Lends to retail, SME and corporate customers as a non-banking financial company (NBFC), with the Financing Activity segment making up 96.2% of FY26 segment revenue at ₹22,210.37 crore. Consolidated Assets Under Management (AUM) reached ₹2.91 lakh crore in Q1 FY27, up 22% year-on-year, including a Housing Finance subsidiary with ₹89,416 crore of AUM (24% YoY growth). Retail plus SME lending accounts for 86% of AUM, with unsecured retail at 10.3% (scaling toward 15%) and motor finance in run-off mode. Entered the gold-loan segment by acquiring ~88.6% of Yogakshemam Loans (Yogloans) at a pre-money valuation not exceeding ₹318 crore, bringing in 162 branches, 32,000 customers and ₹708 crore of AUM across four southern states. Raised USD 400 million of senior unsecured Reg S notes at a 5.332% coupon — 4x oversubscribed — following an S&P BBB+ rating upgrade and equity listing in October 2025. Serves 8.4 million customers through 1,477 offices across 27 states with ~30,170 employees. Funding is the central cost item, with cost of funds at 7.28% on total borrowings of ₹2.45 lakh crore; employees account for 9.0% of revenue and other operating costs 8.3%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Financing Activity (96%), Investment Activity (1%), Others (3%), Unallocated (0%). Diversified, retail-and-SME-tilted NBFC with housing, CV, unsecured and now gold-loan lending.
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 31,540 |
| EBITDA (ex other income) | 23,038 |
| margin % | 73.0 |
| Owners' profit | 4,846 |
| EPS, as reported (₹) | 11.76 |
| ROE % · ROCE % | 10.4 · — |
| Debt / equity (x) | 0.00 |
| Cash from operations | (37,965) |
| Capex | (995) |
| ₹ crore | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|
| Revenue | 7,737 | 7,975 | 8,160 | 8,822 |
| Profit before tax | 1,504 | 1,694 | 1,978 | 2,159 |
| Net profit | 1,119 | 1,265 | 1,466 | 1,628 |
| EPS (₹) | 2.73 | 2.97 | 3.54 | 3.65 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Financing Activity | 23,378 | 96.7 |
| Investment Activity | 304 | 1.3 |
| Others | 495 | 2.0 |
| Unallocated | 3 | 0.0 |
| Total, before eliminations | 24,180 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 6,43,552 | 31.7 | 5.50 | 11.6 | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 2,42,019 | 18.1 | 3.67 | 6.7 | 15.2 | — | 22.5 | 74.7 |
| CHOLAMANDALAM IN & FIN CO | 1,57,446 | 27.2 | 5.17 | 6.9 | 17.2 | — | 26.5 | 71.2 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 9 Sept 2026 · Tata Capital: Treasury Head retires, internal replacement appointed | management changes | medium | — | — |
| 8 Sept 2026 · Tata Capital allots Rs 3,000 crore secured NCDs at 8.05% | fund raising | high | — | — |
| 20 Aug 2026 · Tata Capital grants 56.26 lakh stock options to employees under ESOP | capital market events | medium | — | — |
| 19 Aug 2026 · Tata Capital shareholders approve new auditor, MSKA term ends | management changes | medium | — | — |
| 19 Aug 2026 · Tata Capital 35th AGM: All 10 resolutions passed; final dividend approved | board shareholder meetings | low | — | — |
| 19 Aug 2026 · Tata Capital 35th AGM: All 10 resolutions passed with large majority | board shareholder meetings | medium | — | — |
| 12 Aug 2026 · Tata Capital to hold investor meetings in Singapore on Aug 17-18 | board shareholder meetings | low | — | — |
| 3 Aug 2026 · Q1 FY27 earnings call transcript, Yogloans acquisition disclosed | investor communications | medium | — | — |
| 31 Jul 2026 · Tata Capital shareholders approve NCD issuance on private placement | fund raising | medium | — | — |
| 28 Jul 2026 · Audio recording of Q1 FY27 earnings call uploaded on website | investor communications | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| TATA CAPITAL LIMITED ◆ | 1,54,110 | 28.2 | 3.27 | 6.5 | 10.4 | — | — | 75.8 |
| MUTHOOT FINANCE LIMITED | 1,12,094 | 9.9 | 2.82 | 3.9 | 26.7 | — | 22.0 | 84.0 |
| SBI CARDS & PAY SER LTD | 62,349 | 27.4 | 3.96 | — | 13.8 | — | — | 33.1 |
| HDB FINANCIAL SERVICES L | 55,706 | 20.2 | 2.70 | — | 12.3 | — | — | 58.0 |
| SUNDARAM FINANCE LTD | 52,217 | 23.3 | 3.51 | 6.7 | 13.8 | — | — | 78.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 28.2 | 18.2 | 139 of 212 | 35% |
| P/B | 3.3 | 1.1 | 201 of 245 | 18% |
| ROE | 10.4 | 3.0 | 55 of 266 | 80% |
| Debt / Equity | 0.0 | 0.0 | 5 of 266 | 11% |
| EBITDA margin | 75.8 | 48.6 | 63 of 249 | 75% |
| Market cap | 154110 | 33 | 4 of 260 | 99% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
