XTRAS: It has expanded its business across 50 countries in many of which it has significant market share. It is second largest steel producer in Europe with a crude steel production capacity of over 12.1 MTPA.
Tata Steel Limited is an Indian multinational steel-making company based in Jamshedpur, Jharkhand, and is headquartered in Mumbai, Maharashtra, India. It is a subsidiary of the Tata Group. Tata Steel is among the top steel producing companies in the world with an annual crude steel capacity of 34 million tonnes per annum. The group recorded a consolidated turnover of US$19.7 billion in the financial year ending
31 March 2020. It is the second largest steel company in India with an annual capacity of 13 million tonnes after Steel Authority of India Ltd.
FINANCIAL HIGHLIGHTS:
• Total Revenue of the company has shown minor fluctuation with a four year high in FY-2019.
• Operating expenses of tata steel also shows similar fluctuation as revenue with a four year high in FY-2019.
• Profit after tax which took a deep dive due to Covid 19 has come back in FY21.
• Total asset of the company shows an upward trend from last 4 financial years.
CASH FLOW ANALYSIS:
• The cash flow from operating activities during the last 4 financial years remains positive which is a good sign. There is a huge spike in FY21 as compared to FY20.
• The cash flow from investing activities has been negative throughout the last 4 financial years as the company is investing in the purchase of fixed assets and long-term investment but the amount of investment in FY 2021 is less compared to the previous year.
• In FY-2021 CF from financing activity is negative which shows that company is paying off the debts overall net cash flow of the company in the FY2021 has improved.
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