What follows is a data-driven look at Tata Steel Ltd. (TATASTEEL), examining financial performance, valuation, and shareholding trends.
Tata Steel Revenue Trend
Tata Steel Ltd. posted revenue of ₹2,33,541 Cr in FY2026, a 6.1% increase from ₹2,20,083 Cr the prior year.
Over the longer arc, Tata Steel Ltd.'s revenue expanded from ₹1,17,151 Cr to ₹2,33,541 Cr at a 7.1% CAGR, a pace that is moderate but consistent.
By revenue, Tata Steel Ltd. ranks among the larger steel and steel products producers, with a top line of ₹2,33,541 Cr.
| Year | Revenue | YoY % |
|---|---|---|
| FY2026 | ₹2,33,541 Cr | +6.1% |
| FY2025 | ₹2,20,083 Cr | -4.7% |
| FY2024 | ₹2,30,979 Cr | -5.5% |
| FY2023 | ₹2,44,390 Cr | -0.1% |
| FY2022 | ₹2,44,744 Cr | — |
View Tata Steel Ltd.'s full 10-year revenue trend with CAGR analysis →
Tata Steel Profitability
Net income came in at ₹10,886 Cr in FY2026, up 243.0% from the prior year, a meaningful recovery in profitability.
The net margin expanded to 4.7% in FY2026, up from the 1.4% posted in FY2025.
Per-share, diluted earnings reached ₹8.65 in FY2026, compared to ₹2.74 in FY2025.
Is Tata Steel Undervalued
Using a P/E Ratio framework, Tata Steel Ltd.'s fair value works out to ₹163, sitting 14.8% downside from the current price.
The shares are currently trading at ₹191.19.
Craytheon also calculates intrinsic value using the EPS Growth model. For the full breakdown and underlying assumptions, see the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹163 | 14.8% downside to fair value |
| EPS Growth | Upgrade | Upgrade |
See all valuation models for Tata Steel Ltd. with detailed assumptions →
Tata Steel Shareholding Pattern
Promoter stake has been flat at 33.2% for the past 4 quarters.
Foreign institutional investors hold 19.1%, up from 17.7% in the year-ago quarter.
Domestic institutional holding was 26.9% as of March 2026, up from 26.2% a year earlier.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 33.2% | 19.1% | 26.9% | 20.9% |
| Dec 2025 | 33.2% | 18.0% | 27.2% | 21.7% |
| Sep 2025 | 33.2% | 17.8% | 27.1% | 21.9% |
| Jun 2025 | 33.2% | 17.7% | 26.2% | 22.8% |
Track quarterly shareholding changes for Tata Steel Ltd. →
Tata Steel Balance Sheet
Proportional view as of 10 Jul 2026. Hover blocks for details.
Assets
Liabilities & Equity
FY2026 total assets: ₹3,012.54B (up 7.8% YoY from ₹2,793.95B).
Top categories: Property, Plant & Equipment (58.9%), Inventories (15.7%), Other Assets (11.6%).
Of the ₹3,012.54B in liabilities and equity, 34.4% is shareholder equity, 30.7% is interest-bearing debt, and 34.9% is operating liabilities. Over the year, debt is down 2.6% and equity is up 13.6%.
Balance sheet composition — FY 2026
| Category | Value |
|---|---|
| Cash & ST Investments | 98.88B |
| Receivables | 49.17B |
| Inventories | 472.49B |
| Property, Plant & Equipment | 1,773.89B |
| Investments | 67.89B |
| Intangibles & Goodwill | 199.57B |
| Other Assets | 350.65B |
| Category | Value |
|---|---|
| Equity | 1,037.80B |
| Short-term Debt | 223.95B |
| Long-term Debt | 699.87B |
| Trade Payables | 348.10B |
| Other Liabilities | 702.82B |
Tata Steel Investment Snapshot
Tata Steel Ltd.'s (TATASTEEL) latest reported numbers carry a few headline takeaways worth keeping in mind.
Revenue reached ₹2,33,541 Cr in FY2026, up 6.1% year-over-year.
Over 10 years, revenue has compounded at a 7.1% annual rate.
The company is profitable, posting a net margin of 4.7% and net income of ₹10,886 Cr.
The P/E Ratio model implies 14.8% 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.
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