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Earnings Call

Tata Motors Passenger Vehicles Earnings Call: Key Takeaways

Tata Motors Limited reported record FY26 standalone revenue of ₹77,399 Cr and EBITDA margin of 13.2%, following its demerger into a pure-play CV leader.

Guidance and delivery
Management target Revenue 100.0% FY30
Highlights
Revenue growthFY26 standalone revenue grew to ₹77,399 Cr from ₹69,000 Cr.
MarginsResilient EBITDA in teens; 13.2% achieved in FY26.
Demand visibilityRobust mid-term outlook driven by 6-7% India GDP growth.
Management confidenceHigh; citing structural shifts from 'supply-push' to 'demand-pull' models.

Growth

FY26 revenue grew ~12% YoY; EBITDA margin improved 120 bps vs FY25. Free cash flow reached ₹9,186 Cr.

Outlook

Targets 40% market share. IVECO acquisition to close by Q2 FY27. Strong shift toward EV volumes by FY27.

Risks

Short-term headwinds include commodity volatility, geo-political disruptions, and potential interest rate hikes in FY27.

Source

Earnings Call filed with NSE, NSE: TMPV. Summary written with AI assistance from the document.

Read the document ↗

Tata Motors Passenger Vehicles Ltd: key numbers

Share price
₹290.45
Market cap
₹1,06,973 Cr
Revenue (annual)
₹3,35,582 Cr
Net profit (annual)
₹82,390 Cr
P/E (TTM)
1.4×Sector 33.6×
Promoter holding
42.51%-0.05% QoQ
FII holding
17.11%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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