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Earnings transcript
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TMCV
TMCV.BO
Tata Motors Limited
$405.7
-8.35
(-2.02%)
| Exchange: | BSE |
| Market Cap: | 1.495T |
| Shares Outstanding: | 3.682B |
Delayed data
About The Company
| Sector: | Consumer CyclicalView sector performance | |||||
| Industry: | Auto – ManufacturersView industry performance | |||||
| CEO: | Girish Arun Wagh | |||||
| Full Time Employees: | 20635 | |||||
| Address: |
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| Website: | https://cv.tatamotors.com/organisation/about-us |
Tata Motors Limited is a prominent manufacturer focused on the production of commercial vehicles. Its diverse product portfolio encompasses utility vehicles, pickup trucks, heavy-duty trucks, and passenger buses. The company’s operations are rooted in India and South Korea, complemented by a substantial international footprint spanning across Africa, the Middle East, Latin America, Southeast Asia, and the SAARC countries. Established in 2024, the enterprise, headquartered in Mumbai, India, was previously known as TML Commercial Vehicles Limited before adopting its current name, Tata Motors Limited, in October 2025.
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Revenue Segmentation
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 4,312,120,000 | 4,368,210,000 | 838,550,000 |
| Gross Profit | 1,563,590,000 | 1,628,500,000 | 185,850,000 |
| EBITDA | 632,930,000 | 621,190,000 | 74,820,000 |
| Operating Income | 83,770,000 | 40,670,000 | 79,900,000 |
| Net Income | 320,450,000 | 229,590,000 | 30,300,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 3,706,640,000 | 3,786,420,000 | 523,090,000 |
| Total Liabilities | 2,775,700,000 | 2,558,880,000 | 395,750,000 |
| Total Stockholders Equity | 849,180,000 | 1,161,440,000 | 127,340,000 |
| Total Debt | 1,072,640,000 | 715,400,000 | 56,150,000 |
| Cash and Cash Equivalents | 400,150,000 | 343,490,000 | 77,760,000 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 679,150,000 | 631,020,000 | 147,070,000 |
| Capital Expenditure | -314,140,000 | -380,420,000 | -13,210,000 |
| Free Cash Flow | 365,010,000 | 250,600,000 | 133,860,000 |
| Net Income | 318,070,000 | 281,490,000 | 30,300,000 |
| Net Change in Cash | 81,280,000 | -56,660,000 | 77,760,000 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2029 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 990,714,433.137 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 1,183,658,470.843 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 1,074,788,373.889 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 195,694,932.323 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 231,885,097.488 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 206,685,807.123 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 86,842,770.583 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 114,943,936.710 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 95,377,033.890 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 70,547,567.840 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 84,286,877.710 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 76,534,370.737 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 26.300 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 31.220 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 23.590 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 8 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 7 | Research Access | Research Access | Research Access | Research Access |
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Current Key Metrics
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Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MarketSnap estimates TMCV.BO intrinsic value between $3.05 – $3.53 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about TMCV.BO valuation
Is Tata Motors Limited (TMCV.BO) overvalued or undervalued right now?
MarketSnap estimates intrinsic value for Tata Motors Limited (TMCV.BO) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is TMCV.BO a buy, hold, or sell for long-term investors?
MarketSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether TMCV.BO trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is TMCV.BO’s P/E ratio?
You can see TMCV.BO’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for TMCV.BO?
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Is TMCV.BO a good long-term investment?
Whether TMCV.BO fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MarketSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
TMCV.BO
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Daily snapshot
-2.02
Trading Metrics:
| Open: | 410 | Previous Close: | 414.05 | |
| Day Low: | 405.1 | Day High: | 413.35 | |
| Year Low: | 306 | Year High: | 508.95 | |
| Price Avg 50: | 444.99 | Price Avg 200: | 431.37 | |
| Volume: | 18381 | Average Volume: | 664675 |
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