TATAMOTORS
Tata Motors share price & financials
- Price
- ₹359.5
- Market cap
- ₹2.6L Cr
- Calls analysed
- 3
Tata Motors Q4 FY25 Earnings Call
Group Q4 Revenue ₹119,000 cr; Group Q4 EBITDA ₹16,700 cr; Group Auto FCF (Q4) ₹19,400 cr. Highest ever revenues, highest ever PBT before exceptional items for FY25.
Read the full call →What Tata Motors does
Tata Motors is a global automobile manufacturer that designs, builds and sells commercial vehicles, passenger vehicles and electric vehicles in India, and luxury vehicles worldwide through its Jaguar Land Rover business. It earns revenue from vehicle sales spanning cargo and public-mobility trucks and buses, mass-market cars and SUVs, and premium Range Rover, Defender, Discovery and Jaguar models, supported by spare parts, connected-vehicle services and financing. The group operates 24 manufacturing sites and 8 R&D/engineering centres and has a presence in 100+ countries.
Segments
- Tata Commercial Vehicles (Tata CV)
- Tata Passenger Vehicles + Tata EV
- Jaguar Land Rover (JLR)
- India market position
- No.1 in commercial vehicles, No.1 in EVs, No.3 in passenger vehicles
- Countries with presence
- 100+
- Manufacturing sites (global)
- 24
- R&D / engineering design sites
- 8
- Sales & service touchpoints
- 9,300+
- Collective group workforce
- 85,000+
Guidance record · Q4 FY25
what the last two calls moved 9 tracked 5 delivered 0 missed 4 open- JLR EBIT Margin delivered said Q2 FY25 Promised: >=8.5% for FY25 Q4 FY25: Delivered exactly 8.5% for FY25 (10.7% in Q4)
- Corporate Demerger on track said Q3 FY25 Promised: Appointed date July 1, 2025 Q4 FY25: Appointed date July 1, effective Oct 1, 2025
All 9 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 9.3%, net profit down 78.5% 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 | 83,656 | 94,472 | 98,377 | 87,677 | 72,349 −14% | 70,108 −26% | 1,05,447 +7% | 95,799 +9% |
| EBITDA | 9,914 | 10,402 | 14,387 | 8,162 | -1,404 −114% | 879 −92% | 11,259 −22% | 6,176 −24% |
| Net profit | 3,521 | 5,484 | 8,556 | 4,003 | 76,248 +2066% | -3,483 −164% | 5,878 −31% | 859 −79% |
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 −57.4% 1Y
1Y: ₹709.1 on 10 Sept 2025 → ₹302. High ₹719.15 (17 Sept 2025), low ₹296.25 (30 Mar 2026).
Financials, as filed
Revenue fell 1.0% a year over 3 years, FY23 to FY26. Operating margin narrowed to 5.6%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹346.0k Cr | ₹437.0k Cr | ₹383.6k Cr | ₹335.6k Cr |
| Operating profit | ₹31.9k Cr | ₹59.1k Cr | ₹50.0k Cr | ₹18.9k Cr |
| Operating margin | 9.2% | 13.5% | 13.0% | 5.6% |
| Interest | ₹10.2k Cr | ₹9.4k Cr | ₹4.2k Cr | ₹2.8k Cr |
| Depreciation | ₹24.9k Cr | ₹27.3k Cr | ₹21.6k Cr | ₹19.8k Cr |
| Net profit | ₹2.7k Cr | ₹31.8k Cr | ₹28.1k Cr | ₹82.6k Cr |
| Net margin | 0.8% | 7.3% | 7.3% | 24.6% |
| Cash from operations | ₹35.4k Cr | ₹67.9k Cr | ₹63.1k Cr | ₹13.0k Cr |
| Free cash flow | ₹16.4k Cr | ₹36.7k Cr | ₹26.0k Cr | ₹-23.2k Cr |
| ROCE | 6.0% | 19.0% | 16.0% | 3.0% |
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 | ₹766 Cr | ₹766 Cr | ₹766 Cr | ₹767 Cr | ₹737 Cr | ₹737 Cr |
| Reserves | ₹54.5k Cr | ₹43.8k Cr | ₹44.6k Cr | ₹84.2k Cr | ₹110.0k Cr | ₹111.3k Cr |
| Borrowings | ₹142.1k Cr | ₹146.4k Cr | ₹134.1k Cr | ₹107.3k Cr | ₹67.3k Cr | ₹79.1k Cr |
| Other liabilities | ₹144.2k Cr | ₹138.1k Cr | ₹155.2k Cr | ₹177.3k Cr | ₹166.3k Cr | ₹188.0k Cr |
| Total liabilities | ₹341.6k Cr | ₹329.1k Cr | ₹334.7k Cr | ₹369.5k Cr | ₹344.3k Cr | ₹379.2k Cr |
| Fixed assets | ₹138.7k Cr | ₹138.9k Cr | ₹132.1k Cr | ₹121.3k Cr | ₹165.0k Cr | ₹104.7k Cr |
| Capital work in progress | ₹21.0k Cr | ₹10.3k Cr | ₹14.3k Cr | ₹35.7k Cr | ₹21.7k Cr | ₹102.7k Cr |
| Investments | ₹24.6k Cr | ₹29.4k Cr | ₹26.4k Cr | ₹23.0k Cr | ₹26.2k Cr | ₹26.3k Cr |
| Other assets | ₹157.3k Cr | ₹150.6k Cr | ₹161.9k Cr | ₹189.6k Cr | ₹131.3k Cr | ₹145.6k Cr |
| Total assets | ₹341.6k Cr | ₹329.1k Cr | ₹334.7k Cr | ₹369.5k Cr | ₹344.3k Cr | ₹379.2k 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
The ownership split has held steady since Jun 2025. The shareholder count shrank 8% to 62,15,151.
- Promoters
- 42.5%
- FIIs
- 17.1%
- DIIs
- 17.0%
- Government
- 0.3%
- Public
- 23.1%
Since Jun 2025
- Public +0.08 pp
- Promoters −0.06 pp
- FIIs −0.06 pp
How it drifted, 12 quarters
Over this window the public went from 17.7% to 23.1% — +5.4 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 46.4%, FIIs 18.4%, DIIs 17.4%, Government 0.1%, Public 17.7%.Dec '23: Promoters 46.4%, FIIs 18.6%, DIIs 17.3%, Government 0.1%, Public 17.6%.Mar '24: Promoters 46.4%, FIIs 19.2%, DIIs 16.0%, Government 0.1%, Public 18.3%.Jun '24: Promoters 46.4%, FIIs 18.2%, DIIs 15.9%, Government 0.1%, Public 19.4%.Sep '24: Promoters 42.6%, FIIs 20.5%, DIIs 16.1%, Government 0.3%, Public 20.5%.Dec '24: Promoters 42.6%, FIIs 18.7%, DIIs 16.5%, Government 0.3%, Public 21.9%.Mar '25: Promoters 42.6%, FIIs 17.8%, DIIs 16.9%, Government 0.3%, Public 22.4%.Jun '25: Promoters 42.6%, FIIs 17.2%, DIIs 16.9%, Government 0.3%, Public 23.0%.Sep '25: Promoters 42.6%, FIIs 17.1%, DIIs 17.0%, Government 0.3%, Public 23.0%.Dec '25: Promoters 42.6%, FIIs 17.9%, DIIs 15.1%, Government 0.3%, Public 24.1%.Mar '26: Promoters 42.6%, FIIs 17.3%, DIIs 16.8%, Government 0.3%, Public 23.1%.Jun '26: Promoters 42.5%, FIIs 17.1%, DIIs 17.0%, Government 0.3%, Public 23.1%.
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
- Tata International West Asia FZCO (formerly Tata International West Asia DMCC) newly disclosed 0.00% held
- Artifex Systems Slovakia s. r. o. (formerly IAC Group (Slovakia) s.r.o.) newly disclosed 0.00% held
The same filing shows 3 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 Motors above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Tata Sons Private Limited | 40.14% | unchanged |
| Life Insurance Corporation Of India Insurer | 4.75% | unchanged |
| ICICI Prudential Value Fund Mutual fund | 2.86% | −0.44 pp |
| SBI Nifty 50 ETF Mutual fund | 2.27% | −0.11 pp |
| Tata Industries Limited | 1.96% | unchanged |
| Rekha Jhunjhunwala | 1.33% | unchanged |
| Tata Investment Corporation Ltd | 0.30% | unchanged |
| Ewart Investments Limited | 0.09% | unchanged |
| The Tata Power Company Limited | 0.01% | unchanged |
| Tata Chemicals Limited | 0.00% | −0.05 pp |
| Tata Steel Limited | 0.00% | unchanged |
| Tata Projects 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.
All earnings calls (3)
Read the Q4 FY25 call →Learn to analyse Tata Motors
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