Resilient. Resolute. Future-Ready.
At Tata Steel, innovation and responsibility have been at the core of building a sustainable enterprise and exploring possibilities towards creating a better future. Whether by developing high-strength steel or offering new solutions for construction and mobility, we relentlessly focus on delivering world-class products that are synonymous with quality and durability. We also deploy best available technologies and processes to drive resource efficiency and develop materials of the future which are superior, sustainable and affordable.
The ebbs and flows of business cycles notwithstanding, we have focussed on strengthening our balance sheet, upholding the highest standards in ethical and responsible business practices and striving towards a shared future of prosperity.
CHAIRMAN’S MESSAGE
Transforming for
a better future
Tata Steel’s Four Pillars
of Transformation
- Resilience and Agility
- Simplification and Scale
- Technology and Digital Leadership
- Enabling Planet Resilience
Performance Snapshot
SUMMARY FY 2020-21
A year of resilience
The first half of the financial year witnessed disruptions caused by the pandemic. However, the domestic steel demand improved from the second half with favourable policies, increased government spending and relaxed movement norms.
We achieved highest-ever India deliveries as well as consolidated EBITDA during FY 2020-21.
Crude Steel Production (MnT)
7%Deliveries (MnT)
Turnover (` crore)
7%Reported EBITDA (` crore)
45%Reported EBITDA per tonne (`)
45%Reported profit-after-tax (` crore)
102%Cash generated from operations – before tax (` crore)
95%Crude Steel Production (MnT)
7%Deliveries (MnT)
2%Turnover (` crore)
11%Reported EBITDA (` crore)
62%Reported EBITDA per tonne (`)
59%Reported profit-after-tax (` crore)
198%Cash generated from operations – before tax (` crore)
135%Crude Steel Production (MnT)
7%Deliveries (MnT)
1%Turnover (` crore)
5%Reported EBITDA (` crore)
71%Reported EBITDA per tonne (`)
73%Reported profit-after-tax (` crore)
599%Cash generated from operations – before tax (` crore)
102%Tata Steel (India) – Tata Steel standalone + Tata Steel BSL Limited (TSBSL) + Tata Steel Long Products Limited (TSLP)
Tata Steel (Consolidated) – Tata Steel India + Tata Steel Europe + Tata Steel South-East Asia + Rest of the World
Numbers pertain to FY 2020-21. The percentage increase/decrease is compared to FY 2019-20
About Tata Steel
CORPORATE PORTRAIT
Forging our resolve to be future-ready
As one of the world’s most geographically diversified steel producers, Tata Steel strives to be the global steel industry benchmark for value creation, corporate citizenship and business ethics.
Operations
Integrated from mining
to finished steel
Products
Diverse product range across segments
Presence
Wide presence across the country
At Tata Steel, we leverage our innovation capabilities, technology leadership and focus on sustainability to create long-term value.
INNOVATION
Creating solutions that make a positive difference to the society with patents, new products and materials and developing in-house technologies.
TECHNOLOGY
Technology leadership is a strategic enabler to achieve sustainable differentiation and create innovative businesses.
SUSTAINABILITY
Remaining committed to conserving natural resources while ensuring sustainable growth and fostering strong relationships with communities.
About Tata Steel
INTEGRATED OPERATIONS
Inbuilt excellence for tomorrow and beyond
Our fully integrated operations – from mining to finished steel production – enables us to deliver superior value proposition. We invest continuously in process efficiency and state-of-the-art technology with a relentless focus on innovation.
Read MoreINTEGRATED OPERATIONS
Jamshedpur
The Jamshedpur plant is our flagship facility and is among the first steel plants in Asia.
11 MnTPA*
Installed capacity
Kalinganagar
Commissioned in 2016, the Kalinganagar plant attained production levels at its rated capacity of 3 MnTPA in less than two years.
3 MnTPA
Installed capacity
Dhenkanal
Tata Steel BSL’s plant in Dhenkanal is one of India’s largest integrated steel...
5.6 MnTPA
Installed capacity
Leadership
MANAGEMENT SPEAK
Focussing on all round excellence in an uncertain environment
Koushik Chatterjee
Executive Director and Chief Financial Officer
T. V. Narendran
Chief Executive Officer and Managing Director
Strategy
STRATEGY PLANNING
Thinking ahead to retain competitive edge
Our strategy planning process is influenced by the Vision, Mission and Values of the organisation, along with the strategic direction provided by the Senior Leadership Team. As part of the process, we examine both external and internal business environment and factor in potential risks and opportunities that could disrupt the industry. Materiality assessment provides insights to the changing needs of all our stakeholders.
Read moreSTRATEGIC OBJECTIVES
Resolute steps towards tomorrow
At Tata Steel, we aspire to be future-ready structurally, financially and culturally, in our pursuit to be the most valuable and respected steel company in the world. For our Indian operations, we have identified four Strategic Objectives (SOs) to create sustainable and profitable growth.
Read more
Stakeholders and Materiality
MATERIALITY
Defining our priorities through materiality
Materiality enables us to identify, prioritise, track and report the most important sustainability issues. To identify the top 20 environmental, social and governance (ESG) issues, we conducted an extensive stakeholder engagement exercise in FY 2018-19.
Economic
Business growth
Long-term profitability
Product and service quality
Environmental
CO2 emission
Air pollution
Energy efficiency
Waste management
Social
Occupational Health and Safety (OHS)
Labour relations
Local sourcing of labour
Capitals
Financial capital
Manufactured capital
Intellectual capital 
Human capital 
Natural capital 
Social and Relationship capital 
Governance
SUSTAINABILITY STRATEGY
Deeply imbibed sustainability strategy
Sustainability is deep rooted in the culture of the organisation and this commitment is embedded in the Company’s Vision which balances the aspiration of being steel industry benchmark in value creation and corporate citizenship.
Read more
Tata Steel creations
King Power MahaNakhon, Bangkok
A marvel of tomorrow elevating the skyline and exemplifying ingenuity and innovation, raising the bar of luxury for tomorrow.
The iconic structure is built using 2,000 tonne of Tata Tiscon rebars.
Sure, we make steel.
But #WeAlsoMakeTomorrow.
Tata Steel creations
The Kelpies, Falkirk, Scotland
The Kelpies are two monumental steel sculptures of horses’ heads. Visually stunning and standing up to 30 metres high, they represent a truly remarkable feat of engineering. For its strength and versatility, more than 300 tonne of Tata Steel’s Celsius 355 hot-finished Structural Hollow Section was provided to create the complex frames that form the dramatic internal structure and were crucial factors in bringing The Kelpies ‘to life’.
Sure, we make steel.
But #WeAlsoMakeTomorrow.
Tata Steel creations
Bogibeel Bridge, Assam, India
Spanning 4.94 km across the Brahmaputra, the Bogibeel bridge – India’s longest rail-cum-road bridge—shortens travel time for no less than 5 million people in Assam.
Over 75% of the rebars used in the fully welded steel-concrete composite girders are Tata Tiscon SD, capable of taking heavy loads and withstanding severe earthquakes. Helping bridge the gap between today and tomorrow.
Sure, we make steel.
But #WeAlsoMakeTomorrow.
Tata Steel creations
Narendra Modi Stadium, Ahmedabad, India
The world’s largest cricket stadium at Motera, Ahmedabad, is a sight to behold. With a seating capacity of 1,10,000, the stadium is a landmark achievement of national sporting importance.
11,000 tonne of Tata Tiscon rebars – 75% supplied in customised sizes – went into the making of this magnificent structure, along with 41,000 couplers and 84,000 threads. Ensuring timely completion of this project defined how the game is enjoyed tomorrow.
Sure, we make steel.
But #WeAlsoMakeTomorrow.
Tata Steel creations
Marina Bay Sands, Singapore
Singapore’s most iconic hotel with state-of-the-art structural engineering is testament to what can come to be when imagination and innovation are harnessed.
This inspiring structure of architectural excellence was built using 17,000 tonne of high quality steel supplied by Tata Steel.
Sure, we make steel.
But #WeAlsoMakeTomorrow.
Tata Steel creations
Jharkhand
Ensuring sustainable practices with our Long Pipe Conveyor at West Bokaro.
Sure, we make steel.
But #WeAlsoMakeTomorrow.
Tata Steel creations
The twin towers of the tallest building in Smart City, Kochi—Sands lnfinlT Project—have used 461 tonne of our Sm@rtFAB pre-fabricated welded wire mesh solution in addition to 100 tonne of Tubes. The use of Sm@rtFAB has helped decrease construction time by 30 to 40% while reducing dependence on available labour, bringing tomorrow closer.
Sure, we make steel.
But #WeAlsoMakeTomorrow.
Tata Steel creations
A Municipal Solid Waste Dump in Jamshedpur has been converted into Dalma View Point, a 5-acre green picnic spot
Sure, we make steel.
But #WeAlsoMakeTomorrow.