Tata Motors Ltd — Q1FY27 earnings call summary

Filed 18 August 2026 · Official transcript

Multiple analyst queries on Indonesia order ramp-up, EV demand, and pricing; management confident on growth and margin management
Q1 FY27 standalone revenue ₹19,300 Cr +23% y-y; EBITDA ₹2,300 Cr at 11.7% margin (-60 bps); PAT growth 26%
Commodity inflation remains a challenge; 2.5% price hike taken July 1 to offset costs
Indonesia 70,000-unit order deliveries started; expected completion over FY27-FY28
Free cash flow ₹1,114 Cr vs negative ₹1,796 Cr in Q1 FY26; working capital discipline and Indonesia advance key
Fleet utilization improving month-on-month; market share gains in HCV, SCV, and CV passenger segments
Consolidated revenue ₹20,700 Cr +19% y-y; EBITDA margin 10.9% (-90 bps); PBT before exceptional items up 81%
Electric CV orders exceed 3,400; SCV EV retail penetration double-digit in May-June