Tata Steel Limited, a member of the Tata Group, is an Indian multinational steel manufacturer. The company’s operations are based in Jamshedpur, Jharkhand, with its headquarters located in Mumbai, Maharashtra. The business has been supplying customers all over the world with high-quality steel products and has a significant presence in Asia, Europe, and Africa. The share price target for Tata Steel Ltd. from 2024 to 2030 will be examined in this article.
We will examine the business’s five-year financial performance, including sales growth, profit growth, and PAT. We’ll also assess Tata Steel Ltd’s potential for future growth and decide whether it’s a worthwhile investment. Now let’s delve in and investigate Tata Steel Ltd’s potential as a source of investment.
Below are the trading platforms that you can use to purchase Tata Steel shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Tata Steel Q4 Results: Net Profit Plummets 64%, Revenue Declines 6.7% Amidst Increased Sales and Strategic Investments
- Net Profit Decline: Tata Steel’s Q4 net profit declined by 64 percent to ₹611.48 crore, down from ₹1,704.86 crore in the same quarter of the previous year.
- Revenue Drop: Consolidated revenue from operations fell by 6.7 percent to ₹58,687.3 crore, compared to ₹62,961.5 crore in the year-ago period.
- Reasons for Decline: The decrease in profit was primarily due to lower steel realizations and underperformance in international operations.
- Higher Sales: Despite the profit decline, Tata Steel saw higher sales driven by increased dispatches in domestic markets, particularly in auto grade and special grade steel, and higher volumes from branded and retail segments.
- EBITDA Performance: The company’s EBITDA for the quarter was ₹6,631 crore, which was seven percent above Jefferies’ estimates.
- Subsidiary Infusion: Tata Steel approved a proposal to infuse up to $2.11 billion (₹17,407.50 crore) into its wholly-owned subsidiary T Steel Holdings (TSHP) Singapore to repay debt and support restructuring costs at Tata Steel UK.
- Electric Arc Furnace Investment: Last month, Tata Steel announced a £1.25-billion investment to build an electric arc furnace in Port Talbot, aiming to replace two blast furnaces and close existing heavy end assets in the upcoming months.
| When | Maximum Price | Minimum Price |
| June 2024 | 171.20 | 148.87 |
| July 2024 | 169.49 | 147.38 |
| August 2024 | 176.27 | 153.28 |
| September 2024 | 183.32 | 159.41 |
| October 2024 | 179.73 | 156.29 |
| November 2024 | 186.92 | 162.54 |
| December 2024 | 188.79 | 164.16 |
In June 2024, TATA Steel shares are projected to reach a maximum price of 171.20 and a minimum price of 148.87. Moving into July, the maximum and minimum prices are expected to be 169.49 and 147.38, respectively. As the year progresses, August may see TATA Steel shares hitting a maximum of 176.27 and a minimum of 153.28. September could witness a further increase, with maximum and minimum prices reaching 183.32 and 159.41. By October, TATA Steel’s shares are forecasted to trade between 179.73 and 156.29, followed by a potential rise in November to a maximum of 186.92 and a minimum of 162.54. Finally, December might see the highest projected prices for the year, with TATA Steel shares expected to range between 188.79 and 164.16.
| When | Maximum Price | Minimum Price |
| January 2025 | 190.67 | 146.67 |
| February 2025 | 192.60 | 148.15 |
| March 2025 | 196.64 | 151.27 |
| April 2025 | 194.70 | 149.77 |
| May 2025 | 189.03 | 145.41 |
| June 2025 | 197.53 | 151.95 |
| July 2025 | 193.66 | 148.97 |
| August 2025 | 199.65 | 153.58 |
| September 2025 | 202.05 | 155.42 |
| October 2025 | 207.30 | 159.46 |
| November 2025 | 212.48 | 163.45 |
| December 2025 | 222.04 | 170.80 |
January 2025, TATA Steel shares are expected to range between ₹190.67 and ₹146.67. In February, prices might fall between ₹192.60 and ₹148.15. March is projected to see a range of ₹196.64 to ₹151.27. April’s forecast suggests prices between ₹194.70 and ₹149.77. By May, anticipate prices between ₹189.03 and ₹145.41. June could see a rise to ₹197.53 and a low of ₹151.95. July might range from ₹193.66 to ₹148.97. In August, prices might range between ₹199.65 and ₹153.58. September’s projection is from ₹202.05 to ₹155.42. October could witness a rise to ₹207.30 and a low of ₹159.46. By November, the range could extend from ₹212.48 to ₹163.45. Finally, December is expected to peak at ₹222.04 and fall to ₹170.80.
| When | Maximum Price | Minimum Price |
| January 2026 | 228.70 | 175.93 |
| February 2026 | 222.99 | 171.53 |
| March 2026 | 227.45 | 174.96 |
| April 2026 | 232.09 | 178.53 |
| May 2026 | 229.79 | 176.76 |
| June 2026 | 235.53 | 181.18 |
| July 2026 | 230.92 | 177.63 |
| August 2026 | 238.06 | 183.12 |
| September 2026 | 242.82 | 186.78 |
| October 2026 | 249.13 | 191.64 |
| November 2026 | 255.36 | 196.43 |
| December 2026 | 261.74 | 201.34 |
| When | Maximum Price | Minimum Price |
| January 2027 | 264.36 | 203.36 |
| February 2027 | 271.14 | 208.57 |
| March 2027 | 281.72 | 216.70 |
| April 2027 | 276.19 | 212.45 |
| May 2027 | 268.15 | 206.27 |
| June 2027 | 280.21 | 215.55 |
| July 2027 | 274.72 | 211.32 |
| August 2027 | 283.22 | 217.86 |
| September 2027 | 293.13 | 225.48 |
| October 2027 | 300.75 | 231.35 |
| November 2027 | 308.27 | 237.13 |
| December 2027 | 315.97 | 243.06 |
| When | Maximum Price | Minimum Price |
| January 2028 | 322.29 | 247.92 |
| February 2028 | 330.56 | 254.28 |
| March 2028 | 343.45 | 264.19 |
| April 2028 | 336.72 | 259.01 |
| May 2028 | 326.91 | 251.47 |
| June 2028 | 341.62 | 262.78 |
| July 2028 | 334.92 | 257.63 |
| August 2028 | 345.28 | 265.60 |
| September 2028 | 357.36 | 274.90 |
| October 2028 | 366.66 | 282.04 |
| November 2028 | 375.82 | 289.09 |
| December 2028 | 385.22 | 296.32 |
| When | Maximum Price | Minimum Price |
| January 2029 | 392.92 | 302.25 |
| February 2029 | 403.00 | 310.00 |
| March 2029 | 418.71 | 322.09 |
| April 2029 | 410.50 | 315.77 |
| May 2029 | 398.55 | 306.57 |
| June 2029 | 416.48 | 320.37 |
| July 2029 | 408.32 | 314.09 |
| August 2029 | 420.94 | 323.80 |
| September 2029 | 435.68 | 335.14 |
| October 2029 | 447.00 | 343.85 |
| November 2029 | 458.18 | 352.45 |
| December 2029 | 469.63 | 361.26 |
| When | Maximum Price | Minimum Price |
| January 2030 | 479.03 | 368.48 |
| February 2030 | 491.31 | 377.93 |
| March 2030 | 510.47 | 392.67 |
| April 2030 | 500.46 | 384.97 |
| May 2030 | 485.88 | 373.76 |
| June 2030 | 507.75 | 390.58 |
| July 2030 | 497.79 | 382.92 |
| August 2030 | 513.19 | 394.76 |
| September 2030 | 531.15 | 408.58 |
| October 2030 | 544.96 | 419.20 |
| November 2030 | 558.59 | 429.68 |
| December 2030 | 572.55 | 440.42 |
In 2030, TATA Steel shares are projected to fluctuate, with the maximum price anticipated to range from ₹479.03 in January to ₹572.55 in December, while the minimum price is expected to vary between ₹368.48 in January and ₹440.42 in December. Throughout the year, prices are forecasted to experience fluctuations, influenced by various market factors and the company’s performance. Investors will need to monitor market conditions closely to make informed decisions regarding TATA Steel shares.
Financial Condition of Tata Steel: Last 5 years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
| Sales + | 139,817 | 156,294 | 243,959 | 243,353 | 229,171 |
| Expenses + | 122,354 | 125,790 | 180,469 | 211,053 | 206,923 |
| Operating Profit | 17,463 | 30,504 | 63,490 | 32,300 | 22,248 |
| OPM % | 12% | 20% | 26% | 13% | 10% |
| Other Income + | -2,884 | 180 | 1,300 | 1,569 | -6,005 |
| Interest | 7,533 | 7,607 | 5,462 | 6,299 | 7,508 |
| Depreciation | 8,441 | 9,234 | 9,101 | 9,335 | 9,882 |
| Profit before tax | -1,395 | 13,844 | 50,227 | 18,235 | -1,147 |
| Tax % | 184% | 41% | 17% | 56% | -328% |
| Net Profit + | 1,174 | 8,190 | 41,749 | 8,075 | -4,910 |
| EPS in Rs | 1.38 | 6.26 | 32.88 | 7.17 | -3.55 |
| Dividend Payout % | 74% | 40% | 16% | 50% | -101% |
- Sales Growth: From March 2020 to March 2024, the company’s sales experienced fluctuations. After reaching a peak of ₹243,959 crores in March 2022, sales declined to ₹229,171 crores in March 2024.
- Operating Profit: The operating profit witnessed substantial growth from ₹17,463 crores in March 2020 to ₹63,490 crores in March 2022. However, it declined to ₹22,248 crores in March 2024.
- Other Income: Other income fluctuated over the years, with significant positive spikes in March 2022 and March 2023, but a substantial negative value of ₹6,005 crores in March 2024.
- Interest and Depreciation: Both interest and depreciation expenses remained relatively stable over the period, with minor fluctuations.
- Profit Before Tax (PBT): The company reported losses in March 2020 and March 2024, but saw significant growth in PBT in March 2022, reaching ₹50,227 crores.
- Tax Percentage: The tax percentage varied notably, ranging from a high of 184% in March 2020 to a negative percentage in March 2024, indicating unusual financial circumstances.
- Net Profit: Despite fluctuations, the net profit showed substantial growth, peaking at ₹41,749 crores in March 2022, but dropping to a loss of ₹4,910 crores in March 2024.
- Earnings Per Share (EPS): EPS followed a similar trend to net profit, with significant growth in March 2022 and a negative value in March 2024.
- Dividend Payout Percentage: The dividend payout percentage also varied, with the company paying out dividends in March 2020, March 2021, and March 2022, but reporting a negative payout in March 2024.
FAQS
As of June 2nd, 2024, the current share price of TATA Steel is approximately 167 INR.
While TATA Steel’s share price can reach 500 INR by 2025, it is difficult to predict with certainty as it depends on various factors such as market conditions and company performance. According to our analysis, Tata Steel should reach Rs. 500 by 2030.
Factors such as increasing demand for steel, expanding global markets, government initiatives, and efficient operations can contribute to TATA Steel’s share price growth.
Risks associated with investing in TATA Steel’s shares include fluctuations in steel prices, global economic conditions, competition from other steel producers, and environmental regulations.
TATA Steel is investing in various upcoming projects, including the expansion of its Kalinganagar plant, which could contribute to the company’s future growth and impact its share price.
According to our analysis, Tata Steel in 2030 is expected to trade in between ₹368.48 and ₹ 572.55.
Check Price targets of other Tata Companies:
- Tata Motors Share Price Target 2024, 2025, 2026 till 2030, 2040, 2050
- TATA Communication Share Price Target 2024, 2025 TO 2030
- Tata Elxsi Share Price Target 2024, 2025 to 2030: Can TATAELXSI touch 15,000 INR?
Conclusion
Tata Steel’s financial performance over the past five years has demonstrated resilience and growth, with noteworthy improvements in sales and profits. The share price projections from 2024 to 2030 indicate a potential for upward movement, offering promising opportunities for long-term investors. The company’s commitment to shareholder value through consistent dividend payouts reflects stability and a focus on rewarding investors. While acknowledging inherent risks, Tata Steel appears well-positioned for future growth, making it an appealing prospect for those considering investments in the steel industry. Investors should stay vigilant, conducting thorough research and monitoring market trends to make informed decisions.
Please note: The article “Tata Steel price target 2024 to 2030′ is not a recommendation. Please use it for educational purposes only and consult a financial advisor before investing in Tata Steel.
What did we learn?
- 1 How to Purchase Tata Steel Shares?
- 2 Tata Steel Q4 Results: Net Profit Plummets 64%, Revenue Declines 6.7% Amidst Increased Sales and Strategic Investments
- 3 Tata Steel Share Price Prediction: 2024 to 2030
- 4 Financial Condition of Tata Steel: Last 5 years
- 5 FAQS
- 5.1 What is the current share price of TATA Steel?
- 5.2 Can TATA Steel’s share price reach 500 INR by 2025?
- 5.3 What are some factors that could contribute to TATA Steel’s share price growth?
- 5.4 What are some risks associated with investing in TATA Steel’s shares?
- 5.5 What are some upcoming projects of TATA Steel that could impact its share price?
- 5.6 What is Tata Steel’s share price target for 2030?
- 6 Conclusion
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