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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Tata Steel Limited is an India-based global steel company with an annual crude steel capacity of approximately 35 million tons per annum. The Company is primarily engaged in the business of manufacturing and distribution of steel products across the globe. The Company and its…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, steadily growing business, fairly priced.
Tata Steel is scored on the commodity / cyclical framework. It keeps a slim 4.7% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 3.22× reported profit. It throws off free cash worth 8.7% of its market value — a strong free-cash yield.
Over the last 3 years revenue compounded at -2%/yr and profit at 11%/yr. Book value has been broadly flat (-0.4%/yr). Return on equity is a modest 10.6%. In the latest quarter profit fell 20% versus the prior quarter.
At 22× earnings, the stock sits at the 45th percentile of its own 2.6-year range — the middle of where it has historically traded. Today's price implies ~9%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 20.62 | 21.11 | better |
| P/B | 2.31 | 2.12 | worse |
| EV/EBITDA | 8.44 | 8.94 | better |
| ROE | 10.56 | 18.05 | worse |
| ROCE | 11.35 | 11.11 | better |
| ROA | 3.74 | 3.13 | better |
| Quick Ratio | 0.26 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| JSW Steel | 10.5 | 2.9 | 11.9% |
| Jindal Steel & Power | 41.5 | 2.3 | 6.2% |
| SAIL | 12.6 | 1.1 | 9.0% |
Negative CAGR — the top line has shrunk over this window. Growth is accelerating — latest year outpaced the prior year's rate.
1 of the 4 years shown had a loss — profitability is inconsistent. The latest year saw a +243% swing — check if it's a one-off or structural.
Operating margins have been stable around 7% — no major structural shift.
ROE at 10% — modest; the capital isn't working hard.
Profit grew faster than EPS (16% vs 10%) — share dilution is eroding per-share value. 10% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 3.2× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Low quarterly variance (9% spread) — a predictable, non-seasonal revenue stream.
Profit fell 20% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 2.6y median.
Promoters at 33.0% — dispersed ownership; institutional flows drive the stock.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.