Established in: 1973 Managing Director: Amarendu Prakash
Steel Authority of India Limited (SAIL) is one of the largest steel-making companies in India. As a Maharatna and a public sector unit, the company operates integrated steel plants and delivers a wide range of products.
SAIL manufactures and sells steel products like hot and cold rolled sheets and coils, electrical sheets, structurals, railway products, plates, bars and rods, stainless steel and other alloy steel.
These products are heavily used in construction, railways, automobiles, defence and energy.
With a strong domestic presence and a trusted legacy, SAIL remains an important contributor to India’s industrial and economic progress.
The Steel Authority of India (SAIL) share price consistently performed well and delivered 20% CAGR over a 5-year time period.
Steel Authority of India Limited (SAIL) was established in 1973 with an objective of managing and developing India’s steel Industry.
After independence, when the builders of modern India were working toward laying the infrastructure for rapid industrialisation, the focus turned toward the steel sector. As a result, Hindustan Steel Limited was set up on January 19, 1954.
In 1972, a policy statement was drafted by the Ministry of Steel and Mines to develop a new model for managing the steel industry. The policy statement was presented to the Parliament on December 2, 1972. It proposed creating a holding company to manage inputs and outputs under one umbrella. This led to the establishment of Steel Authority of India Ltd.
Later, SAIL took charge of major public sector steel plants such as Bhilai, Rourkela, Durgapur, Bokaro and Burnpur.
Over the decades, SAIL expanded its capacity, modernised its operations, and improved efficiency through large-scale investment programmes. Today, SAIL continues to evolve with a focus on cost efficiency, value-added steel, and sustainable manufacturing practices.
The business of SAIL can be divided into five segments.
Integrated Steel Plants: It is the core segment of the company, SAIL manufactures and produces flat and long steel products used in construction, infrastructure, railways, automobile and capital goods.
Special Steel Plants: These plants focused on high-grade and alloy steel for defence, engineering, and specialised industrial applications.
Mining Operations: SAIL is involved in captive iron ore and coal mines that ensure raw materials security and help control production costs.
Power Generation: The power plants supply electricity to the steel units, while the surplus power is sold outside.
Auxiliary & Support Units: It includes refractories, oxygen plants, and ferro alloy units that support core steel-making operations.
Revenue: SAIL reported a consolidated revenue of ₹1,03,354 crore in FY25 vs ₹1,06,445.29 crore in FY24. It showed a decrease of -2.90% on a yearly basis, reflecting negative growth.
Operating Profit: The company reported an operating profit of ₹3,251.53 crore in FY25 vs ₹4,061.81 crore in FY24. It showed a decrease of -19.94% on a year-on-year basis.
Net Profit: SAIL reported a net profit of ₹2,371.80 crore in FY25 compared to ₹3,066.67 crore in FY24. It showed a decrease of -22.65% on a yearly basis, indicating a decline in overall performance.
As of 26 May 2026, SAIL share price is ₹203.84. The stock opened at ₹198.35, compared to its previous close of ₹198.32. During today's trading session, SAIL share price moved in the range of ₹198.35 to ₹205.00, with an average price of ₹201.68 for the day. Looking at its last 52-week, the stock has touched a low of ₹198.35 and a high of ₹205.00.
The market capitalization of SAIL is ₹81,661 Crs, with a P/E ratio of 24.6 and a dividend yield of 1.19%.