During today's trading session, Steel Authority of India shares experienced a rise of 2.37%, with the price reaching Rs 118.75. This movement is noteworthy as the stock is a component of the NIFTY MIDCAP 150 index.
Financial Performance
Steel Authority of India's financial performance can be gauged from the following highlights:
Quarterly Results:
- December 2023: Revenue was Rs 23,348.64 Cr, with a net profit of Rs 288.24 Cr and an EPS of Rs 1.02.
- March 2024: Revenue increased to Rs 27,958.52 Cr, and net profit rose to Rs 980.22 Cr with an EPS of Rs 2.73.
- June 2024: Revenue was Rs 23,997.81 Cr, but the company faced a net loss of Rs -24.87 Cr, resulting in an EPS of Rs 0.20.
- September 2024: The company recovered with revenue at Rs 24,675.20 Cr and a net profit of Rs 741.92 Cr, leading to an EPS of Rs 2.17.
- December 2024: Revenue remained steady at Rs 24,489.91 Cr, while net profit was Rs 10.49 Cr, and EPS stood at Rs 0.34.
- 2020: Revenue was Rs 61,664.16 Cr, with a net profit of Rs 1,926.39 Cr and an EPS of Rs 5.13.
- 2021: Revenue increased to Rs 69,113.61 Cr, net profit rose to Rs 3,680.39 Cr, and EPS was Rs 10.04.
- 2022: Revenue significantly increased to Rs 103,476.84 Cr, and net profit surged to Rs 11,825.35 Cr, with an EPS of Rs 29.64.
- 2023: Revenue marginally increased to Rs 104,447.72 Cr, but net profit decreased to Rs 1,530.86 Cr, resulting in an EPS of Rs 5.27.
- 2024: Revenue reached Rs 105,378.33 Cr, and net profit improved to Rs 2,628.06 Cr, with an EPS of Rs 7.42.
- Mar 2024: Cash flow from operating activities was Rs 2,910 Cr, from investing activities was Rs -4,260 Cr, and from financing activities was Rs 1,361 Cr, resulting in a net cash flow of Rs 12 Cr.
- Mar 2024: The company's share capital was Rs 4,130 Cr, with reserves and surplus at Rs 52,970 Cr. Total liabilities amounted to Rs 140,708 Cr, and total assets were also Rs 140,708 Cr.
- Basic EPS: Rs 7.42
- Book Value per Share: Rs 138.24
- Dividend per Share: Rs 2.00
- Debt to Equity Ratio: 0.54
The company's performance in key financial metrics illustrates its position in the market.
Sentiment Analysis
According to Moneycontrol analysis as of May 8, 2025, the sentiment for Steel Authority of India is very bearish. With the stock's price showing a 2.37% rise to Rs 118.75 during today's session, Steel Authority of India remains a component of the NIFTY MIDCAP 150 index.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
