Tata Steel revenue and financials
₹175.64Change from previous close: −1.71%Absolute change: −₹3.05
In the fiscal year ended March 2026, Tata Steel reported revenue of ₹2.3T (+6.20% year over year). Net income was ₹107.94B, a net margin of 4.7%.
Fiscal year ending in March. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +6.20%
- 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
- 4.7%
- 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 | — |
| Current assets | 725,202 | 683,915 | 705,483 | 866,655 | — |
| Cash and equivalents | 88,850 | 96,050 | 70,808 | 121,299 | — |
| Short-term investments | 31,872 | 16,948 | 17,742 | 49,726 | — |
| Inventory | 472,492 | 445,899 | 491,575 | 544,153 | — |
| Net property, plant and equipment | 2,001,339 | 1,859,528 | 1,769,916 | 1,716,839 | — |
| Goodwill | 75,338 | 59,585 | 57,453 | 56,017 | — |
| Other intangible assets | 23,415 | 15,394 | 14,390 | 19,325 | — |
| Long-term investments | 29,435 | 29,709 | 29,472 | 32,333 | — |
| Current liabilities | 969,176 | 860,936 | 984,035 | 972,951 | — |
| Accounts payable | 348,101 | 293,144 | 302,276 | 378,325 | — |
| Long-term debt | 637,537 | 685,518 | 515,767 | 514,463 | — |
| Total debt | 923,817 | 948,011 | 870,821 | 848,931 | — |
| Total liabilities | 1,974,737 | 1,880,420 | 1,809,908 | 1,828,465 | — |
| Total equity (incl. minority) | 1,037,805 | 913,528 | 924,327 | 1,051,752 | — |
| Retained earnings | 396,748 | 336,985 | 348,157 | 481,663 | — |
| Minority interest | 16,128 | 1,832 | 3,970 | 20,931 | — |