Steel Authority of India share price
NSE: SAILBSE: 500113Ferrous MetalsMid Cap
Last close ₹164.34down ₹5.41 (3.19%)BSE ₹165.00
Share price at the NSE close on 23 Oct 2026. Previous close ₹169.75.
52-week range of traded prices to 23 Oct 2026
₹124.00Low, 19 Dec 2025₹209.70High, 14 May 2026
- Next results date: the board meets on 27 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹67,881 Cr153rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 24 Jul 2026
- 15.9
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹812 crore of one-off items, the largest of them in the quarter to Sep 2025.
- 13.4
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 15 May 2026
- 1.1
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.43%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 24 Jul 2026
- 7.2%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹812 crore of one-off items, the largest of them in the quarter to Sep 2025.
- 8.5%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 24 Jul 2026
- 7.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 15 May 2026
- 0.53
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,44,52,73835.3% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 24 Jul
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹26,246 Crdown 14.82%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,644 Crdown 10.43%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 6.3%
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
A loss in 2 of the 10 years shown
The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty.
| ₹ crore | Sep 2024Filed 8 Nov | Dec 2024Filed 12 Feb | Mar 2025Filed 13 Jun | Jun 2025Filed 25 Jul | Sep 2025Filed 29 Oct | Dec 2025Filed 31 Jan | Mar 2026Filed 15 May | Jun 2026Filed 24 Jul |
|---|---|---|---|---|---|---|---|---|
| Revenue | 24,675 | 24,490 | 29,316 | 25,922 | 26,704 | 27,371 | 30,813 | 26,246 |
| Net profit | 897 | 142 | 1,251 | 745 | 419 | 374 | 1,835 | 1,644 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 3.6% | 0.6% | 4.3% | 2.9% | 1.6% | 1.4% | 6.0% | 6.3% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Bhilai Steel PlantBhilai Steel Plant, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹31,873 Crdown 4.67%26.5%
- Bokaro Steel PlantBokaro Steel Plant, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹27,407 Crup 21.02%22.8%
- Rourkela Steel PlantRourkela Steel Plant, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹25,859 Crup 7.34%21.5%
- IISCO Steel PlantIISCO Steel Plant, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹13,065 Crup 3.76%10.9%
- Durgapur Steel PlantDurgapur Steel Plant, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹11,580 Crdown 5.13%9.6%
- Salem Steel PlantSalem Steel Plant, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹2,023 Crup 3.43%1.7%
- Alloy Steel PlantAlloy Steel Plant, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,235 Crdown 1.43%1.0%
- Visvesaraya Iron & Steel PlantVisvesaraya Iron & Steel Plant, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹259 Cr0.2%
- OthersOthers, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹6,965 Crup 112.54%5.8%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.PE ratio and valuation history
Price to earningsPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
At or below today's level on 51% of 1,937 trading days since Aug 2018.
LowestHighest
Its median13.2Industry median15.4
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 87% of 1,975 trading days since Nov 2018.
LowestHighest
Its median0.7Industry median2.1
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.7.4
At or below today's level on 47% of 1,975 trading days since Nov 2018.
LowestHighest
Its median7.5Industry median8.9
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 69% of 2,465 trading days over the last 10 years.
LowestHighest
Its median1.00%Industry median0.58%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +33.0% | +42.3% | −7.6% | 1.6% |
| 3 years | +23.8% | +15.7% | +5.7% | 1.5% |
| 5 years | +17.0% | −4.0% | +18.8% | 3.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2023, Mar 2025 and Mar 2026.
Mutual funds holding it
216 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 134 of the 158 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 4
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 2
- AddedAdded. Funds that held more shares than at the end of the month before.
- 78
- CutCut. Funds that held fewer shares than at the end of the month before.
- 80
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 51
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 7
| Fund | |||
|---|---|---|---|
 Mirae Asset Large & Midcap FundMirae Asset Mutual Fund | 5,32,03,963 | 2.25% | ₹965.6 Cr |
| Mirae Asset Midcap FundMirae Asset Mutual Fund | 4,04,41,210 | 3.76% | ₹734.0 Cr |
| Mirae Asset ELSS Tax Saver FundMirae Asset Mutual Fund | 2,49,24,710 | 1.84% | ₹452.4 Cr |
 Tata Arbitrage FundTata Mutual Fund | 1,77,23,700 | 1.31% | ₹321.7 Cr |
 Aditya Birla Sun Life Arbitrage FundAditya Birla Sun Life Mutual Fund | 1,70,46,900 | 1.15% | ₹309.4 Cr |
 ICICI Prudential Arbitrage FundICICI Prudential Mutual Fund | 1,63,84,200 | 0.84% | ₹297.4 Cr |
 Kotak Arbitrage FundKotak Mahindra Mutual Fund | 1,44,19,600 | 0.35% | ₹261.7 Cr |
 SBI Arbitrage FundSBI Mutual Fund | 1,17,26,500 | 0.46% | ₹212.8 Cr |
 UTI Arbitrage FundUTI Mutual Fund | 1,08,99,300 | 1.81% | ₹197.8 Cr |
 Nippon India Arbitrage FundNippon India Mutual Fund | 1,05,13,900 | 1.11% | ₹190.8 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Peers and competitors
Iron & Steel, 15 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Steel Authority of India in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 JSW SteelJSWSTEEL | 2,89,909 | 11.7 | 2.9 | 10.9 | +12.2% | +411.7% | 27.6% | 11.2% | 0.60% |
 Tata SteelTATASTEEL | 2,09,311 | 19.0 | 2.0 | 8.1 | +10.5% | +143.1% | 11.4% | 11.9% | 2.39% |
 Jindal SteelJINDALSTEL | 1,03,631 | 38.1 | 2.0 | 13.0 | +16.5% | −8.4% | 5.5% | 8.0% | 0.20% |
 Jindal StainlessJSL | 56,671 | 17.0 | 2.7 | 10.6 | +11.7% | +20.6% | 17.0% | 16.0% | 0.58% |
 Sarda Energy & MineralsSARDAEN | 15,644 | 13.8 | 2.1 | 9.5 | +5.9% | +20.8% | 16.5% | 14.6% | 0.45% |
 NMDC SteelNSLNISP | 11,007 | 131.6 | 0.8 | 9.8 | +41.6% | – | 0.6% | 2.7% | 0.00% |
 Vedanta Iron and SteelVISL | 10,253 | – | – | – | – | – | – | – | 0.00% |
 Sandur Manganese & Iron OresSANDUMA | 7,611 | 10.6 | 2.3 | 6.8 | +45.2% | +45.7% | 24.5% | 24.4% | 0.32% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.Highest ₹8.75 a share, year to Mar 2022.
| Ex-date | Type | Per share |
|---|---|---|
| 30 Sep 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.35 |
| 8 Sep 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.60 |
| 19 Sep 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.00 |
| 20 Feb 2024 | Interim | ₹1.00 |
| 20 Sep 2023 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.50 |
| 24 Mar 2023 | Interim | ₹1.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
22 Oct · Analysts
Steel Authority of India share price by year
Each calendar year to 2025.Steel Authority of India share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 146.99 | +29.9% | 146.99 | 100.02 |
| 2024 | 113.13 | −8.5% | 174.35 | 108.80 |
| 2023 | 123.65 | +49.6% | 123.65 | 80.80 |
| 2022 | 82.65 | −22.9% | 113.00 | 64.90 |
| 2021 | 107.20 | +44.7% | 146.30 | 56.95 |
| 2020 | 74.10 | +72.7% | 74.10 | 20.40 |
| 2019 | 42.90 | −23.9% | 59.25 | 30.05 |
| 2018 | 56.35 | −38.8% | 100.35 | 50.05 |
| 2017 | 92.15 | +86.9% | 92.75 | 50.50 |
| 2016 | 49.30 | +2.0% | 55.25 | 34.45 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 169.00 | 169.50 | 161.31 | 164.34 | 164.00 | 1,44,52,738 | 35.3% |
| 22 Oct 2026 | 168.50 | 170.84 | 165.85 | 169.75 | 169.14 | 1,14,69,692 | 41.3% |
| 21 Oct 2026 | 171.00 | 172.72 | 166.50 | 169.50 | 170.02 | 1,53,52,106 | 47.5% |
| 19 Oct 2026 | 171.00 | 171.70 | 168.30 | 168.97 | 169.70 | 42,31,992 | 36.1% |
| 16 Oct 2026 | 170.00 | 172.50 | 168.50 | 170.95 | 170.76 | 76,44,172 | 34.4% |
| 15 Oct 2026 | 170.00 | 170.64 | 168.58 | 170.29 | 169.69 | 52,50,825 | 36.0% |
| 14 Oct 2026 | 172.77 | 173.58 | 170.00 | 170.00 | 171.58 | 81,58,620 | 48.0% |
| 13 Oct 2026 | 170.34 | 174.00 | 169.78 | 172.77 | 171.67 | 1,22,76,909 | 36.0% |
| 12 Oct 2026 | 172.50 | 177.25 | 167.06 | 171.00 | 172.63 | 2,75,45,534 | 37.8% |
| 9 Oct 2026 | 168.00 | 175.84 | 167.72 | 171.55 | 172.92 | 4,23,39,535 | 40.3% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Offer for sale history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 4 Jun 2024 | Price move | – | Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for. |
Each event is noted and not adjusted for.
About Steel Authority of India
Steel Authority of India Limited (SAIL) makes and sells steel in India. Its customers include users in defence, automotive, energy and core infrastructure, and it supplies rails to Indian Railways. In the year to March 2026 it supplied defence-grade steel for Indian Navy vessels including INS Dunagiri and INS Agray. Its branded products include SAIL SeQR TMT bars and SAILNEX structural sections.
The business is organised around its plants. The company reports eight operating segments: five integrated steel plants and three alloy steel plants. The plants are Bhilai Steel Plant in Chhattisgarh, Durgapur Steel Plant and IISCO Steel Plant in West Bengal, Rourkela Steel Plant in Odisha, Bokaro Steel Plant in Jharkhand, Alloy Steels Plant at Durgapur, Salem Steel Plant in Tamil Nadu, Visvesvaraya Iron & Steel Plant in Karnataka, and Chandrapur Ferro Alloy Plant in Maharashtra. It runs captive iron ore mines, including the Bolani Ore Mines, and a Research and Development Centre for Iron & Steel that supports its plants. Its registered office is in New Delhi, and its Central Marketing Organisation is in Kolkata.
SAIL has two subsidiaries: SAIL Refractory Company Limited, which operates the Salem Refractory Unit acquired from Burn Standard Company Limited, and Chhattisgarh Mega Steel Limited. Its joint ventures include NTPC-SAIL Power Company Limited.
It was incorporated in 1973. The President of India is its promoter. A promoter is the person or group that set up a company or controls it.
- Legal name
- Steel Authority of India Limited
- NSE symbol
- SAIL
- BSE code
- 500113
- ISIN
- INE114A01011
- Industry
- Ferrous Metals
- Listed
- Oct 1992 on BSE, Jul 1995 on NSE
- Face value
- ₹10
- CIN
- L27109DL1973GOI006454
- Corporate identity number, the registrar of companies' code for it
In Nifty 200, BSE 200, Nifty 500, BSE 500, Nifty Midcap 150, BSE 150 MidCap Index