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Tata Steel Share Price Target: 2024, 2025, 2026, 2027, 2028, and 2030

Tata Steel Share Price Target: 2024, 2025, 2026, 2027, 2028, and 2030

In this post, we will discuss the estimated Tata Steel share price target. If you are planning to invest your money in metals and ferrous sector stocks, then Tata Steel can be one of the best options, but before investing, you must understand the forecast value of these stocks in the coming years.

This is what this post is about. Here you can view the year-wise predicted stock price of Tata Steel. Before we look at the expected stock price, you must first understand the financials and fundamentals of Tata Steel Limited.

About Tata Steel Limited

Tata Steel Ltd., founded in 1907, is a large cap company with a market cap of ₹ 131,498 crore that operates in the Metals – Ferrous sector. Tata Steel is the 10th largest steel producer in the world with an annual crude steel production capacity of 34 million tonnes per annum (MnTPA), and it is one of the world’s most geographically diversified steel producers. He is one of the few steel operations that are fully integrated—from mining to the manufacturing and marketing of finished products. If you want to know more, visit www.tatasteel.com.

Financials 

ParticularsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Total Revenue2,44,744.061,57,373.001,50,793.701,59,089.361,33,065.20
Total Revenue Growth (%)55.524.36(5.21)19.5617.94
Total Expenses1,95,032.291,42,813.491,47,432.531,43,287.371,21,728.67
Total Expenses Growth (%)36.56(3.13)2.8917.7114.80
Profit after Tax (PAT)40,153.937,490.221,556.5410,218.3313,434.33
PAT Growth (%)436.08381.21(84.77)(23.94)
Operating Profit Margin (%)22.6114.167.3414.8812.74
Net Profit Margin (%)16.454.781.046.4810.16
Basic EPS (₹)332.3563.7811.8687.75128.12
(All figures are in ₹ crore, unless stated otherwise)
ParticularsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Total Assets285,445.60245,487.21250,419.45233,582.39209,757.94
Total Assets Growth (%)16.28(1.97)7.2111.3621.01
Total Liabilities168,347.14167,978.76174,256.55162,292.85147,950.80
Total Liabilities Growth (%)0.22(3.60)7.379.6910.48
Total Equity1,17,098.4676,733.4573,887.9069,014.5459,532.14
Total Equity Growth (%)52.603.857.0615.9360.27
Net Worth117,098.4677,508.4576,162.9071,289.5461,807.14
Current Ratio (x)1.020.850.950.971.22
Total Debt to Equity (x)0.61.11.591.371.51
Contingent Liabilities33,004.7225,723.7526,907.8826,941.2622,182.68
(All figures are in ₹ crore, unless stated otherwise)
ParticularsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Return on Equity (%)35.0810.192.1815.3322.92
Return on Capital Employed (%)28.3112.695.7913.5910.92
Return on Assets (%)14.063.050.624.376.40
Interest Coverage Ratio (x)11.774.131.443.063.06
Asset Turnover Ratio (x)0.550.3959.4867.5063.00
Price to Earnings (x)3.9812.9919.885.844.87
Price to Book (x)1.391.320.430.891.12
EV/EBITDA (x)3.355.597.064.866.45
EBITDA Margin (%)26.3420.0613.1919.5317.25
ParticularsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Total Revenue1,30,473.3784,888.0360,840.0973,015.7960,380.48
Total Revenue Growth (%)53.7039.53(16.68)20.9324.73
Total Expenses86,147.2767,019.4952,525.5356,674.3150,375.94
Total Expenses Growth (%)28.5427.59(7.32)12.5018.96
Profit after Tax (PAT)33,011.1817,077.976,743.8010,533.194,169.55
PAT Growth (%)93.30153.24(35.98)152.6221.05
Operating Profit Margin (%)36.5126.6318.7727.1421.49
Net Profit Margin (%)25.5820.2911.1514.916.99
Basic EPS (₹)270.33145.0057.1190.4138.57
(All figures are in ₹ crore, unless stated otherwise)
ParticularsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Total Assets221,986.22180,490.93150,392.56137,498.36125,114.34
Total Assets Growth (%)22.9920.019.389.9012.24
Total Liabilities96,552.4685,305.8173,554.4464,768.6561,324.50
Total Liabilities Growth (%)13.1815.9813.565.623.01
Total Equity1,25,433.7694,410.1274,563.1270,454.7161,514.84
Total Equity Growth (%)32.8626.625.8314.5323.87
Net Worth125,433.7695,185.1276,838.1272,729.7163,789.84
Current Ratio (x)0.580.970.650.671.35
Total Debt to Equity (x)0.260.340.530.380.41
Contingent Liabilities37,797.3833,426.0732,650.3234,622.4328,359.61
(All figures are in ₹ crore, unless stated otherwise)
ParticularsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Return on Equity (%)26.3118.089.0414.956.77
Return on Capital Employed (%)27.9914.899.4917.1212.87
Return on Assets (%)14.879.464.487.663.33
Interest Coverage Ratio (x)18.836.143.746.794.56
Asset Turnover Ratio (x)0.640.5140.1851.3547.64
Price to Earnings (x)4.845.704.595.6715.70
Price to Book (x)1.271.030.410.851.06
EV/EBITDA (x)3.604.574.523.735.20
EBITDA Margin (%)40.7533.1325.2532.5227.74

Important Note: These price targets of “Tata Steel Limited” are only for reference purpose only, short-term and long-term Tata Steel stock price predictions may be different due to the different analyzed time series. This prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis. 

Tata Steel Share Price Target for 2023

If we talk about the financial performance, FY 2021–22 was a pivotal year for the company. During the financial year, the company achieved the highest ever consolidated EBITDA of ₹ 63,830 crore, a growth of 107%, translating into an EBITDA per tonne of ₹ 21,626 and a healthy EBITDA margin of 26%. The company generated free cash flow of ₹ 27,185 crore and reduced its net debt by 32% to ₹ 51,049 crore in FY 2021–22.

YearFirst TargetSecond Target
2023₹ 125₹ 135

Tata Steel Share Price Target for 2024

Technology and megatrends are creating market opportunities for new materials and applications in existing and emerging sectors. Tata Steel, with its portfolio of adjacent businesses, is best suited to leverage this trend and, in the process, create new revenue streams that complement the steel business. The company continues to develop innovative solutions and breakthrough technologies across the steel value chain by leveraging its own R&D strengths and collaborating with research and industrial organizations.

YearFirst TargetSecond Target
2024₹ 150₹ 160

Tata Steel Share Price Target for 2025

The continued steel cycle upswing saw the company scaling its business by way of both organic capital expansion and inorganic acquisitions.The most significant of these is the acquisition of Neelachal Ispat Nigam Limited through its subsidiary Tata Steel Long Products Limited, for a total consideration of ₹ 12,100 crore. This acquisition is expected to provide a significant opportunity for Tata Steel to develop a state-of-the-art long product complex in the next few years that will leverage synergies with the shared infrastructure of Tata Steel in that area. Some of the other acquisitions were in the areas of mining, ferroalloys, and advanced ceramics. Company also successfully absorbed Bamnipal Steel Limited and Tata Steel BSL Limited into and into Tata Steel.

YearFirst TargetSecond Target
2025₹ 185₹ 200

Tata Steel Share Price Target for 2026

The company has also made progress in the new materials business. Tata Steel has the objective of building its business on knowledge and intellectual property and non-cyclical new materials. The company is exploring composites, graphene, and advanced ceramics as areas of growth. During the year, the company, through its subsidiary, started working towards building a world-class facility to produce medical materials with a focus on healthcare.

YearFirst TargetSecond Target
2026₹ 240₹ 255

Tata Steel Share Price Target for 2027

For the last few years, due to the way steel demand has been increasing in the market continuously, Tata Steel, being an important company in this industry, has been taking advantage of the market demand very well. are being seen. The company piloted digitizing its own factories by creating “Digital Twins,” a simulated digital replica of factories through real-time data analytics, thereby opening up possibilities for data-driven “smart factories” in the future.

YearFirst TargetSecond Target
2027₹ 280₹ 300

Tata Steel Share Price Target for 2028

Tata Steel’s best-ever financial performance and dominant market position provide solid foundations for capitalizing on improved infrastructure activity, simplifying and transforming its business structure, accelerating digital and green innovations, and embarking on the next level of sustained growth. 

YearFirst TargetSecond Target
2028₹ 340₹ 360

Tata Steel Ltd Share Price Target for 2030

To sustain growth and beat the competition in the market, it is necessary to invest in technologies. Tata Steel continues to make significant investments in new technologies for digital transformation, with the aim of delivering a more agile organization that better responds to changing market dynamics and makes the company’s businesses more resilient.

YearFirst TargetSecond Target
2030₹ 450₹ 520

Tata Steel Limited share price targets for 2023, 2024, 2025, 2026, 2028, and 2030 are shown in the table below. 

YearFirst TargetSecond Target
2023₹ 125₹ 135
2024₹ 150₹ 160
2025₹ 185₹ 200
2026₹ 240₹ 255
2027₹ 280₹ 300
2028₹ 340₹ 360
2030₹ 450₹ 520

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Recommendations: Invest in Tata Steel Limited stock or sell it?

If we analyze the current statistics of the company, then the company is expected to grow well in the future and is capable of giving good returns to its investors. The steel industry is expected to have positive growth in the future, and Tata Steel is a major player in this sector, which is expected to give good growth to the stock of the company.

FAQ’s

The current PE ratio of Tata Steel Ltd. is 8.16.

Tata Steel Ltd. share price saw a 52-week high of 138.67 and a 52-week low of 82.70.

The first target of Tata Steel Ltd.'s share price can be at or below ₹ 150 and the second one is at or below ₹ 160 in 2024.

The first target for Tata Steel Ltd.'s share price in the next five years is ₹ 340, and the second target is ₹ 360.

In the next 7 years, the first target for Tata Steel Ltd.'s share price can be ₹ 450, and the second is ₹ 520.

According to the stock analyst, the company stock will have a positive trend in the future, and Tata Steel Ltd. shares can be a good investment to make money.

Tata Steel Ltd.'s share price can be quickly analyzed on the basis of the following parameters:

  • Stock's PE: 8.16
  • Dividend Yield: 4.54%
  • Price to Book Ratio: 1.17
  • EPS: ₹ 13.75

Note: For detailed ratios, refer to the financials section.

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