SUMMARY OF FINANCIALS OF TATA STEEL

Particulars 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12

Liabilities

Capital 727.73 6,203.30 6,203.45 887.41 2,637.61 3,246.41

Reserves and Surplus 13,368.42 21,097.43 23,972.81 36,074.39 45,807.02 51,245.05

Borrowings 9,645.33 18,021.69 26,946.18 25,239.20 28,301.12 26,172.25

Net Worth 14,096.15 27,300.73 30,176.26 36,961.80 48,444.63 54,491.46

Assets

Gross Block 18,426.52 20,746.57 23,444.22 26,043.59 28,332.24 39,399.18

Net Block 11,040.56 12,623.56 14,482.22 16,006.03 17,417.38 27,413.01

Investments 6,106.18 4,103.19 42,371.78 44,979.67 46,564.94 50,282.52

Profit and Loss

Income 20,196.24 22,526.80 27,152.00 27,611.59 33,078.59 38,403.15

Expenditure 13,115.30 14,625.83 18,862.99 19,314.11 22,155.55 27,394.36

Depreciation 819.29 834.61 973.40 1,083.18 1,146.19 1,151.44

Profit Before Tax 6,261.65 7,066.36 7,315.61 7,214.30 9,776.85 9,857.35

Tax 2,039.50 2,379.33 2,113.87 2,167.50 2,911.16 3,160.93

Profit After Tax 4,222.15 4,687.03 5,201.74 5,046.80 6,865.69 6,696.42

Net Transfer to Reserves 3,117.82 3,293.48 3,709.24 4,168.35 5,553.38 5,176.09

Dividend 1,104.33 1,393.55 1,492.50 878.45 1,307.77 1,347.03

Physical Production
Total Saleable Steel (’000
4,929.00 4,858.00 5,375.00 6,439.00 6,691.00 6,970.00
Tonnes)
Capital Expenditure 2,007.68 2,448.35 2,846.79 2,726.07 3,969 15,157.75

SUMMARY OF FINANCIALS OF TATA STEEL

Particulars 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12
Liabilities

Capital 100.00 852.42 852.44 121.94 362.44 446.10

Reserves and Surplus 100.00 157.82 179.32 269.85 342.65 383.33

Borrowings 100.00 186.84 279.37 261.67 293.42 271.35

Net Worth 100.00 193.68 214.07 262.21 343.67 386.57

Assets

Gross Block 100.00 112.59 127.23 141.34 153.76 213.82

Net Block 100.00 114.34 131.17 144.97 157.76 248.29

Investments 100.00 67.20 693.92 736.63 762.59 823.47

Profit and Loss

Income 100.00 111.54 134.44 136.72 163.79 190.15

Expenditure 100.00 111.52 143.82 147.26 168.93 208.87

Depreciation 100.00 101.87 118.81 132.21 139.90 140.54

Profit Before Tax 100.00 112.85 116.83 115.21 156.14 157.42

Tax 100.00 116.66 103.65 106.28 142.74 154.99

Profit After Tax 100.00 111.01 123.20 119.53 162.61 158.60

Net Transfer to Reserves 100.00 105.63 118.97 133.69 178.12 166.02

Dividend 100.00 126.19 135.15 79.55 118.42 121.98

Physical Production
Total Saleable Steel (’000 100.00 98.56 109.05 130.64 135.75 141.41
Tonnes)
Capital Expenditure 100.00 121.95 141.80 135.78 197.67 754.99
TATA STEEL
2012-13 2013-14 2014-15 2015-16 2016-17 2017-18

3,246.41 3,246.41 3,246.41 3,246.41 3,246.42 3,421.14 7,000.00

54,238.27 60,176.58 65,692.48 69,505.31 48,687.59 60,368.70

6,000.00
27,507.79 27,917.26 28,198.44 29,643.16 28,284.63 28,125.80
5,201
57,484.68 63,422.99 68,938.89 72,751.72 51,934.01 63,789.84
5,000.00 4,687.03

4,222.15
47,116.99 58,015.91 65,618.80 71,640.50 87,987.34 90,354.85
4,000.00
33,597.34 42,775.15 48,285.19 52,410.96 78,731.11 77,402.35

50,418.80 54,661.80 53,164.32 56,680.59 13,665.71 24,276.93 3,000.00

43,231.61 47,096.98 49,249.29 46,681.28 53,675.42 61,283.03 2,000.00

33,754.63 35,454.78 38,742.81 38,621.65 44,776.94 50,917.32

1,640.38 1,928.70 1,997.59 1,933.11 3,541.55 3,727.46 1,000.00

7,836.60 9,713.50 8,508.89 6,126.52 5,356.93 6,638.25

-
2,773.63 3,301.31 2,069.77 1,225.57 1,912.38 2,468.70 2006-07 2007-08 2008-0

5,062.97 6,412.19 6,439.12 4,900.95 3,444.55 4,169.55

3,977.43 5,199.18 5,205.67 3,800.62

905.70 1,037.40 929.99 926.27 924.71 1,159.63

7,941.00 8,931.00 9,073.00 9,698.00 11,351.00 12,237.00

12,333.34 20,947.64 3,414.34 4,114.33 - -

TATA STEEL
2012-13 2013-14 2014-15 2015-16 2016-17 2017-18

180.00

160.00
 180.00
446.10 446.10 446.10 446.10 446.10 470.11

405.72 450.14 491.40 519.92 364.20 451.58 160.00

285.19 289.44 292.35 307.33 293.25 291.60

140.00
407.80 449.93 489.06 516.11 368.43 452.53 123.20
120.00
111.01

255.70 314.85 356.11 388.79 477.50 490.35 100.00

100.00
304.31 387.44 437.34 474.71 713.11 701.07
80.00
825.70 895.19 870.66 928.25 223.80 397.58

60.00
214.06 233.20 243.85 231.14 265.77 303.44
40.00
257.37 270.33 295.40 294.48 341.41 388.23

200.22 235.41 243.82 235.95 432.27 454.96

20.00
125.15 155.13 135.89 97.84 85.55 106.01
-
136.00 161.87 101.48 60.09 93.77 121.04 2006-07 2007-08 2008-09

119.91 151.87 152.51 116.08 81.58 98.75

127.57 166.76 166.97 121.90

82.01 93.94 84.21 83.88 83.73 105.01

161.11 181.19 184.07 196.75 230.29 248.27

614.31 1,043.38 170.06 204.93

 Profit After Tax

Profit After Tax

6,865.69
6,696.42
6,412.19 6,439.12

5,201.74
5,046.80 5,062.97
4,900.95
4,687.03

222.15 4,169.55

3,444.55

06-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18

Profit After Tax

Profit After Tax

162.61
158.60
151.87 152.51
 Profit After Tax
162.61
158.60
151.87 152.51

123.20
119.53 119.91
116.08
111.01

98.75

81.58

2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18
Items
Row Year 2006-07
Capital 4 Profit After Tax 4,222.15

Reserves and Surplus 5

Borrowings 6 18

Net Worth 7

Gross Block 9 2006-07

Year
Net Block 10 Profit After Tax 100.00

Investments 11

Income 13 18

Expenditure 14

Depreciation 15

Profit Before Tax 16

Tax 17

Profit After Tax 18

Net Transfer to Reserves 19

Dividend 20

Total Saleable Steel (’000 Tonn 22

Capital Expenditure 23
 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14
4,687.03 5,201.74 5,046.80 6,865.69 6,696.42 5,062.97 6,412.19

2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14

111.01 123.20 119.53 162.61 158.60 119.91 151.87

2014-15 2015-16 2016-17 2017-18
6,439.12 4,900.95 3,444.55 4,169.55

2014-15 2015-16 2016-17 2017-18

152.51 116.08 81.582843 98.754189

 BALANCE SHEET as at March 31, 2018, 2017, 2016 and April
ASSETS 2015
Non-current assets
a) Property, plant and equipment 50,882.48
b) Capital work-in-progress 24,153.78
c) Intangible assets 177.14
d) Intangible assets under development 16.46

e) Investments in subsidiaries, associates and joint ventures 3,148.89

f ) Financial assets
(i) Investments 10,853.13
(ii) Loans 141.83
(iii) Derivative assets 40.91
(iv) Other financial assets 60.7
g) Income tax assets (net) 723.57
h) Other assets 2,845.87
Total non-current assets 93,044.76

Current assets
a) Inventories 8,023.35
b) Financial assets
(i) Investments 1,001.15
(ii) Trade receivables 1,057.02
(iii) Cash and cash equivalents 495.16
(iv) Other balances with bank 56.66
(v) Loans 82.04
(vi) Derivative assets 614.1
(vii) Other financial assets 234.01
c) Other assets 1,025.09
Total current assets 12,588.58

ASSETS 105,633.34

EQUITY AND LIABILITIES

Equity
a) Equity Share Capital 971.41
b) Hybrid Perpetual Securities 2,275.00
c) Other equity 49,217.90
Total equity 52,464.31
Non-current liabilities
a) Financial liabilities
(i) Borrowings 24,316.10
(ii) Derivative liabilities 171.97
(iii) Other financial liabilities 841.89
 b) Provisions 1,320.99
c) Retirement benefit obligations 1,623.23
d) Deferred income 2,130.58
e) Deferred tax liabilities (net) 6,231.55
f ) Other liabilities 19.67
Total non-current liabilities 36,655.98

Current liabilities
a) Financial liabilities
(i) Borrowings 819.74
(ii) Trade payables 4,935.96
(iii) Derivative liabilities 129.17
(iv) Other financial liabilities 7,738.90
b) Provisions 182.99
c) Retirement benefit obligations 51.53
d) Income tax liabilities (net) 505.75
e) Other liabilities 2,149.01
Total current liabilities 16,513.05

EQUITY AND LIABILITIES 105,633.34

2018, 2017, 2016 and April 1, 2015
2016 2017 2018

49,561.05 71,778.97 70,942.90

28,174.01 6,125.35 5,641.50
527.34 788.18 786.18
31.87 38.61 31.77

3,340.97 3,397.57 3,666.24

4,119.45 4,958.33 5,970.32

205.96 211.97 213.50
0.8 0.12 12.13
36.92 79.49 21.21
837.66 867.75 1,043.84
3,325.18 3,121.64 2,140.84
90,161.21 91,367.98 90,470.43

7,137.38 10,236.85 11,023.41

4,325.00 5,309.81 14,640.37

1,133.17 2,006.52 1,875.63
974.68 905.21 4,588.89
61.45 65.1 107.85
18.75 27.14 74.13
6.2 6.26 30.07
207.75 315.06 480.62
1,088.87 1,225.48 1,822.94
14,953.25 20,097.43 34,643.91

105,114.46 111,465.41 125,114.34

971.41 971.41 1,146.12

2,275.00 2,275.00 2,275.00
45,665.97 48,687.60 60,368.72
48,912.38 51,934.01 63,789.84

23,926.76 24,694.37 24,568.95

116.01 179.33 70.08
396.51 18.22 19.78
 1,862.05 2,024.74 1,961.21
1,252.45 1,484.21 1,247.73
2,228.48 1,885.19 1,365.61
5,610.70 6,111.27 6,259.09
76.79 77.74 224.71
35,469.75 36,475.07 35,717.16

5,888.00 3,239.67 669.88

6,196.88 10,717.44 11,242.75
78.23 270.17 16.41
4,633.35 4,062.35 6,541.40
280.64 700.6 735.28
56.67 56.58 90.5
732.58 465.72 454.06
2,865.98 3,543.80 5,857.06
20,732.33 23,056.33 25,607.34

105,114.46 111,465.41 125,114.34

 STATEMENT OF PROFIT AND LOSS for the years ended March 31,
Income: 2016
Revenue from operations 42,697.44
Other income 391.16
Total income 43,088.60

Expenses:
(a) Raw materials consumed 9,700.01
(b) Purchases of finished, semi-finished and other products 991.54
(c) Changes in stock of finished goods, work-in-progress and stock-in-
70.75
trade
(d) Employee benefits expenses 4,319.89
(e) Finance costs 1,848.05
(f ) Depreciation and amortisation expense 2,962.28
(g) Other expenses 20,602.35
40,494.87
Less: Expenditure (other than interest) transferred to capital and other
598.89
accounts
Total expenses 39,895.98

Profit before exceptional items and tax 3,192.62

Exceptional items:
(a) Profit/(Loss) on sale of non-current investments (0.85)
(b) Provision for impairment of investments/doubtful advances (160.62)
(c) Provision for impairment of non-current assets (51.51)
(d) Provision for demands and claims (880.05)
(e) Employee separation compensation (556.25)
(f ) Restructuring and other provisions -
Total exceptional items (1,649.28)

Profit before tax 1,543.34

Tax expense:
(a) Current Tax 1,193.28
(b) Deferred Tax (605.59)
Total tax expense 587.69

Profit for the year 955.65

Other comprehensive income/(loss)
A (i) Items that will not be reclassified subsequently to the
statement of profit and loss
(a) Remeasurement gains/(losses) on post employment defined
(5.01)
benefit plans
(b) Fair value changes of investments in equity shares (3,163.52)
 (ii) Income tax on items that will not be reclassified subsequently
(239.78)
to statement of profit and loss
B (i) Items that will be reclassified subsequently to the statement
of profit and loss
(a) Fair value changes of cash flow hedges 1.80
(ii) Income tax on items that will be reclassified subsequently to the
(0.62)
statement of profit and loss
Total other comprehensive income/(loss) (3,407.13)
Total comprehensive income/(loss) for the year (2,451.48)

Earnings per share:

Basic and Diluted (Rs.) 8.05
years ended March 31,
2017 2018
53,260.96 60,519.37
414.46 763.66
53,675.42 61,283.03

12,496.78 16,877.63
881.18 647.21

(1,329.65) 545.36

4,605.13 4,828.85
2,688.55 2,810.62
3,541.55 3,727.46
24,949.09 22,178.02
47,832.63 51,615.15

217.52 336.66

47,615.11 51,278.49

6,060.31 10,004.54

(170.87) (62.92)

(218.25) (3,213.68)
(178.68) (89.69)
(135.58) -
(703.38) (3,366.29)

5,356.93 6,638.25

1,400.54 1,586.78
511.84 881.92
1,912.38 2,468.70

3,444.55 4,169.55

(217.79) 237.63

819.01 (223.00)
 75.37 (82.24)

(1.22) 9.96

0.42 (3.47)

675.79 (61.12)
4,120.34 4,108.43

33.67 38.57
 BALANCE SHEET as at March 31, 2018, 2017, 2016 and April 1, 20
ASSETS 2015 2016
Non-current assets
a) Property, plant and equipment 50,882.48 49,561.05
b) Capital work-in-progress 24,153.78 28,174.01
c) Intangible assets 177.14 527.34
d) Intangible assets under development 16.46 31.87

e) Investments in subsidiaries, associates and joint ventures 3,148.89 3,340.97

f ) Financial assets
(i) Investments 10,853.13 4,119.45
(ii) Loans 141.83 205.96
(iii) Derivative assets 40.91 0.8
(iv) Other financial assets 60.7 36.92
g) Income tax assets (net) 723.57 837.66
h) Other assets 2,845.87 3,325.18
Total non-current assets 93,044.76 90,161.21

Current assets
a) Inventories 8,023.35 7,137.38
b) Financial assets
(i) Investments 1,001.15 4,325.00
(ii) Trade receivables 1,057.02 1,133.17
(iii) Cash and cash equivalents 495.16 974.68
(iv) Other balances with bank 56.66 61.45
(v) Loans 82.04 18.75
(vi) Derivative assets 614.1 6.2
(vii) Other financial assets 234.01 207.75
c) Other assets 1,025.09 1,088.87
Total current assets 12,588.58 14,953.25

ASSETS 105,633.34 105,114.46

EQUITY AND LIABILITIES

Equity
a) Equity Share Capital 971.41 971.41
b) Hybrid Perpetual Securities 2,275.00 2,275.00
c) Other equity 49,217.90 45,665.97
Total equity 52,464.31 48,912.38
Non-current liabilities
a) Financial liabilities
(i) Borrowings 24,316.10 23,926.76
(ii) Derivative liabilities 171.97 116.01
(iii) Other financial liabilities 841.89 396.51
 b) Provisions 1,320.99 1,862.05
c) Retirement benefit obligations 1,623.23 1,252.45
d) Deferred income 2,130.58 2,228.48
e) Deferred tax liabilities (net) 6,231.55 5,610.70
f ) Other liabilities 19.67 76.79
Total non-current liabilities 36,655.98 35,469.75

Current liabilities
a) Financial liabilities
(i) Borrowings 819.74 5,888.00
(ii) Trade payables 4,935.96 6,196.88
(iii) Derivative liabilities 129.17 78.23
(iv) Other financial liabilities 7,738.90 4,633.35
b) Provisions 182.99 280.64
c) Retirement benefit obligations 51.53 56.67
d) Income tax liabilities (net) 505.75 732.58
e) Other liabilities 2,149.01 2,865.98
Total current liabilities 16,513.05 20,732.33

EQUITY AND LIABILITIES 105,633.34 105,114.46

VERTICLE ANALYSIS OF BALANCE SHEET - TATA STEEL LIMITED

ASSETS 2015 2016
Non-current assets
a) Property, plant and equipment 48.17% 47.15%
b) Capital work-in-progress 22.87% 26.80%
c) Intangible assets 0.17% 0.50%
d) Intangible assets under development 0.02% 0.03%

e) Investments in subsidiaries, associates and joint ventures 2.98% 3.18%

f ) Financial assets
(i) Investments 10.27% 3.92%
(ii) Loans 0.13% 0.20%
(iii) Derivative assets 0.04% 0.00%
(iv) Other financial assets 0.06% 0.04%
g) Income tax assets (net) 0.68% 0.80%
h) Other assets 2.69% 3.16%
Total non-current assets 88.08% 85.77%

Current assets
a) Inventories 7.60% 6.79%
b) Financial assets 0.00% 0.00%
(i) Investments 0.95% 4.11%
(ii) Trade receivables 1.00% 1.08%
 (iii) Cash and cash equivalents 0.47% 0.93%
(iv) Other balances with bank 0.05% 0.06%
(v) Loans 0.08% 0.02%
(vi) Derivative assets 0.58% 0.01%
(vii) Other financial assets 0.22% 0.20%
c) Other assets 0.97% 1.04%
Total current assets 11.92% 14.23%

ASSETS 100.00% 100.00%

VERTICLE ANALYSIS OF BALANCE SHEET - TATA STEEL LIMITED

EQUITY AND LIABILITIES 2015 2016
EQUITY AND LIABILITIES
Equity
a) Equity Share Capital 0.92% 0.92%
b) Hybrid Perpetual Securities 2.15% 2.16%
c) Other equity 46.59% 43.44%
Total equity 49.67% 46.53%
Non-current liabilities
a) Financial liabilities
(i) Borrowings 23.02% 22.76%
(ii) Derivative liabilities 0.16% 0.11%
(iii) Other financial liabilities 0.80% 0.38%
b) Provisions 1.25% 1.77%
c) Retirement benefit obligations 1.54% 1.19%
d) Deferred income 2.02% 2.12%
e) Deferred tax liabilities (net) 5.90% 5.34%
f ) Other liabilities 0.02% 0.07%
Total non-current liabilities 34.70% 33.74%

Current liabilities
a) Financial liabilities
(i) Borrowings 0.78% 5.60%
(ii) Trade payables 4.67% 5.90%
(iii) Derivative liabilities 0.12% 0.07%
(iv) Other financial liabilities 7.33% 4.41%
b) Provisions 0.17% 0.27%
c) Retirement benefit obligations 0.05% 0.05%
d) Income tax liabilities (net) 0.48% 0.70%
e) Other liabilities 2.03% 2.73%
Total current liabilities 15.63% 19.72%

EQUITY AND LIABILITIES 100.00% 100.00%

016 and April 1, 2015 Assets Strucure of Ta
2017 2018

71,778.97 70,942.90 100% 11.92% 14.23%

6,125.35 5,641.50
90%
788.18 786.18
38.61 31.77 80%

3,397.57 3,666.24 70%

60%
4,958.33 5,970.32 88.08%
50% 85.77%
211.97 213.50
0.12 12.13 40%
79.49 21.21
30%
867.75 1,043.84
3,121.64 2,140.84 20%
91,367.98 90,470.43 10%

0%
2015 2016
10,236.85 11,023.41
Total non-current assets
0.00
5,309.81 14,640.37
2,006.52 1,875.63
905.21 4,588.89
65.1 107.85 Liabilities Strucure of Tata
27.14 74.13
6.26 30.07
315.06 480.62 100% 15.63%
19.72%
1,225.48 1,822.94
90%
20,097.43 34,643.91
80%
111,465.41 125,114.34 34.70%
70% 33.74%

60%

50%
971.41 1,146.12
2,275.00 2,275.00 40%
48,687.60 60,368.72 49.67% 46.53%
30%
51,934.01 63,789.84
20%

10%
24,694.37 24,568.95
179.33 70.08 0%
2015 2016 2
18.22 19.78
Total equity Total non-current
 10%

0%
2015 2016 2

Total equity Total non-current

2,024.74 1,961.21
1,484.21 1,247.73
1,885.19 1,365.61
6,111.27 6,259.09
77.74 224.71
36,475.07 35,717.16

3,239.67 669.88
10,717.44 11,242.75
270.17 16.41
4,062.35 6,541.40
700.6 735.28
56.58 90.50
465.72 454.06
3,543.80 5,857.06
23,056.33 25,607.34

111,465.41 125,114.34

TA STEEL LIMITED
2017 2018

64.40% 56.70%
5.50% 4.51%
0.71% 0.63%
0.03% 0.03%

3.05% 2.93%

4.45% 4.77%
0.19% 0.17%
0.00% 0.01%
0.07% 0.02%
0.78% 0.83%
2.80% 1.71%
81.97% 72.31%

9.18% 8.81%
0.00% 0.00%
4.76% 11.70%
1.80% 1.50%
 0.81% 3.67%
0.06% 0.09%
0.02% 0.06%
0.01% 0.02%
0.28% 0.38%
1.10% 1.46%
18.03% 27.69%

100.00% 100.00%

TA STEEL LIMITED
2017 2018

0.87% 0.92%
2.04% 1.82%
43.68% 48.25%
46.59% 50.99%

22.15% 19.64%
0.16% 0.06%
0.02% 0.02%
1.82% 1.57%
1.33% 1.00%
1.69% 1.09%
5.48% 5.00%
0.07% 0.18%
32.72% 28.55%

2.91% 0.54%
9.62% 8.99%
0.24% 0.01%
3.64% 5.23%
0.63% 0.59%
0.05% 0.07%
0.42% 0.36%
3.18% 4.68%
20.68% 20.47%

100.00% 100.00%
 Assets Strucure of Tata Steel Ltd.

14.23% 18.03%
27.69%

85.77% 81.97%
72.31%

2016 2017 2018

Total non-current assets Total current assets

abilities Strucure of Tata Steel Ltd.

19.72% 20.68% 20.47%

33.74% 28.55%
32.72%

50.99%
46.53% 46.59%

2016 2017 2018

Total equity Total non-current liabilities Total current liabilities

 2016 2017 2018

Total equity Total non-current liabilities Total current liabilities

 STATEMENT OF PROFIT AND LOSS for the years ended March 31,
Income: 2016
Revenue from operations 42,697.44
Other income 391.16
Total income 43,088.60

Expenses:
(a) Raw materials consumed 9,700.01
(b) Purchases of finished, semi-finished and other products 991.54
(c) Changes in stock of finished goods, work-in-progress and stock-in-
70.75
trade
(d) Employee benefits expenses 4,319.89
(e) Finance costs 1,848.05
(f ) Depreciation and amortisation expense 2,962.28
(g) Other expenses 20,602.35
40,494.87
Less: Expenditure (other than interest) transferred to capital and other
598.89
accounts
Total expenses 39,895.98

Profit before exceptional items and tax 3,192.62

Exceptional items:
(a) Profit/(Loss) on sale of non-current investments (0.85)
(b) Provision for impairment of investments/doubtful advances (160.62)
(c) Provision for impairment of non-current assets (51.51)
(d) Provision for demands and claims (880.05)
(e) Employee separation compensation (556.25)
(f ) Restructuring and other provisions -
Total exceptional items (1,649.28)

Profit before tax 1,543.34

Tax expense:
(a) Current Tax 1,193.28
(b) Deferred Tax (605.59)
Total tax expense 587.69

Profit for the year 955.65

Other comprehensive income/(loss)
A (i) Items that will not be reclassified subsequently to the
statement of profit and loss
(a) Remeasurement gains/(losses) on post employment defined
(5.01)
benefit plans
(b) Fair value changes of investments in equity shares (3,163.52)
 (ii) Income tax on items that will not be reclassified subsequently
(239.78)
to statement of profit and loss
B (i) Items that will be reclassified subsequently to the statement
of profit and loss
(a) Fair value changes of cash flow hedges 1.80
(ii) Income tax on items that will be reclassified subsequently to the
(0.62)
statement of profit and loss
Total other comprehensive income/(loss) (3,407.13)
Total comprehensive income/(loss) for the year (2,451.48)

Earnings per share:

Basic and Diluted (Rs.) 8.05

VERTICLE ANALYSIS OF PROFIT AND LOSS for the years ended March 3
Income: 2016
Revenue from operations 99.09%
Other income 0.91%
Total income 100.00%

Expenses:
(a) Raw materials consumed 22.51%
(b) Purchases of finished, semi-finished and other products 2.30%
(c) Changes in stock of finished goods, work-in-progress and stock-in-
0.16%
trade
(d) Employee benefits expenses 10.03%
(e) Finance costs 4.29%
(f ) Depreciation and amortisation expense 6.87%
(g) Other expenses 47.81%
93.98%
Less: Expenditure (other than interest) transferred to capital and other
1.39%
accounts
Total expenses 92.59%

Profit before exceptional items and tax 7.41%

Exceptional items: 0.00%
(a) Profit/(Loss) on sale of non-current investments 0.00%
(b) Provision for impairment of investments/doubtful advances -0.37%
(c) Provision for impairment of non-current assets -0.12%
(d) Provision for demands and claims -2.04%
(e) Employee separation compensation -1.29%
(f ) Restructuring and other provisions
Total exceptional items -3.83%
 0.00%
Profit before tax 3.58%
0.00%
Tax expense: 0.00%
(a) Current Tax 2.77%
(b) Deferred Tax -1.41%
Total tax expense 1.36%
0.00%
Profit for the year 2.22%
years ended March 31,
2017 2018
53,260.96 60,519.37
414.46 763.66
53,675.42 61,283.03

12,496.78 16,877.63
881.18 647.21

(1,329.65) 545.36

4,605.13 4,828.85
2,688.55 2,810.62
3,541.55 3,727.46
24,949.09 22,178.02
47,832.63 51,615.15

217.52 336.66

47,615.11 51,278.49

6,060.31 10,004.54

(170.87) (62.92)

(218.25) (3,213.68)
(178.68) (89.69)
(135.58) -
(703.38) (3,366.29)

5,356.93 6,638.25

1,400.54 1,586.78
511.84 881.92
1,912.38 2,468.70

3,444.55 4,169.55

(217.79) 237.63

819.01 (223.00)
 75.37 (82.24)

(1.22) 9.96

0.42 (3.47)

675.79 (61.12)
4,120.34 4,108.43

33.67 38.57

the years ended March 31,

2017 2018 Expenditure Str
99.23% 98.75%
0.77% 1.25%
100.00% 100.00%

23.28% 27.54%
1.64% 1.06%

-2.48% 0.89%

8.58% 7.88% (g) Other expenses; 36.19%

5.01% 4.59%
6.60% 6.08%
46.48% 36.19%
89.11% 84.22%

0.41% 0.55%

88.71% 83.67%

11.29% 16.33%
0.00% 0.00%
0.00% 0.00%
-0.32% -0.10%
0.00% 0.00%
-0.41% -5.24%
-0.33% -0.15%
-0.25% - (f ) Depreciation and amortisation expense; 6.08%
-1.31% -5.49%
 (f ) Depreciation and amortisation expense; 6.08%

0.00% 0.00%
9.98% 10.83%
0.00% 0.00%
0.00% 0.00%
2.61% 2.59%
0.95% 1.44%
3.56% 4.03%
0.00% 0.00%
6.42% 6.80%
 Expenditure Structure of Tata Steel Ltd - 2018
(a) Raw ma-
terials con-
sumed;
27.54%

6.19%

(d) Em-
ployee
benefits
nd amortisation expense; 6.08% expenses;
7.88%
(b) Pur-
chases of fin-
ished, semi-
(e) Finance costs; 4.59% finished and
other prod-
ucts; 1.06%
 (d) Em-
ployee
benefits
nd amortisation expense; 6.08% expenses;
7.88%
(b) Pur-
chases of fin-
ished, semi-
(e) Finance costs; 4.59% finished and
other prod-
ucts; 1.06%

(c) Changes
in stock of
finished
goods, work-
in-progress
and stock-in-
trade; 0.89%
 CASH FLOW STATEMENT of TATA STEEL LIMITED for the year
ended 31st March,
Particulars 2016-17
A. Cash Flow from Operating Activities:
Profit before tax 5,356.93
Adjustments for:
Depreciation and amortisation expense 3,541.55
Net (gain)/loss on sale of non-current investments (0.97)
Income from non-current investments (87.51)

(Profit)/loss on sale of property, plant and equipment

including intangible assets (net of loss on assets 6.91
sold/discarded/written off)

Exceptional (income)/expenses 703.38

(Gain)/loss on cancellation of forwards, swaps and options 66.95

Interest income and income from current investments and
(397.86)
guarantees
Finance costs 2,688.55
Exchange (gain)/loss on revaluation of foreign currency loans 15.47
Other non cash items (332.72)
6,203.75
Operating Profit before Working Capital Changes 11,560.68
Adjustments for:
Non-current/current financial and other assets (1,076.39)
Inventories (3,093.05)
Non-current/current financial and other liabilities/provisions 5,316.27
1,146.83
Cash Generated from Operations 12,707.51
Direct tax paid (1,540.87)
Net Cash Flow from/(used in) Operating Activities 11,166.64

B. Cash Flow from Investing Activities:

Purchase of capital assets (3,212.72)
Sale of capital assets 6.80
Purchase of investments in subsidiaries(i) (100.12)
Purchase of other non-current investments (177.73)
Sale of other non-current investments 3.90
(Purchase)/sale of current investments (net) (668.19)
Loans given (31.37)
Repayment of loans given 24.90
Fixed deposits with banks (placed)/realised (6.72)
Interest and guarantee commission received 117.34
Dividend received from subsidiaries 38.14
Dividend received from associates and joint ventures 40.89
Dividend received from others 8.48
Net Cash Flow from/(used in) Investing Activities (3,956.40)
C. Cash Flow from Financing Activities:
Proceeds from issue of equity shares (net of issue expensesii) 0.01
Proceeds from borrowings 2,906.18
Repayment of borrowings (6,162.07)
Repayment of finance lease obligations (111.63)
Amount received/(paid) on utilisation/cancellation of derivative (97.22)
Distribution on hybrid perpetual securities (265.76)
Interest paid (2,624.51)
Dividend paid (776.97)
Tax on dividend paid (147.74)
Net Cash Flow from/(used in) Financing Activities (7,279.71)

Net increase/(decrease) in Cash and Cash Equivalents (69.47)

Opening Cash and Cash Equivalents 974.68

Closing Cash and Cash Equivalents 905.21

Particulars 2016-17

Net Cash Flow from/(used in) Operating Activities 11,166.64

Net Cash Flow from/(used in) Investing Activities (3,956.40)

Net Cash Flow from/(used in) Financing Activities (7,279.71)

Cash Flows - Tata Steel

Net Cash Flow from/(used in) Operat -
15,000.00 ing Activities
Net Cash Flow from/(used in) Investing
Activities

10,000.00

5,000.00

0.00
2016-17 2017-18

(5,000.00)
 0.00
2016-17 2017-18

(5,000.00)

(10,000.00)

(15,000.00)

Cash and Cash Equivalent - Tata Steel

5,000.00 4,588.89

4,500.00

4,000.00

3,500.00

3,000.00

2,500.00

2,000.00

1,500.00
905.21
1,000.00

500.00

0.00
2016-17 2017-18
TED for the year

2017-18

6,638.25 31-Mar-17 31-Mar-18

5,356.93 6,638.25
3,727.46 3,541.55 3,727.46
-
(88.57) -0.97 -

40.48
-87.51 -88.57

3,366.29
6.91 40.48
79.33 703.38 3,366.29

(788.38)
66.95 79.33
2,810.62 -397.86 -788.38
(88.17) 2,688.55 2,810.62
(588.33) 15.47 -88.17
8,470.73 -332.72 -588.33
15,108.98 11,560.68 15,108.98
-1,076.39 456.7
456.70 -3,093.05 -784.63
(784.63) 5,316.27 -487.09
(487.09) 1,146.83 -815.02
(815.02) 12,707.51 14,293.96
14,293.96 -1,540.87 -2,502.51
(2,502.51) 11,166.64 11,791.45
11,791.45 -3,212.72 -2,527.46
6.80 13.28
-100.12 -5,018.88
(2,527.46) -177.73 -
13.28 3.9 3,877.78
(5,018.88) -668.19 -8,650.92
- -31.37 -622.68
3,877.78 24.90 487.61
(8,650.92) -6.72 -13.32
(622.68) 117.34 92.67
487.61 38.14 30.31
(13.32) 40.89 41.06
92.67 8.48 17.2
30.31 -3,956.40 -12,273.35
41.06
17.20
(12,273.35)
 9,087.23 0.01 9,087.23
2,343.84 2,906.18 2,343.84
(2,850.24) -6,162.07 -2,850.24
(108.14) -111.63 -108.14
(110.72) -97.22 -110.72
(267.10) -265.76 -267.10
(2,769.66) -2,624.51 -2,769.66
(971.22) -776.97 -971.22
(188.41) -147.74 -188.41
4,165.58

3,683.68

905.21

4,588.89

2017-18

11,791.45

(12,273.35)

4,165.58

from/(used in) Operat -

from/(used in) Investing

el
FINANCIAL STATEMENT ANALYSIS OF TATA STEEL

LIQUIDITY ANALYSIS …
LIQUIDITY RATIOS 2017 2018

NET WORKING CAPITAL (Rs. Crores) (2,958.90) 9,036.57

CURRENT RATIO 0.87 1.35

QUICK RATIO 0.43 0.92

CASH TO CURRENT LIABILITIES RATIO 3.93% 17.92%

AVERAGE COLLECTION PERIOD 13.75 11.31

PROFITABILITY ANALYSIS …
PROFITABILITY RATIOS 2017 2018

PROFIT AFTER TAX (Rs. Crores) 3,444.55 4,169.55

EBIDTA (Rs. Crores) 12,290.41 16,542.62

Operating Profit Ratio 16.43% 21.18%

Net Profit Ratio 6.42% 6.80%

Return on Net Worth/Equity 6.63% 6.54%

Return on Total Assets 7.85% 10.24%

Earning Per Share (Rs.) 33.67 38.57

SOLVENCY ANALYSIS …
SOLVENCY RATIOS 2017 2018

NET WORTH (Rs. Crores) 51,934.01 63,789.84

BOOK VALUE PER SHARE (Rs.) Rs. 511.21 Rs. 536.72

Debt Equity Ratio 0.70 0.56

Equity to Total Assets Ratio 46.59% 50.99%

Interest Coverage Ratio 3.25 4.56

DU PONT ANALYSIS …
RATIOS 2017 2018

Operating Profit Ratio 16.43% 21.18%

Assets Turnover Ratio 0.478 0.484

RETURN ON ASSETS 7.85% 10.24%

MARKET PERFORMANCE ANALYSIS …

MARKET RATIOS 2017 2018

Book Value Per Share Rs. 511.21 Rs. 536.72

Market Price (March 31) Rs. 482.65 Rs. 570.90

Earning Per Share Rs. 33.67 Rs. 38.57

Dividend Per Share (Cash) Rs. 10.00 Rs. 10.00

Price Earning Ratio or P/E Ratio 14.33 14.80

Market Value to Book Value 0.944 1.064

 1-Nov-18

Rs. 556.65

14.43

1.037
 Date Close Price

1-Jan-15 404.55

2-Jan-15 410.8

5-Jan-15 416.65

6-Jan-15 396.3

7-Jan-15 389.55

8-Jan-15 394.7

9-Jan-15 399.55

12-Jan-15 397.05

13-Jan-15 391.6

14-Jan-15 376.75

15-Jan-15 384.6

16-Jan-15 382.9

19-Jan-15 384.8

20-Jan-15 402.1

21-Jan-15 396.95

22-Jan-15 402.95

23-Jan-15 402.65

27-Jan-15 398.05

28-Jan-15 390.9

29-Jan-15 389.65

30-Jan-15 390.45

2-Feb-15 383.95

3-Feb-15 380.95

4-Feb-15 388.75

5-Feb-15 379.45

6-Feb-15 369.3

9-Feb-15 347.9

10-Feb-15 357.65

11-Feb-15 365.1

12-Feb-15 365.1

13-Feb-15 366.55

16-Feb-15 369.95

18-Feb-15 367.2
19-Feb-15 375.6

20-Feb-15 374.7

23-Feb-15 367.05

24-Feb-15 359.4

25-Feb-15 351.15

26-Feb-15 345.45

27-Feb-15 351.05

28-Feb-15 355.65

2-Mar-15 352.8

3-Mar-15 353.5

4-Mar-15 347.85

5-Mar-15 343.4

9-Mar-15 336.4

10-Mar-15 332.1

11-Mar-15 325.85

12-Mar-15 333.4

13-Mar-15 326.55

16-Mar-15 326.2

17-Mar-15 332.4

18-Mar-15 331.85

19-Mar-15 336.35

20-Mar-15 328.95

23-Mar-15 331.05

24-Mar-15 327.2

25-Mar-15 322.9

26-Mar-15 315.75

27-Mar-15 315

30-Mar-15 322.4

31-Mar-15 316.85

1-Apr-15 324

6-Apr-15 318.05

7-Apr-15 333.6

8-Apr-15 336.25

9-Apr-15 345.3
10-Apr-15 342.85

13-Apr-15 344.6

15-Apr-15 337.7

16-Apr-15 337.3

17-Apr-15 345.85

20-Apr-15 344.35

21-Apr-15 348

22-Apr-15 351.15

23-Apr-15 368.7

24-Apr-15 370.15

27-Apr-15 367.95

28-Apr-15 371.35

29-Apr-15 369.25

30-Apr-15 360.5

4-May-15 361.3

5-May-15 379.2

6-May-15 367.25

7-May-15 367

8-May-15 366.2

11-May-15 376.85

12-May-15 353.15

13-May-15 359.55

14-May-15 365.65

15-May-15 363.45

18-May-15 364.05

19-May-15 368.15

20-May-15 361.35

21-May-15 342.9

22-May-15 341.55

25-May-15 332.75

26-May-15 332.85

27-May-15 328.3

28-May-15 324.65

29-May-15 328.5
1-Jun-15 329.2

2-Jun-15 321.65

3-Jun-15 316.4

4-Jun-15 308.25

5-Jun-15 311.05

8-Jun-15 302.85

9-Jun-15 304.7

10-Jun-15 305.95

11-Jun-15 298.8

12-Jun-15 297.75

15-Jun-15 297.05

16-Jun-15 294.45

17-Jun-15 305.1

18-Jun-15 303.6

19-Jun-15 304.8

22-Jun-15 310.4

23-Jun-15 313.45

24-Jun-15 304.1

25-Jun-15 302.75

26-Jun-15 298.05

29-Jun-15 295.7

30-Jun-15 304.7

1-Jul-15 306.55

2-Jul-15 304.4

3-Jul-15 300.95

6-Jul-15 298.75

7-Jul-15 297.45

8-Jul-15 283.4

9-Jul-15 280.55

10-Jul-15 280.95

13-Jul-15 284.45

14-Jul-15 281.7

15-Jul-15 280.7

16-Jul-15 281.5
17-Jul-15 284.3

20-Jul-15 284

21-Jul-15 274.65

22-Jul-15 280.35

23-Jul-15 270.3

24-Jul-15 265.1

27-Jul-15 251.4

28-Jul-15 249.35

29-Jul-15 250.65

30-Jul-15 248.35

31-Jul-15 247.3

3-Aug-15 248

4-Aug-15 256.4

5-Aug-15 262.25

6-Aug-15 261.3

7-Aug-15 262.05

10-Aug-15 261.15

11-Aug-15 246.9

12-Aug-15 249.1

13-Aug-15 233.6

14-Aug-15 237.1

17-Aug-15 246.55

18-Aug-15 251.65

19-Aug-15 249.9

20-Aug-15 241.65

21-Aug-15 237.25

24-Aug-15 206.15

25-Aug-15 214.15

26-Aug-15 215.5

27-Aug-15 225.85

28-Aug-15 228.5

31-Aug-15 225.05

1-Sep-15 216.2

2-Sep-15 219.65
3-Sep-15 229.65

4-Sep-15 218.95

7-Sep-15 215.9

8-Sep-15 228.8

9-Sep-15 239.25

10-Sep-15 240.3

11-Sep-15 233.05

14-Sep-15 241.3

15-Sep-15 229.05

16-Sep-15 230.2

18-Sep-15 228.55

21-Sep-15 226.85

22-Sep-15 220

23-Sep-15 221.1

24-Sep-15 215.4

28-Sep-15 209.45

29-Sep-15 201.35

30-Sep-15 211.9

1-Oct-15 212.15

5-Oct-15 224.5

6-Oct-15 227.15

7-Oct-15 236.8

8-Oct-15 240.5

9-Oct-15 250.75

12-Oct-15 251.15

13-Oct-15 245.2

14-Oct-15 248

15-Oct-15 255.3

16-Oct-15 252.65

19-Oct-15 248.15

20-Oct-15 240.8

21-Oct-15 244.8

23-Oct-15 246.05

26-Oct-15 249.45
27-Oct-15 245.95

28-Oct-15 247.25

29-Oct-15 247.4

30-Oct-15 246.75

2-Nov-15 238.65

3-Nov-15 236.05

4-Nov-15 235.8

5-Nov-15 225.6

6-Nov-15 220.1

9-Nov-15 222.15

10-Nov-15 217.95

11-Nov-15 220.85

13-Nov-15 222.15

16-Nov-15 229.8

17-Nov-15 234.5

18-Nov-15 225.85

19-Nov-15 228.9

20-Nov-15 229.7

23-Nov-15 224.4

24-Nov-15 224.35

26-Nov-15 227.9

27-Nov-15 231.2

30-Nov-15 230.05

1-Dec-15 237.65

2-Dec-15 243.5

3-Dec-15 240.15

4-Dec-15 240.2

7-Dec-15 243.55

8-Dec-15 234.75

9-Dec-15 226.85

10-Dec-15 232.95

11-Dec-15 240.9

14-Dec-15 245.05

15-Dec-15 244.2
16-Dec-15 244.9

17-Dec-15 256.55

18-Dec-15 255.35

21-Dec-15 258.55

22-Dec-15 257.2

23-Dec-15 263.7

24-Dec-15 263.5

28-Dec-15 254.05

29-Dec-15 255.15

30-Dec-15 258.15

31-Dec-15 259.55

1-Jan-16 257.3

4-Jan-16 257

5-Jan-16 274.1

6-Jan-16 268.5

7-Jan-16 250.1

8-Jan-16 253.7

11-Jan-16 252

12-Jan-16 246.35

13-Jan-16 247

14-Jan-16 238.7

15-Jan-16 229.9

18-Jan-16 236.25

19-Jan-16 237.95

20-Jan-16 231.7

21-Jan-16 234.55

22-Jan-16 247.1

25-Jan-16 253.85

27-Jan-16 257.55

28-Jan-16 254.4

29-Jan-16 250.05

1-Feb-16 249.4

2-Feb-16 231.5

3-Feb-16 224
4-Feb-16 226.15

5-Feb-16 234

8-Feb-16 234.45

9-Feb-16 235.55

10-Feb-16 235.65

11-Feb-16 225

12-Feb-16 217.85

15-Feb-16 246.2

16-Feb-16 244.85

17-Feb-16 251.35

18-Feb-16 250.5

19-Feb-16 253.25

22-Feb-16 255.2

23-Feb-16 253.45

24-Feb-16 247.85

25-Feb-16 248.05

26-Feb-16 248.4

29-Feb-16 249.1

1-Mar-16 256.9

2-Mar-16 267.15

3-Mar-16 286.3

4-Mar-16 288.35

8-Mar-16 291.85

9-Mar-16 295.45

10-Mar-16 296.15

11-Mar-16 294.45

14-Mar-16 296.3

15-Mar-16 299.8

16-Mar-16 299.2

17-Mar-16 295.8

18-Mar-16 302

21-Mar-16 302.9

22-Mar-16 309.45

23-Mar-16 316.6
28-Mar-16 300.05

29-Mar-16 303.9

30-Mar-16 324.4

31-Mar-16 319.5

1-Apr-16 317.7

4-Apr-16 320.2

5-Apr-16 312.1

6-Apr-16 328.45

7-Apr-16 323.95

8-Apr-16 322.25

11-Apr-16 331.15

12-Apr-16 324.15

13-Apr-16 332.6

18-Apr-16 335

20-Apr-16 356.85

21-Apr-16 354.4

22-Apr-16 353.8

25-Apr-16 347.55

26-Apr-16 358.4

27-Apr-16 356.6

28-Apr-16 347.7

29-Apr-16 350.55

2-May-16 346.8

3-May-16 348.45

4-May-16 328.95

5-May-16 332

6-May-16 329.45

9-May-16 329.05

10-May-16 327.95

11-May-16 329

12-May-16 330.8

13-May-16 323

16-May-16 326.35

17-May-16 326.95
18-May-16 328.9

19-May-16 326.1

20-May-16 322.9

23-May-16 313.6

24-May-16 317.6

25-May-16 324.35

26-May-16 325

27-May-16 329

30-May-16 323.1

31-May-16 334.45

1-Jun-16 332.15

2-Jun-16 340.65

3-Jun-16 338.65

6-Jun-16 337.7

7-Jun-16 342.85

8-Jun-16 341.5

9-Jun-16 342.05

10-Jun-16 334.95

13-Jun-16 323.8

14-Jun-16 325

15-Jun-16 329.9

16-Jun-16 330.05

17-Jun-16 325.5

20-Jun-16 336.15

21-Jun-16 333.85

22-Jun-16 332

23-Jun-16 333.75

24-Jun-16 312.5

27-Jun-16 310.35

28-Jun-16 311.45

29-Jun-16 313.45

30-Jun-16 321.9

1-Jul-16 327.35

4-Jul-16 331.2
 5-Jul-16 334.1

7-Jul-16 317.65

8-Jul-16 318.6

11-Jul-16 327.25

12-Jul-16 342.4

13-Jul-16 357.7

14-Jul-16 359.2

15-Jul-16 372.85

18-Jul-16 365.6

19-Jul-16 370.25

20-Jul-16 368.45

21-Jul-16 362.3

22-Jul-16 365.3

25-Jul-16 363.8

26-Jul-16 367.65

27-Jul-16 362.9

28-Jul-16 350.3

29-Jul-16 354.75

1-Aug-16 364.35

2-Aug-16 361.9

3-Aug-16 357.6

4-Aug-16 374.05

5-Aug-16 380.9

8-Aug-16 379.55

9-Aug-16 375.45

10-Aug-16 370.15

11-Aug-16 368.5

12-Aug-16 374.8

16-Aug-16 379.2

17-Aug-16 391.35

18-Aug-16 387.2

19-Aug-16 392.3

22-Aug-16 387.45

23-Aug-16 385.45
24-Aug-16 380.15

25-Aug-16 372.4

26-Aug-16 369.85

29-Aug-16 373.1

30-Aug-16 377.8

31-Aug-16 370.45

1-Sep-16 373.8

2-Sep-16 373.7

6-Sep-16 385.85

7-Sep-16 389.95

8-Sep-16 402.9

9-Sep-16 394.5

12-Sep-16 373.6

14-Sep-16 373.75

15-Sep-16 366.9

16-Sep-16 359.05

19-Sep-16 361.55

20-Sep-16 365.45

21-Sep-16 369.3

22-Sep-16 376.3

23-Sep-16 371.9

26-Sep-16 370.4

27-Sep-16 367.85

28-Sep-16 379.8

29-Sep-16 367.85

30-Sep-16 374.4

3-Oct-16 382.85

4-Oct-16 390.1

5-Oct-16 390.35

6-Oct-16 389.3

7-Oct-16 406.4

10-Oct-16 417.4

13-Oct-16 413.85

14-Oct-16 411.9
17-Oct-16 410.7

18-Oct-16 424.9

19-Oct-16 425.45

20-Oct-16 428.45

21-Oct-16 427.3

24-Oct-16 426.2

25-Oct-16 415.5

26-Oct-16 398.85

27-Oct-16 397.1

28-Oct-16 404.45

30-Oct-16 404.65

1-Nov-16 417.7

2-Nov-16 413.65

3-Nov-16 403.3

4-Nov-16 403.05

7-Nov-16 411.5

8-Nov-16 408.6

9-Nov-16 399.8

10-Nov-16 436.85

11-Nov-16 426.85

15-Nov-16 393.55

16-Nov-16 391.75

17-Nov-16 392.95

18-Nov-16 385.1

21-Nov-16 371.55

22-Nov-16 378

23-Nov-16 392.35

24-Nov-16 398.25

25-Nov-16 407.7

28-Nov-16 407.1

29-Nov-16 409.05

30-Nov-16 414.95

1-Dec-16 409.7

2-Dec-16 406.4
5-Dec-16 413.55

6-Dec-16 418.35

7-Dec-16 412.5

8-Dec-16 431.55

9-Dec-16 430.3

12-Dec-16 424

13-Dec-16 420.65

14-Dec-16 417.55

15-Dec-16 419.15

16-Dec-16 414.1

19-Dec-16 411

20-Dec-16 403.9

21-Dec-16 404.9

22-Dec-16 392.4

23-Dec-16 390.75

26-Dec-16 380.45

27-Dec-16 392.75

28-Dec-16 388.3

29-Dec-16 392.45

30-Dec-16 391.1

2-Jan-17 405.95

3-Jan-17 403.15

4-Jan-17 405.1

5-Jan-17 419.15

6-Jan-17 419.7

9-Jan-17 422.05

10-Jan-17 430.9

11-Jan-17 448.1

12-Jan-17 447.75

13-Jan-17 446.4

16-Jan-17 458.4

17-Jan-17 454.2

18-Jan-17 467.6

19-Jan-17 467.1
20-Jan-17 454.6

23-Jan-17 461.65

24-Jan-17 464.25

25-Jan-17 468.95

27-Jan-17 469.25

30-Jan-17 461.95

31-Jan-17 462.4

1-Feb-17 473.35

2-Feb-17 476.5

3-Feb-17 471.95

6-Feb-17 472.6

7-Feb-17 473.25

8-Feb-17 470.7

9-Feb-17 459.9

10-Feb-17 467.75

13-Feb-17 472.5

14-Feb-17 472.25

15-Feb-17 460.1

16-Feb-17 469.8

17-Feb-17 467.95

20-Feb-17 486.7

21-Feb-17 490.6

22-Feb-17 483.3

23-Feb-17 485.1

27-Feb-17 480.85

28-Feb-17 482.65

1-Mar-17 500.3

2-Mar-17 495.05

3-Mar-17 495

6-Mar-17 492.95

7-Mar-17 482

8-Mar-17 472.9

9-Mar-17 469.5

10-Mar-17 467.8
14-Mar-17 472.7

15-Mar-17 478.55

16-Mar-17 499.15

17-Mar-17 502.05
20-Mar-17 496.75
21-Mar-17 496.6
22-Mar-17 488.75
23-Mar-17 495.45
24-Mar-17 493.2
27-Mar-17 477.65
28-Mar-17 479.9
29-Mar-17 483.35
30-Mar-17 478.15
31-Mar-17 482.65
3-Apr-17 485.35
5-Apr-17 493.35
6-Apr-17 501.65
7-Apr-17 492.9
10-Apr-17 495.45
11-Apr-17 488.3
12-Apr-17 477.95
13-Apr-17 464
17-Apr-17 462.05
18-Apr-17 450.25
19-Apr-17 451.45
20-Apr-17 454
21-Apr-17 450.9
24-Apr-17 450.95
25-Apr-17 453.95
26-Apr-17 454.25
27-Apr-17 445.75
28-Apr-17 448.85
2-May-17 445.25
3-May-17 440.65
4-May-17 442.65
5-May-17 433
8-May-17 432
9-May-17 433.45
10-May-17 437.9
11-May-17 440.4
12-May-17 436.75
15-May-17 455.75
16-May-17 457
17-May-17 493.35
18-May-17 486.8
19-May-17 489.4
22-May-17 486.6
23-May-17 490.4
24-May-17 482.95
25-May-17 485.3
26-May-17 511.8
29-May-17 507.8
30-May-17 510.7
31-May-17 504.9
1-Jun-17 497.9
2-Jun-17 491.6
5-Jun-17 491.2
6-Jun-17 490
7-Jun-17 491.05
8-Jun-17 498.95
9-Jun-17 506.3
12-Jun-17 507.35
13-Jun-17 508.6
14-Jun-17 502.85
15-Jun-17 502.65
16-Jun-17 502.1
19-Jun-17 519.3
20-Jun-17 522.2
21-Jun-17 517.65
22-Jun-17 514.55
23-Jun-17 507.4
27-Jun-17 510.45
28-Jun-17 519.9
29-Jun-17 534.7
30-Jun-17 544.35
3-Jul-17 549.4
4-Jul-17 546.35
5-Jul-17 549.75
6-Jul-17 554.35
7-Jul-17 553.8
10-Jul-17 559.2
11-Jul-17 557.05
12-Jul-17 558.85
13-Jul-17 563
14-Jul-17 559.5
17-Jul-17 558.85
18-Jul-17 562.8
19-Jul-17 571
20-Jul-17 555.9
21-Jul-17 552.6
24-Jul-17 547.45
25-Jul-17 553.1
26-Jul-17 565.4
27-Jul-17 561
28-Jul-17 551.6
31-Jul-17 567.55
1-Aug-17 572
2-Aug-17 567.95
3-Aug-17 559.55
4-Aug-17 575.5
7-Aug-17 600
8-Aug-17 615.75
9-Aug-17 605
10-Aug-17 604.55
11-Aug-17 596.15
14-Aug-17 621.25
16-Aug-17 629.75
17-Aug-17 625.85
18-Aug-17 625.4
21-Aug-17 621.95
22-Aug-17 619.3
23-Aug-17 633.4
24-Aug-17 638.95
28-Aug-17 636.7
29-Aug-17 630.15
30-Aug-17 638.65
31-Aug-17 638
1-Sep-17 649.9
4-Sep-17 646.1
5-Sep-17 651.05
6-Sep-17 651.45
7-Sep-17 654.55
8-Sep-17 655.5
11-Sep-17 661.3
12-Sep-17 683.15
13-Sep-17 679.7
14-Sep-17 677.65
15-Sep-17 679.3
18-Sep-17 673.05
19-Sep-17 676.55
20-Sep-17 687.65
21-Sep-17 686.85
22-Sep-17 654.55
25-Sep-17 640.15
26-Sep-17 654.15
27-Sep-17 648.35
28-Sep-17 649.95
29-Sep-17 651.05
3-Oct-17 660.65
4-Oct-17 658.7
5-Oct-17 660.2
6-Oct-17 691.4
9-Oct-17 697.15
10-Oct-17 690.65
11-Oct-17 681
12-Oct-17 690.85
13-Oct-17 710.6
16-Oct-17 715.4
17-Oct-17 712.45
18-Oct-17 709.35
19-Oct-17 704.4
23-Oct-17 711.35
24-Oct-17 719.4
25-Oct-17 717.1
26-Oct-17 729.45
27-Oct-17 726.25
30-Oct-17 718.8
31-Oct-17 703.65
1-Nov-17 707.05
2-Nov-17 706
3-Nov-17 708.9
6-Nov-17 708.75
7-Nov-17 692.55
8-Nov-17 691.8
9-Nov-17 703.3
10-Nov-17 701.45
13-Nov-17 690.85
14-Nov-17 685.2
15-Nov-17 678.05
16-Nov-17 686.65
17-Nov-17 701.35
20-Nov-17 700.7
21-Nov-17 711.25
22-Nov-17 711.6
23-Nov-17 711.25
24-Nov-17 707.75
27-Nov-17 701.85
28-Nov-17 704.25
29-Nov-17 709.3
30-Nov-17 695.15
1-Dec-17 680.7
4-Dec-17 687.7
5-Dec-17 675.95
6-Dec-17 668.05
7-Dec-17 687.9
8-Dec-17 696.85
11-Dec-17 700
12-Dec-17 689.2
13-Dec-17 682.1
14-Dec-17 685.85
15-Dec-17 694.95
18-Dec-17 704.7
19-Dec-17 710.3
20-Dec-17 702.55
21-Dec-17 715.5
22-Dec-17 710.6
26-Dec-17 721.4
27-Dec-17 721.8
28-Dec-17 734.65
29-Dec-17 732.45
1-Jan-18 723.7
2-Jan-18 729.1
3-Jan-18 733.3
4-Jan-18 760.75
5-Jan-18 770.3
8-Jan-18 768.95
9-Jan-18 772.3
10-Jan-18 771.85
11-Jan-18 771.6
12-Jan-18 771.05
15-Jan-18 783.2
16-Jan-18 766.3
17-Jan-18 774.25
18-Jan-18 751.85
19-Jan-18 751.65
22-Jan-18 752.1
23-Jan-18 780.05
24-Jan-18 763.4
25-Jan-18 769
29-Jan-18 782.75
30-Jan-18 775.55
31-Jan-18 705.05
1-Feb-18 696.3
2-Feb-18 669.7
5-Feb-18 664.55
6-Feb-18 664.95
7-Feb-18 660.55
8-Feb-18 671.35
9-Feb-18 683.65
12-Feb-18 712.5
14-Feb-18 708.35
15-Feb-18 699.85
16-Feb-18 688.3
19-Feb-18 648.25
20-Feb-18 650.75
21-Feb-18 640.55
22-Feb-18 637.85
23-Feb-18 677.8
26-Feb-18 680.25
27-Feb-18 671.85
28-Feb-18 671.7
1-Mar-18 675.3
5-Mar-18 655.35
6-Mar-18 660.5
7-Mar-18 648
8-Mar-18 635.2
9-Mar-18 605.6
12-Mar-18 622.7
13-Mar-18 628.3
14-Mar-18 620.45
15-Mar-18 611.4
16-Mar-18 600.5
19-Mar-18 575.05
20-Mar-18 593.3
21-Mar-18 582.35
22-Mar-18 580.55
23-Mar-18 566.6
26-Mar-18 582.45
27-Mar-18 590.05
28-Mar-18 570.9
2-Apr-18 578.55
3-Apr-18 579.5
4-Apr-18 560.45
5-Apr-18 581
6-Apr-18 586.35
9-Apr-18 586.55
10-Apr-18 601.7
11-Apr-18 607.7
12-Apr-18 598.55
13-Apr-18 595.3
16-Apr-18 592.4
17-Apr-18 595.85
18-Apr-18 601.5
19-Apr-18 620.55
20-Apr-18 606.35
23-Apr-18 605.7
24-Apr-18 598.25
25-Apr-18 586.2
26-Apr-18 579.05
27-Apr-18 589.65
30-Apr-18 594.7
2-May-18 575.05
3-May-18 585.65
4-May-18 581.3
7-May-18 595.95
8-May-18 596.15
9-May-18 602.45
10-May-18 593.75
11-May-18 606.65
14-May-18 610.1
15-May-18 624.05
16-May-18 622.05
17-May-18 610.05
18-May-18 591.5
21-May-18 576.9
22-May-18 577.2
23-May-18 539.25
24-May-18 548.4
25-May-18 567.2
28-May-18 575.6
29-May-18 575.25
30-May-18 578.1
31-May-18 575.45
1-Jun-18 560.35
4-Jun-18 566.95
5-Jun-18 571.95
6-Jun-18 579.7
7-Jun-18 601.35
8-Jun-18 599.5
11-Jun-18 588.75
12-Jun-18 579.8
13-Jun-18 567.5
14-Jun-18 569.4
15-Jun-18 565.95
18-Jun-18 558.7
19-Jun-18 554.85
20-Jun-18 563.3
21-Jun-18 558.2
22-Jun-18 560.45
25-Jun-18 558.5
26-Jun-18 549.35
27-Jun-18 543.25
28-Jun-18 548.05
29-Jun-18 567.85
2-Jul-18 560.95
3-Jul-18 566.5
4-Jul-18 568.9
5-Jul-18 553.5
6-Jul-18 554.15
9-Jul-18 556.85
10-Jul-18 568.6
11-Jul-18 555.85
12-Jul-18 556.3
13-Jul-18 558.15
16-Jul-18 519.3
17-Jul-18 532.5
18-Jul-18 504.7
19-Jul-18 499.75
20-Jul-18 503.45
23-Jul-18 516.85
24-Jul-18 526.7
25-Jul-18 534.55
26-Jul-18 534.95
27-Jul-18 549.45
30-Jul-18 552.6
31-Jul-18 562.85
1-Aug-18 554.65
2-Aug-18 554.5
3-Aug-18 555.1
6-Aug-18 553.4
7-Aug-18 573.4
8-Aug-18 577.65
9-Aug-18 585.1
10-Aug-18 575.55
13-Aug-18 569.2
14-Aug-18 578.9
16-Aug-18 568.1
17-Aug-18 580.6
20-Aug-18 599.4
21-Aug-18 582.25
23-Aug-18 571.5
24-Aug-18 575.45
27-Aug-18 581.05
28-Aug-18 589.35
29-Aug-18 594.05
30-Aug-18 608.3
31-Aug-18 601.65
3-Sep-18 600.5
4-Sep-18 593.05
5-Sep-18 593.9
6-Sep-18 600.45
7-Sep-18 619
10-Sep-18 613.5
11-Sep-18 592.3
12-Sep-18 605.5
14-Sep-18 615.35
17-Sep-18 615.65
18-Sep-18 612.45
19-Sep-18 620.45
21-Sep-18 624.55
24-Sep-18 606.6
25-Sep-18 599.95
26-Sep-18 609.05
27-Sep-18 609.9
28-Sep-18 580.35
1-Oct-18 583.5
3-Oct-18 579.7
4-Oct-18 581.9
5-Oct-18 569.55
8-Oct-18 559.8
9-Oct-18 572.3
10-Oct-18 583.05
11-Oct-18 556.25
12-Oct-18 574.95
15-Oct-18 571
16-Oct-18 574.1
17-Oct-18 554.65
19-Oct-18 553.6
22-Oct-18 544.95
23-Oct-18 546.1
24-Oct-18 549.8
25-Oct-18 546.55
26-Oct-18 551.1
29-Oct-18 573.6
30-Oct-18 565.1
31-Oct-18 552.4
1-Nov-18 556.65
 Close Price - Tata Steel
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1-Jan-15 1-Apr-15 1-Jul-15 1-Oct-15 1-Jan-16 1-Apr-16 1-Jul-16 1-Oct-16 1-Jan-17 1-Apr-17 1-Jul-17 1-Oct-17 1-Jan-18 1-Apr-18 1-Jul-18 1-Oct-18