Tata Motors Passenger Vehicles Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Excellent return on equity (ROE 75.7%)
- Trading below book value (P/B 0.9x)
- Near 52-week low — potential value zone (₹259)
Concerns
- Low capital efficiency (ROCE 2.7%)
- Premium to sector peers (P/E 97.8x vs industry 38.9x)
Today's Price Action
The stock closed at ₹263.6, unchanged from the previous session. Trading volume matched the 20‑day average at 75,72,164 shares, indicating a neutral participation level. No significant price movement was observed, keeping the stock in a tight range.
Valuation Snapshot
The trailing P/E stands at 97.8, markedly higher than the sector’s zero‑point reference, reflecting a premium valuation relative to earnings. A P/B of 0 combined with a robust ROE of 75.7% underscores strong profitability on a modest balance‑sheet base. Such a ROE places the firm among the top performers in the automotive arena.
Key Levels to Watch
The current price sits just above the lower 52‑week range of ₹259, leaving limited upside to the prior year‑high of ₹419. Open‑interest clusters historically form around the ₹280–₹300 band, which may act as provisional support or resistance zones. Resistance around ₹320 has previously triggered pullbacks, while ₹250 often acted as a floor in prior cycles.
Chart Pattern
On the daily chart, a bullish Dragonfly Doji and a Hammer formed three days ago, while an Evening Star appeared ten days ago. These three‑day candlesticks suggest a short‑term indecision turning into potential reversal dynamics, whereas the Evening Star signals a prior bearish climax.
Data Summary
The most striking figures are the elevated P/E of 97.8 and the exceptionally high ROE of 75.7%, together with a zero P/B. Volume aligns with the 20‑day average, and price remains near the lower end of the 52‑week range. The share count remains stable, with no major equity dilution reported in recent filings, and dividend yield remains nominal.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| M&M Mahindra & Mahindra Limited | ₹2,870 | ₹3.6L Cr | 18.6 | 3.83 | 20.3 | 15.1 | 1.53 |
| MARUTI Maruti Suzuki India Limited | ₹11,579 | ₹3.5L Cr | 24.6 | 3.4 | 14.3 | 18.9 | 0 |
| BAJAJ-AUTO Bajaj Auto Limited | ₹10,485 | ₹2.8L Cr | 23.5 | 7.55 | 29.2 | 28.2 | 0.58 |
| EICHERMOT Eicher Motors Limited | ₹7,300 | ₹1.9L Cr | 33.4 | 7.98 | 24 | 30.5 | 0.02 |
| TVSMOTOR TVS Motor Company Limited | ₹4,240 | ₹1.9L Cr | 54.7 | 21.09 | 33.6 | 17.4 | 3.89 |
| MOTHERSON Samvardhana Motherson International Limited | ₹160 | ₹1.6L Cr | 35.4 | 4.13 | 11.2 | 13.4 | 0.53 |
| HYUNDAI Hyundai Motor India Limited | ₹1,867 | ₹1.5L Cr | 30.4 | 7.59 | 29.9 | 38.4 | 0.05 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
TMPV · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 46.37% | 46.36% | 46.36% | 42.58% | 42.58% | 42.58% |
| FII | 18.62% | 19.20% | 18.18% | 20.54% | 18.66% | 17.84% |
| DII | 17.25% | 16.01% | 15.93% | 16.08% | 16.54% | 16.88% |
| Public | 17.60% | 18.31% | 19.39% | 20.49% | 21.91% | 22.39% |
| Govt | 0.14% | 0.14% | 0.14% | 0.29% | 0.31% | 0.31% |
Corporate Events
To consider and approve the financial results for the period ended September 30, 2026
To consider and approve the financial results for the period ended June 30, 2026
Dividend - Rs 3 Per Share
To consider and approve the financial results for the period ended March 31, 2026 and dividend
Demerger
Dividend - Rs 6 Per Share
Dividend - Rs 3 Per Share & Special Dividend - Rs 3 Per Share
Dividend - Rs 2 Per Share
Latest News
All newsTata Motors, Stellantis to form JV for EVs
*Tata Motors and Stellantis to form a joint venture for EVs.* The deal will focus on developing electric vehicles and scalable platforms. Stellantis will take a **7.5% stake** in Tata Motors' passenger vehicle business for **$540 million**. The partnership aims to accelerate EV innovation and global market reach. 📊 *STOCKS:* $TATAMOTORS | 🏢 *SECTOR:* Auto | #HIGHIMPACT #EV
Tata Motors Passenger Vehicles reports Q2 FY27 sales
*Tata Motors Passenger Vehicles reports Q2 FY27 sales*. The company formerly known as Tata Motors Limited announced total sales for the quarter ended September 2026. Key figures include **56,200 units** sold, a **12% increase** year-on-year, driven by strong demand for SUVs and EVs. Domestic performance remained robust with improved market share. 📊 *STOCKS:* $TATAMOTORS | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #Auto
JLR updates strategic transformation programme under Tata Motors
*JLR updates strategic transformation programme under Tata Motors.* The wholly owned subsidiary issued a press release on September 07, 2026, outlining progress on its strategic transformation. No financial figures were disclosed, but operational shifts are expected. This signals continued focus on long-term restructuring. 📊 *STOCKS:* $TATAMOTORS | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #JLR
Autoline secures business order from Tata Motors PV.
*Autoline secures business order from Tata Motors PV.* The company announced a press release confirming a new business order from Tata Motors Passenger Vehicles division. While **order value and volume not disclosed**, this win strengthens Autoline's position in the auto OEM space. Likely positive sentiment for the stock in short term. 📊 *STOCKS:* $AUTOLINE | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #OrderWin
Tata Motors PV reports August 2026 monthly sales
*Tata Motors PV reports August 2026 sales figures.* The company sold **56,342** passenger vehicles, up **12% YoY**. SUV demand remained strong with **41,200 units** sold, led by Nexon and Harrier. Commercial vehicle sales dipped slightly by **3%** to **15,142 units**. 📊 *STOCKS:* TATAMOTORS | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #Sales
Tata Comm, Tata Motors PV partner for 5G in Sierra.ev
*Tata Comm, Tata Motors PV partner for 5G in Sierra.ev* — Tata Communications and Tata Motors Passenger Vehicles have partnered to accelerate software-defined vehicle deployment in India. The Sierra.ev will feature in-built **5G cellular connectivity** powered by Tata Communications' network. The collaboration enhances connected car capabilities and strengthens Tata Group's ecosystem in EVs and telecom. 📊 *STOCKS:* $TATACOMM $TATAMOTORS | 🏢 *SECTOR:* Telecom | #MEDIUMIMPACT #5G
Tata Motors to raise car and SUV prices from Sept 1
*Tata Motors to raise car and SUV prices from Sept 1.* The hike applies to all passenger vehicles effective September 1, 2026. No specific percentage or range was disclosed in the press release. This move may improve margins amid rising input costs. 📊 *STOCKS:* $TATAMOTORS | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #PriceHike
Tata Motors Passenger Vehicles reports Q1FY27 sales
*Tata Motors Passenger Vehicles reports Q1FY27 sales* with total vehicle sales at **4.2 lakh units**, up **12% YoY** due to strong demand in SUV and EV segments. The growth was driven by continued momentum in the passenger vehicle division post rebranding. Commercial vehicle sales remained stable, contributing **15%** of total sales. 📊 *STOCKS:* TATAMOTORS | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #Sales
Tata Motors Passenger Vehicles shares up on investor presentation
*Tata Motors Passenger Vehicles shares rise after investor presentation.* The event highlighted strong growth in the passenger vehicle segment with **Q4 EBITDA margin at **12.5%** and record quarterly sales of **345,000 units**. Management emphasized JLR's contribution and EV roadmap. Outlook remains positive with new model launches planned. 📊 *STOCKS:* TATAMOTORS | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #TataMotors
Tata Motors Passenger Vehicles shares in focus after investor presentation
*Tata Motors Passenger Vehicles shares in focus after investor presentation.* The presentation highlights growth strategy and future product roadmap for the passenger vehicle segment. Key updates on EV plans and capacity expansion may influence investor sentiment. 📊 *STOCKS:* TATAMOTORS | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #TataMotors
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹70.1K Cr 3.1% | ₹72.3K Cr 17.5% | ₹87.7K Cr 10.9% | ₹98.4K Cr 4.1% | ₹94.5K Cr 12.9% | ₹83.7K Cr 21.9% | ₹1.1L Cr 10.0% | ₹1.2L Cr |
| Op. Profit | ₹879 Cr 162.6% | ₹-1.4K Cr 117.2% | ₹8.2K Cr 43.3% | ₹14.4K Cr 38.3% | ₹10.4K Cr 4.9% | ₹9.9K Cr 35.0% | ₹15.2K Cr 8.6% | ₹16.7K Cr |
| OPM | 1.2% 163.2% | -1.9% 121.1% | 9.0% 40.0% | 15.0% 36.4% | 11.0% 8.3% | 12.0% 14.3% | 14.0% 0.0% | 14.0% |
| Net Profit | ₹-3.5K Cr 104.6% | ₹76.2K Cr 1804.8% | ₹4.0K Cr 53.2% | ₹8.6K Cr 56.0% | ₹5.5K Cr 55.8% | ₹3.5K Cr 66.7% | ₹10.6K Cr 39.6% | ₹17.5K Cr |
| EPS (₹) | -9.47 104.6% | 206.85 1840.4% | 10.66 53.7% | 23.01 56.6% | 14.69 56.9% | 9.36 70.4% | 31.63 39.6% | 52.37 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹3.4L Cr 8.3% | ₹3.7L Cr 15.6% | ₹4.3L Cr 25.5% | ₹3.5L Cr 24.2% | ₹2.8L Cr 11.5% | ₹2.5L Cr 4.3% | ₹2.6L Cr 13.5% | ₹3.0L Cr 3.6% | ₹2.9L Cr 8.1% | ₹2.7L Cr |
| Expenses | ₹3.2L Cr 0.4% | ₹3.2L Cr 15.4% | ₹3.8L Cr 19.8% | ₹3.1L Cr 23.8% | ₹2.5L Cr 16.7% | ₹2.2L Cr 10.5% | ₹2.4L Cr 12.3% | ₹2.8L Cr 6.6% | ₹2.6L Cr 8.3% | ₹2.4L Cr |
| Op. Profit | ₹18.7K Cr 61.0% | ₹48.0K Cr 17.0% | ₹57.8K Cr 81.7% | ₹31.8K Cr 28.7% | ₹24.7K Cr 23.4% | ₹32.3K Cr 79.5% | ₹18.0K Cr 27.1% | ₹24.7K Cr 21.6% | ₹31.5K Cr 6.3% | ₹29.6K Cr |
| OPM | 6.0% 53.8% | 13.0% 0.0% | 13.0% 44.4% | 9.0% 0.0% | 9.0% 30.8% | 13.0% 85.7% | 7.0% 12.5% | 8.0% 27.3% | 11.0% 0.0% | 11.0% |
| Other Income | ₹86.3K Cr 506.9% | ₹14.2K Cr 195.8% | ₹4.8K Cr 27.9% | ₹6.7K Cr 174.9% | ₹2.4K Cr 121.8% | ₹-11.1K Cr 11000.0% | ₹102 Cr 100.4% | ₹-26.7K Cr 549.8% | ₹5.9K Cr 217.4% | ₹1.9K Cr |
| Interest | ₹2.8K Cr 27.5% | ₹3.9K Cr 48.6% | ₹7.6K Cr 25.7% | ₹10.2K Cr 9.8% | ₹9.3K Cr 15.0% | ₹8.1K Cr 11.8% | ₹7.2K Cr 25.8% | ₹5.8K Cr 23.0% | ₹4.7K Cr 10.5% | ₹4.2K Cr |
| Depreciation | ₹19.8K Cr 6.2% | ₹21.1K Cr 22.5% | ₹27.2K Cr 9.6% | ₹24.9K Cr 0.1% | ₹24.8K Cr 5.5% | ₹23.5K Cr 9.9% | ₹21.4K Cr 9.2% | ₹23.6K Cr 9.5% | ₹21.6K Cr 20.4% | ₹17.9K Cr |
| PBT | ₹82.4K Cr 121.4% | ₹37.2K Cr 33.9% | ₹27.8K Cr 718.6% | ₹3.4K Cr 148.5% | ₹-7.0K Cr 33.1% | ₹-10.5K Cr 1.0% | ₹-10.6K Cr 66.3% | ₹-31.4K Cr 381.2% | ₹11.2K Cr 19.8% | ₹9.3K Cr |
| Tax % | 0.0% 100.0% | 24.0% 271.4% | -14.0% 166.7% | 21.0% 65.0% | 60.0% 150.0% | 24.0% 500.0% | 4.0% 150.0% | -8.0% 120.5% | 39.0% 11.4% | 35.0% |
| Net Profit | ₹82.6K Cr 193.6% | ₹28.1K Cr 11.5% | ₹31.8K Cr 1082.4% | ₹2.7K Cr 123.8% | ₹-11.3K Cr 15.6% | ₹-13.4K Cr 11.9% | ₹-12.0K Cr 58.3% | ₹-28.7K Cr 416.0% | ₹9.1K Cr 20.3% | ₹7.6K Cr |
| EPS (₹) | 223.74 196.0% | 75.6 20.0% | 94.47 1199.4% | 7.27 121.1% | -34.45 15.0% | -40.51 3.7% | -39.08 60.9% | -99.84 420.7% | 31.13 20.6% | 25.82 |
| Div Payout | 1.0% 87.5% | 8.0% 14.3% | 7.0% 78.1% | 32.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹737 Cr 0.1% | ₹736 Cr 4.0% | ₹767 Cr 0.1% | ₹766 Cr 0.0% | ₹766 Cr 0.0% | ₹766 Cr 6.4% | ₹720 Cr 6.0% | ₹679 Cr 0.0% | ₹679 Cr 0.0% | ₹679 Cr |
| Reserves | ₹1.1L Cr 4.7% | ₹1.2L Cr 37.1% | ₹84.2K Cr 88.9% | ₹44.6K Cr 1.7% | ₹43.8K Cr 19.6% | ₹54.5K Cr 12.6% | ₹62.4K Cr 4.8% | ₹59.5K Cr 37.2% | ₹94.7K Cr 65.1% | ₹57.4K Cr |
| Borrowings | ₹67.3K Cr 6.0% | ₹71.5K Cr 33.3% | ₹1.1L Cr 20.0% | ₹1.3L Cr 8.4% | ₹1.5L Cr 3.0% | ₹1.4L Cr 13.9% | ₹1.2L Cr 17.5% | ₹1.1L Cr 19.4% | ₹89.0K Cr 13.2% | ₹78.6K Cr |
| Other Liabilities | ₹1.7L Cr 12.2% | ₹1.9L Cr 6.7% | ₹1.8L Cr 14.2% | ₹1.6L Cr 12.5% | ₹1.4L Cr 4.3% | ₹1.4L Cr 9.0% | ₹1.3L Cr 5.0% | ₹1.4L Cr 2.4% | ₹1.4L Cr 5.1% | ₹1.4L Cr |
| Total Liabilities | ₹3.4L Cr 8.7% | ₹3.8L Cr 2.0% | ₹3.7L Cr 10.4% | ₹3.3L Cr 1.7% | ₹3.3L Cr 3.7% | ₹3.4L Cr 6.7% | ₹3.2L Cr 4.7% | ₹3.1L Cr 6.6% | ₹3.3L Cr 20.0% | ₹2.7L Cr |
Assets | ||||||||||
| Fixed Assets | ₹1.6L Cr 42.6% | ₹1.2L Cr 4.6% | ₹1.2L Cr 8.2% | ₹1.3L Cr 4.9% | ₹1.4L Cr 0.1% | ₹1.4L Cr 9.1% | ₹1.3L Cr 14.3% | ₹1.1L Cr 8.4% | ₹1.2L Cr 26.5% | ₹95.9K Cr |
| CWIP | ₹21.7K Cr 67.0% | ₹65.8K Cr 84.3% | ₹35.7K Cr 150.1% | ₹14.3K Cr 39.2% | ₹10.3K Cr 51.1% | ₹21.0K Cr 41.1% | ₹35.6K Cr 11.7% | ₹31.9K Cr 20.4% | ₹40.0K Cr 18.8% | ₹33.7K Cr |
| Investments | ₹26.2K Cr 26.4% | ₹35.7K Cr 55.2% | ₹23.0K Cr 12.9% | ₹26.4K Cr 10.2% | ₹29.4K Cr 19.3% | ₹24.6K Cr 51.0% | ₹16.3K Cr 3.4% | ₹15.8K Cr 24.2% | ₹20.8K Cr 2.3% | ₹20.3K Cr |
| Other Assets | ₹1.3L Cr 17.9% | ₹1.6L Cr 15.7% | ₹1.9L Cr 17.1% | ₹1.6L Cr 7.5% | ₹1.5L Cr 4.3% | ₹1.6L Cr 11.4% | ₹1.4L Cr 3.9% | ₹1.5L Cr 1.3% | ₹1.4L Cr 18.2% | ₹1.2L Cr |
| Total Assets | ₹3.4L Cr 8.7% | ₹3.8L Cr 2.0% | ₹3.7L Cr 10.4% | ₹3.3L Cr 1.7% | ₹3.3L Cr 3.7% | ₹3.4L Cr 6.7% | ₹3.2L Cr 4.7% | ₹3.1L Cr 6.6% | ₹3.3L Cr 20.0% | ₹2.7L Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹63.1K Cr 7.1% | ₹67.9K Cr 91.9% | ₹35.4K Cr 147.8% | ₹14.3K Cr 50.7% | ₹29.0K Cr 8.9% | ₹26.6K Cr 41.0% | ₹18.9K Cr 20.8% | ₹23.9K Cr 21.0% | ₹30.2K Cr 20.3% | ₹37.9K Cr |
| Investing CF | ₹-50.0K Cr 119.4% | ₹-22.8K Cr 47.8% | ₹-15.4K Cr 246.9% | ₹-4.4K Cr 82.7% | ₹-25.7K Cr 22.5% | ₹-33.1K Cr 58.6% | ₹-20.9K Cr 16.9% | ₹-25.1K Cr 36.5% | ₹-39.6K Cr 7.8% | ₹-36.7K Cr |
| Financing CF | ₹-18.8K Cr 49.2% | ₹-37.0K Cr 41.0% | ₹-26.2K Cr 676.4% | ₹-3.4K Cr 134.1% | ₹9.9K Cr 192.2% | ₹3.4K Cr 61.6% | ₹8.8K Cr 338.9% | ₹2.0K Cr 67.6% | ₹6.2K Cr 263.5% | ₹-3.8K Cr |
| Net Cash Flow | ₹-5.7K Cr 169.7% | ₹8.1K Cr 229.6% | ₹-6.3K Cr 197.1% | ₹6.5K Cr 51.2% | ₹13.2K Cr 527.9% | ₹-3.1K Cr 145.2% | ₹6.8K Cr 837.4% | ₹730 Cr 123.1% | ₹-3.2K Cr 22.3% | ₹-2.6K Cr |
| Free Cash Flow | ₹26.0K Cr 29.1% | ₹36.7K Cr 123.4% | ₹16.4K Cr 2610.4% | ₹-655 Cr 107.2% | ₹9.1K Cr 415.6% | ₹-2.9K Cr 82.3% | ₹-16.3K Cr 46.1% | ₹-11.2K Cr 178.9% | ₹14.2K Cr 119.7% | ₹6.5K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 13d 7.1% | 14d 17.6% | 17d 6.3% | 16d 15.8% | 19d 18.8% | 16d 30.4% | 23d 8.0% | 25d 31.6% | 19d 5.6% | 18d |
| Inventory Days | 78d 21.9% | 64d 3.0% | 66d 7.0% | 71d 14.5% | 83d 1.2% | 82d 12.3% | 73d 12.0% | 83d 7.8% | 77d 5.5% | 73d |
| Days Payable | 160d 27.0% | 126d 1.6% | 128d 9.2% | 141d 19.4% | 175d 20.7% | 145d 9.0% | 133d 11.9% | 151d 9.4% | 138d 0.0% | 138d |
| Cash Conv. Cycle | -69d 43.8% | -48d 6.7% | -45d 15.1% | -53d 28.4% | -74d 54.2% | -48d 26.3% | -38d 11.6% | -43d 4.9% | -41d 10.9% | -46d |
| Working Capital Days | -75d 36.4% | -55d 12.7% | -63d 28.4% | -88d 21.4% | -112d 21.7% | -92d 17.9% | -78d 9.9% | -71d 2.9% | -69d 9.5% | -63d |
| ROCE | 16.0% 15.8% | 19.0% 216.7% | 6.0% 500.0% | 1.0% 83.3% | 6.0% | 0.0% 100.0% | 2.0% 77.8% | 9.0% 0.0% | 9.0% 40.0% | 15.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Tata Motors Passenger Vehicles Limited
Tata Motors Group is a global automobile manufacturer. Part of the multi-national conglomerate, the Tata group, it offers a wide and diverse portfolio of cars, sports utility vehicles, etc.
Automobile and Auto ComponentsAutomobiles