1. India Stocks

  2. •

    Consumer durables

  3. •

    Motor vehicles
Tata Motors Passenger Vehicles Ltd

Tata Motors Passenger Vehicles Ltd

270.00
INR
-5.70
(-2.07%)
-8.45EPS
1.64P/E
1.30TMarket Cap
Nov 04Next Earn
Tata Motors Passenger Vehicles Ltd
NSE:TMPV
(National Stock Exchange of India)

Recent

price

270.00

P/E

ratio

1.64

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
408.33
518.01
581.3
720.9
814.36
800.51
782.31
848.96
79,655.03
749.6
682.37
828.92
1,032.4
1,297.95
1,029.29
905.44
925.88
Revenue per Share
24.33
35.55
27.23
40.24
39.44
28.37
17.24
19.15
-7,799.91
-32.92
-39.24
-34.46
7.27
94.51
78.81
223.77
215.11
Basic EPS, GAAP
19.84
25.21
11.85
34.67
19.61
18.68
-1.03
-33.04
-4,367.09
-8.87
24.18
-2.67
52.07
109.87
70.96
-63.12
- -
Free Cash Flow per Basic Share
3.33
4.57
4.56
2.1
2.07
- -
0.21
- -
- -
0.01
- -
- -
- -
2.31
6.52
5.98
- -
Dividend per Share
65.23
102.55
115.02
193.19
164.7
1,501.73
1,050.53
1,785.96
14,707.21
163.95
131.45
116.38
118.34
221.59
315.49
304.34
- -
Book Value per Share
1.7
13.12
4.14
39.54
-0.87
307.01
-83.57
440.94
-891.74
-22.08
-29.48
-34.77
-29.47
52.33
90.54
12.69
- -
Tangible Book Value per Share
3,017
3,207
3,256
3,248
3,253
3,379
3,396
3,396
3,396
3,461
3,637
3,320
3,321
3,322
3,531
3,682
3,684
Basic Weighted Avg Shares
1,232,134
1,661,514
1,892,910
2,341,761
2,648,929
2,705,113
2,656,495
2,882,951
270,496,605
2,594,251
2,481,631
2,752,352
3,428,746
4,312,120
3,634,860
3,333,830
3,410,690
Sales/Revenue/Turnover
5.51
4.67
3.41
3.15
3.82
0.37
-2.41
-2.76
-6.83
-7.76
-3.1
-2.04
-2.08
1.94
-0.22
-8.51
-9.94
Operating Margin (%)
43,446
56,424
75,768
110,463
134,496
168,075
182,405
209,818
20,799,848
207,632
229,638
248,357
248,604
272,700
232,560
202,530
198,120
Depreciation Expense
73,402
114,036
88,671
130,717
128,291
95,883
58,539
65,041
-26,487,324
-113,940
-142,701
-114,415
24,143
313,990
278,300
823,900
792,420
Net Income, GAAP
14.78
3.72
30.47
26.88
34.88
22.12
37.04
36.32
- -
- -
- -
- -
20.74
- -
31.84
- -
- -
Effective Tax Rate (%)
5.96
6.86
4.68
5.58
4.84
3.54
2.2
2.26
-9.79
-4.39
-5.75
-4.16
0.7
7.28
7.66
24.71
23.23
Profit Margin (%)
-111,002
-71,372
-107,368
43,120
837
31,751
10,450
-65,134
-19,831,011
-201,563
-101,369
-37,053
-34,989
-166,660
-63,590
-255,570
- -
Working Capital
201,471
288,702
332,552
455,636
545,770
505,202
606,185
611,887
64,119,506
884,678
985,140
1,049,716
987,643
657,900
503,230
543,070
- -
LT Debt
211,259
331,344
373,906
631,696
539,352
768,037
538,842
913,521
50,424,970
598,035
519,136
488,323
525,995
930,940
1,227,540
1,188,420
- -
Total Equity
10.16
10.1
4.76
4.2
4.93
0.03
-3.34
-4.34
- -
- -
- -
- -
-2.23
- -
-0.33
- -
- -
Return on Invested Capital (%)
18.59
20.94
13.02
15.4
12.82
9.69
6.04
6
- -
- -
- -
- -
5.31
- -
15.1
- -
- -
Return on Capital (%)
47.5
42.45
25.38
26.2
22.07
14.77
9.02
9.02
-104.17
-0.45
-26.11
-24.11
5.37
48.22
27.68
72.2
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
270,880
- -
LT Borrowings
- -
465,340
- -
LT Finance Leases
- -
77,730
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,685
3,682
3,682
Market Capitalization
1,353,685
1,090,720
1,296,933

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,387,480
- -
Cash, Cash Equivalents & STI
- -
478,280
- -
Accounts Receivable, Net
- -
126,190
- -
Inventories
- -
501,260
- -
Total Current Liabilities
- -
1,643,050
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
270,880
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
545.5%
21.49%
-3.19%
Free Cash Flow
1,336.32%
-455.14%
-192.74%
Net Income, GAAP
-3,968.21%
248.86%
196.05%
Sales/Revenue/Turnover
922.32%
7.45%
-8.28%
Total Cash Common Dividend
- -
- -
-4.34%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,063,990
828,410
938,230
978,630
3,634,860
2026
871,410
717,140
696,050
1,049,230
3,333,830
2027
948,270
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
27.41
10.02
14.69
23.01
78.81
2026
10.66
206.86
-9.47
15.71
223.77
2027
2.1
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
6.52
2026
- -
- -
- -
- -
5.98
2027
- -
- -
- -
- -
- -
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Business
Tata Motors Limited (TATAMOTORS.BO) is an Indian multinational commercial vehicle manufacturer that produces trucks, vans, buses, and related vehicles; it ranks as India's leading producer in this segment. The company offers a comprehensive portfolio of commercial vehicles including the Tata Ace series (small commercial vehicles such as Tata Ace, Ace Zip, Super Ace, and Ace EV), Tata Intra range (light commercial vehicles like Intra V10, V20, V30, V50), medium and heavy trucks (such as Tata 407, 709, 809, 1518C, 1618C, Prima, SIGNA, and Ultra series), buses (including Starbus, CityRide, and Divo), and specialized defense vehicles; it also provides engineering services through subsidiaries like Tata Technologies. Founded in 1945 and headquartered in Mumbai, India, Tata Motors operates manufacturing facilities in India (Jamshedpur, Pune, Lucknow, Pantnagar, Dharwad, Sanand), South Korea (via Tata Daewoo), Spain, and other locations, with sales presence in over 26 countries across Asia, Europe, Africa, Latin America, and the Middle East. In a landmark restructuring completed in 2025, Tata Motors demerged its commercial vehicles business into a separate listed entity, TML Commercial Vehicles Limited (subsequently renamed Tata Motors), while the original entity was renamed Tata Motors Passenger Vehicles to house passenger vehicles, electric vehicles, and Jaguar Land Rover; the new commercial vehicles listing debuted on Indian stock exchanges on November 12, 2025, on a 1:1 share entitlement ratio for shareholders. This demerger, approved by the board in March 2024 and shareholders in May 2025, aims to enhance focus, agility, and value unlocking by separating cyclical commercial operations from growth-oriented passenger and EV segments. Concurrently, the company announced the acquisition of Italy's Iveco truck and bus business for 3.8 billion euros ($4.36 billion) to expand its global commercial vehicle footprint in Europe, Latin America, and beyond, with complementary product offerings and minimal overlap; Tata Motors plans to raise 1 billion euros via equity and stake sales to fund this deal while introducing Iveco products in India and Tata vehicles in Iveco markets.