NSE: SAIL | BSE: 500113

Strong Performer, Under Radar

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114.76 -3.27 (-2.77%)

34.55% Fall from 52W High

17.3M NSE+BSE Volume

NSE 25 Apr, 2025 12:26 PM (IST)

47,401.9

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.

07 Jan 2020

114.76

-2.77%

Ashika - SAIL - Company Update 7 Jan 2020

Buy: Steel Authority of India (...

Ashika Research

We are seeing Steel Authority of India Ltd. to emerge as strong winner on the back of strong expectation of revival in domestic demand growth across Infrastructure space backed by government spending and initiatives. Permission from government to sell 25% of Iron ore production of previous fiscal and iron ore fines accumulated as waste over past 5-6 decades to add ~10% to its EBITDA. US-China trade agreement is expected to revive metals. SAIL is expected to sail with the wind from iron ore mine lease expiries and uptick in steel demand to boost its profits and reduce leverage. A major turnaround in SAIL with favorable scenarios building in is expected to unlock great value for its stakeholders. Iron ore fines are turning into Gold' for SAIL: We expect SAIL to be major beneficiary of Government relaxation to sell 25% of previous FY iron ore captive production along with sub-grade iron ore fines that are accumulated over past half century on expectations of scarcity of material due to lease expiries of iron ore mines in Odisha. The company has 70MnT of sub-grade iron ore with average quality of 59% Fe content and expects to sell off these...

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

Steel Authority of India (SAIL) Ltd.

14 Aug 2019

114.76

-2.77%

Q1FY20 Result Update

Sell: Steel Authority of India (...

Recommendation Target

Prabhudas Lilladhar

3.2mn (PLe: 3.4mn) t. Realisations rose 1.7% QoQ/Rs740 (6% YoY/Rs3,050) to Rs45,075 above our estimate of Rs44,210. Cost/t rose 3% QoQ/Rs1,325 (flat YoY) at Rs40,745 (PLe:Rs40,630). Impacted by lower scale, EBITDA/t fell 9% QoQ (38% YoY) to Rs4,870 (PLe:Rs4,030). Hence, EBITDA fell 29% QoQ (39% YoY) to Rs15.8bn, ahead of our estimates of Rs13.6bn. Due to better than expected margins, PAT came above our estimate at Rs688mn (PLe: loss...

Steel Authority of India (SAIL) Ltd. has lost -30.30% in the last 1 Year

Steel Authority of India (SAIL) Ltd.

14 Aug 2019

114.76

-2.77%

Operational miss on volumes pressure

Neutral: Steel Authority of India (...

Target

Motilal Oswal

EBITDA declined 29% QoQ (-39% YoY) to INR15.8b (our estimate: INR17b) in 1QFY20 due to lower sales volumes (3.2mt v/s our estimate of 3.9mt). EBITDA per ton was down by INR490 QoQ to INR4,869 owing to operating deleverage/lower fixed cost absorption. Adj. PAT declined 85% QoQ to INR0.7b,...

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

Steel Authority of India (SAIL) Ltd.

01 Jun 2019

114.76

-2.77%

Margins lower on decline in product spreads

Neutral: Steel Authority of India (...

Target

Motilal Oswal

Margins lower on decline in product spreads Tailwinds of operating leverage; Maintain Neutral 4QFY19 EBITDA declined 14% QoQ (-15% YoY) to INR22.1b (our est. INR25.1b) on lower spreads (lower realization and high raw material cost). EBITDA/t was...

Steel Authority of India (SAIL) Ltd. is trading above its 100 day SMA of 112.0

Steel Authority of India (SAIL) Ltd.

07 Feb 2019

114.76

-2.77%

Operating efficiencies kicks in, but sales sluggish

Neutral: Steel Authority of India (...

Target

Motilal Oswal

7 February 2019 SAILs 3QFY19 EBITDA increased 9% QoQ (+66% YoY) to INR25.8b (v/s our est. of INR14.4b) on expansion of spreads (realization raw material cost). EBITDA per ton was up INR1,159/t QoQ to INR7,965/t, primarily due to operating efficiencies and leverage. Adj. PAT increased 10% QoQ to INR6.3b (v/s our est. Steel sales declined 7% QoQ (down 14% YoY) to 3.2mt hurt by volatility in steel prices in the latter part of the quarter. Production, however, was robust and increased 7% QoQ (+5% YoY) to 3.8mt, thus providing operating leverage. Inventories increased massively by INR21b (~300kt).

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

Steel Authority of India (SAIL) Ltd.

03 Nov 2018

114.76

-2.77%

Steel Authority of India Ltd Q2FY19 results Comment

Results Update: Steel Authority of India (...

HDFC Securities

Steel Authority of India Ltd Q2FY19 results Comment Revenue rose by 5.1% to Rs. 16718.04 Cr in Q2FY19 when compared to the previous quarter. Also, it rose by 22.77% when compared with Q2FY18.

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

Steel Authority of India (SAIL) Ltd.

02 Nov 2018

114.76

-2.77%

Margins hurt by a decline in product spreads

Neutral: Steel Authority of India (...

Target

Motilal Oswal

2 November 2018 2QFY19 due to lower spreads (realization raw material cost). EBITDA per ton was down INR1,071 QoQ to INR6,806. Adj. PAT declined 20% QoQ to INR5.8b Steel sales increased 6% QoQ (-2% YoY) to 3.5mt. Production was down 2% QoQ (-3% YoY) to 3.5mt. Steel realization declined 1% QoQ to INR48,109 per ton, as 2Q is a seasonally weak quarter due to monsoon. Product spreads declined 9% QoQ to INR26,401 as raw material costs were also higher. Employee cost declined 3% QoQ/YoY to INR21.6b. The number of employees reduced by ~1% QoQ to 74.4k. Interest and depreciation cost increased 2% QoQ to INR7.

Steel Authority of India (SAIL) Ltd. is trading below its 150 day SMA of 116.1

Steel Authority of India (SAIL) Ltd.

07 Aug 2018

114.76

-2.77%

Steel Authority of India Ltd Q1FY19 results Comment

Results Update: Steel Authority of India (...

HDFC Securities

Revenue fell by 6.64% to Rs. 15907.19 Cr in Q1FY19 when compared to the previous quarter. Steel Authority of India Ltd Q1FY19 results Comment

Steel Authority of India (SAIL) Ltd. is trading above its 100 day SMA of 112.0

Steel Authority of India (SAIL) Ltd.

04 Aug 2018

114.76

-2.77%

In-line: Margins continue to improve on strong pricing

Neutral: Steel Authority of India (...

Target

Motilal Oswal

4 August 2018 SAILs operating performance continues to improve on tailwind of strong demand and operating cost control. EBITDA per ton increased 13% QoQ to INR7,877 on increase in steel product spreads. EBITDA however declined 1% QoQ to INR25.7b (in-line) due to 13% QoQ decline in sales volume to 3.3mt on seasonal restocking. Steel realization increased 7% QoQ to INR48,631 per ton on strong demand. RM cost) increased sharply by 15% QoQ to INR28,993. EBITDA per ton increase was however lower due to QoQ lower volumes and increase in employee cost. Employee cost increased 8% QoQ (17% YoY) to INR22.2b. Operating parameters continue to show improvement.

Number of FII/FPI investors increased from 215 to 233 in Mar 2025 qtr.

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

1812 Votes:

Buy 78.48%

Sell 10.38%

Hold 11.15%

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