Steel Authority Of India Share Price, Stock Analysis & Company Profile
Steel Authority of India Limited (SAIL) is one of India’s largest steel-producing companies and a flagship public sector enterprise engaged in manufacturing a broad range of steel products for infrastructure, construction, railways, defence, and engineering industries. With integrated steel plants across the country and strong government backing, SAIL remains a vital player in India’s industrial development.
Stay updated with broader metal and benchmark market movements while tracking Steel Authority of India’s position among major listed companies. Check the latest stock market insights here.
This page serves as a comprehensive resource for investors to track the Steel Authority of India share price on the NSE and BSE, along with essential data required for a detailed stock analysis.
About Steel Authority Of India
Founded in 1973, Steel Authority of India is headquartered in New Delhi and operates under the ownership of the Government of India. The company was established to manage and streamline the country’s major public sector steel plants under a unified corporate structure.
SAIL manufactures a diversified range of flat steel, long steel, rails, structural products, plates, and speciality steels. Its products are widely used in large-scale infrastructure projects, construction activity, transportation, and industrial machinery. The company also benefits from captive iron ore mines, which provide raw material security and cost advantages.
As India continues to focus on infrastructure expansion and manufacturing growth, SAIL remains closely linked to domestic steel demand cycles and policy-led capital expenditure trends.
Steel Authority Of India Business Model
Steel Authority Of India operates through a large-scale integrated steel manufacturing model:
- Steel Manufacturing: SAIL produces crude steel and finished steel products through its integrated plants, serving both industrial and retail demand across India.
- Captive Mining Operations: The company owns captive iron ore and coal assets that support backward integration, helping reduce raw material procurement risk and improve cost efficiency.
- Value-Added Steel Products: SAIL manufactures rails, alloy steels, defence-grade steel, and structural products that command strategic relevance and higher margins in select segments.
- Government Infrastructure Supply: A major share of SAIL’s demand comes from public infrastructure projects, railways, defence contracts, and heavy engineering requirements.
- Distribution & Exports: The company supplies through an extensive dealer network domestically while also exporting steel products to international markets based on pricing opportunities.
Steel Authority Of India Listing and IPO Details
Steel Authority of India is listed on major Indian stock exchanges and is widely tracked among public sector metal and commodity stocks.
- NSE Symbol: SAIL
- BSE Scrip Code: 500113
- Face Value: Rs 10 per share
- ISIN: INE114A01011
Sector Status:
Steel Authority of India operates within the steel and iron products sector and is often analysed for its production volumes, steel price realisations, raw material cost advantage, and infrastructure demand outlook. Investors looking to benchmark SAIL with other metal businesses can also review broader sector trends here:
(Steel and Iron Products Sector Analysis | Finology Ticker)
Interested in upcoming manufacturing and industrial IPOs along with fresh market opportunities, review the latest IPO listings and details here.
Steel Authority Of India Corporate Action History
Steel Authority of India has periodically focused on shareholder returns while balancing its large capital expenditure and cyclical business requirements.
Stock Split History
The company has maintained a stable equity structure and has not undertaken frequent stock splits in recent years.
Dividend History
SAIL’s dividend payouts generally move in line with steel cycle profitability and cash flow strength.
- FY 2023-24: Declared dividend supported by improved earnings recovery and stronger operational performance.
- FY 2022-23: Maintained shareholder payout despite commodity price volatility and demand fluctuations.
Note: Dividend decisions depend on steel price cycles, profitability, working capital needs, and expansion commitments.
Investor Resources Available on This Page
On this page, investors can access key financial and operational data for a structured Steel Authority of India stock analysis:
- Price Chart: Track the latest trends and historical performance of the Steel Authority of India share price.
- Company Ratios: Evaluate important metrics such as EBITDA per tonne, Return on Capital Employed (ROCE), debt levels, and operating margins.
Want to compare Steel Authority of India with other metal and cyclical commodity stocks using key financial metrics, filter and analyse stocks using the advanced screener tool.
- Quarterly Results: Analyse revenue trends, production volumes, realisation changes, and profit movement across steel cycles.
- Balance Sheet & Cash Flow: Review debt obligations, capital expenditure plans, inventory cycles, and operating cash generation.
- Shareholding Pattern: Track Government of India ownership, institutional holdings, and retail investor participation.
- Pros & Cons: Quick insights into strengths such as captive mining support and infrastructure-linked demand versus risks like commodity cyclicality and pricing pressure.
Looking for ready-made stock portfolios built around cyclical opportunities and long-term investment strategies, discover curated investment bundles tailored to different goals.
- Annual Reports: Download official annual reports and investor disclosures directly from the Reports Section on this page.
Build a deeper understanding of commodity investing, cyclical stock evaluation, and portfolio planning, and access curated investor resources and insights here.
Frequently Asked Questions
Q1. What is the latest Steel Authority of India share price?
The current share price is displayed at the top of this page. Data from NSE and BSE may be delayed by up to 15 minutes.
Q2. What does Steel Authority of India do?
Steel Authority of India is a government-owned steel manufacturing company engaged in producing flat steel, long steel, rails, structural products, and speciality steels for multiple industries.
Q3. Does Steel Authority of India pay dividends?
Yes, SAIL pays dividends periodically, although payouts may fluctuate depending on steel cycle profitability and cash flow conditions.
Q4. What is the face value of Steel Authority of India shares?
The face value of each equity share is Rs 10.
Q5. Is Steel Authority of India a good long-term investment?
SAIL is often considered a cyclical infrastructure-linked PSU stock with potential benefits from India’s capex growth, though investors must account for commodity price volatility and margin swings.
Q6. Where can I find the latest Steel Authority of India Annual Report?
You can access the latest annual reports and financial disclosures from the Reports or Documents section available on this page.
Q7. Why are steel prices important for the Steel Authority of India?
Steel prices directly influence SAIL’s revenue realisations, operating margins, and profitability, making commodity cycles a critical factor in stock performance.