Tata Steel Ltd
TATASTEELTata Steel Ltd
TATASTEELPrice Chart
How to use scorecard? Learn more
Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
65.72 | 2.07 | 2.34% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
31.58 | 3.56 | 1.30% |
Forecast & Ratings
Detailed Forecast from 30 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
TATA Steel Limited is a diversified steel producer, engaged in the business of steel making, including raw material and finishing operations.
Investor Presentation
View olderÂPeers
Compare with peersÂJSW Steel Ltd
Jindal Steel And Power Ltd
Bharat Forge Ltd
Jindal Stainless Ltd
Steel Authority of India Ltd
Get more out of Tickertape, Go Pro!
Customise key metrics, see detailed forecasts, download stock data and more
Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Lakh cr.
All values in ₹ Lakh cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 1,09,296.36 | 1,12,943.11 | 1,38,399.02 | 1,59,494.40 | 1,42,037.73 | 1,57,690.66 | 2,46,198.63 | 2,45,015.19 | 2,31,074.15 | 2,24,158.59 | ||||||||||
Raw Materials | 38,696.27 | 43,843.03 | 46,137.01 | 60,877.05 | 58,039.99 | 55,423.38 | 91,076.61 | 1,16,597.19 | 97,506.39 | 1,98,287.36 | ||||||||||
Power & Fuel Cost | 4,993.89 | 5,220.83 | 4,440.43 | 5,316.56 | 5,319.92 | 5,788.48 | 8,028.29 | 9,526.91 | 10,071.85 | |||||||||||
Employee Cost | 17,587.63 | 17,252.22 | 17,077.51 | 18,758.87 | 18,533.58 | 19,908.81 | 23,264.10 | 22,419.32 | 24,509.58 | |||||||||||
Selling & Administrative Expenses | 12,908.42 | 13,772.32 | 14,423.87 | 16,917.14 | 15,599.07 | 16,923.93 | 27,445.67 | 25,519.92 | 27,155.29 | |||||||||||
Operating & Other expenses | 25,389.52 | 23,500.19 | 23,988.60 | 26,782.25 | 29,965.74 | 28,962.02 | 31,594.02 | 37,082.83 | 55,588.35 | |||||||||||
EBITDA | 9,720.63 | 9,354.52 | 32,331.60 | 30,842.53 | 14,579.43 | 30,684.04 | 64,789.94 | 33,869.02 | 16,242.69 | 25,871.23 | ||||||||||
Depreciation/Amortization | 5,306.35 | 5,672.88 | 5,741.70 | 7,341.83 | 8,440.73 | 9,233.64 | 9,100.87 | 9,335.20 | 9,882.16 | 10,122.16 | ||||||||||
PBIT | 4,414.28 | 3,681.64 | 26,589.90 | 23,500.70 | 6,138.70 | 21,450.40 | 55,689.07 | 24,533.82 | 6,360.53 | 15,749.07 | ||||||||||
Interest & Other Items | 4,221.41 | 5,072.20 | 5,454.74 | 7,660.10 | 7,533.46 | 7,606.71 | 5,462.20 | 6,298.70 | 7,507.57 | 7,471.14 | ||||||||||
PBT | 192.87 | -1,390.56 | 21,135.16 | 15,840.60 | -1,394.76 | 13,843.69 | 50,226.87 | 18,235.12 | -1,147.04 | 8,277.93 | ||||||||||
Taxes & Other Items | 575.65 | 2,850.24 | 7,700.83 | 5,622.27 | -2,951.30 | 6,353.47 | 10,072.94 | 9,474.72 | 3,290.40 | 5,360.02 | ||||||||||
Net Income | -382.78 | -4,240.80 | 13,434.33 | 10,218.33 | 1,556.54 | 7,490.22 | 40,153.93 | 8,760.40 | -4,437.44 | 2,917.91 | ||||||||||
EPS | -0.38 | -4.16 | 12.09 | 8.49 | 1.29 | 6.22 | 33.10 | 7.17 | -3.60 | 2.34 | ||||||||||
DPS | 0.76 | 0.95 | 1.00 | 1.30 | 1.00 | 2.50 | 5.10 | 3.60 | 3.60 | 3.60 | ||||||||||
Payout ratio | — | — | 0.08 | 0.15 | 0.77 | 0.40 | 0.15 | 0.50 | — | 1.54 |
Company Updates
Peers & Comparison
MaterialsIron & Steel
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Tata Steel Ltd | -43.22 | 2.07 | 2.34% |
JSW Steel Ltd | 27.92 | 3.08 | 0.91% |
Jindal Steel And Power Ltd | 16.22 | 2.15 | 0.21% |
Bharat Forge Ltd | 72.01 | 9.56 | 0.17% |
Price Comparison
Compare TATASTEEL with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Feb 2024
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Tata Steel Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
SBI FUNDS MANAGEMENT PVT LTD#SBI MF-SBI CONTRA FUND DIRECT PL GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4658% | Percentage of the fund’s portfolio invested in the stock 2.16% | Change in the portfolio weight of the stock over the last 3 months 0.47% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 59/113 (+1) |
Kotak Equity Arbitrage Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4373% | Percentage of the fund’s portfolio invested in the stock 1.56% | Change in the portfolio weight of the stock over the last 3 months 1.18% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 7/183 (+40) |
Mirae Asset Large & Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4118% | Percentage of the fund’s portfolio invested in the stock 1.94% | Change in the portfolio weight of the stock over the last 3 months 0.08% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 10/104 (+3) |
Compare 3-month MF holding change on Screener
smallcases
A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Tata Steel Ltd
Events
Dividend Trend
No Trend In Dividends
TATASTEEL has shown inconsistent dividend trend over the last 5 years
Dividend Yield
Current dividend yield is 2.34%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹23.42 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 21, 2024
Dividend/Share
₹3.60
Ex DateEx Date
Jun 21, 2024
Cash Dividend
Ex DateEx DateJun 22, 2023
Dividend/Share
₹3.60
Ex DateEx Date
Jun 22, 2023
Cash Dividend
Ex DateEx DateJun 15, 2022
Dividend/Share
₹51.00
Ex DateEx Date
Jun 15, 2022
Cash Dividend
Ex DateEx DateJun 17, 2021
Dividend/Share
₹25.00
Ex DateEx Date
Jun 17, 2021
Cash Dividend
Ex DateEx DateAug 6, 2020
Dividend/Share
₹10.00
Ex DateEx Date
Aug 6, 2020
Total revenue from operations declined 3.19% year on year (YoY) to Rs 53,904.71 crore in the quarter ended 30 September 2024. Profit before exceptional items & tax stood at Rs 2,146.24 crore in Q2 of FY25 as compared with Rs 159.71 crore posted in same quarter last year. The company reported net exceptional profit of Rs 18.09 crore during the quarter. Reported EBITDA in second quarter of FY25 stood at Rs 6,224 crore, up 44.24% YoY. EBITDA margin was around 12% during the period under review. The company's consolidated crude steel production increased by 5% YoY to 5.28 million tons while Deliveries grew to 5.11 million tonne in Q2 FY25. The company has spent Rs 4,806 crore on capital expenditure during the quarter. In India, Tata Steel's revenues were at Rs 32,660 crores for the September 2024 quarter, registering a decline of 6.41% YoY. The crude steel production increased by 5% YoY to 5.28 million tons while Deliveries grew to 5.11 million tonne in Q2 FY25. EBITDA declined 0.68% YoY to Rs 6,912 crore during the period under review. For the quarter, UK revenues were '600 million and EBITDA loss stood at '147 million. Liquid steel production was 0.39 million tons while deliveries were 0.63 million tons. Netherlands revenues were '1,300 million and EBITDA for the quarter was '22 million. Liquid steel production was 1.66 million tons and deliveries were at 1.50 million tons, up YoY basis. T V Narendran, CEO & MD, said, 'Global operating environment remained complex, with key regions facing subdued growth. Macro-economic conditions in China continued to weigh on commodity prices including steel. In India, steel demand continued to improve but domestic prices were under pressure due to cheap imports. Despite this, Tata Steel has delivered broadly consistent performance. Among business verticals, automotive deliveries were aided by growth in hi-end products. Tata Tiscon achieved 'best ever 2Q' deliveries and was up 20% YoY. In September 2024, we successfully commissioned the 5 MTPA blast furnace at Kalinganagar. This coupled with the 2.2 MTPA CRM complex will further improve our product mix. 2Q also marked the closure of our blast furnaces in UK. We have signed the grant funding agreement with the UK government and are progressing on the proposed transition to green steel. We remain fully committed to supporting affected employees and have offered the best ever package of support in Tata Steel UK. In Netherlands, our deliveries stood at 1.5 million tons and subdued steel prices weighed on performance. We are undertaking pilot projects to avoid or convert captured carbon emissions. I am happy to share that we have achieved 20% diversity for the first time in India and have also been recognised by worldsteel for process safety management.' Koushik Chatterjee, executive director and CFO said: 'Tata Steel Consolidated revenues for the half year were Rs 1,08,676 crores and EBITDA was Rs 13,046 crores. Consolidated EBITDA margin witnessed an improvement of around 300 bps to 12%, aided by higher volumes in India and improved profitability at Netherlands. This was despite challenging operating environment across geographies. Our second blast furnace at Kalinganagar is ramping up well and associated facilities such as Continuous Annealing Line and Air Separation Unit will be commissioned in the later part of the year. Separately, we have placed equipment orders for our 0.85 MTPA Electric Arc Furnace plant in Ludhiana. Our performance in UK and Netherlands was adversely impacted by the compression in steel spreads. Further, UK was also weighed by the transitory nature of operations as the blast furnaces were safely decommissioned and steel stock was built up to operate downstream. We spent around Rs 8,583 crores on capital expenditure during the half year, mostly in India. Our net debt stands at Rs 88,817 crores and the group liquidity position remains strong at Rs 26,028 crores, with cash and cash equivalents of Rs 10,575 crores. We are focused on cost optimisation, operational improvements and working capital management to maximise cashflows. During our transition to green steel, we will operate our downstream operations by sourcing substrate. This will help us sustain our significant market presence across steel end use segments in UK. In Netherlands, we are engaged with the government on support for the decarbonisation of our operations.' Tata Steel Group is among the top global steel companies with an annual crude steel capacity of 35 million tons per annum. Powered by Capital Market - Live
Net profit of Tata Steel reported to Rs 833.45 crore in the quarter ended September 2024 as against net loss of Rs 6196.24 crore during the previous quarter ended September 2023. Sales declined 2.94% to Rs 53489.73 crore in the quarter ended September 2024 as against Rs 55107.21 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales53489.7355107.21 -3 OPM %11.437.74 - PBDT4742.982639.56 80 PBT2146.24159.71 1244 NP833.45-6196.24 LP Powered by Capital Market - Live
The Board of Tata Steel at its meeting held on 06 November 2024 has appointed Pramod Agrawal (DIN: 00279727) as an Additional Director (Non-Executive, Independent) effective 06 November 2024 and as an Independent Director of the Company for a term of 5 years effective 06 November 2024 through 05 November 2029, subject to the approval of the shareholders of the Company.Powered by Capital Market - Live
Tata Steel will hold a meeting of the Board of Directors of the Company on 6 November 2024Powered by Capital Market - Live
Tata Steel Ltd is down for a fifth straight session today. The stock is quoting at Rs 159.44, down 2.99% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.64% on the day, quoting at 24954.55. The Sensex is at 81485.85, up 0.54%.Tata Steel Ltd has added around 6.67% in last one month.Meanwhile, Nifty Metal index of which Tata Steel Ltd is a constituent, has increased around 7.36% in last one month and is currently quoting at 9886.3, down 1.19% on the day. The volume in the stock stood at 554.27 lakh shares today, compared to the daily average of 552.7 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 160.14, down 3.23% on the day. Tata Steel Ltd jumped 28.74% in last one year as compared to a 27.89% rally in NIFTY and a 46.96% spurt in the Nifty Metal index.The PE of the stock is 12.52 based on TTM earnings ending June 24.Powered by Capital Market - Live
The equity benchmarks traded with minor gains in morning trade. The Nifty traded above the 25,000 mark. IT shares extended gains for the second consecutive trading session. At 10:30 IST, the barometer index, the S&P BSE Sensex added 146.11 points or 0.18% to 81,834.56. The Nifty 50 index added 8.90 points or 0.04% to 25,023.50. The broader market underperformed the frontline indices, the S&P BSE Mid-Cap index fell 1.15% and the S&P BSE Small-Cap index slipped 2.11%. The market breadth was weak. On the BSE, 870 shares rose and 2,840 shares fell. A total of 159 shares were unchanged. Economy: According to the data released by the Reserve Bank of India (RBI) on Friday, India's forex reserves were at $704.89 billion, having risen by $12.6 billion in the week through Sept. 27 in their biggest weekly increase since mid-July 2023. According to the Weekly Statistical Supplement released by the RBI, Foreign currency assets (FCAs) were up by $10.4 billion to $616 billion. Gold reserves reported a surge of $2 billion to $65.7 billion. Meanwhile, SDRs for the week rose marginally by $8 million to stand at $18.547 billion. Reserve position in the IMF dipped by $71 million to $4.3 billion. Buzzing Index: The Nifty IT index rose 0.68% to 42,197.65. The index rallied 1.04% in two consecutive trading sessions. Mphasis (up 2.32%), LTIMindtree (up 2.32%), Persistent Systems (up 2.11%), Coforge (up 1.31%), Infosys (up 0.9%), HCL Technologies (up 0.64%), Tata Consultancy Services (up 0.59%), L&T Technology Services (up 0.42%), Wipro (up 0.39%) and Tech Mahindra (up 0.15%) advanced. Stocks in Spotlight: Tata Steel shed 0.90%. The companny said that in Q2 FY25, the crude steel production of India division stood at 5.27 million tons (up 5% YoY) and deliveries were 5.10 million tons (up 6% YoY). Avantel jumped 6.31% after the company reported 42.44% increase in consolidated net profit to Rs 22.89 crore in Q2 FY25 as compared with Rs 16.07 crore in Q2 FY24. The company's revenue from operations jumped 42.5% YoY to Rs 77.42 crore in Q2 FY25. Bandhan Bank added 0.45%. The company has reported 21.4% increase in loans & advances to Rs 1,30,652 crore for the three month period ended on 30 September 2024 from Rs 1,07,633 crore recorded during the same period last year.Powered by Capital Market - Live
On a sequential basis, while the steel production volume has remained flat, deliveries have increased by 3%. The 'automotive & special products' vertical deliveries for the quarter were marginally lower on YoY basis. 'Branded products & retail' vertical deliveries for the quarter rose 3% YoY driven by performance of well-established brands. 'Industrial products & projects' vertical deliveries for the quarter increased by 4% YoY, with strong growth across value accretive segments, especially engineering. Revenues from Tata Steel Aashiyana, an e-commerce platform for Individual Home Builders, were Rs. 1,263 crore. The growth of the platform was aided by various strategic initiatives including migration to inhouse transaction platform. In September 2024, Tata Steel India successfully commissioned India's largest blast furnace at Kalinganagar. With the ramp up of Kalinganagar facilities, India crude steel capacity will increase to 26.6 MTPA. For H1 FY25, crude steel production of Tata Steel India was 10.53 million tons (up 5% YoY) and added up to 10.04 million tons (up 4% YoY). Tata Steel Netherlands liquid steel production stood at 1.68 million tons, up 41% YoY. Deliveries at 1.57 million tons (up 28% YoY) include volumes to UK operations of around 0.19 million tons. Tata Steel UK liquid steel production stood at 0.38 million tons (down 50% YoY) while deliveries were around 0.64 million tons (down 12% YoY). Operations have ceased at the remaining blast furnace at Port Talbot paving the way for the next generation of green steelmaking. In Q2 FY25, Tata Steel Thailand has recorded production and deliveries of 0.30 million tons (up 7% YoY) and 0.28 million tons (flat on YoY basis), respectively. Tata Steel Group is among the top global steel companies with an annual crude steel capacity of 35 million tons per annum. The steel major's consolidated net profit surged 51.37% to Rs 959.61 crore in Q1 FY25 as against Rs 633.95 crore reported in Q1 FY24. Total revenue from operations fell 7.93% year on year (YoY) to Rs 54,771.39 crore in the quarter ended 30 June 2024. The scrip rose 0.48% to currently trade at Rs 167.55 on the BSE. Powered by Capital Market - Live
Tata Steel Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 164.36, up 1.67% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.35% on the day, quoting at 26094.2. The Sensex is at 85475.02, up 0.36%. Tata Steel Ltd has added around 6.24% in last one month. Meanwhile, Nifty Metal index of which Tata Steel Ltd is a constituent, has added around 4.97% in last one month and is currently quoting at 9777.15, up 1.27% on the day. The volume in the stock stood at 472.6 lakh shares today, compared to the daily average of 413.25 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 164.9, up 1.9% on the day. Tata Steel Ltd is up 28.26% in last one year as compared to a 32.35% gain in NIFTY and a 46.1% gain in the Nifty Metal index.The PE of the stock is 12.32 based on TTM earnings ending June 24.Powered by Capital Market - Live
Tata Steel Ltd rose for a third straight session today. The stock is quoting at Rs 160.28, up 4.08% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.06% on the day, quoting at 25955.35. The Sensex is at 84997.01, up 0.08%. Tata Steel Ltd has added around 2.94% in last one month. Meanwhile, Nifty Metal index of which Tata Steel Ltd is a constituent, has added around 1.98% in last one month and is currently quoting at 9454.85, up 2.37% on the day. The volume in the stock stood at 901.02 lakh shares today, compared to the daily average of 355.32 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 160.42, up 4.19% on the day. Tata Steel Ltd is up 25.81% in last one year as compared to a 31.92% gain in NIFTY and a 43.3% gain in the Nifty Metal index.The PE of the stock is 11.73 based on TTM earnings ending June 24.Powered by Capital Market - Live
With a total investment of Rs 27,000 crore, the Phase II expansion at Kalinganagar will take the total capacity at the site from 3 million tonnes per annum (MTPA) to 8 MTPA The new blast furnace will significantly boost the plant's overall production capabilities, allowing the company to meet the growing demands of various industries, including automotive, infrastructure, power, shipbuilding, and defence. It will also provide advantages in specific areas like oil & gas, lifting & excavation, and construction. Key facilities in phase II expansion at Kalinganagar also include a pellet plant, coke plant, and cold rolling mill, each incorporating advanced technologies and sustainable practices. 'With the Phase II expansion, Odisha has emerged as the largest investment destination in India for Tata Steel, with a total cumulated investment of over Rs 100,000 crore in the last 10 years,' the company stated in regulatory filing. T. V. Narendran, CEO and managing director, Tata Steel, said, 'The commissioning of India's largest blast furnace at Kalinganagar is a momentous occasion for the steel industry, setting new benchmarks in capacity, technology, and sustainability. A key enabler of socio-economic development in the region, the expansion not only strengthens Tata Steel's position as a leader in high-end, value-added steel segments but also showcases our advanced engineering prowess. It underscores our commitment to boosting private investment in India, aligning with the nation's vision for self-reliance and sustainable industrial growth. On behalf of Tata Steel, I thank the Government of Odisha for their unwavering support and applaud the collective efforts of our employees, suppliers & vendor partners, and all other stakeholders in enabling this significant milestone.' Tata Steel Group is among the top global steel companies with an annual crude steel capacity of 35 million tons per annum. The steel major's consolidated net profit surged 51.37% to Rs 959.61 crore in Q1 FY25 as against Rs 633.95 crore reported in Q1 FY24. Total revenue from operations fell 7.93% year on year (YoY) to Rs 54,771.39 crore in the quarter ended 30 June 2024. The scrip advanced 1.64% to ends at Rs 152.05 on Friday, 21 September 2024. Powered by Capital Market - Live
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 7.7%, vs industry avg of 9.87%
Decreasing Market Share
Over the last 5 years, market share decreased from 30.1% to 29.45%