Tata Motors Limited
₹396.25-₹4.05 (-1.0%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹1,56,223 Cr
- P/E
- 578.0x
- Revenue
- ₹69,419 Cr
Price chart
Technical chartScreen technicals →+23.9% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -6.0%
- 3M
- -4.6%
- 6M
- -3.3%
- 1Y
- +23.9%
- 5Y
- +12.5%
52-week range
Day change -₹4.05 (-1.0%) from ₹400 to ₹396 · Last close Oct 30, 2026
AI Summary
Indian StockStrengths1
- Large-cap with ₹1.6L Cr market capitalisation
Concerns1
- Valuation elevated — PE of 578.0x is 1014% above peer average of 51.9x
Rule-based from financial data. Not advice.
About the company
Tata Motors Limited engages in the manufacturing of commercial vehicles. It offers utility vehicles, pick-ups, trucks, and buses. The company operates in India and South Korea, as well as international presence across Africa, the Middle East, Latin America, Southeast Asia, and SAARC countries. 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 incorporated in 2024 and is based in Mumbai, India.
- Sector
- Automobiles & Components
- Shares outstanding
- 368 Cr shares
- ISIN
- INE1TAE01010
- BSE code
- 544569
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹1,56,223 Cr
- P/E
- 578.0x
- Earnings yield
- 0.2%
- 52-week high
- ₹504.90
- 52-week low
- ₹318.40
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹69,419 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -5.3%
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹8 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹61,408 Cr |
| Sales | Operating profit | ₹8,011 Cr |
| Operating profit | Interest | ₹1,122 Cr |
| Operating profit | Depreciation | ₹2,008 Cr |
| Operating profit | Profit before tax | ₹4,881 Cr |
| Other income | Profit before tax | ₹2,471 Cr |
| Profit before tax | Tax and other | ₹1,900 Cr |
| Profit before tax | Net profit | ₹5,452 Cr |
Cash flows
FY2025: ₹9,795 Cr from operations, ₹5,974 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2025 | ₹9,795 Cr | ₹5,974 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Cash from operations
- ₹9,795 Cr
- Free cash flow
- ₹5,974 Cr
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | — | ₹8,011 Cr | — | — | ₹9,795 Cr | ₹5,974 Cr | — | — | — |
Monthly returns
Month-by-month returns of TMCV across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹65,420 Cr |
| Equity capital | ₹736 Cr |
| Reserves | ₹32,706 Cr |
| Borrowings | ₹9,006 Cr |
| Other liabilities | ₹22,972 Cr |
| Assets | ₹65,420 Cr |
| Fixed assets | ₹14,115 Cr |
| Capital work in progress | ₹1,824 Cr |
| Investments | ₹34,284 Cr |
| Other assets | ₹15,197 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
TMCV trades at 578.0x earnings against a peer median of 34.8x (a 1561% premium).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Tata Motors LimitedTMCVthis companyP/E ↑ premium | ₹1.6 L Cr | 578.0x | — | — | — |
| Eicher Motors Ltd.EICHERMOT | ₹2.0 L Cr | 43.2x | 10.6x | — | — |
| HYUNDAI MOTOR INDIA LIMITEDHYUNDAI | ₹1.9 L Cr | 33.4x | 11.0x | 57.9% | 17.7x |
| TVS Motor Company Ltd.TVSMOTOR | ₹1.8 L Cr | 56.6x | 18.3x | 26.9% | 49.0x |
| TATA MOTORS PASSENGER VEHICLES LIMITEDTMPV | ₹1.3 L Cr | 19.4x | 5.2x | 26.2% | 12.0x |
| Samvardhana Motherson International LimitedMOTHERSON | ₹1.2 L Cr | 65.4x | 3.2x | 3.0% | 73.9x |
| Tata Power Co. LtdTATAPOWER | ₹1.2 L Cr | 50.4x | 6.2x | 14.1% | 23.2x |
| Hero MotoCorp LimitedHEROMOTOCO | ₹1.1 L Cr | 23.9x | 5.5x | 22.1% | 19.0x |
| Bosch LtdBOSCHLTD | ₹1.1 L Cr | 49.2x | 8.0x | — | — |
| Peer median | — | 34.8x | 5.2x | 16.1% | 21.0x |
Year-to-date ROI
TMCV since 1 January, against earlier years.
Historical volatility
TMCV's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 4.0% |
| FY2022 | 3.0% |
| FY2023 | 7.0% |
| FY2024 | 10.0% |
| FY2025 | 12.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹69,419 Cr |
| Costs | |
| Interest | ₹1,122 Cr |
| Expenses | ₹61,408 Cr |
| Operating profitOperating Profit | ₹8,011 Cr |
| Other income and charges | |
| Profit before tax | ₹7,352 Cr |
| Tax | |
| Net profitNet Profit | ₹5,452 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹65,420 Cr |
| Equity capitalEquity Capital | ₹736 Cr |
| Reserves | ₹32,706 Cr |
| Borrowings | ₹9,006 Cr |
| Other liabilitiesOther Liabilities | ₹22,972 Cr |
| AssetsTotal Assets | ₹65,420 Cr |
| Fixed assetsFixed Assets | ₹14,115 Cr |
| Capital work in progressCWIP | ₹1,824 Cr |
| Investments | ₹34,284 Cr |
| Other assetsOther Assets | ₹15,197 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹9,795 Cr |
| Investing cash flowCash from Investing Activity | -₹3,821 Cr |
| Financing cash flowCash from Financing Activity | -₹8,932 Cr |
| Change in cashNet Cash Flow | -₹2,958 Cr |
Learn while you research
Academy chapters picked for Tata Motors Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 578.0, learn when high multiples are justified.6 min read
- 04 Sectors & IndustriesHow to classify and compare companies across sectors.6 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read