Bullish signal on daily chart
Having its captive mines for the key raw-material, iron ore is the biggest advantage and helps the company manage through difficult times.
Having its captive mines for the key raw-material, iron ore is the biggest advantage and helps the company manage through difficult times.
With rising steel prices, European operations which had been a pain point for long saw an improvement. But some challenges still remain in place. Once long over due restructuring of European is finally over, overall debt will come down and the help the case of continued re-rating.
The performance was expected to be better given the price increase which steel industry was able to manage during after lockdown opened and maintain as subsequent wave of covid hit global market. But will this sustain as global trade re-starts after omicron wave end along with possibility of US dollar gaining strength.
Company has spent 4.87% of its operating revenues towards interest expenses and 12.74% towards employee cost in the year ending 31 Mar, 2021. (Source: Consolidated Financials)
PE Ratio
This is a ratio arrived at by dividing the current market price of a stock by its latest (annual or annualized) earnings per share. Here we have taken the TTM (trailing twelve months) adjusted earnings per share.
EPS - TTM
Earnings per share (TTM) tells the profit after tax earned on a per share basis by a stock over the last twelve months or four quarters.
MCap
MCap or Market capitalization of a stock is calculated by multiplying the total number of shares outstanding of that particular stock with its current market price.
Sectoral MCap Rank
This is the ranking of a company within its sector based on MCap or Market capitalization. Higher the market capitalization of a company, higher the rank it is assigned.
PB Ratio
Price to Book represents the ratio of current market price of a stock to its book value per share. The book value itself is arrived at by dividing the net worth of a company by the total number of shares outstanding of the company at that time.
Dividend Yield
Dividend Yield calculates the amount of full year dividend declared by a company as a percentage of the current market price of a stock. All other things being equal, higher the dividend yield of the stock, the better it is for investors.
Face Value
Face value of a stock is the value ascribed to the stock as per the balance sheet of the company. The dividend declared by a company is usually declared as a percentage of face value.
Beta
1 Month | 1.55 |
3 Months | 1.81 |
6 Months | 1.56 |
1 Year | 1.30 |
3 Years | 1.57 |
VWAP
Volume Weighted Average Price represents the average price of a security over a particular time period (example one trading day) weighted by the volume traded at each price point.
52W H/L
This represents the 52 week high and low price of the security. It is also the 1 year high and low of the security. This represents the highest and lowest price touched by the security during the past 52 weeks or 1 year including today.
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NewsCompliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
AnnouncementsCurrent
Mean Recos by 30 Analysts
Ratings | Current | 1 Week Ago | 1 Month Ago | 3 Months Ago |
---|---|---|---|---|
Strong Buy | 18 | 18 | 18 | 18 |
Buy | 8 | 8 | 9 | 9 |
Hold | 3 | 3 | 3 | 2 |
Sell | 1 | 1 | 1 | 1 |
Strong Sell | - | - | - | - |
# Analysts | 30 | 30 | 31 | 30 |
Employee & Interest Expense
Company has spent 4.87% of its operating revenues towards interest expenses and 12.74% towards employee cost in the year ending 31 Mar, 2021. (Source: Consolidated Financials)Quarterly | Annual | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 |
---|---|---|---|---|---|
Total Income | 60,842.72 | 60,553.63 | 53,534.04 | 50,249.58 | 39,809.05 |
Total Income Growth (%) | 0.48 | 13.11 | 6.54 | 26.23 | 6.51 |
Total Expenses | 47,326.93 | 45,599.55 | 39,768.13 | 39,176.86 | 32,558.85 |
Total Expenses Growth (%) | 3.79 | 14.66 | 1.51 | 20.33 | -2.11 |
EBIT | 13,515.79 | 14,954.08 | 13,765.91 | 11,072.72 | 7,250.20 |
EBIT Growth (%) | -9.62 | 8.63 | 24.32 | 52.72 | 76.19 |
Profit after Tax (PAT) | 9,572.67 | 11,918.11 | 8,906.95 | 6,644.15 | 3,697.22 |
PAT Growth (%) | -19.68 | 33.81 | 34.06 | 79.71 | 136.18 |
EBIT Margin (%) | 22.21 | 24.70 | 25.71 | 22.04 | 18.21 |
Net Profit Margin (%) | 15.73 | 19.68 | 16.64 | 13.22 | 9.29 |
Basic EPS (₹) | 79.10 | 99.16 | 74.24 | 57.53 | 31.86 |
All figures in Rs Cr, unless mentioned otherwise
Annual | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
---|---|---|---|---|---|
Total Assets | 2,45,487.21 | 2,50,419.45 | 2,33,582.39 | 2,09,757.94 | 1,73,333.24 |
Total Assets Growth (%) | -1.97 | 7.21 | 11.36 | 21.01 | -2.35 |
Total Liabilities | 1,67,978.76 | 1,74,256.55 | 1,62,292.85 | 1,47,950.80 | 1,33,912.22 |
Total Liabilities Growth (%) | -3.60 | 7.37 | 9.69 | 10.48 | 0.69 |
Total Equity | 76,733.45 | 73,887.90 | 69,014.54 | 59,532.14 | 37,146.02 |
Total Equity Growth (%) | 3.85 | 7.06 | 15.93 | 60.27 | -12.06 |
Current Ratio (x) | 0.85 | 0.95 | 0.97 | 1.22 | 1.01 |
Total Debt to Equity (x) | 1.11 | 1.59 | 1.37 | 1.51 | 2.32 |
Contingent Liabilities | 25,723.75 | 26,907.88 | 26,941.26 | 22,182.68 | 19,082.08 |
All figures in Rs Cr, unless mentioned otherwise
Decrease in Cash from Investing
Company has used Rs 9322.88 cr for investing activities which is an YoY decrease of 35.84%. (Source: Consolidated Financials)Annual | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
---|---|---|---|---|---|
Net Cash flow from Operating Activities | 44,326.68 | 20,168.72 | 25,335.95 | 8,023.39 | 10,824.36 |
Net Cash used in Investing Activities | -9,322.88 | -14,530.35 | -29,901.82 | -12,025.63 | -9,075.59 |
Net Cash flow from Financing Activities | -37,089.67 | -1,694.62 | -672.70 | 6,639.94 | -2,579.36 |
Net Cash Flow | -2,200.26 | 4,462.04 | -5,204.09 | 2,933.02 | -1,244.65 |
Closing Cash & Cash Equivalent | 5,532.08 | 7,732.34 | 2,975.53 | 7,783.50 | 4,832.29 |
Closing Cash & Cash Equivalent Growth (%) | -28.46 | 159.86 | -61.77 | 61.07 | -20.90 |
Total Debt/ CFO (x) | 1.85 | 5.62 | 3.60 | 11.05 | 7.61 |
All figures in Rs Cr, unless mentioned otherwise
Annual | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
---|---|---|---|---|---|
Return on Equity (%) | 10.19 | 2.18 | 15.33 | 22.92 | -11.93 |
Return on Capital Employed (%) | 12.69 | 5.79 | 13.59 | 10.92 | 9.64 |
Return on Assets (%) | 3.05 | 0.62 | 4.37 | 6.40 | -2.44 |
Interest Coverage Ratio (x) | 2.91 | 1.44 | 3.06 | 3.06 | 2.34 |
Asset Turnover Ratio (x) | 63.66 | 59.48 | 67.50 | 63.00 | 64.78 |
Price to Earnings (x) | 12.99 | 19.88 | 5.84 | 4.87 | -11.05 |
Price to Book (x) | 1.32 | 0.43 | 0.89 | 1.12 | 1.32 |
EV/EBITDA (x) | 5.63 | 7.06 | 4.86 | 6.45 | 7.18 |
EBITDA Margin (%) | 20.09 | 13.19 | 19.53 | 17.25 | 15.61 |
MANAGEMENT DISCUSSION AND ANALYSIS (FY 20-21)
Gross debt and Net debt
Net debt was lower by Rs 29,390 crore over previous year. Gross Debt at ?88,501 crore was lower by Rs 27,827 crore as compared to the previous year. Decrease in Gross Debt was mainly due to repayment / pre-payment of borrowings including lease liabilities. These decreases were partly offset by addition to leases (mainly at TSE) along with higher amortisation of loan issue expenses, primarily due to pre-payments and increase due to re-classification of SEA operations into continuing operations from held for sale. The decrease in Net Debt was in line with decrease in gross debt along with increase in current investments mainly at Tata Steel (Standalone) and at TSBSL, partly offset by decrease in cash and bank balances mainly at Tata Steel Global Holdings.
Fiscal stimulus and outlook
Steel demand is expected to be strong due to recovery in manufacturing businesses around the world and global fiscal stimulus supporting infrastructure projects. The outlook for 2021 is expected to be positive because of the unprecedented fiscal stimulus provided by the governments across Europe, the US, Japan, Korea, Russia and China. These stimulus packages are expected to spur growth in these nation?s respective infrastructure sectors, boosting steel demand. China is expected to grow by 5% in 2021 with continuation of healthy demand conditions especially in the first half of 2021. Steel demand in key emerging economies (like India, Turkey) and Europe is expected to witness double digit recovery while Asia and Middle-East are likely to grow by 5%. While it is expected that steel prices will consolidate closer to historical levels, prices are likely to remain high supported by (i) strong iron ore prices, (ii) rebound in coking coal prices, (iii) positive impact from stimulus plans, and (iv) improved business confidence from the roll-out of vaccines. Strong rebound of demand in 2021, in addition to supply-side reforms in China could lead to higher steel prices globally.
Lower demand, but higher realizations.
The turnover of TSG was at ?1,56,294 crore during FY 2020-21, an increase of 5% over the previous financial year due to increase in realisations across geographies, partly offset by marginal decline in deliveries. The EBITDA of TSG was ?30,892 crore during the FY 2020-21 as compared to ?18,103 crore in the previous year due to improvement in realisations along with lower cost and favourable exchange rate movement at other foreign entities. The impact of COVID-19 has been much more benign for the steel industry due to resurgent demand in China and better than expected post lockdown recovery globally in second half of 2020. China and Turkey were two key countries that saw an increase in finished steel demand of 9% and 13% respectively in 2020. North America and the European Union (?EU?) have experienced strong decline in steel demand owing to the COVID-19 pandemic. Both regions experienced demand decline of around 11%-16%. India also contributed to global decline, as steel consumption in India declined by 13.7% to 88.5 MnT in 2020 against 102.6 MnT in 2019.
Bullish / Bearish signals for Tata Steel Ltd. basis selected technical indicators and moving average crossovers.
10 Day EMA Crossover
Bullish signal on daily chart
Appeared on: 1 Apr 2022
10D EMA: 1314.78
Date | 7 days Gain/Loss % |
---|---|
16 Mar 2022 | 6.52% |
28 Feb 2022 | 8.84% |
15 Feb 2022 | 0.84% |
1 Feb 2022 | 4.72% |
Average price gain of 3.80% within 7 days of Bullish signal in last 5 years
MACD Crossover
Bearish signal on daily chart
Appeared on: 31 Mar 2022
Region: Positive
Date | 10 days Gain/Loss % |
---|---|
21 Feb 2022 | -9.71% |
24 Jan 2022 | -3.45% |
11 Nov 2021 | -9.05% |
28 Oct 2021 | -0.74% |
Average price decline of -3.29% within 10 days of Bearish signal in last 10 years
R1 | R2 | R3 | PIVOT | S1 | S2 | S3 | |
---|---|---|---|---|---|---|---|
Classic | 1336.85 | 1356.60 | 1392.05 | 1321.15 | 1301.40 | 1285.70 | 1250.25 |
5 DAYS | 14 DAYS | 28 DAYS | |
---|---|---|---|
ATR | 33.10 | 40.32 | 41.96 |
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617.97
Amount Invested (in Cr.)
2.04%
% of AUM
2.74
% Change (MoM basis)
478.25
Amount Invested (in Cr.)
1.24%
% of AUM
2.62
% Change (MoM basis)
457.19
Amount Invested (in Cr.)
2.17%
% of AUM
0.00
% Change (MoM basis)
MF Ownership as on 28 February 2022
Price
1,321.456.40 (0.49%)
Open Interest
3,16,53,1501,57,250 (0.50%)
Open | High | Low | Prev Close | Contracts Traded | Turnover (₹ Lakhs) |
---|---|---|---|---|---|
1,313.95 | 1,347.35 | 1,309.70 | 1,315.05 | 18,254 | 1,02,914.02 |
Open Interest as of 01 Apr 2022
Meeting Date | Announced on | Purpose | Details |
---|---|---|---|
Feb 04, 2022 | Jan 28, 2022 | Board Meeting | Quarterly Results |
Nov 11, 2021 | Nov 01, 2021 | Board Meeting | Quarterly Results |
Aug 12, 2021 | Aug 04, 2021 | Board Meeting | Quarterly Results |
Jun 30, 2021 | May 05, 2021 | AGM | Book closure from 19 Jun, 2021 to 30 Jun, 2021 |
May 05, 2021 | Apr 29, 2021 | Board Meeting | Audited Results & Final Dividend |
Type | Dividend | Dividend per Share | Ex-Dividend Date | Announced on |
---|---|---|---|---|
Final | 250% | 6.25 | Jun 17, 2021 | May 05, 2021 |
Final | 100% | 2.5 | Aug 06, 2020 | Jul 07, 2020 |
Final | 100% | 10.0 | Aug 06, 2020 | Jun 29, 2020 |
Final | 130% | 3.25 | Jul 04, 2019 | Apr 25, 2019 |
Final | 100% | 2.504 | Jul 05, 2018 | May 16, 2018 |
All Types | Ex-Date | Record Date | Announced on | Details |
---|---|---|---|---|
Rights | Jan 31, 2018 | Feb 01, 2018 | Dec 20, 2017 | Rights ratio: 2 share for every 25 held at a price of Rs 615.0 |
Rights | Jan 31, 2018 | Feb 01, 2018 | Dec 19, 2017 | Rights ratio: 4 share for every 25 held at a price of Rs 510.0 |
Rights | Oct 29, 2007 | Nov 05, 2007 | Apr 17, 2007 | Rights ratio: 1 share for every 5 held at a price of Rs 300.0 |
Bonus | Aug 11, 2004 | Aug 12, 2004 | Jun 07, 2004 | Bonus Ratio: 1 share(s) for every 2 shares held |
Rights | Apr 20, 1992 | May 20, 1992 | Mar 30, 1992 | Rights ratio: 2 share for every 5 held at a price of Rs 80.0 |
Tata Steel Ltd., incorporated in the year 1907, is a Large Cap company (having a market cap of Rs 160,887.72 Crore) operating in Metals - Ferrous sector. Tata Steel Ltd. key Products/Revenue Segments include Steel & Steel Products, Power and Other Operating Revenue for the year ending 31-Mar-2021. Show More
Ratan N Tata
Chairman EmeritusN Chandrasekaran
ChairmanT V Narendran
Managing Director & CEOKoushik Chatterjee
Executive Director & CFOSaurabh Agrawal
Non Executive DirectorV K Sharma
Non Executive DirectorIndustry
Key Indices Listed on
Nifty 50, S&P BSE Sensex, Nifty 100, + 38 more
Address
Bombay House,24, Homi Mody Street,Fort,Mumbai, Maharashtra - 400001
Tata Steel Ltd. share price moved up by 0.76% from its previous close of Rs 1,307.20. Tata Steel Ltd. stock last traded price is 1,317.10
Share Price | Value |
---|---|
Today/Current/Last | 1,317.10 |
Previous Day | 1,307.20 |
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