Tata Motors Passenger Vehicles Limited has informed the Exchange that Board of Directors at its meeting held on May 14, 2026, recommended Final Dividend of Rs. 3 per equity share.
TMPV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Tata Motors Passenger Vehicles Limited reported Q4 FY26 consolidated revenue of Rs. 105.4K Cr (up 7.2% QoQ) though FY26 full-year revenue declined 8.3% to Rs. 335.6K Cr. JLR revenue dropped sharply to £22.9bn (-20.9% YoY) due to tariffs, cyber incident, China challenges and planned Jaguar model wind-down. Consolidated EBITDA margin compressed to 6.8% (-660 bps) and EBIT margin to 1.1% (-660 bps) for FY26. PAT from continuing operations turned negative at Rs. (1.6)K Cr after exceptional items of Rs. 4.1K Cr. Standalone domestic PV business was a bright spot with FY26 revenue of Rs. 58.5K Cr (+20.7% YoY), EBITDA margin of 6.9% and positive FCF of Rs. 1.7K Cr. Net Debt stood at Rs. 30.7K Cr. Auditors issued unmodified opinions with an Emphasis of Matter on the Composite Scheme of Arrangement (demerger/merger) requiring restatement of comparatives. Board recommended final dividend of Rs. 3 per share (150% on Rs. 2 face value).
The mixed results show resilience in the domestic PV business (20.7% revenue growth, margin improvement) but significant headwinds at JLR weighing on consolidated profitability. The recommended dividend signals management confidence, though the restatement of financials due to the corporate restructuring requires careful attention.