Tata Steel Limited (TATASTEEL) - Net Assets

Latest as of March 2026: Rs1.04 Trillion INR ≈ $11.22 Billion USD

Based on the latest financial reports, Tata Steel Limited (TATASTEEL) has net assets worth Rs1.04 Trillion INR (≈ $11.22 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs3.01 Trillion ≈ $32.58 Billion USD) and total liabilities (Rs1.97 Trillion ≈ $21.36 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore total assets of Tata Steel Limited for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs1.04 Trillion
% of Total Assets	34.45%
Annual Growth Rate	13.38%
5-Year Change	-11.37%
10-Year Change	163.26%
Growth Volatility	35.67

Tata Steel Limited - Net Assets Trend (2005–2026)

This chart illustrates how Tata Steel Limited's net assets have evolved over time, based on quarterly financial data. Check Tata Steel Limited (TATASTEEL) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Tata Steel Limited (2005–2026)

The table below shows the annual net assets of Tata Steel Limited from 2005 to 2026. For live valuation and market cap data, see Tata Steel Limited (TATASTEEL) total market value.

Year	Net Assets	Change
2026-03-31	Rs1.04 Trillion ≈ $11.22 Billion	+13.60%
2025-03-31	Rs913.53 Billion ≈ $9.88 Billion	-1.17%
2024-03-31	Rs924.33 Billion ≈ $10.00 Billion	-12.12%
2023-03-31	Rs1.05 Trillion ≈ $11.37 Billion	-10.18%
2022-03-31	Rs1.17 Trillion ≈ $12.66 Billion	+51.08%
2021-03-31	Rs775.08 Billion ≈ $8.38 Billion	+1.77%
2020-03-31	Rs761.63 Billion ≈ $8.24 Billion	+6.84%
2019-03-31	Rs712.90 Billion ≈ $7.71 Billion	+15.34%
2018-03-31	Rs618.07 Billion ≈ $6.68 Billion	+56.79%
2017-03-31	Rs394.21 Billion ≈ $4.26 Billion	+21.56%
2016-03-31	Rs324.28 Billion ≈ $3.51 Billion	-8.26%
2015-03-31	Rs353.48 Billion ≈ $3.82 Billion	-20.68%
2014-03-31	Rs445.64 Billion ≈ $4.82 Billion	+16.85%
2013-03-31	Rs381.38 Billion ≈ $4.12 Billion	-17.85%
2012-03-31	Rs464.27 Billion ≈ $5.02 Billion	+22.27%
2011-03-31	Rs379.70 Billion ≈ $4.11 Billion	+60.11%
2010-03-31	Rs237.15 Billion ≈ $2.56 Billion	-17.16%
2009-03-31	Rs286.27 Billion ≈ $3.10 Billion	-18.27%
2008-03-31	Rs350.24 Billion ≈ $3.79 Billion	+129.85%
2007-03-31	Rs152.38 Billion ≈ $1.65 Billion	+46.44%
2006-03-31	Rs104.05 Billion ≈ $1.13 Billion	+40.03%
2005-03-31	Rs74.31 Billion ≈ $803.60 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Tata Steel Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 39674800000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Retained Earnings	Rs396.75 Billion	38.83%
Common Stock	Rs12.47 Billion	1.22%
Other Components	Rs612.45 Billion	59.95%
Total Equity	Rs1.02 Trillion	100.00%

Tata Steel Limited Competitors by Market Cap

The table below lists competitors of Tata Steel Limited ranked by their market capitalization.

Company	Market Cap
Eversource Energy NYSE:ES	$25.29 Billion
Synchrony Financial NYSE:SYF	$25.31 Billion
Fair Isaac Corporation NYSE:FICO	$25.32 Billion
STMicroelectronics N.V XETRA:SGM	$25.33 Billion
Qnb Finansbank AS IS:QNBTR	$25.15 Billion
STMicroelectronics N.V. PA:STMPA	$25.15 Billion
Williams-Sonoma Inc NYSE:WSM	$25.10 Billion
Public Bank Bhd KLSE:1295	$25.10 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Tata Steel Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 911,696,300,000 to 1,021,676,500,000, a change of 109,980,200,000 (12.1%).
Net income of 107,938,700,000 contributed positively to equity growth.
Dividend payments of 44,898,700,000 reduced retained earnings.
Other comprehensive income decreased equity by 249,355,800,000.
Other factors increased equity by 296,296,000,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs107.94 Billion	+10.56%
Dividends Paid	Rs44.90 Billion	-4.39%
Other Comprehensive Income	Rs-249.36 Billion	-24.41%
Other Changes	Rs296.30 Billion	+29.0%
Total Change	Rs-	12.06%

Book Value vs Market Value Analysis

This analysis compares Tata Steel Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 2.28x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 29.45x to 2.28x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-03-31	Rs6.33	Rs186.53	x
2006-03-31	Rs8.88	Rs186.53	x
2007-03-31	Rs12.64	Rs186.53	x
2008-03-31	Rs29.52	Rs186.53	x
2009-03-31	Rs23.94	Rs186.53	x
2010-03-31	Rs19.71	Rs186.53	x
2011-03-31	Rs32.01	Rs186.53	x
2012-03-31	Rs39.14	Rs186.53	x
2013-03-31	Rs31.49	Rs186.53	x
2014-03-31	Rs36.98	Rs186.53	x
2015-03-31	Rs29.05	Rs186.53	x
2016-03-31	Rs26.57	Rs186.53	x
2017-03-31	Rs32.65	Rs186.53	x
2018-03-31	Rs52.55	Rs186.53	x
2019-03-31	Rs59.51	Rs186.53	x
2020-03-31	Rs63.52	Rs186.53	x
2021-03-31	Rs61.40	Rs186.53	x
2022-03-31	Rs94.65	Rs186.53	x
2023-03-31	Rs84.40	Rs186.53	x
2024-03-31	Rs75.00	Rs186.53	x
2025-03-31	Rs73.03	Rs186.53	x
2026-03-31	Rs81.92	Rs186.53	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tata Steel Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 10.56%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.65%
• Asset Turnover: 0.77x
• Equity Multiplier: 2.95x
Recent ROE (10.56%) is below the historical average (11.03%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	48.67%	22.32%	0.90x	2.41x	Rs28.37 Billion
2006	36.19%	18.38%	0.99x	2.00x	Rs26.93 Billion
2007	28.45%	16.52%	0.51x	3.39x	Rs27.02 Billion
2008	36.04%	9.37%	1.05x	3.66x	Rs89.03 Billion
2009	17.49%	3.29%	1.21x	4.39x	Rs20.76 Billion
2010	-9.29%	-2.07%	0.93x	4.81x	Rs-44.04 Billion
2011	24.21%	7.40%	0.90x	3.65x	Rs52.70 Billion
2012	11.89%	4.06%	0.90x	3.25x	Rs8.56 Billion
2013	-19.85%	-5.37%	0.92x	4.03x	Rs-108.86 Billion
2014	-9.17%	-2.81%	0.81x	4.01x	Rs-82.08 Billion
2015	-11.67%	-2.81%	0.88x	4.72x	Rs-72.90 Billion
2016	-1.24%	-0.36%	0.65x	5.30x	Rs-34.60 Billion
2017	-11.21%	-3.61%	0.68x	4.58x	Rs-80.23 Billion
2018	22.07%	10.82%	0.59x	3.45x	Rs73.47 Billion
2019	14.83%	6.48%	0.68x	3.39x	Rs33.26 Billion
2020	2.12%	1.04%	0.59x	3.40x	Rs-58.01 Billion
2021	10.09%	4.79%	0.64x	3.31x	Rs663.43 Million
2022	35.09%	16.46%	0.85x	2.49x	Rs287.10 Billion
2023	8.50%	3.60%	0.84x	2.79x	Rs-15.48 Billion
2024	-4.82%	-1.94%	0.84x	2.97x	Rs-136.41 Billion
2025	3.75%	1.57%	0.78x	3.06x	Rs-56.96 Billion
2026	10.56%	4.65%	0.77x	2.95x	Rs5.77 Billion

Industry Comparison

This section compares Tata Steel Limited's net assets metrics with peer companies in the Steel industry.

Industry Context

Industry: Steel
Average net assets among peers: $3,941,874,037
Average return on equity (ROE) among peers: -12.40%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Tata Steel Limited (TATASTEEL)	Rs1.04 Trillion	48.67%	1.90x	$25.16 Billion
Ankit Metal & Power Limited (ANKITMETAL)	$3.09 Billion	-62.57%	5.34x	$2.23 Million
APL Apollo Tubes Limited (APLAPOLLO)	$155.16 Million	43.49%	4.18x	$5.47 Billion
Bansal Wire Industries Ltd (BANSALWIRE)	$4.61 Billion	15.96%	1.74x	$533.32 Million
Bedmutha Industries Limited (BEDMUTHA)	$-912.49 Million	0.00%	0.00x	$38.00 Million
Bharat Wire Ropes Limited (BHARATWIRE)	$390.55 Million	-156.08%	18.26x	$144.94 Million
Electrotherm (India) Limited (ELECTHERM)	$-10.56 Billion	0.00%	0.00x	$141.94 Million
Grand Foundry Limited (GFSTEELS)	$-56.35 Million	0.00%	0.00x	$4.70 Million
Goodluck India Limited (GOODLUCK)	$3.10 Billion	10.16%	2.16x	$559.68 Million
Godawari Power And Ispat limited (GPIL)	$39.47 Billion	20.10%	0.31x	$1.70 Billion
Hariom Pipe Industries Limited (HARIOMPIPE)	$133.09 Million	4.92%	1.35x	$129.22 Million

About Tata Steel Limited

NSE:TATASTEEL India Steel

Market Cap

$25.16 Billion

Rs2.33 Trillion INR

Market Cap Rank

#1061 Global

#30 in India

Share Price

Rs186.53

Change (1 day)

-0.38%

52-Week Range

Rs153.01 - Rs221.13

All Time High

Rs221.13