| Revenue growth | Sales turnover increased over 1% YoY despite 7-8% volume decline. |
|---|---|
| Margins | EBITDA margin at 16.7%; EBITDA/tonne crossed benchmark INR 10,000 level. |
| Demand visibility | Robust domestic demand with consumption up 8% over CPLY. |
| Management confidence | High; emphasizing operational efficiency and inventory liquidation strategy. |
Growth
EBITDA grew 50% YoY to INR 4,356 Cr; PBT and PAT increased by approximately 150% YoY.
Outlook
FY27 capex target of INR 15,000 Cr; targeting 8 million tonnes iron ore sales; expecting cost reductions of INR 2,000-3,000/tonne.
Risks
Geopolitical issues in Middle East impacting fuel and limestone supply; seasonal monsoon headwinds affecting Q2 steel demand.
Last quarter's promises, checked
Delivered
- Guided 22MT sales volume → delivered 19.9MT (= MISS)
- Guided debt reduction → delivered INR 8,150 Cr reduction (= BEAT)
- Guided clean balance sheet → delivered zero qualifications (= BEAT)
Partly delivered
- Guided 22.5MT crude steel production → delivered 19.43MT (= PARTIAL)
Missed
- Guided FY26 capex INR 10,000 Cr → delivered INR 9,100 Cr (= MISS)
Earnings Call Transcript filed with BSE, NSE: SAIL. Summary written with AI assistance from the document.
Steel Authority of India (SAIL) Ltd: key numbers
- Share price
- ₹175.48
- Market cap
- ₹72,482 Cr
- Revenue (annual)
- ₹1,10,811 Cr
- Net profit (annual)
- ₹3,373 Cr
- P/E (TTM)
- 12.9×Sector 17.1×
- Promoter holding
- 65.00%+0.00% QoQ
- FII holding
- 7.30%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Steel Authority of India (SAIL) Ltd
All →Steel Authority of India (SAIL) Management Change
SAIL disclosed profiles of two Government Nominee Directors appointed by the Ministry of Steel. The appointees are Sarita Chauhan and Vinod Kumar Tripathi.
Steel Authority of India (SAIL) Investor Presentation: Key Takeaways
SAIL H1 FY27: turnover Rs 57,776 cr (+10.6%), EBITDA Rs 8,917 cr (15.4% margin), PAT Rs 3,410 cr (3x). Q2 PAT Rs 1,774 cr. Margin expansion driven by realisations.
Steel Authority of India (SAIL) Q2 FY27 Results: Net Profit ₹1,750 Cr, Up 318.1% YoY
Steel Authority of India (SAIL) Ltd reported revenue from operations of ₹31,998 Cr (+19.8% YoY) and net profit of ₹1,750 Cr (+318.1% YoY) for Q2 FY27.
- Key figure
- Net profit ₹1,750 Cr · +318.1% YoY
Steel Authority of India (SAIL) Board Meeting Date
SAIL intimated that its Board meets on 27 October 2026 to consider unaudited results for the quarter and half-year ended 30 September 2026. The trading window is closed until results are announced.
Steel Authority of India (SAIL) Other Announcement
Steel Authority of India Ltd submitted its quarterly shareholding pattern under Regulation 31(1)(b) for the quarter ended September 30, 2026.
Steel Authority of India (SAIL) Management Change
SAIL has appointed Ms. Sarita Chauhan and Shri Vinod Kumar Tripathi as Government Nominee Directors on its Board of Directors, effective immediately.