MAIN

TATA Steel SAIL

ROTA
14.75%
6.43%
RONA
17.77%
9.29%
EBIT Margin
23.29%
6.91%
TOI
49.10%
82.95%
FA TOR
97.51%
77.29%
CA TOR
3.61
1.74
RM Cost
23.20%
41.27%
Emp. Cost
8.81%
20.51%
DSO
6.08
38.20
ROCE
11.43%
5.72%

Current Ratio
Sr.no.
TATA Steel
2011
2012
2013
2014

R
14.75%

SAIL

1.62
0.96
0.88
0.62

3
2.3
2.1
1.8

RONA
17.77%

Current Ratio comparison

3
2.3

2.1
1.8

1.62
0.96

0.88
0.62

Fixed Assets
TATA Steel

SAIL
97.51%

23.20%

Days

6.08

ROTA Comparison
23.29%

14.75%

6.43%

RONA Comparison

17.77%

49.10%
9.29%

1.8

Fixed Assets Turnover Ratio Comparison

Current
3.61

97.51%
77.29%

Raw Material Cost

41.27%

Raw Material Cost

41.27%

23.20%
8.81%

Days of Sales Outstanding

RO
11.43%
38.20

6.08

EBIT Margin
23.29%

6.91%

TOI Comparison
82.95%

49.10%

Current Assets Turnover Ratio

3.61

1.74

Employee Cost
20.51%

Employee Cost
20.51%

8.81%

ROCE Comparison
11.43%

5.72%

DIRECT DATA FROM ANNUAL REPORT 13-14

TATA Steel
2013-14 2012-13

2011-12

2010-11

EBITDA/Turnove
r

31.78%

30.62%

34.06%

39.55%

PBT/Turnover

23.63%

22.28%

27.54%

31.05%

Return on
Average Capital
Employed

12.57%

11.94%

13.07%

14.87%

Return on
Average Net
worth

10.61%

9.04%

13.01%

16.04%

Asset Turnover

74.14%

77.84%

76.26%

79.88%

Inventory
Turnover (in
days)

46

45

45

42

Debtors
Turnover (in
days)

Gross Block to
Net Block

1.36

1.41

1.44

1.63

Net Debt to
Equity

0.41

0.44

0.41

0.49

Current Ratio

0.62

0.88

0.96

1.62

Interest Cover
ratio

7.69

6.5

9.8

7.76

Net worth per

share (`)

653.03

591.88

566.69

533.97

64.21

50.28

67.84

75.63

Dividend Payout

16%

18%

20%

19%

P/E Ratio

6.13

6.21

6.93

8.2

Basic Earnings
per share (`)

SAIL
2013-14
EBDITA to
average
capital
employed
(%)

16.9

2012-13

2011-12

2010-11

18

21

22

PBT to Net
Sales (%)

7.4

11

17

PBT to
average
capital
employed
(%)

8.4

10

14

17

Return on
average
net worth
(%)

6.1

5.4

9.2

14

99

96

90

5.3

8.6

12

12

11

14

Net worth
per share
of Rs. 10
(Rs.)
Earnings
per share
of Rs.
10(Rs.)
Price earning
ratio
( times )

103.3

6.3

11.3

Dividend
per share
of Rs. 10
(Rs.)

2.4

Effective
dividend
rate (%)

2.8

3.2

2.1

1.4

Debt Equity
(times)

0.6

0.5

0.4

0.5

Current
ratio
( times )

1.8

2.1

2.3

Capital
employed
to
turnover
ratio
( times )

1.5

1.6

1.5

1.2

Working
capital
turnover
ratio
( times )

4.4

3.4

3.1

1.9

Interest
coverage
ratio
( times )

2.3

2.6

3.8

7.1

38

23

20

DIVIDEND
PAY OUT
RATIO

31.9