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Tata Steel Ltd - Stock Valuation and Financial Performance

BSE: 500470 | NSE: TATASTEEL | Steel & Iron Products | Large Cap

Tata Steel Share Price

151.90 0.95 0.63%
as on 20-Jun'25 16:59

DeciZen - make an informed investing decision on Tata Steel

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Tata Steel stock performance -

mw4me loader
P/E Ratio (SA):
13.57
Market Cap:
1,89,623.7 Cr.
52-wk low:
122.6
52-wk high:
182.9

Is Tata Steel Ltd an attractive stock to invest in?

1. Is Tata Steel Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Tata Steel Ltd is a good quality company.

2. Is Tata Steel Ltd undervalued or overvalued?

The key valuation ratios of Tata Steel Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Tata Steel Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Tata Steel Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Tata Steel:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Tata Steel Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 3.8%10.1%11.2%19.6%8.7%18.8%33%14.5%12.9%11.2%-
Value Creation
Index
-0.7-0.1-00.7-0.20.71.90.30.20.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 38,22147,99359,61770,61160,43684,1331,29,0211,42,9131,40,9331,32,5171,32,517
Sales YoY Gr.-25.6%24.2%18.4%-14.4%39.2%53.4%10.8%-1.4%-6%-
Adj EPS 1.83.63.78.75.913.927.412.814.21211.2
YoY Gr.-92.9%3.1%136.9%-32.1%135.3%97.6%-53.1%10.7%-15.7%-
BVPS (₹) 48.64553.661.465.278.5101.9111.2120.6128128
Adj Net
Profit
1,8773,6224,40210,4447,09516,68433,46315,67517,72814,93713,969
Cash Flow from Ops. 7,37211,16711,79115,19313,45437,55541,98613,50627,32523,880-
Debt/CF from Ops. 4.52.72.62.13.30.90.82.91.52.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 14.8%17%0.9%-6%
Adj EPS 23.1%15.2%-24.1%-15.7%
BVPS11.4%14.4%7.9%6.2%
Share Price 18% 36.5% 19.8% -15.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
3.37.57.915.89.819.830.41212.811.28.7
Op. Profit
Mgn %
21.924.826.729.324.732.340.221.121.821.421.3
Net Profit
Mgn %
4.97.67.414.811.719.825.91112.611.310.5
Debt to
Equity
0.70.70.50.50.60.40.30.30.30.40.4
Working Cap
Days
11911011110112011514218516412648
Cash Conv.
Cycle
2-12-16-15-9-18-2212-2-26

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 8.70%

Sales growth has been subdued in last 3 years 0.89%

Net Profit has been subdued in last 3 years -24.10%

Sales growth is not so good in last 4 quarters at -5.85%

Latest Financials - Tata Steel Ltd.

Standalone Consolidated
TTM EPS (₹) 11.2 2.7
TTM Sales (₹ Cr.) 1,32,517 2,18,543
BVPS (₹.) 128 71.9
Reserves (₹ Cr.) 1,58,547 88,451
P/BV 1.19 2.11
PE 13.57 55.44
From the Market
52 Week Low / High (₹) 122.60 / 182.90
All Time Low / High (₹) 3.76 / 184.60
Market Cap (₹ Cr.) 1,89,624
Equity (₹ Cr.) 1,248.4
Face Value (₹) 1
Industry PE 23.3

Management X-Ray of Tata Steel:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *1.551.551.551.550.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Tata Steel Ltd: Q2FY24 result update - 17 Nov 2023

Particulars

Q2FY24

(Rs. Cr)

YoY Trend

Comments

Revenue

55,682

-7%

On account of reduced volumes and decreased realizations across different geographical areas
EBITDA

4,268

-30%

 
EBITDA Margin

8%

-200 bps

Led by lower EBITDA/ton
PAT

-6,511

NA

 

Weak result.

Key Ratios of Tata Steel

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales38,22147,99359,61770,61160,43684,1331,29,0211,42,9131,40,9331,32,517
Operating Expenses 30,61136,19143,95850,04945,57757,00977,8921,14,7091,10,9691,04,734
Manufacturing Costs10,26011,88713,36914,89815,60716,99823,15229,23928,79627,198
Material Costs10,71512,04818,07021,09418,40624,62237,52566,04358,59654,245
Employee Cost 4,3204,6054,8295,1315,0375,7426,3667,2217,4738,010
Other Costs 5,3157,6507,6908,9276,5289,64710,84912,20516,10415,281
Operating Profit 7,61111,80215,65920,56214,85927,12451,13028,20529,96427,782
Operating Profit Margin (%) 19.9%24.6%26.3%29.1%24.6%32.2%39.6%19.7%21.3%21.0%
Other Income 3924888832,4074077551,4522,5973,1392,330
Interest 1,8482,6892,8112,8243,0314,5412,7923,9754,1014,238
Depreciation 2,9623,5423,7273,8033,9205,4695,4645,9566,0096,253
Exceptional Items -1,649-703-3,366-114-1,704741-235-780-3,488-902
Profit Before Tax 1,5435,3576,63816,2276,61118,61044,09120,09019,50518,719
Tax 5881,9122,4695,694-1331,53211,0795,4043,8434,749
Profit After Tax 9563,4454,17010,5336,74417,07833,01114,68515,66213,970
PAT Margin (%) 2.5%7.2%7.0%14.9%11.2%20.3%25.6%10.3%11.1%10.5%
Adjusted EPS (₹)0.93.43.69.25.914.327.012.012.611.2
Dividend Payout Ratio (%)81%28%27%14%17%18%19%30%29%32%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 46,63749,65961,51570,45574,56394,4061,25,4341,36,6091,41,2291,26,732
Share Capital 9719711,1461,1461,1461,1991,2221,2221,2491,249
Reserves 45,66648,68860,36969,30973,41793,2081,24,2111,35,3861,39,9811,25,483
Minority Interest0000000000
Debt32,09030,20927,51428,93441,51432,63629,42032,57236,71654,613
Long Term Debt26,20226,96926,84428,92633,65732,32020,29131,56936,71651,041
Short Term Debt5,8883,24067087,8573169,1291,00303,572
Trade Payables6,19710,71711,24310,97010,60113,42621,09120,35620,16420,601
Others Liabilities 20,19020,88024,84327,14023,71440,02246,04253,15949,81752,186
Total Liabilities 1,05,1141,11,4651,25,1141,37,4981,50,3931,80,4912,21,9862,42,6962,47,9262,54,133

Fixed Assets

Gross Block55,80881,82384,68287,96691,8261,25,7571,28,0781,38,7511,46,1981,52,653
Accumulated Depreciation5,6839,21812,91416,70220,55128,52833,78641,32747,61252,993
Net Fixed Assets50,12672,60671,76871,26471,27597,22994,29297,42498,58699,659
CWIP 28,2066,1645,6735,7968,24710,90814,54222,16928,09534,860
Investments 11,78513,66624,27739,40750,09636,18443,49842,43666,82672,699
Inventories7,13710,23711,02311,25510,71712,85819,94325,42024,65622,934
Trade Receivables1,1332,0071,8761,3631,0172,8793,2802,5621,5961,566
Cash Equivalents 1,0369704,6977181,2272,3972,8552,8505,9704,145
Others Assets5,6915,8165,8017,6957,81418,03743,57749,83522,19818,270
Total Assets 1,05,1141,11,4651,25,1141,37,4981,50,3931,80,4912,21,9862,42,6962,47,9262,54,133

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 7,37211,16711,79115,19313,45437,55541,98613,50627,32523,880
PBT 1,5435,3576,63816,2276,61118,61044,09120,09019,50518,719
Adjustment 6,0796,2048,4713,7227,1578,6176,2165,91410,0576,962
Changes in Working Capital 9941147-815-2231504107002920-74892809513
Tax Paid -1,244-1,541-2,503-4,533-1,819-372-11,240-5,008-5,045-2,314
Cash Flow From Investing Activity -4,352-3,956-12,273-16,350-17,635-13,665-34,168-14,794-15,702-34,606
Capex -4,746-3,206-2,514-3,658-4,576-2,230-6,156-9,036-10,655-11,080
Net Investments 415-849-4,78614,585-2,803-3,5157,1165,3082,761798
Others -2198-4,973-27,277-10,256-7,920-35,128-11,066-7,808-24,323
Cash Flow From Financing Activity -2,540-7,2804,166-2,8874,630-23,385-7,368-5,193-8,2779,281
Net Proceeds from Shares 009,087-603,241326100
Net Proceeds from Borrowing 0001,4632,187-10,498-9,34413,7242,55315,532
Interest Paid -2,871-2,625-2,770-2,608-3,084-4,311-2,868-4,028-5,025-5,114
Dividend Paid -777-777-971-1,146-1,490-1,146-3,007-6,268-4,414-4,494
Others 1,108-3,878-1,181-5907,017-10,6717,525-8,622-1,3913,356
Net Cash Flow 480-693,684-4,044449504450-6,4813,345-1,445
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)1.657.227.7715.989.2920.2230.1911.2710.939
ROCE (%)3.7810.1111.2319.628.7318.8332.9814.5112.911.18
Asset Turnover Ratio0.390.490.510.540.420.510.640.620.570.53
PAT to CFO Conversion(x)7.713.242.831.441.992.21.270.921.741.71
Working Capital Days
Receivable Days711128789754
Inventory Days65606458665146586566
Payable Days204256222192214178168115126137

Tata Steel Ltd Stock News

Tata Steel Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Tata Steel on 20-Jun-2025 16:59 is ₹151.9.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Jun-2025 16:59 the market cap of Tata Steel stood at ₹1,89,623.7.
The latest P/E ratio of Tata Steel as of 20-Jun-2025 16:59 is 13.57.
The latest P/B ratio of Tata Steel as of 20-Jun-2025 16:59 is 1.19.
The 52-week high of Tata Steel is ₹182.9 and the 52-week low is ₹122.6.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Tata Steel is ₹1,32,517 ( Cr.) .

About Tata Steel Ltd

Tata Steel Limited is a public limited Company incorporated in India with its registered office in Mumbai, Maharashtra, India. The Company is listed on the BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE). Tata Steel was established in India as Asia’s first integrated private steel company in 1907. Today, the company is among the leading global steel companies.

Business area of the company

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. The Company offers a broad range of steel products including a portfolio of high value added downstream products such as hot rolled, cold rolled, coated steel, rebars, wire rods, tubes and wires.

Products

  • Automotive Steels
  • Galvano
  • Tata Agrico
  • Tata Astrum
  • Tata Bearings
  • Tata Ferro Alloys And Minerals Division
  • Tata Steel Industrial By-Products Management Division (IBMD)
  • Tata Pipes
  • Tata Precision Tubes
  • Raw Materials And Responsible Mining
  • Tata Shaktee
  • Tata Steelium
  • Tata Structura
  • Tata Tiscon
  • Tata Wiron

Awards

2013

  • Tata Steel granted Core Supplier status by PSA Peugeot Citroen
  • CII-ITC Sustainability Prize 2012 for Tata Steel

2014

  • Tata Steel conferred the IEI Industry Excellence Awards, 2014
  • Tata Steel felicitated for its excellence in Corporate Governance
  • Tata Steel conferred the prestigious 'Business of the Year' award
  • Tata Steel chosen as one of the 100 Most Valuable Brands 2014
  • Tata Steel wins Asian CSR Leadership Award for Community Development
  • Tata Steel bags the JSPCB awards for Environment Protection
  • Tata Steel wins the Golden Peacock National Training Award, 2014
  • Tata Steel wins at the Dun and Bradstreet Corporate Awards, 2014

2015

  • Tata Steel bags prestigious Kalinga Safety Award
  • Tata Steel wins the Golden Peacock Environment Management Award 2015
  • Tata Steel bags Prime Minister's Trophy for Best Performing Integrated Steel Plant
  • Tata Steel conferred with 15th Annual Greentech Environment Award

2016

  • Tata Steel conferred the National Energy Conservation Award 2016
  • Tata Steel wins 3 Awards for Excellence in Value Engineering
  • Tata Steel awarded for sustainable development in mining sector
  • Tata Steel’s Digwadih Colliery Bags Hindustan Zinc Health & Safety Award from FIMI for Overall Performance for the year 2015-16
  • Tata Steel's Sukinda Chromite Mine Bags Bala Gulshan Tandon Excellence Award from FIMI for Overall Performance for the year 2015-16
  • Tata Steel conferred with the 'Five Star Award'
  • Jharkhand State Pollution Control Board Awards Tata Steel on World Environment Day 2016

2017

  • Tata Steel Joda East Iron Mine bestowed with the Golden Peacock Innovation Management Award 2017
  • Chief Security & Brand Protection, Tata Steel Receives the Life Time Achievement Award at IFSEC, 2017
  • Tata Steel awarded with Prime Minister's Trophy for best performing Integrated Steel Plant
  • Tata Steel bags two Awards for Excellence in Value Engineering
  • Coal washeries of Tata Steel conferred with ‘Best Operating Coal Washery’ award by Coal Preparation Society of India
  • Tata Steel's mines conferred with Aqua Foundation Excellence Award 2017 for Sustainable Development in the Mining Sector
  • Tata Steel conferred the ‘Steel industry website of the year’ award by World Steel Association

2018

  • Tata Steel recognised for Excellence in Biodiversity at the CII-ITC Sustainability Awards 2018
  • Tata Steel conferred “The Tata Affirmative Action Programme Jury award”
  • Tata Steel's Katamati Iron Mine bags 'Pollution Control Excellence Award 2018'
  • Ferro-Alloy & Minerals Division of Tata Steel bags the National Award for Excellence in Water Management
  • Awards galore for iron ore, manganese and chromite mines of Tata Steel
  • Bhelatand Colliery of Tata Steel conferred with FIMI award for Health & Safety
  • Tata Steel Noamundi Iron Mine receives the Safety, Health & Environment (SHE) Excellence Award 2017-18 from CII
  • Tata Steel's Khondbond Iron and Manganese Mine bags 'Grow care India CSR Awards 2018'

2019

  • Tata Steel Kalinganagar bags the National Energy Conservation Award 2019
  • Tata Steel wins IFSEC India Disaster Management Excellence Award
  • Tata Steel’s mines and collieries win National Safety Awards for excellence in safety practices
  • Tata Steel honoured at National CSR Awards for its work on maternal and child health
  • Tata Steel wins three awards at the worldsteel's 10th Steelie Awards
  • Tata Steel’s mines awarded the FIMI Bala Gulshan Tandon Excellence Award
  • Tata Steel's Digital initiatives honoured as ‘Business Transformer’ at the 14th Annual CIO100 Awards
  • Tata Steel’s Ore Mines & Quarries division honoured with CII Safety, Health & Environment award for 2018-19
  • Tata Steel’s Jharia Division honoured with ‘Golden Peacock Eco-Innovation Award 2019’
  • Tata Steel wins the CII Greenco Star Performer Award
  • Tata Steel wins the prestigious Dun & Bradstreet Corporate Award 2019

2020

  • Tata Steel wins two awards at worldsteel’s Steelie Award 2020
  • Tata Steel bestowed with Business Today's 'Best Company to Work For' recognition in 2020
  • Tata Steel recognised for ‘Excellence in Knowledge Management’ by American Productivity & Quality Centre
  • Tata Steel named as one of the 2020 World's Most Ethical Companies by Ethisphere
  • Tata Steel adjudged ‘Firm of the Year - Metals & Mining’ at the 6th CNBC-TV18 India Risk Management Awards

Milestones

  • 1882: JN Tata reads a report by German geologist, Ritter Von Schwarz, titled 'Report on the financial prospects of iron-working in the Chanda district'. The paper indicates the availability of rich deposits of iron ore in Lohara. But the plan is dropped due to unavailability of suitable coal.
  • 1899: Major Mahon or Mohan gives a report that recommends promotion of the steel industry in India. The Viceroy, Lord Curzon, liberalises the licensing system enabling JN Tata to start work.
  • 1900: JN Tata meets Lord George Hamilton, Secretary of State for India, in England, setting the ball rolling for the establishment of a steel plant in India.
  • 1902: Indian geologist PN Bose writes a letter to JN Tata citing the availability of rich deposits of iron ore in Mayurbhanj supported by limestone and coalfields in the vicinity. The Maharaja of Mayurbhanj is willing to extend his support.
  • 1909: RG Wells is appointed as the first General Manager of Tata Iron & Steel Company.
  • 1910: Tata Iron & Steel obtains its first colliery in 1910, adding six more in the course of time.
  • 1911: The first Blast Furnace or the 'A' Blast Furnace begins operations successfully.
  • 1912: The first ingot of steel rolls out of the Sakchi plant. The bar mills commence rolling in the month of October, the second blast furnace becomes operational and 8-hour working day is introduced.
  • 1913: AE Woolsey becomes the second General Manager of Tata Iron & Steel Company.
  • 1914: Barton R Shover becomes the third General Manager of Tata Iron & Steel Company.
  • 1916: Temple W Tutwiler becomes the General Manager of Tata Iron & Steel Company
  • 1918: India´s first steel (coke) plant is established on June 18th as an enterprise financed by Indian capital and built by Indian workers. The plant served as a beacon for India's economic independence and the Swadeshi movement.
  • 1921: The Jamshedpur Technical Institute of Tata Steel is set-up with 23 students. The institute seeks to replace foreign technical experts with their Indian counterparts. Furnished with sophisticated equipment, the institute continues to be one of the best in the country.
  • 1924: Manufacture of steel by the Duplex process begins.
  • 1924: CA Alexander becomes the General Manager of Tata Steel.
  • 1930: In 1930 JL Keenan becomes the General Manager of Tata Steel.
  • 1932: It was DM Madan, Chief Accountant, Tata Iron and Steel Company, who first conceived the idea of observing and celebrating an annual gathering to commemorate the birth anniversary of J.N. Tata.
  • 1938: Jehangir Ghandy becomes the first Indian General Manager of Tata Steel.
  • 1938: JRD Tata becomes the Chairman of Tata Steel.
  • 1941: Manufacture of special steel for war purposes begins. In 1942, the Tatanagar Tank is built.
  • 1955: Agreement signed with Kaiser Engineers for a 2 million tonne expansion programme.
  • 1956: Joint consultations for 'working together' is introduced.
  • 1958: Jubilee Park is dedicated to the nation on completion of 50 years of Tata Steel’s existence.
  • 1965: SK Nanavati becomes the Director-in-Charge and later becomes the Managing Director in 1970.
  • 1967: IBM 1401 systems introduced.
  • 1972: In 1972 RS Pande becomes the Managing Director.
  • 1974: Russi Mody becomes the Managing Director.
  • 1982-83: Basic Oxygen Furnace Shop - LD1 inaugurated.
  • 1987: The Tata Football Academy is established to inculcate the spirit of sports and games among the youth.
  • 1991: JRD Tata dedicates a sprawling multi-crore sports complex to the citizens of Jamshedpur.
  • 1992: JRD Tata is conferred the Bharat Ratna for his contribution to aviation and industry on January 26, 1992.
  • 1993: Mr Ratan Tata takes over as Chairman from JRD Tata on April 19, 1993.
  • 1994-1996: Production of stamp charged batteries 6&7 begins in 1994. The 'G' Blast Furnace gets commissioned in 1992.
  • 2000: Padma Bhushan for Ratan N Tata
  • 2007: London-based steel manufacturer Corus Group is acquired on April 2, 2007 and Tata Steel Europe is established. 
  • 2008: Commemorating Tata Steel's Centenary year, the Indian Prime Minister, D. Manmohan Singh, unveils the Centenary Postage Stamp.
  • 2012: Tata Steel creates history by becoming the first integrated steel company in the world to be awarded the coveted Deming Grand Prize.
  • 2016: The first phase of Kalinganagar Project - Tata Steel’s second integrated steel plant in India starts commercial production in May 2016.
  • 2017: Tata Steel strengthens position in low-carbon future technology
  • 2018: Tata Steel inaugurates the state-of-the-art Rain Water Harvesting Project Phase-II at Joda
  • 2019: Tata Steel signs MoU with TERI for Phase III of Green School Project in Jharkhand and Odisha
  • 2020: Tata Steel introduces Agile Working Models
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