Steel Authority of India Ltd.
NSE: SAILSteel Authority of India Ltd.: A 30-second snapshot
SAIL trades at Rs 170.96, up 32.47% over the past year but 18.47% below its 52-week high and down 8.16% over the past 3 months. Trailing PE is 16.52 versus a forward PE of 10.61, profit margin is 3.84%, and debt-to-equity is 52.9 with a flat trend. Recent news includes a Bhilai plant capacity expansion (6.8 to 10.2 MTPA, approximately Rs 31,000 cr) and a proposed $350 million stainless-steel JV with Krakatau Steel, alongside divergently reported Q1FY27 profit figures across outlets.
P/E
16.5
Forward P/E
10.6
ROE
—
Debt / Equity
52.90
Profit Margin
+3.8%
Div. Yield
+1.0%
5Y ROE > 15%
0/5
5Y FCF > 0
2/5
Quality
53/100
News
8 headlines · 4 positive · 2 negative
SAIL, Krakatau Steel plan $350 million investment in stainless steel plant - Reuters
Reuters
India: SAIL crude steel output falls 6% q-o-q, sales decline 22% in Q1FY27; profitability improves - BigMint
BigMint
SAIL Q1 net profit more than doubles to Rs 1,644 cr - Moneycontrol.com
Moneycontrol.com
SAIL Q1 Results: Net Profit Slips 10%, Revenue Drops Even As Margin Expands - ndtvprofit.com
ndtvprofit.com
SAIL gives nod for capacity expansion of Bhilai plant from 6.8 MTPA to 10.2 MTPA at appx ₹31k cr - ET Infra
ET Infra
Recent context
- ·Q1FY27 results were reported with divergent characterizations on the same day: Moneycontrol described net profit 'more than doubling' to Rs 1,644 cr, while NDTV Profit reported a 10% profit decline with revenue down and margin expansion — likely reflecting different YoY/QoQ comparison bases.
- ·BigMint reported crude steel output down 6% quarter-on-quarter and sales down 22% in Q1FY27, alongside improving profitability.
- ·SAIL disclosed a Bhilai plant capacity expansion (6.8 to 10.2 MTPA, approximately Rs 31,000 cr) and a proposed $350 million stainless-steel plant investment with Krakatau Steel.
Strengths
- +Earnings growth of 121.1% over 5 years and a forward PE of 10.61 (versus trailing 16.52) point to anticipated near-term earnings expansion.
- +Quality score of 52 ranks 2nd of 6 within the Metals peer set, ahead of ADANIENT (19), HINDALCO (31), TATASTEEL (47) and JSWSTEEL (48).
- +Price remains above its 200-DMA (Rs 158.73) and is up 32.47% over the trailing 12 months.
- +Recent capital commitments include a Bhilai capacity expansion from 6.8 to 10.2 MTPA (approximately Rs 31,000 cr) and a proposed $350 million stainless-steel plant JV with Krakatau Steel.
Weaknesses
- −FCF was positive in only 2 of the tracked years and the fundamental consistency score is 29/100, with roeYearsAbove15 at 0 — sustained free cash generation and high returns on equity have not been demonstrated.
- −Profit margin of 3.84% is thin, and debt-to-equity of 52.9 sits alongside a flat rather than declining debt trend.
- −Trailing PE of 16.52 is priced above JSWSTEEL (12.59) and HINDZINC (13.28) despite SAIL's quality score (52) trailing HINDZINC's (68).
- −Price is down 8.16% over the past 3 months and sits below its 50-DMA (Rs 178.36), 18.47% below the 52-week high, even as the 12-month trend remains positive.
Open questions
- ?What specific comparison basis (YoY vs QoQ) explains the divergent Q1FY27 profit figures reported across outlets?
- ?Does the roeYearsAbove15 of 0 alongside a consistency score of 29 reflect a structural characteristic of the steel cycle or company-specific capital allocation choices?
- ?How is the approximately Rs 31,000 cr Bhilai expansion expected to be funded given a debt-to-equity of 52.9 and a flat rather than declining debt trend?
- ?What accounts for SAIL's PE premium to JSWSTEEL and HINDZINC despite those peers showing comparable or higher quality scores?
Peer comparison: Metals
Ranks 2 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| SAIL | Steel Authority of India Ltd.You're viewing | 16.5 | — | 52 |
| Industry avg | across 5 peers | 20.9 | +11.7% | 43 |
| HINDZINC | Hindustan Zinc Ltd. | 13.3 | — | 68 |
| JSWSTEEL | JSW Steel Ltd. | 12.6 | — | 48 |
| TATASTEEL | Tata Steel Ltd. | 21.6 | +11.2% | 47 |
| HINDALCO | Hindalco Industries Ltd. | 16.0 | +10.3% | 31 |
| ADANIENT | Adani Enterprises Ltd. | 41.1 | +13.7% | 19 |
Technical state
Current price
₹170.96
SMA 50
₹178.36
SMA 200
₹158.73
RSI (14)
54.6 (neutral)
From 52w high
-18.5%
1Y return
+32.5%
3M return
-8.2%
50-DMA
Below
200-DMA
Above
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highFree cash flow was positive in only 2 of the tracked years and the fundamental consistency score is 29 out of 100, with roeYearsAbove15 at 0 — sustained free cash generation and high returns on equity have not been demonstrated over the tracked period.
- mediumProfit margin of 3.84% is thin and debt-to-equity stands at 52.9 with a debt trend classified as flat rather than declining.
- mediumSAIL's trailing PE of 16.52 is priced above JSWSTEEL (12.59) and HINDZINC (13.28) despite SAIL's quality score of 52 trailing HINDZINC's 68; SAIL ranks 2nd of 6 peers on quality score but 4th of 6 on PE (i.e., more expensive than 3 of 5 peers).
- lowNews sample is thin (8 headlines total) and two same-day Q1FY27 headlines characterize profit direction differently — Moneycontrol reported net profit 'more than doubling' to Rs 1,644 cr while NDTV Profit reported a 10% profit decline — plausibly reflecting different YoY/QoQ comparison bases not disambiguated in the headlines. priceChange1Y is also null across all sector peers, so a 1-year sector price ranking cannot be computed.
Cross-section contradictions
- Price is up 32.47% over 12 months and remains above the 200-DMA, yet fundamental consistency score is only 29/100, FCF was positive in just 2 tracked years, and roeYearsAbove15 is 0 — the price trend is not obviously mirrored by balance-sheet or return-on-equity stability.
- Q1FY27 results were reported with opposite profit-direction characterizations on the same day (Moneycontrol: net profit 'more than doubles' to Rs 1,644 cr; NDTV Profit: net profit 'slips 10%'), most likely due to differing YoY vs QoQ comparison bases that are not clarified in the available headlines.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 11 Aug 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 30 Jul 2026 · rotates through NIFTY 500 every ~5 days