Market Cap ₹3741 Cr.
Stock P/E -1.6
P/B 2
Current Price ₹829.5
Book Value ₹ 417.6
Face Value 10
52W High ₹0
Dividend Yield 0%
52W Low ₹ 0
Tata Steel Long Products Ltd is an primarily India based speciality metal manufacturer. The Company manufactures high-alloy steel for diverse industrial uses, which includes, construction, automotive and infrastructure, general engineering, railways and agriculture segments. Its product variety includes high-end metallic products for segments, like forgings, bearings, fasteners and free cutting. It is engaged in metallic manufacturing from mining and processing iron ore to generating and dispensing steel-based long products. The Company also has sponge iron production facility and power plant producing power from waste heat and thermal coal. Its products and solutions include metallic, sponge iron and wire rods. Its metal manufacturing facility is positioned in Gamharia, Jharkhand, which contains a pellet plant, sinter plant, oxygen plant, lime kiln plant, coke oven, sponge iron plant together with about five kilns, 2 blast furnaces and a metal melting store.
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
#(Fig in Cr.) | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 |
---|---|---|---|---|
Net Sales | 1637 | 1677 | 1799 | 1994 |
Other Income | 65 | 10 | 24 | 161 |
Total Income | 1702 | 1687 | 1824 | 2155 |
Total Expenditure | 1396 | 1426 | 1635 | 2062 |
Operating Profit | 306 | 261 | 189 | 93 |
Interest | 25 | 22 | 32 | 342 |
Depreciation | 82 | 82 | 71 | 86 |
Exceptional Income / Expenses | -15 | -12 | 0 | 0 |
Profit Before Tax | 185 | 144 | 85 | -335 |
Provision for Tax | 50 | 40 | 26 | -4 |
Profit After Tax | 135 | 104 | 60 | -331 |
Adjustments | 0 | 0 | 0 | 0 |
Profit After Adjustments | 135 | 104 | 60 | -331 |
Adjusted Earnings Per Share | 29.9 | 23 | 13.2 | -73.4 |
#(Fig in Cr.) | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Sales | 796 | 782 | 790 | 574 | 557 | 800 | 992 | 3490 | 4750 | 6802 | 7464 | 7107 |
Other Income | 32 | 37 | 55 | 38 | 37 | 43 | 58 | 81 | 78 | 138 | 634 | 260 |
Total Income | 827 | 819 | 845 | 611 | 594 | 843 | 1050 | 3571 | 4828 | 6939 | 8099 | 7368 |
Total Expenditure | 676 | 638 | 691 | 550 | 496 | 617 | 847 | 3337 | 3651 | 5624 | 7392 | 6519 |
Operating Profit | 152 | 181 | 155 | 62 | 99 | 226 | 202 | 235 | 1177 | 1315 | 707 | 849 |
Interest | 8 | 13 | 5 | 5 | 2 | 3 | 3 | 293 | 235 | 110 | 1387 | 421 |
Depreciation | 18 | 18 | 13 | 13 | 13 | 12 | 12 | 311 | 327 | 320 | 348 | 321 |
Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -161 | 0 | -27 | -2 | -27 |
Profit Before Tax | 126 | 150 | 136 | 43 | 83 | 210 | 188 | -530 | 615 | 858 | -1030 | 79 |
Provision for Tax | 40 | 49 | 45 | 11 | 25 | 69 | 63 | -14 | 43 | 229 | 56 | 112 |
Profit After Tax | 85 | 101 | 92 | 32 | 59 | 141 | 124 | -516 | 572 | 630 | -1085 | -32 |
Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit After Adjustments | 85 | 101 | 92 | 32 | 59 | 141 | 124 | -516 | 572 | 630 | -1085 | -32 |
Adjusted Earnings Per Share | 47.3 | 56.1 | 50.9 | 17.7 | 32.6 | 78.1 | 68.9 | -114.5 | 126.8 | 139.7 | -240.7 | -7.3 |
# | 1 Year | 3 Year | 5 Year | 10 Year |
---|---|---|---|---|
Sales CAGR | 10% | 29% | 56% | 25% |
Operating Profit CAGR | -46% | 44% | 26% | 17% |
PAT CAGR | -272% | 0% | NAN% | NAN% |
# | 1 Year | 3 Year | 5 Year | 10 Year |
---|---|---|---|---|
Share Price CAGR | 0% | 6% | 16% | 4% |
ROE Average | -41% | 2% | -3% | 5% |
ROCE Average | 2% | 10% | 8% | 13% |
#(Fig in Cr.) | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
---|---|---|---|---|---|---|---|---|---|---|---|
Shareholder's Funds | 639 | 723 | 795 | 826 | 865 | 986 | 1083 | 2017 | 2594 | 3200 | 2059 |
Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2644 | 1320 | 13392 | 14668 |
Other Non-Current Liabilities | 67 | 101 | 28 | 29 | 32 | 293 | 293 | 422 | 431 | 542 | 1431 |
Total Current Liabilities | 368 | 416 | 334 | 133 | 149 | 374 | 452 | 1598 | 2069 | 3308 | 3139 |
Total Liabilities | 1074 | 1239 | 1158 | 987 | 1046 | 1653 | 1829 | 6681 | 6413 | 20443 | 21297 |
Fixed Assets | 162 | 150 | 148 | 164 | 155 | 149 | 220 | 4615 | 4342 | 4081 | 3860 |
Other Non-Current Assets | 219 | 270 | 218 | 215 | 221 | 609 | 672 | 551 | 374 | 1621 | 13565 |
Total Current Assets | 693 | 818 | 793 | 609 | 670 | 895 | 937 | 1507 | 1679 | 14741 | 3815 |
Total Assets | 1074 | 1239 | 1158 | 987 | 1046 | 1653 | 1829 | 6681 | 6413 | 20443 | 21297 |
#(Fig in Cr.) | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
---|---|---|---|---|---|---|---|---|---|---|---|
Opening Cash & Cash Equivalents | 12 | 21 | 268 | 250 | 250 | 305 | 112 | 163 | 58 | 279 | 4559 |
Cash Flow from Operating Activities | 112 | 101 | -16 | 77 | 22 | 41 | 100 | -336 | 1690 | 1761 | -270 |
Cash Flow from Investing Activities | -90 | -89 | 16 | -58 | 51 | -213 | -12 | -3574 | 91 | -9405 | -4014 |
Cash Flow from Financing Activities | -13 | -12 | -18 | -18 | -18 | -20 | -37 | 3805 | -1559 | 11923 | -162 |
Net Cash Inflow / Outflow | 9 | -1 | -18 | 0 | 55 | -192 | 51 | -105 | 221 | 4280 | -4446 |
Closing Cash & Cash Equivalent | 21 | 20 | 250 | 250 | 305 | 112 | 163 | 58 | 279 | 4559 | 113 |
# | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
---|---|---|---|---|---|---|---|---|---|---|---|
Earnings Per Share (Rs) | 47.34 | 56.07 | 50.92 | 17.67 | 32.55 | 78.06 | 68.9 | -114.47 | 126.82 | 139.66 | -240.69 |
CEPS(Rs) | 57.25 | 65.91 | 58.09 | 24.82 | 39.62 | 84.87 | 75.32 | -45.56 | 199.37 | 210.52 | -163.6 |
DPS(Rs) | 6.84 | 8.55 | 8.55 | 8.55 | 9.4 | 17.09 | 10.68 | 0 | 5 | 12.5 | 0 |
Book NAV/Share(Rs) | 354.37 | 400.45 | 440.65 | 457.74 | 479.26 | 546.64 | 600.41 | 447.14 | 575.14 | 709.64 | 456.63 |
Core EBITDA Margin(%) | 13.7 | 16.79 | 11.44 | 3.78 | 10.02 | 22.37 | 14.58 | 4.39 | 23.13 | 17.31 | 0.97 |
EBIT Margin(%) | 15.26 | 19.03 | 16.34 | 7.7 | 13.97 | 26.14 | 19.23 | -6.8 | 17.88 | 14.24 | 4.79 |
Pre Tax Margin(%) | 14.36 | 17.49 | 15.73 | 6.85 | 13.57 | 25.74 | 18.93 | -15.19 | 12.94 | 12.62 | -13.79 |
PAT Margin (%) | 9.74 | 11.81 | 10.59 | 5.04 | 9.55 | 17.25 | 12.53 | -14.79 | 12.04 | 9.26 | -14.54 |
Cash Profit Margin (%) | 11.78 | 13.88 | 12.08 | 7.07 | 11.62 | 18.75 | 13.7 | -5.89 | 18.93 | 13.96 | -9.89 |
ROA(%) | 8.38 | 8.75 | 7.67 | 2.97 | 5.78 | 10.44 | 7.14 | -12.13 | 8.74 | 4.69 | -5.2 |
ROE(%) | 14.15 | 14.86 | 12.11 | 3.93 | 6.95 | 15.22 | 12.01 | -33.31 | 24.81 | 21.74 | -41.27 |
ROCE(%) | 22.16 | 23.94 | 18.68 | 6.01 | 10.16 | 23.06 | 18.43 | -8.27 | 19.81 | 9.44 | 2.15 |
Receivable days | 9.96 | 9.89 | 7.35 | 11.04 | 19.34 | 21.13 | 25.25 | 12.25 | 8.88 | 3.64 | 3.2 |
Inventory Days | 30.67 | 25.67 | 35.83 | 40.59 | 24.16 | 29.76 | 36.68 | 47.7 | 61.85 | 58.03 | 66.39 |
Payable days | 29.85 | 35.02 | 31.72 | 37.57 | 45.65 | 43.99 | 36.56 | 74.14 | 166.39 | 171.48 | 152.65 |
PER(x) | 5.38 | 7.72 | 12.15 | 22.65 | 18.33 | 10.1 | 9.43 | 0 | 5.7 | 5.14 | 0 |
Price/Book(x) | 0.72 | 1.08 | 1.4 | 0.87 | 1.25 | 1.44 | 1.08 | 0.42 | 1.26 | 1.01 | 1.38 |
Dividend Yield(%) | 2.68 | 1.97 | 1.38 | 2.13 | 1.57 | 2.17 | 1.64 | 0 | 0.69 | 1.74 | 0 |
EV/Net Sales(x) | 0.28 | 0.65 | 1.1 | 0.82 | 1.38 | 1.25 | 0.83 | 0.96 | 0.91 | 1.77 | 2.21 |
EV/Core EBITDA(x) | 1.48 | 2.83 | 5.59 | 7.63 | 7.8 | 4.43 | 4.08 | 14.23 | 3.65 | 9.18 | 23.3 |
Net Sales Growth(%) | 25.53 | -1.7 | 0.96 | -27.38 | -2.83 | 43.58 | 23.98 | 251.79 | 36.1 | 43.2 | 9.74 |
EBIT Growth(%) | 13.78 | 21.82 | -13.03 | -65.63 | 76.31 | 148.41 | -10.61 | -224.43 | 457.82 | 13.99 | -63.09 |
PAT Growth(%) | 12.88 | 18.43 | -9.18 | -65.29 | 84.2 | 139.8 | -11.73 | -515.24 | 210.79 | 10.12 | -272.34 |
EPS Growth(%) | 12.88 | 18.43 | -9.18 | -65.29 | 84.2 | 139.8 | -11.73 | -266.15 | 210.79 | 10.12 | -272.34 |
Debt/Equity(x) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.31 | 0.51 | 4.18 | 7.12 |
Current Ratio(x) | 1.89 | 1.97 | 2.37 | 4.58 | 4.5 | 2.39 | 2.07 | 0.94 | 0.81 | 4.46 | 1.22 |
Quick Ratio(x) | 1.73 | 1.82 | 2.05 | 4.34 | 4.17 | 2.17 | 1.82 | 0.44 | 0.42 | 4.05 | 0.78 |
Interest Cover(x) | 16.92 | 12.33 | 26.72 | 9.05 | 35.15 | 65.74 | 63.14 | -0.81 | 3.62 | 8.81 | 0.26 |
Total Debt/Mcap(x) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.09 | 0.4 | 4.14 | 5.15 |
# | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Promoter | 74.91 | 74.91 | 74.91 | 74.91 | 74.91 | 74.91 | 74.91 | 74.91 | 74.91 | 74.91 |
FII | 0.51 | 0.55 | 0.53 | 0.63 | 0.51 | 0.26 | 0.26 | 0.71 | 1.16 | 1.2 |
DII | 6.16 | 5.03 | 5 | 4.78 | 4.79 | 4.72 | 4.69 | 4.69 | 4.68 | 4.91 |
Public | 18.42 | 19.5 | 19.56 | 19.68 | 19.79 | 20.11 | 20.13 | 19.69 | 19.25 | 18.98 |
Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
# | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Promoter | 3.38 | 3.38 | 3.38 | 3.38 | 3.38 | 3.38 | 3.38 | 3.38 | 3.38 | 3.38 |
FII | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 0.01 | 0.01 | 0.03 | 0.05 | 0.05 |
DII | 0.28 | 0.23 | 0.23 | 0.22 | 0.22 | 0.21 | 0.21 | 0.21 | 0.21 | 0.22 |
Public | 0.83 | 0.88 | 0.88 | 0.89 | 0.89 | 0.91 | 0.91 | 0.89 | 0.87 | 0.86 |
Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 4.51 | 4.51 | 4.51 | 4.51 | 4.51 | 4.51 | 4.51 | 4.51 | 4.51 | 4.51 |
Pros
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Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
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