ALFA Finder| Management target | Revenue 10.0% |
|---|
| Revenue growth | Group revenue +34% YoY, flattered by JLR cyber-hit base. |
|---|---|
| Margins | EBITDA 6.2%, EBIT 1.1%, down from 2.4% QoQ; contraction. |
| Order book | EV bookings ~30% of total; pending EV bookings 40-45%; EV stock ~10 days. |
| Demand visibility | India demand robust; EV orders ahead of capacity; H2 growth moderating. |
| Management confidence | Balanced-to-defensive; admits guidance cut, defers China answers. |
Growth
Group revenue ~₹96-97k Cr, +34% YoY, flattered by JLR's cyber-hit base; India revenue +50%.
Outlook
FY27 JLR EBIT 2-3%, cash outflow ~£1.25bn; FY28 double-digit EBIT; net cash by FY30.
Risks
China/MENA collapse hits JLR mix; FY27 EBIT cut to 2-3%; commodity squeeze; net debt ₹51,000 Cr.
Last quarter's promises, checked
Delivered
- Guided higher double-digit FY27 volume growth → India offtake +40% YoY (= BEAT)
- Guided 10% revenue growth p.a. → group revenue +34% YoY (= BEAT)
Partly delivered
- Guided capex step-up from ₹1,300 Cr Q1 → H1 ₹2,700 Cr (= PARTIAL)
Missed
- Guided FY27 JLR guidance held (Q1 EBIT 2.8%) → cut to 2-3% (= MISS)
- Guided Q2 margins flattish vs Q1 (EBIT 2.4%) → EBIT 1.1% (= MISS)
- Guided commodity headwinds neutralized → ~40% offset YTD (= MISS)
Earnings Call Transcript filed with NSE, NSE: TMPV. Summary written with AI assistance from the document.
Tata Motors Passenger Vehicles Ltd: key numbers
- Share price
- ₹287.40
- Market cap
- ₹1,05,849 Cr
- Revenue (annual)
- ₹3,35,582 Cr
- Net profit (annual)
- ₹82,390 Cr
- P/E (TTM)
- -43.0×Sector 33.1×
- Promoter holding
- 42.50%-0.01% QoQ
- FII holding
- 15.32%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Tata Motors Passenger Vehicles Ltd
All →Tata Motors Passenger Vehicles Investor Presentation: Key Takeaways
Consolidated Q2 FY27 revenue ₹96.9K Cr (+34% YoY), EBITDA 6.2%, EBIT 1.1%, PBT (bei) ₹0.4K Cr; net debt ₹50.8K Cr. JLR margin pressure; PV record volumes and EV share gains.
Tata Motors Passenger Vehicles Q2 FY27 Results: Net Loss of ₹5,451 Cr
Tata Motors Passenger Vehicles Ltd reported revenue from operations of ₹96,920 Cr (+34.0% YoY) and a net loss of ₹5,451 Cr for Q2 FY27.
- Key figure
- Net loss ₹5,451 Cr
Tata Motors Passenger Vehicles Employee Stock Options
Tata Motors Passenger Vehicles allotted 52,771 shares to employees under its 2021 incentive scheme. Paid-up capital rose to ₹7,36,65,67,327.
Tata Motors Passenger Vehicles Business Update
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Tata Motors Passenger Vehicles Board Meeting Date
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Tata Motors Passenger Vehicles Other Announcement
The company submitted its quarterly shareholding pattern for the period ended September 30, 2026. This is a routine periodic disclosure mandated by SEBI regulations.