Tata Steel Limited · NSE:TATASTEEL
Tata Steel — Q1 FY2026 Earnings Presentation
31 slides from Tata Steel's earnings presentation, Jul 30, 2025
Slide 1: Tata Steel Results Presentation
Tata Steel Results Presentation Financial quarter ended 30th June 2025 Tata Steel’s Noamundi Iron Ore Mine has been in operation for the past 100 years, providing a reliable source of high-quality ore and is one of the three mines in India to be July 30, 2025 rated 7-star for scientific and sustaina
Slide 2: Safe harbour statement
Safe harbour statement Statements in this presentation describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Imp
Slide 3: We are committed to 'Zero Harm'
We are committed to ‘Zero Harm’ Journey towards excellence in Safety & Health of employees1 Safety first approach and focused trainings Holistic measures for a safe and healthier workforce Fatalities2 52% 4 4 5 4 5 3 Safety Workshop with Tata Group Chairman and senior LTIFR* leadership team of selec
Slide 4: Improving quality of life of our communities
Improving quality of life of our communities Social capital and scalable change models to enable deep societal impact 3 original intellectual properties based on 16.3 lakh+ 140 women Tribal Identity tribal communities know how developed* lives impacted1 12,400+ children & Gender and enrolled in lead
Slide 5: Strategic Update
Strategic Update The new 5 MTPA blast furnace along with the 2.2 MTPA CRM complex will significantly boost Kalinganagar plant’s production capabilities, allowing Tata Steel to meet growing demands of various industries
Slide 6: Tata Steel is focused on creating sustainable value
Tata Steel is focused on creating sustainable value Leadership in Consolidate Leadership in Leadership in Robust Become technology and position as global Sustainability India financial health future ready digital cost leader 1QFY26 Results 6 Presentation
Slide 7: Sustainability is at the core of our strategy
Sustainability is at the core of our strategy Route and pace of decarbonisation being calibrated across geographies UK : Transition to scrap-based EAF steelmaking to reduce Net Zero 50 million tons CO2e over a decade emissions by 2045 ~2 Sep’24 Mar’24 tCO2e / tcs Closure of Blast Closure of Coke Fur
Slide 8: Pursuing multiple initiatives in India and Netherlands on emissions
Pursuing multiple initiatives in India TSN committed to 35 - 40% emissions Process Carbon direct Carbon Capture Advanced discussions with Netherlands government about improvement avoidance & Utilisation support for integrated environment and decarb project ▪ Working on breakthrough technologies like
Slide 9: Tata Steel is scaling up in India to capitalise on growth opportunity
Tata Steel is scaling up in India to capitalise on growth opportunity India steel per capita income at an inflection point Brownfield optionality across multiple sites Capacity expansion Downstream 40 ▪ 5 MTPA @ Kalinganagar ▪ 2.2 MTPA CRM complex o Ramp up underway o 1st Galvanised / coated coil 0.
Slide 10: Multi-pronged strategy to enable leadership in chosen segments
Multi-pronged strategy to enable leadership in chosen segments ▪ Sustain leadership in ▪ Enhancing retail business ▪ Maximise value creation ▪ Consolidating downstream Automotive via supported by across Industrial segments play ➢ Higher hi-end sales ➢ Capacity expansion ➢ Product development ➢ Capac
Slide 11: Embracing Digital and Technology to create and unlock value
Embracing Digital and Technology to create and unlock value Manufacturing Excellence Functional excellence Customer Experience Finance Human Resources Procurement Tata Steel unveils DigECA, a one-stop digital steel buying platform for MSME customers AI models to drive improvement in Yield, Modernise
Slide 12: Enhancing competitiveness through cost and efficiency programs
Enhancing competitiveness through cost and efficiency programs Targeted cost transformation Progressing as per plan delivering an improvement of ~Rs 2,900 crores* program across geographies during the quarter Rs crores 98% compliance to 1Q plan ~2,900 35% 39% Rs 11,500 crs or $1.3 billion 26% Raw ma
Slide 13: Financial Management to enable returns across cycle
Financial Management to enable returns across cycle Balance sheet management Total Shareholder Returns1 (%) Optimise Capital Structure & Cost Tata Steel Nifty 50 Sensex Onshoring debt to drive efficiency 41 24 16 11 11 Capital allocation 17 Value accretive investments 5 years 10 years Capex of aroun
Slide 14: Becoming culturally future ready
Becoming culturally future ready Celebrating a decade of MOSAIC, our diversity Initiatives to reach new and inclusion initiative level of excellence Talent Preparedness Focus on Fostering a for growth to productivity and Future Ready 40 MTPA restructuring Culture ✓ Proactive skill ✓ Strategic ✓ “One
Slide 15: Business Update
Business Update Tata Group Chairman Mr N. Chandrasekaran marks groundbreaking of the new Electric Arc Furnace at Port Talbot as well as the £1.25 billion transformation to low CO2 steelmaking, supported by £500 million investment from the UK government
Slide 16: Global steel prices and spot spreads rallied but facing renewed pressure
Global steel prices and spot spreads rallied but facing renewed pressure ▪ Global steel prices moderated between April to Jun’25 ▪ China steel prices were around $450/t as production cuts did not materialise leading to elevated exports ▪ Regionally, Germany steel prices reached a peak of $770/t in A
Slide 17: India steel demand continued to grow while EU, UK demand was subdued
India steel demand continued to grow while EU, UK demand was subdued India EU & UK ▪ India apparent steel demand continued to grow aided by ▪ EU steel demand has been affected by macro dynamics government spending and shifting income levels and policy uncertainty regarding global trade ▪ 12% safegua
Slide 18: In 1QFY26, India deliveries were broadly flat YoY due to prodn. constraint
In 1QFY26, India deliveries were broadly flat YoY due to prodn. constraint Tata Steel India deliveries (mn tons) End use sectors (mn tons) Domestic Exports Auto and Retail : Individual Construction & ancillaries housebuilders Infrastructure 5.6 4.9 1.2 1.3 1.4 4.8 1.1 1.1 1.2 1.0 0.8 0.7 1QFY25 4QFY
Slide 19: Auto: Consolidating the position of 'Preferred Steel Supplier'
Auto: Consolidating the position of “Preferred Steel Supplier” Approval of Cold Rolled UHSS grade received from a major ▪ Best-ever 1Q sales in Hi-end ▪ TSK CAL line capability established for PV OEM within 6 months of CAL start-up products HSS and UHSS structural grades Share of hi-end products in
Slide 20: Enhancing differentiation in Retail and shaping construction practices
Enhancing differentiation in Retail and shaping construction practices ▪ Tata Tiscon : Growing systematically ▪ Shaping construction practices via and deepening consumer connect ready-to-use solutions Sales doubled in the Pre Sales last 5 years (Early engagement) 360o approach Differentiation via Ri
Slide 21: Industrial Products & Projects: Growth via product development & customer service
Industrial Products & Projects: Growth via product development & customer service Approval of Cold Rolled UHSS grade received from a major PV OEM within 6 months of CAL start-up ▪ Consistent Growth in Engineering ▪ .. and Appliances Segments 25% 25% 1QFY24 1QFY25 1QFY26 1QFY24 1QFY25 1QFY26 ▪ More t
Slide 22: Tata Steel Consolidated
Tata Steel Consolidated (All figures are in Rs. Crores Key drivers for QoQ change: 1QFY26 4QFY25 1QFY25 unless stated otherwise) Production (mn tons)1 7.33 7.45 8.00 ▪ Revenues: declined by 5% upon moderation in volumes Deliveries (mn tons) 7.12 8.33 7.39 despite higher realisations. India productio
Slide 23: Consolidated 1QFY26 EBITDA stood at Rs 7,456 crores
Consolidated 1QFY26 EBITDA1 stood at Rs 7,456 crores 1,636 2,057 2,161 2,486 ▪ Market impact includes higher realisations and decline in raw material related costs ▪ Volume impact on account of drop in deliveries across geographies 7,456 6,503 ▪ Cost transformation relates to lower stores, repairs &
Slide 24: Net debt stood at Rs 84,835 crores
Net debt stood at Rs 84,835 crores 2,225 1,304 623 98,953 94,801 14,118 84,835 Gross Debt Movement in Loan FX Impact Gross Debt Cash, Bank & Net Debt Mar'25 leases movement and Others Jun'25 Current Jun'25 Investments 1QFY26 Results 24 Presentation
Slide 25: Key financial credit metrices
Key financial credit metrices EBITDA Margin (%)1 EBITDA / ton (Rs.)1 Interest Coverage Ratio (x)1,2 Gross & Net Debt (Rs crores) 26.2% 11.7 21,626 94,801 98,953 19.8% 88,501 84,893 87,082 75,561 10,838 11,358 10,503 5.2 82,579 84,835 13.4% 14.1% 77,550 7,962 8,335 75,389 11.8% 3.5 3.6 67,810 10.2% 3
Slide 26: Annexures
Annexures Tata Steel utilizes inland waterways for transportation to reduce reliance on road and rail, aiming for a more sustainable and cost-effective logistics solution
Slide 27: Tata Steel: Key operating parameters
Tata Steel : Key operating parameters India (Standalonea) TSUK TSN Coke Rate (kg/thm) Specific Energy Consumption (GJ/tcs) CO2 Emission Intensity (tCO2/tcs) Good Good Good 361 357 2.5 356 2.5 2.5 2.4 2.4 348 25.5 24.5 24.5 2.2 24.2 2.2 2.2 23.6 340 23.3 339 23.1 23.1 337 20.9 20.4 1.8 1.8 1.8 19.5 3
Slide 28: Tata Steel Standalone
Tata Steel Standalone (All figures are in Rs. Crores Key drivers for QoQ change: 1QFY26 4QFY25 1QFY25 unless stated otherwise) Production (mn tons) 5.07 5.24 5.01 ▪ Revenues: decreased upon drop in volumes partly Deliveries (mn tons) 4.75 5.60 4.94 offset by the increase in realisations by Rs 2,600/
Slide 29: Tata Steel Netherlands
Tata Steel Netherlands (All figures are in Rs. Crores Key drivers for QoQ change: 1QFY26 4QFY25 1QFY25 unless stated otherwise) ▪ Revenues: were marginally lower QoQ on moderation Liquid Steel production (mn tons) 1.70 1.63 1.69 in volumes being partly offset by improved realisations Deliveries (mn
Slide 30: Tata Steel UK
Tata Steel UK (All figures are in Rs. Crores Key drivers for QoQ change: 1QFY26 4QFY25 1QFY25 unless stated otherwise) ▪ Revenues: witnessed a slight increase primarily driven Liquid Steel production (mn tons) - - 0.68 by higher realisations despite moderation in volumes Deliveries (mn tons) 0.60 0.
Slide 31: Tata Steel Investor Relations
Tata Steel Investor enquiries Investor Relations ir@tatasteel.com