Tata Investment Corporation Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Tata Investment Corporation Ltd?

Tata Investment Corporation Ltd is trading at 704.00 as of 26 April 2026, with a FY2026-2027 high of 1,185 and low of 539. The stock is currently in the middle of its 52-week range. Market cap stands at 35,627 Cr..

Q: Is Tata Investment Corporation Ltd financially healthy?

Key indicators: ROCE of 1.57 % is on the lower side. Dividend yield is 0.38 %.

Q: Is Tata Investment Corporation Ltd profitable and how is the profit trend?

Tata Investment Corporation Ltd reported a net profit of 312 Cr in Mar 2025 on revenue of 306 Cr. Compared to 214 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹549.41Overvalued by 21.96%vs CMP ₹704.00

P/E (82.2) × ROE (1.4%) × BV (₹578.00) × DY (0.38%)

₹283.35Overvalued by 59.75%vs CMP ₹704.00

MoS: -148.5% (Negative)Confidence: 68/100 (Moderate)Models: All 9: Overvalued

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹625.03	23%	Over (-11.2%)
Graham Number	Earnings	₹323.76	16%	Over (-54%)
Earnings Power	Earnings	₹51.73	11%	Over (-92.7%)
DCF	Cash Flow	₹155.57	14%	Over (-77.9%)
Net Asset Value	Assets	₹628.18	7%	Over (-10.8%)
EV/EBITDA	Enterprise	₹63.79	9%	Over (-90.9%)
Earnings Yield	Earnings	₹80.60	7%	Over (-88.6%)
ROCE Capital	Returns	₹49.73	7%	Over (-92.9%)
Revenue Multiple	Revenue	₹9.07	5%	Over (-98.7%)
Consensus (9 models)		₹283.35	100%	Overvalued

Key Drivers: ROE 1.4% is below cost of equity. | Wide model spread (₹9–₹628) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 13.8%

*Investments are subject to market risks

Analyst Summary

Tata Investment Corporation Ltd operates in the Finance & Investments segment, current market price is ₹704.00, market cap is 35,627 Cr.. At a glance, stock P/E is 82.2, ROE is 1.44 %, ROCE is 1.57 %, book value is 578, dividend yield is 0.38 %. The latest intrinsic value estimate is ₹283.35, around 59.8% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹306 Cr versus the prior period change of -20.5%, while latest net profit is about ₹312 Cr with a prior-period change of -19.0%. The 52-week range shown on this page is 1,185/539, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisTata Investment Corporation Ltd. is a Public Limited Listed company incorporated on 05/03/1937 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Numb…

This summary is generated from the stock page data available for Tata Investment Corporation Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Tata Investment Corporation Ltd scores 60/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health58/100 · Moderate

ROCE 1.6% WeakROE 1.4% WeakD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money60/100 · Moderate

FII holding up 0.08% (6mo) Slight increasePromoter holding at 73.4% StableShareholders up 48% Retail surge

Earnings Quality60/100 · Moderate

OPM stable around 89% SteadyWorking capital: -23 days (improving) Efficient

Quarterly Momentum78/100 · Strong

Revenue (4Q): +8% YoY GrowingProfit (4Q): +21% YoY PositiveOPM: 82.0% (up 229.0% YoY) Margin expansion

Industry Rank40/100 · Moderate

P/E 82.2 vs industry 124.9 Cheaper than peersROCE 1.6% vs industry 21.3% Below peersROE 1.4% vs industry 13.8% Below peers3Y sales CAGR: 6% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 25, 2026, 10:39 pm

Market Cap	35,627 Cr.
Current Price	704
Intrinsic Value	₹283.35
High / Low	1,185/539
Stock P/E	82.2
Book Value	578
Dividend Yield	0.38 %
ROCE	1.57 %
ROE	1.44 %
Face Value	1.00
PEG Ratio	5.97

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Tata Investment Corporation Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Tata Investment Corporation Ltd	35,627 Cr.	704	1,185/539	82.2	578	0.38 %	1.57 %	1.44 %	1.00
Mahindra & Mahindra Financial Services Ltd	40,921 Cr.	294	412/236	13.9	192	2.21 %	8.72 %	12.3 %	2.00
Anand Rathi Wealth Ltd	29,729 Cr.	3,581	3,735/1,637	76.0	123	0.36 %	57.5 %	45.3 %	5.00
ICICI Securities Ltd	29,149 Cr.	896	/	17.4	170	0.00 %	18.2 %	41.8 %	5.00
360 ONE WAM Ltd	42,238 Cr.	1,040	1,274/862	34.7	242	1.15 %	12.1 %	14.4 %	1.00
Industry Average	6,963.82 Cr	1,284.20		124.91	4,364.68	0.39%	21.30%	13.80%	7.23

All Competitor Stocks of Tata Investment Corporation Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	38	31	152	124	51	57	142	142	4	16	145	154	58
Expenses	6	8	9	10	6	8	12	9	9	9	11	10	10
Operating Profit	32	22	143	114	44	49	131	133	-5	7	134	144	48
OPM %	84%	73%	94%	92%	87%	86%	92%	94%	-147%	45%	92%	93%	82%
Other Income	11	7	14	13	17	23	25	23	26	29	35	25	34
Interest	3	5	5	5	1	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	1	1	1	1
Profit before tax	39	24	152	122	60	72	156	156	21	36	168	167	81
Tax %	11%	18%	3%	-1%	11%	16%	16%	21%	5%	-5%	13%	12%	7%
Net Profit	35	20	148	124	53	60	131	124	20	38	146	148	75
EPS in Rs	0.68	0.40	2.90	2.46	1.05	1.20	2.59	2.44	0.39	0.75	2.89	2.93	1.49

Last Updated: February 6, 2026, 12:16 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: April 1, 2026, 1:30 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	218	229	247	270	158	177	144	163	254	277	385	306	374
Expenses	16	17	19	32	19	30	42	20	25	32	33	39	41
Operating Profit	202	213	229	237	139	147	102	144	229	246	352	267	333
OPM %	93%	93%	92%	88%	88%	83%	71%	88%	90%	88%	91%	87%	89%
Other Income	2	0	0	0	8	0	0	25	18	36	65	103	123
Interest	0	0	0	0	0	0	0	0	0	8	11	0	0
Depreciation	0	0	0	0	0	0	1	1	1	1	1	2	4
Profit before tax	204	213	229	237	147	147	101	167	246	272	406	368	452
Tax %	14%	14%	14%	16%	11%	9%	11%	8%	13%	8%	5%	15%
Net Profit	186	186	194	200	131	134	90	155	214	252	385	312	408
EPS in Rs	3.38	3.37	3.53	3.64	2.38	2.64	1.79	3.04	4.23	4.98	7.61	6.17	8.06
Dividend Payout %	50%	50%	48%	49%	84%	76%	101%	79%	130%	96%	37%	44%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	0.00%	4.30%	3.09%	-34.50%	2.29%	-32.84%	72.22%	38.06%	17.76%	52.78%	-18.96%
Change in YoY Net Profit Growth (%)	0.00%	4.30%	-1.21%	-37.59%	36.79%	-35.13%	105.06%	-34.16%	-20.31%	35.02%	-71.74%

Tata Investment Corporation Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	3%
5 Years:	16%
3 Years:	6%
TTM:	-18%

Compounded Profit Growth
10 Years:	5%
5 Years:	28%
3 Years:	13%
TTM:	-11%

Stock Price CAGR
10 Years:	29%
5 Years:	53%
3 Years:	55%
1 Year:	-7%

Return on Equity
10 Years:	2%
5 Years:	1%
3 Years:	1%
Last Year:	1%

Last Updated: September 5, 2025, 4:05 am

Balance Sheet

Last Updated: December 10, 2025, 2:39 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	55	55	55	55	55	51	51	51	51	51	51	51	51
Reserves	2,096	2,178	2,257	2,463	8,247	7,874	8,007	14,188	19,625	19,521	29,915	31,040	31,739
Borrowings	0	0	0	0	0	0	0	0	0	240	0	0	0
Other Liabilities	123	125	14	19	1,564	1,554	122	647	1,314	1,277	2,905	3,751	3,946
Total Liabilities	2,274	2,358	2,326	2,537	9,866	9,478	8,179	14,886	20,990	21,089	32,870	34,842	35,736
Fixed Assets	14	14	14	14	14	14	15	14	16	15	14	174	172
CWIP	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments	2,212	2,302	2,259	2,480	9,816	9,432	8,128	14,836	20,893	21,009	32,485	34,626	35,420
Other Assets	48	43	53	44	37	33	37	36	82	65	371	41	143
Total Assets	2,274	2,358	2,326	2,537	9,866	9,478	8,179	14,886	20,990	21,089	32,870	34,842	35,736

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	92	90	68	67	92	117	86	122	230	235	206	279
Cash from Investing Activity +	18	146	-78	41	496	12	3	4	-189	366	-166	-148
Cash from Financing Activity +	-110	-225	-1	-119	-584	-123	-95	-122	-47	-495	-143	-138
Net Cash Flow	1	11	-11	-12	4	7	-6	4	-6	106	-102	-6
Free Cash Flow	92	89	67	67	92	117	86	122	229	235	205	279
CFO/OP	58%	53%	45%	82%	94%	133%	68%	78%	118%	82%	116%	92%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	202.00	213.00	229.00	237.00	139.00	147.00	102.00	144.00	229.00	6.00	352.00	267.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	3	1	0	0	33	8	3	-0	78	14	5	-0
Inventory Days
Days Payable
Cash Conversion Cycle	3	1	0	0	33	8	3	-0	78	14	5	-0
Working Capital Days	-146	-150	43	11	33	-6	-14	-8	55	3	-8	-23
ROCE %	10%	10%	10%	10%	3%	2%	1%	2%	1%	1%	2%	1%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	73.38%	73.38%	73.38%	73.38%	73.38%	73.38%	73.38%	73.38%	73.38%	73.38%	73.38%	73.38%
FIIs	1.02%	1.16%	1.12%	1.20%	2.25%	2.35%	2.26%	2.24%	2.46%	2.54%	2.69%	2.54%
DIIs	0.43%	0.43%	0.44%	0.45%	0.46%	0.48%	0.50%	0.52%	0.53%	0.53%	0.53%	0.53%
Government	0.49%	0.49%	0.49%	0.49%	0.49%	0.49%	0.49%	0.49%	0.49%	0.49%	0.49%	0.41%
Public	24.66%	24.52%	24.56%	24.48%	23.41%	23.30%	23.35%	23.35%	23.12%	23.05%	22.89%	23.12%
No. of Shareholders	92,620	92,424	95,562	1,14,270	1,48,291	1,56,353	1,57,260	1,58,767	1,59,543	1,55,346	1,64,657	2,43,441

Shareholding Pattern Chart

No. of Shareholders

Tata Investment Corporation Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund	4,331	0.11	0.27	4,246	2026-02-23 03:44:00	2%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	61.68	76.09	49.78	42.34	30.44
Diluted EPS (Rs.)	61.68	76.09	49.78	42.34	30.44
Cash EPS (Rs.)	41.66	63.49	42.90	39.04	25.84
Book Value[Excl.RevalReserv]/Share (Rs.)	6144.99	5922.51	3868.67	3889.25	2814.66
Book Value[Incl.RevalReserv]/Share (Rs.)	6144.99	5922.51	3868.67	3889.25	2814.66
Revenue From Operations / Share (Rs.)	60.30	75.72	54.78	50.17	32.24
PBDIT / Share (Rs.)	52.84	69.77	48.59	45.27	28.39
PBIT / Share (Rs.)	52.51	69.59	48.40	45.09	28.22
PBT / Share (Rs.)	52.48	67.46	46.77	45.08	28.20
Net Profit / Share (Rs.)	41.34	63.31	42.71	38.86	25.68
NP After MI And SOA / Share (Rs.)	61.68	76.09	49.78	42.34	30.43
PBDIT Margin (%)	87.63	92.14	88.69	90.23	88.03
PBIT Margin (%)	87.08	91.89	88.34	89.87	87.51
PBT Margin (%)	87.03	89.08	85.37	89.84	87.46
Net Profit Margin (%)	68.55	83.60	77.96	77.45	79.62
NP After MI And SOA Margin (%)	102.29	100.48	90.87	84.39	94.38
Return on Networth / Equity (%)	1.00	1.28	1.28	1.08	1.08
Return on Capital Employeed (%)	0.76	1.07	1.16	1.08	0.95
Return On Assets (%)	0.89	1.17	1.19	1.02	1.03
Long Term Debt / Equity (X)	0.00	0.00	0.01	0.00	0.00
Total Debt / Equity (X)	0.00	0.00	0.01	0.00	0.00
Asset Turnover Ratio (%)	0.01	0.01	0.01	0.01	0.01
Current Ratio (X)	1438.13	1732.97	1606.92	978.32	1472.00
Quick Ratio (X)	1438.13	1732.97	1606.92	978.32	1472.00
Dividend Payout Ratio (NP) (%)	45.39	63.08	110.48	56.67	59.14
Dividend Payout Ratio (CP) (%)	45.15	62.93	110.06	56.43	58.82
Earning Retention Ratio (%)	54.61	36.92	-10.48	43.33	40.86
Cash Earning Retention Ratio (%)	54.85	37.07	-10.06	43.57	41.18
Interest Coverage Ratio (X)	1673.00	32.75	29.78	2506.17	1633.86
Interest Coverage Ratio (Post Tax) (X)	1309.77	30.71	27.18	2152.09	1478.91
Enterprise Value (Cr.)	31934.23	31242.53	9041.51	6847.37	5220.36
EV / Net Operating Revenue (X)	104.67	81.55	32.62	26.97	32.00
EV / EBITDA (X)	119.45	88.50	36.78	29.89	36.35
MarketCap / Net Operating Revenue (X)	104.73	82.44	31.89	27.02	32.12
Retention Ratios (%)	54.60	36.91	-10.48	43.32	40.85
Price / BV (X)	1.03	1.05	0.45	0.34	0.36
Price / Net Operating Revenue (X)	104.73	82.44	31.89	27.02	32.12
EarningsYield	0.01	0.01	0.02	0.03	0.02

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Tata Investment Corporation Ltd. is a Public Limited Listed company incorporated on 05/03/1937 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L67200MH1937PLC002622 and registration number is 002622. Currently Company is involved in the business activities of Trusts, funds and other financial vehicles. Company's Total Operating Revenue is Rs. 420.21 Cr. and Equity Capital is Rs. 50.60 Cr. for the Year ended 31/03/2026.

INDUSTRY	ADDRESS	CONTACT
Finance & Investments	Elphinstone Building, 10 Veer Nariman Road, Mumbai Maharashtra 400001	Contact not found

Management
Name	Position Held
Mr. N N Tata	Chairman
Mr. F N Subedar	Vice Chairman
Mr. A N Dalal	Managing Director
Mr. Jayesh Merchant	Director
Mr. Suprakash Mukhopadhyay	Director
Mrs. Alice Vaidyan	Director
Mr. Rajiv Dube	Director
Mr. V Chandrasekaran	Director
Mr. Bahram Vakil	Director

FAQ

What is the intrinsic value of Tata Investment Corporation Ltd and is it undervalued?

As of 26 April 2026, Tata Investment Corporation Ltd's intrinsic value is ₹283.35, which is 59.75% lower than the current market price of ₹704.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (1.44 %), book value (₹578), dividend yield (0.38 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Tata Investment Corporation Ltd?

Tata Investment Corporation Ltd is trading at ₹704.00 as of 26 April 2026, with a FY2026-2027 high of ₹1,185 and low of ₹539. The stock is currently in the middle of its 52-week range. Market cap stands at ₹35,627 Cr..

How does Tata Investment Corporation Ltd's P/E ratio compare to its industry?

Tata Investment Corporation Ltd has a P/E ratio of 82.2, which is below the industry average of 124.91. This is broadly in line with or below the industry average.

Is Tata Investment Corporation Ltd financially healthy?

Key indicators for Tata Investment Corporation Ltd: ROCE of 1.57 % is on the lower side compared to the industry average of 21.30%; ROE of 1.44 % is below ideal levels (industry average: 13.80%). Dividend yield is 0.38 %.

Is Tata Investment Corporation Ltd profitable and how is the profit trend?

Tata Investment Corporation Ltd reported a net profit of ₹312 Cr in Mar 2025 on revenue of ₹306 Cr. Compared to ₹214 Cr in Mar 2022, the net profit shows an improving trend.

Does Tata Investment Corporation Ltd pay dividends?

Tata Investment Corporation Ltd has a dividend yield of 0.38 % at the current price of ₹704.00. The company pays dividends, though the yield is modest.