Tata Steel revenue and financials
₹175.50Change from previous close: −1.74%Absolute change: −₹3.10
In the fiscal year ended March 2026, Tata Steel reported revenue of ₹2.32T (+6.22% year over year). Net income was ₹107.94B, a net margin of 4.6%.
Fiscal year ending in March. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +6.22%
- FY to Mar 2026 vs FY to Mar 2025
- Net income growth
- +215.56%
- FY to Mar 2026 vs FY to Mar 2025
- Net margin
- 4.6%
- FY to Mar 2025: 1.6%
Financial data
Amounts in millions of INR; per-share values in INR; shares in millions.
| Item | FY to Mar 2026 | FY to Mar 2025 | FY to Mar 2024 | FY to Mar 2023 | FY to Mar 2022 |
|---|---|---|---|---|---|
| Total assets | 3,012,541 | 2,793,948 | 2,734,235 | 2,880,217 | 2,854,456 |
| Current assets | 725,202 | 683,915 | 705,483 | 866,655 | 922,561 |
| Cash and equivalents | 88,850 | 96,050 | 70,808 | 121,299 | 156,047 |
| Short-term investments | 906 | 16,948 | 17,742 | 49,726 | — |
| Receivables | 50,699 | 54,913 | 64,205 | 84,117 | 123,427 |
| Inventory | 472,492 | 445,899 | 491,575 | 544,153 | 488,244 |
| Net property, plant and equipment | 1,874,612 | 1,739,050 | 1,644,942 | 1,582,272 | 1,457,318 |
| Goodwill | 75,338 | 59,585 | 57,453 | 56,017 | 43,112 |
| Other intangible assets | 134,097 | 126,729 | 129,304 | 140,057 | 52,904 |
| Long-term investments | 61,059 | 57,760 | 55,450 | 47,922 | 46,154 |
| Current liabilities | 969,176 | 860,936 | 984,035 | 972,951 | 905,880 |
| Accounts payable | 348,101 | 293,144 | 302,276 | 324,546 | 310,687 |
| Long-term debt | 637,537 | 685,518 | 515,767 | 514,463 | 447,641 |
| Total debt | 923,817 | 948,011 | 870,821 | 848,931 | — |
| Total liabilities | 1,974,737 | 1,880,420 | 1,809,908 | 1,828,465 | 1,683,471 |
| Total equity (incl. minority) | 1,037,805 | 913,528 | 924,327 | 1,051,752 | 1,170,985 |
| Retained earnings | 525,873 | 466,110 | 477,274 | 603,599 | 678,402 |
| Minority interest | 16,128 | 1,832 | 3,970 | 20,931 | 26,554 |
