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Tata Motors vs TVS Motor Q4 FY26

Side-by-side earnings comparison across verified financials, sentiment, risks, and management commentary.

Tata Motors

Tata Motors delivered a strong Q4 FY26, with standalone revenue of ₹24,500 crore (+22% YoY) and EBITDA margin of 13.9% (+130 bps YoY), marking the 11th consecutive quarter of double-digit margins.

TVS Motor

TVS Motor delivered a record Q4 FY26 with revenue of ₹12,880 crore (+36% YoY) and EBITDA margin of 13.1% (+60bps YoY), driven by strong volume growth across segments.

Result Snapshot

Revenue₹26,098 Cr₹15,053 Cr
PAT₹1,793 Cr₹820 Cr
EBITDA Margin13%14%
Sentimentbullishbullish

Key Quotes

Our revenue improved 11% YoY in FY26. The underlying demand trajectory has been firmly upward.
Raman · CFO
We are confident that Q1 and we will force a very good growth better than the industry.
K. N. Radhakrishnan · Director & CEO