Steel Authority of India Limited — PPTs, 28-07-2025: Investor Presentation

**1. Financial Highlights:**

SAIL reported Q1 FY26 Turnover of Rs. 25,731 Cr, with Profit After Tax (PAT) at Rs. 685 Cr and EBITDA at Rs. 2,925 Cr, leading to an 11.20% EBITDA Margin. While these figures are lower sequentially compared to Q4 FY25, they represent a significant year-on-year improvement from Q1 FY25. The company maintains a healthy balance sheet with Debt-Equity at 0.64 and Net Worth of Rs. 56,862 Cr.

**2. Strategic Initiatives & Growth Drivers:**

Operational efficiency improved in Q1 FY26, indicated by a lower Coke Rate of 6.23 kg/thm and reduced Specific Energy Consumption of 415 GCal/tcs. Blast Furnace Productivity increased to 2.11 T/m3/Day. Crude Steel production reached 5.1 MT and Saleable Steel hit 4.7 MT, showcasing consistent output.

**3. Business Developments:**

The Q1 FY26 presentation primarily focuses on the company's financial and operational performance. It does not detail specific new business developments such as acquisitions, partnerships, or product rollouts during the period.

**4. Market Position & Competitive Advantage:**

India's steel demand is projected to grow strongly at 8.0% in 2024 and 8.5% in 2025, offering a favorable domestic market. SAIL benefits from its large-scale production and significant in-house Iron Ore mining (8.791 MT in Q1 FY26), which provides crucial raw material security. Domestic sales account for 95% of total sales.

**5. Investor Implications:**

SAIL's strong balance sheet, improving operational efficiencies, and the robust domestic steel demand outlook suggest positive growth potential. Despite the sequential softening in financials from Q4 FY25, the underlying operational strength and strategic raw material security bode well for future performance. Investors should monitor continued demand strength and sustained cost management.