Nifty
:
25178.65
Sensex
:
81287.19
-317.90 (-1.25%)
-961.42 (-1.17%)
Nifty
Sensex
:
:
25178.65
81287.19
-317.90 (-1.25%)
-961.42 (-1.17%)

Tata Motors Passenger Vehicles Ltd.

Automobiles-Trucks/Lcv

Rating :
59/99

BSE: 500570 | NSE: TMPV

NSE BSE
382.65
27-Feb-2026
  • Open
  • High
  • Low
  • Previous Close
  •  393.65
  •  394.05
  •  380.95
  •  391.55
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  15951041
  •  6151415805.9
  •  445.23
  •  320.61

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 1,41,090.30
  • 1.66
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 1,71,999.30
  • 1.57%
  • 1.32

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 42.56%
  • 0.72%
  • 21.64%
  • FII
  • DII
  • Others
  • 17.88%
  • 15.01%
  • 2.19%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 4.88
  • 11.97
  • 8.32

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 4.46
  • 13.51
  • 11.56

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 7.63
  • -
  • 111.86

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • -
  • 6.79
  • 10.14

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 2.41
  • 3.35
  • 3.40

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 5.72
  • 6.38
  • 5.61

Earnings Forecasts:

(Updated: 21-02-2026)
Description
2024
2025
2026
2027
Adj EPS
75.59
5.43
41.77
56.24
P/E Ratio
5.06
70.47
9.16
6.80
Revenue
439695
347249
406065
443885
EBITDA
55216
22672.7
42379.4
51509.2
Net Income
27830
2464.05
13704.2
18919.8
ROA
7.43
3.07
4.76
5.82
P/B Ratio
1.21
1.19
1.07
0.95
ROE
27.68
2.13
11.06
13.06
FCFF
44694
-28944.7
4897.2
8841.03
FCFF Yield
Net Debt
6797
18335.8
17284.8
14129.5
BVPS
315.44
321.28
356.44
403.56

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Net Sales
70,108.00
94,472.00
-25.79%
72,349.00
83,656.00
-13.52%
1,04,407.00
1,07,102.00
-2.52%
1,19,503.00
1,19,033.00
0.39%
Expenses
69,229.00
84,055.00
-17.64%
73,753.00
74,178.00
-0.57%
94,683.00
92,130.00
2.77%
1,02,685.00
1,02,348.00
0.33%
EBITDA
879.00
10,417.00
-91.56%
-1,404.00
9,478.00
-
9,724.00
14,972.00
-35.05%
16,818.00
16,685.00
0.80%
EBIDTM
1.25%
11.03%
-1.94%
11.33%
9.31%
13.98%
14.07%
14.02%
Other Income
1,467.00
1,472.00
-0.34%
1,461.00
1,799.00
-18.79%
2,019.00
1,786.00
13.05%
1,509.00
1,398.00
7.94%
Interest
682.00
843.00
-19.10%
686.00
1,094.00
-37.29%
938.00
1,471.00
-36.23%
1,076.00
1,645.00
-34.59%
Depreciation
4,969.00
4,863.00
2.18%
4,871.00
5,467.00
-10.90%
5,320.00
6,565.00
-18.96%
5,295.00
7,143.00
-25.87%
PBT
-4,902.00
6,183.00
-
-8,108.00
4,747.00
-
5,429.00
8,765.00
-38.06%
11,390.00
9,207.00
23.71%
Tax
-1,250.00
1,942.00
-
-1,702.00
1,752.00
-
1,558.00
3,178.00
-50.98%
2,948.00
-8,219.00
-
PAT
-3,652.00
4,241.00
-
-6,406.00
2,995.00
-
3,871.00
5,587.00
-30.71%
8,442.00
17,426.00
-51.56%
PATM
-5.21%
4.49%
-8.85%
3.58%
3.71%
5.22%
7.06%
14.64%
EPS
-9.46
14.69
-
206.70
9.36
2,108.33%
10.66
27.42
-61.12%
23.02
45.39
-49.28%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
3,66,367.00
4,39,695.00
4,34,016.00
3,45,966.97
2,78,453.62
2,49,794.75
2,61,067.97
3,01,938.40
2,91,550.48
2,69,692.51
2,73,045.60
Net Sales Growth
-9.37%
1.31%
25.45%
24.25%
11.47%
-4.32%
-13.54%
3.56%
8.10%
-1.23%
 
Cost Of Goods Sold
2,32,876.00
2,71,786.00
2,72,755.00
2,26,469.64
1,80,885.82
1,58,291.52
1,67,428.28
1,97,566.56
1,87,228.60
1,66,671.73
1,61,156.14
Gross Profit
1,33,491.00
1,67,909.00
1,61,261.00
1,19,497.33
97,567.80
91,503.23
93,639.69
1,04,371.84
1,04,321.88
1,03,020.78
1,11,889.46
GP Margin
36.44%
38.19%
37.16%
34.54%
35.04%
36.63%
35.87%
34.57%
35.78%
38.20%
40.98%
Total Expenditure
3,40,350.00
3,84,725.00
3,76,207.00
3,14,151.17
2,55,104.10
2,20,621.56
2,43,767.22
2,78,604.19
2,62,656.68
2,40,909.54
2,37,510.50
Power & Fuel Cost
-
2,443.00
2,189.00
2,513.33
2,178.29
1,112.87
1,264.95
1,585.93
1,308.08
1,159.82
1,143.63
% Of Sales
-
0.56%
0.50%
0.73%
0.78%
0.45%
0.48%
0.53%
0.45%
0.43%
0.42%
Employee Cost
-
47,767.00
41,990.00
33,654.70
30,808.52
27,648.48
30,438.60
33,243.87
30,300.09
28,332.89
28,880.89
% Of Sales
-
10.86%
9.67%
9.73%
11.06%
11.07%
11.66%
11.01%
10.39%
10.51%
10.58%
Manufacturing Exp.
-
32,141.00
31,667.00
26,005.68
21,371.20
16,495.50
19,842.17
21,383.13
23,102.47
21,033.14
22,945.07
% Of Sales
-
7.31%
7.30%
7.52%
7.67%
6.60%
7.60%
7.08%
7.92%
7.80%
8.40%
General & Admin Exp.
-
3,350.00
3,043.00
5,460.52
4,702.35
4,100.92
2,715.62
2,764.03
3,776.28
1,945.48
3,095.44
% Of Sales
-
0.76%
0.70%
1.58%
1.69%
1.64%
1.04%
0.92%
1.30%
0.72%
1.13%
Selling & Distn. Exp.
-
27,175.00
22,806.00
16,532.71
13,638.20
11,993.65
18,498.83
20,620.33
16,668.66
16,805.05
15,559.95
% Of Sales
-
6.18%
5.25%
4.78%
4.90%
4.80%
7.09%
6.83%
5.72%
6.23%
5.70%
Miscellaneous Exp.
-
63.00
1,757.00
3,514.59
1,519.72
978.62
3,578.77
1,440.34
272.50
4,961.43
15,559.95
% Of Sales
-
0.01%
0.40%
1.02%
0.55%
0.39%
1.37%
0.48%
0.09%
1.84%
1.73%
EBITDA
26,017.00
54,970.00
57,809.00
31,815.80
23,349.52
29,173.19
17,300.75
23,334.21
28,893.80
28,782.97
35,535.10
EBITDA Margin
7.10%
12.50%
13.32%
9.20%
8.39%
11.68%
6.63%
7.73%
9.91%
10.67%
13.01%
Other Income
6,456.00
7,412.00
5,692.00
4,737.06
4,424.20
5,757.43
3,659.47
4,295.43
6,521.47
1,560.26
2,040.88
Interest
3,382.00
5,083.00
7,594.00
10,225.48
9,311.86
8,097.17
7,243.33
5,758.60
4,681.79
4,238.01
4,889.08
Depreciation
20,455.00
23,256.00
27,239.00
24,860.36
24,835.69
23,546.71
21,425.43
23,590.63
21,553.59
17,904.99
16,710.78
PBT
3,809.00
34,043.00
28,668.00
1,467.02
-6,373.83
3,286.74
-7,708.54
-1,719.59
9,179.89
8,200.23
15,976.12
Tax
1,554.00
10,502.00
-4,024.00
704.06
4,231.29
2,541.86
395.25
-2,437.45
4,341.93
3,251.23
3,025.05
Tax Rate
40.80%
31.36%
-14.51%
23.03%
-60.42%
-24.27%
-3.74%
7.77%
38.92%
34.90%
21.42%
PAT
2,255.00
22,959.00
32,045.00
2,414.29
-11,367.41
-13,072.43
-11,070.85
-29,035.73
6,710.65
5,961.36
11,001.84
PAT before Minority Interest
2,009.00
23,278.00
32,453.00
2,689.87
-11,234.70
-13,016.14
-10,975.23
-28,933.70
6,813.10
6,063.56
11,100.72
Minority Interest
-246.00
-319.00
-408.00
-275.58
-132.71
-56.29
-95.62
-102.03
-102.45
-102.20
-98.88
PAT Margin
0.62%
5.22%
7.38%
0.70%
-4.08%
-5.23%
-4.24%
-9.62%
2.30%
2.21%
4.03%
PAT Growth
-92.55%
-28.35%
1,227.31%
-
-
-
-
-
12.57%
-45.81%
 
EPS
6.12
62.35
87.02
6.56
-30.87
-35.50
-30.07
-78.85
18.22
16.19
29.88

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
1,16,144.00
84,918.00
45,321.79
44,561.24
55,246.72
63,078.53
60,179.56
95,427.91
58,061.89
78,952.41
Share Capital
736.00
767.00
766.02
765.88
765.81
719.54
679.22
679.22
679.22
679.18
Total Reserves
1,15,314.00
84,060.00
44,490.09
43,750.69
54,458.73
61,478.35
59,491.90
94,748.69
57,382.67
78,273.23
Non-Current Liabilities
82,028.00
90,855.00
1,23,269.87
1,27,233.97
1,24,036.06
1,12,317.22
95,883.37
88,019.37
95,152.44
76,749.44
Secured Loans
334.00
13,286.00
11,153.36
15,136.69
19,351.30
13,703.67
13,271.81
7,755.68
7,757.76
5,666.36
Unsecured Loans
39,883.00
48,863.00
77,542.45
82,622.48
73,761.47
69,611.95
57,545.69
53,443.82
52,871.42
44,844.03
Long Term Provisions
20,935.00
16,537.00
13,196.53
12,955.89
13,606.76
14,736.69
11,854.85
10,948.44
20,988.48
13,438.25
Current Liabilities
1,66,684.00
1,73,616.00
1,55,027.33
1,50,679.69
1,57,749.18
1,40,454.05
1,45,457.43
1,42,149.29
1,15,629.52
1,07,049.43
Trade Payables
97,368.00
93,978.00
79,251.76
69,750.33
76,040.15
66,398.21
71,690.67
76,939.83
62,532.57
61,561.79
Other Current Liabilities
45,652.00
60,085.00
48,643.88
51,530.82
46,111.77
46,324.13
42,402.11
38,902.04
32,036.67
27,468.82
Short Term Borrowings
5,687.00
5,735.00
14,066.84
17,378.38
21,662.79
16,362.53
20,150.26
16,794.85
13,859.94
11,450.78
Short Term Provisions
17,977.00
13,818.00
13,064.85
12,020.16
13,934.47
11,369.18
11,214.39
9,512.57
7,200.34
6,568.04
Total Liabilities
3,71,466.00
3,57,565.00
3,30,896.71
3,26,745.96
3,38,605.45
3,16,663.36
3,02,043.42
3,26,121.63
2,69,297.02
2,63,184.12
Net Block
1,15,697.00
1,21,285.00
1,32,079.76
1,38,855.45
1,38,707.61
1,27,107.14
1,11,234.47
1,21,413.86
95,944.08
1,07,231.76
Gross Block
3,20,000.00
3,34,478.00
3,31,141.36
3,24,096.02
3,13,692.35
2,70,578.56
2,32,516.97
2,13,209.05
1,63,512.21
1,68,940.61
Accumulated Depreciation
2,04,303.00
2,13,193.00
1,99,061.60
1,85,240.57
1,74,984.74
1,43,471.42
1,21,282.50
91,795.19
67,568.13
61,708.85
Non Current Assets
2,11,141.00
1,89,173.00
1,79,368.24
1,79,771.54
1,91,717.81
1,97,076.11
1,78,612.26
1,91,218.97
1,53,177.27
1,53,260.45
Capital Work in Progress
65,806.00
35,698.00
14,274.50
10,251.09
20,963.93
35,622.29
31,883.84
40,033.50
33,698.84
25,918.94
Non Current Investment
8,457.00
8,718.00
7,540.85
6,670.31
5,569.09
5,446.94
6,240.89
5,651.65
5,296.77
4,533.98
Long Term Loans & Adv.
7,152.00
6,329.00
4,915.62
3,703.70
3,888.53
4,017.16
2,908.28
2,730.65
3,415.38
3,249.06
Other Non Current Assets
14,029.00
17,143.00
20,557.51
20,290.99
22,588.65
24,882.58
26,344.78
21,389.31
14,822.20
12,326.71
Current Assets
1,59,811.00
1,67,718.00
1,50,700.69
1,46,453.69
1,46,666.84
1,19,392.82
1,23,268.92
1,33,387.65
1,16,119.75
1,09,923.67
Current Investments
27,199.00
14,253.00
18,838.31
22,709.22
19,051.19
10,861.54
9,529.83
15,161.10
15,041.15
19,233.04
Inventories
47,269.00
47,788.00
40,755.39
35,240.34
36,088.59
37,456.88
39,013.73
42,137.63
35,085.31
32,655.73
Sundry Debtors
13,248.00
16,952.00
15,737.97
12,442.12
12,679.08
11,172.69
18,996.17
19,893.30
14,075.55
13,570.91
Cash & Bank
40,834.00
45,807.00
37,015.56
40,669.19
46,792.46
33,726.97
32,648.82
34,613.91
36,077.88
30,460.40
Other Current Assets
31,261.00
9,671.00
4,608.00
5,456.46
32,055.52
26,174.74
23,080.37
21,581.71
15,839.86
14,003.59
Short Term Loans & Adv.
10,573.00
33,247.00
33,745.46
29,936.36
26,959.91
21,750.65
19,969.66
17,066.75
13,091.67
12,018.43
Net Current Assets
-6,873.00
-5,898.00
-4,326.64
-4,226.00
-11,082.34
-21,061.23
-22,188.51
-8,761.64
490.23
2,874.24
Total Assets
3,70,952.00
3,56,891.00
3,30,068.93
3,26,225.23
3,38,384.65
3,16,468.93
3,01,881.18
3,24,606.62
2,69,297.02
2,63,184.12

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Cash From Operating Activity
63,102.00
67,915.00
35,388.01
14,282.83
29,000.51
26,632.94
18,890.75
23,857.42
30,199.25
37,899.54
PBT
38,755.00
27,955.00
3,393.93
-7,077.47
-10,853.24
-10,579.98
-28,724.20
9,091.36
7,556.56
11,678.19
Adjustment
20,182.00
37,151.00
38,300.20
34,020.24
42,050.88
33,932.46
57,495.07
24,220.92
21,283.55
26,947.94
Changes in Working Capital
8,156.00
7,325.00
-3,127.13
-10,750.30
-92.57
5,065.40
-7,220.69
-6,433.70
3,254.24
1,313.18
Cash after chg. in Working capital
67,093.00
72,431.00
38,567.00
16,192.47
31,105.07
28,417.88
21,550.18
26,878.58
32,094.35
39,939.31
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-3,991.00
-4,516.00
-3,178.99
-1,909.64
-2,104.56
-1,784.94
-2,659.43
-3,021.16
-1,895.10
-2,039.77
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-47,594.00
-22,828.00
-16,804.16
-4,775.12
-26,126.25
-34,170.22
-19,711.09
-26,201.61
-38,079.88
-37,504.43
Net Fixed Assets
-1,723.00
-1,842.74
1,162.97
26,335.51
-1,997.04
-4,561.21
-3,321.18
-1,205.36
-2,165.00
-7,136.95
Net Investments
-1,975.00
15.58
2,074.89
-16,706.30
-1,077.00
251.20
-103.80
532.24
-332.49
23.85
Others
-43,896.00
-21,000.84
-20,042.02
-14,404.33
-23,052.21
-29,860.21
-16,286.11
-25,528.49
-35,582.39
-30,391.33
Cash from Financing Activity
-18,786.00
-37,006.00
-26,242.90
-3,380.17
9,904.20
3,389.61
8,830.37
2,011.71
6,205.30
-3,795.12
Net Cash Inflow / Outflow
-3,278.00
8,081.00
-7,659.05
6,127.54
12,778.46
-4,147.67
8,010.03
-332.48
-1,675.33
-3,400.01
Opening Cash & Equivalents
40,015.00
31,887.00
38,159.01
31,700.01
18,467.80
21,559.80
14,716.75
13,986.76
17,153.61
19,743.09
Closing Cash & Equivalent
34,349.00
40,015.00
31,886.95
38,159.01
31,700.01
18,467.80
21,559.80
14,716.75
13,986.76
17,153.61

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Book Value (Rs.)
315.35
221.19
118.17
116.26
144.23
172.89
177.19
281.01
170.98
232.51
ROA
6.39%
9.43%
0.82%
-3.38%
-3.97%
-3.55%
-9.20%
2.28%
2.28%
4.45%
ROE
23.18%
49.90%
5.99%
-22.53%
-22.17%
-17.94%
-37.19%
8.88%
8.85%
16.42%
ROCE
21.47%
20.33%
7.67%
1.23%
-1.27%
-1.92%
-14.61%
9.87%
9.51%
13.67%
Fixed Asset Turnover
1.34
1.30
1.06
0.87
0.86
1.04
1.35
1.55
1.65
1.67
Receivable days
12.53
13.75
14.87
16.46
17.43
21.09
23.51
21.21
18.38
17.19
Inventory Days
39.45
37.23
40.09
46.75
53.73
53.46
49.05
48.21
45.04
40.70
Payable days
122.29
107.12
106.39
129.29
151.96
144.04
86.63
84.02
80.94
81.53
Cash Conversion Cycle
-70.30
-56.14
-51.44
-66.08
-80.81
-69.49
-14.08
-14.60
-17.52
-23.64
Total Debt/Equity
0.54
1.16
2.78
3.14
2.46
1.91
1.76
0.93
1.35
0.88
Interest Cover
7.65
4.74
1.33
0.25
-0.29
-0.46
-4.45
3.38
3.20
3.89

Annual Reports:

FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016

News Update:


  • Tata.ev, Shell India Mobility collaborate to introduce 21 new mega charging hubs
    25th Feb 2026, 12:50 PM

    The company aims to introduce over 4,00,000 charging points, including 500 TATA.ev Mega Charging Hubs by 2027, enabling seamless long-distance EV travel in India

    Read More
  • Tata Motors Passenger Vehicles signs MoU with Stellantis
    11th Feb 2026, 14:59 PM

    The MoU is to explore further opportunities for collaboration across manufacturing, engineering, and supply chain in India and overseas

    Read More
  • TMPV, JLR start operations at new manufacturing facility in Tamil Nadu
    10th Feb 2026, 16:44 PM

    The first vehicle to roll out of the plant is the locally manufactured Range Rover Evoque from JLR

    Read More
  • Tata MotorsPassenger - Quarterly Results
    6th Feb 2026, 00:00 AM

    Read More
  • Tata Motors Passenger Vehicles reports consolidated net loss of Rs 3,486.00 crore in Q3
    5th Feb 2026, 18:29 PM

    Consolidated total income of the company decreased by 25.35% at Rs 71,575.00 crore for Q3FY26

    Read More
  • Tata Motors Passenger Vehicles reports 47% rise in total sales in January
    1st Feb 2026, 10:50 AM

    EV (International Business + Domestic) sales surged 72.7% at 9,052 units in January 2026 as against 5,240 units in January 2025

    Read More
  • Tata Motors Passenger Vehicles launches XPRES in Petrol, CNG
    27th Jan 2026, 16:44 PM

    The move reinforces TMPV’s focus on its multi-powertrain strategy, delivering customised, high-uptime mobility solutions for professional fleet operators across India

    Read More
  • Tata Motors Passenger Vehicles launches Harrier, Safari in Petrol Powertrains
    8th Jan 2026, 09:30 AM

    The all-new 1.5L HYPERION Turbo-GDi engine is packed with intelligent technologies that enable the Harrier and Safari to redefine the premium SUV segment

    Read More
  • Tata Motors Passenger Vehicles’ JLR reports 43% fall in Wholesale volumes in Q3FY26
    6th Jan 2026, 14:30 PM

    Retail sales for the third quarter of 79,600 units (including CJLR) were down 25.1% year-on-year

    Read More
  • Tata Motors Passenger Vehicles reports 14% rise in total sales in December
    1st Jan 2026, 16:44 PM

    EV (International Business + Domestic) sales surged 24.2% at 6,906 units in December 2025

    Read More
  • Tata Motors Passenger Vehicles launches December EMI plans for cars
    19th Dec 2025, 14:22 PM

    EMIs are starting at just Rs 4,999 per month for the Tiago and going up to Rs 14,555 per month for the Curvv.ev

    Read More
  • Tata Motors Passenger Vehicles reports over 70,000 bookings for Tata Sierra
    18th Dec 2025, 12:50 PM

    Additionally, 1.35 lakh more customers have submitted their preferred configuration and are progressing to complete booking formalities

    Read More
  • Tata Motors Passenger Vehicles reports 26% rise in total sales in November
    1st Dec 2025, 16:30 PM

    EV (IB + Domestic) sales surged 52.1% at 7,911 units in November 2025 as against 5,202 units in November 2024

    Read More
  • Tata Motors Passenger Vehicles launches all-new ‘Tata Sierra’
    26th Nov 2025, 14:18 PM

    The car comes with a starting price of Rs 11.49 lakh

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.