Maharatna PSU Stock, SAIL Share Price Target: State-owned steel maker firm Steel Authority of India (SAIL) on Friday reported its financial earnings for the first quarter of FY26.
For Q1FY26, the largest domestic steel producer PSU firm posted a net profit of Rs 744.58 crore, an increase from the Rs 81.78 crore profit recorded in the same quarter last year.
The company’s income also rose to Rs 26,083.90 crore during April–June 2025, compared to Rs 24,174.80 crore in the corresponding period of the previous fiscal. Now what should investors do with the PSU stock? Here’s what analysts recommend:
Even with multifold performance in net profit, analysts at Morgan Stanley downgraded the share price target by almost 20 per cent, maintaining its stance at ‘underweight.’ The brokerage has revised the target to Rs 105, a 19.84 per cent decrease from Friday’s (July 25) closing.
Analysts at Morgan Stanley stated that the Maharatna PSU’s EBITDA came in 16 per cent below consensus estimates, and adjusted EBITDA was 22 per cent lower, indicating a underperformance.
SAIL Q1 earnings highlights
- SAIL Q1 Net Profit: Rs 744.58 crore, up from Rs 81.78 crore YoY (over 8x increase)
- SAIL Q1 Revenue: Rs 26,083.90 crore, up from Rs 24,174.80 crore YoY
- Total Expenses: Rs 25,189.19 crore against Rs 23,871.60 crore YoY
SAIL Stock Update
On Friday, the stock plummeted over 4 per cent to Rs 130.40–apiece on NSE, and over 10 per cent in the last one year. In the past five years, the PSU stock surged 283.53 per cent.