Steel Authority of India Limited (SAIL) has reported a strong performance for the fiscal year 2026, achieving a turnover of Rs. 109,966 crore and a Profit After Tax (PAT) of Rs. 3,233 crore. Despite global economic challenges, the company maintained production momentum with 20.483 MT of Hot Metal and 19.434 MT of Crude Steel, underscoring its resilience and operational efficiency in a competitive market environment.
Financial Highlights of FY’26
SAIL demonstrated robust financial health throughout FY’26. The company recorded a turnover of Rs. 109,966 crore, supported by a Revenue From Operations of Rs. 110,810 crore. Profitability remained steady with an EBITDA of Rs. 13,146 crore, reflecting an EBITDA Margin of 11.95%. The Profit After Tax (PAT) stood at Rs. 3,233 crore, with an Earnings Per Share (EPS) of 7.83.
Operational Achievements
The company sustained high production levels, yielding 20.483 MT of Hot Metal, 19.434 MT of Crude Steel, and 19.177 MT of Saleable Steel. Sales performance was equally strong, totaling 19.932 MT, with domestic sales accounting for the vast majority at 19.667 MT. Mining operations also showed substantial output, with 38.070 MT of Iron Ore extracted during the year.
Focus on Debt Reduction and Sustainability
A significant highlight of the fiscal year was the company’s commitment to financial deleveraging. Debt-equity ratios improved to 0.55, and total debt (IndAS) stood at Rs. 31,922 crore. Simultaneously, SAIL continued its focus on Sustainable Operations, optimizing resource usage by reducing specific water consumption to 2.85 m3/tcs and improving solid waste utilization to 120%, demonstrating a balanced approach to industrial growth and environmental responsibility.
Market Outlook
While global steel production saw a slight decline in early CY’26, India remained a key bright spot with ~11% growth in crude steel production and ~8% growth in finished steel consumption during the year. SAIL’s strategic focus on value-added products, which comprise 55.8% of its saleable steel production, positions the company well to capitalize on the continued demand driven by infrastructure and capital goods sectors in the domestic market.
Source: BSE
