Should I buy or sell Steel Authority Of India?

The average broker rating on Steel Authority Of India is Sell. The breakup of analyst rating is given below - 12 analysts have given a strong sell rating 4 analysts have given a sell rating 6 analysts have given a hold rating 1 analysts have given a buy rating 0 analysts have given a strong buy rating

Is Steel Authority Of India a good stock to invest in?

Steel Authority Of India can be analyzed on the following key metrics - TTM P/E: 18.09 Sector P/E: 15.01 Dividend Yield: 1.36% D/E ratio: -

Steel Authority Of India Share Price

Sector: Iron & Steel

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147.00 -2.85 (-1.90%)

1D
5D
1M
3M
6M
1Y
5Y
MAX

Price Range

Today’s Low 146.2

Today’s High 151.4

52 Week Low 81.85

52 Week High 175.65

Key Metrics

Market Cap (In Cr) 60722.85
Beta 2
Div. Yield (%) 1.36
P/B 1.06
TTM P/E 18.09
Sector P/E 15.01
D/E 0.64
Open Price 151
Prev Close 149.85

View All Metrics

Steel Authority Of India Analysis

Price Analysis

1 Week

-4.17%
3 Months

12.57%
6 Month

29.47%
YTD

18.89%
1 Year

74.08%

Risk Meter

51% Low risk
51% Moderate risk
51% Balanced Risk
51% High risk
51% Extreme risk

Recos

Strong Sell
Sell
Hold
Buy
Strong Buy

Analysts' Views

Ratings
Current
1 W Ago
1 M Ago
3 M Ago

Strong Buy
0
0
0
1

Buy
1
1
1
1

Hold
6
7
7
6

Sell
4
4
4
4

Strong Sell
12
11
11
10

Total
23
23
23
22

Steel Authority Of India News

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Steel Authority Of India Financials

INCOME
BALANCE SHEET
Cashflow

DATE

Annual

Quarterly

Period
2024

Total Revenue
105378.33

Selling/ General/ Admin Expenses Total
11765.72

Depreciation/ Amortization
5278.37

Other Operating Expenses Total
28108.78

Total Operating Expense
100348.2

Operating Income
5030.13

Net Income Before Taxes
4061.81

Net Income
3066.67

Diluted Normalized EPS
8.96

Period
2023

Total Revenue
104447.72

Selling/ General/ Admin Expenses Total
19620.72

Depreciation/ Amortization
4963.51

Other Operating Expenses Total
931.57

Total Operating Expense
100396.9

Operating Income
4050.82

Net Income Before Taxes
2892.44

Net Income
2176.53

Diluted Normalized EPS
4.65

Period
2022

Total Revenue
103476.84

Selling/ General/ Admin Expenses Total
19723.69

Depreciation/ Amortization
4274.99

Other Operating Expenses Total
839.07

Total Operating Expense
86525.19

Operating Income
16951.65

Net Income Before Taxes
16291.87

Net Income
12243.47

Diluted Normalized EPS
30.32

Period
2021

Total Revenue
69113.61

Selling/ General/ Admin Expenses Total
16237.83

Depreciation/ Amortization
4102.75

Other Operating Expenses Total
614.06

Total Operating Expense
60381.48

Operating Income
8732.13

Net Income Before Taxes
7205.65

Net Income
4148.13

Diluted Normalized EPS
10.01

Period
2020

Total Revenue
61664.16

Selling/ General/ Admin Expenses Total
14529.92

Depreciation/ Amortization
3755.73

Other Operating Expenses Total
606.09

Total Operating Expense
55681.31

Operating Income
5982.85

Net Income Before Taxes
3301.58

Net Income
2120.71

Diluted Normalized EPS
6.41

Period
2019

Total Revenue
66973.58

Selling/ General/ Admin Expenses Total
14934.22

Depreciation/ Amortization
3385.34

Other Operating Expenses Total
667.96

Total Operating Expense
60676.58

Operating Income
6297

Net Income Before Taxes
3549.24

Net Income
2348.71

Diluted Normalized EPS
6.22

Period
2018

Total Revenue
58966.16

Selling/ General/ Admin Expenses Total
13331.93

Depreciation/ Amortization
3065.97

Other Operating Expenses Total
531.79

Total Operating Expense
57273.53

Operating Income
1692.63

Net Income Before Taxes
-526.63

Net Income
-281.4

Diluted Normalized EPS
-0.64

View detailed financials

Forecast

Income Sheet (In Cr) Net Income Vs Revenue

Returns Metrics (In Cr) ROA Vs ROE

Forecast

Balance Sheet Asset vs Liability

Forecast

Cash Flow Operating vs Investing

Steel Authority Of India Technical

Moving Average SMA

5 Day152.54
10 Day151.84
20 Day156.07

50 Day156
100 Day141.3
300 Day119.9

Steel Authority Of India Peers

Price
Ratio

Name
Latest Price
Change
% Change
52W High
52W Low
Mkt. Cap

Jindal Steel & Power
1057.3
-13.6
-1.27
1097.1
563.1
107853.91

Jindal Stainless
811.75
11.05
1.38
840
322.15
66842.3

Steel Authority Of India
147
-2.85
-1.9
175.65
81.85
60718.72

APL Apollo Tubes
1629
11
0.68
1806.2
1298
45212.9

Lloyds Metals & Energy
725.45
-3.25
-0.45
774.95
374
36653.62

Steel Authority Of India Shareholding

Shareholding Pattern

Shareholding Trend

Shareholding(%) v/s Date

View All

Corporate Actions

Board Meeting
AGM
Dividends
Bonus
Split
Rights

Meeting Date
Purpose

20-May-24
Audited Results & Final Dividend

12-Feb-24
Quarterly Results & Interim Dividend

10-Nov-23
Quarterly Results

10-Aug-23
Quarterly Results

25-May-23
Audited Results & Final Dividend

16-Mar-23
Interim Dividend

13-Feb-23
Quarterly Results

10-Nov-22
Quarterly Results

10-Aug-22
Quarterly Results

23-May-22
Audited Results & Final Dividend

Meeting Date
Announced on
Purpose

27-Sept-23
06-Sept-23
AGM

06-May-22
04-Apr-22
POM

Announced on
Record Date
Ex-Dividend
Dividend Value

21-May-24
-
-
1

05-Feb-24
20-Feb-24
20-Feb-24
1

26-May-23
20-Sept-23
20-Sept-23
0.5

10-Mar-23
24-Mar-23
24-Mar-23
1

23-May-22
29-Jul-22
28-Jul-22
2.25

14-Mar-22
29-Mar-22
28-Mar-22
2.5

22-Oct-21
10-Nov-21
09-Nov-21
4

11-Jun-21
-
20-Sept-21
1.8

25-Jan-21
06-Feb-21
04-Feb-21
1

View All

Company Profile

ABOUT Steel Authority Of India

Industry Iron & Steel
ISIN INE114A01011
BSE Code 500113
NSE Code SAIL

Steel Authority of India Limited is an India-based company that is engaged primarily in steel manufacturing business. The Company is engaged in the manufacturing and sale of iron and steel products. The Company's business segments include five integrated steel plants and three alloy steel plants. The Company's steel plants include Bhilai Steel Plant, Chhattisgarh; Durgapur Steel Plant, West Bengal; Rourkela Steel Plant, Odisha; Bokaro Steel Plant, Jharkhand; IISCO Steel Plant, West Bengal; Alloy Steels Plant, West Bengal; Salem Steel Plant, Tamil Nadu; Visvesvaraya Iron and Steel Plant, Karnataka, and Chandrapur Ferro Alloy Plant, Maharashtra. Its products include blooms, billets, joists, narrow slabs, channels, angles, wheels and axles, pig iron and coal chemicals, cold rolled stainless steel, hot rolled carbon and stainless-steel products, micro-alloyed carbon steel wire rods, bars and rebars, CR coils sheets, GC sheets, galvannealed steel, HRPO, pig iron and coal chemicals.

MANAGEMENT

Amarendu Prakash Executive Chairman of the Board
Anil Tulsiani Whole Time Director, Director (Finance)
M. B. Balakrishnan Compliance Officer, Company Secretary
Atanu Bhowmick Whole Time Director - Director In-charge (Rourkela Steel Plant) Holding Additional Charge of Director In-charge (Bokaro Steel Plant)
Vejendla Chakravarthy Whole Time Director - Commercial
Anirban Dasgupta Director In-charge (Bhilai Steel Plant)
Brijendra Sing Whole Time Director - Director In-charge (Burnpur and Durgapur Steel Plant)
Arvind Singh Executive Director, Director (Technical, Projects and Raw Materials)
Krishna Singh Executive Director - Director (Personnel)
Birendra Tiwari Director-In-Charge (Bokaro Steel Plant)

STEEL AUTHORITY OF INDIA SUMMARY

Steel Authority Of India is trading 1.90% lower at Rs 147.00 as compared to its last closing price. Steel Authority Of India has been trading in the price range of 151.4 & 146.2. Steel Authority Of India has given 18.89% in this year & -4.17% in the last 5 days.

Steel Authority Of India has TTM P/E ratio 18.09 as compared to the sector P/E of 15.01. There are 23 analysts who have initiated coverage on Steel Authority Of India. There are 0 analysts who have given it a strong buy rating & 1 analysts have given it a buy rating. 4 analysts have given the stock a sell rating.

The company posted a net profit of 1125.68 Crores in its last quarter.

Listed peers of Steel Authority Of India include Jindal Steel & Power (-1.27%), Jindal Stainless (1.38%), Steel Authority Of India (-1.9%) etc.

Steel Authority Of India has a 65% promoter holding & 0% public holding.

FAQs about Steel Authority Of India

Steel Authority Of India is trading at 147.00 as on 25 Jun, 2024 3:58:25 PM. This is -1.90% lower as compared to its previous closing price of 149.85

The market capitalization of Steel Authority Of India is 60722.85 Cr as on 25 Jun, 2024 3:58:25 PM.

The average broker rating on Steel Authority Of India is Sell. The breakup of analyst rating is given below -

12 analysts have given a strong sell rating
4 analysts have given a sell rating
6 analysts have given a hold rating
1 analysts have given a buy rating
0 analysts have given a strong buy rating

The 52 wk high for Steel Authority Of India is 175.65 whereas the 52 wk low is 81.85

Steel Authority Of India can be analyzed on the following key metrics -

TTM P/E: 18.09
Sector P/E: 15.01
Dividend Yield: 1.36%
D/E ratio: -

Steel Authority Of India reported a net profit of 3066.67 Cr in 2024.

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Steel Authority Of India Share Price

Price Range

Price Range

Key Metrics

Steel Authority Of India Analysis

Steel Authority Of India News

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Explained: What's driving the ongoing uptrend in metal stocks?

LANCOR HOLDINGS ORD, Brightcom Group & others hit 52 week low today ;Check the full list here?

Steel Authority Of India Financials

Forecast

Forecast

Forecast

Steel Authority Of India Technical

Steel Authority Of India Peers

Steel Authority Of India Shareholding

Shareholding Pattern

Shareholding Trend

Corporate Actions

Company Profile

ABOUT Steel Authority Of India

MANAGEMENT

STEEL AUTHORITY OF INDIA SUMMARY

FAQs about Steel Authority Of India

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