SAILSteel Authority of India Limited Forensic Risk Analysis

Iron & Steel
Risk ClassWatch
Market Cap₹68,406 Cr
Primary DriverCompetitive Position
Flagium AI Risk Score
Early signs of stress detected. Not yet widespread, but initial deterioration is visible.
23 / 100
-5 QoQ
Improving
Sentinel Insight

Financial profile remains stable for now. Pressure is receding in competitive position. This suggests the risk profile is currently stabilizing. Risk levels are improving.

60.0th %ile (Sector)Accel: +0 Qtrs
Updated2026-06-02
Market View
₹205.85▲1.06%
PeriodQ4 FY26

Score Waterfall
Absolute contribution points of each forensic pillar to the final risk score. Derived from: Sector Baseline + Active Penalties - Mitigation Buffers.

Competitive Position
+10.6 pts
Stability Adjustment
+12.0 pts
Final Composite Risk23 / 100

Investment Risk Thesis

Historical Trend

Current risk score has risen from 5 → 23 over 13 quarters.

Expected Direction
🟢 Improving
Primary Deterioration Drivers
  • Inventory Stress
  • Industrial Margin Stress
  • Relative Growth Weakness
What to Watch Next Quarter
  • Operating profit margins
  • Inventory turnover
  • Operating cash flow

Active Risk Objects (8)

CriticalHigh
Industrial Margin Stress
📊 Earnings QualityAnnualActive for 4 Years
More Detail
Impact Weight12/15
MomentumPersistent
Last SignalQ3 FY2026
SAIL: EBITDA margin compressed by 3.5 bps YoY.

"Margins are in freefall. Operating costs are growing significantly faster than revenue."

Profit Collapse
📊 Earnings QualityQuarterlyActive for 4 Qtrs
More Detail
Impact Weight8/15
MomentumDecaying
Last SignalQ2 FY2026
SAIL: Net Profit collapsed by 53.3% from FY2025 Q2 to FY2026 Q2.

"Earnings quality is stabilizing. The reliance on non-operational items is receding."

Inventory Stress
📊 Earnings QualityAnnualActive for 2 Years
More Detail
Impact Weight15/15
MomentumDecaying
Last SignalQ2 FY2025
Inventory growth (35.1%) significantly outpaced revenue growth (-16.8%).

"Inventory overhang is clearing. Stock levels are normalizing as sales momentum returns."

Cash Conversion Deficit
📊 Earnings QualityAnnualActive for 2 Years
More Detail
Impact Weight6/15
MomentumDecaying
Last SignalFY2025
SAIL: OCF below Net Profit in 2/3 recent years.

"Cash conversion has normalized in the latest period. Operational cash flow is back in sync."

Working Capital Expansion
💧 Liquidity & CoverageAnnualActive for 2 Years
More Detail
Impact Weight10/15
MomentumDecaying
Last SignalQ2 FY2025
Working capital expansion detected: Receivable days increased by 25.7%.

"Working capital pressure is receding. Cash previously locked in operations is being released."

Relative Growth Weakness
📊 Earnings QualityAnnualActive for 4 Years
More Detail
Impact Weight12/15
MomentumPersistent
Last SignalQ4 FY2026
Revenue growth consistently lags behind sector median (12.8%).

"Early signs of earnings quality decay. Profitability is being driven by non-core items."

Low Interest Coverage
💧 Liquidity & CoverageQuarterlyActive for 7 Qtrs
More Detail
Impact Weight8/15
MomentumDecaying
Last SignalQ3 FY2026
SAIL: Low Interest Coverage Ratio of 1.74x in FY2026 Q3 (Threshold: 2.5x).

"The ability to cover interest is strengthening as earnings improve or debt is retired."

Revenue-Debt Divergence
🏛️ Solvency & LeverageAnnualActive for 1 Years
More Detail
Impact Weight6/15
MomentumDecaying
Last SignalFY2025
SAIL: Revenue fell 2.9% while Debt rose 1.7% in 2025 vs 2024.

"Debt servicing metrics have improved recently. The company is actively deleveraging."

Risk Trajectory
Historical 12-quarter risk trend (Q-11 to Q0) followed by a 2-quarter predictive funnel (Q+1, Q+2).
Loading Chart
Resilience Matrix
Diagnostic benchmarking comparing structural sensitivity and risk buffers against sector medians.
MetricValuevs SectorSignal
Volatility (σ)6.6711.41✅ RESILIENT
Sensitivity (ε_s)11.00✅ RESILIENT
Escalation Prob.5%5%✅ NEUTRAL
Safety Buffer+43.0+47.0📈 CRITICAL
Forensic Benchmark Context: Iron & Steel (n=11 peers)

Correlation Analysis
Visualizing the relationship between stock price movement and structural risk objects.

Loading Chart
Share Price
Risk Score (0-100)
Market Performance
₹205.85(+1.06%)
1M Divergence+9.23%
1 Week+0.99%
1 Month+11.5%
6 Months+55.78%
1 Year+59.49%
2 Year+32.52%
3 Year+154.54%
Sector Average (1M)+2.27%
Sentinel Forensic Assessment
ALGORITHMIC RISK PROFILE • NON-ADVISORY

The risk profile is Early Signals and currently improving. Recent structural triggers in competitive position suggest a building pressure on the underlying framework. Material forensic traces are visible in core structural metrics, indicating a progressive erosion of structural stability. Initial structural recovery is visible; monitor for a sustained return to resilience.

SAIL • MARKET STRUCTURE

Stage 2 — Advancing

The company is in a growth phase. Institutional sentiment is highly positive, supported by strong fundamentals and sustained risk reduction.

Stage Transition Prob.98%
Trend QualityStrong
Phase Progression
Phase Progression Score100%
Readiness LabelHigh (Phase Transition Imminent)
Probability of Advancing98%
CoinTree Momentum
Composite Z-Score+1.0595σ
Strong positive momentum leadership
Universe Rank
A cross-sectional rank of this stock's composite momentum score compared to all other tracked equities in the universe. A rank of #1 of 1035 means it has the strongest overall price momentum in the market.
#224 of 2716
Top 8.25% in momentum strength
Timeframe Sparklines
1W+1.0%
1M+11.5%
6M+55.8%
Weinstein Indicators
150 DMA₹156.03
200 DMA₹149.12
150 DMA Slope+5.6484%Rising
Relative Strength+61.27%Leading
Relative Turnover (RTR)1.7381
ParticipationHealthy

PEER COMPARISON

Ranked comparison against sector peers

Risk profile is broadly in line with the Sector Mean (19).
SAILSteel Authority of India Limited
23 Risk
Sector %ile60th
Delta-5
Active Flags8
Accel+0
Competitive Position

Watch

JINDALSTELJINDAL STEEL LIMITED
31 Risk
Sector %ile90th
Delta-5
Active Flags21
Accel+0
Governance

Watch

JAIBALAJIJai Balaji Industries Limited
35 Risk
Sector %ile100th
Delta0
Active Flags36
Accel+0
Earnings Quality

Watch

* Peer comparison is based on risk signals, not valuation or returns.

Risk Profiles

Solvency
10100th %ile
VS Sector Median (8.5)
Governance
10100th %ile
VS Sector Median (8.5)
Earnings Quality
10100th %ile
VS Sector Median (8.5)
Balance Sheet Stress
10100th %ile
VS Sector Median (8.5)
Competitive Position
329.6th %ile
VS Sector Median (8.5)
Growth Sustainability
10100th %ile
VS Sector Median (8.5)

Deterioration Timeline

2026

Relative Growth Weakness

2026

Industrial Margin Stress

2026

Relative Growth Weakness

2026

Industrial Margin Stress

2026

Relative Growth Weakness

2026

Relative Growth Weakness

2026

Industrial Margin Stress

2025

Inventory Stress

2025

Working Capital Expansion

2025

Cash Conversion Deficit

2025

Revenue-Debt Divergence

2024

Inventory Stress

2024

Industrial Margin Stress

2024

Working Capital Expansion

2024

Cash Conversion Deficit

Key Financials (INR Cr)

PeriodRevenueNet ProfitOCFDebt
FY2026111,7053,37319,03931,928
FY2025103,3542,37210,02336,934
FY2024106,4453,0672,91136,323
FY2023105,3982,177-5,29025,662