Steel Authority Of India Profile
Key Indicators
- Authorised Capital ₹ 5,000.00 Cr
- Paid Up Capital ₹ 4,130.53 Cr
- Company Age 52 Year, 28 Days
- 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 . 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
Industry
Who are the key members and board of directors at Steel Authority Of India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amarendu Prakash  | Managing Director | 28-Sep-2020 | Current |
| Mangudi Balakrishnan | Company Secretary | 01-Jul-2019 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Atanu Bhowmick | Whole-Time Director | 11-Feb-2022 | Current |
| Anirban Dasgupta | Whole-Time Director | 01-Feb-2020 | Current |
| Abhijit Narendra | Nominee Director | 27-Apr-2022 | Current |
| Brijendra Singh | Whole-Time Director | 19-Apr-2022 | Current |
| Anil Tulsiani | Whole-Time Director | 20-Jun-2022 | Current |
| Krishna Singh | Whole-Time Director | 25-Aug-2022 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Rourkela Smart City LimitedAtanu Bhowmick is a mutual person
National Aluminium Co LtdBrijendra Singh is a mutual person
Sail Refractory Company LimitedAnirban Dasgupta is a mutual person
Nmdc LimitedAbhijit Narendra is a mutual person
- Nmdc Steel Limited
Abhijit Narendra is a mutual person
Bokaro Power Supply Company Private LimitedBirendra Tiwari is a mutual person
Charges (Loans)
₹47,750.20 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Sep 2024 | The South Indian Bank Limited | ₹500.00 Cr | Open |
| 11 Sep 2024 | Others | ₹5,000.00 Cr | Open |
| 16 May 2024 | Bank Of India | ₹2,000.00 Cr | Open |
| 01 Aug 2023 | State Bank Of India | ₹4,700.00 Cr | Open |
| 31 Jul 2023 | The South Indian Bank Limited | ₹300.00 Cr | Open |
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.
Deals i
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
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
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.
