Tata Steel financials

Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹60,794cr+14.3% on Q1 FY26
Net profit
₹2,385cr+18.8% on Q1 FY26
EBITDA margin
15.2%+1.3 pts on Q1 FY26
EPS
₹1.86+11.4% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue60,79453,178+14.3%
EBITDA9,2647,428+24.7%
EBITDA margin15.2%14.0%+1.3 pts
Profit before tax3,7412,987+25.2%
Net profit2,3852,007+18.8%
EPS₹1.86₹1.67+11.4%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹60,794 crNet profit₹2,385 crNet margin3.9%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
2,11,154————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
9,8889,88810,0487,81215,760
1,6131,6131833972,093
92,38292,38294,80187,08284,893
2,95,260————
2,39,7562,32,1402,18,5432,29,1712,43,353
—+6.2%−4.6%−5.8%—
36,18934,35225,29822,30632,300
15.1%14.8%11.6%9.7%13.3%
23,33922,39814,87712,42422,965
11,26410,8863,174−4,9108,075
4.7%4.7%1.5%−2.1%3.3%
₹8.85₹8.65₹2.74−₹3.56₹7.02
—+215.6%+177.1%−150.7%—
—35,06423,51220,30121,683
—−14,559−15,671−18,207−14,142
20,50520,5057,8412,0947,541
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

TATASTEEL₹169.27

Tata Steel Ltd.

· Metal & Mining
₹ CrorePeersJSWSTEELSAILJINDALSTELADANIENTHINDALCOHINDZINCVEDLNMDCMcap ₹2.11L Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————2,11,154.2
- Cash, Equiv & ST Investments15,760.07,812.110,047.69,888.59,888.5
+ Minority Interest2,093.1397.0183.21,612.81,612.8
+ Total Debt84,893.187,082.194,801.192,381.792,381.7
Enterprise Value————2,95,260.2
Revenue2,43,352.72,29,170.82,18,542.52,32,139.92,39,756.1
Growth %, YoY—-5.8-4.6+6.2—
EBITDA32,300.222,305.925,298.534,352.436,189.2
Margin %13.279.7311.5814.8015.09
EBIT22,965.012,423.714,877.122,397.923,339.4
Net Income8,075.4-4,909.63,173.810,885.811,263.7
Margin %3.32-2.141.454.694.70
EPS, Adj (current shares)7.02-3.562.748.658.85
Growth %, YoY—-150.7+177.1+215.6—
Cash from Operations21,683.120,300.723,511.835,064.5—
Capital Expenditures-14,142.5-18,206.6-15,670.5-14,559.1—
Free Cash Flow7,540.62,094.17,841.320,505.420,505.4
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 193%.

Tata Steel financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

Tata Steel (NSE: TATASTEEL) had a market capitalisation of ₹2,11,391 crore at the 29 October 2026 close (₹169.46 a share), a PE ratio of 19.2 on the last four quarters' profit and a price-to-book ratio of 2.07. In FY26 its consolidated net profit attributable to shareholders was ₹10,794 crore on revenue of ₹2,32,140 crore; in Q1 FY27 (April–June 2026) it was ₹2,318 crore, up 11.6% year on year. Its debt-to-equity ratio was 0.89 on 31 March 2026. Promoters held 32.94% of the shares on 30 September 2026.

Share price used
₹169.46 · 29 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026
Share price and live chart
₹169.46 · 29 Oct close

Tata Steel at a glance · consolidated

Market cap
₹2,11,391 Crat ₹169.46 · 29 Oct close
PE ratio (last 4 quarters)
19.219.6 on FY26 profit
Price to book (PB)
2.07book value ₹81.90 a share
ROE (FY26)
11.2%+7.4 pts vs FY25ROCE 11.3%
Debt to equity
0.89net debt ₹81,321 Cr
Promoter holding
32.94%unchanged vs 30 Jun 202630 September 2026
Dividend yield
2.36%₹4 a share in 12 months
Net worth
₹1,02,168 Cr+12.1% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
₹20,505 Cr+161.5% vs FY25

Questions

What is the Tata Steel PE ratio today?

Tata Steel's PE ratio is 19.2 at the 29 October 2026 close (₹169.46 a share): a market capitalisation of ₹2,11,391 crore divided by consolidated net profit attributable to shareholders of ₹11,035 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹10,794 crore) it is 19.6.

What is the Tata Steel PB ratio (price to book value)?

Tata Steel's price-to-book (PB) ratio is 2.07 at the 29 October 2026 close: a market capitalisation of ₹2,11,391 crore divided by shareholders' equity (book value) of ₹1,02,168 crore on 31 March 2026. That is a book value of ₹81.90 per share against a share price of ₹169.46.

What is the Tata Steel net worth?

Tata Steel's net worth — shareholders' equity in its consolidated balance sheet — was ₹1,02,168 crore (₹1.02 lakh crore) on 31 March 2026, up 12.1% from ₹91,170 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹2,11,391 crore at the 29 October 2026 close.

What is the Tata Steel market cap?

Tata Steel's market capitalisation was ₹2,11,391 crore (₹2.11 lakh crore) at the 29 October 2026 close: 1,247.44 crore shares at ₹169.46 each.

What is the Tata Steel EPS?

Tata Steel's basic earnings per share (EPS) were ₹8.65 in FY26, against ₹2.74 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹8.85.

What is the Tata Steel dividend in 2026 and its record date?

In 2026, Tata Steel has declared one dividend: ₹4 with record date 12 June 2026.

Is Tata Steel debt free?

No. Tata Steel had borrowings of ₹92,382 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.89. Its cash and current investments were ₹11,061 crore, so its net debt was ₹81,321 crore.

What is the Tata Steel debt to equity ratio?

Tata Steel's debt-to-equity ratio was 0.89 on 31 March 2026: borrowings of ₹92,382 crore against total equity of ₹1,03,780 crore. A year earlier, on 31 March 2025, it was 1.04.

What is the Tata Steel dividend yield?

Tata Steel's dividend yield is 2.36% at the 29 October 2026 close: dividends of ₹4 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹169.46. They were ₹4 on 12 June 2026.

What is the Tata Steel ROE and ROCE?

In FY26, Tata Steel's return on equity (ROE) was 11.2% and its return on capital employed (ROCE) was 11.3%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 3.7% and ROCE 8.1%.

What is the Tata Steel shareholding pattern?

On 30 September 2026, Tata Steel's shares were held by promoters 32.94%, foreign portfolio investors (FII/FPI) 18.19%, domestic institutions (DII) 27.52% (including mutual funds at 16.12%) and retail and other non-institutional investors 21.33%. Over the year, FII holding was up 0.41 percentage points from 17.78% and DII holding was up 0.43 percentage points from 27.09%.

What are the Tata Steel latest quarterly results?

Tata Steel's latest results are for Q1 FY27 (April–June 2026), filed on 30 July 2026: consolidated net profit attributable to shareholders ₹2,318 crore, up 11.6% from ₹2,078 crore in Q1 FY26; revenue from operations ₹60,794 crore, up 14.3% year on year.

What is the Tata Steel book value per share?

Tata Steel's book value per share was ₹81.90 on 31 March 2026: shareholders' equity of ₹1,02,168 crore divided by the 1,247.44 crore shares in issue, up 12.1% from ₹73.09 a year earlier. The share price at the 29 October 2026 close was ₹169.46.

What is the Tata Steel promoter holding?

Promoters held 32.94% of Tata Steel on 30 September 2026, unchanged from the previous quarter and down 0.25 percentage points from 33.19% a year earlier, according to the shareholding pattern filed with NSE.

What is the Tata Steel free cash flow?

In FY26, Tata Steel generated ₹35,064 crore of cash from operations and spent ₹14,559 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹20,505 crore. In FY25 it was ₹7,841 crore.

What is the Tata Steel revenue and profit in FY26?

In FY26 (April 2025–March 2026), Tata Steel's consolidated net profit attributable to shareholders was ₹10,794 crore, up 215.6% from ₹3,421 crore in FY25, on revenue from operations of ₹2,32,140 crore (up 6.2%). Over three years, from FY23, net profit was up 23.2%.

When are the Tata Steel next results?

Tata Steel will announce its Q2 FY27 results (July–September 2026) on Saturday, 7 November 2026, the date of the board meeting it has notified to the exchanges.

How does the Tata Steel PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, Tata Steel's PE ratio is 19.6, the third highest of the four: JSW Steel 13.7, SAIL 19.7 and Jindal Steel 32.0, a peer average of 21.8. Each is the company's market capitalisation at that price divided by its FY26 net profit.

How does Tata Steel compare with its peers?

On FY26 consolidated figures, against JSW Steel, SAIL and Jindal Steel: Tata Steel's operating margin of 9.7% is the third highest of the four (JSW Steel 10.9%, SAIL 5.4%, Jindal Steel 12.2%; peer average 9.5%); its return on equity of 11.2% is the second highest of the four (JSW Steel 24.9%, SAIL 5.7%, Jindal Steel 6.9%; peer average 12.5%); its revenue growth over three years of −1.6% a year is the lowest of the four (JSW Steel 3.8% a year, SAIL 2.0% a year, Jindal Steel 0.3% a year; peer average 2.0% a year).

Tata Steel vs JSW Steel: how do they compare?

In FY26, Tata Steel earned net profit attributable to shareholders of ₹10,794 crore on revenue of ₹2,32,140 crore, against ₹22,316 crore on ₹1,85,470 crore for JSW Steel. Tata Steel's operating margin was 9.7% (JSW Steel 10.9%) and its return on equity 11.2% (JSW Steel 24.9%). At the 29 October 2026 close, Tata Steel's market capitalisation was ₹2,11,391 crore against ₹3,06,318 crore for JSW Steel, and its PE ratio on FY26 profit 19.6 against 13.7.

Where do these Tata Steel figures come from?

From Tata Steel's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.