Brief Overview of Steel Authority of India Ltd. (SAIL)
Brief Overview of Steel Authority of India Ltd. (SAIL)
(SAIL)
SAIL is India‟s Second largest steel producing company. With a turnover of Rs.
58,297 crore, the company is among the five Maharatnas of the country‟s Central
Public Sector Enterprises. SAIL has five integrated steel plants, three special plants
and one subsidiary in different parts of the country.
3. Nil Dividends declared in last three years due to not having profit.
4. A. Production
(in 000 T)
Year/Items Hot Metal Crude Steel Saleable Steel
2011-12 14116 13350 12400
2012-13 14266 13417 12385
2013-14 14447 13579 12880
2014-15 15413 13908 12842
2015-16 15721 14279 12381
2016-17 15726 14496 13867
2017-18 15938 15021 14074
9M 2018-19 12842 11928 10946
4. B. Financials
(In Rs. Crore)
YEAR / SALES EBIT PBT PAT NETWORTH
ITEMS TURNOVER DA
2011-12 50348 7658 5151 3543 39811
2012-13 49350 5621 3241 2170 41025
2013-14 51866 4951 3225 2616 42666
2014-15 50627 5586 2359 2093 43505
2015-16 43294 -2204 -7008 -4021 39196
2016-17 49180 672 -4851 -2833 36009
2017-18 58297 5184 -759 -482 35714
9M 2018-19 47944 7814 2626 1710 37440
5. EXPANSION & MODERNISATION OF SAIL:
Steel Authority of India Limited (SAIL) has undertaken Modernisation & Expansion of
its integrated steel plants at Bhilai, Bokaro, Rourkela, Durgapur & Burnpur and
special steel plant at Salem including raw material resources and other related
facilities. The Expansion Plan of SAIL, besides capacity enhancement, adequately
addresses the need of SAIL Plants towards eliminating technological obsolescence,
energy savings, enriching product mix, pollution control, developing mines &
collieries to meet higher requirement of key inputs, introduce customer centric
processes and have matching infrastructure facilities in the Plant to support higher
production volumes.
The Modernisation & Expansion Plan envisages increase in capacity of hot metal,
crude steel & saleable steel as follows:
(Million Tonnes per annum)
Items Capacity Before Capacity after
Expansion Expansion
Hot Metal 13.82 23.46
Crude Steel 12.84 21.40
Saleable Steel 11.07 20.23
The indicative investment for Modernization & Expansion is Rs. 61,870 crore.
Besides, provision of Rs.10,264 crore has been made towards investment in existing
mines under Raw Materials Division (RMD) & development of Rowghat mine.
Under the Modernisation & Expansion Plan of SAIL, new large size Blast Furnaces
(>4000 m3), new state-of-the-art Rolling Mills such as Universal Rail Mill and Bar &
Rod Mill at Bhilai Steel Plant, 4.3m wide Plate Mill at Rourkela Steel Plant, Universal
Section Mill and Wire Rod & Bar Mill at IISCO Steel Plant, Medium Structural Mill and
Bloom cum Round Caster at Durgapur Steel Plant and Cold Rolling Mill with coupled
Pickling Line & Tandem Cold Mill at Bokaro Steel Plant have been installed.
At Bhilai Steel Plant, major facilities under Modernisation & Expansion have been
completed and the integrated process route is in operation. Hon‟ble Prime Minister of
India dedicated the Modernized and Expanded Bhilai Steel Plant to the Nation on
14.6.2018.
6. SAIL CORPORATE SOCIAL RESPONSIBILITY
The company shall strive to integrate its business values and operations in an
ethical and transparent manner. It will demonstrate its commitment to sustainable
development and to meet the interests of its stakeholders. The Company committed
to continuously improving its social responsibilities, environment and economic
practices to make positive impact on the society.
Create value for the stakeholders and society that are fundamentally linked
to SAIL‟s core business strategies and operations through its services,
conduct & initiatives for their sustainable development.
Enhance value creation for the community in which it operates by
identifying with the hamlet and foster goodwill towards the Company from
those living along the periphery by enhancing the quality of life of people in
the direct impact zone.
Support the community by assisting the underprivileged.
Carry out developmental initiatives in order to meet the calls of the present
without compromising the ability of future to meet its needs.
Support local populace by building the image of SAIL as patron of diverse
pastoral sports, art & cultures.
To operate in a socially, environmentally and economically responsible
manner, so as to succeed by seeking social license.
All the CSR activities/projects fall in line with Schedule VII of the Companies
Act, 2013 focusing on issues which are of foremost concern in the national
development agenda:
Education :
- Mid-day meals provided in 630 Govt. Schools covering around 68,000
children on daily basis in Bhilai & Rourkela in association with Akshya
Patra Foundation & State Government.
- 6 Schools have been set up at the plant locations which are exclusively for
children of under-privileged background. 1600 children are being provided
free Education, Books, Uniform, Meal, etc. in these schools.
- More than 500 Tribal children are getting free Education, Accommodation,
Meals & Uniforms, textbooks, etc. at Saranda Suvan Chhatravas,
Kiriburu; RTC Residential Public School, Manoharpur; Gyanodaya
Chhatravas, BSP School Rajhara, Bhilai; Birhore children at Gyanjyoti
Yojna, Bokaro.
Health-Care :
- Kalyan Chikitsalyas: 7 exclusive Health Centers for under-privileged
/Backward people are providing free treatment and medicines to more
than 100,000 villagers per year.
The details of expenditure on CSR activities during last five years are as follows:
(Amount Rs/Crore)
1 2014-15 35.04
2 2015-16 76.16
3 2016-17 29.05
4 2017-18 25.70
2. Schedule (A/B/C/D/Uncategorized) A
Designation Category
(Functional
/Governme
nt/Indepen
dent
Functional Directors
Official Director
Non-Official Directors
10. Non-Official Part- Independe Prof. Ashok Gupta 06.06.1957 18.11.2015 17.11.2019
time Director nt Director
12. Non-Official Part- Independe Mrs. Anshu Vaish 04.09.1952 18.11.2015 17.11.2019
time Director nt Director
13. Non-Official Part- Independe Dr. Samar Singh 20.06.1960 04.02.2017 03.02.2020
time Director nt Director
16. Non-Official Part- Independe Shri N.K. Taneja 07.04.1955 22.09.2017 21.09.2020
time Director nt Director
17. Non-Official Part- Independe Shri K.K. Gupta 01.03.1956 21.12.2018 20.12.2021
time Director nt Director
Note: Details of vacant posts of Directors: 1 post of Director (Finance) and 1 post of Independent
Director