profit from every ₹100 of sales.

Steel Authority of India
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay ₹21.58 for every ₹1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Steel Authority of India sold, what it kept, and what it did with the cash.
Sales went from ₹1.04 trillion in 2023 to ₹1.11 trillion in 2026, with ₹33.7 billion of profit last year.
Steel Authority of India handed back 6% of the cash it generated last year.
Steel Authority of India vs. similar companies
Steel Authority of India grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
Steel Authority of India | 21.6× · Fair price | ||
Nucor | 32.5× · Expensive | ||
ArcelorMittal | 15.0× · Cheap | ||
JSW Steel | 14.8× · Cheap | ||
Steel Dynamics | 27.5× · Fair price |
AI analysis
An AI analyst reads Steel Authority of India's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 1,037,490 | 1,045,677 | 1,024,791 | 1,108,108 | |
| 367,087 | 385,483 | 514,819 | 557,290 | |
| 41,093 | 63,385 | 49,955 | 60,124 | |
| 97,437 | 117,544 | 116,954 | 126,513 | |
| 21,765 | 30,667 | 23,718 | 33,728 | |
| 5.27 | 7.42 | 5.74 | – | |
| 35.4% | 36.9% | 50.2% | 50.3% | |
| 4.0% | 6.1% | 4.9% | 5.4% | |
| 2.1% | 2.9% | 2.3% | 3.0% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 1,304,811 | 1,407,086 | 1,363,709 | 1,358,961 |
| Cash | 571 | 694 | 2,916 | 287 |
| Total debt | 307,734 | 363,227 | 369,339 | 319,277 |
| Total liabilities | 757,344 | 836,074 | 774,653 | 755,402 |
| 547,467 | 571,012 | 589,056 | 603,559 | |
| 4,131 | 4,131 | 4,132 | – | |
| 4.2% | 5.2% | 4.7% | 5.4% | |
| 4.0% | 5.4% | 4.0% | 5.6% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| -52,902 | 29,109 | 99,143 | 190,393 | |
| 39,216 | 47,107 | 62,212 | 87,581 | |
| -92,118 | -17,998 | 36,932 | 102,812 | |
| Dividends paid | 13,424 | 6,196 | 4,131 | 6,609 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 21.6×
- –
- –
- 1.2×
- 0.7×
- 7.1×
- 8.3×
- 14.1%
- 4.6%
- 0.9%
Profitability
- 50.3%
- 5.4%
- 3.0%
- –
- 5.4%
- 4.9%
- –
- –
- –
- –
Growth
- +2.2%
- –
- –
- –
- +0.0%
Financial health
- 2.5×
- 0.53
- –
- 3.1×
- 0.82
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
19.6% of its profit
Room to growStretchedMore than it earns: 6.4%
News
Jim Cramer Says Interim Nvidia CEO Colette Kress Leads With ‘Steel Fist’ After Jensen Huang Exit: ‘Absolutely The One You Need Right Now’Yahoo Finance · Nov 13, 2026Nippon Steel Corporation reports 1H resultsSeeking Alpha · Nov 5, 2026Simpson outlines 2026 operating margin of 20.0% to 20.5% as it readies additional steel-driven pricing actionsSeeking Alpha · Oct 27, 2026U.S. steel prices surge to four-year highs as overseas supplies decline sharplySeeking Alpha · Oct 16, 2026Algoma expects 65% drop in Q3 steel shipments after turbine outageSeeking Alpha · Oct 1, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Steel Authority of India
Is Steel Authority of India a good stock to buy?
A business with weak numbers at a fair price. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Steel Authority of India AI analysis
What does Steel Authority of India do?
Steel Authority of India Limited, a steel-making company, manufactures and sells iron and steel products in India and internationally. It is in Steel, based in New Delhi, India, with 53,159 employees.
Does Steel Authority of India pay a dividend?
Yes. At today's price the dividend is 0.9% a year, about 20% of its yearly profit. In 2026 it paid out ₹6.61 billion in dividends.
Is Steel Authority of India stock halal?
No. Steel Authority of India does not pass our halal screen: its debt is 44% of its market value, at or above the 33% limit. How we check
How has Steel Authority of India stock done over the past year?
Up 38.4% over the past twelve months, to ₹176.20. It traded between ₹125.91 and ₹206.06 and is 14.5% below its high.
Who are Steel Authority of India's competitors?
The largest listed companies in the same industry are Nucor, ArcelorMittal, JSW Steel and Steel Dynamics. The peers table on this page compares their profit, growth and price with Steel Authority of India's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



