BSEResult5d ago · 12 Aug 2026, 03:52 pm

Pursuant to Regulation 33 and 52 and other applicable Regulations of the SEBI Listing Obligations read with Schedule III thereof, we hereby inform you that the Board of Directors of the ....

Tata Motors Ltd · 544569

✦ AI Summary▲ PositiveResults

Tata Motors Ltd reported Q1 FY27 results with revenue of ₹19.3K Cr (+23%), EBITDA of ₹2.3K Cr (+17%), and PBT (bei) of ₹2.1K Cr (+26%). The company also announced the acquisition of an additional 18.1% stake in Freight Tiger, bringing its total holding to 63.6%. The company's domestic CV VAHAN market share for Q1FY27 stood at 36.8%, growing 100 bps sequentially.

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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment9/10

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Tata Motors Ltd - 544569 - Outcome Of The Board Meeting - Results

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BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Fort, Bandra Kurla Complex, Mumbai 400 001 Bandra (East), Mumbai 400 051 August 12, 2026 Sc no. - 106 Dear Sir/Madam, Re: Intimation of outcome of Board Meeting under Regulations 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (‘SEBI Listing Regulations’) Pursuant to Regulations 33 and 52 and other applicable Regulations of the SEBI Listing Regulations read with Schedule III thereof and further to our letter bearing sc no.102 dated July 23, 2026, we hereby inform you that the Board of Directors of Tata Motors Limited (formerly TML Commercial Vehicles Limited) (‘the Company’) at its Meeting held today, i.e., August 12, 2026 has, inter alia, approved the Audited Standalone Financial Results along with Auditor’s Report thereon and the Unaudited Consolidated Financial Results along with the Limited Review Report thereon, for the first quarter ended June 30, 2026 (‘Financial Results’). The aforesaid Financial Results and Reports, along with a copy of the Press Release pertaining thereto for the first quarter ended June 30, 2026, are enclosed herewith. The above information is being made available on the Company’s website at www.cv.tatamotors.com The Board Meeting commenced at 11:30 a.m. (IST) and concluded at 3:35 p.m. (IST). Thanking you. Yours Faithfully, Tata Motors Limited (formerly TML Commercial Vehicles Limited) Ranjan Kumar General Counsel & Company Secretary Encl: as above Tata Motors Limited Results Q2 FY26 November 13, 2025 Tata Motors Limited (formerly TML Commercial Vehicles Ltd.) Q1 FY27 Results Robust revenue and profit growth; resilient margin delivery despite commodity headwinds Standalone Revenue ₹19.3K Cr (+23%), EBITDA ₹2.3K Cr (+17%), PBT (bei) ₹2.1K Cr (+26%) FCF ₹1.1K Cr (up ₹2.9K Cr) Mumbai, Aug 12, 2026: Tata Motors Ltd. (TML) announced its results for quarter ending June 30, 2026. Standa lone* Consolidated Particulars Q1 FY26 Q1 FY27 YoY Q1 FY26 Q1 FY27 YoY Revenue (Rs. Cr.) 15,682 19,329 3,647 (+23%) 17,324 20,667 3,343 (+19%) EBITDA % 12.3% 11.7% (60) bps 11.8% 10.9% (90) bps EBIT % 9.6% 9.4% (20) bps 9.3% 8.5% (80) bps PBT (bei) (Rs. Cr.) 1,635 2,057 422 (+26%) 1,684 3,049 1365 (+81%) FCF (Rs. Cr.) (1,796) 1,114 2,910 (1,954) 359 2,313 *Including Cummins JO Summary: Tata Motors (Standalone) delivered yet another strong quarter with healthy revenue and profitability growth. Quarterly revenue came in at ₹19.3K Cr (+23%), EBITDA at ₹2.3K Cr (+17%) and EBITDA margin at 11.7% (-60 bps). PBT (bei) for the quarter stood at ₹2.1K Cr (+26%) and Profit after tax was ₹1.5K Cr. Despite severe commodity headwinds, the business delivered resilient profitability owing to disciplined pricing, cost efficiency measures and improved operating leverage. Strong operational performance and continued efficient working capital management resulted in positive Free Cash Flow of ₹1.1K Cr (+₹2.9K Cr) in the first quarter.Net cash for the domestic business stood at ₹7.1K Cr as of June 30, 2026, post dividend payout of ₹1,473 Cr in the quarter. Auto ROCE continues to be robust for the quarter and stood at 68% (72% in FY26). Consolidated financials: Consolidated revenues for Q1 FY27 stood at ₹20.7K Cr (+19%), EBITDA at ₹2.3K Cr (+10%) and EBITDA margin came in at 10.9% (-90 bps). PBT (bei) for the quarter was ₹3.0K Cr (+81%) and Profit after tax stood at ₹2.6K Cr (+83%), led by mark to market gain on investments in Tata Capital Ltd. As at June 30, 2026, the Company was Net Cash positive at ₹13.5K Cr. This includes TMF Holdings gross debt less market value of TMF Holdings investments in Tata Capital Ltd. Corporate Actions: Iveco update: The regulatory approvals are in the final stage, with only one pending approval to be received by the Company. All the queries of the competent authority have been addressed, and the final clearance is expected to be received by end of August 2026. Accordingly, the Tender Offer is expected to be launched in early September 2026 with an expected closure by early November 2026. Freight Tiger Subsidiarization: Freight Tiger is now a subsidiary with the acquisition of an additional ~18.1% equity stake in May 2026 for ₹95.66 Cr bringing its total holding to ~63.6%. This acquisition is aimed at bringing together FleetEdge and Freight Tiger to forge a comprehensive end-to-end digital ecosystem for the entire logistics value chain, covering both the trucks and the trip ecosystem. Page 1 of 2 Tata Motors Limited Results Q2 FY26 November 13, 2025 Business Highlights for the quarter: • Total wholesales for Q1 FY27 stood at 108.7K units (+26%) • Domestic & Export volumes were up 26% and 35% YoY respectively • Overall domestic CV VAHAN market share for Q1FY27 stood at 36.8%, growing 100 bps sequentially Category wise market shares - HCV 56.3%, ILMCV 36.9%, SCV PU 27.7%, CV Passenger 41.3% • Strengthened eCV leadership with over 3,400 electric vehicle orders across segments • Launched Ace Gold+ XL, Intra V40, Intra EV, expanding the SCV portfolio across ICE, CNG and EVs • Initiated deliveries against Indonesia order • Achieved 10 Lakh Commercial Vehicles Production Milestone at Lucknow Plant • Partnered with HPCL to develop a scalable circular economy model for used automotive lubricants • Tata Motors Foundation’s Integrated Village Development Programme reaches nearly 200 villages nationwide Girish Wagh, MD & CEO, Tata Motors Ltd. said: "The commercial vehicle industry remained resilient in Q1 FY27, supported by India's strong economic fundamentals, healthy fleet utilization, and sustained demand across key sectors. Tata Motors delivered a strong quarter, with volumes growing 26% year-on-year, driven by a winning portfolio, focused market interventions, and disciplined execution. These efforts helped us strengthen customer preference and further consolidate our market position. Our ecosystem-led approach to electrification continued to gain momentum, reflected in a growing order pipeline across segments. The eSCV segment recorded its strongest-ever performance, achieving ~10% salience during May and June and ~47% market share in Q1, underscoring the increasing adoption of electric commercial vehicles and the strength of our integrated EV ecosystem. Looking ahead, supported by a robust product portfolio, continued innovation, and a relentless focus on delivering better customer value, we remain confident of strengthening our market leadership and delivering sustainable, profitable growth in the following quarters." GV Ramanan, CFO, Tata Motors Ltd. said: “Q1FY27 was a strong quarter, with healthy growth in revenue, profitability and an EBITDA margin of 11.7% despite severe commodity headwinds amidst geopolitical tensions. Free cash flow for the quarter was robust at ₹1.1K crore. This performance reflects improved business fundamentals, continued working capital management, and sustained financial discipline across the organization. While commodity pressure continues to persist, we remain confident in our ability to navigate the environment through operational efficiencies, pricing discipline, and proactive supply chain management to deliver resilient margins and profitable growth.” –ENDS– Page 2 of 2 BS R & Co. LLP 14th Floor, Central B Wing and North C Wing Nesco IT Park 4, Nesco Center Western Express Highway Chartered Accountants Goregaon (East), Mumbai - 400 063, India Telephone: +91 (22) 6257 1000 Fax: +91 (22) 6257 1010 lndeoendent Auditors Reoort To the Board of Directors of Tata Motors Limited (formerly TML Commercial Vehicles Limited) Report on the audit of the Standalone Financial Results Opinion We have audited the accompanying standalone quarterly financial results ofTata Motors Limited (formerly TML Commercial Vehicles Limited) ("the Company") for the quarter ended 30 June 2026 ("the Standalone Financial Results"), (in which are included consolidated interim fina [Showing first 8,000 characters — download PDF for full document]