Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: Steel

Steel Authority of India Limited, a steel-making company, manufactures and sells iron and steel products in India and internationally. The company offers a range of railway products, which include rail, high YS/UTS rail, corrosion resistant micro alloyed rail, vanadium alloyed rail, end forged thick web asymmetric rail, high conductivity rail, crane rails, and crossing sleeper bars. It also provides pig iron and pipes; semis; structural and TMT bars; galvanized products; wire rods, plate mill plates, and wheels and axles; hot rolled and cold rolled products; and stainless and electrical steel products. It serves government organizations, PSUS, private companies, distributors, and resellers. Steel Authority of India Limited was founded in 1954 and is based in New Delhi, India.

Revenue projections:

Revenue projections for SAIL
Revenue projections for SAIL

SAIL's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.

Financial Ratios:

currentRatio 0.000000
forwardPE 15.568759
debtToEquity 57.763000
earningsGrowth 1.676000
revenueGrowth 0.118000
grossMargins 0.475230
operatingMargins 0.028450
trailingEps 6.750000
forwardEps 11.462700

SAIL's Forward PE is within a good range, showing that the stock price compares well to its earnings. This suggests it isn't overpriced and leaves room for growth, making the stock appealing to investors looking for value and growth opportunities.
SAIL's positive earnings and revenue growth suggest the company is on a path to business expansion. This upward trend signals strong financial health, indicating that SAIL is well-positioned for sustained growth in both profits and revenue.
Steel Authority of India Limited's forward EPS is higher than its trailing EPS, suggesting the company is expected to improve its profitability this financial year. This reflects growing confidence in Steel Authority of India Limited's earnings potential, with forecasts indicating better financial performance than in the prior year.

Price projections:

Price projections for SAIL
Price projections for SAIL

The steady upward revision of Steel Authority of India Limited's price projections indicates growing confidence in the company's performance. Analysts are becoming increasingly optimistic about Steel Authority of India Limited's future prospects and potential for growth.

Recommendation changes over time:

Recommendations trend for SAIL
Recommendations trend for SAIL


The sell bias toward Steel Authority of India Limited from analysts suggests caution, but investors are encouraged to consult a variety of market indicators before making decisions. This broader perspective will help mitigate risks and provide a clearer understanding of Steel Authority of India Limited's potential in the current market.