Tata Motors Restricted, integrated within the yr 1945, is a Giant Cap firm (having a market cap of Rs 144249.56 Crore) working in Auto sector.
The main product/income segments of Tata Motors Restricted embrace gross sales of Motor Automobiles, Spare Elements and Others, Miscellaneous Items, Different Working Income and Companies for the yr ended 31-March-2021.
monetary state of affairs
For the quarter ended 31-03-2022, the corporate reported Consolidated Whole Earnings of Rs.79341.61 crore, up 8.79% from final quarter’s whole earnings of Rs.72931.86 crore and down 11.17% from the identical quarter final yr at Rs.89319.34 crore . Firm has reported Web Revenue After Tax of Rs -1099.32 Crore in newest quarter.
, Again to suggestion tales
Tata Motors’ Q4FY22 outcomes have been higher than anticipated. The main constructive shock was a 220 bps sequential bounce in EBITDA margins at 14.7%, primarily on account of outperforming operations throughout all main divisions similar to Bharat CV, PV in addition to abroad JLRs. Notably, it directed to deliver down internet automotive debt (~48,700 crore) to close zero degree by FY24E by inner FCF era and sale of non-core belongings. The brokerage permits Tata Motors to broaden its footprint in India by ideas and precise launches (PV market chief with Nexon; plans to introduce 10 fashions by 2025) and JLR (Jaguar all-electric by 2025; 6 BEVs in Land Rover within the subsequent 5). Likes for fixed EV alertness. years). Going ahead, on the again of wholesome demand prospects and robust order e-book, it expects a wholesome 13.2% income CAGR in FY22-24E, supported by general quantity CAGR of 15.8%. The margin in FY24E is seen at 14.3% and RoCE at ~13.7%. It maintains purchase score with SOTP based mostly revised goal worth of Rs 500/share
Promoters held 46.4 per cent stake within the firm as on 31-March-2022, whereas FIIs held 14.45 per cent, DIIs held 14.39 per cent.
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