New Delhi: Steel Authority of India Limited (SAIL) unveiled its SAIL FY27 strategy, focusing on special steel production, customer engagement, cost optimisation and sustainable growth after reporting strong financial performance in FY26.
The company said it would increase the share of value-added and special steel products while continuing its volume expansion plans. These initiatives align with the Centre’s vision of Viksit Bharat@2047.
Despite global economic uncertainty, SAIL recorded an 11.75 per cent increase in EBITDA during FY26 compared with the previous year. The company also reported nearly 50 per cent growth in profit after tax and around 44 per cent growth in profit before tax. Additionally, it reduced debt by ₹8,148 crore.
SAIL Chairman and Managing Director Dr. Ashok Kumar Panda said the company’s performance reflected stronger marketing efforts, production improvements, efficiency gains and better financial management. He added that SAIL’s healthy financial position and group synergy would support its FY27 objectives.
SAIL FY27 strategy targets efficiency and market expansion
During FY26, SAIL expanded its retail network and strengthened customer outreach programmes. Moreover, the company diversified export markets, modernised warehouses and broadened its product portfolio to improve competitiveness.
The steelmaker also achieved its best-ever techno-economic performance in several operational areas. These included coke rate, fuel rate, blast furnace productivity and specific energy consumption. As a result, operational efficiency improved significantly.
Furthermore, SAIL developed 28 new products during the year. The expanded product basket helped the company cater to a wider range of customer requirements and strengthen its market presence.
Panda said the company would maintain its focus on customer-centric growth, special steel development and cost control. At the same time, SAIL plans to further reduce working capital borrowings to improve profitability.
The company also reaffirmed its commitment to sustainable steelmaking. It plans to adopt more environment-friendly technologies while pursuing long-term growth and stronger financial performance.
