Steel Authority of India Limited (SAIL) is a cornerstone of India’s steel industry and one of the country’s largest steel producers.
As a Maharatna company, SAIL has played a pivotal role in driving infrastructure development across diverse sectors, including construction, railways, and energy.
Investors and market enthusiasts closely track the SAIL Share price parget, as the company’s growth trajectory and expansion plans make it a critical player in shaping India’s industrial future.
With a robust portfolio of integrated and special steel plants, SAIL has consistently delivered high-quality steel products to meet the needs of a wide range of industries.
Its innovative approach, evident in the introduction of value-added products and the modernization of production facilities, underscores its commitment to maintaining a competitive edge in the market.
As SAIL continues to enhance its capacity and expand its market reach, the company’s financial performance and operational efficiency remain central to its success.
From supplying steel for iconic projects to implementing ambitious expansion plans, SAIL is poised to strengthen its position as a leader in the global steel industry.
Contents
- 1 SAIL Share Price Target 2024, 2025, 2030, 2040, 2050
- 1.1 About Steel Authority of India Limited (SAIL Ltd):
- 1.2 Steel Authority of India Ltd. (SAIL Ltd.) – Fundamental Analysis:
- 1.3 SAIL Share Price Target for 2024:
- 1.4 SAIL Share Price Target for 2025:
- 1.5 SAIL Share Price Target 2026:
- 1.6 SAIL Share Price Target 2027:
- 1.7 SAIL Share Price Target 2028:
- 1.8 SAIL Share Price Target 2029:
- 1.9 SAIL Share Price Target for 2030:
- 1.10 Steel Authority of India Limited Share Price Target 2035:
- 1.11 SAIL Share Price Target for 2040:
- 1.12 SAIL Share Price Target 2045:
- 1.13 SAIL Share Price Target for 2050:
- 1.14 SAIL Share Price Target 2024, 2025, 2030, 2040, 2050:
- 1.15 Steel Authority of India Ltd Share Price Target 2055:
- 1.16 SAIL Ltd Share Price Target 2060:
- 1.17 SAIL Limited Share Price Target 2065:
- 1.18 SAIL Limited Share Price Target 2070:
- 1.19 Steel Authority of India Share Price Target 2075:
- 1.20 Steel Authority of India Share Price Target 2080:
- 1.21 Steel Authority of India Limited Share Price Target 2085 to 2100:
- 1.22 SAIL Ltd Future Outlook (2025-2040-2050-2100):
- 1.23 SAIL Ltd – Quarterly Performance:
- 1.24 SAIL Ltd. – Technical Analysis:
- 1.25 Should You Buy SAIL Stock?
- 1.26 Market Insights from Experts About SAIL Share Price:
- 1.27 Is SAIL a Good Buy?
- 1.28 Conclusion:
- 1.29 Frequently Asked Questions (FAQs)
- 1.30 Author
SAIL, or Steel Authority of India Limited, is a major player in the steel industry owned by the Indian government, headquartered in New Delhi.
Since its founding in 1973, SAIL has grown with five main steel plants across India (Bhilai, Rourkela, Durgapur, Bokaro, and Burnpur) and three special steel plants in Salem, Durgapur, and Bhadravathi.
With a workforce of over 65,807 employees, SAIL is involved in everything from iron and steel production to mining, consulting, and even logistics.
These projections offer a guide for investors looking to tap into SAIL’s long-term potential.
About Steel Authority of India Limited (SAIL Ltd):
Steel Authority of India Limited (SAIL) is one of India’s largest steel-making companies and holds the prestigious Maharatna status among the Central Public Sector Enterprises.
With a 65% majority stake held by the Government of India (as of Sep 2024), SAIL plays a pivotal role in the nation’s infrastructure development and industrial growth.
Its production facilities, including five integrated plants and three special steel plants, are strategically located in India’s eastern and central regions, close to key raw material sources.
Let’s take a closer look at the SAIL Ltd. overview:
What Are the SAIL’s Product Offerings and Innovations?
SAIL is a fully integrated iron and steel producer offering a diverse range of products for industries like construction, engineering, power, railways, automotive, and defense. Its product portfolio includes flat, long, and semi-finished steel products.
Key offerings include:
- SAIL SeQR TMT bars for high-strength construction needs.
- SAIL NEX structurals, designed for durability.
- New additions like TMT Fe-550D (from the Bhilai plant) and ASTM 517 grade-F steel plate for hydropower projects, launched in FY24.
SAIL’s Steel Supply for Railways:
SAIL has been the primary supplier of steel tracks to Indian Railways for decades. In FY24 alone, the company supplied 11.50 lakh tonnes of rails, demonstrating its significant role in strengthening the nation’s railway infrastructure.
SAIL’s Operational Performance:
Here is the quick look of operational performance of SAIL:
- Crude Steel Production: 19.2 MT in FY24 (up from 17.4 MT in FY22).
- Saleable Steel Production: 18.4 MT in FY24 (up from 16.9 MT in FY22).
- Sales Volume: 17 MT in FY24 (up from 16.2 MT in FY22).
SAIL’s Value-Added Products:
SAIL introduced 25 new value-added products in FY24, including specialty semis like 19MnB4 and SAILFORMING 410. The contribution of value-added products to revenue increased from 51% in FY22 to 53% in FY24.
SAIL’s Revenue Trends and Challenges:
Between FY22 and FY24, sales volumes grew by 5%, but revenue increased by only 2%, primarily due to a reduction in sales realizations:
- FY22: ₹63,875 per MT
- FY24: ₹61,987 per MT
- Q1 FY25: ₹51,059 per MT
SAIL’s Geographical Distribution:
Here is a quick look of geographical distribution of SAIL:
- Domestic sales accounted for 98% of revenues in FY24 (up from 93% in FY22).
- Exports contributed 2% in FY24 (down from 7% in FY22).
SAIL’s Customers/Clientele and Major Projects:
SAIL has supplied steel for numerous landmark projects, including:
- Bengaluru Metro Rail Corporation
- Chennai Metro Rail Corporation
- Mumbai Trans Harbour Link Project
- Kalapakkam Nuclear Project
- Delhi-Amritsar-Katra Highway
- AIIMS at Deoghar
SAIL’s Distribution Network:
With over 5,200 dealers and distributors across India, SAIL expanded its Tier-1 channel in FY24 by adding 41 distributors, strengthening its market presence.
SAIL’s Raw Material and Production Capabilities:
Here is a quick look of raw material and production capabilities of SAIL Ltd.:
- Iron Ore: Met entirely from captive mines, producing 34.34 MT in FY24.
- Coking Coal: Of the 19.37 MT required, 2.45 MT was sourced domestically.
- Steel Plants: Five integrated steel plants and three special steel plants form the backbone of SAIL’s production.
Capacity Utilization:
- Crude steel: 98% in FY24 (up from 89% in FY22).
- Saleable steel: 99% in FY24 (up from 86% in FY22).
SAIL’s Expansion Plans:
SAIL aims to expand its crude steel capacity to 35 MTPA by FY31-32, with an estimated investment of ₹1,00,000 crore. The majority of this capital expenditure is planned for FY27 and FY28, funded by 50% debt.
For FY25, a capex of ₹6,300 crore has been allocated.
SAIL’s Debt Position:
SAIL’s total debt increased from ₹17,284 crore in FY22 to ₹36,323 crore in FY24, primarily due to higher working capital requirements driven by increased inventory and receivables.
SAIL’s Focus for FY25:
For FY25, SAIL aims to achieve:
- Crude steel production: 20.87 MT
- Sales volume: 19.26 MT
The company is also working to improve efficiency at its five integrated steel plants by adopting advanced technological and operational measures.
SAIL’s FY24 Product Mix:
SAIL’s product mix in FY24 reflects its diversified offerings:
- HR Plates/Coils/Sheets: 27%
- Bars & Rods: 22%
- PM Plates: 14%
- Structurals: 9%
- Semis: 8%
- Railway Products: 8%
- Others: 12%
Steel Authority of India Ltd. (SAIL Ltd.) – Fundamental Analysis:
Below is a quick view of fundamental data for SAIL Ltd., and SAIL Limited’s key financial metrics:
SAIL is on a positive trend for 2024, driven by increased domestic infrastructure projects and global steel demand. Despite minor fluctuations, SAIL is expected to close the year on a high note.
SAIL appears promising for long-term investment due to a steady growth trend.
Forecast:
- Minimum Price: ₹140
- Maximum Price: ₹180
With consistent growth, SAIL is poised for further gains in 2025. Government initiatives like “Make in India” and rising exports contribute to its growth momentum.
As demand for steel surges globally, SAIL, being one of the largest steel producers, stands to benefit. SAIL’s share has already increased 42% since August 2023 and an additional 16% since early 2024.
If the economy and steel demand remain robust, SAIL’s stock could potentially reach new highs.
Forecast:
- Minimum Price: ₹180
- Maximum Price: ₹205
Pro Tip:
Watching global steel demand trends can help investors anticipate SAIL’s performance, as it’s a direct contributor to price momentum.
The steel sector will likely witness continued growth, supported by strong infrastructure investments and favorable global market conditions. SAIL’s expansion plans could further bolster stock prices.
Pro Tip:
Keep track of partnerships and collaborations announced by the company, as they can significantly impact stock performance.
Rising steel consumption in India and globally will position SAIL for stable growth in 2027. Enhanced production capacities and cost efficiency are key drivers.
In 2028, SAIL is expected to benefit from increasing exports and partnerships. Improved operational efficiency could help achieve higher margins.
Focusing on innovation and environmental sustainability, SAIL might experience significant growth in share value in 2029.
Insight:
Keep an eye on global expansion strategies, as international markets could significantly contribute to the company’s revenue growth.
Looking towards 2030, SAIL is expected to leverage factors like higher dividends, EPS, and increased liquidity. Projected growth aligns with India’s infrastructure expansion, potentially driving demand for steel to record levels.
By 2030, SAIL is predicted to achieve robust growth due to increased steel demand and technological advancements in production processes.
Forecast:
- Minimum Price: ₹340
- Maximum Price: ₹400
The Indian government’s ambitious infrastructure development goals will likely boost SAIL’s market performance by 2035.
By 2040, SAIL’s continued focus on sustainable practices, efficiency improvements, and innovative technology integration could make it a leading global player. Projections indicate the stock could see considerable growth.
Forecast:
- Minimum Price: ₹451
- Maximum Price: ₹505
Continuing its dominance, SAIL is projected to see steady growth through operational excellence and global partnerships by 2045.
India’s rapid development and increased global steel demand might place SAIL in a prime position by 2050. If SAIL continues its expansion and adapts to new market trends, it could reach impressive stock price milestones.
Driven by a mature global steel market and stable demand, SAIL is expected to maintain consistent performance by 2055.
Forecast:
- Minimum Price: ₹600
- Maximum Price: ₹704
Here is a quick look of SAIL Ltd share price targets from 2024 to 2050:
Driven by a mature global steel market and stable demand, SAIL is expected to maintain consistent performance by 2055.
With innovations in steel technology and diversified operations, SAIL could achieve significant price gains by 2060.
By 2065, SAIL is expected to further solidify its global leadership, backed by strong performance in emerging markets.
Ongoing innovation and global steel demand are likely to drive SAIL’s growth into 2070.
In 2075, SAIL is projected to benefit from diversification and advanced production technologies.
With its legacy of excellence, SAIL could experience steady growth by 2080.
For the long-term future, including 2090 and 2100, SAIL’s share price is expected to grow exponentially due to advancements in technology, global trade, and India’s position as a steel powerhouse.
Here is a quick look of SAIL Ltd share price targets from 2085 to 2100:
Note:
These targets are based on current trends and market projections, offering a roadmap for investors planning long-term investments in SAIL. However, always ensure thorough research and certified financial expert advice before making financial decisions.
SAIL Ltd Future Outlook (2025-2040-2050-2100):
Here’s a detailed outlook for the SAIL Ltd share price targets for 2025, 2035, 2040, 2045, 2050, and 2100:
SAIL Projected Share Price Targets:
Note:
Projecting share price targets for the long term requires careful consideration of market trends, technological advancements, and a company’s ability to adapt.
These projections are based on the company’s current growth trajectory, future trends in the fintech industry, and its ability to innovate. However, investors should always consider market risks and conduct thorough analysis before making long-term investments.
SAIL Ltd – Quarterly Performance:
Here’s a snapshot of SAIL Ltd quarterly performance, reflecting both sales and expenses:
SAIL Ltd. – Technical Analysis:
Here are the moving averages, or the EMA Values for Steel Authority of India Ltd:
- 5-days EMA: 118.31
- 10-days EMA: 123.18
- 20-days EMA: 119.03
- 50-days EMA: 102.71
- 100-days EMA: 90.47
- 200-days EMA: 83.73
Pivot Levels:
Here are the different Pivot levels of SAIL Ltd:
Note:
Support and Resistance level for the month, calculated based on price range of the previous trading month.
Should You Buy SAIL Stock?
Steel remains essential worldwide, used in vehicles, buildings, and appliances due to its durability and versatility. SAIL’s dominant market position, combined with the ever-growing demand for steel, makes it an attractive buy for long-term investors.
Experts are optimistic about SAIL’s future due to its industry leadership and alignment with infrastructure growth. However, it’s recommended to consult with investment professionals, as stock markets can be unpredictable.
Is SAIL a Good Buy?
For investors interested in long-term positions, SAIL offers both potential rewards and risks:
– Bull Case:
- High Demand: Increasing construction needs.
- Strong Market Position: Leading steel producer.
- Potential Profit: Opportunity for long-term gains.
– Bear Case:
- Market Volatility: Economic downturns can affect growth.
- Production Costs: Rising costs could impact margins.
- Intense Competition: Other steel makers may challenge.
Conclusion:
Deciding on SAIL stock comes down to your financial goals and risk tolerance. While SAIL offers strong potential due to global demand and market positioning, factors like competition and market volatility pose risks.
Research, analyze, and consider speaking with an expert before investing.
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Pro Tip:
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Frequently Asked Questions (FAQs)
Here are 20 FAQs which will help you with concise answers to help readers understand SAIL Ltd stock price targets and investment prospects better:
How can I stay informed about SAIL shares?
Stay updated by regularly tracking stock market trends and following SAIL’s stock movements. You can also set up alerts or subscribe to financial news services for real-time updates.
What are the risks of investing in SAIL shares?
Risks include market volatility, operational challenges, competition from other steel manufacturers, and changes in government policies affecting the steel industry.
How do I research SAIL shares before investing?
Research SAIL shares by analyzing the company’s financial statements, reviewing industry trends, and consulting expert opinions. Staying informed on the latest news in the steel sector and SAIL’s performance can also help make more informed decisions.
What is the SAIL Share Price Target for 2024?
The SAIL share price target for 2024 is expected to range between ₹140 and ₹180, considering market trends and steel demand.
Is SAIL a good investment for the long term?
Yes, SAIL is a solid long-term investment due to its market leadership, consistent demand for steel, and expansion plans to increase production capacity.
What factors influence SAIL’s share price?
Key factors include global steel demand, raw material costs, government policies, and the company’s operational performance and expansion strategies.
How has SAIL performed in recent years?
SAIL’s crude steel production increased from 17.4 MT in FY22 to 19.2 MT in FY24. The sales volume grew by 5% during the same period, reflecting steady growth.
What are SAIL’s future expansion plans?
SAIL plans to increase its crude steel capacity to 35 MTPA by FY31-FY32, with a capital outlay of approximately ₹1,00,000 crore.
Why is SAIL considered a Maharatna company?
SAIL earned Maharatna status due to its significant contribution to India’s economy, high operational capacity, and consistent profitability as a public sector enterprise.
How does SAIL contribute to the Indian Railways?
SAIL supplies 100% of the steel tracks required by Indian Railways and provided 11.5 lakh tonnes of rails in FY24 alone.
What is SAIL’s market share in the Indian steel industry?
SAIL is one of the largest steel producers in India, holding a substantial market share with its wide product range and extensive dealer network.
How does SAIL’s geographical presence impact its performance?
SAIL primarily serves domestic markets, with 98% of sales in FY24 coming from India, while exports contributed 2%.
What are SAIL’s value-added products?
SAIL introduced 25 new value-added products in FY24, including advanced steel grades like TMT Fe-550D and ASTM 517 grade-F steel plate for specialized industries.
What is SAIL’s debt situation?
SAIL’s debt increased from ₹17,284 crore in FY22 to ₹36,323 crore in FY24 due to higher working capital needs, primarily driven by inventory and receivables.
How does SAIL address environmental concerns?
SAIL focuses on eco-friendly production methods and resource efficiency, aligning with India’s sustainability goals in the steel industry.
Can SAIL stock be considered a dividend-paying stock?
Yes, SAIL has a history of paying dividends, making it attractive for investors seeking both growth and income.
What industries use SAIL’s steel products?
SAIL supplies steel to sectors like construction, railways, defense, automotive, power, and consumer durables.
What is the significance of SAIL’s dealer network?
SAIL has a strong distribution network with around 5,200 dealers and distributors across India, ensuring its products reach diverse markets effectively.
How do raw material costs impact SAIL’s profitability?
Raw material costs, especially iron ore and coking coal, significantly affect SAIL’s margins, as these are critical inputs in steel production.
What risks are associated with investing in SAIL?
Risks include market volatility, fluctuating raw material prices, competition, and changes in government policies affecting the steel sector.
How does SAIL compare to its competitors in India?
SAIL competes with companies like Tata Steel and JSW Steel. While SAIL is strong in infrastructure projects, private players may lead in niche and premium segments.
How can investors stay updated on SAIL’s performance?
Investors can track SAIL’s financial reports, stock market updates, and news from the steel industry to stay informed.
Is SAIL stock suitable for beginners in the stock market?
Yes, SAIL can be a good choice for beginners due to its established reputation, stable performance, and potential for long-term growth. However, thorough research and professional advice are recommended.
Steel remains essential worldwide, used in vehicles, buildings, and appliances due to its durability and versatility. SAIL’s dominant market position, combined with the ever-growing demand for steel, makes it an attractive buy for long-term investors.
Author
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