Financials of Tata Motors Passenger Vehicles Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Tata Motors Passenger Vehicles Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +105,932102,236105,129110,577119,033107,10283,65694,47298,37787,67772,34970,108105,447
Expenses +92,81889,01991,36295,159102,34891,85473,74284,07083,99079,51573,75369,22994,188
Operating Profit13,11413,21713,76715,41816,68515,2489,91410,40214,3878,162-1,40487911,259
OPM %12%13%13%14%14%14%12%11%15%9%-2%1%11%
Other Income +1,4538951,5571,6041,4126,5531,9202,7302,3612,69081,507391,877
Interest2,6422,6152,6522,4851,6451,4711,094843828692686682767
Depreciation7,0506,6336,6376,8507,1436,5655,4674,8634,7174,8514,8714,9695,092
Profit before tax4,8754,8646,0357,6879,30913,7655,2737,42611,2035,30974,546-4,7337,277
Tax %-13%32%36%7%-88%23%33%26%24%25%-2%-26%19%
Net Profit +5,4963,3013,8327,14517,52810,5873,5215,4848,5564,00376,248-3,4835,878
EPS in Rs16.289.6411.3321.1452.3731.639.3614.6923.0110.66206.85-9.4715.70

Financials of Tata Motors Passenger Vehicles Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +263,159273,046269,693291,550301,938261,068249,795278,454345,967434,016439,695335,582
Expenses +223,920234,650240,104260,093277,274243,081217,507253,734314,151376,207383,557316,685
Operating Profit39,23938,39529,58931,45824,66417,98732,28724,72031,81657,80956,13818,897
OPM %15%14%11%11%8%7%13%9%9%13%13%6%
Other Income +714-2,6701,8695,933-26,686102-11,1182,4246,6644,80710,85286,113
Interest4,8614,8894,2384,6825,7597,2438,0979,31210,2257,5945,0832,827
Depreciation13,38916,71117,90521,55423,59121,42523,54724,83624,86027,23923,25619,784
Profit before tax21,70314,1269,31511,155-31,371-10,580-10,474-7,0033,39427,78338,65182,399
Tax %35%21%35%39%-8%4%24%60%21%-14%27%-0%
Net Profit +14,07311,6787,5579,091-28,724-11,975-13,395-11,3092,69031,80728,14982,645
EPS in Rs48.4440.1125.8231.13-99.84-39.08-40.51-34.457.2794.4775.60223.74
Dividend Payout %0%1%0%0%0%0%0%0%32%7%8%1%

Financials of Tata Motors Passenger Vehicles Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital644679679679679720766766766767736737
Reserves55,61878,27357,38394,74959,50062,35954,48143,79544,55684,151115,408111,331
Borrowings +73,61069,36078,60488,950106,175124,788142,131146,449134,113107,26471,54079,109
Other Liabilities +107,442114,872135,914142,813139,349132,313144,193138,051155,239177,339189,289190,745
Total Liabilities237,315263,184272,580327,192305,703320,179341,570329,061334,674369,521376,973381,922
Fixed Assets +88,479107,23295,944121,414111,234127,107138,708138,855132,080121,285115,697180,810
CWIP28,64025,91933,69940,03431,88435,62220,96410,25114,27435,69865,80626,500
Investments15,33723,76720,33820,81315,77116,30824,62029,38026,37922,97135,65626,313
Other Assets +104,858106,266122,600144,932146,814141,141157,278150,575161,941189,567159,814148,299
Total Assets237,315263,184272,580327,192305,703320,179341,570329,061334,674369,521376,973381,922

Financials of Tata Motors Passenger Vehicles Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +35,53137,90030,19923,85718,89126,63329,00114,28335,38867,91563,10213,041
Cash from Investing Activity +-36,232-36,694-39,571-25,139-20,878-33,115-25,672-4,444-15,417-22,781-49,982-24,810
Cash from Financing Activity +5,201-3,7956,2052,0128,8303,3909,904-3,380-26,243-37,006-18,786-1,344
Net Cash Flow4,500-2,589-3,1677306,843-3,09213,2326,459-6,2728,128-5,666-13,113
Free Cash Flow3,6436,45514,181-11,191-16,346-2,8989,146-65516,44336,73226,034-23,195
CFO/OP101%104%108%85%87%158%96%66%121%125%120%87%

Financials of Tata Motors Passenger Vehicles Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days171819252316191617141114
Inventory Days677377837382837166646385
Days Payable131138138151133145175141128126131157
Cash Conversion Cycle-47-46-41-43-38-48-74-53-45-48-56-58
Working Capital Days-62-63-69-71-78-92-112-88-63-55-62-60
ROCE %21%15%9%9%2%-0%6%1%6%19%20%3%