Tata Motors Passenger Vehicles share price
NSE: TMPVBSE: 500570AutomobilesLarge Cap
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
- Next results date: the board meets on 13 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
- ₹96,200 Cr79th 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. Not shown: part of the business was demerged on 14 Oct 2025, and the accounts this figure is made of still include the part that left. It returns once accounts of the company as it now is are filed. Price to earnings, trailing: how it is worked out
- Demergerin the last 12 months
- 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
- 0.86
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.15%
- 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. Not shown: part of the business was demerged on 14 Oct 2025, and the accounts this figure is made of still include the part that left. It returns once accounts of the company as it now is are filed.
- Demergernew accounts awaited
- 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. Not shown: part of the business was demerged on 14 Oct 2025, and the accounts this figure is made of still include the part that left. It returns once accounts of the company as it now is are filed.
- Demergernew accounts awaited
- 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.
- 0.59
- 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
- 85,51,85650.5% 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
Item year to Mar 2026 year to Mar 2025 Jaguar Land Rover 82.4% 86.8% Tata Passenger Vehicles 17.6% 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. Annual report, 15 Jun 2026, page 265
- 2. Annual report, 15 Jun 2026, page 32
- 3. Investor presentation, 13 Aug 2026, page 20
- 4. Annual report, 15 Jun 2026, page 142
- 5. Annual report, 15 Jun 2026, page 49
- 6. Annual report, 15 Jun 2026, page 11
- 7. Annual report, 15 Jun 2026, page 269
- 8. Annual report, 15 Jun 2026, page 561
- 9. Annual report, 15 Jun 2026, page 10
- 10. Annual report, 15 Jun 2026, page 582
- 11. Annual report, 15 Jun 2026, page 265
- 12. Exchange filing, 12 Nov 2025, page 2
- 13. Annual report, 15 Jun 2026, page 564
- 14. Annual report, 15 Jun 2026, page 159
- 15. Investor presentation, 13 Aug 2026, page 31
- 16. Earnings call, 13 Aug 2026, page 2
- 17. Investor presentation, 13 Aug 2026, page 5
- 18. Annual report, 15 Jun 2026, page 269
- 19. Annual report, 15 Jun 2026, page 13
- 20. Annual report, 15 Jun 2026, page 273
- 21. Earnings call, 13 Aug 2026, page 2
- 22. Annual report, 15 Jun 2026, page 158
- 23. Earnings call, 13 Aug 2026, page 6
- 24. Investor presentation, 13 Aug 2026, page 26
- 25. Investor presentation, 13 Aug 2026, page 26
- 26. Earnings call, 13 Aug 2026, page 6
- 27. Annual report, 15 Jun 2026, page 269
- 28. Annual report, 15 Jun 2026, page 156
- 29. Investor presentation, 13 Aug 2026, page 9
- 30. Investor presentation, 13 Aug 2026, page 8
- 31. Annual report, 15 Jun 2026, page 269
- 32. Investor presentation, 13 Aug 2026, page 22
- 33. Annual report, 15 Jun 2026, page 156
- 34. Annual report, 15 Jun 2026, page 267
- 35. Earnings call, 13 Aug 2026, page 6
- 36. Investor presentation, 13 Aug 2026, page 9
- 37. Earnings call, 13 Aug 2026, page 3
- 38. Annual report, 15 Jun 2026, page 165
- 39. Annual report, 15 Jun 2026, page 561
- 40. Annual report, 15 Jun 2026, page 562
- 41. Annual report, 15 Jun 2026, page 56
- 42. Annual report, 15 Jun 2026, page 32
- 43. Annual report, 15 Jun 2026, page 49
- 44. Earnings call, 13 Aug 2026, page 4
- 45. Investor presentation, 13 Aug 2026, page 16
- 46. Earnings call, 13 Aug 2026, page 14
- 47. Annual report, 15 Jun 2026, page 67
- 48. Investor presentation, 13 Aug 2026, page 36
Results
Consolidated; ₹ crore.Tata Motors Passenger Vehicles 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.
- −18.6%
- 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.
- –
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.
- ₹95,799 Crdown 9.15%
- 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
- ₹859 Crdown 85.39%
- 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
- 0.9%
Revenue by quarter
Net profit by quarter, a loss in red
- Net profit
- Loss
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.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,01,450 | 1,13,575 | 1,19,503 | 87,677 | 72,349 | 70,108 | 1,05,447 | 95,799 |
| Net profit | 3,450 | 5,578 | 8,556 | 4,003 | 76,248 | −3,483 | 5,878 | 859 |
| Net margin | 3.4% | 4.9% | 7.2% | – | – | −5.0% | 5.6% | 0.9% |
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.
- ₹3,35,582 Crdown 23.68%
- 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.
- ₹82,645 Crup 193.60%
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
The years either side of a change of basis do not compare. From the year to Mar 2025, the company reports the part of the business demerged on 14 Oct 2025 as discontinued, and figures before the change include it.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,74,492 | 2,95,409 | 3,01,938 | 2,61,068 | 2,49,795 | 2,78,454 | 3,45,967 | 4,37,928 | 4,39,695 | 3,35,582 |
| Net profit | 7,557 | 9,091 | −28,724 | −11,975 | −13,395 | −11,309 | 2,690 | 31,807 | 28,149 | 82,645 |
| Net margin | 2.8% | 3.1% | −9.5% | −4.6% | −5.4% | −4.1% | 0.8% | 7.3% | – | – |
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- Jaguar and Land Rover, 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.₹2,73,303 Crdown 13.02%81.0%
- Passenger VehiclePassenger 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.₹58,465 Crup 20.68%17.3%
- 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.₹5,513 Crdown 8.41%1.6%
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
At or below today's level on 0.1% of 1,047 trading days over the last 5 years.
At or below today's level on 99% of 2,467 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | With the demerger reinvestedReturn with the demerger reinvested. The yearly price growth with the price before the demerger multiplied by the demerger's price factor (its opening price on the ex-date over the close before it), plus the average dividend yield: the return of a holder who put the value of the shares of the company that was split off back into this share on the ex-date. | Earnings growth | Change in P/E | Dividend 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% |
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 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.
- 2
- AddedAdded. Funds that held more shares than at the end of the month before.
- 118
- CutCut. Funds that held fewer shares than at the end of the month before.
- 69
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 73
- 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
- 19
| Fund | |||
|---|---|---|---|
| 4,05,80,887 | 0.57% | ₹1,150.5 Cr | |
| 2,42,11,924 | 1.20% | ₹686.4 Cr | |
| 2,25,67,226 | 1.58% | ₹639.8 Cr | |
| 1,69,84,145 | 0.57% | ₹481.5 Cr | |
| 1,63,94,339 | 1.03% | ₹464.8 Cr | |
| 1,55,30,956 | 1.21% | ₹440.3 Cr | |
| 1,39,17,012 | 0.57% | ₹394.5 Cr | |
| 1,30,27,624 | 0.57% | ₹369.3 Cr | |
| 1,18,62,330 | 0.44% | ₹336.3 Cr | |
| 1,15,05,600 | 0.43% | ₹326.2 Cr |
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
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
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 1,96,695 | 34.07 | 7.84 | +28.1% | +19.3% | 24.9% | 20.7% | 1.14% | |
| 1,94,168 | 56.65 | 20.30 | +30.2% | +43.7% | 37.9% | 18.0% | 0.29% | |
| 1,51,238 | 30.55 | 7.56 | +3.6% | −10.3% | 27.3% | 27.1% | 1.13% | |
| 1,04,444 | 19.17 | 4.83 | +25.6% | +8.2% | 26.7% | 29.2% | 3.55% | |
| 66,391 | – | 15.49 | – | – | −6.7% | −6.5% | 0.00% | |
| 22,894 | 18.29 | 5.46 | +8.4% | +45.3% | 34.6% | 28.3% | 0.29% | |
| 17,395 | – | – | −49.2% | – | −41.0% | −26.9% | 0.00% | |
| 8,036 | 45.22 | 6.55 | +38.4% | +26.1% | 15.6% | 18.7% | 0.06% |
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
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 glossary| Ex-date | Type | Per share |
|---|---|---|
| 19 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 | ₹3.00 |
| 4 Jun 2025 | Final | ₹6.00 |
| 11 Jun 2024 | Final | ₹3.00 |
| 11 Jun 2024 | Special | ₹3.00 |
| 28 Jul 2023 | Final | ₹2.00 |
| 18 Jul 2016 | Final | ₹0.20 |
Latest announcements
Routine notices left out.Tata Motors Passenger Vehicles announcements
Oct 2026
23 Oct · Board meeting
6 Oct · General Updates
Sep 2026
29 Sep · News Verification
The exchange asked on 29 Sep 2026
Tata Motors Passenger Vehicles annual report, year to Mar 2026
Tata Motors Passenger Vehicles share price by year
Each calendar year to 2025.Tata Motors Passenger Vehicles share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025Demerger | 367.35 | −50.4% | 794.95 | 343.40 |
| 2024 | 740.15 | −5.1% | 1,161.85 | 722.20 |
| 2023 | 779.95 | +101.0% | 779.95 | 382.00 |
| 2022 | 387.95 | −19.6% | 525.00 | 372.30 |
| 2021 | 482.40 | +162.4% | 530.15 | 186.50 |
| 2020 | 183.85 | −0.7% | 200.35 | 65.30 |
| 2019 | 185.15 | +7.2% | 236.25 | 107.70 |
| 2018 | 172.70 | −60.0% | 439.30 | 157.10 |
| 2017 | 431.85 | −8.5% | 548.90 | 373.60 |
| 2016 | 472.00 | +20.6% | 588.70 | 276.35 |
Recent sessions
The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 26 Oct 2026 | 264.20 | 264.65 | 259.40 | 263.70 | 262.86 | 87,61,869 | 51.0% |
| 23 Oct 2026 | 270.00 | 270.55 | 259.35 | 264.60 | 262.70 | 1,04,68,785 | 51.8% |
| 22 Oct 2026 | 272.90 | 273.30 | 267.85 | 270.00 | 270.33 | 95,69,152 | 43.8% |
| 21 Oct 2026 | 278.00 | 280.70 | 271.65 | 275.70 | 275.16 | 77,31,093 | 44.5% |
| 19 Oct 2026 | 284.00 | 285.85 | 277.80 | 278.00 | 281.73 | 52,68,186 | 45.4% |
| 16 Oct 2026 | 287.05 | 287.40 | 283.15 | 286.85 | 285.51 | 62,99,584 | 50.1% |
| 15 Oct 2026 | 283.10 | 288.45 | 281.35 | 287.05 | 286.49 | 89,07,582 | 50.2% |
| 14 Oct 2026 | 285.50 | 285.70 | 282.00 | 283.80 | 283.78 | 58,99,239 | 58.8% |
| 13 Oct 2026 | 284.30 | 286.40 | 281.35 | 285.85 | 283.62 | 92,41,042 | 59.4% |
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 | Demerger | 0.6054 | Part 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 2015 | Rights issue | – | Shareholders were offered new shares. Noted, not adjusted for. |
| 12 Sep 2011 | Split | 0.2000 | Each share became 5. |
| 9 Sep 2008 | Rights issue | – | Shareholders were offered new shares. Noted, not adjusted for. |
Company details
- NSE symbol
- TMPV
- BSE code
- 500570
- ISIN
- INE155A01022
- Industry
- Automobiles
- Former symbols
- TATAMOTORS, TELCO
- Website
- www.tatamotors.com
- 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.