Tata Steel Long Products Ltd

About [ edit ]

Tata Steel Long Products is engaged in the Business of Manufacture of basic iron & steel.

  • Market Cap 3,531 Cr.
  • Current Price 778
  • High / Low 876 / 214
  • Stock P/E 15.2
  • Book Value 431
  • Dividend Yield 0.00 %
  • ROCE -2.63 %
  • ROE -23.0 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of -2.58% for last 3 years.

Peer comparison

Sector: Steel Industry: Steel - Sponge Iron

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
244 261 216 261 254 705 778 999 1,008 653 1,186 1,364
182 201 186 230 230 680 820 964 872 646 1,002 955
Operating Profit 62 60 30 30 24 24 -42 35 136 7 184 410
OPM % 25% 23% 14% 12% 10% 3% -5% 3% 14% 1% 15% 30%
Other Income 12 12 15 16 15 22 3 9 -115 11 16 36
Interest 0 0 0 2 0 68 80 73 72 69 63 57
Depreciation 3 3 3 3 3 67 78 83 82 80 79 85
Profit before tax 70 69 41 41 36 -89 -197 -112 -132 -130 58 304
Tax % 33% 34% 33% 35% 32% 17% 0% -0% -1% -1% -2% -0%
Net Profit 47 46 28 27 24 -74 -197 -112 -133 -131 59 304
EPS in Rs 9.65 9.41 5.71 5.54 5.04 -16.39 -43.65 -24.88 -29.54 -29.12 13.10 67.49

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
796 777 790 574 557 800 992 3,490 4,211
676 632 690 549 496 617 847 3,337 3,475
Operating Profit 120 145 99 24 62 183 145 153 737
OPM % 15% 19% 13% 4% 11% 23% 15% 4% 17%
Other Income 32 35 56 37 37 43 58 -79 -52
Interest 8 13 5 5 2 3 3 293 261
Depreciation 18 18 13 13 13 12 12 311 325
Profit before tax 126 150 137 43 84 210 188 -530 99
Tax % 32% 32% 33% 26% 30% 33% 34% 3%
Net Profit 85 101 92 32 59 141 124 -516 99
EPS in Rs 17.64 20.91 19.00 6.60 12.14 29.11 25.70 -114.46 21.93
Dividend Payout % 14% 15% 17% 48% 29% 22% 15% 0%
Compounded Sales Growth
10 Years:%
5 Years:35%
3 Years:84%
TTM:54%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:170%
Stock Price CAGR
10 Years:10%
5 Years:12%
3 Years:-7%
1 Year:226%
Return on Equity
10 Years:%
5 Years:0%
3 Years:-3%
Last Year:-23%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
15 15 15 15 15 15 15 45 45
Reserves 624 707 780 811 850 971 1,068 1,972 1,900
Borrowings 0 0 0 0 0 0 0 2,755 2,577
175 207 178 161 181 228 241 1,405 1,608
Total Liabilities 815 929 973 987 1,046 1,214 1,324 6,177 6,130
162 150 148 164 155 149 220 4,615 4,472
CWIP 16 16 20 9 6 6 7 37 36
Investments 128 204 208 285 263 200 244 18 156
510 558 597 529 622 860 853 1,507 1,466
Total Assets 815 929 973 987 1,046 1,214 1,324 6,177 6,130

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
112 101 -16 77 22 41 100 -336
-90 -89 16 -58 51 -213 -12 -3,574
-13 -12 -18 -18 -18 -20 -37 3,805
Net Cash Flow 9 -1 -18 0 55 -192 51 -105

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 24% 19% 6% 10% 23% 18% -3%
Debtor Days 9 12 4 19 23 27 29 16
Inventory Turnover 9.07 6.83 6.08 9.18 7.47 7.12 5.08

Shareholding Pattern

Numbers in percentages

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
54.50 54.50 54.50 54.50 54.50 54.50 75.91 75.91 75.91 75.91 75.91 74.91
8.72 8.45 5.19 4.64 3.46 3.32 1.65 1.37 0.93 0.85 0.45 0.32
0.90 0.85 0.93 2.59 2.71 2.46 4.96 5.11 5.43 4.96 4.95 5.08
35.88 36.20 39.37 38.26 39.33 39.72 17.48 17.61 17.73 18.28 18.68 19.69

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