Tata Motors Passenger Vehicles share price today

Tata Motors Passenger Vehicles Ltd's share price was ₹276.70 at the close on 3 November 2026. It has been falling for 103 weeks. That is 17.2% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 20 weeks running.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Tata Motors Passenger Vehicles Ltd is in stage 4. The phase helps read everything below.

In the last 52 weeks it traded between ₹265 and ₹406, and at that close it sat 9% of the way up from that low.

Over the last 11 years the share price moved +52% while the NIFTY 500 moved +257%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 25 June 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.

Three changes stood out: indian funds and insurers (DIIs) raised their stake for 3 quarters in a row, foreign funds (FIIs) cut their stake for 3 quarters in a row and operating margin down 3 points on a year earlier.

1. Indian funds and insurers (DIIs) raised their stake for 3 quarters in a row

   From 15.1% to 17.9% of the company by the September 2026 quarter.

2. Foreign funds (FIIs) cut their stake for 3 quarters in a row

   From 17.9% to 15.3% of the company by the September 2026 quarter.

3. Operating margin down 3 points on a year earlier

   6% in the June 2026 quarter, from 9%.

   Why: The margin fell because JLR sold fewer Range Rover and Range Rover Sport cars after a supplier fire and the old Jaguar model being phased out.

   Next results: check whether JLR profit recovers after the supplier fire, since management kept its full-year plan.

   From the earnings call on 13 Aug 2026.

For April to June 2026 (the quarter ended 30 June 2026), Tata Motors Passenger Vehicles reported revenue of ₹95,799 crore, up 9.3% from ₹87,677 crore a year earlier, and a profit of ₹859 crore, down 78.5% from ₹4,003 crore.

Tata Motors Passenger Vehicles results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Tata Motors Passenger Vehicles' management discussed these results on a call held on 13 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Tata Motors Passenger Vehicles closed at ₹276.70 on 3 November 2026, down 32.5% from ₹410.00 a year earlier (31 October 2025) and down 6.5% over five years. Its highest weekly close since February 2016 was ₹675.59 on 26 July 2024.

Tata Motors Passenger Vehicles share price: then and now

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.

565 weekly closes from 26 February 2016 to 3 November 2026.

3 Nov 2026: Tata Motors Passenger Vehicles closed at ₹276.70, up 4.6% on the week and down 1.0% on the month. 13 Aug 2026: Tata Motors Passenger Vehicles held its results call for April to June 2026. Management guided: JLR FY27 full-year guidance retained after Q1; results were described as not inconsistent with it.

Earlier

• Results for April to June 2026: Revenue up 9.3% and profit down 78.5% on a year earlier.
• 19 Jun 2026: ex-date for a dividend of ₹3 a share.

Tata Motors Passenger Vehicles paid ₹3 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 1.08% at the ₹276.70 close on 3 November 2026. The last was a dividend of ₹3 a share, ex-date 19 June 2026.

Tata Motors Passenger Vehicles dividends since 1 April 2021

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.

Yes. Tata Motors Passenger Vehicles Ltd paid out 1% of its profit as dividends in FY26, and it paid a dividend in 6 of its last 13 reported years.

From the NSE corporate-actions record, read 4 November 2026.

On the call for April to June 2026, held on 13 August 2026, Tata Motors Passenger Vehicles' management guided: JLR FY27 full-year guidance retained after Q1; results were described as not inconsistent with it.

“China is very unlikely to get any easier for us. It is probably going to get a little worse before it stabilizes.”Richard Molyneux, on the call for April to June 2026

What management guided

• JLR goals 10% annual revenue growth, average sale price well north of GBP 80,000 in roughly 18 months and GBP 1.7 billion of savings across ex-works, warranty and fixed costs.
• JLR BEV launches begin later this year, Jaguar Type 01 starts early next year; spending shifts toward capital, and a definitive Stellantis US agreement is planned by year-end.
• JLR FY27 EV volume tentatively about 12,000 cars; EV powertrains expected at least margin-neutral and EMA vehicles potentially accretive.
• India PV FY27 volume growth planned at higher double digits; monthly production 65,000-plus toward 70,000; exports planned at growth about 2x last year's achieved growth.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 13 August 2026.

When Tata Motors Passenger Vehicles reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: JLR EBIT progression after supplier-fire resolution - check remaining-year recovery against the retained full-year framework.

Tata Motors Passenger Vehicles is on 3 of our India lists: Nifty 50 companies, 52 week high & low and Small & mid cap stocks.

Tata Motors Passenger Vehicles Ltd earned ₹859 Cr of net profit in the Jun 2026 quarter, −78.5% on the same quarter a year earlier. Full-year FY26 profit was ₹82,645 Cr. Over 10 years profit has grown 21.6% a year on average. That is 0.9% of the quarter's revenue. The same quarter a year earlier earned ₹4,003 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

1 of the last 12 reported quarters were loss-making.

For the full year, FY26 profit was ₹82,645 Cr (+193.6% on the year before).

Why profit moved: revenue changed +9.3% on a year earlier and the margin moved −3.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +448.1% and revenue −5.7%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Tata Motors Passenger Vehicles Ltd reported ₹95,799 Cr of revenue in the Jun 2026 quarter, +9.3% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 2.1% a year on average. The last full year, FY26, came in at ₹3,35,582 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹3,43,703 Cr.

FY26 revenue was ₹3,35,582 Cr, −8.3% on the year before.

Recent pace: the last four quarters grew −5.7% on average, against 2.1% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −5.6%, against −11.8% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +268.7%, against +42.6% a year (accelerating).

Tata Motors Passenger Vehicles Ltd's operating margin was 6.0% in the Jun 2026 quarter, 3.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 6.0% and 15.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −2.9 percentage points on the year while gross margin changed +0.7 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 101% of Tata Motors Passenger Vehicles Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹13,041 Cr of operating cash against ₹82,645 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹45,591 Cr of spending on assets, free cash was −₹32,550 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 101% of profit came in as cash: the cash cycle got 15 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 1.9× depreciation over three years. The next section checks what that spending is building.

Tata Motors Passenger Vehicles Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −59 days in FY26, up from −74 days in FY21. It spent ₹1,29,081 Cr on assets over the last 3 years. Customers take 14 days to pay, and stock sits for 85 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹3,35,582 Cr, each day of that cycle ties up about ₹919 Cr, so roughly −₹54,245 Cr is tied up in the business at any time.

FY26: customers took 14 days to pay and stock sat for 85 days, about 2.8 months of sales sitting as stock, for a full cycle of −59 days, longer than FY21's −74.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 85 days. Customers pay about 14 days after that. Suppliers are paid at 158 days. Together that makes the −59-day cycle.

Spending on assets: ₹1,29,081 Cr over the last 3 years, against ₹68,125 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹1,02,654 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Tata Motors Passenger Vehicles Ltd's P/E is 102.4×, about the highest it has ever been. Its usual P/E (the middle reading) is 9.2×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.