TATASTEEL / Q4-FY24 / promises

Measure what management said.

Tata Steel · A quarter-by-quarter view of forward statements and whether delivery is visible yet.

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WatchQ4-FY24 · 2024-05-23Back to quarter ↗

Management delivery ledger

Promises over time.

21 tracked

Q1-FY26 · Q4 FY25

Q1 FY26 India steel prices INR 3,000/ton higher QoQ

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q2-FY24 · Q1 FY24

Q2 India realization decline of ₹3,100/ton

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q2-FY24 · Q1 FY24

Q2 Europe realization decline of GBP 38/ton

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q2-FY24 · Q1 FY24

Net debt/EBITDA target of 2.5x by year-end

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q2-FY25 · Q1 FY25

UK EBITDA to break even from Q3 FY25

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q2-FY25 · Q1 FY25

India net realizations expected INR 1,500/ton lower in Q2

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q2-FY25 · Q1 FY25

Netherlands net realizations expected GBP 60/ton lower in Q2

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q2-FY26 · Q1 FY26

India net realizations expected ~INR 2,000/ton lower in Q2

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q2-FY26 · Q1 FY26

Coking coal costs expected $10/ton lower in Q2

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY24 · Q2 FY24

India net realizations expected up INR 2,200/ton QoQ in Q3

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY24 · Q2 FY24

Netherlands EBITDA positive from Q4 FY24

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY25 · Q2 FY25

India net realizations expected INR 2,000/ton lower in Q3 vs Q2

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY25 · Q2 FY25

Kalinganagar blast furnace to reach 15,000 tons/day by Q4 FY25

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY26 · Q2 FY26

India Q3 realization decline of INR 1,500/ton QoQ

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY26 · Q2 FY26

India Q3 volume increase of 500,000 tons QoQ

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY26 · Q2 FY26

UK EBITDA break-even unlikely in Q4 FY26 without government action

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q3-FY26 · Q2 FY26

Netherlands Q4 improvement expected from EU Steel Plan

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q4-FY24 · Q3 FY24

India realizations expected ~INR 1,000 lower QoQ in Q4

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q4-FY24 · Q3 FY24

Coking coal consumption cost ~$10 higher QoQ in Q4

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q4-FY25 · Q3 FY25

India NSR flat QoQ in Q4

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1

Q4-FY25 · Q3 FY25

UK breakeven by Q2 FY26

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

missed

heuristic_v1