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Steel Authority of India Limited - SAIL

Introduction


Steel Authority of India Limited (SAIL) is one of the largest steel-making companies in India and one of the Maharatna’s of the country’s Central Public Sector Enterprises.


SAIL produces iron and steel at five integrated plants and three special steel plants, located principally in the eastern and central regions of India and situated close to domestic sources of raw materials. SAIL manufactures and sells a broad range of steel products such as Electrical Steels, Stainless Steel Products, Hot Rolled Products, Wheels and Axles, Wire Rods, Bars & Rebars, Joists, Channels, Angles, Blooms, Billets, etc.


SAIL has successfully setup 5 Integrated Steel Plants in Chattisgarh, Odisha, Jharkhand and West Bengal and 3 Special Steel Plants at Tamil Nadu, West Bengal and Karnataka along with 1 Ferro Alloy Plant in Maharashtra.


Strengths


Weaknesses


Opportunities


The Indian steel industry is modern with state-of-the-art steel mills. It has always strived for continuous modernisation of older plants and up-gradation to higher energy efficiency levels.


Indian steel industry is classified into three categories - major producers, main producers and secondary producers.


India’s finished steel consumption grew at a CAGR of 5.2% during FY16-FY20 to reach 100 MT. India’s crude steel and finished steel production increased to 108.5 MT and 101.03 MT in FY20P, respectively.


Export and import of finished steel stood at 7.70 MT and 2.70 MT, respectively, between April 2020 and November 2020.


Steel industry and its associated mining and metallurgy sectors have seen major investments and developments in the recent past.


According to the data released by Department for Promotion of Industry and Internal Trade (DPIIT), the Indian metallurgical industries attracted Foreign Direct Investment (FDI) to the tune of US$ 14.24 billion in the period April 2000-September 2020.


The National Steel Policy, 2017 envisage 300 million tonnes of production capacity by 2030-31. The per capita consumption of steel has increased from 57.6 kgs to 74.1 kgs during the last five years. The government has a fixed objective of increasing rural consumption of steel from the current 19.6 kg/per capita to 38 kg/per capita by 2030-31.


As per Indian Steel Association (ISA), steel demand will grow by 7.2% in 2019-20 and 2020-21.

Huge scope for growth is offered by India’s comparatively low per capita steel consumption and the expected rise in consumption due to increased infrastructure construction and the thriving automobile and railways sectors.


Key Positions of SAIL


Management

  • Promoters

Government of India

  • Chairman

Mr. Anil Kumar Chaudhary, leads the position of Chairman of Steel Authority of India Limited - SAIL.


Shareholding Pattern as on 31st December, 2020

Steel Authority of India Limited | SAIL | SAIL Stock | SAIL Complete Analysis | SAIL Stock Fundamental Analysis | SAIL Shareholdings | SAIL Shareholding Pattern
SAIL - Shareholding Pattern

Returns on Share


52 Week Higher Level: 98.50 INR


52 Week Lower Level: 25.10 INR


Peers


JSW Steel, Tata Steel, Hindalco, Jindal Steel, etc.




Sources


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