Tata Steel (500470) Stock Overview
Engages in the manufacture and distribution of steel products in India and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
500470 Community Fair Values
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Analyst Price Targets
Tata Steel Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹206.80 |
| 52 Week High | ₹224.40 |
| 52 Week Low | ₹149.70 |
| Beta | 0.73 |
| 1 Month Change | -4.72% |
| 3 Month Change | 4.18% |
| 1 Year Change | 31.30% |
| 3 Year Change | 89.90% |
| 5 Year Change | 78.42% |
| Change since IPO | 2,357.03% |
Recent News & Updates
Narrative Update • Jun 02
500470: Future Legal Clarity On Tax And Mining Will Drive Upside
The analyst price target for Tata Steel has been revised from ₹240 to ₹275, with analysts citing updated assumptions on discount rate, revenue growth, profit margins and future P/E as key reasons for the change. What's in the News Tata Steel received a Demand cum Show Cause Notice related to alleged irregular Input Tax Credit for FY2018-19 to FY2020-21, with the adjudicating authority confirming tax of ₹8,905.2 million, an equal penalty and interest.
Narrative Update • May 17
500470: Scrap Furnace Emissions Shift And Contested Coal Demands Will Shape Future Results
Analysts have nudged their price target for Tata Steel slightly higher to ₹215.18 from ₹214.38. This reflects updated assumptions around discount rate, revenue growth, profit margin and future P/E estimates.Recent updates
Narrative Update • Jun 02
500470: Future Legal Clarity On Tax And Mining Will Drive Upside
The analyst price target for Tata Steel has been revised from ₹240 to ₹275, with analysts citing updated assumptions on discount rate, revenue growth, profit margins and future P/E as key reasons for the change. What's in the News Tata Steel received a Demand cum Show Cause Notice related to alleged irregular Input Tax Credit for FY2018-19 to FY2020-21, with the adjudicating authority confirming tax of ₹8,905.2 million, an equal penalty and interest.Narrative Update • May 17
500470: Scrap Furnace Emissions Shift And Contested Coal Demands Will Shape Future Results
Analysts have nudged their price target for Tata Steel slightly higher to ₹215.18 from ₹214.38. This reflects updated assumptions around discount rate, revenue growth, profit margin and future P/E estimates.
Narrative Update • May 01
500470: Pending Mining And Tax Disputes Will Limit Future Share Price Upside
Analysts have adjusted their price target for Tata Steel from ₹166.48 to ₹171.25, reflecting updated assumptions for revenue growth, profit margins, discount rate, and future P/E. What's in the News Tata Steel has received multiple demand notices from district mining offices in Jharkhand alleging excess coal extraction at West Bokaro and Jharia collieries, with combined claims of about ₹21.4b.Narrative Update • Apr 17
500470: Future Results Will Reflect Scrap Furnace Expansion And Contested Coal And Tax Demands
Analysts have lifted their fair value estimate for Tata Steel from roughly ₹192 to about ₹214, citing updated assumptions for revenue growth, profit margins, discount rate, and future P/E expectations. What's in the News Tata Steel India reported provisional production for Q4 FY2026 at 6.25 million tons, with full year FY2026 production at 23.48 million tons, alongside disclosed figures for Netherlands and Thailand operations.Narrative Update • Apr 03
500470: Ongoing Tax And Regulatory Disputes Will Constrain Future Upside Potential
Analysts have trimmed Tata Steel's price target slightly from about ₹166.91 to roughly ₹166.48. This reflects updated assumptions for discount rate, revenue growth, profit margin and future P/E that modestly adjust their valuation view.Narrative Update • Mar 20
500470: Future Legal Resolutions And Mining Outcomes Will Support Stronger Performance
Analysts have kept the Tata Steel price target steady at ₹240.00, citing only small refinements to the discount rate, revenue growth assumptions and profit margin estimates, along with a slightly lower future P/E multiple. What's in the News Board meeting on March 17, 2026 to review a proposed amalgamation with Neelachal Ispat Nigam, a potential equity investment in wholly owned subsidiary T Steel Holdings Pte.Narrative Update • Mar 05
500470: Future Legal And Mining Developments Will Support Stronger Performance
Analysts have lifted their price target on Tata Steel from ₹215 to ₹240, pointing to updated assumptions that combine a slightly lower discount rate, a modestly higher revenue growth outlook, a revised profit margin profile, and a higher future P/E multiple. What's in the News The Income Tax Appellate Tribunal allowed Tata Steel's claim for interest deduction related to the Corus Group acquisition for FY2008, which the company expects to reduce the related tax exposure from about ₹1,901 crore to about ₹1,686 crore and influence similar cases for FY2009 to FY2015 (Key Developments).Narrative Update • Feb 19
500470: Future Tax Disputes And Regulatory Risks Will Limit Upside Potential
Analysts have raised their price target on Tata Steel from ₹145.33 to ₹166.91, citing updated assumptions on fair value, a slightly lower discount rate, revised expectations for revenue growth and profit margins, and a higher future P/E multiple. What's in the News The High Court in Orissa has concluded hearings on two writ petitions related to large demand letters on the Sukinda Chromite Block, and interim protection for Tata Steel will continue until judgment is delivered (Regulatory filing).Narrative Update • Feb 05
500470: Future Results Will Reflect Pellet Partnership And Contested Tax Obligations
Analysts raised their fair value estimate for Tata Steel from ₹188.77 to ₹192.42, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News Board meeting scheduled on February 6, 2026 to consider audited standalone and unaudited consolidated financial results for the quarter and nine months ended December 31, 2025 (Board Meeting).Narrative Update • Jan 22
500470: Future Tax Disputes Will Pressure Earnings And Limit Upside Potential
Narrative Update: Tata Steel Analysts have lifted their price target on Tata Steel from ₹125.00 to about ₹145.33, reflecting updated expectations for revenue, profit margins and a slightly lower assumed future P/E multiple. What's in the News Tata Steel India reported provisional production of 6.34 million tons for the third quarter of FY2026 and 17.23 million tons for the first nine months, along with reported volumes from its Netherlands and Thailand operations.Narrative Update • Jan 08
500470: Future Results Will Reflect Pellet Expansion And Contested Tax And Sukinda Obligations
Analysts have nudged their fair value estimate for Tata Steel from ₹185.77 to ₹188.77 per share, citing updated assumptions on discount rate, revenue growth, profit margin and future P/E that modestly refine their outlook on the company. What's in the News Tata Steel reported provisional production for Q3 FY2026, with Tata Steel India at 6.34 million tons, Tata Steel Netherlands at 1.68 million tons and Tata Steel Thailand at 0.31 million tons, alongside nine month production of 17.23 million tons, 5.05 million tons and 1.01 million tons respectively (company announcement of operating results).Narrative Update • Dec 25
500470: Improved Margins And New Acquisitions Will Support Stronger Future Performance
Analysts have raised their fair value estimate for Tata Steel from ₹200 to ₹215 per share. This reflects increased confidence in the company's higher projected revenue growth and improved profit margins, even as they incorporate a slightly higher discount rate and a more conservative future price to earnings multiple.Narrative Update • Dec 11
500470: Future Results Will Reflect Pellet Expansion Amid Ongoing Sukinda Regulatory Dispute
Analysts have slightly reduced their price target for Tata Steel to INR 185.77 from INR 186.10, citing a marginal uptick in the assumed discount rate and only modest improvements in long term growth and valuation multiples, which are largely offset by slightly lower profit margin expectations. What's in the News Board to review acquisition of a 50.01 percent equity stake in Thriveni Pellets Private Limited at its December 10, 2025 meeting, potentially strengthening raw material security and pellet capacity (Board Meeting) High Court of Orissa extends interim protection for Tata Steel against coercive action related to a large demand on alleged chrome ore dispatch shortfall at the Sukinda Chromite Block, with the next hearing scheduled for December 12, 2025 (Regulatory Authority – Enforcement Actions) Company contests a demand of about INR 2,410.89 crore tied to chrome ore dispatch obligations at Sukinda, seeking quashing of the demand letter through a writ petition naming state and central authorities (Regulatory Authority – Enforcement Actions) Upcoming November 12, 2025 board meeting to consider audited standalone and unaudited consolidated financial results and a proposed acquisition of a 50 percent stake in Tata BlueScope Steel Private Limited (Board Meeting) Provisional Indian crude steel production rises 8 percent quarter on quarter to 5.67 million tons in Q2 FY2026, supported by normalised operations post blast furnace relining, with first half output up 3 percent year on year to 10.90 million tons (Announcement of Operating Results) Tata Steel and Tata Steel Nederland sign a non binding joint letter of intent with the Dutch government to progress a major decarbonisation and health focused transition at IJmuiden, including plans for DRI and EAF capacity and extensive dust and emissions reduction measures (Strategic Alliances) Valuation Changes Fair Value: Revised down slightly to ₹185.77 from ₹186.10 per share, reflecting marginally lower earnings expectations.Narrative Update • Nov 26
500470: Future Results Will Reflect Environmental Transition Amid Regulatory And Legal Uncertainty
Narrative Update: Tata Steel Analyst Price Target Adjustment Analysts have raised their price target for Tata Steel from ₹177.5 to ₹186.1. This adjustment reflects improved profit margin expectations, even as revenue growth forecasts have been revised slightly lower. What's in the News Tata Steel received a significant demand letter from the Office of Deputy Director of Mines, Jajpur, concerning an alleged chrome ore dispatch shortfall from its Sukinda Chromite Block.Narrative Update • Nov 10
500470: Future Results Will Reflect Shift To Low-Carbon Production And Regulatory Challenges
Analysts have raised their price target for Tata Steel from ₹174.04 to ₹177.50, citing slightly improved forecasts for revenue growth, profit margins, and future earnings multiples. What's in the News Tata Steel India reported an 8% quarter-on-quarter increase in production for the second quarter of fiscal year 2026, following the completion of relining at the Jamshedpur G Blast furnace (Key Developments).Narrative Update • Oct 26
Low Carbon Efforts And Operational Recovery Will Shape Upcoming Opportunities
Analysts have slightly raised their price target for Tata Steel, increasing it from ₹174.03 to ₹174.04. They cite marginal improvements in projected revenue growth and a modest reduction in the discount rate as reasons for the adjustment.Narrative Update • Oct 12
Kalinganagar, Ludhiana And Decarbonization Will Unlock New Opportunities
Analysts have slightly raised their price target for Tata Steel from ₹171.83 to ₹174.03, citing modest improvements in projected revenue growth and fair value assessments. What's in the News Tata Steel signed a non-binding joint letter of intent with the Government of the Netherlands and the Province of North-Holland.Narrative Update • Sep 27
Kalinganagar, Ludhiana And Decarbonization Will Unlock New Opportunities
Tata Steel’s valuation outlook remains steady, with both the Consensus Analyst Price Target and key metrics such as Future P/E and Discount Rate showing only minimal changes, resulting in a slight upward revision of fair value from ₹169.43 to ₹171.83. What's in the News Tata Steel faces a demand of INR 19.03 billion from Odisha authorities for shortfall in mineral dispatch from Sukinda Chromite Block, which the company is contesting in the Orissa High Court; interim protection from coercive action is currently in place.Narrative Update • Sep 06
Kalinganagar, Ludhiana And Decarbonization Will Unlock New Opportunities
Despite slightly lower revenue growth expectations and a modest uptick in future P/E, analysts have left Tata Steel’s fair value largely unchanged, with the price target nudging up marginally to ₹169.43. What's in the News Tata Steel faces multiple regulatory actions, including a INR 19.0 billion demand for alleged shortfall in mineral dispatch from the Sukinda Chromite Block, which the company is contesting in the Orissa High Court; authorities are currently restrained from taking coercive steps.
New Narrative • Nov 07
High-Value Production And Green Innovations To Propel Market Leadership In Thriving Steel Sectors
Tata Steel aims to improve net margins by reducing costs and capturing high-end value-added segments with new production capabilities.Shareholder Returns
| 500470 | IN Metals and Mining | IN Market | |
|---|---|---|---|
| 7D | -1.0% | -2.4% | -0.8% |
| 1Y | 31.3% | 22.5% | -2.9% |
Return vs Industry: 500470 exceeded the Indian Metals and Mining industry which returned 22.5% over the past year.
Return vs Market: 500470 exceeded the Indian Market which returned -2.9% over the past year.
Price Volatility
| 500470 volatility | |
|---|---|
| 500470 Average Weekly Movement | 4.2% |
| Metals and Mining Industry Average Movement | 7.2% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in IN Market | 10.2% |
| 10% least volatile stocks in IN Market | 4.8% |
Stable Share Price: 500470 has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: 500470's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1907 | 112,262 | Thachat Narendran | www.tatasteel.com |
Tata Steel Limited engages in the manufacture and distribution of steel products in India and internationally. It offers reinforcement bars (rebars) and wire rods, cut-and-bend reinforcement bars, welded wire mesh, prefabricated cages (pre-cages), steel couplers and carpet reinforcement, hot-rolled, cold rolled, coated coil, tubes, rebar, metallic coated, pre-finished steels, alloy steels, and profiles and construction systems. The company also provides solutions in building envelopes, structural, fit-out, foundations, and highway engineering products, as well as operates steel service centers.
Tata Steel Limited Fundamentals Summary
| 500470 fundamental statistics | |
|---|---|
| Market cap | ₹2.58t |
| Earnings (TTM) | ₹107.94b |
| Revenue (TTM) | ₹2.32t |
23.9x
P/E Ratio1.1x
P/S RatioIs 500470 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 500470 income statement (TTM) | |
|---|---|
| Revenue | ₹2.32t |
| Cost of Revenue | ₹1.02t |
| Gross Profit | ₹1.30t |
| Other Expenses | ₹1.19t |
| Earnings | ₹107.94b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 8.65 |
| Gross Margin | 55.95% |
| Net Profit Margin | 4.65% |
| Debt/Equity Ratio | 81.9% |
How did 500470 perform over the long term?
See historical performance and comparisonDividends
1.9%
Current Dividend Yield46%
Payout RatioDoes 500470 pay a reliable dividends?
See 500470 dividend history and benchmarks| Tata Steel dividend dates | |
|---|---|
| Ex Dividend Date | Jun 12 2026 |
| Dividend Pay Date | Aug 01 2026 |
| Days until Ex dividend | 4 days |
| Days until Dividend pay date | 54 days |
Does 500470 pay a reliable dividends?
See 500470 dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/06 10:43 |
| End of Day Share Price | 2026/06/05 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Tata Steel Limited is covered by 63 analysts. 36 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Rajesh Majumdar | 360 ONE Capital Market Private Limited |
| Nitin Bhasin | Ambit Capital |
| Ashwin Mehta | Ambit Capital |