Tata Motors Limited — PPTs, 29-01-2026: Investor Presentation

Tata Motors' CV segment delivered strong Q3 FY26 performance: wholesales rose 20% YoY to 117,000 units, with YTD figures reaching 301,600 units (+9% YoY). Growth was broad across categories, notably HCVs (+23%) and ILMCVs (+26%). Domestic market share stands at 35.5%, showing strong HCV recovery.

Strategically, the company focuses on its new truck portfolio, including the electric Tata Trucks.ev range, and expanding market presence. Key growth drivers include fulfilling a 6,000+ unit government order book for CV Passengers and boosting Ace Pro/Intra volumes. Parts & Services and International businesses saw significant momentum, with shipments up 70% YoY.

Recent developments include launching 17 Next-Generation Trucks emphasizing safety and profitability.

Financially, Q3 FY26 CV segment revenue climbed 17% YoY to ₹21.5K Cr. EBITDA improved to 12.7% (+30 bps YoY) and EBIT to 10.6% (+100 bps YoY). Profit before exceptional items (PBT) jumped 36% YoY to ₹2.3K Cr. Robust Free Cash Flow of ₹4,752 Cr led to a net cash position of ₹3.9K Cr. YTD Return on Capital Employed (ROCE) was 53%.

Management anticipates strong Q4 FY26 demand, driven by infrastructure spending. Outlook: continued volume expansion, market leadership, and consistent strong financial performance.