NSE: SAIL | BSE: 500113

Strong Performer, Under Radar

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118.05 -0.65 (-0.55%)

32.68% Fall from 52W High

6.6M NSE+BSE Volume

NSE 03 Apr, 2025 10:38 AM (IST)

48,760.9

Market Cap

High in industry

1.9

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.

11 Feb 2022

118.05

-0.55%

Results ahead of estimates; debt reduction continues

Buy: Steel Authority of India (...

Target

Motilal Oswal

Revenue at INR252b (YoY/QoQ: +27%/-6%) was 7% higher than our estimate of INR237b driven by 6% beat on ASP and 1% beat on sales volume. Reported EBITDA for the quarter was at INR34.1b translating into an EBITDA/t of INR8,881 (down 27% YoY, down 46% QoQ). However, there are...

Steel Authority of I.. has an average target of 118.00 from 6 brokers.

Steel Authority of India (SAIL) Ltd.

11 Feb 2022

118.05

-0.55%

Result Update:S A I L

Buy: Steel Authority of India (...

Target

Axis Direct

We maintain a BUY rating on the stock and value it at 4.0x FY24E EBITDA to arrive at a target price of Rs 125/share (Rs 150/share earlier), implying an upside of 21% from the CMP.

Steel Authority of I.. has an average target of 118.00 from 6 brokers.

Steel Authority of India (SAIL) Ltd.

12 Jan 2022

118.05

-0.55%

Initiating Coverage:S A I L

Buy: Steel Authority of India (...

Axis Direct

We initiate coverage with a BUY rating, and in line with its 3Y average, value the company at 4.0x FY24E EBITDA to arrive at our 1 year forward target price of Rs 150/share, implying an upside potential of 44% from the CMP.

Steel Authority of India (SAIL) Ltd. is trading above its 150 day SMA of 117.7

Steel Authority of India (SAIL) Ltd.

13 Dec 2021

118.05

-0.55%

Expect demand revival in 4Q

Buy: Steel Authority of India (...

Target

Motilal Oswal

This quarter was impacted by several factors, seasonal and non-seasonal, resulting in lower-than-anticipated demand. The correction in international steel prices has been the key reason for poor demand as buyers have deferred purchases. Most of the buyers are waiting sideways and ordering only on an absolute requirement basis; no restocking demand is observed....

Steel Authority of I.. has an average target of 118.00 from 6 brokers.

Steel Authority of India (SAIL) Ltd.

01 Nov 2021

118.05

-0.55%

Steel Authority of India: Q2FY22 Result Review

Buy: Steel Authority of India (...

Target

IDBI Capital

SAIL's Q2FY22 result was ahead of our expectations; Its EBITDA/tonne jumped 2.7x YoY to Rs16,395 backed by strong improvement in realizations. Overall, EBITDA increased to Rs70 bn compared to EBITDA of Rs19 bn in Q2FY21. Importantly, SAIL's net debt fell by Rs133 bn to Rs219 bn in H1FY22 and the company aims to become net debt free by...

Steel Authority of India (SAIL) Ltd. is trading above its 150 day SMA of 117.7

Steel Authority of India (SAIL) Ltd.

31 Oct 2021

118.05

-0.55%

Q2FY22 Result Update - Higher costs led the miss; Debt falls to lowest levels since FY15 - ACCUMULATE

Accumulate: Steel Authority of India (...

Target

Prabhudas Lilladhar

Sentiments on Chinese demand turned negative across the major steel consuming sectors. While, the impact of lower demand has been equally negated by stringent curbs on production. Given the restricted supplies of Chinese steel in its domestic and exports markets, global steel prices are expected to remain elevated further supported by all-time high coking coal prices. As expected, margins were expected to soften due to unsustainably low coking coal prices. Margins are expected to stabilise at Rs10,000/t, higher by 30% over historical averages in spite of astronomical input prices. Strong...

Steel Authority of India (SAIL) Ltd. is trading below its 200 day SMA of 124.3

Steel Authority of India (SAIL) Ltd.

09 Aug 2021

118.05

-0.55%

Q1FY22 Result Update - Higher costs led the miss in earnings - ACCUMULATE

Accumulate: Steel Authority of India (...

Recommendation Target

Prabhudas Lilladhar

SAIL reported Q1FY22 EBITDA below our estimates by 7% while above consensus estimates (CE) by 6%. Miss on our estimates was largely due to higher than expected cost. We downgrade our EBITDA estimates for FY22e by 4.8% to factor higher coking coal cost and royalty on iron ore. While, we...

Steel Authority of India (SAIL) Ltd. is trading below its 200 day SMA of 124.3

Steel Authority of India (SAIL) Ltd.

09 Aug 2021

118.05

-0.55%

Steel Authority of India: Q1FY22 Result Review

Buy: Steel Authority of India (...

Target

IDBI Capital

SAIL's Q1FY22 result was ahead of our expectations; EBITDA and PAT was 19%/22% higher than our forecast. Its EBITDA/tonne jumped to Rs19,728 as blended realization increased 51% YoY to Rs62,045/tonne. Overall, EBITDA increased to Rs66 bn compared to EBITDA loss of Rs4 bn in Q1FY21. However, the company has cut its FY22 sales volume guidance to 16.5 mn tonnes from 18 mn tonnes guided in Q4FY21....

Steel Authority of I.. has an average target of 118.00 from 6 brokers.

Steel Authority of India (SAIL) Ltd.

08 Aug 2021

118.05

-0.55%

Biggest beneficiary of improved pricing

Buy: Steel Authority of India (...

Target

Motilal Oswal

Sales/EBITDA/adjusted PAT came in line with our estimate (-11%/+7%/+8% QoQ) at INR206.4b/INR65.6b/INR38.5b on higher realization, but was offset by lower volumes. Adjusting for the wage revision settlement of INR2.85b for FY21, adjusted EBITDA stood at INR68.5b, up 1% v/s our estimate. Sales volume declined by 24% QoQ to 3.33mt and was 2% below our estimate. The decline was much higher compared to its peers due to the spread of COVID-19 in plants and a maintenance shutdown at one of the plants. Crude steel production was lower by 17% QoQ to 3.77mt....

Steel Authority of India (SAIL) Ltd. is trading above its 150 day SMA of 117.7

Steel Authority of India (SAIL) Ltd.

29 Jun 2021

118.05

-0.55%

SAIL

Buy: Steel Authority of India (...

Recommendation Target

ICICI Securities Limited

SAIL has iron ore mines in Chhattisgarh, Jharkhand and Odisha, which aids in meeting 100% of its iron ore requirements captively. Even on the expanded capacity, the company would be self-sufficient in meeting its iron ore requirements. Captive supply of iron ore aids in keeping SAIL's overall raw material costs under check. Also, currently, the relatively firm trend in steel prices augurs well for SAIL. We model EBITDA/tonne of | 12000/tonne...

Steel Authority of India (SAIL) Ltd. is trading below its 200 day SMA of 124.3

No results found

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

1810 Votes:

Buy 78.51%

Sell 10.39%

Hold 11.1%

RESEARCH REPORTS

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