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Company details

106.70
108.20
82.71
153.46
6M Return -8.86%
1Y Return -25.89%
Mkt Cap.(Cr) 13,094.80
Volume 3,616,970
Div Yield 4.75%
OI
-
OI Chg %
-
Volume 3,616,970

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SWOT

  • swot

  • technicals

  • deals

  • shareholding


EMA SMA

Delivery and volume

Our Research View

Trading recommendation

Call Date

16 Aug 2021

Entry Price

1,436.00

Target Price

1,540.00

Duration

1 Month

Stop Loss

1,318.00

BUY

Investment recommendation

European operations surprise positively…

Call Date

05 May 2022

Entry Price

1,261.00

Target Price

-

Duration

12 Month

Rapid Results

Q1FY23 Quarterly Result Announced for Tata Steel Ltd.

Tata Steel Announced Q1FY23 results:

  • Consolidated EBITDA of Rs 15,047 crores. On QoQ basis, EBITDA margin improved to 24% while EBITDA per ton increased by Rs 3,780 to Rs 22,717.
  • Consolidated Profit after tax stood at Rs.7,714 crores.
  • Net debt of Rs.54,504 crores. Net Debt to EBITDA at 0.87x and Net Debt to Equity at 0.48x.
  • The 6 MTPA Pellet plant at Kalinganagar will be commissioned in 3QFY23 followed by the Cold Roll Mill complex and the 5 MTPA expansion.
  • Tata Steel Long Products, a subsidiary of Tata Steel, has completed the acquisition of Neelachal Ispat Nigam Limited on 4th July 2022.

Mr. T V Narendran, Chief Executive Officer & Managing Director: “This has been a challenging quarter for the Global and Indian economy with rising interest rates, supply chain constraints and slowdown in China due to COVID. Despite these multiple headwinds, Tata Steel has delivered a strong performance with an improvement in margins. Our strong marketing franchise and superior business model in India enabled us to successfully pivot and increase our domestic deliveries to counter the 15% duty imposed on steel exports in the middle of the quarter. We continue to drive value accretive growth in India backed by investments in customer relationships, brands and distribution networks and remain well positioned to benefit from the buoyant automotive & retail housing demand and the government spend on infrastructure. Our European business delivered a sharp improvement in performance as long term contracts and product mix helped drive a strong increase in realizations. We are geared towards commissioning the 6 MTPA pellet plant at Kalinganagar in 3QFY23 which will drive cost savings followed by the CRM complex and the 5 MTPA expansion project. Our subsidiary, Tata Steel Long Products, has completed the strategic acquisition of Neelachal Ispat Nigam Limited and will drive growth of our long products business. We continue to progress on our sustainability journey and are committed to being net zero by 2045. We are also focused on making Tata Steel more diverse & inclusive and were ranked 3rd among manufacturing companies by Great Place to Work in India.”

 

 

Result PDF

Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 114,443.04 Cr FV: 1.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 2,384.58 23,141.09
LAST 3M 49,521.50 -18,551.54
LAST 6M 129,719.68 -157,153.27
LAST 12M 215,295.98 -222,611.80
  • Announcement
  • Corporate action
  • No Data Found

Date Action Type Ratio
Jul 28, 2022 Split 1:10
Jun 15, 2022 Dividend 510
Jun 17, 2021 Dividend 250

Information

  • About Company
  • Company Info
  • Listing Info
3.36
33.92%
92.9713
29.16%
44.54%
Description
  • TATA STEEL LIMITED is engaged in the Steel sector. The company has a market capitalization worth INR 1,06,448.44 Cr as of 16th April 2021. It was founded in 1907 in India as Asia's first integrated private steel company. The company has reported net consolidated revenue of 17,965.66 Cr at the end of December 2020. This company is found listed on the Bombay Stock Exchange(BSE), having the code 500470 and on the National Stock Exchange (NSE) with the symbol TATASTEEL. The company was formerly known as Tata Iron and Steel Company Limited and is a subsidiary of the Tata Group. The company boasts about being the world's second-most geographically-diversified steel producer, and it operates in 26 countries around the world. Tata Steel Limited is an Indian global steel-making firm located in Jamshedpur, Jharkhand. It is headquartered in Mumbai, Maharashtra, India. The Tata Group owns this company. After the Steel Authority of India Limited, India's second-largest steel corporation has an annual capacity of 13 million tonnes (SAIL). Tata Steel agreed to buy the steel-making facilities of Singapore-based NatSteel for $486.4 million in cash in August 2004. Tata Steel acquired the entire company Bhushan Steel in 2017–18 and renamed Tata Steel BSL. The company relishes an annual steel production of 33 Mn/annum as of 16th April 2021. Tata Steel successfully delivered 16.26mn/ annum of steel to the local market in the FY 2019, increasing 34% over the previous year. Tata Steel has shown positive traits as it has achieved the highest ever crude steel production of 4.75 million tonnes in the 4th Quarter of Financial Year 2021 with a 3% growth in the 4th Quarter. The Promoter pledge has dropped to an all-time low of 1.55 per cent for the firm. The firm has recovered its market capitalization of Rs. 1 trillion. The company's crude steel output increased by 3% to 4.60 million. The company's debt stood at Rs 1,17,457 crores as of 31st March 2020. There is an increase in the holdings of FII from 14.6 in June 2019 to 18.56 as of March 2021. The company has recorded a growth in Net Profit in the December 2020 Quarter of Rs.3922 Cr as against the September 2020 Quarter of Rs. 1591 crores.

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Registered Address

Bombay House, 24 Homi Mody Street Fort, Mumbai, Maharashtra, 400001

Tel : 91-022-66658282
Email : cosec:tatasteel.com
Website : http://www.tatasteel.com

Registrar

TSR Consultants P Ltd

AGM Date (Month) : Jun
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 500470
NSE Code : TATASTEEL
Book Closure Date (Month) : Jun
BSE Group : A
ISIN : INE081A01020

ICICIdirect Tata Steel Ltd FAQ

You can buy Tata Steel Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Tata Steel Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Aug 08, 2022 04:01 PM the closing price of Tata Steel Ltd was ₹ 107.20.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Aug 08, 2022 04:01 PM, the market cap of Tata Steel Ltd stood at ₹ 13,094.80.
The latest PE ratio of Tata Steel Ltd as of Aug 08, 2022 04:01 PM is 3.36
The latest PB ratio of Tata Steel Ltd as of Aug 08, 2022 04:01 PM is 0.87
The 52-week high of Tata Steel Ltd is ₹ 153.46 while the 52-week low is ₹ 82.71 .
According to analyst recommendations, Tata Steel Ltd has a “Buy” rating for the long term.

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