Tata Motors share price
NSE: TMCVBSE: 544569Agricultural, Commercial & Construction VehiclesLarge Cap
Tata Motors Limited · Face value ₹2 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 Nov 2025
Last close ₹396.35down ₹3.95 (0.99%)BSE ₹396.25
Share price at the NSE close on 30 Oct 2026. Previous close ₹400.30.
30 Oct: open ₹397.10, high ₹401.15, low ₹390.50
Range of traded prices from listing on 12 Nov 2025 to 30 Oct 2026
₹306.30Low, 14 Nov 2025₹509.00High, 27 Feb 2026
- 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
- ₹1,45,967 Cr54th 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
- 23.11
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: 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, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹1,269 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 19.25
- 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
- 9.55
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.01%
- 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.
- 49.4%
- ROE without one-offsReturn on equity without one-off items. Core profit, 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 less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹1,269 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 59.3%
- 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.
- 47.5%
- 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 Sep 2026.
- 0.19
- 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
- 85,45,86657.1% delivered
About Tata Motors
Tata Motors Limited designs, makes and sells commercial vehicles, including trucks, pickups and buses, with their spare parts and service, and also makes engines for industrial use.12 Its customers include fleet owners, transporters, government agencies, public transport bodies, small businesses, the farm sector and the mining and construction industry.3 It operates in India and South Korea and sells in Africa, the Middle East, Latin America, Southeast Asia and South Asia.2
Tata Motors groups its vehicles in 4 lines: heavy commercial vehicles; intermediate, light and medium commercial vehicles; small commercial vehicles and pickups; and passenger carriers.14 Beyond vehicles it sells spare parts, automotive fluids, aggregates (major vehicle assemblies) and fleet care services, and runs TATA OK, a platform for used commercial vehicles.56 Its plants are at Pimpri in Pune, Jamshedpur, Pantnagar, Dharwad and Lucknow.7 Its subsidiaries include Tata Daewoo Mobility in South Korea and PT Tata Motors Indonesia, and it holds 50% of Tata Cummins, which makes engines and their components.89
The company was incorporated on 23 Jun 2024 to house the commercial vehicle business of what is now Tata Motors Passenger Vehicles Limited, and that business was transferred to it with effect from 1 Oct 2025.10 Shareholders of that company received 1 share for each share they held, and the shares were listed on BSE and NSE from 12 Nov 2025.11
Tata Motors is part of the Tata Group; N Chandrasekaran is its chairman and Girish Wagh its managing director and CEO.21213
Tata Motors key points
Results
- In the quarter to Sep 2026, Tata Motors' consolidated (with subsidiaries) revenue from operations was ₹25,338 crore, up 36% on a year earlier; EBITDA as the company defines it, before other income and one-off items, rose 31%, a 10.9% margin against 11.3%.141516
- In the year to Mar 2026, Tata Motors' consolidated revenue was ₹83,855 crore, up 9.8% on the ₹76,359 crore it gives for the year to Mar 2025; its audited accounts compare with a shorter period from incorporation.1718
- In the year to Mar 2026, Tata Motors' underlying EBITDA (its own measure, excluding other income and one-off items) was ₹10,314 crore, a 12.3% margin, and consolidated profit after tax was ₹3,030 crore.192021
- Tata Motors' board recommended a final dividend of ₹4 a share for the year to Mar 2026, a cash outflow of ₹1,473 crore.22
Market position
- Tata Motors' share of commercial vehicle registrations on the government's VAHAN portal (Telangana excluded), half year to Sep 202623Tata Motors' overall share was 36.2%, up 110 basis points (hundredths of a percentage point) on the year to Mar 2026.
Item half year to Sep 2026 Heavy commercial vehicles 55.7% Passenger carriers 41.1% Intermediate, light and medium 36.3% Small commercial vehicles and pickups 27.6%
Sales volumes
- Tata Motors' vehicles sold to dealers, in thousands, quarter to Sep 2026, standalone (the company alone) with the Tata Cummins joint operation (an engine business run with a partner)2425The total was 135.1, up 42% on a year earlier.
Item quarter to Sep 2026 Small commercial vehicles and pickups 44.0, up 27% Heavy commercial vehicles 33.8, up 41% International business 21.1, up 177% Intermediate, light and medium 20.8, up 24% Passenger carriers 15.4, up 31% - Tata Motors sold 435,227 vehicles to dealers in the year to Mar 2026, on a consolidated basis.26
Revenue mix
- Tata Motors' sales of vehicles it makes, by type, year to Mar 202627
Item year to Mar 2026 Heavy commercial vehicles ₹37,199 crore Intermediate, light and medium ₹11,212 crore Passenger carriers ₹8,807 crore Small commercial vehicles and pickups ₹7,558 crore - Tata Motors' commercial vehicles segment had revenue of ₹82,611 crore in the year to Mar 2026; its other operations, mainly insurance broking, had ₹968 crore.28
- Tata Motors' non-cyclical segment (businesses less tied to the vehicle sales cycle, such as spares and services) grew 18.2% in the year to Mar 2026.29
Where revenue comes from
Electric vehicles and technology
- Tata Motors sold 7,412 electric vehicles in the year to Mar 2026; in the quarter to Sep 2026 its electric vehicle volumes grew 143%, and small electric commercial vehicle retail sales rose 2.9 times.3233
- Tata Motors had deployed over 3,800 electric buses by Mar 2026; by Sep 2026 they had run more than 64 crore km since inception, with uptime (time available for service) above 95%.3435
- Fleet Edge, Tata Motors' connected-vehicle platform that monitors vehicle health in real time, had more than a million vehicles installed as of its earnings call of 12 Aug 2026.3637
Orders
- On its earnings call of 12 Aug 2026, Tata Motors said it had around 4,500 government orders on hand for passenger carriers, and 850 orders for electric buses.38
- On 21 Jun 2026 Tata Motors said it had won over 3,400 orders for electric commercial vehicles: about 2,000 small commercial vehicles and pickups, 900 trucks and 500 buses.39
- On 13 Mar 2026 Tata Motors said it had won orders for more than 5,000 buses and bus chassis from state transport undertakings across India, for delivery in phases.40
- On 10 Feb 2026 Tata Motors' Indonesian subsidiary agreed to supply 70,000 vehicles, 35,000 each of the Yodha pickup and Ultra T.7 truck, to a state-owned Indonesian company; deliveries began in the quarter to Jun 2026.4142
Iveco acquisition
- On 30 Jul 2025 Tata Motors agreed to buy Iveco Group N.V., excluding its defence business, through an all-cash tender offer (an offer to buy shares from all shareholders) at €14.1 a share, about €3.8 billion at that price.43
- Iveco makes light, medium and heavy commercial vehicles in Europe, Latin America and elsewhere; it sold about 140,000 vehicles and had revenue of €13.4 billion in 2025.44
- On 9 Oct 2026 the Iveco offer price was raised from €14.10 to €14.40 a share; by 22 Oct 2026, 35% of Iveco's shares had been tendered.45
- In its presentation of 23 Oct 2026, Tata Motors said it expected to pay for tendered Iveco shares on 30 Oct 2026 and to consolidate Iveco from the quarter to Dec 2026.4546
Last updated
All 46 sources, each with its page
- 1. Annual report, 6 Jun 2026, page 215
- 2. Exchange filing, 13 Mar 2026, page 2
- 3. Annual report, 6 Jun 2026, page 148
- 4. Annual report, 6 Jun 2026, page 12
- 5. Annual report, 6 Jun 2026, page 14
- 6. Annual report, 6 Jun 2026, page 66
- 7. Annual report, 6 Jun 2026, page 487
- 8. Annual report, 6 Jun 2026, page 9
- 9. Annual report, 6 Jun 2026, page 472
- 10. Annual report, 6 Jun 2026, page 147
- 11. Annual report, 6 Jun 2026, page 121
- 12. Annual report, 6 Jun 2026, page 11
- 13. Annual report, 6 Jun 2026, page 15
- 14. Investor presentation, 23 Oct 2026, page 13
- 15. Investor presentation, 23 Oct 2026, page 22
- 16. Investor presentation, 23 Oct 2026, page 3
- 17. Annual report, 6 Jun 2026, page 12
- 18. Annual report, 6 Jun 2026, page 217
- 19. Annual report, 6 Jun 2026, page 217
- 20. Annual report, 6 Jun 2026, page 218
- 21. Annual report, 6 Jun 2026, page 11
- 22. Annual report, 6 Jun 2026, page 119
- 23. Investor presentation, 23 Oct 2026, page 15
- 24. Investor presentation, 23 Oct 2026, page 6
- 25. Investor presentation, 23 Oct 2026, page 6
- 26. Annual report, 6 Jun 2026, page 6
- 27. Annual report, 6 Jun 2026, page 219
- 28. Annual report, 6 Jun 2026, page 218
- 29. Annual report, 6 Jun 2026, page 12
- 30. Annual report, 6 Jun 2026, page 217
- 31. Annual report, 6 Jun 2026, page 148
- 32. Annual report, 6 Jun 2026, page 18
- 33. Investor presentation, 23 Oct 2026, page 17
- 34. Annual report, 6 Jun 2026, page 120
- 35. Investor presentation, 23 Oct 2026, page 17
- 36. Annual report, 6 Jun 2026, page 29
- 37. Earnings call, 12 Aug 2026, page 5
- 38. Earnings call, 12 Aug 2026, page 6
- 39. Exchange filing, 21 Jun 2026, page 2
- 40. Exchange filing, 13 Mar 2026, page 2
- 41. Exchange filing, 10 Feb 2026, page 2
- 42. Earnings call, 12 Aug 2026, page 2
- 43. Annual report, 6 Jun 2026, page 119
- 44. Annual report, 6 Jun 2026, page 12
- 45. Investor presentation, 23 Oct 2026, page 5
- 46. Investor presentation, 23 Oct 2026, page 18
Results
Consolidated; ₹ crore.Tata Motors quarterly results
Quarter to Sep 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.
- ₹25,338 Crup 22.60%
- 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
- ₹1,254 Crdown 50.94%
- 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
- 4.9%
Revenue by quarter
Peak revenue ₹26,098 Cr, quarter to Mar 2026; lowest ₹17,324 Cr, quarter to Jun 2025
Net profit by quarter, a loss in red
- Net profit
- Loss
A loss in 1 of the 6 quarters shown
| ₹ crore | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|
| Revenue | 17,324 | 18,585 | 21,847 | 26,098 | 20,667 | 25,338 |
| Net profit | 1,397 | −867 | 705 | 1,793 | 2,556 | 1,254 |
| Net margin | 8.1% | −4.7% | 3.2% | 6.9% | 12.4% | 4.9% |
Consolidated. The 6 quarters from Jun 2025, the first on record. 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
- Revenue
- ₹83,855 Cr
- Net profit
- ₹3,030 Cr
- Net margin
- 3.6%
| ₹ crore | Mar 2026 |
|---|---|
| Revenue | 83,855 |
| Net profit | 3,030 |
| Net margin | 3.6% |
Consolidated. Years to March. 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
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Commercial VehicleCommercial Vehicle, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹82,611 Cr98.8%
- OthersOthers, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹968 Cr1.2%
Valuation
Today, against the company's own history.Tata Motors PE ratio and valuation
Price to book
At or below today's level on 1% of 238 trading days since Nov 2025.
LowestHighest
Its median13.30Industry median3.72
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 99% of 240 trading days since Nov 2025.
LowestHighest
Its median0.00%Industry median0.74%
Mutual fund holdings
300 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 100 of the 138 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. 3 more funds filed their first portfolio on record, holding it.All 300 funds holding Tata Motors
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 15
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 74
- CutCut. Funds that held fewer shares than at the end of the month before.
- 64
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 143
- 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
- 13
| Fund | |||
|---|---|---|---|
 SBI Large Cap FundSBI Mutual Fund | 3,80,00,000 | 3.06% | ₹1,602.3 Cr |
| SBI Large & Midcap FundSBI Mutual Fund | 2,13,32,552 | 2.22% | ₹899.5 Cr |
 ICICI Prudential India Opportunities FundICICI Prudential Mutual Fund | 1,99,11,142 | 2.30% | ₹839.6 Cr |
| ICICI Prudential Value FundICICI Prudential Mutual Fund | 1,94,49,005 | 1.43% | ₹820.1 Cr |
 HDFC Large Cap FundHDFC Mutual Fund | 1,71,56,512 | 1.94% | ₹723.4 Cr |
| ICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund | 1,66,83,660 | 0.98% | ₹703.5 Cr |
| ICICI Prudential Multi Asset Allocation FundICICI Prudential Mutual Fund | 1,40,48,989 | 0.70% | ₹592.4 Cr |
| SBI Contra FundSBI Mutual Fund | 1,23,94,339 | 1.16% | ₹522.6 Cr |
| ICICI Prudential Large Cap FundICICI Prudential Mutual Fund | 1,16,15,020 | 0.64% | ₹489.7 Cr |
| SBI Balanced Advantage FundSBI Mutual Fund | 1,05,67,226 | 1.10% | ₹445.6 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 31 Oct 2025.Tata Motors 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 · 4 pledge filings of unclear kind
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 Motors competitors and peers
Agricultural, Commercial & Construction Vehicles, 16 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to Tata Motors in market cap.Capital goods stocks
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Ashok LeylandASHOKLEY | 85,065 | 24.47 | 5.97 | +16.5% | +8.3% | 26.3% | 11.9% | 2.42% |
 Escorts KubotaESCORTS | 28,824 | 20.84 | 2.33 | +18.0% | −41.4% | 12.2% | 10.2% | 1.98% |
 BEMLBEML | 16,563 | 92.95 | 5.65 | +12.8% | −40.4% | 6.1% | 8.1% | 0.86% |
 Action Construction EquipmentACE | 11,845 | 27.11 | 5.89 | +5.2% | +3.3% | 24.1% | 24.5% | 0.20% |
 SML MahindraSMLMAH | 6,837 | 46.49 | 12.21 | +22.4% | +3.9% | 29.3% | 35.0% | 0.50% |
 Ajax EngineeringAJAXENGG | 6,127 | 26.89 | 4.40 | – | – | 17.9% | 18.2% | 0.00% |
 V.S.T Tillers TractorsVSTTILLERS | 3,330 | 30.57 | 3.04 | +17.0% | −5.0% | 10.4% | 13.2% | 0.65% |
 TILTIL | 1,665 | – | – | +21.3% | – | −31.8% | 2.1% | 0.00% |
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. 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.
Dividends
Per share, by the year it was paid for, and the latest payments.Tata Motors 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 ₹4.00 a share, year to Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 12 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 | ₹4.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Tata Motors announcements
Oct 2026
23 Oct · Results
Tata Motors share price by year
Each calendar year to 2025.Tata Motors share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 415.50 | – | 426.10 | 317.60 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2025 is from its first session, 12 Nov 2025.
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 | 399.70 | 402.05 | 390.10 | 400.30 | 397.23 | 43,10,132 | 45.0% |
| 28 Oct 2026 | 399.55 | 408.25 | 396.45 | 399.70 | 400.42 | 56,83,299 | 45.1% |
| 27 Oct 2026 | 386.15 | 404.15 | 385.75 | 399.20 | 398.53 | 75,38,890 | 41.6% |
| 26 Oct 2026 | 391.85 | 401.50 | 379.25 | 384.05 | 389.99 | 78,23,318 | 43.7% |
| 23 Oct 2026 | 410.00 | 412.70 | 391.10 | 396.00 | 397.54 | 81,28,995 | 50.5% |
| 22 Oct 2026 | 412.20 | 416.40 | 408.95 | 414.25 | 412.99 | 46,73,290 | 51.4% |
| 21 Oct 2026 | 418.90 | 420.50 | 405.00 | 417.50 | 413.84 | 54,15,579 | 47.9% |
| 19 Oct 2026 | 418.00 | 421.20 | 415.00 | 418.75 | 418.48 | 21,92,941 | 45.5% |
| 16 Oct 2026 | 422.65 | 423.10 | 415.05 | 421.05 | 419.89 | 36,34,220 | 42.3% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- TMCV
- BSE code
- 544569
- ISIN
- INE1TAE01010
- Industry
- Agricultural, Commercial & Construction Vehicles
- Website
- cv.tatamotors.com
- CIN
- U29102MH2024PLC427506
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2024
- Registered office
- Bombay House 24, Homi Mody Street, Mumbai 400001, Maharashtra
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
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