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
Consolidated
Standalone
Profit & Loss A/c
Balance Sheet
Ratios
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Total Revenue | 2,44,744.06 | 1,57,373.00 | 1,50,793.70 | 1,59,089.36 | 1,33,065.20 |
| Total Revenue Growth (%) | 55.52 | 4.36 | (5.21) | 19.56 | 17.94 |
| Total Expenses | 1,95,032.29 | 1,42,813.49 | 1,47,432.53 | 1,43,287.37 | 1,21,728.67 |
| Total Expenses Growth (%) | 36.56 | (3.13) | 2.89 | 17.71 | 14.80 |
| Profit after Tax (PAT) | 40,153.93 | 7,490.22 | 1,556.54 | 10,218.33 | 13,434.33 |
| PAT Growth (%) | 436.08 | 381.21 | (84.77) | (23.94) | – |
| Operating Profit Margin (%) | 22.61 | 14.16 | 7.34 | 14.88 | 12.74 |
| Net Profit Margin (%) | 16.45 | 4.78 | 1.04 | 6.48 | 10.16 |
| Basic EPS (₹) | 332.35 | 63.78 | 11.86 | 87.75 | 128.12 |
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Total Assets | 285,445.60 | 245,487.21 | 250,419.45 | 233,582.39 | 209,757.94 |
| Total Assets Growth (%) | 16.28 | (1.97) | 7.21 | 11.36 | 21.01 |
| Total Liabilities | 168,347.14 | 167,978.76 | 174,256.55 | 162,292.85 | 147,950.80 |
| Total Liabilities Growth (%) | 0.22 | (3.60) | 7.37 | 9.69 | 10.48 |
| Total Equity | 1,17,098.46 | 76,733.45 | 73,887.90 | 69,014.54 | 59,532.14 |
| Total Equity Growth (%) | 52.60 | 3.85 | 7.06 | 15.93 | 60.27 |
| Net Worth | 117,098.46 | 77,508.45 | 76,162.90 | 71,289.54 | 61,807.14 |
| Current Ratio (x) | 1.02 | 0.85 | 0.95 | 0.97 | 1.22 |
| Total Debt to Equity (x) | 0.6 | 1.1 | 1.59 | 1.37 | 1.51 |
| Contingent Liabilities | 33,004.72 | 25,723.75 | 26,907.88 | 26,941.26 | 22,182.68 |
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Return on Equity (%) | 35.08 | 10.19 | 2.18 | 15.33 | 22.92 |
| Return on Capital Employed (%) | 28.31 | 12.69 | 5.79 | 13.59 | 10.92 |
| Return on Assets (%) | 14.06 | 3.05 | 0.62 | 4.37 | 6.40 |
| Interest Coverage Ratio (x) | 11.77 | 4.13 | 1.44 | 3.06 | 3.06 |
| Asset Turnover Ratio (x) | 0.55 | 0.39 | 59.48 | 67.50 | 63.00 |
| Price to Earnings (x) | 3.98 | 12.99 | 19.88 | 5.84 | 4.87 |
| Price to Book (x) | 1.39 | 1.32 | 0.43 | 0.89 | 1.12 |
| EV/EBITDA (x) | 3.35 | 5.59 | 7.06 | 4.86 | 6.45 |
| EBITDA Margin (%) | 26.34 | 20.06 | 13.19 | 19.53 | 17.25 |
Profit & Loss A/c
Balance Sheet
Ratios
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Total Revenue | 1,30,473.37 | 84,888.03 | 60,840.09 | 73,015.79 | 60,380.48 |
| Total Revenue Growth (%) | 53.70 | 39.53 | (16.68) | 20.93 | 24.73 |
| Total Expenses | 86,147.27 | 67,019.49 | 52,525.53 | 56,674.31 | 50,375.94 |
| Total Expenses Growth (%) | 28.54 | 27.59 | (7.32) | 12.50 | 18.96 |
| Profit after Tax (PAT) | 33,011.18 | 17,077.97 | 6,743.80 | 10,533.19 | 4,169.55 |
| PAT Growth (%) | 93.30 | 153.24 | (35.98) | 152.62 | 21.05 |
| Operating Profit Margin (%) | 36.51 | 26.63 | 18.77 | 27.14 | 21.49 |
| Net Profit Margin (%) | 25.58 | 20.29 | 11.15 | 14.91 | 6.99 |
| Basic EPS (₹) | 270.33 | 145.00 | 57.11 | 90.41 | 38.57 |
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Total Assets | 221,986.22 | 180,490.93 | 150,392.56 | 137,498.36 | 125,114.34 |
| Total Assets Growth (%) | 22.99 | 20.01 | 9.38 | 9.90 | 12.24 |
| Total Liabilities | 96,552.46 | 85,305.81 | 73,554.44 | 64,768.65 | 61,324.50 |
| Total Liabilities Growth (%) | 13.18 | 15.98 | 13.56 | 5.62 | 3.01 |
| Total Equity | 1,25,433.76 | 94,410.12 | 74,563.12 | 70,454.71 | 61,514.84 |
| Total Equity Growth (%) | 32.86 | 26.62 | 5.83 | 14.53 | 23.87 |
| Net Worth | 125,433.76 | 95,185.12 | 76,838.12 | 72,729.71 | 63,789.84 |
| Current Ratio (x) | 0.58 | 0.97 | 0.65 | 0.67 | 1.35 |
| Total Debt to Equity (x) | 0.26 | 0.34 | 0.53 | 0.38 | 0.41 |
| Contingent Liabilities | 37,797.38 | 33,426.07 | 32,650.32 | 34,622.43 | 28,359.61 |
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Return on Equity (%) | 26.31 | 18.08 | 9.04 | 14.95 | 6.77 |
| Return on Capital Employed (%) | 27.99 | 14.89 | 9.49 | 17.12 | 12.87 |
| Return on Assets (%) | 14.87 | 9.46 | 4.48 | 7.66 | 3.33 |
| Interest Coverage Ratio (x) | 18.83 | 6.14 | 3.74 | 6.79 | 4.56 |
| Asset Turnover Ratio (x) | 0.64 | 0.51 | 40.18 | 51.35 | 47.64 |
| Price to Earnings (x) | 4.84 | 5.70 | 4.59 | 5.67 | 15.70 |
| Price to Book (x) | 1.27 | 1.03 | 0.41 | 0.85 | 1.06 |
| EV/EBITDA (x) | 3.60 | 4.57 | 4.52 | 3.73 | 5.20 |
| EBITDA Margin (%) | 40.75 | 33.13 | 25.25 | 32.52 | 27.74 |
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.
| Year | First Target | Second 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.
| Year | First Target | Second 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.
| Year | First Target | Second 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.
| Year | First Target | Second 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.
| Year | First Target | Second 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.
| Year | First Target | Second 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.
| Year | First Target | Second Target |
|---|---|---|
| 2030 | ₹ 450 | ₹ 520 |
Tata Steel Limited share price targets for 2023, 2024, 2025, 2026, 2028, and 2030 are shown in the table below.
| Year | First Target | Second 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
What is the PE ratio (price-earnings ratio) of Tata Steel Ltd.?
The current PE ratio of Tata Steel Ltd. is 8.16.
What is the 52-week high and low of Tata Steel Ltd.’s share price?
Tata Steel Ltd. share price saw a 52-week high of ₹ 138.67 and a 52-week low of ₹ 82.70.
What will Tata Steel Ltd.’s share price target be for 2024?
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.
What will be the Tata Steel Ltd. share price target in the next 5 years?
The first target for Tata Steel Ltd.'s share price in the next five years is ₹ 340, and the second target is ₹ 360.
What will be the Tata Steel Ltd. share price target in the next 7 years?
In the next 7 years, the first target for Tata Steel Ltd.'s share price can be ₹ 450, and the second is ₹ 520.
Is it profitable to invest in Tata Steel Ltd. stock?
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.
What are the key metrics to analyze Tata Steel Ltd.’s share price?
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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