Tata Steel Long Products Ltd.
Snapshot View

663.00 +11.20 ▲1.7%

20 May 2022, 04:01:00 PM
Volume: 2,861

Overview View Details

Sector Iron & Steel Compare with Sector peers
Industry Steel/Sponge Iron/Pig Iron Compare with Industry peers
Website http://www.tatasteellp.com
Market Cap 2,990.13 Cr.
Enterprise Value(EV) 11,820.57 Cr. 2022-03
Financial Indicators
Earnings per share (EPS) 139.66 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 4.75 Trailing Twelve Months Ending 2022-03
Industry PE 8.53 Trailing Twelve Months Ending 2022-03
Book Value / Share 709.64 Trailing Twelve Months Ending 2022-03
Price to Book Value 0.93 Calculated using Price: 663.00
Dividend Yield 1.89 Period Ending 2021-03
No. of Shares Subscribed 4.51 Cr. 45,100,000 Shares
FaceValue 10
Company Profile

Tata Sponge Iron (TSIL) was incorporated in 1982 as joint venture between Tata Steel and the Industrial Promotion and Investment Corporation of Orissa (IPICOL). Later in 1991, Tata Steel acquired IPICOL’s stake in joint venture. Tata Sponge, which has its manufacturing facility at Bilaipada (in Joda Block of Keonjhar District in Orissa), was initially set up  in the name of Ipitata Sponge Iron Limited. It has moved on since, becoming an associate company of Tata Steel following the former’s acquisition of IPICOL’s stake in 1991. The name of the Company has been changed to Tata Sponge Iron Limited w.e.f 24th September, 1996. Subsequently, w.e.f. 28th August, 2012, Tata Sponge Iron Limited became the subsidiary of Tata Steel Limited.

The company is engaged in business of manufacturing high-grade sponge iron that is consistent in quality.  The company has an annual manufacturing capacity of 390,000 tonnes of sponge iron from its three kilns. Its production plant is situated at Bilaipada in Orissa.

For production of sponge iron, the raw material required is iron ore, non-coking coal and dolomite. To meet the raw material requirement, the company has iron ore reserves located in the northern part of Orissa. It acquires coal from the collieries of Central Coalfields, South Eastern Coalfields and Mahanadi Coalfields and dolomite is acquired from Tata Steel's Gomardih dolomite quarry.

The company also operates a modern R&D facility that is set up along with a chemical laboratory to conduct the monitoring process. This R& D facility introduced Tisco Direct Reduction (TDR) -- an innovative technology for making sponge iron.

TSIL's manufacturing facilities have been accredited with ISO-9002 and ISO 14000 certifications for its quality management.

Tata Sponge Iron operates two captive power plants that produce a total capacity of 26 MW of power.

Awards and Recognition

Tata Sponge Iron was awarded Certificate of Appreciation by The Energy and Resources Institute (TERI) for company’s efforts towards environmental management and innovative initiatives.

The company received Greentech Environment Excellence Gold Award for the year 2006-07 by Greentech Foundation in recognition of company’s initiatives in conserving the environment.

The company received “Golden Peacock National Quality Award - 2007”.

Earth Care Award 2008 for the company’s relentless pursuits towards Greenhouse gas, mitigation and combating climate change, conferred by JSW and Times of India with technical support from The Energy Research Institute (TERI) and Centre of Environment Education (CEE), on 22nd April 2008.

Golden Peacock National Quality Award from Institute of Directors (awarded in January 2008)

In 2010, Tata Sponge wins Green India Award for Environment Excellence

Tata Steel (Parent Company)

Tata Sponge Iron is part of the Tata Steel Group of companies, which owns a wide spectrum of companies engaged in the business of steel and steel related manufacturing. It owns companies namely Corus, Tinplate Company of India, Tayo Rolls, Tata Ryerson, Tata Refractories, Tata Metaliks, Tata Pigments, Jamshedpur Injection Powder, TM International Logistics, Metal Junction Services, TRF , The Indian Steel and Wire Products and many more.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.72%
1 Week
+3.27%
1 Month
-11.16%
3 Month
-6.78%
6 Month
-15.83%
1 Year
-28.42%
2 Year
+203.64%
5 Year
-8.80%
10 Year
+193.87%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 14.15 14.86 12.11 3.93 6.95 15.22 12.01 -33.31 24.81
Return on Capital Employed (%) 22.16 23.94 18.68 6.01 10.16 23.06 18.43 -8.27 19.81
Return on Assets (%) 6.90 7.02 6.79 2.97 5.78 10.44 7.14 -12.13 8.74

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds 639 723 795 826 865 986 1,083 2,017 2,594 3,200
Non Curr. Liab. 294 336 28 29 32 293 293 3,066 1,751 13,671
Curr. Liab. 399 490 334 133 149 374 452 1,598 2,069 2,941
Minority Int.
Equity & Liab. 1,332 1,549 1,158 987 1,046 1,653 1,829 6,681 6,413 19,812
Non Curr. Assets 608 656 365 379 375 758 892 5,166 4,715 5,438
Curr. Assets 725 892 793 609 670 895 937 1,515 1,698 14,374
Misc. Exp. not W/O
Total Assets 1,332 1,549 1,158 987 1,046 1,653 1,829 6,681 6,413 19,812

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Net Sales 796 782 790 574 557 800 992 3,490 4,750 6,802
Other Income 32 37 55 38 37 43 58 81 78 138
Total Income 827 819 845 611 594 843 1,050 3,571 4,828 6,939
Total Expenditure -676 -638 -691 -550 -496 -617 -847 -3,337 -3,651 -5,624
PBIDT 152 181 155 62 99 226 202 235 1,177 1,315
Interest -8 -13 -5 -5 -2 -3 -3 -293 -235 -110
Depreciation -18 -18 -13 -13 -13 -12 -12 -311 -327 -320
Taxation -40 -49 -45 -11 -25 -69 -63 14 -43 -229
Exceptional Items -161 -27
PAT 85 101 92 32 59 141 124 -516 572 630
Adjusted EPS 47 56 51 18 33 78 69 -114 127 140

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 66 112 101 -16 77 22 41 100 -336 1,690
Cash Fr. Inv. -173 -90 -89 16 -58 51 -213 -12 -3,574 91
Cash Fr. Finan. -12 -13 -12 -18 -18 -18 -20 -37 3,805 -1,559
Net Change -119 9 -1 -18 0 55 -192 51 -105 221
Cash & Cash Eqvt 12 21 20 250 250 305 112 163 58 279

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 75.91 75.91 75.91 74.91 74.91 74.91 74.91 74.91 74.91
Public 24.09 24.09 24.09 25.09 25.09 25.09 25.09 25.09 25.09
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 17 May 2022
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation regarding Loss of Share certificate
Wed, 11 May 2022
Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations 2015)
Tata Steel Long Products Ltd has informed BSE regarding the details of Voting results of Postal Ballot under Regulation 44(3) of SEBI (LODR) Regulations 2015. Kindly Click here
Tue, 10 May 2022
Declaration Of Postal Ballot Results And Scrutinizer''s Report
Declaration of Postal Ballot Results and Scrutinizers Report

Technical Scans View Details

Fri, 20 May 2022
Opening at High Opening at High
Closing Above Previous High Closing Above Previous High
Close Within 52 Week Low Zone Close Within 52 Week Low Zone
High Decrease 1 Month High Decrease 1 Month
High Increase 2 Years High Increase 2 Years

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