profit from every ₹100 of sales.
₹0₹100
Tata Steel
₹184.85-2.81% today
+6.9% since Dec 15, 25
1-year low ₹167.601-year high ₹221.13
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹21.36 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Tata Steel sold, what it kept, and what it did with the cash.
Sales went from ₹2.42 trillion in 2023 to ₹2.30 trillion in 2026, with ₹108 billion of profit last year.
SalesProfit
Tata Steel handed back 22% of the cash it generated last year.
₹44.9B
Free cash flow 2026₹205.1B
Bought back its own shares–
Paid as dividends₹44.9B
Cash vs. debt₹88.8B vs. ₹923.8B
Tata Steel vs. similar companies
Tata Steel grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Tata Steel | 21.4× · Fair price | ||
 Nucor | 33.4× · Expensive | ||
 ArcelorMittal | 15.7× · Fair price | ||
 JSW Steel | 14.7× · Cheap | ||
 Steel Dynamics | 28.3× · Fair price |
AI analysis
An AI analyst reads Tata Steel's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 2,416,363 | 2,272,962 | 2,168,404 | 2,302,935 | |
| 955,961 | 917,190 | 937,415 | 1,072,010 | |
| 213,072 | 123,817 | 148,771 | 223,979 | |
| 338,752 | 162,489 | 261,802 | 350,928 | |
| 87,604 | -44,374 | 34,205 | 107,939 | |
| 7.17 | -3.62 | 2.74 | 8.65 | |
| 39.6% | 40.4% | 43.2% | 46.5% | |
| 8.8% | 5.4% | 6.9% | 9.7% | |
| 3.6% | -2.0% | 1.6% | 4.7% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 2,880,217 | 2,734,235 | 2,793,948 | 3,012,541 |
| Cash | 121,299 | 70,808 | 96,050 | 88,850 |
| Total debt | 848,931 | 870,821 | 948,011 | 923,817 |
| Total liabilities | 1,828,465 | 1,809,908 | 1,880,420 | 1,974,737 |
| 1,030,821 | 920,358 | 911,696 | 1,021,677 | |
| 12,214 | 12,271 | 12,475 | 12,475 | |
| 9.8% | 2.7% | 6.4% | 8.9% | |
| 8.5% | -4.8% | 3.8% | 10.6% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 216,831 | 203,007 | 231,376 | 350,645 | |
| 141,425 | 182,066 | 156,705 | 145,591 | |
| 75,406 | 20,941 | 74,671 | 205,054 | |
| Dividends paid | 62,926 | 44,288 | 44,899 | 44,899 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 21.4×
- –
- 3.31
- 2.5×
- 1.0×
- 11.2×
- 8.9×
- 8.9%
- 4.7%
- 1.9%
Profitability
- 46.5%
- 9.7%
- 4.7%
- –
- 8.9%
- 6.9%
- –
- –
- –
- –
Growth
- −1.6%
- +6.5%
- –
- –
- +0.7%
Financial health
- 2.4×
- 0.90
- –
- 3.2×
- 0.75
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 36%of 990
Bottom 48%of 949
Bottom 49%of 766
Bottom 30%of 927
Top 15%of 988
1.9%of the share price, paid each year
On $1,000 invested$19a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
41.6% of its profit
Room to growStretchedMore than it earns: 21.9%
News
An intense boardroom battle is brewing at India's giant Tata GroupCNBC · Sep 18, 2026Porsche inks $1.5 billion deal for AI deployment with India’s largest IT services firm Tata ConsultancyCNBC · Aug 25, 2026Tata chairman’s shock exit move puts JLR owner's bets on chips, iPhones and Air India at riskCNBC · Aug 14, 2026The newest story we have is from Sep 18, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
37No pass
Benjamin Graham
33No pass
Philip Fisher
44No pass
Peter Lynch
17No pass
Joel Greenblatt
36No pass
Charlie Munger
25No pass
Terry Smith
25No pass
Questions about Tata Steel
Is Tata Steel a good stock to buy?
A business with weak numbers at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Tata Steel AI analysis
What does Tata Steel do?
Tata Steel Limited engages in the manufacture and distribution of steel products in India and internationally. It is in Steel, based in Mumbai, India, with 112,262 employees.
Does Tata Steel pay a dividend?
Yes. At today's price the dividend is 1.9% a year, about 42% of its yearly profit. In 2026 it paid out ₹44.9 billion in dividends.
Is Tata Steel stock halal?
No. Tata Steel does not pass our halal screen: its debt is 40% of its market value, at or above the 33% limit. How we check
Who are Tata Steel's competitors?
The largest listed companies in the same industry are Nucor, ArcelorMittal, JSW Steel and Steel Dynamics. The peers table on this page compares their profit, growth and price with Tata Steel's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.