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Earnings Call

Steel Authority of India (SAIL) Earnings Call: Key Takeaways

SAIL delivered strong Q4 FY26 results with 43% PAT growth and significant debt reduction of ₹3,200 crore. Management is focusing on operational efficiency and expansion at IISCO, Bokaro, and Bhilai plants.

Why this was an Alfa AlertNot a filter event. Results were strong but no specific prior guidance range was cited to calculate a material beat.
Highlights
Revenue growth5% growth in Q4 FY26 to ₹30,541 crore.
MarginsMargins improving despite coal costs due to higher PCI and efficiency.
Demand visibilityDomestic market remains steady; demand expected to pick up after Q2.
Management confidenceHigh, citing clean balance sheet and operational efficiency gains.

Growth

Q4 revenue grew 5% to ₹30,541cr; FY26 PAT rose 51% YoY. Sales volume reached record 19.9MT.

Outlook

FY27 sales target 22MT; Capex guided at ₹15,000cr for FY27, rising to ₹20,000cr+ in FY28.

Risks

Geopolitical volatility in Middle East impacting fuel/raw material movement; rising coking coal costs in Q1 FY27.

Source

Earnings Call filed with BSE, NSE: SAIL. Summary written with AI assistance from the document.

Read the document ↗

Steel Authority of India (SAIL) Ltd: key numbers

Share price
₹185.00
Market cap
₹76,415 Cr
Revenue (annual)
₹1,10,811 Cr
Net profit (annual)
₹3,373 Cr
P/E (TTM)
17.9×Sector 19.0×
Promoter holding
65.00%+0.00% QoQ
FII holding
7.09%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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