SAILBSESTEEL AUTHORITY OF INDIA· Steel And Steel ProductsMediumPositive
Announced Wed, 7 Oct, 2026 · 16:43 IST

SAIL rating outlook upgraded from Stable to Positive by CareEdge

Rating UpgradedCredit & Debt View source PDFExplain this filing

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
—1-day move
₹175.01
prior close
₹175.65
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.0-1.3-0.7-1.8——————————
Up moveDown movePending
AI summary

CareEdge reaffirmed SAIL long-term rating at CARE AA, with outlook revised from Stable to Positive. Short-term rating CARE A1+ reaffirmed on Rs 48,250 crore bank facilities. Commercial paper Rs 8,000 crore reaffirmed at A1+. Bond rating withdrawn. Outlook upgrade driven by PBILDT per tonne rising to Rs 9,974 in Q1FY27 from Rs 6,998 in Q1FY26. Total debt fell to Rs 35,788 crore from Rs 41,740 crore, gearing improved to 0.63x. Sales volume rose to 19.93 MT in FY26.

Likely market impact

Positive signal; outlook upgrade reflects expected sustained improvement in profitability and balance sheet strength, backed by government ownership.