Tata Motors Ltd
About
Tata Motors, a subsidiary of Tata Group, is a leading automotive manufacturer in India. The company was established as Tata Engineering and Locomotive Company in 1945. Tata Motors began by manufacturing railway wagons for the Railway Board. It was founded by JRD Tata and is currently spearheaded by Chairman Natarajan Chandrasekaran. The company has its headquarters in Mumbai.Tata Motors is India’s largest commercial vehicle manufacturer with a 39.1% market share. The company is the third largest passenger vehicle manufacturer. It specialises in SUVs and electric vehicles. With 3 design labs, 7 assembly facilities and over 9400 touchpoints, it offers solutions in manufacturing, design engineering, consulting and insurance. Its global footprint spans across 125 countries.
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Financial Data 2024
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Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 446155 24.8% | 357653 27.7% | 280027 12.7% | 248463 -5.2% | 261949 -13.6% | 303227 0.7% | 301175 7.9% | 279029 1.5% | 274864 2.8% | 267388 13.1% | 236503 22.8% | 192638 14.1% | 168852 35.5% | 124625 30.1% | 95771 34.7% | 71127 - |
| Net Operating Income (INR Cr) | 437928 26.58% | 345967 24.25% | 278454 11.47% | 249795 -4.32% | 261068 -13.54% | 301938 3.56% | 291550 8.10% | 269693 -1.23% | 273046 3.76% | 263159 13.02% | 232834 23.33% | 188793 13.97% | 165654 35.64% | 122128 32.00% | 92519 30.53% | 70881 100.11% |
| Profit (INR Cr) | 31399 1200.6% | 2414 - | -11441 - | -13451 - | -12071 - | -28826 - | 8989 20.6% | 7454 -35.6% | 11579 -17.2% | 13986 0.0% | 13991 41.4% | 9893 -26.8% | 13517 45.8% | 9274 260.7% | 2571 - | -2505 - |
| Assets (INR Cr) | 233348 7.3% | 217496 -1.6% | 221106 -2.8% | 227426 5.3% | 216034 10.5% | 195448 -6.8% | 209756 19.9% | 174926 0.3% | 174467 12.9% | 154582 9.3% | 141454 36.9% | 103345 16.5% | 88685 49.4% | 59347 35.7% | 43720 5.8% | 41318 - |
| Net Worth (INR Cr) | 84918 87.4% | 45322 1.7% | 44561 -19.3% | 55247 -12.4% | 63079 4.8% | 60180 -36.9% | 95428 64.4% | 58062 -26.5% | 78952 40.4% | 56239 -14.2% | 65581 74.4% | 37598 15.3% | 32606 71.4% | 19027 137.2% | 8021 37.6% | 5830 -32.8% |
| Employee Cost (INR Cr) | 42487 26.2% | 33655 9.2% | 30809 11.4% | 27648 -9.2% | 30439 -8.4% | 33244 9.7% | 30300 6.9% | 28333 -1.9% | 28881 12.6% | 25642 18.7% | 21610 29.9% | 16632 35.2% | 12298 31.6% | 9343 4.5% | 8943 22.6% | 7297 - |
| Interest Cost (INR Cr) | 9986 | 10225 | 9312 | 8097 | 7243 | 5759 | 4682 | 4238 | 4889 | 4861 | 4749 | 3560 | 2982 | 2385 | 2465 | 2171 |
| Cash & Bank Balance (INR Cr) | 45807 | 37016 | 40669 | 46792 | 33727 | 32649 | 34614 | 36078 | 30460 | 32116 | 29712 | 21115 | 18238 | 11410 | 8743 | 4121 |
| Total Debt (INR Cr) | 107263 | 134113 | 146449 | 142131 | 124788 | 106175 | 88950 | 78604 | 69360 | 73610 | 60642 | 53716 | 47149 | 32811 | 35108 | 34974 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 7.0% | 0.7% | - | - | - | - | 3.0% | 2.7% | 4.2% | 5.2% | 5.9% | 5.1% | 8.0% | 7.4% | 2.7% | - |
| Profit As % Of Assets | 13.5% | 1.1% | - | - | - | - | 4.3% | 4.3% | 6.6% | 9.1% | 9.9% | 9.6% | 15.2% | 15.6% | 5.9% | - |
| Profit As % Of Networth | 37.0% | 5.3% | - | - | - | - | 9.4% | 12.8% | 14.7% | 24.9% | 21.3% | 26.3% | 41.5% | 48.7% | 32.1% | - |
| Interest Cost to EBITDA % | 17.1% | 32.4% | 38.8% | 45.5% | 48.4% | - | 15.7% | 14.4% | 13.3% | 12.5% | 14.0% | 14.8% | 13.9% | 14.2% | 31.7% | 143.8% |
| Debt to Equity Ratio | 1.26 | 2.96 | 3.29 | 2.57 | 1.98 | 1.76 | 0.93 | 1.35 | 0.88 | 1.31 | 0.92 | 1.43 | 1.45 | 1.72 | 4.38 | 6.00 |
| RONW | 48.8% | 5.8% | - | - | - | - | 7.2% | 7.6% | 18.4% | 23.1% | 27.2% | 27.9% | 52.0% | 64.7% | 19.0% | - |
| ROCE | 17.4% | 5.6% | 1.0% | 5.1% | -0.3% | 1.9% | 7.2% | 7.0% | 12.7% | 18.0% | 19.3% | 17.9% | 22.4% | 24.7% | 10.6% | 0.0% |