Tata Motors Passenger Vehicles Limited (TMPV.NS) stock analysis

In our weekly check, Tata Motors Passenger Vehicles Limited is graded D (A to F). Of 25 checks on debt, profit, cash flow and trend: 13 pass, warnings: 1, red flags: 11.

About Tata Motors Passenger Vehicles Limited

Tata Motors Passenger Vehicles Limited is a Consumer Cyclical company (Auto - Manufacturers) based in India, listed on NSE as TMPV.NS.

What our checks show for TMPV.NS

Red flags

• Operating profit does not cover the interest bill (-0.1x): interest is paid from cash or new debt.
• The gross margin fell by 4.9 points, to 35.8%: costs are rising faster than prices.
• Operating cash flow is only 0.16x net profit: part of the reported profit does not arrive as cash.
• Analysts expect the net margin to shrink by 20.4 points from today's 24.7%.
• Revenue fell 1.2% a year over the last 3 years.
• Free cash flow is negative (-7% of revenue): the business spends more cash than it brings in.
• The dividend takes 254% of profit: little cushion if profit falls.
• The stock has fallen as much as 89% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 3.2 years.
• Return on capital (ROCE) is zero or negative: the business does not earn on the money put into it.
• Pay in shares equals 0% of free cash flow: it dilutes shareholders.

Warning signs

• Analysts expect earnings per share to shrink about 37% a year.

Strengths

• The net margin rose by 28.8 points over 5 years, to 24.7%.
• Earnings per share grew 229% a year over the last 3 years.
• Net profit grew 224% a year over the last 3 years.
• The company keeps 24.7% of its revenue as net profit.
• The price is 1.2 times earnings (P/E), reasonable for its growth.
• A large company: market value $10.29 billion.

Next earnings report: 2026-11-13

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Questions

What grade does Tata Motors Passenger Vehicles Limited (TMPV.NS) have?

In our weekly check, Tata Motors Passenger Vehicles Limited is graded D (A to F). Of 25 checks on debt, profit, cash flow and trend: 13 pass, warnings: 1, red flags: 11. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of TMPV.NS stock?

This week's biggest flags for Tata Motors Passenger Vehicles Limited: Weak interest cover, Gross margin falling, Profits not backed by cash. In total 12 of 25 checks show a warning or a red flag.

What does Tata Motors Passenger Vehicles Limited do?

Tata Motors Passenger Vehicles Limited is a Consumer Cyclical company (Auto - Manufacturers) based in India, listed on NSE as TMPV.NS.

When does Tata Motors Passenger Vehicles Limited report earnings next?

The next earnings report is expected on 2026-11-13. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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