Close 2026-08-21 1267 scanned A

TMPV

Tata Motors Passenger Vehicles Limited
Automobile and Auto ComponentsLarge capRs 117,146 crRs 248.7 cr traded a dayManufacturingAutomobiles
Close on 2026-08-21
317.90
−0.73%
52-week range5% of the way up
296.20719.35
Market cap
117,146 cr
P/E (TTM)
13.3×
industry 38×
EPS (TTM)
23.97
Revenue YoY
-11.3%
Q1 FY27
Profit YoY
-84.9%
Net margin
0.9%
-4.4pt vs a year ago
Growth trend
+0.8pt
vs last quarter’s YoY
1 month
-2.0%
Below 52w high
126.3%
RSI (14)
20
oversold
Daily swing
2.5%
average true range
Volume
1.2×
vs 20-day average
Traded
Rs 249 cr
median day
Close200-day averageMaterial filing
400600Aug 25Oct 25Dec 25Feb 26Apr 26Jun 26Aug 26
260 sessions · hover for the filing behind a move
1 week
−4.96%
1 month
−1.97%
3 months
−17.56%
6 months
−18.81%
1 year
−53.93%

The read

written from the numbers on this page
The evidence leans negative1 supporting, 6 against, 1 worth knowing

Supporting

  • priced at 13× earnings against an industry median of 38× — 65% below its peers

Against

  • trading 10% below its 200-day average
  • at 5% of its 52-week range — nearly everyone who bought in the past year is underwater
  • down 54% over twelve months
  • revenue fell 11% year on year in the quarter ending 2026-06-30
  • net margin has narrowed from 4.9% to 0.9% across four quarters
  • futures show a short buildup — new sellers are committing capital

Worth knowing

  • RSI at 20 is washed out — historically the better half of this site's measured edge comes from exactly this condition
TMPV sits in Manufacturing, Automobiles — worth checking whether the whole group is moving together or whether this name is doing it alone.
What would change this read: a close back above 352, its 200-day average; open interest reversing while price keeps going.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.

What is working, what is not

read from the filings, with the figure behind every line
Working1

Operating cash flow was Rs 13,041 cr against Rs 8,832 cr of profit over four quarters, 148% of it.

Rs 13,041 crRs 8,832 cr148%
Needs watching3

Net profit -75.1% year on year, Rs 3,450 cr to Rs 859 cr.

-75.1%Rs 3,450 crRs 859 cr

Profit grew slower than revenue, -75.1% against -5.6%.

-75.1%-5.6%

- Jaguar and Land Rover is 80% of revenue, so the business rests on one segment.

- Jaguar and Land Rover80%
Every figure here is computed from the company’s own filings. The wording is generated directly from the figures.

How it has performed

price return over each window, measured against zero
-5.0%1W-2.0%1M-17.6%3M-18.8%6M-53.9%1Y

What the scans say today

0 of 47 matched on 2026-08-21
TMPV matches none of the 47 scans today.
Not matched by any of the 47 scans on 2026-08-21. Most stocks match nothing on most days — that is what makes a match worth looking at.

What this company does

segments and revenue mix, as the company reports them
TMPV reports 4 business segments. The largest is - Jaguar and Land Rover at 80% of revenue in the quarter ending 2026-06-30. On these numbers this is effectively a single-segment business, so the group result and that segment’s result move together.
SegmentRevenueSharevs a year ago
- Jaguar and Land Rover76,705 cr79.6%
(a) Passenger Vehicle17,930 cr18.6%
Others1,669 cr1.7%
(b) Corporate/Unallocable22 cr0.0%
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.

Quality of the business

balance sheet as at 2026-03-31
Return on equity
7.9%
trailing profit over shareholders’ funds
Return on capital
6.3%
pre-tax profit over equity plus borrowings
Debt to equity
0.62×
69,953 cr borrowed against 112,068 cr of equity
Net debt
47,073 cr
borrowings less cash
Cash conversion
148%
operating cash flow as a share of profit
Receivable days
12
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.

Valuation against its own history

500 sessions since 2024-09-02
median 8×
13×
now 13×
TMPV trades at 13× trailing earnings, above its median of 8× over this window — 62% more expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.

Recent filings

from the exchange, newest first
Order win filings were typically +0.20pt vs the market over the next 5 sessions (n=408) · Other filing filings were typically -0.08pt vs the market over the next 5 sessions (n=12,093) · Analyst call filings were typically +0.14pt vs the market over the next 5 sessions (n=3,352)

The business

from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
1.1L1.2L1.1L1.0L1.1L70.1k1.1L95.8k6.5%14.6%-5.0%0.9%Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q3 FY26Q4 FY26Q1 FY27
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.

Going for it

  • nothing clear in the filed numbers

Going against it

  • revenue fell 11% against the same quarter a year earlier
  • profit dropped 85% year on year
  • net margin narrowed from 5.6% to 0.9%
Quarter-by-quarter numbers, as filed
QuarterRevenueProfit before taxNet profitEPSNet margin
Q1 FY27
2026-06-30 · consolidated
95,7991,5588592.100.9%
Q4 FY26
2026-03-31 · consolidated
105,4477,1435,87815.715.6%
Q3 FY26
2025-12-31 · consolidated
70,108-4,902-3,483-5.0%
Q3 FY25
2024-12-31 · consolidated
113,5757,7125,57814.814.9%
Q2 FY25
2024-09-30 · consolidated
101,4505,6853,4509.723.4%
Q1 FY25
2024-06-30 · consolidated
108,0488,7415,69214.515.3%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.

Where the price stands

the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-7.2%
Versus 200-day average-9.6%
Below 52-week high-55.8%
Above 52-week low+7.3%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)19.6
Higher closes in last 50 of 5
Six-month return−18.81%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)2.52%
Volume versus 20-day1.2x
Median daily turnoverRs 248.7 cr

Derivatives

near expiry 2026-08-25 · 2026-08-20
Short Buildup
Price down, open interest up. New sellers are committing capital. The most common state in a falling tape, and the one that unwinds hardest if it turns.
Futures basis versus spot+0.19%
Open interest change+1.4%
Put / call ratio0.56
Put wall (support)330
Call wall (resistance)350
Max pain335
How to read this
Open interest is contracts still open, so a rise means new positions and a fall means positions closing. Combined with price direction that gives the state on the left. The walls are the strikes carrying the most open interest near expiry — levels other people are watching, not levels the price is obliged to respect. A future below spot means sellers are paying to be short.

Peers

Automobile and Auto Components · 47 classified companies
TMPV trades at 13.3× trailing earnings against an industry median of 38.1× across 44 other classified companies in its industry — cheaper than them, by 65%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
CompanyMarket cap (Rs cr)P/E1 month1 yearTurnover (Rs cr)
MARUTI426,48429.8+1.21%−8.60%457.9
M&M381,45018.8+5.65%+5.49%733.4
BAJAJ-AUTO327,01528.3+3.69%+29.56%282.5
EICHERMOT219,87438.1+3.74%+26.16%300.8
TVSMOTOR208,56961.7+12.00%+30.28%400.6
HYUNDAI180,28736.4+13.53%−9.69%139.3
MOTHERSON178,77039.2+16.36%+75.58%260.9
BOSCHLTD142,19040.9+14.11%+16.66%158.1
TMPV117,14613.3−1.97%−53.93%248.7
HEROMOTOCO114,75720.9+10.85%+7.96%329.2
BHARATFORG98,639137.8−5.16%+81.83%181.1
UNOMINDA73,04759.8+11.96%−3.36%91.7
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet