It is a case study on SAIL i.e. Steel Authority of India Ltd. It is a history of financial statement for the year 2014 and 2015. It also consist of comparision in 2014 and 2015.

1. Submitted by:
Rishabh Seth

2. INTRODUCTION
 “There is little bit of SAIL In
everybody life”.
 From Spoon to Satellites and From
Pins to Planes.
 Sail comprises of 5 integrated Steel
plant , 3 Special Plant & one
Subsidiary.
 SAIL was accorded the Status of “
“MAHARATNA” by the GOI in MAY
2010.
 IT had the “NAVARATNA” Status
Since 1997.
 SAIL was a “Public Sector
Enterprise”. India largest Steel

3. History of SAIL
Foundation of SAIL.
Steel sector being the backbone.
Steel Authority of India Limited Focusing
on the Infrastructure and rapid
industrialization.
Origin of SAIL.
Vision of SAIL.

4. Sailing in Rough winds
• SAIL had a sales turnover of 511.29 billion in 2014-
15.
• Debt-equity ratio spiked to 0.69 as on 31st March
2015 from 0.59 as on last year.
• The Profit After Tax during 2014-15 was 20.93
billion.
• SAIL had Liquid asset of 20 billion and Borrowings
of 298.98 billion as on March 31, 2015.
• India Rating & Research Pvt. ltd. And CARE gave
AAA rating- highest safety for long term
borrowings.
• FITCH gave BBB rating- good credit quality.

5. EMERGENCE OF SAIL
OIncorporation of SAIL.
OFormation of steel authority of India.
OBounce back of Chinese economy.
OSAIL’s declining sales.
OIncrease in current liabilities.
ORestructure of SAIL.

6. STEEL MANUFACTURING
PROCESS
Linz-Donawitz Process(LD Process).
Coke Oven Complex converted prime coking
coal and medium coking coal from various
mines.
Process was automated PLC7.
CCS(Continuous Casting Shop) has quality
Slab casting.
CRM(Cold Running Mill) used the State-Of-
The-Art.

8. • Will increase Steel production up to 300 MT by
2025 - a initiative by Govt. of India.
• The domestic demand was predicted to improve
the situation of the steel companies.
• Expansion of SAIL steel plants was expected to
boost the confidence of shareholders and also
lead to a brighter future of SAIL.

13. NET WORKING CAPITAL OF SAIL
Particular 2015 (In Cr.) 2014 (In Cr.)
Total Current
Assets
28,482.29 26,890.75
Total Current
Liabilities
34,456.78 28,340.28
Working Capital (5974.49) (1449.53)