If you think about which share will be best for investment in recent times then you should know about SAIL Share Price Target. Today in our blog we will explain the basic idea about SAIL Share Price Target 2024, 2025, 2027, 2030. We did the research and took advice from experts to make this blog about the company’s growth, performance, etc.
SAIL Share Price Target is a trading share in the share market. In this article, we will discuss about company’s financial growth, the business policy of the company, the shareholding pattern of the company, and the forecast share price yearly basis. We use expert data and analysis to give a clear knowledge about SAIL Share Price Target. This article may be helpful to those who want to invest in this share right now. Let’s have a look at SAIL Share Price Target 2024 to 2030.
What is SAIL Company?
The full form of SAIL is Steel Authority Of India Limited which is a central public sector situated in New Delhi, India. SAIL is the largest steel producer company owned by the Indian Government. The company was established in the year 1954, on 19th January. SAIL owns 5 integrated steel plants 3 special steel and 1 subsidiary plant all over India.
Overview of SAIL Company
SAIL Company mainly manufactures iron and steel products like hot and cold rolled sheets and coils, electrical sheets, structural steel, railway products and plates, galvanized sheets, bars and rods stainless steel, other alloy steel, plates, SAIL TMT Bars, and Pipes, etc. The authority of SAIL’S company announced that the company also planned to increase the production capacity of hot metal from the base level of production per annum from 14.5 MT Per annum (2006-07) to 27.3 MT per annum. SAIL Company has a total of 693 patents out of which 65% are active and active patents numbers are 343.
| Company Name | Steel Authority Of India Ltd |
| Established | In 1954, 19th January |
| Market Cap | ₹62,912.56 Crore |
| Book Value | ₹131.12 |
| Face Value | ₹10 |
| P/B | 1.17 |
| DIV. YIELD | 1.34% |
| 52 Week High | ₹175.80 |
| 52 Week Low | ₹82.10 |
| NSE Sine | SAIL |
SAIL Company is within the seven Maharatnas of all over the country under the Central Public Sector. One of the most important products is long and flat steel products which have demand in the domestic and international markets. From SAIL’s five integrated steel plants, the company exports the products of Mild Steel Products and Pig Iron. 75% of the company’s equity is owned by Indian Government.
The 5 integrated steel plants of SAIL’s company are situated at Bhilai, Bokaro, Durgapur, Rourkela, and Burnpur. SAIL Company made a marketing tie-up with an export company in Russia Tyazprom Export (TPE) to sell the entire range of castings products and pig iron Products.
Financial Data Analysis Of SAIL Company
Before investing any share anyone wants to see the company’s performance, overall profit, and net sales amount. We need a basic idea about the company’s PE ratio, return on assets, current ratio, and return on equity. In the below portion, we discuss the performance of the company. SAIL’S Share Price Target also depended upon the ratio which is described below.
PE Ratio (Price To Earning Ratio)
PE Ratio is calculated by Market price per share Earning price per share. It means the number of times an investor is ready to pay as compared to earnings time. SAIL’S Company has a PE ratio of 22.74, which is high.
Return on Assets (ROA)
ROA is calculated by Profit After tax ÷ Total Assets. ROA is influenced by 2 factors return on sales and asset turnover. SAIL’S Company has a ROA of 1.95%, which is a bad sign for the company’s growth.
Current Ratio
The current Ratio is calculated by Current Assets ÷ Current Liabilities. SAIL’S Company has a current ratio of 0.87.
Return On Equity (ROE)
ROE is measured by = Net profit ÷ Average Share holding equity. SAIL’S Company has a ROE of 3.71%, which should be high.
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SAIL Share Price Target 2024, 2025, 2027, 2030
SAIL Share Price Target is a bullish trend in the share market. SAIL Share is under BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). The last 6 months’ share growth was +35.74 (31.17%), the last 1-month share growth was +0.76 (0.51%), the last 1 year’s share growth was +60.54 (67.38%), the maximum share growth was +144.39 (2406.50%).
Being the steel manufacturing company Steel Authority Of India Ltd Company will grow more in the future with the company’s future growth SAIL Share Price Target also increased. SAIL Share Price Target always runs to profit growth. In the coming future, the share will increase like the previous years. If anyone wants to invest in the share it will be beneficial on a long-term basis.
SAIL Share Price Target 2024
The main raw material of SAIL Company is iron ore, for supplying the raw materials the company expanded existing iron ore mines and new iron ore mines. The company has an installation capacity of Hot Metals of 19.40 Million Tonnes per annum, an installation capacity of Crude Steel of 18.28 Million Tonnes per annum, and has installation capacity of Saleable Steel of 15.5 Million Tonnes per annum during the year 2022-23. The Hot Metal production capacity increased by 3.5% and the crude steel production capacity increased by 5.3% at the end of the financial year 2022-2023.
| Year | SAIL Share Price Target 2024 |
| 1st Price Target | 140 |
| 2nd Price Target | 285 |
With more expansion, the company’s selling rate also increased. The last 5 year’s sales rate was 13.56% and the last 3 year’s sales rate increased to 21.23%. The net sales amount was ₹70,156.56 Crore in March 2021 which became ₹1,05,189.69 Crore in March 2023. If we look at the share price forecast SAIL Share Price Target 2024, 1st Price Target is ₹140 and the 2nd Price Target is ₹285.
SAIL Share Price Target 2025
Indian railway is an important part of transportation and SAIL company has an important role in Indian Railway System. The main products which are produced by SAIL company are Wheels & axles, Stainless Steel Products, Electrical Steels, Hot Rolled Products, Rail, and crossing Sleeper Bar. In Bhilai Steel Plant the company produces rails, in Durgapur Steel Plant the company produces wheels for passengers coaches, wagons, and locomotives.
The revenue growth of the company increased by 17.25% in the last financial year. The total revenue was ₹105,213.26 Crore in March 2022 which became ₹106,789.23 Crore in March 2023.
| Year | SAIL Share Price Target 2025 |
| 1st Price Target | 315 |
| 2nd Price Target | 485 |
SAIL Company has Asia’s largest iron and steel-related R&D centers in Ranchi. The company invests a huge amount in the R&D field for more development of product quality and tries to produce new innovative products for different sectors. If we look at the share price forecast SAIL Share Price Target 2025, the 1st Price Target is ₹315 and the 2nd Price Target is ₹485.
SAIL Share Price Target 2027
SAIL company has a wagon components manufacturing unit which was established in 2016 in Kulti, Paschim Bardhaman district and it is a joint venture with RITES. In this unit company manufactures, sells, and exports railway wagons, fabricated components, wagon prototypes, and other parts of railway vehicles. The total invested amount was ₹208 Crore by the company for this project.
| Year | SAIL Share Price Target 2027 |
| 1st Price Target | 830 |
| 2nd Price Target | 975 |
As the company is an ancient company with a good market position many good investors want to invest in the share. The promoter holding capacity of the company is 65% which is a perfect sign for the company’s growth. If we look at the share price forecast SAIL Share Price Target 2027, the 1st Price Target is ₹830, and the 2nd Price Target is ₹975.
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SAIL Share Price Target 2030
SAIL company also has pipe production units in Rourkela Steel Plants this unit has a production capacity of 575 tonnes of pipes in a single day (15.10.2023). SAIL company also has the manufacturing capability of plates in Rourkela Steel Plants the minimum length is 6300 mm. In Bhilai Steel Plant the rolling plate length is 13.5 metres. The IISCO Steel Plant produces a 5-22 mm Wire Rod Mill. In Chandrapur Ferro Alloy plant has an installed capacity of 1,00,000 TPY Ferro Manganese.
| Year | SAIL Share Price Target 2030 |
| 1st Price Target | 1625 |
| 2nd Price Target | 1810 |
In Durgapur Steel Plant has a production capacity of TMT Bars 25 mm in straight and lengths of 12m. If we look at the profit growth of the company the last 5 years profit growth was 43%. Net profit growth was ₹3785.96 Crore which became ₹13,125.25 Crore.
As a producer of Steel, TMT parts, railway parts, and some essential products SAIL company will grow more in the future. All the share price forecasts depend upon the company’s overall growth, market-favorable conditions, product demand, etc. If anyone wants to invest on a long-term basis it will be profitable but before investing consult with expertise. If we look at the share price forecast SAIL Share Price Target 2030, the 1st Price Target is ₹1625 and the 2nd Price Target is ₹1810.
How To Purchase SAIL Share?
The most common trading platform for purchasing the SAIL Share is described below.
- Zerodha
- Upstox
- Groww
- Angelone
Peer’s Company Of SAIL
- JSW Steel Ltd
- Jindal Steel & Power Ltd
- Tata Steel Ltd
- Aditya Ispat
Investors types and ratio of SAIL Company
There are mainly four Types of Investors in Oil India Ltd Company. The company’s growth also depended upon the ratio of investors who invested in the share.
Promoters Holding
Promoters Holding means how much capital is invested by company promoters (owner of the company) through overall capital. SAIL Company’s promoter holding capacity is 66.18%.
Public Holding
Public Investors an individuals who invest in the public market for profit in the future (large and small companies). SAIL Company’s public Holding capacity is 15.76%.
FII (Foreign Institutional Investors)
Foreign Institutional Investors are those big companies that invest in different countries company. SAIL Company’s FII is 5.04%.
DII (Domestic Institutional Investors)
Domestic Institutional Investors (like Insurance, companies mutual funds) who invest in their own country. SAIL Company’s DII is 13.02%.
Advantages and Disadvantages Of SAIL Share
Every share has some advantages and some disadvantages also. So, the SAIL Share Price Target also has some advantages and disadvantages which are described below.
Advantages
- The revenue growth of the company is good at 17.25% in the last financial year 2022-23.
- The cash conversation cycle of the company is good which is 0.89 days.
- In the last 2 years, the book value per share also improved.
Disadvantages
The company has negative cash flow from the operation which is a bad sign for the company’s growth.
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FAQ
What Is the SAIL Share Price Target of 2024?
SAIL Share Price Target for the year 2024 is ₹140 to ₹285.
What Is the SAIL Share Price Target of 2025?
SAIL Share Price Target for the year 2025 is ₹315 to ₹485.
What Is the SAIL Share Price Target of 2026?
SAIL Share Price Target for the year 2026 is ₹585 to ₹685.
What Is the SAIL Share Price Target of 2027?
SAIL Share Price Target for the year 2027 is ₹830 to ₹975.
What Is the SAIL Share Price Target of 2028?
SAIL Share Price Target for the year 2028 is ₹1025 to ₹1163.
What Is the SAIL Share Price Target of 2030?
SAIL Share Price Target for the year 2030 is ₹1625 to ₹1810.
Is SAIL Share good for buying?
Yes SAIL Share is good for buying the last 6 months the share growth was 34.27% in the last month last month’s share growth was 9.38%, and last year’s revenue growth was 17.25%. SAIL Share Price Target will grow in the future with the company’s growth. If anyone wants to invest then can do it after consultation with experts.
What are the main products of SAIL Company?
The main products of the company are iron and steel products like hot and cold rolled sheets and coils, electrical sheets, structural steel, railway products and plates, galvanized sheets, bars and rods stainless steel, other alloy steel, plates, SAIL TMT Bars, and Pipes, etc.
What are the 5 Steel Plants of SAIL Company?
The 5 integrated steel plants of SAIL Company are Bhilai Steel Plant, Bokaro Steel Plant, Durgapur Steel Plant, Rourkela Steel Plant, and Burnpur Steel Plant.
What is the production capacity of the SAIL Bokaro Steel Plant?
The production capacity of the Bokaro Steel Plant is 4.5 million tonnes which going to increase to 8.7 million tonnes.
What is the production capacity of SAIL Rourkela Steel Plant?
Rourkela Steel Plant’s production capacity is 4.6 million tonnes of Hot Metal and 4.2 million tonnes of Crude Steel.
What is the future of SAIL Company?
In the future, SAIL Company will grow more. It is calculated that the revenue growth of the company may increase by 24% the sales growth of the company has increased by 21.23% in the last 3 years and in the coming time the sales growth may increase up to 12% per annum, the return on equity in the last 3 years was increased rate 7.25%. The company will grow with big profit growth in the coming year.
What is the full form of SAIL?
The full form of SAIL is Steel Authority Of India Limited.
Is SAIL a public sector?
Yes SAIL is undertaken by the Central Government Of India and it is one of the Maharatna Public Sector.
Which plant is the largest steel plant under SAIL?
Bhilai Steel Plant is the largest steel plant under SAIL.
Who is the chairman of SAIL company?
Shri Amarendu Prakash is the chairman of SAIL company.
Is SAIL Company in profit or loss?
SAIL authority declares the quarter three results in the financial year 2022-23 the net profit of the company ₹496.23 Crore which will increase in the future.
What was the old name of SAIL?
The old name of SAIL was Hindustan Steel Limited.
What is the production capacity of SAIL?
SAIL has an installation capacity of Hot Metals of 19.40 Million Tonnes per annum, an installation capacity of Crude Steel of 18.28 Million Tonnes per annum, and has installation capacity of Saleable Steel of 15.5 Million Tonnes per annum during the year 2022-23. The Hot Metal production capacity increased by 3.5% and the crude steel production capacity increased by 5.3% at the end of the financial year 2022-2023.
Why is SAIL Share falling in recent times?
According to the SAIL authority, the profit amount of the company was 21% in the last quarter result in the year-to-year calculation, the revenue also fell 7% in the year-to-year calculation. But during the October to December quarter, the company earned a profit of ₹545.12 Crore in the financial year 2022-23 which may increase the demand of profit growth of the company.
Conclusion
Hopefully, www.sharetargethub.com will help you gain some basic ideas about the SAIL Share Price Target. By doing the research and taking advice from expertise we ensure that on a long-term basis, SAIL Share Price Target may reach a very high position. SAIL Company is related to the production of the iron and steel sector. So the demand for this sector also increases which helps the share to gain profit in the future.
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