| Steel Authority of India Limited SAIL is the leading steel-making company in India. It is a fully integrated iron and steel maker, producing both basic and special steels for domestic construction, engineering, power, railway, automotive and defense industries and for sale in export markets.
Ranked amongst the top ten public sector companies in India in terms of turnover, SAIL manufactures and sells a broad range of steel products, including hot and cold rolled sheets and coils, galvanised sheets, electrical sheets, structurals, railway products, plates, bars and rods, stainless steel and other alloy steels. SAIL produces iron and steel 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, including the Company's iron ore, limestone and dolomite mines. The company has the distinction of being India’s second largest producer of iron ore and of having the country’s second largest mines network. This gives SAIL a competitive edge in terms of captive availability of iron ore, limestone, and dolomite which are inputs for steel making.
SAIL's wide range of long and flat steel products are much in demand in the domestic as well as the international market. This vital responsibility is carried out by SAIL's own Central Marketing Organisation (CMO) that transacts business through its network of 37 Branch Sales Offices spread across the four regions, 25 Departmental Warehouses, 42 Consignment Agents and 27 Customer Contact Offices. CMO’s domestic marketing effort is supplemented by its ever widening network of rural dealers who meet the demands of the smallest customers in the remotest corners of the country. With the total number of dealers over 2000 , SAIL's wide marketing spread ensures availability of quality steel in virtually all the districts of the country.
SAIL's International Trade Division ( ITD), in New Delhi- an ISO 9001:2000 accredited unit of CMO, undertakes exports of Mild Steel products and Pig Iron from SAIL’s five integrated steel plants.
With technical and managerial expertise and know-how in steel making gained over four decades, SAIL's Consultancy Division (SAILCON) at New Delhi offers services and consultancy to clients world-wide.
SAIL has a well-equipped Research and Development Centre for Iron and Steel (RDCIS) at Ranchi which helps to produce quality steel and develop new technologies for the steel industry. Besides, SAIL has its own in-house Centre for Engineering and Technology (CET), Management Training Institute (MTI) and Safety Organisation at Ranchi. Our captive mines are under the control of the Raw Materials Division in Kolkata. The Environment Management Division and Growth Division of SAIL operate from their headquarters in Kolkata. Almost all our plants and major units are ISO Certified.
Integrated Steel Plants
Special Steel Plants
Subsidiary
Joint Ventures
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SAIL-Bansal Service Center Ltd.
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Bhilai JP Cement Ltd
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Bokaro JP Cement Ltd
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SAIL&MOIL Ferro Alloys (Pvt.) Limited
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S&T Mining Company Pvt. Ltd
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Modernisation and Expansion:
SAIL, is in the process of modernizing and expanding its production units, raw material resources and other facilities to maintain its dominant position in the Indian steel market. The objective is to achieve a production capacity of 26.2 MTPA of Hot Metal from the base level production of 14.6 MTPA (2006-07 – Actual).
Orders for all major packages of ISP & SSP and part packages of BSL, BSP, RSP & DSP Expansion have been placed and these packages are in various stages of implementation.
Objectives of Expansion Plan
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100% production of steel through Basic Oxygen Furnace (BOF) route
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100% processing of steel through continuous casting
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Value addition by reduction of semi-finished steel
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Auxiliary fuel injection system in all the Blast Furnaces
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State-of-art process control computerization / automation
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State-of-art online testing and quality control
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Energy saving schemes
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Secondary refining
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Adherence to environment norms
Production Target
The production target of hot metal, crude steel and saleable steel after Expansion is indicated below:
| Item |
Base Case (2006-07 Actual)
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After Expansion
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| (Million tonne /Annum) |
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Hot Metal
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14.6
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26.2 (23.5)
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Crude Steel
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13.5
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24.6 (21.4)
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Saleable Steel
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12.6
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23.1 (20.2)
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(Figures in bracket indicate capacity after implementation of ongoing phase of modernisation and expansion to be completed by 2012)
Amount spent on Expansion Plan and other Capital Schemes of SAIL (incl. subsidiary) during last 2 years are as follows:
| Year |
Amount
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2007-08
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Rs. 2181 Crores (US $ 0.44 billions)
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2008-09
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Rs. 5233 Crores (US $ 1.05 billions)
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Summary Financials
Market Capitalisation as on 31.03.10: US$ 22.67 billion
P&L (All figures in US $ billion)
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2006-07
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2007-08
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2008-09
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Revenues (Turnover)
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7.84
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9.11
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9.94
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EBITDA ( Gross Margin)
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2.19
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2.59
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2.24
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Net Income (Profit after tax)
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1.24
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1.50
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1.24
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Net Income margins (PAT/ Turnover)
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15.81%
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16.46%
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12.47%
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Balance Sheet (All figures in US $ billion)
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2006-07
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2007-08
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2008-09
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Shareholders funds including reserves
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3.44
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4.60
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4.77
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Cash and cash equivalents
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1.92
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2.75
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3.65
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