Tata Steel Limited (TATASTEEL) - Net Assets

Latest as of September 2025: Rs959.32 Billion INR ≈ $10.37 Billion USD

Based on the latest financial reports, Tata Steel Limited (TATASTEEL) has net assets worth Rs959.32 Billion INR (≈ $10.37 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs2.86 Trillion ≈ $30.88 Billion USD) and total liabilities (Rs1.90 Trillion ≈ $20.51 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. Check Tata Steel Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs959.32 Billion
% of Total Assets 33.59%
Annual Growth Rate 13.37%
5-Year Change 17.86%
10-Year Change 181.71%
Growth Volatility 36.53

Tata Steel Limited - Net Assets Trend (2005–2025)

This chart illustrates how Tata Steel Limited's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Tata Steel Limited to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Tata Steel Limited (2005–2025)

The table below shows the annual net assets of Tata Steel Limited from 2005 to 2025. For live valuation and market cap data, see TATASTEEL stock market capitalisation.

Year Net Assets Change
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 33698530000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings Rs336.99 Billion 36.96%
Common Stock Rs12.47 Billion 1.37%
Other Comprehensive Income Rs249.36 Billion 27.35%
Other Components Rs312.88 Billion 34.32%
Total Equity Rs911.70 Billion 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
Roblox Corp
NYSE:RBLX
 $28.60 Billion
Teledyne Technologies Incorporated
NYSE:TDY
 $28.63 Billion
Power Grid Corporation of India Limited
NSE:POWERGRID
 $28.67 Billion
Dover Corporation
NYSE:DOV
 $28.75 Billion
NARI Technology Co Ltd
SHG:600406
 $28.50 Billion
TDK Corporation
F:TDKA
 $28.47 Billion
TRIP.COM GROUP DL-00125
F:CLVB
 $28.46 Billion
Kongsberg Gruppen ASA
OL:KOG
 $28.46 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 2024 to 2025, total equity changed from 920,357,600,000 to 911,696,300,000, a change of -8,661,300,000 (-0.9%).
  • Net income of 34,205,100,000 contributed positively to equity growth.
  • Dividend payments of 44,898,700,000 reduced retained earnings.
  • Other comprehensive income increased equity by 131,624,400,000.
  • Other factors decreased equity by 129,592,100,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Rs34.21 Billion +3.75%
Dividends Paid Rs44.90 Billion -4.92%
Other Comprehensive Income Rs131.62 Billion +14.44%
Other Changes Rs-129.59 Billion -14.21%
Total Change Rs- -0.94%

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: 2.90x
  • 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 33.45x to 2.90x 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 Rs211.89 x
2006-03-31 Rs8.88 Rs211.89 x
2007-03-31 Rs12.64 Rs211.89 x
2008-03-31 Rs29.52 Rs211.89 x
2009-03-31 Rs23.94 Rs211.89 x
2010-03-31 Rs19.71 Rs211.89 x
2011-03-31 Rs32.01 Rs211.89 x
2012-03-31 Rs39.14 Rs211.89 x
2013-03-31 Rs31.49 Rs211.89 x
2014-03-31 Rs36.98 Rs211.89 x
2015-03-31 Rs29.05 Rs211.89 x
2016-03-31 Rs26.57 Rs211.89 x
2017-03-31 Rs32.65 Rs211.89 x
2018-03-31 Rs52.55 Rs211.89 x
2019-03-31 Rs59.51 Rs211.89 x
2020-03-31 Rs63.52 Rs211.89 x
2021-03-31 Rs61.40 Rs211.89 x
2022-03-31 Rs94.65 Rs211.89 x
2023-03-31 Rs84.40 Rs211.89 x
2024-03-31 Rs75.00 Rs211.89 x
2025-03-31 Rs73.03 Rs211.89 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): 3.75%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.57%
  • • Asset Turnover: 0.78x
  • • Equity Multiplier: 3.06x
  • Recent ROE (3.75%) is below the historical average (11.05%), 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

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: $6,418,220,059
  • Average return on equity (ROE) among peers: 2.54%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Tata Steel Limited (TATASTEEL) Rs959.32 Billion 48.67% 1.98x $28.58 Billion
Ankit Metal & Power Limited (ANKITMETAL) $5.03 Billion -15.22% 2.51x $2.35 Million
APL Apollo Tubes Limited (APLAPOLLO) $4.72 Billion 13.50% 1.73x $5.42 Billion
Bansal Wire Industries Ltd (BANSALWIRE) $4.61 Billion 15.96% 1.74x $524.86 Million
Bedmutha Industries Limited (BEDMUTHA) $987.90 Million -40.30% 5.23x $39.87 Million
Bharat Wire Ropes Limited (BHARATWIRE) $691.47 Million 2.17% 1.05x $159.99 Million
Electrotherm (India) Limited (ELECTHERM) $7.10 Billion 7.62% 3.03x $137.65 Million
Grand Foundry Limited (GFSTEELS) $-46.72 Million 0.00% 0.00x $4.27 Million
Goodluck India Limited (GOODLUCK) $1.46 Billion 12.13% 2.60x $482.97 Million
Godawari Power And Ispat limited (GPIL) $39.47 Billion 20.10% 0.31x $2.01 Billion
Hariom Pipe Industries Limited (HARIOMPIPE) $167.95 Million 9.40% 1.82x $137.17 Million

About Tata Steel Limited

NSE:TATASTEEL India Steel
Market Cap
$28.58 Billion
Rs2.64 Trillion INR
Market Cap Rank
#920 Global
#26 in India
Share Price
Rs211.89
Change (1 day)
+0.61%
52-Week Range
Rs151.00 - Rs221.13
All Time High
Rs221.13
Categories
Companies in India Steel
About

Tata Steel Limited engages in the manufacture and distribution of steel products in India and internationally. It offers reinforcement bars (rebars) and wire rods, cut-and-bend reinforcement bars, welded wire mesh, prefabricated cages (pre-cages), steel couplers and carpet reinforcement, hot-rolled, cold rolled, coated coil, tubes, rebar, metallic coated, pre-finished steels, alloy steels, and pr… Read more