Asia300

Tata Steel Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
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  • 5y
Mar 23, 2017
Prev close: 495.45
Mar 23, 2017
Market cap:
Market cap(USD):
481,188.71M
7,341.34M
Shares: 971.21M

Currency in INR

Company profile

Market(Ticker): BOM(500470)
Sector:
Industry:
Non-Energy Minerals
Steel
Full time employees: 76,952

Business summary

Tata Steel Ltd. is a holding company, which engages in the manufacture and marketing of steel and allied products. The firm produces and sells agricultural equipment, bearings, construction, flat, and long products. It operates through the following segments: Steel, Ferro Alloys and Minerals, and Others. The company was founded by Jamsetji Nusserwanji Tata on August 26, 1907 and is headquartered in Mumbai, India.

Company background

Tata Steel is India's largest private-sector steelmaker and was the first to operate a modern blast furnace in the country. Tata Steel is the brainchild of Jamsetji Tata, the late founder of Tata group.
Impressed by a Scottish historian's remark that "the nation which gains control of iron soon acquires the control of gold," Tata set up an iron and steel company in 1907. Jamshedpur, an industrial city in eastern India that is home to Tata Steel's largest plant, came to be named after Jamsetji and became a company town. After India gained its independence in 1947, the government gave preferential treatment to state-owned steelmakers. Even so, Tata Steel has remained one of India's most powerful steel companies.
Tata Sons, the holding company of Tata group, and the group companies own a 30% stake in Tata Steel, with Tata group Chairman Cyrus Mistry also serving as chairman of the steelmaker.
Tata Steel made headlines around the world when it bought Anglo-Dutch steel company Corus in 2007, creating a new global steel giant. As Tata Steel expands its global reach, it has established a foothold in Southeast Asia and elsewhere. The Indian company has a tie-up with Japan's Nippon Steel & Sumitomo Metal, operating a joint venture in India to make steel sheet for the automotive industry.

In the news

Financial highlights

Mar 2016

  • Local currency
  • US Dollar
Revenue 1,159.51B
Gross profit 216,251.6M
Operating income 13,079.7M
Income before tax -16,740.4M
Net income -30,493.2M
EBITDA 63,898.09M
Diluted EPS -33.23
Dividends per share 8
Total assets 1,632.50B
Total liabilities 1,308.21B
Total equity 307,736.2M
Operating cash flow 79,065.5M

Currency in INR

Revenue 17,710.44M
Gross profit 3,303.02M
Operating income 199.77M
Income before tax -255.69M
Net income -465.75M
EBITDA 975.97M
Diluted EPS -0.50
Dividends per share 0.12
Total assets 24,651.74M
Total liabilities 19,754.90M
Total equity 4,647.00M
Operating cash flow 1,207.64M

Currency in USD

Valuation measures

Mar 2016

PER --
ROA -1.89%
ROE -9.46%
Operating margin 1.12%
Profit margin -2.62%

Key executive

  • Chief Financial Officer & Executive Director: Koushik Chatterjee
  • Secretary, Compliance Officer & IR Contact: Parvatheesam Kanchinadham
  • Executive Director & MD-India and South East Asia: Thachat Viswanath Narendran
  • Assistant Manager-Coal Mines: D. C. Panigrahi
  • Head-Marketing & Sales: Atrayee Sanyal

Share holders

  • Tata Sons Ltd.(30.0%)
  • HDFC Asset Management Co. Ltd.(5.0%)
  • Reliance Nippon Life Asset Management Ltd.(2.3%)
  • ICICI Prudential Asset Management Co. Ltd.(2.1%)
  • Dimensional Fund Advisors LP(1.1%)
  • Norges Bank Investment Management(0.9%)
  • BlackRock Fund Advisors(0.8%)
  • APG Asset Management NV(0.7%)
  • Birla Sun Life Asset Management Co. Ltd.(0.7%)
  • The Vanguard Group, Inc.(0.7%)

Address

  • Website: http://www.tatasteel.com
  • Address: Bombay House, 24, Homi Mody Street, Mumbai, 400001, India
  • Phone: +91.22.66658282

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