TATA STEEL Ltd.IntroductionIn the past by 100 glorious years of experience in steel making, Tata Steel is the worlds 6th largest steel company with an existing annual crude steel production capacity of 30 Million Tonnes Per Annum (MTPA). Established in 1907, it is the first integrated steel plant in Asia and is now the world`s second most geographically diversified steel producer and a Fortune 500 Company. Tata Steel has a balanced global presence in over 50 developed European and fast growing Asian markets, with manufacturing units in 26 countries.Vision Tata Steel vision is to be the global steel industry benchmark for Value Creation and Corporate Citizenship. They offer, by becoming the supplier of choice, delivering premium products and services, and creating value with our customersMission Revitalize the core business for a sustainable future. Uphold the spirit and values of TATAs towards nation building. Competitors Company name Market share % Jindal steel ------- 15.06% SAIL ------ 40.94% TISCO ------ 20.8% ESSAR LTD ------ 12.43% RINL ----- 10.7%

Board Of Directors Mr R N Tata (Chairman) Mr B Muthuraman (Managing Director & CEO) Mr Nusli N Wadia (Company Director) Mr S M Palia (Company Director) Mr Ishaat Hussain (Board Member) Dr Jamshed J Irani (Board Member) Mr Subodh Bhargava (Board Member) Awards Tata Steel India awarded the Deming Application Prize 2008 for excellence in Total Quality Management. It is the first integrated steel company in the world, outside Japan to get this award. World Steel Dynamics has ranked Tata Steel as the world's best steel maker (for two consecutive years) in its annual listing in February 2006. Tata Steel has been conferred the Prime Minister of India's Trophy for the Best Integrated Steel Plant five times. It has been awarded Asia's Most Admired Knowledge Enterprise award five times in 2003, 2004, 2006, 2007 and 2008. ProductionTata steel annually produces 9 millions tones of steel in india and 21.4 million tones overseas , making it the fifth largest steel producer in the world.Products Tata Shaktee (Galvanized Corrugated Sheets ) Tata Tiscon (re-bars), Tata Bearings, Tata Agrico (hand tools and implements), Tata Wiron (galvanized wire products), Tata Pipes (pipes for construction) and Tata Structura (contemporary construction material). Human Resource Employees 78,700. The group is manned by skilled manpower in all work areas like mining, manufacturing / marketing and service activities.Recruitment Tata Steel's recruitment policy is designed to attract the right talent at the right time, to enhance the net worth of human capital and to obtain the best possible person-to-job,which will contribute to company's effectiveness. Being fair and consistent. Campus Relationship. Employee Development. Training Services: Engineering and technical skills training Training of trainers Recruitment services Management development programmes Research &developmentThe establishment of a Research Department, the first of its kind in India, way back in 1935, stands as a testimony to the spirits of the early pioneers and the vision of the founder of TATA STEEL LIMITED. The Companys strength in research and development has consistently helped to meet the challenges of growth and change.Marketing Tata has operations in 24 countries and commercial presence in over 50 countries. Tata Steel is the worlds sixth largest steel company with an existing annual crude steel capacity of 30 million tonnes per annum. Finance Net Profit in the year2007 is 2,409.12 crores , in the year 2008 it is increase to 3914.62. Current Ratio 3.92 Quick Ratio 3.52 Operating Profit 8244.54 Debt-Equity Ratio 1.08 Earning Per Share 63.85

SWOT AnalysisStrength Tata Steel is the worlds sixth largest steel company Tata steel is the WORLDs BEST STEEL MAKER Weakness Low perception among investors about the companys management and ability to sustain growth.Opportunities They explore in titanium dioxide business in Tamil Nadu. High carbon ferro-chrome plant in South Africa.Threats Heavy competition from his competitors. Big threat from Financial Crisis.Findings Tata steel obtained cheaper financial resources than previous years. Suggestions The company should manage its investments effectively. Bibliographywww.tatasteel.com

Industrial profile:Steel Industry in India is on an upswing because of the strong global and domestic demand. India's rapid economic growth and soaring demand by sectors like infrastructure, real estate and automobiles, at home and abroad, has put Indian steel industry on the global map. According to the latest report by International Iron and Steel Institute (IISI), India is the seventh largest steel producer in the world.The origin of the modern Indian steel industry can be traced back to 1953 when a contract for the construction of an integrated steelworks in Rourkela, Orissa was signed between the Indian government and the German companies Fried Krupp und Demag AG. The initial plan was an annual capacity of 500,000 tones, but this was subsequently raised to 1 million tonnes. The capacity of Rourkela Steel Plant (RSP), which belongs to the SAIL (Steel Authority of India Ltd.) group, is presently about 2 million tonnes. At a very early stage the former USSR and a British consortium also showed an interest in establishing a modern steel industry in India. This resulted in the Soviet-aided building of a steel mill with a capacity of 1 million tonnes in Bhilai and the British-backed construction in Durgapur of a foundry which also has a million tonne capacity.The Indian steel industry is organized in three categories i.e., main producers, other major producers and the secondary producers. The main producers and other major producers have integrated steel making facility with plant capacities over 0.5 mT and utilize iron ore and coal/gas for production of steel. The main producers are Tata Steel, SAIL, and RINL, while the other major producers are ESSAR, ISPAT and JVSL. The secondary sector is dispersed and consists of: (1) Backward linkage from about 120 sponge iron producers that use iron ore and non-coking coal, providing feedstock for steel producers; (2) Approximately 650 mini blast furnaces, electric arc furnaces, induction furnaces and energy optimizing furnaces that use iron ore, sponge iron and melting scrap to produce steel; and (3) Forward linkage with about 1,200 re-rollers that roll out semis into finished steel products for consumer use.

Company profile :Introduction :100 glorious years of experience in steel making, Tata Steel is the worlds 6th largest steel company with an existing annual crude steel production capacity of 30 Million Tonnes Per Annum (MTPA). Established in 1907, it is the first integrated steel plant in Asia and is now the world`s second most geographically diversified steel producer and a Fortune 500 Company. Tata Steel has a balanced global presence in over 50 developed European and fast growing Asian markets, with manufacturing units in 26 countries.It was the vision of the founder; Jamsetji Nusserwanji Tata., that on 27th February, 1908, the first stake was driven into the soil of Sakchi. His vision helped Tata Steel overcome several periods of adversity and strive to improve against all odds. Through investments in Corus, Millennium Steel (renamed Tata Steel Thailand) and NatSteel Holdings, Singapore, Tata Steel has created a manufacturing and marketing network in Europe, South East Asia and the pacific-rim countries. Corus, which manufactured over 20 MTPA of steel in 2008, has operations in the UK, the Netherlands, Germany, France, Norway and Belgium.

History :Top of FormBottom of Form

1907 - The Tata Iron and Steel Company Limited was formed in 1907 at Mumbai. The Company manufactures rails, fishplates, bars, light structurals, heavy structurals, plates, black sheets, galvanised sheets, tin bars, sleeper bars, sleepers, blooms, billets, sheet bars, wheels, tyres and axles, skelp and strip, and special steels tools such as picks, beaters, hammers and shovels and red-oxide, coal tar, sulphate of ammonia, etc. - Iron and steel are made by the open hearth, duplex electric and a combination of these processes, and the steel is rolled into finished products. 1917 - During the year 1,50,000 equity shares issued at par and 26,250 deferred shares issued at a premium of Rs.370 per share. 1919 - During the year 7,00,000 second pref. shares of Rs.100 each issued at par. 6181 second pref. shares forfeited. 1954 - During the year, 8750 defd. shares of Rs.30 each converted into 292,500 equity shares of Rs.75 each. 642,500 bonus equity shares issued in prop. 1:1. 1956 - During the year 12,85,000 right equity shares issued in prop.1:1, and a premium of 30 per share. 2000 - Tata Steel is in talks with Usinor of France, one of the world's largest steel manufacturers, to jointly bid for Steel Authority of India's (SAIL) Salem Steel Plant. - The Tata Iron and Steel Company (Tisco) has introduced a pilot freight rationalisation project in the eastern region in line with the recommendations of global consultants Booz Allen. - Tata Steel has been awarded the All-India Trophy for Top Exporters in the category of Manufacturing Units. - The Company is expanding into chrome ore and ferro chrome production as an area of growth and plans to produce 2,00,000 tonnes of high carbon ferro chrome during 2000-01. - Tata Steel, the flagship of the Tata group, has entered into an understanding with Tata International to export 30 per cent of the production at the steel major's new 1.2 million tonne cold rolling in Jamshedpur. - The Steel Division of the Tata Iron and Steel Company Ltd. (Tata steel) has won the `JRD QV Award' for 2000, the highest recognition of total quality within the Tata Group. - Tata Steel has tied up with the POSCO-Hyundai steel processing venture located in Chennai for getting its cold rolled coils processed. - The Company has incorporated the first phase of mySAP.com, the collaborative Internet business model, to strengthen customer relationship. - Tata Steel commissioned its fifth stamp charged coke oven battery at its coke plant-2. - Private sector steel majors Tisco, Kalyani Steel and the public sector Steel Authority of India are all set to form a three-way joint venture for undertaking e-commerce activities in the steel sector. - IBM India and Tata Steel have signed an IT agreement by which Tata Steel will outsource its IT requirements from IBM India. - Stewarts and Lloyds of India Ltd. a subsidiary of Tata Steel, has set up a propane handling/bottling plant for Tata Steel at Jamshedpur on build, own, operate and transfer basis. - The Company has informed that, Steel Authority of India, Tata Steel and Kalyani Steel have signed MoU for creation of Internet based, global, independent B2B steel marketplace. - Tata Steel has bagged the Prime Minister's trophy for the best performing steel plant for the year 1998-99. - Tata Steel bagged the coveted CII-Exim Bank award for Business Excellence for 2000. - Tata Steel has launched its latest branded steel product -- Tata Tiscon - a speciality construction grade steel which will be available in the retail market. - Credit Rating and Investment Services of India Ltd. has placed the Rs 26.42 crore non-convertible debenture programme of the company on a rating watch with positive implications. 2001 - Tata Iron and Steel Company Ltd. is the recipient of National Award for Excellence in Corporate Governance for the year 2000. - Tata SSL has become a subsidiary of Tata Iron and Steel Company, following a successful open offer to the shareholders of TSSL. - Tata Steel has emerged as the world's leading steel maker in a study carried out by World Steel Dynamics (WSD). The company has been ranked at the top among 12 companies WSD has identified as world class steel makers, Dr J.J. Irani, Managing Director, Tata Steel said at a news conference on July 18. - Tata Steel is setting up a joint venture with IQ Martrade Holding Und Management of Germany to facilitate efficient handling of cargoes and provide the full gamut of port management at various ports in India. - Tata Steel has increased its price of hot rolled (HR) and cold rolled (CR) galvanised products by Rs 500 per tonne with effect from October 1 2002 - TATA Steel's Noamundi Iron Mine (NIM) has been given away the Indira Priyadarshini Vrikshamitra Award 2000 instituted by the National Afforestation & Eco-Development Board under the Union Ministry of Environment and Forests. NIM is one of the biggest and fully mechanised iron ores in the newly formed State of Jharkhand. NIM is supplying high-grade iron ore to Tata Steel's Jamshedpur plant. NIM was incorporated in 1925. -Tata Iron & Steel Company Ltd has informed BSE that Mr S A Sabavala has resigned from the Board of the Company w e f October 01, 2002. -Tata Iron and Steel Company Ltd has informed that on his demise on October 28, 2002, Mr Mantosh Sondhi has ceased to be a Director of the company. 2003 -Tata Iron & Steel co. Ltd. entered in to a power distribution business. Tisco has began distributing power in Jamshedpur. -Tisco gets lenders proposal to acquire Neelachal Ispat Nigam Limited (NINL) -Tata Steel signed an agreement with its consortium partners for setting up its titania project in Tamil Nadu. -Tata Steel has been awarded Engineering Export Promotion Council National Award for outstanding export performance for the year 2000-2001, sponsored by ministry of commerce, govt of India. -Tata Steel's mines division as well as its ferro alloys & mineral division (FAMD) have bagged 24 awards in group events and 21 in individual events in the different categories of safety competitions -The Tatas have appointed Rajeev Dubey, who had to quit as managing director of agrochemical major Rallis India following heavy losses during the last financial year, as advisor to Tata Steel managing director B Muthuraman. -Tata Steel records good performance on advance tax payment talks -Praxair, the Bangalore-based industrial gases supplier, has bagged an order from Tata Steel for setting up a facility for on-site supply of oxygen, nitrogen and argon. The company would build an air separation plant with control systems adjacent to Tata Steel's works at Jamshedpur.

2004 -Tata Steel April-Dec output of crude & saleable steel over 3 million tonnes -Tata Steel gets Petroleum Conservation Research Association award for energy conservation -Tata Steel breaks JV with Veolia Water -Swosti group takes over Tisco property at Gopalpur --Metaljunction (MJ)- the online trading and procurement joint venture of Tata Steel and Steel Authority of India (SAIL)- has roped in UTI Bank to start off own equipment for Tata Steel. The flat products division of Tata Iron & Steel Company Ltd (Tisco) was awarded the ISO/TS 16949 certification on March 30 -Jamshedpur Utility and Services Company (Jusco), a wholly owned subsidiary of Tata Steel, has tied up with Canadian Minnaean Building Solutions for using its patent on high gauge steel-based housing and construction -Tata Steel's Ferro Alloys & Minerals Division (FAMD) and Bearing Division received the CII award for 'Significant Improvement in Productivity' for 2003-2004. -Solid Energy, New Zealand's largest producer, distributor and exporter of coal, will be supplying high quality coking coal to Tata Steel. Solid Energy recently signed a three-year contract with Tata Steel for supplying high-grade coking coal -Tata Iron and Steel Company Ltd (Tisco) have signed a barter agreement with one of China's top trading companies to exchange its iron ore for coke - Tata Steel ranked among global companies in the world's most respected companies survey, 2003 for corporate social responsibility -Tata Steel's Sukinda Chromite Mine in Orissa has been conferred the SA: 8000:2001 certification conferred by the Social Accountability International (SAI), USA. -R&D team conferred the 'Technology Day Meritorious Invention Award' by the National Research & Development Corp (NRDC) -Tata Steel launched "Wiron", a branded galvanised wire, aiming at a sales target of three lakh tonnes -Tata Steel, country's largest integrated steel producer in private sector announced a partnership with SAP India for offering business software solutions for the industry -Tata Iron & Steel Company Ltd has informed that with effect from August 01, 2004, Mr Koushik Chatterjee has been appointed as Vice President Finance -Tata Steel buys Singapore's NatSteel -Tata Steel and Larsen & Toubro (L&T) signs definitive agreement to form a 50:50 joint venture for setting up a port at Dhamra in Orissa on October 29, 2004. 2005 -Tata Iron and Steel Company Ltd signs Joint Venture Agreements with Iranian Mines and Mining Industries Development and Renovation Organization to join them in proposed steel-making projects and mining operations in Iran. -Tata Steel has signed a memorandum of understanding with Nippon Steel Corporation of Japan for its proposed 6 million tonne per annum steel plant in Kalinganagar, in Jajpur district of Orissa -Hoogly Met Coke and Power Co Ltd, a joint venture between Tata Steel and West Bengal Industrial Development Corporation, has been allotted 180 acres of land for its proposed metallurgical coke and power plant project at Haldia. -Tata Steel sets up steel retail store Steeljunction 2006 -Tata steel sets up Jiggling and hydro-cyclone plant -Tisco establishes processing unit at Noamundi mine -Tata Steel signs JV Agreement with Tata Power to set up captive power plants. 2007 -Tata Steel enters into Share Purchase Agreement with Rawmet Ferrous Industries. -Tata Steel completes 6.2bn acquisition of Corus Group plc. - Tata Steel signs MOU with Vietnam Steel Corporation for the proposed steel project in Ha Tinh province in Vietnam. -On August 03, 2007, the Tata Steel Ltd and Riversdale Mining Ltd. have entered into a Memorandum of Understanding, whereby the Company will become a strategic investor in Riversdale's Mozambique Coal Project, by acquiring 35% stake in it for a sum of A$ 100 million. -Tata Steel Ltd has informed that Riversdale Mining Ltd and the Company have signed an agreement to establish a special purpose joint venture vehicle to develop a hard coking and thermal coal project at key coal exploration tenements held by Riversdale in Mozambique. -Tata Steel Ltd and SODEMI sign a Joint Venture Agreement for Mount Nimba Iron Ore deposits in Ivory Coast, West Africa. -The company has issued rights in the ratio of 1:5 at a premium of Rs. 290/- Per Share. 2008 -Tata Steel has concluded an alliance pact with the Al Bahja Group of Oman for the development of the Uyun limestone deposits at Salalah in the Sultanate of Oman.Vision: Our people, by fostering team work, nurturing talent, enhancing leadership capability and acting with pace, pride and passion. Our offer, by becoming the supplier of choice, delivering premium products and services, and creating value with our customers. Our innovative approach, by developing leading edge solutions in technology, processes and products. Our conduct, by providing a safe working place, respecting the environment, scaring for our communities and demonstrating high ethical standards. Mission: Revitalize the core business for a sustainable future. Uphold the spirit and values of TATAs towards nation building. Awards: Tata Steel India awarded the Deming Application Prize 2008 for excellence in Total Quality Management. It is the first integrated steel company in the world, outside Japan to get this award. World Steel Dynamics has ranked Tata Steel as the world's best steel maker (for two consecutive years) in its annual listing in February 2006. Tata Steel has been conferred the Prime Minister of India's Trophy for the Best Integrated Steel Plant five times. It has been awarded Asia's Most Admired Knowledge Enterprise award five times in 2003, 2004, 2006, 2007 and 2008. Products: Tata Shaktee (Galvanized Corrugated Sheets ) Tata Tiscon (re-bars), Tata Bearings, Tata Agrico (hand tools and implements), Tata Wiron (galvanized wire products), Tata Pipes (pipes for construction) Tata Structura (contemporary construction material). Human Resource :Employees 78,700. The group is manned by skilled manpower in all work areas like mining, manufact It is committed to equal employment opportunities for attracting the best available talent and ensuring a cosmopolitan workforce.It will pursue management practices designed to enrich the quality of life of its employees, develop their potential and maximise their productivity.It will aim at ensuring transparency, fairness and equity in all its dealing with its employees.Tata Steel will strive continuously to foster a climate of openness, mutual trust and teamworkRecruitment : Tata Steel's recruitment policy is designed to attract the right talent at the right time, to enhance the net worth of human capital and to obtain the best possible person-to-job, which will contribute to company's effectiveness. Being fair and consistent. Campus Relationship. Employee Development. Training Services: Engineering and technical skills training Training of trainers Recruitment services Management development programmes Research &development:The establishment of a Research Department, the first of its kind in India, way back in 1935, stands as a testimony to the spirits of the early pioneers and the vision of the founder of TATA STEEL LIMITED. The Companys strength in research and development has consistently helped to meet the challenges of growth and change.

By that time, the First World War was over and at the instance of the Indian Government, TATA STEEL LIMITED had already supplied 2,400 km of special Steel Rails and 3 Lakh tons of special grade steel for the manufacture of Combat Helmets, Jerri Cans and other materials for Allied Forces. Lord Chelmsford, the then Viceroy was highly impressed and for the services rendered by TATA STEEL LIMITED during the war. Not that there were no provisions or facilities to carry out laboratory tests for improvement in quality and production standard earlier, but it was only in 1935, when on Nov 6th, the Foundation Stone of the new R&D Building was laid by Mr. A.R. Dalal, the then Director of Tata Sons Limited before a distinguished gathering. A new saga began.Meanwhile in civil front too, TATA Steels R&D made significant contributions for the construction of How rah Bridge over river Roughly in Calcutta. It supplied varieties of low alloy structural steel TISCORM, Die-steel was supplied for manufacture of small coins, low-tungsten steel for Hacksaws, tungsten carbon steel for taps and cartridge drawings dies, silicon-chrome-tungsten steel for pneumatic tools, chrome-carbon steel for Razor blades and Stainless heat-resistant steel for the Post & Telegraphs. R&D never slept..Research & Control Lab.(1935) After a short while the Second World War began. And again the Government of India turned for supplies of steel to TISCO and as before, the R&D stood the test of time supplying special grade steels like TISCORM and TISCOR to the army both of which bore adequate strength to manufacture Bullet proof Armour Plates and cannon shells for use in the war. Years passed by and TATA Steels products found markets around the globe. Today its products are being exported to countries like the United Kingdom, USA, Canada, France, Germany, Korea, Taiwan, Malaysia and China, beside others. Before marketing here too R&D plays major roles.ObjectivesSustainability issues are reflected through specific social and environmental objectives and targets accepted by the top management as a part of Vision.To achieve its sustainability goals, the organisation has identified 12 key enterprise processes critical to the growth and success of the organisation. Mapping and identifying stakeholder concerns through a structured engagement and feedback process has been initiated. These stakeholder concerns are analysed, prioritised and are the prescribed goals for Corporate Sustainability Management. The senior management of Tata Steel tracks the performance of the targets against each strategic goal.Sustainability at the Tata Group and Tata Steel has always been value-driven. The five core values underpinning the way the Tata companies conduct business are:Integrity

Understanding

Excellence

Unity

Responsibility

The world's sixth-largest steelmaker has seen strong demand from its Indian operations, which account for about a quarter of the group's annual global capacity of 30 million tonnes. Its Indian operations posted a 31 per cent rise in sales in April, and an 18 per cent increase in May. At 1.17 p.m. (0747 GMT), Tata Steel shares were up 4.5 percent at 406.35 rupees in a strong Mumbai market. Tata steel carees: Tata Steel's recruitment policy is designed to attract the right talent at the right time, to enhance the net worth of human capital and to obtain the best possible person-to-job, which will contribute to company's effectiveness.The Company's Recruitment Policy aim at: Being fair and consistent; Being non-discriminatory on the grounds of sex, race, age, religion or disability; Conform to statutory regulations Tata Steel offers careers in various streams of competence embracing areas from technology and strategy to research, marketing, medical and aviation.Organisation structure :Name DesignationR N Tata Chairman / Chair PersonNusli N Wadia DirectorSuresh Krishna DirectorJamshed J Irani DirectorJacobus Schraven Non.Exe.Independent DirectorB Muthuraman Managing DirectorAndrew Robb Non.Exe.Independent DirectorKirby Adams Additional Director James Leng Deputy ChairmanS M Palia DirectorIshaat Hussain DirectorSubodh Bhargava DirectorAnthony Hayward Non.Exe.Independent DirectorT Mukherjee Non Executive DirectorH M Nerurkar Executive DirectorProduction:Tata steel annually produces 9 millions tones of steel in india and 21.4 million tones overseas , making it the fifth largest steel producer in the world.Tata Steel completed the month of June with a significant increase in its hot metal, crude steel and saleable steel production over the corresponding month, last year. Production of hot metal, crude steel and saleable steel in June this year went up by 16 per cent, 21 per cent and 38 per cent, respectively, over June, 2008. The figures are appended below: Production & Sales Performance Production & Sales PerformanceFigures in 000 tonnes

ItemsJuneQ1

20082009% ChangeFY09FY10% Change

Hot Metal499578161387168521

Crude Steel425514211253150320

Saleable Steel382526381187154230

Sales419497191159141822

Finance:Balance sheet :Rs. cr

Period & months2008/032007/032006/032005/032004/03

SOURCES OF FUNDS

Owned Funds

Equity Share Capital730.78580.67553.67553.67369.18

Share Application Money0.00147.060.000.000.00

Preferential Share Capital5,472.520.000.000.000.00

Reserves & Surplus 21,097.4313,368.429,201.636,506.254,146.68

Loan Funds

Secured Loans 3,520.583,758.922,191.742,468.183,010.16

Unsecured Loans14,501.115,886.41324.41271.52363.12

TOTAL45,322.4223,741.4812,271.459,799.627,889.14

USES OF FUNDS

Fixed Assets

Gross Block16,479.5916,029.4915,407.1713,085.0712,505.83

Accumulated Depreciation8,223.487,486.376,699.855,845.495,411.62

Less: Revaluation Reserve0.000.000.000.000.00

Net Block8,256.118,543.128,707.327,239.587,094.21

Capital Work-in-progress4,367.452,497.441,157.731,872.66763.64

Investments4,103.196,106.184,069.962,432.652,194.12

Net Current Assets

Current Assets, Loans & Advances38,196.3414,671.914,997.004,935.904,933.61

Less: Current Liabilities & Provisions 9,755.788,279.706,913.836,895.997,252.41

Total Net Current Assets28,440.566,392.21-1,916.83-1,960.09-2,318.80

Miscellaneous Expenses not written off155.11202.53253.27214.82155.97

TOTAL45,322.4223,741.4812,271.459,799.627,889.14

Number of Equity shares outstanding (Cr.)73.0658.0555.3555.3536.78

Bonus component in Equity Capital252.97252.97252.97252.9773.44

Notes:

Book Value of Unquoted Investments 3,790.475,793.463,477.382,119.751,878.43

Market Value of Quoted Investments3,260.652,979.004,079.521,952.432,031.69

Contingent liabilities9,250.087,185.933,872.342,983.052,669.02

Financial ratios:Rs.crs2014/032013/032012/032011/032010/03

Per Share

EPS63.8572.7463.3562.7747.48

CEPS75.2786.8577.3673.9564.48

Book Value298.78240.31176.26127.56122.79

Dividend/Share16.0015.5013.0013.0010.00

Operating Profit / Share112.85119.11106.31107.6194.49

Net Operating Income / Share269.02300.66273.40261.80290.92

Free Reserves / Share275.25213.24147.2399.4186.74

Profitability Ratios

OPM41.9439.6138.8841.1032.47

GPM37.7034.9133.7636.8326.63

NPM23.4323.5322.7823.7216.00

RONW20.4231.1936.4450.2743.76

Liquidity ratios

Debt/Equity1.080.690.250.380.74

Current Ratio3.921.770.720.710.68

Quick Ratio3.521.370.290.330.39

Interest Cover9.2529.4536.4626.7215.98

Turn Over Ratios

Sales/Total Assets0.692.73-7.89-7.39-4.61

Sales/Fixed Assets1.561.581.531.591.36

Sales/Current Assets0.511.193.032.942.17

Miscellaneous

No of Days of Working Capital520.93131.85-45.60-48.70-78.02

CAR0.000.000.000.000.00

Profit & loss:

Rs. cr

Period & months2014/032013/032012/032011/032010/03

INCOME

Net Operating Income19,654.4117,452.6615,132.0914,489.7010,699.31

EXPENSES

Material Consumption6,024.805,679.954,661.534,288.883,391.82

Manufacturing Expenses2,693.732,589.242,364.402,219.021,854.92

Personel Expenses1,589.771,454.831,351.511,291.001,349.59

Selling Expenses52.5364.7180.7586.1881.90

Administrative Expenses1,224.54986.20902.30853.42701.43

Capitalised Expenses-175.50-236.02-112.62-204.82-155.28

Cost of Sales11,409.8710,538.919,247.878,533.687,224.38

Reported PBDIT8,244.546,913.755,884.225,956.023,474.93

Other Recuring Income347.28485.14256.95156.55230.56

Adjusted PBDIT8,591.827,398.896,141.176,112.573,684.03

Depreciation834.61819.29775.10618.78625.11

Other Write-offs0.000.000.000.000.00

Adjusted PBIT7,757.216,579.605,366.075,493.793,058.92

Finanical Expenses929.03251.25168.44228.80230.56

Adjusted PBT6,828.186,328.355,197.635,264.992,828.36

Tax Charges2,380.282,040.471,734.381,823.82920.44

Adjusted PAT4,447.904,287.883,463.253,441.171,907.92

Non-recurring Items239.13-123.02-4.37-47.80-201.47

Other Non-cash Adjustments0.0057.2947.5080.7939.77

REPORTED PAT4,687.034,222.153,506.383,474.161,746.22

APPROPRIATIONS

Equity Dividend1,168.93943.91719.51719.51368.98

Preference Dividend22.190.000.000.000.00

Retained Earnings7,887.466,093.984,476.163,290.211,637.42

SWOT Analysis:Strengths:

Tata Steel is the worlds sixth largest steel company Tata steel is the WORLDs BEST STEEL MAKER Low labour wage rates. Abundance of quality manpower. Mature production base. Positive stimuli from construction industry Booming automobile industry

Weakness: Low perception among investors about the companys management and ability to sustain growth. Labor productivity is still very low. Although India has modernised its steelmaking considerably, however, nearly 6% of its crude steel is still produced using the outdated open-hearth process. Labour productivity in India is still very low. According to an estimate crude steel output at the biggest Indian steelmaker is roughly 144 tonnes per worker per year, whereas in Western Europe the figure is around 600 tonnes. Steel production in India is also hampered by power shortages. India is deficient in raw materials required by the steel industry. Iron ore deposits are finite and there are problems in mining sufficient amounts of it. India's hard coal deposits are of low quality. s Insufficient freight capacity and transport infrastructure impediments too hamper the growth of Indian steel industryOpportunities:

They explore in titanium dioxide business in Tamil Nadu. High carbon faro-chrome plant in South Africa. Company expansion all over the world. Introduce new technology steel products.Threats: Heavy competition from his competitors. Big threat from Financial Crisis. Scarcity of raw materials. Innovation products introduced by the competitorsFindings: Tata steel obtained cheaper financial resources than previous years. The decrease in the value of earnings per share may tend to decrease in the share holders equity. Delayed payment from debtors and large inventory conversion period adversely affect the company. The company has a higher number of equity shares and its EPS is less even through the company obtained higher profits. Suggestions: The company should manage its investments effectively.

The company should provide exact information on the basis of cash due to high demand in market also reduce the collection period.

The company has to liberalize the credit sales policy to increase the sales of the company particularly in un-season.

Company has to maintain adequate working capital with a proper administration it increase the short term profitability of the firm. Bibliographywww.tatasteel.com26