Routine Neutral

2026-08-27 17:58

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Financials Positive

2026-08-21 13:10

- AGM for FY 2025-26 to be held on Thursday, 24th September, 2026, at 10:30 AM. - Final Dividend of Rs. 2.35/- per equity share (23.50%) has been recommended for FY 2025-26. - Record date for the Final Dividend is Wednesday, 30th September, 2026. - Dividend will be paid within 30 days from the date of approval by shareholders at the AGM.

Governance Positive

2026-08-21 13:07

- AGM for FY 2025-26 will be held on Thursday, 24th September, 2026 at 10:30 AM via VC/OAVM. - The record date for the Final Dividend of ₹2.35 per equity share for FY 2025-26 has been fixed as Wednesday, 30th September, 2026. - The dividend, if approved at the AGM, will be paid within 30 days from the date of approval.

Business Update Positive

2026-08-11 15:58

- SAIL is exploring various routes, including FPO/QIP, to raise funds for its capital expenditure (capex) needs. - This exploration is currently in a preliminary stage.

Business Update Positive

2026-08-10 17:26

- SAIL is exploring various routes, including FPO/QIP, to raise funds for its capex needs. - This fund-raising initiative is currently at a preliminary stage.

Business Update Positive

2026-08-01 16:01

- Q1 FY27 Highlights: Consolidated EBITDA surged over 50% YoY to ₹4,356 Cr, and PAT increased by approximately 150% YoY to ₹1,636 Cr. - EBITDA margin for Q1 FY27 stood at 16.7%, marked as one of the best since FY21-22. - Debt-to-equity ratio reduced to 0.36 from 0.38/0.39; cost of debt decreased to 6.24% from 6.8% YoY. - Capital expenditure for Q1 FY27 was ₹2,575 Cr; full-year FY27 capex target is ₹15,000 Cr, projected to increase to ₹20,000-26,000 Cr in subsequent years. - Q1 production and sales volumes were impacted by planned advanced capital repairs, but full-year volume growth guidance is maintained. - Expecting coking coal cost reduction of ₹1,000-2,000 per tonne in Q2 FY27. - Aims for cost reduction of ₹2,000-3,000 per tonne in FY27 from Q2 onwards, with a long-term potential of ₹1,500-2,000 per tonne net EBITDA savings by FY28-29 from new facilities. - Outlook remains positive with robust steel demand in India and management's commitment to efficiency and growth.

Business Update Neutral

2026-07-30 11:46

- SAIL confirmed a non-binding MOU with Krakatau Steel (Indonesia) on July 6, 2026, to explore a Joint Venture for manufacturing stainless steel slabs. - This information was previously published in early July 2026. - SAIL clarified that a recent Economic Times article was old news and not a trigger for recent share price movements. - The company is unaware of other undisclosed information explaining the price movement.

Business Update Positive

2026-07-30 10:21

- SAIL signed a non-binding MOU with Krakatau Steel, Indonesia, on July 6, 2026, to explore a Joint Venture for manufacturing stainless steel slabs. This information was previously released by SAIL in early July 2026. - The company clarified that a recent news article (July 29, 2026) was a repeat and did not trigger the share price movement on July 29, 2026.

Business Update Neutral

2026-07-28 17:19

- Audio recording of the conference call held on July 28, 2026, with Analysts & Investors is available. The call discussed the Company's results for the Quarter ended June 30, 2026. - The recording can be accessed at: https://sail.co.in/en/investors-relation/performance-highlights

Financials Negative

2026-07-24 18:48

CRITICAL RED FLAG DETECTED

- Consolidated Revenue ₹26,245.67Cr vs ₹25,921.76Cr (▲1.25% YoY) - EBITDA ₹4,034.50Cr vs ₹2,841.76Cr (▲41.97% YoY) - PAT ₹1,644.05Cr vs ₹744.58Cr (▲120.80% YoY) - EBITDA Margin 15.37% vs 10.96% (▲441bps) - The company's Board of Directors is not in compliance with regulations regarding the number of Independent Directors, Non-Executive Directors, and the absence of a Woman Director. - Certain officers and employees were suspended based on Ministry of Steel directives for investigation into policy/pricing decisions, though their suspension was later revoked, and management believes it will not materially impact operations.

Business Update Neutral

2026-07-23 17:34

- Concall Schedule for financial results for quarter ended June 30, 2026 has been revised. - Concall Date: 28th July, 2026 - Revised Concall Time: 9:30 AM (originally scheduled for 11:00 AM)

Business Update Neutral

2026-07-22 16:35

- Concall Schedule - Concall Date: 28th July, 2026 - Concall Time: 11.00 AM

Governance Neutral

2026-07-21 17:56

- Board of Directors re-appointed M/s Shome & Banerjee, M/s Niran & Co., and M/s Narasimha Murthy & Co. as Cost Auditors for FY 2026-27. - The re-appointment was approved at a board meeting held on July 6, 2026.

Routine Neutral

2026-06-24 17:31

- Trading Window for SAIL shares will close from July 1, 2026. It will reopen 48 hours after the declaration of Financial Results for the Quarter ended June 30, 2026. The Board Meeting date for results will be intimated later.

Business Update Positive

2026-05-20 16:05

SAIL management guided for FY27 sales volume of 22 million tons (targeting 23 million tons subsequently) and crude steel production of 22.5 million tons, achieved through operational efficiencies beyond current capacity. Capex is projected at INR15,000 crores for FY27, increasing to INR18,000-19,000 crores in FY28, and INR20,000-25,000 crores annually thereafter for expansions at IISCO, Bokaro, and Bhilai, with new capacity expected from FY30-31. Employee costs are anticipated to reduce, and the net debt-to-equity ratio (currently 0.37) is targeted for further reduction. Management expects firm steel prices and good margins in FY27, driven by efficiency improvements and cost reduction efforts, despite anticipated muted demand in Q1/Q2 FY27. BISL is identified for disinvestment.

Business Update Neutral

2026-05-16 17:07

SAIL announced that the audio recording of the conference call held on May 16, 2026, with analysts and investors to discuss the Company's results for the Quarter and Year ended March 31, 2026, is now available on its website at https://sail.co.in/en/investors-relation/performance-highlights.

Financials Negative

2026-05-15 20:00

CRITICAL RED FLAG DETECTED

Standalone Revenue ₹110810.24 Cr vs ₹102478.19 Cr (▲8.13% YoY), EBITDA ₹11326.30 Cr vs ₹10316.75 Cr (▲9.79% YoY), PAT ₹3233.48 Cr vs ₹2147.96 Cr (▲50.54% YoY). EBITDA Margin 10.22% vs 10.07% (▲15bps). The Board recommended a final dividend of ₹2.35 per equity share for FY26. Auditors noted non-compliance with board composition requirements and raised concerns regarding accounting for contingent liabilities and advances, suggesting a potential impact on reported financials, including a possible decrease in current assets, an increase in loss, and a reduction in equity.

Financials Neutral

2026-05-15 20:00

CRITICAL RED FLAG DETECTED

Standalone Revenue ₹30,813.45 Cr vs ₹29,316.08 Cr (▲5.1% YoY), EBITDA ₹4,076.22 Cr vs ₹3,451.29 Cr (▲18.1% YoY), PAT ₹1,679.51 Cr vs ₹1,177.96 Cr (▲42.6% YoY). EBITDA Margin 13.2% vs 11.8% (▲146bps). The Board also recommended a Final Dividend of Rs. 2.35/- per equity share for FY 2025-26.

Business Update Neutral

2026-05-12 13:00

SAIL has scheduled an Analyst and Institutional Investor Meet (Group Meet) for May 16, 2026, at 11:00 AM, via conference call. The meeting will discuss the financial results for the quarter ended March 31, 2026. Further details are available on the company's website.

Governance Positive

2026-05-09 20:36

Dr. Ashok Kumar Panda, previously Director (Finance), has been appointed as the Chairman & Managing Director (CMD) of Steel Authority of India Limited, effective May 9, 2026, following a Government of India order dated May 8, 2026. Dr. Panda's vision for his tenure includes strengthening SAIL's position as a top steel producer, focusing on value creation through capacity expansion, improved operational efficiencies, cost control, and enhanced financial performance.

Governance Neutral

2026-04-21 16:34

Three Non-Official Independent Directors, Dr. Gopal Singh Bhati, Dr. Anju Bajpai, and Shri Manjeet Kumar Razdan, ceased to be members on SAIL's Board on April 20, 2026, upon completion of their one-year tenure.

Governance Neutral

2026-04-21 16:34

Dr. Gopal Singh Bhati, Dr. Anju Bajpai, and Shri Manjeet Kumar Razdan, Non-Official Independent Directors of SAIL, ceased to be members of the Board on April 20, 2026, upon completion of their one-year tenure which began on April 21, 2025.

Governance Neutral

2026-04-21 16:33

SAIL informed that Dr. Gopal Singh Bhati, Dr. Anju Bajpai, and Shri Manjeet Kumar Razdan ceased to be Non-Official Independent Directors on the Board effective April 20, 2026, upon completion of their one-year tenure.

Governance Negative

2026-04-02 12:34

CRITICAL RED FLAG DETECTED

Shri Amarendu Prakash resigned as Chairman and Managing Director of SAIL, effective April 1, 2026. Shri Krishna Kumar Singh, Director (Personnel), has been given additional charge as CMD for three months from April 2, 2026, or until a regular incumbent is appointed.

Governance Negative

2026-04-02 12:31

CRITICAL RED FLAG DETECTED

Shri Amarendu Prakash resigned as SAIL's Chairman and Managing Director, effective April 1, 2026. Shri Krishna Kumar Singh, Director (Personnel), will hold additional charge as CMD for three months from April 2, 2026, or until a regular incumbent is appointed.

Routine Neutral

2026-03-27 17:04

SAIL announced the closure of its trading window from April 1, 2026, until 48 hours after the declaration of financial results for the quarter and year ended March 31, 2026, to prevent insider trading as per SEBI regulations.

Governance Positive

2026-03-19 18:04

Shri T.N.Natarajan has been appointed as Director (Commercial) on the SAIL Board, effective March 19, 2026. He brings over 32 years of diverse experience within SAIL, with a track record of contributing to market share and profitability.

Governance Neutral

2026-02-20 13:03

Steel Authority of India Ltd (SAIL) announced that Shri Manish Raj Gupta, Director (Technical, Projects and Raw Materials), has been redesignated as Director (Mining) by the Government of India, Ministry of Steel, effective 18th February, 2026.

Business Update Positive

2026-02-06 16:44

Transcript of Steel Authority of India Limited's Q3 FY26 Earnings Conference Call. For the nine-month period of FY26, revenue increased 9% to ₹79,997 Cr and PAT grew 60% YoY. The company reduced debt by ₹5,000 Cr and discussed expansion plans, expecting good margins for Q4.

SAIL

Steel Authority of India Limited

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