NSE: SAIL | BSE: 500113

Strong Performer

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136.52 0.18 (0.13%)

37.69% Gain from 52W Low

9.5M NSE+BSE Volume

NSE 25 Sep, 2025 3:31 PM (IST)

56,389.9

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.

26 Jun 2018, 12:00AM

136.52

0.13%

STEEL AUTHORITY OF INDIA LTD.

Buy: Steel Authority of India (...

Ventura

At the CMP of 82, SAIL is trading at 5.3X FY19 EV/Ebidta. We initiate

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

Steel Authority of India (SAIL) Ltd.

31 May 2018

136.52

0.13%

Op. performance continues improving led by demand tailwind

Neutral: Steel Authority of India (...

Recommendation Target

Motilal Oswal

31 May 2018 SAILs operating performance continues improving, driven by the tailwind of strong demand and significantly better steel prices. 4QFY18 EBITDA increased 68% QoQ to INR26b (20% beat), driven by higher steel prices (+12%; 6% beat), partially offset by increased other operating expenses. EBITDA per ton increased 69% YoY to INR6,945. Interest and depreciation, too, increased due to capitalization of projects. INR5.8b provision toward an increase in cap on gratuity had a negative impact and INR3.3b w/back had a positive impact on the wage bill and PAT. Adj. PAT increased 3x QoQ to INR6b. EBITDA was INR52b (v/s INR380m in FY17) and adj. loss before tax reduced from INR27b to INR1.3b. Net debt increased by INR40b, while capex stood at INR51b for the full year. SAIL has done a commendable job in containing the wage bill from ballooning.

Steel Authority of India (SAIL) Ltd. is trading above all available SMAs

Steel Authority of India (SAIL) Ltd.

13 Nov 2017

136.52

0.13%

SAIL-2QFY18 Result Update

Sell: Steel Authority of India (...

Recommendation

Reliance Securities

Exceeding ours and streets estimate by a wide margin, Steel Authority of India (SAIL) has reported a stellar performance on operating front in 2QFY18. Its EBITDA surged by 721% YoY to Rs9.1bn and compared to a Rs839mn EBITDA loss on a sequantial basis (vs. our estimate of Rs1.46bn) largely due to lower-than-estimated raw material cost. However, its sales volume declined by 1% YoY (+17% QoQ) to 3.54mnT (below our estimate of 3.9mnT). Net revenues surged by 21.3% YoY and 17.6% QoQ to Rs136bn, but was lower than our estimate due to lower volume. Realisation increased by 22% YoY (flat on sequential basis) to Rs38,424/tonne. Notably, revenue in 1QFY18 was aided by recognition of Rs2.5bn following finalisation of prices of rails supplied...

Steel Authority of India (SAIL) Ltd. is trading above all available SMAs

Steel Authority of India (SAIL) Ltd.

10 Nov 2017

136.52

0.13%

Steel Authority of India Ltd Q2FY18 results comment

Results Update: Steel Authority of India (...

HDFC Securities

Steel Authority of India Ltd Q2FY18 results comment Revenue increased by 17.6% to Rs. 13617.42 Cr in Q2FY18 when compared to the previous quarter. Also, it grew by 21.31% when compared with Q2FY17.

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

Steel Authority of India (SAIL) Ltd.

09 Nov 2017

136.52

0.13%

SAIL: Lower RM cost and higher volume drive EBITDA increase

Sell: Steel Authority of India (...

Target

Motilal Oswal

Lower RM cost and higher volume drive EBITDA increase SAIL turned EBITDA positive at INR9.1b in 2QFY18 (7% beat), as against a loss of INR0.8b in 1QFY18, due to lower raw material costs and higher volumes. Interest cost rose 9% QoQ to INR6.4b and depreciation increased 10% QoQ to INR7.6b. Net exceptional charge of INR2.9b pertains to (a) excess mining case in Odisha and Jharkhand of INR3.3b, (b) VRS of INR2.1b and (c) DMF reversal gain of INR2.4b. Adj. net loss reduced from INR7.9b in 1QFY17 to INR3.2b (est. of INR6.6b). Sales grew 17% QoQ (-2% YoY) to 3.5mt. NSR increased just 1% QoQ to...

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

Steel Authority of India (SAIL) Ltd.

27 Oct 2017

136.52

0.13%

SAIL

Hold: Steel Authority of India (...

Geojit BNP Paribas

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

Steel Authority of India (SAIL) Ltd.

16 Aug 2017

136.52

0.13%

SAIL - 1QFY18 Result Update

Hold: Steel Authority of India (...

Reliance Securities

prices in 1QFY18, we expect its margins to improve with the stabilisation in coking coal prices and lower employee cost, going forward. Notably, SAIL continues to remain mostly exposed to long steel products, where the prices continue to remain volatile due to weak demand scenario and low steel scrap prices. Notebly, SAIL also does not benefit from exports as much as JSW Steel...

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

Steel Authority of India (SAIL) Ltd.

14 Aug 2017

136.52

0.13%

Steel Authority of India Ltd Q1FY18 results comment

Results Update: Steel Authority of India (...

HDFC Securities

Revenue fell by 8.75% to Rs. 11579.56 Cr in Q1FY18 when compared to the previous quarter Revenue fell by 8.75% to Rs. 11579.56 Cr in Q1FY18 when compared to the previous quarter

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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