![]() Profit & Loss account of Steel Authority of India (in Rs. Steel Authority of India Financial Ratios, SAIL Liquidity ratio, Debt, Quick, Current Ratio Select Language Home News Markets Forum FII & DII Activity MoneySavers Live TV & Shows Tax. Unlocking opportunities in Metal and Mining “We see SAIL as the best play on higher steel prices as it is backward integrated with captive iron ore has a higher operating leverage due to high conversion cost, and has higher financial leverage," say analysts at MOFL.Mcmarketstockprice->Moneycontrol/MC_Market/MC_Market_StockPrice_728x90|~|Moneycontrol/MC_Market/MC_Market_StockPrice_300x250|~|Moneycontrol/MC_Market/MC_Market_StockPrice_728x90_2|~|Moneycontrol/MC_Market/MC_Market_StockPrice_728x90_1|~|Moneycontrol/MC_Market/MC_Market_StockPrice_300x250_2|~|Moneycontrol/MC_Market/MC_Market_StockPrice_300x250_1|~|Moneycontrol/MC_Market/MC_Market_StockPrice_300x250_BTF|~|Moneycontrol/MC_PriceChart/MC_PriceChart_300x250_ATF|~|Moneycontrol/MC_PriceChart/MC_PriceChart_728x90_ATF|~|Moneycontrol/MC_PriceChart/MC_PriceChart_728x90_BTF|~|Moneycontrol/MC_Market/MC_Market_StockPrice_300x250/MC_Market_StockPrice_Notices_300x250_ATF|~|Moneycontrol/MC_Market/MC_Market_StockPrice_QuartResult_728x90|~|Moneycontrol/MC_Market/MC_Market_StockPrice_CapitalStruc_728x90|~|Moneycontrol/MC_Market/MC_Market_StockPrice_PriceChart_728x90|~|Moneycontrol/MC_Market/MC_Market_StockPrice_History_300圆00_ATF|~|Moneycontrol/MC_PriceChart/MC_PriceChart_300x250_ATF_1|~|Moneycontrol/MC_PriceChart/MC_PriceChart_728x90_ATF_1|~|Moneycontrol/MC_PriceChart/MC_PriceChart_300x250_MTF-> Any sharp rise in coal prices, though unlikely as per analysts, however, can pull down the company’s operating profits.įor now, analysts maintain a positive view on the stock. This is not about keeping scores or showcasing your support when it is convenient. The improvement in product mix too can help improve per tonne realization and profitability. Unconditional love is giving the other person what they need wholeheartedly. The key to all this, however, remains the sustenance of higher steel prices. This should also help higher dividend pay-out for shareholders (5% yield expectations by analysts supported by strong FCF of about RS 19 a share). Notably per share debt reduction or ₹56 is more than 75% of the current market price of SAIL. They estimate net debt to decline by ₹23200 crore ( ₹56 a share) over FY20-23E to ₹30,500 crore. ![]() “With limited capex, higher pricing should drive significant deleveraging and boost equity value," say analysts at Motilal Oswal Financial Services Ltd (MOFL). For the nine months, the company reported sales was INR 753,170.6. The steelmaker's net debt had reduced to ₹46,600 crore in Q3 compared to ₹54,400 crore in Q1. SAIL Financial Summary Steel Authority of India Limited reported earnings results for the nine months ended December 31, 2022. The same should help SAIL reduce debt on its books. With the significant rise in performance, the company is also seeing increase in free cash flows (FCF). SAIL Live BSE, NSE Charts, historical charts, F&O Quote, Stock quote of SAIL, SAIL News, Videos, Stock Market Reports, capitalisation, financial report, volume, market performance, company results. In fact, the company had been allowed to sell some iron ore in the open market and this should drive its performance further. But SAIL, having captive iron-ore supplies, remains insulated from the rising prices. Price 24.74 away from 52 week high Financials Piotroski Score i indicates Industry Comparison Market Cap - High in industry Shareholding. Key raw material prices as that of iron-ore are on the rise. Get detailed analysis with Moneycontrol Stock Insights. SAIL shares closed at 84.15 on Febru(NSE) and has given 1.81 returns over the last 6 months and -14.31 over the last 12 months. ![]()
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