Tata Steel Ltd

Tata Steel Ltd

₹ 217 -1.94%
15 May - close price
About

Tata Steel Ltd is Asia's first integrated private steel company setup in 1907.[1]
The company has presence across the entire value chain of steel manufacturing from mining and processing iron ore and coal to producing and distributing finished products.[2]
The company has a target to increase domestic steelmaking capacity to 30 MnTPA by 2025.[3]

Key Points

Products and Brands
The company manufactures flat products like HR coils, CR coils, galvanised steel, and long products like wire rods, rebars, ferro alloys, tubes, bearings, wires, etc. [1]
Its products are sold under 20 brands, including Tata Astrum, Tata Tiscon, Galvano, Tata Steelium, Tata Structura, Tata Agrico, Tata Wiron, Tata Pravish, etc. [2]

  • Market Cap 2,70,693 Cr.
  • Current Price 217
  • High / Low 224 / 150
  • Stock P/E 16.0
  • Book Value 109
  • Dividend Yield 1.84 %
  • ROCE 14.0 %
  • ROE 12.9 %
  • Face Value 1.00

Pros

  • Company has been maintaining a healthy dividend payout of 30.7%

Cons

  • The company has delivered a poor sales growth of 10.7% over past five years.
  • Company has a low return on equity of 12.1% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
38,048 35,487 34,198 34,686 36,541 32,958 32,399 32,760 34,399 31,014 34,680 35,578 38,448
29,393 28,779 27,292 26,392 28,462 26,182 25,790 25,260 27,420 23,895 26,531 27,847 28,975
Operating Profit 8,655 6,708 6,905 8,293 8,079 6,776 6,610 7,500 6,979 7,119 8,148 7,731 9,473
OPM % 23% 19% 20% 24% 22% 21% 20% 23% 20% 23% 24% 22% 25%
-214 1,473 -12,171 336 -161 138 865 310 32 336 211 431 89
Interest 1,096 1,020 1,116 1,038 926 925 1,133 1,080 1,101 1,271 1,237 1,290 1,318
Depreciation 1,504 1,484 1,482 1,519 1,522 1,524 1,556 1,556 1,618 1,627 1,718 1,826 1,897
Profit before tax 5,842 5,677 -7,864 6,071 5,471 4,465 4,786 5,175 4,293 4,558 5,403 5,046 6,346
Tax % 29% 8% 8% 23% 25% 25% 25% 25% 26% 23% 25% 24% 27%
4,172 5,214 -8,491 4,699 4,091 3,331 3,591 3,879 3,169 3,523 4,060 3,822 4,660
EPS in Rs 3.41 4.27 -6.95 3.82 3.28 2.67 2.88 3.11 2.54 2.82 3.25 3.06 3.73
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
41,785 38,269 47,993 59,617 70,611 60,436 84,133 129,021 142,913 140,933 132,517 139,720
31,776 30,871 36,117 43,450 50,048 45,574 57,009 77,892 114,643 110,944 104,651 107,248
Operating Profit 10,009 7,398 11,876 16,167 20,563 14,862 27,124 51,130 28,271 29,989 27,865 32,472
OPM % 24% 19% 25% 27% 29% 25% 32% 40% 20% 21% 21% 23%
2,474 -1,044 -289 -2,991 2,291 -1,299 1,496 1,217 1,750 -375 1,345 1,067
Interest 1,976 1,848 2,689 2,811 2,824 3,031 4,541 2,792 3,975 4,101 4,238 5,117
Depreciation 1,998 2,962 3,542 3,727 3,803 3,920 5,469 5,464 5,956 6,009 6,253 7,069
Profit before tax 8,509 1,543 5,357 6,638 16,227 6,611 18,610 44,091 20,090 19,505 18,719 21,353
Tax % 24% 38% 36% 37% 35% -2% 8% 25% 27% 20% 25% 25%
6,439 956 3,445 4,170 10,533 6,744 17,078 33,011 14,685 15,662 13,970 16,065
EPS in Rs 5.72 0.85 3.06 3.70 9.35 5.99 14.27 27.03 12.02 12.55 11.19 12.87
Dividend Payout % 12% 81% 28% 27% 14% 17% 18% 19% 30% 29% 32% 31%
Compounded Sales Growth
10 Years: 14%
5 Years: 11%
3 Years: -1%
TTM: 5%
Compounded Profit Growth
10 Years: 29%
5 Years: 1%
3 Years: 4%
TTM: 16%
Stock Price CAGR
10 Years: 21%
5 Years: 13%
3 Years: 27%
1 Year: 38%
Return on Equity
10 Years: 14%
5 Years: 15%
3 Years: 12%
Last Year: 13%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 971 971 971 1,146 1,146 1,146 1,199 1,222 1,222 1,249 1,249 1,249
Reserves 65,692 47,941 48,688 62,644 71,584 75,692 93,986 124,211 135,386 139,981 125,483 134,285
28,198 30,844 28,285 28,126 29,701 41,423 37,065 36,525 43,304 43,837 63,223 69,049
21,001 25,359 33,522 33,199 35,067 32,132 48,240 60,028 62,782 62,860 64,177 68,165
Total Liabilities 115,864 105,114 111,465 125,114 137,498 150,393 180,491 221,986 242,696 247,926 254,133 272,747
25,249 50,088 72,567 71,729 71,222 71,233 97,143 94,290 97,423 98,406 99,479 116,687
CWIP 23,037 28,206 6,164 5,673 5,796 8,247 10,908 14,542 22,169 28,095 34,860 19,220
Investments 53,164 11,785 13,666 24,277 39,407 50,096 36,184 43,498 42,436 66,826 72,699 94,529
14,414 15,035 19,069 23,435 21,073 20,816 36,255 69,656 80,668 54,600 47,094 42,312
Total Assets 115,864 105,114 111,465 125,114 137,498 150,393 180,491 221,986 242,696 247,926 254,133 272,747

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
4,852 7,372 11,167 11,791 15,193 13,454 37,555 41,986 13,506 27,325 23,880 31,961
-2,382 -4,352 -3,956 -12,273 -16,350 -17,635 -13,665 -34,168 -14,794 -15,702 -34,606 -25,663
-2,957 -2,540 -7,280 4,166 -2,887 4,630 -23,385 -7,368 -5,193 -8,277 9,281 -6,497
Net Cash Flow -487 480 -69 3,684 -4,044 449 504 450 -6,481 3,345 -1,445 -199
Free Cash Flow -1,021 2,626 7,961 9,277 11,535 8,877 35,325 35,830 4,470 16,670 13,549 31,966
CFO/OP 69% 116% 107% 88% 96% 103% 140% 104% 65% 108% 94% 111%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 4 11 15 11 7 6 12 9 7 4 4 4
Inventory Days 252 242 310 223 195 213 191 194 140 154 154 160
Days Payable 182 210 325 227 190 210 199 205 112 126 139 174
Cash Conversion Cycle 74 43 1 7 12 8 4 -2 35 32 20 -10
Working Capital Days -55 -106 -70 -63 -35 -93 -45 -72 -44 -50 -69 -87
ROCE % 9% 6% 11% 15% 19% 10% 18% 32% 14% 14% 13% 14%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
CO2 Emission Intensity - India (Standalone)
tCO2/tcs

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Coke Rate - India (Standalone)
kg/thm
Consolidated Steel Deliveries
million tons
Lost Time Injury Frequency Rate (LTIFR)
per million-man hours
Specific Energy Consumption - India (Standalone)
GJ/tcs
Global Crude Steel Capacity
MTPA
Tata Steel India Deliveries
million tons
Tata Steel Netherlands (TSN) Deliveries
million tons
Tata Steel UK (TSUK) Deliveries
million tons
India Domestic Crude Steel Capacity
MTPA

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
33.90% 33.90% 33.70% 33.19% 33.19% 33.19% 33.19% 33.19% 33.19% 33.19% 33.19% 33.19%
20.28% 20.31% 20.01% 19.61% 19.68% 19.25% 18.53% 18.29% 17.22% 17.29% 17.49% 18.58%
20.96% 22.20% 23.15% 23.51% 23.33% 22.67% 23.52% 24.48% 26.07% 26.92% 26.98% 26.67%
0.16% 0.16% 0.16% 0.16% 0.18% 0.18% 0.18% 0.18% 0.18% 0.18% 0.18% 0.18%
24.70% 23.43% 22.99% 23.52% 23.60% 24.69% 24.55% 23.84% 23.31% 22.42% 22.14% 21.36%
No. of Shareholders 36,92,75038,04,72839,92,60947,17,44252,69,35459,87,13961,59,77960,25,70958,23,94255,05,58153,59,97152,21,338

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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