1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Auto - Manufacturers
Tata Motors Ltd.

Tata Motors Ltd.

TATAMOTORS.BO
Tata Motors Ltd.IN flagBombay Stock Exchange
331.95
INR
-0.20
- -
1.22TMarket Cap
Tata Motors Ltd.
TATAMOTORS.BO
(Bombay Stock Exchange)

Recent

price

331.95

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
395.24
408.33
518.01
581.3
720.9
814.36
800.51
782.31
848.96
881.56
749.6
682.37
828.92
1,032.4
1,297.95
1,236.95
1,098.73
Revenue per Share
16.23
24.33
35.55
27.23
40.24
39.44
28.37
17.24
19.15
-86.32
-32.92
-39.24
-34.46
7.27
94.51
78.81
268.96
Basic EPS, GAAP
19.9
19.84
25.21
11.85
34.67
19.61
18.68
-1.03
-33.04
-48.33
-8.87
24.18
-2.67
52.07
109.87
70.96
- -
Free Cash Flow per Basic Share
1.56
3.33
4.57
4.56
2.1
2.07
- -
0.21
- -
- -
0.01
- -
- -
- -
2.31
6.52
- -
Dividend per Share
4.24
12.55
43.08
1.96
1.98
1.98
2.01
153.14
2
2
2.08
2.11
71.41
78.34
168.49
230.47
2
Book Value per Share
-23.89
2.6
14.01
5.21
40.83
0.49
47.51
-11.15
67.6
-8.3
-20.57
-26.69
-27.23
-12.08
84.98
113.1
65.54
Tangible Book Value per Share
2,344
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
3,681
Basic Weighted Avg Shares
926,263
1,232,134
1,661,514
1,892,910
2,341,760
2,648,929
2,705,113
2,656,495
2,882,951
2,993,662
2,594,251
2,481,631
2,752,352
3,428,746
4,312,120
4,368,210
4,044,760
Sales/Revenue/Turnover
3.19
5.51
4.67
3.41
3.15
3.82
0.37
-2.41
-2.76
-6.83
-7.76
-3.1
-2.19
-2.08
1.94
0.93
-2.91
Operating Margin (%)
36,637
43,446
56,424
75,768
110,463
134,496
168,075
182,405
209,818
230,198
207,632
229,638
248,357
248,604
272,700
232,560
208,680
Depreciation Expense
38,029
73,402
114,036
88,670
130,717
128,291
95,883
58,539
65,041
-293,143
-113,940
-142,701
-114,415
24,143
313,990
278,300
990,130
Net Income, GAAP
28.22
14.78
3.72
30.47
26.88
34.88
22.12
37.04
36.32
- -
- -
- -
- -
20.74
- -
31.09
29.24
Effective Tax Rate (%)
4.11
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
6.37
24.48
Profit Margin (%)
-185,439
-111,002
-71,372
-107,368
43,120
837
31,751
10,450
-65,134
-219,475
-201,563
-101,369
-37,053
-34,989
-166,660
-177,060
-136,030
Working Capital
198,897
201,471
288,702
332,552
455,636
545,770
505,202
606,185
611,887
709,629
884,678
985,140
1,049,716
987,643
657,900
440,800
525,020
LT Debt
102,223
211,259
331,344
373,906
631,696
539,352
768,037
538,842
913,521
558,067
598,035
519,136
488,323
525,995
930,940
1,227,540
1,173,470
Total Equity
4.2
10.21
9.99
4.78
4.73
5.11
0.56
-2.83
-3.18
- -
- -
- -
- -
-2.87
- -
1.37
-4.12
Return on Invested Capital (%)
15.85
24.21
27.94
18.9
27.92
23.57
18.33
8.35
8.48
- -
- -
- -
- -
5.93
- -
18.46
105.86
Return on Capital (%)
- -
307.22
129.56
122.68
2,039.51
1,992.78
1,449.53
22.22
24.69
-4,315.87
-1,629.16
-1,921.44
-93.48
9.71
76.59
40.52
13,443.72
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'25
Jun'26
Sep'26
ST Debt
299,240
- -
147,560
LT Borrowings
426,810
- -
449,870
LT Finance Leases
13,990
- -
75,150
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,681
- -
3,682
Market Capitalization
2,461,534
2,477,162
2,504,951

Working Capital

FRC

•

in mil. unless spec.
Mar'25
Jun'26
Sep'26
Total Current Assets
1,603,250
- -
1,193,090
Cash, Cash Equivalents & STI
674,370
- -
579,330
Accounts Receivable, Net
132,480
- -
74,100
Inventories
472,690
- -
402,300
Total Current Liabilities
1,780,310
- -
1,329,120
Payables & Accruals
- -
- -
- -
ST Debt
299,240
- -
147,560
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.78%
19.49%
31.86%
Free Cash Flow
50.39%
-493.91%
-31.34%
Net Income, GAAP
40.86%
214.7%
-11.37%
Sales/Revenue/Turnover
5.75%
11.64%
1.3%
Total Cash Common Dividend
- -
- -
199.48%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,015,280
1,044,440
1,097,990
1,192,134
4,312,120
2025
1,063,990
828,410
1,128,330
1,161,370
4,368,210
2026
1,037,920
717,140
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8.35
9.81
18.32
- -
94.51
2025
27.41
10.02
14.81
- -
78.81
2026
10.66
206.86
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.31
2025
- -
- -
- -
- -
6.52
2026
- -
- -
- -
- -
- -
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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.