Steel Authority Of India Limited · NSE:SAIL
Steel Authority Of India — Q4 FY2026 Earnings Presentation
30 slides from Steel Authority Of India's earnings presentation, May 15, 2026
Slide 1: Results Presentation for Q4 and FY'26
STEEL AUTHORITY OF INDIA LIMITED RESULTS PRESENTATION FOR Q4 and FY’26
Slide 2: Snapshot FY'26
SNAPSHOT FY’26 Mining Iron Ore: 38.070 MT Limestone: 0.728 MT Dolomite: 0.551 MT Production Hot Metal: 20.483 MT Crude Steel: 19.434 MT Saleable Steel: 19.177 MT Sales & Marketing Domestic Sales: 19.667 MT Exports: 0.266 MT Total Sales: 19.932 MT Financials Turnover: Rs. 109966 crore Revenue From Op
Slide 3: Global Economic & Steel Scenario
STEEL AUTHORITY OF INDIA LIMITED Global Economic & Steel Scenario
Slide 4: World Economic Scenario
WORLD ECONOMIC SCENARIO Growth Rates ( in %) World Advanced Economies Emerging & Developing Economies 6.6 6.0 5.2 4.4 4.3 4.4 4.2 4.1 3.9 3.5 3.3 3.3 3.3 3.1 3.2 2.6 1.7 1.8 1.7 1.8 1.7 Fighting Inflation, Slowdown in Projections remain lower than -2.0 Advanced Economies and 2025 performance though
Slide 5: World Steel Scenario
WORLD STEEL SCENARIO Crude Steel Production (MT) World China RoW 1963 1904 1883 1889 1887 1850 1065 1035 1018 1029 1005 961 927 871 875 882 889 819 470 459 259 247 212 210 2020 2021 2022 2023 2024 2025 Jan-Mar 2025 Jan-Mar 2026 Steel Production as been coming down every year barring 2023 where margi
Slide 6: International Price Trends
INTERNATIONAL PRICE TRENDS 260 Coal FOB Australia (USD/t) 125 Iron Ore CFR China (USD/t) 240 120 220 115 200 110 105 180 100 160 95 140 90 120 HCC PCI Lumps Fines Australia Origin Fines Brazil Origin 85 100 80 560 Hot Rolled (USD/t) 640 Cold Rolled (USD/t) 540 620 520 600 500 580 480 560 460 540 440
Slide 7: Domestic Economic & Steel Scenario
STEEL AUTHORITY OF INDIA LIMITED Domestic Economic & Steel Scenario
Slide 8: Indian Economic Scenario
INDIAN ECONOMIC SCENARIO GDP Growth % at Constant (2011-12) Prices SOURCE: MOSPI, GOI 9.7 9.2 7.6 7.4 Quarterly GDP 6.5 8.2 7.4 7.8 6.5 6.4 5.6 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 (SAE*) (FAE^) *SAE: Second Advance Estimates ^FAE: First Advance Estimates Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q
Slide 9: Indian Economic Scenario
INDIAN ECONOMIC SCENARIO 250.0 IIP Growth % at Constant (2011-12) Prices 200.0 150.0 100.0 Primary Goods Capital Goods 50.0 Intermediate Goods Infrastructure Goods Consumer Durables Consumer Non-Durables 0.0 Aug'20 Aug'21 Aug'22 Aug'23 Aug'24 Aug'25 Apr'20 Feb'21 Apr'21 Feb'22 Apr'22 Feb'23 Apr'23 F
Slide 10: Indian Steel Scenario
INDIAN STEEL SCENARIO Crude Steel Production (mtpa) 169.2 152.2 144.3 127.2 120.0 109.1 103.5 40.3 41.8 45.4 FY'20 FY'21 FY'22 FY'23 FY'24 FY'25 FY'26 Q4 FY'25 Q3 FY'26 Q4 FY'26 Finished Steel Consumption (mtpa) 164.2 152.1 136.3 119.9 100.2 105.8 94.9 40.4 40.4 44.9 FY'20 FY'21 FY'22 FY'23 FY'24 FY
Slide 11: Domestic Price Trend
DOMESTIC PRICE TREND 12 50 All figures in Rs. thousand/tonne Fines/Lumps/Pellets Semis/Ingot Thousands Thousands 48 10 46 8 44 42 6 40 38 4 36 Lumps 63% Fe, Odisha Index Fines 63% Fe, Odisha Index 34 2 Billets Ex-Raipur Ingot DAP-Mandi Pellets 63% Fe, Exw-Raipur 32 0 30 70 Flats 65 Longs Thousands T
Slide 12: Operational Performance
STEEL AUTHORITY OF INDIA LIMITED Operational Performance
Slide 13: Production Performance
PRODUCTION PERFORMANCE All figures In Million Tonne 19.2 19.2 19.4 18.3 17.4 16.2 15.2 CRUDE STEEL PRODUCTION 5.1 4.8 5.1 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 FY 26 Q4 FY25 Q3 FY26 Q4 FY26 Annual Quarterly 19.2 18.4 17.9 16.9 17.2 SALEABLE 15.1 14.6 STEEL PRODUCTION 4.7 4.9 4.7 FY 20 FY 21 FY 22 FY 2
Slide 14: Production Performance: FY'26
PRODUCTION PERFORMANCE : FY’26 SAIL 13.4% PRODUCT MIX : 50.9% 5 ISPs 35.7% 23.1% 66.1% 10.8% BSP 54.7% 45.3% DSP Flats RSP 100.0% Longs Semis 91.5% 8.5% BSL 76.8% 23.2% ISP
Slide 15: Production Performance: FY'25
PRODUCTION PERFORMANCE : FY’25 1.5% 0.7% Ingot Route CC Route CRUDE STEEL BOF PRODUCTION EAF BY PROCESS 99.3% 98.5% SALEABLE STEEL 44.2% Value Added PRODUCTION BY PROCESS 55.8% Commodity
Slide 16: Techno-Economic Parameters
TECHNO-ECONOMIC PARAMETERS Coke Rate: kg/thm CDI Rate: kg/thm 457 448 445 444 113 113 440 97 106 85 76 78 421 419 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 FY 26 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 FY 26 Specific Energy Consumption: GCal/tcs BF Productivity: T/m3/Day 6.47 6.48 6.36 6.35 6.30 6.26 2.09 6.1
Slide 17: Sales Performance
SALES PERFORMANCE Annual All figures In Million Tonne 19.9 17.0 17.9 Quarterly 16.2 16.2 14.2 14.9 5.3 5.1 5.3 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 FY 26 Q4 FY25 Q3 FY26 Q4 FY26 Sectoral Breakup 5 ISPs Sales - Product Mix Galvanized Semis Structurals Products 7.1% 8.4% Plant Sales 1.3% 2.6% CR Coils/
Slide 18: Financial Performance
STEEL AUTHORITY OF INDIA LIMITED Financial Performance
Slide 19: Financial Performance
FINANCIAL PERFORMANCE Rs. Crore FY’25 FY’26 Q4 FY 25 Q3 FY 26 Q4 FY 26 (INDAS Compliant figures) Sales Turnover 101716 109966 29121 27170 30541 Total Income 103613 111961 29617 27703 31169 EBITDA 11764 13146 3781 2630 4762 Depreciation 5650 5985 1523 1515 1576 Finance Cost 2793 2158 664 547 532 PBT
Slide 20: Financial Performance: Profitability Trend
FINANCIAL PERFORMANCE Profitability Trend 22364 (Rs. crore) EBITDA PBT PAT 16039 13740 13146 12015 12280 11764 11184 9379 6879 3850 4334 3171 3688 3233 2637 1903 2733 3009 2022 2148 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 FY 26 EBITDA Margin (%) EBITDA/ton (Rs.) 21.8 13846 20.1 18.4 9199 11.7 11.6 7869
Slide 21: Financial Performance: EBITDA Movement
FINANCIAL PERFORMANCE Profitability Trend (Rs. crore) 13146 EBITDA PBT PAT 11764 4334 3009 3233 2148 FY 25 FY 26 EBITDA Movement 4245 (Rs. crore) 200 1694 331 47 1746 13146 11764 EBITDA FY 25 Volume Raw Material Input Price/Cost Sales Price/NSR Rail Price Others EBITDA FY 26 Usage Adjustment
Slide 22: Financial Performance: Quarterly Performance
FINANCIAL PERFORMANCE Quarterly Performance EBITDA (Rs. crore) 4762 PBT 3781 PAT 2630 2324 1564 1680 1178 568 442 Q4 FY 25 Q3 FY 26 Q4 FY 26 EBITDA Quarterly Movement (Rs. crore) 2213 993 320 294 286 71 46 429 20 56 272 4762 4762 3781 2630 EBITDA Volume Raw Input Sales Others EBITDA Q3 FY 26 Materia
Slide 23: Financial Performance: Borrowings and Net Worth
FINANCIAL PERFORMANCE Borrowings (Non Ind AS) Net Worth 58195 29811 28741 56224 55973 56236 55656 26427 24852 21663 Mar'25 Jun'25 Sept'25 Dec'25 Mar'26 Mar'25 Jun'25 Sept'25 Dec'25 Mar'26 Quarterly Interest Debt-equity (times) 679 0.54 (Non Ind AS) 664 0.51 0.47 595 0.44 547 532 484 0.37 Dec'24 Mar'
Slide 24: Sustainable Operations
STEEL AUTHORITY OF INDIA LIMITED Sustainable Operations
Slide 25: Sustenance Parameters
SUSTENANCE PARAMETERS PM Emission Load: kg/tcs Specific CO2 Emission: T/tcs 0.59 0.58 2.62 0.57 0.57 0.56 2.55 2.53 2.51 2.50 FY 22 FY 23 FY 24 FY 25 FY26 FY 22 FY 23 FY 24 FY 25 FY26 Solid Waste Utilisation (%) Specific Water Consumption: m3/tcs 120 107 3.12 102 103 95 3.06 3.02 3.00 2.85 FY 22 FY
Slide 26: Touching Lives
TOUCHING LIVES…. Key Activites Basic and specialised healthcare to more than a million lives annually. 7% 3% 3% 26% Drinking Water facility to more than 50 lakh people. 9% More than 80 lakh people connected to mainstream by Total CSR construction of roads spends since 11% Quality education to almost
Slide 27: Human Resource
STEEL AUTHORITY OF INDIA LIMITED Human Resource
Slide 28: Manpower
MANPOWER LABOUR PRODUCTIVITY (tcs/man/year) QUARTERLY ANNUAL 630 615 579 670 654 521 608 461 400 396 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Q4 FY 25 Q3 FY 26 Q4 FY 26 MANPOWER Particulars 01.04.2025 01.01.2026 01.04.2026 Manpower on date 53159 50612 49752 Reduction during the quarter 860 Reduction durin
Slide 29: Abbreviations used
Abbreviations used • BF Blast Furnace • FOB Freight On Board • SMS Steel Melting Shop • JPC Joint Plant Committee • BOF Basic Oxygen Furnace • Kg/thm Kilo Gram Per Tonne of • THF Twin Hearth Furnace Hot Metal • EAF Electric Arc Furnace • Tpd Tonnes Per Day • BSP Bhilai Steel Plant • MT Million Tonne
Slide 30: Disclaimer
Disclaimer Statements / Data which do not relate to SAIL and are used / made in this presentation are from sources which are considered reliable and Company cannot be held for its authenticity. Further, statements describing the Company’s projections, estimates, expectations are “forward looking sta
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