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Steel Authority Of India Ltd (SAIL) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

BSE: 500113 NSE: SAIL | Steel & Iron Products | Mid Cap

SAIL Share Price

173.50 1.95 (1.14%)
As on 17-Apr'26 16:59

Steel Authority Of India Ltd (SAIL)

BSE: 500113 NSE: SAIL
Key Metrics
Market Cap
₹71,665 Cr.
P/E Ratio
26.23
Price to Book (P/B)
1.27
Price to Sales (P/S)
0.66
EV/EBITDA
7.99
Return on Capital Employed (ROCE)
6.34%
Current Price
₹173.5
Return on Equity (ROE)
3.91%
Return on Assets (ROA)
1.58%
Operating Profit Margin
10.6%
Net Profit Margin
2.1%
Gross Profit Margin
8.6%
Book Value per Share
₹136.6
Sales Growth (YoY)
-2.75%
Sales Growth (3 Years)
-0.32%
Operating Profit Growth (1 Year)
-4.51%
Operating Profit Growth (3 Years)
-20.71%
Net Profit Growth (1 Year)
-21.41%
52-Week Low / High
₹106 / 175
Net Profit Growth (3 Years)
-43.67%
Dividend Yield
1.39%
Promoter Holding
65.00%
Pledged shares (%)
of Promoter's holding (%)
0.00%

Check Before You Invest

Q.1 Revenue growth of Steel Authority Of India Ltd?
Steel Authority Of India Ltd revenue growth is -2.8% for FY-2025 , which is below its 5 year CAGR of 10.7% , indicating slower growth.
Q.1 Promoter shareholding and pledge status of Steel Authority Of India Ltd?
Promoters hold 65.00% of the Steel Authority Of India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Revenue growth of Steel Authority Of India Ltd vs industry peers?
Steel Authority Of India Ltd revenue CAGR is 10.69% , compared to the industry median CAGR of 21.78% , indicating slower growth and losing its market share.
Q.1 Which industry/sub-sector does Steel Authority Of India Ltd belong to?
Steel Authority Of India Ltd belongs to the Metals & Mining sector, operating specifically within the Steel & Iron Products segment.
Q.1 Stock return of Steel Authority Of India Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 14.6% based on the current price.

DeciZen - make an informed investing decision on SAIL

Based on:

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

Strong

Steel Authority Of India stock performance

Key Ratios
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Is Steel Authority Of India Ltd an attractive stock to invest in?

1. Is Steel Authority Of India Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Steel Authority Of India Ltd is a below average quality company.

2. Is Steel Authority Of India Ltd undervalued or overvalued?

The key valuation ratios of Steel Authority Of India Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Steel Authority Of India Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Steel Authority Of India Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray :

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Steel Authority Of India Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % -6.4%-3.1%2.6%7.9%7.5%11.1%23.6%6.1%7.1%6.3%-
Value Creation
Index
-1.5-1.3-0.8-0.3-0.40.01.1-0.5-0.4-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 39,05244,45257,55866,96761,66169,1101,03,4731,04,4471,05,3751,02,4781,09,313
Sales YoY Gr.-13.8%29.5%16.4%-7.9%12.1%49.7%0.9%0.9%-2.8%-
Adj EPS -9.5-6.5-0.66.26.79.130.15.88.26.26.6
YoY Gr.-NANANA8.2%35.6%230.7%-80.9%43%-24.8%-
BVPS (₹) 94.987.286.592.496.3105.3125.9126.2131.1134.7136.6
Adj Net
Profit
-3,926-2,701-2412,5612,7713,76112,4292,3763,3942,5522,730
Cash Flow from Ops. 3,8002,1256,1587,302-65123,39630,964-5,4062,9339,888-
Debt/CF from Ops. 9.319.57.46.2-83.21.60.6-5.712.43.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 11.3%10.7%-0.3%-2.8%
Adj EPS NA-1.6%-41%-24.8%
BVPS4%7%2.3%2.8%
Share Price 14.6% 14.2% 28% 52.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-9.5-7.2-0.76.97.19264.66.44.74.9
Op. Profit
Mgn %
-7.10.28.214.91718.520.88.610.810.610.1
Net Profit
Mgn %
-10.1-6.1-0.43.84.55.4122.33.22.52.5
Debt to
Equity
0.91.21.31.21.40.90.30.60.70.7-
Working Cap
Days
23619618117923021313114317618765
Cash Conv.
Cycle
12797797812710131427184-10

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.66

Return on Equity has declined versus last 3 years average to 4.90%

Sales growth has been subdued in last 3 years -0.32%

Net Profit has been subdued in last 3 years -41.00%

Sales growth is not so good in last 4 quarters at 8.22%

Latest Financials

Standalone Consolidated
TTM EPS (₹) 6.6 6.8
TTM Sales (₹ Cr.) 1,09,313 1,09,313
BVPS (₹) 136.6 141.8
Reserves (₹ Cr.) 52,284 54,448
P/BV 1.27 1.22
PE 26.23 25.70
From the Market
52 Week Low / High (₹) 106.25 / 174.50
All Time Low / High (₹) 3.95 / 292.50
Market Cap (₹ Cr.) 71,665
Equity (₹ Cr.) 4,130.5
Face Value (₹) 10
Industry PE 26.8

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of SAIL - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

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Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales39,05244,45257,55866,96761,66169,1101,03,4731,04,4471,05,3751,02,478
Operating Expenses + 41,95144,41452,94157,23351,46256,38282,15196,42394,24391,849
Manufacturing Costs10,58210,24811,15312,98613,44313,25320,11819,36420,84221,144
Material Costs17,69621,24627,81429,57423,65727,40542,49156,93154,26650,902
Employee Cost 9,7158,9488,8508,8308,78110,44612,84612,05411,74811,659
Other Costs 3,9583,9725,1235,8435,5805,2786,6968,0747,3878,144
Operating Profit -2,900384,6189,73410,19912,72821,3228,02411,13210,629
Operating Profit Margin (%) -7.4%0.1%8.0%14.5%16.5%18.4%20.6%7.7%10.6%10.4%
Other Income + 5955364845339851,0121,0421,3551,1481,134
Exceptional Items 0-21726-389-77258-353258-841-313
Interest 2,3002,5282,8233,1553,4872,8171,6982,0372,4742,793
Depreciation 2,4022,6803,0653,3853,7554,1024,2744,9635,2775,650
Profit Before Tax -7,008-4,851-7593,3383,1716,87916,0392,6373,6883,009
Tax -2,986-2,018-2771,1591,1493,0294,024734955861
Profit After Tax -4,021-2,833-4822,1792,0223,85012,0151,9032,7332,148
PAT Margin (%) -10.3%-6.4%-0.8%3.3%3.3%5.6%11.6%1.8%2.6%2.1%
Adjusted EPS (₹)-9.7-6.9-1.25.34.99.329.14.66.65.2
Dividend Payout Ratio (%)0%0%0%9%0%30%30%33%30%31%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 39,19636,00935,71438,15239,77743,49552,01752,13954,13155,656
Share Capital 4,1314,1314,1314,1314,1314,1314,1314,1314,1314,131
Reserves 35,06531,87931,58334,02135,64739,36447,88748,00950,00051,526
Debt +33,07138,90142,02141,43451,20135,57615,69528,35734,73835,640
Long Term Debt17,49619,08729,77730,80334,56019,72611,74210,85014,80316,654
Short Term Debt15,57519,81312,24410,63116,64115,8503,95317,50819,93418,986
Minority Interest0000000000
Trade Payables4,0035,2197,5417,2586,3208,04216,67314,33915,33210,499
Others Liabilities 22,27122,40524,73326,69625,79128,79833,36832,99833,73131,904
Total Liabilities 98,5401,02,5341,10,0091,13,5391,23,0901,15,9111,17,7531,27,8331,37,9321,33,699

Fixed Assets

Net Fixed Assets +45,92550,28558,61161,35869,01867,59973,65673,52372,40773,287
Gross Block77,75484,56495,5181,00,1751,11,0611,15,0921,22,6341,26,9891,30,7951,35,899
Accumulated Depreciation31,82934,28036,90738,81742,04347,49348,97853,46658,38862,612
CWIP 24,92723,27518,39516,0148,7528,8784,7104,8916,1417,206
Investments 1,2921,3951,4911,5851,5851,5951,6241,6731,6941,759
Inventories14,68015,71116,99719,44223,74715,27219,53027,71632,64629,072
Trade Receivables3,1432,9223,8704,4958,8128,1394,7375,3628,3097,557
Cash Equivalents 298289254219363681648398542905
Others Assets 8,2758,65610,39110,42710,81313,74812,84814,27016,19513,912
Total Assets 98,5401,02,5341,10,0091,13,5391,23,0901,15,9111,17,7531,27,8331,37,9321,33,699

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 3,8002,1256,1587,302-65123,39630,964-5,4062,9339,888
PBT -7,008-4,851-7593,3383,1716,87916,0392,6373,6883,009
Adjustment 4,6235,2145,7626,5546,8496,5025,5276,1997,0297,959
Changes in Working Capital 585317271114-2626-10583100379482-13822-7690-442
Tax Paid 332354136-87-22-84-420-93-637
Cash Flow From Investing Activity + -4,558-5,439-6,469-3,756-4,236-3,273-3,975-3,234-4,280-5,233
Capex -6,493-5,427-6,604-3,878-4,449-3,567-3,616-3,915-4,360-5,584
Net Investments 1,682-104-107-46-137-742-20-281-94
Others 25392242168226286384702361445
Cash Flow From Financing Activity + 7433,302269-3,5915,006-19,808-27,3988,5871,354-4,384
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 1,8761,59210,6901,3742,898-14,793-9,771-1,2792,505166
Interest Paid -2,300-2,528-2,852-3,352-3,654-2,944-1,922-2,080-2,157-2,366
Dividend Paid -124000-248-413-3,067-1,342-620-413
Others 1,2924,238-7,569-1,6136,010-1,657-12,63813,2881,625-1,771
Net Cash Flow -16-12-41-45119315-409-537272

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-9.73-7.53-1.345.95.199.2525.163.655.143.91
ROCE (%)-6.37-3.062.67.97.5111.0823.576.147.116.34
Asset Turnover Ratio0.440.50.550.60.520.580.890.880.810.77
PAT to CFO Conversion(x)N/AN/AN/A3.35-0.326.082.58-2.841.074.6
Working Capital Days
Receivable Days26222123394523172328
Inventory Days135111101991281036180102107
Payable Days78798490102951069910093

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Steel Authority Of India Ltd FAQs

The current trading price of SAIL on 17-Apr-2026 16:59 is ₹173.5.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Apr-2026 the market cap of SAIL stood at ₹71,664.6 Cr

The latest P/E ratio of SAIL as of 16-Apr-2026 is 26.23.

The latest P/B ratio of SAIL as of 16-Apr-2026 is 1.27.

The 52-week high of SAIL is ₹174.5 and the 52-week low is ₹106.2.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of SAIL is ₹1,09,313 ( Cr.) .

About Steel Authority Of India Ltd

Steel Authority of India (SAIL), a Public Sector Undertaking, is domiciled and incorporated in India. The Company, conferred with Maharatna status by Government of India, is one of the largest steel producers in the country. The securities of the Company are listed on the National Stock Exchange of India, BSE and London Stock Exchange plc. Since its inception, SAIL has been instrumental in laying a sound infrastructure for the industrial development of the country. Besides, it has immensely contributed to the development of technical and managerial expertise. 

Business area of the company

The company is engaged in the manufacturing of Iron and Steel products and generates revenues from sale of Iron and Steel products.

Products of the company

  • Structurals
  • SAIL TMT BARS
  • Galvanised Products
  • Wire Rods
  • Plates
  • Railway Products
  • Wheels and Axles
  • Hot Rolled Products
  • Cold Rolled Products
  • Pipes
  • Electrical Steels
  • Stainless Steel Products
  • Semis
  • Pig Iron
  • SAIL SeQR TMT Bars

Awards

2011-12:

  • SAIL has been conferred with‚ MoU Excellence Award' for the year 2010-11 for the 9th consecutive year. Chairman, SAIL received the Award from Prime Minister on January 31, 2012.
  • SAIL bagged 11 out of 33 Prime Minister’s Shram Awards conferred in the country to both public & private sector organizations in July’11. In terms of no. ofbemployees, 59% of the total awardees in the country were from SAIL.
  • 14 out of total 28 Vishwakarma Rashtriya Puraskar given in the country were bagged by SAIL employees in 2011. In terms of number of employees, 62% (73 Award winner out of 117) were from SAIL family.
    10 teams involving 63 SAIL employees participated in International Convention on Quality Circle 2011 held at Yokohama, Japan in September, 2011. 7 teams won Excellent and 3 won Distinguished QC Award, which was the highest for any single organsiation.
  • 57 teams from SAIL Plants/Units participated in National Convention on Quality Concepts-2011 held at Hyderabad in December, 2011. 33 teams won Par Excellence, 2 teams won Excellent and 3 teams won Distinguished Award.
  • SCOPE Meritorious Award-2010-11 for ‚Corporate Governance' has been conferred upon SAIL.
  • 13 Awards (6 winners and 7 runner up) out of total 123 ‚National Safety Awards2009' announced by Ministry of Labour and Employment.
  • SCOPE Meritorious Award for Environment Excellence & Sustainable Development' for the Year 2009-
    Indian Institution of Industrial Engineering’s ‚Performance Excellence Awards – 2010 and received a Gold plaque with certificate of excellence.
  • Golden Peacock Environment Management Award 2011 in recognition of initiatives and achievements in the field of environment management.
  • Prestigious ‘Randstad Award -2011’ under ‘Manufacturing Industries’ category.
  • Dainik Bhaskar India Pride Gold Award-2011 in the category‚ Metals & Minerals & Trade including Mining, for Central PSUs.
  • ‘IEI Industry Excellence Award 2011’.
  • In promoting use of Rajbhasha, SAIL’s efforts have been recognized in the form of 1st prize at Town Level by TOLIC for Best Official Language implementation by Govt. of India.
  • SAIL has been awarded with the Skoch Award for Financial inclusion under the category of ‚Women Empowerment' in recognition of multifold initiatives for inclusive growth.

2012-13:

  • The company has been conferred with 'Excellent' Rating for the year 2011-12 for the 10th consecutive year.
  • SAIL bagged SCOPE Award for Best Practices in Human Resource Management for the year 2011-12.
  • SAIL won 13 out of 28 Viswakarma Awards declared in the country, which is the highest for any organization amongst both private and public sector.
  • SAIL employees were awarded 11 out of 32 Prime Minister's Shram Awards declared in the country. This is also the highest number for any organization amongst both private and public sector.
  • Two out of the five Olympics medal winners of the country were supported by SAIL (Sushil Kumar and Yogeshwar Dutt). In recognition of SAIL's initiatives, Rashtriya Khel Protsahan Puraskar - 2012 was conferred to the Company by Hon'ble President of India.
  • Indira Gandhi Rajbhasha Award for the best implementation of official language in 'A'(Hindispeaking) region was conferred to SAIL. SAIL's Hindi magazine 'Ispat Bhasha Bharti' was also adjudged First prize winner amongst the in-house journals published in 'A' region in the country.
  • In the International Convention on Quality Circle 2012 held at Kuala Lumpur, Malaysia during 14th-17th October, 2012, all the six participating teams from SAIL won the highest honour (3- star awards) in their respective categories.
  • SAIL was awarded CII - Sustainability Award 2012 (Certificate of Commendation).

2013-14:

  • SAIL has been conferred with “Excellent” MoU Rating for the year 2012-13 for the 11 consecutive year.
  • SAIL employees won 18 out of 28 Viswakarma Awards declared in 2013, which is the highest for any organization.
  • 6 out of 16 Shram Awards declared in the country in 2013 for Public Sector were won by SAIL employees.
    In the international Quality Meet at Taipei, Taiwan during October, 2013, 5 Quality Circle teams consisting of 29 SAIL employees won Gold Medals.
  • BSP/SAIL was awarded the prestigious PM’s trophy for the Best integrated Steel Plant (2011-12) for the 11th time (out of 20 times awarded).
  • SAIL bagged Indira Gandhi Rajbhasha Shield for best implementation of official language in ‘A’ (Hindispeaking) region by Ministry of Home Affairs, Government of India.
  • SAIL bagged the Gold Trophy for “SCOPE Meritorious Award for Environmental Excellence & Sustainable Development” for the year 2012-13.
  • SAIL was conferred with ‘Employer Federation of India National Award 2013’ for Excellence in Industrial Relations at Mumbai on 25 October, 2013.
  • SAIL has been awarded with ‘Commendation Certificate for th Strong Commitment to HR excellence’ by CII in the 4th CII National HR Excellence Award 2013 held on September 24, 2013 at New Delhi.
  • Top prize in the ‘National Energy Conservation Awards 2013’.
  • Town Official Language Implementation Committee(NARAKAS), PSU-Delhi, under the Chairmanship of SAIL has been awarded the 1st prize for the best performance in implementation of Rajbhasha in northern region..
  • Ispat Rajbhasha Shield (1st prize) awarded by Hon’ble th Minister of Steel on February 24, 2014 at Lucknow for best implementation of Official Language in SAIL.
  • Ispat Bhasha Bharati, the Hindi House Journal of SAIL has been adjudged as the best magazine among all PSUs for the year 2012-13.
  • ‘Company with Best CSR & Sustainability Practices Award - 2013’ conferred upon SAIL by Asian Centre for Corporate Governance & Sustainability.
  • SAIL won the ‘ICC PSE Excellence Awards 2013’ under Corporate Social Responsibility & Sustainability in Maharatna & Navratna Award Category.
  • ‘SKOCH Corporate Leadership trophy’ was awarded to the Chairman, SAIL by Union Finance Minister in the 34 SKOCH Summit held on 12 November, 2013 at New Delhi.
  • SAIL won ‘SKOCH Order-of-merit Award’ in 3 award categories i.e. HRD, Environment Management and Sustainability on 11 November, 2013 at New Delhi.
  • Jury award for ‘Lasting Impact on Indian Economy’ at Governance (Now PSU Awards-2013) conferred upon SAIL Chairman by Union Minister of Heavy Industries, Sh. Praful Patel on July24, 2013 at New Delhi.
  • SAIL has been awarded “Responsible Business Awards-2013” in the category ‘CSR Leadership Award’ by World CSR Day in June, 2013.
  • SAIL has won 'Randstad Award 2013' at Bangalore on 18 April, 2013.

2014-15:

  • The Company has been conferred with “Excellent” MoU Rating for the year 2013-14 for the 12th consecutive year.
  • 3 out of the 33 Prime Minister’s Shram Awards declared for the year 2013 were won by SAIL, involving 3 numbers of employees.
  • Out of 28 awards declared, SAIL won 19 Viswakarma Rashtriya Puraskar involving 105 employees for the performance year 2012.
  • Bhilai Steel Plant (BSP), bagged the Prime Minister’s Trophy for the Best Performing Integrated Steel Plant (ISP) in the Country for the year 2011-12 declared in 2014-15.
  • SAIL bagged NARAKAS Rajbhasha Shield 2013-14 (1st Prize) for the “Best Implementation of Official Language”.
  • SAIL won ‘Golden Peacock Award’ for ‘Corporate Social Responsibility’ for the year 2014 at the 9th International Conference on Corporate Social Responsibility on 19th January, 2015 at Mumbai.
  • SAIL was awarded the “PHD Chamber Good Corporate Citizen Award 2014” at New Delhi.
  • SAIL won 'SCOPE Meritorious Award for Environment Excellence & Sustainable Development for the year 2012-13'.
  • Town Official Language Implementation Committee (PSU), Delhi spearheaded by SAIL was adjudged First at National Level for commendable performance in implementing the Official Language Policy during the year 2013-14.
  • SAIL won Governance Now PSU Award 2014 under two award categories viz. IT Adoption in HR and
    Best HR Practices (Training).
  • SAIL won Skoch Renaissance Awards 2014 in the category ‘Sustainable & Balanced Business Performance’.
  • SAIL bagged the award for the ‘Best in CSR & Sustainability as well as the Most eco-friendly PSU in the Maharatna Category’ at the 1st India Today Group PSU Awards-2014.
  • The in-house Hindi journal of SAIL ‘Ispat Bhasha Bharti’ bagged 1st prize at town level for the best magazine.
  • SAIL won BT Star Award, 2014 for Excellence in HR Management.
  •  SAIL won 5th Dalal Street Investment Journal PSU Award 2013 in the category of Highest Asset Creating Maharatna.
  • SAIL has been conferred with the First Award under the category of Public Manufacturing Organisation (Large) at the 12th National Award for Excellence in Cost Management.

2015-16:

  • Steel Authority of India Limited has won 4 Prime Minister's Shram Awards (involving 23 employees) for the year 2014.
  • Steel Authority of India Limited has won 15 Vishwakarma Rashtriya Puraskar Awards (involving 86 employees) for the performance year 2013.
  • Bhilai Steel Plant (BSP), bagged the Prime Minister's Trophy for the Best Performing Integrated Steel Plant in the Country for the year 2011-12, declared in 2014-15, for a record 11th time.
  • Steel Authority of India Limited won Dainik Bhaskar India Pride Award 2015-16 under Corporate Social Responsibility award category.
  • Steel Authority of India Limited won CII-ITC Sustainability 2015 Award for 'Corporate Excellence - Commendation for Significant Achievement' in recognition of its exemplary performance and contribution in the economic, social and environmental segment.
  • Steel Authority of India Limited won India Today - MDRA CPSE Best HR Excellence Award - 2015.
    Steel Authority of India Limited was awarded with the prestigious EEPC India National Awards for Engineering Export Excellence as the Star Performer for the year 2013-14 in the Basic Iron and Steel - Large Enterprise product group category.
  • Town Official Language Implementation Committee (PSU), Delhi under the Chairmanship of SAIL was been adjudged 3rd in Northern Region for commendable performance in implementing the Official Language Policy of the Union during the year 2014-15.
  • Steel Authority of India Limited won BT-STAR PSU Award 2015 for its R&D and innovations in the Category of Maharatna and Navratna PSUs.

2016-17:

  • Steel Authority of India Limited won 7 Prime Minister's Shram Awards (involving 26 employees) for the year 2015.
  • SAIL has won 10 Vishwakarma Rashtriya Puraskar Awards (involving 42 employees) for the performance year 2015.
  • SAIL has won Gold Trophy of 'SCOPE Meritorious Award for Best Practices in Human Resource Management' for the year 2014-15.
  • SAIL has won Golden Peacock Award for Corporate Governance, by the Institute of Directors, India, for the year 2016.
  • SAIL bagged the Governance Now PSU Award 2016 under the award category 'Relative Growth & Adaptation'.
  • SAIL was awarded the Ispat Rajbhasha Trophy for the year 2014-15 for SAIL's best official language implementation.

2017-18:

  • The Company has won 3 Prime Minister's Shram Awards (involving 18 employees) for the Performance Year 2015.
  • The Company has won 8 Vishwakarma Rashtriya Puraskar Awards (involving 34 employees) for the Performance Year 2015.
  • The Company has won Gold Trophy of 'SCOPE Meritorious Award for Best Practices in Human Resource Management' for the Year 2014-15.
  • The Company has won Governance Now Award in the Turnaround (Financial) Category on 28th February, 2018.
  • SAIL's 'Ispat Bhasha Bharti' received first prize for the best in-house journal for the Year 2016-17 of Town Official Language Implementation Committee.

2018-19:

  • Prime Minister's Shram Award (involving 6 employees) for the Year 2017.
  • 9 Vishwakarma Rashtriya Puraskar Awards (involving 48 employees) for the Performance Year 2016.
  • Governance Now PSU Award for 'Resilient Growth' in the 'Maharatna' Category.
  • Recognition towards 'Strong Commitment to HR Excellence' in the 9th CII HR Excellence Award for the year 2018-19.
  • India's Top Challengers Award at the 16th Construction World Global Awards, 2018.
  • National Award for Excellence in Cost Management for -Mega' Category by the Institute of Cost Accountants of India.
  • 'Runners up' Trophy (in Category-A) under 'NIPM National Award for HR Best Practices 2018'.
  • SAIL's 'Ispat Bhasha Bharti' received second prize for the best in-house journal at town level for the Year 2017-18 by Town Official Language Implementation Committee, Delhi.
  • Paper submitted for National Conference on Employable Skill Development in New India was selected as one of the Best Practices in India.
  • Golden Peacock Environment Management Award (GPEMA) - 2019.
2019-20:

  • SCOPE Corporate Communication Excellence Awards 2019 for Corporate Communications Excellence Award in Crisis Communication and Internal Communication.
  • ‘Best PSU’ in Education Category under the CSR Times Awards, 2019 in recognition of the initiative for setting up of ‘DAV Rowghat Ispat Sr. Sec. Public School’ in one of the Aspirational Districts- Kanker at Antagarh, Rowghat Mining area in Chhattisgarh.
  • 7th Construction World Global Award in Leading growing Steel Company (Large Category).
  • Awarded with Observer Dawn-International Business Award-2019 in the categories, Best Turnaround Company and Best Corporate Communication in PSU.
  • “Top Rankers Excellence Awards 2020” in the category of Best Corporate Communication.
  • “Governance Now 7th PSU Award” in Strategic Investment.
2020-21:

  • SAIL has been awarded with the prestigious Golden Peacock Environment Management Award for the year 2020 in the Steel Sector by the Institute of Directors.
  • Rourkela Steel Plant was awarded the ‘Greentech Foundation CSR Award, 2020’ for outstanding achievement in Promotion of Health and Healthcare category for CSR Project on Comprehensive Water & Sanitation Project in Rourkela.
  • SAIL bagged six Awards at PRSI (Public Relations Society of India) National Awards 2020 for its efforts in the field of Communication. The Awards were presented by Union Education Minister during a virtual st ceremony on 21 February, 2021. SAIL has been awarded in the category of Best House Journal (English), Best Communication campaign (External Public), Best Communication Campaign of the Year- COVID-19, Special /Prestige Publication, E-newsletter and Corporate Website categories.
2021-22:

  • Prestigious Golden Peacock Environment Management Award for the year 2021 in the Steel Sector by the Institute of Directors.
  • Rourkela Steel Plant bagged the Energy Conservation Award in the Eastern Region ENCON Award 2021 in the competition held by the Confederation of Indian Industry (CII), on 5th November, 2021.
2022-23:

  • SAIL was felicitated for emerging as the topmost CPSE buyer of products and services on GeM during the FY 2021-22.
  • Environment Management Division bagged the Greentech Environment Award 2022 for outstanding achievements in “Environment Protection” Category by the Greentech Foundation.
  • RSP and IISCO Steel Plant awarded with 1st prize and 2nd prize respectively in the National Energy Conservation Award 2022 for Energy Conservation in the Integrated Steel Plant category.
  • Salem Steel Plant awarded with JCSSI Ispat Suraksha Puraskar for 2022 & 2023 for No fatal accidents in Plant and No fatal accident involving Contract Workers, on 22nd March, 2023.
2023-24:

  • SAIL has been conferred with the McGibony, Institutional Award by the Academy of Hospital Administration, New Delhi in December, 2023 in recognition of the efforts made by SAIL during the CoVID-19 pandemic. 
  • SAIL has been certified as a “Great Place to Work” for the period December, 2023 to December, 2024 by the Great Place to Work Institute, an internationally renowned organization. The “Great Place to Work” certification is a global recognition reflecting SAIL’s commitment to being a respected and sought-after employer.
  • SAIL achieved the Golden Peacock Environment Management Award 2023 by the Institute of Directors.
  • Cold Rolling Mill-III at Bokaro Steel Plant won first prize in CII Production Awards (2023-24).
2024-25:

  • SAIL has been recognized as one of India’s Best Employers among Nation Builders for 2024 by Great Place to Work Institute, India. The prestigious award acknowledges SAIL’s legacy of unwavering commitment to nation-building and Company’s efforts to create a high trust workplace culture.
  • SAIL achieved the Golden Peacock Environment Management Award 2024 by the Institute of Directors in recognition of Organisation’s exceptional commitment to environmental sustainability, responsible practices and innovative solutions.
  • SAIL won two awards in the categories of Excellence in Infrastructure Development & Contribution to National Security & Defence in the Governance Now 11th PSU Awards.
  • Bhilai Steel Plant (BSP) was awarded Greentech Award for outstanding achievements in ‘Innovative Waste Management Technology’ category, at the ceremony held in July, 2024.
  • Rourkela Steel Plant (RSP) won the Productivity Excellence Award 2024 in Platinum and Gold category, by Odisha State Productivity Council during Productivity Week celebration on the theme “Artificial Intelligence (AI): Productivity Engine for Economic Growth”.
  • IISCO Steel Plant (ISP) won the ‘Gold Award’ in the International Convention on Quality Control Circles organized by Sri Lanka Association for the Advancement of Quality and Productivity.
  • Durgapur Steel Plant (DSP) bagged the ‘Golden Peacock Award for Business Excellence’ for the year 2025.
  • Chandrapur Ferro Alloys Plant (CFP) was awarded the ‘Golden Peacock Occupational Health & Safety Award’ for the year 2024 (Steel Sector).

Milestones:

  • 1954: Hindustan Steel Limited (HSL) is formed. It comprised of four plants - Bhilai Steel Plant, Rourkela Steel Plant, Durgapur Steel Plant, Alloy Steel Plant.
  • 1959: Rourkela- Parvati, first blast furnace lighted up.
  • 1959: Bhilai -First blast furnace lighted up and first coke oven battery commissioned.
  • 1959: Durgapur- First blast furnace lighted up.
  • 1960: Rail & Structural mill commissioned at Bhilai Steel Plant.
  • 1962: Wheel & Axle plant inaugurated at Durgapur
  • 1968: Construction of Bokaro Steel Limited starts.
  • 1968: Facilities commissioned at various HSL plants.
  • 1972: Bokaro Steel Plant - First blast furnace inaugurated.
  • 1972: Salem Steel Limited formed in Tamil Nadu.
  • 1972: RDCIS established in Ranchi.
  • 1973: Formation of Steel Authority of India Limited (SAIL).
  • 1978: Indian Iron & Steel Company (IISCO) taken over as subsidiary.
  • 1985: Inauguration of integrated trial run of Meghahataburu iron ore project.
  • 1986: First modernization phase initiated at Durgapur.
  • 1986: SAIL takes over Maharashtra Electrosmelt Limited (MEL), subsequently renamed Chandrapur Ferro Alloy Plant (CFP).
  • 1989: Raw Material Division formed.
  • 1989: Subsidiary Visvesvaraya Iron & Steel Plant (VISL) merged into SAIL.
  • 1992: SAIL gets listed in Bombay Stock Exchange.
  • 1995: Rourkela Steel Plant’s first modernisation commissioned
  • 1997: SAIL becomes a Navratna company.
  • 2001: SAIL enters into JV with NTPC to form NSPCL for captive power generation
  • 2004: SAIL environment policy released.
  • 2004: Bhilai produces first 80 meter long rail.
  • 2006: IISCO merged with SAIL.
  • 2007: Modernisation and expansion plan initiated to increase crude steel production to 21.40 MTPA.
  • 2009: SAIL led consortium forms International Coal Ventures Limited (ICVL) for acquisition of coal assets.
  • 2010: SAIL becomes a Maharatna company.
  • 2013: Durga, India’s second largest blast furnace (Capacity: 4060 m3) comes up at RSP.
  • 2013: Special grade steel from Bhilai and Rourkela used for building India’s first indigenous aircraft carrier, INS Vikrant.
  • 2015: Modernised steel plants at Rourkela and IISCO dedicated to the Nation by Prime Minister.
  • 2017: Rail Mill at BSP produced world’s longest single piece rail measuring 130 mtr.
  • 2018: Modernised and expanded BSP dedicated to the Nation by Prime Minister.
  • 2018: LHB wheels developed and supplied by DSP.
  • 2018: SAIL launched its new ‘NEX’ brand Parallel Flange Section.
  • 2019: SAIL launched its new branded TMT bars SAIL SeQR.
  • 2020: SAIL emerges as the largest miner for steel making input minerals in FY'20.
  • 2020: SAIL becomes the largest domestic crude steel producer in FY'20.
  • 2020: SAIL rolls out and dispatches first rake of R 260 grade Vanadium Alloyed special grade Prime Rails to Indian Railways.
  • 2020: SAIL promotes 'Atmanirbhar Bharat' through domestic sourcing of refractory materials.
  • 2020: SAIL supplies more than 9000 tonnes of steel for the 'Atal tunnel'; supplied 2/3rd of the total steel used in the project.
  • 2020: SAIL develops highly corrosion resistant Super Duplex Stainless Steel in a major technological breakthrough.
  • 2021: SAIL's iron ore mines receive 5-Star rated awards for sustainable mining practices.
  • 2021: SAIL supplies 48,200 Tonnes of steel for Purvanchal Expressway.
  • 2022: INS Vikrant constructed with SAIL's specialty steel
  • 2022: SAIL supplies special steel for India’s indigenous navy warships INS ‘Udaygiri’ and INS ‘Surat’.
  • 2022: SAIL crosses Rs 10,000 Crore Procurement Value on GeM.
  • 2023: SAIL supplies the entire 4000 Tonnes special steel for Indigenous Frigate Ship 'Vindhyagiri'.
  • 2023: SAIL signs landmark MoU with Germany's SMS Group to spearhead reduction of carbon footprint in steelmaking.
  • 2024: SAIL achieves ABMS Certification for all its Plants and Units.
  • 2024: BHP and SAIL sign MOU to accelerate potential pathways to steel decarbonisation.
  • 2024: SAIL and John Cockerill India sign MoU to drive innovation and green steel technologies.
  • 2025: SAIL supplied entire quantity of special steel for INS Nilgiri.
  • 2025: SAIL inaugurates Representative Office in Dubai to strengthen global presence.
  • 2025: SAIL Supplies Entire Requirement of Special Steel for Indian Navy’s INS Arnala.
  • 2025: SAIL teams up with McKinsey & Company India LLP to propel Digital Transformation.
  • 2026: SAIL secures Great Place to Work certification third time in a row.
  • 2026: INS Anjadip - built with indigenous SAIL steel to join Indian Navy fleet.
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