Tata Motors Limited — Investor Meet, 19-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Tata Motors reported strong FY26 results with Rs. 77,000 Cr revenue (+11% YoY) and a 13.2% EBITDA margin. Q4 continued this trend, driven by new products and international orders, including 70,000 vehicles for Indonesia. Management expects Q1 FY27 single-digit growth but remains cautious due to significant commodity cost headwinds (partially offset by a 2% price hike and cost controls) and diesel prices. The Iveco deal is expected to close by Q2 FY27. The company's EV penetration in SCV pickups reached 7%, reflecting strong product traction. Overall, management is confident in underlying demand, despite external uncertainties.