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Tata Steel (Thailand) Public Company Limited

Tata Steel (Thailand) Public Company Limited

TSTH.BK
Tata Steel (Thailand) Public Company LimitedTH flagStock Exchange of Thailand
0.91
THB
-0.01
- -
7.66BMarket Cap
Tata Steel (Thailand) Public Company Limited
TSTH.BK
(Stock Exchange of Thailand)

Recent

price

0.91

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
3.28
3.21
3.06
3.08
2.54
1.99
2.34
2.64
2.64
2.39
2.61
3.87
3.65
2.93
2.97
3.13
2.93
Revenue per Share
-0.12
-0.19
-0.56
- -
-0.07
0.02
0.03
0.05
-0.02
0.01
0.07
0.31
0.08
0.01
0.04
0.23
0.07
Basic EPS, GAAP
-0.1
-0.08
0.12
0.14
0.09
0.16
- -
0.02
0.05
0.11
0.05
0.09
0.07
0.09
-0.12
0.36
0.1
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.05
0.03
- -
- -
- -
Dividend per Share
1.4
1.17
0.61
0.64
0.56
0.57
0.6
0.65
0.63
0.63
0.71
1.02
1.05
1.03
1.07
1.29
1.1
Book Value per Share
1.29
1.1
0.63
0.66
0.58
0.6
0.62
0.68
0.66
0.66
0.76
1.08
1.1
1.09
1.13
1.37
1.16
Tangible Book Value per Share
8,169
8,169
8,169
8,247
8,422
8,422
8,422
8,422
8,422
8,422
8,422
8,422
8,422
8,422
8,422
8,422
8,530
Basic Weighted Avg Shares
26,762
26,223
25,015
25,363
21,355
16,733
19,701
22,246
22,222
20,125
22,017
32,590
30,698
24,689
24,981
26,389
24,984
Sales/Revenue/Turnover
-3.03
-4.47
-1.95
1.35
-1
1.3
5.21
2.73
-0.68
0.27
3.31
8.18
2.41
-0.99
0.35
8.5
1.91
Operating Margin (%)
1,133
1,071
956
589
521
523
534
530
519
492
475
473
271
285
261
261
261
Depreciation Expense
-976
-1,581
-4,545
31
-610
154
214
455
-188
48
631
2,602
686
96
333
1,898
616
Net Income, GAAP
- -
- -
- -
63.27
- -
30.97
51.5
22.37
- -
57.41
8.24
- -
- -
- -
20.16
19.4
22.72
Effective Tax Rate (%)
-3.65
-6.03
-18.17
0.12
-2.86
0.92
1.09
2.04
-0.85
0.24
2.86
7.98
2.23
0.39
1.33
7.19
2.47
Profit Margin (%)
4,426
3,505
2,072
975
39
277
1,611
2,540
2,076
2,447
3,482
6,425
6,671
6,748
7,176
9,146
7,571
Working Capital
4,596
4,325
2,946
1,336
471
271
- -
- -
41
40
656
632
622
599
576
553
541
LT Debt
15,114
13,527
8,972
9,016
8,399
8,554
8,765
9,227
9,036
9,059
9,881
12,580
12,764
12,621
13,002
15,004
13,356
Total Equity
- -
- -
- -
0.84
- -
1.29
4.4
4.23
- -
0.23
6.53
- -
- -
- -
0.53
12.31
2.7
Return on Invested Capital (%)
- -
- -
- -
1.34
- -
3.11
3.52
7.05
- -
1.1
10.38
- -
- -
- -
3.77
18.23
6.63
Return on Capital (%)
-8.16
-15.04
-62.39
0.6
-12.21
3.24
4.35
8.65
-3.49
0.9
11.18
35.77
7.88
1.1
3.77
19.09
6.81
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
34
32
33
LT Borrowings
- -
- -
- -
LT Finance Leases
573
576
541
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8,422
8,422
8,422
Market Capitalization
5,214
4,962
5,886

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
8,113
8,835
8,963
Cash, Cash Equivalents & STI
1,494
1,773
2,758
Accounts Receivable, Net
2,717
3,217
2,919
Inventories
3,529
3,611
3,029
Total Current Liabilities
1,114
1,660
1,392
Payables & Accruals
988
1,550
1,239
ST Debt
34
32
33
Deferred Revenue
37
29
53

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.11%
9.22%
15.4%
Free Cash Flow
109.06%
-107.99%
-415.78%
Net Income, GAAP
197.04%
173.85%
470.29%
Sales/Revenue/Turnover
6%
5.89%
5.64%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,202
6,080
5,493
6,914
24,689
2025
6,835
5,933
5,676
6,537
24,981
2026
6,838
5,783
6,382
- -
26,389

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
-0.01
-0.01
- -
0.01
2025
0.01
-0.02
0.03
- -
0.04
2026
0.04
0.06
- -
- -
0.23

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.03
- -
- -
0.03
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Tata Steel (Thailand) Public Company Limited (TSTH.BK), founded in 2002 and headquartered in Bangkok, operates as an investment holding company that manufactures, distributes and trades long steel products including deformed bars, round bars, rebars under the Tata Tiscon brand, high tensile rebars, ready-to-use cut and bend products, seismic bars, super ductile bars, small sections such as angles and channels, wire rods comprising high carbon, medium carbon and low carbon variants, special bar quality steel, stirrups and footing products; it serves the construction, engineering, automotive and wire manufacturing sectors primarily in Thailand with exports to Laos, Cambodia, Indonesia, Malaysia, India and Bangladesh. The company produces these items using electric arc furnace technology with recyclable steel scrap as raw material at state-of-the-art facilities, maintaining a pan-Thailand distribution network through major dealers and modern trade channels like Global House and HomePro. In July 2025, its indirect subsidiary Siam Industrial Wires Company Limited acquired the remaining 40% stake in TSN Wires Company Limited for a nominal THB 100, making it a wholly owned subsidiary to enhance synergies, management efficiency and downstream steel wire operations with 41,000 tonnes per annum capacity. Formerly known as Millennium Steel Public Company Limited until its name change in December 2006 following Tata Steel's majority acquisition, Tata Steel (Thailand) functions as a subsidiary of TS Global Holdings Pte Ltd within the Tata Group's Southeast Asian operations.