Steel Authority of India Limited (SAIL) has outlined its strategic priorities for FY27, with a sharper focus on value-added and special steel products, customer engagement, cost optimisation and continued volume expansion, the Ministry of Steel said in a statement on Monday, 8 June.
The ministry said SAIL’s FY27 priorities build on the momentum of FY26 and remain aligned with the government’s Viksit Bharat@2047 vision.
The update comes after SAIL announced its FY26 financial results.
Despite challenges linked to emerging global volatility, the company reported EBITDA growth of 11.75% in FY26 over the corresponding period last year.
SAIL’s Profit After Tax rose by nearly 50%, while Profit Before Tax increased by around 44% during FY26.
The company also reduced debt by ₹8,148 crore over the corresponding period last year.
SAIL Chairman and Managing Director Ashok Kumar Panda said the FY26 performance reflected the combined impact of marketing initiatives, production improvements, efficiency gains and better financial strategies.
“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,” Panda said.
He added that the company’s focus will remain on customer orientation, cost optimisation and expansion of its special steel portfolio to support India’s infrastructure and industrial needs.
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“Going forward, our emphasis will remain on customer focus, cost optimization 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,” he said.
During FY26, SAIL undertook several initiatives aimed at improving competitiveness and resilience.
These included expansion of retail networks, customer outreach and delivery innovations, export and market diversification, warehouse modernisation, product diversification, improvement in techno-economic parameters and brand promotion.
The ministry said SAIL achieved its best-ever techno-economic parameters in areas such as coke rate, fuel rate, blast furnace productivity and specific energy consumption.
SAIL also developed 28 new products during the year, expanding its product basket and strengthening its ability to serve different customer segments.
The ministry said these measures reinforced the company’s market position and laid the foundation for sustained growth.
Looking ahead, the ministry said SAIL remains committed to sustainable steelmaking, adoption of more environment-friendly technologies and growth in profitability.
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