Company has spent 3.28% of its operating revenues towards interest expenses and 10.69% towards employee cost in the year ending Mar 31, 2024. (Source: Consolidated Financials)
Tata Steel Share Price
Tata Steel Share Price
Tata Steel share price insights
Stock gave a 3 year return of 17.53% as compared to Nifty 100 which gave a return of 34.97%. (as of last trading session)
Stock generated 17.53% return as compared to Nifty Metal which gave investors 64.46% return over 3 year time period. (as of last trading session)
Tata Steel Ltd. share price moved up by 0.55% from its previous close of Rs 139.46. Tata Steel Ltd. stock last traded price is 140.22
Share Price Value Today/Current/Last 140.22 Previous Day 139.46
Key Metrics
PE Ratio (x) | 59.99 | ||||||||||
EPS - TTM (₹) | 2.34 | ||||||||||
MCap (₹ Cr.) | 1,75,044 | ||||||||||
Sectoral MCap Rank | 2 | ||||||||||
PB Ratio (x) | 1.88 | ||||||||||
Div Yield (%) | 2.57 | ||||||||||
Face Value (₹) | 1.00 | ||||||||||
Beta Beta
| 1.55 | ||||||||||
VWAP (₹) | 139.77 | ||||||||||
52W H/L (₹) |
Tata Steel Share Price Returns
1 Day | 0.55% |
1 Week | 1.62% |
1 Month | -9.55% |
3 Months | -7.7% |
1 Year | 11.07% |
3 Years | 18.17% |
5 Years | 264.11% |
Tata Steel News & Analysis
Stocks in news: Tata Steel, M&M, Trent, Blue Star, Hindalco
NewsStocks in news: SpiceJet, Mankind Pharma, Vodafone Idea, Aarti Drugs, BHEL, RIL
NewsCompliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
AnnouncementsCompliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Announcements
Tata Steel Share Recommendations
Recent Recos
Current
Mean Recos by 30 Analysts
SellSellHoldBuyStrong
Buy
- Target₹167
- OrganizationICICI Securities
- BUY
- Target₹197
- OrganizationAxis Securities
- BUY
Analyst Trends
Ratings | Current | 1 Week Ago | 1 Month Ago | 3 Months Ago |
---|---|---|---|---|
Strong Buy | 6 | 6 | 5 | 5 |
Buy | 9 | 9 | 8 | 8 |
Hold | 8 | 8 | 9 | 7 |
Sell | 1 | 1 | 1 | 3 |
Strong Sell | 6 | 6 | 6 | 5 |
# Analysts | 30 | 30 | 29 | 28 |
Tata Steel Financials
Insights
Employee & Interest Expense
Company has spent 3.28% of its operating revenues towards interest expenses and 10.69% towards employee cost in the year ending Mar 31, 2024. (Source: Consolidated Financials)
Quarterly | Annual Sep 2024 Jun 2024 Mar 2024 Dec 2023 Sep 2023 Total Income 54,503.30 55,031.30 58,863.22 55,539.77 55,910.16 Total Income Growth (%) -0.96 -6.51 5.98 -0.66 -7.84 Total Expenses 50,342.09 50,970.28 55,249.10 51,804.48 60,792.86 Total Expenses Growth (%) -1.23 -7.74 6.65 -14.79 7.19 EBIT 4,161.21 4,061.02 3,614.12 3,735.29 -4,882.70 EBIT Growth (%) 2.47 12.37 -3.24 - -223.56 Profit after Tax (PAT) 833.45 959.61 611.48 513.37 -6,196.24 PAT Growth (%) -13.15 56.93 19.11 - -1,077.40 EBIT Margin (%) 7.63 7.38 6.14 6.73 -8.73 Net Profit Margin (%) 1.53 1.74 1.04 0.92 -11.08 Basic EPS (₹) 0.67 0.77 0.49 0.42 -5.07 All figures in Rs Cr, unless mentioned otherwise
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Total Assets 2,73,423.50 2,88,021.74 2,85,445.60 2,45,487.21 2,50,419.45 Total Assets Growth (%) -5.07 0.90 16.28 -1.97 7.21 Total Liabilities 1,80,990.76 1,82,846.53 1,68,347.14 1,67,978.76 1,74,256.55 Total Liabilities Growth (%) -1.01 8.61 0.22 -3.60 7.37 Total Equity 92,432.74 1,05,175.21 1,17,098.46 76,733.45 73,887.90 Total Equity Growth (%) -12.12 -10.18 52.60 3.85 7.06 Current Ratio (x) 0.72 0.89 1.02 0.85 0.95 Total Debt to Equity (x) 0.89 0.76 0.60 1.10 1.59 Contingent Liabilities 46,125.93 34,871.14 33,004.72 25,723.75 26,907.88 All figures in Rs Cr, unless mentioned otherwise
Insights
Decrease in Cash from Investing
Company has used Rs 14251.44 cr for investing activities which is an YoY decrease of 23.71%. (Source: Consolidated Financials)
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Net Cash flow from Operating Activities 20,300.67 21,683.08 44,380.99 44,326.68 20,168.72 Net Cash used in Investing Activities -14,251.44 -18,679.84 -10,881.23 -9,322.88 -14,530.35 Net Cash flow from Financing Activities -11,096.99 -6,980.69 -23,401.09 -37,089.67 -1,694.62 Net Cash Flow -5,049.06 -3,477.06 10,074.88 -2,200.26 4,462.04 Closing Cash & Cash Equivalent 7,080.84 12,129.90 15,606.96 5,532.08 7,732.34 Closing Cash & Cash Equivalent Growth (%) -41.62 -22.28 182.12 -28.46 159.86 Total Debt/ CFO (x) 4.02 3.60 1.55 1.82 5.62 All figures in Rs Cr, unless mentioned otherwise
Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 Return on Equity (%) -4.82 8.49 35.08 10.19 2.18 Return on Capital Employed (%) 8.13 12.58 28.31 12.69 5.79 Return on Assets (%) -1.62 3.04 14.06 3.05 0.62 Interest Coverage Ratio (x) 3.21 5.29 11.77 4.13 1.44 Asset Turnover Ratio (x) 0.82 0.85 0.92 0.63 59.48 Price to Earnings (x) -43.86 14.58 3.98 12.99 19.88 Price to Book (x) 2.11 1.24 1.39 1.32 0.43 EV/EBITDA (x) 11.10 5.83 3.35 5.59 7.06 EBITDA Margin (%) 10.52 13.69 26.34 20.06 13.19 MANAGEMENT DISCUSSION AND ANALYSIS (FY 20-21)
Gross debt and Net debt
Net debt was lower by Rs 29,390 crore over previous year. Gross Debt at ?88,501 crore was lower by Rs 27,827 crore as compared to the previous year. Decrease in Gross Debt was mainly due to repayment / pre-payment of borrowings including lease liabilities. These decreases were partly offset by addition to leases (mainly at TSE) along with higher amortisation of loan issue expenses, primarily due to pre-payments and increase due to re-classification of SEA operations into continuing operations from held for sale. The decrease in Net Debt was in line with decrease in gross debt along with increase in current investments mainly at Tata Steel (Standalone) and at TSBSL, partly offset by decrease in cash and bank balances mainly at Tata Steel Global Holdings.
Fiscal stimulus and outlook
Steel demand is expected to be strong due to recovery in manufacturing businesses around the world and global fiscal stimulus supporting infrastructure projects. The outlook for 2021 is expected to be positive because of the unprecedented fiscal stimulus provided by the governments across Europe, the US, Japan, Korea, Russia and China. These stimulus packages are expected to spur growth in these nation?s respective infrastructure sectors, boosting steel demand. China is expected to grow by 5% in 2021 with continuation of healthy demand conditions especially in the first half of 2021. Steel demand in key emerging economies (like India, Turkey) and Europe is expected to witness double digit recovery while Asia and Middle-East are likely to grow by 5%. While it is expected that steel prices will consolidate closer to historical levels, prices are likely to remain high supported by (i) strong iron ore prices, (ii) rebound in coking coal prices, (iii) positive impact from stimulus plans, and (iv) improved business confidence from the roll-out of vaccines. Strong rebound of demand in 2021, in addition to supply-side reforms in China could lead to higher steel prices globally.
Lower demand, but higher realizations.
The turnover of TSG was at ?1,56,294 crore during FY 2020-21, an increase of 5% over the previous financial year due to increase in realisations across geographies, partly offset by marginal decline in deliveries. The EBITDA of TSG was ?30,892 crore during the FY 2020-21 as compared to ?18,103 crore in the previous year due to improvement in realisations along with lower cost and favourable exchange rate movement at other foreign entities. The impact of COVID-19 has been much more benign for the steel industry due to resurgent demand in China and better than expected post lockdown recovery globally in second half of 2020. China and Turkey were two key countries that saw an increase in finished steel demand of 9% and 13% respectively in 2020. North America and the European Union (?EU?) have experienced strong decline in steel demand owing to the COVID-19 pandemic. Both regions experienced demand decline of around 11%-16%. India also contributed to global decline, as steel consumption in India declined by 13.7% to 88.5 MnT in 2020 against 102.6 MnT in 2019.
Tata Steel Technicals
Stock doesn't have any Buy/Sell Signals.
- 46%Positive Movement since
1st Jan 2005 on basis54%Negative Movement since
1st Jan 2005 on basisExclude Pivot Levels
R1 R2 R3 PIVOT S1 S2 S3 Classic 139.66 141.39 144.33 138.45 136.72 135.51 132.57 Average True Range
5 DAYS 14 DAYS 28 DAYS ATR 4.02 4.15 4.10
Tata Steel Peer Comparison
Insights
Stock Returns vs Nifty 100
Stock gave a 3 year return of 17.53% as compared to Nifty 100 which gave a return of 34.97%. (as of last trading session)Stock Returns vs Nifty Metal
Stock generated 17.53% return as compared to Nifty Metal which gave investors 64.46% return over 3 year time period. (as of last trading session)
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Stock Returns vs Nifty 100
Stock gave a 3 year return of 17.53% as compared to Nifty 100 which gave a return of 34.97%. (as of last trading session)Stock Returns vs Nifty Metal
Stock generated 17.53% return as compared to Nifty Metal which gave investors 64.46% return over 3 year time period. (as of last trading session)
See All Parameters
Tata Steel MF Ownership
787.30
Amount Invested (in Cr.)
1.94%
% of AUM
0.00
% Change (MoM basis)
779.94
Amount Invested (in Cr.)
1.2%
% of AUM
155.69
% Change (MoM basis)
772.51
Amount Invested (in Cr.)
2.8%
% of AUM
52.94
% Change (MoM basis)
MF Ownership as on 31 October 2024
Tata Steel F&O Quote
- Expiry
Price
140.350.62 (0.44%)
Open Interest
24,05,42,500-3,123,500 (-1.28%)
Open High Low Prev Close Contracts Traded Turnover (₹ Lakhs) 139.67 141.87 137.38 139.73 62,687 93,082.84 Open Interest as of 21 Nov 2024
- Type
- Expiry
- Strike Price
Price
1.20-0.10 (-7.69%)
Open Interest
88,60,500-198,000 (-2.19%)
Open High Low Prev Close Contracts Traded Turnover (₹ Lakhs) 1.10 1.90 0.75 1.30 49,204 75,035.68 Open Interest as of 21 Nov 2024
Tata Steel Corporate Actions
Meeting Date Announced on Purpose Details Nov 06, 2024 Oct 29, 2024 Board Meeting Quarterly Results & Others Jul 31, 2024 Jul 23, 2024 Board Meeting Quarterly Results Jul 15, 2024 Jun 24, 2024 AGM - May 29, 2024 May 27, 2024 Board Meeting Audited Results, Final Dividend & Others Mar 19, 2024 Mar 15, 2024 Board Meeting Others Type Dividend Dividend per Share Ex-Dividend Date Announced on Final 360% 3.6 Jun 21, 2024 May 29, 2024 Final 360% 3.6 Jun 22, 2023 May 02, 2023 Final 510% 51.0 Jun 15, 2022 May 04, 2022 Final 250% 6.25 Jun 17, 2021 May 05, 2021 Final 100% 2.5 Aug 06, 2020 Jul 07, 2020 All Types Ex-Date Record Date Announced on Details Splits Jul 28, 2022 Jul 29, 2022 May 03, 2022 Split: Old FV10.0| New FV:1.0 Rights Jan 31, 2018 Feb 01, 2018 Dec 20, 2017 Rights ratio: 2 share for every 25 held at a price of Rs 615.0 Rights Jan 31, 2018 Feb 01, 2018 Dec 19, 2017 Rights ratio: 4 share for every 25 held at a price of Rs 510.0 Rights Oct 29, 2007 Nov 05, 2007 Apr 17, 2007 Rights ratio: 1 share for every 5 held at a price of Rs 300.0 Bonus Aug 11, 2004 Aug 12, 2004 Jun 07, 2004 Bonus Ratio: 1 share(s) for every 2 shares held
About Tata Steel
Tata Steel Ltd., incorporated in the year 1907, is a Large Cap company (having a market cap of Rs 1,75,044.08 Crore) operating in Metals - Ferrous sector. Tata Steel Ltd. key Products/Revenue Segments include Steel & Steel Products, Others, Power and Other Operating Revenue for the year ending 31-Mar-2024. Show More
Executives
Auditors
- RN
Ratan N Tata
Chairman EmeritusNCN Chandrasekaran
Chairman & Non-Exe.DirectorNNNoel Naval Tata
Non Executive Vice ChairmanTVT V Narendran
Managing Director & CEOShow More - Price Waterhouse & Co Chartered Accountants LLP
Industry
Key Indices Listed on
Nifty 50, BSE Sensex, Nifty 100, + 40 more
Address
Bombay House,24, Homi Mody Street,Fort,Mumbai, Maharashtra - 400001
More Details
FAQs about Tata Steel share
- 1. What is Tata Steel share price and what are the returns for Tata Steel share?Tata Steel share price was Rs 140.22 as on 21 Nov, 2024, 03:59 PM IST. Tata Steel share price was up by 0.55% based on previous share price of Rs. 141.21.
- 2. What is 52 week high/low of Tata Steel share price?Tata Steel share price saw a 52 week high of Rs 184.60 and 52 week low of Rs 124.05.
- 3. Who's the chairman of Tata Steel?Ratan N Tata is the Chairman Emeritus of Tata Steel
- 4. Is Tata Steel giving dividend?An equity Final dividend of Rs 3.6 per share was declared by Tata Steel Ltd. on 29 May 2024. So, company has declared a dividend of 360% on face value of Rs 1 per share. The ex dividend date was 21 Jun 2024.
- 5. What is the CAGR of Tata Steel?The CAGR of Tata Steel is 10.01.
- 6. What is the market cap of Tata Steel?Within the Metals - Ferrous sector, Tata Steel stock has a market cap rank of 2. Tata Steel has a market cap of Rs 1,75,044 Cr.
- 7. Who are the key owners of Tata Steel stock?Following are the key changes to Tata Steel shareholding:
- Promoter holding have gone down from 33.7 (31 Dec 2023) to 33.19 (30 Sep 2024)
- Domestic Institutional Investors holding have gone down from 22.97 (31 Dec 2023) to 22.59 (30 Sep 2024)
- Foreign Institutional Investors holding have gone down from 20.0 (31 Dec 2023) to 19.25 (30 Sep 2024)
- Other investor holding has gone up from 23.33 (31 Dec 2023) to 24.97 (30 Sep 2024)
- 8. Who are peers to compare Tata Steel share price?Within Metals - Ferrous sector Tata Steel, JSW Steel Ltd., Jindal Steel & Power Ltd., Steel Authority of India (SAIL) Ltd., Shyam Metalics and Energy Ltd., Technocraft Industries (India) Ltd., Prakash Industries Ltd., Steel Exchange India Ltd., Manaksia Steels Ltd., Visa Steel Ltd. and Incredible Industries Ltd. are usually compared together by investors for analysis.
- 9. Who is the CEO of Tata Steel?T V Narendran is the Managing Director & CEO of Tata Steel
- 10. What are the returns for Tata Steel share?Return Performance of Tata Steel Shares:
- 1 Week: Tata Steel share price moved up by 1.62%
- 3 Month: Tata Steel share price moved down by 7.70%
- 11. What are the Tata Steel quarterly results?Total Revenue and Earning for Tata Steel for the year ending 2024-03-31 was Rs 230979.63 Cr and Rs -4437.44 Cr on Consolidated basis. Last Quarter 2024-09-30, Tata Steel reported an income of Rs 54503.30 Cr and profit of Rs 833.45 Cr.
- 12. What are the key metrics to analyse Tata Steel Share Price?Tata Steel share can be quickly analyzed on following metrics:
- Stock's PE is 59.99
- Price to Book Ratio of 1.88
- 13. What is the PE & PB ratio of Tata Steel?The PE ratio of Tata Steel stands at 59.66, while the PB ratio is 1.88.
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