Financials of Tata Steel Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Tata Steel Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +62,96259,49055,68255,31258,68754,77153,90553,64856,21853,17858,68957,00263,270
Expenses +55,74254,58751,41449,04852,08748,07747,78947,74549,65945,75149,79348,80353,441
Operating Profit7,2194,9034,2686,2646,6016,6946,1165,9036,5597,4288,8978,2009,829
OPM %11%8%8%11%11%12%11%11%12%14%15%14%16%
Other Income +2771,190-6,568-33-382-6617142149236-646542
Interest1,7941,8251,9591,8811,8421,7771,9711,8041,7891,8521,7751,7471,792
Depreciation2,3822,4122,4802,4222,5682,5352,5972,5692,7202,7442,8933,0493,268
Profit before tax3,3211,855-6,7391,9281,8092,3772,1641,6722,2003,0674,2223,8694,810
Tax %53%72%-3%73%69%61%65%82%45%35%25%29%38%
Net Profit +1,566525-6,5115225559197592951,2012,0073,1832,7302,965
EPS in Rs1.390.52-5.070.420.490.770.670.261.041.662.482.152.34

Financials of Tata Steel Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +139,504101,965112,299123,249157,669139,817156,477243,959243,353229,171218,543232,140
Expenses +136,095102,59099,156101,816128,351122,354125,973180,469211,053206,923193,244197,788
Operating Profit3,409-62513,14421,43329,31817,46330,50463,49032,30022,24825,29834,352
OPM %2%-1%12%17%19%12%19%26%13%10%12%15%
Other Income +5,99410,346-3,78910,8981,524-2,8841801,3001,569-6,005877738
Interest4,8484,2215,0725,4557,6607,5337,6075,4626,2997,5087,3417,167
Depreciation5,9445,3065,6735,7427,3428,4419,2349,1019,3359,88210,42111,955
Profit before tax-1,388193-1,39121,13515,841-1,39513,84450,22718,235-1,1478,41315,969
Tax %185%358%200%16%42%-184%41%17%56%328%62%32%
Net Profit +-3,939-497-4,16917,7439,1221,1748,19041,7498,075-4,9103,17410,886
EPS in Rs-3.48-0.34-3.7611.939.071.386.2632.887.17-3.552.748.65
Dividend Payout %-20%-203%-23%9%15%74%40%16%50%-101%131%46%

Financials of Tata Steel Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital9719709701,1451,1451,1451,1981,2211,2211,2471,2471,247
Reserves30,37842,76236,84959,72667,78072,43173,041113,222101,86190,78889,922100,920
Borrowings +80,70181,98783,01492,147100,816116,32888,50175,56184,89387,08294,80192,382
Other Liabilities +47,05951,16551,61455,70463,03259,24581,16992,41797,42190,19589,488106,705
Total Liabilities159,109176,884172,447208,722232,773249,149243,909282,422285,396269,312275,459301,254
Fixed Assets +68,10072,20092,00796,105124,442134,551135,775133,288146,621148,814150,914180,895
CWIP28,67835,99615,78416,61418,64119,49719,00722,04631,21334,35641,62227,510
Investments3,45510,71412,45717,8995,7386,28510,68213,1408,4106,2586,1947,089
Other Assets +58,87657,97452,20078,10383,95288,81678,445113,94899,15179,88576,72885,760
Total Assets159,109176,884172,447208,722232,773249,149243,909282,422285,396269,312275,459301,254

Financials of Tata Steel Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +11,88011,45510,8248,02325,33620,16944,32744,38121,68320,30123,51235,064
Cash from Investing Activity +-9,021-8,794-9,490-11,730-29,176-14,012-9,437-10,905-18,179-14,253-13,985-14,905
Cash from Financing Activity +-2,617-4,729-2,5796,640-673-1,695-37,090-23,401-6,981-11,097-7,002-21,387
Net Cash Flow241-2,068-1,2452,933-4,5134,462-2,20010,075-3,477-5,0492,524-1,228
Free Cash Flow-1691,5233,39772416,71210,15637,79334,4287,8682,5699,10521,901
CFO/OP420%-2,078%96%51%104%128%148%89%84%115%103%115%

Financials of Tata Steel Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days3543383727212218121098
Inventory Days165180230224190197215213175176171184
Days Payable126167172161130136167161122108113136
Cash Conversion Cycle745696998782697166786756
Working Capital Days-6-47-32-31-18-38-55-34-42-59-50-54
ROCE %1%1%6%12%14%6%12%31%13%7%9%13%