# Tata Capital share price today (Tata Capital Ltd, NSE: TATACAP)

> Tata Capital share price today: ₹333.80 at the NSE close on 3 November 2026, up 2.0% in a year. Tata Capital (NSE: TATACAP) is worth ₹1,41,649 crore, trades at a P/BV of 2.9 and has closed between ₹297.80 and ₹382.70 over the past 52 weeks. > Tata Capital Ltd's results are improving, while its P/BV is near the low end of its own history over 10 months, higher than only 17% of past readings. TATACAP · Conglomerate Backed NBFC · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/tata-capital-ltd

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## Key numbers

- Price: ₹333.80 (+2.0% in a year)
- P/BV: 2.9× (lower than 83% of the last 10 months)
- Revenue (Sep 2026): ₹9,342 Cr (+20.7% on a year ago)
- Profit (Sep 2026): ₹1,832 Cr (+63.7% on a year ago)
- Net margin: 19.6% (+5.1 points on a year ago)
- ROE: 12%, FY26

Biggest thing to watch: the price has already been rising for 15 weeks, so timing is the risk more than the business. ## What is the Tata Capital share price today? Tata Capital Ltd's share price was ₹333.80 at the close on 3 November 2026. It has been rising for 15 weeks. That is 1.2% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹298 and ₹383, and at that close it sat 42% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 8 weeks running. Over the last 1 year the share price moved +1% while the NIFTY 500 moved −8%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 11 September 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Tata Capital this quarter? Three changes stood out: revenue up on a year earlier for 5 quarters in a row (every quarter we can compare), profit up on a year earlier for 4 quarters in a row and highest quarterly profit in 9 quarters. 1. Revenue up on a year earlier for 5 quarters in a row (every quarter we can compare) In the September 2026 quarter revenue was ₹9,342 crore, +20.7% on a year earlier. 2. Profit up on a year earlier for 4 quarters in a row In the September 2026 quarter profit was ₹1,832 crore, +63.7% on a year earlier. 3. Highest quarterly profit in 9 quarters Profit of ₹1,832 crore in the September 2026 quarter is the highest of the last 9 quarters. ## What are Tata Capital's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Tata Capital reported total income of ₹9,342 crore, up 20.7% from ₹7,737 crore a year earlier, and a profit of ₹1,832 crore, up 63.7% from ₹1,119 crore. ### Tata Capital results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Total income | ₹9,342 crore | ₹7,737 crore | +20.7% |
| Profit | ₹1,832 crore | ₹1,119 crore | +63.7% |
| Earnings per share | ₹3.91 | ₹2.72 | +43.7% |
| Net margin | 19.6% | 14.5% | +5.1 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Tata Capital's management discussed these results on a call held on 27 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Income and profit in ₹ crore.)

## What is the Tata Capital share price history? Tata Capital closed at ₹333.80 on 3 November 2026, up 2.0% from ₹327.30 a year earlier (31 October 2025). Its highest weekly close since October 2025 was ₹375.70 on 28 August 2026. ### Tata Capital share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹306.75 | +8.8% |
| 1 month ago · 1 Oct 2026 | ₹319.30 | +4.5% |
| 6 months ago · 30 Apr 2026 | ₹333.15 | +0.2% |
| 1 year ago · 31 Oct 2025 | ₹327.30 | +2.0% |
| Earliest weekly close in our records · 17 Oct 2025 | ₹330.70 | +0.9% |
| Highest weekly close since October 2025 · 28 Aug 2026 | ₹375.70 | −11.2% |
| Lowest weekly close since October 2025 · 22 May 2026 | ₹299.70 | +11.4% |
| 52-week high (weekly close) · 6 Aug 2026 | ₹382.70 | −12.8% |
| 52-week low (weekly close) · 21 May 2026 | ₹297.80 | +12.1% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (59 weekly closes from 17 October 2025 to 3 November 2026.)

## What is the latest news on Tata Capital? 3 Nov 2026: Tata Capital closed at ₹333.80, up 8.8% on the week and up 4.5% on the month. 27 Oct 2026: Tata Capital held its results call for July to September 2026. Management guided: Current AUM growth guidance of 23-25% retained, with growth not prioritized over margins; full-year income growth around 25% and costs around 15%. ### Earlier

- Results for July to September 2026: Total income up 20.7% and profit up 63.7% on a year earlier. - Our read, 22 Aug 2026: Tata Capital is compounding lending earnings through retail, SME and housing mix, but the case depends on credit costs, leverage and motor-finance recovery staying within management’s stated guardrails. - 27 Jul 2026: ex-date for a dividend of ₹0.57 a share. ### Our read of the business

April to June 2026: Reported revenue and profit increased year on year, extending the recent earnings progression. (Our read after the April to June 2026 results, written 22 August 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.)

## What dividend does Tata Capital pay? Tata Capital paid ₹0.57 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.17% at the ₹333.80 close on 3 November 2026. The last was a dividend of ₹0.57 a share, ex-date 27 July 2026. ### Tata Capital dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 27 Jul 2026 | ₹0.57 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 0 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Tata Capital Ltd paid out 5% of its profit as dividends in FY26, and it paid a dividend in 5 of its last 6 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Tata Capital management say on the latest results call? On the call for July to September 2026, held on 27 October 2026, Tata Capital's management guided: Current AUM growth guidance of 23-25% retained, with growth not prioritized over margins; full-year income growth around 25% and costs around 15%. > “We are quite positive on Q4. This is what we had mentioned before: Q2 would see some moderation, Q3 would see stability or marginal improvement, and Q4 would see a distinct improvement as far as NIM plus fee is concerned.”
> Rajiv Sabharwal, on the call for July to September 2026

### What management guided

- FY28 growth, cost-to-income, credit-cost, profit-growth, ROA and ROE framework reaffirmed without downward revision. - Motor Finance book expected to stabilize in Q3 and grow from Q4. - Tata Capital PLRs to rise 25 basis points and TCHFL PLRs 20 basis points from Nov 1; NIM plus fee expected stable or marginally better in Q3, improving in Q4. - High-margin AUM growth expected to approach overall book growth by Q4 and exceed it next FY; retail and housing momentum expected to strengthen. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/59239-27-Oct-2026.pdf). (From the call for July to September 2026, 27 October 2026.)

## What is the future of Tata Capital? What is changing in the business? What is changing at Tata Capital, from the latest results and calls: retail and sme aum expansion, higher-yield disbursements convert into balances and housing and micro-housing scale. - Retail and SME AUM expansion. Management’s AUM range and retail-plus-SME mix goal create the primary earnings runway. ✓ fact
- Higher-yield disbursements convert into balances. High-margin disbursement growth is ahead of book growth, leaving a conversion milestone for the next two to three quarters. ✓ fact
- Housing and micro-housing scale. Housing growth and the higher-yield micro-housing book can support mix without relying on corporate lending expansion. ✓ fact
- Productivity lowers the cost base. Digital onboarding, underwriting and collections automation are intended to push cost-to-income toward management’s FY28 goal. ✓ fact

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown. (Our read after the April to June 2026 results, written 22 August 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.)

## What could change the Tata Capital story? What are the risks? The thesis breaks if consolidated AUM growth falls below management’s range while credit cost exceeds its guided corridor and motor-finance runoff does not convert into book growth by the second half of FY27. ### Each change stops working if

- Retail and SME AUM expansion: Consolidated AUM growth remains below the guided range for two consecutive reported quarters. - Housing and micro-housing scale: Housing credit cost or net NPA rises materially while housing AUM growth falls below the reported trend. - Motor-finance runoff moderation: Motor-finance AUM continues to contract through the second half of FY27. ### The main risks

- Credit-cost reversal in unsecured and motor finance: The lending-growth case fails if risk costs move above management’s stated corridor. ⚠ estimate
- Motor-finance turnaround remains unproven: Legacy runoff has moderated, but prior restart timing was deferred and book growth is still pending. ⚠ estimate
- Funding-cost and pricing mismatch: Higher borrowing costs can offset mix-led NIM gains if lending yields do not reprice fast enough. ⚠ estimate
- Leverage goal moves higher: Management’s intended debt-to-equity range is above the currently reported level. ⚠ estimate

(Our read after the April to June 2026 results, written 22 August 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.)

## What to watch in Tata Capital's next results? When Tata Capital reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Motor Finance book stops shrinking and resumes growth; check sequential balances alongside delinquency trends. - What to check (from the call)
- Motor Finance book stops shrinking and resumes growth; check sequential balances alongside delinquency trends. - NIM plus fee stabilizes and improves; compare realized repricing with prime-home competition and funding costs. - High-margin portfolio growth catches up with disbursement momentum; check AUM conversion and yield retention. - Final RBI rules on revolving credit and insurance emerge; monitor alternate-product readiness and customer economics. ## Which stock lists is Tata Capital on? Tata Capital is not on any of our India lists this week. ## Is Tata Capital profitable? Tata Capital Ltd earned ₹1,832 Cr of net profit in the Sep 2026 quarter, +63.7% on the same quarter a year earlier. That is the 4th quarter in a row of profit growth. Full-year FY26 profit was ₹4,891 Cr. Over 5 years profit has grown 31.5% a year on average. That is 19.6% of the quarter's revenue. The same quarter a year earlier earned ₹1,119 Cr. For the full year, FY26 profit was ₹4,891 Cr (+33.8% on the year before). Why profit moved: revenue changed +20.7% on a year earlier and the margin moved +5.1 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +46.8% and revenue +14.3%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. FY27-Q1. Reported revenue and profit increased year on year, extending the recent earnings progression. Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters. ## How much revenue does Tata Capital make, and is it growing? Tata Capital Ltd reported ₹9,342 Cr of income in the Sep 2026 quarter, +20.7% on the same quarter a year earlier. That is the 5th quarter in a row with growth on the year before. Over 5 years it has grown 26.3% a year on average. The last full year, FY26, came in at ₹31,566 Cr. Why this happened. Management reported a large reduction in legacy net-AUM depletion. This remains a monitorable turnaround rather than a delivered driver because prior stabilization guidance was delayed. The last four reported quarters add to ₹34,300 Cr. FY26 revenue was ₹31,566 Cr, +11.5% on the year before. Recent pace: the last four quarters grew +14.3% on average, against 26.3% a year over the longer run, so this year is growing slower than its own long-run rate. FY27-Q1. Reported revenue and profit increased year on year, extending the recent earnings progression. Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters. ## How much does Tata Capital keep from what it earns? Tata Capital Ltd's net margin was 19.6% in the Sep 2026 quarter, 5.1 percentage points higher than the same quarter a year ago. Across 6 years it has been between 12.7% and 21.6%. The latest quarter is within that range. Why this happened. High-margin disbursement growth is ahead of book growth, leaving a conversion milestone for the next two to three quarters. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. FY27-Q1. Reported revenue and profit increased year on year, extending the recent earnings progression. Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters. ## How many of Tata Capital's loans have gone bad? Tata Capital Ltd's gross NPA, the share of loans that have stopped being repaid, is 0.80% in Sep 2024. After the money already set aside for bad loans, 0.40% is left (net NPA). Across the 1 quarters on file it has been between 0.80% and 0.80%. Falling bad loans mean the loan book is healing; rising ones mean new damage. The bad-loan figures stop at Sep 2024, and our data does not yet carry gross and net NPA for the quarters after it, although results up to Sep 2026 are in. They are shown as filed, not estimated. In short: a lender's profit growth is only as good as its loans, and this loan book is not yet clearly improving. Quarterly detail on money set aside for bad loans is not in our data yet, so this shows the levels and the trend, not the cost of the clean-up. Why bad loans moved: recoveries, write-offs and new bad loans all play a part. That split is not in our data, so the page shows the trend without the breakdown. ## How fast is Tata Capital's loan book growing? Tata Capital Ltd's revenue was ₹31,566 Cr in FY26, +11.5% on the year before, so the loan book is growing. The latest quarter was +20.7% on a year earlier. The net margin on that income is 19.6%, +5.1 percentage points on a year ago. Why this happened. The lending growth case rests on management maintaining its AUM range while keeping retail and SME as the dominant portfolio mix. Incremental retail, SME and housing balances are intended to increase the contribution from higher-yield lending. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses. ## What is Tata Capital's P/BV ratio, and how does it compare with its own history? Tata Capital Ltd's P/BV is 2.9×, near the low end of its own history: it has been lower only 17% of the time. Its usual P/BV (the middle reading) is 3.3×, over 10 months of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is low: this lender earns about 12% a year on its equity. A lender that earns less on its net worth is valued lower for each rupee of it, and that gap usually closes only if returns improve. Why the multiple is where it is: over the past year book value grew while the price moved +2.0%. Price and book value moved together, so the multiple stayed in its range. In short: the multiple is low against its own past, so the book value trend underneath matters more than the multiple. The PEG ratio and its quarterly curve, which only the second data source has, are not shown on this page: its two data sources disagree by up to 35% on reported income across 8 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## What growth does the Tata Capital share price assume? Worked out from its price on 24 August 2026, Tata Capital Ltd's share price assumed profit growth of about 19.9% a year. Over the past 5 years its profit actually grew 31.5% a year. Today its P/BV is 2.9×, lower than 83% of its own last 10 months. This is a one-day reading, taken on 24 August 2026. Every other number on this page, the multiple included, uses the latest price as of 3 November 2026. A higher price assumes more growth and a lower price less, so it changes whenever the price changes, and this page does not update it between measurements. ## Is the Tata Capital business getting better or worse? Tata Capital Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 5 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## What is the Tata Capital story, and has it been checked? Tata Capital Ltd's story is not scored yet against the checks our research set on 22 August 2026. Where it sits in its own cycle: TROUGH operating cycle with expanding earnings. Our read, 22 August 2026. Tata Capital is compounding lending earnings through retail, SME and housing mix, but the case depends on credit costs, leverage and motor-finance recovery staying within management’s stated guardrails. From the numbers. The deterministic lender lens places the operating cycle at a trough with rising earnings. From the price. Price stage 2, week 15, below its 200-day line. From the research. Tata Capital is compounding lending earnings through retail, SME and housing mix, but the case depends on credit costs, leverage and motor-finance recovery staying within management’s stated guardrails. Where they disagree. The deterministic lender lens places the operating cycle at a trough with rising earnings. What is proven. Tata Capital is compounding lending earnings through retail, SME and housing mix, but the case depends on credit costs, leverage and motor-finance recovery staying within management’s stated guardrails. What is not proven yet. The thesis breaks if consolidated AUM growth falls below management’s range while credit cost exceeds its guided corridor and motor-finance runoff does not convert into book growth by the second half of FY27. What would change our mind. The thesis breaks if consolidated AUM growth falls below management’s range while credit cost exceeds its guided corridor and motor-finance runoff does not convert into book growth by the second half of FY27. The test written in advance. The thesis breaks if consolidated AUM growth falls below management’s range while credit cost exceeds its guided corridor and motor-finance runoff does not convert into book growth by the second half of FY27. Measured by: the thesis as written as stated by the next result. The test written in advance. Credit-cost reversal in unsecured and motor finance. Measured by: Credit-cost reversal in unsecured and motor finance Reported consolidated credit cost above 1.0% or a disclosed deterioration in stage-three assets. by the next result. The test written in advance. Motor-finance turnaround remains unproven. Measured by: Motor-finance turnaround remains unproven Motor-finance AUM remains below its June-quarter level by Q4 FY27. by the next result. What the surface reading misses. What the surface reading misses. The 3.38 company-info value and 3.3 weekly snapshot are different dated and rounded inputs, not interchangeable figures. Lever 2 · Value-added mix: building. Management’s AUM range and retail-plus-SME mix goal create the primary earnings runway. What proves it keeps working: Retail and SME AUM expansion. It stops working if Consolidated AUM growth remains below the guided range for two consecutive reported quarters. Sources: our stock research file (22 August 2026) · quarterly results through Sep 2026 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes. ## Did Tata Capital management deliver what it promised? What Tata Capital Ltd's management promised, against what actually happened: 4 promises on the record. Read straight from the company’s own earnings calls. A promise that slipped stays on this page after it is met. Fiscal-period and AUM reporting mismatch · 27 October 2026. The latest document is labeled Oct 2026 but opens as Q2 FY24 and reports September 2023 data, whereas the Jul 2026 prior call is identified as Q1 FY27 and reports June 2026 data. The latest reports 1 lakh 38,030 crore of AUM with 6% sequential growth, despite the prior call reporting 2.91 lakh crores; these cannot both represent consecutive periods and require clarification before the figures are used. Distribution footprint contracts despite stated expansion · 27 October 2026. In Jul 2026, management reported 1,491 branches and approximately 8.8 million customers. In Oct 2026, it said it added 54 branches but reported only approximately 1,215 branches and over 3.2 million customers, a material reversal with no explanation; the latest figures are marked as unclear in the transcript and require verification. Motor finance growth milestone pushed out · 27 October 2026. In Jul 2026, management said motor finance needed another quarter or so to start growing, while in Oct 2026 it moved the explicit growth start to Q4 after stabilization in Q3. The latest call refers to lagging growth, seasonality, and earlier conservatism around fuel prices, but does not clearly reconcile the changed milestone with the prior expectation. Capital runway guidance appears to have moved forward · 27 October 2026. The Jul 2026 call said the company was well capitalized until June to September 2028, whereas the Oct 2026 call now expects a capital raise in the second half of FY28. This potentially brings forward a material funding and dilution event, but management does not quantify any change in growth, leverage, or capital requirements to explain the revised timing. Every quote above is taken word for word from the company’s own earnings calls. ## What is Tata Capital management's track record? Management is delivering on current credit cost and broad growth, but the motor-finance and goal-reset record requires verification through stress. ### Regulatory and governance record

No Tata Capital-specific SEBI, fraud or enforcement action surfaced; one search result described a scam misusing the Tata name. 0% Promoter shares pledged

Sources:

- [businesstoday.in](https://www.businesstoday.in/markets/stocks/story/tata-capital-shares-nuvama-ups-target-price-says-tata-motors-finance-drag-largely-behind-551580-2026-08-26)
- [moneylife.in](https://www.moneylife.in/article/fraud-alert-tata-restart-a-ponzi-collective-investment-scam-misusing-names-of-tata-sudhir-sethi/73575.html)
- [moneyworks4me.com](https://www.moneyworks4me.com/indianstocks/large-cap/bfsi/finance-nbfc/tata-capital/company-info)

(Checked 30 August 2026.)

## How much does Tata Capital earn on its equity and assets? Tata Capital Ltd earned a return on equity of 12% in FY26. Its lowest yearly reading on file was 11% in FY21. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together. Return on assets is left out here, because its two sources disagree for this quarter. That return is below the level a bank needs to grow its net worth quickly, which helps explain why its multiple is where it is. Why ROE moved: profit grew 31.5% a year over 5 years while net worth grew more slowly. When earnings recover faster than net worth builds up, ROE climbs off its low. The quarterly return-on-equity and return-on-assets curves, which only the second data source has, are not shown on this page: its two data sources disagree by up to 35% on reported income across 8 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Does Tata Capital have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the Tata Capital shareholding pattern? No group of Tata Capital Ltd's owners changed its stake by a full percentage point over the last 4 quarters. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. ## How far is Tata Capital from balance-sheet trouble? For Tata Capital Ltd, the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does Tata Capital rank in its industry? 51.4 out of 100, rank 6 of 9 in Conglomerate Backed NBFC, with 58% of the evidence available. Tata Capital Ltd scores 51.4 out of 100 against the 9 companies it is compared with in Conglomerate Backed NBFC, ranking 6. Some evidence is missing, so the score is pulled toward the middle on purpose. The four parts add up to the total exactly: 18.4 + 15.1 + 8.4 + 9.5 = 51.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector. ## Which companies is Tata Capital compared with? Tata Capital ranks 6 of 9 Conglomerate Backed NBFC companies on the 4-Factor Sector Score, with 51.4 out of 100. 1. [Cholamandalam Investment & Finance Company Ltd](https://www.sectoralpha.in/stocks/cholamandalam-investment-finance-company-ltd) CHOLAFIN · quiet · Evidence leans up · 88% evidence 63.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.4/35 · Income 20.7% · Profit 33.9% · 86% evidence Capital efficiency 19.9/25 · ROA 2.3% · ROE 19.4% · GNPA n/a · 72% evidence Valuation 10.4/20 · P/BV 3.93× · P/BV÷ROE 0.2 · 100% evidence Relative strength 9.3/20 · Lead over its industry 3% · Lead over NIFTY 500 -0.3% · 1 year -6.5% · 100% evidence · 6 of 12 weeks ahead Exact sum: 23.4 + 19.9 + 10.4 + 9.3 = 63 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Poonawalla Fincorp Ltd](https://www.sectoralpha.in/stocks/poonawalla-fincorp-ltd) POONAWALLA · turning · Evidence leans up · 79% evidence 62.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.4/35 · Income 75% · Profit 100% · 62% evidence Capital efficiency 10.8/25 · ROA 1.8% · ROE 5.9% · GNPA n/a · 68% evidence Valuation 3.9/20 · P/BV 2.96× · P/BV÷ROE 0.51 · 100% evidence Relative strength 20.0/20 · Lead over its industry 12.8% · Lead over NIFTY 500 9.2% · 1 year -4.2% · 100% evidence · 8 of 12 weeks ahead Exact sum: 27.4 + 10.8 + 3.9 + 20 = 62.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Aditya Birla Capital Ltd](https://www.sectoralpha.in/stocks/aditya-birla-capital-ltd) ABCAPITAL · quiet · Evidence leans up · 88% evidence 60.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.7/35 · Income 23.8% · Profit 34% · 86% evidence Capital efficiency 10.9/25 · ROA 1.2% · ROE 12% · GNPA n/a · 72% evidence Valuation 8.8/20 · P/BV 2.37× · P/BV÷ROE 0.2 · 100% evidence Relative strength 16.9/20 · Lead over its industry 10.6% · Lead over NIFTY 500 7% · 1 year 14% · 100% evidence · 7 of 12 weeks ahead Exact sum: 23.7 + 10.9 + 8.8 + 16.9 = 60.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Bajaj Finance Ltd](https://www.sectoralpha.in/stocks/bajaj-finance-ltd) BAJFINANCE · quiet · Evidence leans up · 100% evidence 57.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.7/35 · Income 19.1% · Profit 18.9% · 100% evidence Capital efficiency 23.8/25 · ROA 3.5% · ROE 18.2% · GNPA 1.1% · 100% evidence Valuation 8.8/20 · P/BV 4.74× · P/BV÷ROE 0.26 · 100% evidence Relative strength 10.2/20 · Lead over its industry 4% · Lead over NIFTY 500 0.7% · 1 year -9.9% · 100% evidence · 7 of 12 weeks ahead Exact sum: 14.7 + 23.8 + 8.8 + 10.2 = 57.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [HDB Financial Services Ltd](https://www.sectoralpha.in/stocks/hdb-financial-services-ltd) HDBFS · quiet · Evidence leans up · 72% evidence 57.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.5/35 · Income 11.2% · Profit 37.5% · 100% evidence Capital efficiency 17.9/25 · ROA 2.3% · ROE 13.9% · GNPA n/a · 72% evidence Valuation 11.4/20 · P/BV 1.87× · P/BV÷ROE 0.14 · 70% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -23.3% · 1 year -31.8% · 25% evidence · 2 of 12 weeks ahead Exact sum: 20.5 + 17.9 + 11.4 + 7.5 = 57.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. Tata Capital Ltd this page TATACAP · quiet · Too little evidence to rank firmly · 58% evidence 51.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.4/35 · Income 14.4% · Profit 47% · 62% evidence Capital efficiency 15.1/25 · ROA 2.1% · ROE 12.4% · GNPA n/a · 68% evidence Valuation 8.4/20 · P/BV 2.78× · P/BV÷ROE 0.22 · 70% evidence Relative strength 9.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -0.5% · 1 year -2.3% · 25% evidence · 5 of 12 weeks ahead Exact sum: 18.4 + 15.1 + 8.4 + 9.5 = 51.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 7. [Piramal Finance Ltd](https://www.sectoralpha.in/stocks/piramal-finance-ltd) PIRAMALFIN · quiet · Evidence leans down · 69% evidence 47.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.0/35 · Income 19.4% · Profit 100% · 52% evidence Capital efficiency 8.6/25 · ROA 1.7% · ROE 0.9% · GNPA n/a · 68% evidence Valuation 3.2/20 · P/BV 1.39× · P/BV÷ROE 1.62 · 100% evidence Relative strength 12.4/20 · Lead over its industry 4% · Lead over NIFTY 500 0.6% · 1 year 37.3% · 70% evidence · 7 of 12 weeks ahead Exact sum: 23 + 8.6 + 3.2 + 12.4 = 47.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [L&T Finance Ltd](https://www.sectoralpha.in/stocks/l-t-finance-ltd) LTF · quiet · Evidence leans down · 88% evidence 45.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.7/35 · Income 19.9% · Profit 27.4% · 86% evidence Capital efficiency 14.6/25 · ROA 2.2% · ROE 11.2% · GNPA n/a · 72% evidence Valuation 10.0/20 · P/BV 2.09× · P/BV÷ROE 0.19 · 100% evidence Relative strength 0.8/20 · Lead over its industry -8.3% · Lead over NIFTY 500 -11.3% · 1 year -9.6% · 100% evidence · 6 of 12 weeks ahead Exact sum: 19.7 + 14.6 + 10 + 0.8 = 45.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Jio Financial Services Ltd](https://www.sectoralpha.in/stocks/jio-financial-services-ltd) JIOFIN · quiet · Most evidence points down · 73% evidence 31.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.2/35 · Income 100% · Profit 4.9% · 86% evidence Capital efficiency 6.5/25 · ROA 0.9% · ROE 1.2% · GNPA n/a · 72% evidence Valuation 3.8/20 · P/BV 1.04× · P/BV÷ROE 0.87 · 100% evidence Relative strength 7.9/20 · Lead over its industry n/a · Lead over NIFTY 500 -14.6% · 1 year -33.3% · 25% evidence · 0 of 12 weeks ahead Exact sum: 13.2 + 6.5 + 3.8 + 7.9 = 31.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Conglomerate Backed NBFC](https://www.sectoralpha.in/sectors/conglomerate-backed-nbfc), all 9 compared on one page. ## Which companies are close to Tata Capital in size? Tata Capital is the 2nd largest of 9 Conglomerate Backed NBFC companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Bajaj Finance. Just below it: Cholamandalam Investment & Finance Company, Jio Financial Services, Aditya Birla Capital, L&T Finance and Piramal Finance. ### Conglomerate Backed NBFC companies close in size

1. [Bajaj Finance Ltd](https://www.sectoralpha.in/stocks/bajaj-finance-ltd) ₹5,84,679 crore
2. Tata Capital Ltd ₹1,35,793 crore
3. [Cholamandalam Investment & Finance Company Ltd](https://www.sectoralpha.in/stocks/cholamandalam-investment-finance-company-ltd) ₹1,35,517 crore
4. [Jio Financial Services Ltd](https://www.sectoralpha.in/stocks/jio-financial-services-ltd) ₹1,35,034 crore
5. [Aditya Birla Capital Ltd](https://www.sectoralpha.in/stocks/aditya-birla-capital-ltd) ₹1,01,156 crore
6. [L&T Finance Ltd](https://www.sectoralpha.in/stocks/l-t-finance-ltd) ₹61,256 crore
7. [Piramal Finance Ltd](https://www.sectoralpha.in/stocks/piramal-finance-ltd) ₹42,996 crore

[All 9 Conglomerate Backed NBFC companies, largest first](https://www.sectoralpha.in/sectors/conglomerate-backed-nbfc#all-companies)

### Companies close in size in other industries

1. [Bosch Ltd](https://www.sectoralpha.in/stocks/bosch-ltd) ₹1,39,222 crore · Auto Ancillaries - Diversified
2. [ABB India Ltd](https://www.sectoralpha.in/stocks/abb-india-ltd) ₹1,35,897 crore · Electric Equipment - General
3. Tata Capital Ltd ₹1,35,793 crore
4. [Cholamandalam Investment & Finance Company Ltd](https://www.sectoralpha.in/stocks/cholamandalam-investment-finance-company-ltd) ₹1,35,517 crore · Conglomerate Backed NBFC
5. [Jio Financial Services Ltd](https://www.sectoralpha.in/stocks/jio-financial-services-ltd) ₹1,35,034 crore · Conglomerate Backed NBFC

## What else do people ask about Tata Capital? ### What is Tata Capital's share price today? Tata Capital Ltd's share price is ₹333.80, +2.0% over the past year. The whole company is worth ₹1,41,649 Cr on the market. In the last 52 weeks it traded between ₹298 to ₹383; today it is 42% of the way up from the low, 1.2% below its 200-day average (as of 3 November 2026). ### What were Tata Capital's latest quarterly results? Tata Capital Ltd reported total income of ₹9,342 Cr and net profit of ₹1,832 Cr for the Sep 2026 quarter. Income rose 20.7% and profit rose 63.7% compared with a year earlier. Earnings per share were ₹3.91. The net margin was 19.6%, 5.1 percentage points higher than a year earlier (as of 3 November 2026). ### What is Tata Capital's market cap? Tata Capital Ltd's market capitalisation is ₹1,41,649 Cr at a share price of ₹333.80. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Tata Capital performing? Tata Capital Ltd's share price has been rising for 15 weeks. In its latest quarter, income rose 20.7% and profit rose 63.7% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 8 weeks running (as of 3 November 2026). ### Will Tata Capital's share price go up? This page does not forecast Tata Capital Ltd's share price. What it shows instead: the share price is ₹333.80, and it has been rising for 15 weeks. Its P/BV of 2.9× is higher than 17% of its own last 1 years (as of 3 November 2026). ### Who owns Tata Capital? Promoters own 85.4% of Tata Capital Ltd, foreign institutions 5.1%, domestic institutions 3.9% and the public 5.0% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Where is Tata Capital in its business cycle? Tata Capital Ltd's FY26 net margin was 15.5%, against a 6-year range of 12.7% to 21.6%: the middle of its own range, neither a peak nor a low. The latest quarter was 19.6%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Tata Capital story? Biggest thing to watch: the price has already been rising for 15 weeks, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Tata Capital a stock worth studying right now? What the numbers show: Tata Capital Ltd's results are improving, while its P/BV is near the low end of its own history over 10 months, higher than only 17% of past readings. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Tata Capital share price forecast for 2026? What management itself guided: Current AUM growth guidance of 23-25% retained, with growth not prioritized over margins; full-year income growth around 25% and costs around 15%. What is changing at Tata Capital, from the latest results and calls: retail and sme aum expansion, higher-yield disbursements convert into balances and housing and micro-housing scale. What would change the story: The thesis breaks if consolidated AUM growth falls below management’s range while credit cost exceeds its guided corridor and motor-finance runoff does not convert into book growth by the second half of FY27. ### Where does this page get Tata Capital's management information? From Tata Capital's results calls, its filings and public records on governance, each dated on the page. Management’s plans are shown as plans, never as results. This is research, not advice. We’re not SEBI-registered.