| Revenue growth | 17% YoY growth in Q3FY26, volume-led with richer model mix. |
|---|---|
| Margins | EBIT margins expanded to record 10.6% despite higher material costs. |
| Order book | Solid government bus order book of over 6,000 units pending delivery. |
| Demand visibility | Strong outlook for Q4 and FY27 supported by infrastructure and replacement. |
| Management confidence | Balanced; emphasizing financial prudence over aggressive market share at any cost. |
Growth
Revenue grew 17% YoY to ₹21,533cr, primarily driven by higher volumes and rich segment mix in HCVs.
Outlook
Management guided for continued double-digit EBITDA and positive free cash flow momentum into Q4 and FY27.
Risks
Commodity inflation in precious group metals and non-ferrous metals impacts variable costs by 120bps.
Earnings Call filed with BSE, NSE: TMCV. Summary written with AI assistance from the document.
Tata Motors Ltd: key numbers
- Share price
- ₹446.05
- Market cap
- ₹1,64,273 Cr
- Revenue (annual)
- ₹83,855 Cr
- Net profit (annual)
- ₹3,030 Cr
- P/E (TTM)
- 26.0×Sector 32.5×
- Promoter holding
- 42.51%-0.05% QoQ
- FII holding
- 19.02%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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