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SAIL aims to close FY26 with 20 mt sales

by Euro Times
February 10, 2026
in Business
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‘By lowering debt, managing inventories extra effectively and increasing attain by centered advertising initiatives, SAIL is strengthening its foundations whereas making ready for enlargement’

Metal Authority of India Restricted (SAIL) goals to shut the fiscal yr 2025-26 with gross sales of 20 million tonnes, practically 12 per cent larger than 17.9 million tonnes achieved in FY25, a senior firm official stated.

“By lowering debt, managing inventories extra effectively and increasing attain by centered advertising initiatives, SAIL is strengthening its foundations whereas making ready for enlargement. With rising demand, a sturdy capex pipeline, and a transparent dedication to sustainability and inexperienced metal, we’re assured of reaching shut to twenty million tonnes of gross sales in FY26 and even setting larger targets within the years forward, turning at present’s power into tomorrow’s alternative,” stated AK Panda, Director (Finance), with extra cost as Director (Industrial) at SAIL.

Monetary prudence

Within the earnings name, Panda famous that debt discount has been substantial with ₹5,000 crore being repaid within the nine-month interval (Apr-Dec) of the present fiscal. Debt as on December 31 stood at ₹24,852 crore, adopted by discount of one other ₹2,000 crore in January 2026. This disciplined deleveraging has lowered finance prices and created headroom for development investments. “Operational effectivity, stock liquidation, price optimisation and powerful treasury administration, all add as much as higher monetary prudence,” Panda stated.

In the meantime, in accordance with the corporate, in the course of the nine-month interval (Apr–Dec) of FY26, gross sales volumes surged by 16.3 per cent, pushed by proactive advertising initiatives and deeper engagement with retail and new buyer segments. This push took whole gross sales to 16.6 million tonnes between April 2025 and January 2026, whereas additionally enabling vital stock liquidation. “By lowering each in-process and completed metal shares, SAIL freed up money flows and lowered working capital necessities, strengthening its monetary place,” it stated.

Manpower discount

Operational levers are additionally being sharpened to cut back price. Annual manpower discount is steadily bettering per-tonne worker price effectivity. On the similar time, SAIL is sourcing extra renewable energy, each as a compliance requirement in addition to a cost-advantage lever, creating structural financial savings in vitality expenditure. “These measures align with the corporate’s broader sustainability agenda whereas reinforcing competitiveness,” the corporate stated.

Earlier, the corporate reported a web revenue of ₹374 crore for the October-December quarter, up from ₹142 crore within the year-ago interval. The expansion in revenue, roughly 2.6-fold on-year, was pushed by operational effectivity, stock liquidation, and price optimisation measures, the corporate stated. Income for the quarter rose 12 per cent on-year to ₹27,371 crore. Earnings earlier than curiosity, tax, depreciation, and amortisation (EBITDA) elevated 13 per cent to ₹2,294 crore from 8.3 per cent a yr in the past.

Printed on February 10, 2026



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