Outcome of the Board Meeting - Audited Financial Results for the Quarter/Year ended 31st March, 2026 and recommendation of Final Dividend 2025-26

Pat Growth 25pctEbitda Margin CompressionExceptional ItemEmphasis Of MatterResults View source PDF

SAIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+3.0%1-day move

₹192.30

prior close

₹192.00

base price

After-mkt

timing

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-0.3-0.2-0.1-0.7+3.0+3.6+1.9+4.4+3.1+7.1-3.3-5.3-15.4—

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AI summary

SAIL reported standalone net profit of Rs 3,233.48 crore for FY26, up 50.5% from Rs 2,147.96 crore in FY25, driven by higher revenues of Rs 1,10,810 crore (up 8.1% YoY). Q4 standalone PAT stood at Rs 1,679.51 crore versus Rs 1,177.96 crore in Q4 FY25. EPS improved to Rs 7.83 for FY26 from Rs 5.20. The Board recommended final dividend of Rs 2.35 per share (23.50%). Exceptional items of Rs 668.22 crore included Rs 451.34 crore increase in gratuity liability and Rs 216.88 crore net impact from DVC electricity tariff dispute adjustment. Revenue includes Rs 9,723.71 crore from government agencies recognized at provisional prices. EBITDA margin compressed to approximately 11.1% from 12.0% in FY25.

Likely market impact

Strong profit growth of 50%+ YoY and dividend declaration are positive signals for shareholders, though EBITDA margin compression and provisional pricing on government sales warrant monitoring.