Tata Steel is an Indian multinational steel manufacturing company and a subsidiary of the Tata Group, one of India’s largest and oldest industrial conglomerates. The company has a rich history dating back to its establishment in 1907 as Tata Iron and Steel Company (TISCO) by Jamsetji Tata.
Tata Steel is headquartered in Mumbai, India, and it operates across various countries, making it one of the world’s top steel producers. The company has a diverse range of products and services, including flat steel products, long steel products, tubes, and more. It serves various industries such as construction, automotive, infrastructure, packaging, and more.
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Business Model of Tata Steel Limited
Tata Steel operates within the steel manufacturing industry and has a diversified business model that encompasses various aspects of the steel value chain. Here are some key elements of Tata Steel’s business model:
- Steel Production: Tata Steel is primarily engaged in the production of steel, both flat and long products. Flat products include sheets, coils, and plates, while long products consist of bars, rods, and wire rods. The company operates integrated steel plants that involve the entire steel production process, from raw materials to finished products.
- Diversified Product Portfolio: Tata Steel offers a wide range of steel products tailored to meet the needs of different industries, including automotive, construction, infrastructure, packaging, and more. This diversified product portfolio helps the company cater to various customer segments and mitigate risks associated with fluctuations in specific industries.
- Global Operations: Tata Steel has a global presence with operations in multiple countries. It has manufacturing facilities not only in India but also in Europe and other regions. This geographical diversification helps the company tap into different markets and access raw materials and resources from various locations.
- Acquisitions and Joint Ventures: Tata Steel has expanded its operations through acquisitions and strategic partnerships. The most significant example is the acquisition of Corus Group, which provided Tata Steel with a strong foothold in the European steel market. Such acquisitions and joint ventures allow the company to enter new markets, access new technologies, and enhance its product offerings.
- Research and Innovation: Tata Steel emphasizes research and innovation to develop new steel products, processes, and technologies. This focus on innovation helps the company create high-value products that meet the evolving needs of its customers and improve operational efficiency.
- Sustainability and CSR: Tata Steel is committed to sustainability and corporate social responsibility. The company undertakes various initiatives to reduce its environmental footprint, promote responsible business practices, and contribute to the well-being of local communities.
- Supply Chain Management: Effective supply chain management is crucial in the steel industry. Tata Steel manages its supply chain to ensure a consistent supply of raw materials, such as iron ore and coal, which are essential for steel production.
- Market Segmentation: Tata Steel segments its target markets based on industry requirements. By understanding the specific needs of different industries, the company can tailor its product offerings and services to provide customized solutions.
- Customer Relationships: Tata Steel maintains strong relationships with its customers, including manufacturers, builders, and other industrial stakeholders. By providing quality products, technical support, and timely delivery, the company aims to build long-lasting partnerships.
- Digital Transformation: Like many modern businesses, Tata Steel is also undergoing digital transformation initiatives. This involves the integration of digital technologies to optimize operations, enhance customer experiences, and streamline processes.
Shareholding of TATA Steel Limited
As of June 2023, Shareholding of Tata Steel are as –
- Promotors- 33.90%.
- Retails & Others- 26.36%.
- Foreign Institution- 20.28%.
- Mutual Funds- 8.94%.
- Other Domestic Institutions – 10.52%.
Tata Steel Share
Tata Steel Limited Share listed on the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE).
As of 06 November, 2023, Tata Steel share price on the NSE was INR 119.35/-, Tata Share 52 week high at Rs. 124/- & 52 week low Rs.95/-. P/E ratio is 86.99 & Div Yield is 3.02%.
| Company Name | Tata Steel Limited |
| Share Name | TATA STEEL |
| Sector | Steel Manufacturing |
| Headquater | Mumbai |
| Foundation | 1907 |
| Key Person | Natrajan Chandrashekheran (Chairperson) |
| Market Cap | 1,41,689 Crores Rs. |
| Revenue | 1,32,332 Crore Rs |
| Official Website | Click Here |
Tata Steel Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050
| Year | First Target | Second Target |
| 2023 | 125 | 140 |
| 2024 | 143 | 164 |
| 2025 | 170 | 190 |
| 2026 | 195 | 215 |
| 2027 | 225 | 245 |
| 2028 | 250 | 290 |
| 2029 | 310 | 360 |
| 2030 | 370 | 425 |
| 2040 | 860 | 980 |
| 2050 | 1550 | 1680 |
Note:- “That these share price targets for “Tata Steel Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”
Annual Result Summary of Tata Steel
Here is the annual result summary of Tata Steel :
- Net profit of Rs. 9,814 crore for FY23, up 128% from Rs. 4,319 crore in FY22.
- Revenue of Rs. 1,67,851 crore for FY23, up 64% from Rs. 1,02,491 crore in FY22.
- Earnings per share (EPS) of Rs. 10.09 for FY23, up 138% from Rs. 4.31 in FY22.
- Steel production of 31.6 million tonnes (MT) for FY23, up 15% from 27.2 MT in FY22.
- Sales volume of 30.6 MT for FY23, up 14% from 26.7 MT in FY22.
- EBITDA of Rs. 27,700 crore for FY23, up 134% from Rs. 11,819 crore in FY22.
- ROCE of 25.7% for FY23, up from 14.8% in FY22.
- Capex of Rs. 14,300 crore for FY23.
- Order book of Rs. 38,000 crore as of March 31, 2023.
Last 5 Year History of Tata Steel Share
In Last 5 year Tata Steel Share give 99.79% returns to its Investors.
| Year | Share Price |
| Aug- 2018 | 57.55 |
| Aug- 2019 | 36.89 |
| Aug- 2020 | 42.89 |
| Aug- 2021 | 146.13 |
| Aug- 2022 | 112.65 |
Tata Steel Share Price Target 2023
The analysts are optimistic about the future of Tata Steel. The company is well-positioned to benefit from the growth of the Indian steel market
Tata Steel share price target 2023 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹125 | ₹140 |
Tata Steel Share Price Target 2024
The company plans to increase its production capacity in India to 40 million tonnes per annum by 2030. This will be done through a combination of brownfield expansions and greenfield projects.
Tata Steel share price target 2024 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹143 | ₹164 |
Tata Steel Share Price Target 2025
Tata Steel is investing in new technologies to improve its efficiency and reduce its environmental impact. This includes investments in electric arc furnaces, hydrogen-based steelmaking, and carbon capture and storage.
Tata Steel share price target 2025 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2025 | ₹170 | ₹190 |
Tata Steel Share Price Target 2026
Tata Steel is looking to diversify its product portfolio to reduce its dependence on the cyclical steel market. This includes investments in new products, such as stainless steel and specialty steels.
Tata Steel share price target 2026 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2026 | ₹195 | ₹215 |
Tata Steel Share Price Target 2027
Tata Steel is looking to expand its global footprint to new markets, such as Southeast Asia and Africa. This will be done through a combination of organic growth and acquisitions.
Tata Steel share price target 2027 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2027 | ₹225 | ₹245 |
Tata Steel Share Price Target 2028
Tata Steel is also committed to sustainable development. The company has set ambitious goals to reduce its carbon emissions and water consumption. It is also working to improve the livelihoods of the communities in which it operates.
Tata Steel share price target 2028 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2028 | ₹250 | ₹290 |
Tata Steel Share Price Target 2029
As sustainability becomes increasingly important, steel companies will need to focus on reducing their environmental impact, adopting cleaner production methods, and meeting regulatory requirements related to emissions and resource usage.
Tata Steel share price target 2029 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2029 | ₹310 | ₹360 |
Tata Steel Share Price Target 2030
The company is well-positioned to benefit from the growth of the Indian steel market and the global demand for sustainable steel. However, there are some risks that the company faces, such as the global economic slowdown and the rising cost of raw materials. Tata Steel is aware of these risks and is taking steps to mitigate them.
Tata Steel share price target 2030 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2030 | ₹370 | ₹425 |
Dividend History of Tata Steel Share
Here is a brief overview of Tata Steel Share dividend history over the past few years:
- In 2023, Company declared a final dividend of Rs. 3.60 per share.
- In 2022, Company declared a final dividend of Rs. 51 per share.
- In 2021, Company declared a final dividend of Rs. 25 per share.
- In 2020, Company declared a final dividend of Rs. 10 per share.
Joint Venture & Subsidiaries of Tata Steel Limited
Here are some joint ventures and subsidiaries of Tata Steel:
Joint Ventures:
- Tata Steel Europe: Tata Steel’s joint venture with thyssenkrupp resulted in the formation of Tata Steel Europe. It operates as a major steel producer in Europe with a focus on various steel products.
- Tata BlueScope Steel: This joint venture between Tata Steel and BlueScope Steel operates in the Asia-Pacific region, producing coated steel and building solutions.
- Tata Steel Thailand: Tata Steel has a joint venture with Sahaviriya Steel Industries Public Company Limited (SSI) in Thailand, which is involved in steel production.
- Nippon Steel & Sumitomo Metal Corporation (NSSMC) JV: Tata Steel and NSSMC collaborated in various ventures, including the production of automotive steel in India and electrical steel in Europe.
- TM International Logistics Limited (TMILL): A joint venture between Tata Steel and NYK Line, TMILL provides logistics and transportation services.
Subsidiaries:
- Tata Steel BSL Limited: Formerly known as Bhushan Steel Limited, it became a subsidiary of Tata Steel after acquisition. It produces flat steel products and is based in India.
- Tata Steel Long Products Limited: This subsidiary specializes in producing long steel products, including bars, rods, and wires.
- Tata Steel Minerals Canada Limited: Engaged in mining iron ore deposits in Canada and supplying high-quality iron ore to Tata Steel’s European operations.
- Tata Steel Downstream Products Limited: This subsidiary focuses on the manufacturing of downstream steel products for various industries.
- NatSteel Holdings: A subsidiary of Tata Steel, NatSteel is based in Singapore and produces high-quality steel products.
- Tata Steel Growth Shop (TGS): It provides engineering and technical services, including project management, for various industries.
- Tata Steel Processing and Distribution Limited (TSPDL): This subsidiary is involved in processing and distributing steel products.
- The Tinplate Company of India Limited (TCIL): Engaged in the production of tinplate and related products.
- Tata Sponge Iron Limited: This subsidiary produces sponge iron and operates a sponge iron plant in India.
- Tata Metaliks Limited: Engaged in manufacturing pig iron and ductile iron pipes.
- Tata Steel Special Economic Zone Limited: Focused on developing and operating special economic zones for industrial development.
FAQs
The consensus target price for Tata Steel share is Rs 125 to Rs 140 , which represents an upside of 6 to 9% from the current price.
The price of Tata Steel share will be affected by a number of factors, including:* The performance of the Indian steel market * The global demand for steel * The prices of raw materials * The company's financial performance * The company's strategic initiatives
Tata Steel is a well-established company with a long history. The company is also well-positioned to benefit from the growth of the Indian steel market. However, there are some risks that investors should be aware of, such as the global economic slowdown and the rising cost of raw materials.
Discover the latest trends in Tata Steel’s share price through our comprehensive market analysis in our article. We offer insights into historical data, price charts, and performance indicators.
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