Tata Motors Q4 FY2022 Research Tear Sheet

Tata Motors Limited is an Indian multinational company. It mainly deals with automotive manufacturing. The company is headquartered in Mumbai, India. The products include Automobiles, Luxury Vehicles, Commercial Vehicles, Automotive parts, pickup trucks and SUV’s. It was incorporated in the year 1945. The company has its operation worldwide. Tata Motors has auto manufacturing and vehicle plants in different parts Jamshedpur, Pantnagar, Lucknow, Sanand, Dharwad, and Pune in India, as well as in Argentina, South Africa, the United Kingdom, and Thailand. Tata Motors Limited is a well known multinational company in the automotive industry. Tata Motors is the third-largest carmaker now in India. It holds 9 percent share  in the world’s and stands fourth-largest automobile market. At present, the Tata Motors group is present in over 125 countries.

Key Financial Highlights

Rs in Crore	31-03-2022	31-03-2021
Total Revenue from operations	17,338.27	13,480.42
Total Income	17,533.59	13,591.10
Total expenses	17,221.05	13,236.82
Profit/(loss) before tax	454.09	192.23
Profit/(loss) after tax	413.35	163.79

Outlook

Expects positive free cash flow in FY23.

It anticipates an improvement in EBIT margins by 10% or more by FY26.

The company targets to achieve zero net debt in FY24.

Management Updates

ROEs stood at 5.4%.

Free cash flow increased to £340 million in Q4.

Liquidity stood at £6.4 billion as on 31 March 2022.

Finance costs improved by ₹ 1,  215Cr to ₹ 9,312Cr.

Standalone Highlights

There is a decline i the revenue for 27.1% for Jaguar Land Rover.

The revenue from Tata Commercial Vehicle improved by 29.3%.

The Revenue of Tata PV shows an improvement of 62%.

Consolidated Highlights

The consolidated revenue improved by 11.5% to Rs278.5K crores.

EBITDA declined by 260 bps.

EBIT declined by 190 bps.