Consolidated figures · ₹ crore
| ₹ Cr | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| 1,33,016 | 1,57,669 | 1,39,817 | 1,56,294 | 2,43,959 | 2,43,353 | 2,29,171 | 2,18,543 | 2,32,140 | |
| COGS | 52,165 | 60,780 | 57,475 | 56,940 | 83,479 | 1,13,238 | 1,01,916 | 95,001 | 93,618 |
| Gross profit | 80,852 | 96,889 | 82,342 | 99,354 | 1,60,480 | 1,30,114 | 1,27,255 | 1,23,542 | 1,38,522 |
| 58,787 | 67,281 | 64,691 | 68,522 | 96,341 | 97,396 | 1,05,007 | 98,053 | 1,03,801 | |
| 22,065 | 29,608 | 17,651 | 30,832 | 64,139 | 32,718 | 22,248 | 25,489 | 34,721 | |
| OPM % | 16.6% | 18.8% | 12.6% | 19.7% | 26.3% | 13.4% | 9.7% | 11.7% | 15% |
| Depreciation | 5,962 | 7,342 | 8,441 | 9,234 | 9,101 | 9,335 | 9,882 | 10,421 | 11,955 |
| Interest | 5,502 | 7,660 | 7,533 | 7,607 | 5,462 | 6,299 | 7,508 | 7,341 | 7,167 |
| 10,567 | 1,211 | -3,073 | -148 | 651 | 1,151 | -6,005 | 686 | 369 | |
| Profit before tax | 21,168 | 15,817 | -1,396 | 13,844 | 50,227 | 18,235 | -1,147 | 8,413 | 15,969 |
| Tax | 3,405 | 6,718 | -2,568 | 5,654 | 8,478 | 10,160 | 3,763 | 5,239 | 5,083 |
| Tax % | 16.1% | 42.5% | -184% | 40.8% | 16.9% | 55.7% | 328% | 62.3% | 31.8% |
| 17,763 | 9,098 | 1,172 | 8,190 | 41,749 | 8,075 | -4,910 | 3,174 | 10,886 | |
| PAT margin % | 13.4% | 5.8% | 0.8% | 5.2% | 17.1% | 3.3% | -2.1% | 1.5% | 4.7% |
| EPS (₹) | 128.1 | 87.8 | 11.9 | 63.8 | 332.4 | 7.2 | -3.6 | 2.7 | 8.7 |
| EPS adjusted (₹) | 11.7 | 8.9 | 1.4 | 6.3 | 32.9 | 7.2 | -3.6 | 2.7 | 8.7 |
| 7.8% | 14.8% | 84.3% | 39.2% | 15.3% | 50.2% | — | 131.4% | 46.2% | |
| Annual report | Annual report for Mar 2018 | Annual report for Mar 2019 | Annual report for Mar 2020 | Annual report for Mar 2021 | Annual report for Mar 2022 | Annual report for Mar 2023 | Annual report for Mar 2024 | Annual report for Mar 2025 | Annual report for Mar 2026 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 971 | 970 | 1,145 | 1,145 | 1,145 | 1,198 | 1,221 | 1,221 | 1,247 | 1,247 | 1,247 |
| Reserves | 43,867 | 34,574 | 57,451 | 65,505 | 72,431 | 73,041 | 1,13,222 | 1,01,861 | 90,788 | 89,922 | 1,00,920 |
| Minority interest | 3,129 | 3,877 | 3,212 | 4,639 | 2,587 | 3,270 | 2,655 | 2,093 | 397 | 183 | 1,613 |
| 71,945 | 82,350 | 88,674 | 91,145 | 1,13,289 | 80,667 | 68,829 | 84,893 | 87,082 | 94,801 | 92,382 | |
| 53,889 | 51,562 | 59,277 | 71,148 | 60,967 | 87,312 | 99,518 | 97,953 | 93,909 | 93,241 | 1,05,092 | |
| Total equity & liabilities | 1,73,801 | 1,73,333 | 2,09,758 | 2,33,582 | 2,50,419 | 2,45,487 | 2,85,446 | 2,88,022 | 2,73,424 | 2,79,395 | 3,01,254 |
| 70,137 | 88,512 | 92,005 | 1,20,445 | 1,34,551 | 1,35,775 | 1,33,288 | 1,46,621 | 1,48,814 | 1,50,914 | 1,79,908 | |
| CWIP | 28,099 | 15,514 | 16,160 | 17,957 | 18,862 | 18,129 | 21,228 | 30,308 | 33,370 | 40,602 | 27,510 |
| Investments | 12,373 | 10,863 | 16,118 | 3,815 | 6,285 | 10,682 | 13,140 | 8,410 | 6,258 | 6,194 | 7,089 |
| 63,192 | 58,444 | 85,474 | 91,365 | 90,722 | 80,901 | 1,17,790 | 1,02,682 | 84,981 | 81,685 | 86,747 | |
| Total assets | 1,73,801 | 1,73,333 | 2,09,758 | 2,33,582 | 2,50,419 | 2,45,487 | 2,85,446 | 2,88,022 | 2,73,424 | 2,79,395 | 3,01,254 |
As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.
Latest reported period · 31 Mar 2026 · ₹ crore
| Segment | Revenue | Result | Assets | Liabilities | Capital employed | ROCE % |
|---|---|---|---|---|---|---|
| Tata Steel India | 1,39,720.22 | 33,035.63 | 1,88,360.54 | 1,40,199.83 | 48,160.71 | 68.59 |
| Tata Steel Netherlands Operations | 61,354.84 | 2,721.52 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 11,963 | 10,824 | 8,023 | 25,336 | 20,169 | 44,327 | 44,381 | 21,683 | 20,301 | 23,512 | 35,064 | |
| -10,424 | -9,076 | -12,026 | -29,211 | -14,530 | -9,323 | -10,881 | -18,680 | -14,251 | -14,173 | -14,905 | |
| -3,928 | -2,579 | 6,640 | -673 | -1,695 | -37,090 | -23,401 | -6,981 | -11,097 | -7,002 | -21,387 | |
| Net cash flow | -2,389 | -831 | 2,638 | -4,548 | 3,944 | -2,086 | 10,099 | -3,977 | -5,048 | 2,337 | -1,228 |
| Free cash flow | 477 | — | — | — | 9,771 | 37,348 | 33,859 | 7,541 | 2,094 | 7,841 | 20,505 |
| CFO / Operating profit % | — | — | 36.7% | 86.2% | 115.5% | 145.3% | 69.9% | 67.1% | 91% | 92.9% | 102.1% |
| 64,871.45 |
| 27,451.56 |
| 37,419.89 |
| 7.27 |
| Other Trade Related Operations | 39,561.96 | 610.79 | 15,266.43 | 18,908.06 | — | — |
| Tata Steel UK Operations | 23,332.67 | -2,568.99 | 17,667.48 | 13,499.41 | 4,168.07 | -61.64 |
| Other Indian Operations | 12,943.95 | 707.25 | 12,724.17 | 5,711.37 | 7,012.8 | 10.09 |
| South East Asian Operations | 8,605.46 | 774.55 | 5,380.14 | 1,109.21 | 4,270.93 | 18.14 |
| Neelachal Ispat Nigam Limited | 5,281.59 | 1,236.29 | 14,238.93 | 9,034.38 | 5,204.55 | 23.75 |
| Rest of the World | 1,795.19 | -837.37 | 7,048.49 | 13,225.55 | — | — |
| Inter Segment Eliminations | -60,455.94 | -831.94 | -24,558.58 | -31,665.71 | — | — |
₹ crore by fiscal year