Tata Steel Future Growth

Future criteria checks 3/6

Tata Steel is forecast to grow earnings and revenue by 113% and 4.4% per annum respectively. EPS is expected to grow by 92.5% per annum. Return on equity is forecast to be 14.5% in 3 years.

Key information

113.0%

Earnings growth rate

92.5%

EPS growth rate

Metals and Mining earnings growth	35.2%
Revenue growth rate	4.4%
Future return on equity	14.5%
Analyst coverage	Good
Last updated	30 Apr 2024

Recent future growth updates

Recent updates

There's Reason For Concern Over Tata Steel Limited's (NSE:TATASTEEL) Price

Apr 18

Tata Steel (NSE:TATASTEEL) Takes On Some Risk With Its Use Of Debt

Feb 21

Does This Valuation Of Tata Steel Limited (NSE:TATASTEEL) Imply Investors Are Overpaying?

Feb 03

Tata Steel Limited's (NSE:TATASTEEL) Intrinsic Value Is Potentially 24% Below Its Share Price

Nov 30

Tata Steel (NSE:TATASTEEL) Is Achieving High Returns On Its Capital

Aug 17

Calculating The Intrinsic Value Of Tata Steel Limited (NSE:TATASTEEL)

Jul 19

Is Tata Steel (NSE:TATASTEEL) A Risky Investment?

Jul 06

If EPS Growth Is Important To You, Tata Steel (NSE:TATASTEEL) Presents An Opportunity

Jun 23

Tata Steel's (NSE:TATASTEEL) Dividend Will Be Increased To ₹51.00

Jun 04

Tata Steel (NSE:TATASTEEL) Is Increasing Its Dividend To ₹51.00

May 21

Tata Steel (NSE:TATASTEEL) Has Announced That It Will Be Increasing Its Dividend To ₹51.00

May 07

Tata Steel (NSE:TATASTEEL) Is Achieving High Returns On Its Capital

Mar 23

We Think Tata Steel (NSE:TATASTEEL) Can Stay On Top Of Its Debt

Mar 05

An Intrinsic Calculation For Tata Steel Limited (NSE:TATASTEEL) Suggests It's 36% Undervalued

Jan 29

Why We Like The Returns At Tata Steel (NSE:TATASTEEL)

Dec 08

We Think Tata Steel (NSE:TATASTEEL) Can Stay On Top Of Its Debt

Nov 19

A Look At The Intrinsic Value Of Tata Steel Limited (NSE:TATASTEEL)

Oct 12

Earnings and Revenue Growth Forecasts

NSEI:TATASTEEL - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2026	2,555,965	176,847	174,034	N/A	25
3/31/2025	2,371,044	127,848	140,221	N/A	26
3/31/2024	2,285,863	-6,701	33,474	N/A	26
12/31/2023	2,334,450	-33,441	N/A	N/A	N/A
9/30/2023	2,352,167	-60,813	65,392	232,096	N/A
6/30/2023	2,394,123	16,294	N/A	N/A	N/A
3/31/2023	2,433,527	87,604	75,406	216,831	N/A
12/31/2022	2,497,147	168,107	N/A	N/A	N/A
9/30/2022	2,534,142	286,072	207,260	331,609	N/A
6/30/2022	2,539,238	390,109	N/A	N/A	N/A
3/31/2022	2,439,592	401,528	338,588	443,810	N/A
12/31/2021	2,244,808	368,605	N/A	N/A	N/A
9/30/2021	2,055,343	309,851	364,530	443,978	N/A
6/30/2021	1,841,915	206,324	N/A	N/A	N/A
3/31/2021	1,564,774	73,089	373,481	443,267	N/A
12/31/2020	1,348,065	-4,441	N/A	N/A	N/A
9/30/2020	1,307,329	-51,513	215,732	302,218	N/A
6/30/2020	1,281,581	-25,529	N/A	N/A	N/A
3/31/2020	1,489,717	13,574	97,707	201,687	N/A
12/31/2019	1,484,706	60,731	N/A	N/A	N/A
9/30/2019	1,518,040	94,363	86,183	185,860	N/A
6/30/2019	1,581,220	88,626	N/A	N/A	N/A
3/31/2019	1,576,690	101,103	162,450	253,360	N/A
12/31/2018	1,600,451	178,561	N/A	N/A	N/A
9/30/2018	1,522,718	168,664	N/A	N/A	N/A
6/30/2018	1,411,919	142,381	N/A	N/A	N/A
3/31/2018	1,241,097	130,818	5,449	80,234	N/A
12/31/2017	1,344,188	22,895	N/A	N/A	N/A
9/30/2017	1,286,558	12,378	N/A	N/A	N/A
6/30/2017	1,221,824	1,820	N/A	N/A	N/A
3/31/2017	1,174,199	-5,506	N/A	108,244	N/A
12/31/2016	1,187,192	-71,508	N/A	N/A	N/A
9/30/2016	1,154,291	-94,107	N/A	N/A	N/A
6/30/2016	1,154,435	-30,943	N/A	N/A	N/A
3/31/2016	1,063,399	19,830	N/A	114,554	N/A
12/31/2015	1,213,102	-56,863	N/A	N/A	N/A
9/30/2015	1,269,044	-34,020	N/A	N/A	N/A
6/30/2015	1,333,769	-36,763	N/A	N/A	N/A
3/31/2015	1,395,037	-41,020	N/A	118,798	N/A
12/31/2014	1,482,543	26,075	N/A	N/A	N/A
9/30/2014	1,513,402	29,537	N/A	N/A	N/A
6/30/2014	1,521,982	26,161	N/A	N/A	N/A
3/31/2014	1,486,136	34,178	N/A	131,459	N/A
12/31/2013	1,408,046	-41,511	N/A	N/A	N/A
9/30/2013	1,362,163	-54,174	N/A	N/A	N/A
6/30/2013	1,337,140	-66,981	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TATASTEEL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (6.7%).

Earnings vs Market: TATASTEEL is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: TATASTEEL is expected to become profitable in the next 3 years.

Revenue vs Market: TATASTEEL's revenue (4.4% per year) is forecast to grow slower than the Indian market (9.9% per year).

High Growth Revenue: TATASTEEL's revenue (4.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TATASTEEL's Return on Equity is forecast to be low in 3 years time (14.5%).

Tata Steel Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased to ₹1,532

Recent updates

There's Reason For Concern Over Tata Steel Limited's (NSE:TATASTEEL) Price

Now 25% overvalued after recent price rise

Now 20% overvalued after recent price rise

Tata Steel (NSE:TATASTEEL) Takes On Some Risk With Its Use Of Debt

New minor risk - Shareholder dilution

Does This Valuation Of Tata Steel Limited (NSE:TATASTEEL) Imply Investors Are Overpaying?

Now 23% overvalued after recent price rise

Tata Steel Limited (BSE:500470) completed the acquisition of the remaining 40% stake in Tata Steel Long Products Limited (BSE:513010) (TML).

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Tata Steel Limited to Report Q3, 2024 Results on Jan 24, 2024

Here's What's Concerning About Tata Steel's (NSE:TATASTEEL) Returns On Capital

Tata Steel Limited (NSE:TATASTEEL) Investors Are Less Pessimistic Than Expected

Tata Steel Limited Appoints Ashish Anupam as Vice President - Long Products, Effective November 15, 2023

We Think Tata Steel (NSE:TATASTEEL) Is Taking Some Risk With Its Debt

Second quarter 2024 earnings: EPS misses analyst expectations

Tata Steel Limited to Report Q2, 2024 Results on Nov 01, 2023

Estimating The Fair Value Of Tata Steel Limited (NSE:TATASTEEL)

Tata Steel (NSE:TATASTEEL) Could Be Struggling To Allocate Capital

Board Member recently bought ₹1.2m worth of stock

New major risk - Financial position

First quarter 2024 earnings released: EPS: ₹0.52 (vs ₹6.36 in 1Q 2023)

Tata Steel Limited to Report Q1, 2024 Results on Jul 24, 2023

Tata Steel Limited Approves Declaration of Dividend for the Financial Year 2022-23

Upcoming dividend of ₹3.60 per share at 3.2% yield

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Tata Steel Limited Proposes Dividend for the Financial Year 2022-23

Tata Steel Limited Announces Cessation of O. P. Bhatt as Independent Director

Tata Steel's (NSE:TATASTEEL) Dividend Is Being Reduced To ₹3.60

Tata Steel Limited Appoints Dr. Shekhar C. Mande as Additional Director (Non-Executive, Independent), Effective on June 1, 2023

Tata Steel (NSE:TATASTEEL) Is Paying Out Less In Dividends Than Last Year

Tata Steel Limited, Annual General Meeting, Jun 27, 2023

Tata Steel (NSE:TATASTEEL) Is Paying Out Less In Dividends Than Last Year

Tata Steel Limited Recommends Dividend for the Fiscal Year 2022-23, Payable on and from July 10, 2023

Full year 2023 earnings: Revenues exceed analyst expectations

Return Trends At Tata Steel (NSE:TATASTEEL) Aren't Appealing

Is Tata Steel (NSE:TATASTEEL) Using Too Much Debt?

Tata Steel Limited (BSE:500470) agreed to acquire 00.002% stake in Angul Energy Limited.

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Tata Steel Limited Appoints Ms. Bharti Gupta Ramola as an Independent Director

Tata Steel Limited to Report Q3, 2023 Results on Feb 06, 2023

Why We Like The Returns At Tata Steel (NSE:TATASTEEL)

Government Reportedly Plans to Invite Expressions of Interest for the Divestment of Rashtriya Ispat Nigam

Insider recently bought ₹1.1m worth of stock

Tata Steel Limited's (NSE:TATASTEEL) Intrinsic Value Is Potentially 24% Below Its Share Price

Tata Steel Limited Announces Appointment of Bharti Gupta Ramola as Additional Director, Effective November 25, 2022

Less than half of directors are independent

Vedanta Reportedly Looks to Sell Electrosteel

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Tata Steel Limited to Report Q2, 2023 Results on Oct 31, 2022

Less than half of directors are independent

Tata Steel Limited announced a financing transaction

Tata Steel Limited Announces Resignation of David W. Crane as Independent Director

Tata Steel (NSE:TATASTEEL) Is Achieving High Returns On Its Capital

Tata Steel Limited (BSE:500470) completed the acquisition of Two 16.5 MVA furnaces in Balasore of Stork Ferro and Mineral Industries Private Limited from Stork Ferro and Mineral Industries Pvt. Ltd..

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Calculating The Intrinsic Value Of Tata Steel Limited (NSE:TATASTEEL)

Tata Steel Limited to Report Q1, 2023 Results on Jul 25, 2022

Is Tata Steel (NSE:TATASTEEL) A Risky Investment?

Tata Steel Limited Approves Declaration of Dividend for the Financial Year 2021-22

If EPS Growth Is Important To You, Tata Steel (NSE:TATASTEEL) Presents An Opportunity

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of ₹51.00 per share

Tata Steel's (NSE:TATASTEEL) Dividend Will Be Increased To ₹51.00

Price target decreased to ₹1,532

Investor sentiment deteriorated over the past week

Board Member recently bought ₹3.5m worth of stock

Tata Steel Limited Announces Cessation of Mallika Srinivasan as Independent Director of the Company

Tata Steel (NSE:TATASTEEL) Is Increasing Its Dividend To ₹51.00

Tata Steel (NSE:TATASTEEL) Has Announced That It Will Be Increasing Its Dividend To ₹51.00

Full year 2022 earnings: Revenues exceed analyst expectations

Tata Steel Limited Proposes Dividend for the Financial Year Ended March 31, 2022

Tata Steel Limited to Report Q4, 2022 Results on May 03, 2022

Tata Steel Limited (BSE:500470) completed the acquisition of a 50% stake in S&T Mining Company Pvt. Ltd from Steel Authority of India Limited (BSE:500113).

Tata Steel Limited (BSE:500470) signed an agreement to acquire a 50% stake in S&T Mining Company Pvt. Ltd from Steel Authority of India Limited (BSE:500113) for INR 1.