Metals & Mining · NIFTY 50
Tata Steel Limited
NSETATASTEEL
BSE500470 ISININE081A01020 SeriesEQ Listed on NSE · BSE
₹188.00 -1.28 (-0.68%) Updated 12 Nov, 8:49 pm IST
Price, daily close+3.91% in a year
Today
- Open
- ₹188.75
- Prev close
- ₹189.28
- Day high
- ₹190.65
- Day low
- ₹187.56
- Volume
- 2.11 Cr
- Value traded
- ₹399.03 Cr
- Upper circuit
- ₹193.81
- Lower circuit
- ₹182.53
- 52W high
- ₹224.40
- 52W low
- ₹160.06
- 1 month
- +8.34%
- 6 months
- -12.16%
52W low52W high
Ratios
Key numbers
Worked out from the latest filings (Consolidated) and today's price. TTM = last four quarters.
Market cap₹234,517 Cr
P/E (TTM)20.22
P/B2.26
Book value / share₹83.16
EPS (TTM)₹9.30
ROE11.2%
Dividend yield2.13%
Dividend (12m)₹4.00 / share
Net margin (TTM)4.7%
Operating margin16.6%
Debt / equity0.99
Current ratio0.82
EV / EBITDA8.82
Sales growth (YoY qtr)+11.50%
Profit growth (YoY qtr)+18.20%
Sales CAGR 3Y-1.56%
Profit CAGR 3Y+7.21%
Shares1,247.43 Cr
Quarterly results
Results for each quarter
Last 12 quarters, consolidated, ₹ crore. Hover a bar to see the number.
Revenue and net profit
Dec 23
Mar 24
Jun 24
Sep 24
Dec 24
Mar 25
Jun 25
Sep 25
Dec 25
Mar 26
Jun 26
Sep 26
Revenue · QoQ (vs last quarter)
—+6.1%-6.7%-1.6%-0.5%+4.8%-5.4%+10%-2.9%+11%-3.9%+7.6%
Revenue · YoY (vs a year ago)
————-3.0%-4.2%-2.9%+8.9%+6.3%+13%+14%+11%
Net profit · QoQ (vs last quarter)
—+19%+57%-13%-61%+298%+60%+49%-13%+8.8%-21%+58%
Net profit · YoY (vs a year ago)
————-36%+113%+117%+272%+723%+125%+12%+18%
RevenueNet profitLine = trend
Dec 23
Mar 24
Jun 24
Sep 24
Dec 24
Mar 25
Jun 25
Sep 25
Dec 25
Mar 26
Jun 26
Sep 26
EPS (₹) · YoY (vs a year ago)
————-38%+112%+117%+272%+731%+125%+11%+18%
EPS (₹)Line = trend
| ₹ Cr | Dec 23 | Mar 24 | Jun 24 | Sep 24 | Dec 24 | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 55,312 | 58,687 | 54,771 | 53,905 | 53,648 | 56,218 | 53,178 | 58,689 | 57,002 | 63,270 | 60,794 | 65,436 |
| Other income | 228 | 176 | 260 | 599 | 221 | 461 | 289 | 364 | 501 | 248 | 233 | 248 |
| Total income | 55,540 | 58,863 | 55,031 | 54,503 | 53,869 | 56,679 | 53,467 | 59,053 | 57,503 | 63,519 | 61,027 | 65,685 |
| Raw material | 19,115 | 20,678 | 20,642 | 20,187 | 19,404 | 16,847 | 18,028 | 17,859 | 18,917 | 19,665 | 20,186 | 21,522 |
| Purchases | 3,011 | 3,595 | 4,351 | 4,503 | 4,025 | 5,139 | 3,948 | 5,588 | 4,070 | 4,553 | 5,182 | 6,229 |
| Employee cost | 6,527 | 6,141 | 6,467 | 6,327 | 6,072 | 6,023 | 6,599 | 6,349 | 6,353 | 6,698 | 7,226 | 6,666 |
| Other expenses | 20,075 | 19,855 | 19,187 | 17,494 | 17,742 | 18,932 | 18,573 | 19,018 | 20,008 | 20,572 | 21,350 | 22,244 |
| Total expenses | 53,351 | 56,497 | 52,389 | 52,332 | 52,118 | 54,168 | 50,347 | 54,461 | 53,599 | 58,502 | 56,940 | 60,690 |
| Operating profit | 5,929 | 6,006 | 6,337 | 6,159 | 5,777 | 6,171 | 7,295 | 8,476 | 8,060 | 9,489 | 8,919 | 10,882 |
| OPM % | 10.7% | 10.2% | 11.6% | 11.4% | 10.8% | 11.0% | 13.7% | 14.4% | 14.1% | 15.0% | 14.7% | 16.6% |
| Finance cost | 1,881 | 1,842 | 1,777 | 1,971 | 1,804 | 1,789 | 1,852 | 1,775 | 1,747 | 1,792 | 1,771 | 2,005 |
| Depreciation | 2,422 | 2,568 | 2,535 | 2,597 | 2,569 | 2,720 | 2,744 | 2,893 | 3,049 | 3,268 | 3,640 | 3,782 |
| Exceptional items | -334 | -594 | -358 | 18.1 | -126 | -389 | -132 | -420 | -140 | -340 | -345 | 349 |
| Profit before tax | 1,855 | 1,772 | 2,284 | 2,190 | 1,625 | 2,123 | 2,987 | 4,172 | 3,765 | 4,676 | 3,741 | 5,343 |
| Tax | 1,406 | 1,254 | 1,458 | 1,405 | 1,377 | 999 | 1,060 | 1,039 | 1,138 | 1,845 | 1,452 | 1,756 |
| Net profit | 522 | 555 | 919 | 759 | 295 | 1,201 | 2,007 | 3,183 | 2,730 | 2,965 | 2,385 | 3,700 |
| Profit to shareholders | 513 | 611 | 960 | 833 | 327 | 1,301 | 2,078 | 3,102 | 2,689 | 2,926 | 2,318 | 3,666 |
| EPS (₹) | 0.42 | 0.49 | 0.77 | 0.67 | 0.26 | 1.04 | 1.67 | 2.49 | 2.16 | 2.34 | 1.86 | 2.94 |
Profit & loss
Results for each year
8 financial years (April to March), consolidated, ₹ crore.
Sales, operating profit and net profit
FY19
FY20
FY21
FY22
FY23
FY24
FY25
FY26
Revenue · YoY (vs a year ago)
—-11%+12%+56%-0.2%-5.8%-4.6%+6.2%
Net profit · YoY (vs a year ago)
—-85%+381%+436%-78%-151%+177%+216%
RevenueOperating profitNet profitLine = trend
| ₹ Cr | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 157,669 | 139,817 | 156,294 | 243,959 | 243,353 | 229,171 | 218,543 | 232,140 |
| Other income | 1,421 | 1,843 | 896 | 785 | 1,037 | 1,809 | 1,541 | 1,402 |
| Total expenses | 143,288 | 138,328 | 142,630 | 195,032 | 226,686 | 224,255 | 211,006 | 216,909 |
| Employee cost | 18,759 | 18,534 | 19,909 | 23,264 | 22,419 | 24,510 | 24,889 | 25,999 |
| Operating profit | 29,262 | 13,711 | 29,461 | 63,356 | 32,413 | 14,492 | 24,444 | 33,320 |
| OPM % | 18.6% | 9.8% | 18.8% | 26.0% | 13.3% | 6.3% | 11.2% | 14.4% |
| Finance cost | 7,660 | 7,533 | 7,607 | 5,462 | 6,299 | 7,508 | 7,341 | 7,167 |
| Depreciation | 7,342 | 8,441 | 9,234 | 9,101 | 9,335 | 9,882 | 10,421 | 11,955 |
| Profit before tax | 15,681 | -420 | 13,516 | 49,578 | 17,817 | -1,089 | 8,222 | 15,600 |
| Tax | 6,718 | -2,568 | 5,654 | 8,478 | 10,160 | 3,763 | 5,239 | 5,083 |
| Tax rate % | 42.8% | — | 41.8% | 17.1% | 57.0% | — | 63.7% | 32.6% |
| Net profit | 9,098 | 1,172 | 8,190 | 41,749 | 8,075 | -4,910 | 3,174 | 10,886 |
| Profit to shareholders | 10,218 | 1,557 | 7,490 | 40,154 | 8,760 | -4,437 | 3,421 | 10,794 |
| Net margin % | 6.5% | 1.1% | 4.8% | 16.5% | 3.6% | -1.9% | 1.6% | 4.6% |
| EPS (₹) | 87.74 | 11.86 | 63.78 | 332.09 | 7.17 | -3.62 | 2.74 | 8.65 |
Balance sheet
Assets and debt
At each year end (and the latest half year), ₹ crore.
Equity, debt and assets
Mar 23
Mar 24
Mar 25
Mar 26
Sep 26
Shareholders' equity · YoY (vs a year ago)
—-11%-0.9%+12%—
Shareholders' equityBorrowingsCashLine = trend
| ₹ Cr | Mar 23 | Mar 24 | Mar 25 | Mar 26 | Sep 26 |
|---|---|---|---|---|---|
| Shareholders' equity | 103,082 | 92,036 | 91,170 | 102,168 | 103,737 |
| Long-term borrowings | 57,257 | 56,115 | 73,385 | 69,987 | 77,310 |
| Short-term borrowings | 27,636 | 30,967 | 21,417 | 22,395 | 25,057 |
| Total borrowings | 84,893 | 87,082 | 94,801 | 92,382 | 102,368 |
| Current liabilities | 97,295 | 98,403 | 86,094 | 96,918 | 96,931 |
| Fixed assets (PPE) | 127,919 | 131,124 | 133,303 | 159,951 | 164,352 |
| Inventories | 54,415 | 49,158 | 44,590 | 47,249 | 53,558 |
| Trade receivables | 8,257 | 6,264 | 5,260 | 4,917 | 5,158 |
| Cash & equivalents | 12,130 | 7,081 | 9,605 | 8,885 | 7,530 |
| Current assets | 86,606 | 70,504 | 68,392 | 72,265 | 79,378 |
| Total assets | 288,022 | 273,424 | 279,395 | 301,254 | 312,522 |
| Debt / equity | 0.82 | 0.95 | 1.04 | 0.90 | 0.99 |
Cash flow
Cash coming in and going out
For each financial year, ₹ crore. Free cash flow = cash from operations minus spending on fixed assets.
Operating, investing and financing cash
FY22
FY23
FY24
FY25
FY26
Operations · YoY (vs a year ago)
—-51%-6.4%+16%+49%
OperationsInvestingFinancingLine = trend
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 44,381 | 21,683 | 20,301 | 23,512 | 35,064 |
| Cash from investing | -10,881 | -18,680 | -14,251 | -14,173 | -14,905 |
| Cash from financing | -23,401 | -6,981 | -11,097 | -7,002 | -21,387 |
| Spent on fixed assets | -10,522 | -14,142 | -18,207 | -15,671 | -14,559 |
| Free cash flow | 33,859 | 7,541 | 2,094 | 7,841 | 20,505 |
| Net cash flow | 10,099 | -3,977 | -5,048 | 2,337 | -1,228 |
Shareholding
Who holds the shares
Promoter and public holding at each quarter end, as filed with NSE.
Holding over time
Promoter & groupPublic
Latest (30 Sep 2026)
32.9%promoter
- Promoter & group
- 32.94%
- Public (FIIs, mutual funds, retail…)
- 67.06%
- Promoter change, last quarter
- 0.00 pts
Dividends & news
Latest dividends and announcements
Dividends & corporate actions
- Dividend - Rs 4 Per Share
- Dividend - Rs 3.60 Per Share
- Dividend - Rs 3.60 Per Share
- Annual General Meeting/Dividend - Rs 3.60 Per Share
- Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share
- Annual General Meeting/Dividend - Rs 51 Per Share
- Annual General Meeting/Dividend - Rs 25 Per Share
- Dividend - Rs 10 Per Share
Board meetings
- the Quarterly Audited Financial results of the Company for the period ended September 2026 and Other business.
- the financial results for the period ended September 30, 2026, and other business matters.
- the Quarterly Audited Financial results of the Company for the period ended September 2026 and Other business.
- and take on record the audited Standalone and unaudited Consolidated financial results of the Company for the quarter and half year ended September 3…
- the Quarterly Audited Financial results of the Company for the period ended June 2026 and Other business.
Filings with NSE
- Analysts/Institutional Investor Meet/Con. Call Updates
- Copy of Newspaper Publication
- Analysts/Institutional Investor Meet/Con. Call Updates
- Acquisition
- Outcome of Board Meeting
- General Updates
- Investor Presentation
Latest news
Tata Steel shares down 3% post-Q2 results, brokerages cautious about UK operations' growthMoneycontrol.com · 9 Nov, 3:17 pmTATASTEEL Outlook for the WeekEquitypandit · 8 Nov, 1:30 pmTata Steel Share Price Rises 2.15%: India Operations, Q2 Results and Brokerage OutlookIndia Infoline · 11 Nov, 12:40 pmTata Steel share price target cut by Nomura; Find out why UBS is 'neutral' on the stock - CNBC TV18LinkedIn · 11 Nov, 11:44 amSteel Stocks Are Defying Market Gloom. Here's What Investors Are Betting OnNDTV · 12 Nov, 2:40 pmTata Steel dips 1.5% after 5-day rally; brokerages stay upbeat on India bizBusiness Standard · 9 Nov, 9:58 amTata Steel declares Q2 results 2026 date: EBITDA may decline QoQ; share price target, stop-loss and outlook in focusLivemint · 18 Oct, 12:30 pmTata Steel shares slip as draft steel policy 2047 draws focusBusinessLine · 16 Oct, 12:30 pmAbout
About Tata Steel Limited
Tata Steel Limited is an Indian multinational steel company headquartered in Mumbai and is part of the Tata Group. Formerly known as Tata Iron and Steel Company Limited (TISCO), the company was established on 26 August 1907 in Jamshedpur.
From Wikipedia (CC BY-SA 4.0).
Company details
- Company name
- Tata Steel Limited
- NSE symbol
- TATASTEEL
- BSE scrip code
- 500470
- ISIN
- INE081A01020
- Listed on
- NSE, BSE
- Series
- EQ (normal equity)
- Listed on NSE since
- 18 Nov 1998
- Face value
- ₹1 per share
- Market lot
- 1 share
- Shares issued
- 1,247.43 crore
- Index
- NIFTY 50, NIFTY 500
- Sector (NSE)
- Metals & Mining
- Industry
- Steel
- Managing director / CEO
- T. V. Narendran
- Chair
- Natarajan Chandrasekaran
- Headquarters
- Mumbai, Maharashtra, India
- Registered address
- Bombay House, 24, Homi Mody Street, Fort, Mumbai – 400001
- Founded
- 1907
- Employees
- 41,307
- Financial year
- April to March
- Results basis
- Consolidated
- Website
- tatasteel.com
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Prices from NSE via Upstox. Financials from the company's results filed with NSE (XBRL); ratios are our own working. Profile from global-stock-logos (MIT). For information only, not a recommendation to buy or sell.