Tata Metaliks Limited
NSE: TATAMETALI · Iron & Steel
Merged into Tata Steel Ltd. on 31 Jan 2024, ratio 79:10
Snapshot
Unlock Tata Metaliks Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Tata Metaliks Limited is a subsidiary of Tata Steel Limited that manufactures and sells pig iron and ductile iron pipes. The company serves diverse sectors including automotive, infrastructure, and water distribution through its established product brands.
Business Model
The company generates revenue by producing and selling pig iron for foundry applications and ductile iron pipes for water infrastructure projects. It also monetises by-products such as granulated blast furnace slag to the cement industry.
Growth Outlook
Growth is driven by increasing demand for water infrastructure development and the expansion of industrial casting applications. The company continues to leverage its parentage under Tata Steel to enhance operational efficiencies.
Key Risks
- Raw Material Price Volatility. Fluctuations in the prices of iron ore, coke, and scrap metal directly impact the company's manufacturing margins.
- Cyclicality of Steel Industry. The business is highly sensitive to economic cycles and industrial demand, which can lead to significant revenue volatility.
- Regulatory and Environmental Compliance. Stringent environmental regulations regarding emissions and waste management in the steel sector may necessitate increased capital expenditure.
- Infrastructure Project Delays. As a supplier to water and infrastructure projects, the company is vulnerable to delays in government project execution and funding.
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Key Metrics
REVENUE
₹3,121 Cr
TTM · standalone
NET PROFIT
₹114 Cr
TTM · standalone
EPS
₹36.02
TTM · standalone
RETURN ON EQUITY
7.4%
TTM · standalone
RETURN ON CAPITAL EMPLOYED
10.6%
TTM · standalone
EBITDA MARGIN
8.7%
TTM · standalone
NET PROFIT MARGIN
5.9%
Q2 FY24 · standalone
Peers · Iron & Steel
| Company | Mkt Cap | P/E (TTM) | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Tata Metaliks LimitedTATAMETALI | ₹3,508 Cr | — | — | 2.6% | 8.7% | 7.4% | 10.6% | — |
Jindal Stainless (Hisar) LimitedJSLHISAR | ₹13,230 Cr | — | — | — | 14.0% | — | — | — |
Tinplate Company of India Ltd.TINPLATE | ₹4,505 Cr | — | — | -12.0% | 5.4% | 7.8% | 10.6% | — |
Tata Steel Long Products LimitedTATASTLLP | ₹3,740 Cr | — | — | — | 0.5% | -119.3% | 4.9% | — |
ISMT LimitedISMTLTD | ₹3,612 Cr | — | — | -1.9% | 14.5% | 10.7% | 16.1% | — |
Texmaco Infrastructure & Holdings LimitedTEXINFRA | ₹1,573 Cr | 163.5× | 96.55 | 5.5% | 96.8% | 0.8% | 1.1% | +25.4% |
As of Q2 FY24
Financials
Tata Metaliks Limited
NSE: TATAMETALI · Iron & Steel
Merged into Tata Steel Ltd. on 31 Jan 2024, ratio 79:10
Snapshot
Unlock Tata Metaliks Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Tata Metaliks Limited is a subsidiary of Tata Steel Limited that manufactures and sells pig iron and ductile iron pipes. The company serves diverse sectors including automotive, infrastructure, and water distribution through its established product brands.
Business Model
The company generates revenue by producing and selling pig iron for foundry applications and ductile iron pipes for water infrastructure projects. It also monetises by-products such as granulated blast furnace slag to the cement industry.
Growth Outlook
Growth is driven by increasing demand for water infrastructure development and the expansion of industrial casting applications. The company continues to leverage its parentage under Tata Steel to enhance operational efficiencies.
Key Risks
- Raw Material Price Volatility. Fluctuations in the prices of iron ore, coke, and scrap metal directly impact the company's manufacturing margins.
- Cyclicality of Steel Industry. The business is highly sensitive to economic cycles and industrial demand, which can lead to significant revenue volatility.
- Regulatory and Environmental Compliance. Stringent environmental regulations regarding emissions and waste management in the steel sector may necessitate increased capital expenditure.
- Infrastructure Project Delays. As a supplier to water and infrastructure projects, the company is vulnerable to delays in government project execution and funding.
Start your research today
Unlock AI insights, financials, peers and live data on Tata Metaliks Limited and 5,000+ companies — free.
Key Metrics
REVENUE
₹3,121 Cr
TTM · standalone
NET PROFIT
₹114 Cr
TTM · standalone
EPS
₹36.02
TTM · standalone
RETURN ON EQUITY
7.4%
TTM · standalone
RETURN ON CAPITAL EMPLOYED
10.6%
TTM · standalone
EBITDA MARGIN
8.7%
TTM · standalone
NET PROFIT MARGIN
5.9%
Q2 FY24 · standalone
Peers · Iron & Steel
As of Q2 FY24