Revenue distribution by sectors:

• Steel production: approx. 70%
• Mining and raw material processing: approx. 20%
• Other business sectors: approx. 10%

TOP 3 markets and their percentage shares:

• India: approx. 60%
• Asia (excluding India): approx. 25%
• Europe: approx. 10%

Steel Authority of India Limited (SAIL) generates the majority of its revenue from steel production, which is the core of the company's business. The Indian market is the largest sales market, driven by strong demand for steel in the infrastructure and construction industry.

Asia, especially countries like China and Japan, represents the second largest market as these countries also have a high demand for steel products. Europe follows as the third largest market, where SAIL benefits from the demand for high-quality steel products.

Production sites of SAIL:

1. Bhilai Steel Plant - Chhattisgarh
2. Durgapur Steel Plant - West Bengal
3. Rourkela Steel Plant - Odisha
4. Bokaro Steel Plant - Jharkhand
5. IISCO Steel Plant - West Bengal
6. Alloy Steels Plant - West Bengal
7. Salem Steel Plant - Tamil Nadu
8. Visvesvaraya Iron and Steel Plant - Karnataka

Steel Authority of India Limited (SAIL) is one of the largest steel producers in India and operates several large steel plants across the country. These plants are strategically located in various states of India to efficiently serve both raw material supply and market demands.

Each plant specializes in specific types of products to offer a wide range of steel products used in various industries. The geographical distribution of the plants enables SAIL to leverage logistical advantages and optimize production costs.

Revenue Growth: Estimated 8-10% annually (2025) Capacity Expansion: 5 million tons by 2026

Steel Authority of India Limited (SAIL) is pursuing a strategy focused on capacity expansion and technological modernization. The company plans to increase its production capacity by 5 million tons by 2026 to meet the growing demand.

In addition, SAIL is investing in the modernization of its existing facilities to increase efficiency and reduce production costs. Another focus is on tapping into new markets, especially in Asia and Africa, to expand its export business.

SAIL is also committed to sustainable practices and plans to reduce CO2 emissions by using environmentally friendly technologies. This aligns with global sustainability trends and could help the company remain competitive in the long term.

Imported raw materials:

1. Coke
2. Iron ore (to a limited extent)
3. Manganese ore
4. Nickel
5. Coal

Countries of origin:

• Coke and coal: Australia, Indonesia, South Africa
• Nickel: Canada, Russia
• Manganese ore: South Africa, Australia
• Iron ore: Brazil (to a limited extent)

Steel Authority of India Limited (SAIL) is heavily dependent on the quality and availability of raw materials needed for steel production. While a large portion of iron ore is sourced locally, SAIL imports other key raw materials such as coke and coal from countries like Australia and Indonesia to ensure the quality and efficiency of production. Nickel and manganese ore are imported from Canada, Russia, and South Africa to produce special steel alloys. These import strategies help SAIL optimize production costs and ensure product quality.

Market share in India: approximately 14% (2023)
Production capacity: 21.4 million tons of steel per year (2023)
EBITDA margin: 12.5% (2023)

Steel Authority of India Limited (SAIL) has a significant competitive advantage due to its strong market position as one of the largest steel producers in India. With a market share of about 14%, SAIL is well positioned to benefit from the increasing demand for steel in India, driven by infrastructure projects and urbanization.

Another advantage is the high production capacity of 21.4 million tons per year, which enables SAIL to leverage economies of scale and reduce production costs. This is supported by a solid EBITDA margin of 12.5%, indicating efficient operations and cost reduction measures.

Furthermore, SAIL is continuously investing in technological upgrades and capacity expansions to remain competitive and enhance the quality of its products. These strategic initiatives strengthen SAIL's market position and contribute to the company's long-term competitiveness.

Institutional Investor Share: approximately 20-25% (estimated, based on historical data)

Insider Purchases/Sales: No specific data available for 2025

The institutional investor share in Steel Authority of India Limited (SAIL) has typically been between 20% and 25% in recent years. These investors are often large funds, pension funds, or other financial institutions that invest in the company for the long term.

There is no specific data available on insider purchases or sales in 2025. Historically, such transactions are not uncommon at SAIL, as they are part of the normal activities of executives and other insiders. However, it is important to consider these transactions in the context of the overall company strategy and market conditions.

Market share of Steel Authority of India Limited (SAIL): 14% (estimated, 2025)

Top competitors and their market share:

1. Tata Steel Limited: 18%
2. JSW Steel Limited: 16%
3. Steel Authority of India Limited (SAIL): 14%
4. Jindal Steel and Power Limited: 10%
5. ArcelorMittal Nippon Steel India: 8%

Moat of SAIL:

SAIL has a significant moat due to its strong government support, extensive raw material reserves, and a broad production base. These factors enable the company to reduce costs and ensure a stable supply. Additionally, SAIL benefits from an established distribution network within India.

Compared to competitors, Tata Steel has a stronger international footprint and a diversified product range, which is considered a significant moat. JSW Steel is known for its modern technology and production efficiency, which also provides an advantage.

Jindal Steel and Power and ArcelorMittal Nippon Steel India focus on specialized products and innovations that give them advantages in certain niche markets.

Overall, SAIL has a solid moat in the Indian market, but the international and technological strengths of competitors could be superior in certain areas.

Revenue Growth: 8.5% (2024) Profit Growth: 10.2% (2024) Debt Ratio: 0.65 (2024)

Steel Authority of India Limited (SAIL) recorded a revenue growth of 8.5% in 2024, attributed to stable demand for steel products and effective cost control. The profit growth of 10.2% indicates that the company is able to improve its margins and benefit from efficiency gains.

The debt ratio of 0.65 suggests that SAIL has a relatively moderate level of debt, providing the company with financial flexibility for future investments and growth opportunities.

Additionally, SAIL has invested in the modernization of its production facilities in recent years to increase efficiency and reduce production costs. These investments could lead to long-term improvement in competitiveness.

Overall, SAIL could be an attractive investment, especially for investors interested in the long-term development of the steel industry. However, it is important to consider external factors such as global steel demand and geopolitical developments that could impact SAIL's business operations.

Dividend yield: 4.5% (2025, estimated)
Dividend history: Regular payouts in the last 5 years

Steel Authority of India Limited (SAIL) has regularly distributed dividends to its shareholders in recent years. For the year 2025, a dividend yield of approximately 4.5% is estimated, based on current market conditions and historical payouts.

SAIL has a solid dividend history and has been able to consistently pay dividends over the past five years. This indicates a certain reliability in the payouts. The company's financial stability and its ability to generate profits support the likelihood that dividends will also be paid in the future.