This is a numbers-first look at Tata Motors Passenger Vehicles Ltd (TMPV), covering income trends, margins, valuation, and shareholding.
Tata Motors Passenger Vehicles Revenue Trend
Revenue slipped 23.7% to ₹3,33,383 Cr in FY2026 — a step back from the ₹4,36,821 Cr Tata Motors Passenger Vehicles Ltd recorded in FY2025.
Looking at the 10-year picture, Tata Motors Passenger Vehicles Ltd's revenue CAGR of 1.9% is modest at best — from ₹2,75,561 Cr to ₹3,33,383 Cr.
Tata Motors Passenger Vehicles Ltd's ₹3,33,383 Cr revenue base puts it in the major bracket among automobiles - 4 wheelers companies in India.
| Year | Revenue | YoY % |
|---|---|---|
| FY2026 | ₹3,33,383 Cr | -23.7% |
| FY2025 | ₹4,36,821 Cr | -0.3% |
| FY2024 | ₹4,37,927 Cr | +26.6% |
| FY2023 | ₹3,45,966 Cr | +24.2% |
| FY2022 | ₹2,78,453 Cr | — |
View Tata Motors Passenger Vehicles Ltd's full 10-year revenue trend with CAGR analysis →
Tata Motors Passenger Vehicles Profitability
Tata Motors Passenger Vehicles Ltd's bottom line improved to ₹82,390 Cr in FY2026, a 196.0% increase over the prior year.
Cost discipline paid off, with net profit margin expanding to 24.7% from 6.4%.
Earnings per share (diluted) were ₹-0.61 in FY2026, down from ₹78.75.
Is Tata Motors Passenger Vehicles Undervalued
Tata Motors Passenger Vehicles Ltd shares are currently trading at ₹349.30.
Craytheon calculates intrinsic value using the P/E Ratio and EPS Growth models. Both appear in the Valuation Models cards below.
Valuation Models
Tata Motors Passenger Vehicles Shareholding Pattern
A stable promoter holding of 42.5% over 4 quarters suggests the management group is comfortable with its position.
Foreign institutional investors (FIIs) held 17.1% as of June 2026, down from 17.1% a year ago.
Domestic investors held 17.2% of the company as of June 2026, down year-over-year from 17.3%.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Jun 2026 | 42.5% | 17.1% | 17.2% | 23.1% |
| Mar 2026 | 42.6% | 17.3% | 17.0% | 23.1% |
| Dec 2025 | 42.6% | 17.9% | 15.3% | 24.2% |
| Sep 2025 | 42.6% | 17.1% | 17.3% | 23.0% |
Track quarterly shareholding changes for Tata Motors Passenger Vehicles Ltd →
Tata Motors Passenger Vehicles Balance Sheet
Proportional view as of 3 Aug 2026. Hover blocks for details.
Assets
Liabilities & Equity
FY2026 total assets: ₹3,819.22B (up 0.9% YoY from ₹3,786.42B).
Top categories: Other Assets (38.5%), Property, Plant & Equipment (24.0%), Inventories (13.1%).
Of the ₹3,819.22B in liabilities and equity, 31.1% is shareholder equity, 20.7% is interest-bearing debt, and 48.2% is operating liabilities. Over the year, debt is up 10.6% and equity is down 3.2%.
Balance sheet composition — FY 2026
| Category | Value |
|---|---|
| Cash & ST Investments | 414.65B |
| Receivables | 126.19B |
| Inventories | 501.26B |
| Property, Plant & Equipment | 916.67B |
| Investments | 77.28B |
| Intangibles & Goodwill | 313.27B |
| Other Assets | 1,469.90B |
| Category | Value |
|---|---|
| Equity | 1,188.42B |
| Short-term Debt | 270.88B |
| Long-term Debt | 520.21B |
| Trade Payables | 927.80B |
| Other Liabilities | 911.91B |
Tata Motors Passenger Vehicles Stock Analysis
Here's the bottom line on Tata Motors Passenger Vehicles Ltd (TMPV) based on the latest available financials.
Revenue of ₹3,33,383 Cr in FY2026, down 23.7% year-over-year.
Long-term revenue has been compounding at 1.9% annually over 10 years.
The company is profitable, with a net margin of 24.7% and net income of ₹82,390 Cr.
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Get the complete view of Tata Motors Passenger Vehicles Ltd on Craytheon — 10 years of financials, three valuation models, and institutional holding trends.