About
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, cold rolled products, pipes, semis, structurals, sail tmt bars, galvanized products, wirerods, pm plates, railway products, wheels and axles, hot rolled products, stainless steel products, electrical steels, and sail SeQR TMT bars. 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.
Key Metrics
as of Sep 2026Market Cap81,703 Cr
P/E16.90
Div Yield1.19 %
Book Value₹146.00
52w High₹210.00
52w Low₹124.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 26,246.00 | 30,813.00 | 27,371.00 | 26,704.00 | 25,922.00 | 29,316.00 | 24,490.00 | 24,675.00 | 23,998.00 | 27,959.00 | 23,349.00 | 29,712.00 | 24,359.00 |
| Expenses | 22,093.00 | 26,405.00 | 25,077.00 | 24,176.00 | 23,153.00 | 25,832.00 | 22,460.00 | 21,762.00 | 21,778.00 | 24,476.00 | 21,206.00 | 25,837.00 | 22,710.00 |
| Operating Profit | 4,153.00 | 4,409.00 | 2,294.00 | 2,528.00 | 2,769.00 | 3,484.00 | 2,030.00 | 2,913.00 | 2,220.00 | 3,483.00 | 2,142.00 | 3,875.00 | 1,649.00 |
| OPM % | 16.00 | 14.00 | 8.00 | 9.00 | 11.00 | 12.00 | 8.00 | 12.00 | 9.00 | 12.00 | 9.00 | 13.00 | 7.00 |
| Other Income | 87.00 | 202.00 | 248.00 | -34.00 | 235.00 | 362.00 | 393.00 | 322.00 | -28.00 | -43.00 | 355.00 | -174.00 | 527.00 |
| Depreciation | 1,560.00 | 1,577.00 | 1,516.00 | 1,453.00 | 1,441.00 | 1,524.00 | 1,421.00 | 1,304.00 | 1,402.00 | 1,356.00 | 1,321.00 | 1,327.00 | 1,275.00 |
| Interest | 493.00 | 532.00 | 547.00 | 484.00 | 595.00 | 664.00 | 680.00 | 758.00 | 691.00 | 642.00 | 614.00 | 605.00 | 613.00 |
| Profit before tax | 2,187.00 | 2,502.00 | 480.00 | 556.00 | 968.00 | 1,657.00 | 323.00 | 1,173.00 | 98.00 | 1,441.00 | 563.00 | 1,770.00 | 288.00 |
| Tax % | 25.00 | 27.00 | 22.00 | 25.00 | 23.00 | 25.00 | 56.00 | 24.00 | 17.00 | 22.00 | 25.00 | 26.00 | 26.00 |
| Net Profit | 1,644.00 | 1,835.00 | 374.00 | 419.00 | 745.00 | 1,251.00 | 142.00 | 897.00 | 82.00 | 1,126.00 | 423.00 | 1,306.00 | 212.00 |
| EPS in Rs | 3.98 | 4.44 | 0.91 | 1.01 | 1.80 | 3.03 | 0.34 | 2.17 | 0.20 | 2.73 | 1.02 | 3.16 | 0.51 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 110,811.00 | 102,479.00 | 105,378.00 | 104,448.00 | 103,477.00 | 69,114.00 | 61,664.00 | 66,973.00 | 57,496.00 | 44,210.00 | 38,793.00 | 46,032.00 |
| Expenses | 98,692.00 | 91,789.00 | 94,229.00 | 96,410.00 | 82,114.00 | 56,337.00 | 51,400.00 | 57,167.00 | 52,788.00 | 44,094.00 | 41,628.00 | 41,217.00 |
| Operating Profit | 12,119.00 | 10,690.00 | 11,149.00 | 8,038.00 | 21,363.00 | 12,776.00 | 10,264.00 | 9,807.00 | 4,708.00 | 115.00 | -2,834.00 | 4,815.00 |
| OPM % | 11.00 | 10.00 | 11.00 | 8.00 | 21.00 | 18.00 | 17.00 | 15.00 | 8.00 | 0.30 | -7.00 | 10.00 |
| Other Income | 532.00 | 1,006.00 | 665.00 | 1,856.00 | 902.00 | 1,349.00 | 280.00 | 283.00 | 654.00 | 378.00 | 425.00 | 892.00 |
| Interest | 2,158.00 | 2,793.00 | 2,474.00 | 2,037.00 | 1,698.00 | 2,817.00 | 3,487.00 | 3,155.00 | 2,823.00 | 2,528.00 | 2,300.00 | 1,555.00 |
| Depreciation | 5,988.00 | 5,651.00 | 5,278.00 | 4,964.00 | 4,275.00 | 4,103.00 | 3,756.00 | 3,385.00 | 3,066.00 | 2,682.00 | 2,404.00 | 1,907.00 |
| Profit before tax | 4,506.00 | 3,252.00 | 4,062.00 | 2,892.00 | 16,292.00 | 7,206.00 | 3,302.00 | 3,549.00 | -527.00 | -4,716.00 | -7,114.00 | 2,245.00 |
| Tax % | 25.00 | 27.00 | 24.00 | 25.00 | 25.00 | 42.00 | 36.00 | 34.00 | -47.00 | -42.00 | -41.00 | 14.00 |
| Net Profit | 3,373.00 | 2,372.00 | 3,067.00 | 2,177.00 | 12,243.00 | 4,148.00 | 2,121.00 | 2,349.00 | -281.00 | -2,756.00 | -4,176.00 | 1,939.00 |
| EPS in Rs | 8.17 | 5.74 | 7.42 | 5.27 | 29.64 | 10.04 | 5.13 | 5.69 | -0.68 | -6.67 | -10.11 | 4.93 |
| Dividend Payout % | 29.00 | 28.00 | 27.00 | 28.00 | 30.00 | 28.00 | 0.00 | 9.00 | 0.00 | 0.00 | 0.00 | 41.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4,131.00 | 4,131.00 | 4,131.00 | 4,131.00 | 4,131.00 | 4,131.00 | 4,131.00 | 4,131.00 | 4,131.00 | 4,131.00 | 4,131.00 | 4,131.00 |
| Reserves | 56,225.00 | 54,775.00 | 52,971.00 | 50,616.00 | 50,081.00 | 41,276.00 | 37,380.00 | 35,516.00 | 32,816.00 | 32,912.00 | 36,021.00 | 39,641.00 |
| Borrowings | 31,928.00 | 36,934.00 | 36,323.00 | 30,773.00 | 17,284.00 | 37,677.00 | 54,127.00 | 45,170.00 | 45,409.00 | 41,396.00 | 35,141.00 | 32,146.00 |
| Other Liabilities | 43,941.00 | 40,878.00 | 47,598.00 | 45,262.00 | 48,885.00 | 35,007.00 | 31,560.00 | 33,385.00 | 33,339.00 | 29,405.00 | 26,234.00 | 26,932.00 |
| Total Liabilities | 136,224.00 | 136,718.00 | 141,022.00 | 130,782.00 | 120,381.00 | 118,090.00 | 127,198.00 | 118,201.00 | 115,694.00 | 107,843.00 | 101,527.00 | 102,849.00 |
| Fixed Assets | 75,989.00 | 73,327.00 | 72,426.00 | 73,543.00 | 73,677.00 | 67,618.00 | 69,034.00 | 61,374.00 | 58,625.00 | 50,300.00 | 45,942.00 | 39,011.00 |
| CWIP | 10,552.00 | 7,206.00 | 6,141.00 | 4,891.00 | 4,710.00 | 8,881.00 | 8,753.00 | 16,014.00 | 18,395.00 | 23,275.00 | 24,927.00 | 29,328.00 |
| Investments | 4,339.00 | 4,976.00 | 4,589.00 | 4,185.00 | 3,757.00 | 3,442.00 | 3,240.00 | 2,975.00 | 2,629.00 | 2,475.00 | 2,280.00 | 61.00 |
| Other Assets | 45,344.00 | 51,209.00 | 57,867.00 | 48,163.00 | 38,237.00 | 38,149.00 | 46,170.00 | 37,838.00 | 36,044.00 | 31,792.00 | 28,377.00 | 34,450.00 |
| Total Assets | 136,224.00 | 136,718.00 | 141,022.00 | 130,782.00 | 120,381.00 | 118,090.00 | 127,198.00 | 118,201.00 | 115,694.00 | 107,843.00 | 101,527.00 | 102,849.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 19,039.00 | 9,914.00 | 2,911.00 | -5,290.00 | 30,987.00 | 23,430.00 | -618.00 | 7,215.00 | 6,164.00 | 2,160.00 | 4,043.00 | 2,579.00 |
| Cash from Investing Activity | -7,899.00 | -5,268.00 | -4,261.00 | -3,371.00 | -3,976.00 | -3,295.00 | -4,261.00 | -3,694.00 | -6,480.00 | -5,467.00 | -4,805.00 | -6,292.00 |
| Cash from Financing Activity | -11,403.00 | -4,424.00 | 1,362.00 | 8,587.00 | -27,398.00 | -19,808.00 | 5,003.00 | -3,549.00 | 269.00 | 3,302.00 | 743.00 | 3,775.00 |
| Net Cash Flow | -263.00 | 222.00 | 12.00 | -74.00 | -387.00 | 328.00 | 125.00 | -28.00 | -47.00 | -5.00 | -20.00 | 63.00 |
| Free Cash Flow | 10,942.00 | 4,537.00 | -1,297.00 | -8,812.00 | 27,557.00 | 20,019.00 | -4,999.00 | 3,335.00 | -441.00 | -3,267.00 | -2,450.00 | -5,038.00 |
| CFO/OP % | 163.00 | 99.00 | 27.00 | -61.00 | 145.00 | 184.00 | -5.00 | 74.00 | 134.00 | 1,863.00 | -132.00 | 65.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 21.00 | 27.00 | 29.00 | 19.00 | 17.00 | 43.00 | 52.00 | 25.00 | 25.00 | 24.00 | 30.00 | 26.00 |
| Inventory Days | 158.00 | 211.00 | 222.00 | 180.00 | 170.00 | 207.00 | 370.00 | 243.00 | 199.00 | 274.00 | 308.00 | 370.00 |
| Days Payable | 72.00 | 75.00 | 103.00 | 92.00 | 143.00 | 107.00 | 97.00 | 89.00 | 87.00 | 90.00 | 82.00 | 77.00 |
| Cash Conversion Cycle | 108.00 | 163.00 | 148.00 | 107.00 | 44.00 | 144.00 | 325.00 | 179.00 | 137.00 | 209.00 | 255.00 | 319.00 |
| Working Capital Days | -27.00 | -17.00 | -20.00 | -41.00 | -39.00 | -78.00 | -24.00 | -51.00 | -87.00 | -172.00 | -137.00 | -68.00 |
| ROCE % | 8.00 | 7.00 | 8.00 | 6.00 | 24.00 | 11.00 | 8.00 | 9.00 | 3.00 | -2.00 | -6.00 | 5.00 |
Corporate Actions
40 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 08 Sep 2025 | 09 Sep 2025 | — | 1.60 | |
| Dividend | 19 Sep 2024 | 19 Sep 2024 | — | 1.00 | |
| Other | 19 Sep 2024 | — | — | — | Annual General Meeting |
| Dividend | 20 Feb 2024 | 20 Feb 2024 | — | 1.00 | |
| Dividend | 20 Sep 2023 | 20 Sep 2023 | — | 0.50 | |
| Other | 20 Sep 2023 | — | — | — | Annual General Meeting |
| Dividend | 24 Mar 2023 | 24 Mar 2023 | — | 1.00 | |
| Other | 20 Sep 2022 | — | — | — | Annual General Meeting |
| Dividend | 28 Jul 2022 | 29 Jul 2022 | — | 2.25 | |
| Dividend | 28 Mar 2022 | 29 Mar 2022 | — | 2.50 | |
| Dividend | 09 Nov 2021 | 10 Nov 2021 | — | 4.00 | |
| Dividend | 20 Sep 2021 | 21 Sep 2021 | — | 1.80 | |
| Other | 20 Sep 2021 | — | — | — | Annual General Meeting |
| Dividend | 04 Feb 2021 | 06 Feb 2021 | — | 1.00 | |
| Other | 14 Oct 2020 | — | — | — | Annual General Meeting |
| Dividend | 22 Aug 2019 | — | — | 0.50 | |
| Other | 16 Aug 2018 | — | — | — | Annual General Meeting |
| Other | 21 Aug 2017 | — | — | — | Annual General Meeting |
| Other | 19 Aug 2016 | — | — | — | Annual General Meeting |
| Dividend | 11 Aug 2015 | — | — | 0.25 | |
| Dividend | 18 Feb 2015 | 20 Feb 2015 | — | 1.75 | |
| Other | 08 Aug 2014 | — | — | — | Annual General Meeting |
| Dividend | 18 Feb 2014 | 20 Feb 2014 | — | 2.02 | |
| Dividend | 02 Aug 2013 | — | — | 0.40 | |
| Dividend | 15 Feb 2013 | 18 Feb 2013 | — | 1.60 | |
| Dividend | 09 Aug 2012 | — | — | 0.80 | |
| Other | 09 Aug 2012 | — | — | — | Annual General Meeting/Dividend Of Rs.0.80 Per Share |
| Dividend | 15 Feb 2012 | 18 Feb 2012 | — | 1.20 | |
| Dividend | 10 Aug 2011 | — | — | 1.20 | |
| Dividend | 18 Jan 2011 | 19 Jan 2011 | — | 1.20 | |
| Dividend | 29 Jul 2010 | — | — | 1.70 | |
| Dividend | 01 Feb 2010 | 02 Feb 2010 | — | 1.60 | |
| Dividend | 30 Jul 2009 | — | — | 1.30 | |
| Dividend | 30 Jan 2009 | 02 Feb 2009 | — | 1.30 | |
| Dividend | 31 Jul 2008 | — | — | 1.80 | |
| Dividend | 01 Feb 2008 | 04 Feb 2008 | — | 1.90 | |
| Dividend | 08 Aug 2007 | — | — | 1.50 | |
| Dividend | 01 Feb 2007 | 03 Feb 2007 | — | 1.60 | |
| Dividend | 10 Aug 2006 | — | — | 0.75 | |
| Dividend | 11 Aug 2005 | — | — | 1.80 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update2d from fitch
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Rating update7 Oct 2025 from care
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Rating update8 Oct 2024 from care
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Rating update4 Sep 2024 from fitch
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Rating update28 Aug 2024 from care
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Rating update27 Oct 2023 from care