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Non-Energy Minerals

Steel Authority of India Ltd.

Business Summary

Steel Authority of India Ltd. engages in the manufacture and sale of steel and steel products. It offers flat products such as hot rolled coils, hot rolled plates, cold rolled coils, pipes, and electrical sheets; and long products such as thermo mechanical bars and wire rods. The firm operates through the following segments: BSP, DSP, RSP, BSL, ISP, ASP, SSP, VISL, and Others. The company was founded on January 19, 1954 and is headquartered in New Delhi, India.

Financial Highlights

Mar 2021 INRUSD
Revenue689,825.90M9,292.45M
Gross Profit157,674M2,123.98M
Operating income85,903.50M1,157.18M
Income before tax67,379.10M907.64M
Net income41,481.30M558.78M
EBITDA126,931.30M1,709.85M
Diluted EPS10.040.13
Dividends Per Share2.800.03
Total Assets1,248.22B17,072.42M
Total liabilities794,167M10,862.07M
Total equity454,062.20M6,210.35M
Operating cash flow206,211.10M2,777.81M
Currency in INRCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 445,017.70M 575,600.20M 668,711.60M 615,411.60M 689,825.90M
Gross Profit 17,148.50M 75,186.80M 137,072.50M 129,557.30M 157,674M
Operating income -25,360.20M 16,856.30M 64,221.20M 66,597.40M 85,903.50M
Income before tax -49,096.10M -8,114.90M 35,492.40M 31,072.60M 67,379.10M
Net income -27,561.70M -2,814M 23,487.10M 21,207.10M 41,481.30M
EBITDA 1,455.80M 47,515.70M 98,074.60M 104,154.70M 126,931.30M
Diluted EPS -6.67 -0.68 5.68 5.13 10.04
Dividends Per Share 0 0 0.50 0 2.80
Total Assets 1,152.66B 1,244.76B 1,281.11B 1,384.66B 1,248.22B
Total liabilities 781,959.40M 875,015.60M 884,650M 969,559.20M 794,167M
Total equity 370,422.60M 369,466.50M 396,461.50M 415,102.30M 454,062.20M
Operating cash flow -3,666.70M 33,334.30M 40,348M -41,250.50M 206,211.10M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 6,636.40M 8,928.73M 9,560.84M 8,679.26M 9,292.45M
Gross Profit 255.72M 1,166.30M 1,959.78M 1,827.17M 2,123.98M
Operating income -378.18M 261.47M 918.19M 939.23M 1,157.18M
Income before tax -732.15M -125.87M 507.44M 438.22M 907.64M
Net income -411.01M -43.65M 335.80M 299.08M 558.78M
EBITDA 21.70M 737.06M 1,402.21M 1,468.91M 1,709.85M
Diluted EPS -0.09 -0.01 0.08 0.07 0.13
Dividends Per Share 0 0 0.00 0 0.03
Total Assets 17,750.98M 19,085.06M 18,493.12M 18,303.22M 17,072.42M
Total liabilities 12,042.18M 13,416.02M 12,770.11M 12,816.16M 10,862.07M
Total equity 5,704.51M 5,664.77M 5,723.00M 5,487.05M 6,210.35M
Operating cash flow -54.68M 517.08M 576.87M -581.76M 2,777.81M

Valuation Measures

Mar 2021
PER7.85
ROA3.15%
ROE9.54%
Operating margin12.45%
Profit margin6.01%

Key executives

  • Chairman: Soma Mondal
  • Chief Executive Officer & Director: Anirban Dasgupta
  • Head-Operations: Ajay Arora
  • Director & Finance Director: Amit Sen
  • Director & Technical Director: Harinand Rai

Shareholders

  • Government of India (65.0%)
  • Life Insurance Corp of India (8.4%)
  • JHUNJHUNWALA RAKESH /STEEL/ (1.3%)
  • Nippon Life India Asset Management Ltd. (Invt Mgmt) (0.9%)
  • Kotak Mahindra Asset Management Co. Ltd. (0.7%)
  • The Vanguard Group, Inc. (0.7%)
  • ICICI Prudential Asset Management Co. Ltd. (0.5%)
  • Dimensional Fund Advisors LP (0.3%)
  • Aditya Birla Sun Life Amc Ltd. (Investment Management) (0.3%)
  • Edelweiss Asset Management Ltd. (0.2%)

Contact Details

  • Website:http://www.sail.co.in
  • Address: Ispat Bhawan, Lodi Road, New Delhi, 110003, India
  • Phone: +91.11.24367481

Related Companies

  • Steel Authority of Ind Ltd. Alloy Stels Plt Provident Fund
  • Steel Authority of India Ltd. Provident Fund Trust
  • SAIL Refractory Co. Ltd.
  • Steel Authority of India Ltd. Gratuity Fund
  • Burnpur & Maharashtra Elektrosmett Ltd.
  • Sail Growth Works
  • Alloy Steel Plant Ltd.
  • Durgapur Steel Plant Ltd.
  • Bhilai Steel Plant
  • Salem Steel Plant Ltd.
  • Bokaro Steel Plant Ltd.
  • Visvesvaraya Iron & Steel Ltd.
  • Bharat Refractories Ltd.
  • National Iron & Steel Co. Ltd.
  • Indian Iron & Steel Co. Ltd.

Competitors

  • Vedanta Limited
Last Updated on 14 Oct, 2021

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