The Board of Directors at its Meeting held today i.e. May 14, 2026 has recommended declaration of final dividend of Rs 3.00 per Equity Share of Rs 2 each for the financial year ended March 31, 2026.
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Tata Motors Passenger Vehicles Ltd has recommended a final dividend of Rs 3 per equity share (150% on Rs 2 face value) for FY26, subject to shareholder approval at the AGM on July 8, 2026. The company reported consolidated Q4 FY26 revenue of Rs 105.4K Cr (up 7.2%) with EBITDA of Rs 13.9K Cr and improved free cash flow of Rs 11.4K Cr. Full year FY26 consolidated revenue was Rs 335.6K Cr (down 8.3% YoY), with EBITDA margin at 6.8% and EBIT margin at 1.1%. JLR faced headwinds including cyber incident, tariffs and China market challenges resulting in revenue decline of 20.9% to £22.9bn. Domestic PV business performed well with revenue up 20.7% to Rs 58.5K Cr. Auditors issued unmodified opinions with emphasis of matter on the Composite Scheme of Arrangement (demerger/amalgamation).
The dividend recommendation signals confidence despite a challenging year impacted by JLR headwinds. The strong Q4 recovery and domestic business growth provide stability, though shareholders should monitor geopolitical risks and JLR turnaround progress. The dividend payout date is July 14, 2026.