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Tata Motors Passenger Vehicles Ltd.
NSE: TMPV · Automobile and Auto Components
₹292.00-0.58%06 Nov 2026
One-off: net profit of ₹76,170.00 cr in SEP '25 includes ₹82,616.00 cr from discontinued operations (a business the company is exiting); continuing operations earned ₹-6,446.00 cr. Trailing-twelve-month figures (EPS, P/E, ROE) include it.
Ask the data
Instant answers about Tata Motors Passenger Vehicles Ltd. — computed from its filings, no language modelMarket cap₹1,07,602 cr
Current price₹292.00
High / Low₹417 / ₹261
P/E1.4
P/B0.96
Book value₹304.1
ROE70.7%
ROCE-0.7%
Debt / equity0.62
Dividend yield2.05%
EPS (TTM)₹215.04
Face value₹2
Price & valuation
split & bonus adjusted · pick a metric and rangeAnnual performance
annual · ₹ crore · line = operating margin| FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,95,409 | 3,01,938 | 2,61,068 | 2,49,795 | 2,78,454 | 3,45,967 | 4,37,928 | 4,39,695 | 3,35,582 |
| EBITDA | 34,526 | 24,664 | 17,987 | 32,287 | 24,720 | 31,920 | 59,538 | 56,138 | 18,897 |
| Operating margin | 11.7% | 8.2% | 6.9% | 12.9% | 8.9% | 9.2% | 13.6% | 12.8% | 5.6% |
| Interest | 4,682 | 5,759 | 7,243 | 8,097 | 9,312 | 10,225 | 9,986 | 5,083 | 2,827 |
| Depreciation | 21,554 | 23,591 | 21,425 | 23,547 | 24,836 | 24,860 | 27,270 | 23,256 | 19,784 |
| Profit before tax | 11,155 | -31,371 | -10,580 | -10,474 | -7,003 | 3,058 | 27,255 | 33,493 | -2,069 |
| Tax | 4,342 | -2,437 | 395 | 2,542 | 4,231 | 704 | -3,852 | 10,502 | -246 |
| Net profit | 38,525 | -34,402 | -12,071 | -13,451 | -11,441 | 2,414 | 31,399 | 27,830 | 82,390 |
| EPS ₹ | 26.46 | -84.89 | -34.88 | -36.99 | -29.88 | 6.29 | 81.95 | 78.80 | -0.61 |
| Operating cash flow | — | — | — | — | 14,283 | 35,388 | 67,915 | 63,102 | 13,041 |
| Capex | — | — | — | — | 15,168 | 18,096 | 31,414 | 38,042 | 36,282 |
| Dividend paid | — | — | — | — | 100 | 141 | 769 | 2,303 | 2,203 |
| Total assets | 3,31,351 | 3,07,195 | 3,22,121 | 3,43,126 | 3,30,620 | 3,36,081 | 3,70,664 | 3,78,642 | 3,81,922 |
| Equity | 95,428 | 60,180 | 63,079 | 55,247 | 44,561 | 45,322 | 84,918 | 1,16,144 | 1,12,068 |
Quarterly performance
last 33 quarters · ₹ crore| MAR '18 | JUN '18 | SEP '18 | DEC '18 | MAR '19 | JUN '19 | SEP '19 | DEC '19 | MAR '20 | SEP '20 | DEC '20 | MAR '21 | JUN '21 | SEP '21 | DEC '21 | MAR '22 | JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 91,279 | 67,081 | 72,112 | 77,001 | 86,422 | 61,467 | 65,432 | 71,676 | 62,493 | 53,530 | 75,654 | 88,628 | 66,406 | 61,379 | 72,229 | 78,439 | 71,935 | 79,611 | 88,489 | 1,05,932 | 1,02,236 | 1,05,128 | 1,10,577 | 1,19,986 | 1,08,048 | 1,01,450 | 1,13,575 | 1,19,503 | 1,04,407 | 72,349 | 70,108 | 1,05,447 | 95,799 |
| Operating profit | 11,250 | 4,423 | 6,258 | 6,212 | 8,450 | 2,858 | 7,045 | 7,394 | 691 | 6,098 | 12,133 | 13,374 | 5,243 | 4,117 | 7,078 | 8,283 | 2,413 | 5,572 | 10,820 | 13,114 | 13,218 | 13,767 | 15,418 | 17,135 | 15,785 | 12,159 | 13,081 | 16,818 | 10,224 | -1,404 | 879 | 11,259 | 6,176 |
| Operating margin | 12.3% | 6.6% | 8.7% | 8.1% | 9.8% | 4.6% | 10.8% | 10.3% | 1.1% | 11.4% | 16.0% | 15.1% | 7.9% | 6.7% | 9.8% | 10.6% | 3.4% | 7.0% | 12.2% | 12.4% | 12.9% | 13.1% | 13.9% | 14.3% | 14.6% | 12.0% | 11.5% | 14.1% | 9.8% | -1.9% | 1.3% | 10.7% | 6.4% |
| Other income | 364 | 225 | 617 | 582 | 864 | 836 | 673 | 900 | 564 | 633 | 712 | 691 | 582 | 867 | 703 | 903 | 887 | 1,039 | 1,130 | 1,577 | 1,361 | 1,631 | 1,499 | 1,460 | 1,575 | 1,566 | 1,790 | 1,509 | 1,519 | 1,461 | 1,467 | 1,633 | 1,129 |
| Interest | 1,178 | 1,375 | 1,227 | 1,568 | 1,588 | 1,712 | 1,835 | 1,744 | 1,953 | 1,950 | 2,126 | 2,145 | 2,203 | 2,327 | 2,401 | 2,381 | 2,421 | 2,487 | 2,676 | 2,642 | 2,615 | 2,652 | 2,485 | 2,234 | 2,088 | 2,034 | 1,725 | 1,076 | 938 | 686 | 682 | 767 | 835 |
| Depreciation | 6,488 | 5,857 | 5,941 | 6,439 | 5,353 | 5,112 | 5,300 | 5,199 | 5,815 | 5,601 | 6,129 | 6,217 | 6,202 | 6,123 | 6,078 | 6,432 | 5,841 | 5,897 | 6,072 | 7,050 | 6,633 | 6,636 | 6,850 | 7,151 | 6,574 | 6,005 | 5,408 | 5,295 | 5,320 | 4,871 | 4,969 | 5,092 | 4,880 |
| Profit before tax | 2,308 | -2,584 | -823 | -29,228 | 1,265 | -3,238 | 621 | 1,350 | -9,313 | -815 | 4,167 | -7,643 | -2,579 | -3,472 | -612 | -341 | -3,468 | -1,461 | 3,203 | 4,784 | 4,653 | 5,986 | 7,494 | 9,123 | 8,741 | 5,685 | 7,712 | 11,390 | 5,429 | -8,108 | -4,902 | 7,143 | 1,558 |
| Tax | 977 | -416 | 272 | -2,405 | 111 | 196 | 445 | -605 | 358 | -471 | 945 | -132 | 1,742 | 1,005 | 726 | 758 | 1,519 | -457 | 263 | -621 | 1,563 | 2,203 | 542 | -8,159 | 3,178 | 2,317 | 2,096 | 2,948 | 1,558 | -1,702 | -1,250 | 1,399 | 715 |
| Net profit | 14,990 | -1,902 | -1,049 | -26,993 | -1,261 | -3,698 | -217 | 1,756 | -9,894 | -314 | 2,906 | -7,605 | -4,451 | -4,442 | -1,516 | -1,033 | -5,007 | -945 | 2,958 | 5,408 | 3,203 | 3,764 | 7,025 | 17,407 | 5,566 | 3,343 | 5,451 | 8,470 | 3,924 | 76,170 | -3,486 | 5,783 | 775 |
| EPS ₹ | 6.24 | -5.60 | -3.09 | -79.49 | 3.28 | -10.89 | -0.64 | 5.02 | -27.50 | -0.87 | 8.07 | -20.24 | -11.62 | -11.60 | -3.96 | -2.70 | -13.07 | -2.47 | 7.71 | 14.11 | 8.35 | 9.81 | 18.32 | 45.42 | 14.51 | 9.72 | 14.81 | 23.40 | 10.66 | -17.50 | -9.47 | 15.71 | 2.10 |
| Revenue YoY | — | — | — | — | -5.3% | -8.4% | -9.3% | -6.9% | -27.7% | -18.2% | 5.5% | 41.8% | — | 14.7% | -4.5% | -11.5% | 8.3% | 29.7% | 22.5% | 35.1% | 42.1% | 32.1% | 25.0% | 13.3% | 5.7% | -3.5% | 2.7% | -0.4% | -3.4% | -28.7% | -38.3% | -11.8% | -8.2% |
| Profit YoY | — | — | — | — | -108.4% | — | — | — | — | — | 65.5% | — | — | — | -152.2% | — | — | — | — | — | — | — | 137.5% | 221.9% | 73.8% | -11.2% | -22.4% | -51.3% | -29.5% | 2178.5% | -164.0% | -31.7% | -80.2% |
Earlier results (standalone, Sep '07 – Dec '17)
₹ crore · from BSE, before the NSE XBRL filings beginTata Motors Passenger Vehicles Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.
Full years
| FY12† | FY13† | FY14† | FY15† | FY16† | FY17† | |
|---|---|---|---|---|---|---|
| Revenue | 54,580 | 44,766 | 34,288 | 36,295 | 42,368 | 49,185 |
| Operating profit | 4,178 | 1,718 | -911 | -1,275 | 2,316 | 1,577 |
| Operating margin | 7.7% | 3.8% | -2.7% | -3.5% | 5.5% | 3.2% |
| Other income | 332 | 2,088 | 3,833 | 1,881 | 2,133 | 979 |
| Interest | 976 | 1,388 | 1,338 | 1,574 | 1,481 | 1,581 |
| Depreciation | 1,607 | 1,818 | 2,070 | 2,603 | 2,454 | 2,969 |
| Profit before tax | 1,341 | 175 | -1,026 | -3,975 | 150 | -2,421 |
| Tax | 99 | -127 | -1,360 | 764 | -84 | 59 |
| Net profit | 1,242 | 302 | 335 | -4,739 | 234 | -2,480 |
Quarters
| SEP '07† | DEC '07† | JUN '08† | SEP '08† | DEC '08† | JUN '09† | SEP '09† | DEC '09† | JUN '10† | SEP '10† | DEC '10† | JUN '11† | SEP '11† | DEC '11† | MAR '12† | JUN '12† | SEP '12† | DEC '12† | MAR '13† | JUN '13† | SEP '13† | DEC '13† | MAR '14† | JUN '14† | SEP '14† | DEC '14† | MAR '15† | JUN '15† | SEP '15† | DEC '15† | MAR '16† | JUN '16† | SEP '16† | DEC '16† | MAR '17† | JUN '17† | SEP '17† | DEC '17† | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6,673 | 7,252 | 6,928 | 7,079 | 4,759 | 6,405 | 7,979 | 8,980 | 10,416 | 11,504 | 11,520 | 11,898 | 12,954 | 13,338 | 16,391 | 10,586 | 12,481 | 10,630 | 11,068 | 9,104 | 8,868 | 7,770 | 8,545 | 7,705 | 8,750 | 9,056 | 10,784 | 9,297 | 10,501 | 10,001 | 12,570 | 11,465 | 11,406 | 11,222 | 15,092 | 10,375 | 13,400 | 16,102 |
| Operating profit | 807 | 833 | 523 | 565 | 78 | 717 | 1,050 | 1,129 | 1,156 | 1,095 | 1,168 | 967 | 873 | 852 | 1,486 | 700 | 654 | 145 | 219 | 105 | 81 | -459 | -639 | -298 | -265 | -871 | 159 | 346 | 612 | 461 | 896 | 574 | 306 | 76 | 620 | -64 | 787 | 1,383 |
| Operating margin | 12.1% | 11.5% | 7.5% | 8.0% | 1.6% | 11.2% | 13.2% | 12.6% | 11.1% | 9.5% | 10.1% | 8.1% | 6.7% | 6.4% | 9.1% | 6.6% | 5.2% | 1.4% | 2.0% | 1.2% | 0.9% | -5.9% | -7.5% | -3.9% | -3.0% | -9.6% | 1.5% | 3.7% | 5.8% | 4.6% | 7.1% | 5.0% | 2.7% | 0.7% | 4.1% | -0.6% | 5.9% | 8.6% |
| Other income | 71 | 92 | 316 | 429 | 100 | 319 | 421 | 0 | 69 | 78 | 5 | 116 | 57 | 25 | 134 | 447 | 1,439 | 112 | 90 | 1,621 | 76 | 1,988 | 148 | 1,597 | 143 | 58 | 83 | 980 | 218 | 475 | 460 | 625 | 146 | 94 | 114 | 640 | 142 | 92 |
| Interest | 96 | 92 | 112 | 148 | 168 | 253 | 286 | 286 | 72 | 307 | 275 | 253 | 212 | 186 | 325 | 319 | 367 | 368 | 334 | 319 | 340 | 356 | 323 | 340 | 345 | 418 | 471 | 428 | 364 | 346 | 344 | 340 | 373 | 414 | 455 | 368 | 444 | 501 |
| Depreciation | 160 | 168 | 181 | 203 | 202 | 229 | 263 | 264 | 307 | 332 | 337 | 365 | 387 | 421 | 433 | 429 | 447 | 482 | 459 | 500 | 519 | 512 | 539 | 541 | 613 | 626 | 823 | 612 | 623 | 605 | 614 | 712 | 719 | 729 | 810 | 675 | 751 | 769 |
| Profit before tax | 621 | 665 | 345 | 358 | -419 | 548 | 907 | 555 | 538 | 537 | 531 | 466 | 36 | 186 | 652 | 237 | 1,024 | -601 | -485 | 753 | -984 | 621 | -1,417 | 394 | -1,107 | -2,105 | -1,156 | 269 | -285 | -203 | 370 | 38 | -609 | -1,032 | -818 | -467 | -266 | 201 |
| Tax | 94 | 166 | 19 | 11 | -156 | 34 | 178 | 155 | 142 | 104 | 121 | 65 | -66 | 13 | 87 | 32 | 157 | -143 | -173 | 50 | -180 | -630 | -600 | 0 | 738 | 18 | 8 | 11 | 3 | -2 | -95 | 12 | 22 | 14 | 11 | 0 | 29 | 17 |
| Net profit | 527 | 499 | 326 | 347 | -263 | 514 | 729 | 400 | 396 | 433 | 410 | 401 | 102 | 174 | 565 | 205 | 867 | -458 | -312 | 703 | -804 | 1,251 | -817 | 394 | -1,846 | -2,123 | -1,164 | 258 | -287 | -201 | 465 | 26 | -631 | -1,046 | -829 | -467 | -295 | 184 |
| EPS ₹ | 13.67 | 11.72 | 8.46 | 9.00 | -5.51 | 9.93 | 14.12 | 7.36 | 6.88 | 7.53 | 6.60 | 6.25 | 0.31 | 0.53 | 1.77 | 0.63 | 2.70 | -1.44 | -0.98 | 2.18 | -2.50 | 3.87 | -2.54 | 1.21 | -5.73 | -6.60 | -3.62 | 0.76 | -0.85 | -0.59 | 1.45 | 0.06 | -1.86 | -3.08 | -2.44 | -1.38 | -0.87 | 0.53 |
| Revenue YoY | — | — | — | 6.1% | -34.4% | -7.6% | 12.7% | 88.7% | 62.6% | 44.2% | 28.3% | 14.2% | 12.6% | 15.8% | — | -11.0% | -3.6% | -20.3% | -32.5% | -14.0% | -28.9% | -26.9% | -22.8% | -15.4% | -1.3% | 16.6% | 26.2% | 20.7% | 20.0% | 10.4% | 16.6% | 23.3% | 8.6% | 12.2% | 20.1% | -9.5% | 17.5% | 43.5% |
| Profit YoY | — | — | — | -34.1% | -152.8% | 57.5% | 110.1% | — | -23.0% | -40.7% | 2.5% | 1.4% | -76.4% | -57.6% | — | -48.8% | 749.9% | -364.0% | -155.2% | 242.5% | -192.7% | — | — | -44.0% | — | -269.6% | — | -34.6% | — | — | — | -90.0% | — | — | -278.3% | -1913.8% | — | — |
Returns & margins
trailing-twelve-month, per quarter| DEC '18 | MAR '19 | JUN '19 | SEP '19 | DEC '19 | MAR '20 | JUN '21 | SEP '21 | DEC '21 | MAR '22 | JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -15.7% | -51.9% | -54.8% | -53.5% | -5.7% | -19.1% | -17.1% | -24.6% | -32.6% | -25.7% | -26.9% | -32.5% | -15.4% | 5.3% | 23.4% | 28.6% | 36.2% | 37.0% | 39.8% | 33.0% | 31.4% | 19.7% | 18.2% | 84.9% | 76.8% | 73.5% | 70.7% |
| ROCE | -14.4% | -16.9% | -17.2% | -15.8% | 4.5% | -2.1% | 0.8% | -0.4% | -2.7% | 1.3% | 0.9% | 2.3% | 4.9% | 7.8% | 12.6% | 16.9% | 19.2% | 20.3% | 22.2% | 20.1% | 19.8% | 22.6% | 20.1% | 12.3% | 4.2% | 1.4% | -0.7% |
| Net margin | -4.9% | -10.3% | -11.1% | -11.1% | -1.2% | -4.6% | -3.3% | -4.7% | -6.2% | -4.1% | -4.2% | -2.8% | -1.3% | 0.7% | 2.8% | 3.8% | 4.6% | 7.2% | 7.6% | 7.6% | 7.2% | 5.2% | 4.8% | 22.9% | 23.2% | 23.4% | 23.1% |
| EBITDA margin | 9.2% | 8.4% | 8.0% | 8.5% | 9.0% | 6.9% | 13.0% | 11.9% | 10.3% | 8.9% | 7.7% | 7.7% | 8.5% | 9.2% | 11.4% | 12.7% | 13.1% | 13.6% | 14.0% | 13.7% | 13.1% | 13.1% | 11.9% | 9.4% | 7.2% | 5.9% | 4.9% |
| Debt / equity | 0.82 | 1.51 | 1.51 | 1.51 | 1.51 | 1.58 | 2.46 | 2.46 | 2.46 | 3.13 | 3.13 | 5.21 | 5.21 | 2.77 | 2.77 | 2.23 | 2.23 | 1.16 | 1.16 | 0.96 | 0.96 | 0.54 | 0.54 | 0.53 | 0.53 | 0.62 | 0.62 |
| Interest coverage | -4.67 | -4.45 | -4.25 | -3.56 | 1.00 | -0.46 | 0.18 | -0.08 | -0.58 | 0.25 | 0.17 | 0.39 | 0.79 | 1.30 | 2.07 | 2.76 | 3.20 | 3.73 | 4.31 | 4.51 | 4.87 | 5.84 | 6.23 | 4.71 | 2.13 | 0.86 | -0.45 |
| Asset turnover | 0.93 | 0.99 | 0.97 | 0.95 | 0.93 | 0.81 | 0.83 | 0.85 | 0.84 | 0.84 | 0.86 | 0.96 | 1.01 | 1.03 | 1.12 | 1.16 | 1.22 | 1.18 | 1.20 | 1.13 | 1.13 | 1.17 | 1.16 | 1.19 | 1.06 | 0.92 | 0.90 |
Balance sheet
equity vs borrowings over time · ₹ crore| MAR '14‡ | MAR '15‡ | MAR '16‡ | MAR '17‡ | MAR '18‡ | MAR '19‡ | MAR '20‡ | MAR '21‡ | MAR '22‡ | SEP '22 | MAR '23 | SEP '23 | MAR '24 | SEP '24 | MAR '25 | SEP '25 | MAR '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Share capital | 644 | 644 | 679 | 679 | 679 | 679 | 720 | 766 | 766 | 766 | 766 | 766 | 766 | 736 | 736 | 737 | 737 |
| Other equity / reserves | 64,539 | 55,185 | 78,273 | 57,383 | 94,749 | 59,500 | 62,359 | 54,481 | 43,795 | 25,409 | 44,556 | 52,877 | 84,152 | 1,00,326 | 1,15,408 | 1,10,009 | 1,11,331 |
| Total equity | 65,183 | 55,829 | 78,952 | 58,062 | 95,428 | 60,180 | 63,079 | 55,247 | 44,561 | 26,175 | 45,322 | 53,643 | 84,918 | 1,01,062 | 1,16,144 | 1,10,746 | 1,12,068 |
| Borrowings | 54,954 | 69,211 | 61,961 | 74,489 | 77,994 | 90,968 | 99,678 | 1,35,905 | 1,39,677 | 1,36,494 | 1,25,660 | 1,19,468 | 98,500 | 97,260 | 62,499 | 58,501 | 69,953 |
| Current liabilities | 92,356 | 1,00,272 | 1,07,049 | — | — | — | — | — | — | 1,48,626 | 1,55,027 | 1,64,237 | 1,73,617 | 1,76,839 | 1,66,684 | 1,32,912 | 1,64,305 |
| Non-current liabilities | 61,618 | 81,691 | 80,706 | — | — | — | — | — | — | 1,36,150 | 1,28,455 | 1,21,884 | 1,03,953 | 1,04,046 | 89,204 | 94,005 | 98,775 |
| Total assets | 2,19,998 | 2,38,658 | 2,67,141 | 2,73,754 | 3,31,351 | 3,07,195 | 3,22,121 | 3,43,126 | 3,30,620 | 3,15,640 | 3,36,081 | 3,47,002 | 3,70,664 | 3,90,656 | 3,78,642 | 3,44,264 | 3,81,922 |
| Property, plant & equipment | 40,694 | 52,326 | 64,927 | 59,595 | 73,868 | 72,620 | 77,883 | 79,640 | 80,900 | 82,785 | 84,442 | 81,038 | 81,184 | 81,975 | 81,012 | 71,766 | 73,329 |
| Capital work-in-progress | 10,137 | 9,330 | 6,551 | 10,187 | 16,143 | 8,538 | 8,600 | 8,377 | 3,529 | 1,797 | 5,220 | 9,091 | 10,937 | 15,526 | 17,624 | 21,746 | 26,500 |
| Investments | — | — | — | — | — | — | — | — | — | 22,126 | 26,379 | 25,776 | 22,971 | 33,381 | 35,656 | 26,249 | 26,313 |
| Inventories | 27,271 | 29,272 | 32,656 | 35,085 | 42,138 | 39,014 | 37,457 | 36,089 | 35,240 | 37,906 | 40,755 | 45,987 | 47,788 | 54,682 | 47,269 | 40,230 | 50,126 |
| Receivables | 10,574 | 12,579 | 13,571 | 14,076 | 19,893 | 18,996 | 11,173 | 12,679 | 12,442 | 13,304 | 15,738 | 17,094 | 16,952 | 13,685 | 13,248 | 7,410 | 12,619 |
| Cash & equivalents | 29,712 | 32,116 | 17,154 | 13,987 | 14,717 | 21,560 | 18,468 | 31,700 | 38,159 | 30,589 | 31,887 | 34,140 | 40,015 | 24,127 | 34,349 | 23,424 | 22,880 |
Cash flow
annual · ₹ crore · line = free cash flow| FY14‡ | FY15‡ | FY16‡ | FY17‡ | FY18‡ | FY19‡ | FY20‡ | FY21‡ | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 36,151 | 35,531 | 37,900 | 30,199 | 23,857 | 18,891 | 26,633 | 29,001 | 14,283 | 35,388 | 67,915 | 63,102 | 13,041 |
| Cash from investing | -29,893 | -34,867 | -37,504 | -38,080 | -26,202 | -19,711 | -34,170 | -26,126 | -4,775 | -16,804 | -22,828 | -47,594 | -24,810 |
| Cash from financing | -3,883 | 5,201 | -3,795 | 6,205 | 2,012 | 8,830 | 3,390 | 9,904 | -3,380 | -26,243 | -37,006 | -18,786 | -1,344 |
| Capex | 26,975 | 31,962 | 31,503 | 30,467 | 35,079 | 35,304 | 29,702 | 20,205 | 15,168 | 18,096 | 31,414 | 38,042 | 36,282 |
| Free cash flow | 9,176 | 3,569 | 6,397 | -268 | -11,222 | -16,413 | -3,069 | 8,795 | -886 | 17,292 | 36,502 | 25,060 | -23,241 |
| Dividends paid | 689 | 681 | 0 | 73 | — | — | — | 2 | 100 | 141 | 769 | 2,303 | 2,203 |
Where the assets sit
Mar '26 · ₹ croreFixed assets (PPE)₹73,329 cr19%
CWIP₹26,500 cr7%
Investments₹26,313 cr7%
Inventories₹50,126 cr13%
Receivables₹12,619 cr3%
Cash & equivalents₹22,880 cr6%
Other assets₹1,70,155 cr45%
Peer comparison
largest in Automobile and Auto Components · this company in bold| Company | Market cap ₹cr | Price | P/E | P/B | ROE |
|---|---|---|---|---|---|
| Maruti Suzuki India Ltd. | 4,00,860 | 12,750.00 | 29.8 | 3.68 | 12.3% |
| Mahindra & Mahindra Ltd. | 3,67,588 | 3,287.20 | 19.0 | 3.75 | 19.8% |
| Bajaj Auto Ltd. | 2,99,543 | 10,900.00 | 22.9 | 8.18 | 35.7% |
| TVS Motor Company Ltd. | 2,13,401 | 4,491.70 | 55.8 | 18.81 | 33.7% |
| Eicher Motors Ltd. | 2,10,528 | 7,669.50 | 36.5 | 8.39 | 23.0% |
| Hyundai Motor India Ltd. | 1,73,071 | 2,130.00 | 51.8 | 8.49 | 16.4% |
| Samvardhana Motherson International Ltd. | 1,67,340 | 158.55 | 35.4 | 3.69 | 10.4% |
| Bosch Ltd. | 1,49,565 | 50,700.00 | 56.5 | 19.51 | 34.6% |
| Hero MotoCorp Ltd. | 1,10,343 | 5,513.00 | 18.4 | 4.71 | 25.6% |
| Tata Motors Passenger Vehicles Ltd. | 1,07,602 | 292.00 | 1.4 | 0.96 | 70.7% |
StoxGud checklist: Neutral setup · 6/10
- Price above 50-day average
- Price above 200-day average
- 50-day average above 200-day (uptrend)
- RSI in healthy 40–70 zone
- Positive 1-year return
- Return on equity above 15%
- Debt to equity below 1
- Revenue growing year on year
- Net profit margin above 10%
- P/E below industry median
A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.
Returns & technicals
1 month+3.2%
6 months-18.7%
1 year-29.0%
3Y CAGR-9.0%
5Y CAGR-0.6%
10Y CAGR-0.4%
50-day avg₹290.35
200-day avg₹335.14
RSI (14)54
Long-term financials (FY12–FY15)
from published annual reports| Year | Revenue | Profit before tax | Net profit |
|---|---|---|---|
| FY15 | ₹2,66,345 Cr | — | ₹13,986 Cr |
| FY14 | ₹2,36,626 Cr | — | ₹13,991 Cr |
| FY13 | ₹1,93,584 Cr | — | ₹9,893 Cr |
| FY12 | ₹1,70,678 Cr | ₹14,365 Cr | ₹13,516 Cr |
Years before FY17 follow the older Indian GAAP standard, so they are not exactly comparable with recent years.
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FAQs
What is the share price of Tata Motors Passenger Vehicles Ltd.?
Tata Motors Passenger Vehicles Ltd. (TMPV) closed at ₹292.00 on NSE on 06 Nov 2026.
What is the market cap of Tata Motors Passenger Vehicles Ltd.?
₹1,07,602 crore at the latest close.
What is the P/E ratio of Tata Motors Passenger Vehicles Ltd.?
1.4, on trailing-twelve-month earnings from its filings.
How fast is Tata Motors Passenger Vehicles Ltd. growing?
Tata Motors Passenger Vehicles Ltd.: revenue has compounded at -1.0% a year over three years; net profit at 224.4% a year. Latest-quarter revenue is down 8.2% year on year, profit down 80.2%.
How profitable is Tata Motors Passenger Vehicles Ltd.?
On a trailing-twelve-month basis return on equity is 70.7%, return on capital employed -0.7%, operating margin 4.9%, net margin 23.1%.
How much debt does Tata Motors Passenger Vehicles Ltd. have?
Tata Motors Passenger Vehicles Ltd. is moderately geared: debt to equity is 0.62 with borrowings of ₹69,953 cr against cash of ₹22,880 cr (balance sheet of 2026-03-31). Operating profit covers interest -0.5 times.
Financials parsed from Tata Motors Passenger Vehicles Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '18, annual from FY18, balance sheet from Mar '14. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.
Tata Motors Passenger Vehicles Ltd. · advanced chart