Tata Steel Previous Years »Standalone Balance Sheet ------------------- in Rs. Cr. -------------------

Mar '15 Mar '14 Mar '13 Mar '12

12 mths 12 mths 12 mths 12 mths

Sources Of FundsTotal Share Capital 971.41 971.41 971.41 971.41Equity Share Capital 971.41 971.41 971.41 971.41Share Application Money 0 0 0 0Preference Share Capital 0 0 0 0Reserves 65,692.48 60,176.58 54,238.27 51,649.95Networth 66,663.89 61,147.99 55,209.68 52,621.36Secured Loans 4,507.64 4,400.55 4,311.02 4,190.47Unsecured Loans 21,702.61 21,726.23 21,600.49 19,503.35Total Debt 26,210.25 26,126.78 25,911.51 23,693.82Total Liabilities 92,874.14 87,274.77 81,121.19 76,315.18

Mar '15 Mar '14 Mar '13 Mar '12

12 mths 12 mths 12 mths 12 mths

Application Of FundsGross Block 41,791.52 39,019.72 38,056.28 23,081.58Less: Revaluation Reserves 0 0 0 0Less: Accum. Depreciation 16,543.00 14,753.97 13,181.23 11,715.32Net Block 25,248.52 24,265.75 24,875.05 11,366.26Capital Work in Progress 23,036.67 18,509.40 8,722.29 16,058.49Investments 53,164.32 54,661.80 50,418.80 50,282.52Inventories 8,042.00 6,007.81 5,257.94 4,858.99Sundry Debtors 491.46 770.81 796.92 904.08Cash and Bank Balance 478.59 961.16 2,218.11 3,946.99Total Current Assets 9,012.05 7,739.78 8,272.97 9,710.06Loans and Advances 5,215.56 5,863.68 9,587.82 8,773.73Fixed Deposits 0 0 0 0Total CA, Loans & Advances 14,227.61 13,603.46 17,860.79 18,483.79Deferred Credit 0 0 0 0Current Liabilities 18,251.65 19,957.78 17,098.06 15,958.34Provisions 4,551.33 3,807.86 3,657.68 3,917.54Total CL & Provisions 22,802.98 23,765.64 20,755.74 19,875.88Net Current Assets -8,575.37 -10,162.18 -2,894.95 -1,392.09Miscellaneous Expenses 0 0 0 0Total Assets 92,874.14 87,274.77 81,121.19 76,315.18

Contingent Liabilities 14,610.35 17,398.71 18,999.02 18,039.57Book Value (Rs) 686.4 629.6 568.46 541.81

Source : Dion Global Solutions Limited

Mar '11

12 mths

959.41959.41

178.20

45,807.0246,944.63

3,509.1822,639.0026,148.1873,092.81

Mar '11

12 mths

22,497.830

10,692.7311,805.10

5,612.2846,564.94

3,953.76424.02

4,138.788,516.56

17,052.840

25,569.400

12,037.594,421.32

16,458.919,110.49

073,092.81

14,288.41487.55

Tata Steel Previous Years »Standalone Profit & Loss account ------------------- in Rs. Cr. -------------------

Mar '15 Mar '14 Mar '13

12 mths 12 mths 12 mths

IncomeSales Turnover 46,577.26 46,309.34 42,317.24Excise Duty 4,792.26 4,598.31 4,117.81Net Sales 41,785.00 41,711.03 38,199.43Other Income 2,473.63 645.88 227.51Stock Adjustments 745.17 155.18 404.6Total Income 45,003.80 42,512.09 38,831.54ExpenditureRaw Materials 14,701.62 12,641.57 12,421.63Power & Fuel Cost 2,704.42 2,772.31 2,510.17Employee Cost 4,601.92 3,673.08 3,608.52Other Manufacturing Expenses 0 0 0Selling and Admin Expenses 0 0 0Miscellaneous Expenses 10,513.41 9,962.35 8,937.47Preoperative Exp Capitalised 0 0 0Total Expenses 32,521.37 29,049.31 27,477.79

Mar '15 Mar '14 Mar '13

12 mths 12 mths 12 mths

Operating Profit 10,008.80 12,816.90 11,126.24PBDIT 12,482.43 13,462.78 11,353.75Interest 1,975.95 1,820.58 1,876.77PBDT 10,506.48 11,642.20 9,476.98Depreciation 1,997.59 1,928.70 1,640.38Other Written Off 0 0 0Profit Before Tax 8,508.89 9,713.50 7,836.60Extra-ordinary items 0 0 0PBT (Post Extra-ord Items) 8,508.89 9,713.50 7,836.60Tax 2,069.77 3,301.31 2,773.63Reported Net Profit 6,439.12 6,412.19 5,062.97Total Value Addition 17,819.75 16,407.74 15,056.16Preference Dividend 0 0 0Equity Dividend 776.97 971.21 776.97Corporate Dividend Tax 153.02 66.19 128.73Per share data (annualised)Shares in issue (lakhs) 9,712.15 9,712.15 9,712.15Earning Per Share (Rs) 66.3 66.02 52.13Equity Dividend (%) 80 100 80Book Value (Rs) 686.4 629.6 568.46

Source : Dion Global Solutions Limited

Mar '12 Mar '11

12 mths 12 mths

37,005.71 29,396.353,072.25 0

33,933.46 29,396.351,397.44 1,176.45

220.72 173.6535,551.62 30,746.45

9,917.37 7,841.471,990.16 1,558.493,047.26 2,837.46

0 00 0

7,662.62 5,850.290 0

22,617.41 18,087.71Mar '12 Mar '11

12 mths 12 mths

11,536.77 11,482.2912,934.21 12,658.74

1,925.42 1,735.7011,008.79 10,923.04

1,151.44 1,146.190 0

9,857.35 9,776.850 0

9,857.35 9,776.853,160.93 2,911.166,696.42 6,865.69

12,700.04 10,246.240 0

1,165.46 1,151.06181.57 156.71

9,712.14 9,592.1468.95 71.58

120 120541.81 487.55

ata Steel Previous Years »Cash Flow ------------------- in Rs. Cr. -------------------

Mar '15 Mar '14

12 mths 12 mths

Net Profit Before Tax 8508.89 9713.5Net Cash From Operating Activities 4851.89 12432.8Net Cash (used in)/from -2382.1 -9837.42Investing ActivitiesNet Cash (used in)/from Financing Activities -2957.21 -3825.98Net (decrease)/increase In Cash and Cash Equivalents -487.4 -1230.6Opening Cash & Cash Equivalents 909.33 2139.93Closing Cash & Cash Equivalents 421.93 909.33

Source : Dion Global Solutions Limited

------------------- in Rs. Cr. -------------------Mar '13 Mar '12 Mar '11

12 mths 12 mths 12 mths

7836.6 9857.35 9776.8511068.67 10256.47 8339

-8522.4 -2859.11 -13084.86

-4281.59 -7599.35 5650.99-1735.32 -201.99 905.133900.53 4102.52 3191.292165.21 3900.53 4096.42

Tata Steel Previous Years »------------------- in Rs. Cr. -------------------

Mar '15 Mar '14

Investment Valuation RatiosFace Value 10 10Dividend Per Share -- --Operating Profit Per Share (Rs) 129.07 168.97Net Operating Profit Per Share (Rs) 1,436.38 1,530.18Free Reserves Per Share (Rs) -- --Bonus in Equity Capital 26.04 26.04Profitability RatiosOperating Profit Margin(%) 8.98 11.04Profit Before Interest And Tax Margin(%) 4.69 7.08Gross Profit Margin(%) 4.72 7.11Cash Profit Margin(%) 4.21 6.39Adjusted Cash Margin(%) 4.21 6.39Net Profit Margin(%) -2.81 2.41Adjusted Net Profit Margin(%) -2.79 2.41Return On Capital Employed(%) 7.17 9.96Return On Net Worth(%) -12.52 8.86Adjusted Return on Net Worth(%) -0.08 9.1Return on Assets Excluding Revaluations 322.79 417.33Return on Assets Including Revaluations 322.79 417.33Return on Long Term Funds(%) 7.43 11.64Liquidity And Solvency RatiosCurrent Ratio 1.01 0.86Quick Ratio 0.62 0.65Debt Equity Ratio 2.28 1.74Long Term Debt Equity Ratio 2.17 1.35Debt Coverage RatiosInterest Cover 1.52 2.56Total Debt to Owners Fund 2.28 1.74Financial Charges Coverage Ratio 2.75 3.9Financial Charges Coverage Ratio Post Tax 1.42 3.18Management Efficiency RatiosInventory Turnover Ratio 5.74 5.7Debtors Turnover Ratio 9.52 9.91Investments Turnover Ratio 5.74 5.7Fixed Assets Turnover Ratio 0.97 0.99Total Assets Turnover Ratio 1.59 1.59Asset Turnover Ratio 1.28 1.44

Average Raw Material Holding -- --

Average Finished Goods Held -- --Number of Days In Working Capital 14.31 18.1Profit & Loss Account RatiosMaterial Cost Composition 47.63 50.63Imported Composition of Raw Materials Consumed -- --Selling Distribution Cost Composition -- --Expenses as Composition of Total Sales -- --Cash Flow Indicator RatiosDividend Payout Ratio Net Profit -- 29.24Dividend Payout Ratio Cash Profit 46.63 11.14Earning Retention Ratio -- 71.52Cash Earning Retention Ratio 84.1 88.98AdjustedCash Flow Times 12.1 7.41

------------------- in Rs. Cr. -------------------

Mar '13 Mar '12 Mar '11

10 10 10-- -- --

126.86 127.85 174.711,387.04 1,368.39 1,238.89

-- -- --26.04 26.04 26.38

9.14 9.34 14.14.98 5.87 10.32

5 5.94 10.384.14 4.53 8.564.14 4.53 8.56

-5.23 4.05 7.56-5.22 4 7.52

7.9 9.98 14.43-20.65 12.64 25.38

0.07 3.72 16.41351.85 438.79 369.16351.85 438.79 369.16

8.67 10.5 15.1

0.99 1.13 1.270.69 0.74 0.851.68 1.23 1.541.44 1.12 1.43

1.82 2.23 3.291.68 1.23 1.543.23 3.29 4.410.63 3.33 4.39

5.76 5.31 5.049.33 8.95 8.985.76 5.31 5.041.04 1.22 1.251.75 1.75 1.611.42 1.42 1.41

-- -- --

-- -- --22.92 36.9 60.44

51.18 56.09 51.51-- -- ---- -- ---- -- --

-- 25.07 14.62-67.68 13.63 9.8

-- 14.83 77.482.1 77.87 87.16

10.22 8.55 5.33

Tata Steel Previous Years »Consolidated Yearly Results ------------------- in Rs. Cr. -------------------

Mar '15

Net Sales/Income from operations 138,318.91Other Operating Income 1,184.82Total Income From Operations 139,503.73EXPENDITUREConsumption of Raw Materials 40,770.27Purchase of Traded Goods 13,804.22Increase/Decrease in Stocks 1,092.95Power & Fuel 5,913.28Employees Cost 21,407.64Depreciation 5,943.60Excise Duty --Admin. And Selling Expenses --R & D Expenses --Provisions And Contingencies --Exp. Capitalised --Other Expenses 43,979.62P/L Before Other Inc., Int., Excpt. Items & Tax 6,592.15Other Income 796.18P/L Before Int., Excpt. Items & Tax 7,388.33Interest 4,847.75P/L Before Exceptional Items & Tax 2,540.58Exceptional Items -3,928.67P/L Before Tax -1,388.09Tax 2,567.41P/L After Tax from Ordinary Activities -3,955.50Prior Year Adjustments --Extra Ordinary Items --Net Profit/(Loss) For the Period -3,955.50Minority Interest 13.29Share Of P/L Of Associates 16.69Net P/L After M.I & Associates -3,925.52Equity Share Capital 971.41Reserves Excluding Revaluation Reserves 30,378.00Equity Dividend Rate (%) --EPS Before Extra OrdinaryBasic EPS -42.24Diluted EPS -42.24EPS After Extra OrdinaryBasic EPS -42.24Diluted EPS -42.24

Public Share HoldingNo Of Shares (Crores) 64.88Share Holding (%) 68.06Promoters and Promoter Group Shareholdinga) Pledged/Encumbered- Number of shares (Crores) 2.74- Per. of shares (as a % of the total sh. of prom. and promoter group) 9.00- Per. of shares (as a % of the total Share Cap. of the company) 2.82b) Non-encumbered- Number of shares (Crores) 27.71- Per. of shares (as a % of the total sh. of prom. and promoter group) 91.00- Per. of shares (as a % of the total Share Cap. of the company) 28.53Notes |201503

------------------- in Rs. Cr. -------------------

Mar '14 Mar '13 Mar '12 Mar '11

147,347.28 133,416.60 132,257.36 117,149.781,266.27 1,294.94 642.34 1,603.34

148,613.55 134,711.54 132,899.70 118,753.12

46,242.98 40,643.46 45,457.54 38,748.5817,008.21 18,473.87 21,073.43 15,890.40

-514.67 1,418.92 -785.93 -1,355.986,035.77 5,554.01 4,915.45 4,014.77

20,311.91 18,918.25 17,228.64 15,840.205,841.22 5,575.32 4,516.65 4,414.82

-- -- -- ---- -- -- ---- -- -- ---- -- -- ---- -- -- --

43,118.34 37,381.82 32,593.78 28,868.4810,569.79 6,745.89 7,900.14 12,331.85

516.81 479.15 1,573.03 679.9811,086.60 7,225.04 9,473.17 13,011.83

4,336.83 3,968.11 4,250.11 3,955.786,749.77 3,256.93 5,223.06 9,056.05

-27.64 -7,389.88 3,361.92 3,045.906,722.13 -4,132.95 8,584.98 12,101.953,058.16 3,229.44 3,636.46 3,245.903,663.97 -7,362.39 4,948.52 8,856.05

-- -- -- ---- -- -- --

3,663.97 -7,362.39 4,948.52 8,856.05-69.92 214.46 173.14 60.28

0.84 90.31 268.11 66.363,594.89 -7,057.62 5,389.77 8,982.69

971.41 971.41 971.41 958.74-- 33,200.83 42,049.71 34,426.97-- -- -- --

35.19 -74.54 54.28 99.0335.19 -74.54 53.63 92.86

35.19 -74.54 54.28 99.0335.19 -74.54 53.63 92.86

63.78 64.5 64.86 64.1867.69 67.93 68.05 68.62

2.24 2 1 --7.36 6.57 3.28 --2.31 2.06 1.03 --

28.21 28.45 29.45 29.3592.64 93.43 96.72 10029.04 29.29 30.32 30.6

|201403 |201303 |201203 |201103