Steel Authority of India Ltd
NSE:SAIL
Gross Margin
Steel Authority of India Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| IN |
|
Steel Authority of India Ltd
NSE:SAIL
|
480.4B INR |
50%
|
|
| ZA |
K
|
Kumba Iron Ore Ltd
JSE:KIO
|
102.3B Zac |
85%
|
|
| BR |
|
Vale SA
BOVESPA:VALE3
|
231.2B BRL |
36%
|
|
| AU |
|
Fortescue Metals Group Ltd
ASX:FMG
|
47.6B AUD |
44%
|
|
| AU |
F
|
Fortescue Ltd
XMUN:FVJ
|
26.8B EUR |
44%
|
|
| IN |
|
JSW Steel Ltd
NSE:JSWSTEEL
|
2.6T INR |
31%
|
|
| US |
|
Nucor Corp
NYSE:NUE
|
27.5B USD |
13%
|
|
| LU |
|
ArcelorMittal SA
AEX:MT
|
22.7B EUR |
10%
|
|
| JP |
|
Nippon Steel Corp
TSE:5401
|
3.2T JPY |
16%
|
|
| IN |
|
Tata Steel Ltd
NSE:TATASTEEL
|
1.8T INR |
56%
|
|
| CN |
|
Baoshan Iron & Steel Co Ltd
SSE:600019
|
152.1B CNY |
5%
|
Steel Authority of India Ltd
Glance View
In the heart of India’s industrial landscape lies the Steel Authority of India Ltd (SAIL), a beacon of the country's post-independence industrial ambitions. Established in 1954 and formally incorporated in 1973, SAIL has evolved from its nascent stages into a giant, deeply embedded in the fabric of India's steel manufacturing prowess. With headquarters in New Delhi, this public sector undertaking operates one of the most extensive steel production networks in India, boasting integrated steel plants in Bhilai, Bokaro, Durgapur, Rourkela, and Burnpur, and a specialty steel plant at Salem. SAIL’s operations span the entire value chain of steel production: from the extraction of iron ore, limestone, and dolomite, to processing in coke ovens, conversion in blast furnaces, and manufacture into rolled products and finished goods that feed into numerous industries, including construction, railways, automotive, and capital goods. SAIL not only generates revenue through its extensive portfolio of long and flat steel products but also through strategic alliances, domestic and international sales, export of steel products, and diversification into related sectors like power, shipping, and rural development projects. Its profitability largely hinges on effective cost management and scaling up production efficiency, amidst competitive pricing strategies and keeping pace with technological advancements in steel manufacturing. The company’s commitment to sustainable practices, research, and its continuous embrace of modernization and expansion initiatives underscore its stature as a cornerstone of India's industrial growth narrative, blending the economic goals of the nation with its own robust business model.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Steel Authority of India Ltd's most recent financial statements, the company has Gross Margin of 49.7%.
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