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TATA

Tata Steel BSLNSEI:TATASTLBSL Stock Report

Market Cap

₹93.8b

7D

-5.1%

1Y

232.0%

Updated

23 Oct, 2021

Data

Company Financials
TATASTLBSL fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

TATASTLBSL Overview

Tata Steel BSL Limited operates as a secondary steel producing company in India.

Rewards

Trading at 97% below our estimate of its fair value

Became profitable this year

Risk Analysis

No risks detected for TATASTLBSL from our risk checks.

Tata Steel BSL Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tata Steel BSL
Historical stock prices
Current Share Price₹85.65
52 Week High₹24.00
52 Week Low₹109.70
Beta0.88
1 Month Change-1.04%
3 Month Change-3.66%
1 Year Change231.98%
3 Year Change220.19%
5 Year Change93.56%
Change since IPO507.45%

Recent News & Updates

Oct 21
Does Tata Steel BSL (NSE:TATASTLBSL) Have A Healthy Balance Sheet?

Does Tata Steel BSL (NSE:TATASTLBSL) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Jul 30
Increases to CEO Compensation Might Be Put On Hold For Now at Tata Steel BSL Limited (NSE:TATASTLBSL)

Increases to CEO Compensation Might Be Put On Hold For Now at Tata Steel BSL Limited (NSE:TATASTLBSL)

Performance at Tata Steel BSL Limited ( NSE:TATASTLBSL ) has been reasonably good and CEO Rajeev Singhal has done a...

Jun 02
We Think Tata Steel BSL (NSE:TATASTLBSL) Can Stay On Top Of Its Debt

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

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

TATASTLBSLIN Metals and MiningIN Market
7D-5.1%-5.1%-3.1%
1Y232.0%123.3%61.1%

Return vs Industry: TATASTLBSL exceeded the Indian Metals and Mining industry which returned 123.3% over the past year.

Return vs Market: TATASTLBSL exceeded the Indian Market which returned 61.1% over the past year.

Price Volatility

Is TATASTLBSL's price volatile compared to industry and market?
TATASTLBSL volatility
TATASTLBSL Beta0.88
Industry Beta1.22
Market Beta1

Stable Share Price: TATASTLBSL is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: TATASTLBSL's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19835,707Rajeev Singhalhttps://www.tatasteelbsl.co.in

Tata Steel BSL Limited operates as a secondary steel producing company in India. It offers hot rolled coils, cold rolled coil and sheets, galvanized coils and sheets, galume coils and sheets, color coated coils and tiles, high tensile steel strips, and hardened and tempered steel strips, as well as CRCAs, CRFHs, precision tubes, HFW/ERW pipes, 3LP coated pipes, billets, and sponge iron. The company serves automobile, white goods/domestic appliances, and general engineering industries.

Tata Steel BSL Fundamentals Summary

How do Tata Steel BSL's earnings and revenue compare to its market cap?
TATASTLBSL fundamental statistics
Market Cap₹93.76b
Earnings (TTM)₹71.42b
Revenue (TTM)₹293.69b

1.3x

P/E Ratio

0.3x

P/S Ratio

Is TATASTLBSL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
TATASTLBSL income statement (TTM)
Revenue₹293.69b
Cost of Revenue₹138.15b
Gross Profit₹155.54b
Expenses₹84.12b
Earnings₹71.42b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)65.31
Gross Margin52.96%
Net Profit Margin24.32%
Debt/Equity Ratio19.9%

How did TATASTLBSL perform over the long term?

See historical performance and comparison

Valuation

Is Tata Steel BSL undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TATASTLBSL (₹85.65) is trading below our estimate of fair value (₹2860.08)

Significantly Below Fair Value: TATASTLBSL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TATASTLBSL is good value based on its PE Ratio (1.3x) compared to the Indian Metals and Mining industry average (12.2x).

PE vs Market: TATASTLBSL is good value based on its PE Ratio (1.3x) compared to the Indian market (21.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TATASTLBSL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TATASTLBSL is good value based on its PB Ratio (0.4x) compared to the IN Metals and Mining industry average (1.7x).


Future Growth

How is Tata Steel BSL forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-8.9%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tata Steel BSL has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Tata Steel BSL performed over the past 5 years?

97.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TATASTLBSL has high quality earnings.

Growing Profit Margin: TATASTLBSL became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: TATASTLBSL has become profitable over the past 5 years, growing earnings by 97.7% per year.

Accelerating Growth: TATASTLBSL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TATASTLBSL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (129.5%).


Return on Equity

High ROE: TATASTLBSL's Return on Equity (28.2%) is considered high.


Financial Health

How is Tata Steel BSL's financial position?


Financial Position Analysis

Short Term Liabilities: TATASTLBSL's short term assets (₹77.7B) exceed its short term liabilities (₹62.5B).

Long Term Liabilities: TATASTLBSL's short term assets (₹77.7B) exceed its long term liabilities (₹56.5B).


Debt to Equity History and Analysis

Debt Level: TATASTLBSL's debt to equity ratio (19.9%) is considered satisfactory.

Reducing Debt: TATASTLBSL's debt to equity ratio has reduced from 15980.5% to 19.9% over the past 5 years.

Debt Coverage: TATASTLBSL's debt is well covered by operating cash flow (203.7%).

Interest Coverage: TATASTLBSL's interest payments on its debt are well covered by EBIT (7.8x coverage).


Balance Sheet


Dividend

What is Tata Steel BSL current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TATASTLBSL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TATASTLBSL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TATASTLBSL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TATASTLBSL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: TATASTLBSL is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TATASTLBSL's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Rajeev Singhal (58 yo)

3.42yrs

Tenure

₹26,588,000

Compensation

Mr. Rajeev Singhal serves as Executive Director - Marketing, Intl LNG, Shipping & CC at GAIL (India) Limited. Mr. Singhal has been a Non-Executive Director and Non-Independent Director at The Tinplate Comp...


CEO Compensation Analysis

Compensation vs Market: Rajeev's total compensation ($USD354.65K) is about average for companies of similar size in the Indian market ($USD429.01K).

Compensation vs Earnings: Rajeev's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: TATASTLBSL's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: TATASTLBSL's board of directors are considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Tata Steel BSL Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Tata Steel BSL Limited
  • Ticker: TATASTLBSL
  • Exchange: NSEI
  • Founded: 1983
  • Industry: Steel
  • Sector: Materials
  • Market Cap: ₹93.762b
  • Shares outstanding: 1.09b
  • Website: https://www.tatasteelbsl.co.in

Number of Employees


Location

  • Tata Steel BSL Limited
  • Jasmine Tower
  • Ground & First Floor
  • Kolkata
  • West Bengal
  • 700071
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/23 12:07
End of Day Share Price2021/10/22 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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 here.