Tata Motors Passenger Vehicles Limited

Automobile and Auto Components · Automobiles

NSE: TMPV BSE: 500570

₹288.65

Oct. 5, 2026 · NSE · nse_bhavcopy

Peers in Automobiles

The largest companies in the same industry by market cap. This company ranks #7 of 18. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Maruti Suzuki India Limited	362,569	25.8	13.7%	-27.9%	1.21%	68	28	43
Mahindra & Mahindra Limited	355,351	21.6	17.0%	-17.7%	1.15%	62	68	10
Bajaj Auto Limited	280,169	26.1	26.3%	14.0%	1.50%	87	42	28
Eicher Motors Limited	192,738	36.8	22.0%	2.1%	—	94	16	25
TVS Motor Company Limited	191,508	47.7	29.7%	14.8%	—	60	30	32
Hyundai Motor India Limited	162,508	33.4	27.1%	-19.4%	1.05%	80	2	30
Tata Motors Passenger Vehicles Limited (this stock)	106,298	1697.9	69.5%	-59.5%	1.04%	51	50	10
Hero MotoCorp Limited	101,837	18.2	26.5%	-8.8%	3.63%	88	63	31

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹107,254 Cr

EV / EBITDA

31.4x

EV / Sales

1.67x

Market cap / Sales

1.65x

Earnings yield

0.06%

Quarterly Financials

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Standalone Consolidated

↓ Negative

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 17,993 Cr, down 13.7% YoY.

↓ Negative

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 75 Cr, down 98.6% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	17,535	122	75	₹0.2000
March 31, 2026	18,598	630	455	₹1.2400
Dec. 31, 2025	15,268	-495	-233	₹-0.6300
Sept. 30, 2025	12,955	138	82,081	₹-0.6400
June 30, 2025	15,682	6,450	5,350	₹14.5300
March 31, 2025	19,999	1,635	1,382	₹3.7500
Dec. 31, 2024	17,040	1,529	1,404	₹3.8100
Sept. 30, 2024	15,518	1,153	477	₹1.3800
June 30, 2024	16,862	3,035	2,190	₹5.7000
March 31, 2024	20,260	1,546	2,126	₹5.5400
Dec. 31, 2023	18,669	4,866	4,570	₹11.9200
Sept. 30, 2023	18,542	1,417	1,270	₹3.3000
June 30, 2023	15,833	22	-64	₹-0.1700

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	17,993	18,880	15,466	13,287	20,841	20,206	17,346	15,812	18,851	20,384	18,815	19,122	16,132
Operating revenue	17,535	18,598	15,268	12,955	15,682	19,999	17,040	15,518	16,862	20,260	18,669	18,542	15,833
Other income	458	282	198	332	5,159	207	306	294	1,989	124	147	580	299
Operating expenses	17,090	17,539	14,579	12,448	13,730	17,547	15,031	13,873	14,957	17,843	16,693	16,598	14,554
Operating profit	445	1,059	689	507	1,952	2,452	2,009	1,645	1,905	2,417	1,975	1,944	1,278
Operating profit margin	2.5%	5.7%	4.5%	3.9%	12.4%	12.3%	11.8%	10.6%	11.3%	11.9%	10.6%	10.5%	8.1%
Depreciation	696	734	725	636	431	542	497	492	477	499	513	509	496
Interest	53	77	35	65	220	252	265	261	344	411	412	471	412
Exceptional items, gain / (loss)	-32	100	-622	—	-10	-230	-24	-33	-38	-87	3,669	-126	-648
Profit before tax	122	630	-495	138	6,450	1,635	1,529	1,153	3,035	1,546	4,866	1,417	22
Tax	47	175	-262	375	1,100	253	125	676	845	-581	296	148	86
Net profit	75	455	—	—	5,350	1,382	1,404	477	2,190	2,126	4,570	1,270	-64
EPS	0.20	1.24	-0.63	-0.64	14.53	3.75	3.81	1.38	5.70	5.54	11.92	3.30	-0.17
Net profit (TTM)	—	—	—	—	8,613	5,453	6,197	9,363	10,156	7,902	8,471	4,407	2,845
EPS (TTM)	0.17	14.50	17.01	21.45	23.47	14.64	16.43	24.54	26.46	20.59	22.08	11.47	7.41

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	57,859	4,996	87,569
March 31, 2025	69,419	7,352	5,452
March 31, 2024	73,303	7,851	7,902
March 31, 2023	65,757	1,255	2,728

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	-1.4%	5.9%	63,830^†	72,215^†	74,453^†	66,578^†	53,372^†	47,874^†	45,311^†	71,757^†	61,207^†	50,164^†
Operating revenue	-4.2%	4.2%	57,859	69,419	73,303	65,757	52,591^†	47,031^†	43,928^†	69,331^†	59,656^†	49,185^†
Other income	—	—	5,971^†	2,796^†	1,150^†	821^†	781^†	843^†	1,383^†	2,427^†	1,551^†	979^†
Operating expenses	—	—	58,296^†	61,408^†	65,688^†	61,226^†	50,988^†	45,539^†	44,579^†	64,263^†	56,436^†	46,481^†
Operating profit	—	—	-437^†	8,011^†	7,615^†	4,531^†	1,603^†	1,493^†	-651^†	5,068^†	3,220^†	2,704^†
Operating profit margin	—	—	-0.8%^†	11.5%^†	10.4%^†	6.9%^†	3.0%^†	3.2%^†	-1.5%^†	7.3%^†	5.4%^†	5.5%^†
Depreciation	—	—	2,526^†	2,008^†	2,017^†	1,767^†	2,302^†	3,682^†	3,375^†	3,099^†	3,050^†	2,969^†
Interest	—	—	397^†	1,122^†	1,706^†	2,048^†	2,179^†	2,359^†	1,973^†	1,794^†	1,759^†	1,581^†
Exceptional items, gain / (loss)	—	—	-532^†	-325^†	2,808^†	-283^†	83^†	1,392^†	-2,511^†	-203^†	-967^†	-426^†
Profit before tax	58.5%	—	4,996	7,352	7,851	1,255	-2,014^†	-2,313^†	-7,127^†	2,399^†	-1,006^†	-2,421^†
Tax	—	—	1,388^†	1,899^†	-51^†	-1,473^†	105^†	83^†	162^†	378^†	73^†	59^†
Net profit	217.8%	—	87,569	5,452	7,902	2,728	—	-2,395^†	-7,290^†	2,021^†	-1,079^†	-2,480^†
EPS	26.8%	—	14.50^†	14.64^†	20.59^†	7.11^†	-5.54^†	-6.86^†	-20.62^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	-0.8%^†	11.5%^†	10.4%^†	6.9%^†	3.0%^†	3.2%^†	-1.5%^†	7.3%^†	5.4%^†	5.5%^†
EBIT margin	9.3%^†	12.2%^†	13.0%^†	5.0%^†	0.3%^†	0.1%^†	-11.7%^†	6.0%^†	1.3%^†	-1.7%^†
PBT margin	8.6%	10.6%	10.7%	1.9%	-3.8%^†	-4.9%^†	-16.2%^†	3.5%^†	-1.7%^†	-4.9%^†
Net margin	151.3%	7.9%	10.8%	4.1%	—	-5.1%^†	-16.6%^†	2.9%^†	-1.8%^†	-5.0%^†
Interest coverage	13.58x^†	7.55x^†	5.60x^†	1.61x^†	0.08x^†	0.02x^†	-2.61x^†	2.34x^†	0.43x^†	-0.53x^†
Dividend payout	41.4%^†	20.5%^†	9.7%^†	0.0%^†	—	—	—	—	—	—
Earnings retention	58.6%^†	79.5%^†	90.3%^†	100.0%^†	—	—	—	—	—	—
Current ratio	0.77x	0.61x	—	—	—	—	—	—	—	—
Quick ratio	0.54x	0.48x	—	—	—	—	—	—	—	—
Debt to equity	0.09x	0.26x	—	—	—	—	—	—	—	—
Return on equity	350.8%	16.3%	—	—	—	—	—	—	—	—
Return on assets	202.1%	8.3%	—	—	—	—	—	—	—	—
Return on capital employed	18.5%^†	20.7%^†	—	—	—	—	—	—	—	—
Asset turnover	1.34x	1.06x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	2,991	2,125	-4,812	2,085	906
March 31, 2025	9,795	-3,819	-8,932	987	8,808
March 31, 2024	8,662	1,488	-7,930	1,005	7,656
March 31, 2023	4,775	923	-7,021	761	4,014
March 31, 2022	5,282	-3,149	-516	1,191	4,091

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	43,323	24,960	24,223	768	1,481	10,924	14,126	1,293	11,711	3,261
March 31, 2025	65,420	33,442	32,706	4,982	3,626	14,900	24,424	387	12,188	3,154
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.