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    Basic Materials

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    Steel
Tata Steel Limited

Tata Steel Limited

TTST.IL
Tata Steel LimitedGB flagInternational Order Book
19.95
USD
-0.35
- -
24.38BMarket Cap
Tata Steel Limited
TTST.IL
(International Order Book)

Recent

price

19.95

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
1,309.9
1,375.32
1,373.5
1,516.38
1,423.01
1,044.26
1,083.82
1,177.45
1,351.32
1,276.32
1,350.2
1,984.52
1,978.99
1,852.73
1,738.64
1,846.51
1,849.96
Revenue per Share
99.08
56.09
-72.67
37.01
-40.42
-5.12
-41.2
129.8
89.26
13.6
65.37
328.84
71.75
-36.17
27.43
86.55
86.71
Basic EPS, GAAP
-44.96
-7.82
144.51
135.36
122.32
118.08
105.16
77.52
141.91
85.35
325.93
277.28
61.76
17.07
59.87
164.41
- -
Free Cash Flow per Basic Share
7.9
12.11
12.04
8.1
10.13
8.12
7.69
9.49
10.36
13.16
10.04
24.73
51.54
36.1
36
36
- -
Dividend per Share
10.58
10.11
10
10
10
-14.9
-101.78
86.44
132.79
168.36
154.24
465.72
404.48
293.96
280.2
328.12
328.73
Book Value per Share
230.33
266.67
222.42
247.33
421.31
413.4
343.46
549.34
574.78
615.84
620.55
909.6
799.67
694.87
672.35
752.94
754.34
Tangible Book Value per Share
907
961
971
971
971
970
1,029
1,035
1,145
1,145
1,146
1,221
1,221
1,227
1,247
1,247
1,245
Basic Weighted Avg Shares
1,187,531
1,321,627
1,333,960
1,472,736
1,382,053
1,013,080
1,115,620
1,218,701
1,546,918
1,461,060
1,547,193
2,423,269
2,416,362
2,272,962
2,168,404
2,302,935
2,302,935
Sales/Revenue/Turnover
9.88
5.98
5.06
7.18
4.77
2.63
10.68
14.38
14.76
5.75
12.52
22.99
8.82
5.45
6.86
9.73
9.73
Operating Margin (%)
44,148
45,166
55,753
58,412
59,436
53,841
56,898
59,617
75,793
87,077
92,336
91,089
93,414
98,884
104,264
119,570
119,545
Depreciation Expense
89,827
53,898
-70,576
35,949
-39,255
-4,971
-42,408
134,343
102,183
15,565
74,902
401,539
87,604
-44,374
34,205
107,939
107,939
Net Income, GAAP
26.82
42.36
- -
45.49
- -
25.25
112.3
16.19
42.24
- -
40.84
16.88
55.72
- -
62.27
31.83
31.83
Effective Tax Rate (%)
7.56
4.08
-5.29
2.44
-2.84
-0.49
-3.8
11.02
6.61
1.07
4.84
16.57
3.63
-1.95
1.58
4.69
4.69
Profit Margin (%)
158,406
93,255
19,394
-61,337
82,627
-21,620
5,940
122,158
-20,432
-29,282
-106,552
19,686
-106,296
-278,552
-177,020
-243,975
-243,975
Working Capital
492,507
459,449
478,149
539,727
622,516
648,728
640,223
727,891
803,433
941,050
724,088
504,605
572,574
561,154
733,845
699,867
699,867
LT Debt
379,703
460,223
381,378
445,647
479,678
445,135
394,210
618,071
712,895
761,629
775,084
1,170,985
1,051,752
924,327
913,528
1,037,804
1,037,804
Total Equity
10.23
4.62
- -
4.92
- -
1.59
-1.18
10.59
8.07
- -
6.32
25.46
4.9
- -
3.04
7.91
7.91
Return on Invested Capital (%)
21.53
13.28
- -
7.17
- -
3.49
-6.38
15.53
14.3
- -
9.12
35.25
9.01
- -
5.08
11.77
11.77
Return on Capital (%)
973.48
558.48
-726.53
370.07
-404.11
- -
- -
- -
84.63
9.03
40.55
107.73
16.49
-10.39
9.63
28.45
28.45
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
246,896
- -
223,950
LT Borrowings
658,596
- -
637,537
LT Finance Leases
50,939
- -
62,330
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12,472
- -
12,472
Market Capitalization
2,114,095
2,204,376
2,444,777

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
666,226
- -
725,202
Cash, Cash Equivalents & STI
100,640
- -
120,721
Accounts Receivable, Net
57,738
- -
49,169
Inventories
455,894
- -
472,492
Total Current Liabilities
897,588
- -
969,176
Payables & Accruals
- -
- -
- -
ST Debt
246,896
- -
223,950
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.05%
8.24%
13.6%
Free Cash Flow
58.54%
54.38%
174.61%
Net Income, GAAP
85.46%
49.15%
215.56%
Sales/Revenue/Turnover
9.86%
10.4%
6.2%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
590,158
551,072
547,273
584,459
2,272,962
2025
544,124
534,897
532,313
557,070
2,168,404
2026
527,441
582,160
566,460
626,873
2,302,935

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5.2
-50.7
4.2
- -
-36.17
2025
7.7
6.7
2.6
- -
27.43
2026
16.7
24.9
21.6
- -
86.55

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
36.1
2025
- -
- -
- -
- -
36
2026
- -
- -
- -
- -
36
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Business
Tata Steel Limited (TTST.IL), founded in 1907 and headquartered in Mumbai, India, stands as one of the world's largest and most geographically diversified steel producers with an annual crude steel-making capacity exceeding 35 million tonnes per annum; the company operates fully integrated facilities from mining to finished products across five continents in over 26 countries, including major manufacturing sites in India, the United Kingdom, the Netherlands, Thailand, and Canada. Core products encompass flat products such as hot-rolled coils, cold-rolled coils, and galvanized sheets for automotive, construction, and packaging applications; long products including rebars, wire rods, structurals, and billets; branded offerings like Tata Tiscon rebars, Tata Shaktee galvanized corrugated sheets, Tata Structura hollow sections, Tata Astrum advanced high-strength steels, and Tata Agrico agricultural tools; downstream solutions in tubes, bearings, wires, ferro-alloys, and minerals; as well as services in industrial by-products management and construction via platforms like DigECA and Aashiyana. In India, operations focus on automotive/special products, industrial/projects/exports, branded retail, and solutions segments from key plants in Jamshedpur, Kalinganagar, and Odisha; European activities emphasize high-value strip steels from IJmuiden and Port Talbot; Southeast Asian units produce rebars and wire rods via subsidiaries like Tata Steel Thailand. Recent developments include multiple capital infusions into wholly owned subsidiary T Steel Holdings Pte Ltd totaling over $1 billion in 2025 to bolster global operations; signing of a £500 million UK government grant for the £1.25 billion Port Talbot green steel electric arc furnace project in 2024 with groundbreaking in 2025; completion of amalgamations with subsidiaries such as The Indian Steel & Wire Products Ltd and The Tinplate Company of India; launch of the Continuous Galvanising Line at Kalinganagar and first shipments from it; divestiture of the Jajpur ferro alloy plant to Indian Metals & Ferro Alloys Ltd in 2025; strategic MoUs for decarbonization with Dutch authorities, IIT Bhubaneswar, and others; and pioneering advancements like hydrogen-compatible steel pipes and biochar usage for emissions reduction.