Tata Steel Long Products Ltd.
Snapshot View

1109.65 +21.20 ▲2.0%

26 July 2021, 04:00:00 P.M.
Volume: 7,130

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
Financial Indicators
Market Cap 5,004.52 Cr.
Earnings per share (EPS) 229.47 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 4.84 Trailing Twelve Months Ending 2021-06
Industry PE 8.35 Trailing Twelve Months Ending 2021-06
Book Value / Share 648.72 Trailing Twelve Months Ending 2021-06
Price to Book Value 1.71 Calculated using Price: 1,109.65
Dividend Yield 0.45 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
+1.95%
1 Week
+0.62%
1 Month
+19.37%
3 Month
+33.16%
6 Month
+67.90%
1 Year
+332.78%
2 Year
+125.52%
5 Year
+103.27%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 13.35 14.86 12.12 3.94 6.95 15.22 12.02 -33.30 24.81
Return on Capital Employed (%) 20.92 23.94 18.69 6.02 10.17 23.06 18.44 -8.26 19.81
Return on Assets (%) 6.41 7.03 6.38 2.75 5.78 10.44 7.14 -12.13 8.74

Balance Sheet View Details

Particulars 9 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.
Shh. Funds 639 723 795 826 865 987 1,084 2,017 2,594
Non Curr. Liab. 294 336 204 29 32 293 293 3,066 1,751
Curr. Liab. 399 490 334 133 149 374 452 1,598 2,069
Minority Int.
Equity & Liab. 1,332 1,549 1,334 987 1,046 1,653 1,829 6,681 6,413
Non Curr. Assets 608 655 540 378 374 757 891 5,165 4,714
Curr. Assets 725 893 794 610 672 897 938 1,516 1,699
Misc. Exp. not W/O
Total Assets 1,332 1,549 1,334 987 1,046 1,653 1,829 6,681 6,413

Profit Loss View Details

Particulars 9 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.
Net Sales 796 782 790 574 557 800 992 3,490 4,750
Other Income 32 37 56 38 37 43 58 81 78
Total Income 827 819 845 611 594 843 1,050 3,571 4,828
Total Expenditure -676 -638 -691 -550 -496 -617 -847 -3,337 -3,651
PBIDT 152 181 155 62 99 226 202 235 1,177
Interest -8 -13 -5 -5 -2 -3 -3 -293 -235
Depreciation -18 -18 -13 -13 -13 -12 -12 -311 -327
Taxation -40 -49 -45 -11 -25 -69 -63 14 -43
Exceptional Items -161
PAT 85 101 92 32 59 141 124 -516 572

Cash Flow View Details

Particulars 9 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.
Cash Fr. Operatn. 112 101 -16 77 22 41 100 -336 1,690
Cash Fr. Inv. -90 -89 16 -58 51 -213 -12 -3,574 91
Cash Fr. Finan. -13 -12 -18 -18 -18 -20 -37 3,805 -1,559
Net Change 9 -1 -18 0 55 -192 51 -105 221
Cash & Cash Eqvt 21 20 250 250 305 113 163 58 279

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 54.50 75.91 75.91 75.91 75.91 75.91 74.91 74.91 74.91
Public 45.50 24.09 24.09 24.09 24.09 24.09 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

Fri, 23 Jul 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Enclosed
Wed, 21 Jul 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Enclosed
Wed, 21 Jul 2021
Shareholding for the Period Ended June 30 2021
Tata Steel Long Products Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here

Technical Scans View Details

Mon, 26 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Close Within 5 Year High Zone Close Within 5 Year High Zone

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