SAIL Sharpens FY27 Strategy To Boost Special Steel
SAIL reported earnings before interest, tax, depreciation and amortisation (EBITDA) growth of 11.75 per cent in FY26 over the corresponding period last year. Profit After Tax (PAT) and Profit Before Tax (PBT) rose by approximately 50 per cent and 44 per cent respectively during FY26, and the company reduced debt by Rs 81,480 million (mn) over the corresponding prior year level. Management attributed the improvement to marketing initiatives, production improvements, efficiency gains and financial strategies that strengthened revenue and profitability.
During FY26, the company expanded retail networks, intensified customer outreach and introduced delivery innovations while diversifying export markets and modernising warehouses. Product diversification efforts resulted in the development of 28 new products, enlarging SAIL's product basket and enhancing its ability to serve multiple customer segments. Techno?economic improvements included best?ever performance on coke rate, fuel rate, blast furnace productivity and specific energy consumption.
SAIL reiterated its commitment to sustainable steelmaking and to adopting more environment?friendly technologies as part of its medium-term strategy. Management indicated that emphasis will remain on customer focus, cost optimisation, reducing working capital borrowings and expanding the portfolio of special steels to support India's infrastructure and industrial needs. These measures are intended to reinforce the company's market position and provide a foundation for sustained growth into FY27.