Building on strong momentum of FY26, the Steel Authority of India Limited (SAIL) has outlined its strategic priorities for FY27 and is prioritising an increase in the share of value‑added and special steel products with sharper focus on customer engagement and cost optimisation.
The company remains committed to its volume expansion plans that are aligned with the central government’s vision of Viksit Bharat@2047. This comes at the back of the recent announcement of its FY26 financial results.
Despite challenges arising out of emerging global volatility, SAIL has delivered a robust EBITDA growth of 11.75 per cent in FY26 over the corresponding period last year, read a statement.
The company’s Profit After Tax (PAT) and Profit Before Tax surged by ~50 per cent and ~44 per cent respectively during FY26 while simultaneously reducing debt by ₹8,148 crore over CPLY.
“Our performance in FY26 reflects the combined effect of marketing initiatives, production improvements, efficiency gains and better financial strategies, which have strengthened both the top line and bottom line. The company’s financial health is sound and with strong group synergy, we are well-positioned to achieve our FY27 targets,” SAIL Chairman & Managing Director Dr Ashok Kumar Panda said in a statement.
He added, “Going forward, our emphasis will remain on customer focus, cost optimisation and expanding our portfolio of special steels to support India’s growing infrastructure and industrial needs. At the same time, we will continue to reduce working capital borrowings, which have already contributed to a significant improvement in profitability.”
During FY26, the company undertook several key initiatives that enhanced its competitiveness and resilience, including expanding retail networks, customer outreach and delivery innovations, export and market diversification, modernising warehouses, diversifying product offerings, improving techno-economic parameters and brand promotions among others, the statement added.
The company remains focused on becoming a more sustainable steelmaker and committing to the environmental goals. It has achieved best‑ever techno‑economic parameters in areas such as coke rate, fuel rate, blast furnace productivity and specific energy consumption, reflecting continuous operational excellence.
In addition, 28 new products were developed, enlarging SAIL’s product basket and reinforcing its ability to serve diverse customer segments.
Altogether, such measures reinforce its market position and laid the foundation for sustained growth. The company now remains committed to the path of sustainable steelmaking, adopting more environment‑friendly technologies and achieving growth in profitability.