Tata Motors

Tata Motors delivered a strong Q4 FY26, with standalone revenue of ₹24,500 croreCurrent reported value: ₹24,500 crore. No comparable prior figure is available in the source record. (+22Current 22 crore vs previous available quarter -26 crore.% YoY) and EBITDA margin of 13.9%Current reported value: 13.9%. No comparable prior figure is available in the source record. (+130 bps YoY), marking the 11th consecutive quarter of double-digit margins. Full-year revenue reached ₹77,000 croreCurrent reported value: ₹77,000 crore. No comparable prior figure is available in the source record. (+11% YoY) and EBITDA margin expanded to 13.2%Current reported value: 13.2%. No comparable prior figure is available in the source record. from 7.8% three years ago. The CV business saw wholesale volumes of 131,800 unitsCurrent 131,800 units. Reported change: +25% YoY. (+25% YoY) in Q4, driven by new product launches and market share gains, including the highest HCV market share in a decade. International business grew 17% YoY in Q4, supported by a landmark 70,000-unit order from Indonesia. Management highlighted commodity cost pressures (100 bps impact in Q4, more in Q1 FY27) and a cautious near-term outlook due to diesel price sensitivity and Middle East disruptions. They guided for single-digit volume growth in Q1 FY27 and maintained capex guidance of 2-4% of revenue. Key risk: sustained commodity inflation and inability to pass through costs could pressure margins.