Automobiles
Valuation | |
|---|---|
| Market Cap | 1.39 LCr |
| Price/Earnings (Trailing) | 53.34 |
| Price/Sales (Trailing) | 0.37 |
| EV/EBITDA | 6.31 |
| Price/Free Cashflow | 3.05 |
| MarketCap/EBT | 36.56 |
| Enterprise Value | 1.74 LCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | -0.50% |
| Price Change 1M | 11.5% |
| Price Change 6M | -44.4% |
| Price Change 1Y | -45.2% |
| 3Y Cumulative Return | -4.7% |
| 5Y Cumulative Return | 3.9% |
| 7Y Cumulative Return | 11.7% |
| 10Y Cumulative Return | 1.7% |
| Revenue (TTM) |
| 3.72 LCr |
| Rev. Growth (Yr) | -38% |
| Earnings (TTM) | 85.32 kCr |
| Earnings Growth (Yr) | -162.4% |
Profitability | |
|---|---|
| Operating Margin | 2% |
| EBT Margin | 1% |
| Return on Equity | 72.71% |
| Return on Assets | 24.78% |
| Free Cashflow Yield | 32.83% |
Cash Flow & Liquidity |
|---|
| Cash Flow from Investing (TTM) | -47.59 kCr |
| Cash Flow from Operations (TTM) | 63.1 kCr |
| Cash Flow from Financing (TTM) | -18.79 kCr |
| Cash & Equivalents | 23.42 kCr |
| Free Cash Flow (TTM) | 47.91 kCr |
| Free Cash Flow/Share (TTM) | 130.15 |
Balance Sheet | |
|---|---|
| Total Assets | 3.44 LCr |
| Total Liabilities | 2.27 LCr |
| Shareholder Equity | 1.17 LCr |
| Current Assets | 1.19 LCr |
| Current Liabilities | 1.33 LCr |
| Net PPE | 71.77 kCr |
| Inventory | 40.23 kCr |
| Goodwill | 950 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.17 |
| Debt/Equity | 0.5 |
| Interest Coverage | 0.13 |
| Interest/Cashflow Ops | 11.93 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 6 |
| Dividend Yield | 1.7% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 10.9% |
Profitability: Very strong Profitability. One year profit margin are 23%.
Balance Sheet: Reasonably good balance sheet.
Technicals: Bullish SharesGuru indicator.
Size: It is among the top 200 market size companies of india.
Past Returns: Underperforming stock! In past three years, the stock has provided -4.7% return compared to 12.4% by NIFTY 50.
Growth: Poor revenue growth. Revenue grew at a disappointing -17.2% on a trailing 12-month basis.
Smart Money: Smart money looks to be reducing their stake in the stock.
Profitability: Very strong Profitability. One year profit margin are 23%.
Balance Sheet: Reasonably good balance sheet.
Technicals: Bullish SharesGuru indicator.
Size: It is among the top 200 market size companies of india.
Past Returns: Underperforming stock! In past three years, the stock has provided -4.7% return compared to 12.4% by NIFTY 50.
Growth: Poor revenue growth. Revenue grew at a disappointing -17.2% on a trailing 12-month basis.
Smart Money: Smart money looks to be reducing their stake in the stock.
Investor Care | |
|---|---|
| Dividend Yield | 1.7% |
| Dividend/Share (TTM) | 6 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 7.09 |
Financial Health | |
|---|---|
| Current Ratio | 0.89 |
| Debt/Equity | 0.5 |
Technical Indicators | |
|---|---|
| RSI (14d) | 69.21 |
| RSI (5d) | 29.55 |
| RSI (21d) | 69.68 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Sell |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Buy |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal |
Updated Feb 20, 2026
The impending acquisition of Iveco Group may pose challenges to Tata Motors' profitability.
Despite the optimistic outlook, potential margin pressures from rising input costs could affect performance.
Investors should be cautious at current valuation levels amidst the mixed outlook for profitability.
Summary of Tata Motors's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
During the Q3 FY26 earnings call for Tata Motors Passenger Vehicles Limited, management provided a cautiously optimistic outlook. They emphasized a strong recovery trajectory for both domestic and Jaguar Land Rover (JLR) segments, anticipating normalization of JLR production and improved demand in India.
Key forward-looking points included:
JLR Production Normalization: Management indicated that JLR's production is expected to return to normal levels post-cyber incident, outlining a promising path to regain market share and sales volume.
Strong Demand Recovery in India: The domestic market has shown robust recovery with a notable increase in both vehicle launches and customer interest, suggesting sustained retail momentum.
Financial Guidance: Despite recent challenges including tariff impacts and cyber incidents, management reaffirmed their EBIT guidance of greater than 0% and projected a negative free cash flow between GBP 2.2 billion to GBP 2.5 billion for the fiscal year.
Product Launches: The new Sierra model garnered significant early interest, accumulating 70,000 bookings on the first day of its release. The ongoing ramp-up in production aims to meet this demand.
Market Share Growth: Tata Motors reported a market share increase to 13.8% within the Indian market, bolstered by successful model introductions and competitive pricing strategies.
Capital Expenditure Projection: Management expects total investment spending to reach around Rs. 4,200 Cr to Rs. 4,300 Cr for the year, indicating ongoing commitment to growth initiatives.
Electric Vehicle Strategy: The company highlighted a strong year-on-year growth of 50% in EV sales, with significant initiatives planned to expand the EV portfolio and improve charging infrastructure.
Cost Management: A focus on structural cost optimization and margin improvement strategies is central to management's plan, which aims to offset commodity pressures and enhance profitability.
Overall, the management communicated a proactive approach in navigating recent challenges, leveraging product launches, and positioning Tata Motors for long-term growth in both domestic and international markets.
Understand Tata Motors ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| Life Insurance Corporation Of India | 4.65% |
| Icici Prudential India Opportunities Fund | 2.37% |
| Sbi Nifty 50 Etf | 2.32% |
| Tata Industries Limited | 1.96% |
| Tata Investment Corporation Limited | 0.3% |
| Ewart Investments Limited | 0.09% |
| Tata Chemicals Limited | 0.05% |
Detailed comparison of Tata Motors against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| MARUTI | Maruti Suzuki India | 4.71 LCr | 1.77 LCr | -5.00% | +20.40% | 31.54 | 2.66 | - | - |
| M&M | Mahindra & Mahindra | 4.24 LCr | 1.89 LCr |
Comprehensive comparison against sector averages
TATAMOTORS metrics compared to Automobiles
| Category | TATAMOTORS | Automobiles |
|---|---|---|
| PE | 52.91 | 13.44 |
| PS | 0.37 | 1.98 |
| Growth | -17.2 % | 0.9 % |
Tata Motors is a prominent company in the automotive industry, focusing on passenger cars and utility vehicles. The company's stock ticker is TATAMOTORS, and it boasts a substantial market capitalization of Rs. 245,880.4 Crores.
The company is involved in the complete lifecycle of automotive vehicles, which includes designing, developing, manufacturing, and selling a variety of vehicles. Their offerings encompass:
In addition to vehicles, Tata Motors is engaged in the manufacturing of engines for industrial applications and aggregates, such as axles and transmissions for commercial vehicles. The company also produces factory automation equipment and provides information technology and vehicle financing services.
Tata Motors operates under several well-known brands, including Tata, Daewoo, Harrier, Safari, Fiat, Nexon, Altroz, Punch, Tiago, Tigor, Jaguar, and Land Rover. Its operational footprint spans across multiple countries, including India, China, the United States, the United Kingdom, and various parts of Europe. The target customers of Tata Motors include fleet owners, transporters, government agencies, defense services, public transport utilities, small and medium enterprises (SMEs), as well as sectors like agriculture, mining, and construction.
Established in 1945 and headquartered in Mumbai, India, Tata Motors has demonstrated strong financial performance, with a trailing twelve-month revenue of Rs. 449,450.2 Crores. The company also provides dividends to its investors, with a yield of 1.07% per year, having distributed Rs. 8 as dividend per share in the last year.
Despite some shareholding dilution—10.9% over the past three years—Tata Motors has achieved significant revenue growth of 54.2% in the same period, showcasing its resilience and expansion in the automotive market.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Sell |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
TATAMOTORS vs Automobiles (2021 - 2026)
The commercial vehicle arm's stock rose to ₹484, reflecting positive market sentiment post-GST reforms.
The outlook for the commercial vehicle segment remains optimistic, with expectations of growth driven by increased demand and infrastructure investments.
Investors are advised to hold the stock while being cautious at current valuation levels.
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Question: Where is the breakeven in Free Cash Flow (FCF) for JLR in terms of wholesales per year? I believe it used to be around 325,000 units per year. Is that the case?
Answer: It's fair to say that our cash breakeven is significantly above 325,000 units this year. This metric is more useful for future guidance rather than retrospective views. We will provide further updates on FY27 during our Investor Day in June. Our order bank at the end of Q3 is in a decent place and higher than at the end of September.
Question: JLR gross margins can you please explain the sharp improvement quarter-on-quarter?
Answer: The improvement in gross margins is mainly a timing effect. In Q2, we destocked significantly, causing the P&L to reflect higher costs. In Q3, that effect reversed as we built back inventory, which enhanced margins. This change is visible in our working capital numbers since it grew rapidly in Q3.
Question: How do you see increasing competition from local brands in the luxury car segment?
Answer: In China, there's a squeeze on the luxury segment from both local new energy vehicles and regulatory changes. We won't overstock and will leverage our brand to pull sales. Although we face short-term challenges, we're committed to protecting long-term market potential.
Question: How has the tariff transmission strategy evolved considering demand, environment, and production disruptions?
Answer: We increased our U.S. prices to recover some duties, but market forces have complicated this. Many manufacturers are pushing sales in robust markets. Therefore, it's challenging to gauge how much of our price hikes were due to tariff changes versus market dynamics.
Question: Can you indicate launch timelines for the Range Rover EV?
Answer: We plan to launch the Range Rover Electric this year, along with unveiling a new production Jaguar vehicle. We are entering a busy launch period for JLR over the next couple of years, with more details available at the Investor Day.
Question: For India, how much was the commodity impact expectation for Q4?
Answer: We can't provide specific guidance, but commodity impact has generally been about 1.7% to 2% of our revenue in recent quarters. We are still evaluating what the impact will be in Q4.
Question: What was the blended discount per vehicle in Q3?
Answer: Our blended discount was around 3.5% to 4% of our revenue. This includes not only consumer discounts but also industrial deals.
Question: What are the expectations for the demand on Harrier and Safari volumes post the 1.5 litre petrol launch?
Answer: We expect about 30% to 35% of Harrier's volume to come from petrol. We are currently managing a ramp-up phase across the supply chain, addressing capacity issues to meet demand.
Question: How do we assess EU trade deal implications for the India auto sector?
Answer: Insights on the European trade deal suggest it won't significantly impact our premiumization strategy. Companies must localize in India to compete effectively. However, it may allow flexibility for big players to test models before committing to investments.
Question: How do you see growth outlook for the domestic PV industry and Tata Motors for FY27?
Answer: In Q4, we expect overall industry growth around 13% to 14%. For Tata Motors, we anticipate mid-teens growth, indicating double-digit industry-leading performance due to strong demand and new launches.
These summaries provide you with a detailed understanding of key questions asked during the Q&A session, along with succinct responses from the management.
| The Tata Power Company Limited | 0.01% |
| Tata Motors Limited (formerly TML Commercial Vehicles Limited) | 0% |
| Sir Ratan Tata Trust- NN Tata, V Singh, VSrinivasan, JNTata, DKhambata, JehangirHC | 0% |
| J R D Tata Trust - NN Tata, V Srinivasan, V Singh, Neville Tata | 0% |
| Lady Tata Memorial Trust - Dr. M. Chandy, S Sharma, Prof. K. VijayRaghavan | 0% |
| Sir Dorabji Tata Trust- NN Tata, VSingh, VSrinivasan, P Jhaveri, Darius Khambata, Neville Tata, B Bhat | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| +20.20% |
| 24.23 |
| 2.24 |
| - |
| - |
| BAJAJ-AUTO | Bajaj Auto | 2.74 LCr | 59.63 kCr | +6.80% | +13.60% | 30.81 | 4.6 | - | - |
| EICHERMOT | Eicher Motors | 2.18 LCr | 24.08 kCr | +11.20% | +62.40% | 40.62 | 9.04 | - | - |
| ASHOKLEY | Ashok Leyland | 1.23 LCr | 54.35 kCr | +15.20% | +84.40% | 40.83 | 2.26 | - | - |
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
| Total Expenses |
| -5.6% |
| 74,880 |
| 79,310 |
| 100,441 |
| 109,056 |
| 107,627 |
| 97,330 |
| Profit Before exceptional items and Tax | 39.9% | -3,305 | -5,500 | 5,485 | 11,956 | 7,738 | 5,686 |
| Exceptional items before tax | 38.8% | -1,597 | -2,608 | -56 | -566 | -26 | -1 |
| Total profit before tax | 39.5% | -4,902 | -8,108 | 5,429 | 11,390 | 7,712 | 5,685 |
| Current tax | -48.6% | 548 | 1,065 | 1,464 | 1,527 | 1,161 | 1,197 |
| Deferred tax | 35% | -1,798 | -2,767 | 94 | 1,421 | 935 | 1,120 |
| Total tax | 26.5% | -1,250 | -1,702 | 1,558 | 2,948 | 2,096 | 2,317 |
| Total profit (loss) for period | -104.6% | -3,483 | 76,248 | 4,003 | 8,556 | 5,578 | 3,450 |
| Other comp. income net of taxes | 120.2% | 408 | -2,016 | 12,544 | 7,009 | -10,503 | 9,676 |
| Total Comprehensive Income | -104.1% | -3,075 | 74,232 | 16,547 | 15,565 | -4,925 | 13,126 |
| Earnings Per Share, Basic | 43.4% | -9.47 | -17.5 | 10.66 | 23.4 | 14.81 | 9.72 |
| Earnings Per Share, Diluted | 43.4% | -9.47 | -17.5 | 10.65 | 23.39 | 14.8 | 9.71 |
| Debt equity ratio | 0.1% | 061 | 053 | 048 | 054 | 095 | 0.01 |
| Debt service coverage ratio | 0.9% | 078 | -011 | 0.0276 | 0.0178 | 097 | 0.02 |
| Interest service coverage ratio | 1.8% | -0.0157 | -0.0347 | 0.0495 | 0.0892 | 0.0487 | 0.04 |
| Employee Expense |
| 4.8% |
| 4,513 |
| 4,308 |
| 4,022 |
| 3,602 |
| 4,213 |
| 4,384 |
| Finance costs | -34.3% | 1,122 | 1,706 | 2,048 | 2,122 | 2,359 | 1,973 |
| Depreciation and Amortization | -0.4% | 2,008 | 2,017 | 1,767 | 1,761 | 3,682 | 3,375 |
| Other expenses | 2% | 9,379 | 9,191 | 7,932 | 5,844 | 5,894 | 7,621 |
| Total Expenses | -7% | 64,538 | 69,411 | 65,041 | 49,647 | 51,579 | 49,928 |
| Profit Before exceptional items and Tax | 52.3% | 7,677 | 5,042 | 1,538 | -1,723.46 | -3,704.65 | -4,616.42 |
| Exceptional items before tax | -111.6% | -325 | 2,808 | -282.82 | 83 | 1,392 | -2,510.92 |
| Total profit before tax | -6.4% | 7,352 | 7,851 | 1,255 | -1,640.05 | -2,312.57 | -7,127.34 |
| Current tax | -54% | 53 | 114 | 82 | 51 | 82 | 33 |
| Deferred tax | 1208.8% | 1,847 | -165.48 | -1,554.93 | 48 | 0.56 | 129 |
| Total tax | 3733.8% | 1,900 | -51.26 | -1,473.33 | 99 | 83 | 162 |
| Total profit (loss) for period | -31% | 5,452 | 7,902 | 2,728 | -1,390.86 | -2,395.44 | -7,289.63 |
| Other comp. income net of taxes | -74.4% | 113 | 438 | -250.35 | 282 | 443 | -378.72 |
| Total Comprehensive Income | -33.3% | 5,565 | 8,341 | 2,478 | -1,108.51 | -1,952.45 | -7,668.35 |
| Earnings Per Share, Basic | -26.4% | 15.44 | 20.61 | 7.11 | -3.64 | -6.59 | -21.06 |
| Earnings Per Share, Diluted | -26.4% | 15.43 | 20.6 | 7.11 | -3.644 | -6.59 | -21.06 |
| Debt equity ratio | -0.2% | 026 | 046 | 084 | 0.0116 | 0.0117 | 083 |
| Debt service coverage ratio | 0% | 097 | 098 | 048 | 001 | -022 | 067 |
| Interest service coverage ratio | 4.8% | 0.0958 | 0.0502 | 0.0198 | 001 | -099 | 0.0295 |
| -12.5% |
| 10,660 |
| 12,188 |
| 12,145 |
| 11,990 |
| 12,029 |
| 12,129 |
| Capital work-in-progress | 43.5% | 980 | 683 | 541 | 645 | 457 | 576 |
| Goodwill | - | 99 | 0 | 0 | 0 | 0 | 0 |
| Non-current investments | -59.7% | 12,678 | 31,427 | 31,039 | 1,586 | 1,403 | 1,205 |
| Loans, non-current | -94.9% | 14 | 255 | 225 | 102 | 105 | 114 |
| Total non-current financial assets | -56.7% | 14,368 | 33,154 | 32,761 | 3,518 | 3,787 | 3,724 |
| Total non-current assets | -35.7% | 32,507 | 50,520 | 49,762 | 50,876 | 49,894 | 50,271 |
| Total assets | -38.1% | 40,496 | 65,420 | 64,925 | 66,084 | 63,518 | 61,771 |
| Borrowings, non-current | -54% | 1,668 | 3,626 | 2,460 | 5,236 | 8,004 | 10,446 |
| Total non-current financial liabilities | -47.7% | 2,123 | 4,056 | 2,931 | 5,784 | 8,598 | 11,165 |
| Provisions, non-current | -76.5% | 523 | 2,222 | 2,115 | 1,937 | 1,745 | 1,589 |
| Total non-current liabilities | -41.1% | 4,446 | 7,554 | 6,011 | 8,615 | 11,182 | 13,497 |
| Borrowings, current | -85% | 750 | 4,982 | 10,592 | 8,535 | 11,265 | 8,427 |
| Total current financial liabilities | -47.5% | 10,227 | 19,465 | 23,536 | 23,139 | 26,190 | 22,830 |
| Provisions, current | -84.8% | 325 | 2,135 | 1,486 | 1,134 | 1,055 | 409 |
| Current tax liabilities | 591.3% | 160 | 24 | 34 | 74 | 74 | 54 |
| Total current liabilities | -53% | 11,488 | 24,424 | 28,289 | 27,326 | 29,199 | 25,804 |
| Total liabilities | -50.2% | 15,934 | 31,978 | 34,300 | 35,941 | 40,381 | 39,301 |
| Equity share capital | 0.1% | 737 | 736 | 736 | 766 | 766 | 766 |
| Total equity | -26.6% | 24,562 | 33,442 | 30,625 | 30,143 | 23,137 | 22,470 |
| Total equity and liabilities | -38.1% | 40,496 | 65,420 | 64,925 | 66,084 | 63,518 | 61,771 |
| -3.7% |
| 27 |
| 28 |
| 20 |
| 18 |
| - |
| - |
| Net Cashflows from Operations | 9.9% | 9,787 | 8,908 | 4,944 | 5,438 | - | - |
| Income taxes paid (refund) | -103.7% | -8 | 246 | 168 | 156 | - | - |
| Net Cashflows From Operating Activities | 13.1% | 9,795 | 8,662 | 4,775 | 5,282 | - | - |
| Cashflows used in obtaining control of subsidiaries | - | 1,121 | 0 | 0 | 0 | - | - |
| Proceeds from sales of PPE | 194.7% | 113 | 39 | 123 | 0 | - | - |
| Purchase of property, plant and equipment | -1.8% | 987 | 1,005 | 761 | 1,191 | - | - |
| Proceeds from sales of investment property | - | 0 | 0 | 0 | 100 | - | - |
| Purchase of intangible assets | 7.1% | 1,056 | 986 | 936 | 640 | - | - |
| Cash receipts from repayment of advances and loans made to other parties | - | 17 | 0 | 0 | 0 | - | - |
| Dividends received | 203.8% | 1,988 | 655 | 188 | 80 | - | - |
| Interest received | 92.7% | 346 | 180 | 185 | 301 | - | - |
| Other inflows (outflows) of cash | -82.4% | 595 | 3,380 | 2,125 | -1,799.96 | - | - |
| Net Cashflows From Investing Activities | -356.9% | -3,819 | 1,488 | 923 | -3,149.49 | - | - |
| Proceeds from issuing shares | -58% | 35 | 82 | 20 | 0 | - | - |
| Proceeds from exercise of stock options | - | 0 | 0 | 0 | 19 | - | - |
| Proceeds from borrowings | 8944% | 2,262 | 26 | 887 | 10,310 | - | - |
| Repayments of borrowings | 40.2% | 7,281 | 5,192 | 5,852 | 8,419 | - | - |
| Payments of lease liabilities | 173.4% | 422 | 155 | 68 | 152 | - | - |
| Dividends paid | 199.9% | 2,304 | 769 | 0 | 1.53 | - | - |
| Interest paid | -37% | 1,159 | 1,840 | 2,008 | 2,272 | - | - |
| Other inflows (outflows) of cash | 23.6% | -63 | -82.78 | 0 | 0 | - | - |
| Net Cashflows from Financing Activities | -12.6% | -8,932 | -7,930.45 | -7,021.32 | -515.84 | - | - |
| Effect of exchange rate on cash eq. | -199.7% | -2 | 4.01 | -5.58 | 9.3 | - | - |
| Net change in cash and cash eq. | -233.2% | -2,958 | 2,223 | -1,328.8 | 1,626 | - | - |
Analysis of Tata Motors's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Jun 30, 2025
| Description | Share | Value |
|---|---|---|
| - Jaguar and Land Rover | 72.1% | 76 kCr |
| (a) Commercial Vehicle | 16.2% | 17 kCr |
| (b) Passenger Vehicle | 10.3% | 10.9 kCr |
| Others | 1.4% | 1.4 kCr |
| Total | 1.1 LCr |
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years