Tata Steel Ltd.

Financial

	Tata Steel	Prakash Inds.	Sunflag Iron & Steel
Operational Metrics
Steel Sector
Capacity Utilization - Steel	90.51 %	n/a	n/a
EBITDA/Tonne - Steel	8311.0 Rs/Tonne	n/a	n/a
Realization/Tonne - Steel	73542.61 Rs/MT	n/a	n/a
Manufacturing Capacity - Steel	35000.0 Ths Tonnes	1100.0 Ths Tonnes	n/a
Quarterly Sales Volume - Steel	7.98 Million Tonnes	n/a	n/a
Financials
5 yr Average ROE	10.23 %	6.79 %	14.67 %
5yr average Equity Multiplier	3.0	1.37	1.69
5yr Average Asset Turnover Ratio	0.76	0.84	0.87
5yr Avg Net Profit Margin	4.79 %	5.98 %	11.54 %
Price to Book	2.36	1.09	0.74
P/E	0.0	9.45	26.71
5yr Avg Cash Conversion Cycle	-37.16 Days	17.81 Days	67.44 Days
Inventory Days	75.33 Days	28.48 Days	95.42 Days
Days Receivable	11.56 Days	8.65 Days	30.33 Days
Days Payable	133.55 Days	24.78 Days	58.67 Days
5yr Average Interest Coverage Ratio	3.72	3.31	8.48
5yr Avg ROCE	13.68 %	8.35 %	12.03 %
5yr Avg Operating Profit Margin	16.77 %	12.98 %	12.73 %
5 yr average Debt to Equity	1.0	0.21	0.24
5yr CAGR Net Profit	n/a	-13.18 %	58.85 %
5yr Average Return on Assets	3.87 %	4.93 %	9.1 %
Shareholdings
Promoter Holding	33.19 %	44.24 %	51.16 %
Share Pledged by Promoters	0.0	13.34 %	0.0
Change in Promoter Holding (3 Yrs)	-1.22 %	3.26 %	0.0
Change in Mutual Fund Holding (3 Yrs)	-1.48 %	-0.02 %	0.06 %

Business

	Tata Steel	Prakash Inds.	Sunflag Iron & Steel
Product Wise Break-Up	Product Wise Break-Up Steel 94.17 Iron & Steel 0 PVC Pipe and Packaging 0 Power 0 0 Others 5.83	Product Wise Break-Up PVC Pipe and Packaging 0 Power 0 Steel 100.0 0 Steel 0	Product Wise Break-Up PVC Pipe and Packaging 0 Power 0 Iron & Steel 0 Steel & Steel Products ( Rolled Products ) 100.0 Steel 0
Location Wise Break-Up	Location Wise Break-Up India 53.63 Rest of the World 46.37	Location Wise Break-Up Rest of the World 0 India 100.0	Location Wise Break-Up Rest of the World 0 India 100.0
Operating Profit Break-Up	Operating Profit Break-Up Tata steel India 99.57 South east Asian operation 0.43 Tata steel Europe 0 Tata Steel long products 0 Iron & Steel 0 Power 0	Operating Profit Break-Up South east Asian operation 0 Tata Steel long products 0 Tata steel Europe 0 Iron & Steel 99.0 Power 1.0 Tata steel India 0	-
Verticals	Verticals Tata Steel Limited 47.96 Tata steel Europe 25.95 Other Trade Related Operations 17.88 Other Indian Operations 4.19 South East Asian Operations 2.5 Rest of the World 0.04 Tata Steel Long Products 0 0 Others 1.48	-	-
Customer Segment	Customer Segment B2B Industrial product & projects 32.95 B2C 27.75 B2ECA 21.39 B2B Automotive 11.56 Others 6.35	-	-
Asset Break-Up	Asset Break-Up India 76.81 Others 23.19	-	-
Asset Break-Up	Asset Break-Up India 76.81 Others 23.19	-	-