Steel Authority of India Ltd
About
Steel Authority of India Limited (SAIL), established on January 24, 1973, is one of India's largest iron and steel manufacturers and a Maharatna public sector enterprise. The Government of India owns approximately 65% of SAIL's equity, granting it operational and financial autonomy. Headquartered in New Delhi, SAIL operates major steel plants in Bhilai, Bokaro, Durgapur, Rourkela, and other locations.SAILR&D capabilitiesare supported by its in-house Research and Development Centre for Iron and Steel (RDCIS) in Ranchi, Jharkhand, along with a Centre for Engineering & Technology and captive engineering shops. The company’s Central Marketing Organisation (CMO), certified under ISO 9001:2015, is India’s largest industrial marketing network, ensuring efficient distribution of its steel products across the country.
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Financial Data 2024
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Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 110239 -1.1% | 111501 6.2% | 105033 58.0% | 66495 -2.7% | 68343 -2.9% | 70407 21.6% | 57888 29.4% | 44736 15.5% | 38746 -20.0% | 48450 1.0% | 47950 -0.3% | 48083 -4.1% | 50142 7.8% | 46530 10.3% | 42203 -11.7% | 47793 - |
| Net Operating Income (INR Cr) | 105378 0.89% | 104448 0.94% | 103477 49.72% | 69114 12.08% | 61664 -7.93% | 66973 16.48% | 57496 30.05% | 44210 13.96% | 38793 -15.86% | 46103 -1.69% | 46898 4.28% | 44975 -3.62% | 46662 7.52% | 43399 7.04% | 40546 -6.18% | 43219 8.49% |
| Profit (INR Cr) | 3067 40.9% | 2177 -82.2% | 12243 195.2% | 4148 95.6% | 2121 -9.7% | 2349 - | -281 - | -2756 - | -4177 - | 2035 -23.3% | 2652 13.9% | 2329 -35.2% | 3594 -28.3% | 5014 -26.8% | 6851 9.7% | 6245 - |
| Assets (INR Cr) | 102478 7.6% | 95249 17.7% | 80950 -9.4% | 89365 -12.0% | 101530 11.9% | 90702 3.5% | 87654 4.9% | 83559 4.1% | 80259 -1.2% | 81219 8.6% | 74782 7.2% | 69792 11.4% | 62668 0.2% | 62517 21.7% | 51382 38.4% | 37136 - |
| Net Worth (INR Cr) | 57101 4.3% | 54747 1.0% | 54212 19.4% | 45406 9.4% | 41510 4.7% | 39646 7.3% | 36947 -0.3% | 37042 -7.7% | 40151 -8.3% | 43771 1.1% | 43285 3.9% | 41644 3.4% | 40278 7.1% | 37613 11.5% | 33743 18.6% | 28445 22.1% |
| Employee Cost (INR Cr) | 11766 -2.5% | 12072 -6.2% | 12862 21.7% | 10565 20.1% | 8797 -1.7% | 8950 -1.9% | 9120 -0.7% | 9181 -5.6% | 9729 -1.7% | 9900 2.0% | 9708 10.9% | 8756 8.9% | 8038 3.5% | 7765 40.5% | 5527 -36.2% | 8663 - |
| Interest Cost (INR Cr) | 2474 | 2037 | 1698 | 2817 | 3487 | 3155 | 2823 | 2528 | 2300 | 1555 | 1047 | 846 | 1085 | 572 | 474 | 264 |
| Cash & Bank Balance (INR Cr) | 673 | 551 | 786 | 796 | 445 | 288 | 346 | 379 | 346 | 2636 | 3142 | 4177 | 6662 | 17749 | 22719 | 18522 |
| Total Debt (INR Cr) | 36323 | 30773 | 17284 | 37677 | 54127 | 45170 | 45409 | 41396 | 35141 | 32146 | 26020 | 22539 | 17405 | 20475 | 17638 | 8691 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 2.8% | 2.0% | 11.7% | 6.2% | 3.1% | 3.3% | - | - | - | 4.2% | 5.5% | 4.8% | 7.2% | 10.8% | 16.2% | 13.1% |
| Profit As % Of Assets | 3.0% | 2.3% | 15.1% | 4.6% | 2.1% | 2.6% | - | - | - | 2.5% | 3.6% | 3.3% | 5.7% | 8.0% | 13.3% | 16.8% |
| Profit As % Of Networth | 5.4% | 4.0% | 22.6% | 9.1% | 5.1% | 5.9% | - | - | - | 4.7% | 6.1% | 5.6% | 8.9% | 13.3% | 20.3% | 22.0% |
| Interest Cost to EBITDA % | 24.0% | 25.5% | 8.1% | 22.6% | 36.9% | 33.7% | 73.7% | - | - | 32.9% | 24.5% | 17.8% | 18.3% | 7.3% | 5.1% | 3.1% |
| Debt to Equity Ratio | 0.64 | 0.56 | 0.32 | 0.83 | 1.30 | 1.14 | 1.23 | 1.12 | 0.88 | 0.73 | 0.60 | 0.54 | 0.43 | 0.54 | 0.52 | 0.31 |
| RONW | 6.4% | 3.6% | 24.6% | 9.6% | 6.5% | 6.9% | - | - | - | 4.5% | 4.3% | 5.7% | 9.2% | 14.1% | 22.0% | 24.1% |
| ROCE | 7.3% | 5.3% | 21.1% | 10.5% | 7.9% | 8.0% | 2.7% | -2.7% | -6.0% | 4.9% | 4.4% | 6.5% | 10.2% | 14.0% | 24.3% | 30.5% |