Tata Motors Ltd.

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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 2019	INR	USD
Revenue	3,088.94B	44,163.95M
Gross Profit	432,003.80M	6,176.53M
Operating income	76,057M	1,087.41M
Income before tax	-313,711.50M	-4,485.26M
Net income	-288,262.30M	-4,121.40M
EBITDA	311,963.30M	4,460.26M
Diluted EPS	-84.25	-1.20
Dividends Per Share	0	0
Total Assets	3,071.94B	44,344.21M
Total liabilities	2,434.72B	35,145.78M
Total equity	601,795.60M	8,687.05M
Operating cash flow	128,784.40M	1,841.28M
	Currency in INR	Currency in USD

Historical Data

INR | USD

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019
Revenue	2,607.34B	2,716.80B	2,584.35B	2,824.12B	3,088.94B
Gross Profit	621,492.40M	533,514.20M	366,669.70M	319,994.80M	432,003.80M
Operating income	238,275M	213,025.10M	43,203M	-12,061.50M	76,057M
Income before tax	217,025.60M	141,257.70M	93,147.90M	111,550.30M	-313,711.50M
Net income	139,862.90M	115,793.10M	74,543.60M	89,889.10M	-288,262.30M
EBITDA	372,161.30M	380,132.90M	222,252.90M	203,474.40M	311,963.30M
Diluted EPS	42.97	34	21.78	26.27	-84.25
Dividends Per Share	0	0.20	0	0	0
Total Assets	2,386.58B	2,671.41B	2,737.54B	3,313.50B	3,071.94B
Total liabilities	1,819.62B	1,877.55B	2,152.39B	2,353.97B	2,434.72B
Total equity	562,619.30M	789,524.20M	580,618.90M	954,279.10M	601,795.60M
Operating cash flow	296,536.30M	329,725.30M	261,207.90M	209,346.60M	128,784.40M

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019
Revenue	42,643.04M	41,496.34M	38,539.61M	43,808.00M	44,163.95M
Gross Profit	10,164.49M	8,148.88M	5,468.02M	4,963.77M	6,176.53M
Operating income	3,896.98M	3,253.74M	644.27M	-187.09M	1,087.41M
Income before tax	3,549.44M	2,157.56M	1,389.08M	1,730.37M	-4,485.26M
Net income	2,287.45M	1,768.62M	1,111.64M	1,394.36M	-4,121.40M
EBITDA	6,086.69M	5,806.14M	3,314.38M	3,156.30M	4,460.26M
Diluted EPS	0.70	0.51	0.32	0.40	-1.20
Dividends Per Share	0	0.00	0	0	0
Total Assets	38,135.70M	40,339.93M	42,158.21M	50,803.72M	44,344.21M
Total liabilities	29,076.23M	28,352.28M	33,146.88M	36,091.90M	35,145.78M
Total equity	8,990.22M	11,922.29M	8,941.54M	14,631.31M	8,687.05M
Operating cash flow	4,849.84M	5,036.21M	3,895.30M	3,247.39M	1,841.28M

Valuation Measures

Mar 2019
PER	--
ROA	-9.02%
ROE	-37.04%
Operating margin	2.46%
Profit margin	-9.33%

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 Ltd. (41.9%)
Life Insurance Corp of India (4.7%)
Reliance Nippon Life Asset Management Ltd. (Invt Mgmt) (3.3%)
GIC Pte Ltd. (Investment Management) (1.9%)
Dimensional Fund Advisors LP (1.5%)
BlackRock Fund Advisors (1.3%)
SBI Funds Management Pvt Ltd. (1.2%)
The Vanguard Group, Inc. (1.1%)
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
PACCAR Inc
S & T Motiv Co., Ltd.
TRATON SE
KAMAZ PTC
Deutsch Motors Inc.
Carasso Motors Ltd
China Auto Logistics, Inc.
Delek Automotive Systems Ltd.

Last Updated on 27 Mar, 2020