Tata Motors Passenger Vehicles Limited
Tata Motors Passenger Vehicles Limited designs, develops, manufactures, and sells various automotive vehicles. The company offers passenger cars; sports utility vehicles; and electric vehicles, as well as related spare parts and accessories. It also manufactures engines for industrial applications; and factory automation equipment, as well as provides information technology, insurance broking, an… Read more
Tata Motors Passenger Vehicles Limited (TMPV) - Net Assets
Latest net assets as of September 2025: ₹1.17 Trillion INR
Based on the latest financial reports, Tata Motors Passenger Vehicles Limited (TMPV) has net assets worth ₹1.17 Trillion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹3.44 Trillion) and total liabilities (₹2.27 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹1.17 Trillion |
| % of Total Assets | 34.09% |
| Annual Growth Rate | 20.32% |
| 5-Year Change | 136.46% |
| 10-Year Change | 59.83% |
| Growth Volatility | 50.49 |
Tata Motors Passenger Vehicles Limited - Net Assets Trend (2002–2025)
This chart illustrates how Tata Motors Passenger Vehicles Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tata Motors Passenger Vehicles Limited (2002–2025)
The table below shows the annual net assets of Tata Motors Passenger Vehicles Limited from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹1.23 Trillion | +31.86% |
| 2024-03-31 | ₹930.94 Billion | +76.99% |
| 2023-03-31 | ₹526.00 Billion | +7.71% |
| 2022-03-31 | ₹488.32 Billion | -5.94% |
| 2021-03-31 | ₹519.14 Billion | -13.19% |
| 2020-03-31 | ₹598.03 Billion | +7.16% |
| 2019-03-31 | ₹558.07 Billion | -38.91% |
| 2018-03-31 | ₹913.52 Billion | +69.53% |
| 2017-03-31 | ₹538.84 Billion | -29.84% |
| 2016-03-31 | ₹768.04 Billion | +42.40% |
| 2015-03-31 | ₹539.35 Billion | -14.62% |
| 2014-03-31 | ₹631.70 Billion | +68.95% |
| 2013-03-31 | ₹373.91 Billion | +12.85% |
| 2012-03-31 | ₹331.34 Billion | +56.84% |
| 2011-03-31 | ₹211.26 Billion | +106.67% |
| 2010-03-31 | ₹102.22 Billion | +163.97% |
| 2009-03-31 | ₹38.73 Billion | -68.85% |
| 2008-03-31 | ₹124.32 Billion | +29.97% |
| 2007-03-31 | ₹95.65 Billion | +13.23% |
| 2006-03-31 | ₹84.48 Billion | +43.67% |
| 2005-03-31 | ₹58.80 Billion | +51.57% |
| 2004-03-31 | ₹38.79 Billion | +85.48% |
| 2003-03-31 | ₹20.92 Billion | +19.99% |
| 2002-03-31 | ₹17.43 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tata Motors Passenger Vehicles Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 80654000000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹806.54 Billion | 69.44% |
| Common Stock | ₹7.36 Billion | 0.63% |
| Other Comprehensive Income | ₹158.69 Billion | 13.66% |
| Other Components | ₹188.85 Billion | 16.26% |
| Total Equity | ₹1.16 Trillion | 100.00% |
Tata Motors Passenger Vehicles Limited Competitors by Market Cap
The table below lists competitors of Tata Motors Passenger Vehicles Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Powszechny Zaklad Ubezpieczen SA
PINK:PZAKY
|
$7.39 Billion |
|
Cytokinetics Inc
NASDAQ:CYTK
|
$7.39 Billion |
|
Keyera Corp
PINK:KEYUF
|
$7.39 Billion |
|
Sartorius Aktiengesellschaft
PINK:SUVPF
|
$7.40 Billion |
|
China Railway Signal & Communication Corporation Limited
PINK:CRYCY
|
$7.38 Billion |
|
BELIMO Holding AG
OTCGREY:BLHWF
|
$7.38 Billion |
|
Smith AO Corporation
NYSE:AOS
|
$7.38 Billion |
|
OMV Aktiengesellschaft
PINK:OMVJF
|
$7.38 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tata Motors Passenger Vehicles Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 849,180,200,000 to 1,161,440,000,000, a change of 312,259,800,000 (36.8%).
- Net income of 278,300,000,000 contributed positively to equity growth.
- Dividend payments of 23,030,000,000 reduced retained earnings.
- Share repurchases of 10,730,000,000 reduced equity.
- New share issuances of 11,080,000,000 increased equity.
- Other comprehensive income increased equity by 31,350,000,000.
- Other factors increased equity by 25,289,800,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹278.30 Billion | +23.96% |
| Dividends Paid | ₹23.03 Billion | -1.98% |
| Share Repurchases | ₹10.73 Billion | -0.92% |
| Share Issuances | ₹11.08 Billion | +0.95% |
| Other Comprehensive Income | ₹31.35 Billion | +2.7% |
| Other Changes | ₹25.29 Billion | +2.18% |
| Total Change | ₹- | 36.77% |
Book Value vs Market Value Analysis
This analysis compares Tata Motors Passenger Vehicles Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.01x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 24.47x to 1.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-03-31 | ₹13.05 | ₹319.20 | x |
| 2003-03-31 | ₹12.53 | ₹319.20 | x |
| 2004-03-31 | ₹19.72 | ₹319.20 | x |
| 2005-03-31 | ₹27.83 | ₹319.20 | x |
| 2006-03-31 | ₹38.95 | ₹319.20 | x |
| 2007-03-31 | ₹43.10 | ₹319.20 | x |
| 2008-03-31 | ₹53.55 | ₹319.20 | x |
| 2009-03-31 | ₹15.47 | ₹319.20 | x |
| 2010-03-31 | ₹42.73 | ₹319.20 | x |
| 2011-03-31 | ₹69.16 | ₹319.20 | x |
| 2012-03-31 | ₹97.73 | ₹319.20 | x |
| 2013-03-31 | ₹113.68 | ₹319.20 | x |
| 2014-03-31 | ₹193.10 | ₹319.20 | x |
| 2015-03-31 | ₹164.42 | ₹319.20 | x |
| 2016-03-31 | ₹225.91 | ₹319.20 | x |
| 2017-03-31 | ₹157.28 | ₹319.20 | x |
| 2018-03-31 | ₹265.51 | ₹319.20 | x |
| 2019-03-31 | ₹162.77 | ₹319.20 | x |
| 2020-03-31 | ₹170.42 | ₹319.20 | x |
| 2021-03-31 | ₹138.39 | ₹319.20 | x |
| 2022-03-31 | ₹134.20 | ₹319.20 | x |
| 2023-03-31 | ₹118.28 | ₹319.20 | x |
| 2024-03-31 | ₹221.49 | ₹319.20 | x |
| 2025-03-31 | ₹315.49 | ₹319.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tata Motors Passenger Vehicles Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 23.96%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.33%
- • Asset Turnover: 1.16x
- • Equity Multiplier: 3.26x
- Recent ROE (23.96%) is above the historical average (3.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -19.59% | -4.45% | 0.99x | 4.45x | ₹-5.16 Billion |
| 2003 | 13.24% | 2.89% | 1.22x | 3.77x | ₹677.74 Million |
| 2004 | 23.80% | 6.37% | 1.23x | 3.05x | ₹5.16 Billion |
| 2005 | 23.51% | 6.68% | 1.25x | 2.82x | ₹7.63 Billion |
| 2006 | 18.52% | 6.24% | 1.19x | 2.50x | ₹6.92 Billion |
| 2007 | 19.83% | 5.46% | 1.22x | 2.97x | ₹9.00 Billion |
| 2008 | 18.63% | 5.94% | 0.78x | 4.02x | ₹10.18 Billion |
| 2009 | -174.10% | -8.32% | 0.92x | 22.66x | ₹-63.60 Billion |
| 2010 | 37.96% | 4.11% | 1.02x | 9.07x | ₹28.01 Billion |
| 2011 | 35.14% | 5.96% | 1.19x | 4.94x | ₹52.51 Billion |
| 2012 | 34.72% | 6.86% | 1.16x | 4.37x | ₹81.19 Billion |
| 2013 | 26.72% | 5.24% | 1.12x | 4.56x | ₹61.90 Billion |
| 2014 | 20.45% | 4.84% | 1.21x | 3.48x | ₹65.54 Billion |
| 2015 | 23.98% | 4.84% | 1.13x | 4.38x | ₹74.80 Billion |
| 2016 | 12.56% | 3.54% | 1.03x | 3.43x | ₹19.52 Billion |
| 2017 | 13.95% | 2.76% | 1.01x | 4.99x | ₹21.12 Billion |
| 2018 | 9.89% | 3.08% | 0.90x | 3.56x | ₹-969.88 Million |
| 2019 | -52.15% | -9.53% | 1.01x | 5.40x | ₹-343.54 Billion |
| 2020 | -20.47% | -4.61% | 0.83x | 5.33x | ₹-179.69 Billion |
| 2021 | -26.73% | -5.38% | 0.75x | 6.64x | ₹-184.84 Billion |
| 2022 | -25.68% | -4.11% | 0.84x | 7.42x | ₹-158.98 Billion |
| 2023 | 5.33% | 0.70% | 1.03x | 7.42x | ₹-21.18 Billion |
| 2024 | 36.98% | 7.23% | 1.17x | 4.36x | ₹229.07 Billion |
| 2025 | 23.96% | 6.33% | 1.16x | 3.26x | ₹162.16 Billion |
Industry Comparison
This section compares Tata Motors Passenger Vehicles Limited's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $39,884,634,116
- Average return on equity (ROE) among peers: -2.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tata Motors Passenger Vehicles Limited (TMPV) | ₹1.17 Trillion | -19.59% | 1.93x | $7.39 Billion |
| Ather Energy Limited (ATHERENERG) | $2.25 Billion | -153.00% | 2.64x | $77.93K |
| Bajaj Auto Limited (BAJAJ-AUTO) | $101.67 Billion | 33.25% | 0.51x | $11.62 Billion |
| Eicher Motors Limited (EICHERMOT) | $70.57 Billion | 27.77% | 0.35x | $10.70 Billion |
| FORCE MOTORS LTD (FORCEMOT) | $11.43 Billion | 72.10% | 0.46x | $1.13 Billion |
| Hero MotoCorp Limited (HEROMOTOCO) | $65.59 Billion | 36.06% | 0.62x | $8.01 Billion |
| Hindustan Motors Limited (HINDMOTORS) | $994.18 Million | -47.47% | 3.79x | $32.40 Million |
| Maruti Suzuki India Limited (MARUTI) | $121.83 Billion | 21.54% | 0.39x | $17.54 Billion |
| Ola Electric Mobility Ltd (OLAELEC) | $19.71 Billion | -10.11% | 0.07x | $1.29 Billion |
| SML Isuzu Limited (SMLISUZU) | $965.28 Million | 4.96% | 3.82x | $114.46 Million |
| SML Mahindra Ltd. (SMLMAH) | $3.85 Billion | -5.47% | 1.38x | $455.63K |