Steel Authority of India Ltd — earnings calls

SAIL reported Q1 FY27 EBITDA of Rs 4,356 crore, up more than 50% from Rs 2,925 crore a year earlier, with EBITDA margin at 16.7% and EBITDA per tonne crossing Rs 10,464. Management attributed part of the quarter's lower production and sales volumes to advanced capital repairs at IISCO, Durgapur and Bokaro plants, while PBT and PAT grew around 150% year-on-year to Rs 2,159 crore and Rs 1,636 crore respectively. The company also reported higher sales from captive iron ore mines, an improved debt equity ratio of 0.36, and discussed input cost movements including imported coking coal and NSR trends.

SAIL reported Q4 FY26 crude steel production up 4% to 4.9 million tons and sales volume up 4% to 5.3 million tons, with sales turnover rising 5% to Rs 30,541 crore. For full year FY26, the company posted its highest ever sales volume of 19.9 million tons, an 8% rise in sales turnover to close to Rs 110,000 crore, and PBT and PAT growth of 44% and 51% respectively. Management also cited a debt reduction of Rs 8,150 crore during the year and said the balance sheet was clean of qualifications for the first time in many years.