Price
Financials
Consolidated, Rs crore| Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 999 | 1,008 | 653 | 1,186 | 1,364 | 1,547 | 1,688 | 1,869 | 2,113 | 3,016 | 3,568 | 2,948 |
| Expenses | 964 | 872 | 646 | 1,002 | 955 | 1,049 | 1,167 | 2,124 | 2,485 | 3,058 | 3,407 | 2,854 |
| Operating Profit | 35 | 136 | 7 | 184 | 410 | 498 | 520 | -255 | -372 | -42 | 161 | 94 |
| OPM % | 3.5% | 14% | 1.1% | 15% | 30% | 32% | 31% | -14% | -18% | -1.4% | 4.5% | 3.2% |
| Other Income | 9 | -115 | 11 | 16 | 36 | 15 | 39 | 52 | 33 | 57 | 64 | 58 |
| Interest | 73 | 72 | 69 | 63 | 57 | 46 | 31 | 345 | 350 | 351 | 356 | 368 |
| Depreciation | 83 | 82 | 80 | 79 | 85 | 84 | 84 | 227 | 204 | 199 | 198 | 221 |
| Profit before tax | -112 | -132 | -130 | 58 | 304 | 383 | 444 | -775 | -893 | -535 | -329 | -437 |
| Tax % | 0% | 1% | 1% | -2% | -0% | 11% | 25% | -15% | -12% | -2% | -23% | 5% |
| Net Profit | -112 | -133 | -131 | 59 | 304 | 340 | 332 | -662 | -787 | -524 | -254 | -460 |
| EPS in Rs | -24.88 | -29.54 | -29.12 | 13.10 | 67.49 | 75.36 | 73.53 | -143.29 | -170.63 | -111.23 | -53.03 | -97.14 |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 796 | 777 | 790 | 574 | 557 | 800 | 992 | 3,490 | 4,750 | 8,992 | 11,644 |
| Expenses | 676 | 632 | 690 | 549 | 496 | 617 | 847 | 3,335 | 3,642 | 9,729 | 11,803 |
| Operating Profit | 120 | 145 | 99 | 24 | 62 | 183 | 145 | 155 | 1,108 | -737 | -159 |
| OPM % | 15% | 19% | 13% | 4.2% | 11% | 23% | 15% | 4.5% | 23% | -8% | -1.4% |
| Other Income | 32 | 35 | 56 | 37 | 37 | 43 | 58 | -82 | 69 | 302 | 212 |
| Interest | 8 | 13 | 5 | 5 | 2 | 3 | 3 | 293 | 235 | 1,387 | 1,425 |
| Depreciation | 18 | 18 | 13 | 13 | 13 | 12 | 12 | 311 | 327 | 716 | 822 |
| Profit before tax | 126 | 150 | 137 | 43 | 84 | 210 | 188 | -530 | 615 | -2,538 | -2,194 |
| Tax % | 32% | 32% | 33% | 26% | 30% | 33% | 34% | -3% | 7% | -9% | |
| Net Profit | 85 | 101 | 92 | 32 | 59 | 141 | 124 | -516 | 572 | -2,304 | -2,025 |
| EPS in Rs | 17.64 | 20.91 | 19.00 | 6.60 | 12.14 | 29.11 | 25.70 | -114.46 | 126.83 | -498.55 | -432.03 |
| Dividend Payout % | 14% | 15% | 17% | 48% | 29% | 22% | 15% | 0% | 4% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 27% | 62% | 37% | % | ||
| Compounded Profit Growth | % | % | % | % | ||
| Stock Price CAGR | 5% | -2% | 1% | % | ||
| Return on Equity | % | % | % | -234% |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 45 | 45 | 45 | 45 |
| Reserves | 624 | 707 | 780 | 811 | 850 | 971 | 1,068 | 1,972 | 2,549 | 913 | 230 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,755 | 1,424 | 14,757 | 14,767 |
| Other Liabilities | 175 | 207 | 178 | 161 | 181 | 228 | 241 | 1,405 | 1,890 | 6,510 | 6,545 |
| Total Liabilities | 815 | 929 | 973 | 987 | 1,046 | 1,214 | 1,324 | 6,177 | 5,909 | 22,225 | 21,587 |
| Fixed Assets | 162 | 150 | 148 | 164 | 155 | 149 | 220 | 4,615 | 4,342 | 16,466 | 16,278 |
| CWIP | 16 | 16 | 20 | 9 | 6 | 6 | 7 | 37 | 24 | 235 | 292 |
| Investments | 128 | 204 | 208 | 285 | 263 | 200 | 244 | 18 | 21 | 1,124 | 879 |
| Other Assets | 510 | 558 | 597 | 529 | 622 | 860 | 853 | 1,507 | 1,522 | 4,402 | 4,138 |
| Total Assets | 815 | 929 | 973 | 987 | 1,046 | 1,214 | 1,324 | 6,177 | 5,909 | 22,225 | 21,587 |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 112 | 101 | -16 | 77 | 22 | 41 | 100 | -336 | 1,690 | -1,616 |
| Cash from Investing Activity | -90 | -89 | 16 | -58 | 51 | -213 | -12 | -3,574 | 91 | -2,944 |
| Cash from Financing Activity | -13 | -12 | -18 | -18 | -18 | -20 | -37 | 3,805 | -1,559 | 137 |
| Net Cash Flow | 9 | -1 | -18 | 0 | 55 | -192 | 51 | -105 | 221 | -4,423 |
| Free Cash Flow | 99 | 92 | -31 | 60 | 18 | 34 | -58 | -374 | 1,649 | -1,829 |
| CFO/OP | 137% | 109% | 53% | 368% | 65% | 50% | 116% | -212% | 153% | 214% |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 9 | 12 | 4 | 19 | 23 | 27 | 29 | 16 | 6 | 8 |
| Inventory Days | 36 | 41 | 68 | 28 | 48 | 62 | 59 | 133 | 133 | 132 |
| Days Payable | 31 | 36 | 29 | 35 | 51 | 49 | 39 | 136 | 200 | 164 |
| Cash Conversion Cycle | 14 | 17 | 43 | 12 | 20 | 39 | 50 | 14 | -62 | -24 |
| Working Capital Days | -16 | -33 | 0 | -38 | -31 | -12 | 6 | -26 | -50 | 16 |
| ROCE % | 24% | 19% | 6% | 10% | 23% | 18% | -3% | 19% |
| Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 74.91% | 74.91% | 74.91% | 74.91% | 74.91% | 74.91% | 74.91% | 74.91% | 74.91% | 74.91% | 74.91% | 74.91% |
| FIIs | 0.32% | 0.42% | 0.51% | 0.55% | 0.53% | 0.63% | 0.51% | 0.26% | 0.26% | 0.71% | 1.16% | 1.20% |
| DIIs | 5.08% | 5.54% | 6.16% | 5.03% | 5.00% | 4.78% | 4.78% | 4.71% | 4.69% | 4.69% | 4.68% | 4.90% |
| Public | 19.69% | 19.12% | 18.42% | 19.50% | 19.56% | 19.68% | 19.79% | 20.12% | 20.13% | 19.70% | 19.24% | 18.99% |
| No. of Shareholders | 44,775 | 48,969 | 50,899 | 53,817 | 62,175 | 73,272 | 77,076 | 76,842 | 70,266 | 65,643 | 63,123 | 58,398 |
Fundamentals
Market Cap₹ 3,743 Cr.
Current Price₹ 830
Book Value₹ 61.1
ROCE%
ROE-234 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)%
Compounded Profit Growth (TTM)%
Consolidated figures.
Valuation
Market capRs 3,743 Cr
Enterprise valueRs 17,420 Cr
Price to book3.91x
Price to sales0.32x
EV / EBITDA329.87x
EV / sales1.50x
Earnings yield-52.05%
P/E, 3-year average5.70x
P/B, 3-year average0.84x
P/E, 5-year average7.44x
P/B, 5-year average0.96x
Profitability
Operating margin (excl. other income)-8.20%
Operating margin (incl. other income)-4.84%
EBITDA margin0.45%
Pre-tax margin-18.84%
Net profit margin-16.73%
Net margin, latest quarter-14.86%
ROE-126.59%
ROCE-11.66%
ROA-15.98%
ROE, 3-year average-45.03%
ROCE, 3-year average-0.15%
ROA, 3-year average-6.76%
ROE, 5-year average-21.57%
ROCE, 5-year average8.21%
ROA, 5-year average0.40%
ROIC (approx.)-4.77%
Tax rate9.23%
Other income / net worth31.56%
Growth
Sales growth (latest year)89.31%
Profit growth (latest year)-493.08%
Sales CAGR, 3 years108.50%
Sales CAGR, 5 years74.40%
Sales growth QoQ-17.39%
Sales growth YoY (latest quarter)57.69%
Per share
EPS (TTM)Rs -432.02
EPS (latest quarter)Rs -97.14
EPS, 3-year averageRs 6.18
EPS, 5-year averageRs 46.16
Book value per shareRs 212.46
Sales per shareRs 2,581.86
Cash flow per shareRs -358.21
Free cash flow per shareRs -405.54
Dividend per share, 3-year averageRs 5.00
Dividend per share, 5-year averageRs 12.50
Dividends
Dividend payout, 3-year average3.94%
Dividend payout, 5-year average13.76%
Efficiency
Asset turnover0.40x
Fixed asset turnover0.55x
Inventory turnover2.77x
Inventory days132 days
Debtor days8 days
Debtors turnover45.93x
Creditor days164 days
Cash conversion cycle-24 days
Working capital days16 days
Leverage
Total debtRs 14,757 Cr
Cash and bankRs 1,080 Cr
Net debtRs 13,677 Cr
Debt to equity15.40x
Net debt / EBITDA258.99x
Interest coverage-0.54x
Owners' fund to total sources4.31%
Debt to assets66.40%
Cash flow
Cash from Operating Activity (latest year)Rs -1,616 Cr
Cash from Investing Activity (latest year)Rs -2,944 Cr
Cash from Financing Activity (latest year)Rs 137 Cr
Net Cash Flow (latest year)Rs -4,423 Cr
Free cash flow (latest year)Rs -1,829 Cr
FCFE (approx.: FCF + change in debt)Rs 11,504 Cr
Statement figures
Net sales (TTM)Rs 11,644 Cr
Net sales (latest year)Rs 8,992 Cr
Sales (latest quarter)Rs 2,948 Cr
Operating profit excl. other income (latest year)Rs -737 Cr
Operating profit (latest quarter)Rs 94 Cr
Other income (TTM)Rs 212 Cr
EBITDA (TTM)Rs 53 Cr
PBDT (TTM)Rs -1,372 Cr
Profit before tax (TTM)Rs -2,194 Cr
Tax (latest year)Rs -234 Cr
Net profit (TTM)Rs -1,948 Cr
Net profit (latest year)Rs -2,248 Cr
Net profit (latest quarter)Rs -438 Cr
Depreciation (TTM)Rs 822 Cr
Depreciation (latest quarter)Rs 221 Cr
Interest (TTM)Rs 1,425 Cr
Cost of goods sold (latest year)Rs 6,464 Cr
Total expenditure (latest year)Rs 9,729 Cr
Total income (latest year)Rs 9,294 Cr
Share capitalRs 45 Cr
ReservesRs 913 Cr
Shareholders' fundsRs 958 Cr
Total assetsRs 22,225 Cr
Net blockRs 16,466 Cr
Capital work in progressRs 235 Cr
InvestmentsRs 1,124 Cr
ReceivablesRs 196 Cr
InventoryRs 2,336 Cr
Other liabilitiesRs 6,510 Cr
Shares outstanding (crore)4.51
Ownership
Promoter holding74.91% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 3.91 is at the 78th percentile (median 1.81).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | TATASTLLP | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +4.5% | -2.8% | +7.3 pts |
| 1 month | +3.1% | -6.8% | +9.9 pts |
| 3 months | +11.4% | -7.6% | +19.0 pts |
| 6 months | +28.0% | +0.4% | +27.6 pts |
| 1 year | +25.6% | -9.9% | +35.5 pts |
| 2 years | -1.9% | -13.6% | +11.7 pts |
| 3 years | +64.4% | +14.2% | +50.3 pts |
| 5 years | +1.9% | +27.9% | -25.9 pts |
Red flags
F-score 2 of 8| explain | Debt up, profit down Borrowings up 936% while net profit fell in 2023 |
| look | Inventory outrunning sales Inventory grew 187% vs sales +89% in 2023 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Sep 2023Sales ₹2,948 Cr +57.7% vs Sep 2022.
Net loss ₹460 Cr.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Welspun Corp Ltd | 74,969 | 32.5 | 22.9 % |
| APL Apollo Tubes Ltd | 60,768 | 49.4 | 31.8 % |
| Shyam Metalics & Energy Ltd | 29,979 | 26.7 | 13.0 % |
| Ratnamani Metals & Tubes Ltd | 19,859 | 45.3 | 17.9 % |
| Jindal Saw Ltd | 17,759 | 27.2 | 10.4 % |
| Usha Martin Ltd | 15,204 | 27.9 | 19.5 % |
| Godawari Power & Ispat Ltd | 14,902 | 18.2 | 20.5 % |
| Gallantt Ispat Ltd. | 13,007 | 29.8 | 18.2 % |
| Maharashtra Seamless Ltd | 9,672 | 13.1 | 14.3 % |
| Jayaswal Neco Industries Ltd | 8,997 | 15.7 | 20.7 % |
| Sunflag Iron & Steel Company Ltd | 8,368 | 39.4 | 4.07 % |
| Man Industries (India) Ltd | 7,198 | 35.2 | 16.2 % |
| Aeroflex Industries Ltd | 7,141 | 106 | 18.9 % |
| Technocraft Industries (India) Ltd | 6,635 | 19.5 | 16.3 % |
| Shivalik Bimetal Controls Ltd | 6,402 | 60.1 | 26.6 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2023-07-20 | Annual General Meeting | |
| 2022-06-29 | Annual General Meeting/Dividend - Rs 12.50 Per Share | |
| 2021-07-22 | Annual General Meeting/Dividend - Rs 5 Per Share | |
| 2020-09-03 | Annual General Meeting | |
| 2019-07-04 | Annual General Meeting/Dividend - Rs 12.5 Per Share | |
| 2019-06-24 | Rights 15:7@ Premium Rs 490 Per Share | |
| 2018-07-10 | Annual General Meeting / Dividend Rs - 20 Per Share | |
| 2017-07-27 | Annual General Meeting/Dividend - Rs 11 Per Share | |
| 2016-07-04 | Dividend-Rs 10/- Per Share | |
| 2015-07-31 | Annual General Meeting/ Dividend - Rs 10/- Per Share | |
| 2014-06-24 | Annual General Meeting / Dividend - Rs 10/- Per Share | |
| 2013-07-02 | Annual General Meeting / Final Dividend Rs.8/- Per Equity Share | |
| 2012-06-29 | Annual General Meeting And Dividend - Rs.8/- Per Share | |
| 2011-06-21 | Annual General Meeting/Dividend Rs 8 Per Share | |
| 2010-06-29 | Agm/Div-Rs.8/- Per Share | |
| 2009-07-16 | Agm/Div-Rs.8/- Per Share | |
| 2008-06-27 | Agm/Dividend - 70% | |
| 2007-06-01 | Agm/Div- 40% | |
| 2006-07-07 | Agm/Dividend-40% |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Tata Steel Long Products Ltd(Merged)?
Tata Steel Long Products Ltd(Merged) (TATASTLLP) has a market capitalisation of Rs 3,743 Cr. at the 2023-11-16 close.
What were Tata Steel Long Products Ltd(Merged)'s latest quarterly results?
In the Sep 2023 quarter, Tata Steel Long Products Ltd(Merged) sales was Rs 2,948 Cr (+57.7% vs Sep 2022) with a net loss of Rs 460 Cr.