Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: 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:

Revenue projections for SAIL
Revenue projections for SAIL

With Steel Authority of India Limited's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.

Financial Ratios:

currentRatio 0.000000
forwardPE 12.738082
debtToEquity 57.763000
earningsGrowth 1.676000
revenueGrowth 0.118000
grossMargins 0.475230
operatingMargins 0.028450
trailingEps 8.170000
forwardEps 16.176690

Steel Authority of India Limited's Forward PE being in a good range suggests that its stock price is aligned well with earnings. The stock is not considered overpriced, offering room for future growth, which makes it an appealing investment opportunity with the potential for value appreciation.
SAIL's positive growth in earnings and revenue suggests the company is on track to expand its business. These indicators highlight a healthy financial performance, with SAIL expected to increase its market presence and profitability.
With SAIL's forward EPS higher than its trailing EPS, the company is expected to be more profitable in the current financial year. This signals confidence in SAIL's growth potential, as improved earnings are forecasted compared to the prior year's performance.

Price projections:

Price projections for SAIL
Price projections for SAIL

Over time, price projections for SAIL have gradually risen, signaling growing optimism about the company's future. This upward revision reflects increasing confidence in SAIL's ability to achieve strong financial results.

Recommendation changes over time:

Recommendations trend for SAIL
Recommendations trend for SAIL


The recent sell bias from analysts on Steel Authority of India Limited suggests investors should be cautious. However, it's a good idea to base decisions on a broader range of market indicators to gain a more complete and accurate view of the stock's potential performance in the near term.