Key Facts

Performance Indicator	Grouping	FY08	FY09	FY10	FY11
Shipments (kt)	Consolidated	31,678	28,542	23,607	23,540
	Tata Steel India	4,782	5,232	6,169	6,416
	Tata Steel Europe	22,800	19,691	14,422	14,873
	NatSteel	2,493	2,369	1,779	1,803
	Tata Steel Thailand	1,433	1,112	1,198	1,290
Turnover (US$ m)	Consolidated	29,502	33,045	22,966	26,635
	Tata Steel India	4,417	5,454	5,612	6,593
	Tata Steel Europe	22,478	24,575	14,768	17,044
	NatSteel	1,718	3,021	1,403	1,663
	Tata Steel Thailand	914	889	708	877
EBITDA (US$ m)	Consolidated	4,101	4,148	2,095	4,398
	Tata Steel India	1,852	2,118	2,199	2,742
	Tata Steel Europe	2,039	1,997	(303)	943
	NatSteel	51	63	56	68
	Tata Steel Thailand	113	33	31	12
Profit After Tax (US$ m)	Consolidated	2770	1110	-451	2015
Basic EPS (US$)	Consolidated	176.81	66.07	-24.92	99.03

The conversion rate used is US$ 1= 44.585 INR

	FY08	FY09	FY10	FY11
EBITDA/Turnover	14%	13%	9%	14%
PBT/Turnover	8%	7%	2%	8%
Return on Avg. Capital Employed	21%	16%	6%	14%
Return on Avg. Net Worth	51%	16%	-8%	30%
Asset Turnover	108%	129%	98%	93%
Inventory Turnover (in days)	37	55	72	66
Debtors Turnover (in days)	28	39	44	40
Net Debt to Equity	2.0	1.7	1.8	1.6
Current Ratio	1.9	1.8	1.5	1.8
Interest Cover ratio	3.5	4.3	1.6	4.6
Dividend Payout ratio	11%	30%	n.m.	15%
P/E Ratio (year end price)	3.9	3.1	n.m.	6.3

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