TATA STEEL | WELSPUN CORP | TATA STEEL/ WELSPUN CORP |
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P/E (TTM) | x | 67.6 | 21.3 | 317.8% | View Chart |
P/BV | x | 1.9 | 3.2 | 58.6% | View Chart |
Dividend Yield | % | 2.6 | 0.7 | 355.3% |
TATA STEEL WELSPUN CORP |
EQUITY SHARE DATA | |||||
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TATA STEEL Mar-24 |
WELSPUN CORP Mar-24 |
TATA STEEL/ WELSPUN CORP |
5-Yr Chart Click to enlarge
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High | Rs | 160 | 625 | 25.5% | |
Low | Rs | 103 | 199 | 52.0% | |
Sales per share (Unadj.) | Rs | 183.8 | 662.7 | 27.7% | |
Earnings per share (Unadj.) | Rs | -3.9 | 43.4 | -9.1% | |
Cash flow per share (Unadj.) | Rs | 4.0 | 56.7 | 7.0% | |
Dividends per share (Unadj.) | Rs | 3.60 | 5.00 | 72.0% | |
Avg Dividend yield | % | 2.7 | 1.2 | 225.7% | |
Book value per share (Unadj.) | Rs | 73.8 | 213.9 | 34.5% | |
Shares outstanding (eoy) | m | 12,471.85 | 261.67 | 4,766.3% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Price / Sales ratio | x | 0.7 | 0.6 | 115.1% | |
Avg P/E ratio | x | -33.4 | 9.5 | -351.9% | |
P/CF ratio (eoy) | x | 33.0 | 7.3 | 453.8% | |
Price / Book Value ratio | x | 1.8 | 1.9 | 92.5% | |
Dividend payout | % | -91.5 | 11.5 | -794.0% | |
Avg Mkt Cap | Rs m | 1,638,489 | 107,748 | 1,520.7% | |
No. of employees | `000 | NA | NA | - | |
Total wages/salary | Rs m | 245,096 | 9,376 | 2,614.0% | |
Avg. sales/employee | Rs Th | 0 | 0 | - | |
Avg. wages/employee | Rs Th | 0 | 0 | - | |
Avg. net profit/employee | Rs Th | 0 | 0 | - |
INCOME DATA | |||||
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Net Sales | Rs m | 2,291,708 | 173,396 | 1,321.7% | |
Other income | Rs m | 18,367 | 2,492 | 737.0% | |
Total revenues | Rs m | 2,310,075 | 175,888 | 1,313.4% | |
Gross profit | Rs m | 144,060 | 18,165 | 793.1% | |
Depreciation | Rs m | 98,822 | 3,479 | 2,840.8% | |
Interest | Rs m | 75,076 | 3,044 | 2,466.5% | |
Profit before tax | Rs m | -11,470 | 14,135 | -81.2% | |
Minority Interest | Rs m | 0 | 0 | - | |
Prior Period Items | Rs m | 0 | 0 | - | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Tax | Rs m | 37,626 | 2,775 | 1,356.0% | |
Profit after tax | Rs m | -49,096 | 11,360 | -432.2% | |
Gross profit margin | % | 6.3 | 10.5 | 60.0% | |
Effective tax rate | % | -328.0 | 19.6 | -1,671.0% | |
Net profit margin | % | -2.1 | 6.6 | -32.7% |
BALANCE SHEET DATA | |||||
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Current assets | Rs m | 705,036 | 62,756 | 1,123.5% | |
Current liabilities | Rs m | 984,035 | 41,665 | 2,361.8% | |
Net working cap to sales | % | -12.2 | 12.2 | -100.1% | |
Current ratio | x | 0.7 | 1.5 | 47.6% | |
Inventory Days | Days | 26 | 27 | 95.8% | |
Debtors Days | Days | 1 | 4 | 26.3% | |
Net fixed assets | Rs m | 1,987,642 | 57,268 | 3,470.8% | |
Share capital | Rs m | 12,474 | 1,308 | 953.5% | |
"Free" reserves | Rs m | 907,883 | 54,652 | 1,661.2% | |
Net worth | Rs m | 920,358 | 55,960 | 1,644.7% | |
Long term debt | Rs m | 515,767 | 16,224 | 3,179.1% | |
Total assets | Rs m | 2,693,124 | 120,031 | 2,243.7% | |
Interest coverage | x | 0.8 | 5.6 | 15.0% | |
Debt to equity ratio | x | 0.6 | 0.3 | 193.3% | |
Sales to assets ratio | x | 0.9 | 1.4 | 58.9% | |
Return on assets | % | 1.0 | 12.0 | 8.0% | |
Return on equity | % | -5.3 | 20.3 | -26.3% | |
Return on capital | % | 4.4 | 23.8 | 18.6% | |
Exports to sales | % | 3.6 | 14.6 | 24.9% | |
Imports to sales | % | 17.5 | 13.2 | 132.5% | |
Exports (fob) | Rs m | 83,174 | 25,250 | 329.4% | |
Imports (cif) | Rs m | 400,886 | 22,890 | 1,751.4% | |
Fx inflow | Rs m | 83,174 | 25,250 | 329.4% | |
Fx outflow | Rs m | 418,267 | 22,890 | 1,827.3% | |
Net fx | Rs m | -335,093 | 2,360 | -14,198.9% |
CASH FLOW | |||||
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From Operations | Rs m | 203,007 | 13,060 | 1,554.4% | |
From Investments | Rs m | -142,514 | 3,674 | -3,879.0% | |
From Financial Activity | Rs m | -110,970 | -18,768 | 591.3% | |
Net Cashflow | Rs m | -50,491 | -1,976 | 2,554.9% |
Indian Promoters | % | 33.2 | 50.0 | 66.4% | |
Foreign collaborators | % | 0.0 | 0.0 | - | |
Indian inst/Mut Fund | % | 42.1 | 23.1 | 182.6% | |
FIIs | % | 19.3 | 11.7 | 165.2% | |
ADR/GDR | % | 0.7 | 0.0 | - | |
Free float | % | 66.1 | 50.0 | 132.3% | |
Shareholders | 5,987,139 | 116,485 | 5,139.8% | ||
Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare TATA STEEL With: JSW STEEL RATNAMANI METALS VENUS PIPES & TUBES PRAKASH INDUSTRIES SHANKARA BUILDING PRODUCTS
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
Period | Tata Steel | Welspun Corp | S&P BSE METAL |
---|---|---|---|
1-Day | -1.31% | 1.88% | -0.90% |
1-Month | -10.03% | -3.59% | -8.81% |
1-Year | 12.05% | 28.64% | 25.43% |
3-Year CAGR | 6.18% | 67.00% | 15.99% |
5-Year CAGR | 28.25% | 38.14% | 26.02% |
* Compound Annual Growth Rate
Here are more details on the Tata Steel share price and the Welspun Corp share price.
Moving on to shareholding structures...
The promoters of Tata Steel hold a 33.2% stake in the company. In case of Welspun Corp the stake stands at 50.0%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of Tata Steel and the shareholding pattern of Welspun Corp.
Finally, a word on dividends...
In the most recent financial year, Tata Steel paid a dividend of Rs 3.6 per share. This amounted to a Dividend Payout ratio of -91.5%.
Welspun Corp paid Rs 5.0, and its dividend payout ratio stood at 11.5%.
You may visit here to review the dividend history of Tata Steel, and the dividend history of Welspun Corp.
For a sector overview, read our steel sector report.
On Tuesday, Indian share markets traded on a positive note throughout the session and ended marginally higher.