This study analyzes the financial performance of Tata Steel Limited by examining three critical metrics: Earnings Per Share (EPS), Market Price Per Share (MPS), and Dividend Per Share (DPS) over the five-year period from 2020 to 2024. As one of India’s largest and most globally recognized steel manufacturers, Tata Steel plays a crucial role in the industrial economy. The research highlights significant fluctuations in EPS, influenced by global steel demand, operational efficiency, and macroeconomic conditions. MPS demonstrated overall growth, reflecting investor confidence despite earnings volatility. DPS peaked in 2022, rewarding shareholders, but later declined, while the payout ratio surged in 2024. The findings suggest that although Tata Steel faced profitability challenges in recent years, especially with negative EPS in 2024, its consistent dividend policy and stable market price underline its strategic financial management. The study concludes that improvements in cost control and adaptability to market shifts could lead to future recovery in earnings and sustainable shareholder returns.