Steel Authority Of India Limited

Leading state-owned steel producer in India with diverse product portfolio.

1973 | Delhi (India) | Active
Last Updated:

Steel Authority Of India Profile

Key Indicators

  • Authorised Capital ₹ 5,000.00 Cr
  • Paid Up Capital ₹ 4,130.53 Cr
  • Company Age 52 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 47,750.20 Cr
  • Satisfied Charges ₹ 56,247.73 Cr
  • Revenue Growth 49.05%
  • Profit Growth 212.08%
  • Ebitda 67.52%
  • Net Worth 19.59%
  • Total Assets 0.50%

About Steel Authority Of India

Steel Authority Of India Limited (SAOIL) was founded in India on 24 January 1973 and has a glorious history of 52 years and two months. Its registered office is in Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500113 and on the National Stock Exchange(NSE) under SAIL.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5,000.00 Cr and a paid-up capital of Rs 4,130.53 Cr.

The company currently has active open charges totaling ₹47,750.20 Cr. The company has closed loans amounting to ₹56,247.73 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Steel Authority Of India Limited India is Mangudi Balakrishnan as COMPANY SECRETARY. Anirban Dasgupta, Abhijit Narendra, Brijendra Singh, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L27109DL1973GOI006454

  • Company No.

    006454

  • Stock Symbol

    BSE : 500113 NSE : SAIL

  • Company Classification

    Public Limited Union Government Company

  • Incorporation Date

    24 Jan 1973

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Metals and Minerals

Who are the key members and board of directors at Steel Authority Of India?

Executive Team (2)

NameDesignationAppointment DateStatus
Amarendu Prakash Country flag representing In Managing Director28-Sep-2020Current
Mangudi Balakrishnan Country flag representing In Company Secretary01-Jul-2019Current

Board Members (9)

NameDesignationAppointment DateStatus
Atanu Bhowmick Country flag representing In Whole-Time Director 11-Feb-2022Current
Anirban Dasgupta Country flag representing In Whole-Time Director 01-Feb-2020Current
Abhijit Narendra Country flag representing In Nominee Director 27-Apr-2022Current
Brijendra Singh Country flag representing In Whole-Time Director 19-Apr-2022Current
Anil Tulsiani Country flag representing In Whole-Time Director 20-Jun-2022Current
Krishna Singh Country flag representing In Whole-Time Director 25-Aug-2022Current

Financial Performance of Steel Authority Of India.

Steel Authority Of India Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 49.05% increase. The company also saw a substantial improvement in profitability, with a 212.08% increase in profit. The company's net worth Soared by an impressive increase of 19.59%.

Steel Authority Of India revenue growth over time
Steel Authority Of India profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
49.05%
Revenue from Operations
49.72%
Total Assets
0.50%
Profit or Loss
212.08%
Net Worth
19.59%
EBITDA
67.52%

What is the Ownership and Shareholding Structure of Steel Authority Of India?

In 2022, Steel Authority Of India had a promoter holding of 65.00% and a public holding of 35.01%. The company had 2 Subsidiaries, 16 Joint Ventures and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹47,750.20 Cr

Satisfied Charges

₹56,247.73 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 30419.70 Cr
  • Bank Of India : 7500.00 Cr
  • Others : 5000.00 Cr
  • Idbi Trusteeship Services Limited : 3773.00 Cr
  • The South Indian Bank Limited : 800.00 Cr
  • Others : 257.50 Cr

Latest Charge Details

DateLenderAmountStatus
11 Sep 2024The South Indian Bank Limited₹500.00 CrOpen
11 Sep 2024Others₹5,000.00 CrOpen
16 May 2024Bank Of India₹2,000.00 CrOpen
01 Aug 2023State Bank Of India₹4,700.00 CrOpen
31 Jul 2023The South Indian Bank Limited₹300.00 CrOpen

How Many Employees Work at Steel Authority Of India?

Steel Authority Of India has a workforce of 34629 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Steel Authority Of India Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Steel Authority Of India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Steel Authority Of India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Steel Authority Of India

Recent activity within the organization

  • Annual General Meeting

    Steel Authority Of India Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 500.00 Cr with Charge ID 100982808 was registered on 11 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 5,000.00 Cr with Charge ID 100982984 was registered on 11 Sep 2024.

  • Charges

    A charge registered on 06 Oct 2009 via Charge ID 10181866 with United Bank Of India was fully satisfied on 15 Jul 2024.

  • Charges

    A charge registered on 28 Mar 2023 via Charge ID 100707834 with Bank Of India was fully satisfied on 19 Jun 2024.

  • Charges

    A charge with Bank Of India amounted to Rs. 2,000.00 Cr with Charge ID 100931391 was registered on 16 May 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Steel Authority Of India Limited?

    Steel Authority Of India Limited was incorporated on 24 Jan 1973.

  • What is authorized share capital and paid-up capital of Steel Authority Of India Limited?

    The authorized share capital of Steel Authority Of India Limited is ₹ 5,000.00 Cr and paid-up capital is ₹ 4,130.53 Cr.

  • Who are the current board members & directors of Steel Authority Of India Limited?

    Currently 11 directors are associated with Steel Authority Of India Limited.

    • Anirban Dasgupta
    • Abhijit Narendra
    • Brijendra Pratap Singh
    • Anil Kumar Tulsiani
    • Atanu Bhowmick
    • Amarendu Prakash
    • Krishna Kumar Singh
    • Srinivasa Chakravarthy Vejendla
    • Jayaprasad Kuttappan
    • Birendra Kumar Tiwari
    • Mangudi Bhadrachalam Balakrishnan

  • What is the registered address of Steel Authority Of India Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Steel Authority Of India Limited is Ispat Bhawan Lodhi Road India, New Delhi, 110003.

  • What is the corporate identification number (CIN) and company number of Steel Authority Of India Limited?

    The corporate identification number (CIN) of Steel Authority Of India Limited is L27109DL1973GOI006454 and the company number is 006454 as per Ministry of Corporate Affairs (MCA).

  • Is Steel Authority Of India Limited registered with any stock exchange in India?

    Yes, Steel Authority Of India Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SAIL.

  • What is the official website of Steel Authority Of India Limited?

    The Official website of Steel Authority Of India Limited is https://www.sail.co.in

  • What has been the recent revenue trend for Steel Authority Of India Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Steel Authority Of India Limited has risen by 49.05%.

  • How many employees does Steel Authority Of India Limited currently have?

    As Per 2022 financial reports, 34629 employees are currently employed by Steel Authority Of India Limited.

  • What change has been observed in the net worth of Steel Authority Of India Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Steel Authority Of India Limited has experienced an upsurge of 19.59%.

  • What are the total open charges for Steel Authority Of India Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Steel Authority Of India Limited amount to ₹ 47,750.20 Cr.

  • When was the last Balance Sheet of Steel Authority Of India Limited filed with the ROC?

    The most recent Balance Sheet for Steel Authority Of India Limited was filed with the ROC on 31 Mar 2024.

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