Steel Authority of India Limited Share Price and Company Fundamentals
Last traded: Yesterday at 10:00 AM
Steel Authority of India Limited, a steel-making company, manufactures and sells iron and steel products in India and internationally. It offers rails, long rails, blooms, billets, slabs, channels, joists, angles, TMT rebars, wire rods, crane rails, plates, pig iron, and coal chemicals; narrow slabs; wheels and axles; and plate mill plates, HR plates, HR coils, CR sheets/coils, plain and corrugated galvanized sheets, ERW pipes, spiral weld pipes, and CRNO. The company also provides GP and GC sheets, galvanized steel, HRPO, bars and rebars, Z-bars, MS Arch, cold-rolled stainless steel, hot rolled carbon and stainless-steel products, micro-alloyed carbon steel, and alloy steel squares and rounds. In addition, it offers wear resistant plates, forgings, carne wheels, forged rolls/plates, stainless steel slabs, special steel, and rolled and forged alloy products; and high/medium/low carbon ferromanganese, and silico-manganese products. The company was founded in 1954 and is based in New Delhi, India.
Key Metrics
PE ratio
2.33
PB ratio
0.53
Dividend yield
12.57%
Beta
1.77
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Steel / Basic Materials |
|---|---|
| Website | https://sail.co.in |
| Mailing address | Ispat Bhawan Lodi Road New Delhi 110003 India |
| Phone / Fax | 91 11 2436 7481 / 91 11 2436 7015 |
Dividends
Dividend yield
12.57%
Dividend amount
₹8.75
Payout ratio
28.00%
Steel Authority of India Limited paid ₹8.75 dividend and the ex-dividend date was 28 Mar 2022.The dividend payout ratio is 28.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.SAIL dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
SAIL's forward dividend amount is ₹6.5 and the forward dividend yield is 9.34%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Jul 2022, following are the company executives and directors listed on Steel Authority of India Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Ms. Soma Mondal | Director of Personnel & Chairman | 58 | 5.68M |
| Mr. M. B. Balakrishnan | Company Sec. & Compliance Officer | 3.71M | |
| Mr. Anirban Dasgupta | Whole Time Director | 56 | 5.29M |
| Mr. Amarendu Prakash | Exec. Director | 2.25M | |
| Mr. Anil Kumar Tulsiani | Director of Fin., Exec. Director of Accounts & Exec. Director | ||
| Ajay Arora | Exec. Director of Operations | ||
| Mr. K. K. Singh | Exec. Director of Personnel & Admin. | ||
| Sanjay Sharma | Exec. Director of Personnel & Admin. | ||
| A. K. Sinha | Exec. Director of Law & PLO | ||
| Mr. A. V. Kamlakar | Chief Exec. Officer of IISCO Steel Plant |
Profitability and management effectiveness
Profit margin
11.83%
Operating margin
16.49%
Return on assets
8.91%
Return on equity
24.58%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Steel Authority of India Limited is and its enterprise value is .
The SAIL's stocks Beta value is 1.77 making it 77% more volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Steel Authority of India Limited (NSE:SAIL) Frequently Asked Questions
1. What is Steel Authority of India Limited's Stock Symbol?
Steel Authority of India Limited trades on NSE under the ticker symbol "SAIL".
2. What is Steel Authority of India Limited's stock price today?
One share of SAIL stock can currently be purchased for approximately ₹69.6.
3. How can I contact Steel Authority of India Limited?
Steel Authority of India Limited's mailing address is Ispat Bhawan Lodi Road New Delhi 110003 India. The company can be reached via phone at 91 11 2436 7481.
4. What is Steel Authority of India Limited's official website?
The official website of Steel Authority of India Limited is https://sail.co.in.