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VIJAY KUMAR GUPTA

2nd Jun · SEBI-Registered Analyst

$TMCV Tata Motors Limited has officially completed its planned corporate demerger, splitting into two distinct publicly traded companies: Tata Motors Commercial Vehicles Ltd (TMCV) and Tata Motors Passenger Vehicles Ltd (TMPV).Current Stock PerformanceFollowing the demerger, both entities trade independently on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).Tata Motors Passenger Vehicles Ltd (TMPV): Trading at ₹389.15, up 1.10%. It commands a market capitalisation of approximately ₹1.45 lakh crore with a 52-week range of ₹294.30 – ₹***** Motors Commercial Vehicles Ltd (TMCV): Trading at ₹368.00, down 1.78%. It holds a market capitalisation of ₹1.35 lakh crore with a 52-week range of ₹306.00 – ₹***** Financial & Operational Highlights (Q4 FY26)Surging Net Profits: Tata Motors announced a stellar 79.5% year-on-year surge in Q4 FY26 net profit to ₹2,406 crore. Full-year FY26 revenue reached ₹77,399 ***** Positive: The company successfully turned consolidated net-cash positive, reporting a net cash cushion of ₹13,700 crore as of March 31, ***** Payout: The Board recommended a final dividend of ₹4 per equity share (Face Value ₹2) for ***** Sales Updates (May 2026)Passenger & EV Growth: Passenger vehicle sales spiked by 42% YoY to 59,790 units. This expansion was propelled by a record-breaking month for the electric vehicle (EV) segment, with sales surging 85% YoY to 10,517 units, consolidating Tata's spot as India's second-largest PV ***** Vehicle Growth: Total CV sales expanded 17% YoY to 32,850 units, backed heavily by local cargo and pickup truck demand, despite an international export slowdown of 9%.Product Pipeline: Tata recently rolled out a major facelift for the 2026 Tiago and Tiago EV and is scheduled to launch the highly anticipated Sierra EV with an estimated 500km+ range in Q2 FY2027.

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