Tata Motors Passenger Vehicles logo

Tata Motors Passenger Vehicles share price

NSE: TMPVBSE: 500570AutomobilesLarge Cap

Tata Motors Passenger Vehicles Limited · Formerly Tata Motors · Face value ₹2 · Listed Aug 1955 on BSE, Jul 1998 on NSE
Last close ₹261.20down ₹2.50 (0.95%)BSE ₹261.40

Share price at the NSE close on 27 Oct 2026. Previous close ₹263.70.

27 Oct: open ₹263.50, high ₹264.80, low ₹260.70

52-week range of traded prices to 27 Oct 2026
₹259.35Low, 23 Oct 2026₹419.00High, 30 Oct 2025
Market cap
₹96,200 Cr79th largest listed
P/E
Demergerin the last 12 months
P/B
0.86
Dividend yield
1.15%
ROE
Demergernew accounts awaited
ROCE
Demergernew accounts awaited
Debt to equity
0.59
Volume, NSE
85,51,85650.5% delivered

Tata Motors Passenger Vehicles share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses, with the demerger of Oct 2025 reinvested. Reinvested means the value of the shares of the company that was split off is treated as put back into this share at its opening price on the ex-date.

−36.3%over a year · Nifty Auto −7.1% · Nifty 500 −8.8%

Results20-session average 96,96,883 shares a day, 48.0% delivered

About Tata Motors Passenger Vehicles

Tata Motors Passenger Vehicles Limited makes and sells passenger vehicles in India under the Tata brand, from hatchbacks and sedans to sport utility vehicles (SUVs), in petrol, diesel, compressed natural gas (CNG) and electric versions.123 Through its wholly owned subsidiary Jaguar Land Rover (JLR), it makes luxury vehicles sold around the world under the Range Rover, Defender, Discovery and Jaguar brands.456

It reports its automotive results in 2 segments, Tata Passenger Vehicles and Jaguar Land Rover; its other operations are mainly information technology services.7 Its electric car business is run by a wholly owned subsidiary, Tata Passenger Electric Mobility Ltd.8 The group has a presence in more than 100 countries, with 13 manufacturing sites and 6 research and development sites.9

It was incorporated in 1945.10 Its commercial vehicles business was demerged into a separate company, now named Tata Motors Limited, with effect from 1 Oct 2025, and shareholders received 1 share of that company for each share they held.1112 Tata Sons Private Limited is the company's promoter, and as of March 2026 the company had an effective holding of 53.35% in Tata Technologies Limited, which runs its information technology services business.131415

Tata Motors Passenger Vehicles key points

Results

  • In the quarter to Jun 2026, consolidated revenue rose 9.3% to ₹95,800 crore and profit before tax and one-off items fell to ₹1,600 crore; the EBITDA (earnings before interest, tax, depreciation and amortisation) margin fell to 7.4%.1617
  • In the year to Mar 2026, consolidated revenue fell 8.3% to ₹335,582 crore from ₹366,094 crore, and profit before tax and one-off items was ₹2,519 crore.1819
  • In the year to Mar 2026, its consolidated net result from continuing operations, excluding the share of minority shareholders in its subsidiaries, was a loss of ₹1,632 crore, against a profit of ₹19,075 crore a year earlier.20
  • Consolidated net debt (borrowings less cash) was ₹42,000 crore at the end of June 2026, against ₹30,710 crore at the end of March 2026; the India business held more cash than debt, while JLR's net debt was £3.6 billion.2122

Market position

  • In the quarter to Jun 2026, the company ranked second among India's passenger vehicle makers, with a 14.3% share of the market, up 200 basis points (hundredths of a percentage point) from a year earlier.2324
  • In the quarter to Jun 2026, the company sold over 34,000 electric vehicles, its highest quarterly volume to date, with about 40% of the electric vehicle market, and in July it sold over 15,000 and its share rose to 43%.2526

Business segments

  • Share of automotive revenue, before eliminations between segments27
    Itemyear to Mar 2026year to Mar 2025
    Jaguar Land Rover82.4%86.8%
    Tata Passenger Vehicles17.6%13.2%
  • Jaguar Land Rover. Under IFRS (international accounting standards), JLR's revenue was £22.9 billion in the year to Mar 2026, against £29.0 billion; profit before tax and one-off items was £14 million, against £2.5 billion, and the loss after tax £244 million.28
  • Under IFRS, JLR's revenue in the quarter to Jun 2026 was £6.0 billion, down 9.6%, and its profit before tax and one-off items £109 million, against £351 million a year earlier.2930
  • Tata Passenger Vehicles. Revenue was ₹58,465 crore in the year to Mar 2026, up 20.7% from ₹48,451 crore. In the quarter to Jun 2026, revenue rose 64.8% from a year earlier and the EBITDA margin was 4.3%.3132

Vehicle sales

  • Tata Passenger Vehicles sold a record 641,586 vehicles in the year to Mar 2026, up 15%, including 92,179 electric vehicles and 10,201 sold outside India.33
  • JLR's wholesales (shipments to retailers), excluding its China joint venture, fell 23.2% to 307,915 in the year to Mar 2026, after production stoppages in September and October 2025 following a cyber incident, the run-out of older Jaguar models, US tariffs and China's luxury tax.34
  • In the quarter to Jun 2026, Tata Passenger Vehicles' wholesales rose 46% to about 182,000 vehicles, while JLR's fell 9.2%.3536
  • Range Rover, Range Rover Sport and Defender made up 81% of JLR's sales in the quarter to Jun 2026.37

Plants and capacity

  • Its India plants include Chikhali and Sanand, where its electric vehicle subsidiary also runs a plant, and it holds 50% of Fiat India Automobiles, a joint operation with Stellantis that reserves production capacity for it at Ranjangaon, Maharashtra.383940
  • The company stated in its annual report for the year to Mar 2026 that its Panapakkam plant in Tamil Nadu, which assembles the Range Rover Evoque, is to reach 250,000 vehicles a year in 5 to 7 years, with about ₹9,000 crore to be invested.4142
  • As of its annual report of 15 Jun 2026, JLR's Range Rover Electric line at Solihull and its electric SUV lines at Halewood were substantially complete, and its Wolverhampton centre was making its first electric drive units and batteries.43

What the company expects

  • On its earnings call of 13 Aug 2026, the company said JLR has set a goal of 10% revenue growth a year, focusing on the US market, and intends to save $1.7 billion in costs.44
  • The company said on 13 Aug 2026 that it aims to bring JLR's breakeven volume (the yearly sales needed to cover its costs) towards 300,000 vehicles within 2 years.4546
  • On its earnings call of 13 Aug 2026, the company said JLR's first launch, the Range Rover Electric, was due to start in September, and that JLR tentatively expected about 12,000 electric vehicles in the year to Mar 2027; the documents give no outcome.46
  • The company stated in its annual report for the year to Mar 2026 that it aspires to an 18 to 20% share of India's passenger and electric vehicle market and double-digit EBITDA margins in that business.47

Recent events

  • On 13 Aug 2026, JLR drew the last £500 million of a £2 billion syndicated loan (a loan from a group of banks), to repay early a €298 million bond due in November 2026.48

Last updated

All 48 sources, each with its page
  1. 1. Annual report, 15 Jun 2026, page 265
  2. 2. Annual report, 15 Jun 2026, page 32
  3. 3. Investor presentation, 13 Aug 2026, page 20
  4. 4. Annual report, 15 Jun 2026, page 142
  5. 5. Annual report, 15 Jun 2026, page 49
  6. 6. Annual report, 15 Jun 2026, page 11
  7. 7. Annual report, 15 Jun 2026, page 269
  8. 8. Annual report, 15 Jun 2026, page 561
  9. 9. Annual report, 15 Jun 2026, page 10
  10. 10. Annual report, 15 Jun 2026, page 582
  11. 11. Annual report, 15 Jun 2026, page 265
  12. 12. Exchange filing, 12 Nov 2025, page 2
  13. 13. Annual report, 15 Jun 2026, page 564
  14. 14. Annual report, 15 Jun 2026, page 159
  15. 15. Investor presentation, 13 Aug 2026, page 31
  16. 16. Earnings call, 13 Aug 2026, page 2
  17. 17. Investor presentation, 13 Aug 2026, page 5
  18. 18. Annual report, 15 Jun 2026, page 269
  19. 19. Annual report, 15 Jun 2026, page 13
  20. 20. Annual report, 15 Jun 2026, page 273
  21. 21. Earnings call, 13 Aug 2026, page 2
  22. 22. Annual report, 15 Jun 2026, page 158
  23. 23. Earnings call, 13 Aug 2026, page 6
  24. 24. Investor presentation, 13 Aug 2026, page 26
  25. 25. Investor presentation, 13 Aug 2026, page 26
  26. 26. Earnings call, 13 Aug 2026, page 6
  27. 27. Annual report, 15 Jun 2026, page 269
  28. 28. Annual report, 15 Jun 2026, page 156
  29. 29. Investor presentation, 13 Aug 2026, page 9
  30. 30. Investor presentation, 13 Aug 2026, page 8
  31. 31. Annual report, 15 Jun 2026, page 269
  32. 32. Investor presentation, 13 Aug 2026, page 22
  33. 33. Annual report, 15 Jun 2026, page 156
  34. 34. Annual report, 15 Jun 2026, page 267
  35. 35. Earnings call, 13 Aug 2026, page 6
  36. 36. Investor presentation, 13 Aug 2026, page 9
  37. 37. Earnings call, 13 Aug 2026, page 3
  38. 38. Annual report, 15 Jun 2026, page 165
  39. 39. Annual report, 15 Jun 2026, page 561
  40. 40. Annual report, 15 Jun 2026, page 562
  41. 41. Annual report, 15 Jun 2026, page 56
  42. 42. Annual report, 15 Jun 2026, page 32
  43. 43. Annual report, 15 Jun 2026, page 49
  44. 44. Earnings call, 13 Aug 2026, page 4
  45. 45. Investor presentation, 13 Aug 2026, page 16
  46. 46. Earnings call, 13 Aug 2026, page 14
  47. 47. Annual report, 15 Jun 2026, page 67
  48. 48. Investor presentation, 13 Aug 2026, page 36
Revenue growth, 12 months
−18.6%
Net profit growth, 12 months
–

Quarter to Jun 2026, against the quarter before

Revenue
₹95,799 Crdown 9.15%
Net profit
₹859 Crdown 85.39%
Net margin
0.9%

Revenue by quarter

₹1,01,450 CrSep 24₹1,13,575 CrDec 24₹1,19,503 CrMar 25₹87,677 CrJun 25₹72,349 CrSep 25₹70,108 CrDec 25₹1,05,447 CrMar 26₹95,799 CrJun 26

Net profit by quarter, a loss in red

  • Net profit
  • Loss
₹3,450 CrSep 24₹5,578 CrDec 24₹8,556 CrMar 25₹4,003 CrJun 25₹76,248 CrSep 25−₹3,483 CrDec 25₹5,878 CrMar 26₹859 CrJun 26
A loss in 1 of the 8 quarters shown

The quarters either side of a change of basis do not compare. From the quarter to Jun 2025, the company reports the part of the business demerged on 14 Oct 2025 as discontinued, and figures before the change include it.

₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue1,01,4501,13,5751,19,50387,67772,34970,1081,05,44795,799
Net profit3,4505,5788,5564,00376,248−3,4835,878859
Net margin3.4%4.9%7.2%––−5.0%5.6%0.9%
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. Net margin is left blank for Jun 2025 and Sep 2025: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.

Business segments

Share of revenue, year to Mar 2026, consolidated. The demerger of 14 Oct 2025 fell inside the year to Mar 2026. That year's accounts report a discontinued business, which these segments may include.Segment revenue and profit

  • - Jaguar and Land Rover₹2,73,303 Crdown 13.02%81.0%
  • Passenger Vehicle₹58,465 Crup 20.68%17.3%
  • Others₹5,513 Crdown 8.41%1.6%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Not shown, P/E: demerger within the last twelve months. Its history crosses a change of basis in the accounts in the year to Mar 2025: days before it are of the company before the change.Tata Motors Passenger Vehicles PE ratio and valuation

Price to book

At or below today's level on 0.1% of 1,047 trading days over the last 5 years.

LowestHighest
Its median3.51Industry median3.53
Dividend yield

At or below today's level on 99% of 2,467 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.77%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearWith the demerger reinvestedEarnings growthChange in P/EDividend yield
1 year−55.1%−26.4%+195.9%−85.2%1.0%
3 years−10.2%+6.0%+228.6%−72.9%0.8%
5 years+0.2%+10.7%––0.6%
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. Return a year is the share as it traded across the demerger; the next column is the same return with the demerger reinvested, empty for a window with no demerger in it. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 1 and 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2023, Mar 2025 and Mar 2026.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Tata Motors Passenger Vehicles shareholding pattern

Shareholding by group

  • Promoters42.50%
  • Foreign institutions15.32%
  • Indian institutions17.92%
  • Governments0.06%
  • Individuals and others24.20%
Holder
Tata Sons Private LimitedPromoter40.14%
Life Insurance Corporation of IndiaInsurance companies5.99%
Tata Industries LimitedPromoter1.96%
Rekha JhunjhunwalaResident individuals, over ₹2 lakh at face value1.32%
Tata Investment Corporation LimitedPromoter0.30%
Ewart Investments LimitedPromoter0.09%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters −0.01 pts, foreign institutions −1.79 pts, Indian institutions +0.69 pts, mutual funds −0.27 pts.

Mutual fund holdings

263 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 168 of the 187 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 263 funds holding Tata Motors Passenger Vehicles

Bought again
2
Added
118
Cut
69
Held unchanged
73
Sold out
19
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 28 Oct 2025.Tata Motors Passenger Vehicles insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Promoters and promoter group: no market trade · 9 pledge filings of unclear kind
  • Others: no market trade · 8 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 Passenger Vehicles competitors and peers

Automobiles, 27 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Tata Motors Passenger Vehicles in market cap.Automobile companies

Tata Motors Passenger Vehicles is not on the chart: it has no P/E or return on equity today

Return on equity across, P/E up, size is market cap
Company
Eicher Motors logoEicher MotorsEICHERMOT1,96,69534.077.84+28.1%+19.3%24.9%20.7%1.14%
TVS Motor Company logoTVS Motor CompanyTVSMOTOR1,94,16856.6520.30+30.2%+43.7%37.9%18.0%0.29%
Hyundai Motor India logoHyundai Motor IndiaHYUNDAI1,51,23830.557.56+3.6%−10.3%27.3%27.1%1.13%
Hero MotoCorp logoHero MotoCorpHEROMOTOCO1,04,44419.174.83+25.6%+8.2%26.7%29.2%3.55%
Ather Energy logoAther EnergyATHERENERG66,391–15.49––−6.7%−6.5%0.00%
Force Motors logoForce MotorsFORCEMOT22,89418.295.46+8.4%+45.3%34.6%28.3%0.29%
Ola Electric Mobility logoOla Electric MobilityOLAELEC17,395––−49.2%–−41.0%−26.9%0.00%
Olectra Greentech logoOlectra GreentechOLECTRA8,03645.226.55+38.4%+26.1%15.6%18.7%0.06%
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 Passenger Vehicles dividend history

Dividend per share, ₹, restated for later splits and bonuses

Mar 17Mar 18Mar 19Mar 20Mar 21Mar 222Mar 236Mar 246Mar 253Mar 26
Highest ₹6.00 a share, years to Mar 2024 and Mar 2025.
Ex-dateTypePer share
19 Jun 2026Final₹3.00
4 Jun 2025Final₹6.00
11 Jun 2024Final₹3.00
11 Jun 2024Special₹3.00
28 Jul 2023Final₹2.00
18 Jul 2016Final₹0.20
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Tata Motors Passenger Vehicles announcements

Tata Motors Passenger Vehicles share price by year

Each calendar year to 2025.Tata Motors Passenger Vehicles share price history

YearClose at year endChangeHighest closeLowest close
2025Demerger367.35−50.4%794.95343.40
2024740.15−5.1%1,161.85722.20
2023779.95+101.0%779.95382.00
2022387.95−19.6%525.00372.30
2021482.40+162.4%530.15186.50
2020183.85−0.7%200.3565.30
2019185.15+7.2%236.25107.70
2018172.70−60.0%439.30157.10
2017431.85−8.5%548.90373.60
2016472.00+20.6%588.70276.35
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. With the demerger of 14 Oct 2025 reinvested, the change in 2025 is −18.0%.

Recent sessions

The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
26 Oct 2026264.20264.65259.40263.70262.8687,61,86951.0%
23 Oct 2026270.00270.55259.35264.60262.701,04,68,78551.8%
22 Oct 2026272.90273.30267.85270.00270.3395,69,15243.8%
21 Oct 2026278.00280.70271.65275.70275.1677,31,09344.5%
19 Oct 2026284.00285.85277.80278.00281.7352,68,18645.4%
16 Oct 2026287.05287.40283.15286.85285.5162,99,58450.1%
15 Oct 2026283.10288.45281.35287.05286.4989,07,58250.2%
14 Oct 2026285.50285.70282.00283.80283.7858,99,23958.8%
13 Oct 2026284.30286.40281.35285.85283.6292,41,04259.4%
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-dateEventPrice factorWhat happened
14 Oct 2025Demerger0.6054Part of the business became a separate company. The factor is the opening price on the ex-date divided by the previous close. The chart shows earlier prices with the demerger reinvested.
6 Apr 2015Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
12 Sep 2011Split0.2000Each share became 5.
9 Sep 2008Rights 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

Chairperson
Chandrasekaran Natarajan
At the end of the quarter to Jun 2026
NSE symbol
TMPV
BSE code
500570
ISIN
INE155A01022
Industry
Automobiles
Former symbols
TATAMOTORS, TELCO
CIN
L28920MH1945PLC004520
Corporate identity number, the registrar of companies' code for it
Incorporated
1945
Registered office
Bombay House 24 Homi Mody Street, Mumbai 400001, Maharashtra
Share registrar
TSR Consultants Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments

Earlier listing: Tata Motors Passenger Vehicles DVR (BSE 570001), delisted on 15 Oct 2024.