Steel Authority of India Ltd (SAIL) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Steel Authority of India Ltd on NSE and BSE, with an AI summary of each filing.
Transcript of Conference Call held on 28th October, 2026.
Transcript · 31 Oct 2026, 10:37 pm
Brief profile of Government Nominee Directors
Others (Uncategorized) · 28 Oct 2026, 11:09 pm
Ministry of Steel Appoints Government Nominee Directors on SAIL Board The Ministry of Steel appointed Ms. Sarita Chauhan and Shri Vinod Kumar Tripathi as Government Nominee Directors on the Board of Steel Authority of India Limited (SAIL), effective 12th Oct'26. Ms. Chauhan, an IAS officer (1999 batch) serving as Additional Secretary & Financial Advisor in the Ministry of Steel, brings over 27 years of administrative and financial governance experience. Shri Tripathi, from the IRSE (1995 batch) and Joint Secretary in the Ministry of Steel, holds extensive expertise in public enterprise management, engineering, and project execution.
Link to Audio Recording of conference call held with Analysts & Investors on 28th October, 2026
Audio / Video · 28 Oct 2026, 11:06 pm
SAIL Releases Audio Recording of Q2 FY27 Analyst and Investor Conference Call Steel Authority of India Limited (SAIL) has made available the audio recording of its earnings conference call held on 28th Oct'26. During the interaction, company management discussed financial and operational performance for the quarter ended 30th Sep'26 with analysts and investors. The complete recording has been uploaded to the company's official website under its investor relations section pursuant to Regulation 46 of SEBI (LODR) Regulations, 2015.
Investor Presentation
Investor Presentation · 28 Oct 2026, 2:17 am
SAIL Reports Strong H1 FY'27 Operational and Financial Performance SAIL delivered solid H1 FY'27 results, with revenue from operations reaching Rs. 58,243 crore and sales turnover at Rs. 57,776 crore. EBITDA grew sharply to Rs. 8,917 crore with a 15.43% margin, driven by higher net sales realization, while PAT surged to Rs. 3,410 crore (EPS of Rs. 8.25). Crude steel production stood at 9.605 MT alongside total sales of 9.326 MT. Deleveraging continued successfully, reducing non-IndAS borrowings to Rs. 20,583 crore by Sep'26, bringing the debt-to-equity ratio down to 0.34x.
Steel Authority of India Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Outcome · 28 Oct 2026, 2:09 am
Unaudited Financial Results for the Quarter/Half Year ended 30th September, 2026.
Outcome · 28 Oct 2026, 2:03 am
Steel Authority of India Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Crore) ■ Revenue: 31,998 (+19.8% YoY | +21.9% QoQ) ■ EBITDA: 4,216 (+66.8% YoY | +1.5% QoQ) ■ EBITDA Margin (%): 13.2 (+371 bps YoY | -264 bps QoQ) ■ PAT: 1,750 (+318.1% YoY | +6.5% QoQ) ■ EPS (INR): 4.24 (+319.8% YoY | +6.5% QoQ) Steel Authority of India Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Crore) Segmental Performance Bhilai Steel Plant ■ Revenue: 9,125 (+18.1% YoY | +21.9% QoQ) ■ EBIT: 964 (+90.3% YoY | +14.9% QoQ) ■ EBIT Margin (%): 10.6 (+401 bps YoY | -64 bps QoQ) Durgapur Steel Plant ■ Revenue: 3,283 (+18.5% YoY | +20.2% QoQ) ■ EBIT: 119 (+33.2% YoY | -29.7% QoQ) ■ EBIT Margin (%): 3.6 (+40 bps YoY | -257 bps QoQ) Rourkela Steel Plant ■ Revenue: 7,935 (+26.9% YoY | +9.2% QoQ) ■ EBIT: 730 (+62.8% YoY | -14.9% QoQ) ■ EBIT Margin (%): 9.2 (+203 bps YoY | -261 bps QoQ) Bokaro Steel Plant ■ Revenue: 8,355 (+35.9% YoY | +16.0% QoQ) ■ EBIT: 849 (+397.8% YoY | +0.5% QoQ) ■ EBIT Margin (%): 10.2 (+739 bps YoY | -156 bps QoQ) IISCO Steel Plant ■ Revenue: 4,276 (+32.9% YoY | +54.3% QoQ) ■ EBIT: 367 (+133.8% YoY | +35.6% QoQ) ■ EBIT Margin (%): 8.6 (+370 bps YoY | -118 bps QoQ) Alloy Steels Plant ■ Revenue: 411 (+18.8% YoY | +15.1% QoQ) ■ EBIT: 12.2 (+354.6% YoY | +31.4% QoQ) ■ EBIT Margin (%): 3.0 (+220 bps YoY | +37 bps QoQ) Salem Steel Plant ■ Revenue: 557 (+6.5% YoY | +28.3% QoQ) ■ EBIT: -75.0 (+3.4% YoY | -13.6% QoQ) ■ EBIT Margin (%): -13.5 (+139 bps YoY | +175 bps QoQ) Visvesvaraya Iron & Steel Plant ■ Revenue: 124 (+131.9% YoY | +63.5% QoQ) ■ EBIT: 9.0 (Loss to Profit YoY | Loss to Profit QoQ) ■ EBIT Margin (%): 7.3 (Loss to Profit YoY | Loss to Profit QoQ) Others ■ Revenue: 786 (-56.4% YoY | +1.1% QoQ) ■ EBIT: -53.9 (Profit to Loss YoY | +44.8% QoQ) ■ EBIT Margin (%): -6.9 (Profit to Loss YoY | +570 bps QoQ)
Intimation of Schedule of Analyst and Institution Investor Meet
Intimation · 28 Oct 2026, 10:30 am
SAIL Schedules Analyst and Institutional Investor Meet for Q2 Earnings Steel Authority of India Limited (SAIL) has scheduled an Analyst and Institutional Investor Group Meet via conference call on 28th Oct'26 at 10:30 AM. The call aims to discuss the company's financial results for the quarter ended 30th Sep'26. Comprehensive details and dial-in invitations for the conference call have been updated on the company's official website under the Investor Relations section.
STEEL AUTHORITY OF INDIA LIMITED has informed the Exchange about Board Meeting to be held on 27-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 .
Intimation · 27 Oct 2026, 5:30 am
Steel Authority Of India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/10/2026 ,inter alia, to consider and approve Unaudited Financial ....
Intimation · 27 Oct 2026, 5:30 am
SAIL Board Meeting Scheduled on 27th Oct'26 to Consider Q2 Results Steel Authority of India Limited (SAIL) has scheduled a Board of Directors meeting on 27th Oct'26 in New Delhi to consider, approve, and take on record the unaudited standalone and consolidated financial results for the quarter and half-year ended 30th Sep'26. Pursuant to SEBI insider trading regulations, the trading window for all designated persons has been closed from 1st Oct'26 and will reopen 48 hours after the declaration of the financial results.
To consider and approve the financial results for the period ended September 30, 2026
Intimation · 27 Oct 2026, 5:30 am
Change in composition of SAIL Board
Change in Management · 14 Oct 2026, 12:28 am
SAIL Announces Cessation of Abhijit Narendra as Government Nominee Director Steel Authority of India Limited (SAIL) announced a change in its board composition following an order from the Ministry of Steel, Government of India, dated 12th Oct'26. Pursuant to the directive, Shri Abhijit Narendra, Joint Secretary at the Ministry of Steel, has ceased to hold the charge of Government Nominee Director on the company's board, as disclosed in a regulatory filing on 13th Oct'26.
Change in Composition of SAIL Board
Change in Management · 13 Oct 2026, 10:42 pm
SAIL Appoints New Government Nominee Directors to its Board The Ministry of Steel, via an order dated 12th Oct'26, has appointed Ms. Sarita Chauhan (Additional Secretary and Financial Advisor) and Shri Vinod Kumar Tripathi (Joint Secretary) as Government Nominee Directors on the Board of Steel Authority of India Limited (SAIL). The appointments are effective immediately until further orders. SAIL confirmed that neither appointee is debarred from holding the office of director by SEBI or any other regulatory authority.
Revision/Reaffirmation of credit rating by CareEdge
Others (Uncategorized) · 07 Oct 2026, 10:13 pm
CareEdge Revises SAIL’s Long-Term Rating Outlook to Positive; Reaffirms CARE AA CareEdge reaffirmed SAIL’s long-term bank facility rating at 'CARE AA' while revising its outlook from 'Stable' to 'Positive', and reaffirmed 'CARE A1+' for short-term facilities and commercial paper. The outlook revision reflects sustained operating scale and profitability gains, with PBILDT/tonne improving to ₹9,974 in Q1FY27 from ₹6,998 in Q1FY26. Strong cash flows reduced FY26 total debt to ₹35,788 crore, lowering gearing to 0.63x. SAIL’s 65% GoI ownership, captive iron-ore security, and phased ₹1-1.20 lakh crore capex to reach ~35 MTPA capacity by FY32 support the rating profile.
Appointment of Company Secretary
Change in Management · 01 Oct 2026, 8:57 pm
SAIL Appoints Mohit Malpani as Company Secretary and Compliance Officer Steel Authority of India Ltd. (SAIL) appointed Mohit Malpani as Executive Director (Finance & Accounts), Company Secretary, and Compliance Officer, effective 1st Oct'26. He succeeds M.B. Balakrishnan, who superannuated on 30th Sep'26. Malpani, who joined SAIL in Aug'91, brings extensive finance leadership across multiple plants and units. His key achievements include the financial appraisal of IISCO's 4.0 MTPA expansion, the Raw Material Division demerger, Coal India pricing frameworks, dispute resolutions, and the turnaround of the SAIL-RITES joint venture.
Voting result and scrutinizers report of 54th AGM of SAIL held on 24.09.2026
Annual General Meeting · 25 Sept 2026, 10:16 pm
SAIL and BCCL sign MoU Agreement to Boost Domestic Coal Production.
Others (Uncategorized) · 25 Sept 2026, 10:04 pm
SAIL and BCCL Partner for Joint Coking Coal Block Development Steel Authority of India Limited (SAIL) entered into a Memorandum of Understanding with Bharat Coking Coal Limited (BCCL) on 25th Sep'26 for the joint development and operation of coal blocks in West Bengal. The partnership covers SAIL’s Indikatta Ramnagore Coal Block and BCCL’s East of Damagoria (Kalyaneshwari) Coal Block. This strategic collaboration aims to boost domestic coking coal production, enhance raw material security, and reduce reliance on imported coking coal.
Proceedings of 54th Annual General Meeting of SAIL held on 24th September, 2026.
Annual General Meeting · 24 Sept 2026, 10:15 pm
Investor Presentation
Intimation · 19 Sept 2026, 10:35 pm
SAIL Q1 FY'27 Performance: Strong EBITDA Surge and Deleveraging Drive Growth SAIL posted a robust Q1 FY'27 performance, with revenue from operations at Rs 26,246 crore and sales turnover reaching Rs 26,010 crore. EBITDA surged 48.9% YoY to Rs 4,356 crore, lifting EBITDA margins to 16.7% and EBITDA/tonne to Rs 10,464. PAT jumped 138.8% YoY to Rs 1,636 crore. Crude steel output reached 4.757 MT alongside total sales of 4.163 MT. Non-Ind AS debt-to-equity improved significantly to 0.36x as of Jun'26, while total net worth expanded to Rs 59,720 crore.
Intimation of non deal roadshows
Intimation · 17 Sept 2026, 10:03 pm
SAIL Management to Participate in Non-Deal Roadshows in Mumbai Steel Authority of India Limited (SAIL) announced, pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, that its management will participate in non-deal roadshows with prospective investors in Mumbai on 23rd Sep'26 and 24th Sep'26.
Credit Rating
Others (Uncategorized) · 04 Sept 2026, 2:46 am
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Life Insurance Corporation of India
Acquisition/ Disposal of Shares · 02 Sept 2026, 8:37 pm
LIC Reduces Stake in Steel Authority of India by 2.001% Life Insurance Corporation of India reduced its stake in Steel Authority of India Ltd by 2.001% via open market sales between 28th Apr'26 and 1st Sep'26. The institutional investor offloaded 82,632,513 shares, decreasing its total equity holding from 6.625% (273,665,481 shares) to 4.625% (191,032,968 shares). By crossing below the 5% ownership threshold, this regulatory disclosure highlights notable portfolio rebalancing by LIC in the target equity.
BRSR Report for FY 2025-26
Others (Uncategorized) · 01 Sept 2026, 10:22 pm
SAIL FY26 BRSR Highlights: Stable Turnover, Capex, and Key Sustainability Targets For FY26, Steel Authority of India Limited (SAIL) reported a total turnover of ₹1,09,966 Cr and a net worth of ₹58,195 Cr. Manufacturing of Iron and Steel constitutes 100% of its business. The company's total headcount stood at 49,752 permanent employees, with a turnover rate of 7.3%. Key sustainability targets for 2026 include reducing specific water consumption to 2.85 m³/tcs and particulate matter emissions to 0.56 kg/tcs. Capital expenditure for environmental and social improvements was ₹313.98 Cr, representing 3.42% of total capex.
Notice of 54th Annual General Meeting to be held through Video Conferencing (VC)/ Other Audio Visual Means (OAVM) along with the Annual Report of the Company for the Financial Year (FY) 2025-26.
Others (Uncategorized) · 01 Sept 2026, 10:19 pm
Change in the composition of SAIL Board
Change in Management · 27 Aug 2026, 11:27 pm
SAIL Announces Departure of Government Nominee Director Steel Authority of India Ltd (SAIL) announced a change in its board composition. Shri Ashish Chatterjee, Additional Secretary and Financial Advisor for the Ministry of Steel, has ceased to hold the charge of Government Nominee Director. The change is effective from 24th Aug'26, as per a Ministry of Steel order dated 27th Aug'26. This move alters the government's representation on the company's board of directors.
Intimation of Date of Annual General Meeting of the Company
Annual General Meeting · 21 Aug 2026, 6:24 pm