Steel Authority Of India (BOM:500113) ROE %: 12.16% (As of Mar. 2026) — 127% Above Median


BOM:500113 Steel Authority Of India Ltd BOM:500113
78 GF Score
Price ₹169.20
GF Value ₹140.78
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Steel Authority Of India ROE %?

Steel Authority Of India BOM:500113 -0.47% 78 ROE % is 12.16% as of Mar. 2026, which is 127% above its 10-year median of 5.36. GuruFocus rates BOM:500113 with a GF Score™ of 78/100 and a GF Value™ of ₹140.78 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 618 Steel companies, Steel Authority Of India ranks better than 60.68% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Steel Authority Of India's annualized net income for the quarter that ended in Mar. 2026 was ₹73,419 Mil. Steel Authority Of India's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹603,559 Mil. Therefore, Steel Authority Of India's annualized ROE % for the quarter that ended in Mar. 2026 was 12.16%.

The historical rank and industry rank for Steel Authority Of India's ROE % or its related term are showing as below:

BOM:500113' s ROE % Range Over the Past 10 Years
Min: -7.14   Med: 5.36   Max: 24.58
Current: 5.7

During the past 13 years, Steel Authority Of India's highest ROE % was 24.58%. The lowest was -7.14%. And the median was 5.36%.

BOM:500113's ROE % is ranked better than
60.68% of 618 companies
in the Steel industry
Industry Median: 3.69 vs BOM:500113: 5.70

Steel Authority Of India  (BOM:500113) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=73418.8/603558.8
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(73418.8 / 1232539.6)*(1232539.6 / 1358961.1)*(1358961.1 / 603558.8)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.96 %*0.907*2.2516
=ROA %*Equity Multiplier
=5.41 %*2.2516
=12.16 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=73418.8/603558.8
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (73418.8 / 100072) * (100072 / 113261.6) * (113261.6 / 1232539.6) * (1232539.6 / 1358961.1) * (1358961.1 / 603558.8)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7337 * 0.8835 * 9.19 % * 0.907 * 2.2516
=12.16 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Steel Authority Of India ROE % Related Terms


Steel Authority Of India ROE % Historical Data

* Premium members only.

The historical data trend for Steel Authority Of India's ROE % 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 ROE % Chart

Steel Authority Of India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.58 4.00 5.48 4.09 5.66

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
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.49 5.06 2.87 2.57 12.16

BOM:500113 vs NUE, STLD, RS: ROE % Comparison

For the Steel subindustry, Steel Authority Of India's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Steel Authority Of India ROE % vs Steel Industry

For the Steel industry and Basic Materials sector, Steel Authority Of India's ROE % distribution charts can be found below:

* The bar in red indicates where Steel Authority Of India's ROE % falls into.


BOM:500113
78GF Score
Steel Authority Of India Ltd BOM:500113
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Steel Authority Of India ROE % Calculation

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

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=33728/( (589056.1+603558.8)/ 2 )
=33728/596307.45
=5.66 %

Steel Authority Of India's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=73418.8/( (0+603558.8)/ 1 )
=73418.8/603558.8
=12.16 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 12.16% mean?
Steel Authority Of India (BOM:500113) has a ROE % of 12.16% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Steel Authority Of India and its competitors. This is 127% above median its historical median of 5.36. According to the industry distribution chart, Steel Authority Of India ranks #243 out of 618 companies in the Steel industry, placing it in the top 39.3%.
Is Steel Authority Of India's ROE % too high?
Steel Authority Of India's current ROE % of 12.16% is 127% above median its 10-year median of 5.36. The Steel industry median ROE % is 3.69. Steel Authority Of India's value of 12.16% is 229.5% above this industry median. Based on the distribution chart, Steel Authority Of India ranks #243 out of 618 companies in the Steel industry, which is above the industry midpoint. 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 ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, Steel Authority Of India ranks #243 out of 618 companies for ROE %. This puts Steel Authority Of India in the upper half of its industry. The industry median ROE % is 3.69. Steel Authority Of India's value of 12.16% is 229.5% above this benchmark. While the company's 10-year median is 5.36 vs. the industry median of 3.69, Steel Authority Of India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Steel company?
The median ROE % among Steel companies is 3.69, based on 618 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Steel Authority Of India's current ROE % of 12.16% is 229.5% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Steel Authority Of India and its competitors. For the Steel industry, the median ROE % is 3.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Authority Of India's current ROE % is 12.16%, which is 127% above median its own 10-year median of 5.36. 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 (BOM:500113) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹140.78, compared to a current price of ₹169.20 — trading 20.2% above its estimated fair value. The current ROE % is 12.16%, which is 127% above median its 10-year median of 5.36 and 229.5% above the Steel industry median of 3.69. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Steel Authority Of India (BOM:500113), the current ROE % is 12.16% 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 (BOM:500113) Overvalued in 2026?

Based on GuruFocus' analysis, Steel Authority Of India stock appears to be overvalued. The current stock price of ₹169.20 is trading 20.2% above its estimated GF Value™ of ₹140.78. GuruFocus considers Steel Authority Of India to be Modestly Overvalued.

Key valuation signals for BOM:500113:

  • ROE %: 12.16% (127% above median its 10-year median of 5.36)
  • GF Value™: ₹140.78 vs. price of ₹169.20 (20.2% above fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 229.5% above the Steel median (#243 of 618)

No single metric tells the full story. See the BOM:500113 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Steel Authority Of India Business Description

Other Exchanges SAIL:India
Address Lodi Road, Ispat Bhawan, New Delhi, IND, 110003
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

Get the complete analysis for BOM:500113

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

₹169.20
Price
₹140.78
GF Value