Tata Steel logo

Tata Steel share price

NSE: TATASTEELBSE: 500470Ferrous MetalsLarge Cap

Tata Steel Limited · Formerly Tata Iron and Steel Co. · Face value ₹1 · Listed Jan 1939 on BSE, Nov 1998 on NSE
Last close ₹169.46up ₹0.19 (0.11%)BSE ₹169.50

Share price at the NSE close on 29 Oct 2026. Previous close ₹169.27.

29 Oct: open ₹168.71, high ₹169.65, low ₹167.91

52-week range of traded prices to 29 Oct 2026
₹160.06Low, 9 Dec 2025₹224.40High, 15 May 2026
Market cap
₹2,11,546 Cr36th largest listed
P/E
19.17
P/E without one-offs
17.23
P/B
2.07
Dividend yield
2.36%
ROE
11.4%
ROE without one-offs
12.7%
ROCE
11.9%
Debt to equity
0.89
Volume, NSE
1,37,28,789

Tata Steel share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

−6.9%over a year to 28 Oct 2026 · Nifty Metal +11.1% · Nifty 500 −8.8%

ResultsTo 28 Oct 2026, 20-session average 2,40,53,221 shares a day, 49.2% delivered

About Tata Steel

Tata Steel Limited makes steel and a range of steel products, including hot-rolled, cold-rolled and coated steel, rebars, wire rods, tubes and wires, and sells them through its own distribution network.1 It operates across India, Europe, Southeast Asia and North America.2 Its main customers are in automotive, construction and infrastructure, general engineering and packaging, and in retail, such as individual home builders.3

Besides its Indian steel plants, Tata Steel runs mines and other upstream sites, and downstream units that make tubes, tinplate, wire and bearings.4 Its brands include Tata Tiscon rebars, Tata Steelium steel for small businesses and Tata Wiron wires.56 Outside India, Tata Steel Nederland runs an integrated steelworks at IJmuiden, Tata Steel UK has rolled steel bought from others since ending its own steelmaking in October 2024, and Tata Steel Thailand makes steel from scrap.789 The Tata Steel group has over 77,000 employees.10

Tata Steel was founded by Jamsetji Nusserwanji Tata and incorporated in 1907.1112 Its growth in India includes the acquisitions of Bhushan Steel, the steel business of Usha Martin and Neelachal Ispat Nigam (NINL).13 Its promoter is Tata Sons Private Limited.14 N Chandrasekaran is Chairman, and T V Narendran is Chief Executive Officer and Managing Director.1516

Tata Steel key points

Results

  • In the quarter to Jun 2026, consolidated revenue was ₹60,794 crore and EBITDA (profit before interest, tax, depreciation and amortisation) ₹9,370 crore, up 25% from a year earlier; profit after tax was ₹2,385 crore, against ₹2,007 crore.1718
  • In the year to Mar 2026, consolidated revenue was ₹2,32,140 crore, up 6%, EBITDA ₹34,848 crore, up 35%, and profit after tax ₹10,886 crore.19
  • In India, crude steel production of about 23.4 million tonnes and deliveries of about 22.5 million tonnes in the year to Mar 2026 were its highest ever.20
  • Net debt (borrowings less cash) was ₹84,173 crore at the end of June 2026, a net debt to EBITDA ratio of 2.3 times.21

Revenue mix

  • Share of domestic sales, branded and industrial lines, year to Mar 2026222324
    Itemyear to Mar 2026
    Branded Products and Retail41%
    Industrial Products, Projects and Exports40%
    The company said it has a market share of about 50% in the auto sector.

Where revenue comes from

  • India, Netherlands and UK revenue, quarter to Jun 2026252627
    Itemquarter to Jun 2026
    India (with NINL)₹36,989 crore
    Netherlands€1,445 million
    United Kingdom£484 million
    India makes 75% of the group's crude steel.

Plants and capacity

  • The group's crude steel capacity is 36 million tonnes a year (MTPA).28
  • Crude steel capacity of the main Indian plants, year to Mar 20262930
    Itemyear to Mar 2026
    Jamshedpur11 MTPA
    Kalinganagar8 MTPA
    Meramandali5.6 MTPA
    A ₹27,000 crore second phase took Kalinganagar from 3 to 8 MTPA.
  • In the year to Mar 2026 Tata Steel opened its first scrap-based electric arc furnace in India (which melts scrap using electricity), about 0.75 MTPA, at Ludhiana.31
  • Tata Steel's mines meet 100% of its Indian iron ore needs and its collieries about 25% of its clean coal needs. Its mining assets come up for re-auction in 2030, it said, and it holds a right of first refusal (first right to buy).3233

Expansion and capital spending

  • In its presentation of 30 Jul 2026, the company said its board had approved about ₹33,873 crore to expand NINL's steelmaking capacity by 4.8 MTPA to 6.2 MTPA; on its earnings call it said the plant is due within 48 months.3435
  • The company stated in its annual report for the year to Mar 2026 that it plans about ₹20,000 crore of capital spending in the year to Mar 2027, over 60% in India; it spent ₹14,559 crore in the year to Mar 2026.36
  • In its presentation of 30 Jul 2026, the company said it plans to grow tubes capacity from 1.7 to 4 MTPA and wires from 0.6 to 1 MTPA, and, by Mar 2028, tinplate at Jamshedpur from 0.4 to 0.7 MTPA.37

Europe

  • Tata Steel UK is building an electric arc furnace using domestic scrap at Port Talbot, a £1.25 billion project with £500 million of UK Government support; the company said its new National Grid connection is delayed.3839
  • Tata Steel Nederland incurred over €20 million of penalties in the year to Mar 2026 over alleged emission-limit breaches at its coke and gas plants; in April 2026 the authorities said they intend to revoke certain permits and close the plants sooner.40
  • The Direct Sheet Plant in the Netherlands, about 1.4 million tonnes a year and 20% of production there, was shut for almost all the quarter to Jun 2026 over chrome emissions; Netherlands EBITDA was about €4 million.4142

Recent events

  • On 20 Aug 2026, the company bought a further 23% of TM International Logistics (TMILL) for ₹335 crore, taking its stake to 74% and making TMILL a subsidiary.43
  • On 17 Mar 2026, the board approved merging NINL, a wholly owned subsidiary, into the company, which said it expects completion by Mar 2027.4445
  • On 30 Jan 2026, it bought 50.01% of Thriveni Pellets for ₹635.13 crore, gaining access to a 4 MTPA pellet plant (which turns fine iron ore into pellets) and a slurry pipeline.4647

Litigation and regulatory matters

  • The Orissa High Court partly quashed demands of ₹19,02,72,53,760 and ₹24,10,89,66,881 over alleged chrome ore dispatch shortfalls at the Sukinda Chromite Block on 20 Apr 2026. Odisha appealed; the Supreme Court set a hearing for 5 Oct 2026, and the documents give no outcome.4849
  • On 3 Apr 2026 the company received a demand notice dated 30 Mar 2026 for ₹17,55,10,54,029 over alleged excess coal extraction at the West Bokaro Colliery; by an order received on 24 Aug 2026, the appeal authority admitted its challenge and barred recovery steps meanwhile.5051
  • In Aug 2025 the Bombay High Court set aside a reassessment over a ₹25,185.51 crore loan waived for Tata Steel BSL (since merged); after a retrospective Finance Act 2026 change, it restored the company's challenge for hearing on 19 Aug 2026, with no outcome given.5253

Last updated

All 53 sources, each with its page
  1. 1. Exchange filing, 1 Oct 2026, page 4
  2. 2. Annual report, 3 Jun 2026, page 5
  3. 3. Annual report, 3 Jun 2026, page 78
  4. 4. Annual report, 3 Jun 2026, page 62
  5. 5. Annual report, 3 Jun 2026, page 259
  6. 6. Annual report, 3 Jun 2026, page 228
  7. 7. Annual report, 3 Jun 2026, page 46
  8. 8. Annual report, 3 Jun 2026, page 62
  9. 9. Annual report, 3 Jun 2026, page 57
  10. 10. Annual report, 3 Jun 2026, page 5
  11. 11. Annual report, 3 Jun 2026, page 4
  12. 12. Annual report, 3 Jun 2026, page 75
  13. 13. Annual report, 3 Jun 2026, page 26
  14. 14. Annual report, 3 Jun 2026, page 577
  15. 15. Annual report, 3 Jun 2026, page 20
  16. 16. Annual report, 3 Jun 2026, page 21
  17. 17. Investor presentation, 30 Jul 2026, page 2
  18. 18. Investor presentation, 30 Jul 2026, page 29
  19. 19. Annual report, 3 Jun 2026, page 19
  20. 20. Annual report, 3 Jun 2026, page 19
  21. 21. Investor presentation, 30 Jul 2026, page 2
  22. 22. Annual report, 3 Jun 2026, page 234
  23. 23. Annual report, 3 Jun 2026, page 235
  24. 24. Earnings call, 30 Jul 2026, page 3
  25. 25. Investor presentation, 30 Jul 2026, page 2
  26. 26. Earnings call, 30 Jul 2026, page 4
  27. 27. Investor presentation, 30 Jul 2026, page 2
  28. 28. Investor presentation, 30 Jul 2026, page 4
  29. 29. Annual report, 3 Jun 2026, page 46
  30. 30. Annual report, 3 Jun 2026, page 19
  31. 31. Annual report, 3 Jun 2026, page 256
  32. 32. Annual report, 3 Jun 2026, page 56
  33. 33. Earnings call, 30 Jul 2026, page 16
  34. 34. Investor presentation, 30 Jul 2026, page 3
  35. 35. Earnings call, 30 Jul 2026, page 10
  36. 36. Annual report, 3 Jun 2026, page 45
  37. 37. Investor presentation, 30 Jul 2026, page 13
  38. 38. Annual report, 3 Jun 2026, page 141
  39. 39. Earnings call, 30 Jul 2026, page 5
  40. 40. Annual report, 3 Jun 2026, page 22
  41. 41. Earnings call, 30 Jul 2026, page 5
  42. 42. Earnings call, 30 Jul 2026, page 4
  43. 43. Exchange filing, 20 Aug 2026, page 1
  44. 44. Annual report, 3 Jun 2026, page 141
  45. 45. Earnings call, 30 Jul 2026, page 6
  46. 46. Annual report, 3 Jun 2026, page 142
  47. 47. Annual report, 3 Jun 2026, page 23
  48. 48. Exchange filing, 26 Aug 2026, page 1
  49. 49. Exchange filing, 26 Aug 2026, page 2
  50. 50. Exchange filing, 25 Aug 2026, page 1
  51. 51. Exchange filing, 25 Aug 2026, page 2
  52. 52. Exchange filing, 24 Jul 2026, page 1
  53. 53. Exchange filing, 24 Jul 2026, page 2

Results

Consolidated; ₹ crore.Tata Steel quarterly results

Revenue growth, 12 months
+10.5%
Net profit growth, 12 months
+143.1%

Quarter to Jun 2026, against the quarter before

Revenue
₹60,794 Crdown 3.91%
Net profit
₹2,385 Crdown 19.55%
Net margin
3.9%

Revenue by quarter

₹53,905 CrSep 24₹53,648 CrDec 24₹56,218 CrMar 25₹53,178 CrJun 25₹58,689 CrSep 25₹57,002 CrDec 25₹63,270 CrMar 26₹60,794 CrJun 26
Peak revenue ₹63,270 Cr, quarter to Mar 2026; lowest ₹53,178 Cr, quarter to Jun 2025

Net profit by quarter, a loss in red

₹759 CrSep 24₹295 CrDec 24₹1,201 CrMar 25₹2,007 CrJun 25₹3,183 CrSep 25₹2,730 CrDec 25₹2,965 CrMar 26₹2,385 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue53,90553,64856,21853,17858,68957,00263,27060,794
Net profit7592951,2012,0073,1832,7302,9652,385
Net margin1.4%0.6%2.1%3.8%5.4%4.8%4.7%3.9%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Tata Steel India₹1,39,720 Crup 5.44%47.8%
  • Tata Steel Netherlands Operations₹61,355 Cr21.0%
  • Other Trade Related Operations₹39,562 Crdown 13.26%13.5%
  • Tata Steel UK Operations₹23,333 Cr8.0%
  • Other Indian Operations₹12,944 Crup 26.09%4.4%
  • South East Asian Operations₹8,605 Crup 15.16%2.9%
  • Neelachal Ispat Nigam Limited₹5,282 Crdown 7.36%1.8%
  • Rest of the World₹1,795 Cr0.6%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the years to Mar 2019 and Mar 2021: days before it are of the company before the change.Tata Steel PE ratio and valuation

Price to earnings

At or below today's level on 44% of 986 trading days over the last 5 years.

LowestHighest
Its median21.22Industry median13.67
Price to book

At or below today's level on 70% of 1,972 trading days since Nov 2018.

LowestHighest
Its median1.53Industry median2.06
Dividend yield

At or below today's level on 63% of 2,446 trading days over the last 10 years.

LowestHighest
Its median2.14%Industry median0.57%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+26.5%+215.7%−60.6%2.1%
3 years+24.7%+6.5%+15.0%2.2%
5 years+21.6%+6.3%+11.7%2.8%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2021 and Mar 2025.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Tata Steel shareholding pattern

Shareholding by group

  • Promoters32.94%
  • Foreign institutions18.19%
  • Indian institutions27.52%
  • Governments0.01%
  • Individuals and others21.33%
Holder
Tata Sons Private LimitedPromoter31.76%
Life Insurance Corporation of IndiaInsurance companies5.91%
Nps Trust- A/C Lic Pension Fund Scheme - State GovtProvident and pension funds2.09%
Tata Motors Passenger Vehicles Limited (formerly known as Tata Motors Limited)Promoter0.44%
Tata Investment Corporation LtdPromoter0.34%
Ewart Investments LimitedPromoter0.18%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions −1.18 pts, Indian institutions +0.90 pts, mutual funds +1.41 pts.

The filing reports 1,440 of its 12,48,35,27,171 shares locked in.

Mutual fund holdings

437 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 211 of the 268 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 4 more funds filed their first portfolio on record, holding it.All 437 funds holding Tata Steel

Bought for the first time
3
Bought again
4
Added
167
Cut
101
Held unchanged
158
Sold out
4
Fund
SBI Mutual Fund logoSBI Nifty 50 ETFSBI Mutual Fund16,09,26,3621.46%₹2,965.9 Cr
SBI Mutual Fund logoSBI BSE Sensex ETFSBI Mutual Fund11,07,09,3011.77%₹2,044.2 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Large Cap FundICICI Prudential Mutual Fund6,49,23,7601.57%₹1,196.5 Cr
Kotak Mahindra Mutual Fund logoKotak Arbitrage FundKotak Mahindra Mutual Fund6,24,55,2501.53%₹1,151.1 Cr
UTI Mutual Fund logoUTI Nifty 50 ETFUTI Mutual Fund5,51,89,1471.46%₹1,017.1 Cr
UTI Mutual Fund logoUTI BSE Sensex ETFUTI Mutual Fund5,21,67,4221.77%₹963.3 Cr
SBI Mutual Fund logoSBI Contra FundSBI Mutual Fund5,20,67,3002.13%₹959.6 Cr
Nippon India Mutual Fund logoNippon India ETF Nifty 50 BeESNippon India Mutual Fund5,16,62,1391.46%₹952.1 Cr
HDFC Mutual Fund logoHDFC Flexi Cap FundHDFC Mutual Fund5,15,54,8370.88%₹950.2 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Value FundICICI Prudential Mutual Fund4,04,17,9501.30%₹744.9 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 29 Oct 2025.Tata Steel insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Promoters and promoter group: no market trade · 32 pledge filings of unclear kind
  • Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Tata Steel competitors and peers

Iron & Steel, 15 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Tata Steel in market cap.Metal stocks

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
JSW Steel logoJSW SteelJSWSTEEL3,07,00210.802.71+14.1%+371.9%29.0%14.3%0.57%
Jindal Steel logoJindal SteelJINDALSTEL1,08,12937.882.06+25.5%+4.1%5.6%8.3%0.19%
Steel Authority of India logoSteel Authority of IndiaSAIL66,50111.871.06+9.4%+119.2%9.3%10.6%1.46%
Jindal Stainless logoJindal StainlessJSL56,26316.862.65+11.7%+20.6%17.0%16.0%0.59%
Sarda Energy & Minerals logoSarda Energy & MineralsSARDAEN16,13914.292.19+5.9%+20.8%16.5%14.6%0.44%
NMDC Steel logoNMDC SteelNSLNISP11,406136.320.87+41.6%–0.6%2.7%0.00%
Vedanta Iron and Steel logoVedanta Iron and SteelVISL9,889–1.69––––0.00%
Sandur Manganese & Iron Ores logoSandur Manganese & Iron OresSANDUMA8,17111.392.51+45.2%+45.7%24.5%24.4%0.30%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Tata Steel dividend history

Dividend per share, ₹, restated for later splits and bonuses

1Mar 171Mar 181.3Mar 191Mar 202.5Mar 215.1Mar 223.6Mar 233.6Mar 243.6Mar 254Mar 26
Highest ₹5.10 a share, year to Mar 2022.
Ex-dateTypePer share
12 Jun 2026Final₹4.00
6 Jun 2025Final₹3.60
21 Jun 2024Final₹3.60
22 Jun 2023Final₹3.60
15 Jun 2022Final₹51.00
17 Jun 2021Final₹25.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Tata Steel announcements

Tata Steel share price by year

Each calendar year to 2025.Tata Steel share price history

YearClose at year endChangeHighest closeLowest close
2025180.08+30.4%185.19122.93
2024138.05−1.1%183.15130.10
2023139.60+23.9%139.60102.10
2022112.65+1.4%137.0883.81
2021111.15+72.7%151.9460.10
202064.37+36.4%64.3725.38
201947.21−9.4%55.7232.48
201852.11−28.9%78.3549.87
201773.24+87.2%73.6340.33
201639.13+50.6%43.7021.75
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
28 Oct 2026170.65170.99168.09169.27169.041,28,94,67448.7%
27 Oct 2026169.19172.45168.20171.42170.962,70,60,89247.8%
26 Oct 2026167.67169.94165.51169.94168.372,26,24,70447.1%
23 Oct 2026170.90171.35163.41167.67166.673,03,32,37544.7%
22 Oct 2026170.50172.33168.10172.33170.581,66,94,22943.0%
21 Oct 2026175.00176.18170.60172.45172.832,15,77,70456.2%
19 Oct 2026175.50176.40173.87174.04174.921,26,38,61744.3%
16 Oct 2026176.60178.20174.86175.50175.734,28,68,06263.3%
15 Oct 2026174.55176.85172.64176.40175.711,78,81,41547.7%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
28 Jul 2022Split0.1000Each share became 10.
31 Jan 2018Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
29 Oct 2007Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

Company details

Chairperson
Natarajan Chandrasekaran
At the end of the quarter to Sep 2026
Managing director and CEO
T. V. Narendran
At the end of the quarter to Sep 2026
NSE symbol
TATASTEEL
BSE code
500470
ISIN
INE081A01020
Industry
Ferrous Metals
Former symbols
TISCO
CIN
L27100MH1907PLC000260
Corporate identity number, the registrar of companies' code for it
Incorporated
1907
Registered office
Bombay House, 24 Homi Mody Street, Fort, Mumbai 400001, Maharashtra
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments