Steel Authority of India Limited

Global Economic & Steel Scenario

  • IMF World Economic Outlook (Jul'26) increased growth projections for 2026 over Apr'26 projections
  • Global economy estimates for 2027 marginally better than 2026 due to improvement in Emerging & Developing Economies
  • Middle East situation cited as major factor impacting 2026 projections
  • Global steel production declining yearly except marginal increase in 2023
  • Jan-May CY26 production fell by 1.5% over corresponding period last year (CPLY)
  • China production declined 3.8% during Jan-May CY26 but still dominates with 53.7% of global production
  • Positive production growth in Vietnam (26.8%), Germany (8.8%), India (7.7%), Turkey (6.8%), USA (6.8%), South Korea (2.7%)
  • Negative production growth in Russia (-10.0%), Brazil (-1.9%), Japan (-0.7%)

Domestic Economic & Steel Scenario

  • Indian GDP declined to -5.8% during FY21 due to COVID-19 pandemic
  • Second Advance Estimates for FY25 at 6.5%, substantially lower than earlier projections
  • First Advance Estimates for FY26 at 7.4%
  • Future year projections range 6.4%-7.2%, keeping India among fastest growing major economies
  • Growth projections from agencies:
  • IMF (Jul'26): 6.4% (CY26) & 6.7% (CY27)
  • World Bank (Jun'26): 7.2% (FY27) & 7.0% (FY28)
  • RBI (Jun'26): 6.6% (FY27) with quarterly projections: Q1-6.6%, Q2-6.3%, Q3-6.5%, Q4-6.8%
  • IIP showed improvement in five of six categories during first two months of FY2026-27 vs FY2024-25
  • Growth driven by Infrastructure Goods and Capital Goods
  • Marginal growth in Consumer Non-durables and Primary Goods
  • Indian crude steel production grew 3% in Q1 FY27 over CPLY
  • Indian steel consumption grew ~8% in Q1 FY27

SAIL Financial Performance (₹ crore)

Q1 FY27 Performance:

  • Sales Turnover: ₹25,731
  • Total Income: ₹26,082
  • EBITDA: ₹2,925
  • Depreciation: ₹1,441
  • Finance Cost: ₹595
  • PBT Before Exceptional Items: ₹890
  • Exceptional Items: ₹0
  • PBT After Exceptional Items: ₹890
  • Tax: ₹204
  • Profit After Tax: ₹685

Full Year FY27 Performance (appears to be cumulative or projected):

  • Sales Turnover: ₹109,966
  • Total Income: ₹111,961
  • EBITDA: ₹13,146
  • Depreciation: ₹5,985
  • Finance Cost: ₹2,158
  • PBT Before Exceptional Items: ₹5,002
  • Exceptional Items: -₹668
  • PBT After Exceptional Items: ₹4,334
  • Tax: ₹1,100
  • Profit After Tax: ₹3,233

Operational Performance

Presentation includes sections on Production Performance for FY27 and FY25, and Techno-Economic Parameters including:

  • CDI Rate: kg/thm
  • Specific Energy Consumption: GCal/tcs
  • BF Productivity: T/m3/Day

Additional Information

Document includes extensive abbreviations list covering technical terms, plant names, and financial metrics. Contains standard disclaimer noting forward-looking statements and that past performance is not necessarily indicative of future results.