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Tata Motors PVeh

Q1 FY27Automobiles

Tata Motors PVeh Q1 FY27 earnings call: Revenue & Margins

Q1 FY27 earnings call: what management said on revenue, margins and capex.

Price₹312
Market cap₹1.2L Cr
P/E117.5
Updated25 Aug 2026
Read4 min read

The short version

Tata Motors Passenger Vehicles (TMPV) targets higher double-digit volume growth in FY27, continuing industry-beating momentum observed in Q1 with 46% YoY growth versus industry 24%. - Volume growth supported by strong demand, healthy order pipeline, and upcoming product launches & refreshes. - Export business aimed to grow approximately 2x in FY27 over last year’s base, following a 4x growth in previous year. - Revenues for India business grew 65% YoY in Q1; focus on sustaining growth despite commodity inflation headwinds. - Market share gains expected in EV segment where TMPV increased from 37% to 43% recently. - Expansion in product portfolio from Rs. JLR targets 10% revenue growth per annum, focusing significantly on the US market known for high SUV demand and affinity for their brands.

From Tata Motors PVeh's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Revenue & Sales Performance

  • Tata Motors Passenger Vehicles (TMPV) targets higher double-digit volume growth in FY27, continuing industry-beating momentum observed in Q1 with 46% YoY growth versus industry 24%.
  • Volume growth supported by strong demand, healthy order pipeline, and upcoming product launches & refreshes.
  • Export business aimed to grow approximately 2x in FY27 over last year’s base, following a 4x growth in previous year.
  • Revenues for India business grew 65% YoY in Q1; focus on sustaining growth despite commodity inflation headwinds.
  • Market share gains expected in EV segment where TMPV increased from 37% to 43% recently.

2 more points from Tata Motors PVeh's call on revenue

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Profitability & Margins

See what Tata Motors PVeh said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

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Top-ranked in Automobiles

Ranked on what management guided this quarter

Guidance-ranked
1Ather Energy
Rev 1Mar 3
2Zelio E-Mobility
Rev 1Mar 3
3
Rev 2Mar 3
4
Rev 2Mar 3
5
Rev 2Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Tata Motors PVeh said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • Tata Motors Passenger Vehicles (TMPV) has a strong EV order book as they scale up production.
  • Demand momentum continues into July with over 15,000 EV units delivered for the month.
  • The company maintains market leadership in EVs with a 43% market share in July.
  • Despite supply constraints, the order pipeline is healthy, supporting sustained volume growth.
  • Production capacity for high-demand models like Punch.ev is being enhanced to reduce long waiting periods.
  • Supply-side constraints are being alleviated with debottlenecking actions and capacity expansions underway.

2 more points from Tata Motors PVeh's call on order book

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Tata Motors PVeh — Quarterly revenue & net profit

Revenue Net profit Net loss
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Q1 FY27 figures are not in this chart yet. Latest shown: Mar 2026 (Q4 FY26). The Q1 FY27 numbers from the filing are in the analysis on this page.

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹1.1L Cr, net profit ₹5.9K Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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What Tata Motors PVeh's management said in earlier quarters

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    Quarterly Sales (Q1 FY'27): ₹2,528 crore . Key concall takeaways from Force Motors Ltd's Q1 FY27 earnings call — and how it ranks against sector peers.

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    Q1 FY27 saw record revenues (INR17,244 crores) and EBITDA (INR3,596 crores) with 45% YoY growth; PAT at nearly INR3,000 crores, up 42% YoY, indicating strong…

  • Hyundai Motor I (Q1 FY27)

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Frequently Asked Questions

What were Tata Motors PVeh Q1 FY27 results?

Tata Motors Passenger Vehicles (TMPV) targets higher double-digit volume growth in FY27, continuing industry-beating momentum observed in Q1 with 46% YoY growth versus industry 24%. - Volume growth supported by strong demand, healthy order pipeline, and upcoming product launches & refreshes. - Export business aimed to grow approximately 2x in FY27 over last year’s base, following a 4x growth in previous year. - Revenues for India business grew 65% YoY in Q1; focus on sustaining growth despite commodity inflation headwinds. - Market share gains expected in EV segment where TMPV increased from 37% to 43% recently. - Expansion in product portfolio from Rs. JLR targets 10% revenue growth per annum, focusing significantly on the US market known for high SUV demand and affinity for their brands.

What is Tata Motors PVeh share price analysis?

Tata Motors PVeh currently shows a neutral. The stock trades at a P/E of 117.5 with a market cap of ₹117,079 Cr. Investors should review the full earnings analysis for detailed insights.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.