)
Visual
test
Steel Authority of India
Steel Authority of India (SAIL) investor relations material
Steel Authority of India Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 25/26 earnings summary2 Feb, 2026
Executive summary
Crude steel production reached 14.35 million tons in the nine months ended December 2025, with saleable steel at 14.24 million tons and total sales volume up 16.3% year-over-year to 14.61 million tons.
Revenue for the nine months rose 9% year-over-year to INR 79,997 crore, with PAT up 60% to INR 1,554 crore, driven by operational efficiency, inventory liquidation, and cost optimization.
EBITDA for the nine months was INR 8,384 crore, with an EBITDA margin of 10.56%.
Debt reduced by INR 5,000 crore during the period, with borrowings at INR 34,983 crore and a debt-equity ratio of 0.62 as of December 2025.
EPS for the nine months stood at 3.76.
Financial highlights
Revenue for nine months reached INR 79,997 crore, up from INR 72,595 crore year-over-year.
PAT increased by 60% year-over-year to INR 1,554 crore, with an operating margin of 10.48% and net profit margin of 1.94%.
Interest cost reduced by INR 500 crore in nine months, with an additional INR 500 crore reduction expected in Q4.
Debt service coverage ratio at 3.03 and interest coverage ratio at 2.10.
Net worth as of December 2025 was INR 56,236 crore.
Outlook and guidance
Q4 expected to see an uptick in pricing and margins due to stable or rising coal prices and strong market support.
Sales volume guidance for FY 2026 is 19.5 million tons, with Q4 volumes expected to exceed Q3.
CapEx guidance for FY 2026-2027 is INR 15,000 crore, with major spending on ISP expansion.
India's steel demand expected to grow by 8.5% in 2025, the highest among major economies.
Management aims to further optimize product mix and cost structure, including setting up beneficiation plants.
IISCO expansion: expected EBITDA/tonne?
Semis reduction to 0%: timeline and impact?
FY26 interest cost reduction target?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- GL
Earnings and sales grew across all segments, with higher 2026 guidance and ongoing share buybacks. - RSI
Record financial results, all motions passed, and LEAP project remains a strategic priority. - COST
January sales climbed 9.3% to $21.33B, with digital sales up 34.4%. - FR
FFO per share rose 11.7% in 2025, with robust rental growth and a higher dividend. - ALCO
Land sales and leasing drove improved profitability and strong liquidity as citrus operations ended. - PAHC
Net sales and profit surged on acquisition, with raised outlook and strong liquidity. - PTC
Q1'26 saw double-digit growth, margin gains, and major share repurchases, with a strong FY'26 outlook. - MKL
Operating income rose to $3.2B, with broad-based growth and improved insurance profitability. - UHAL
Q3 net loss of $37M on higher costs and depreciation, but self-storage revenue increased. - SITM
Acquisition accelerates growth to $1B revenue, expanding leadership in precision timing.
Next Steel Authority of India earnings date
Q4 25/2626 May, 2026
Steel Authority of India
Next Steel Authority of India earnings date
Q4 25/2626 May, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Steel Authority of India Limited is a state-owned integrated steel producer engaged in the manufacture and sale of steel products. Its offerings include flat and long steel products used in construction, engineering, automotive, and infrastructure sectors. The company is headquartered in New Delhi, India, and its shares are listed on the NSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage