Tata Motors Limited — PPTs, 13-05-2025: Investor Presentation

1. Financial Highlights:

Tata Motors consolidated revenue hit ₹1,19,503 Cr in Q4 and ₹4,39,695 Cr for FY25, up 1.3% YoY. EBITDA margin eased slightly to 14.0% in Q4 and 13.1% for FY25 (down 100 bps). Profit before tax (bei) surged to ₹12,070 Cr in Q4 and a record ₹34,330 Cr for the full year. Auto free cash flow was strong at ₹19,400 Cr in Q4 and ₹22,400 Cr for FY25. Net auto cash ended at ₹1,000 Cr, reflecting solid deleveraging. Jaguar Land Rover (JLR) posted stable revenue (~£28.96 billion), improved EBIT margin at 8.5%, and PBT (bei) of £2.5 billion on controlled costs and portfolio mix. Tata Commercial Vehicles achieved ₹75,053 Cr revenue with 11.8% EBITDA margins, while Tata Passenger Vehicles recorded ₹48,445 Cr revenue with improved 6.9% EBITDA margins despite volume softness.

2. Strategic Initiatives & Growth Drivers:

New launches like Curvv and ACE EV 1000 bolster Tata’s EV and alternate fuel push, achieving price parity with ICE models. Commercial Vehicles introduced 14 new models featuring smart tech, showcased at Auto Expo 2025. JLR advanced electrification with the Defender Octa launch and ongoing Range Rover EV testing. The group also spearheads India’s first hydrogen truck trials, highlighting green mobility focus. Capex and R&D investment rose to ~₹8,400 Cr in FY25, underpinning product and technology expansion.

3. Business Developments:

Tata Motors Finance merged into Tata Capital to streamline vehicle financing. JLR finalized a license deal for Freelander in its China JV. Digital efforts scaled with Fleet Edge (796K active connected vehicles) and E-Dukaan spare parts platform growing retail and fleet penetration. Electric bus deployment expanded beyond 3,600 units across Indian cities, coupled with entry into staff transport services.

4. Market Position & Competitive Advantage:

Tata Motors leads India’s SUV market, driven by Punch as the top private SUV and rising CNG share. JLR remains a premium luxury leader with consistent 8.5%+ EBIT margins and 85% electrified sales mix. Strong deleveraging and focus on double-digit EBITDA margins provide competitive strength. Tata Commercial Vehicles sustain healthy margins despite revenue pressures, boosted by new products and regulatory alignment.

5. Investor Implications:

The company shows positive growth potential via diversified launches, robust cash flow, and stable margin control. Commitment to deleveraging, green mobility, and digitalization supports sustainable profitability. Investors should watch EV rollouts, JLR’s tariff exposure, and domestic volume trends. Earnings resilience and expanding portfolios offer attractive cash-generative prospects ahead.