Balance Sheet Tata Steel Limited

Equities

TATASTEEL

INE081A01020

Iron & Steel

Market Closed - Bombay S.E. Other stock markets 05:27:24 2025-01-24 am EST			5-day change	1st Jan Change
130.00 ^INR	-0.38%		-0.23%	-5.87%

Jan. 10	Tata Steel Limited Receives an Adjudication Order from the Collector of Stamps Enforcement - I, Mumbai, Government of Maharashtra	CI
Jan. 08	Trishakti Industries Gets New Order Worth INR90 Million	MT

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Published financial data: TATA STEEL LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	1,398B	1,563B	2,440B	2,434B	2,292B
Total Revenues	1,398B	1,563B	2,440B	2,434B	2,292B
Cost of Goods Sold, Total	620B	628B	903B	1,198B	1,123B
Gross Profit	778B	935B	1,537B	1,236B	1,168B
Selling General & Admin Expenses, Total	209B	222B	259B	253B	282B
Provision for Bad Debts	-	-	-	-	-
Depreciation & Amortization - (IS)	84.41B	92.34B	91.01B	93.35B	98.82B
Other Operating Expenses	402B	426B	628B	676B	663B
Other Operating Expenses, Total	695B	740B	979B	1,023B	1,044B
Operating Income	83.09B	195B	558B	213B	124B
Interest Expense, Total	-75.33B	-76.07B	-54.62B	-62.99B	-75.08B
Interest And Investment Income	14.62B	3.22B	2.79B	3.85B	5.22B
Net Interest Expenses	-60.71B	-72.84B	-51.83B	-59.13B	-69.85B
Income (Loss) On Equity Invest.	1.88B	3.27B	6.49B	4.18B	-580M
Currency Exchange Gains (Loss)	7.14B	18.95B	-13.32B	16.58B	420M
Other Non Operating Income (Expenses)	2.42B	1.98B	2.09B	4B	834M
EBT, Excl. Unusual Items	33.82B	146B	502B	179B	55B
Restructuring Charges	-2.57B	-3.56B	-5.87B	-936M	-43.93B
Merger & Related Restructuring Charges	-	-	-	-12.9M	-
Impairment of Goodwill	-700M	-1.17B	-932M	-	-
Gain (Loss) On Sale Of Investments	-1.48B	2.48B	1.52B	4.1B	2.85B
Gain (Loss) On Sale Of Assets	1.85B	1.64B	8.51B	233M	10.13B
Asset Writedown	-31.27B	-7.25B	-2.54B	424M	-35.52B
Other Unusual Items	-1.96B	-	-	-	-
EBT, Incl. Unusual Items	-2.32B	138B	502B	182B	-11.47B
Income Tax Expense	-25.68B	56.54B	84.78B	102B	37.63B
Earnings From Continuing Operations	23.37B	81.9B	417B	80.75B	-49.1B
Earnings Of Discontinued Operations	-11.63B	-	-	-	-
Net Income to Company	11.74B	81.9B	417B	80.75B	-49.1B
Minority Interest	3.83B	-7B	-15.95B	6.85B	4.72B
Net Income - (IS)	15.57B	74.9B	402B	87.6B	-44.37B
Preferred Dividend and Other Adjustments	1.99B	1.81B	10.9M	-	-
Net Income to Common Incl Extra Items	13.57B	73.09B	402B	87.6B	-44.37B
Net Income to Common Excl. Extra Items	25.2B	73.09B	402B	87.6B	-44.37B
Per Share Items
Net EPS - Basic	1.19	6.38	33.24	7.17	-3.62
Basic EPS - Continuing Operations	2.2	6.38	33.24	7.17	-3.62
Basic Weighted Average Shares Outstanding	11.45B	11.46B	12.08B	12.21B	12.27B
Net EPS - Diluted	1.19	6.38	33.21	7.17	-3.62
Diluted EPS - Continuing Operations	2.2	6.38	33.21	7.17	-3.62
Diluted Weighted Average Shares Outstanding	11.45B	11.46B	12.09B	12.21B	12.27B
Normalized Basic EPS	2.18	7.37	24.63	9.7	3.19
Normalized Diluted EPS	2.18	7.37	24.61	9.7	3.19
Dividend Per Share	1	2.5	5.1	3.6	3.6
Payout Ratio	112.68	18.84	7.59	71.08	-99.38
American Depositary Receipts Ratio (ADR)	10	10	10	10	10
Supplemental Items
EBITDA	167B	275B	638B	296B	213B
EBITA	83.09B	195B	558B	213B	124B
EBIT	83.09B	195B	558B	213B	124B
EBITDAR	191B	298B	665B	325B	250B
Total Revenues (As Reported)	1,417B	1,572B	2,447B	2,444B	2,310B
Effective Tax Rate - (Ratio)	1.11K	40.84	16.88	55.72	-328.02
Total Current Taxes	20.85B	42.88B	70.5B	53.61B	52.9B
Total Deferred Taxes	-46.53B	13.66B	14.28B	47.98B	-15.28B
Normalized Net Income	24.96B	84.44B	298B	118B	39.1B
Interest Capitalized	2.41B	1.6B	1.79B	2.91B	6.49B
Interest on Long-Term Debt	6.74B	6.76B	6.36B	5.82B	5.49B
Non-Cash Pension Expense	-4.67B	-5.94B	-3.64B	-4.72B	10.85B
Supplemental Operating Expense Items
Selling and Marketing Expenses	-	-	-	-	-
Research And Development Expense From Footnotes	7.56B	7.47B	7.83B	8.59B	9.53B
Net Rental Expense, Total	23.25B	22.48B	26.72B	29.23B	37B
Imputed Operating Lease Interest Expense	13.32B	13.64B	14.7B	19.21B	28.08B
Imputed Operating Lease Depreciation	9.93B	8.84B	12.02B	10.02B	8.92B
Maintenance & Repair Expenses, Total	68.61B	75.93B	96.89B	117B	123B

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	75.42B	55.32B	156B	121B	70.81B
Short Term Investments	-	-	-	-	-
Trading Asset Securities, Total	34.32B	72.19B	85.24B	36.3B	7.31B
Total Cash And Short Term Investments	110B	128B	241B	158B	78.12B
Accounts Receivable, Total	78.85B	95.4B	122B	82.57B	62.64B
Other Receivables	1.77B	1.87B	904M	1.53B	1.55B
Notes Receivable	2.16B	647M	58.4M	18.4M	16M
Total Receivables	82.78B	97.92B	123B	84.12B	64.2B
Inventory	311B	333B	488B	544B	492B
Restricted Cash	5.13B	2.5B	2.94B	1.84B	5.79B
Other Current Assets, Total	79B	41.43B	69.66B	78.35B	65.79B
Total Current Assets	587B	602B	926B	866B	705B
Gross Property Plant And Equipment	2,046B	2,141B	2,192B	2,416B	2,564B
Accumulated Depreciation	-577B	-675B	-735B	-833B	-919B
Net Property Plant And Equipment	1,469B	1,466B	1,457B	1,582B	1,645B
Long-term Investments	28.54B	35.03B	46.15B	47.92B	55.45B
Goodwill	40.55B	43.45B	43.11B	56.02B	57.45B
Other Intangibles, Total	30.69B	38.55B	52.9B	140B	129B
Loans Receivable Long-Term	4.89B	3.37B	724M	647M	731M
Deferred Tax Assets Long-Term	12.7B	15.78B	30.24B	26.26B	41.11B
Deferred Charges Long-Term	79.5M	1.1M	400K	0	0
Other Long-Term Assets, Total	330B	251B	298B	161B	99.76B
Total Assets	2,504B	2,455B	2,854B	2,880B	2,734B
Liabilities
Accounts Payable, Total	178B	218B	311B	325B	302B
Accrued Expenses, Total	111B	144B	194B	182B	204B
Short-term Borrowings	192B	94.92B	212B	160B	136B
Current Portion of Long-Term Debt	19.13B	54.77B	28.78B	106B	164B
Current Portion of Leases	11.26B	11.24B	10.36B	10.64B	9.7B
Current Income Taxes Payable	6.1B	44.24B	13.83B	19.24B	21.67B
Unearned Revenue Current, Total	346M	640M	1.3B	919M	637M
Other Current Liabilities	98.39B	141B	135B	170B	146B
Total Current Liabilities	617B	709B	906B	973B	984B
Long-Term Debt	882B	657B	448B	514B	516B
Long-Term Leases	58.97B	67.11B	56.96B	58.11B	45.39B
Unearned Revenue Non Current	1.51B	1.44B	1.37B	1.32B	4.34B
Pension & Other Post Retirement Benefits	62.54B	66.06B	65.64B	59.44B	67.08B
Deferred Tax Liability Non Current	92.61B	92.41B	123B	141B	130B
Other Non Current Liabilities	28.24B	87.11B	82.71B	81.02B	63.38B
Total Liabilities	1,743B	1,680B	1,683B	1,828B	1,810B
Common Stock, Total	11.45B	11.97B	12.21B	12.21B	12.47B
Additional Paid In Capital	278B	310B	313B	313B	313B
Retained Earnings	303B	287B	678B	604B	477B
Comprehensive Income and Other	143B	134B	141B	102B	118B
Total Common Equity	736B	742B	1,144B	1,031B	920B
Minority Interest	25.87B	32.7B	26.55B	20.93B	3.97B
Total Equity	762B	775B	1,171B	1,052B	924B
Total Liabilities And Equity	2,504B	2,455B	2,854B	2,880B	2,734B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	11.46B	11.97B	12.23B	12.22B	12.48B
ECS Total Common Shares Outstanding	11.46B	11.97B	12.23B	12.22B	12.48B
Book Value / Share	62.22	61.35	93.56	84.34	73.73
Tangible Book Value	665B	660B	1,048B	835B	734B
Tangible Book Value Per Share	56	54.5	85.71	68.3	58.77
Total Debt	1,163B	885B	756B	849B	871B
Net Debt	1,054B	758B	514B	691B	793B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-251B	-181B	-186B	-54.49B	15.83B
Debt Equivalent Oper. Leases	186B	180B	214B	234B	296B
Minority Interest, Total (Incl. Fin. Div)	25.87B	32.7B	26.55B	20.93B	3.97B
Equity Method Investments, Total	21.69B	24.76B	29.62B	32.33B	29.47B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	95.12B	115B	204B	208B	197B
Inventories - Work In Process, Total	42.73B	45.63B	66.02B	94.39B	56.92B
Inventories - Finished Goods, Total	125B	120B	161B	175B	168B
Inventories - Others	47.63B	51.95B	56.5B	66.93B	69.32B
Land - (BS)	173B	177B	180B	185B	186B
Buildings, Total	236B	243B	250B	263B	278B
Machinery, Total	1,313B	1,387B	1,396B	1,494B	1,608B
Full Time Employees	70.21K	73.96K	72.55K	117K	122K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	3.09B	3.6B	2.65B	7.55B	3.35B

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	15.57B	74.9B	402B	87.6B	-44.37B
Depreciation & Amortization - CF	84.41B	92.34B	91.01B	93.35B	98.82B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	84.41B	92.34B	91.01B	93.35B	98.82B
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	43.6M	-1.64B	-8.51B	-233M	-10.17B
(Gain) Loss on Sale of Investments - (CF)	-20.1M	-208M	498M	-1.16B	-381M
Asset Writedown & Restructuring Costs	31.97B	10.79B	8.4B	683M	79.09B
(Income) Loss On Equity Investments - (CF)	-1.88B	-3.27B	-6.49B	-4.18B	580M
Net Cash From Discontinued Operations	2.95B	-	-	-	-
Other Operating Activities, Total	26.69B	105B	53.55B	77.83B	45.61B
Change In Accounts Receivable	-	-	-	-	-
Change In Inventories	15.62B	457M	-169B	-40.31B	55.66B
Change In Accounts Payable	-	-	-	-	-
Change in Other Net Operating Assets	26.34B	164B	72.99B	3.25B	-21.82B
Cash from Operations	202B	443B	444B	217B	203B
Capital Expenditure	-104B	-69.79B	-105B	-141B	-182B
Sale of Property, Plant, and Equipment	3.86B	4.45B	5.69B	3.28B	4.75B
Cash Acquisitions	-44.33B	-	-532M	-106B	-
Divestitures	3.78B	900M	12.08B	1.66B	1.23B
Investment in Marketable and Equity Securities, Total	-8.45B	-34.07B	-11.08B	48.88B	26.92B
Net (Increase) Decrease in Loans Originated / Sold - Investing	81.6M	258M	-810M	816M	-73.3M
Other Investing Activities, Total	3.73B	5.02B	-8.93B	5.68B	6.71B
Cash from Investing	-145B	-93.23B	-109B	-187B	-143B
Short Term Debt Issued, Total	76.66B	-	115B	-	7.91B
Long-Term Debt Issued, Total	89.07B	98.01B	9.07B	168B	133B
Total Debt Issued	166B	98.01B	124B	168B	141B
Short Term Debt Repaid, Total	-	-100B	-	-56.2B	-
Long-Term Debt Repaid, Total	-89.66B	-305B	-277B	-57.2B	-129B
Total Debt Repaid	-89.66B	-405B	-277B	-113B	-129B
Issuance of Common Stock	-	32.42B	3.27B	14.6M	-
Repurchase of Common Stock	-	-15B	-7.75B	-	-
Common Dividends Paid	-17.54B	-14.11B	-30.48B	-62.27B	-44.1B
Common & Preferred Stock Dividends Paid	-17.54B	-14.11B	-30.48B	-62.27B	-44.1B
Other Financing Activities, Total	-75.48B	-67.6B	-46.74B	-61.83B	-79.17B
Cash from Financing	-16.95B	-371B	-234B	-69.81B	-111B
Foreign Exchange Rate Adjustments	5.18B	-1.14B	-238M	5B	-13M
Net Change in Cash	44.62B	-22B	101B	-34.77B	-50.49B
Supplemental Items
Cash Interest Paid	74.19B	68.04B	46.87B	61.2B	81.45B
Cash Income Tax Paid (Refund)	24.15B	7.04B	119B	55.19B	53.2B
Levered Free Cash Flow	31.36B	253B	198B	60.16B	6.91B
Unlevered Free Cash Flow	78.44B	301B	232B	99.53B	53.83B
Change In Net Working Capital	-46.09B	-156B	103B	-14.53B	-59.47B
Net Debt Issued / Repaid	76.07B	-307B	-152B	54.28B	12.3B

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	2.15	4.91	13.14	4.64	2.76
Return on Total Capital	2.85	6.8	19.45	6.95	4.2
Return On Equity %	3.17	10.66	42.91	7.27	-4.97
Return on Common Equity	3.54	9.89	42.56	8.05	-4.55
Margin Analysis
Gross Profit Margin %	55.64	59.84	62.99	50.78	50.98
SG&A Margin	14.92	14.18	10.63	10.41	12.31
EBITDA Margin %	11.98	17.6	26.16	12.17	9.3
EBITA Margin %	5.94	12.47	22.88	8.75	5.42
EBIT Margin %	5.94	12.47	22.88	8.75	5.42
Income From Continuing Operations Margin %	1.67	5.24	17.11	3.32	-2.14
Net Income Margin %	1.11	4.79	16.46	3.6	-1.94
Net Avail. For Common Margin %	1.8	4.68	16.46	3.6	-1.94
Normalized Net Income Margin	1.79	5.4	12.2	4.87	1.71
Levered Free Cash Flow Margin	2.24	16.2	8.11	2.47	0.3
Unlevered Free Cash Flow Margin	5.61	19.24	9.51	4.09	2.35
Asset Turnover
Asset Turnover	0.58	0.63	0.92	0.85	0.82
Fixed Assets Turnover	0.99	1.07	1.67	1.6	1.42
Receivables Turnover (Average Receivables)