Tata Motors Passenger Vehicles Limited TMPV NSE
Company Overview
Tata Motors Passenger Vehicles Limited designs, develops, manufactures, and sells various automotive vehicles. The company offers passenger and electric vehicles, as well as related spare parts and accessories. It also manufactures engines for industrial applications. In addition, the company provides information technology and vehicle financing services. It operates in India, China, the United States, the United Kingdom, rest of Europe, and internationally. The company was formerly known as Tata Motors Limited and changed its name to Tata Motors Passenger Vehicles Limited in October 2025. Tata Motors Passenger Vehicles Limited was incorporated in 1945 and is headquartered in Mumbai, India.
Why Investors Should Care
Generates a return on equity of 73.5%, reflecting efficient use of shareholder capital.
Net profit has compounded at 224.4% per year over the last five years.
Maintains a net profit margin of 24.7%.
Recent Developments
- Mar 2026 Revenue of ₹3.33 L Cr (-8.3% YoY); net profit ₹82,390.00 Cr.
- Trailing 12 Months Year-on-year growth — revenue -8.3%, earnings +196.0%.
- 5-Year Trend Long-term compounding — revenue CAGR -0.9%, profit CAGR 224.4%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | -0.93% |
| 1 Year: | -8.28% |
Compounded Profit Growth
| 5 Years: | 224.36% |
| 1 Year: | 196.05% |
Stock Price Performance
| 1 Year: | -51.55% |
| 6 Months: | -3.86% |
| 3 Months: | -6.41% |
| 1 Month: | -14.37% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)38.25 · Neutral
P/E of 547.95 is above the sector median of 30.43 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 73.5%.
- Excellent profit margin of 24.7%.
- Profit CAGR of 224.4% over 5 years.
CONS
- Trading at a high P/E of 548.0.
- Revenue declined at -0.9% CAGR over 5 years.
- Trading 53.2% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Consumer Cyclical).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | TMPV Tata Motors Passenger Vehicles Limited NSE | 334.25 | 547.95 | ₹1.23 L Cr | 0.89% | 0.55% | 73.52% | -0.93% | 224.36% |
| 2 | MARUTI Maruti Suzuki India Limited NIFTY50NSEAI | 13,542.00 | 29.36 | ₹4.26 L Cr | 1.01% | 17.22% | 13.70% | 16.60% | 21.11% |
| 3 | TITAN Titan Company Limited NIFTY50NSE | 4,602.10 | 80.47 | ₹4.09 L Cr | 0.33% | 38.43% | 32.31% | 29.24% | 16.00% |
| 4 | M&M Mahindra & Mahindra Limited NIFTY50NSEAI | 3,108.80 | 20.43 | ₹3.87 L Cr | 1.05% | 17.14% | 18.37% | 17.50% | 18.48% |
| 5 | BAJAJ-AUTO Bajaj Auto Limited NIFTY50NSE | 10,348.50 | 26.92 | ₹2.89 L Cr | 1.48% | 26.12% | 27.67% | 19.49% | 21.03% |
| 6 | ETERNAL Eternal Limited NSEAITECH | 290.35 | 744.49 | ₹2.80 L Cr | 0.00% | 2.87% | 1.18% | 97.70% | 45.90% |
| 7 | EICHERMOT Eicher Motors Limited NIFTY50NSEAI | 7,354.50 | 42.67 | ₹2.02 L Cr | 1.11% | 26.43% | 21.97% | 17.47% | 23.70% |
| 8 | TVSMOTOR TVS Motor Company Limited NSE | 3,644.70 | 57.37 | ₹1.73 L Cr | 0.33% | 28.82% | 31.56% | 20.21% | 31.46% |
| 9 | HYUNDAI HYUNDAI MOTOR INDIA LTD NSE | 2,035.00 | 30.44 | ₹1.65 L Cr | 1.06% | 32.62% | 27.14% | 5.50% | 4.87% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.06 L Cr | 1.02 L Cr | 1.05 L Cr | 1.11 L Cr | 1.19 L Cr | 1.07 L Cr | - | - | 97,863.00 Cr | 1.04 L Cr | 71,714.00 Cr | 69,605.00 Cr | 1.05 L Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 59,734.00 Cr | 66,890.00 Cr | 47,946.00 Cr | 43,823.00 Cr | 66,578.00 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 38,129.00 Cr | 36,902.00 Cr | 23,768.00 Cr | 25,782.00 Cr | 38,345.00 Cr |
| Operating Expenses | 92,818.00 Cr | 89,019.00 Cr | 91,362.00 Cr | 95,159.00 Cr | 1.02 L Cr | 91,854.00 Cr | - | - | 35,991.00 Cr | 40,229.00 Cr | 37,278.00 Cr | 37,651.00 Cr | 39,720.00 Cr |
| Operating Income | 6,064.00 Cr | 6,584.00 Cr | 7,130.00 Cr | 8,568.00 Cr | 9,542.00 Cr | 8,683.00 Cr | - | - | 2,138.00 Cr | -3,327.00 Cr | -13,510.00 Cr | -11,869.00 Cr | -1,375.00 Cr |
| EBITDA | 13,114.00 Cr | 13,217.00 Cr | 13,767.00 Cr | 15,418.00 Cr | 16,685.00 Cr | 15,248.00 Cr | - | - | 15,433.00 Cr | 11,819.00 Cr | -2,513.00 Cr | 918.00 Cr | 13,136.00 Cr |
| Interest Expense | 2,642.00 Cr | 2,615.00 Cr | 2,652.00 Cr | 2,485.00 Cr | 1,645.00 Cr | 1,471.00 Cr | - | - | 828.00 Cr | 938.00 Cr | 686.00 Cr | 682.00 Cr | 767.00 Cr |
| Pretax Income | 4,875.00 Cr | 4,864.00 Cr | 6,035.00 Cr | 7,687.00 Cr | 9,309.00 Cr | 13,765.00 Cr | - | - | 9,888.00 Cr | 5,561.00 Cr | -8,070.00 Cr | -4,733.00 Cr | 7,277.00 Cr |
| Tax Provision | -633.75 Cr | 1,556.48 Cr | 2,172.60 Cr | 538.09 Cr | -8,191.92 Cr | 3,165.95 Cr | - | - | 2,647.00 Cr | 1,558.00 Cr | -1,702.00 Cr | -1,250.00 Cr | 1,399.00 Cr |
| Net Income | 5,496.00 Cr | 3,301.00 Cr | 3,832.00 Cr | 7,145.00 Cr | 17,528.00 Cr | 10,587.00 Cr | - | - | 8,470.00 Cr | 3,924.00 Cr | 76,170.00 Cr | -3,486.00 Cr | 5,783.00 Cr |
| Diluted EPS | 16.28 | 9.64 | 11.33 | 21.14 | 52.37 | 31.63 | - | - | 23.00 | 10.65 | -17.50 | -9.47 | 15.70 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.63 L Cr | 2.73 L Cr | 2.70 L Cr | 2.92 L Cr | 3.02 L Cr | 2.61 L Cr | 2.50 L Cr | - | 3.43 L Cr | 4.31 L Cr | 3.63 L Cr | 3.33 L Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 2.28 L Cr | 2.75 L Cr | 2.23 L Cr | 2.16 L Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 1.15 L Cr | 1.56 L Cr | 1.40 L Cr | 1.18 L Cr |
| Operating Expenses | 2.24 L Cr | 2.35 L Cr | 2.40 L Cr | 2.60 L Cr | 2.77 L Cr | 2.43 L Cr | 2.18 L Cr | - | 1.22 L Cr | 1.48 L Cr | 1.41 L Cr | 1.46 L Cr |
| Operating Income | 25,850.00 Cr | 21,684.00 Cr | 11,684.00 Cr | 9,904.00 Cr | 1,073.00 Cr | -3,438.00 Cr | 8,740.00 Cr | - | -7,137.46 Cr | 8,377.00 Cr | -793.00 Cr | -28,363.00 Cr |
| EBITDA | 39,239.00 Cr | 38,395.00 Cr | 29,589.00 Cr | 31,458.00 Cr | 24,664.00 Cr | 17,987.00 Cr | 32,287.00 Cr | - | 38,479.77 Cr | 63,293.00 Cr | 55,611.00 Cr | 21,457.00 Cr |
| Interest Expense | 4,861.00 Cr | 4,889.00 Cr | 4,238.00 Cr | 4,682.00 Cr | 5,759.00 Cr | 7,243.00 Cr | 8,097.00 Cr | - | 10,225.48 Cr | 7,594.00 Cr | 3,901.00 Cr | 2,827.00 Cr |
| Pretax Income | 21,703.00 Cr | 14,126.00 Cr | 9,315.00 Cr | 11,155.00 Cr | -31,371.00 Cr | -10,580.00 Cr | -10,474.00 Cr | - | 3,393.93 Cr | 28,429.00 Cr | 28,454.00 Cr | -1,623.00 Cr |
| Tax Provision | 7,596.05 Cr | 2,966.46 Cr | 3,260.25 Cr | 4,350.45 Cr | 2,509.68 Cr | -423.20 Cr | -2,513.76 Cr | - | 704.06 Cr | -4,024.00 Cr | 9,060.00 Cr | -246.00 Cr |
| Net Income | 14,073.00 Cr | 11,678.00 Cr | 7,557.00 Cr | 9,091.00 Cr | -28,724.00 Cr | -11,975.00 Cr | -13,395.00 Cr | - | 2,414.29 Cr | 31,399.00 Cr | 27,830.00 Cr | 82,390.00 Cr |
| Diluted EPS | 48.44 | 40.11 | 25.82 | 31.13 | -99.84 | -39.08 | -40.51 | - | 6.29 | 81.88 | 78.75 | 0.61 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 2.37 L Cr | 2.63 L Cr | 2.73 L Cr | 3.27 L Cr | 3.06 L Cr | 3.20 L Cr | 3.42 L Cr | - | 3.36 L Cr | 3.71 L Cr | 3.79 L Cr | 3.82 L Cr |
| Current Assets | - | - | - | - | - | - | - | - | 1.52 L Cr | 1.68 L Cr | 1.60 L Cr | 1.39 L Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 31,886.95 Cr | 40,015.00 Cr | 34,349.00 Cr | 22,880.00 Cr |
| Inventory | - | - | - | - | - | - | - | - | 40,755.39 Cr | 47,788.00 Cr | 47,269.00 Cr | 50,126.00 Cr |
| Receivables | - | - | - | - | - | - | - | - | 15,737.97 Cr | 16,952.00 Cr | 13,248.00 Cr | 12,619.00 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 2.83 L Cr | 2.78 L Cr | 2.56 L Cr | 2.63 L Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | 1.55 L Cr | 1.85 L Cr | 1.67 L Cr | 1.64 L Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | 91,195.81 Cr | 64,697.00 Cr | 42,681.00 Cr | 46,534.00 Cr |
| Total Debt | 73,610.00 Cr | 69,360.00 Cr | 78,604.00 Cr | 88,950.00 Cr | 1.06 L Cr | 1.25 L Cr | 1.42 L Cr | - | 1.37 L Cr | 1.10 L Cr | 74,004.00 Cr | 81,395.00 Cr |
| Total Equity | 56,262.00 Cr | 78,952.00 Cr | 58,062.00 Cr | 95,428.00 Cr | 60,179.00 Cr | 63,079.00 Cr | 55,247.00 Cr | - | 45,321.79 Cr | 84,918.00 Cr | 1.16 L Cr | 1.12 L Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 382.98 Cr | 383.22 Cr | 368.13 Cr | 368.24 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 35,531.00 Cr | 37,900.00 Cr | 30,199.00 Cr | 23,857.00 Cr | 18,891.00 Cr | 26,633.00 Cr | 29,001.00 Cr | - | 35,388.01 Cr | 67,915.00 Cr | 63,102.00 Cr | 13,041.00 Cr |
| Investing Cash Flow | -36,232.00 Cr | -36,694.00 Cr | -39,571.00 Cr | -25,139.00 Cr | -20,878.00 Cr | -33,115.00 Cr | -25,672.00 Cr | - | -16,804.16 Cr | -22,828.00 Cr | -47,594.00 Cr | -24,810.00 Cr |
| Financing Cash Flow | 5,201.00 Cr | -3,795.00 Cr | 6,205.00 Cr | 2,012.00 Cr | 8,830.00 Cr | 3,390.00 Cr | 9,904.00 Cr | - | -26,242.90 Cr | -37,006.00 Cr | -18,786.00 Cr | -1,344.00 Cr |
| Capital Expenditure | -31,888.00 Cr | -31,445.00 Cr | -16,018.00 Cr | -35,048.00 Cr | -35,237.00 Cr | -29,531.00 Cr | -19,855.00 Cr | - | -18,095.68 Cr | -31,414.00 Cr | -38,042.00 Cr | -36,282.00 Cr |
| Free Cash Flow | 3,643.00 Cr | 6,455.00 Cr | 14,181.00 Cr | -11,191.00 Cr | -16,346.00 Cr | -2,898.00 Cr | 9,146.00 Cr | - | 17,292.33 Cr | 36,501.00 Cr | 25,060.00 Cr | -23,241.00 Cr |
| Net Change in Cash | 4,500.00 Cr | -2,589.00 Cr | -3,167.00 Cr | 730.00 Cr | 6,843.00 Cr | -3,092.00 Cr | 13,232.00 Cr | - | -7,659.05 Cr | 8,081.00 Cr | -3,278.00 Cr | -13,113.00 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 33.5% | 36.3% | 38.6% | 35.3% |
| Operating Margin % | 9.8% | 7.9% | 4.3% | 3.4% | 0.4% | -1.3% | 3.5% | - | -2.1% | 1.9% | -0.2% | -8.5% |
| Net Margin % | 5.3% | 4.3% | 2.8% | 3.1% | -9.5% | -4.6% | -5.4% | - | 0.7% | 7.3% | 7.7% | 24.7% |
| ROE % | 25.0% | 14.8% | 13.0% | 9.5% | -47.7% | -19.0% | -24.2% | - | 5.3% | 37.0% | 24.0% | 73.5% |
| ROCE % | - | - | - | - | - | - | - | - | -3.9% | 4.5% | -0.4% | -13.0% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for TMPV
Tata Motors Passenger Vehicles Ltd (TMPV) - MSN
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TMPV — Frequently Asked Questions
What is the current share price of Tata Motors Passenger Vehicles Limited (TMPV)?
As of 2026-07-15 09:52 IST, Tata Motors Passenger Vehicles Limited (TMPV) trades at ₹334.25 on NSE. Its 52-week range is ₹293.76 to ₹713.58.
What is the market capitalisation of TMPV?
Tata Motors Passenger Vehicles Limited (TMPV) has a market capitalisation of ₹1.23 L Cr on NSE.
What is the P/E ratio of TMPV?
TMPV trades at a trailing price-to-earnings (P/E) ratio of 547.95. The industry average P/E is 30.43. Its price-to-book (P/B) ratio is 1.12.
Does TMPV pay a dividend?
Tata Motors Passenger Vehicles Limited (TMPV) currently offers a dividend yield of 0.89%.
What is the return on equity (ROE) of TMPV?
TMPV has a return on equity (ROE) of 73.52%. Its return on capital employed (ROCE) is 0.55%.
Is TMPV a good stock to buy?
This page provides a data-driven analysis of Tata Motors Passenger Vehicles Limited (TMPV), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.