Tata Motors Ltd.

In the news

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India's Tata Motors cuts investment by $1.5bn to hold cash Jun 16, 2020

Company Background

Tata Motors is a core company of Tata group, one of India's three largest conglomerates. It occupies the leading position in the Indian commercial vehicle market and has also ranked among the top five passenger car brands in the country. With a strong emphasis on exports, the company runs auto manufacturing and assembly plants in South Africa and the U.K. and currently operates in more than 170 countries.

Founded in 1945 as a manufacturer of commercial vehicles, Tata Motors initially focused on production of trucks and buses for the domestic market. Tata Motors' transformation into a passenger car manufacturer started in the latter half of the 1990s. Its Indica compact car, released in 1998, proved to be a big hit and helped the company solidify its status as a passenger-car maker. In 2009, the company made a global splash when it unveiled its ultralow-cost Nano at a price of 100,000 rupees (around $2,000 at the time).

Tata Motors is known for its highly active mergers-and-acquisitions strategy. The Indian company acquired South Korean automaker Daewoo's truck manufacturing unit in 2004, and it bought the U.K. luxury car brand Jaguar Land Rover in 2008. These deals set the stage for Tata Motors' accelerated global expansion.

The company's largest shareholder is Tata Sons, the holding company of Tata group. The Indian automaker is under the leadership of Tata group Chairman Cyrus Mistry. It is listed on the New York Stock Exchange since 2004.

Business Summary

Tata Motors Ltd. is an automobile manufacturer with a portfolio that includes a range of cars, utility vehicles, trucks, buses, and defense vehicles. It operates through the Automotive and Others segments. The Automotive segment includes all activities relating to the development, design, manufacture, assembly and sale of vehicles including vehicle financing, as well as sale of related parts and accessories. It also consists of sub-segments, such as, Tata Commercial Vehicles, Tata Passenger Vehicles, Jaguar Land Rover, and Vehicle Financing. The Others segment includes information technology and insurance broking services. The company was founded on September 1, 1945 and is headquartered in Mumbai, India.

Financial Highlights

Mar 2022	INR	USD
Revenue	2,776.74B	37,266.92M
Gross Profit	333,259.30M	4,472.70M
Operating income	-12,783.60M	-171.56M
Income before tax	-70,034.10M	-939.93M
Net income	-114,414.70M	-1,535.56M
EBITDA	235,573.30M	3,161.64M
Diluted EPS	-29.68	-0.39
Dividends Per Share	0	0
Total Assets	3,306.19B	43,631.79M
Total liabilities	2,791.47B	36,838.93M
Total equity	445,612.40M	5,880.73M
Operating cash flow	57,163.60M	767.19M
	Currency in INR	Currency in USD

Historical Data

INR | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	2,824.12B	3,088.94B	2,658.82B	2,507.74B	2,776.74B
Gross Profit	319,994.80M	432,003.80M	358,886.90M	332,859.60M	333,259.30M
Operating income	-12,061.50M	76,057M	27,032.30M	72,344.60M	-12,783.60M
Income before tax	111,550.30M	-313,711.50M	-105,799.80M	-104,742.80M	-70,034.10M
Net income	89,889.10M	-288,262.30M	-120,708.50M	-134,513.90M	-114,414.70M
EBITDA	203,474.40M	311,963.30M	241,286.60M	307,811.70M	235,573.30M
Diluted EPS	26.27	-84.25	-34.62	-36.73	-29.68
Dividends Per Share	0	0	0	0	0
Total Assets	3,313.50B	3,071.94B	3,221.21B	3,431.25B	3,306.19B
Total liabilities	2,353.97B	2,434.72B	2,548.97B	2,829.96B	2,791.47B
Total equity	954,279.10M	601,795.60M	630,785.30M	552,467.20M	445,612.40M
Operating cash flow	209,346.60M	128,784.40M	208,626M	213,249.60M	57,163.60M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	43,808.00M	44,163.95M	37,497.82M	33,781.21M	37,266.92M
Gross Profit	4,963.77M	6,176.53M	5,061.44M	4,483.86M	4,472.70M
Operating income	-187.09M	1,087.41M	381.24M	974.53M	-171.56M
Income before tax	1,730.37M	-4,485.26M	-1,492.11M	-1,410.96M	-939.93M
Net income	1,394.36M	-4,121.40M	-1,702.37M	-1,812.00M	-1,535.56M
EBITDA	3,156.30M	4,460.26M	3,402.90M	4,146.44M	3,161.64M
Diluted EPS	0.40	-1.20	-0.48	-0.49	-0.39
Dividends Per Share	0	0	0	0	0
Total Assets	50,803.72M	44,344.21M	42,579.76M	46,930.40M	43,631.79M
Total liabilities	36,091.90M	35,145.78M	33,693.70M	38,706.37M	36,838.93M
Total equity	14,631.31M	8,687.05M	8,338.06M	7,556.26M	5,880.73M
Operating cash flow	3,247.39M	1,841.28M	2,942.29M	2,872.62M	767.19M

Valuation Measures

Mar 2022
PER	--
ROA	-3.39%
ROE	-22.92%
Operating margin	-0.46%
Profit margin	-4.12%

Key executives

Co-President & Chief Purchasing Officer: Thomas Flack
Co-President & Chief Technology Officer: Rajendra Petkar
Co-President & Chief Human Resources Officer: Ravindra Kumar G.P
Group Chief Financial Officer: Pathamadai B. Balaji
Secretary & Compliance Officer: Maloy Kumar Gupta

Shareholders

Tata Sons Pvt Ltd. (45.9%)
Life Insurance Corporation of India (Investment Portfolio) (4.9%)
The Vanguard Group, Inc. (1.3%)
SBI Funds Management Pvt Ltd. (1.2%)
RADHESHYAM JHUNJHUNWALA RAKESH (1.0%)
BlackRock Fund Advisors (1.0%)
Nippon Life India Asset Management Ltd. (Invt Mgmt) (0.8%)
HDFC Asset Management Co. Ltd. (Invt Mgmt) (0.8%)
UTI Asset Management Co. Ltd. (Investment Management) (0.6%)
Dimensional Fund Advisors LP (0.6%)

Contact Details

Website:http://www.tatamotors.com
Address: 4th Floor, Ahura Centre, 82 Mahakali Caves Road, Mumbai, 400093, India
Phone: +91.22.62407101

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Tata AutoComp Systems Ltd.
Daewoo Commercial Vehicle Co Ltd
Tata Hispano Motors Carrocera SA
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Competitors

Volkswagen AG Pref
Mercedes-Benz Group AG
Bayerische Motoren Werke AG
Nissan Motor Co., Ltd.
Tesla Inc
Volvo Car AB Class B
KAMAZ PTC
Polestar Automotive Holding UK PLC Sponsored ADR Class A
Daewon Sanup Co., Ltd.
Ebusco Holding N.V.
Deutsch Motors Inc.
Modine Manufacturing Company
Carasso Motors Ltd
China Auto Logistics, Inc.
Faraday Future Intelligent Electric, Inc.

Last Updated on 10 Aug, 2022