TMCVNSETata Motors Limited· Agricultural Commercial & Construction VehiclesHighNeutral

Announced Thu, 29 Jan, 2026 · 16:28 IST

Tata Motors Q3 FY26: revenue up 17%, EBITDA margins at 12.7%

Emphasis of matterEBITDA margin expansionExceptional itemResults restatedResults View source PDF Explain this filing

TMCV · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.7%Reaction day

₹470.00

prior close

₹461.00

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)-0.5%-2.2% vs market

Agricultural Commercial & Construction Vehicles peers, median of 10sector · industry level+1.4%-4.0% vs sector

On the reaction day the stock moved 2.2 pts less than Nifty 100 and 4.0 pts less than its Agricultural Commercial & Construction Vehicles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.5

10m

+0.8

15m

+0.9

30m

+1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.7-0.5-2.2+1.4-4.0

Next day

-5.4-1.4-4.0+0.4-5.8

-2.4+1.1-3.5+2.7-5.1

-2.3+1.4-3.7+4.2-6.5

-3.0+0.9-3.9+4.7-7.7

-2.5+1.1-3.5+4.3-6.8

+0.2+2.0-1.8+7.8-7.6

15d

+1.0+0.8+0.2+3.5-2.5

+6.0-1.8+7.7+3.4+2.6

-16.2-12.1-4.1-17.9+1.8

-12.8-4.3-8.4+0.4-13.1

UpDownMarket · Nifty 100Sector · Agricultural Commercial & Construction Vehicles peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Tata Motors Q3 FY26: CV revenue up 17% YoY at about ₹21,500 crore. EBITDA grew 19%; margins at 12.7% (up 30 bps), the 10th straight double-digit quarter. PBT before exceptions up 36% to ₹2,290 crore. Free cash flow jumped to ₹4,752 crore; net cash ₹6,100 crore. Standalone PAT was ₹561 crore after ₹1,545 crore in exceptional items. Auditor flagged an emphasis of matter on the demerger scheme and prior results are restated.

Likely market impact

Strong operational show, margin gains, and robust free cash flow generation reinforce a positive outlook. Exceptional losses are one-time in nature.