Tata Motors Passenger Vehicles (NSE:TMPV) EBIT: ₹31,080 Mil (TTM As of Mar. 2026)


NSE:TMPV Tata Motors Passenger Vehicles Ltd NSE:TMPV
69 GF Score
Price ₹349.70
GF Value ₹333.08
Valuation Fairly Valued
! 6 Warning Signs
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What is Tata Motors Passenger Vehicles EBIT?

Tata Motors Passenger Vehicles NSE:TMPV -1.37% 69 EBIT is ₹31,080 Mil as of Mar. 2026. GuruFocus rates NSE:TMPV with a GF Score™ of 69/100 and a GF Value™ of ₹333.08 (Fairly Valued). The stock has 6 warning signs investors should review.

Tata Motors Passenger Vehicles's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹80,440 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹31,080 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tata Motors Passenger Vehicles's annualized ROC % for the quarter that ended in Mar. 2026 was -1.45%. Tata Motors Passenger Vehicles's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 32.09%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tata Motors Passenger Vehicles's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.84%.


Tata Motors Passenger Vehicles  (NSE:TMPV) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Tata Motors Passenger Vehicles's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-55000 * ( 1 - 19.22% )/( (0 + 3072540)/ 1 )
=-44429/3072540
=-1.45 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3819220 - 1002240 - ( 478280 - max(0, 1643050 - 1387490+478280))
=3072540

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Tata Motors Passenger Vehicles's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=321760/( ( (0 + max(0, 0)) + (1002750 + max(-505900, 0)) )/ 1 )
=321760/( ( 0 + 1002750 )/ 1 )
=321760/1002750
=32.09 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(126190 + 501260 + 238820) - (1002240 + 0 + 369930)
=-505900

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Tata Motors Passenger Vehicles's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=31080/1691209.241
=1.84 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tata Motors Passenger Vehicles EBIT Related Terms


Tata Motors Passenger Vehicles EBIT Historical Data

* Premium members only.

The historical data trend for Tata Motors Passenger Vehicles's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tata Motors Passenger Vehicles EBIT Chart

Tata Motors Passenger Vehicles Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23,084.50 136,194.10 360,230.00 323,550.00 12,040.00

Tata Motors Passenger Vehicles Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 107,160.00 64,990.00 -73,840.00 -40,510.00 80,440.00

NSE:TMPV vs TSLA, GM, F: EBIT Comparison

For the Auto Manufacturers subindustry, Tata Motors Passenger Vehicles's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tata Motors Passenger Vehicles EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tata Motors Passenger Vehicles's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tata Motors Passenger Vehicles's EV-to-EBIT falls into.


NSE:TMPV
69GF Score
Tata Motors Passenger Vehicles Ltd NSE:TMPV
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Tata Motors Passenger Vehicles EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹31,080 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹31,080 Mil mean?
Tata Motors Passenger Vehicles (NSE:TMPV) has a EBIT of ₹31,080 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tata Motors Passenger Vehicles.
Is Tata Motors Passenger Vehicles' EBIT too high?
Tata Motors Passenger Vehicles' current EBIT is ₹31,080 Mil. Overall, Tata Motors Passenger Vehicles has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tata Motors Passenger Vehicles' EBIT compare to TSLA and GM?
Tata Motors Passenger Vehicles' EBIT of ₹31,080 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tata Motors Passenger Vehicles. Tata Motors Passenger Vehicles's current EBIT is ₹31,080 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Motors Passenger Vehicles stock overvalued right now?
Based on GuruFocus' analysis, Tata Motors Passenger Vehicles (NSE:TMPV) is currently considered Fairly Valued. The stock's GF Value™ is ₹333.08, compared to a current price of ₹349.70 — trading 5% above its estimated fair value. The current EBIT is ₹31,080 Mil. Tata Motors Passenger Vehicles' overall GF Score™ is 69/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Tata Motors Passenger Vehicles (NSE:TMPV), the current EBIT is ₹31,080 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tata Motors Passenger Vehicles (NSE:TMPV) Overvalued in 2026?

Based on GuruFocus' analysis, Tata Motors Passenger Vehicles stock appears to be overvalued. The current stock price of ₹349.70 is trading 5% above its estimated GF Value™ of ₹333.08. GuruFocus considers Tata Motors Passenger Vehicles to be Fairly Valued.

Key valuation signals for NSE:TMPV:

  • EBIT: ₹31,080 Mil
  • GF Value™: ₹333.08 vs. price of ₹349.70 (5% above fair value)
  • GF Score™: 69/100 with 6 warning signs

No single metric tells the full story. See the NSE:TMPV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tata Motors Passenger Vehicles Business Description

Other Exchanges 500570:India
Address 24, Homi Mody Street, Bombay House, Mumbai, MH, IND, 400001
Tata Motors Passenger Vehicles Ltd Formerly Tata Motors Ltd designs, manufactures and sells a wide range of automotive vehicles and provides information technology services. The company also manufactures engines for industrial applications. Its operating segments include Automotive and Others. It mainly operates in the automotive business. The automotive business includes all activities relating to development, design, manufacture, assembly and sale of vehicles, as well as sale of related parts, accessories and services. The Automotive segment consists of three reportable sub-segments: Tata Commercial Vehicles, Tata Passenger Vehicles and Jaguar Land Rover of which majority of revenue comes from Jaguar Land Rover. It has majority of sales from India followed by United States, UK, etc.
69GF Score

Get the complete analysis for NSE:TMPV

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹349.70
Price
₹333.08
GF Value