Tata Motors Ltd: Intrinsic Value & Share Price Analysis

Q: What is the intrinsic value of Tata Motors Ltd and is it undervalued?

As of 24 April 2026, Tata Motors Ltd's intrinsic value is 968.21, which is 140.85% higher than the current market price of 402.00, suggesting the stock is undervalued. Calculated using the PE ratio method factoring in ROE (28.1 %), book value (316), dividend yield (1.49 %), and 5-year EPS CAGR.

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

Tata Motors Ltd is trading at 402.00 as of 24 April 2026, with a FY2026-2027 high of 538 and low of 324. The stock is currently in the middle of its 52-week range. Market cap stands at 1,47,974 Cr..

Q: Is Tata Motors Ltd financially healthy?

Key indicators: ROCE of 20.0 % indicates efficient capital utilization. Dividend yield is 1.49 %.

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

Tata Motors Ltd reported a net profit of 28,149 Cr in Mar 2025 on revenue of 439,695 Cr. Compared to -11,309 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹493.13Undervalued by 22.67%vs CMP ₹402.00

P/E (6.8) × ROE (28.1%) × BV (₹316.00) × DY (1.49%)

₹968.21Undervalued by 140.85%vs CMP ₹402.00

MoS: +58.5% (Strong)Confidence: 54/100 (Moderate)Models: 6 Under, 2 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹1,220.55	26%	Under (+203.6%)
Graham Number	Earnings	₹639.06	16%	Under (+59%)
Earnings Power	Earnings	₹360.66	13%	Over (-10.3%)
DCF	Cash Flow	₹1,238.27	13%	Under (+208%)
Net Asset Value	Assets	₹315.53	8%	Over (-21.5%)
EV/EBITDA	Enterprise	₹1,937.49	10%	Under (+382%)
Earnings Yield	Earnings	₹574.40	8%	Under (+42.9%)
Revenue Multiple	Revenue	₹1,194.52	6%	Under (+197.1%)
Consensus (8 models)		₹968.21	100%	Undervalued

Key Drivers: EPS CAGR 147.5% lifts DCF — verify sustainability. | Wide model spread (₹316–₹1,937) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 147.5%

*Investments are subject to market risks

Analyst Summary

Tata Motors Ltd operates in the Auto - LCVs/HCVs segment, NSE: TATAMOTORS | BSE: 500570, current market price is ₹402.00, market cap is 1,47,974 Cr.. At a glance, stock P/E is 6.84, ROE is 28.1 %, ROCE is 20.0 %, book value is 316, dividend yield is 1.49 %. The latest intrinsic value estimate is ₹968.21, which is about 140.8% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹439,695 Cr versus the prior period change of 1.3%, while latest net profit is about ₹28,149 Cr with a prior-period change of -11.5%. The 52-week range shown on this page is 538/324, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisTata Motors Ltd. is a Public Limited Listed company incorporated on 23/06/2024 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is U2910…

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

Investment Snapshot

Tata Motors Ltd scores 60/100 (Average)

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

Stock Health71/100 · Strong

ROCE 20.0% GoodROE 28.1% ExcellentD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 3/5 years Mixed

Smart Money45/100 · Moderate

FII holding down -3.37% (6mo) SellingDII holding up 0.85% MF buyingPromoter holding at 42.6% Stable

Earnings Quality75/100 · Strong

OPM expanding (9% → 13%) ImprovingWorking capital: -62 days (improving) Efficient

Quarterly Momentum30/100 · Weak

Revenue (4Q): -1% YoY FlatProfit (4Q): -45% YoY DecliningOPM: 10.0% (down 4.0% YoY) Margin pressure

Industry Rank65/100 · Strong

P/E 6.8 vs industry 31.0 Cheaper than peersROCE 20.0% vs industry 22.4% Average3Y sales CAGR: 16% Moderate

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: October 22, 2025, 3:44 am

Market Cap	1,47,974 Cr.
Current Price	402
Intrinsic Value	₹968.21
High / Low	538/324
Stock P/E	6.84
Book Value	316
Dividend Yield	1.49 %
ROCE	20.0 %
ROE	28.1 %
Face Value	2.00
PEG Ratio	0.05

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Tata Motors Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Tata Motors Ltd	1,47,974 Cr.	402	538/324	6.84	316	1.49 %	20.0 %	28.1 %	2.00
Ashok Leyland Ltd	87,585 Cr.	149	215/95.2	24.3	21.4	2.10 %	14.3 %	28.8 %	1.00
Force Motors Ltd	27,318 Cr.	20,733	26,486/7,860	28.5	2,661	0.19 %	30.0 %	20.8 %	10.0
Olectra Greentech Ltd	8,420 Cr.	1,026	1,714/867	58.9	137	0.04 %	20.5 %	14.3 %	4.00
SML Mahindra Ltd (SML ISUZU Ltd)	5,744 Cr.	3,970	5,348/1,442	36.2	307	0.45 %	27.1 %	36.4 %	10.0
Industry Average	55,408.20 Cr	5,256.00		30.95	688.48	0.85%	22.38%	25.68%	5.40

All Competitor Stocks of Tata Motors Ltd

Quarterly Result

Metric	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025
Sales	71,935	79,611	88,489	105,932	102,236	105,129	110,577	119,033	107,102	101,450	112,608	119,503	104,407
Expenses	69,522	74,039	77,668	92,818	89,019	91,362	95,159	102,348	91,854	89,291	100,185	102,685	94,183
Operating Profit	2,413	5,572	10,820	13,114	13,217	13,767	15,418	16,685	15,248	12,159	12,423	16,818	10,224
OPM %	3%	7%	12%	12%	13%	13%	14%	14%	14%	12%	11%	14%	10%
Other Income	2,381	1,351	1,130	1,453	895	1,557	1,604	1,412	6,553	1,647	1,700	1,057	1,595
Interest	2,421	2,487	2,676	2,642	2,615	2,652	2,485	1,645	1,471	2,034	1,119	1,076	938
Depreciation	5,841	5,897	6,072	7,050	6,633	6,637	6,850	7,143	6,565	6,005	5,399	5,295	5,320
Profit before tax	-3,468	-1,461	3,203	4,875	4,864	6,035	7,687	9,309	13,765	5,767	7,605	11,504	5,561
Tax %	44%	-31%	8%	-13%	32%	36%	7%	-88%	23%	40%	28%	26%	28%
Net Profit	-4,951	-898	3,043	5,496	3,301	3,832	7,145	17,528	10,587	3,450	5,485	8,556	4,003
EPS in Rs	-15.08	-2.84	8.91	16.28	9.64	11.33	21.14	52.37	31.63	9.08	14.69	23.01	10.66

Last Updated: August 20, 2025, 10:55 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 15, 2025, 5:22 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	232,834	263,159	273,046	269,693	291,550	301,938	261,068	249,795	278,454	345,967	434,016	439,695	437,968
Expenses	197,980	223,920	234,650	240,104	260,093	277,274	243,081	217,507	253,734	314,151	376,192	384,479	386,344
Operating Profit	34,853	39,239	38,395	29,589	31,458	24,664	17,987	32,287	24,720	31,816	57,824	55,216	51,624
OPM %	15%	15%	14%	11%	11%	8%	7%	13%	9%	9%	13%	13%	12%
Other Income	-157	714	-2,670	1,869	5,933	-26,686	102	-11,118	2,424	6,664	4,792	11,774	5,999
Interest	4,749	4,861	4,889	4,238	4,682	5,759	7,243	8,097	9,312	10,225	7,594	5,083	5,167
Depreciation	11,078	13,389	16,711	17,905	21,554	23,591	21,425	23,547	24,836	24,860	27,239	23,256	22,019
Profit before tax	18,869	21,703	14,126	9,315	11,155	-31,371	-10,580	-10,474	-7,003	3,394	27,783	38,651	30,437
Tax %	25%	35%	21%	35%	39%	-8%	4%	24%	60%	21%	-14%	27%
Net Profit	14,050	14,073	11,678	7,557	9,091	-28,724	-11,975	-13,395	-11,309	2,690	31,807	28,149	21,494
EPS in Rs	48.46	48.44	40.11	25.82	31.13	-99.84	-39.08	-40.51	-34.45	7.27	94.47	75.60	57.44
Dividend Payout %	5%	0%	1%	0%	0%	0%	0%	0%	0%	32%	7%	8%

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 (%)	0.16%	-17.02%	-35.29%	20.30%	-415.96%	58.31%	-11.86%	15.57%	123.79%	1082.42%	-11.50%
Change in YoY Net Profit Growth (%)	0.00%	-17.18%	-18.27%	55.59%	-436.26%	474.27%	-70.17%	27.43%	108.21%	958.63%	-1093.92%

Tata Motors 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:	5%
5 Years:	11%
3 Years:	16%
TTM:	-1%

Compounded Profit Growth
10 Years:	7%
5 Years:	37%
3 Years:	65%
TTM:	-37%

Stock Price CAGR
10 Years:	8%
5 Years:	36%
3 Years:	15%
1 Year:	-36%

Return on Equity
10 Years:	10%
5 Years:	17%
3 Years:	30%
Last Year:	28%

Last Updated: September 5, 2025, 4:00 am

Balance Sheet

Last Updated: June 16, 2025, 12:09 pm

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
Equity Capital	644	644	679	679	679	679	720	766	766	766	767	736
Reserves	64,960	55,618	78,273	57,383	94,749	59,500	62,359	54,481	43,795	44,556	84,151	115,408
Borrowings	60,642	73,610	69,360	78,604	88,950	106,175	124,788	142,131	146,449	134,113	107,264	71,540
Other Liabilities	92,180	107,442	114,872	135,914	142,813	139,349	132,313	144,193	138,051	155,239	177,339	189,289
Total Liabilities	218,426	237,315	263,184	272,580	327,192	305,703	320,179	341,570	329,061	334,674	369,521	376,973
Fixed Assets	69,092	88,479	107,232	95,944	121,414	111,234	127,107	138,708	138,855	132,080	121,285	115,697
CWIP	33,263	28,640	25,919	33,699	40,034	31,884	35,622	20,964	10,251	14,274	35,698	65,806
Investments	10,687	15,337	23,767	20,338	20,813	15,771	16,308	24,620	29,380	26,379	22,971	35,656
Other Assets	105,385	104,858	106,266	122,600	144,932	146,814	141,141	157,278	150,575	161,941	189,567	159,814
Total Assets	218,426	237,315	263,184	272,580	327,192	305,703	320,179	341,570	329,061	334,674	369,521	376,973

Reserves and Borrowings Chart

Cash Flow - No data available for this post.

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	-26.00	-34.00	-31.00	-49.00	-57.00	-82.00	-107.00	-110.00	-122.00	-103.00	-50.00	-16.00

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	17	17	18	19	25	23	16	19	16	17	14	11
Inventory Days	69	67	73	77	83	73	82	83	71	66	64	63
Days Payable	146	131	138	138	151	133	145	175	141	128	126	131
Cash Conversion Cycle	-60	-47	-46	-41	-43	-38	-48	-74	-53	-45	-48	-56
Working Capital Days	-56	-62	-63	-69	-71	-78	-92	-112	-88	-63	-55	-62
ROCE %	22%	21%	15%	9%	9%	2%	-0%	6%	1%	6%	19%	20%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025
Promoters	46.40%	46.39%	46.39%	46.39%	46.38%	46.37%	46.36%	46.36%	42.58%	42.58%	42.58%	42.57%
FIIs	14.13%	13.89%	15.34%	17.72%	18.40%	18.62%	19.20%	18.18%	20.54%	18.66%	17.84%	17.17%
DIIs	14.75%	15.21%	17.69%	17.38%	17.37%	17.25%	16.01%	15.93%	16.08%	16.54%	16.88%	16.93%
Government	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.29%	0.31%	0.31%	0.31%
Public	24.58%	24.36%	20.41%	18.38%	17.70%	17.60%	18.31%	19.39%	20.49%	21.91%	22.39%	23.01%
No. of Shareholders	39,76,830	39,93,043	38,14,831	35,02,408	37,73,314	41,84,369	46,16,908	50,98,550	57,27,234	64,62,123	67,28,246	67,52,775

Shareholding Pattern Chart

No. of Shareholders

Tata Motors 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
SBI Large Cap Fund	38,000,000	3.18	1742.3	N/A	N/A	N/A
ICICI Prudential India Opportunities Fund	21,068,251	2.75	965.98	23,069,751	2026-02-23 01:21:59	-8.68%
SBI Large & Midcap Fund	20,000,000	2.45	917	N/A	N/A	N/A
ICICI Prudential Multi Asset Fund	17,533,843	1	803.93	18,242,174	2026-02-23 07:17:06	-3.88%
ICICI Prudential Value Fund	17,370,909	1.32	796.46	16,421,815	2025-12-15 02:19:27	5.78%
HDFC Large Cap Fund	17,156,512	1.99	786.63	N/A	N/A	N/A
SBI Contra Fund	12,394,339	1.17	568.28	N/A	N/A	N/A
Nippon India Large Cap Fund	12,321,495	1.13	564.94	15,316,820	2026-02-23 05:58:39	-19.56%
SBI Balanced Advantage Fund	10,567,226	1.21	484.51	8,484,500	2025-12-08 06:40:04	24.55%
Axis Large Cap Fund	9,608,301	1.36	440.54	N/A	N/A	N/A

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25
FaceValue	2.00
Basic EPS (Rs.)	-1.75
Diluted EPS (Rs.)	-1.75
Cash EPS (Rs.)	-1.57
Book Value[Excl.RevalReserv]/Share (Rs.)	0.43
Book Value[Incl.RevalReserv]/Share (Rs.)	0.43
PBDIT / Share (Rs.)	-1.57
PBIT / Share (Rs.)	-1.57
PBT / Share (Rs.)	-1.57
Net Profit / Share (Rs.)	-1.57
Return on Networth / Equity (%)	-362.96
Return on Capital Employeed (%)	-362.96
Return On Assets (%)	-78.40
Current Ratio (X)	1.28
Quick Ratio (X)	1.28

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Tata Motors Ltd. is a Public Limited Listed company incorporated on 23/06/2024 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is U29102MH2024PLC427506 and registration number is 427506. Currently company belongs to the Industry of Auto - LCVs/HCVs. Company's Total Operating Revenue is Rs. 0.00 Cr. and Equity Capital is Rs. 0.10 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Auto - LCVs/HCVs	Bombay House 24, Homi Mody Street, Mumbai Maharashtra 400001	Contact not found

Management
Name	Position Held
Mr. Natarajan Chandrasekaran	Chairman & Non-Exe.Director
Mr. Pathamadai Balachandran Balaji	Non Executive Director
Mr. Girish Arun Wagh	Managing Director & CEO
Mr. Guenter Karl Butschek	Ind. Non-Executive Director
Mr. Kosaraju Veerayya Chowdary	Ind. Non-Executive Director
Mr. Al-Noor Ramji	Ind. Non-Executive Director
Mr. Bharat Tilakraj Puri	Ind. Non-Executive Director
Ms. Varsha Vasant Purandare	Ind. Non-Executive Director

FAQ

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

As of 24 April 2026, Tata Motors Ltd's intrinsic value is ₹968.21, which is 140.85% higher than the current market price of ₹402.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (28.1 %), book value (₹316), dividend yield (1.49 %), and 5-year EPS CAGR.

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

Tata Motors Ltd is trading at ₹402.00 as of 24 April 2026, with a FY2026-2027 high of ₹538 and low of ₹324. The stock is currently in the middle of its 52-week range. Market cap stands at ₹1,47,974 Cr..

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

Tata Motors Ltd has a P/E ratio of 6.84, which is below the industry average of 30.95. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Tata Motors Ltd financially healthy?

Key indicators for Tata Motors Ltd: ROCE of 20.0 % indicates efficient capital utilization; ROE of 28.1 % shows strong shareholder returns. Dividend yield is 1.49 %.

Is Tata Motors Ltd profitable and how is the profit trend?

Tata Motors Ltd reported a net profit of ₹28,149 Cr in Mar 2025 on revenue of ₹439,695 Cr. Compared to ₹-11,309 Cr in Mar 2022, the net profit shows an improving trend.

Does Tata Motors Ltd pay dividends?

Tata Motors Ltd has a dividend yield of 1.49 % at the current price of ₹402.00. The company pays dividends, though the yield is modest.