Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Steel Authority of India Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 29,131 | 24,359 | 29,712 | 23,349 | 27,959 | 23,998 | 24,675 | 24,490 | 29,316 | 25,922 | 26,704 | 27,371 | 30,813 |
| Expenses + | 26,206 | 22,710 | 25,837 | 21,206 | 24,476 | 21,778 | 21,762 | 22,460 | 25,832 | 23,153 | 24,176 | 25,077 | 26,405 |
| Operating Profit | 2,924 | 1,649 | 3,875 | 2,142 | 3,483 | 2,220 | 2,913 | 2,030 | 3,484 | 2,769 | 2,528 | 2,294 | 4,409 |
| OPM % | 10% | 7% | 13% | 9% | 12% | 9% | 12% | 8% | 12% | 11% | 9% | 8% | 14% |
| Other Income + | 519 | 527 | -174 | 355 | -43 | -28 | 322 | 393 | 362 | 235 | -34 | 248 | 202 |
| Interest | 517 | 613 | 605 | 614 | 642 | 691 | 758 | 680 | 664 | 595 | 484 | 547 | 532 |
| Depreciation | 1,365 | 1,275 | 1,327 | 1,321 | 1,356 | 1,402 | 1,304 | 1,421 | 1,524 | 1,441 | 1,453 | 1,516 | 1,577 |
| Profit before tax | 1,562 | 288 | 1,770 | 563 | 1,441 | 98 | 1,173 | 323 | 1,657 | 968 | 556 | 480 | 2,502 |
| Tax % | 26% | 26% | 26% | 25% | 22% | 17% | 24% | 56% | 25% | 23% | 25% | 22% | 27% |
| Net Profit + | 1,159 | 212 | 1,306 | 423 | 1,126 | 82 | 897 | 142 | 1,251 | 745 | 419 | 374 | 1,835 |
| EPS in Rs | 2.81 | 0.51 | 3.16 | 1.02 | 2.73 | 0.20 | 2.17 | 0.34 | 3.03 | 1.80 | 1.01 | 0.91 | 4.44 |
Financials of Steel Authority of India Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 46,032 | 38,793 | 44,210 | 57,496 | 66,973 | 61,664 | 69,114 | 103,477 | 104,448 | 105,378 | 102,479 | 110,811 |
| Expenses + | 41,217 | 41,628 | 44,094 | 52,788 | 57,167 | 51,400 | 56,337 | 82,114 | 96,410 | 94,229 | 91,789 | 98,811 |
| Operating Profit | 4,815 | -2,834 | 115 | 4,708 | 9,807 | 10,264 | 12,776 | 21,363 | 8,038 | 11,149 | 10,690 | 12,000 |
| OPM % | 10% | -7% | 0% | 8% | 15% | 17% | 18% | 21% | 8% | 11% | 10% | 11% |
| Other Income + | 892 | 425 | 378 | 654 | 283 | 280 | 1,349 | 902 | 1,856 | 665 | 1,006 | 651 |
| Interest | 1,555 | 2,300 | 2,528 | 2,823 | 3,155 | 3,487 | 2,817 | 1,698 | 2,037 | 2,474 | 2,793 | 2,158 |
| Depreciation | 1,907 | 2,404 | 2,682 | 3,066 | 3,385 | 3,756 | 4,103 | 4,275 | 4,964 | 5,278 | 5,651 | 5,988 |
| Profit before tax | 2,245 | -7,114 | -4,716 | -527 | 3,549 | 3,302 | 7,206 | 16,292 | 2,892 | 4,062 | 3,252 | 4,506 |
| Tax % | 14% | -41% | -42% | -47% | 34% | 36% | 42% | 25% | 25% | 24% | 27% | 25% |
| Net Profit + | 1,939 | -4,176 | -2,756 | -281 | 2,349 | 2,121 | 4,148 | 12,243 | 2,177 | 3,067 | 2,372 | 3,373 |
| EPS in Rs | 4.93 | -10.11 | -6.67 | -0.68 | 5.69 | 5.13 | 10.04 | 29.64 | 5.27 | 7.42 | 5.74 | 8.17 |
| Dividend Payout % | 41% | 0% | 0% | 0% | 9% | 0% | 28% | 30% | 28% | 27% | 28% | 29% |
Financials of Steel Authority of India Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4,131 | 4,131 | 4,131 | 4,131 | 4,131 | 4,131 | 4,131 | 4,131 | 4,131 | 4,131 | 4,131 | 4,131 |
| Reserves | 39,641 | 36,021 | 32,912 | 32,816 | 35,516 | 37,380 | 41,276 | 50,081 | 50,616 | 52,971 | 54,775 | 56,225 |
| Borrowings + | 32,146 | 35,141 | 41,396 | 45,409 | 45,170 | 54,127 | 37,677 | 17,284 | 30,773 | 36,323 | 36,934 | 31,928 |
| Other Liabilities + | 26,932 | 26,234 | 29,405 | 33,339 | 33,385 | 31,560 | 35,007 | 48,885 | 45,262 | 47,598 | 40,878 | 43,613 |
| Total Liabilities | 102,849 | 101,527 | 107,843 | 115,694 | 118,201 | 127,198 | 118,090 | 120,381 | 130,782 | 141,022 | 136,718 | 135,896 |
| Fixed Assets + | 39,011 | 45,942 | 50,300 | 58,625 | 61,374 | 69,034 | 67,618 | 73,677 | 73,543 | 72,426 | 73,327 | 75,989 |
| CWIP | 29,328 | 24,927 | 23,275 | 18,395 | 16,014 | 8,753 | 8,881 | 4,710 | 4,891 | 6,141 | 7,206 | 10,552 |
| Investments | 61 | 2,280 | 2,475 | 2,629 | 2,975 | 3,240 | 3,442 | 3,757 | 4,185 | 4,589 | 4,976 | 4,339 |
| Other Assets + | 34,450 | 28,377 | 31,792 | 36,044 | 37,838 | 46,170 | 38,149 | 38,237 | 48,163 | 57,867 | 51,209 | 45,016 |
| Total Assets | 102,849 | 101,527 | 107,843 | 115,694 | 118,201 | 127,198 | 118,090 | 120,381 | 130,782 | 141,022 | 136,718 | 135,896 |
Financials of Steel Authority of India Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 2,579 | 4,043 | 2,160 | 6,164 | 7,215 | -618 | 23,430 | 30,987 | -5,290 | 2,911 | 9,914 | 19,039 |
| Cash from Investing Activity + | -6,292 | -4,805 | -5,467 | -6,480 | -3,694 | -4,261 | -3,295 | -3,976 | -3,371 | -4,261 | -5,268 | -7,899 |
| Cash from Financing Activity + | 3,775 | 743 | 3,302 | 269 | -3,549 | 5,003 | -19,808 | -27,398 | 8,587 | 1,362 | -4,424 | -11,403 |
| Net Cash Flow | 63 | -20 | -5 | -47 | -28 | 125 | 328 | -387 | -74 | 12 | 222 | -263 |
| Free Cash Flow | -5,038 | -2,450 | -3,267 | -441 | 3,335 | -4,999 | 20,019 | 27,557 | -8,812 | -1,297 | 4,537 | 10,942 |
| CFO/OP | 65% | -132% | 1,863% | 134% | 74% | -5% | 184% | 145% | -61% | 27% | 99% | 164% |
Financials of Steel Authority of India Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 26 | 30 | 24 | 25 | 25 | 52 | 43 | 17 | 19 | 29 | 27 | 21 |
| Inventory Days | 370 | 308 | 274 | 199 | 243 | 370 | 207 | 170 | 180 | 222 | 211 | 156 |
| Days Payable | 77 | 82 | 90 | 87 | 89 | 97 | 107 | 143 | 92 | 103 | 75 | 72 |
| Cash Conversion Cycle | 319 | 255 | 209 | 137 | 179 | 325 | 144 | 44 | 107 | 148 | 163 | 105 |
| Working Capital Days | -68 | -137 | -172 | -87 | -51 | -24 | -78 | -39 | -41 | -20 | -18 | -28 |
| ROCE % | 5% | -6% | -2% | 3% | 9% | 8% | 11% | 24% | 6% | 8% | 7% | 8% |