Tata Motors Restricted, integrated within the 12 months 1945, is a Massive Cap firm (having a market cap of Rs 140376.35 Crore) working in Auto sector.
The foremost product/income segments of Tata Motors Restricted embrace gross sales of Motor Automobiles, Spare Components and Others, Miscellaneous Items, Different Working Income and Companies for the 12 months ended 31-March-2021.
monetary state of affairs
For the quarter ended 31-12-2021, the Firm reported Consolidated Whole Earnings of Rs.72931.86 Crore, up 17.17% from final quarter’s Whole Earnings of Rs.62245.73 Crore and down 4.50% from the corresponding quarter final 12 months at Rs.76365.79 Crore . Firm has reported Web Revenue After Tax of Rs -1338.17 Crore in newest quarter.
, Again to advice tales
Going ahead, the brokerage believes that JLR could also be adversely affected because of the ongoing geopolitical crises given its manufacturing base in Europe, which depends on Russian oil and fuel assets for its power wants. fairly dependent. Furthermore, the demand sentiment may also momentarily put on off within the midst of such instances of uncertainty. At a consolidated stage, as an entity, TML may even see stress on volumes and profitability on account of chip availability considerations and improve in costs of key commodities, respectively. In consequence, the brokerage revises gross sales and margin estimates going ahead. Nevertheless, it takes consolation from TML’s long-term purpose of wholesome profitability, wholesome FCF manufacturing and consequent taping of debt on the B/s. Therefore, the brokerage has retained a purchase score on TML with a SOTP based mostly goal worth of Rs 550.
As on 31-December-2021, promoters held 46.4 per cent stake within the firm, whereas FIIs held 14.57 per cent, DIIs 13.64 per cent.
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