Tata Steel Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Tata Steel Limited's yearly results (2023–2026), compared with Basic Materials companies in India. Tap ? on any ratio for what it means.
What stands out
- Cash Locked Ratio: For every ₹100 of sales, ₹2 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹4 tied up three years earlier. Less money tied up than 91% of Basic Materials companies in India.
- Tangible Net Worth Ratio: Of every ₹100 of net worth, ₹90 is tangible; the rest is goodwill and other intangibles, often from buying other companies. Less tangible than 87% of Basic Materials companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
—Loss-making or profit too small
Over the last 3 years profit was a loss or under 2% of sales, so cash per 100 of profit is not meaningful.
Self-Funding Ratio
1.6×Over the last 3 years its own operating cash covered its investment spending (capex) 1.6 times.
Higher than 65% of Basic Materials companies in India.
Cash Locked Ratio
₹2For every ₹100 of sales, ₹2 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹4 tied up three years earlier.
Less money tied up than 91% of Basic Materials companies in India.
Growth quality
Steadiness Ratio
1/3 · 2/3Sales grew in 1 of the last 3 years; profit grew in 2 of 3.
Less steady than 69% of Basic Materials companies in India.
Growth Efficiency Ratio
—Sales barely changed
Sales changed by -5% in 3 years, too little to measure extra profit per extra sales.
Asset Productivity Ratio
-5% / +5%In 3 years sales changed by -5% while total assets changed by +5%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
1.7×Debt due within a year is covered 1.7 times by its yearly operating cash.
Higher than 68% of Basic Materials companies in India.
Cash Cushion Ratio
−37%Debt, after subtracting cash, equals 37% of its market value (net debt).
Lower than 78% of Basic Materials companies in India.
Tangible Assets Ratio
97%Of every ₹100 the company owns, ₹97 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 83% of Basic Materials companies in India.
Tangible Net Worth Ratio
90%Of every ₹100 of net worth, ₹90 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
Less tangible than 87% of Basic Materials companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Tata Steel Limited owes ₹0.66 for every ₹1 it owns. Net profit rose 216% in the year to Mar 2026, and grew 7% a year on average over 3 years.
Compared with Basic Materials companies in India · latest annual results Mar 2026.
P/E ratio
19.5Investors pay ₹19.5 for every ₹1 of Tata Steel Limited's yearly profit, lower than 54% of Basic Materials companies in India.
P/B ratio
2.10The share price is 2.10 times Tata Steel Limited's book value per share, higher than 53% of Basic Materials companies in India.
Market cap
₹214,970 CrThe total market value of all of Tata Steel Limited's shares at today's price (share price × number of shares), larger than almost all Basic Materials companies in India. PosiCap size class: Tito Cap.
Net worth (book value)
₹102,168 CrWhat Tata Steel Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹81.90Net worth divided by the number of shares. The share price of ₹172.33 is 2.1 times this, which is the P/B above.
Return on equity (ROE)
10.8%Tata Steel Limited earned 10.8% on its shareholders' money over the last year, higher than 52% of Basic Materials companies in India.
Owes vs Owns
0.66×Tata Steel Limited owes ₹0.66 for every ₹1 it owns (moderate), higher than 93% of Basic Materials companies in India.
Dividend yield
2.30%Tata Steel Limited pays 2.30% of its share price as dividends a year, higher than 88% of dividend-paying Basic Materials companies in India.
Revenue growth
+6%Revenue rose 6% in the year to Mar 2026, and shrank 2% a year on average over 3 years.
Profit growth
+216%Net profit rose 216% in the year to Mar 2026, and grew 7% a year on average over 3 years.
Profit margin
4.7%Tata Steel Limited keeps ₹5 of every ₹100 of revenue as net profit.
Cash quality
3.2×Cash from Tata Steel Limited's business was 3.2× its reported profit in the year to Mar 2026 — its profit turned into cash.
Interest cover
3.1×Tata Steel Limited's operating profit covered its interest costs 3.1 times in the year to Mar 2026.
Cash vs debt
Net debtTata Steel Limited had ₹80,310 Cr more debt than cash (net debt) at Mar 2026.
Questions
What is Tata Steel Limited's P/E ratio?
Investors pay ₹19.5 for every ₹1 of Tata Steel Limited's yearly profit, lower than 54% of Basic Materials companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Tata Steel Limited: ₹214,970 Cr ÷ ₹102,168 Cr (31 Mar 2026) = 2.1.
What is Tata Steel Limited's return on equity?
Tata Steel Limited earned 10.8% on its shareholders' money over the last year, higher than 52% of Basic Materials companies in India.
How much does Tata Steel Limited owe compared with what it owns?
Tata Steel Limited owes ₹0.66 for every ₹1 it owns (moderate), higher than 93% of Basic Materials companies in India.
Does Tata Steel Limited pay a dividend?
Yes. Tata Steel Limited pays 2.30% of its share price as dividends a year, higher than 88% of dividend-paying Basic Materials companies in India.
Is Tata Steel Limited's revenue growing?
Revenue rose 6% in the year to Mar 2026, and shrank 2% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.