Key Financial Ratios of Tata Steel

Investment Valuation Ratios

Face Value
Dividend Per Share
Operating Profit Per Share (Rs)
Net Operating Profit Per Share (Rs)
Free Reserves Per Share (Rs)
Bonus in Equity Capital
Profitability Ratios
Operating Profit Margin(%)
Profit Before Interest And Tax
Margin(%)
Gross Profit Margin(%)
Cash Profit Margin(%)
Adjusted Cash Margin(%)
Net Profit Margin(%)
Adjusted Net Profit Margin(%)
Return On Capital Employed(%)
Return On Net Worth(%)
Adjusted Return on Net Worth(%)
Return on Assets Excluding
Revaluations
Return on Assets Including
Revaluations
Return on Long Term Funds(%)
Liquidity And Solvency Ratios
Current Ratio
Quick Ratio
Debt Equity Ratio
Long Term Debt Equity Ratio
Debt Coverage Ratios
Interest Cover
Total Debt to Owners Fund
Financial Charges Coverage Ratio

Mar '11

Mar '10

Mar '09

Mar '08

Mar '07

10.00
12.00
116.45
305.53
454.52
26.36

10.00
8.00
100.38
281.11
392.98
28.50

10.00
16.00
125.60
333.27
309.18
34.61

10.00
16.00
112.85
269.02
275.25
34.61

10.00
15.50
119.11
300.66
213.24
43.56

38.11

35.70

37.68

41.94

39.61

33.82

30.95

33.27

37.04

33.97

34.20
23.28
23.28
23.16
23.16
13.48
14.22
11.91

31.36
20.65
20.65
19.96
19.96
13.06
13.45
11.00

33.69
23.83
23.83
21.09
21.09
15.01
21.10
19.87

37.70
26.41
26.41
23.43
23.43
17.11
21.52
20.42

39.84
28.10
28.47
23.53
23.90
27.71
29.95
31.19

503.19

418.94

330.24

296.65

236.82

503.19

418.94

330.24

296.65

236.82

13.54

13.06

15.21

17.16

28.11

1.78
1.45
0.59
0.58

1.12
0.76
0.68
0.68

0.91
0.57
1.34
1.31

3.81
3.52
1.08
1.07

1.69
1.37
0.69
0.68

6.14
0.59
6.82

4.41
0.68
5.00

5.71
1.34
6.37

8.35
1.08
9.25

26.19
0.69
29.45

Financial Charges Coverage Ratio

Post Tax
Management Efficiency Ratios
Inventory Turnover Ratio
Debtors Turnover Ratio
Investments Turnover Ratio
Fixed Assets Turnover Ratio
Total Assets Turnover Ratio
Asset Turnover Ratio
Average Raw Material Holding
Average Finished Goods Held
Number of Days In Working Capital
Profit & Loss Account Ratios
Material Cost Composition
Imported Composition of Raw
Materials Consumed
Selling Distribution Cost
Composition
Expenses as Composition of Total
Sales
Cash Flow Indicator Ratios
Dividend Payout Ratio Net Profit
Dividend Payout Ratio Cash Profit
Earning Retention Ratio
Cash Earning Retention Ratio
AdjustedCash Flow Times

Earnings Per Share

Book Value

5.75

4.32

5.15

6.94

21.07

9.85
67.93
9.85
1.29
0.38
1.29

10.90
46.58
10.90
1.12
0.40
1.12

9.36
41.29
9.36
1.22
0.43
1.22

10.84
33.45
10.84
1.20
0.43
1.20

7.69
29.81
10.81
1.68
0.74
1.09

81.57
24.02
140.11

60.63
21.78
20.53

74.12
27.88
-4.56

71.68
29.45
520.93

61.19
33.58
131.85

32.05

33.50

35.19

30.85

33.01

60.95

59.69

68.85

50.51

48.93

0.37

0.32

0.25

0.26

0.37

8.10

8.41

13.85

11.64

12.05

19.04
16.32
77.27
81.05
4.10

16.64
13.68
79.66
83.92
4.83

27.15
22.80
71.16
76.03
4.58

29.39
24.93
69.02
73.94
3.41

26.15
21.90
74.25
78.38
1.89

Mar '11

Mar '10

Mar '09

Mar '08

Mar '07

71.58
503.19

56.37
418.94

69.70
331.68

63.85
298.78

72.74
240.31

Balance Sheet of Tata Steel

Sources Of Funds
Total Share Capital
Equity Share Capital
Share Application Money
Preference Share Capital
Reserves
Revaluation Reserves
Networth
Secured Loans
Unsecured Loans
Total Debt
Total Liabilities

Application Of Funds
Gross Block
Less: Accum. Depreciation
Net Block
Capital Work in Progress
Investments
Inventories
Sundry Debtors
Cash and Bank Balance
Total Current Assets
Loans and Advances
Fixed Deposits
Total CA, Loans & Advances
Deffered Credit
Current Liabilities
Provisions
Total CL & Provisions

------------------- in Rs. Cr. ------------------Mar '11

Mar '10

Mar '09

Mar '08

Mar '07

12 mths

12 mths

12 mths

12 mths

12 mths

959.41
959.41
178.20
0.00
47,307.02
0.00
48,444.63
2,009.20
26,291.94
28,301.14
76,745.77
Mar '11

887.41
887.41
0.00
0.00
36,281.34
0.00
37,168.75
2,259.32
22,979.88
25,239.20
62,407.95
Mar '10

6,203.45
730.79
0.00
5,472.66
23,501.15
0.00
29,704.60
3,913.05
23,033.13
26,946.18
56,650.78
Mar '09

6,203.30
730.78
0.00
5,472.52
21,097.43
0.00
27,300.73
3,520.58
14,501.11
18,021.69
45,322.42
Mar '08

580.67
580.67
147.06
0.00
13,368.42
0.00
14,096.15
3,758.92
5,886.41
9,645.33
23,741.48
Mar '07

12 mths

12 mths

12 mths

12 mths

12 mths

22,846.26
11,041.16
11,805.10
6,969.38
46,564.94
3,953.76
428.03
512.76
4,894.55
16,814.04
3,628.78
25,337.37
0.00
10,383.04
3,547.98
13,931.02

22,306.07
10,143.63
12,162.44
3,843.59
44,979.67
3,077.75
434.83
500.30
4,012.88
6,678.55
2,733.84
13,425.27
0.00
8,699.34
3,303.68
12,003.02

20,057.01
9,062.47
10,994.54
3,487.68
42,371.78
3,480.47
635.98
463.58
4,580.03
5,884.61
1,127.02
11,591.66
0.00
8,965.76
2,934.19
11,899.95

16,479.59
8,223.48
8,256.11
4,367.45
4,103.19
2,604.98
543.48
465.00
3,613.46
34,582.84
0.04
38,196.34
0.00
6,842.26
2,913.52
9,755.78

16,029.49
7,486.37
8,543.12
2,497.44
6,106.18
2,332.98
631.63
446.51
3,411.12
4,025.95
7,234.84
14,671.91
0.00
6,349.24
1,930.46
8,279.70

Net Current Assets

Miscellaneous Expenses
Total Assets

11,406.35
0.00
76,745.77

1,422.25
0.00
62,407.95

-308.29
105.07
56,650.78

28,440.56
155.11
45,322.42

6,392.21
202.53
23,741.48

Contingent Liabilities
Book Value (Rs)

12,582.24
503.19

13,184.61
418.94

12,188.55
331.68

9,250.08
298.78

7,185.93
240.31

Capital Structure (Tata Steel)

Period
Instrument
From
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
1992
1990
1988
1987
1985
1983
1980
1971
1961
1960
1959

To
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
1992
1990
1988
1987
1985
1983
1976
1971
1961
1960

Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share
Equity Share

Authorized Issued Capital

Capital
(Rs. cr)

(Rs. cr)

2100
1750
1750
1750
1750
600
600
440
440
440
440
440
440
440
440
440
440
375
375
375
275
165
165
85.5
88.5
38.78
27.75
27.75
23.11

960.13
888.13
731.37
731.37
581.07
554.07
554.07
368.37
368.37
368.37
368.37
368.37
368.37
368.37
368.37
368.36
338.35
337.54
375
230.35
230.14
156.56
82.84
72.23
72.23
38.74
27.72
27.75
23.11

-PAIDUPShares (nos) Face Value

959214450
10
887214196
10
730592471
10
730584320
10
580472856
10
553472856
10
553472856
10
367771901
10
367771901
10
367771901
10
367771901
10
367771880
10
367771512
10
368137405
10
368136568
10
368152085
10
338133839
10
337329848
10
230136540
10
230136540
10
230136540
10
15634412
100
8262868
100
7201638
100
7201638
100
5144027
75
3674305
75
3671346
75
3069665
75

Capital
959.21
887.21
730.59
730.58
580.47
553.47
553.47
367.77
367.77
367.77
367.77
367.77
367.77
368.14
368.14
368.15
338.13
337.33
230.14
230.14
230.14
156.34
82.63
72.02
72.02
38.58
27.56
27.54
23.02