Tata Investment Corporation share price
NSE: TATAINVESTBSE: 501301FinanceSmall Cap
Tata Investment Corporation Limited · Formerly INVESTMENT CORPORATION OF INDIA · Face value ₹1 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Mar 1959 on BSE, Jun 1998 on NSE
Last close ₹562.80down ₹10.90 (1.90%)BSE ₹562.15
Share price at the NSE close on 30 Oct 2026. Previous close ₹573.70.
30 Oct: open ₹573.00, high ₹573.00, low ₹557.60
52-week range of traded prices to 30 Oct 2026
₹538.85Low, 30 Mar 2026₹818.00High, 30 Oct 2025
- Next results date: the board meets on 2 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹28,475 Cr252nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 66.08
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 0.97
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.60%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 1.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 1.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 1,78,76140.7% delivered
About Tata Investment Corporation
Tata Investment Corporation Limited is a Mumbai-based investment company that holds long-term stakes in quoted and unquoted shares and other securities.1 It is a non-banking financial company (a finance company that is not a bank) whose principal business is buying securities; it accepts no public deposits and has no customer-facing business.21 Its stated aim is to invest for the long term and to share its profits with shareholders through dividends.3
It was incorporated in 1937.4 Tata Sons Private Limited, the promoter, held 68.51% of the shares at the end of March 2026, and Tata Sons together with other Tata companies held 73.38%.56 Noel Tata is chairman and Amit Dalal is managing director.7
The company holds 32.09% of Tata Asset Management Private Limited, investment manager to Tata Mutual Fund, 50% of Tata Trustee Company Private Limited, trustee to Tata Mutual Fund, and 24.61% of Amalgamated Plantations Private Limited, which grows and manufactures tea.8 Its wholly owned subsidiary, Simto Investment Company Limited, is also registered with the Reserve Bank of India as a non-banking financial company and invests in short-term market opportunities.9
Tata Investment Corporation key points
Results
- On a consolidated basis (the company with its subsidiary and associates), profit before tax was ₹47,408.19 lakh in the year to Mar 2026, against ₹36,847.38 lakh a year earlier.10
- On a standalone basis (the company alone), profit before tax was ₹38,319.51 lakh in the year to Mar 2026, against ₹33,068.14 lakh a year earlier.11
- The parent company's own profit was ₹35,015.75 lakh in the year to Mar 2026, 80.74% of consolidated profit as the company presents it; its total comprehensive income, which also counts changes in the fair value of its equity holdings, was a loss of ₹1,81,867.41 lakh.1213
- On a consolidated basis, dividends earned were ₹24,435.22 lakh in the year to Mar 2026, against ₹22,544.22 lakh a year earlier, and net interest earned was ₹3,357.03 lakh, against ₹4,195.83 lakh.14
Investment portfolio
- The total market value of quoted investments and estimated value of unquoted investments, before any tax that applies, was ₹32,085.34 crore at the end of March 2026, against ₹34,342.94 crore a year earlier, on a book value of ₹4,656.33 crore.15
- The portfolio covered 91 investee companies at the end of March 2026, against 81 a year earlier.16
- The company states that its value created (realisable value of investments plus net current and fixed assets, minus shareholder funds) grew at a compound annual rate of 15.07% from March 2011 to March 2026, against 10.16% for the BSE 200 index.17
- Over the 15 years to March 2026, the company paid ₹2,048.75 crore in dividends to its shareholders.17
Subsidiary and associates
- Tata Asset Management managed assets (money it invests for others) of ₹2,03,175 crore at the end of March 2026. In the year to Mar 2026 its consolidated turnover was ₹834.27 crore, against ₹748.62 crore, and its profit after tax ₹364.49 crore, against ₹319.72 crore.18
- The consolidated accounts include ₹117.11 crore as the group's share of the net profit after tax of 2 associates (companies in which it holds a large minority stake) in the year to Mar 2026; for its other associate, the share was nil.19
- Amalgamated Plantations' turnover was ₹819.94 crore in the year to Mar 2026, against ₹875.54 crore, and it made a loss of ₹102.11 crore, against a loss of ₹54.84 crore.20
- Simto Investment Company's total assets were ₹571.09 crore at the end of March 2026; in the year to Mar 2026 its total revenue was ₹58.18 crore and its net profit after tax ₹13.77 crore.2122
Recent events
- On 21 Apr 2026, the board recommended a dividend of ₹3.40 per share for the year to Mar 2026, ₹17,202.40 lakh in all. Shareholders were to vote on it at the meeting of 1 Jul 2026; the company's documents give no outcome.2324
- The equity shares were split from face value (the nominal value printed on each share) ₹10 each to face value ₹1 each, effective 14 Oct 2025, giving 50,59,52,960 shares.24
Last updated
All 24 sources, each with its page
- 1. Annual report, 4 Jun 2026, page 46
- 2. Annual report, 4 Jun 2026, page 26
- 3. Annual report, 4 Jun 2026, page 213
- 4. Annual report, 4 Jun 2026, page 3
- 5. Annual report, 4 Jun 2026, page 153
- 6. Annual report, 4 Jun 2026, page 112
- 7. Annual report, 4 Jun 2026, page 3
- 8. Annual report, 4 Jun 2026, page 27
- 9. Annual report, 4 Jun 2026, page 27
- 10. Annual report, 4 Jun 2026, page 196
- 11. Annual report, 4 Jun 2026, page 130
- 12. Annual report, 4 Jun 2026, page 235
- 13. Annual report, 4 Jun 2026, page 133
- 14. Annual report, 4 Jun 2026, page 196
- 15. Annual report, 4 Jun 2026, page 22
- 16. Annual report, 4 Jun 2026, page 22
- 17. Annual report, 4 Jun 2026, page 22
- 18. Annual report, 4 Jun 2026, page 27
- 19. Annual report, 4 Jun 2026, page 188
- 20. Annual report, 4 Jun 2026, page 27
- 21. Annual report, 4 Jun 2026, page 188
- 22. Annual report, 4 Jun 2026, page 27
- 23. Exchange filing, 8 May 2026, page 1
- 24. Annual report, 4 Jun 2026, page 158
Results
Consolidated; ₹ crore.Tata Investment Corporation quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +31.0%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +31.6%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹152 Crup 279.34%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹144 Crup 124.83%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 94.6%
Revenue by quarter
Peak revenue ₹154 Cr, quarter to Sep 2025; lowest ₹3.71 Cr, quarter to Dec 2024
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 142 | 4 | 16 | 145 | 154 | 58 | 40 | 152 |
| Net profit | 124 | 20 | 38 | 146 | 148 | 75 | 64 | 144 |
| Net margin | 86.8% | 528.6% | 229.6% | 100.6% | 96.2% | 130.2% | 159.7% | 94.6% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹397 Crup 30.24%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹434 Crup 38.96%
- Net margin
- 109.1%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2020, the company's revenue for that year, ₹144 Cr, differs from its quarters added, ₹153 Cr.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 270 | 311 | 177 | 144 | 163 | 254 | 277 | 383 | 305 | 397 |
| Net profit | 200 | 246 | 134 | 90 | 155 | 214 | 252 | 385 | 312 | 434 |
| Net margin | 74.3% | 79.1% | 75.6% | 62.6% | 94.8% | 84.5% | 90.8% | 100.5% | 102.3% | 109.1% |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
In the year to Mar 2026 the company reports one business segment, Investment Activity, which carries all its revenue.
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2020: days before it are of the company before the change.Tata Investment Corporation PE ratio and valuation
Price to earnings
At or below today's level on 72% of 2,467 trading days over the last 10 years.
LowestHighest
Its median40.48Industry median20.78
Price to book
At or below today's level on 71% of 1,913 trading days since Nov 2018.
LowestHighest
Its median0.59Industry median0.62
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 28% of 2,469 trading days over the last 10 years.
LowestHighest
Its median1.95%Industry median0.69%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −13.7% | +38.9% | −38.4% | 0.6% |
| 3 years | +46.3% | +19.9% | +21.7% | 0.5% |
| 5 years | +40.9% | +23.0% | +13.2% | 1.7% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.
Mutual fund holdings
60 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 57 of the 59 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 60 funds holding Tata Investment Corporation
- AddedAdded. Funds that held more shares than at the end of the month before.
- 28
- CutCut. Funds that held fewer shares than at the end of the month before.
- 31
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 3
| Fund | |||
|---|---|---|---|
 Motilal Oswal Nifty Midcap 150 Index FundMotilal Oswal Mutual Fund | 1,28,537 | 0.20% | ₹7.97 Cr |
 Nippon India ETF Nifty Midcap 150Nippon India Mutual Fund | 1,23,433 | 0.20% | ₹7.65 Cr |
| Nippon India Nifty Midcap 150 Index FundNippon India Mutual Fund | 86,457 | 0.20% | ₹5.36 Cr |
 Mirae Asset Nifty Midcap 150 ETFMirae Asset Mutual Fund | 58,453 | 0.20% | ₹3.62 Cr |
 ICICI Prudential Nifty Midcap 150 Index FundICICI Prudential Mutual Fund | 40,305 | 0.20% | ₹2.50 Cr |
 SBI Nifty Midcap 150 Index FundSBI Mutual Fund | 39,895 | 0.20% | ₹2.47 Cr |
 Zerodha Nifty LargeMidcap 250 Index FundZerodha Mutual Fund | 25,213 | 0.10% | ₹1.56 Cr |
| ICICI Prudential Nifty Midcap 150 ETFICICI Prudential Mutual Fund | 23,579 | 0.20% | ₹1.46 Cr |
 HDFC Nifty Midcap 150 Index FundHDFC Mutual Fund | 22,498 | 0.20% | ₹1.40 Cr |
| Motilal Oswal Nifty 500 Index FundMotilal Oswal Mutual Fund | 20,993 | 0.04% | ₹1.30 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 2 Nov 2025.Tata Investment Corporation insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade · 4 pledge filings of unclear kind
- Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Tata Investment Corporation competitors and peers
Investment Company, 73 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to Tata Investment Corporation in market cap. 2 companies in the table last traded before then: their rows are priced on their last trade.Finance companies
Where the company sits among the companies nearest its size
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
 Jio Financial ServicesJIOFIN | 1,35,034 | 78.88 | 1.04 | +122.7% | +5.0% | 1.3% | 2.1% | – | – | 0.29% |
 Aditya Birla CapitalABCAPITAL | 1,01,148 | 22.30 | 2.37 | +23.7% | +39.0% | 12.1% | – | 1.26% | 3.60% | 0.00% |
 L&T FinanceLTF | 61,255 | 17.90 | 2.09 | +20.1% | +26.8% | 12.3% | – | 2.27% | 8.46% | 1.13% |
 Cholamandalam Financial HoldingsCHOLAHLDNG | 25,374 | 9.51 | 1.64 | +17.8% | +21.1% | 19.1% | – | 2.23% | 6.78% | 0.10% |
 TVS HoldingsTVSHLTD | 24,671 | 11.41 | 3.68 | +34.8% | +49.4% | 35.4% | 15.5% | – | – | 0.71% |
 Maharashtra ScootersMAHSCOOTER | 13,274 | 43.56 | 0.41 | +0.8% | −14.7% | 0.9% | 1.0% | – | – | 1.89% |
 JSW HoldingsJSWHL | 12,100 | 60.17 | 0.34 | +54.9% | +61.4% | 0.6% | – | 0.40% | 0.33% | 0.00% |
 TSF INVESTMENTSTSFINV | 8,829 | 18.13 | 1.46 | +282.6% | +6.1% | 8.4% | 3.3% | – | – | 2.81% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record; for ROCE and EV/EBITDA, where the company is a lender or an insurer; for NIM and ROA, where the company does not file a lender's accounts or has no recent year with a balance sheet at its start and its end. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page. ROA is the year's profit over average total assets. NIM is net interest income over average loans and investments.
Dividends
Per share, by the year it was paid for, and the latest payments.Tata Investment Corporation dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹5.50 a share, year to Mar 2022.
| Ex-date | Type | Per share |
|---|---|---|
| 10 Jun 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹3.40 |
| 10 Jun 2025 | Final | ₹27.00 |
| 18 Jun 2024 | Final | ₹28.00 |
| 12 Jun 2023 | Final | ₹48.00 |
| 2 Jun 2022 | Final | ₹55.00 |
| 16 Jun 2021 | Final | ₹24.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Tata Investment Corporation announcements
Oct 2026
21 Oct · Board meeting
Sep 2026
10 Sep · Legal
The exchange asked on 10 Sep 2026
Aug 2026
7 Aug · Legal
The exchange asked on 7 Aug 2026
4 Aug · Results
Jul 2026
24 Jul · Board meeting
Tata Investment Corporation share price by year
Each calendar year to 2025.Tata Investment Corporation share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 697.55 | +1.8% | 1,058.00 | 522.03 |
| 2024 | 684.92 | +60.0% | 975.69 | 421.15 |
| 2023 | 428.21 | +102.9% | 450.18 | 174.47 |
| 2022 | 211.04 | +55.7% | 276.71 | 123.05 |
| 2021 | 135.56 | +35.5% | 166.88 | 98.18 |
| 2020 | 100.03 | +23.8% | 104.98 | 60.13 |
| 2019 | 80.80 | −9.4% | 90.22 | 74.99 |
| 2018 | 89.16 | +0.2% | 92.55 | 65.99 |
| 2017 | 88.96 | +58.8% | 93.65 | 57.35 |
| 2016 | 56.01 | +3.5% | 65.93 | 46.13 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 29 Oct 2026 | 561.55 | 575.45 | 559.55 | 573.70 | 568.20 | 1,62,796 | 44.4% |
| 28 Oct 2026 | 551.95 | 563.60 | 551.00 | 561.55 | 557.67 | 1,63,775 | 40.4% |
| 27 Oct 2026 | 553.35 | 565.85 | 548.55 | 556.70 | 555.89 | 3,31,077 | 49.6% |
| 26 Oct 2026 | 548.50 | 562.45 | 543.30 | 553.35 | 554.41 | 3,09,976 | 29.2% |
| 23 Oct 2026 | 564.65 | 569.00 | 541.05 | 548.50 | 547.50 | 4,39,556 | 39.1% |
| 22 Oct 2026 | 582.80 | 583.10 | 562.95 | 564.65 | 569.01 | 4,27,283 | 44.3% |
| 21 Oct 2026 | 606.40 | 607.90 | 583.55 | 586.85 | 592.67 | 2,26,458 | 47.4% |
| 19 Oct 2026 | 611.85 | 618.20 | 601.05 | 604.50 | 608.64 | 2,00,455 | 31.2% |
| 16 Oct 2026 | 610.00 | 619.20 | 606.15 | 613.55 | 611.83 | 2,07,595 | 28.0% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 14 Oct 2025 | Split | 0.1000 | Each share became 10. |
| 10 Sep 2008 | Rights issue | – | Shareholders were offered new shares. Noted, not adjusted for. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.
Company details
- NSE symbol
- TATAINVEST
- BSE code
- 501301
- ISIN
- INE672A01026
- Industry
- Finance
- Former symbols
- INVESTCORP
- Website
- www.tatainvestment.com
- CIN
- L67200MH1937PLC002622
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1937
- Registered office
- Elphinstone Building, 10, Veer Nariman Road, Mumbai 400001, Maharashtra
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
In Nifty 500, BSE 500, Nifty Midcap 150, BSE 250 SmallCap Index, BSE SmallCap, Nifty Total Market