TATACAP
Tata Capital share price & financials
- Price
- ₹354.2
- Market cap
- ₹1.6L Cr
- Sector
- Financial Services
- Calls analysed
- 4
Tata Capital Limited Q1 FY27
What went well
- Consolidated Profit After Tax (PAT) for Q1 FY27 stood at INR 1,547 crores, marking a significant 56% year-on-year growth and 3% sequentially.
- Assets Under Management (AUM) grew by 22% year-on-year to INR 2.91 lakh crores, with a 28% growth excluding the motor finance business.
- Net Non-Performing Assets (NPA) declined by 10 basis points sequentially to 0.8%, demonstrating strong asset quality.
What to watch
- Cost of funds increased marginally to 7.28% in Q1 FY27 from 7.15% in Q4 FY26, with an expectation of a further 8-10 bps increase this year.
- The Motor Finance book moderated to INR 24,445 crores due to macroeconomic uncertainties and elevated fuel costs, though a reversal is expected from Q3 FY27.
What Tata Capital Limited does
Tata Capital is an RBI upper-layer NBFC and the lending arm of the Tata group, offering a comprehensive suite of 25+ loan products across retail, SME and corporate borrowers through a 100%-owned housing-finance subsidiary (Tata Capital Housing Finance) and other units. It earns primarily by lending and collecting interest, complemented by non-lending businesses in private equity, wealth management and distribution of insurance and credit cards. Retail and SME borrowers make up roughly 86% of its net AUM, which is spread across home loans, loans against property, personal and business loans, vehicle and equipment finance, and cleantech/infrastructure loans.
Segments
- Retail
- SME
- Corporate
- Motor Finance
- Private Equity
- Wealth Management
- Insurance Distribution
- Market position
- 3rd largest diversified NBFC in India
- Branches
- 1,477 across 27 states and UTs (1,074 locations)
- Customer franchise
- 8.4 million
- Lending products
- 25+
- In-house sales team
- 20,241
- Direct selling agents (DSAs)
- 30,000+
Guidance record · Q1 FY27
what the last two calls moved 15 tracked 4 delivered 0 missed 11 open- Motor Finance AUM Growth delayed said Q2 FY26 Promised: start growing from Q1 FY'27 Q1 FY27: The Motor Finance book, which is shrinking at this point of time, should also start reversing from 3rd Quarter onwards.
- Housing Finance AUM on track said Q2 FY26 Promised: Housing Finance AUM to reach 1 lakh crores by mid-FY'27 Q1 FY27: AUM grew to 89,416 crores.
- Motor Finance Profitability delivered said Q2 FY26 Promised: Motor Finance breakeven in Q4 FY'26 Q4 FY26: The Motor Finance business achieved break-even in Q3 FY26 and reported a profit of INR 43 crores in Q4 FY26.
All 15 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 13.6%, net profit up 75.9% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,428 | 5,368 | 5,665 | 5,575 | 5,584 +3% | 5,783 +8% | 6,110 +8% | 6,334 +14% |
| Net profit | 707 | 719 | 655 | 568 | 661 −7% | 790 +10% | 1,183 +81% | 999 +76% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +9.8% 1Y
1Y: ₹330.5 on 13 Oct 2025 → ₹362.9. High ₹382.7 (6 Aug 2026), low ₹297.8 (21 May 2026).
How the price took the results
close before → close after
- Q1 FY27
- +1.3%
- 28 Jul
- Q4 FY26
- +1.0%
- 23 Apr
- Q3 FY26
- −2.2%
- 29 Jan
- Q2 FY26
- +0.7%
- 28 Oct
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
| Year ending | FY26 |
|---|---|
| Revenue | ₹23.1k Cr |
| Interest | ₹11.0k Cr |
| Depreciation | ₹484 Cr |
| Net profit | ₹3.2k Cr |
| Net margin | 13.9% |
| ROE | 10.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹3.5k Cr | ₹3.5k Cr | ₹3.6k Cr | ₹3.7k Cr | ₹4.0k Cr | ₹4.2k Cr |
| Reserves | ₹3.4k Cr | ₹3.5k Cr | ₹11.2k Cr | ₹15.7k Cr | ₹32.3k Cr | ₹34.8k Cr |
| Borrowings | ₹3.4k Cr | ₹4.1k Cr | ₹78.9k Cr | ₹101.1k Cr | — | ₹161.8k Cr |
| Other liabilities | ₹137 Cr | ₹154 Cr | ₹3.2k Cr | ₹3.1k Cr | ₹6.6k Cr | ₹6.0k Cr |
| Total liabilities | ₹10.5k Cr | ₹11.3k Cr | ₹96.8k Cr | ₹123.7k Cr | ₹256.2k Cr | ₹206.9k Cr |
| Fixed assets | ₹90 Cr | ₹85 Cr | ₹605 Cr | ₹998 Cr | ₹2.5k Cr | ₹2.4k Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹10 Cr | ₹7 Cr | ₹2 Cr | ₹32 Cr |
| Investments | ₹9.1k Cr | ₹10.1k Cr | ₹12.0k Cr | ₹9.5k Cr | ₹9.3k Cr | ₹11.2k Cr |
| Other assets | ₹1.3k Cr | ₹1.0k Cr | ₹84.2k Cr | ₹113.2k Cr | ₹244.4k Cr | ₹193.2k Cr |
| Total assets | ₹10.5k Cr | ₹11.3k Cr | ₹96.8k Cr | ₹123.7k Cr | ₹256.2k Cr | ₹206.9k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Dec 2025, the public trimmed −0.78 pp while FIIs added +0.54 pp. The shareholder count shrank 14% to 12,11,911.
- Promoters
- 85.4%
- FIIs
- 5.2%
- DIIs
- 3.6%
- Public
- 5.2%
- Others
- 0.7%
Since Dec 2025
- Public −0.78 pp
- FIIs +0.54 pp
- DIIs +0.24 pp
How it drifted, 3 quarters
Ownership split by quarter, oldest first. Dec '25: Promoters 85.4%, FIIs 4.6%, DIIs 3.3%, Public 6.0%, Others 0.7%.Mar '26: Promoters 85.4%, FIIs 4.9%, DIIs 3.6%, Public 5.4%, Others 0.7%.Jun '26: Promoters 85.4%, FIIs 5.2%, DIIs 3.6%, Public 5.2%, Others 0.7%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- PT TQCert Indonesia newly disclosed 0.00% held
- TQ Cert Services LLC, Qatar newly disclosed 0.00% held
- TComm Turkey Dijital Çözümler Limited Şirketi newly disclosed 0.00% held
- Artifex Systems Slovakia s. r. o. newly disclosed 0.00% held
- Tata International West Asia FZCO newly disclosed 0.00% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Tata Capital Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Tata Sons Private Limited | 78.80% | unchanged |
| TMF Holdings Limited | 4.39% | unchanged |
| Tata Investment Corporation Ltd | 1.95% | unchanged |
| Tata Motors Limited | 0.10% | unchanged |
| Tata Chemicals Limited | 0.08% | unchanged |
| The Tata Power Company Limited | 0.05% | unchanged |
| Tata International Limited | 0.02% | unchanged |
| Tata Consumer Products Limited | 0.01% | unchanged |
| Panatone Finvest Limited | 0.00% | unchanged |
| Akashastha Technologies Private Limited | 0.00% | unchanged |
| The Indian Hotels Company Limited | 0.00% | unchanged |
| Tata Industries Limited | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Mutual funds in TATACAP
Filings to Aug 2026
0 new, 5 added, 1 trimmed, 0 sold out — net +0.78 L shares (+0.4%).
- Held by funds
- ₹770 Cr
- 12 schemes
- Biggest holder
- HDFC Large Cap Fund
- ₹298 Cr · 0.7% of that fund
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| HDFC Large Cap Fund HDFC Mutual Fund | ₹298 Cr | held | Oct '25 |
| HDFC Multi Cap Fund HDFC Mutual Fund | ₹212 Cr | held | Oct '25 |
| HDFC Value Fund HDFC Mutual Fund | ₹114 Cr | held | Nov '25 |
| Nippon India ETF Nifty Next 50 Junior BeES Nippon India Mutual Fund | ₹65 Cr | +0.57 L | Mar '26 |
| Nippon India Flexi Cap Fund Nippon India Mutual Fund | ₹31 Cr | held | Jun '26 |
| SBI Nifty Next 50 ETF SBI Mutual Fund | ₹22 Cr | +0.01 L | Mar '26 |
| SBI Nifty Next 50 Index Fund SBI Mutual Fund | ₹17 Cr | +0.19 L | Mar '26 |
| SBI ELSS Tax Saver Fund SBI Mutual Fund | ₹3 Cr | held | Jul '26 |
HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.
Mutual funds Aug 2026
5 added, 1 trimmed — net +77,574 shares (+0.4%)
- Funds are sitting on
- +9%
- vs est. average cost
- Held by funds
- ₹770 Cr
- 12 schemes · ≈ 0.48% of the company
- Biggest holder
- HDFC Large Cap Fund
- ₹298 Cr · 0.7% of that fund
Shares held by these funds +115%
Oct '25 2.10 cr shares Jul '26
All earnings calls (4)
Read the Q1 FY27 call →Learn to analyse Tata Capital Limited
Guides on how to read this kind of business and the numbers that matter.