TMCV · Concall Summary
Tata Motors Ltd
Tata Motors Limited (TML) reported Q2 FY27 results for the quarter ended September 30, 2026, highlighting strong revenue growth and operational performance. Standalone revenue reached ₹23.9K Cr, up 42% YoY, with EBITDA at ₹2.8K Cr (up 31% YoY) and PBT (bei) at ₹2.7K Cr (up 51% YoY). The consolidated revenue was ₹25.3K Cr, up 36% YoY, with EBITDA at ₹2.8K Cr (up 31% YoY) and PBT (bei) at ₹1.8K Cr (up 423% YoY). The company maintained EBITDA margins despite commodity headwinds, driven by operating leverage and cost efficiencies. Wholesales grew 42% YoY to 135K units, with double-digit growth across segments and international business up 177% YoY. Domestic market share in H1 FY27 reached 36.2%, up 110bps YoY. Strategic priorities for Q3 FY27 include leveraging demand momentum, driving productivity improvements, scaling electric vehicles, and managing geopolitical risks in international operations. The company also noted robust free cash flow of ₹5.7K Cr for H1 FY27 and a strong net cash position of ₹15.9K Cr. The presentation included details on business updates, financial metrics, and operational highlights, with a focus on sustainability and digital initiatives. The document also outlined the IVECO acquisition timeline and key financial definitions for clarity.
The document emphasizes strong revenue growth, improved EBITDA and PBT, increased market share, and positive operational performance across segments.
View source filing →Earlier concalls
- 2026-08-18 — Tata Motors Limited conducted its Q1 FY27 earnings call on August 12, 2026, where management highlighted a robust quarte…
- 2026-08-12 — Tata Motors Limited submitted an investor presentation detailing its financial results for the first quarter ended June …
- 2026-06-23 — Tata Motors Limited submitted an investor presentation to be made to analysts and investors on June 23, 2026, as part of…