ContentsPerformancePerformance

SAILSAIL’’ss Expansion PlanExpansion Plan

CSR & Environment ManagementCSR & Environment Management

Awards & AccoladesAwards & Accolades

Annual Turnover of Rs.48681 crore Annual Turnover of Rs.48681 crore –– a growth of a growth of 7%.7%.Annual PBT Annual PBT –– Rs. 9403 crore Rs. 9403 crore ––decrease of 18%decrease of 18%Annual PAT of Rs.6175 crore decrease of 18%Annual PAT of Rs.6175 crore decrease of 18%Annual EBIDTA of Rs.10942 crore decrease of 16%Annual EBIDTA of Rs.10942 crore decrease of 16%PAT / Net worth PAT / Net worth –– 22%22%Debt / Equity Ratio : 0.27:1 as on 31.03.2009 Debt / Equity Ratio : 0.27:1 as on 31.03.2009

against 0.13:1 as on 31.03.2008.against 0.13:1 as on 31.03.2008.EPS of Rs. 14.95EPS of Rs. 14.95

Financial Results –FY-2008-09 vs. FY 2007-08

Rs. Crore January 09March 09

January 08March 08

Increase(+)Decrease(-)

% Change

TURNOVERTURNOVER 1300813008 1553015530 ((--)2522)2522 ((--) 16%) 16%

EBIDTAEBIDTA 25682568 40344034 ((--) 1376) 1376 ((--) 34%) 34%

PBTPBT 22872287 36653665 ((--)1378)1378 ((--)38%)38%

PATPAT 14871487 23772377 ((--) 890) 890 ((--) 37%) 37%

Financial Results –Q4 FY-2008-09vs. Q4 FY 2007-08

5706

9423

11469

9403

2000

4000

6000

8000

10000

12000

2005-06 2006-07 2007-08 2008-09

3665

2287

500

1500

2500

3500

Q4 FY08 Q4 FY 09

PBT (Rs. Cr.) PBT (Rs. Cr.)

Profit Before Tax of Rs.9403 crore in FY 2008-09 Q4 FY09 PBT – Rs.2287crore

Financial Performance

6202

7537

6175

10002000300040005000600070008000

2006-07 2007-08 2008-09

2377

1487

1000

2000

3000

Q4 FY 08 Q4 FY 09

PAT (Rs. Cr.) PAT (Rs. Cr.)

Profit after Tax of Rs.6175 crore in 2008-09.

Financial Performance

Q4 FY09 PAT – Rs1487 crore

39189

45555

48681

30000

33000

36000

39000

42000

45000

48000

'06-07 '07-08 '08-09Year

Unit : Rs Crore

15530

13008

10000

12000

14000

16000

18000

20000

Q4 07-08 Q4 08-09Year

Q4 FY09 Turnover of Rs13008 crore Turnover of Rs.48681 crore in FY 08-09

Best ever

Sales Turnover

Quarter-wise Profit

1257

22872377

843

1487

3665

500

1500

2500

3500

Q4 FY 08 Q3 FY 09 Q4 FY 09

(Rup

ees

in c

rore

)

PBT PAT

10967

12955

10942

5000650080009500

110001250014000

2006-07 2007-08 2008-09

4034

2658

1000

2000

3000

4000

5000

Q4 FY08 Q4 FY09

Earning Before Interest Depreciation and Tax Unit : Rs Crore

Borrowings

7539

6371

10841

5500

6000

6500

7000

7500

8000

31-12-08 31-03-090

100

200

300

400

500Borrow ingsInterest Cost

Borr

owin

gsBo

rrow

ings

Inte

rest

Cos

t Q

1In

tere

st C

ost

Q1

4298 4181

3045

7539

2000

3000

4000

5000

6000

7000

8000

31-03-06 31-03-07 31-03-08 31-03-09

Borrowing Annual

Year 31-03-2007 31-03-2008 31-03-2009D/E Ratio 0.24 0.13 0.27

Unit : Rs Crore

Investments

1612617714

4 8 34 8 0

15000

20000

31-12-2008 31-03-2009450

600

Investments Interest Earned

Shor

t Te

rm In

vest

men

t in

Ban

ks

Shor

t Te

rm In

vest

men

t in

Ban

ks

Inte

rest

Ear

ned

Q1

Inte

rest

Ear

ned

Q1

5645

9034

13136

17714

3000

6000

9000

12000

15000

18000

31-03-06 31-03-07 31-03-08 31-03-09

Investments Annual

Unit : Rs Crore

Performance Details

Sales of 11.32 million tones a decrease of 8% as compared to Sales of 11.32 million tones a decrease of 8% as compared to previous year.previous year.

Semis component in sales of saleable steel reduced to 12 % [ 5 Semis component in sales of saleable steel reduced to 12 % [ 5 ISPs] ISPs] -- a decrease of a decrease of 1% 1% as compared to previous year.as compared to previous year.

Saleable steel production of 12.50 million tones Saleable steel production of 12.50 million tones -- a decrease of a decrease of 4% as compared to previous year.4% as compared to previous year.

Hot Metal production of 14.44 million tonnes Hot Metal production of 14.44 million tonnes -- a decrease of 5% a decrease of 5% as compared to previous year.as compared to previous year.

Crude steel production of 13.41 million tones Crude steel production of 13.41 million tones -- a decrease of 4% a decrease of 4% as compared to previous year.as compared to previous year.

Special Steel Production 3.7 million tones Special Steel Production 3.7 million tones -- an increase of 11% an increase of 11% as compared to previous year.as compared to previous year.

Production through Concast 8.9million tones Production through Concast 8.9million tones -- a decrease of 1% a decrease of 1% as compared to previous year.as compared to previous year.

Coke Rate at 521 kg/T Coke Rate at 521 kg/T -- lower by 2% over CPLYlower by 2% over CPLY

Fuel Rate at 563 (kg/thm) Fuel Rate at 563 (kg/thm) ––lower as compared to CPLYlower as compared to CPLY

Energy Consumption 6.74 (G.Cal/tcs) Energy Consumption 6.74 (G.Cal/tcs) ––lower by 3% lower by 3% over Corresponding Period Last Year.over Corresponding Period Last Year.

Avg. Capacity utilisation (Saleable Steel)Avg. Capacity utilisation (Saleable Steel)–– 113%113%

Avg. Capacity utilisation (Hot Metal)Avg. Capacity utilisation (Hot Metal)–– 105%105%

Avg. Capacity utilisation (Concast Production)Avg. Capacity utilisation (Concast Production)–– 127127%%

Performance Highlights – 2008-09Major Techno Economic Parameters

Saleable Steel (in Million Tons)

12.613.0

12.5

10.0010.5011.0011.5012.0012.5013.00

'06-07 '07-08 '08-09

3.4 3.4

1.00

2.00

3.00

4.00

'07-08 '08-09

Jan-Mar09

Production

Including Special Steels Plants

Production of Value added materials of 5 ISPs

1.46

3.363.73

1

1.5

2

2.5

3

3.5

4

'06-07 '07-08 '08-09

0.9 0.9

0.5

1

Q4 FY 08 Q4 FY 09

Jan-Mar 09

Best ever

Special Steel Production

11% increase in production of Value Added Products

(in Million Tonnes)

Salable Steel Production Plant-Wise, Quarter-Wise

11901110

1178

454

428

477

551

40557

21007

865900

131

95 102

0

200

400

600

800

1000

1200

1400

Q4 FY09 Q3 FY09 Q4 FY08

BSP DSP RSP BSL ISP

(in Thousand Tonnes)

(Five Integrated Steel Plants Only)

2402

505

2402

319

1203

165

1203

1964

3289

887

1116

887

25

94

930

500

1000

1500

2000

2500

3000

3500

4000

4500

5000

BSP DSP BSP RSP BSL ISP

Semi FinishedFlat ProductsLong Products

Production of Saleable Steel Plant Wise Category wise

(in Million Tonnes)

Q4 FY 09 – 5 Integrated Steel Plants

Semis 18%

Flats 55%

Long 27%

Specific Energy Consumption (Gcal/TCS)

7.166.95

6.74

66.26.46.66.8

77.27.4

'06-07 '07-08 '08-09

6.7 6.7

66.26.46.66.8

77.27.4

Q4 FY08 Q4 FY09

Jan-Mar 09

TE Parameters

Reduction in Energy Consumption

Coke Rate (Kg/THM)

523

509

500

510

520

530

540

550

Q4 FY08 Q4 FY09

Continuous efforts to contain coke rate

541

533

521

500

510

520

530

540

550

560

'06-07 '07-08 '08-09

Coke Rate at 525 kg/T - lower by 2%

over CPLY

TE Parameters

200214 215

110

130

150

170

190

210

230

'06-07 '07-08 '08-09Manpower reduction over 7500 during 2008-09

Current manpower : 1.21 lakh as on 31.03.09.

Tonnes Crude Steel /man / year

Labour Productivity

2.5

2.9 3.0

3.5

2.5

3.0

3.8

2.7 2.6

2.4

3.6

3.0

1.5

2.0

2.5

3.0

3.5

4.0

Q1 Q2 Q3 Q4

2006-07 2007-08 2008-09Including Special Including Special

Steel PlantsSteel Plants

(In Million Tonnes)

Saleable Steel Sales Volume

1.1

0.50.6

0.1

1.3

0.9

1.2

0.7

1.0

0.4

0.6

0.3

0.6

0.10.1

0.0

0.5

1.0

1.5

Q4 FY09 Q3 FY09 Q4 FY08

BSP BSL DSP RSP ISPPlantPlant--wise, wise, Integrated Integrated Steel PlantsSteel Plants

(In million tonnes)

Saleable Steel Sales Volume

11.3

12.311.9

9.0

10.0

11.0

12.0

13.0

2006-07 2007-08 '08-09

Saleable Steel Sales Volume

Including Special Steel PlantsIncluding Special Steel Plants

3.8 3.6

0.0

1.0

2.0

3.0

4.0

Q4 FY08 Q4 FY09

(in million tonnes)

4.24.0

3.63.2

1.61.62.01.9

0.40.4

0.0

1.0

2.0

3.0

4.0

5.0

2008-09 2007-08

BSP BSL DSP RSP ISP

PlantPlant--wisewise

Saleable Steel Sales Volume

(In Million Tonnes)

Sales through Dealers NetworkNo. of Dealers and Districts CoveredNo. of Dealers and Districts Covered

625602

2406

1897

400

900

1400

1900

2400

31-03-2008 31-03-2009

Districts Covered

Dealers Appointed

During 2008-09, the volume has increased by over 65% to a level of 5.5 lakh tonne as compared to CPLY.

Sens

ex (

Poin

ts)

Shar

e Pr

ice

(Rs)

MonthClosing Share Price & Sensex as on the last day of the month

Performance of SAIL Share price vis-à-vis BSE Sensex

76

109

154

185

160

139 141

156

128

85

67

7883

96

9647942490939788

12860

1140314110

17287

8892

1456514356

16415

13461

9709

50

70

90

110

130

150

170

190

Apr0

8

May08

Jun0

8

July0

8

Aug0

8

Sept

08

Oct08

Nov08

Dec08

Jan0

9

Feb0

9

Mar09

Apr0

9

27May

09

7000

12000

17000

22000

27000

SAILSENSEX

Year Interim %

Final%

Total%

Dividend(Rs. in Crs)

2008-09

2007-08

2006-07

13.0

19.0

16.0

13.0(proposed)

18.04

15.0

26.0(proposed)

37.0

31.0

1074

1528

1280

Dividend

As per Govt. guidelines, profit making PSUs are required to declare dividend equal to 20% of PAT or 20% of paid-up capital,

which ever is more

EXPANSION AND

MODERNISATION PLAN

Road Map For Future

SAIL’s Expansion Plan

ParticularsParticularsMillion TonneMillion Tonne

20072007--08 08 (Actual)(Actual)

20112011--12 12 (Plan)(Plan)

Hot metalHot metal 15.215.2 2626

Crude SteelCrude Steel 14.014.0 24.524.5

Saleable SteelSaleable Steel 13.013.0 2323

Technology Current Status

After Expansion

BOF Steel making 77% 100%

CC Route 66% 100%

Pelletisation Plant No Yes

Coke Dry Quenching No Yes

Top Pressure Recovery Turbine No Yes

Auxiliary Fuel Injection in BF Partial coverage Full coverage

Desulphurization of Hot Metal Partly 100%

Thin Slab Casting - Compact Strip Mill No Yes

Beam Blank Casting No Yes

Coupled Pickling & Tandem Mill No Yes

Beneficiation Plant Partial Full

Expansion Plan : Technological Shift

Ongoing Projects

Total Total InvestmentInvestment expected to be Rs. 54,000 Crore expected to be Rs. 54,000 Crore approximately (US 11.0 Billion).approximately (US 11.0 Billion).

Financing in a manner that SAIL remains within Financing in a manner that SAIL remains within debtdebt-- equityequity ratio of 1:1.5.ratio of 1:1.5.

Total Capex for 2007Total Capex for 2007--08 was Rs. 2181 crore and the 08 was Rs. 2181 crore and the Capex for 2008Capex for 2008--09 is Rs. 5233 Crore. 09 is Rs. 5233 Crore.

Orders for Rs.36,000 crore approximately have already Orders for Rs.36,000 crore approximately have already been placed for various Modernisation / Expansion been placed for various Modernisation / Expansion Projects.Projects.

Various options for raising debt to finance the capex Various options for raising debt to finance the capex plant are being explored.plant are being explored.

Capex Plan for 2009Capex Plan for 2009--10 is Rs.10000 crore 10 is Rs.10000 crore approximately.approximately.

Ongoing Projects

Expected OutcomeExpected Outcome

Enhancement of Enhancement of Production Capacity and Market Production Capacity and Market ShareShare

World Class Technology and ProductsWorld Class Technology and Products

Improved Product mixImproved Product mix/ proportion of / proportion of value added value added products to increaseproducts to increase

Complete elimination of Complete elimination of SemiSemi--finished steelfinished steel

Enhanced Enhanced Pollution controlPollution control measures, with measures, with environmental conservationenvironmental conservation

Captive PowerCaptive Power generation capacity to increase from generation capacity to increase from 872 MW to 1922 MW872 MW to 1922 MW

Ongoing ProjectsThe Products to be added:The Products to be added:

Auto grade CR Products, Galvanealed Coils/ SheetsAuto grade CR Products, Galvanealed Coils/ Sheets

Plates/ Pipes to meet up to API 100 Grade specificationPlates/ Pipes to meet up to API 100 Grade specification

Universal Beams/ Heavy Beams in the sizes up to 1100 Universal Beams/ Heavy Beams in the sizes up to 1100 mm to support increasing Infrastructural requirements mm to support increasing Infrastructural requirements

Rails for MetroRails for Metro--Railways Railways

Increased production of Rails and wheels to meet the Increased production of Rails and wheels to meet the increasing requirements of Indian Railwaysincreasing requirements of Indian Railways

Quantum jump in Rounds and Structural production Quantum jump in Rounds and Structural production leading to elimination of entire semileading to elimination of entire semi--finished steelfinished steel

Wider Plates in the size of 4500 mmWider Plates in the size of 4500 mm

Plant Hot Metal (Mtpa) Saleable Steel (Mtpa)

2008-09 Actual

After Expansion

2008-09Actual

After Expansion

BSPBSP 5.395.39 7.507.50 4.494.49 6.536.53DSPDSP 2.112.11 3.503.50 1.791.79 2.832.83RSPRSP 2.202.20 4.504.50 1.991.99 3.883.88BSLBSL 4.024.02 7.447.44 3.383.38 6.536.53ISPISP 0.600.60 2.912.91 0.410.41 2.372.37VISLVISL 0.0.130.0.13 0.330.33 0.090.09 0.220.22ASPASP -- -- 0.170.17 0.430.43SSPSSP -- -- 0.180.18 0.340.34TotalTotal 14.4414.44 26.1826.18 12.5012.50 23.1323.13

Capacity increase after Expansion

SAIL’S Growth Plan 2011-12Saleable Steel Production CapacitySaleable Steel Production Capacity

Mill

ion

Tonn

eM

illio

n To

nne

4.5

1.8 2.03.4

0.4

2.0

1.01.9

3.1

2.0

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

BHILAI DURGAPUR ROURKELA BOKARO IISCO

Production 08-09 Planned Increase

6.5

3.9

2.42.8

6.5

SAIL’S Growth Plan 2010Saleable Steel Production Capacity Saleable Steel Production Capacity

Specialty Steel PlantsSpecialty Steel PlantsM

illio

n To

nne

Mill

ion

Tonn

e

0.090.17 0.18

0.13

0.260.16

0.000.050.100.150.200.250.300.350.400.450.50

VISL ASP SSP

Production 2008-09 Planned Increase

0.22

0.34

0.43

Total Existing .45 MT and After Expansion 1MT

RAILWAY MATERIALS

7.4%STRUCTURALS

15.0%

CR COILS / SHEETS

10.4%

COATED PRODUCTS

4.8%

ROUNDS / BARS23.3%

PIPES0.6%

PLATES16.4%

HR COILS / SHEETS

22.1%

Product Mix - Saleable Steel Production

PIPES0.5%

RAILWAY MATERIALS

8%

STRUCTURALS5.5%

CR COILS / SHEETS

8.7%

COATED PRODUCTS

2.8%

ROUNDS/BARS10.2%

SEMIS18.4%

PLATES20.5%

HR COILS / SHEETS

24.1%

FY2008-09

FY2011-12

IRON ORE LINKAGESIRON ORE LINKAGESMtpaMtpa

YearYear Hot Metal Hot Metal ProductionProduction

Iron Ore Iron Ore ConsumptionConsumption

Linkages of Iron Linkages of Iron OreOre

20072007--0808 14.414.4 2323 Existing MinesExisting Mines

20112011--1212 2626 4343

Existing Mines + Existing Mines + Raoghat, Chiria & Raoghat, Chiria & Taldih + Taldih + ThakuraniThakurani

20202020 ~ 60~ 60 100100

Existing Mines + Existing Mines + Raoghat, Chiria & Raoghat, Chiria & Taldih + Taldih + ThakuraniThakurani

Raw Materials

COAL LINKAGESCOAL LINKAGESMtpaMtpa

YearYear Hot Metal Hot Metal ProductionProduction

Coking Coal Coking Coal RequirementRequirement

Linkages for Coking CoalLinkages for Coking Coal

20072007--0808 14.414.4 13.813.8

Import Component Import Component –– 70% (80% 70% (80% through long term contracts through long term contracts from Australia, New Zealand from Australia, New Zealand and US and 20%from spot and US and 20%from spot market)market)Indigenous Indigenous –– 30% 30%

20112011--1212 2626 2323

--Import component to Import component to increaseincrease--Long term component to go Long term component to go up to 90% w.e.f. FY09up to 90% w.e.f. FY09--Existing mines to be worked/ Existing mines to be worked/ developeddeveloped--New alliances/ linkages/ New alliances/ linkages/ acquisitions to be exploredacquisitions to be explored

20202020 ~ 60~ 60 5050

Raw Materials

New Strategic Initiatives

• As per the approval of Union Cabinet for the proposal of merger BRL with SAIL, all the activities are being pursued to complete the merger in 2009.

• Action for merger of MEL with SAIL is under process.

79 villages have been adopted as Model Steel Villages across 8 states for exclusive development of Medical facilities, Education, Roads, Sanitation, Community Centre etc. and 15 such villages have already been completed.

Corporate Social Responsibility –Model Villages

Corporate Social Responsibility

Performance Highlights – SAIL CSR SAIL has established 32 Primary Health Centres, 9 Reproductive SAIL has established 32 Primary Health Centres, 9 Reproductive

and Child Health Centres, 35 Hospitals and 7 super Speciality and Child Health Centres, 35 Hospitals and 7 super Speciality Hospitals to provide specialized healthcare to almost 28 millionHospitals to provide specialized healthcare to almost 28 million people.people.

It has opened about 240 school in the steel townships to provideIt has opened about 240 school in the steel townships to provide modern education to about 76,000 children.modern education to about 76,000 children.

SAIL has adopted and providing assistance to over 1119 schools,SAIL has adopted and providing assistance to over 1119 schools, with more than 1,11,958 students of around 435 villages with more than 1,11,958 students of around 435 villages surrounding its units.surrounding its units.

In this endeavour, SAIL has achieved a Girl:Boy ratio of 1:1 forIn this endeavour, SAIL has achieved a Girl:Boy ratio of 1:1 for all all levels of education and a survival rate i.e. rate of retaining levels of education and a survival rate i.e. rate of retaining enrolled students of 90% in SAIL schools.enrolled students of 90% in SAIL schools.

For the financial year 2008For the financial year 2008--09, the budget for CSR was earmarked 09, the budget for CSR was earmarked as 2% of distributable surplus.as 2% of distributable surplus.

SAIL was adjudged a SAIL was adjudged a Finalist Finalist of of ‘‘Stivie Award Stivie Award –– 20092009’’..

Bhilai Steel Plant (BSP) Bhilai Steel Plant (BSP) –– SAILSAIL has been awarded has been awarded ““Golden Golden Peacock Award Peacock Award –– 20082008”” for CSR.for CSR.

Salem Steel Plant (SSP) Salem Steel Plant (SSP) –– SAILSAIL has been awarded has been awarded ““CSR AwardCSR Award”” by by Tamilnadu GovernmentTamilnadu Government for the year 2008for the year 2008--09 for its valuable 09 for its valuable contribution towards sociocontribution towards socio--economic upliftment of neglected economic upliftment of neglected section of society.section of society.

Performance Highlights – SAIL CSR

Outstanding Achievement for Rural and Community Development

Accolades

Accolades

SAIL Quality Circle Teams have won highest number of awards in SAIL Quality Circle Teams have won highest number of awards in the country at the International QC Meet in Bangladesh held in the country at the International QC Meet in Bangladesh held in OctOct’’08; 7 Excellent, 7 Extra Ordinary & 1 Meritorious Awards won 08; 7 Excellent, 7 Extra Ordinary & 1 Meritorious Awards won by SAIL teams.by SAIL teams.

SAIL is among the Top Companies for National Award for ExcellencSAIL is among the Top Companies for National Award for Excellence e in Corporate Governance 2008 by the Institute of Company in Corporate Governance 2008 by the Institute of Company Secretaries of India.Secretaries of India.

PHD Chamber Good Corporate Citizen 2008 has been bagged by PHD Chamber Good Corporate Citizen 2008 has been bagged by SAIL.SAIL.

SAIL has got Commendation Certificate on Good Corporate SAIL has got Commendation Certificate on Good Corporate Governance for the Year 2006Governance for the Year 2006--07 by SCOPE which was conferred on 07 by SCOPE which was conferred on 2121stst November 2008. November 2008.

Indian Institute of Metals (IIM) award conferred to four SAIL Indian Institute of Metals (IIM) award conferred to four SAIL professionals including the O P Jindal Award.professionals including the O P Jindal Award.

Accolades

•• 3 SAIL executives got declared 3 SAIL executives got declared ‘‘Metallurgist of the Metallurgist of the year/ young Metallurgist of the year by IIM.year/ young Metallurgist of the year by IIM.

•• First prize to Salem steel Plant amongst Secondary First prize to Salem steel Plant amongst Secondary steel plants/Alloy Steel Plants category by IIM.steel plants/Alloy Steel Plants category by IIM.

•• SAIL received Plaque from Institute of Chartered SAIL received Plaque from Institute of Chartered Accountants of India for the year 2007Accountants of India for the year 2007--08 for better 08 for better financial reporting practices and commended Annual financial reporting practices and commended Annual Report, in the category of the manufacturing and Report, in the category of the manufacturing and trading enterprises. trading enterprises.

PHD Chamber Good Corporate Citizen 2008 has been bagged by SAIL. The Award was presented by Hon’ble Central Cabinet

Minister Shri Pranab Mukherjee on 17th December 2008

Abbreviations used

ASPASP Alloy Steels PlantAlloy Steels Plant

BFBF Blast FurnaceBlast Furnace

BOFBOF Basic Oxygen FurnaceBasic Oxygen Furnace

BPLBPL Below Poverty LineBelow Poverty Line

BSLBSL BokaroBokaro Steel LimitedSteel Limited

BSPBSP BhilaiBhilai Steel PlantSteel Plant

CSCS Crude SteelCrude Steel

CPLYCPLY Corresponding Period Last YearCorresponding Period Last Year

DSPDSP Durgapur Steel PlantDurgapur Steel Plant

EBIDTEBIDT Earnings Before Interest Depreciation & TaxesEarnings Before Interest Depreciation & Taxes

G.Cal/tcsG.Cal/tcs Giga Calories per Giga Calories per tonnetonne of Crude Steelof Crude Steel

GoIGoI Government of IndiaGovernment of India

IISIIISI International Iron & Steel InstituteInternational Iron & Steel Institute

ISPISP IISCO Steel PlantIISCO Steel Plant

JPCJPC Joint Plant CommitteeJoint Plant Committee

Kg/Kg/thmthm Kilo Gram Per Kilo Gram Per TonneTonne of Hot Metalof Hot Metal

MELMEL Maharashtra Maharashtra ElektrosmeltElektrosmelt LimitedLimited

MTMT Million Million TonneTonne

MtpaMtpa Million Million TonneTonne Per AnnumPer Annum

PATPAT Profit After TaxProfit After Tax

PBTPBT Profit Before TaxProfit Before Tax

RDCISRDCIS Research & Development Centre for Iron & SteelResearch & Development Centre for Iron & Steel

RINLRINL RashtriyaRashtriya IspatIspat Nigam LimitedNigam Limited

RSPRSP Rourkela Steel PlantRourkela Steel Plant

SSPSSP Salem Steel PlantSalem Steel Plant

VISLVISL VisvesvarayaVisvesvaraya Iron & Steel PlantIron & Steel Plant

Abbreviations used

Statements / Data which do not relate to SAIL and are used / madStatements / Data which do not relate to SAIL and are used / made in this e in this

presentation are from sources which are considered reliable and presentation are from sources which are considered reliable and Company cannot Company cannot

be held for its authenticity. be held for its authenticity.

Further, statement describing the CompanyFurther, statement describing the Company’’s projections, estimates, expectations s projections, estimates, expectations

are are ““forward looking statementsforward looking statements”” within the meaning of applicable securities laws within the meaning of applicable securities laws

and regulations. Actual results may differ materially from thosand regulations. Actual results may differ materially from those expressed e expressed

depending on the circumstances / situations. depending on the circumstances / situations.

Major factors that could affect the CompanyMajor factors that could affect the Company’’s operations include, among others, s operations include, among others,

economic conditions affecting demand / supply and prices in the economic conditions affecting demand / supply and prices in the domestic and domestic and

global markets in which the Company operates, changes in Governmglobal markets in which the Company operates, changes in Government ent

regulations, tax laws and other statutes etc. regulations, tax laws and other statutes etc.

Disclaimer