Monday, 28 September 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call

Tata Steel Earnings Call: Key Takeaways

Tata Steel delivered a resilient FY26 performance with consolidated EBITDA rising 35% YoY to ₹34,848 crores. Management focused on cost transformation, India-led growth, and UK/Netherlands restructuring.

Highlights
Revenue growth4QFY26 revenue ₹63,270 crores; TSL standalone ₹38,448 crores.
MarginsConsolidated EBITDA margin expanded to 15%; India margins stable at 24%.
Demand visibilityStrong infrastructure-led demand in India; 8-10% steel demand growth expected.
Management confidenceHigh in India growth and cost transformation program (₹10,868cr savings).

Growth

Consolidated EBITDA up 35% YoY; EBITDA margin expanded 320 bps to ~15%. India EBITDA grew 17% YoY.

Outlook

Planned ₹20,000cr FY27 capex (60% in India). Targeted 2MT+ volume growth in India via Kalinganagar ramp-up.

Risks

Regulatory uncertainty in Netherlands; UK grid connectivity delays for EAF; volatile West Asia geopolitical tensions affecting costs.

Source

Earnings Call filed with NSE, NSE: TATASTEEL. Summary written with AI assistance from the document.

Read the document ↗

Tata Steel Ltd: key numbers

Share price
₹187.97
Market cap
₹2,34,653 Cr
Revenue (annual)
₹2,32,140 Cr
Net profit (annual)
₹10,794 Cr
P/E (TTM)
21.3×Sector 19.0×
Promoter holding
32.94%-0.25% QoQ
FII holding
18.90%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Tata Steel Ltd

All →
21:18 IST BSE
Debt & Borrowing

Tata Steel Debt & Borrowing: ₹1,200 Cr

Tata Steel has successfully redeemed Commercial Papers worth ₹1,200 Crore on the due date. This payment settles the outstanding principal for these debt instruments.

Value
₹1,200 Cr
19:04 IST BSE
Debt & Borrowing

Tata Steel Debt & Borrowing: ₹153.9 Cr

Tata Steel has made annual interest payments of Rs.37.50 Crore and Rs.116.40 Crore on its listed NCDs, totaling Rs.153.90 Crore.

Value
₹153.9 Cr
20:19 IST BSE
Legal & Regulatory

Tata Steel Legal & Regulatory

Tata Steel obtained an interim order from the Calcutta High Court restraining JPC from utilizing the Rs. 2,970 crore deposited by the company pending appeal.

20:14 IST NSE
Legal & Regulatory

Tata Steel Legal & Regulatory

Tata Steel updated the exchange on a legal matter regarding SDF loans. The Calcutta High Court has directed that the disputed ₹2,970 crore shall not be utilized.

Value
₹2,970 Cr
10:51 IST NSE
Other Announcement

Tata Steel Other Announcement

Tata Steel disclosed a voluntary ESG score of 68.3 (Grade B) from SEBI-registered provider SES ESG. No transaction, financial impact, or business event is involved.

16:57 IST BSE
Debt & Borrowing

Tata Steel Debt & Borrowing: ₹800 Cr

Tata Steel Ltd has completed the full redemption of its commercial paper series TSL-15-9-26-CP, amounting to ₹800 Crore. This repayment concludes the debt obligation.

Value
₹800.0 Cr