Tata Motors Ltd.

In the news

India's Maruti lures buyers with sweet deals and strict hygiene Jun 18, 2020
India's Tata Motors cuts investment by $1.5bn to hold cash Jun 16, 2020
Indian automakers rev up factories and incentives to exit slump Jun 5, 2020
Tata Motors faces ratings downgrade by Moody's Mar 26, 2020
India shuts off economy for world's largest coronavirus lockdown Mar 26, 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. engages in the manufacture of motor vehicles. It operates through the Automotive and Other Operations segments. The Automotive segment operations include 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. The Other Operations segment includes information technology services, and machine tools and factory automation solutions. The company was founded on September 1, 1945 and is headquartered in Mumbai, India.

Financial Highlights

Mar 2020	INR	USD
Revenue	2,610.67B	36,818.88M
Gross Profit	592,790.60M	8,360.23M
Operating income	-27,738.90M	-391.20M
Income before tax	-105,799.80M	-1,492.11M
Net income	-120,708.50M	-1,702.37M
EBITDA	186,515.40M	2,630.46M
Diluted EPS	-34.88	-0.49
Dividends Per Share	--	--
Total Assets	3,221.21B	42,579.76M
Total liabilities	2,582.29B	34,134.15M
Total equity	630,785.30M	8,338.06M
Operating cash flow	208,626M	2,942.29M
	Currency in INR	Currency in USD

Historical Data

INR | USD

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020
Revenue	2,716.80B	2,584.35B	2,824.12B	3,088.94B	2,610.67B
Gross Profit	533,514.20M	366,669.70M	319,994.80M	432,003.80M	592,790.60M
Operating income	213,025.10M	43,203M	-12,061.50M	76,057M	-27,738.90M
Income before tax	141,257.70M	93,147.90M	111,550.30M	-313,711.50M	-105,799.80M
Net income	115,793.10M	74,543.60M	89,889.10M	-288,262.30M	-120,708.50M
EBITDA	380,132.90M	222,252.90M	203,474.40M	311,963.30M	186,515.40M
Diluted EPS	34	21.78	26.27	-84.25	-34.88
Dividends Per Share	0.20	0	0	0	--
Total Assets	2,671.41B	2,737.54B	3,313.50B	3,071.94B	3,221.21B
Total liabilities	1,877.55B	2,152.39B	2,353.97B	2,434.72B	2,582.29B
Total equity	789,524.20M	580,618.90M	954,279.10M	601,795.60M	630,785.30M
Operating cash flow	329,725.30M	261,207.90M	209,346.60M	128,784.40M	208,626M

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020
Revenue	41,496.34M	38,539.61M	43,808.00M	44,163.95M	36,818.88M
Gross Profit	8,148.88M	5,468.02M	4,963.77M	6,176.53M	8,360.23M
Operating income	3,253.74M	644.27M	-187.09M	1,087.41M	-391.20M
Income before tax	2,157.56M	1,389.08M	1,730.37M	-4,485.26M	-1,492.11M
Net income	1,768.62M	1,111.64M	1,394.36M	-4,121.40M	-1,702.37M
EBITDA	5,806.14M	3,314.38M	3,156.30M	4,460.26M	2,630.46M
Diluted EPS	0.51	0.32	0.40	-1.20	-0.49
Dividends Per Share	0.00	0	0	0	--
Total Assets	40,339.93M	42,158.21M	50,803.72M	44,344.21M	42,579.76M
Total liabilities	28,352.28M	33,146.88M	36,091.90M	35,145.78M	34,134.15M
Total equity	11,922.29M	8,941.54M	14,631.31M	8,687.05M	8,338.06M
Operating cash flow	5,036.21M	3,895.30M	3,247.39M	1,841.28M	2,942.29M

Valuation Measures

Mar 2020
PER	--
ROA	-3.83%
ROE	-19.58%
Operating margin	-1.06%
Profit margin	-4.62%

Key executives

Chief Executive Officer, Director & MD: Günter Karl Butschek
President & Chief Human Resources Officer: Ravindra Kumar G.P
Group Chief Financial Officer: P. B. Balaji
Chief Technology Officer: Rajendra Petkar
Secretary & Chief Compliance Officer: Hoshang K. Sethna

Shareholders

Tata Sons Pvt Ltd. (41.9%)
Life Insurance Corp of India (4.7%)
GIC Pte Ltd. (Investment Management) (1.9%)
Nippon Life India Asset Management Ltd. (Invt Mgmt) (1.7%)
Dimensional Fund Advisors LP (1.4%)
The Vanguard Group, Inc. (1.1%)
SBI Funds Management Pvt Ltd. (1.1%)
BlackRock Fund Advisors (1.0%)
Franklin Templeton Asset Management (India) Pvt Ltd. (0.8%)
ICICI Prudential Life Insurance Co. Ltd. (Invt Port) (0.8%)

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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Competitors

Volkswagen AG Pref
Toyota Motor Corp.
Daimler AG
Nissan Motor Co., Ltd.
Bayerische Motoren Werke AG
AUDI AG
Volvo AB Class B
Tesla Inc
Great Wall Motor Co., Ltd. Class H
PACCAR Inc
Faurecia SA
TRATON SE
KAMAZ PTC
Deutsch Motors Inc.
Carasso Motors Ltd
China Auto Logistics, Inc.
Delek Automotive Systems Ltd.

Last Updated on 2 Jul, 2020