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.
TATA Steel Q3 FY24 results
Financials (Q3 FY24):
Net Profit: Rs 522.14 crore (turnaround from Rs 2,501.95 crore loss)
Revenue: Rs 55,311.9 crore (3.1% dip)
EBITDA: Rs 6,263.6 crore (54.7% increase), Margin: 11.3%
Operations:
Steel Production: 5.35 million tonnes (7% increase)
Deliveries: 4.88 million tonnes (slight increase)
Segments:
India: Stable revenues at ₹35,011 crore, improved in key segments.
UK: Revenues £603 million, EBITDA loss £159 million.
Netherlands: Revenues £1,239 million, EBITDA loss £117 million.
Financial Position:
Net Debt: ₹77,405 crore
Liquidity: ₹23,349 crore (₹10,825 crore cash & equivalents)
CEO’s Comments:
Improved Tata Steel India margins due to higher deliveries.
Emphasis on transitioning to an economically and environmentally sustainable future.
Below are the trading platforms that you can use to purchase Tata Steel shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Recommended Broker: Paytm Money
| When | Maximum Price | Minimum Price |
| January 2024 | ₹149.88 | ₹130.33 |
| February 2024 | ₹152.94 | ₹132.99 |
| March 2024 | ₹156.06 | ₹135.70 |
| April 2024 | ₹151.51 | ₹131.75 |
| May 2024 | ₹149.27 | ₹129.80 |
| June 2024 | ₹154.65 | ₹134.48 |
| July 2024 | ₹153.10 | ₹133.13 |
| August 2024 | ₹159.22 | ₹138.46 |
| September 2024 | ₹165.59 | ₹143.99 |
| October 2024 | ₹162.35 | ₹141.17 |
| November 2024 | ₹167.22 | ₹145.41 |
| December 2024 | ₹171.40 | ₹149.04 |
In 2024, Tata Steel’s share price is projected to experience a dynamic range. From January to December, the anticipated fluctuation ranges between ₹130.33 and ₹171.40. Investors should closely monitor the market trends and company performance throughout the year.
With a potential maximum price of ₹171.40 in December 2024, Tata Steel’s stock may offer opportunities for those keen on navigating the evolving financial landscape. This forecast provides a comprehensive outlook for stakeholders considering the company’s performance in the coming year.
| When | Maximum Price | Minimum Price |
| January 2025 | ₹174.83 | ₹134.48 |
| February 2025 | ₹179.31 | ₹137.93 |
| March 2025 | ₹186.30 | ₹143.31 |
| April 2025 | ₹182.65 | ₹140.50 |
| May 2025 | ₹177.33 | ₹136.41 |
| June 2025 | ₹185.31 | ₹142.54 |
| July 2025 | ₹181.67 | ₹139.75 |
| August 2025 | ₹187.29 | ₹144.07 |
| September 2025 | ₹193.85 | ₹149.11 |
| October 2025 | ₹198.89 | ₹152.99 |
| November 2025 | ₹203.86 | ₹156.82 |
| December 2025 | ₹208.96 | ₹160.74 |
In 2025, Tata Steel’s share price is anticipated to display a robust performance, with projections ranging from ₹134.48 to ₹208.96. Investors can expect a dynamic market throughout the year, with potential growth opportunities.
The stock is predicted to reach its peak in December 2025, hitting a maximum price of ₹208.96. As stakeholders navigate the financial landscape, staying attuned to market trends and the company’s performance will be crucial for making informed investment decisions.
| Year | Maximum Price | Minimum Price |
| 2026 | ₹219.41 | ₹153.58 |
| 2027 | ₹241.35 | ₹168.94 |
| 2028 | ₹337.88 | ₹168.94 |
| 2029 | ₹292.54 | ₹146.27 |
| 2030 | ₹380.30 | ₹266.21 |
Over the next five years, Tata Steel’s share price is poised for substantial growth, ranging from ₹153.58 to ₹380.30. Projections indicate an upward trajectory, with the maximum price reaching ₹337.88 in 2028. Investors can anticipate dynamic opportunities as the company navigates evolving market conditions. This forecast suggests a promising outlook for stakeholders considering Tata Steel as a long-term investment option between 2026 and 2030.
Financial Condition of Tata Steel: Last 5 years
| Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|
| Sales (In Cr INR) | 157,669 | 148,972 | 156,477 | 243,959 | 243,353 |
| Expenses (In Cr INR) |
128,351 | 131,144 | 125,973 | 180,469 | 211,053 |
| Operating Profit (In Cr INR) |
29,318 | 17,828 | 30,504 | 63,490 | 32,300 |
| OPM % | 19% | 12% | 19% | 26% | 13% |
| Other Income (In Cr INR) |
1,524 | -2,920 | 180 | 1,300 | 1,569 |
| Interest (In Cr INR) |
7,660 | 7,581 | 7,607 | 5,462 | 6,299 |
| Depreciation (In Cr INR) |
7,342 | 8,708 | 9,234 | 9,101 | 9,335 |
| Profit before tax (In Cr INR) |
15,841 | -1,380 | 13,844 | 50,227 | 18,235 |
| Tax % | 42% | 185% | 41% | 17% | 56% |
| Net Profit (In Cr INR) |
9,122 | 1,172 | 8,190 | 41,749 | 8,075 |
| EPS in Rs | 9.07 | 1.38 | 6.26 | 32.88 | 7.17 |
| Dividend Payout % | 15% | 74% | 40% | 16% | 50% |
Over the last five years, Tata Steel’s financial performance has seen more growth than losses.
In the fiscal year ending March 2019, the company reported sales of 157,669 crores INR, with an operating profit of 29,318 crores INR and a net profit of 9,122 crores INR.
However, in the following year, the company faced challenges as sales declined to 148,972 crores INR, resulting in a decrease in operating profit and a net profit of 1,172 crores INR.
By March 2021, Tata Steel rebounded with sales of 156,477 crores INR and a net profit of 8,190 crores INR.
In the fiscal year ending March 2022, the company witnessed a significant improvement in its financial performance, with sales soaring to 243,959 crores INR and a net profit of 41,749 crores INR.
However, in the most recent fiscal year ending March 2023, Tata Steel experienced a slight decline in sales to 243,353 crores INR and a net profit of 8,075 crores INR. Despite the fluctuations, the company has maintained a dividend payout ranging from 15% to 74% during this period, indicating a commitment to returning value to its shareholders.
FAQS
As of January 25th, 2024, the current share price of TATA Steel is approximately 135 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 2035.
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.
What is TATA Steel’s revenue growth in the last five years?
Tata Steel’s revenue has shown a significant upward trajectory over the last five years, increasing from 157,669 crores INR in March 2019 to 243,353 crores INR in March 2023, reflecting substantial growth in the company’s sales.
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.
What is Tata Steel’s price target for 2025?
According to our analysis, Tata Steel in 2025 is expected to trade in between ₹140.50 and ₹208.96.
According to our analysis, Tata Steel in 2030 is expected to trade in between ₹266.21 and ₹380.30.
Check Price targets of other Tata Companies:
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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 TATA Steel Q3 FY24 results
- 2 How to purchase Tata Steel shares?
- 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 is TATA Steel’s revenue growth in the last five years?
- 5.6 What are some upcoming projects of TATA Steel that could impact its share price?
- 5.7 What is Tata Steel’s price target for 2025?
- 5.8 What is Tata Steel’s share price target for 2030?
- 6 Conclusion
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