Tata Motors – Big Corporate Restructuring Approved!

Tata Motors – Big Corporate Restructuring Approved! The NCLT has sanctioned Tata Motors’ Composite Scheme of Arrangement, which means the demerger & amalgamation of: Tata Motors Ltd (TML) Tata Motors Commercial Vehicles (TMLCV) Tata Motors Passenger Vehicles (TMPV – includes EVs) 👉 Why important? Structure becomes simple & transparent. CV & PV businesses will be seen as independent value creators. Better capital allocation + clear focus for investors. 📊 Financial Snapshot Q1 FY26 (Apr–Jun 2025): Revenue: ₹1.04 lakh crore (–2.5% YoY) EBITDA: ₹9,700 crore (–36%) PBT: ₹5,600 crore (drop of ₹3,200 crore) Free Cash Flow: –₹12,300 crore FY25 Full Year: Revenue: ~₹4.40 trillion (+1.3%) Net Profit: ₹22,960 crore (–28%) EPS: ₹65 Profit Margin: 5.2% vs 7.4% last year Q4 FY25: Revenue: ₹1.19 lakh crore (flat) Net Profit: ₹8,556 crore (–51%) Dividend: ₹6/share Jaguar Land Rover (JLR): FY25 Pre-Tax Profit: £2.5 billion → best in 10 years 📈 Valuation & Ratios P/E: ~11–12× P/B: ~2× ROE: ~28% | ROCE: ~20%