ALFA Finder| Management target | Revenue FY2027 |
|---|
| Margins | Consolidated EBITDA margin expanded 320 bps to 15%. |
|---|---|
| Order book | Best-ever quarterly and annual volumes in Automotive and Special Products. |
| Demand visibility | Strong India demand expected; 8-10% steel demand growth initially projected. |
| Management confidence | High regarding India; cautious on European regulatory hurdles. |
Growth
India deliveries up 8% YoY to 23MT. Consolidated EBITDA margin expanded 320 bps YoY to ~15%.
Outlook
FY2027 capex guided at Rs 20,000 crores (60% India). Volume growth of 2MT+ expected for FY2027.
Risks
Regulatory uncertainty in Netherlands (CGP closure); UK infrastructure delays; West Asia geopolitical risks affecting input costs.
Earnings Call Transcript filed with NSE, NSE: TATASTEEL. Summary written with AI assistance from the document.
Tata Steel Ltd: key numbers
- Share price
- ₹189.28
- Market cap
- ₹2,36,288 Cr
- Revenue (annual)
- ₹2,32,140 Cr
- Net profit (annual)
- ₹10,794 Cr
- P/E (TTM)
- 20.4×Sector 17.1×
- Promoter holding
- 32.94%+0.00% QoQ
- FII holding
- 17.72%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Tata Steel Ltd
All →Tata Steel Earnings Call Transcript: Key Takeaways
Q2 FY27 consolidated revenue ₹1,26,231 Cr; EBITDA margin 16%, up from 15% in Q1. India delivered its strongest Q2 ever, while UK and Netherlands remain loss-making and the Netherlands decision is deferred to March 2027.
Tata Steel Capital Structure Change
Tata Steel's stake in subsidiary CPDPL rose from 51% to 57.5% via conversion of preference shares. CPDPL remains a subsidiary; no fresh capital was subscribed.
Tata Steel Management Change
Tata Steel reported the cessation of Noel Naval Tata as a Non-Executive Non-Independent Director, effective November 12, 2026, due to superannuation or retirement. The change was disclosed following the November 7, 2026 board meeting.
Tata Steel Results Update
Tata Steel's consolidated EBITDA rose to Rs 10,665 crore in the September quarter, up 17% YoY. Half-year EBITDA reached Rs 20,035 crore.
Tata Steel Q2 FY27 Results: Net Profit ₹3,700 Cr, Up 16.2% YoY
Tata Steel Ltd reported revenue from operations of ₹65,436 Cr (+11.5% YoY) and net profit of ₹3,700 Cr (+16.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹3,700 Cr · +16.2% YoY
Tata Steel Acquisition
Tata Steel and subsidiary Rujuvalika Investments' Scheme of Amalgamation became effective November 3, 2026. RIL's ₹1.55 crore authorised capital merged, raising Tata Steel's to ₹32,621.05 crore.