Steel Authority of India Ltd P/E Ratio

The P/E Ratio of Steel Authority of India Ltd is 15.9 as of 26 Jul 9.00 AM .a1#The P/E Ratio of Steel Authority of India Ltd changed from 9.4 on March 2019 to 15.8 on March 2023 . This represents a CAGR of 10.94% over 5 years. a1#The Latest Trading Price of Steel Authority of India Ltd is ₹ 142.2 as of 25 Jul 15:30 .a1#The PE Ratio of Steel Industry has changed from 10.4 to 20.2 in 5 years. This represents a CAGR of 14.20%a1# The PE Ratio of Automobile industry is 18.9. The PE Ratio of Finance industry is 23.0. The PE Ratio of IT - Software industry is 29.1. The PE Ratio of Retail industry is 143.1. The PE Ratio of Steel industry is 25.5. The PE Ratio of Textiles industry is 24.3. In 2024a1#The Market Cap of Steel Authority of India Ltd changed from ₹ 22180 crore on March 2019 to ₹ 34275 crore on March 2023 . This represents a CAGR of 9.09% over 5 years. a1#The Revenue of Steel Authority of India Ltd changed from ₹ 24342 crore to ₹ 28417 crore over 8 quarters. This represents a CAGR of 8.05% a1#The EBITDA of Steel Authority of India Ltd changed from ₹ 2615 crore to ₹ 3439 crore over 8 quarters. This represents a CAGR of 14.67% a1#The Net Pr of Steel Authority of India Ltd changed from ₹ 804.5 crore to ₹ 1125 crore over 8 quarters. This represents a CAGR of 18.29% a1#The Dividend Payout of Steel Authority of India Ltd changed from 9.48 % on March 2019 to 32.56 % on March 2023 . This represents a CAGR of 27.99% over 5 years. a1#

The company's wide range of long and flat steel products are much in demand in the domestic as well as the international market. However, SAIL, by virtue of their 'Maharatna' status, enjoys significant operational and financial autonomy. The Ministry of Steel and Mines drafted a policy statement to evolve a new model for managing industry. The number of technological improvement schemes was undertaken during the year 1985, the most notable thing was the conversion of open-hearth furnace No.10 into twin hearth furnace. In the year 1988, Visvesvaraya Irons & Steel Co Ltd became a subsidiary of the company by acquisition of 60% of the shares. 40,000 crore to expand capacity of hot metal to over 25 million tonnes from current level of 14.6 million tonnes. The work on the newly incorporated joint venture company between SAIL and RITES has already commenced. With this, SAIL has begun the commercial production of world's longest single rail of 130 meters from the new Universal Rail Mill (URM). where SAIL was one of the largest supplier of steel, were dedicated to the Nation in the Financial Year 2018-19. In addition to this, modalities have been finalized for exit of SAIL from Abhinav SAIL JVC Limited which was created to install a SPU at Hoshangabad in MP. These have been agreed by Insolvency Resolution Professional (IRP) appointed by National Company Law Tribunal (NCLT) for Abhinav Steel and Power (JV partner of SAIL). Exit of SAIL from this JV will be completed after approval of Committee of Creditors of Abhinav Steel and Power is obtained. During FY 2019-20, 70 R&D projects and 50 projects were completed with substantial benefits to the organization. During the FY 2020-21, about 64% of the total requirement of 1230 MW was met from the captive Power Plants.