Steel Authority of India Limited (SAIL) - Net Assets

Latest as of September 2025: Rs582.78 Billion INR ≈ $6.30 Billion USD

Based on the latest financial reports, Steel Authority of India Limited (SAIL) has net assets worth Rs582.78 Billion INR (≈ $6.30 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs1.34 Trillion ≈ $14.51 Billion USD) and total liabilities (Rs758.85 Billion ≈ $8.21 Billion USD). 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. Check asset resilience ratio of Steel Authority of India Limited to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs582.78 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. Also explore Steel Authority of India Limited asset portfolio for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Steel Authority of India Limited market cap and net worth.

Year	Net Assets	Change
2025-03-31	Rs589.06 Billion ≈ $6.37 Billion	+3.16%
2024-03-31	Rs571.01 Billion ≈ $6.18 Billion	+4.30%
2023-03-31	Rs547.47 Billion ≈ $5.92 Billion	+0.99%
2022-03-31	Rs542.12 Billion ≈ $5.86 Billion	+19.39%
2021-03-31	Rs454.06 Billion ≈ $4.91 Billion	+9.39%
2020-03-31	Rs415.10 Billion ≈ $4.49 Billion	+4.70%
2019-03-31	Rs396.46 Billion ≈ $4.29 Billion	+7.31%
2018-03-31	Rs369.47 Billion ≈ $4.00 Billion	-0.26%
2017-03-31	Rs370.42 Billion ≈ $4.01 Billion	-6.12%
2016-03-31	Rs394.58 Billion ≈ $4.27 Billion	-10.93%
2015-03-31	Rs443.01 Billion ≈ $4.79 Billion	+2.35%
2014-03-31	Rs432.85 Billion ≈ $4.68 Billion	+3.95%
2013-03-31	Rs416.41 Billion ≈ $4.50 Billion	+3.40%
2012-03-31	Rs402.71 Billion ≈ $4.36 Billion	+7.10%
2011-03-31	Rs376.02 Billion ≈ $4.07 Billion	+11.41%
2010-03-31	Rs337.50 Billion ≈ $3.65 Billion	+19.26%
2009-03-31	Rs283.01 Billion ≈ $3.06 Billion	+21.52%
2008-03-31	Rs232.89 Billion ≈ $2.52 Billion	+33.16%
2007-03-31	Rs174.90 Billion ≈ $1.89 Billion	+37.63%
2006-03-31	Rs127.08 Billion ≈ $1.37 Billion	+34.16%
2005-03-31	Rs94.72 Billion ≈ $1.02 Billion	+88.60%
2004-03-31	Rs50.23 Billion ≈ $543.17 Million	+221.84%
2003-03-31	Rs15.61 Billion ≈ $168.77 Million	-22.93%
2002-03-31	Rs20.25 Billion ≈ $219.00 Million	--

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	Rs481.96 Billion	81.82%
Common Stock	Rs41.31 Billion	7.01%
Other Comprehensive Income	Rs63.44 Billion	10.77%
Other Components	Rs2.35 Billion	0.40%
Total Equity	Rs589.06 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
Lotus Bakeries BR:LOTB	$8.25 Billion
Zoomlion Heavy Industry Science and Technology Co Ltd SHE:000157	$8.26 Billion
Tetra Tech Inc NASDAQ:TTEK	$8.26 Billion
Vicinity Centres AU:VCX	$8.27 Billion
Murphy USA Inc NYSE:MUSA	$8.25 Billion
Menora Miv Hld TA:MMHD	$8.22 Billion
AU Small Finance Bank Limited NSE:AUBANK	$8.21 Billion
Bharti Hexacom Ltd NSE:BHARTIHEXA	$8.21 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	Rs23.72 Billion	+4.03%
Dividends Paid	Rs4.13 Billion	-0.7%
Other Comprehensive Income	Rs-120.70 Million	-0.02%
Other Changes	Rs-1.42 Billion	-0.24%
Total Change	Rs-	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: 1.30x
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 15.18x to 1.30x 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	Rs12.16	Rs184.62	x
2005-03-31	Rs22.94	Rs184.62	x
2006-03-31	Rs30.75	Rs184.62	x
2007-03-31	Rs42.34	Rs184.62	x
2008-03-31	Rs56.38	Rs184.62	x
2009-03-31	Rs68.87	Rs184.62	x
2010-03-31	Rs81.70	Rs184.62	x
2011-03-31	Rs91.07	Rs184.62	x
2012-03-31	Rs97.51	Rs184.62	x
2013-03-31	Rs100.81	Rs184.62	x
2014-03-31	Rs104.78	Rs184.62	x
2015-03-31	Rs106.94	Rs184.62	x
2016-03-31	Rs96.67	Rs184.62	x
2017-03-31	Rs89.68	Rs184.62	x
2018-03-31	Rs89.45	Rs184.62	x
2019-03-31	Rs95.98	Rs184.62	x
2020-03-31	Rs100.50	Rs184.62	x
2021-03-31	Rs109.93	Rs184.62	x
2022-03-31	Rs131.25	Rs184.62	x
2023-03-31	Rs132.54	Rs184.62	x
2024-03-31	Rs138.24	Rs184.62	x
2025-03-31	Rs142.56	Rs184.62	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: 2.33%
• 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	Rs20.96 Billion
2005	72.78%	22.92%	1.04x	3.05x	Rs59.48 Billion
2006	32.10%	14.50%	0.95x	2.34x	Rs28.08 Billion
2007	35.81%	18.45%	0.98x	1.99x	Rs45.15 Billion
2008	32.62%	19.19%	0.94x	1.82x	Rs52.67 Billion
2009	21.96%	13.63%	0.82x	1.96x	Rs34.01 Billion
2010	20.30%	15.80%	0.62x	2.09x	Rs34.77 Billion
2011	13.33%	11.74%	0.55x	2.08x	Rs12.52 Billion
2012	8.92%	7.85%	0.58x	1.95x	Rs-4.34 Billion
2013	5.59%	5.28%	0.51x	2.08x	Rs-18.35 Billion
2014	6.13%	5.76%	0.49x	2.17x	Rs-16.76 Billion
2015	4.61%	4.50%	0.45x	2.30x	Rs-23.82 Billion
2016	-10.46%	-10.92%	0.38x	2.52x	Rs-81.69 Billion
2017	-7.44%	-6.31%	0.41x	2.91x	Rs-64.60 Billion
2018	-0.76%	-0.49%	0.49x	3.12x	Rs-39.76 Billion
2019	5.92%	3.54%	0.56x	2.98x	Rs-16.16 Billion
2020	5.11%	3.48%	0.48x	3.06x	Rs-20.30 Billion
2021	9.14%	6.07%	0.58x	2.59x	Rs-3.92 Billion
2022	22.58%	11.92%	0.86x	2.22x	Rs68.22 Billion
2023	3.98%	2.10%	0.80x	2.38x	Rs-32.98 Billion
2024	5.37%	2.93%	0.74x	2.46x	Rs-26.43 Billion
2025	4.03%	2.33%	0.75x	2.32x	Rs-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: $56,981,137
Average return on equity (ROE) among peers: 11.55%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Steel Authority of India Limited (SAIL)	Rs582.78 Billion	51.74%	1.30x	$8.25 Billion
Ankit Metal & Power Limited (ANKITMETAL)	$4.99 Billion	10.25%	2.32x	$2.44 Million
APL Apollo Tubes Limited (APLAPOLLO)	$155.16 Million	43.49%	4.18x	$5.72 Billion
Bansal Wire Industries Ltd (BANSALWIRE)	$4.61 Billion	15.96%	1.74x	$501.93 Million
Bedmutha Industries Limited (BEDMUTHA)	$-1.62 Billion	0.00%	0.00x	$38.63 Million
Bharat Wire Ropes Limited (BHARATWIRE)	$222.58 Million	9.47%	2.22x	$164.68 Million
Electrotherm (India) Limited (ELECTHERM)	$-10.96 Billion	0.00%	0.00x	$111.23 Million
Grand Foundry Limited (GFSTEELS)	$-32.83 Million	0.00%	0.00x	$4.07 Million
Goodluck India Limited (GOODLUCK)	$978.14 Million	20.56%	2.88x	$451.00 Million
Godawari Power And Ispat limited (GPIL)	$2.07 Billion	26.10%	1.64x	$2.08 Billion
Hariom Pipe Industries Limited (HARIOMPIPE)	$152.16 Million	-10.33%	2.30x	$111.44 Million

About Steel Authority of India Limited

NSE:SAIL India Steel

Market Cap

$8.25 Billion

Rs762.58 Billion INR

Market Cap Rank

#2572 Global

#104 in India

Share Price

Rs184.62

Change (1 day)

-0.83%

52-Week Range

Rs109.01 - Rs186.16

All Time High

Rs186.16