Meeting | — | 19 Aug 2016 |
| — | Dividend | ₹0.25 / share | — | 11 Aug 2015 |
| 20 Feb 2015 | Dividend | ₹1.75 / share | — | 18 Feb 2015 |
Traded volume and delivery percentage across the latest 20 sessions
Compare valuation, latest quarterly performance and year-on-year growth
| Company name | Market cap ₹ Cr | P/E ratio | Dividend yield % | Quarterly sales ₹ Cr | Profit after tax ₹ Cr | Sales growth % | Profit growth % |
|---|---|---|---|---|---|---|---|
 UltraTech Cement LimitedULTRACEMCO Open analysis | ₹3.21L | 37.59 | 2.21% | ₹25,799.47 | ₹2,982.76 | +11.86% | +20.17% |
 JSW Steel LimitedJSWSTEEL Open analysis | ₹2.97L | 12.05 | 0.59% | ₹47,364.00 | ₹4,651.00 | +11.55% | +112.96% |
 Hindustan Zinc LimitedHINDZINC Open analysis | ₹2.28L | 13.37 | 2.07% | ₹13,687.00 | ₹5,425.00 | +77.22% | +146.14% |
 Asian Paints LimitedASIANPAINT Open analysis | ₹2.24L | 46.94 | 1.17% | ₹10,541.94 | ₹1,539.25 | +17.94% | +39.96% |
 Tata Steel LimitedTATASTEEL Open analysis | ₹2.19L | 19.83 | 2.27% | ₹60,794.00 | ₹2,385.00 | +14.32% | +18.83% |
 Hindalco Industries LimitedHINDALCO Open analysis | ₹2.02L | 12.32 | 0.56% | ₹84,825.00 | ₹7,013.00 | +32.06% | +75.15% |
 Grasim Industries LimitedGRASIM Open analysis | ₹1.98L | 34.82 | 0.35% | ₹11,794.71 | ₹246.65 | -70.60% | -82.61% |
 Solar Industries India LimitedSOLARINDS Open analysis | ₹1.81L | 90.93 | 0.06% | ₹3,668.00 | ₹666.00 | +70.29% | +88.67% |
Steel Authority of India Limited, a steel-making company, manufactures and sells iron and steel products in India and internationally. The company offers a range of railway products, which include rail, high YS/UTS rail, corrosion-resistant micro-alloyed rail, vanadium alloyed rail, end forged thick web asymmetric rail, high conductivity rail, crane rails, and crossing sleeper bars. It also provides pig iron, cold rolled products, pipes, semis, structurals, sail tmt bars, galvanized products, wirerods, pm plates, railway products, wheels and axles, hot rolled products, stainless steel products, electrical steels, and sail SeQR TMT bars. It serves government organizations, PSUS, private companies, distributors, and resellers. Steel Authority of India Limited was founded in 1954 and is based in New Delhi, India.
IndiaBasic Materials
Is Steel Authority of India Limited Shariah compliant?
Steel Authority of India Limited is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (45.22%) exceeds AAOIFI threshold (≤ 33%).
What is Steel Authority of India Limited's current valuation relative to peers?
Steel Authority of India Limited trades at a P/E of 16.5x compared to the sector median of 21.9x, and a Price-to-Book of 1.2x.
Is the company financially healthy?
The company has a Debt-to-Equity ratio of 0.53x. Interest coverage is 2.8x.
What are the historical revenue and profit growth rates?
Over the past 5 years, revenue compounded at 1.2% while net profit growth averaged 1.9%.
Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.
Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.