- Tata Motors’ net income for the third quarter was 54.51 billion rupees, a 22% decrease year-over-year, and below the estimated 64.35 billion rupees.
- Revenue was reported at 1.14 trillion rupees, a 2.7% increase from the previous year, but fell short of the 1.17 trillion rupee estimate.
- The revenue from Tata’s commercial vehicles segment dropped 8.5% year-over-year to 184 billion rupees, missing the estimated 196.1 billion rupees.
- Tata’s passenger vehicles revenue decreased by 3.9% year-over-year to 124 billion rupees, coming in below the expected 127.54 billion rupees.
- Jaguar Land Rover’s revenue increased 1.4% year-over-year, reaching 7.5 billion GBP.
- Tata Motors’ finance costs fell by 31% year-over-year to 17.25 billion rupees, under the estimated 20.05 billion rupees.
- The EBITDA margin for Jaguar Land Rover declined to 14.2% from 16.2% year-over-year.
- Following these reports, shares of Tata Motors rose by 3.3% to 752.50 rupees, with 12.5 million shares traded.
- The company’s stock is currently endorsed by 22 buy ratings, with 9 hold ratings and 4 sell ratings noted.
Tata Motors Ltd on Smartkarma
Analyst coverage of Tata Motors Ltd on Smartkarma is highly positive, with top independent analysts providing valuable insights into the company’s performance and future prospects.
Notable reports include Leonard Law, CFA‘s “Morning Views Asia” focusing on Tata Motors ADR and Yankuang Energy Group, Brian Freitas‘s analysis on the index impact of DVR cancellation for Tata Motors, and Trung Nguyen‘s “Earnings Flash” discussing Q1 FY 2024-25 results. These reports highlight bullish sentiments towards Tata Motors, citing factors such as strong revenue and profit growth, upcoming product launches, and positive market implications from corporate actions. Investors can leverage these expert opinions on Smartkarma to make informed decisions regarding Tata Motors Ltd.
A look at Tata Motors Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts at Smartkarma have assessed Tata Motors Ltd using their Smart Scores system to determine the company’s long-term outlook. The scores cover various aspects of the company’s performance, with Tata Motors receiving a mixed bag of scores. While the company scored high in Growth, indicating strong potential for expanding its operations and revenues in the future, it received moderate scores in Value, Dividend, and Resilience. This suggests that Tata Motors may have room for improvement in these areas to enhance its overall financial health and stability. The lowest score in Momentum indicates that the company may be facing challenges in maintaining a positive stock price trend in the near term.
Tata Motors Limited, a leading automotive manufacturer, specializes in producing a wide range of vehicles, including cars and commercial automotive vehicles such as trucks, vans, buses, and ambulances. With a focus on manufacturing heavy, medium, and small commercial vehicles, Tata Motors also offers small cars and sports utility vehicles to cater to diverse consumer needs. Despite facing some challenges in certain aspects of its financial performance, Tata Motors continues to strive for growth and innovation in the competitive automotive industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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