500113
Steel Authority of India Ltd
BSELast Traded Price
₹199.65
+7.35 (+3.82%)
Open
₹193.40
High
₹200.80
Low
₹193.00
Prev Close
₹192.30
Industry
Metals & Mining
Market Cap
82,457.29 Cr
Filing History
Recent corporate announcements and filings for 500113
Routine
Neutral
2026-08-27 18:00
New Filing detected. See link for details.
Governance
Positive
2026-08-21 12:51
- SAIL's AGM on Thursday, 24th September, 2026 at 10:30 AM.
- Record date for Final Dividend of Rs. 2.35/- per share for FY 2025-26 set as Wednesday, 30th September, 2026.
- Approved dividend to be paid within 30 days of AGM.
Business Update
Neutral
2026-08-10 17:22
- SAIL is exploring various options, including FPO/QIP, to raise funds for its capex needs.
- This fund-raising activity is currently in a preliminary stage.
Business Update
Positive
2026-08-01 15:55
- Management maintains full-year volume guidance, expecting growth over last year.
- Q2 NSR is anticipated to be down by INR1,000-INR2,000/tonne compared to Q1, with imported coal cost expected to reduce by INR1,000-INR2,000 from August.
- FY27 capex target is INR15,000 crores, projected to increase to over INR20,000 crores in the next 2-3 years.
- Cost reduction efforts target INR2,000-INR3,000/tonne this year, with potential net cost savings of INR2,000/tonne by FY28-29 due to new facilities.
- The company is advancing capital repairs and setting up a TMT bar mill at Durgapur (expected Sep-Dec 2027) to enhance finished steel production and profitability.
- Debt-equity ratio has reduced to 0.36, and efforts are ongoing to reduce working capital borrowings.
Business Update
Neutral
2026-07-30 10:19
- SAIL clarified a non-binding MOU with Krakatau Steel, Indonesia (July 6, 2026) to explore a Joint Venture for stainless steel slab manufacturing.
- This news was previously announced.
- SAIL is unaware of any unannounced information driving recent share price movement.
Business Update
Neutral
2026-07-28 17:14
- Audio recording of the conference call held on July 28, 2026, discussing Q1 FY27 results (Quarter ended June 30, 2026) is now available on SAIL's website.
Financials
Neutral
2026-07-24 18:43
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹26245.67Cr vs ₹25921.76Cr (▲1.25% YoY)
- EBITDA ₹4034.50Cr vs ₹2841.76Cr (▲41.97% YoY)
- PAT ₹1644.05Cr vs ₹744.58Cr (▲120.80% YoY)
- EBITDA Margin 15.37% vs 10.96% (▲441bps)
Business Update
Neutral
2026-07-23 17:26
- Concall Schedule Rescheduled
- Concall Date: 28th July, 2026
- New Concall Time: 9.30 AM (originally 11:00 AM)
- Purpose: To discuss financial results for quarter ended 30th June, 2026
Business Update
Neutral
2026-07-22 16:30
- Concall Schedule
- Concall Date: 28th July, 2026
- Concall Time: 11:00 AM
Governance
Neutral
2026-07-21 17:47
- SAIL's Board re-appointed M/s Shome & Banerjee, M/s Niran & Co., and M/s Narasimha Murthy & Co. as Cost Auditors for FY 2026-27 at their meeting on July 6, 2026.
Governance
Neutral
2026-07-20 16:41
- Board of Directors meeting to be held on July 24, 2026.
- Purpose: To consider and approve the Unaudited Standalone and Consolidated Financial Results for the Quarter ended June 30, 2026.
- Trading window closed from July 1, 2026, until 48 hours after the results are announced.
Routine
Neutral
2026-06-24 12:57
- The trading window for SAIL shares will remain closed from July 1, 2026, until 48 hours after the declaration of financial results for the quarter ended June 30, 2026. The date of the Board Meeting for considering results will be intimated in due course.
Governance
Negative
2026-05-29 15:45
CRITICAL RED FLAG DETECTED
Steel Authority of India Limited (SAIL) recorded non-compliance in its Annual Secretarial Compliance Report for FY 2025-26. The company failed to maintain the prescribed composition of its Board (including independent and independent woman directors) and various committees (Audit, Nomination & Remuneration, Stakeholders' Relationship, Risk Management) as per SEBI regulations. Stock exchanges (BSE, NSE) levied fines totaling over ₹10 lakhs for these violations. SAIL stated that director appointments are government-nominated and requested fine waivers, with some positions filled by late 2025.