Tata Steel Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	-	96,050	70,808	121,299	156,047	55,321
Trading Asset Securities	-	4,427	7,312	36,301	85,244	72,189
Cash & Short-Term Investments	84,856	100,476	78,121	157,600	241,291	127,510
Cash Growth	-18.71%	28.62%	-50.43%	-34.69%	89.23%	16.19%
Accounts Receivable	-	52,601	62,635	82,572	122,464	95,398
Other Receivables	-	2,262	1,553	1,526	904	1,871
Receivables	-	54,913	64,205	84,117	123,427	97,325
Inventory	-	445,899	491,575	544,153	488,244	332,764
Restricted Cash	-	10,121	5,791	1,744	1,839	2,501
Other Current Assets	-	72,506	65,791	79,042	67,760	42,020
Total Current Assets	-	683,915	705,483	866,655	922,561	602,119
Property, Plant & Equipment	-	1,739,050	1,644,942	1,582,272	1,457,318	1,465,832
Long-Term Investments	-	57,760	55,450	47,922	46,154	35,030
Goodwill	-	59,585	57,453	56,017	43,112	43,447
Other Intangible Assets	-	126,729	129,304	140,057	52,904	38,546
Long-Term Deferred Tax Assets	-	39,362	41,111	26,260	30,239	15,780
Long-Term Deferred Charges	-	-	-	-	0.4	1.1
Other Long-Term Assets	-	86,399	99,761	160,388	301,444	253,198
Total Assets	-	2,793,948	2,734,235	2,880,217	2,854,456	2,454,872
Accounts Payable	-	293,144	302,276	324,546	310,687	218,159
Accrued Expenses	-	178,162	203,609	182,137	194,477	143,839
Short-Term Debt	-	115,558	135,580	159,588	211,870	94,921
Current Portion of Long-Term Debt	-	88,562	164,392	106,125	28,776	54,769
Current Portion of Leases	-	10,045	9,695	10,643	10,362	11,237
Current Income Taxes Payable	-	17,755	21,669	19,240	13,827	44,244
Current Unearned Revenue	-	4,049	18,769	919.3	1,305	639.8
Other Current Liabilities	-	153,660	128,046	169,754	134,576	140,863
Total Current Liabilities	-	860,936	984,035	972,951	905,880	708,671
Long-Term Debt	-	685,518	515,767	514,463	447,641	656,980
Long-Term Leases	-	48,327	45,387	58,111	56,965	67,108
Long-Term Unearned Revenue	-	7,649	4,337	1,324	1,372	1,443
Pension & Post-Retirement Benefits	-	69,698	67,081	59,438	65,643	66,064
Long-Term Deferred Tax Liabilities	-	144,302	129,923	141,156	123,258	92,414
Other Long-Term Liabilities	-	63,991	63,378	81,022	82,714	87,107
Total Liabilities	-	1,880,420	1,809,908	1,828,465	1,683,471	1,679,788
Common Stock	-	12,472	12,472	12,210	12,210	11,974
Additional Paid-In Capital	-	312,881	312,881	312,881	312,867	309,626
Retained Earnings	-	466,110	477,274	603,599	678,402	286,683
Comprehensive Income & Other	-	120,234	117,731	102,131	140,951	134,104
Total Common Equity	949,473	911,696	920,358	1,030,821	1,144,430	742,388
Minority Interest	-	1,832	3,970	20,931	26,554	32,697
Shareholders' Equity	959,319	913,528	924,327	1,051,752	1,170,985	775,085
Total Liabilities & Equity	-	2,793,948	2,734,235	2,880,217	2,854,456	2,454,872
Total Debt	956,431	948,011	870,821	848,931	755,614	885,014
Net Cash (Debt)	-871,575	-847,534	-792,701	-691,331	-514,323	-757,504
Net Cash Per Share	-69.86	-67.94	-64.60	-56.60	-42.54	-66.10
Filing Date Shares Outstanding	12,448	12,484	12,484	12,222	12,232	11,974
Total Common Shares Outstanding	12,448	12,484	12,484	12,222	12,232	11,974
Working Capital	-	-177,020	-278,552	-106,296	16,681	-106,552
Book Value Per Share	76.22	73.03	73.73	84.34	93.56	61.35
Tangible Book Value	759,331	725,382	733,601	834,748	1,048,415	660,395
Tangible Book Value Per Share	60.96	58.11	58.77	68.30	85.71	54.50
Land	-	186,043	186,464	184,941	180,072	176,797
Buildings	-	294,441	277,622	262,760	250,186	243,064
Machinery	-	1,710,083	1,608,214	1,494,350	1,396,209	1,387,182
Construction In Progress	-	406,019	333,702	303,079	212,276	181,287

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.