The earnings call presented a balanced view with significant achievements in cost transformation, especially in India and the Netherlands, and strong consolidated financial performance. However, challenges in production declines in India and market pressures in the U.K. were notable setbacks.

Company Guidance

During the Tata Steel Analyst Call discussing the first quarter of FY 2026, guidance was provided on various metrics. Tata Steel achieved a consolidated revenue of INR 53,178 crores, with an EBITDA of INR 7,480 crores, marking an 11% increase in EBITDA on a quarter-on-quarter basis. The company reported an EBITDA margin of 24% in India, close to its 10-year average, despite challenges like early monsoons. In India, crude steel production was 5.24 million tonnes, while deliveries were 4.75 million tonnes. Tata Steel UK aimed to achieve breakeven by the end of FY 2026, focusing on cost transformation initiatives across different geographies, which contributed to cost savings of INR 2,900 crores in Q1. The company's net debt stood at INR 84,835 crores, with a commitment to deleveraging amidst volatile market conditions. Tata Steel also highlighted its focus on operational efficiencies, product mix improvements, and strategic investments to enhance profitability and support its transition efforts, particularly in Europe.

Strong Consolidated Performance

Consolidated revenues for the quarter stood at INR 53,178 crores with an EBITDA of INR 7,480 crores. Q1 EBITDA increased by 11% quarter-on-quarter, translating to a margin improvement of about 200 basis points and per tonne EBITDA improvement of around INR 2,400.

India EBITDA Margin

Tata Steel delivered an EBITDA margin of around 24%, close to the 10-year average, driven by initiatives in cost takeouts and increased net steel realizations.

Netherlands Cost Transformation

Netherlands delivered a cost transformation of about EUR 155 million, leading to an improvement in the EBITDA of about EUR 50 million or EUR 35 per tonne.

Expansion and Innovation in India

Tata Steel successfully established grade approvals for high-strength and ultra-high-strength steels, including for skin panel applications within 6 months of commissioning the continuous annealing line at Kalinganagar.

Tata Steel Limited (IN:TATASTEEL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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IN:TATASTEEL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2026 (Q2)	2.94 / -	0.655	―	―	―
Jul 30, 2025	2026 (Q1)	1.79 / 1.66	0.77	115.45% (+0.89)	―	―
May 12, 2025	2025 (Q4)	0.78 / 0.73	0.966	-24.53% (-0.24)	―	―
Jan 27, 2025	2025 (Q3)	-0.28 / 0.16	0.689	-76.78% (-0.53)	―	―
Nov 06, 2024	2025 (Q2)	0.72 / 0.66	-5.07	112.92% (+5.73)	―	―
Jul 31, 2024	2025 (Q1)	1.21 / 0.77	0.5	54.00% (+0.27)	―	―
May 29, 2024	2024 (Q4)	3.29 / 0.97	1.4	-31.00% (-0.43)	―	―
Jan 24, 2024	2024 (Q3)	0.20 / 0.69	-2	134.45% (+2.69)	―	―
Nov 01, 2023	2024 (Q2)	0.73 / -5.07	1.24	-508.87% (-6.31)	―	―
Jul 24, 2023	2024 (Q1)	0.82 / 0.50	6.357	-92.13% (-5.86)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

IN:TATASTEEL Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	₹161.70	₹161.35	-0.22%
May 12, 2025	₹139.50	₹148.10	+6.16%
Jan 27, 2025	₹127.04	₹123.52	-2.77%
Nov 06, 2024	₹148.83	₹150.10	+0.85%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Tata Steel Limited (IN:TATASTEEL) report earnings?

Tata Steel Limited (IN:TATASTEEL) is schdueled to report earning on Nov 06, 2025, Before Open (Confirmed).

What is Tata Steel Limited (IN:TATASTEEL) earnings time?

Tata Steel Limited (IN:TATASTEEL) earnings time is at Nov 06, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Tata Steel Limited stock?

The P/E ratio of Tata Steel Limited is N/A.

What is IN:TATASTEEL EPS forecast?

IN:TATASTEEL EPS forecast for the fiscal quarter 2026 (Q2) is 2.94.

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