Steel Authority Of India (NSE:SAIL) ROCE %: 13.15% (As of Mar. 2026)

What is Steel Authority Of India ROCE %?

Steel Authority Of India NSE:SAIL -0.38% 78 ROCE % is 13.15% as of Mar. 2026. GuruFocus rates NSE:SAIL with a GF Score™ of 78/100 and a GF Value™ of ₹140.84 (Modestly Overvalued). The stock has 3 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Steel Authority Of India's annualized ROCE % for the quarter that ended in Mar. 2026 was 13.15%.

Steel Authority Of India (NSE:SAIL) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Steel Authority Of India ROCE % Related Terms

Steel Authority Of India ROCE % Historical Data

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The historical data trend for Steel Authority Of India's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Steel Authority Of India ROCE % Chart

Steel Authority Of India Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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23.20

5.90

7.69

6.81

7.30

Steel Authority Of India Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															10.30	6.93	4.74	4.68	13.15

78GF Score

Steel Authority Of India Ltd NSE:SAIL

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Steel Authority Of India ROCE % Calculation

Steel Authority Of India's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2026 )		(A: Mar. 2025 )		(A: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2026 )		(A: Mar. 2025 )		(A: Mar. 2026 )
	=	66636.6	/	( ( (1363709.4 - 461900.9)	+	(1358961.1 - 436204.9) )	/ 2 )
	=	66636.6	/	( (901808.5	+	922756.2)	/ 2 )
	=	66636.6	/	912282.35
	=	7.30 %

Steel Authority Of India's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	121353.6	/	( ( (0 - 0)	+	(1358961.1 - 436204.9) )	/ 1 )
	=	121353.6	/	( ( 0	+	922756.2 )	/ 1 )
	=	121353.6	/	922756.2
	=	13.15 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 13.15% mean?

Steel Authority Of India (NSE:SAIL) has a ROCE % of 13.15% as of Mar. 2026.

Is Steel Authority Of India's ROCE % too high?

Steel Authority Of India's current ROCE % is 13.15%. The Steel industry median ROCE % is 5.52. Steel Authority Of India's value of 13.15% is 138.2% above this industry median. Overall, Steel Authority Of India has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Steel Authority Of India's ROCE % compare to NUE and STLD?

Steel Authority Of India's ROCE % of 13.15% can be compared against companies in the Steel industry. The industry median ROCE % is 5.52. Steel Authority Of India's value of 13.15% is 138.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for a Steel company?

The median ROCE % among Steel companies is 5.52, based on 619 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Steel Authority Of India's current ROCE % of 13.15% is 138.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median ROCE % is 5.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Authority Of India's current ROCE % is 13.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Steel Authority Of India stock overvalued right now?

Based on GuruFocus' analysis, Steel Authority Of India (NSE:SAIL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹140.84, compared to a current price of ₹169.23 — trading 20.2% above its estimated fair value. The current ROCE % is 13.15% and 138.2% above the Steel industry median of 5.52. Steel Authority Of India's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Steel Authority Of India (NSE:SAIL), the current ROCE % is 13.15% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Steel Authority Of India (NSE:SAIL) Overvalued in 2026?

Based on GuruFocus' analysis, Steel Authority Of India stock appears to be overvalued. The current stock price of ₹169.23 is trading 20.2% above its estimated GF Value™ of ₹140.84. GuruFocus considers Steel Authority Of India to be Modestly Overvalued.

Key valuation signals for NSE:SAIL:

ROCE %: 13.15%
GF Value™: ₹140.84 vs. price of ₹169.23 (20.2% above fair value)
GF Score™: 78/100 with 3 warning signs
Industry Position: 138.2% above the Steel median

No single metric tells the full story. See the NSE:SAIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Steel Authority Of India Business Description

Industry Basic Materials Steel

Comparable Companies BOM:526371 BOM:532508 BOM:533758 BOM:512455 BOM:532144 BOM:532286 BOM:543299 NSE:KIOCL BOM:520111 BOM:504614 NUE XAMS:MT STLD BOM:500228 NSE:TATASTEEL RS TSE:5401 SHSE:600019 XKRX:005490 SHSE:600010

Other Exchanges 500113:India

Address Lodi Road, Ispat Bhawan, New Delhi, IND, 110003

Website https://www.sail.co.in

Steel Authority Of India Ltd is a steelmaker. The company produces flat steel products (including plates, sheets, coils, and galvanized plain), long steel products (rails, structural, wire rods, and merchant products), electric-resistance-welded pipes, and silicon steel sheets. Flat and long products account for the majority of the company's sales. The company runs five integrated steel plants and three alloy steel plants. The segments of the company include BSP, DSP, RSP, BSL, ISP, ASP, SSP, VISL and Others. It generates maximum of its revenue from the Indian domestic market.

78GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹169.23

Price

₹140.84

GF Value

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