Tata Motors Limited — PPTs, 08-08-2025: Investor Presentation

**Financial Highlights:**

Consolidated Q1FY26 revenue was ₹104,400 Cr (-2.5% YoY) with 9.2% EBITDA margin. Free cash flow was negative ₹12,300 Cr. JLR revenue saw a decline with 4.0% EBIT margin due to US tariffs, but maintains FY26 EBIT guidance of 5-7%. Domestic segments: Tata CV achieved healthy 12.2% EBITDA, while Tata PV's EBITDA was 4.0% amidst moderated off-takes.

**Strategic Initiatives & Growth Drivers:**

New launches include Harrier.ev, Ace Pro mini-truck, and truck AC cabins. JLR targets £1.4b annual savings via enterprise missions. Tata CV aims for market share gains. Tata PV focuses on festive launches and accelerating EV growth to 8K+ monthly units, leveraging digital platforms.

**Business Developments:**

Tata Motors plans to acquire Iveco Group N.V. (excluding Defence) for €3.8 billion, expected by April 2026. The demerger is progressing. Q1 volumes were impacted by temporary US shipment pauses for JLR and moderated wholesales for Tata PV.

**Market Position & Competitive Advantage:**

JLR's Moody's rating was upgraded, with US tariffs expected to ease. Tata CV maintains strong market share. Tata PV holds 12.3% Vahan market share, with alternative powertrains (EV/CNG) at 40% mix, targeting 50%+ EV leadership.

**Investor Implications:**

Despite Q1 headwinds from US tariffs and softer domestic demand, the company's strategic acquisitions, new products, and efficiency focus indicate positive growth potential. JLR's maintained guidance and tariff mitigation are crucial for investors.