Inve India ▾

Tata Motors Passenger Vehicles share price & results

Tata Motors Passenger Vehicles Limited· Automobile and Auto Components· Consumer Discretionary

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Tata's passenger-vehicle arm: Tata PV/EV cars in India plus Jaguar Land Rover globally

Company research is public. Sign in to keep your own companies, notes and cases.

Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue17,535 ₹ crore+58.9% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin2.5 %−0.9 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit75.0 ₹ crore−98.6% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity0.87 %+47.8 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-6.91 %−14.0 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)-5.62 %+7.3 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

14 of 19 judged targets kept · 14 open · verdicts reflect calls analysed to Q1 FY27.

Tata Motors Passenger Vehicles Limited management guidance track record on Inve: 33 targets tracked across analysed earnings calls (14 achieved, 5 missed, 14 open).

TargetOriginal wordingSaidLatest callVerdict
India PV Monthly EV Production Run-RateRamp up EV production beyond 10,000 units per month starting May 2026 (Q1 FY27)
Call transcript, Q4 FY26 · 20 May 2026		Q4 FY26Q1 FY27:Delivered 34,000 EV units in Q1 FY27 (~11,333 units/month average) and scaled further to 15,000 EV units in July, handily surpassing the >10,000 units/month target
Call transcript, Q1 FY27 · 19 Aug 2026		Achieved
Sierra Production Capacity Ramp-up & Waiting Period ReductionIncrease Sierra capacity in two phases over next 5-6 months to progressively reduce the 6-7 month waiting period
Call transcript, Q3 FY26 · 5 Feb 2026		Q3 FY26Q1 FY27:Launched Sierra.ev and increased overall India PV dealer inventory from 20 days to ~30 days on 182,000 Q1 wholesales, but omitted any explicit update on the two-phase Sierra capacity expansion or waiting period reduction at its Q1 FY27 target deadline
Call transcript, Q1 FY27 · 19 Aug 2026		Ghosted
Range Rover Electric LaunchLaunch Range Rover Electric at the very end of CY2025
Call transcript, Q3 FY25 · 29 Jan 2025		Q3 FY25Q1 FY27:Still not commercially launched in Q1 FY27; management stated Range Rover Electric is among four BEVs approaching introduction 'over the coming quarters' with ~12,000 total JLR EV units tentatively penciled in for FY27
Call transcript, Q1 FY27 · 19 Aug 2026		Delayed

Source: Inve Guidance Tracker for Tata Motors Passenger Vehicles Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

5 of Tata Motors Passenger Vehicles Limited's 33 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 30 more targets are in the full ledger.

Free account: 5 full ledgers a month and one Inve Case. Pro opens 100 a month, ₹499.
See the full record

Price

₹263.7 −0.34% · −₹0.9

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance −34.6% 1Y

₹300₹350₹400Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 14 Nov 2025Q3 FY26 — 5 Feb 2026Q4 FY26 — 20 May 2026Q1 FY27 — 19 Aug 2026

1Y: ₹403.3 on 24 Oct 2025 → ₹263.7. High ₹417 (3 Nov 2025), low ₹263.7 (26 Oct 2026).

Previous close
₹264.6
Market cap
₹96.5k Cr
52-week range
₹263.7 – ₹417
One year
−35.69%
Price to earnings (TTM to Jun 2026)
96.88×
Return on equity (TTM to Jun 2026)
0.87%

Overview

Symbol
NSE:TMPV
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What Tata Motors Passenger Vehicles Limited does

Based on the company's own presentations, annual report and earnings calls.

Tata Motors Passenger Vehicles Limited (formerly Tata Motors Limited) is the passenger-mobility arm of the Tata group, created when Tata Motors was demerged into separate commercial-vehicle and personal-mobility listed companies. It operates through two automotive sub-segments: Tata Passenger Vehicles, which makes and sells petrol, diesel, CNG and electric cars and SUVs in India, and UK-based Jaguar Land Rover (JLR), which designs and sells luxury vehicles worldwide. It is India's second-largest passenger-vehicle maker and the domestic electric-vehicle leader, while JLR runs a house of four global luxury brands.

Segments

  • Tata Passenger Vehicles (Tata PV, incl. Tata EV)
  • Jaguar Land Rover (JLR)
  • Others
India passenger-vehicle market rank
No.2 in India (H2 FY26, by Vahan registrations)
JLR brand portfolio
Four brands: Range Rover, Defender, Discovery, Jaguar
India PV annual sales
6.4+ lakh units (FY26, highest ever)
India EV market position
No.1 EV maker in India (domestic EV leader)
India EV sales
92,000 units (FY26, highest ever)
India CNG vehicle sales
1.7+ lakh units (FY26)
Founded 1945Headquarters Mumbai, India Company website

How the price took the results

close before → close after

Q1 FY27
−0.5%
19 Aug
Q4 FY26
+0.0%
20 May
Q3 FY26
−0.3%
5 Feb
Q2 FY26
−1.7%
14 Nov

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.

Your own record

Start an Inve Case for Tata Motors Passenger Vehicles Limited

Free account: one company. Everything above stays public.

Write why you follow Tata Motors Passenger Vehicles Limited and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.

What an account adds

Keep reading

Other Automobile and Auto Components companies

All Automobile and Auto Components companies → · Automobile and Auto Components earnings growth →

Learn to analyse Tata Motors Passenger Vehicles Limited

Guides on how to read this kind of business and the numbers that matter.