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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Steel Authority of India Limited is an India-based company, which is engaged in the steel manufacturing business. The Company is engaged in the manufacturing and sale of iron and steel products. Its business includes integrated steel plants and special steel plants. Its steel…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, steadily growing business, fairly priced.
SAIL is scored on the commodity / cyclical framework. It keeps a thin 3.0% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 5.64× reported profit. It throws off free cash worth 15.8% of its market value — a strong free-cash yield.
Over the last 3 years revenue compounded at 2%/yr and profit at 16%/yr. Book value has grown 3%/yr. Return on equity is a modest 9.0%. In the latest quarter profit grew 6% versus the prior quarter.
At 21× earnings, the stock sits at the 56th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price asks for only ~3%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 12.62 | 20.39 | better |
| P/B | 1.13 | 2.07 | better |
| EV/EBITDA | 6.37 | 10.9 | better |
| ROE | 8.96 | 18.07 | worse |
| ROCE | 9.96 | 9.84 | better |
| ROA | 3.96 | 3.5 | better |
| Quick Ratio | 0.28 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| JSW Steel | 10.5 | 2.9 | 11.9% |
| Tata Steel | 20.6 | 2.3 | 10.6% |
| Jindal Steel & Power | 41.5 | 2.3 | 6.2% |
2% CAGR — growing but slowly. Growth is accelerating — latest year outpaced the prior year's rate.
Profit is growing faster than revenue (16% vs 2%) — margin expansion is at work. The latest year saw a +42% swing — check if it's a one-off or structural.
Operating margins have been stable around 4% — no major structural shift.
ROE at 6% — modest; the capital isn't working hard. Low variance across years — a predictable business that earns steadily on its equity base.
16% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
1 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Cash conversion at 5.6× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 22% sequentially — momentum is building.
Quarterly net margins are expanding (1% → 5%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 65.0% — heavily owner-operated with strong skin in the game. FIIs have accumulated for 3 straight quarters — sustained foreign institutional conviction. MF holding up 2.8pp — domestic institutional discovery underway.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.