Tata Steel Limited has informed the Exchange about Investor Presentation
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Tata Steel filed its Q1FY26 (quarter ended June 30, 2025) investor presentation. Consolidated revenue declined 5% QoQ to Rs 53,178 crores due to lower volumes from the G blast furnace relining at Jamshedpur, partly offset by higher realisations. Adjusted EBITDA rose to Rs 7,456 crores (vs Rs 6,503 crores in 4QFY25), with EBITDA per ton jumping to Rs 10,470 from Rs 7,810. Reported PAT more than doubled YoY to Rs 2,007 crores. The India standalone business delivered strong EBITDA per ton of Rs 15,240 (up from Rs 12,705 QoQ). The Netherlands business turned around sharply with EBITDA of Rs 612 crores (vs Rs 124 crores), while UK losses narrowed to Rs 468 crores. Net debt reduced to Rs 84,835 crores (from Rs 94,801 crores), with the cost transformation programme delivering Rs 2,900 crores of savings in the quarter toward a Rs 11,500 crore target. Capex for the quarter stood at Rs 3,829 crores.
Despite weak volumes, sharply higher realisations and cost savings drove margin expansion, lifting EBITDA per ton to multi-quarter highs. Net debt reduction and improved credit metrics (Net Debt/EBITDA at 3.21x) strengthen the balance sheet, while ongoing capex on Kalinganagar expansion and UK EAF transition support long-term growth. This is a constructive update with margin and cost discipline clearly visible.