Tata Motors Passenger Vehicles Limited (tmpv) Registers 201,723 Units Sales in Q2 FY27

Mumbai, October 1, 2026: Tata Motors Passenger Vehicles Limited (TMPV) recorded sales of 201,723 units in the domestic and international markets in Q2 FY27, compared to 144,397 units in Q2 FY26, representing a robust growth of 40% year-on-year. This marks the highest-ever quarter for TMPV, driven by strong demand for greener powertrains.

Domestic and International Sales

In the domestic market, sales grew by 40% to 196,674 units, while international sales increased by 20% to 5,049 units. The electric vehicle (EV) segment saw a phenomenal 90% growth year-on-year, with 47,150 units sold, contributing to a 23% EV penetration in TMPV’s portfolio.

Greener Powertrains Drive Growth

Compressed Natural Gas (CNG) vehicles also delivered their highest-ever quarterly sales, accounting for 28% of the total volumes. Together, EV and CNG now contribute 51% of TMPV’s sales, reflecting a rapid shift in customer preference towards greener mobility solutions.

Mr. Shailesh Chandra, MD and CEO, Tata Motors Passenger Vehicles Ltd. said, “In Q2 FY27, passenger vehicle demand sustained the strong momentum seen following GST 2.0, despite the quarter being seasonally softer. We ended the quarter on a strong note, crossing the 70,000-unit sales milestone in September and look forward to carrying this momentum as we enter the festive period.”

Looking ahead, TMPV remains optimistic about the festive season, supported by a strong order book and healthy customer traction across the portfolio.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Tata Motors Passenger Vehicles Limited

Tata Motors Passenger Vehicles Limited belongs to the Consumer Cyclical › Auto Manufacturers sector. Here’s a quick read on where the business and the stock stand today.

Tata drops 18.1% over three months and trades near its 52-week lows. Margins at 22.8% are impressive but need to be sustained — any compression would be a red flag. Revenue contracts at -0.9% CAGR. That signals structural headwinds, not a short-term blip. RSI stands at 30, well into oversold territory. Yet sellers still dominated on 20 of recent sessions versus 10 for buyers, so the pressure has not fully lifted. Revenue grows at -0.9% CAGR — a respectable pace. However, the stock drops 18.1% in three months without an obvious fundamental trigger. Sector-wide pressure or a valuation re-rating can persist for longer than expected. Therefore, there is no rush to step in. Check Fundamentals of Tata Motors Passenger Vehicles Limited.