Tata Steel Long Products Ltd. - (Amalgamated) - Stock Valuation and Financial Performance

BSE: 513010 | NSE: TATASTLLP | Steel/Sponge Iron/Pig Iron | Small Cap

Tata SteelLong-Amalg Share Price

829.45 0.00 0.00%
as on 16-Nov'23 17:59

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Tata Steel Long Products Ltd. - (Amalgamated) stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
3,740.8 Cr.
52-wk low:
620.1
52-wk high:
861.3

Is an attractive stock to invest in?

1. Is a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Tata Steel Long Products Ltd. - (Amalgamated) is a average quality company.

2. Is undervalued or overvalued?

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

3. Is a good buy now?

No data found

10 Year X-Ray of Tata SteelLong-Amalg:

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 Long Products Ltd. - (Amalgamated) has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 16.1%12.7%4.5%7.2%15.4%11.9%-6.6%17.5%7.2%-1.2%-
Value Creation
Index
0.2-0.1-0.7-0.50.1-0.2-1.50.3-0.5-1.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 7827905745578009923,4904,7506,8027,4647,200
Sales YoY Gr.-1%-27.4%-2.8%43.6%24%251.8%36.1%43.2%9.7%-
Adj EPS 55.551.418.232.577.667-87.2130.2146.1-258-131.6
YoY Gr.--7.4%-64.6%79.1%138.5%-13.6%-230.1%NA12.2%-276.6%-
BVPS (₹) 400.5440.7457.7479.3546.6600.4447.1575.1709.6456.6417.6
Adj Net
Profit
10092.732.858.7140121-393587659-1,163-593
Cash Flow from Ops. 101-16.277.121.741.1100-3361,6901,761-270-
Debt/CF from Ops. 000000-7.90.87.6-54.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 28.5%56.3%28.8%9.7%
Adj EPS -218.6%-227.2%NA-276.6%
BVPS1.5%-3.5%0.7%-35.7%
Share Price 5.4% 5.2% -0.9% 26.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
14.712.246.915.111.7-25.425.522.7-44.2-30.1
Op. Profit
Mgn %
18.412.74.411.122.814.84.923.717.71.27.5
Net Profit
Mgn %
12.811.75.710.517.512.2-11.312.49.7-15.6-8.2
Debt to
Equity
0000001.30.54.27.17.8
Working Cap
Days
36230323317626734714913711212384
Cash Conv.
Cycle
516207143017-28-50-3814

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

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

Latest Financials - Tata Steel Long Products Ltd. - (Amalgamated)

Standalone Consolidated
TTM EPS (₹) -131.6 -432
TTM Sales (₹ Cr.) 7,200 11,644
BVPS (₹.) 417.6 61.1
Reserves (₹ Cr.) 1,838 230
P/BV 1.99 13.58
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 620.05 / 861.25
All Time Low / High (₹) 8.06 / 1174.55
Market Cap (₹ Cr.) 3,741
Equity (₹ Cr.) 45.1
Face Value (₹) 10
Industry PE 21.8

Management X-Ray of Tata SteelLong-Amalg:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Tata SteelLong-Amalg

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales782.22789.73573.53557.31800.17992.053,489.994,749.876,801.637,464.07
Operating Expenses 638.38690.50549.57495.65617.45847.373,336.723,651.455,624.087,391.79
Manufacturing Costs28.4731.9644.4838.7336.0844.66836.291,041.131,403.401,617.51
Material Costs545.83580.85425.45372.64495.49708.832,182.642,238.453,830.475,386.53
Employee Cost 26.8435.1533.9846.3141.8044.87192.11214.81216.43217.49
Other Costs 37.2342.5445.6637.9744.0749.02125.68157.06173.78170.26
Operating Profit 143.8599.2323.9661.66182.72144.68153.271,098.421,177.5572.28
Operating Profit Margin (%) 18.4%12.6%4.2%11.1%22.8%14.6%4.4%23.1%17.3%1.0%
Other Income 36.9255.4837.6637.0243.0157.6981.2678.23137.51634.46
Interest 13.225.315.382.443.253.02292.84234.63109.961,387
Depreciation 17.7512.9412.8912.7612.3011.58310.79327.19319.58347.66
Exceptional Items 000000-161.140-27.14-1.70
Profit Before Tax 149.80136.4743.3583.47210.18187.77-530.24614.83858.38-1,029.62
Tax 48.6244.5811.4624.7369.3363.43-13.9642.86228.5155.87
Profit After Tax 101.1891.8931.8958.74140.86124.33-516.28571.97629.87-1,085.49
PAT Margin (%) 12.9%11.6%5.6%10.5%17.6%12.5%-14.8%12.0%9.3%-14.5%
Adjusted EPS (₹)56.150.917.732.678.168.9-114.0126.8139.7-240.0
Dividend Payout Ratio (%)15%17%48%29%22%15%0%4%9%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 722.62795.17826864.85986.431,083.472,016.612,593.893,200.472,059.40
Share Capital 15.4015.4015.4015.4015.4015.4045.1045.1045.1045.10
Reserves 707.22779.77810.60849.45971.031,068.071,971.512,548.793,155.372,014.30
Minority Interest0000000000
Debt0000002,644.071,320.1513,391.5514,667.83
Long Term Debt0000002,644.071,320.1513,391.5514,667.83
Short Term Debt0000000000
Trade Payables54.0446.9040.6952.5266.9075.10811.561,229.242,369.832,135.75
Others Liabilities 771.99315.74120.70128.43599.90670.451,208.921,269.931,480.802,433.71
Total Liabilities 1,548.661,157.81987.401,045.801,653.231,829.026,681.166,413.2120,442.6521,296.69

Fixed Assets

Gross Block367.09378.26168.59172.25178.17260.294,964.165,012.585,058.585,182.99
Accumulated Depreciation216.79230.664.8717.5429.1739.97349.31671.03977.911,323.20
Net Fixed Assets150.30147.60163.72154.71149220.324,614.854,341.554,080.673,859.79
CWIP 16.2520.049.235.635.827.3936.6923.8957.5287.26
Investments 204.56208285.36263.28199.63243.5817.4620.669,303.3013,651.91
Inventories61.85108.4532.3649.0884.09115.28796.97812.711,350.091,365.14
Trade Receivables26.078.8829.4335.7758.8178.45155.8875.1560.3970.42
Cash Equivalents 269.30251.51252.05306.74421.61347.40161.61281.784,561.111,053.61
Others Assets820.33413.33215.25230.59734.28816.60897.70857.471,029.571,208.56
Total Assets 1,548.661,157.81987.401,045.801,653.231,829.026,681.166,413.2120,442.6521,296.69

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 100.59-16.2077.0721.6741.10100.26-335.651,689.731,761.04-270.01
PBT 149.80136.4731.8983.47210.18187.77-530.24614.83858.38-1,029.62
Adjustment -1.94-36.30-6.16-20.32-24.96-41.51684.83546.68411.921,168.68
Changes in Working Capital 10.72-47.5363.85-23.05-94.6821.37-483.27534.67616.38-372.86
Tax Paid -57.99-68.85-12.51-18.43-49.44-67.36-6.97-6.45-125.64-36.21
Cash Flow From Investing Activity -89.4016.26-58.4151.39-213.08-12.43-3,574.4091.03-9,404.79-4,013.59
Capex -8.26-14.62-17.15-3.82-6.80-158.29-37.91-40.85-90.61-151.55
Net Investments -66.68-3.42-77.3622.12-242.23101.19-3,593.49104.79-9,273.74-3,825.40
Others -14.4634.3036.1033.0935.9544.675727.09-40.44-36.64
Cash Flow From Financing Activity -12.19-18.09-18.33-18.45-20.19-37.133,804.89-1,559.4211,923.29-162.40
Net Proceeds from Shares 0000001,479.69000
Net Proceeds from Borrowing 0000000000
Interest Paid -0.03-0.070000-284.15-235.28-104.65-111.73
Dividend Paid -12.16-15.40-15.19-15.32-16.74-30.80-19.250-22.55-56.38
Others 0-2.62-3.14-3.14-3.45-6.332,628.60-1,324.1412,050.495.71
Net Cash Flow -1-18.030.3354.61-192.1750.70-105.16221.344,279.54-4,446
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)14.8612.113.936.9515.2212.01-33.3124.8121.74-41.27
ROCE (%)23.9418.686.0110.1623.0618.43-8.2719.819.442.15
Asset Turnover Ratio0.590.640.590.610.610.570.820.730.510.36
PAT to CFO Conversion(x)0.99-0.182.420.370.290.81N/A2.952.8N/A
Working Capital Days
Receivable Days1071119212512943
Inventory Days26364124303748625866
Payable Days35323846443774166171153

Tata Steel Long Products Ltd. - (Amalgamated) Stock News

Tata Steel Long Products Ltd. - (Amalgamated) FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Tata SteelLong-Amalg on 16-Nov-2023 17:59 is ₹829.5.
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 16-Nov-2023 17:59 the market cap of Tata SteelLong-Amalg stood at ₹3,740.8.
The latest P/E ratio of Tata SteelLong-Amalg as of 16-Nov-2023 17:59 is 0.00.
The latest P/B ratio of Tata SteelLong-Amalg as of 16-Nov-2023 17:59 is 1.99.
The 52-week high of Tata SteelLong-Amalg is ₹861.2 and the 52-week low is ₹620.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Tata SteelLong-Amalg is ₹7,200 ( Cr.) .

About Tata Steel Long Products Ltd. - (Amalgamated)

Tata Sponge Iron (TSIL) was incorporated in 1982 as joint venture between Tata Steel and the Industrial Promotion and Investment Corporation of Orissa (IPICOL). Later in 1991, Tata Steel acquired IPICOL’s stake in joint venture. Tata Sponge, which has its manufacturing facility at Bilaipada (in Joda Block of Keonjhar District in Orissa), was initially set up  in the name of Ipitata Sponge Iron Limited. It has moved on since, becoming an associate company of Tata Steel following the former’s acquisition of IPICOL’s stake in 1991. The name of the Company has been changed to Tata Sponge Iron Limited w.e.f 24th September, 1996. Subsequently, w.e.f. 28th August, 2012, Tata Sponge Iron Limited became the subsidiary of Tata Steel Limited.

The company is engaged in business of manufacturing high-grade sponge iron that is consistent in quality.  The company has an annual manufacturing capacity of 390,000 tonnes of sponge iron from its three kilns. Its production plant is situated at Bilaipada in Orissa.

For production of sponge iron, the raw material required is iron ore, non-coking coal and dolomite. To meet the raw material requirement, the company has iron ore reserves located in the northern part of Orissa. It acquires coal from the collieries of Central Coalfields, South Eastern Coalfields and Mahanadi Coalfields and dolomite is acquired from Tata Steel's Gomardih dolomite quarry.

The company also operates a modern R&D facility that is set up along with a chemical laboratory to conduct the monitoring process. This R& D facility introduced Tisco Direct Reduction (TDR) -- an innovative technology for making sponge iron.

TSIL's manufacturing facilities have been accredited with ISO-9002 and ISO 14000 certifications for its quality management.

Tata Sponge Iron operates two captive power plants that produce a total capacity of 26 MW of power.

Awards and Recognition

Tata Sponge Iron was awarded Certificate of Appreciation by The Energy and Resources Institute (TERI) for company’s efforts towards environmental management and innovative initiatives.

The company received Greentech Environment Excellence Gold Award for the year 2006-07 by Greentech Foundation in recognition of company’s initiatives in conserving the environment.

The company received “Golden Peacock National Quality Award - 2007”.

Earth Care Award 2008 for the company’s relentless pursuits towards Greenhouse gas, mitigation and combating climate change, conferred by JSW and Times of India with technical support from The Energy Research Institute (TERI) and Centre of Environment Education (CEE), on 22nd April 2008.

Golden Peacock National Quality Award from Institute of Directors (awarded in January 2008)

In 2010, Tata Sponge wins Green India Award for Environment Excellence

Tata Steel (Parent Company)

Tata Sponge Iron is part of the Tata Steel Group of companies, which owns a wide spectrum of companies engaged in the business of steel and steel related manufacturing. It owns companies namely Corus, Tinplate Company of India, Tayo Rolls, Tata Ryerson, Tata Refractories, Tata Metaliks, Tata Pigments, Jamshedpur Injection Powder, TM International Logistics, Metal Junction Services, TRF , The Indian Steel and Wire Products and many more.

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