TATA Steel:

• 6 years ago acquired UK based Corus – Europe’s 2^nd largest steel producer.
• Post Corus acquisition, TATA Steel became one among Top 10 global steel makers.
• Capacity of 29 million tonnes per annum
• 29% revenue from domestic market
• 28% revenue from European union
• 24% revenue from UK
• 13% revenue from Asia
• Total Debt: ` 66074 Cr
• Debt Equity Ratio: 1.58 as on FY 2013
• Loss of ` 7057 Crores in FY 2013
• Capital Expenditure incurred : ` 15,472 Cr
• TATA Steel is in the process of cleaning up its balance sheet : wrote off US$ 1.6 billion in FY 2013 – significant part being Corus.
• Book Value per share is ` 352.
• 2-3 years of strong steel cycle required for the company to bounce back.