NSE: SAIL | BSE: 500113

Strong Performer, Under Radar

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132.62 -2.34 (-1.73%)

High volume today

NSE 06 Oct, 2025 3:31 PM (IST)

54,779

Market Cap

High in industry

1.6

Beta 1Year

Very High Volatility

Steel Authority of India (SAIL) Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for SAIL, BSE:500113 Steel Authority of India (SAIL) Ltd.

Steel Authority of India (SAIL) Ltd.

01 Jun 2017

132.62

-1.73%

SAIL - 4QFY17 Result Update

Hold: Steel Authority of India (...

Recommendation Target

Reliance Securities

Despite higher-than-expected exports, Steel Authority of India (SAIL) has reported largely inline numbers in 4QFY17 with its sales volume coming in at 3.45mnT vs. our estimate 3.6mnT. Its reported EBITDA/tonne loss stood at Rs767 vis--vis our estimate of Rs1,100 (loss) largely due to lower employee cost. Due to lower base with Voluntary Retirement Scheme (VRS) and usual superannuation of employees, SAIL's staff cost surprisingly declined by 13.3% YoY and 15% QoQ to Rs6,039/tonne. Realization rose by 23% YoY and 8% QoQ to Rs36,827/tonne (vs. our estimate of Rs36,437) due to higher share of value-added products in overall sales-mix. Looking ahead, though we expect SAIL to start reporting stronger numbers, it seems to have been priced in. Rolling over our estimates to FY19E, we upgrade our recommendation on...

Steel Authority of I.. has an average target of 125.83 from 6 brokers.

Steel Authority of India (SAIL) Ltd.

13 Feb 2017

132.62

-1.73%

Steel Authority of India Ltd Q3FY17 results comment

Results Update: Steel Authority of India (...

HDFC Securities

Revenue grew by 0.81% to Rs. 11168.73 Cr in Q3FY17 when compared to the previous quarter. Also, it rose by 26.84% when compared with Q3FY16.

Steel Authority of I.. has an average target of 125.83 from 6 brokers.

Steel Authority of India (SAIL) Ltd.

13 Feb 2017

132.62

-1.73%

SAIL

Hold: Steel Authority of India (...

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research SAIL's Q3FY17 numbers were above our estimates. The better-thanexpected performance was primarily driven by higher-than-expected realisations. Blended realisations increased ~10% QoQ, higher than our expectation of an increase of ~7% Sales volumes during the quarter came in at 3.3 million tonne (MT), up 13.8% YoY, down 8.3% QoQ marginally higher estimate of 3.2 MT. Gross revenues were at | 12619.7 crore. After adjusting for excise, net revenues were at | 11298.2 crore, up 26.4% YoY, 0.6% QoQ and...

Number of FII/FPI investors increased from 233 to 288 in Jun 2025 qtr.

Steel Authority of India (SAIL) Ltd.

13 Feb 2017

132.62

-1.73%

SAIL - 3QFY17 Result Update

Sell: Steel Authority of India (...

Reliance Securities

Higher Raw Material Cost & Lower Volume Dent Margins Steel Authority of India (SAIL) has reported largely in-line numbers in 3QFY17 with sales volume at 3.3mnT as expected, despite higher-than-expected exports. It posted an EBITDA/tonne loss of Rs130 (lower than our estimate of Rs185 loss) with the usage of domestic coking coal rising to 20% in 3QFY17 from 14% in 3QFY16. Further, lowcost coking coal inventory led to decline in average cost of coking coal to Rs13,195/ tonne vs. international comparative cost of ~Rs 15,000/tonne assuming the same blend. Realization rose by 11% YoY and 9% QoQ to Rs34,237/tonne (vs. our estimate of Rs34,747) due to higher share of exports in the overall sales-mix. However, with an...

Steel Authority of I.. has an average target of 125.83 from 6 brokers.

Steel Authority of India (SAIL) Ltd.

12 Dec 2016

132.62

-1.73%

SAIL

Hold: Steel Authority of India (...

Target

ICICI Securities Limited

Steel Authority of India (SAIL) Ltd. is trading at high day volume of 31.6M.

Steel Authority of India (SAIL) Ltd.

09 Dec 2016

132.62

-1.73%

SAIL - 2QFY17 Result Update

Sell: Steel Authority of India (...

Recommendation

Reliance Securities

Volumes surprise positively; Lower costs save the day Steel Authority of India Ltd (SAIL) reported decent numbers during the quarter under review. Sales volume at 3.56mn tonnes was considerably higher than our estimate of 2.9mn tonnes, largely due to higher exports. The company posted an EBITDA/tonne of Rs313 (our estimate loss of Rs368), the same was largely aided by adoption of IND-AS, which led to downward revision of many costs due to capitalization effect. Realization at Rs31,497/tonne fell 8% yoy and 5% qoq and was only marginally lower than our estimate of Rs31,843. EBITDA at Rs1.1bbn was aided by lower costs. SAIL reported an adjusted...

Steel Authority of I.. has an average target of 125.83 from 6 brokers.

Is Steel Authority of India (SAIL) Ltd. worth buying?

1840 Votes:

Buy 78.37%

Sell 10.49%

Hold 11.14%

RESEARCH REPORTS

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Hold SEE REPORTS >

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