Tata Steel Limited
Tata Steel Limited manufactures and distributes steel products in India and internationally. It operates in Tata Steel India, Tata Steel Long Products, Other Indian Operations, Tata Steel Europe, Other Trade Related Operations, South-East Asian operations, and Rest of the World segments. The company offers hot-rolled (HR) and cold-rolled (CR) coated steel coils and sheets, precision tubes, tire b… Read more
Tata Steel Limited (TATLY) - Net Assets
Latest net assets as of September 2025: $959.32 Billion USD
Based on the latest financial reports, Tata Steel Limited (TATLY) has net assets worth $959.32 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 ($2.86 Trillion) and total liabilities ($1.90 Trillion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $959.32 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. Explore and compare other companies by net assets.
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.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $913.53 Billion | -1.17% |
| 2024-03-31 | $924.33 Billion | -12.12% |
| 2023-03-31 | $1.05 Trillion | -10.18% |
| 2022-03-31 | $1.17 Trillion | +51.08% |
| 2021-03-31 | $775.08 Billion | +1.77% |
| 2020-03-31 | $761.63 Billion | +6.84% |
| 2019-03-31 | $712.90 Billion | +15.34% |
| 2018-03-31 | $618.07 Billion | +56.79% |
| 2017-03-31 | $394.21 Billion | +21.56% |
| 2016-03-31 | $324.28 Billion | -8.26% |
| 2015-03-31 | $353.48 Billion | -20.68% |
| 2014-03-31 | $445.64 Billion | +16.85% |
| 2013-03-31 | $381.38 Billion | -17.85% |
| 2012-03-31 | $464.27 Billion | +22.27% |
| 2011-03-31 | $379.70 Billion | +60.11% |
| 2010-03-31 | $237.15 Billion | -17.16% |
| 2009-03-31 | $286.27 Billion | -18.27% |
| 2008-03-31 | $350.24 Billion | +129.85% |
| 2007-03-31 | $152.38 Billion | +46.44% |
| 2006-03-31 | $104.05 Billion | +40.03% |
| 2005-03-31 | $74.31 Billion | -- |
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 | $336.99 Billion | 36.96% |
| Common Stock | $12.47 Billion | 1.37% |
| Other Components | $562.24 Billion | 61.67% |
| Total Equity | $911.70 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 |
|---|---|
|
Euronext N.V
PINK:EUXTF
|
$13.46 Billion |
|
Nordson Corporation
NASDAQ:NDSN
|
$13.48 Billion |
|
Prysmian S.p.A
PINK:PRYMF
|
$13.49 Billion |
|
AXIA Energia
NYSE:AXIA
|
$13.50 Billion |
|
ENEOS Holdings Inc
PINK:JXHGF
|
$13.45 Billion |
|
News Corp B
NASDAQ:NWS
|
$13.44 Billion |
|
Haitong Securities Co Ltd
SHG:600837
|
$13.43 Billion |
|
The Clorox Company
NYSE:CLX
|
$13.42 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 decreased equity by 246,845,100,000.
- Other factors increased equity by 248,877,400,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $34.21 Billion | +3.75% |
| Dividends Paid | $44.90 Billion | -4.92% |
| Other Comprehensive Income | $-246.85 Billion | -27.08% |
| Other Changes | $248.88 Billion | +27.3% |
| Total Change | $- | -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: 0.01x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.15x to 0.01x 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 | $63.35 | $9.25 | x |
| 2006-03-31 | $88.77 | $9.25 | x |
| 2007-03-31 | $126.39 | $9.25 | x |
| 2008-03-31 | $295.20 | $9.25 | x |
| 2009-03-31 | $239.42 | $9.25 | x |
| 2010-03-31 | $197.12 | $9.25 | x |
| 2011-03-31 | $320.15 | $9.25 | x |
| 2012-03-31 | $391.41 | $9.25 | x |
| 2013-03-31 | $314.85 | $9.25 | x |
| 2014-03-31 | $369.75 | $9.25 | x |
| 2015-03-31 | $290.47 | $9.25 | x |
| 2016-03-31 | $265.69 | $9.25 | x |
| 2017-03-31 | $326.52 | $9.25 | x |
| 2018-03-31 | $525.53 | $9.25 | x |
| 2019-03-31 | $595.07 | $9.25 | x |
| 2020-03-31 | $635.23 | $9.25 | x |
| 2021-03-31 | $614.01 | $9.25 | x |
| 2022-03-31 | $946.53 | $9.25 | x |
| 2023-03-31 | $843.98 | $9.25 | x |
| 2024-03-31 | $750.00 | $9.25 | x |
| 2025-03-31 | $730.80 | $9.25 | 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: 1.58%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 3.06x
- Recent ROE (3.75%) is below the historical average (11.51%), 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 | $28.37 Billion |
| 2006 | 36.19% | 18.38% | 0.99x | 2.00x | $26.93 Billion |
| 2007 | 28.45% | 16.52% | 0.51x | 3.39x | $27.02 Billion |
| 2008 | 36.04% | 9.37% | 1.05x | 3.66x | $89.03 Billion |
| 2009 | 17.49% | 3.29% | 1.21x | 4.39x | $20.76 Billion |
| 2010 | -9.29% | -2.07% | 0.93x | 4.81x | $-44.04 Billion |
| 2011 | 24.21% | 7.40% | 0.90x | 3.65x | $52.70 Billion |
| 2012 | 11.89% | 4.06% | 0.90x | 3.25x | $8.56 Billion |
| 2013 | -19.35% | -5.24% | 0.92x | 4.03x | $-107.04 Billion |
| 2014 | 8.39% | 2.42% | 0.87x | 4.01x | $-6.88 Billion |
| 2015 | -11.67% | -2.82% | 0.88x | 4.72x | $-72.90 Billion |
| 2016 | -9.91% | -2.60% | 0.72x | 5.30x | $-61.27 Billion |
| 2017 | -11.02% | -3.71% | 0.65x | 4.58x | $-79.51 Billion |
| 2018 | 22.07% | 10.17% | 0.63x | 3.45x | $73.47 Billion |
| 2019 | 14.83% | 6.48% | 0.68x | 3.39x | $33.26 Billion |
| 2020 | 2.12% | 1.11% | 0.56x | 3.40x | $-58.01 Billion |
| 2021 | 10.09% | 4.79% | 0.64x | 3.31x | $663.43 Million |
| 2022 | 35.09% | 16.46% | 0.85x | 2.49x | $287.10 Billion |
| 2023 | 8.50% | 3.63% | 0.84x | 2.79x | $-15.48 Billion |
| 2024 | -4.82% | -1.94% | 0.84x | 2.97x | $-136.41 Billion |
| 2025 | 3.75% | 1.58% | 0.78x | 3.06x | $-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: $10,879,360,340
- Average return on equity (ROE) among peers: 3.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tata Steel Limited (TATLY) | $959.32 Billion | 48.67% | 1.98x | $13.46 Billion |
| Acerinox S.A. (ACRXF) | $1.93 Billion | -3.09% | 1.28x | $1.71 Billion |
| ArcelorMittal SA (AMSYF) | $11.98 Billion | 27.55% | 1.59x | $12.85 Billion |
| Angang Steel Company Limited (ANGGF) | $50.39 Billion | 11.12% | 0.77x | $641.51 Million |
| Aperam PK (APEMY) | $3.79 Billion | 7.21% | 0.73x | $1.17 Billion |
| Aperam SA (APMSF) | $2.52 Billion | 11.35% | 0.72x | $1.31 Billion |
| ArcelorMittal South Africa Ltd (ARCXF) | $28.00 Billion | 33.51% | 0.34x | $14.02 Million |
| Algoma Steel Group Inc (ASTL) | $173.80 Million | -92.29% | 7.94x | $280.31 Million |
| Algoma Steel Group Inc. Warrant (ASTLW) | $-530.90 Million | 0.00% | 0.00x | $6.74 Million |
| BCI Minerals Limited (BIRNF) | $103.61 Million | 12.45% | 0.26x | $227.67 Million |
| BlueScope Steel Limited (BLSFF) | $10.45 Billion | 26.90% | 0.59x | $5.72 Billion |