Latest: Steel Authority of India Ltd Q2 FY27 (Jul–Sep 2026) results →This page is Q4 FY25 (Jan–Mar 2025).All Q4 FY25 results →
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Steel Authority of India Ltd

Q4 FY25Ferrous Metals

Steel Authority of India Q4 FY25 earnings call: Revenue & Margins

Q4 FY25 earnings call: what management said on revenue, margins and capex.

Price₹173
Market cap₹72.5K Cr
P/E15.0
Updated23 Aug 2026
Read4 min read

Steel Authority of India Ltd Q4 FY25 key numbers

Revenue
Sales volume grew about 5% to 17.9 million tons in FY24-25, with expectations for continued growth next year.

As stated in Steel Authority of India Ltd's Q4 FY25 earnings call transcript · published 7 Aug 2026. Reported figures, not investment advice.

The short version

SAIL targets crude steel production to increase from ~19.17 million tons in FY24-25 to around 20 million tons or beyond in FY25-26. FY '25-'26 crude steel production expected to increase beyond 20 million tons, driving volume growth.

From Steel Authority of India Ltd's Q4 FY25 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • SAIL targets crude steel production to increase from ~19.17 million tons in FY24-25 to around 20 million tons or beyond in FY25-26.
  • Sales volume grew about 5% to 17.9 million tons in FY24-25, with expectations for continued growth next year.
  • Capex of INR 7,500 crores for FY25-26 with incremental capacity additions (2-3 million tons) expected by FY28 via debottlenecking and new facilities.
  • Long-term capacity expansion plan to reach 35 million tons by 2030 (up from current 20 million tons).
  • Improved operational efficiencies and cost reductions are expected to support volume and sales growth.

2 more points from Steel Authority of India Ltd's call on revenue

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Profitability & Margins

See what Steel Authority of India Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • SAIL plans to expand capacity from 20 million tons to 35 million tons by 2030, including both brownfield and greenfield projects.
  • Brownfield debottlenecking efforts expected to add around 2-3 million tons capacity by 2028.
  • Greenfield projects and major capacity expansions underway, with first tendering activity started at IISCO Steel Plant (ISP).
  • FY 2025-26 capex budget set at INR 7,500 crores, excluding pellet plants which are BOO (Build-Own-Operate) basis.
  • Capex expected to increase gradually, peaking around FY 2028-29, potentially reaching INR 10,000-15,000 crores.

2 more points from Steel Authority of India Ltd's call on capex

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Top-ranked in Ferrous Metals

Ranked on what management guided this quarter

Guidance-ranked
Rev 1Mar 1
2Jindal Steel
Rev 2Mar 3
3
Rev 2Mar 3
4
Rev 2Mar 3
5
Rev 3Mar 2
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Steel Authority of India Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The following related points can be inferred: - Sales volume for FY 2024-25 grew by around 5% to 17.9 million tons, indicating strong sales performance. - Some clarifications were sought on railway supply contract numbers and cumulative vs. YTD figures by analysts, but exact pending orders remain unspecified. - The company is optimistic about demand with expected improvements in net sales realization (NSR) and steel demand due to government infrastructure spending and safeguard duty protection.

Steel Authority of India Ltd — Quarterly revenue & net profit

Revenue Net profit
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹32.0K Cr, net profit ₹1.8K Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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Frequently Asked Questions

What were Steel Authority of India Ltd Q4 FY25 results?

SAIL targets crude steel production to increase from ~19.17 million tons in FY24-25 to around 20 million tons or beyond in FY25-26. FY '25-'26 crude steel production expected to increase beyond 20 million tons, driving volume growth.

What is Steel Authority of India Ltd share price analysis?

Steel Authority of India Ltd currently shows a neutral. The stock trades at a P/E of 15.0 with a market cap of ₹72,491 Cr. Investors should review the full earnings analysis for detailed insights.

Is Steel Authority of India Ltd planning capital expenditure?

SAIL plans to expand capacity from 20 million tons to 35 million tons by 2030, including both brownfield and greenfield projects.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.