Steel Authority of India Limited (SAIL), a leading public sector steel producer, has reported its best-ever sales for the period of April 2025 to February 2026 (an 11-month period). During this time, the company achieved record total sales of 18.24 million tonnes (MT), representing a 14% year-on-year (y-o-y) growth. Additionally, SAIL recorded its highest ever cash collection of Rs 1.11 lakh crore, a 10% y-o-y increase. This period also saw significant improvements in retail sales, stockyard sales, and door deliveries, highlighting a customer-centric approach.
In February 2026 specifically, SAIL achieved total sales of 1.58 MT. The company also managed to reduce its inventory by 1.05 lakh tonnes compared to January 2026 and lowered its borrowings by Rs 1000 crore. In response to market demand, SAIL has reintroduced the production of chequered plates, with these being manufactured for the first time at its Bokaro Steel Plant in Jharkhand. Dr. AK Panda, Director (Finance) with additional charge of Director (Commercial), stated that the company is prepared to adapt and grow with the market, emphasizing financial discipline through inventory and working capital management as a key strength. He also noted that record sales and cash collections reflect customer trust.
Key Entities Referenced
Steel Authority of India Limited (SAIL): A major public sector steel producing company whose sales performance and product portfolio expansion are the primary subjects of the policy.
Ministry of Steel: The governmental body overseeing the steel sector in India, indicating the policy's origin and authoritative context.
Bokaro Steel Plant: A specific manufacturing facility of SAIL where the reintroduction of chequered plates is taking place, highlighting a key operational aspect.
Jharkhand: The state where the Bokaro Steel Plant is located, specifying the geographical area of impact for this particular production.
Ministry of Steel
SAIL posts best-ever Apr’25 – Feb’26 Sales,
expands product portfolio with reintroduction of
chequered plates
Posted On: 11 MAR 2026 1:55PM by PIB Delhi
Steel Authority of India Limited (SAIL), the largest public sector steel producing Maharatna company, has
clocked the best ever sales in FY’26 during the Apr - Feb (11 month) period. The company achieved
record total sales of 18.24 million tonnes (MT), registering a 14% year-on-year (y-o-y) growth. During the
same period, SAIL also achieved the highest ever cash collection of Rs 1.11 lakh crore reflecting a 10% y-
o-y growth. The retail sales, stockyard sales and door deliveries all witnessed significant improvement
during the period, underlining company’s strong customer-centric approach.
In February 2026, the company achieved total sales of 1.58 MT. The company reduced its inventory by
1.05 lakh tonnes compared to January 2026 and lowered its borrowings by Rs 1000 crore.
Responding to specific market requirements, SAIL has reintroduced the production of chequered plates,
catering to the demand from relevant sector. For the first time, chequered plates are being produced from
SAIL’s Bokaro Steel Plant located in Jharkhand.Commenting on these, Dr AK Panda, Director (Finance) with additional charge of Director (Commercial)
said, “We are ready to adapt and grow with the market. By managing inventory and working capital
smartly, we are showing financial discipline that strengthens the company’s foundation. At the same time,
our record sales and cash collections are proof of the trust our customers place in us.”
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AG
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