Steel Authority of India Limited
Steel Authority of India Limited (SAIL) financial statements and selected valuation metrics from NSE/BSE exchange filings through 30 June 2026.
Commodities›Metals & Mining›Ferrous Metals›Iron & Steel
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Price as of 2026-09-02
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Share price
NSE closing price from historical market data.
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Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · NSE preferred when both exchanges report the same period · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 29,712 Cr | 23,349 Cr | 27,959 Cr | 23,998 Cr | 24,675 Cr | 24,490 Cr | 29,316 Cr | 25,922 Cr | 26,704 Cr | 27,371 Cr | 30,813 Cr | 26,246 Cr |
| Operating expenses (approx.) | 25,837 Cr | 21,206 Cr | 24,476 Cr | 21,778 Cr | 21,762 Cr | 22,460 Cr | 25,832 Cr | 23,153 Cr | 24,176 Cr | 25,077 Cr | 26,405 Cr | 22,093 Cr |
| EBITDA | 3,875 Cr | 2,142 Cr | 3,483 Cr | 2,220 Cr | 2,913 Cr | 2,030 Cr | 3,484 Cr | 2,769 Cr | 2,528 Cr | 2,294 Cr | 4,409 Cr | 4,153 Cr |
| OPM % | 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 income | 146 Cr | 144 Cr | 313 Cr | 177 Cr | 167 Cr | 234 Cr | 298 Cr | 162 Cr | 206 Cr | 175 Cr | 352 Cr | 206 Cr |
| Interest | 605 Cr | 614 Cr | 642 Cr | 691 Cr | 758 Cr | 680 Cr | 664 Cr | 595 Cr | 484 Cr | 547 Cr | 532 Cr | 493 Cr |
| Depreciation | 1,327 Cr | 1,321 Cr | 1,356 Cr | 1,402 Cr | 1,304 Cr | 1,421 Cr | 1,524 Cr | 1,441 Cr | 1,453 Cr | 1,516 Cr | 1,577 Cr | 1,560 Cr |
| Profit before tax | 1,770 Cr | 563 Cr | 1,441 Cr | 98 Cr | 1,173 Cr | 323 Cr | 1,657 Cr | 968 Cr | 556 Cr | 480 Cr | 2,502 Cr | 2,187 Cr |
| Tax % | 26.2% | 24.8% | 21.9% | 16.6% | 23.5% | 56.1% | 24.5% | 23.1% | 24.7% | 22.0% | 26.6% | 24.8% |
| Net profit | 1,306 Cr | 423 Cr | 1,126 Cr | 82 Cr | 897 Cr | 142 Cr | 1,251 Cr | 745 Cr | 419 Cr | 374 Cr | 1,835 Cr | 1,644 Cr |
| EPS (₹) | ₹3.16 | ₹1.02 | ₹2.73 | ₹0.20 | ₹2.17 | ₹0.34 | ₹3.03 | ₹1.80 | ₹1.01 | ₹0.91 | ₹4.44 | ₹3.98 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2019BSE balance sheet (this exchange's own filing had none for this period) | Mar 2020BSE balance sheet (this exchange's own filing had none for this period) | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 66,974 Cr | 61,664 Cr | 69,114 Cr | 1,03,477 Cr | 1,04,448 Cr | 1,05,378 Cr | 1,02,479 Cr | 1,10,811 Cr | Sign in for TTM |
| Operating expenses (approx.) | 57,212 Cr | 51,448 Cr | 56,375 Cr | 82,135 Cr | 96,408 Cr | 94,229 Cr | 91,833 Cr | 98,811 Cr | Sign in for TTM |
| EBITDA | 9,762 Cr | 10,216 Cr | 12,739 Cr | 21,342 Cr | 8,039 Cr | 11,149 Cr | 10,646 Cr | 12,000 Cr | Sign in for TTM |
| OPM % | 14.6% | 16.6% | 18.4% | 20.6% | 7.7% | 10.6% | 10.4% | 10.8% | Sign in for TTM |
| Other income | 495 Cr | 906 Cr | 861 Cr | 859 Cr | 950 Cr | 1,067 Cr | 875 Cr | 894 Cr | Sign in for TTM |
| Interest | 3,155 Cr | 3,487 Cr | 2,817 Cr | 1,698 Cr | 2,037 Cr | 2,474 Cr | 2,793 Cr | 2,158 Cr | Sign in for TTM |
| Depreciation | 3,385 Cr | 3,756 Cr | 4,103 Cr | 4,275 Cr | 4,964 Cr | 5,278 Cr | 5,651 Cr | 5,988 Cr | Sign in for TTM |
| Profit before tax | 3,549 Cr | 3,302 Cr | 7,206 Cr | 16,292 Cr | 2,892 Cr | 4,062 Cr | 3,252 Cr | 4,506 Cr | Sign in for TTM |
| Tax % | 33.8% | 35.8% | 42.4% | 24.8% | 24.8% | 24.5% | 27.1% | 25.1% | Sign in for TTM |
| Net profit | 2,349 Cr | 2,121 Cr | 4,148 Cr | 12,243 Cr | 2,177 Cr | 3,067 Cr | 2,372 Cr | 3,373 Cr | Sign in for TTM |
| EPS (₹) | ₹5.69 | ₹5.13 | ₹10.04 | ₹29.64 | ₹5.27 | ₹7.42 | ₹5.74 | ₹8.17 | Sign in for TTM |
| Dividend payout % | — | — | — | 25.0% | 61.7% | 20.2% | 17.4% | 19.6% | Sign in for TTM |
Trailing twelve months totals and margin rows
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2019BSE balance sheet (this exchange's own filing had none for this period) | Mar 2020BSE balance sheet (this exchange's own filing had none for this period) | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 4,131 Cr | 4,131 Cr | 4,131 Cr | 4,131 Cr | 4,131 Cr | 4,131 Cr | 4,131 Cr | 4,131 Cr |
| Reserves | 35,516 Cr | 37,380 Cr | 41,276 Cr | 50,081 Cr | 50,616 Cr | 52,971 Cr | 54,775 Cr | 56,225 Cr |
| Borrowings | 41,434 Cr | 51,201 Cr | — | — | 25,662 Cr | 36,323 Cr | 36,934 Cr | 31,928 Cr |
| Other liabilities | 36,872 Cr | 34,217 Cr | 73,840 Cr | 65,897 Cr | 50,073 Cr | 47,285 Cr | 40,531 Cr | 43,613 Cr |
| Total liabilities | 1,17,952 Cr | 1,26,928 Cr | 1,19,246 Cr | 1,20,109 Cr | 1,30,481 Cr | 1,40,709 Cr | 1,36,371 Cr | 1,35,896 Cr |
| Fixed assets (net) | 59,922 Cr | 65,384 Cr | — | — | 67,111 Cr | 65,415 Cr | 65,061 Cr | 64,710 Cr |
| CWIP | 16,014 Cr | 8,753 Cr | — | — | 4,891 Cr | 6,141 Cr | 7,206 Cr | 10,552 Cr |
| Investments | 2,976 Cr | 3,242 Cr | — | — | 9,097 Cr | 4,590 Cr | 4,977 Cr | 4,340 Cr |
| Loans & advances | 54 Cr | 50 Cr | — | — | 35 Cr | 28 Cr | 23 Cr | 21 Cr |
| Inventories | 19,510 Cr | 23,836 Cr | — | — | 27,765 Cr | 32,721 Cr | 29,151 Cr | 23,553 Cr |
| Trade receivables | 4,497 Cr | 8,845 Cr | — | — | 5,390 Cr | 8,355 Cr | 7,610 Cr | 6,507 Cr |
| Cash & bank | 66 Cr | 191 Cr | — | — | 57 Cr | 69 Cr | 292 Cr | 29 Cr |
| Other assets | 14,913 Cr | 16,627 Cr | 1,19,246 Cr | 1,20,109 Cr | 16,135 Cr | 23,388 Cr | 22,051 Cr | 26,185 Cr |
| Total assets | 1,17,952 Cr | 1,26,928 Cr | 1,19,246 Cr | 1,20,109 Cr | 1,30,481 Cr | 1,40,709 Cr | 1,36,371 Cr | 1,35,896 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2019BSE balance sheet (this exchange's own filing had none for this period) | Mar 2020BSE balance sheet (this exchange's own filing had none for this period) | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | — | — | — | 30,987 Cr | -5,290 Cr | 2,911 Cr | 10,023 Cr | 19,039 Cr |
| Cash from investing | — | — | — | -3,976 Cr | -3,371 Cr | -4,261 Cr | -5,377 Cr | -7,899 Cr |
| Cash from financing | — | — | — | -27,398 Cr | 8,587 Cr | 1,362 Cr | -4,424 Cr | -11,403 Cr |
| Net cash flow | — | — | — | -387 Cr | -74 Cr | 12 Cr | 222 Cr | -263 Cr |
| Free cash flow (OCF − Capex) | — | — | — | 27,321 Cr | -9,221 Cr | -1,800 Cr | 3,802 Cr | 10,281 Cr |
Ratios
Ratios as reported or derived per annual period.
| Metric | Mar 2019BSE balance sheet (this exchange's own filing had none for this period) | Mar 2020BSE balance sheet (this exchange's own filing had none for this period) | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| ROCE % | 16.9% | 16.4% | 22.1% | 33.2% | 6.1% | 7.0% | 6.3% | 7.2% |
| ROE % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 4.0% | 5.6% |
| Debtor days | 24 | 52 | — | — | 19 | 29 | 27 | 21 |
| Inventory days | 219 | 296 | — | — | 163 | 207 | 216 | 193 |
| Days payable | 81 | 79 | — | — | 84 | 97 | 78 | 89 |
| Cash conversion cycle | 162 | 270 | — | — | 97 | 139 | 165 | 125 |
| Debt / equity | 1.05 | 0.00 | 0.00 | 0.00 | 0.47 | 0.64 | 0.63 | 0.53 |
| Current ratio | 0.78 | 0.91 | — | — | 0.77 | 0.90 | 0.91 | 0.82 |
| Net debt / EBITDA | 0.00 | 0.00 | 0.00 | 0.00 | 3.18 | 3.25 | 3.44 | 2.66 |
Compare with peers
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