TMCV
Tata Motors Limited (TMCV) Stock Analysis
Tata Motors Limited (TMCV DVR) represents the commercial-vehicle demerged listing of Tata Motors on Indian exchanges. It tracks the commercial vehicles business including trucks and buses after corporate restructuring. Investors hold this security for exposure to Tata's CV operations. It is listed alongside other Tata Motors instruments.
Consumer Cyclical › Auto Manufacturers
₹421.10
+2.62% 1W | +28.30% 52W
Market Cap
155.1k CR
P/E Ratio
37.1
52W High
₹509
52W Low
₹306.3
Div. Yield
0.95%
Beta
–
50 DMA
₹446.1
200 DMA
₹431.5
Profit Margin
4.8%
Inst. Own.
25.8%
🔥 APPROACHING RESISTANCE
✅ BOUNCE FROM SUPPORT
Fundamentals
Profit & Loss
| Metric | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 17,535 | 18,819 | 21,863 | 17,324 | 18,585 | 21,847 | 26,098 | 20,667 |
| Expenses | 15,828 | 16,786 | 19,432 | 15,248 | 16,553 | 19,260 | 22,771 | 17,395 |
| Operating Profit | 1,707 | 2,033 | 2,431 | 2,076 | 2,032 | 2,587 | 3,327 | 3,272 |
| OPM % | 10% | 11% | 11% | 12% | 11% | 12% | 13% | 16% |
| Other Income | 206 | 407 | 72 | 332 | -1,865 | -981 | -28 | 341 |
| Interest | 408 | 352 | 319 | 254 | 256 | 198 | 166 | 135 |
| Depreciation | 541 | 557 | 592 | 480 | 472 | 483 | 510 | 508 |
| Profit before tax | 964 | 1,531 | 1,592 | 1,674 | -561 | 925 | 2,623 | 2,970 |
| Tax % | 48% | 12% | 16% | 17% | 55% | 24% | 32% | 14% |
| Net Profit | 498 | 1,355 | 1,340 | 1,397 | -867 | 705 | 1,793 | 2,556 |
| EPS in Rs | 1.91 | 4.87 | 6.95 |
| Metric | Mar 202510m | Mar 2026 | TTM |
|---|---|---|---|
| Sales | 58,217 | 83,855 | 87,197 |
| Expenses | 52,045 | 76,238 | 75,979 |
| Operating Profit | 6,172 | 7,617 | 11,218 |
| OPM % | 11% | 9% | 13% |
| Other Income | 685 | -135 | -2,533 |
| Interest | 1,079 | 874 | 755 |
| Depreciation | 1,690 | 1,945 | 1,973 |
| Profit before tax | 4,088 | 4,663 | 5,957 |
| Tax % | 22% | 35% | |
| Net Profit | 3,195 | 3,030 | 4,187 |
| EPS in Rs | 8.23 | ||
| Dividend Payout % | 0% | 49% |
Shareholding Pattern
Promoters42.56%
FIIs18.29%
DIIs16.91%
Public21.91%
Promoters42.56%
FIIs19.03%
DIIs17.58%
Public20.49%
Promoters42.56%
FIIs18.58%
DIIs18.19%
Public20.34%
Promoters42.56%
FIIs19.03%
DIIs17.58%
Public20.49%
Promoters42.56%
FIIs18.58%
DIIs18.19%
Public20.34%
TMCV
Holdings Analysis
Key strengths & risk signals
52
Overall
38
Fundamental
67
Technical
Risks (2)
Cannot calculate PEG - insufficient growth data.
WEAK POSITION! Current price (421.1) is below both moving averages.
Strengths (4)
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
BULLISH TREND! 50-day average (446.1) is above 200-day average (431.5) - positive signal.
BULLISH SENTIMENT! In last 30 days: 11 up days, 19 down days. Avg volume on up days: 7,230,321 vs down days: 5,473,723. Ratio: 1.32x
GOOD YEAR! Stock gained 28.3% in the last year.
Fundamental & Technical Analysis
52Overall
38Fundamental
67Technical
Fundamental Breakdown
Growth Quality
4/30
Revenue CAGR: -56.0% (DECLINING, 2/15). Profit CAGR: -69.3% (DECLINING, 2/15).
Profit Margin
2/10
LOW MARGIN! 4.8% profit margin - thin profits.
PEG Valuation
1/10
Cannot calculate PEG - insufficient growth data.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.95% yield - little to no income.
Debt to Equity
6/10
MODERATE DEBT! D/E of 0.94 - acceptable leverage.
Public Holding
14/20
MODERATE PUBLIC HOLDING! 21.91% public ownership - balanced ownership structure.
Stability Index
8/10
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
Technical Breakdown
Moving Averages
10/10
BULLISH TREND! 50-day average (446.1) is above 200-day average (431.5) - positive signal.
Price Position
2/10
WEAK POSITION! Current price (421.1) is below both moving averages.
Trend Pattern
10/20
AT RESISTANCE! Stock is at key resistance level.
52W Performance
8/10
GOOD YEAR! Stock gained 28.3% in the last year.
Volume Sentiment
25/30
BULLISH SENTIMENT! In last 30 days: 11 up days, 19 down days. Avg volume on up days: 7,230,321 vs down days: 5,473,723. Ratio: 1.32x
RSI
3/5
NEUTRAL! RSI at 45.7 - balanced momentum.
52W Range
3/5
MID RANGE! Trading at 56.6% of 52W range - neutral zone.
Momentum
3/5
MIXED MOMENTUM! Price growth is inconsistent - 2.6% (1 week), -0.8% (1 month), 1.5% (3 months).
Beta
3/5
MARKET ALIGNED! Beta of 1.00 - moves with the market.
TMCV
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-05-19 | Concall PDF | |
| Q3FY262026-02-03 | Concall PDF | |
| Q2FY262025-11-18 | Concall PDF |
Peer Comparison
Consumer Cyclical · Auto Manufacturers · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TMCV | ₹421.10 | 37.1 | 4.8% | -56.0% | -69.3% | +28.3% | 52 | APPROACHING RESISTANCE | +83.2% | +42.8% | +19.7% | -20.8% |
| HYUNDAI | ₹1,987.00 | 32.6 | 7.0% | 5.5% | 4.9% | -16.2% | 60 | APPROACHING SUPPORT | -35.1% | -29.2% | -0.5% | -12.7% |
| TVSMOTOR | ₹4,095.10 | 56.8 | 5.7% | 20.2% | 31.5% | +10.0% | 69 | APPROACHING RESISTANCE | +67.1% | +32.1% | +33.5% | +8.3% |
| EICHERMOT | ₹7,284.50 | 34.7 | 23.2% | 17.5% | 23.7% | +3.4% | 72 | CONSOLIDATING DOWN | +21.3% | -3.8% | +31.2% | +8.9% |
| TMPV | ₹286.90 | – | 22.8% | -0.9% | 224.4% | -27.6% | 58 | BOUNCE FROM SUPPORT | -80.2% | -86.6% | +8.8% | -9.6% |
| HEROMOTOCO | ₹5,225.00 | 19.2 | 10.7% | 11.7% | 26.9% | -10.2% | 73 | BOUNCE FROM SUPPORT | -17.2% | -3.3% | +34.9% | +1.1% |
| ATHERENERG | ₹1,470.00 | – | -9.2% | 27.2% | – | +112.0% | 60 | CONSOLIDATING DOWN | -71.3% | -49.0% | +88.8% | +3.6% |
| BAJAJ-AUTO | ₹10,405.00 | 24.7 | 16.3% | 19.5% | 21.0% | +13.5% | 69 | CONSOLIDATING UP | +45.9% | -11.9% | +65.0% | +22.0% |
Data from TradeAlone · Updated daily
TMCV News
Tata Motors Limited (tmcv) Completes Settlement of Tender Offer for Iveco Group2026-10-30Tata Motors Limited Announces Successful Completion of Voluntary Tender Offer for Iveco Group N.V.2026-10-27Tata Motors Limited (tmcv) Partners with Amazon to Deploy 3,000 Electric Trucks2026-10-27Tata Motors Limited (tmcv) Reaches 89.42% Shareholding in Iveco Group N.V. Tender Offer2026-10-27Tata Motors Limited (tmcv) Q2 FY27: Revenue Up 42%, Wholesales Double Digit Growth2026-10-23Tata Motors Limited (tmcv) Q2 FY27: Delivers Strong Sales with 1,35,114 Units; Sustains Robust 42.7% Yoy Growth2026-10-01Tata Motors Limited (tmcv) Announces Price Increase for Commercial Vehicles from October 20262026-09-17Tata Motors Limited (tmcv) Announces Voluntary Tender Offer for Iveco Group N.V. Shares2026-09-05Tata Motors Limited (tmcv): Announcement of Voluntary Totalitarian Tender Offer for Iveco Group N.V.2026-09-04Tata Motors Limited (tmcv) August 2026: 49% Yoy Growth in Commercial Vehicle Sales2026-09-01Tata Motors Limited (tmcv) Q1 FY27: Revenue Up 23%, PBT at ₹2.1K Cr2026-08-12Tata Motors Limited (tmcv) July 2026: 37% Yoy Growth in Commercial Vehicle Sales2026-08-01Tata Motors Limited (NSE: TMCV) gains 5% intraday, tests resistance2026-07-31Tata Motors Limited (tmcv) Q1 FY27: Delivers Strong Sales with 1,08,488 Units; Sustains Robust 27% Yoy Growth2026-07-01Tata Motors Limited (NSE: TMCV) gains 5% intraday2026-06-25
