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Navin Choudhary SEBI RIA

27th Mar 2025 · SEBI-Registered Analyst

About Tata Motors Ltd

TATAMOTORS
Tata Motors Group is a leading global automobile manufacturer. Part of the illustrious multi-national conglomerate, the Tata group, it offers a wide and diverse portfolio of cars, sports utility vehicles, trucks, buses and defence vehicles to the world. It has operations in India, the UK, South Korea, South Africa, China, Brazil, Austria and Slovakia through a strong global network of subsidiaries, associate companies and Joint Ventures (JVs), including Jaguar Land Rover in the UK and Tata Daewoo in South Korea. Business Segments 1) Jaguar Land Rover (71% in 9M FY25 vs 67% in FY22): [1] [2] The company offers premium luxury vehicles through Jaguar Land Rover, which it acquired in 2008 for $2.3 billion. The Jaguar brand offers luxury sedans, electric vehicles, and sports cars, while Land Rover focuses on SUVs and off-road vehicles. 2) TATA Commercial Vehicles (17% in 9M FY25 vs 19% in FY22): The company is India’s largest CV manufacturer with a domestic Vahan market share of 37.7% as of 9M FY25 vs 41.7% as of FY23. It offers a range of products and services across cargo and public transportation segments including Trucks, Buses, and Vans. 3) TATA Passenger Vehicles (11% in 9M FY25 vs 11% in FY22): The company's passenger vehicle (PV) portfolio comprises sedans, SUVs, electric vehicles (EVs), etc. It ranks as the 3rd-largest car manufacturer in India's PV sector, holding a 13.3% domestic PV Vahan market share in 9M FY25 and a 53% EV Vahan market share in Q3 FY25. Additionally, it has India’s 2nd-largest PV sales network and an EV charging infrastructure with 18,100+ stations. [13] [14] In Q3 FY25, the company launched the 2025 Tiago, Tiago. ev, and Tigor with updated tech, design, and colors. 4) Other (1% in 9M FY25 vs 3% in FY22): The company offers vehicle financing services through independent dealers and a branch network. It has disbursed Rs. 17,884 Cr and Rs. 18,334 Cr in vehicle financing in India during FY24 and FY23, respectively.

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