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As of 6 Nov 2026, Tata Steel trades at 21.1× trailing earnings, above the industry P/E of 19.9×, and the shares are 17% below their 52-week high. Sales fell 1.6% a year over 3 years while net profit grew 7.2%, with ROCE of 11% and ROE of 11%. Debt is 0.89× equity, and its dividend yield is 2.1%. It is a large-cap company with a market cap of ₹2.3 lakh crore, ranked 2nd of 150 Steel companies by market cap; the shares rose 1.5% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹180.90
Day high
₹186.30
Day low
₹177.74
Prev. close
₹182.00
Volume
3.4 Cr

Health check

1 good · 2 fair · 3 to check
  • ReturnsBehind

    +1.5% over a year, better than 1 of 7 peers.

  • Price tagIn line

    P/E 21.1 vs industry 19.9.

  • GrowthSlow

    Sales −1.6%, profit +7.2% a year over 3 years.

  • ProfitabilityWeak

    ROCE 11.3% vs peer median 19.4%.

  • Balance sheetFair

    Debt 0.89× equity, interest covered 3.2×, Piotroski 7 of 9.

  • Red flagsNone found

    No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Steel

149 listed peers. Screen the industry

Large cap

₹2.3L Cr, #2 of 150 in its industry by size.

Moves with the market

Beta 0.81 vs the NIFTY 50: tracks the market closely.

Key metrics

Last 12 months to Jun 2026: sales ₹2,39,756 Cr · profit ₹11,035 Cr
Market cap
₹2.3L Cr
Large cap
P/E
21.1
Industry 19.9
Price to book
2.28
Peers 2.92
Dividend yield
2.15%
ROE
11.2%
Peers 24.5%
ROCE
11.3%
Peers 19.4%
Debt to equity
0.89
Debt ₹92,382 Cr
EPS (TTM)
₹8.85
Face value ₹1
OPM (TTM)
15.2%
Net margin 4.6%
Sales growth
+14.5%
Latest quarter vs a year ago
Profit growth
+11.6%
Latest quarter vs a year ago
Price to sales
0.97
EV/EBITDA 9.3

Strengths and risks

Strengths

  • Dividend yield of 2.15%.
  • Positive operating cash flow in each of the last 4 years.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Tata Steel

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…

Headquarters
Mumbai
Employees
1,12,262
Sector
Basic Materials
ISIN
INE081A01020
Website
tatasteel.com

Price range

52 weeks

₹160.06₹224.40

Today

₹177.74₹186.30
Avg volume (3M)
2.5 Cr
1-year return
plus 1.5%
From 52-week high
minus 17.0%

Analyst consensus

35 analysts
BuyMean target ₹216.97 plus 16.5%

Target range, with today’s price

Low ₹175.00High ₹260.00

Next results expected around 7 Nov 2026

Consensus from Yahoo Finance. Not a recommendation.

Peers · Steel

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
JSWSTEELJSW Steel1,357.10plus 0.11%3,31,26511.712.218.7%17.7%0.623.6%plus 14.7%
TATASTEELTata Steel186.30plus 2.36%2,32,39721.19.111.3%15.2%0.89−1.6%plus 1.5%
JINDALSTELJindal Steel1,165.00plus 1.31%1,18,59441.514.97.5%15.9%0.42−13.1%plus 6.4%
LLOYDSMELloyds Metals And Energy1,785.50minus 1.38%1,00,48219.118.819.4%37.4%1.2371.3%plus 37.4%
SAILSteel Authority of India171.60minus 0.41%70,88012.68.17.2%12.9%0.502.0%plus 24.7%
NMDCNMDC70.40minus 0.01%61,8948.36.228.4%30.0%0.1922.0%minus 5.2%
APLAPOLLOAPL Apollo Tubes2,185.30minus 0.41%60,67746.332.728.0%8.2%0.1712.6%plus 23.3%
WELCORPWelspun Corp2,204.90minus 7.57%58,14424.624.119.5%14.4%0.1019.5%plus 157.9%
Median of 7 peers–−0.41%70,88019.114.919.4%15.9%0.4212.6%23.3%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
52,74458,21656,64662,68760,412
45,31749,32048,44652,85951,147
7,4288,8978,2009,8299,264
14.1%15.3%14.5%15.7%15.3%
368414605383329
1,8521,7751,7471,7921,771
2,7442,8933,0493,2683,640
−132−420−140−340−345
3,0674,2223,8694,8103,838
34.6%24.6%29.4%38.4%37.8%
2,0783,1022,6892,9262,318
1.672.492.162.341.86

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−1.6%
Profit CAGR 3Y
+7.2%
EPS CAGR 3Y
+6.5%
ROE
11.2%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
2,41,6362,27,2962,16,8402,30,293
–minus 5.9%minus 4.6%+6.2%
2,10,9882,11,0471,91,5371,95,939
30,64916,24925,30434,355
12.7%7.1%11.7%14.9%
2,6006,6391,1931,420
6,2997,5087,3417,167
9,3419,88810,42611,957
626−6,639−316−682
18,235−1,1478,41315,969
55.7%−328.0%62.3%31.8%
8,760−4,4373,42110,794
–minus 150.7%–+215.6%
7.17-3.622.748.65

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
1,2211,2471,2471,247
1,01,86190,78889,9221,00,920
84,89387,08294,80192,382
1,00,04794,30693,4241,06,705
2,88,0222,73,4242,79,3953,01,254
1,71,6841,76,9921,85,9532,00,134
31,69134,37641,51629,115
1,6943,7864,0043,282
17,1038,85511,30012,072
65,84949,41536,62256,652
2,88,0222,73,4242,79,3953,01,254

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
21,68320,30123,13835,064
−18,680−14,251−13,799−14,905
−6,981−11,097−7,002−21,387
−3,977−5,0482,337−1,228
−14,142−18,207−15,671−14,559
7,5412,0947,46720,505
−6,293−4,429−4,490−4,490

Shareholding pattern

Source: NSE filings
32.9%
promoters
  • Promoters32.94%
  • Public67.06%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202632.94%67.06%0.00
30 Jun 202632.94%67.06%minus 0.25
31 Mar 202633.19%66.81%0.00
31 Dec 202533.19%66.81%0.00
30 Sep 202533.19%66.81%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you