With its headquarters located in Mumbai, Maharashtra, and its base in Jamshedpur, Jharkhand, Tata Steel Limited is an international steel manufacturer. It’s included in the Tata Group.
With an annual capacity of 35 million tonnes for crude steel, Tata Steel, formerly known as Tata Iron and Steel Company Limited (TISCO), is one of the largest steel-producing companies in the world. With operations and a global commercial presence, it is among the steel producers with the greatest geographic diversity in the world. The group’s consolidated turnover for the fiscal year that ended on March 31, 2023, was US$31 billion (excluding SEA operations). With an annual capacity of 21.6 million tonnes, it is the largest steel company in India (measured by domestic production), after Steel Authority of India Ltd. (SAIL).
| Fiscal Period | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Period End Date | Mar 23 | Mar 22 | Mar 21 | Mar 20 |
| Revenue | 2,43,352.69 | 2,43,959.17 | 1,56,477.40 | 1,48,971.71 |
| Total Revenue | 2,43,352.69 | 2,43,959.17 | 1,56,477.40 | 1,48,971.71 |
| Costof Revenue Total | 1,51,164.09 | 1,16,777.29 | 76,677.98 | 83,650.85 |
| Gross Profit | 92,188.60 | 1,27,181.88 | 79,799.42 | 65,320.86 |
| Selling/ General/ Admin Expenses Total | 56,129.81 | 54,356.91 | 43,896.94 | 42,411.15 |
| Depreciation/ Amortization | 9,342.27 | 9,109.88 | 9,318.48 | 8,915.78 |
| Unusual Expense( Income) | -82.27 | 214.63 | 993.42 | 4,679.58 |
| Other Operating Expenses Total | 2,093.75 | 7,994.42 | 3,418.21 | 4,151.91 |
| Total Operating Expense | 2,18,647.65 | 1,88,453.13 | 1,34,305.03 | 1,43,809.27 |
| Operating Income | 24,705.04 | 55,506.04 | 22,172.37 | 5,162.44 |
| Interest Inc( Exp) Net- Non- Op Total | -65,655.00 | -55,799.10 | -86,046.50 | -67,821.10 |
| Provision for Income Taxes | -435.70 | 1,261.60 | 1,480.30 | -43.60 |
| Other Net | 139.15 | 174.58 | 127.94 | 243.59 |
| Net Income Before Taxes | 18,235.12 | 50,226.87 | 13,843.69 | -1,380.44 |
| Provisionfor Income Taxes | 10,159.77 | 8,477.55 | 5,653.90 | -2,552.90 |
| Net Income After Taxes | 8,075.35 | 41,749.32 | 8,189.79 | 1,172.46 |
| Minority Interest | 685.05 | -1,595.39 | -699.57 | 384.08 |
| Net Income Before Extra Items | 8,760.40 | 40,153.93 | 7,490.22 | 1,556.54 |
| Net Income | 8,760.40 | 40,153.93 | 7,490.22 | 1,556.54 |
| Income Available to Com Excl Extra Ord | 0.00 | -10.90 | -1,813.50 | -1,991.80 |
| Income Available to Com Incl Extra Ord | 8,760.40 | 40,152.84 | 7,308.87 | 1,357.36 |
| Gain( Loss)on Sale of Assets | 8,760.40 | 40,152.84 | 7,308.87 | 1,357.36 |
| Diluted Net Income | 8,760.40 | 40,152.84 | 7,308.87 | 1,357.36 |
| Diluted Weighted Average Shares | 1,221.38 | 1,209.09 | 1,146.01 | 1,144.84 |
| Diluted EPS Excluding Extra Ord Items | 7.17 | 33.21 | 6.38 | 1.19 |
| DPS- Common Stock Primary Issue | 3.60 | 5.10 | 2.50 | 10.00 |
| Diluted Normalized EPS | 7.16 | 33.27 | 6.81 | 3.85 |
| Dilution Adjustment | – | 0.00 | 0.00 | – |
