Tata Motors Passenger Vehicles
Market cap ₹97,452 Cr
- P/E
- 5.69
- Day range
- ₹259.35 – ₹270.55
- 52-week range
- ₹259.35 – ₹419.00
- Volume
- 1.05 Cr
- Open
- ₹270.00
- Prev close
- ₹270.00
Latest results · Q1 FY27(consolidated)Revenue ₹95,799 Cr-8.2%Profit ₹859 Cr-78.5%Margin 0.9%YoY vs the same quarter last year
1 red flag to read up on
- medium
Material exchange filing
Clarification sought from Tata Motors Passenger Vehicles Ltd · 29 Sept 2026
From NSE and BSE filings. A flag is a reason to read the filing, not a rating.
TMPV in NSE indices and F&O
F&O margin for one lot of TMPV (1,600 shares)Research profile
Composite 38 / 100Factor percentiles
Derived metrics
- Earn. yield
- 17.6%
- Graham no.
- ₹136.04
- vs Graham
- -48.6%
- ROE ÷ P/B
- 83.1%
- Magic Formula
- #325
- Piotroski
- 1/6
- FCF yield
- -23.8%
Appears in 14 scans
Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.
Peer comparison
All 50 in Auto| Company | M-cap | P/E | P/B | ROE | ROCE | OPM | D/E | Sales YoY |
|---|---|---|---|---|---|---|---|---|
| Maruti SuzukiMARUTI | ₹3.53 L Cr | 24.63 | 3.30 | 14.4% | 19.0% | 8.0% | 0.00 | +35.9% |
| Mahindra & MahindraM&M | ₹3.44 L Cr | 17.42 | 3.82 | 21.9% | 15.0% | 19.0% | 1.47 | +27.8% |
| Bajaj AutoBAJAJ-AUTO | ₹2.77 L Cr | 23.95 | 7.31 | 28.6% | 28.0% | 21.0% | 0.58 | +65.1% |
| Eicher MotorsEICHERMOT | ₹1.94 L Cr | 33.62 | 7.74 | 23.8% | 31.0% | 24.0% | 0.02 | +31.5% |
| TVS MotorTVSMOTOR | ₹1.89 L Cr | 55.17 | 19.80 | 35.3% | 17.0% | 14.0% | 3.43 | +33.5% |
| Motherson SumiMOTHERSON | ₹1.61 L Cr | 37.17 | 3.92 | 10.8% | 13.0% | 9.0% | 0.47 | +16.7% |
| Hyundai Motor IndiaHYUNDAI | ₹1.50 L Cr | 30.36 | 7.71 | 29.9% | 38.0% | 9.0% | 0.05 | -0.5% |
| Tata Motors Passenger VehiclesTMPV | ₹97,452 Cr | 5.69 | 0.87 | 72.4% | 3.0% | 6.0% | 0.71 | +9.3% |
| Sector median | ₹24,286 Cr | 30.36 | 5.70 | 16.7% | 18.0% | 13.0% | 0.24 | +22.0% |
Sector as classified in the tracked universe; medians use every tracked Auto company, and P/E only profitable ones. Tinted figures beat the median.
Latest news
Updated 27d agoHeadlines about Tata Motors Passenger Vehicles from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.
Key metrics
- P/E (TTM)
- 97.8
- Price / Book
- 0.87
- ROE (FY26)
- 72.4%
- ROCE (latest year)
- 3%
- Dividend yield
- 1.13%
Moving averages (NSE)
- 20-day
- ₹281.89
- Price below
- 50-day
- ₹301.05
- Price below
- 200-day
- ₹339.6
- Price below
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
₹ crore; a loss shows red. Operating margin below, same periods.
- Revenue
- Net profit
Operating margin
Who owns the company
% of equity by quarter, latest Sept 2026
- Promoter
- Public
- DII
- FII
- Government
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); the ratio below, same years.
- Equity
- Debt
Debt to equity
Dividends per share
₹ by fiscal year of the ex-date; the latest year runs to date.
Financial statements
| Line item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,05,129 | 1,10,577 | 1,19,033 | 1,07,102 | 83,656 | 94,472 | 98,377 | 87,677 | 72,349 | 70,108 | 1,05,447 | 95,799 |
| Expenses | 91,362 | 95,159 | 1,02,348 | 91,854 | 73,742 | 84,070 | 83,990 | 79,515 | 73,753 | 69,229 | 94,188 | 89,623 |
| Operating Profit | 13,767 | 15,418 | 16,685 | 15,248 | 9,914 | 10,402 | 14,387 | 8,162 | -1,404 | 879 | 11,259 | 6,176 |
| OPM % | 13% | 14% | 14% | 14% | 12% | 11% | 15% | 9% | -1.9% | 1.2% | 11% | 6% |
| Other Income | 1,557 | 1,604 | 1,412 | 6,553 | 1,920 | 2,730 | 2,361 | 2,690 | 81,507 | 39 | 1,877 | 1,113 |
| Interest | 2,652 | 2,485 | 1,645 | 1,471 | 1,094 | 843 | 828 | 692 | 686 | 682 | 767 | 835 |
| Depreciation | 6,637 | 6,850 | 7,143 | 6,565 | 5,467 | 4,863 | 4,717 | 4,851 | 4,871 | 4,969 | 5,092 | 4,880 |
| Profit before tax | 6,035 | 7,687 | 9,309 | 13,765 | 5,273 | 7,426 | 11,203 | 5,309 | 74,546 | -4,733 | 7,277 | 1,574 |
| Tax % | 36% | 7% | -88% | 23% | 33% | 26% | 24% | 25% | -2% | -26% | 19% | 45% |
| Net Profit | 3,832 | 7,145 | 17,528 | 10,587 | 3,521 | 5,484 | 8,556 | 4,003 | 76,248 | -3,483 | 5,878 | 859 |
| EPS in Rs | ₹11.33 | ₹21.14 | ₹52.37 | ₹31.63 | ₹9.36 | ₹14.69 | ₹23.01 | ₹10.66 | ₹206.85 | ₹-9.47 | ₹15.70 | ₹2.10 |
From company filings, updated 25 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.
Working-capital cycle
-5 days since Mar 2021
+2 days since Mar 2021
-17 days since Mar 2021
+15 days since Mar 2021
+31 days since Mar 2021
Strengths, risks & growth
Tata Motors Group is a global automobile manufacturer. Part of the multi-national conglomerate, the Tata group, it offers a wide and diverse portfolio of cars, sports utility vehicles, etc. It has operations in India, the UK, South Korea, South Africa, China, Brazil, Austria and Slovakia through a strong global network of subsidiaries, associate companies and Joint Ventures (JVs), including Jaguar Land Rover in the UK and TMCV 40% stack [1]
Strengths
- Stock is trading at 0.87 times its book value
- Company has delivered good profit growth of 101% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 52.4%
Risks
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 6.08% over past five years.
- Tax rate seems low
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.84,536 Cr.
- Promoter holding has decreased over last 3 years: -3.88%
Compounded Sales Growth
- 10 Years
- +2%
- 5 Years
- +6%
- 3 Years
- -1%
- TTM
- -6%
Compounded Profit Growth
- 10 Years
- +21%
- 5 Years
- +101%
- 3 Years
- +232%
- TTM
- -94%
Stock Price CAGR
- 10 Years
- -2%
- 5 Years
- -2%
- 3 Years
- -12%
- 1 Year
- -34%
Return on Equity
- 10 Years
- +20%
- 5 Years
- +37%
- 3 Years
- +52%
- Last Year
- +76%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Shareholding pattern
| Holder | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 | Change |
|---|---|---|---|---|---|
| Promoter | 42.56% | 42.56% | 42.51% | 42.50% | -0.01 pp |
| FII | 17.88% | 17.29% | 17.11% | 15.32% | -1.79 pp |
| DII | 15.08% | 16.79% | 16.97% | 17.93% | +0.96 pp |
| Government | 0.31% | 0.31% | 0.31% | 0.05% | -0.26 pp |
| Public | 24.14% | 23.06% | 23.09% | 24.20% | +1.11 pp |
Filed with NSE for Sept 2026: promoters 42.50%, public 57.50% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 9.78% (-0.27 pp)- Promoters42.5%
- Foreign institutions15.3%
- Mutual funds9.8%
- Insurance7.6%
- Other domestic institutions0.5%
- Retail18.9%
- Others5.3%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| ICICI Pru Value Fund | 0.65% | 1.20% | -0.11 pp |
| SBI Balanced Advantage Fund | 0.62% | 1.58% | -0.34 pp |
| ICICI Pru Multi Asset Allocation Fund | 0.48% | 0.57% | -0.13 pp |
| SBI Contra Fund | 0.44% | 1.03% | +0.11 pp |
| ICICI Pru India Opp Fund | 0.42% | 1.21% | -0.19 pp |
Scorecard
- Performance
- Low
- Valuation
- Low
- Growth
- Avg
- Profitability
- High
- Entry point
- Good
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 246 daily sessions to 23 Oct 2026.
Risk
- Volatility (1Y)
- 31.1%
- Downside volatility
- 31.7%
- Worst 5% of days
- 3.3%
- Average of that tail
- 4.6%
- Max drawdown (1Y)
- 36.5%
- Below its peak
- 36.5%
Against the market
- Beta vs Nifty 50
- 1.38
- Correlation
- 0.61
- Relative strength (3M)
- -13.1%
- ATR (14)
- 3.0%
Return
- Return 1M
- -11.8%
- Return 3M
- -18.4%
- Return 6M
- -26.9%
- Return 1Y
- —
- vs 200-day average
- -22.1%
Momentum
- RSI (14) · oversold
- 29.7
- MACD histogram
- -0.52
- Stochastic %K
- 16.9
- ADX (14)
- 25.2
- +DI / −DI
- 14.6 / 38.4
- Money flow index
- 53.4
Participation
- Delivery (20d avg)
- 48.4%
- vs its 60-day baseline
- +0.1 pts
- Volume vs 20-day
- +0.1σ
- Close vs day's VWAP
- +0.7%
- 52-week position
- 0 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Financial quality
From consolidated statements to 31 Mar 2026.
Piotroski F-Score
1 of 6 tested
- Return on assets positive — passed
- Operating cash flow positive — not testableno cash flow statement for this period
- Return on assets improving — failed
- Cash flow exceeds profit — not testableneeds cash flow and profit against assets
- Debt to assets falling — failed
- Current ratio improving — failed
- No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
- Operating margin improving — failed
- Asset turnover improving — failed
- Free cash flow
- -₹23,241 Cr
- FCF yield
- -23.8%
- Cash conversion
- 0.16
- Accruals ratio
- 0.182
- Net debt
- ₹58,515 Cr
- Net debt / equity
- 0.52
- EV / sales
- 0.45
- Capex intensity
- 10.3%
- Revenue CAGR
- -11.8%
- Profit CAGR
- -31.3%
Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.
Corporate actions
- dividend₹3.00
Dividend - Rs 3 Per Share
19 Jun 2026ex-date - otherNot available — not reported in this filing
Demerger
14 Oct 2025ex-date - dividend₹6.00
Dividend - Rs 6 Per Share
4 Jun 2025ex-date - dividend₹3.00
Dividend - Rs 3 Per Share & Special Dividend - Rs 3 Per Share
11 Jun 2024ex-date - dividend₹2.00
Dividend - Rs 2 Per Share
28 Jul 2023ex-date - dividendNot available — not reported in this filing
Dividend - Re 0.20/- Per Share
18 Jul 2016ex-date - otherNot available — not reported in this filing
Annual General Meeting
22 Jul 2015ex-date - rightsNot available — not reported in this filing
Rights 6:109 @ Premium Rs. 448/- Per Share
6 Apr 2015ex-date - dividend₹2.00
Annual General Meeting / Dividend - Rs 2/- Per Share
9 Jul 2014ex-date - dividend₹2.00
Annual General Meeting And Dividend Rs.2/- Per Share
30 Jul 2013ex-date - dividend₹4.00
Dividend Rs 4 Per Share
18 Jul 2012ex-date - split₹2.00
Face Value Split From Rs.10/- To Rs.2/-
12 Sept 2011ex-date - dividend₹20.00
Dividend-Rs.20/- Per Share
19 Jul 2011ex-date - dividend₹15.00
Dividend-Rs.15/- Per Share
10 Aug 2010ex-date - dividend₹6.00
Dividend-Rs.6/- Per Share
3 Aug 2009ex-date - rightsNot available — not reported in this filing
Rights Eq 1:6/Dif Vot 1:6
9 Sept 2008ex-date - dividend₹15.00
Dividend-Rs.15 Per Share Purpose Revised
16 Jun 2008ex-date - dividendNot available — not reported in this filing
Agm/Dividend-150%
1 Jun 2007ex-date - dividendNot available — not reported in this filing
Dividend-130%
23 Jun 2006ex-date - otherNot available — not reported in this filing
Div Fin-100% + Spl-25%
23 Jun 2005ex-date
Company announcements
Pursuant to Regulation 30 of the SEB9 (LODR) Regulations, 2015, we are enclosing herewith a Press Release titled "Stellantis and Tata Motors Passenger Vehicles Broaden Strategic Partnership ....
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we are enclosing herewith the SIAM report for the period July to September 2026.
Please find enclosed a statement containing details of the Company's listed debt securities as per the format specified by SEBI as on September 30, 2026 for the reporting of the debt securities ....
We are enclosing herewith the Certificate under Regulation 74(5) of the SEBI (DP) Regulations, 2018.
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we are enclosing herewith a Press Release titled "Jaguar Land Rover Automotive Plc ('JLR') reports its Wholesale and Retail ....
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we are enclosing herewith a Press Release titled 'Tata Motors Passenger Vehicles Limited (formerly Tata Motors Limited) ....
Please find enclosed the response of the Company on the news article, the content of which is self-explanatory.
The Exchange has sought clarification from Tata Motors Passenger Vehicles Ltd on September 29, 2026, with reference to news appeared in https://www.moneycontrol.com/ dated September 29, ....
Pursuant to the Code of Conduct for Prevention of Insider Trading of the Company, the Trading Window for dealing in the securities of the Company will remain closed from Wednesday, September ....
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we are enclosing an intimation regarding the ESG Rating assigned to the Company by SES ESG.
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we are enclosing herewith an intimation regarding the allotment of 1,00,596 Equity Shares under TMPVL SLTI Scheme 2021.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the details of the physical group meetings scheduled with ....
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we are enclosing herewith an intimation regarding the ESG Rating assigned to the Company.
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we are enclosing herewith a Press Release titled "JLR update on strategic Transformation Programme" issued by Jaguar Land ....
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we are enclosing herewith a Press Release titled 'Tata Motors Passenger Vehicles Limited (formerly Tata Motors Limited) ....
Filed with BSE (scrip 500570); the last 45 days. Documents open at bseindia.com.
Documents
Annual reports
Earnings calls
- Aug 2026TranscriptSlidesRecording
- Jun 2026SlidesRecording
- Jun 2026TranscriptSlides
- May 2026SlidesRecording
- Feb 2026TranscriptSlidesRecording
- Nov 2025TranscriptSlidesRecording
Credit ratings
- Rating update · 12 Aug from crisil
- Rating update · 31 Jul from icra
- Rating update · 27 Nov 2025 from crisil
- Rating update · 25 Nov 2025 from icra
- Rating update · 20 Oct 2025 from crisil
- Rating update · 16 Oct 2025 from icra
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 13 Aug 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.
Tata Motors Passenger Vehicles: common questions
Answered from the figures on this page.
