Tata Steel Q3FY26: Consolidated EBITDA at Rs 8,309 cr, up 39% YoY

Mgmt Guided Margin ImprovementPromoter Disclosed Acquisition PlansOrder Pipeline DisclosedAnalyst Day Multiyear TargetsInvestor Communications View source PDF Explain this filing

TATASTEEL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+2.5%Reaction day

₹196.51

prior close

₹202.00

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.7%+1.7% vs market

Iron & Steel peers, median of 9sector+0.6%+1.8% vs sector

On the reaction day the stock moved 1.7 pts more than Nifty 100 and 1.8 pts more than its Iron & Steel peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.3

10m

-1.4

15m

-1.3

30m

-1.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.5+0.7+1.7+0.6+1.8

Next day

+5.8+1.0+4.8+0.0+5.7

+5.6+1.1+4.5+0.5+5.2

+5.8+0.6+5.3+0.4+5.4

+3.3-0.8+4.1-2.4+5.7

+4.6+0.1+4.5-2.4+7.0

+6.3+0.7+5.6+0.2+6.1

15d

+7.3-2.8+10.1-0.1+7.4

-2.7-6.1+3.4-7.8+5.0

+4.2-6.9+11.1-1.4+5.7

+7.9-5.8+13.6+9.4-1.6

UpDownMarket · Nifty 100Sector · Iron & Steel peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Tata Steel Q3FY26 consolidated EBITDA Rs 8,309 crores, up 39% YoY at margin around 15%. 9MFY26 EBITDA up 31% YoY to Rs 24,894 crores. India EBITDA Rs 8,291 crores at 23% margin with record 6.04 mn ton deliveries. Netherlands EBITDA nearly tripled YoY; UK losses narrowed 44%. Net debt down Rs 5,206 crores QoQ to Rs 81,834 crores. Board approved NINL expansion, Maharashtra plant, Thriveni Pellets and Tata Steel Colors acquisitions.

Likely market impact

Strong quarter with record India deliveries and debt reduction; growth capex plans reinforce long term story.