Tata Steel Reports Record FY2026 Production and Deliveries; India Operations Lead Growth

Tata Steel records highest production and deliveries in FY2026 driven by strong India operations growth
Tata Steel reports record production and deliveries in FY2026, led by strong India operations.

Tata Steel Limited has reported its highest-ever annual crude steel production and delivery volumes for FY2026, driven by robust performance in its India operations and sustained growth across key business verticals, according to its latest provisional operational data.

The company’s India operations achieved a record crude steel production of 23.48 million tonnes in FY2026, marking an 8% year-on-year increase. This growth was primarily supported by the ramp-up at the Kalinganagar plant, despite partial offsets from the relining shutdown of the ‘G’ blast furnace at Jamshedpur. For the fourth quarter (4QFY26), production stood at 6.25 million tonnes, registering a sharp 15% year-on-year rise.

Deliveries in India also reached an all-time high of 22.53 million tonnes during the fiscal, with domestic deliveries surpassing 20 million tonnes for the first time. In the fourth quarter, deliveries grew 10% year-on-year, achieving the company’s best-ever quarterly performance.

Among key segments, the Automotive & Special Products vertical recorded its highest-ever annual volumes of approximately 3.4 million tonnes, supported by expanded downstream capacities and a strategic shift toward value-added products, which grew 11% year-on-year. The Branded Products & Retail segment also posted record volumes of around 7.3 million tonnes, led by strong performance from established brands such as Tata Tiscon and Tata Steelium, the latter witnessing a 28% year-on-year growth.

The Industrial Products & Projects vertical contributed significantly with volumes of about 7.2 million tonnes, bolstered by increased presence in high-value sectors including defence and shipbuilding. Additionally, downstream businesses—including tubes, tinplate, and coated products—registered double-digit growth, while the wires segment exceeded its previous peak.

The company’s digital platforms, Tata Steel Aashiyana and DigECA, recorded a gross merchandise value of ₹9,360 crore, reflecting a substantial 161% year-on-year growth.

Internationally, Tata Steel Netherlands reported liquid steel production of approximately 6.7 million tonnes and deliveries of 6.1 million tonnes in FY2026. Quarterly deliveries rose 21% sequentially to 1.7 million tonnes in 4QFY26.

In the UK, deliveries stood at 2.2 million tonnes for the year, impacted by subdued market conditions. The company is progressing with the development of a 3 MTPA Electric Arc Furnace at Port Talbot as part of its transition strategy.

Tata Steel Thailand recorded saleable steel production of 1.33 million tonnes and deliveries of 1.32 million tonnes, with an 11% year-on-year increase in deliveries driven by strong domestic demand for rebars.

Overall, Tata Steel’s FY2026 performance underscores its operational resilience, market leadership in India, and strategic focus on high-value products and digital transformation, even amid varying global market dynamics.

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