- 1Q Net Income: 106.8 million rupees, down 93% year-over-year; estimated at 7.7 billion rupees.
- Revenue: 240 billion rupees, down 1.5% year-over-year; estimated at 247.05 billion rupees.
- Total Costs: 238.7 billion rupees, down 3% year-over-year.
- Raw Material Costs: 136.7 billion rupees, down 10% year-over-year; estimated at 121.51 billion rupees.
- Finance Cost: 6.91 billion rupees, up 13% year-over-year; estimated at 6.4 billion rupees.
- Other Expenses: 69.4 billion rupees, up 1.9% year-over-year; estimated at 71.24 billion rupees.
- Other Income: 2 billion rupees, down 55% year-over-year.
- EBITDA: 24.2 billion rupees, up 16% year-over-year; estimated at 24.48 billion rupees.
- Exceptional Loss: 3.12 billion rupees due to employee allowances payment.
- Stock Recommendations: 1 buy, 6 holds, 19 sells.
A look at Steel Authority of India Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Steel Authority of India Limited, an integrated steel manufacturing company with a diverse product range including pig iron, steel ingots, and stainless steel, presents a solid long-term outlook according to Smartkarma Smart Scores. With a top score in Value indicating strong fundamentals, coupled with above-average scores in Dividend and Momentum, the company is positioned well for growth and income potential. Although Growth and Resilience scores are slightly lower, the overall outlook remains positive for Steel Authority of India.
The Government of India’s majority ownership in the company adds a layer of stability and support, further enhancing investor confidence in its long-term prospects. With a robust Value score of 5 reflecting strong fundamentals, a respectable Dividend score of 4, and promising Momentum at 4, Steel Authority of India‘s overall outlook remains bright, making it an attractive option for those eyeing long-term investments in the steel industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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