SAIL - Steel Authority of India Ltd. Share Price

Ferrous Metals

₹117.15+2.34(+2.04%)

Market Open as of Apr 28, 2025, 13:11 IST

What does Steel Authority of India Ltd. do?

Iron & Steel•Metals & Mining•Mid Cap

Steel Authority of India (SAIL) is a prominent iron and steel manufacturing company based in New Delhi, India. With a significant market capitalization of Rs. 45,811.7 crores, SAIL operates on both domestic and international fronts.

The company's extensive product portfolio includes a variety of railway products such as:

Rail
High YS/UTS rail
Corrosion resistant micro alloyed rail
Vanadium alloyed rail
End forged thick web asymmetric rail
High conductivity rail
Crane rails
Crossing sleeper bars

In addition to railway products, SAIL produces various other iron and steel items, including:

Pig iron and pipes
Semis
Structural and TMT bars
Galvanized products
Wire rods
Plate mill plates
Wheels and axles
Hot rolled and cold rolled products
Stainless and electrical steel products

SAIL serves a diverse clientele, including government organizations, public sector undertakings (PSUs), private companies, distributors, and resellers.

Founded in 1954, Steel Authority of India has shown impressive financial performance, reporting a trailing 12-month revenue of Rs. 102,012.4 crores. The company is also committed to returning value to its investors, featuring a dividend yield of 1.8% per year, with Rs. 2 declared as the dividend per share in the last 12 months. Over the past three years, SAIL has experienced a revenue growth of 5.5%.

Industry Group:Ferrous Metals

Employees:55,989

Website:www.sail.co.in

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Category	SAIL	Ferrous
PE	21.11	44.76
PS	0.46	1.19
Growth	-5.2 %	-1.1 %

Summary of Latest Earnings Report from Steel Authority of India

Summary of Steel Authority of India's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Earnings Outlook

Last updated: Feb 25

Management Outlook & Major Points:
SAIL's management expressed cautious optimism, emphasizing India's robust steel demand driven by infrastructure investments (Govt. capex of Rs.1.5 lakh crore), urban development, and power sector reforms. Key highlights:

Demand & Pricing: Domestic steel consumption grew 10.8% YoY (9M FY25), with Q4 traditionally the strongest quarter. Prices are expected to rebound after Q3 lows (blended NSR: Rs.49,700/ton), supported by reduced imports and potential safeguard duties.
Cost Efficiency: Focus on lowering coal costs (blend cost down to Rs.19,200/ton in Q3; further drop expected in Q4) and operational improvements (lower energy consumption, higher BF productivity).
Debt Reduction: Net debt reduced by Rs.1,700 crore in Q3 (to Rs.33,097 crore); target to align with FY24 levels (Rs.30,593 crore) by FY25-end.
Expansion: CAPEX of Rs.5,700 crore in FY25; Rs.55,000"“56,000 crore planned for 7.5 mt capacity expansion by 2031 (total 15 mt), funded via 1:1 debt-equity.
Decarbonization: Aiming to reduce CO2 emissions by 12% (to 2.19 tons/ton of crude steel) by 2031 via tech partnerships and renewable energy.
Product Mix: Reducing semi-finished sales (current: 8% vs. 14% production) via downstream projects (e.g., TMT mills) and third-party conversion agreements.
Risks: Global volatility (US tariffs, inflation) and import competition remain challenges. Domestic growth (6.4% GDP) and govt. infra push underpin positive medium-term outlook.

(1,999 characters)

Q&A Session

Last updated: Feb 25

Question 1:
What should we make of the government's thinking of potential safeguard duties, import duties? How are you looking at it? The second question is on the cascading royalty. Is there a specific update? The third question is on Karnataka's proposed tax: can the centre intervene in the levy extent?
Answer Summary:
Safeguard duty decisions are pending with the finance ministry; SAIL has submitted inputs. Royalty updates are awaited for Jharkhand, Odisha, and Chhattisgarh mines. Karnataka's tax proposal has no direct impact on SAIL's operations.

Question 2:
How did flat and long prices move from Q2 to Q3? Highlight current spot prices.
Answer Summary:
Long product prices rose by ~Rs.1,300/ton (Q2: Rs.52,000; Q3: Rs.53,400), while flat product prices fell by ~Rs.2,000/ton (Q2: Rs.49,000; Q3: Rs.46,800). Blended prices declined marginally (Rs.50,500 to Rs.49,700). Positive price momentum is expected in Q4.

Question 3:
What drove the 16% YoY sales volume growth in Q3? Explain plant-wise EBIT improvements. What are coal cost trends?
Answer Summary:
Volume growth stemmed from infrastructure demand. Bhilai and Rourkela's EBIT improved due to operational efficiencies and input cost reductions. Coal blend cost dropped from Rs.20,600 to Rs.19,200/ton in Q3, with further declines expected in Q4.

Question 4:
What is the current NSR? Share CAPEX guidance for FY25, FY26, and expansion details. What is net debt outlook?
Answer Summary:
January's blended NSR was Rs.48,400/ton. FY25 CAPEX is Rs.5,700 crore (Rs.3,900 crore spent till December). FY26 CAPEX is ~~Rs.7,500 crore. Net debt is projected to align with March 2024 levels (~~Rs.30,500 crore) by FY25-end.

Question 5:
What is current inventory value? How will debt be managed during expansion? Update on rail price revisions.
Answer Summary:
Inventory: 2.98 mt (value: ~Rs.12,000"“13,000 crore). Debt will stay controlled (debt-equity ratio â‰¤1.2:1 during expansion). Rail prices for FY23"“24 are under negotiation with authorities.

Question 6:
How are domestic coking coal prices indexed? What is the imported/domestic coal mix? CAPEX details?
Answer Summary:
Domestic coal prices are import-parity-linked but capped. SAIL's blend is 85% imported, 15% domestic. CAPEX: Rs.3,900 crore spent in 9M FY25; Rs.7,500 crore planned for FY26.

Question 7:
Timeline and funding for 15 mt expansion? Cost breakup?
Answer Summary:
15 mt expansion (Rs.1.1"“1.2 lakh crore) targets 2031 completion. Funding via 1:1 debt-equity. Stage-I approvals for IISCO, Bokaro, and Durgapur are underway.

Question 8:
Are long-term coking coal contracts in place? Why were Q3 other expenses lower?
Answer Summary:
Long-term coal contracts follow index-based pricing, ensuring cost benefits. Lower other expenses reflect broad operational improvements, not one-offs.

Question 9:
Plans to reduce semis sales? Updates on pellet plants for low-grade ore?
Answer Summary:
Semis reduction via internal conversion (e.g., new TMT mills) and third-party agreements. Pellet plant approvals for Goa ore are pending board/stage-wise clearances.

Question 10:
Current NSR for flats/longs? FY25 CAPEX target? FY25 sales volume and finished goods inventory?
Answer Summary:
January NSR: longs Rs.51,500/ton, flats Rs.45,800/ton. FY25 CAPEX: Rs.5,700 crore. FY25 sales target: 17.5 mt. Finished goods inventory: 1.79 mt (vs. 1.93 mt in September).

Shareholder Name	Holding %
PRESIDENT OF INDIA	65%

Description	Share	Value
Bhilai Steel Plant	29.7%	7.8 kCr
Bokaro Steel Plant	22.7%	6 kCr
Rourkela Steel Plant	21.9%	5.8 kCr
Durgapur Steel Plant	11.4%	3 kCr
IISCO Steel Plant	9.8%	2.6 kCr
Others	1.7%	448.6 Cr
Salem Steel Plant	1.7%	445.2 Cr
Alloy Steel Plant	1.2%	312.1 Cr
Total		26.4 kCr

Valuation
Market Cap	47.42 kCr
Price/Earnings (Trailing)	21.11
Price/Sales (Trailing)	0.46
EV/EBITDA	4.41
Price/Free Cashflow	-25.63
MarketCap/EBT	18.99

Fundamentals
Revenue (TTM)	1.02 LCr
Rev. Growth (Yr)	5.24%
Rev. Growth (Qtr)	-0.48%
Earnings (TTM)	2.25 kCr
Earnings Growth (Yr)	-66.45%
Earnings Growth (Qtr)	-84.18%

Profitability
Operating Margin	3.22%
EBT Margin	2.45%
Return on Equity	3.9%
Return on Assets	1.61%
Free Cashflow Yield	-3.9%

Balance Sheet for Steel Authority of India

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	207.7%	41	14	81	6.44	37	60
Loans, current	-3.7%	27	28	31	35	39	43
Total current financial assets	-16.5%	8,558	10,247	8,781	7,058	7,586	6,768
Inventories	2.8%	33,552	32,646	24,846	27,716	28,086	19,569
Current tax assets	-100.2%	0	433	3,321	-	0	0
Total current assets	-3.7%	46,098	47,867	36,948	37,734	39,123	28,660
Property, plant and equipment	-0.9%	64,812	65,397	65,824	67,091	67,272	68,363
Capital work-in-progress	4.9%	6,443	6,141	5,539	4,891	4,155	4,017
Investment property	-100%	0.98	0.99	4,970	4,911	3,722	3,835
Non-current investments	2.5%	1,736	1,694	1,732	1,673	1,632	1,624
Loans, non-current	13.8%	998	877	726	655	673	560
Total non-current financial assets	6.9%	3,225	3,016	2,858	2,698	2,586	2,423
Total non-current assets	0.6%	90,232	89,650	89,677	89,952	88,606	89,067
Total assets	-0.8%	136,426	137,532	126,644	127,715	127,737	117,741
Borrowings, non-current	-2.9%	14,368	14,803	8,240	6,113	6,109	8,136
Total non-current financial liabilities	-2.6%	15,788	16,214	14,400	12,239	11,110	13,132
Provisions, non-current	-1.8%	5,619	5,724	5,627	5,604	4,972	5,331
Total non-current liabilities	-1.9%	29,401	29,976	28,499	26,270	24,042	26,406
Borrowings, current	25%	26,882	21,512	17,250	19,549	21,362	5,250
Total current financial liabilities	-3%	45,946	47,361	38,890	44,393	46,677	34,071
Provisions, current	30%	1,677	1,290	1,706	1,379	1,224	1,170
Current tax liabilities	152.4%	526	209	130	0	117	0
Total current liabilities	-1.7%	52,528	53,425	44,887	49,305	52,084	39,318
Total liabilities	-1.8%	81,930	83,402	73,386	75,576	76,126	65,724
Equity share capital	0%	4,131	4,131	4,131	4,131	4,131	4,131
Total equity	0.7%	54,496	54,131	53,258	52,139	51,612	52,017
Total equity and liabilities	-0.8%	136,426	137,532	126,644	127,715	127,737	117,741

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-1.5%	68	69	99	57	61	132
Loans, current	-3.7%	27	28	31	35	39	43
Total current financial assets	-16.5%	8,710	10,426	8,982	7,239	7,761	6,941
Inventories	2.8%	33,631	32,721	24,899	27,765	28,118	19,608
Current tax assets	-100.2%	0	433	3,323	0	0	0
Total current assets	-3.7%	46,347	48,123	37,204	37,965	39,337	28,873
Property, plant and equipment	-0.9%	64,830	65,415	65,843	67,111	67,292	68,383
Capital work-in-progress	4.9%	6,443	6,141	5,539	4,891	4,155	4,017
Investment property	-100%	0.98	0.99	4,970	4,911	3,722	3,835
Non-current investments	12.6%	349	310	296	218	177	170
Loans, non-current	13.8%	998	877	726	655	673	560
Total non-current financial assets	12.7%	1,840	1,633	1,423	1,244	1,128	965
Total non-current assets	0.8%	93,299	92,571	92,386	92,486	90,986	91,222
Total assets	-0.7%	139,742	140,709	129,608	130,481	130,332	120,109
Borrowings, non-current	-2.9%	14,368	14,803	8,240	6,113	6,109	8,136
Total non-current financial liabilities	-2.6%	15,833	16,260	14,443	12,282	11,148	13,170
Provisions, non-current	-1.9%	5,630	5,737	5,641	5,617	4,984	5,343
Total non-current liabilities	-1.9%	29,573	30,143	28,659	26,400	24,187	26,555
Borrowings, current	25%	26,897	21,519	17,250	19,549	21,362	5,250
Total current financial liabilities	-3%	45,989	47,395	38,928	44,416	46,701	34,094
Provisions, current	30%	1,682	1,294	1,709	1,382	1,225	1,172
Current tax liabilities	152.9%	527	209	130	3.13	117	0.66
Total current liabilities	-1.7%	52,581	53,464	44,929	49,334	52,110	39,343
Total liabilities	-1.7%	82,154	83,607	73,588	75,734	76,296	65,897
Equity share capital	0%	4,131	4,131	4,131	4,131	4,131	4,131
Non controlling interest	0%	0.01	0.01	0.01	0.01	0.01	0.01
Total equity	0.9%	57,588	57,101	56,020	54,747	54,035	54,212
Total equity and liabilities	-0.7%	139,742	140,709	129,608	130,481	130,332	120,109

Cash Flow for Steel Authority of India

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	21.5%	2,474	2,037	1,607
Change in inventories	40.5%	-5,010.9	-8,422.78	-4,868.26
Depreciation	6.3%	5,277	4,963	4,274
Unrealised forex losses/gains	-	0	0	91
Dividend income	-59.9%	169	420	193
Adjustments for interest income	8.5%	306	282	279
Net Cashflows from Operations	160.7%	3,027	-4,986.89	31,047
Income taxes paid (refund)	-78%	93	420	84
Net Cashflows From Operating Activities	154.2%	2,933	-5,406.49	30,964
Proceeds from sales of PPE	25.8%	503	400	236
Purchase of property, plant and equipment	12.7%	4,863	4,315	3,852
Dividends received	-59.9%	169	420	193
Interest received	-32%	192	282	191
Other inflows (outflows) of cash	-1223.1%	-280.96	-20.31	-741.93
Net Cashflows From Investing Activities	-32.4%	-4,280.28	-3,233.54	-3,974.66
Proceeds from borrowings	-58.4%	5,000	12,009	0
Repayments of borrowings	-	68	0	22,409
Payments of lease liabilities	-	801	0	0
Dividends paid	-53.8%	620	1,342	3,067
Interest paid	3.7%	2,157	2,080	1,922
Net Cashflows from Financing Activities	-84.2%	1,354	8,587	-27,397.58
Net change in cash and cash eq.	111.6%	7.29	-53.32	-408.64

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	21.5%	2,474	2,037	1,607
Change in inventories	40.3%	-5,038.74	-8,434.91	-4,852.37
Depreciation	6.1%	5,278	4,973	4,275
Unrealised forex losses/gains	-	0	0	91
Dividend income	8.9%	5.52	5.15	0.29
Adjustments for interest income	9.3%	317	290	284
Net Cashflows from Operations	161.9%	3,014	-4,868.8	31,078
Income taxes paid (refund)	-75.5%	104	421	92
Net Cashflows From Operating Activities	155%	2,911	-5,290.15	30,987
Proceeds from sales of PPE	23%	503	409	236
Purchase of property, plant and equipment	19.8%	4,711	3,931	3,665
Dividends received	8.9%	5.52	5.15	0.29
Interest received	-3%	196	202	196
Other inflows (outflows) of cash	-349.2%	-254.61	-55.9	-742.43
Net Cashflows From Investing Activities	-26.4%	-4,260.55	-3,370.98	-3,975.78
Proceeds from borrowings	-58.4%	5,000	12,009	0
Repayments of borrowings	-	61	0	22,409
Payments of lease liabilities	-	801	0	0
Dividends paid	-53.8%	620	1,342	3,067
Interest paid	3.7%	2,157	2,080	1,922
Net Cashflows from Financing Activities	-84.1%	1,362	8,587	-27,397.61
Net change in cash and cash eq.	114.6%	12	-74.45	-386.74

Investor Care
Dividend Yield	1.78%
Dividend/Share (TTM)	2
Shares Dilution (1Y)	0.00%
Diluted EPS (TTM)	5.44

Financial Health
Current Ratio	0.88
Debt/Equity	0.72
Debt/Cashflow	0.08

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
JSWSTEEL	JSW SteelIron & Steel	2.51 LCr	1.71 LCr	-2.66%	+13.53%	75.93	1.47	-3.36%	-70.93%
TATASTEEL	TATA STEELIron & Steel	1.73 LCr	2.22 LCr	-10.89%	-17.20%	68.58	0.78	-5.52%	+164.84%
JINDALSTEL	Jindal Steel & PowerIron & Steel	90.77 kCr	50.2 kCr	-1.11%	-5.56%	22.23	1.81	-0.34%	-25.44%
JSL	Jindal StainlessIron & Steel	46.08 kCr	38.82 kCr	-6.01%	-23.34%	19.12	1.19	-0.53%	-17.14%
VISAKAIND	Visaka IndustriesCement & Cement Products	546.77 Cr	1.52 kCr	+7.02%	-41.92%	-33.27	0.36	-4.43%	-505.89%

Income Statement for Steel Authority of India

Standalone figures (in Rs. Crores) / View Consolidated Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	0.9%	105,375	104,447	103,473	69,110	61,661	66,967
Other Income	-15.3%	1,148	1,355	1,042	1,012	985	533
Total Income	0.7%	106,523	105,802	104,515	70,122	62,646	67,500
Cost of Materials	-7.2%	57,619	62,091	42,776	23,136	29,213	32,291
Employee Expense	-2.5%	11,748	12,054	12,846	10,446	8,781	8,830
Finance costs	21.5%	2,474	2,037	1,698	2,817	3,487	3,155
Depreciation and Amortization	6.3%	5,277	4,963	4,274	4,102	3,755	3,385
Other expenses	2.9%	28,229	27,439	26,813	18,531	19,023	18,829
Total Expenses	-1.4%	101,994	103,423	88,123	63,301	58,703	63,773
Profit Before exceptional items and Tax	90.4%	4,529	2,379	16,392	6,821	3,942	3,727
Exceptional items before tax	-427.6%	-840.84	258	-353.41	58	-771.76	-389.4
Total profit before tax	39.9%	3,688	2,637	16,039	6,879	3,171	3,338
Current tax	417.1%	606	118	0	12	75	4.84
Deferred tax	-43.3%	349	615	4,024	3,017	1,074	1,154
Total tax	30.2%	955	734	4,024	3,029	1,149	1,159
Total profit (loss) for period	43.6%	2,733	1,903	12,015	3,850	2,022	2,179
Other comp. income net of taxes	72%	-122.17	-438.61	-64.45	281	-115.71	259
Total Comprehensive Income	78.4%	2,611	1,464	11,951	4,131	1,906	2,438
Earnings Per Share, Basic	55.7%	6.62	4.61	29.09	9.32	4.89	5.27
Earnings Per Share, Diluted	55.7%	6.62	4.61	29.09	9.32	4.89	5.27
Debt equity ratio	0.1%	067	059	033	087	0.0136	0.0118
Debt service coverage ratio	0.6%	0.0208	0.0152	0.0153	036	06	0.0165
Interest service coverage ratio	0.6%	0.0264	0.0205	0.09	0.0286	0.0183	0.0179

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-0.7%	24,490	24,675	23,998	27,958	23,345	29,714
Other Income	35.4%	364	269	200	353	179	174
Total Income	-0.4%	24,854	24,944	24,198	28,311	23,524	29,887
Cost of Materials	-3.7%	11,785	12,243	13,674	15,105	13,740	13,517
Purchases of stock-in-trade	-	260	0	0	0	0	0
Employee Expense	-5.3%	2,721	2,872	2,778	2,840	2,938	3,125
Finance costs	-10.4%	679	758	691	642	614	605
Depreciation and Amortization	8.9%	1,420	1,304	1,402	1,356	1,321	1,326
Other expenses	-3.1%	7,105	7,335	6,945	7,152	7,077	7,186
Total Expenses	3.1%	24,564	23,832	23,872	26,480	23,140	27,776
Profit Before exceptional items and Tax	-74%	290	1,113	326	1,831	384	2,111
Exceptional items before tax	-	29	0	-311.76	-502.34	76	-414.96
Total profit before tax	-71.5%	318	1,113	14	1,329	461	1,696
Current tax	-54.2%	144	313	4.29	118	16	425
Deferred tax	233.9%	48	-34.11	-0.71	199	113	30
Total tax	-31.3%	192	279	3.58	317	129	456
Total profit (loss) for period	-85%	126	834	11	1,011	331	1,241
Other comp. income net of taxes	-82325%	-31.97	0.96	-66.24	33	-89.92	-52.54
Total Comprehensive Income	-88.8%	94	834	-55.56	1,044	241	1,188
Earnings Per Share, Basic	-168.6%	0.3	2.02	0.03	2.45	0.8	3
Earnings Per Share, Diluted	-168.6%	0.3	2.02	0.03	2.45	0.8	3

Consolidated figures (in Rs. Crores) / View Standalone Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	0.9%	105,378	104,448	103,477	69,114	61,664	66,974
Other Income	12.3%	1,067	950	859	861	906	495
Total Income	1%	106,445	105,398	104,335	69,974	62,570	67,468
Cost of Materials	-7.2%	57,709	62,180	42,890	23,214	29,372	32,403
Employee Expense	-2.5%	11,766	12,072	12,862	10,461	8,797	8,849
Finance costs	21.5%	2,474	2,037	1,698	2,817	3,487	3,155
Depreciation and Amortization	6.3%	5,278	4,964	4,275	4,103	3,756	3,385
Other expenses	2.9%	28,109	27,312	26,663	18,424	18,857	18,676
Total Expenses	-1.4%	101,981	103,409	88,108	63,295	58,691	63,752
Profit Before exceptional items and Tax	124.5%	4,464	1,989	16,227	6,679	3,879	3,716
Exceptional items before tax	-427.6%	-840.84	258	-353.41	58	-771.76	-389.4
Total profit before tax	61.3%	3,623	2,247	15,874	6,738	3,107	3,326
Current tax	393.5%	613	125	7.25	16	81	14
Deferred tax	-35.3%	382	590	4,041	3,041	1,100	1,187
Total tax	39%	995	716	4,048	3,058	1,181	1,201
Total profit (loss) for period	40.9%	3,067	2,177	12,243	4,148	2,121	2,349
Other comp. income net of taxes	68.8%	-92.54	-299.12	-9.68	161	26	355
Total Comprehensive Income	58.5%	2,974	1,877	12,234	4,309	2,147	2,704
Earnings Per Share, Basic	50.4%	7.42	5.27	29.64	10.04	5.13	5.69
Earnings Per Share, Diluted	50.4%	7.42	5.27	29.64	10.04	5.13	5.69

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-0.7%	24,490	24,675	23,998	27,959	23,349	29,712
Other Income	40.4%	234	167	177	313	144	146
Total Income	-0.5%	24,723	24,842	24,175	28,272	23,492	29,858
Cost of Materials	-3.7%	11,810	12,267	13,701	15,130	13,765	13,536
Purchases of stock-in-trade	-	260	0	0	0	0	0
Employee Expense	-5.3%	2,725	2,877	2,783	2,845	2,942	3,129
Finance costs	-10.3%	680	758	691	642	614	605
Depreciation and Amortization	9%	1,421	1,304	1,402	1,356	1,321	1,327
Other expenses	-3.1%	7,071	7,295	6,914	7,115	7,052	7,152
Total Expenses	3.1%	24,560	23,824	23,872	26,474	23,141	27,769
Profit Before exceptional items and Tax	-84.1%	163	1,018	303	1,798	352	2,090
Exceptional items before tax	-	29	0	-311.76	-502.34	76	-414.96
Total profit before tax	-81.3%	191	1,018	-8.56	1,296	428	1,675
Current tax	-54%	146	316	4.97	121	17	424
Deferred tax	184.2%	35	-39.39	11	194	122	41
Total tax	-34.5%	181	276	16	316	140	464
Total profit (loss) for period	-84.3%	142	897	82	1,126	423	1,306
Other comp. income net of taxes	351.5%	42	-15.3	-63.61	56	-109.96	-28.19
Total Comprehensive Income	-79.2%	184	882	18	1,182	313	1,277
Earnings Per Share, Basic	-156.4%	0.34	2.17	0.2	2.73	1.02	3.16
Earnings Per Share, Diluted	-156.4%	0.34	2.17	0.2	2.73	1.02	3.16

SAIL - Steel Authority of India Ltd. Share Price

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