More about Steel Authority of India Limited
Fundamentals for Steel Authority of India Limited
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Fundamentals for Steel Authority of India Limited
Business Operations:
Sector: Basic MaterialsIndustry: Steel
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 and pipes; semis; structural and TMT bars; galvanized products; wire rods, plate mill plates, and wheels and axles; hot rolled and cold rolled products; and stainless and electrical steel products. 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.
Revenue projections:
SAIL is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.
Financial Ratios:
| currentRatio | 0.846000 |
|---|---|
| forwardPE | 13.864429 |
| debtToEquity | 57.763000 |
| earningsGrowth | -0.535000 |
| revenueGrowth | 0.082000 |
| grossMargins | 0.477040 |
| operatingMargins | 0.040250 |
| trailingEps | 6.180000 |
| forwardEps | 10.749090 |
SAIL's Forward PE ratio suggests that the stock is priced appropriately in relation to its earnings. Not being overpriced, it offers room for growth, signaling potential upside for investors looking for a stock with reasonable valuation and growth potential.
SAIL's low earnings and revenue growth point to a potential decline in profits. This signals a downturn in financial performance, suggesting that the company might face challenges in maintaining its current level of profitability.
Steel Authority of India Limited's negative gross and operating margins suggest the company is not generating profit from either its production process or day-to-day operations. This could signal cost overruns or difficulties in maintaining revenue levels.
SAIL's forward EPS is higher than its trailing EPS, suggesting the company is expected to see an increase in profitability this year. This points to positive growth, indicating that SAIL is projected to improve its financial performance compared to the previous year.
Price projections:
Price projections for SAIL have consistently been revised upward, suggesting that analysts are increasingly optimistic about the company's performance. This trend reflects a positive outlook for SAIL's future.
Recommendation changes over time:
A recent sell bias for SAIL from analysts suggests caution for investors. However, decisions should be grounded in a diverse set of market indicators, ensuring that a wider perspective is considered before making any moves regarding the stock's performance and potential risks.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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