Steel Authority of India cash flow

Latest FY26

Cash from operations: ₹19,039cr+90.0% on FY25
Capital spending: ₹8,758cr+40.8% on FY25
Free cash flow: ₹10,281cr+170.4% on FY25
Cash from financing: −₹11,403cr−₹4,424 cr in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	5,988	5,651	5,278	4,973
	—	2,158	2,793	2,474	2,037
	—	−373	−311	−317	−290
	—	−9.0	−7.0	−5.5	−5.2
	—	40.9	95.9	−389	−98.7
	—	5,718	3,488	−5,039	−8,435
	—	1,112	595	−2,999	−718
	—	−654	2,447	−1,647	−392
	—	−342	485	225	−406
	—	382	−4,829	993	−2,335
	—	1,325	−2,949	514	−1,297
	—	263	257	467	1.6
	—	−15.7	−291	−284	−424
	—	49.7	369	121	274
Cash from operating activities
	7,132	4,080	2,765	3,623	2,247
	—	15,643	7,794	−609	−7,116
	—	19,723	10,558	3,014	−4,869
	—	0.0	177	0.0	0.0
	—	0.0	7.0	0.0	0.0
	—	0.0	−74.7	0.0	0.0
	—	684	644	104	421
	—	19,039	10,023	2,911	−5,290
Cash from investing activities
	—	8,758	6,221	4,711	3,931
	—	661	844	503	409
	—	9.0	0.0	5.5	5.2
	—	217	0.0	196	202
	—	−28.1	0.0	−255	−55.9
	—	−7,899	−5,377	−4,261	−3,371
Cash from financing activities
	—	1,125	1,250	5,000	12,009
	—	9,311	2,040	60.8	0.0
	—	1,102	822	801	0.0
	—	1,454	2,398	2,157	2,080
	—	661	413	620	1,342
	—	−11,403	−4,424	1,362	8,587
	—	−263	222	12.3	−74.5
	—	−263	222	12.3	−74.5
	—	—	292	69.4	57.1
Reference items
	15,072	12,000	10,646	11,149	8,039
	12.9%	10.8%	10.4%	10.6%	7.7%
	10,281	10,281	3,802	−1,800	−9,221
	—	3,821	2,015	6,704	—
	₹24.89	₹24.89	₹9.20	−₹4.36	−₹22.32
	6.47×	—	—	—	—
	—	5.64×	4.23×	0.95×	−2.43×
	—	684	644	104	421
	—	1,454	2,398	2,157	2,080

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

SAIL₹161.00

Steel Authority of India Ltd.

· Metal & Mining

₹ CrorePeersTATASTEEL JSWSTEEL JINDALSTEL NATIONALUM NMDC VEDL HINDZINC HINDALCOMcap ₹66,502 Cr

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In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	4,972.6	5,278.4	5,650.7	5,987.7	—
+ Finance Costs	2,037.5	2,473.9	2,793.2	2,158.2	—
+ Interest Income	-290.1	-316.5	-311.1	-372.7	—
+ Dividend Income	-5.2	-5.5	-7.0	-9.0	—
+ Other Non-cash Items	-98.7	-389.4	95.9	40.9	—
Changes in Working Capital
+ Inventories	-8,434.9	-5,038.7	3,487.6	5,717.8	—
+ Trade Receivables — Non-current	-718.0	-2,999.2	594.7	1,111.6	—
+ Other Financial Assets — Current	-392.0	-1,647.5	2,447.1	-653.7	—
+ Other Financial Assets — Non-current	-405.7	224.9	485.1	-342.2	—
+ Trade Payables — Current	-2,334.7	993.5	-4,828.5	382.5	—
+ Other Financial Liabilities — Current	-1,297.4	514.0	-2,949.1	1,324.8	—
+ Other Financial Liabilities — Non-current	1.6	467.0	257.2	263.4	—
+ Provisions — Current	-424.4	-284.2	-291.0	-15.7	—
+ Provisions — Non-current	273.7	120.8	369.0	49.7	—
Cash from Operating Activities
Profit Before Tax (per I/S)	2,246.8	3,623.2	2,764.8	4,080.1	7,131.9
+ Total Adjustments (incl. Working Capital)	-7,115.6	-608.7	7,793.6	15,643.3	—
Cash from Operations (pre-tax)	-4,868.8	3,014.5	10,558.4	19,723.4	—
+ Interest Received — Operating	0.0	0.0	176.6	0.0	—
+ Dividends Received — Operating	0.0	0.0	7.0	0.0	—
+ Other Inflows / (Outflows) — Operating	0.0	0.0	-74.7	0.0	—
+ Income Taxes Paid	421.4	103.6	644.1	684.1	—
Cash from Operating Activities	-5,290.2	2,910.9	10,023.2	19,039.3	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	3,930.7	4,710.7	6,221.2	8,758.1	—
+ Disp of Fixed Assets	408.7	503.2	843.7	661.1	—
+ Dividends Received — Investing	5.2	5.5	0.0	9.0	—
+ Interest Received — Investing	201.9	196.1	0.0	216.8	—
+ Other Inflows / (Outflows) — Investing	-55.9	-254.6	0.0	-28.1	—
Cash from Investing Activities	-3,371.0	-4,260.6	-5,377.4	-7,899.2	—
Cash from Financing Activities
+ Proceeds from Borrowings	12,009.1	5,000.0	1,250.0	1,125.0	—
+ Repayment of Borrowings	0.0	60.8	2,039.9	9,311.0	—
+ Payment of Lease Liabilities	0.0	801.0	822.3	1,101.6	—
+ Interest Paid	2,080.0	2,156.6	2,398.4	1,454.5	—
+ Dividends Paid	1,342.4	619.6	413.1	660.9	—
Cash from Financing Activities	8,586.7	1,362.0	-4,423.6	-11,403.0	—
Net Changes in Cash (pre-FX)	-74.5	12.3	222.2	-262.9	—
Net Changes in Cash	-74.5	12.3	222.2	-262.9	—
Closing Cash	57.1	69.4	291.6	—	—
Reference Items
EBITDA	8,039.4	11,149.3	10,646.2	12,000.0	15,072.2
EBITDA Margin %	7.70	10.58	10.39	10.83	12.95
Free Cash Flow (CFO − Capex)	-9,220.9	-1,799.8	3,802.1	10,281.2	10,281.2
Free Cash Flow to Equity	—	6,704.5	2,015.0	3,820.5	—
Free Cash Flow per Basic Share	-22.32	-4.36	9.20	24.89	24.89
Price to Free Cash Flow	—	—	—	—	6.47
Cash Flow to Net Income	-2.43	0.95	4.23	5.64	—
Cash Paid for Taxes	421.4	103.6	644.1	684.1	—
Cash Paid for Interest	2,080.0	2,156.6	2,398.4	1,454.5	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.