Tata Motors share price
NSE: TMCVBSE: 544569Agricultural, Commercial & Construction VehiclesLarge Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹414.25.
- Next results date: the board meets on 23 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,45,838 Cr54th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 12 Aug 2026
- 34.8
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹1,497 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 25.6
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 13 May 2026
- 11.5
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.01%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the latest balance sheet's; the one a year before is not on record. The filing of 12 Aug 2026
- 32.9%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹1,497 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 44.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 12 Aug 2026
- 39.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.38
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 81,28,99550.5% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Sep 2026, against the quarter beforeFiled 23 Oct
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹25,338 Crup 22.60%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,254 Crdown 50.94%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 4.9%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Jun 2025Filed 13 Nov | Sep 2025Filed 13 Nov | Dec 2025Filed 29 Jan | Mar 2026Filed 13 May | Jun 2026Filed 12 Aug | Sep 2026Filed 23 Oct |
|---|---|---|---|---|---|---|
| Revenue | 17,324 | 18,585 | 21,847 | 26,098 | 20,667 | 25,338 |
| Net profit | 1,397 | −867 | 705 | 1,793 | 2,556 | 1,254 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 8.1% | −4.7% | 3.2% | 6.9% | 12.4% | 4.9% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Commercial VehicleCommercial Vehicle, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹82,611 Cr98.8%
- OthersOthers, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹968 Cr1.2%
Valuation
Today, against the company's own history.PE ratio and valuation history
At or below today's level on 10% of 233 trading days since Nov 2025.
At or below today's level on 99.6% of 235 trading days since Nov 2025.
Mutual funds holding it
300 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 100 of the 138 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 3 more funds filed their first portfolio on record, holding it.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 15
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 74
- CutCut. Funds that held fewer shares than at the end of the month before.
- 64
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 143
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 13
| Fund | |||
|---|---|---|---|
 SBI Large Cap FundSBI Mutual Fund | 3,80,00,000 | 3.06% | ₹1,602.3 Cr |
| SBI Large & Midcap FundSBI Mutual Fund | 2,13,32,552 | 2.22% | ₹899.5 Cr |
 ICICI Prudential India Opportunities FundICICI Prudential Mutual Fund | 1,99,11,142 | 2.30% | ₹839.6 Cr |
| ICICI Prudential Value FundICICI Prudential Mutual Fund | 1,94,49,005 | 1.43% | ₹820.1 Cr |
 HDFC Large Cap FundHDFC Mutual Fund | 1,71,56,512 | 1.94% | ₹723.4 Cr |
| ICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund | 1,66,83,660 | 0.98% | ₹703.5 Cr |
| ICICI Prudential Multi Asset Allocation FundICICI Prudential Mutual Fund | 1,40,48,989 | 0.70% | ₹592.4 Cr |
| SBI Contra FundSBI Mutual Fund | 1,23,94,339 | 1.16% | ₹522.6 Cr |
| ICICI Prudential Large Cap FundICICI Prudential Mutual Fund | 1,16,15,020 | 0.64% | ₹489.7 Cr |
| SBI Balanced Advantage FundSBI Mutual Fund | 1,05,67,226 | 1.10% | ₹445.6 Cr |
Peers and competitors
Agricultural, Commercial & Construction Vehicles, 16 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Tata Motors in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Ashok LeylandASHOKLEY | 85,142 | 24.5 | 6.0 | 12.6 | +16.5% | +8.3% | 26.3% | 11.9% | 2.41% |
 Escorts KubotaESCORTS | 29,390 | 21.3 | 2.4 | 18.7 | +18.0% | −41.4% | 12.2% | 10.2% | 1.94% |
 BEMLBEML | 15,419 | 86.5 | 5.3 | 44.8 | +12.8% | −40.4% | 6.1% | 8.1% | 0.92% |
 Action Construction EquipmentACE | 11,910 | 27.3 | 5.9 | 22.4 | +5.2% | +3.3% | 24.1% | 24.5% | 0.20% |
 SML MahindraSMLMAH | 7,009 | 47.7 | 12.5 | 27.0 | +22.4% | +3.9% | 29.3% | 35.0% | 0.49% |
 Ajax EngineeringAJAXENGG | 6,303 | 27.7 | 4.5 | 23.3 | – | – | 17.9% | 18.2% | 0.00% |
 V.S.T Tillers TractorsVSTTILLERS | 3,372 | 31.0 | 3.1 | 19.7 | +17.0% | −5.0% | 10.4% | 13.2% | 0.64% |
 TILTIL | 1,652 | – | – | – | +21.3% | – | −31.8% | 2.1% | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.| Ex-date | Type | Per share |
|---|---|---|
| 12 Jun 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹4.00 |
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
13 Oct · Compliances-Half Yearly Communication - Debt Instruments
6 Oct · General Updates
Tata Motors share price by year
Each calendar year to 2025.Tata Motors share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 415.50 | – | 426.10 | 317.60 |
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 410.00 | 412.70 | 391.10 | 396.00 | 397.54 | 81,28,995 | 50.5% |
| 22 Oct 2026 | 412.20 | 416.40 | 408.95 | 414.25 | 412.99 | 46,73,290 | 51.4% |
| 21 Oct 2026 | 418.90 | 420.50 | 405.00 | 417.50 | 413.84 | 54,15,579 | 47.9% |
| 19 Oct 2026 | 418.00 | 421.20 | 415.00 | 418.75 | 418.48 | 21,92,941 | 45.5% |
| 16 Oct 2026 | 422.65 | 423.10 | 415.05 | 421.05 | 419.89 | 36,34,220 | 42.3% |
| 15 Oct 2026 | 414.95 | 424.00 | 408.40 | 422.80 | 418.34 | 46,94,404 | 42.2% |
| 14 Oct 2026 | 415.95 | 418.85 | 411.95 | 415.25 | 415.80 | 53,55,874 | 49.7% |
| 13 Oct 2026 | 404.95 | 419.15 | 401.05 | 416.95 | 413.34 | 68,70,386 | 45.1% |
| 12 Oct 2026 | 413.65 | 417.25 | 402.50 | 404.50 | 408.93 | 55,78,370 | 52.8% |
| 9 Oct 2026 | 415.00 | 419.00 | 408.60 | 410.30 | 413.24 | 45,93,192 | 53.0% |
About Tata Motors
Tata Motors Limited makes commercial vehicles in India. Its trucks, buses and passenger carriers serve businesses, transporters and entrepreneurs. The company also sells spare parts, genuine parts and automotive fluids, and runs digital platforms for fleet operators, including a telematics platform and a marketplace for commercial vehicle transactions.
The company's operating segments are the automotive segment and others. Its vehicle range covers heavy commercial vehicles, intermediate, light and medium commercial vehicles, and small commercial vehicles and pickups. It has organised itself into eight verticals. Its smart city mobility subsidiary has deployed over 3,800 electric buses. Other group companies include Tata Motors Body Solutions Limited and Tata Daewoo Mobility Company Limited, and Tata Cummins Private Limited is a joint operation.
The company makes vehicles at plants in Jamshedpur, Pantnagar, Dharwad, Lucknow and Pune. Its international business sells vehicles in more than 40 countries, and has won orders in Southeast Asia, Africa and the Middle East. Its electric range includes the Prima E55.S truck and the Intra EV pickup.
It was incorporated on 23 June 2024. Until the demerger, the commercial vehicles business belonged to Tata Motors Passenger Vehicles Limited. A court-approved scheme of arrangement moved that business into the company with effect from October 2025, and the company's shares began trading on BSE and NSE on 12 November 2025. The company is part of the Tata Group.
- Legal name
- Tata Motors Limited
- NSE symbol
- TMCV
- BSE code
- 544569
- ISIN
- INE1TAE01010
- Industry
- Agricultural, Commercial & Construction Vehicles
- Listed
- Nov 2025
- Face value
- ₹2
- CIN
- U29102MH2024PLC427506
- Corporate identity number, the registrar of companies' code for it