Metals & Mining · NSE: TATASTEEL
Intrynsic's multi-model valuation estimates Tata Steel Limited's fair value at ₹161 per share (range ₹151–₹161) against a market price of ₹183 - a gap of -11.8% (updated 24 July 2026). This is an estimated fair value based on stated assumptions, not investment advice.
Market price
₹183
close of 24 Jul 2026
Est. fair value
₹161
₹151–₹161
Gap
-11.8%
price vs estimate
Trading close to our estimated fair value (-12% gap). Assumptions and per-model workings are below.
Tata Steel is one of the world's larger steelmakers, with low-cost Indian plants and a restructuring European business. Profits track global steel prices and raw material costs.
Metals & Mining · Diversified Metals
Over the last 3 years, revenue grew -1.6%/yr and profit grew 10.5%/yr.
Every ₹100 of shareholder money earned ₹10.7 in profit last year, vs a sector median of 10.1%.
Debt is 0.90x equity — manageable, worth watching.
The market price is close to our estimated fair value (based on stated assumptions).
About ₹93 of every ₹100 of reported profit turned into free cash (median, last 5 years); operating cash flow was positive in 5 of 5 years.
Intrynsic values Tata Steel Limited with 4 independent models and blends them into one estimated fair-value range. Every number below is an estimate based on the stated assumptions - change the assumptions and the estimate changes.
| Model | Estimated value | vs price | Weight |
|---|---|---|---|
| EV/EBITDAIndustry Comparison Method | ₹161 | -12% | - |
| EV/EBITAfter-Depreciation Comparison Method | ₹151 | -17% | - |
| P/E MultipleEarnings Multiple Method | ₹149 | -18% | - |
| DDMDividend Discount Method | ₹50 | -73% | - |
Reverse DCF: today's market price implies the company must grow free cash flow about 15.3% a year for the next decade - versus -1.2% historical revenue growth.
| Revenue | ₹2,32,140 Cr | |
| Net profit | ₹10,886 Cr | |
| EPS | ₹8.65 | |
| Free cash flow | ₹20,667 Cr | |
| ROE (latest) | 10.7% | |
| Revenue growth (CAGR) | 8.4% | |
| Profit growth (CAGR) | -6.7% |
Intrynsic's multi-model valuation estimates Tata Steel Limited's fair value at ₹161 per share (range ₹151–₹161), last updated 24 July 2026. This is an estimate based on stated assumptions, not investment advice.
Tata Steel Limited trades at ₹183 against Intrynsic's estimated fair value of ₹161 - the market price is 12% above the estimate, i.e. above our estimated fair-value range. Different assumptions produce different estimates; see the model breakdown above.
Tata Steel Limited trades at about 21.1 times its latest annual earnings per share.
Tata Steel is one of the world's larger steelmakers, with low-cost Indian plants and a restructuring European business. Profits track global steel prices and raw material costs.
Intrynsic runs 4 valuation models for Tata Steel Limited (EV/EBITDA, EV/EBIT, P/E Multiple, DDM) and blends them into one estimated fair-value range. Every assumption - growth, discount rate, terminal value - is shown openly on this page.
Disclaimer: Intrynsic provides educational and informational analysis only. Fair-value figures are estimates based on stated assumptions - they are not investment advice, research recommendations, or an offer to transact in any security. Intrynsic is not a SEBI-registered investment adviser or research analyst. Markets carry risk; please do your own research or consult a registered adviser before making investment decisions. Prices shown may be delayed end-of-day values. Terms · Privacy