SAIL Share Price Today In Red After Profit Tanks 53% YoY; Time To Hold, Buy Or Bail Out?

SAIL Share Price Today: Shares of Steel Authority of India Limited (SAIL) declined during Thursday's intraday trade after the steel giant reported a massive 53% YoY drop in its net consolidated profit during the financial year 2025-26.

SAIL shares were trading 1.89% lower at Rs 137.85 per share on BSE with a market capitalisation of Rs 56,933.32 crore. The stock had dipped to its intraday low of Rs 137.10 per share and an intraday high of Rs 139.65 per share on the BSE.

SAIL Q2 Result Review

SAIL reported a nearly 53% decline in its net consolidated profit (attributable to shareholders of the company) to Rs 418.72 crore against Rs 897.15 crore in the year-ago period. Despite the decrease in net profit, SAIL reported a revenue of Rs 267 billion against Motilal Oswal's estimate of Rs 244 billion. The beat was driven by healthy volume growth and a lower-than-expected decline in NSR. EBITDA stood at Rs 25.3 billion against the brokerage's estimate of Rs 16.5 billion during the quarter.

SAIL Q2 Result Recap

State-owned SAIL on Wednesday said its consolidated net profit fell more than 53 per cent to Rs 418.72 crore in the September quarter.It had clocked a net profit of Rs 897.15 crore in the July-September quarter of the preceding 2024-25 financial year, the company said in a regulatory filing.

The company's total income, however, rose to Rs 26,910.04 crore from Rs 24,842.18 crore in the year-ago period. In a separate statement, SAIL Chairman Amarendu Prakash said, "H1 FY26 performance demonstrates SAIL's consistency across both operational and financial metrics. The company has maintained high capacity utilisation for steady production."

SAIL Share Price Recommendation

Motilal Oswal has maintained a 'neutral' stance on the SAIL share price, and the price recommendation may get revised after the SAIL conference call, set to take place at 10 pm on Thursday. Antique Stock Broking gave a 'Hold' rating for SAIL stock and fixed a target price of Rs 129 per share.

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