Tata Motors Passenger Vehicles quarterly results and financials

Tata Motors Passenger Vehicles (TMPV)₹295.00−0.10%(9 Nov 2026 close)Passenger Cars & Utility Vehicles

Key facts

In the Jun 2026 quarter (consolidated), Tata Motors Passenger Vehicles reported sales of ₹96,116 Cr, up 9.3% from Jun 2025, and net profit of ₹861 Cr, down 78.5% year on year. For the year to Mar 2026, sales were ₹3.37 L Cr and net profit ₹82,868 Cr.

Sales (Jun 2026): ₹96,116 Cr
Net profit (Jun 2026): ₹861 Cr
Sales (FY Mar 2026): ₹3.37 L Cr
Net profit (FY Mar 2026): ₹82,868 Cr
EPS (Jun 2026): ₹2.11
Borrowings (Mar 2026): ₹79,048 Cr

Company filings, consolidated accounts; latest reported quarter Jun 2026

Tata Motors Passenger Vehicles quarterly results

₹ crore unless stated; each column is a quarter.

Tata Motors Passenger Vehicles Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	1,05,566	1,10,988	1,19,472	1,07,501	83,925	94,754	98,734	87,953	72,645	70,361	1,05,866	96,116
Expenses	91,057	94,764	1,01,899	91,513	73,415	83,755	83,734	79,214	73,477	68,955	93,871	89,347
Operating Profit	13,824	15,472	16,749	15,317	9,961	10,443	14,440	8,194	−1,409	883	11,302	6,198
OPM %	13.1%	14.1%	14.0%	14.1%	12.0%	11.1%	15.0%	9.1%	−1.9%	1.2%	11.1%	6.0%
Other Income	1,551	1,598	1,408	6,529	1,914	2,720	2,354	2,683	81,275	38.84	1,869	1,109
Interest	2,660	2,495	1,651	1,477	1,098	846	831	695	689	685	770	838
Depreciation	6,641	6,858	7,149	6,571	5,472	4,865	4,723	4,855	4,874	4,975	5,097	4,890
Profit before tax	6,039	7,686	9,315	13,766	5,277	7,427	11,202	5,308	74,498	−4,733	7,283	1,574
Tax %	36.1%	7.1%	−87.9%	23.1%	33.1%	26.1%	24.1%	25.1%	−2.0%	−25.9%	19.1%	45.1%
Exceptional items	−77.13	−75.17	−221	4,906	486	1,322	924	1,344	79,780	−1,414	89.15	−13.03
Net Profit	3,842	7,165	17,579	10,610	3,527	5,493	8,573	4,011	76,478	−3,492	5,894	861
EPS (Rs)	11.36	21.20	52.53	31.69	9.38	14.73	23.05	10.69	207.49	−9.49	15.75	2.11

Tata Motors Passenger Vehicles profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Tata Motors Passenger Vehicles Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	2,73,944	2,70,779	2,92,541	3,03,029	2,62,007	2,50,685	2,79,646	3,47,506	4,35,616	3,67,422	3,36,917	3,44,988
Expenses	2,33,661	2,39,238	2,59,272	2,76,306	2,42,224	2,16,835	2,52,868	3,13,040	3,74,557	3,17,131	3,15,797	3,25,650
Operating Profit	38,572	29,704	31,564	24,766	18,044	32,415	24,819	31,929	58,032	48,170	18,790	16,973
OPM %	14.1%	11.1%	11.1%	8.0%	7.0%	13.0%	9.0%	9.0%	13.0%	13.0%	6.0%	4.9%
Other Income	−2,662	1,862	5,914	−26,577	102	−11,081	2,414	6,647	4,794	14,180	85,941	84,292
Interest	4,905	4,254	4,696	5,777	7,266	8,124	9,350	10,260	7,623	3,917	2,840	2,982
Depreciation	16,732	17,923	21,564	23,617	21,438	23,564	24,846	24,899	27,261	21,131	19,803	19,836
Profit before tax	14,128	9,312	11,152	−31,389	−10,585	−10,481	−7,001	3,392	27,801	37,205	82,470	78,622
Tax %	21.1%	35.1%	39.1%	−7.9%	4.0%	24.1%	60.1%	21.1%	−13.9%	24.1%	0.0%	—
Exceptional items	−1,367	842	1,286	−27,492	−2,206	−16,126	−163	64.10	−773	−148	−3,967	78,442
Net Profit	11,706	7,575	9,118	−28,780	−11,998	−13,435	−11,335	2,697	31,900	28,204	82,868	79,741
EPS (Rs)	40.18	25.89	31.21	−100.01	−39.17	−40.61	−34.56	7.29	94.77	75.74	224.45	215.86
Dividend payout %	1.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	32.0%	7.0%	8.0%	1.0%	—

Tata Motors Passenger Vehicles balance sheet

₹ crore, at each year end.

Tata Motors Passenger Vehicles Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	642	677	677	677	677	718	764	764	764	766	734	735
Reserves	55,535	78,171	57,377	94,681	59,432	62,276	54,432	43,788	44,540	84,157	1,15,321	1,11,210
Borrowings	73,511	69,232	78,554	88,853	1,06,116	1,24,545	1,41,989	1,46,342	1,34,027	1,07,234	71,469	79,048
Other Liabilities	1,06,926	1,14,321	1,35,339	1,42,127	1,38,680	1,31,678	1,43,501	1,37,388	1,54,494	1,76,488	1,88,380	1,87,110
Total Liabilities	2,36,616	2,62,401	2,71,948	3,26,340	3,04,905	3,19,216	3,40,685	3,28,282	3,33,825	3,68,644	3,75,904	3,78,103
Fixed Assets	88,125	1,06,815	95,623	1,21,032	1,10,727	1,26,572	1,38,249	1,38,369	1,31,604	1,20,783	1,15,175	1,04,322
CWIP	28,545	25,813	33,561	39,860	31,788	35,473	20,875	10,208	14,218	35,565	65,571	1,02,282
Investments	15,276	23,669	20,267	20,730	15,706	16,242	24,541	29,263	26,284	22,903	35,530	26,219
Other Assets	1,04,670	1,06,105	1,22,498	1,44,718	1,46,683	1,40,928	1,57,019	1,50,443	1,61,718	1,89,393	1,59,628	1,45,280
Inventories	29,310	32,717	35,098	42,213	39,066	37,497	36,121	35,287	40,789	47,825	47,350	50,219
Trade receivables	12,548	13,530	14,043	19,834	18,926	11,138	12,649	12,403	15,686	16,896	13,209	12,581
Cash & equivalents	32,026	30,410	36,012	34,529	32,574	33,620	46,666	40,566	36,905	45,684	40,734	29,608
Total Assets	2,36,616	2,62,401	2,71,948	3,26,340	3,04,905	3,19,216	3,40,685	3,28,282	3,33,825	3,68,644	3,75,904	3,78,103

Tata Motors Passenger Vehicles cash flow

₹ crore, for each year.

Tata Motors Passenger Vehicles Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	35,636	38,042	30,304	23,929	18,959	26,733	29,106	14,325	35,530	68,115	63,381	13,078
Cash from investing activity	−36,259	−36,730	−39,582	−25,145	−20,885	−33,105	−25,689	−4,446	−15,425	−22,782	−50,005	−23,171
Cash from financing activity	5,195	−3,792	6,193	2,008	8,822	3,384	9,888	−3,376	−26,199	−36,978	−18,754	−1,343
Net cash flow	4,518	−2,598	−3,176	733	6,863	−3,105	13,272	6,486	−6,292	8,157	−5,683	−11,510
Capex	31,973	31,506	16,076	35,085	35,291	29,699	20,197	15,162	19,251	31,417	38,035	36,278
Free cash flow	3,659	6,485	14,228	−11,228	−16,418	−2,907	9,175	−658	16,511	36,882	26,144	−23,285
CFO / OP %	101.0%	104.0%	108.0%	85.0%	87.0%	158.0%	96.0%	66.0%	121.0%	125.0%	140.0%	87.0%

Tata Motors Passenger Vehicles ratios

Working-capital days and returns, by year.

Tata Motors Passenger Vehicles Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	17	18	19	25	23	16	19	16	17	14	13	14
Inventory days	67	73	77	83	73	82	83	71	66	64	78	85
Days payable	130	137	137	150	132	144	174	140	127	125	159	157
Cash conversion cycle	−47	−46	−41	−43	−38	−48	−74	−53	−45	−48	−69	−59
Working capital days	−62	−63	−69	−71	−78	−92	−112	−88	−63	−55	−75	−81
ROCE %	20.9%	14.9%	9.0%	9.0%	2.0%	0.0%	6.0%	1.0%	6.0%	19.0%	15.9%	3.0%

Tata Motors Passenger Vehicles: frequently asked questions

What are the latest quarterly results of Tata Motors Passenger Vehicles?

For the Jun 2026 quarter, Tata Motors Passenger Vehicles reported sales of ₹96,116 Cr, up 9.3% year on year and net profit of ₹861 Cr, down 78.5% year on year. The operating margin was 6.0%.

What is the annual revenue of Tata Motors Passenger Vehicles?

Tata Motors Passenger Vehicles' sales for the year to Mar 2026 were ₹3.37 L Cr; over the last twelve months they were ₹3.45 L Cr.

What is the net profit of Tata Motors Passenger Vehicles?

Net profit for the year to Mar 2026 was ₹82,868 Cr, and ₹79,741 Cr over the last twelve months. Earnings per share over the same trailing period were ₹215.86.

How much debt does Tata Motors Passenger Vehicles have?

Tata Motors Passenger Vehicles reported borrowings of ₹79,048 Cr at Mar 2026, against cash and equivalents of ₹29,608 Cr.

What is the free cash flow of Tata Motors Passenger Vehicles?

Cash from operations was ₹13,078 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹23,285 Cr.

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