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Steel Authority of India Limited Q2 FY27 results deck summary

NSE: SAIL · BSE: 500113

Results deck of 27 Oct 2026, summarised by AI from the filing.

SAIL's Q2 FY27 PAT rose to ₹1774 cr from ₹427 cr a year earlier, with H1 FY27 EBITDA of ₹8917 cr and margin of 15.43%.

Key takeaways

  1. Q2 profit PAT ₹1774 cr in Q2 FY27 (Q2 FY26: ₹427 cr; Q1 FY27: ₹1636 cr) on sales turnover of ₹31766 cr.
  2. EBITDA bridge Sales price/NSR added ₹902 cr and volume ₹265 cr to the H1 EBITDA movement, partly offset by raw material ₹382 cr.
  3. Sales volume Total sales were 9.326 MT in H1 FY27, with domestic sales of 9.180 MT and exports of 0.146 MT.
  4. Borrowings Borrowings (Non IndAS) rose to ₹29811 cr at Sept'26 from ₹28741 cr at Mar'26, with debt-equity at 0.34.

Original filing on BSE

Steel Authority of India Limited Q2 FY27 results

As filed: Revenue ₹31,998 cr (+20% year on year), EBITDA ₹4,216 cr (+67% year on year), PAT ₹1,750 cr (+300% year on year), EBITDA margin 13.2% (+371 bps).

The Q2 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

  • Q1 FY27: Revenue ₹26,246 cr (+1% year on year), EBITDA ₹4,153 cr (+50% year on year), PAT ₹1,644 cr (+121% year on year), EBITDA margin 15.8% (+514 bps). Score 69 of 100, Above trend. Revenue growth was in line with the company's own trend; EBITDA growth was well above it; profit growth was above it. EBITDA margin rose 514 bps year on year. Revenue fell 15% from last quarter. Profit rose ₹899 cr on a year ago, more than the ₹663 cr it added the year before. Share price after the results: +7.4% in 28 days (Nifty 500: +2.7%).
  • Q4 FY26: Revenue ₹30,813 cr (+5% year on year), EBITDA ₹4,409 cr (+27% year on year), PAT ₹1,835 cr (+66% year on year), EBITDA margin 14.3% (+243 bps). Score 65 of 100, Above trend. Revenue and profit before exceptional items growth were above the company's own trend; EBITDA growth was well above it. EBITDA margin rose 243 bps year on year. Share price after the results: −4.3% in 28 days (Nifty 500: +0.3%).
  • Q3 FY26: Revenue ₹27,371 cr (+12% year on year), EBITDA ₹2,294 cr (+13% year on year), PAT ₹374 cr (+163% year on year), EBITDA margin 8.4% (+10 bps). Score 62 of 100, In line with trend. Revenue and profit growth were well above the company's own trend; EBITDA growth was above it. EBITDA margin rose 10 bps year on year. Other income 43% of PBT. Profit fell 11% from last quarter. Share price after the results: +11.4% in 30 days (Nifty 500: −1.1%).
  • Q2 FY26: Revenue ₹26,704 cr (+8% year on year), EBITDA ₹2,527 cr (−13% year on year), PAT ₹419 cr (−22% year on year), EBITDA margin 9.5% (−234 bps). Score 35 of 100, Below trend. Revenue growth was above the company's own trend; EBITDA growth was well below it; profit before exceptional items growth was below it. EBITDA margin fell 234 bps year on year. Other income 45% of PBT. Profit fell 11% from last quarter. Share price after the results: −4.0% in 30 days (Nifty 500: −0.1%).
  • Q1 FY26: Revenue ₹25,922 cr (+8% year on year), EBITDA ₹2,769 cr (+25% year on year), PAT ₹745 cr (+300% year on year), EBITDA margin 10.7% (+144 bps). Score 78 of 100, Above trend. Revenue and EBITDA growth were above the company's own trend; profit growth was well above it. EBITDA margin rose 144 bps year on year. Revenue fell 12% from last quarter. Share price after the results: −6.7% in 28 days (Nifty 500: −0.1%).
  • Q4 FY25: Revenue ₹29,316 cr (+5% year on year), EBITDA ₹3,483 cr (0% year on year), PAT ₹1,251 cr (+11% year on year), EBITDA margin 11.9% (−58 bps). Score 54 of 100, In line with trend. Revenue and profit growth were above the company's own trend; EBITDA growth was in line with it. EBITDA margin fell 58 bps year on year. Share price after the results: +2.1% in 30 days (Nifty 500: +3.7%).
  • Q3 FY25: Revenue ₹24,490 cr (+5% year on year), EBITDA ₹2,029 cr (−5% year on year), PAT ₹142 cr (−54% year on year), EBITDA margin 8.3% (−89 bps). Score 29 of 100, Below trend. Revenue growth was above the company's own trend; EBITDA growth was below it; profit before exceptional items growth was well below it. EBITDA margin fell 89 bps year on year. Other income 123% of PBT. Tax rate 95%. Profit fell 84% from last quarter.

Past price moves after results do not indicate future moves. Not a recommendation.

Steel Authority of India Limited earnings call, investor presentation and press release summaries

Figures from the company's filings with NSE and BSE. Not investment advice.