Steel Authority of India Limited

NSE:SAIL India Steel
Market Cap
$7.32 Billion
₹634.16 Billion INR
Market Cap Rank
#4340 Global
#144 in India
Share Price
₹153.53
Change (1 day)
+2.43%
52-Week Range
₹104.63 - ₹165.71
All Time High
₹173.01
Categories
Companies in India Steel
About

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 provi… Read more

Steel Authority of India Limited (SAIL) - Net Assets

Latest net assets as of September 2025: ₹582.78 Billion INR

Based on the latest financial reports, Steel Authority of India Limited (SAIL) has net assets worth ₹582.78 Billion INR as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹1.34 Trillion) and total liabilities (₹758.85 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets ₹582.78 Billion
% of Total Assets 43.44%
Annual Growth Rate 15.78%
5-Year Change 29.73%
10-Year Change 49.29%
Growth Volatility 47.76

Steel Authority of India Limited - Net Assets Trend (2002–2025)

This chart illustrates how Steel Authority of India Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Steel Authority of India Limited (2002–2025)

The table below shows the annual net assets of Steel Authority of India Limited from 2002 to 2025.

Year Net Assets Change
2025-03-31 ₹589.06 Billion +3.16%
2024-03-31 ₹571.01 Billion +4.30%
2023-03-31 ₹547.47 Billion +0.99%
2022-03-31 ₹542.12 Billion +19.39%
2021-03-31 ₹454.06 Billion +9.39%
2020-03-31 ₹415.10 Billion +4.70%
2019-03-31 ₹396.46 Billion +7.31%
2018-03-31 ₹369.47 Billion -0.26%
2017-03-31 ₹370.42 Billion -6.12%
2016-03-31 ₹394.58 Billion -10.93%
2015-03-31 ₹443.01 Billion +2.35%
2014-03-31 ₹432.85 Billion +3.95%
2013-03-31 ₹416.41 Billion +3.40%
2012-03-31 ₹402.71 Billion +7.10%
2011-03-31 ₹376.02 Billion +11.41%
2010-03-31 ₹337.50 Billion +19.26%
2009-03-31 ₹283.01 Billion +21.52%
2008-03-31 ₹232.89 Billion +33.16%
2007-03-31 ₹174.90 Billion +37.63%
2006-03-31 ₹127.08 Billion +34.16%
2005-03-31 ₹94.72 Billion +88.60%
2004-03-31 ₹50.23 Billion +221.84%
2003-03-31 ₹15.61 Billion -22.93%
2002-03-31 ₹20.25 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Steel Authority of India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 48195740000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings ₹481.96 Billion 81.82%
Common Stock ₹41.31 Billion 7.01%
Other Comprehensive Income ₹63.44 Billion 10.77%
Other Components ₹2.35 Billion 0.40%
Total Equity ₹589.06 Billion 100.00%

Steel Authority of India Limited Competitors by Market Cap

The table below lists competitors of Steel Authority of India Limited ranked by their market capitalization.

Company Market Cap
Beijing Ultrapower Software
SHE:300002
 		$2.54 Billion
Firefly Aerospace Inc. Common Stock
NASDAQ:FLY
 		$2.55 Billion
Tomra Systems ASA
PINK:TMRAF
 		$2.55 Billion
ENN Ecological Holdings Co Ltd
SHG:600803
 		$2.55 Billion
China Nuclear Engineering Co
SHG:601611
 		$2.54 Billion
Biocon Limited
NSE:BIOCON
 		$2.54 Billion
THE VITA COCO CO.INC.-01
F:85E
 		$2.54 Billion
Mankind Pharma Ltd
NSE:MANKIND
 		$2.54 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Steel Authority of India Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 571,012,200,000 to 589,056,100,000, a change of 18,043,900,000 (3.2%).
  • Net income of 23,718,200,000 contributed positively to equity growth.
  • Dividend payments of 4,130,500,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 120,700,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ₹23.72 Billion +4.03%
Dividends Paid ₹4.13 Billion -0.7%
Other Comprehensive Income ₹-120.70 Million -0.02%
Other Changes ₹-1.42 Billion -0.24%
Total Change ₹- 3.16%

Book Value vs Market Value Analysis

This analysis compares Steel Authority of India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.08x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 12.63x to 1.08x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-03-31 ₹12.16 ₹153.53 x
2005-03-31 ₹22.94 ₹153.53 x
2006-03-31 ₹30.75 ₹153.53 x
2007-03-31 ₹42.34 ₹153.53 x
2008-03-31 ₹56.38 ₹153.53 x
2009-03-31 ₹68.87 ₹153.53 x
2010-03-31 ₹81.70 ₹153.53 x
2011-03-31 ₹91.07 ₹153.53 x
2012-03-31 ₹97.51 ₹153.53 x
2013-03-31 ₹100.81 ₹153.53 x
2014-03-31 ₹104.78 ₹153.53 x
2015-03-31 ₹106.94 ₹153.53 x
2016-03-31 ₹96.67 ₹153.53 x
2017-03-31 ₹89.68 ₹153.53 x
2018-03-31 ₹89.45 ₹153.53 x
2019-03-31 ₹95.98 ₹153.53 x
2020-03-31 ₹100.50 ₹153.53 x
2021-03-31 ₹109.93 ₹153.53 x
2022-03-31 ₹131.25 ₹153.53 x
2023-03-31 ₹132.54 ₹153.53 x
2024-03-31 ₹138.24 ₹153.53 x
2025-03-31 ₹142.56 ₹153.53 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Steel Authority of India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 4.03%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.31%
  • • Asset Turnover: 0.75x
  • • Equity Multiplier: 2.32x
  • Recent ROE (4.03%) is below the historical average (15.61%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 51.74% 11.63% 0.92x 4.82x ₹20.96 Billion
2005 72.78% 22.92% 1.04x 3.05x ₹59.48 Billion
2006 32.10% 14.50% 0.95x 2.34x ₹28.08 Billion
2007 35.81% 18.45% 0.98x 1.99x ₹45.15 Billion
2008 32.62% 19.19% 0.94x 1.82x ₹52.67 Billion
2009 21.96% 13.63% 0.82x 1.96x ₹34.01 Billion
2010 20.30% 15.80% 0.62x 2.09x ₹34.77 Billion
2011 13.33% 11.74% 0.55x 2.08x ₹12.52 Billion
2012 8.92% 7.85% 0.58x 1.95x ₹-4.34 Billion
2013 5.59% 5.28% 0.51x 2.08x ₹-18.35 Billion
2014 6.13% 5.76% 0.49x 2.17x ₹-16.76 Billion
2015 4.61% 4.50% 0.45x 2.30x ₹-23.82 Billion
2016 -10.46% -10.92% 0.38x 2.52x ₹-81.69 Billion
2017 -7.44% -6.31% 0.41x 2.91x ₹-64.60 Billion
2018 -0.76% -0.49% 0.49x 3.12x ₹-39.76 Billion
2019 5.92% 3.54% 0.56x 2.98x ₹-16.16 Billion
2020 5.11% 3.48% 0.48x 3.06x ₹-20.30 Billion
2021 9.14% 6.07% 0.58x 2.59x ₹-3.92 Billion
2022 22.58% 11.83% 0.86x 2.22x ₹68.22 Billion
2023 3.98% 2.08% 0.80x 2.38x ₹-32.98 Billion
2024 5.37% 2.91% 0.75x 2.46x ₹-26.43 Billion
2025 4.03% 2.31% 0.75x 2.32x ₹-35.19 Billion

Industry Comparison

This section compares Steel Authority of India Limited's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $2,077,213,375
  • Average return on equity (ROE) among peers: 17.87%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Steel Authority of India Limited (SAIL) ₹582.78 Billion 51.74% 1.30x $2.54 Billion
Ankit Metal & Power Limited (ANKITMETAL) $-100.86 Million 0.00% 0.00x $722.48K
APL Apollo Tubes Limited (APLAPOLLO) $24.64 Billion 25.12% 0.81x $4.04 Billion
Ashoka Metcast Limited (ASHOKAMET) $23.00K 60.87% 7947.74x $1.75 Million
Bansal Wire Industries Ltd (BANSALWIRE) $2.83 Billion 21.21% 1.65x $84.98 Million
Bedmutha Industries Limited (BEDMUTHA) $1.45 Billion 17.08% 3.51x $8.02 Million
Bharat Wire Ropes Limited (BHARATWIRE) $1.38 Billion 0.97% 2.02x $61.29 Million
Electrotherm (India) Limited (ELECTHERM) $-10.96 Billion 0.00% 0.00x $31.33 Million
Gallantt Ispat Limited (GALLANTT) $1.10 Billion 27.96% 1.96x $327.71 Million
Grand Foundry Limited (GFSTEELS) $-57.50 Million 0.00% 0.00x $1.30 Million
Goodluck India Limited (GOODLUCK) $490.54 Million 25.50% 2.98x $163.26 Million