Tata Steel Key Ratios
NSE: TATASTEEL | BSE: 500470
₹183.85
As on 02-Sep-2026IST
Market cap
₹2,29,196 Cr
Revenue (TTM)
₹2,39,756 Cr
P/E Ratio
20.8
P/B Ratio
2.2
Div. Yield
2.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -3.91 | 14.32 | 10.51 | 0.05 | 5.39 |
| EBIT | -14.26 | 20.10 | 51.54 | 21.57 | -8.65 |
| Net Profit | -19.31 | 16.72 | 142.96 | 64.40 | -11.39 |
| EPS | -20.76 | 11.58 | 143.13 | 87.86 | -12.81 |
| Book Value | -- | -- | 12.25 | -1.25 | 5.73 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 17.11 | 10.72 | 9.73 | 9.65 | 6.81 |
| Net Margin
| 10.85 | 4.87 | 4.51 | 4.66 | 1.44 |
| Return on equity
| 9.88 | 12.41 | 12.05 | 11.44 | 3.52 |
| Return on Capital
| 11.90 | 14.38 | -- | 12.70 | 8.99 |
| Return on Assets
| 6.02 | 4.38 | 3.75 | 3.81 | 1.17 |
| Debt to Equity (x)
| -- | -- | 0.62 | 0.84 | 0.99 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
--
|
12.70
|
8.99
|
3.61
|
13.53
|
|
Peer Median
|
--
|
12.70
|
14.07
|
--
|
--
|
ROE
12.05
Higher than Peers by 1.99
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
12.05
|
11.44
|
3.52
|
-5.09
|
7.48
|
|
Peer Median
|
10.06
|
9.58
|
12.37
|
--
|
--
|
ROA
3.75
Lower than Peers by 0.53
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
3.75
|
3.81
|
1.17
|
-1.77
|
2.84
|
|
Peer Median
|
4.28
|
5.36
|
7.53
|
--
|
--
|
EBIT Margin
9.73
Higher than Peers by 1.72
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
9.73
|
9.65
|
6.81
|
5.41
|
9.42
|
|
Peer Median
|
8.01
|
8.84
|
8.78
|
--
|
--
|
Net Margin
4.51
Lower than Peers by 0.68
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
4.51
|
4.66
|
1.44
|
-2.13
|
3.30
|
|
Peer Median
|
5.19
|
6.18
|
6.53
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
--
|
9.84
|
6.22
|
2.17
|
7.15
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
10.51
Higher than Peers by 6.48
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
10.51
|
6.22
|
-4.64
|
-5.83
|
-0.25
|
|
Peer Median
|
4.03
|
10.51
|
3.51
|
--
|
--
|
EBIT Growth
51.54
Higher than Peers by 36.93
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
51.54
|
50.55
|
20.02
|
-45.92
|
-57.86
|
|
Peer Median
|
14.62
|
33.63
|
2.75
|
--
|
--
|
Net Profit Growth
142.96
Higher than Peers by 122.36
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
142.96
|
242.99
|
164.64
|
-160.80
|
-80.66
|
|
Peer Median
|
20.60
|
50.86
|
-1.04
|
--
|
--
|
EPS Growth
143.13
Higher than Peers by 127.68
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
143.13
|
215.56
|
177.08
|
-149.59
|
-78.18
|
|
Peer Median
|
15.45
|
39.32
|
-1.70
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
--
|
12.25
|
-0.80
|
-11.67
|
-9.84
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.62
Higher than Peers by 0.49
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
0.62
|
0.84
|
0.99
|
0.90
|
0.76
|
|
Peer Median
|
0.13
|
0.32
|
0.35
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
--
|
0.15
|
0.13
|
0.15
|
0.15
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.75
Lower than Peers by 0.58
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
0.75
|
0.75
|
0.79
|
0.72
|
0.89
|
|
Peer Median
|
1.33
|
1.42
|
1.48
|
--
|
--
|
Quick Ratio
0.26
Lower than Peers by 0.33
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
0.26
|
0.26
|
0.28
|
0.22
|
0.33
|
|
Peer Median
|
0.59
|
0.70
|
0.73
|
--
|
--
|
Interest Coverage
3.31
Lower than Peers by 0.55
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
3.31
|
3.23
|
2.15
|
0.85
|
3.90
|
|
Peer Median
|
3.85
|
4.21
|
4.94
|
--
|
--
|
Operating Efficiency
Debtors to sales
2.05
Lower than Peers by 6.90
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
2.05
|
2.12
|
2.41
|
2.73
|
3.39
|
|
Peer Median
|
8.95
|
9.94
|
11.58
|
--
|
--
|
Asset Turnover
0.83
Lower than Peers by 0.19
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
0.83
|
0.81
|
0.80
|
0.83
|
0.86
|
|
Peer Median
|
1.02
|
1.08
|
1.13
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
--
|
8.00
|
9.62
|
11.56
|
15.38
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
--
|
72.20
|
78.29
|
82.48
|
77.42
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
--
|
123.77
|
113.73
|
121.88
|
120.22
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
--
|
-43.56
|
-25.82
|
-27.83
|
-27.42
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
20.77
Lower than Peers by 8.04
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
20.77
|
22.16
|
56.24
|
--
|
14.56
|
|
Peer Median
|
28.81
|
28.81
|
25.84
|
--
|
--
|
Price / Book Value
2.23
Lower than Peers by 0.29
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
2.23
|
2.38
|
2.14
|
2.15
|
1.25
|
|
Peer Median
|
2.52
|
2.66
|
2.59
|
--
|
--
|
Dividend Yield
2.18
Higher than Peers by 1.88
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
2.18
|
2.09
|
2.33
|
2.31
|
3.45
|
|
Peer Median
|
0.30
|
0.20
|
0.40
|
--
|
--
|
EV/EBITDA
8.10
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
8.10
|
8.79
|
10.05
|
11.09
|
5.77
|
|
Peer Median
|
--
|
18.68
|
16.36
|
--
|
--
|
Market Cap
2,29,196
Higher than Peers by 2,22,942
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Tata Steel
|
2,29,196
|
2,39,220
|
1,92,383
|
1,94,428
|
1,27,590
|
|
Peer Median
|
6,255
|
3,950
|
3,320
|
--
|
--
|