|
16 Jul 2025 |
SAIL
|
Consensus Share Price Target
|
133.00 |
120.12 |
- |
-9.68 |
hold
|
|
|
|
|
31 May 2025
|
SAIL
|
IDBI Capital
|
133.00
|
132.00
|
130.69
(1.77%)
|
Target met |
Hold
|
|
|
SAIL's Q4FY25 performance exceeded our forecast on all parameters. Revenue grew 20% QoQ to Rs293 bn, driven by strong volume growth of 20% QoQ which included 0.36 mnT traded volumes from NMDC steel. NSR remained flat QoQ at Rs55,002/t. EBITDA stood at Rs 35bn (71.9%/0.2% QoQ/YoY), with EBITDA/tonne at Rs 6,350/t (43%/14% QoQ/YoY) which includes one-offs on account of revision of provisional rail prices amounting Rs 6.9bn. SAIL is setting up a TMT mill at Durgapur to further decrease the semi-finished product contribution and is expected to come up in 2.5 years which will further aid...
|
|
30 May 2025
|
SAIL
|
Axis Direct
|
133.00
|
130.00
|
129.18
(2.96%)
|
Target met |
Hold
|
|
|
We downgrade our rating on the stock to HOLD.
|
|
29 May 2025
|
SAIL
|
Prabhudas Lilladhar
|
133.00
|
133.00
|
129.96
(2.34%)
|
Target met |
Hold
|
|
|
Mgmt. expects production and sales volume of ~20mt and 19.3mt. SAIL delivered a strong operating performance in Q4FY25 driven by 17% YoY volume growth (aided by 0.36mt of NMDC Steel volume tie up, ex-NSL 9%) amid stable domestic demand environment. Average NSR declined 2.2% QoQ amid weak steel pricing environment during the quarter. Steel prices started improving towards the end of Q4 in the anticipation of safeguard duty. Strong 9% volume growth and lower coking coal prices has resulted in EBITDA/t of Rs5,358 adjusting for prior period rail price revision impact of Rs6.25bn. Going...
|
|
19 Mar 2025
|
SAIL
|
Axis Direct
|
133.00
|
130.00
|
113.23
(17.46%)
|
Target met |
Buy
|
|
|
We upgrade from a HOLD to a BUY rating on the stock.
|
|
13 Feb 2025
|
SAIL
|
Axis Direct
|
133.00
|
115.00
|
109.33
(21.65%)
|
Target met |
Hold
|
|
|
We maintain our HOLD rating.
|
|
12 Feb 2025
|
SAIL
|
Prabhudas Lilladhar
|
133.00
|
107.00
|
105.75
(25.77%)
|
Target met |
Hold
|
|
|
|
|
12 Feb 2025
|
SAIL
|
IDBI Capital
|
133.00
|
111.00
|
109.33
(21.65%)
|
Target met |
Hold
|
|
|
|
|
11 Nov 2024
|
SAIL
|
IDBI Capital
|
133.00
|
113.00
|
115.89
(14.76%)
|
Target met |
Hold
|
|
|
|
|
11 Nov 2024
|
SAIL
|
Axis Direct
|
133.00
|
130.00
|
115.89
(14.76%)
|
Target met |
Hold
|
|
|
We maintain our HOLD rating.
|
|
11 Nov 2024
|
SAIL
|
BOB Capital Markets Ltd.
|
133.00
|
120.00
|
115.89
(14.76%)
|
Target met |
Hold
|
|
|
While Q2 benefitted from prior-period rail revenue, underlying profitability was weak and lagged peers
|
|
08 Nov 2024
|
SAIL
|
Motilal Oswal
|
133.00
|
130.00
|
118.21
(12.51%)
|
Target met |
Neutral
|
|
|
In 2QFY25, SAIL received a one-time revenue and EBITDA gain of INR16.4b related to rail price revisions for FY23.
|
|
12 Aug 2024
|
SAIL
|
Axis Direct
|
133.00
|
130.00
|
131.70
(0.99%)
|
Target met |
Hold
|
|
|
We downgrade to HOLD from BUY rating.
|
|
10 Aug 2024
|
SAIL
|
BOB Capital Markets Ltd.
|
133.00
|
110.00
|
129.35
(2.82%)
|
Target met |
Sell
|
|
|
While SAIL clocked sequential improvement in 1Q, the performance fell short of consensus and our expectations
|
|
09 Aug 2024
|
SAIL
|
Prabhudas Lilladhar
|
133.00
|
112.00
|
129.35
(2.82%)
|
Target met |
Sell
|
|
|
|
|
22 May 2024
|
SAIL
|
IDBI Capital
|
133.00
|
155.00
|
169.05
(-21.33%)
|
Target met |
Hold
|
|
|
|
|
22 May 2024
|
SAIL
|
Axis Direct
|
133.00
|
195.00
|
169.05
(-21.33%)
|
|
Buy
|
|
|
We maintain our BUY rating on the stock
|
|
22 May 2024
|
SAIL
|
ICICI Securities Limited
|
133.00
|
110.00
|
169.05
(-21.33%)
|
Target met |
Sell
|
|
|
Steel Authority of India’s (SAIL) EBITDA, adjusted for rail price revision impact, surpassed consensus estimates mainly on lower cost.
|
|
15 Feb 2024
|
SAIL
|
Axis Direct
|
133.00
|
135.00
|
125.75
(5.77%)
|
Target met |
Buy
|
|
|
We roll forward our valuation from FY25 to FY26 and revise our target multiple from 5.0x to 6.0x after the recent rally in the stock. Recommendation: We revise our rating from HOLD to BUY.
|
|
14 Feb 2024
|
SAIL
|
IDBI Capital
|
133.00
|
107.00
|
125.75
(5.77%)
|
Target met |
Sell
|
|
|
|
|
14 Feb 2024
|
SAIL
|
Prabhudas Lilladhar
|
133.00
|
108.00
|
122.95
(8.17%)
|
Target met |
Hold
|
|
|
|