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Steel Authority Of India
4.1
based on 571 Reviews
Video summary
Company Overview
Company Locations
Working at Steel Authority Of India
Company Summary
Steel Authority of India Limited is a leading steel producer, crucial in driving India's economic growth while supplying a wide range of steel products for domestic and global markets.
Overall Rating
4.1/5
based on 571 reviews
5% above
industry average
Highly rated for
Job security, Work-life balance, Company culture
Work Policy
Work from office
89% employees reported
Monday to Saturday
67% employees reported
Strict timing
58% employees reported
No travel
47% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
49 employees reported
Health insurance
35 employees reported
Cafeteria
23 employees reported
Professional degree assistance
20 employees reported
View all benefits
About Steel Authority Of India
Founded in1954 (71 yrs old)
India Employee Count10k-50k
Global Employee Count50k-1 Lakh
India HeadquartersDelhi/NCR, Delhi, India
Office Locations
Websitesail.co.in
Primary Industry
Other Industries
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Steel Authority of India Limited (SAIL) traces its origin to the formative years of an emerging nation - India. After independence, the steel sector was to propel the economic growth and rapid industrialization of the country, and since 1973, SAIL steel has played a pivotal role in transforming the nation. SAIL is the largest steel-making company in India and one of the seven Maharatna’s of the country’s Central Public Sector Enterprises. We produce top quality steel and iron at five integrated plants and three special steel plants, located principally in the eastern and central regions of India and situated close to domestic sources of raw materials. We manufacture and sell a broad range of steel products which are high in demand in the domestic as well as international market. Visit this page regularly to stay connected and get updates about our products, new initiatives, accomplishments, and more.
Vision: To be a respected world class corporation and the leader in Indian steel business in quality, productivity, profitability and customer satisfaction.
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Steel Authority Of India Ratings
based on 571 reviews
Overall Rating
4.1/5
How AmbitionBox ratings work?
5
286
4
159
3
75
2
23
1
28
Category Ratings
4.2
Job security
4.0
Work-life balance
3.8
Company culture
3.8
Salary
3.8
Skill development
3.8
Work satisfaction
3.4
Promotions
Steel Authority Of India is rated 4.1 out of 5 stars on AmbitionBox, based on 571 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Steel Authority Of India
based on 521 reviews
4.0
Rated by 54 Women
Rated 4.2 for Job security and 4.1 for Work-life balance
4.1
Rated by 467 Men
Rated 4.3 for Job security and 4.0 for Work-life balance
Work Policy at Steel Authority Of India
based on 61 reviews in last 6 months
Work from office
89%
Hybrid
7%
Permanent work from home
4%
Steel Authority Of India Reviews
Top mentions in Steel Authority Of India Reviews
+ 5 more
Compare Steel Authority Of India with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.1/5 based on 571 reviews | 4.1/5 based on 7.2k reviews | 3.9/5 based on 5.7k reviews | 4.1/5 based on 2.6k reviews |
Highly Rated for | Job security Work-life balance Skill development | Job security Skill development Work-life balance | Job security Skill development | Job security Skill development Work-life balance |
Critically Rated for | No critically rated category | No critically rated category | Promotions | No critically rated category |
Primary Work Policy | Work from office 89% employees reported | Work from office 71% employees reported | Work from office 87% employees reported | Work from office 89% employees reported |
Rating by Women Employees | 4.0 Good rated by 54 women | 4.0 Good rated by 462 women | 3.8 Good rated by 258 women | 3.8 Good rated by 111 women |
Rating by Men Employees | 4.1 Good rated by 467 men | 4.1 Good rated by 6.3k men | 3.9 Good rated by 5.1k men | 4.1 Good rated by 2.3k men |
Job security | 4.2 Good | 4.1 Good | 4.1 Good | 4.0 Good |
View more
Steel Authority Of India Salaries
Steel Authority Of India salaries have received with an average score of 3.8 out of 5 by 571 employees.
Assistant General Manager
(72 salaries)
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₹12 L/yr - ₹45 L/yr
Deputy Manager
(62 salaries)
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₹10 L/yr - ₹25 L/yr
General Manager
(45 salaries)
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₹22.5 L/yr - ₹60 L/yr
Deputy General Manager
(44 salaries)
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₹15 L/yr - ₹48 L/yr
Junior Engineer
(20 salaries)
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₹4 L/yr - ₹10 L/yr
Chief General Manager
(13 salaries)
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₹30 L/yr - ₹60 L/yr
OCT
(12 salaries)
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₹3.7 L/yr - ₹10 L/yr
Supervisor
(11 salaries)
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₹1.1 L/yr - ₹7 L/yr
Junior Manager
(10 salaries)
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₹5 L/yr - ₹9 L/yr
HR Manager
(9 salaries)
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₹17 L/yr - ₹25 L/yr
Steel Authority Of India Interview Questions
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Steel Authority Of India News
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SAIL to optimise workforce at RSP
- Steel Authority of India (SAIL) has directed its Rourkela Steel Plant (RSP) to develop a five-year strategic workforce roadmap (SWR) for the period for 2025-26.
- RSP aims to cut the workforce strength by 5,000 to 6,000 employees, in an effort to become lean and achieve more cost efficiency.
- SAIL has identified high labour costs as a critical issue, accounting for over 11% of total expenses, and plans to improve labour productivity.
- RSP may introduce another voluntary retirement scheme (VRS) to further reduce staff, following the last VRS offered in 2019.
HRKatha | 20 Feb, 2025
Steel maker SAIL to set up new rail mill with $800 million investment: Chairman Prakash
- Steel maker SAIL is set to invest $800 million in setting up a new rail mill, despite not having any order indication from its largest buyer Indian Railways.
- The chairman, Prakash, expressed confidence in the growth-oriented policies of the government, stating that the railways will have to buy from SAIL if the mill is established.
- SAIL has been in talks with the railways for the past seven years to determine the future demand and plan rail production accordingly.
- SAIL currently produces rails at its Bhilai Steel Plant in Chhattisgarh and forged wheels at Durgapur Steel Plant in West Bengal.
HinduBusinessLine | 16 Feb, 2025
SAIL's $800 Million Bet On Rail Demand Signals Confidence In Market Growth
- SAIL is bullish on the demand for rails in the country and will invest $800 million to set up a new rail mill.
- The decision to invest in the new mill was made despite not having any order indication from Indian Railways, the largest buyer of SAIL.
- The Chairman expressed confidence in the growth-oriented policies of the government, stating that railways will continue to be a key market.
- SAIL has been following up with Indian Railways for the past seven years to plan rail production based on future demand.
Bloomberg Quint | 15 Feb, 2025
SAIL Q3 Results Review: Systematix Maintains 'Hold' On The Stock, Lowers Target Price — Here's Why
- Steel Authority of India Limited (SAIL) Q3 FY25 consolidated Ebitda at Rs 20.3 billion.
- 39% below estimate due to higher raw material costs, inventory losses, and purchases of stock in trade.
- SAIL's future growth would be driven by larger capacity expansions to take the capacity from 20mt currently to 35mt by 2031.
- Systematix Institutional Equities maintains 'Hold' on the stock and lowers the target price.
Bloomberg Quint | 13 Feb, 2025
Q3 Results Highlights: Bharat Forge, Natco Pharma report Q3 profits; Ashok Leyland posts 34.63% rise
- Ashok Leyland reported a net profit of Rs 18.48 crore in the October-December period a year ago, with total income falling to Rs 179.87 crore in Q3 this fiscal, compared to Rs 240.57 crore year-on-year.
- Bharat Forge also posted a profit of Rs 608.85 crore in the third quarter last fiscal.
- Natco Pharma recorded a net profit of Rs 70.24 crore in the same period a year ago.
- Patel Engineering reported a consolidated net profit of ₹1391.5 crore in Q3 FY25 as against ₹1145.3 crore in the previous year's quarter.
- Steel Authority of India Ltd (SAIL) saw a 66.5% decline in net profit to ₹141.9 crore in the Q3 of December 2024, despite a 4.9% rise in revenue from operations.
- Lupin Limited's shares were trading at ₹2,062.15, down by ₹5.45 or 0.26% on the NSE.
- Alpex Solar, Knowledge Marine, Indo Tech Transformers, Khazanchi Jewellers, Ceinsys Tech, and One Point One all reported good to excellent results for Q3, with varying growth rates in sales and profits.
- Gensol, however, reported weak results for the quarter ending December 2024, with a decrease in net profit on a QoQ basis.
- The Navratna PSU's consolidated net profit fell 64.8% to ₹86.1 crore in Q3FY25 from ₹244.7 crore in the same period last year.
- Company's standalone net profit varied across different organizations, with some reporting profits and others losses in the quarter ended December 2024.
- Overall, the performance of various companies varied in Q3, with some showing growth and others facing challenges.
HinduBusinessLine | 12 Feb, 2025
SAIL Shares Rally Despite Q3 Profit Miss
- SAIL's share price rose as much as 3.68% to Rs 103.7 apiece, the highest level since May. 22, 2024.
- Steel Authority of India Ltd.'s net profit slipped 62% in Q3, missing analysts' estimates.
- Revenue increased by 4.9% YoY to Rs 24,489 crore in the third quarter.
- Despite the profit miss, SAIL's share price continued to rally, trading 2.8% higher at Rs 102.8 apiece with a 10% upside in the 12-month consensus price target.
Bloomberg Quint | 12 Feb, 2025
Q3 Results Live: Vodafone Idea, IRCTC, Berger Paints, SAIL, NBCC, Lupin Shares Fall Ahead Of Earnings
- Vodafone Idea, IRCTC, Berger Paints, SAIL, NBCC, Lupin shares fall ahead of Q3 results.
- Vodafone Idea is expected to post a loss of Rs 6,890.3 crore for Q3.
- Vodafone Idea's revenue estimate for Q3 is Rs 11,363.3 crore.
- Other companies announcing Q3 results today include Bayer Cropscience, Birlasoft, Campus Activewear, Cello World, Cera Sanitaryware, Dalmia Bharat Sugar and Industries.
Bloomberg Quint | 11 Feb, 2025
Q3 Results Today: Vodafone Idea, IRCTC, NBCC, Ircon, SAIL Among 330+ Companies To Announce Earnings On Feb. 11
- As many as 334 companies to announce their financial statements for Q3 on Feb. 11.
- Key companies like Vodafone Idea, IRCTC, NBCC, Berger Paints will declare their financial results on this day.
- Other notable companies sharing results include Lupin, Zee Media and Devyani International.
- SAIL declared its Q3 earnings today. Its revenue fell by 17% YoY to Rs. 24,675 crore, while the net profit declined by 31% YoY to Rs. 897 crore.
- IRCTC announced an 8.1% increase in total income to Rs. 1,123 crore and net profit grew 4.5% to Rs. 307.9 crore.
- Berger Paints reported nearly flat revenue of Rs. 2,774 crore, with a YoY decline of 7.6% in its consolidated net profit to Rs. 270 crore.
- This comes as the busiest day of the ongoing Q3 earnings season, with the biggest companies from key performing sectors of the Indian economy sharing their financial reports.
- Other notable companies sharing their reports today include Bajaj Healthcare Ltd., Tata Investment Corporation, Lupin, ZEE Media and Devyani International.
- The earnings season has begun to gain steam in India, with many companies expected to post significant gains thanks to the economic recovery.
- Investors are looking forward to a strong earnings season, which is expected to support the market's recent rally.
Bloomberg Quint | 11 Feb, 2025
Vodafone Idea, Berger Paints, Lupin, SAIL, MOIL, Procter & Gamble Q3 Results Today — Earnings Estimates
- Vodafone Idea, Berger Paints, Lupin, SAIL, MOIL, and Procter & Gamble are scheduled to announce their Q3 earnings today.
- Vodafone Idea is expected to post a loss of Rs 6,890.3 crore with revenue of Rs 11,363.3 crore.
- Lupin is estimated to report a net profit of Rs 792.6 crore with revenue of Rs 5,686 crore.
- SAIL is projected to report a net loss worth Rs 231.8 crore with revenue of Rs 23,417.1 crore.
Bloomberg Quint | 11 Feb, 2025
Stocks To Buy Today: Vedanta, Torrent Pharma, Policy Bazar, United Spirits And SAIL
- Analysts recommend buying Vedanta, Torrent Pharma, Policy Bazar, United Spirits, and SAIL.
- Vedanta stock is advised to be purchased at Rs 455 with a target of Rs 472 and a stop loss of Rs 450.
- Torrent Pharma stock is recommended to be purchased at Rs 3,264 with a target of Rs 3,400 and a stop loss of Rs 3,130.
- Policy Bazar stock is advised to be purchased at Rs 1,724 with a target of Rs 1,900 and a stop loss of Rs 1,560.
- United Spirits stock is recommended to be purchased at Rs 1,423 with a target of Rs 1,460 and a stop loss of Rs 1,390.
- SAIL stock is advised to be purchased at Rs 111 with a target of Rs 116 and a stop loss of Rs 108.
Bloomberg Quint | 10 Feb, 2025
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Steel Authority Of India FAQs
When was Steel Authority Of India founded?
Steel Authority Of India was founded in 1954. The company has been operating for 71 years primarily in the Iron & Steel sector.
Where is the Steel Authority Of India headquarters located?
Steel Authority Of India is headquartered in Delhi/NCR, Delhi. It operates in 3 cities such as New Delhi, Chennai, Bangalore / Bengaluru. To explore all the office locations, visit Steel Authority Of India locations.
How many employees does Steel Authority Of India have in India?
Steel Authority Of India currently has more than 11,000+ employees in India. Production, Manufacturing & Engineering department appears to have the highest employee count in Steel Authority Of India based on the number of reviews submitted on AmbitionBox.
Does Steel Authority Of India have good work-life balance?
Steel Authority Of India has a work-life balance rating of 4.0 out of 5 based on 500+ employee reviews on AmbitionBox. 78% employees rated Steel Authority Of India 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Steel Authority Of India work-life balance reviews for more details
Is Steel Authority Of India good for career growth?
Career growth at Steel Authority Of India is rated as moderate, with a promotions and appraisal rating of 3.4. 22% employees rated Steel Authority Of India 3 or below, while 78% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Steel Authority Of India promotions/appraisals reviews for more detailed insights.
What are the pros of working in Steel Authority Of India?
Working at Steel Authority Of India offers several advantages that make it an appealing place for employees. The company is highly rated for job security, work life balance and company culture, based on 500+ employee reviews on AmbitionBox.
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