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 |
|---|---|---|---|---|---|
| Operating cash flow | 350,645 | 231,376 | 203,007 | 216,831 | 443,810 |
| Depreciation and amortization | 119,545 | 104,213 | 98,822 | 93,352 | 91,009 |
| Capital expenditure | -145,591 | -156,705 | -182,066 | -141,425 | -105,222 |
| Investing cash flow | -149,053 | -137,985 | -142,514 | -186,798 | -108,812 |
| Financing cash flow | -213,871 | -70,024 | -110,970 | -69,807 | -234,011 |
| Dividends paid | -44,899 | -44,899 | -44,098 | -62,272 | -30,484 |
| Share repurchases | — | — | — | — | -7,750 |
| Debt issued | 159,535 | 238,930 | 141,204 | 167,687 | 124,389 |
| Debt repaid | -250,589 | -185,681 | -128,906 | -113,405 | -276,697 |
| Effect of exchange rates | 5,080 | 1,875 | -13.0 | 5,004 | -238 |
| Net change in cash | -7,200 | 25,241 | -50,491 | -34,771 | 100,749 |
| Free cash flow | 205,054 | 74,671 | 20,941 | 75,406 | 338,588 |
| Levered free cash flow | 122,978 | 8,312 | 6,713 | 59,715 | 200,376 |