Below are the financial statements of Tata Steel, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of INR | 2025 as of 2025-03-31 | 2024 as of 2024-03-31 |
|---|---|---|
| Assets | — | — |
| Non-current assets | — | — |
| Property, plant and equipment | 1,252,151.7a | 1,235,381.4a |
| Capital work-in-progress | 406,018.8a | 333,701.9a |
| Right-of-use assets | 80,879.5a | 75,858.9a |
| Goodwill | 59,585.3a | 57,453a |
| Other intangible assets | 116,524.1a | 119,450.5a |
| Intangible assets under development | 10,204.7a | 9,853.4a |
| Equity accounted investments | 29,708.6a | 29,471.5a |
| Financial assets | — | — |
| Investments | 27,806a | 25,791.9a |
| Loans | 1,146.6a | 731.4a |
| Derivative assets | 0.5a | 2,658.6a |
| Other financial assets | 16,623.4a | 16,083.2a |
| Retirement benefit assets | 126.7a | 232.6a |
| Non-current tax assets | 38,245.2a | 47,541.1a |
| Deferred tax assets | 39,362.2a | 41,110.8a |
| Other assets | 31,649.3a | 33,432.3a |
| Total non-current assets | 2,110,032.6a | 2,028,752.5a |
| Current assets | — | — |
| Inventories | 445,899.4a | 491,575.1a |
| Financial assets | — | — |
| Investments | 4,426.5a | 7,312.3a |
| Trade receivables | 52,600.6a | 62,635.3a |
| Cash and cash equivalents | 96,049.6a | 70,808.4a |
| Other balances with banks | 20,420.2a | 15,968.8a |
| Loans | 49.8a | 16a |
| Derivative assets | 3,705a | 2,013.3a |
| Other financial assets | 14,561.4a | 11,725.8a |
| Retirement benefit assets | 23.3a | 0a |
| Current tax assets | 795.2a | 796.8a |
| Other assets | 45,384.4a | 42,184.1a |
| Total current assets | 683,915.4a | 705,035.9a |
| Assets held for sale | 0a | 446.6a |
| Total assets | 2,793,948a | 2,734,235a |
| Equity and liabilities | — | — |
| Equity | — | — |
| Equity share capital | 12,474.4a | 12,474.4a |
| Other equity | 899,221.9a | 907,883.2a |
| Equity attributable to owners of the company | 911,696.3a | 920,357.6a |
| Non-controlling interests | 1,831.5a | 3,969.8a |
| Total equity | 913,527.8a | 924,327.4a |
| Non-current liabilities | — | — |
| Financial liabilities | — | — |
| Borrowings | 685,518.1a | 515,767.3a |
| Lease liabilities | 48,327.1a | 45,387a |
| Derivative liabilities | 2,063.8a | 1.1a |
| Other financial liabilities | 12,941.7a | 14,918.3a |
| Provisions | 58,065a | 54,240.3a |
| Retirement benefit obligations | 32,720.1a | 32,194.8a |
| Deferred income | 7,649.1a | 4,336.5a |
| Deferred tax liabilities | 144,301.5a | 129,923.4a |
| Other liabilities | 27,898.3a | 29,104.1a |
| Total non-current liabilities | 1,019,484.7a | 825,872.8a |
| Current liabilities | — | — |
| Financial liabilities | — | — |
| Borrowings | 204,120a | 299,971.9a |
| Lease liabilities | 10,045.3a | 9,695a |
| Trade payables | — | — |
| Total outstanding dues of micro and small enterprises | 15,107.1a | 12,037a |
| Total outstanding dues of creditors other than micro and small enterprises | 278,036.7a | 290,239.4a |
| Derivative liabilities | 3,911.8a | 2,143.8a |
| Other financial liabilities | 158,205.1a | 156,526.8a |
| Provisions | 38,882.9a | 37,790.8a |
| Retirement benefit obligations | 1,546.2a | 1,467.2a |
| Deferred income | 307.1a | 637.1a |
| Current tax liabilities | 17,755.2a | 21,668.5a |
| Other liabilities | 133,018.1a | 151,857.3a |
| Total current liabilities | 860,935.5a | 984,034.8a |
| Total liabilities | 1,880,420.2a | 1,809,907.6a |
| Total equity and liabilities | 2,793,948a | 2,734,235a |
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