ALFA Finder India's fastest NSE & BSE filing alerts on Telegram, filtered to the stocks you hold Telegram alerts alfafinder.com →
Saturday, 7 November 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

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 Q2 FY27 concall: date, live audio and summaryConcall page →
Highlights
Revenue growthConsolidated revenue ₹1,26,231 Cr; YoY growth not stated.
MarginsConsolidated EBITDA margin 16% vs 15% Q1; Europe losses persist.
Demand visibilityIndia healthy demand; UK auto/construction seen down 2–4%.
Management confidenceBalanced; H2 better than H1, but UK break-even pushed.

Growth

India deliveries +16% QoQ; consolidated EBITDA/t up ₹2,160 YoY. UK deliveries ~0.4 Mt vs 0.6 Mt target.

Outlook

H2 guided stronger than H1; FY27 cost savings ₹7,000 Cr target (₹1,800 Cr delivered H1); net debt ₹91,423 Cr.

Risks

UK import glut persists; EU quotas and CBAM constrain exports; Dutch coke-plant closure and slag handling unresolved.

Source

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

Read the document ↗

Tata Steel Ltd: key numbers

Share price
₹186.30
Market cap
₹2,32,568 Cr
Revenue (annual)
₹2,32,140 Cr
Net profit (annual)
₹10,794 Cr
P/E (TTM)
21.1×Sector 17.0×
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 →