Tata Motors Limited share price

NSE: TMCV · ISIN INE1TAE01010

Key numbers

Market cap
₹ 1,62,595 Cr
Current price
₹ 441.50
52-week high / low
₹ 509 / 306
Stock P/E
38.7
Book value
₹ 34.6
Dividend yield
0.91%
ROCE
28.5%
ROE
26.0%
Debt to equity
0.44
Sales growth (3 yrs)
-
Profit growth (3 yrs)
-
1-year return
-

About Tata Motors Limited

Tata Motors Limited engages in the design, manufacture, and sale of automotive vehicles in India, South Korea, and internationally. The company offers pick-ups, trucks, buses, small commercial vehicles, and electric vehicles. It also provides related spare parts, accessories, and distribution and services of vehicles. The company was formerly known as TML Commercial Vehicles Limited and changed its name to Tata Motors Limited in October 2025. Tata Motors Limited was founded in 1961 and is based in Mumbai, India.

Quarterly results

Consolidated figures in ₹ crores

Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Sales21,68917,19221,73225,97420,576
Operating profit2,1731,6992,3553,0391,924
Net profit1,3401,3977051,7932,560
EPS (₹)3.643.791.914.876.95

Concall summary (2026-08-18)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • Auto ROCE continued to be strong at 68% on a trailing twelve -month basis, against 72% for FY26.
  • This is the walk from PBT before exceptional items of ₹1,635 crore in Q1 FY26 to ₹2,057 crore in Q1 FY27, and what you see below is the EBIT margin bridge.

Growth & demand

  • The volume momentum we saw in the last page translated into a 23% revenue growth for the quarter, which stood at ₹19,300 crore, EBITDA was ₹2,300 crore at a margin of 11.7%, down 60 basis points YoY .
  • We also had 110 bps growth in VAHAN share in small commercial vehicle and around 490 bps growth in CV passenger, which is buses and vans.

Margins & costs

  • EBIT margin was 9.4%, down only 20 basis points and PBT before exceptional items was ₹2,100 crore, up 26% year-on-year.
  • The price increases that we took during the quarter have largely been passed through and together these added 140 basis points to EBIT margin.

Capex & expansion

  • We also crossed a major milestone, with our Lucknow plant crossing 10 lakh commercial vehicles in cumulative production.
  • On Freight Tiger - we acquired an additional 18.1% equity stake in May 2026 for around ₹96 crore, taking our total holding to approximately 63.6%.

Balance sheet & cash

  • Free cash flow was ₹1,100 crore, against a negative ₹1,800 crore in Q1 last year.
  • Net cash stood at ₹7,100 crore as of June 30th, against ₹7,500 crore at March-end and this is after the ₹1,473 crore dividend payout during the quarter.

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