Steel Authority Of India Ltd.

NSE: SAIL BSE: 500113 SECTOR: Steel & Iron Products  290k   2k   717

82.59
+1.84 (2.28%)
NSE: 29 Mar 4:00 PM

Price Summary

Today's High

₹ 82.91

Today's Low

₹ 80.56

52 Week High

₹ 112.3

52 Week Low

₹ 63.6

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

34114.01 Cr.

Enterprise Value

50750.28 Cr.

No. of Shares

413.05 Cr.

P/E

10.42

P/B

0.66

Face Value

₹ 10

Div. Yield

10.59 %

Book Value (TTM)

₹  126.07

CASH

647.83 Cr.

DEBT

17284.1 Cr.

Promoter Holding

65 %

EPS (TTM)

₹  7.92

Sales Growth

49.72%

ROE

25.16 %

ROCE

23.57%

Profit Growth

212.08 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Index Presence

The company is present in 37 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year49.72%
3 Year15.61%
5 Year18.41%

Profit Growth

1 Year212.08%
3 Year76.67%
5 Year44.23%

ROE%

1 Year25.16%
3 Year13.2%
5 Year8.83%

ROCE %

1 Year23.57%
3 Year14.05%
5 Year10.53%

Debt/Equity

0.3323

Price to Cash Flow

1.1

Interest Cover Ratio

10.4463212947911

CFO/PAT (5 Yr. Avg.)

3.42980415866044

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2022 65 0
Sep 2022 65 0
Jun 2022 65 0
Mar 2022 65 0
Dec 2021 65 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 76.6720937636296% for the Past 3 years.
  • The company has shown a good revenue growth of 15.6079978691573% for the Past 3 years.
  • The company has significantly decreased its debt by 20392.48 Cr.
  • Company has a healthy Interest coverage ratio of 10.4463212947911.
  • Company’s PEG ratio is 0.0491559883678162.
  • The company has an efficient Cash Conversion Cycle of -23.0425918856447 days.
  • The company has a good cash flow management; CFO/PAT stands at 3.42980415866044.
  • The company has a high promoter holding of 65%.

 Limitations

  • Company has contingent liabilities of 39829.82 Cr.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
Net Sales 25245.92 30758.1 24028.59 26246.31 25041.88
Total Expenditure 21835.48 26426.84 21727.79 25513.68 22965.1
Operating Profit 3410.44 4331.26 2300.8 732.63 2076.78
Other Income 248.97 452.07 305.43 441.19 120.75
Interest 315.8 440.11 374.04 506.17 640.26
Depreciation 1048.71 1143.77 1193.89 1183.24 1220.99
Exceptional Items -363.92 10.51 0 0 298.41
Profit Before Tax 1930.98 3209.96 1038.3 -515.59 634.69
Tax 487.88 791.66 261.97 -129.77 171.15
Profit After Tax 1443.1 2418.3 776.33 -385.82 463.54
Adjusted EPS (Rs) 3.49 5.85 1.88 -0.93 1.12

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 57558.46 66967.31 61660.55 69110.02 103473.32
Total Expenditure 52940.61 57233.2 51461.54 56381.97 82151.17
Operating Profit 4617.85 9734.11 10199.01 12728.05 21322.15
Other Income 484.45 532.82 985.22 1011.69 1042.03
Interest 2822.75 3154.92 3486.76 2817.14 1697.88
Depreciation 3064.92 3384.72 3755.05 4102 4274.17
Exceptional Items 26.43 -389.4 -771.76 58.43 -353.41
Profit Before Tax -758.94 3337.89 3170.66 6879.03 16038.72
Tax -277.23 1159.07 1149.12 3029.01 4023.68
Net Profit -481.71 2178.82 2021.54 3850.02 12015.04
Adjusted EPS (Rs.) -1.17 5.27 4.89 9.32 29.09

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 4130.53 4130.53 4130.53 4130.53 4130.53
Total Reserves 31583.14 34021.04 35646.85 39364.35 47886.61
Borrowings 29777.16 30802.66 34560.03 19725.96 11742.22
Other N/C liabilities 1112.08 2987.66 3729.57 7450.09 14664.05
Current liabilities 43406.14 41597.46 45023.01 45240.49 39329.79
Total Liabilities 110009.05 113539.35 123089.99 115911.42 117753.2
Assets
Net Block 58610.72 61358.12 69017.92 67598.67 73656.11
Capital WIP 18395.43 16013.5 8751.56 8878.48 4016.72
Intangible WIP 0 0 0 0 0
Investments 1492.13 1585.84 1586.1 1595.01 1624.49
Loans & Advances 1696.03 2044.91 2274.67 2522.33 5061.43
Other N/C Assets 187.28 287.71 470.12 4606.06 4722.65
Current Assets 29627.46 32249.27 40989.62 30710.87 28671.8
Total Assets 110009.05 113539.35 123089.99 115911.42 117753.2
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations -758.94 3337.89 3170.66 6879.03 16038.72
Adjustment 5761.7 6553.79 6849.06 6502.48 5526.92
Changes in Assets & Liabilities 1114.07 -2625.82 -10583.24 10036.73 9481.57
Tax Paid 40.98 35.71 -87.05 -22.36 -83.61
Operating Cash Flow 6157.81 7301.57 -650.57 23395.88 30963.6
Investing Cash Flow -6468.71 -3755.66 -4236.12 -3273.03 -3974.66
Financing Cash Flow 269.42 -3590.77 5005.53 -19807.88 -27397.58
Net Cash Flow -41.48 -44.86 118.84 314.97 -408.64

Corporate Actions

Investors Details

PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Promoters 65.00 65.00 65.00 65.00 65.00
president of india 65.00 65.00 65.00 65.00 65.00
PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Investors 35.00 35.00 35.00 35.00 35.00
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Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Steel Authority Of India informs about conference call17 Feb 2023, 3:02PM SAIL logs 3.91% rise in crude steel production during Q3FY2315 Feb 2023, 10:59AM SAIL reports 65% fall in Q3 consolidated net profit14 Feb 2023, 2:10PM Government to shut SAIL’s loss-making Visveswaraya Iron & Steel Plant 14 Feb 2023, 12:09PM SAIL - Quaterly Results13 Feb 2023, 8:14PM SAIL - Quaterly Results13 Feb 2023, 8:14PM SAIL reports consolidated net loss of Rs 329.36 crore in Q2 11 Nov 2022, 11:59AM SAIL - Quaterly Results10 Nov 2022, 7:06PM SAIL - Quaterly Results10 Nov 2022, 7:06PM SAIL signs agreement with AAI for start of commercial flights from Odisha29 Oct 2022, 11:58AM SAIL makes procurement worth Rs 10,000 crore through GeM27 Oct 2022, 5:48PM SAIL's turnover crosses Rs 1 lakh crore in FY2229 Sep 2022, 9:50AM SAIL supplies entire DMR grade specialty steel for aircraft carrier INS Vikrant3 Sep 2022, 12:10PM SAIL to produce head hardened rails at Bhilai Steel Plant17 Aug 2022, 12:49PM SAIL reports 79% fall in Q1 consolidated net profit11 Aug 2022, 10:38AM SAIL - Quaterly Results10 Aug 2022, 8:27PM SAIL - Quaterly Results10 Aug 2022, 8:27PM SAIL reports 29% fall in Q4 consolidated net profit24 May 2022, 11:06AM SAIL - Quaterly Results23 May 2022, 10:42PM SAIL - Quaterly Results23 May 2022, 10:42PM SAIL supplies 4,300 tonnes of special steel for indigenous navy warships18 May 2022, 9:27AM SAIL, RINL, NMDC workers join nationwide strike29 Mar 2022, 12:15PM Steel Authority of India informs about record date15 Mar 2022, 9:48AM SAIL wins AI World Awards in the steel manufacturing category22 Feb 2022, 10:58AM SAIL reports 4% rise in Q3 consolidated net profit10 Feb 2022, 11:17AM SAIL - Quaterly Results9 Feb 2022, 8:19PM SAIL - Quaterly Results9 Feb 2022, 8:19PM Steel Authority of India’s unit wins ‘Best Integrated Steel Plant’ title24 Jan 2022, 11:28AM SAIL’s unit receives certificate from Indian Navy to produce steel for making submarines17 Jan 2022, 9:59AM SAIL’s unit supplies 2.9 lakh tonne of special grade steel to Kaleswaram irrigation project14 Jan 2022, 11:57AM Steel Authority of India informs about cessation of director1 Jan 2022, 1:39PM SAIL’s unit inks MoU with STPI27 Dec 2021, 10:45AM SAIL wins Golden Peacock Environment Management Award 202120 Dec 2021, 12:15PM SAIL’s iron ore mines get 5-Star rated awards for sustainable mining practices25 Nov 2021, 12:39PM SAIL supplies 50,000 tonnes of steel for Purvanchal Expressway in Uttar Pradesh18 Nov 2021, 12:25PM SAIL’s unit registers best-ever production performance for April-October period8 Nov 2021, 11:38AM SAIL planning to make investments under PLI scheme for specialty steel3 Nov 2021, 5:41PM SAIL reports around 10-fold jump in Q2 consolidated net profit30 Oct 2021, 9:44AM Steel Authority of India informs about board meeting23 Oct 2021, 11:29AM SAIL’s unit registers best-ever production performance for April-September period7 Oct 2021, 12:24PM SAIL’s Rourkela Steel Plant customises pipes to cater to niche markets30 Aug 2021, 3:31PM SAIL planning to invest Rs 4,000 crore in next three years in Jharkhand30 Aug 2021, 1:32PM SAIL planning to reduce debt drastically in FY22 27 Aug 2021, 9:20AM SAIL turns black in Q1 7 Aug 2021, 9:44AM Steel Authority Of India informs about annual secretarial compliance report28 Jun 2021, 5:29PM SAIL postpones plans to begin commercial production of head hardened rails21 Jun 2021, 10:54AM SAIL reports 31% rise in Q4 consolidated net profit11 Jun 2021, 11:16AM SAIL enhances daily limit of oxygen supply to over 1,100 MT5 May 2021, 9:33AM SAIL planning to set up jumbo medical facilities4 May 2021, 1:18PM SAIL supplies over 33,300 tonne of LMO for treatment of coronavirus-affected patients19 Apr 2021, 11:40AM

SAIL Stock Price Analysis and Quick Research Report. Is SAIL an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). SAIL has a PE ratio of 10.419822276078 which is low and comparatively undervalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. SAIL has ROA of 10.2840044847183 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. SAIL has a Current ratio of 0.729009740453737 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. SAIL has a ROE of 25.1592207975499 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. SAIL has a D/E ratio of 0.3323 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. SAIL has an Inventory turnover ratio of 5.9396848859186 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - SAIL has reported revenue growth of 49.7226017298215 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of SAIL for the current financial year is 20.6064229890372 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for SAIL is Rs 8.75 and the yield is 10.5945 %.

Brief about SAIL

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