Stock SAIL STEEL AUTHORITY OF INDIA LIMITED
Add to a list
To use this feature you must be a member
Log inSign up

Financials Steel Authority of India Limited

Equities

SAIL

INE114A01011

Iron & Steel

Market Closed - NSE India S.E.
Other stock markets
 07:43:49 2024-04-26 am EDT 		5-day change 1st Jan Change
168.6 INR +2.18% Intraday chart for Steel Authority of India Limited +15.41% +36.31%
Apr. 20 Steel Authority of India Limited Appoints Birendra Kumar Tiwary as Director-In-Charge Bokaro Steel Plant CI
Apr. 08 Steel Authority of India Limited Announces Resignation of Smt. Neelam Sonker as Independent Director CI

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 222,016 95,209 325,485 407,063 341,594 696,200 - -
Enterprise Value (EV) 1 634,160 603,584 674,442 534,441 594,233 966,733 933,409 912,063
P/E ratio 10.2 x 4.71 x 8.45 x 3.39 x 17.9 x 24.8 x 18.2 x 14.9 x
Yield 0.93% - 2.28% 8.88% 1.81% 1.3% 1.61% 1.75%
Capitalization / Revenue 0.33 x 0.15 x 0.47 x 0.39 x 0.33 x 0.66 x 0.65 x 0.63 x
EV / Revenue 0.95 x 0.98 x 0.98 x 0.52 x 0.57 x 0.92 x 0.87 x 0.82 x
EV / EBITDA 6.51 x 5.92 x 5.3 x 2.51 x 7.41 x 10 x 7.8 x 7.16 x
EV / FCF 19.1 x -11.3 x 3.45 x 1.97 x -6.11 x 15.2 x 26.6 x 18 x
FCF Yield 5.24% -8.82% 29% 50.7% -16.4% 6.57% 3.77% 5.56%
Price to Book 0.58 x 0.24 x 0.75 x 0.78 x 0.66 x 1.26 x 1.2 x 1.12 x
Nbr of stocks (in thousands) 4,130,525 4,130,525 4,130,525 4,130,525 4,130,525 4,130,525 - -
Reference price 2 53.75 23.05 78.80 98.55 82.70 168.6 168.6 168.6
Announcement Date 5/30/19 7/10/20 6/10/21 5/23/22 5/25/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 669,673 616,606 691,100 1,034,733 1,044,474 1,048,256 1,073,569 1,110,495
EBITDA 1 97,343 101,990 127,280 213,222 80,241 96,554 119,627 127,337
EBIT 1 63,496 64,440 86,260 170,480 30,616 41,947 58,035 65,718
Operating Margin 9.48% 10.45% 12.48% 16.48% 2.93% 4% 5.41% 5.92%
Earnings before Tax (EBT) 1 33,379 31,707 68,790 160,387 26,369 34,676 52,497 61,028
Net income 1 21,788 20,215 38,500 120,150 19,031 27,058 39,464 46,840
Net margin 3.25% 3.28% 5.57% 11.61% 1.82% 2.58% 3.68% 4.22%
EPS 2 5.270 4.890 9.320 29.09 4.610 6.789 9.276 11.29
Free Cash Flow 1 33,225 -53,229 195,686 271,114 -97,210 63,519 35,148 50,702
FCF margin 4.96% -8.63% 28.32% 26.2% -9.31% 6.06% 3.27% 4.57%
FCF Conversion (EBITDA) 34.13% - 153.74% 127.15% - 65.79% 29.38% 39.82%
FCF Conversion (Net income) 152.49% - 508.27% 225.65% - 234.75% 89.06% 108.24%
Dividend per Share 2 0.5000 - 1.800 8.750 1.500 2.194 2.715 2.955
Announcement Date 5/30/19 7/10/20 6/10/21 5/23/22 5/25/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 198,329 232,860 206,424 268,269 - 252,459 307,581 240,286 262,463 250,419 291,306 243,576 264,469 266,841 276,598
EBITDA 1 50,775 61,529 65,636 70,169 135,804 34,104 43,313 23,008 7,326 20,768 29,139 16,471 25,539 28,286 17,973
EBIT 1 - 49,952 55,375 59,613 - 23,617 31,875 11,069 -4,506 8,558 - 3,723 14,807 15,116 3,744
Operating Margin - 21.45% 26.83% 22.22% - 9.35% 10.36% 4.61% -1.72% 3.42% - 1.53% 5.6% 5.66% 1.35%
Earnings before Tax (EBT) 1 36,449 46,085 51,449 57,529 - 19,310 32,100 10,383 -5,156 6,347 14,795 2,022 12,660 7,545 2,966
Net income 1 12,832 34,438 38,500 43,036 - 14,431 24,183 7,763 -3,858 4,635 10,490 1,498 8,198 5,097 723.8
Net margin 6.47% 14.79% 18.65% 16.04% - 5.72% 7.86% 3.23% -1.47% 1.85% 3.6% 0.62% 3.1% 1.91% 0.26%
EPS 2 3.110 - 9.320 10.42 - 3.490 5.850 1.880 -0.9300 1.120 2.540 0.3600 1.550 1.320 0.2000
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 1/29/21 6/10/21 8/6/21 10/29/21 10/29/21 2/9/22 5/23/22 8/10/22 11/10/22 2/13/23 5/25/23 8/10/23 - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 412,145 508,376 348,957 127,378 252,638 270,533 237,209 215,863
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.234 x 4.985 x 2.742 x 0.5974 x 3.149 x 2.802 x 1.983 x 1.695 x
Free Cash Flow 1 33,225 -53,229 195,686 271,114 -97,210 63,519 35,148 50,702
ROE (net income / shareholders' equity) 5.9% 5.19% 9.25% 25.2% 3.65% 4.7% 6.9% 7.72%
ROA (Net income/ Total Assets) 1.89% 1.67% 3.18% 10.3% 1.55% 3.02% 4.3% 4.55%
Assets 1 1,153,138 1,207,675 1,211,289 1,167,370 1,227,312 894,759 917,558 1,030,574
Book Value Per Share 2 92.40 96.30 105.0 126.0 126.0 133.0 141.0 150.0
Cash Flow per Share 2 17.70 -1.570 56.60 - -13.10 29.70 22.70 28.10
Capex 1 39,791 46,723 38,273 38,522 43,145 57,045 61,473 72,417
Capex / Sales 5.94% 7.58% 5.54% 3.72% 4.13% 5.44% 5.73% 6.52%
Announcement Date 5/30/19 7/10/20 6/10/21 5/23/22 5/25/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Steel Authority of India Limited

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Steel

1st Jan change Capi.
STEEL AUTHORITY OF INDIA LIMITED Stock Steel Authority of India Limited
+36.31% 8.35B
NUCOR CORPORATION Stock Nucor Corporation
+0.79% 42.1B
TATA STEEL LIMITED Stock Tata Steel Limited
+18.89% 24.83B
POSCO HOLDINGS INC. Stock POSCO Holdings Inc.
-21.02% 21.75B
STEEL DYNAMICS, INC. Stock Steel Dynamics, Inc.
+13.50% 21.17B
ARCELORMITTAL Stock ArcelorMittal
-7.50% 20.77B
JFE HOLDINGS, INC. Stock JFE Holdings, Inc.
+6.81% 9.44B
CLEVELAND-CLIFFS INC. Stock Cleveland-Cliffs Inc.
-12.44% 8.5B
UNITED STATES STEEL CORPORATION Stock United States Steel Corporation
-23.08% 8.41B
SEVERSTAL Stock Severstal
-.--% 7.47B
Other Steel
  1. Stock Market
  2. Equities
  3. SAIL Stock
  4. Financials Steel Authority of India Limited