Steel Authority of India Set to Release Q4 2026 Earnings Results

Steel Authority of India Ltd (SAIL) Announces Q4 Results Date

Steel Authority of India Ltd (SAIL), the largest state-run steel producer, has announced the date to declare its Q4 results. The Maharatna PSU stock was trading flat in afternoon deals.

The meeting of the Board of Directors of SAIL will be held on 15 May 2026 to consider, approve and take on record the Audited Standalone and Consolidated Financial Results of the company for the Quarter and Year ended 31 March 2026. SAIL said in a regulatory filing on May 8 that the results will be announced on 15 May 2026, Friday.

As per the SEBI regulations, the trading window of the company is closed from 1 April 2026 and shall remain closed till 48 hours after the financial results of the company for the quarter and year ended 31 March 2026 are announced.

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SAIL Q4 Results Preview

According to Axis Securities, Steel HRC prices (traders market ex-Mumbai) increased by 11%/12% YoY/QoQ. SAIL is expected to see slight moderation in steel sales volumes on a year-on-year (YoY) and quarter-on-quarter (QoQ) basis, while its revenue is estimated to increase, led by higher steel price realisations, partly offset by lower sales volumes.

The company's net profit in Q4FY26 is expected to remain flat YoY at ₹1,251 crore, but jump by 234.5% from ₹374 crore in the previous quarter. SAIL's revenue in the March quarter is expected to rise 2.7% to ₹30,102 crore from ₹29,316 crore, YoY. On a sequential basis, topline is estimated to grow 10% from ₹27,371 crore in the December quarter.

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Sales volumes are expected to drop 5% to 5.1 MT from 5.4 MT, YoY. Adjusted EBITDA (excluding railway provisions) is expected to increase 30% to ₹3,630 crore from ₹2,797 crore, YoY, driven by higher NSRs, partly offset by slightly lower sales volumes and higher coking coal consumption cost. Margin is seen improving to 12.1% from 11.9%, YoY. EBITDA per tonne is expected to increase 36.7% to ₹7,134 crore from ₹5,220 crore, YoY, led by higher sales realisation.

SAIL Share Price Performance

SAIL share price has risen 13% in one month and gained 16% in three months. The PSU stock has rallied 25% on a year-to-date (YTD) basis, while it has surged over 32% in six months. SAIL shares have jumped 71% in one year and have delivered multibagger returns of 121% over the past three years. At 1:05 PM, SAIL share price was trading 0.59% lower at ₹186.25 apiece on the BSE.