Steel Authority of India's (NSE:SAIL) Solid Earnings Have Been Accounted For Conservatively
Nov 06
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Indian (NIFTY) Steel Industry Analysis
UpdatedNov 06, 2025
DataAggregated Company Financials
Companies167
- 7D-1.9%
- 3M6.9%
- 1Y8.1%
- YTDn/a
Last week, the Steel industry hasn't moved much but Steel Authority of India is up 4.6% in that time. As for the the longer term, the industry is up 10% over the past 12 months. As for the next few years, earnings are expected to grow by 33% per annum.
Industry Valuation and Performance
Has the Indian Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 06 Nov 2025 | ₹13.1t | ₹8.6t | ₹421.1b | 23.3x | 31.2x | 1.5x |
| Sat, 04 Oct 2025 | ₹13.1t | ₹8.5t | ₹405.4b | 25.1x | 32.4x | 1.5x |
| Mon, 01 Sep 2025 | ₹11.9t | ₹8.5t | ₹405.4b | 23.1x | 29.4x | 1.4x |
| Wed, 30 Jul 2025 | ₹12.2t | ₹8.5t | ₹382.6b | 22.5x | 31.9x | 1.4x |
| Fri, 27 Jun 2025 | ₹12.2t | ₹8.4t | ₹361.2b | 23.8x | 33.9x | 1.5x |
| Sun, 25 May 2025 | ₹11.9t | ₹8.4t | ₹354.2b | 21.2x | 33.5x | 1.4x |
| Tue, 22 Apr 2025 | ₹11.2t | ₹8.4t | ₹359.5b | 20.5x | 31.3x | 1.3x |
| Thu, 20 Mar 2025 | ₹11.4t | ₹8.4t | ₹359.6b | 19.9x | 31.8x | 1.4x |
| Sat, 15 Feb 2025 | ₹10.4t | ₹8.4t | ₹358.1b | 20x | 29.1x | 1.2x |
| Mon, 13 Jan 2025 | ₹11.2t | ₹8.3t | ₹386.4b | 24x | 28.9x | 1.3x |
| Wed, 11 Dec 2024 | ₹12.3t | ₹8.3t | ₹386.0b | 27.3x | 31.9x | 1.5x |
| Fri, 08 Nov 2024 | ₹12.0t | ₹8.4t | ₹399.3b | 24.5x | 29.9x | 1.4x |
| Sun, 06 Oct 2024 | ₹12.6t | ₹8.5t | ₹362.0b | 24.4x | 34.7x | 1.5x |
| Tue, 03 Sep 2024 | ₹11.8t | ₹8.5t | ₹363.6b | 24x | 32.5x | 1.4x |
| Thu, 01 Aug 2024 | ₹12.0t | ₹8.5t | ₹356.1b | 24.9x | 33.8x | 1.4x |
| Sat, 29 Jun 2024 | ₹12.1t | ₹8.4t | ₹369.2b | 25.1x | 32.7x | 1.4x |
| Mon, 27 May 2024 | ₹11.9t | ₹8.5t | ₹402.7b | 22.1x | 29.6x | 1.4x |
| Wed, 24 Apr 2024 | ₹11.1t | ₹8.4t | ₹419.9b | 23.6x | 26.5x | 1.3x |
| Fri, 22 Mar 2024 | ₹10.1t | ₹8.4t | ₹419.9b | 21.7x | 24.2x | 1.2x |
| Sun, 18 Feb 2024 | ₹10.4t | ₹8.4t | ₹419.6b | 23.3x | 24.8x | 1.2x |
| Tue, 16 Jan 2024 | ₹10.3t | ₹8.7t | ₹351.2b | 23.5x | 29.2x | 1.2x |
| Thu, 14 Dec 2023 | ₹9.9t | ₹8.7t | ₹351.4b | 22.2x | 28.1x | 1.1x |
| Sat, 11 Nov 2023 | ₹8.9t | ₹8.6t | ₹332.1b | 19.4x | 26.7x | 1x |
| Mon, 09 Oct 2023 | ₹8.8t | ₹8.6t | ₹339.2b | 18.7x | 26x | 1x |
| Wed, 06 Sep 2023 | ₹9.1t | ₹8.6t | ₹338.8b | 18.4x | 27x | 1.1x |
| Fri, 04 Aug 2023 | ₹8.2t | ₹8.5t | ₹336.1b | 16.2x | 24.5x | 1x |
| Sun, 02 Jul 2023 | ₹7.5t | ₹8.5t | ₹390.4b | 14.8x | 19.2x | 0.9x |
| Tue, 30 May 2023 | ₹6.9t | ₹8.4t | ₹395.0b | 14.7x | 17.5x | 0.8x |
| Thu, 27 Apr 2023 | ₹6.9t | ₹8.3t | ₹534.8b | 14.5x | 12.8x | 0.8x |
| Sat, 25 Mar 2023 | ₹6.5t | ₹8.4t | ₹517.1b | 13.1x | 12.6x | 0.8x |
| Mon, 20 Feb 2023 | ₹6.7t | ₹8.4t | ₹517.5b | 13.6x | 13x | 0.8x |
| Wed, 18 Jan 2023 | ₹6.9t | ₹8.4t | ₹720.1b | 14.7x | 9.5x | 0.8x |
| Fri, 16 Dec 2022 | ₹6.6t | ₹8.4t | ₹721.3b | 13.5x | 9.1x | 0.8x |
| Sun, 13 Nov 2022 | ₹6.3t | ₹7.2t | ₹739.6b | 12.9x | 8.5x | 0.9x |
Price to Earnings Ratio
8.5x
Current Industry PE
- Investors are optimistic on the Indian Steel industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 31.1x which is higher than its 3-year average PE of 25.7x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Steel industry have declined 20% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Indian Steel compare with similar industries?
| IN Market | -0.94% | |
| Materials | -1.76% | |
| Metals and Mining | -1.96% | |
| Steel | -1.85% | |
| Gold | -0.35% | |
| Diversified Metals and Mining | -1.60% | |
| Aluminum | -2.74% | |
| Copper | -5.38% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| JINDALSTEL Jindal Steel | ₹1.08k | 0.9% +₹10.3b | 13.5% | PE40.2x | |
| GALLANTT Gallantt Ispat | ₹559.30 | 4.3% +₹5.5b | 70.0% | PE29.8x | |
| 532144 Welspun | ₹924.95 | 2.0% +₹4.8b | 19.6% | PE11.3x | |
| 533047 Indian Metals and Ferro Alloys | ₹1.23k | 6.3% +₹3.9b | 72.3% | PE20.1x | |
| 512455 Lloyds Metals and Energy | ₹1.32k | 0.5% +₹3.8b | 29.7% | PE45.4x |
