auto

Tata Motors Passenger Vehicles

TATAMOTORS · Nifty 50

360.95

Price 2026-06-17

BROAD EXPANSION73% confidence

At a Glance

Sector Positionauto sector. Flow: neutral. is not among current leaders. Regime: BROAD EXPANSION (73%).
Fundamental Score60/100 (ADEQUATE). 3 positive flags, 3 concerns.
Historical Context231 similar technical setups. Average outcome: -13.3% decline. 0% positive.

Fundamental

60/100

ADEQUATE

Trust

95/100

Verification

Coverage

11/100

LIMITED

Quick Take

Tata Motors Passenger Vehicles scores 60/100 on fundamentals (adequate). Tata Motors Passenger Vehicles: BROAD EXPANSION regime.

Fundamental Score: 60/100 · ADEQUATE · 2 signals detected

DuPont Analysis

ROE 73.5% broken into three drivers. Each shows how efficiently the company generates returns.

ROE73.5%=
23.5%Net Margin
×
0.9xTurnover
×
3.4xLeverage

ROE of 73.52% is strong efficiency-driven and stable. Net margin of 23.5% × asset turnover of 0.92x × leverage of 3.4x.

What This Means

Net margin of 23.5% means the company keeps ₹23.5 as profit for every ₹100 of revenue. This is a healthy margin. Asset turnover of 0.92x means the company efficiently uses its assets to generate revenue. Leverage of 3.4x means the company uses significant debt. Higher leverage amplifies returns but also risk.

Margin Structure

Gross

35.6%

Operating

0.9%

Net

23.5%

improving

Gross margin 35.6% → operating margin 0.9% → net margin 23.5%. Margins are IMPROVING. Strong pricing power with stable gross margins suggests the improvement is from operating leverage — sustainable.

Financial Health

Earnings Quality

WEAK

Cash flow only covers 0.2x of net income — earnings quality is WEAK. Profit may not be converting to cash. Check receivables and inventory.

Debt Sustainability

STRETCHED

Interest covered only 1.0x — stretched. Rising rates could pressure profitability. Debt/EBITDA at 3.4x is moderate.

Free Cash Flow

MODERATE

FCF margin negative at -6.6% — spending more than earning. Check capex cycle.

Peer Comparison

Tata Motors Passenger Vehicles is compared against 10 peers in the auto sector.

Key Watchpoints

🟢

Breaks above ₹379 (+5%)

Trend reversal confirmation

🔴

Breaks below ₹343 (-5%)

Further downside risk

🟢

Auto sector entering leadership

Sector rotation signal

Detected Patterns

➡️ Leverage Slowly Rising: Debt growing faster (6.9%) than equity (-3.5%)
⚠️ Low Earnings Quality: Cash flow only 0.2x earnings — weak cash conversion

Risk Flags

🔴 2 Critical⚠️ 1 Warning3 Positive6 total flags
🔴Cash covers only 14% of current liabilities
Balance Sheet

Liquidity squeeze. Company may struggle to meet short-term obligations without refinancing.

🔴Operating cash flow significantly below net income
Cash Flow

OCF is only 0.2x net income. Profit not converting to cash — aggressive accounting possible.

⚠️Working capital changes are 69% of operating cash flow
Cash Flow

Working capital is consuming significant cash. Operational efficiency declining.

Minimal unusual items — clean earnings
Earnings Quality

Profits are from core operations, not one-offs. High quality.

PEG ratio: 0.3x — attractive growth-adjusted valuation
Valuation

Growth available at reasonable price. Favourable risk-reward.

Price/Sales: 0.4x — reasonable revenue multiple
Valuation

Company not overvalued on revenue basis.

🔴 2 CRITICAL flags — significant concerns. Investigate before investing.

Data Quality

95/100All ratios self-computed from verified sources. 🟢 5 years of financial data — sufficient for trend analysis

News Correlation

margin pressure (4)management outlook (4)
⚠️ Our margin analysis (improving) contradicts news reports of margin pressure — investigate

50 articles scanned for fundamental themes

Facts

Sector Peers
10
Tata Motors Passenger Vehicles Stock Analysis, Valuation, Fundamentals & Intelligence | FynSight