About
Tata Steel Limited engages in the manufacture and distribution of steel products in India and internationally. It offers reinforcement bars (rebars) and wire rods, cut-and-bend reinforcement bars, welded wire mesh, prefabricated cages (pre-cages), steel couplers and carpet reinforcement, hot-rolled, cold rolled, coated coil, tubes, rebar, metallic coated, pre-finished steels, alloy steels, and profiles and construction systems. The company also provides solutions in building envelope, structural, fit-out, foundations, and highway engineering products, as well as operates steel service centers. It serves agricultural, automotive, construction, consumer goods, energy and power, engineering, and material handling industries. The company was incorporated in 1907 and is based in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap236,382 Cr
P/E20.00
Div Yield2.12 %
Book Value₹81.80
52w High₹224.00
52w Low₹160.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 60,794.00 | 63,270.00 | 57,002.00 | 58,689.00 | 53,178.00 | 56,218.00 | 53,648.00 | 53,905.00 | 54,771.00 | 58,687.00 | 55,312.00 | 55,682.00 | 59,490.00 |
| Expenses | 51,530.00 | 53,441.00 | 48,803.00 | 49,793.00 | 45,751.00 | 49,659.00 | 47,745.00 | 47,789.00 | 48,077.00 | 52,087.00 | 49,048.00 | 51,414.00 | 54,587.00 |
| Operating Profit | 9,264.00 | 9,829.00 | 8,200.00 | 8,897.00 | 7,428.00 | 6,559.00 | 5,903.00 | 6,116.00 | 6,694.00 | 6,601.00 | 6,264.00 | 4,268.00 | 4,903.00 |
| OPM % | 15.00 | 16.00 | 14.00 | 15.00 | 14.00 | 12.00 | 11.00 | 11.00 | 12.00 | 11.00 | 11.00 | 8.00 | 8.00 |
| Other Income | -17.00 | 42.00 | 465.00 | -6.00 | 236.00 | 149.00 | 142.00 | 617.00 | -6.00 | -382.00 | -33.00 | -6,568.00 | 1,190.00 |
| Depreciation | 3,640.00 | 3,268.00 | 3,049.00 | 2,893.00 | 2,744.00 | 2,720.00 | 2,569.00 | 2,597.00 | 2,535.00 | 2,568.00 | 2,422.00 | 2,480.00 | 2,412.00 |
| Interest | 1,771.00 | 1,792.00 | 1,747.00 | 1,775.00 | 1,852.00 | 1,789.00 | 1,804.00 | 1,971.00 | 1,777.00 | 1,842.00 | 1,881.00 | 1,959.00 | 1,825.00 |
| Profit before tax | 3,838.00 | 4,810.00 | 3,869.00 | 4,222.00 | 3,067.00 | 2,200.00 | 1,672.00 | 2,164.00 | 2,377.00 | 1,809.00 | 1,928.00 | -6,739.00 | 1,855.00 |
| Tax % | 38.00 | 38.00 | 29.00 | 25.00 | 35.00 | 45.00 | 82.00 | 65.00 | 61.00 | 69.00 | 73.00 | -3.00 | 72.00 |
| Net Profit | 2,385.00 | 2,965.00 | 2,730.00 | 3,183.00 | 2,007.00 | 1,201.00 | 295.00 | 759.00 | 919.00 | 555.00 | 522.00 | -6,511.00 | 525.00 |
| EPS in Rs | 1.86 | 2.34 | 2.15 | 2.48 | 1.66 | 1.04 | 0.26 | 0.67 | 0.77 | 0.49 | 0.42 | -5.07 | 0.52 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 232,140.00 | 218,543.00 | 229,171.00 | 243,353.00 | 243,959.00 | 156,477.00 | 139,817.00 | 157,669.00 | 123,249.00 | 112,299.00 | 101,965.00 | 139,504.00 |
| Expenses | 197,788.00 | 193,244.00 | 206,923.00 | 211,053.00 | 180,469.00 | 125,973.00 | 122,354.00 | 128,351.00 | 101,816.00 | 99,156.00 | 102,590.00 | 136,095.00 |
| Operating Profit | 34,352.00 | 25,298.00 | 22,248.00 | 32,300.00 | 63,490.00 | 30,504.00 | 17,463.00 | 29,318.00 | 21,433.00 | 13,144.00 | -625.00 | 3,409.00 |
| OPM % | 15.00 | 12.00 | 10.00 | 13.00 | 26.00 | 19.00 | 12.00 | 19.00 | 17.00 | 12.00 | -0.60 | 2.40 |
| Other Income | 738.00 | 877.00 | -6,005.00 | 1,569.00 | 1,300.00 | 180.00 | -2,884.00 | 1,524.00 | 10,898.00 | -3,789.00 | 10,346.00 | 5,994.00 |
| Interest | 7,167.00 | 7,341.00 | 7,508.00 | 6,299.00 | 5,462.00 | 7,607.00 | 7,533.00 | 7,660.00 | 5,455.00 | 5,072.00 | 4,221.00 | 4,848.00 |
| Depreciation | 11,955.00 | 10,421.00 | 9,882.00 | 9,335.00 | 9,101.00 | 9,234.00 | 8,441.00 | 7,342.00 | 5,742.00 | 5,673.00 | 5,306.00 | 5,944.00 |
| Profit before tax | 15,969.00 | 8,413.00 | -1,147.00 | 18,235.00 | 50,227.00 | 13,844.00 | -1,395.00 | 15,841.00 | 21,135.00 | -1,391.00 | 193.00 | -1,388.00 |
| Tax % | 32.00 | 62.00 | 328.00 | 56.00 | 17.00 | 41.00 | -184.00 | 42.00 | 16.00 | 200.00 | 358.00 | 185.00 |
| Net Profit | 10,886.00 | 3,174.00 | -4,910.00 | 8,075.00 | 41,749.00 | 8,190.00 | 1,174.00 | 9,122.00 | 17,743.00 | -4,169.00 | -497.00 | -3,939.00 |
| EPS in Rs | 8.65 | 2.74 | -3.55 | 7.17 | 32.88 | 6.26 | 1.38 | 9.07 | 11.93 | -3.76 | -0.34 | -3.48 |
| Dividend Payout % | 46.00 | 131.00 | -101.00 | 50.00 | 16.00 | 40.00 | 74.00 | 15.00 | 9.00 | -23.00 | -203.00 | -20.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1,247.00 | 1,247.00 | 1,247.00 | 1,221.00 | 1,221.00 | 1,198.00 | 1,145.00 | 1,145.00 | 1,145.00 | 970.00 | 970.00 | 971.00 |
| Reserves | 100,920.00 | 89,922.00 | 90,788.00 | 101,861.00 | 113,222.00 | 73,041.00 | 72,431.00 | 67,780.00 | 59,726.00 | 36,849.00 | 42,762.00 | 30,378.00 |
| Borrowings | 92,382.00 | 94,801.00 | 87,082.00 | 84,893.00 | 75,561.00 | 88,501.00 | 116,328.00 | 100,816.00 | 92,147.00 | 83,014.00 | 81,987.00 | 80,701.00 |
| Other Liabilities | 101,965.00 | 89,488.00 | 90,195.00 | 97,421.00 | 92,417.00 | 81,169.00 | 59,245.00 | 63,032.00 | 55,704.00 | 51,614.00 | 51,165.00 | 47,059.00 |
| Total Liabilities | 296,515.00 | 275,459.00 | 269,312.00 | 285,396.00 | 282,422.00 | 243,909.00 | 249,149.00 | 232,773.00 | 208,722.00 | 172,447.00 | 176,884.00 | 159,109.00 |
| Fixed Assets | 179,908.00 | 150,914.00 | 148,814.00 | 146,621.00 | 133,288.00 | 135,775.00 | 134,551.00 | 124,442.00 | 96,105.00 | 92,007.00 | 72,200.00 | 68,100.00 |
| CWIP | 28,497.00 | 41,622.00 | 34,356.00 | 31,213.00 | 22,046.00 | 19,007.00 | 19,497.00 | 18,641.00 | 16,614.00 | 15,784.00 | 35,996.00 | 28,678.00 |
| Investments | 7,089.00 | 6,194.00 | 6,258.00 | 8,410.00 | 13,140.00 | 10,682.00 | 6,285.00 | 5,738.00 | 17,899.00 | 12,457.00 | 10,714.00 | 3,455.00 |
| Other Assets | 81,021.00 | 76,728.00 | 79,885.00 | 99,151.00 | 113,948.00 | 78,445.00 | 88,816.00 | 83,952.00 | 78,103.00 | 52,200.00 | 57,974.00 | 58,876.00 |
| Total Assets | 296,515.00 | 275,459.00 | 269,312.00 | 285,396.00 | 282,422.00 | 243,909.00 | 249,149.00 | 232,773.00 | 208,722.00 | 172,447.00 | 176,884.00 | 159,109.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 35,064.00 | 23,138.00 | 20,301.00 | 21,683.00 | 44,381.00 | 44,327.00 | 20,169.00 | 25,336.00 | 8,023.00 | 10,824.00 | 11,455.00 | 11,880.00 |
| Cash from Investing Activity | -14,397.00 | -13,611.00 | -14,253.00 | -18,179.00 | -10,905.00 | -9,437.00 | -14,012.00 | -29,176.00 | -11,730.00 | -9,490.00 | -8,794.00 | -9,021.00 |
| Cash from Financing Activity | -21,387.00 | -7,002.00 | -11,097.00 | -6,981.00 | -23,401.00 | -37,090.00 | -1,695.00 | -673.00 | 6,640.00 | -2,579.00 | -4,729.00 | -2,617.00 |
| Net Cash Flow | -720.00 | 2,524.00 | -5,049.00 | -3,477.00 | 10,075.00 | -2,200.00 | 4,462.00 | -4,513.00 | 2,933.00 | -1,245.00 | -2,068.00 | 241.00 |
| Free Cash Flow | 21,906.00 | 8,731.00 | 2,569.00 | 7,868.00 | 34,428.00 | 37,793.00 | 10,156.00 | 16,712.00 | 724.00 | 3,397.00 | 1,523.00 | -169.00 |
| CFO/OP % | 115.00 | 103.00 | 115.00 | 84.00 | 89.00 | 148.00 | 128.00 | 104.00 | 51.00 | 96.00 | -2,078.00 | 420.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 8.00 | 9.00 | 10.00 | 12.00 | 18.00 | 22.00 | 21.00 | 27.00 | 37.00 | 38.00 | 43.00 | 35.00 |
| Inventory Days | 184.00 | 171.00 | 176.00 | 175.00 | 213.00 | 215.00 | 197.00 | 190.00 | 224.00 | 230.00 | 180.00 | 165.00 |
| Days Payable | 136.00 | 113.00 | 108.00 | 122.00 | 161.00 | 167.00 | 136.00 | 130.00 | 161.00 | 172.00 | 167.00 | 126.00 |
| Cash Conversion Cycle | 56.00 | 67.00 | 78.00 | 66.00 | 71.00 | 69.00 | 82.00 | 87.00 | 99.00 | 96.00 | 56.00 | 74.00 |
| Working Capital Days | -56.00 | -50.00 | -59.00 | -42.00 | -34.00 | -55.00 | -38.00 | -18.00 | -31.00 | -32.00 | -47.00 | -6.00 |
| ROCE % | 13.00 | 9.00 | 7.00 | 13.00 | 31.00 | 12.00 | 6.00 | 14.00 | 12.00 | 6.00 | 1.00 | 1.00 |
Corporate Actions
31 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 12 Jun 2026 | 12 Jun 2026 | — | 4.00 | |
| Dividend | 06 Jun 2025 | 06 Jun 2025 | — | 3.60 | |
| Dividend | 21 Jun 2024 | 21 Jun 2024 | — | 3.60 | |
| Dividend | 22 Jun 2023 | — | — | 3.60 | |
| Split | 28 Jul 2022 | 29 Jul 2022 | 10:1 | — | |
| Dividend | 15 Jun 2022 | — | — | 51.00 | |
| Dividend | 17 Jun 2021 | — | — | 25.00 | |
| Dividend | 06 Aug 2020 | — | — | 10.00 | |
| Dividend | 04 Jul 2019 | — | — | 13.00 | |
| Dividend | 05 Jul 2018 | — | — | 10.00 | |
| Rights | 31 Jan 2018 | 01 Feb 2018 | 4:25 | — | |
| Other | 31 Jan 2018 | 01 Feb 2018 | — | — | Right Issue of Equity Shares |
| Dividend | 20 Jul 2017 | — | — | 10.00 | |
| Dividend | 28 Jul 2016 | — | — | 8.00 | |
| Dividend | 23 Jul 2015 | — | — | 8.00 | |
| Dividend | 14 Jul 2014 | — | — | 10.00 | |
| Other | 14 Jul 2014 | — | — | — | Annual General Meeting / Dividend - Rs.10/- Per Ordinary Share |
| Dividend | 15 Jul 2013 | — | — | 8.00 | |
| Other | 15 Jul 2013 | — | — | — | Annual General Meeting / Dividend - Rs.8/- Per Ordinary Share |
| Dividend | 16 Jul 2012 | — | — | 12.00 | |
| Dividend | 04 Jul 2011 | — | — | 12.00 | |
| Dividend | 12 Jul 2010 | — | — | 8.00 | |
| Dividend | 06 Jul 2009 | — | — | 16.00 | |
| Dividend | 18 Jul 2008 | — | — | 16.00 | NSE/BSE dividend mismatch: NSE=1.6; BSE=16.0 |
| Dividend | 18 Jul 2008 | — | — | 1.60 | NSE/BSE dividend mismatch: NSE=1.6; BSE=16.0 |
| Other | 29 Oct 2007 | 05 Nov 2007 | — | — | Right Issue of Equity Shares |
| Other | 29 Oct 2007 | 05 Nov 2007 | — | — | Right-Eq1:5 & 9ccps:10eq |
| Other | 08 Jun 2007 | — | — | — | Agm/Div Fin-130%+Spl-25% |
| Dividend | 26 May 2006 | — | — | 1.30 | |
| Dividend | 07 Jun 2005 | — | — | 1.30 | |
| Dividend | 24 May 2001 | — | — | 5.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update8 Jul from care
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Rating update30 Jun from icra
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Rating update15 Sep 2025 from care
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Rating update30 Jun 2025 from care
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Rating update24 Feb 2025 from brickwork
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Rating update15 Oct 2024 from care
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