Tata Steel Limited share price

NSE: TATASTEEL · BSE: 500470 · ISIN INE081A01020

Key numbers

Market cap
₹ 2,34,480 Cr
Current price
₹ 187.97
52-week high / low
₹ 224 / 160
Stock P/E
21.3
Book value
₹ 81.8
Dividend yield
2.13%
ROCE
12.2%
ROE
11.2%
Debt to equity
0.90
Sales growth (3 yrs)
-1.6%
Profit growth (3 yrs)
7.2%
1-year return
8.9%

About Tata Steel Limited

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, wire rods; and metallic coated, pre-finished steels, alloy steels, and profiles and construction systems. The company also provides solutions in building envelopes, structural, fit-out, foundations, and highway engineering products, as well as operates steel service centers. It serves agricultural, automotive steels, construction, consumer goods, energy and power, engineering, and material handling industries. It has a strategic collaboration with Hindustan Zinc Limited to scale low-carbon zinc solutions. The company was incorporated in 1907 and is based in Mumbai, India.

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales52,74458,21656,64662,68760,412
Operating profit7,4288,8978,2009,8299,264
Net profit2,0783,1022,6892,9262,318
EPS (₹)1.672.492.162.341.86

Concall summary (2026-08-06)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • In 1QFY27, India EBITDA was higher by 32% YoY to about Rs.
  • The proposal is still aligned with the EU climate law, targeting about 90% net reduction in GHG em issions by 2040, but has slowed the pressure for the pace of industrial decarboni sation in the near decade.

Growth & demand

  • As you know, we have a market share of about 50% in the auto sector.
  • Our well-established brands, Tata Tiscon, grew volumes 33% YoY, supported by our extensive distributio n network which today covers 97% of India's districts.

Margins & costs

  • So, this has helped us deliver an EBITDA margin of 27%, which is higher than the 10-year average.
  • 9,409 crores, which translates to a 26 - 27% EBITDA margin reflecting a margin improvement of about 95 basis points on QoQ basis.

Capex & expansion

  • The temporary shutdown of our Direct Sheet Plant has weighed on the operational performance because the Direct Sheet Plant , or DSP as we refer to it, is about 20% of our production in Netherlands, and that has been closed since the first week of April.
  • The Direct Sheet Plant annual capacity is about 1.4 million tons, which as Naren also mentioned, is 20% of our total volumes.

Balance sheet & cash

  • On the balance sheet, net debt stands at about Rs.
  • 84,000 crores and the net debt to EBITDA is comfortably at 2.3x, which is within our stated range of 2 .5 to 3 x through the cycle.

Peers in Steel

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