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Tata Steel Limited TATASTEEL.NS

IN · National Stock Exchange of India · XNSE · stock · Basic Materials · website

Tata Steel Limited statistics & valuation

Market cap₹2.29T
P / E21.2×
P / S1.0×
P / B2.2×
P / FCF11.2×
Dividend yield1.96%
Net margin4.7%
Return on equity10.6%
FCF margin8.9%
Net debt₹835.0B
Enterprise value USD$32.8B
Earnings yield EBIT/EV7.2%
Return on capital11%
Graham number -31.2%₹126.25

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (₹126.25); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
3.60% -2.00% 1.60% 4.70% 2023202420252026
Gross margin (%)
39.60% 40.40% 43.20% 46.50% 2023202420252026
Operating margin (%)
8.80% 5.40% 6.90% 9.70% 2023202420252026
Return on equity (%)
8.50% -4.80% 3.80% 10.60% 2023202420252026
Shares outstanding
12.47B 12.47B 12.47B 12.47B 2023202420252026
Net debt (₹)
₹727.63B ₹800.01B ₹851.96B ₹834.97B 2023202420252026
Share buybacks (₹)
2023202420252026
Return on assets (%)
3.00% -1.60% 1.20% 3.60% 2023202420252026
Free cash flow margin (%)
3.10% 0.90% 3.40% 8.90% 2023202420252026
Debt / equity (×)
0.82× 0.95× 1.04× 0.90× 2023202420252026
EPS (₹)
₹7.17 -₹3.62 ₹2.74 ₹8.65 2023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023
Gross margin46.5%43.2%40.4%39.6%
Operating margin9.7%6.9%5.4%8.8%
Net margin4.7%1.6%-2.0%3.6%
FCF margin8.9%3.4%0.9%3.1%
Return on assets3.6%1.2%-1.6%3.0%
Return on equity10.6%3.8%-4.8%8.5%
Debt / equity0.62×0.75×0.56×0.50×
Current ratio0.750.790.720.89

Computed from company filings · IN · as of 2026-03-31. Figures in INR. Facts plus Stocktoria's own computed scores — not investment advice.