Steel Authority of India Limited, a steel-making company, manufactures and sells iron and steel products in India and internationally.
Steel Authority of India Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹115.45|
|52 Week High||₹33.15|
|52 Week Low||₹151.30|
|1 Month Change||6.75%|
|3 Month Change||-11.02%|
|1 Year Change||227.98%|
|3 Year Change||77.75%|
|5 Year Change||122.88%|
|Change since IPO||220.69%|
Recent News & Updates
Steel Authority of India Limited's (NSE:SAIL) Intrinsic Value Is Potentially 55% Above Its Share Price
How far off is Steel Authority of India Limited ( NSE:SAIL ) from its intrinsic value? Using the most recent financial...
Steel Authority of India (NSE:SAIL) Shareholders Will Want The ROCE Trajectory To Continue
What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
I Ran A Stock Scan For Earnings Growth And Steel Authority of India (NSE:SAIL) Passed With Ease
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Does Steel Authority of India (NSE:SAIL) Have A Healthy Balance Sheet?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
|SAIL||IN Metals and Mining||IN Market|
Return vs Industry: SAIL exceeded the Indian Metals and Mining industry which returned 123.7% over the past year.
Return vs Market: SAIL exceeded the Indian Market which returned 61% over the past year.
Stable Share Price: SAIL is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: SAIL's weekly volatility (7%) has been stable over the past year.
About the Company
Steel Authority of India Limited, a steel-making company, manufactures and sells iron and steel products in India and internationally. It offers rails, long rails, blooms, billets, slabs, channels, joists, angles, TMT rebars, wire rods, crane rails, plates, pig iron, and coal chemicals; narrow slabs; wheels and axles; and plate mill plates, HR plates, HR coils, CR sheets/coils, plain and corrugated galvanized sheets, ERW pipes, spiral weld pipes, and CRNO. The company also provides GP and GC sheets, galvanized steel, HRPO, bars and rebars, Z-bars, MS Arch, cold-rolled stainless steel, hot rolled carbon and stainless-steel products, micro-alloyed carbon steel, and alloy steel squares and rounds.
Steel Authority of India Fundamentals Summary
|SAIL fundamental statistics|
Is SAIL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SAIL income statement (TTM)|
|Cost of Revenue||₹290.32b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 29, 2021
|Earnings per share (EPS)||22.45|
|Net Profit Margin||11.49%|
How did SAIL perform over the long term?See historical performance and comparison
2.4%Current Dividend Yield
Is Steel Authority of India undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SAIL (₹116.5) is trading below our estimate of fair value (₹182.81)
Significantly Below Fair Value: SAIL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SAIL is good value based on its PE Ratio (5.2x) compared to the Indian Metals and Mining industry average (12.2x).
PE vs Market: SAIL is good value based on its PE Ratio (5.2x) compared to the Indian market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: SAIL's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: SAIL is good value based on its PB Ratio (1.1x) compared to the IN Metals and Mining industry average (1.7x).
How is Steel Authority of India forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SAIL's earnings are forecast to decline over the next 3 years (-20.2% per year).
Earnings vs Market: SAIL's earnings are forecast to decline over the next 3 years (-20.2% per year).
High Growth Earnings: SAIL's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SAIL's revenue (0.6% per year) is forecast to grow slower than the Indian market (13% per year).
High Growth Revenue: SAIL's revenue (0.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SAIL's Return on Equity is forecast to be high in 3 years time
How has Steel Authority of India performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SAIL has high quality earnings.
Growing Profit Margin: SAIL's current net profit margins (11.5%) are higher than last year (1.4%).
Past Earnings Growth Analysis
Earnings Trend: SAIL has become profitable over the past 5 years, growing earnings by 73.7% per year.
Accelerating Growth: SAIL's earnings growth over the past year (1071.4%) exceeds its 5-year average (73.7% per year).
Earnings vs Industry: SAIL earnings growth over the past year (1071.4%) exceeded the Metals and Mining industry 129.5%.
Return on Equity
High ROE: SAIL's Return on Equity (20.4%) is considered high.
How is Steel Authority of India's financial position?
Financial Position Analysis
Short Term Liabilities: SAIL's short term assets (₹321.8B) do not cover its short term liabilities (₹465.0B).
Long Term Liabilities: SAIL's short term assets (₹321.8B) exceed its long term liabilities (₹273.4B).
Debt to Equity History and Analysis
Debt Level: SAIL's debt to equity ratio (78.4%) is considered high.
Reducing Debt: SAIL's debt to equity ratio has reduced from 89.6% to 78.4% over the past 5 years.
Debt Coverage: SAIL's debt is well covered by operating cash flow (65.9%).
Interest Coverage: SAIL's interest payments on its debt are well covered by EBIT (6.4x coverage).
What is Steel Authority of India current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SAIL's dividend (2.4%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: SAIL's dividend (2.4%) is in the top 25% of dividend payers in the Indian market (1.41%)
Stability and Growth of Payments
Stable Dividend: SAIL's dividend payments have been volatile in the past 10 years.
Growing Dividend: SAIL's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (12.5%), SAIL's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. A. V. Kamlakar serves as Chief Executive Officer of IISCO Steel Plant at Steel Authority of India Ltd and was its Chief Executive Officer of Durgapur Steel Plant & Alloy Steels Plant. He has Additional...
Experienced Management: SAIL's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Experienced Board: SAIL's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Steel Authority of India Limited's employee growth, exchange listings and data sources
- Name: Steel Authority of India Limited
- Ticker: SAIL
- Exchange: NSEI
- Founded: 1954
- Industry: Steel
- Sector: Materials
- Market Cap: ₹481.000b
- Shares outstanding: 4.13b
- Website: https://sail.co.in
Number of Employees
- Steel Authority of India Limited
- Ispat Bhawan
- Lodi Road
- New Delhi
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 12:07|
|End of Day Share Price||2021/10/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.