What do the numbers say about Tata Steel Long Products (TATASPONGE)? Here's a look at its financials, valuation, and ownership data.
Tata Sponge Steel Revenue Trend
For FY2021, Tata Steel Long Products recorded revenue of ₹4,750 Cr. That's 36.1% higher than the ₹3,490 Cr it brought in during FY2020.
Tata Steel Long Products has delivered a 21.4% revenue CAGR over 10 years — strong, sustained top-line expansion from ₹681 Cr to ₹4,750 Cr.
Tata Steel Long Products is a mid-sized steel and steel products company by revenue, with a top line of ₹4,750 Cr.
With 5 straight years of revenue growth, this isn't a blip — the trajectory is clear for Tata Steel Long Products.
| Year | Revenue | YoY % |
|---|---|---|
| FY2021 | ₹4,750 Cr | +36.1% |
| FY2020 | ₹3,490 Cr | +251.8% |
| FY2019 | ₹992 Cr | +21.5% |
| FY2018 | ₹817 Cr | +32.8% |
| FY2017 | ₹615 Cr | — |
View Tata Steel Long Products's full 10-year revenue trend with CAGR analysis →
Is Tata Sponge Steel Undervalued
Per the P/E Ratio model, Tata Steel Long Products has an estimated intrinsic value of ₹712 (14.2% downside).
Tata Steel Long Products shares are currently trading at ₹829.45.
Craytheon also calculates intrinsic value using the EPS Growth and DCF models. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹712 | 14.2% downside to fair value |
| EPS Growth | Upgrade | Upgrade |
| DCF | Upgrade | Upgrade |
See all valuation models for Tata Steel Long Products with detailed assumptions →
Tata Sponge Steel Balance Sheet
Proportional view as of 16 Nov 2023. Hover blocks for details.
Assets
Liabilities & Equity
In FY2021, the total asset base came in at ₹59.09B, down 4.3% YoY from ₹61.77B.
Property, Plant & Equipment accounts for 65.1% of the total, ahead of Inventories (13.8%) and Other Assets (9.4%).
Capital structure: 43.9% equity, 24.1% debt, 32.0% operating liabilities. Over the year, debt is down 48.3% and equity is up 28.6%.
Balance sheet composition — FY 2021
| Category | Value |
|---|---|
| Cash & ST Investments | 2.83B |
| Receivables | 751.50M |
| Inventories | 8.13B |
| Property, Plant & Equipment | 38.47B |
| Investments | 388.70M |
| Intangibles & Goodwill | 2.95B |
| Other Assets | 5.57B |
| Category | Value |
|---|---|
| Equity | 25.94B |
| Short-term Debt | 168.20M |
| Long-term Debt | 14.07B |
| Trade Payables | 12.29B |
| Other Liabilities | 6.61B |
Tata Sponge Steel Key Highlights
To sum up Tata Steel Long Products's financial position: the data paints a clear picture for investors evaluating this steel and steel products stock.
Revenue of ₹4,750 Cr in FY2021, up 36.1% year-over-year.
Long-term revenue has been compounding at 21.4% annually over 10 years.
The P/E Ratio model implies 14.2% downside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
Craytheon's full analysis of Tata Steel Long Products goes deeper: three valuation models, growth metrics, and 10 years of financial data.