Tata Motors Share Price Target: 2023, 2024, 2025, 2026, 2027, 2028, and 2030
If you are looking for “Tata Motors’ share price target” for the upcoming years, then you are in the right place. If you want to invest in the auto sector, Tata Motors may be a good option. Given that the automobile industry is crucial to both macroeconomic expansion and technological advancement, it has historically been a reliable barometer of how the Indian economy is performing. Tata Motors, the first engineering-related business from India to be listed on the New York Stock Exchange (in September 2004), has also grown into a major global automaker. Tata Motors has operations in the UK, South Korea, Thailand, and Spain through subsidiaries and affiliate firms. One of them is Jaguar Land Rover, a company that was bought in 2008 and consists of the two well-known British brands.
It bought out Daewoo Commercial Vehicles Company, the country’s second-largest truck manufacturer, in 2004. The foundation of the company’s growth over the last 50 years has been a deep understanding of economic stimuli and customer needs and the ability to translate them into customer-desired offerings through leading-edge R&D.
About Tata Motors Ltd.
As the Tata Engineering and Locomotive Company Limited, Tata Motors was established in 1945 with the goal of manufacturing locomotives and other engineering goods. With estimated single-day sales of ₹ 47,923.59 crore (USD 5.5 billion) in 2021–2022, it is the largest automobile company in India. With leading products in the compact, mid-size car and utility vehicle segments, it ranks among the top three in passenger vehicles and is the market leader in commercial vehicles across all segments. The company is the second largest bus manufacturer in the world and the fourth largest truck manufacturer overall. If you want to know more about the company, visit www.tatamotors.com.
Financials Summary
Consolidated
Standalone
Profit & Loss A/c
Balance Sheet
Ratios
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Total Revenue | 2,81,507.25 | 2,52,437.94 | 2,64,041.12 | 3,04,903.71 | 2,95,508.07 |
| Total Revenue Growth (%) | 11.52 | (4.39) | (13.40) | 3.18 | 9.27 |
| Total Expenses | 2,87,881.08 | 2,49,151.20 | 2,71,749.66 | 3,06,623.30 | 2,86,328.18 |
| Total Expenses Growth (%) | 15.54 | (8.32) | (11.37) | 7.09 | 9.18 |
| Profit after Tax (PAT) | (11,441.47) | (13,451.39) | (12,070.85) | (28,826.23) | 8,988.91 |
| PAT Growth (%) | – | – | – | (420.69) | 20.59 |
| Operating Profit Margin (%) | 1.05 | 4.55 | (0.17) | 1.33 | 4.70 |
| Net Profit Margin (%) | (4.10) | (5.38) | (4.62) | (9.54) | 3.05 |
| Basic EPS (₹) | (29.88) | (36.99) | (34.88) | (84.89) | 26.46 |
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Total Assets | 330,619.93 | 343,125.80 | 322,121.26 | 307,194.53 | 331,350.51 |
| Total Assets Growth (%) | (3.64) | 6.52 | 4.86 | (7.29) | 21.04 |
| Total Liabilities | 281,787.63 | 286,305.59 | 258,229.17 | 246,491.91 | 235,397.54 |
| Total Liabilities Growth (%) | (1.58) | 10.87 | 4.76 | 4.71 | 9.37 |
| Total Equity | 48,832.30 | 56,820.21 | 63,892.09 | 60,702.62 | 95,952.97 |
| Total Equity Growth (%) | (14.06) | (11.07) | 5.25 | (36.74) | 63.98 |
| Net Worth | 48,832.30 | 56,820.21 | 63,892.09 | 60,702.62 | 95,952.97 |
| Current Ratio (x) | 0.98 | 0.93 | 0.85 | 0.85 | 0.95 |
| Total Debt to Equity (x) | 3.13 | 2.08 | 1.58 | 1.51 | 0.82 |
| Contingent Liabilities | 18,470.45 | 17,773.75 | 15,590.75 | 17,148.64 | 15,431.46 |
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Return on Equity (%) | (25.67) | (24.34) | (19.13) | (47.90) | 9.41 |
| Return on Capital Employed (%) | 1.63 | 6.14 | (0.25) | 2.49 | 7.36 |
| Return on Assets (%) | (3.46) | (3.92) | (3.74) | (9.38) | 2.71 |
| Interest Coverage Ratio (x) | 2.98 | 4.31 | (0.06) | 0.70 | 2.96 |
| Asset Turnover Ratio (x) | 0.23 | 0.16 | 81.04 | 98.28 | 88.91 |
| Price to Earnings (x) | (14.51) | (8.60) | (2.12) | (2.05) | 12.38 |
| Price to Book (x) | 3.73 | 2.09 | 0.41 | 0.98 | 1.17 |
| EV/EBITDA (x) | 9.70 | 5.30 | 4.40 | 4.27 | 4.38 |
| EBITDA Margin (%) | 9.97 | 13.98 | 8.02 | 9.15 | 12.02 |
Profit & Loss A/c
Balance Sheet
Ratios
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Total Revenue | 47,923.59 | 30,595.02 | 45,311.22 | 71,757.42 | 60,389.01 |
| Total Revenue Growth (%) | 56.64 | (32.48) | (36.86) | 18.83 | 33.32 |
| Total Expenses | 49,647.05 | 32,562.19 | 49,927.64 | 69,155.42 | 60,369.27 |
| Total Expenses Growth (%) | 52.47 | (34.78) | (27.80) | 14.55 | 27.60 |
| Profit after Tax (PAT) | (1,390.86) | (2,395.44) | (7,289.63) | 2,020.60 | (1,034.85) |
| PAT Growth (%) | – | – | (460.77) | – | – |
| Operating Profit Margin (%) | 0.84 | 0.47 | (6.01) | 6.35 | 2.99 |
| Net Profit Margin (%) | (2.94) | (7.93) | (16.59) | 2.91 | (1.75) |
| Basic EPS (₹) | (3.63) | (6.59) | (21.06) | 5.94 | (3.05) |
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Total Assets | 63,899.87 | 65,059.66 | 62,589.87 | 60,909.63 | 59,212.30 |
| Total Assets Growth (%) | (1.78) | 3.95 | 2.76 | 2.87 | 0.57 |
| Total Liabilities | 43,955.72 | 46,003.69 | 44,202.22 | 38,747.11 | 39,041.32 |
| Total Liabilities Growth (%) | (4.45) | 4.08 | 14.08 | (0.75) | 3.51 |
| Total Equity | 19,944.15 | 19,055.97 | 18,387.65 | 22,162.52 | 20,170.98 |
| Total Equity Growth (%) | 4.66 | 3.63 | (17.03) | 9.87 | (4.69) |
| Net Worth | 19,944.15 | 19,055.97 | 18,387.65 | 22,162.52 | 20,170.98 |
| Current Ratio (x) | 0.58 | 0.6 | 0.53 | 0.58 | 0.62 |
| Total Debt to Equity (x) | 1.17 | 1.14 | 1.14 | 0.79 | 0.81 |
| Contingent Liabilities | 3,353.04 | 3,694.20 | 4,737.19 | 7,246.04 | 5,269.63 |
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Return on Equity (%) | (6.97) | (12.57) | (39.64) | 9.11 | (5.13) |
| Return on Capital Employed (%) | 1.07 | 0.37 | (7.18) | 11.57 | 5.04 |
| Return on Assets (%) | (2.17) | (3.68) | (11.64) | 3.31 | (1.74) |
| Interest Coverage Ratio (x) | 1.02 | 0.89 | (1.34) | 2.45 | 1.01 |
| Asset Turnover Ratio (x) | 0.73 | 0.47 | 70.18 | 113.61 | 99.35 |
| Price to Earnings (x) | (120.48) | (48.31) | (3.51) | 29.33 | (107.53) |
| Price to Book (x) | 8.33 | 6.07 | 1.39 | 2.67 | 5.51 |
| EV/EBITDA (x) | 86.45 | 70.96 | 58.65 | 10.06 | 26.03 |
| EBITDA Margin (%) | 4.56 | 6.21 | 1.66 | 10.82 | 8.27 |
Important Note: These price targets of “Tata Motors Ltd” are only for reference purpose only, short-term and long-term Tata Motors stock price predictions may be different due to the different analyzed time series. This prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis.
Tata Motors share price target for 2023
Tata Motors is doing a great job in the EV (electric vehicle) sector. They have taken an early advantage in the EV segment. The company recently sold 10,000 units of its EV. And with this, the company had become the largest EV seller in India.
The Indian auto industry registered a strong growth of 25.5 percent with 3,20,609 unit sales in June 2022 compared to 2,55,397 unit sales in June 2021. In Q3 FY22, Tata Motors became the second-largest player in utility vehicles (UVs) by beating Hyundai. In the Utility Vehicles segment, Tata Motors now has an 18% market share, trailing only the market leader, Maruti Suzuki. The company is working in collaboration with Tata Power to build EV charging infrastructure.
If we look at the stock’s 52-week performance, it reaches a high of ₹ 511.50 and a low of ₹ 366.20. This trend is expected to continue, and the stock will reach new highs in 2023.
| Year | First Target | Second Target |
|---|---|---|
| 2023 | ₹ 500 | ₹ 540 |
RELATED POST
Trident Share Price Target For 2023, 2024, 2025, 2026, 2028 and 2030
In this post, we shall analyze the Trident Share Price Target for 2023, 2024, 2025, 2026, 2028, and 2030. Trident Limited is a textile company based in Ludhiana, Punjab, India. READ MORE
Tata Motors share price target for 2024
A slew of new car launches and positive consumer sentiment have boosted car sales despite the ongoing shortage of electronic components. The top rank has been retained by Maruti Suzuki, while Tata Motors has reclaimed the second position from Hyundai.
Tata Motors has launched several innovative products over the years, including Tiago, Tiger, Punch, Nexon, Hoxha, Harrier, and more recently, Altroz and Nexon EV. Tata Motors sold 47,166 units in August 2022, recording a massive 68.3 percent YoY growth.
| Year | First Target | Second Target |
|---|---|---|
| 2024 | ₹ 610 | ₹ 670 |
Tata Motors share price target for 2025
The sector has grown as a result of firms’ growing interest in studying rural markets. The growing passenger and logistics sectors are driving up demand for commercial vehicles. New trends, such as the electrification of vehicles, especially three-wheelers and small passenger cars, are expected to fuel market expansion in the future.
| Year | First Target | Second Target |
|---|---|---|
| 2025 | ₹ 740 | ₹ 790 |
Tata Motors share price target for 2026
Tata Motors, which was founded in 1961 through exports, is now extending its global presence. Several nations in Europe, Africa, the Middle East, South East Asia, South Asia, and South America are already marketing the company’s commercial and passenger vehicles. In Kenya, Bangladesh, the Ukraine, Russia, and Senegal, it operates joint venture or franchisee assembly activities.
| Year | First Target | Second Target |
|---|---|---|
| 2026 | ₹ 850 | ₹ 910 |
Tata Motors share price target for 2027
Tata Motors was in a lot of problems by 2019. But after that, the corporation began restructuring its debt and introducing new vehicles. The business is also anticipating strong demand for its sales in 2023. The business is now prepared to reach new heights. The organisation has excellent management. The fact that Task Motors is making progress with EVs is the biggest plus. The business also thinks that EVs will shape the course of this sector.
| Year | First Target | Second Target |
|---|---|---|
| 2027 | ₹ 980 | ₹ 1,030 |
Tata Motors share price target for 2028
In India, the UTV business is growing at a rapid pace in the passenger vehicle segment compared to other vehicles like sedans, etc. Tata Motors has a strong brand and global presence. This will definitely benefit the company’s business. Currently, the company sells 94%-95% of its gasoline vehicles. However, over the next three to five years, the company hopes to sell 20% CNG vehicles, 20% electric vehicles, 50% petrol vehicles, and 10% diesel vehicles for every 100 vehicles sold. Further, the company wants to focus on stepping up CNG vehicle sales by utilising the strong distribution network of natural gas companies.
| Year | First Target | Second Target |
|---|---|---|
| 2028 | ₹ 1,100 | ₹ 1,170 |
RELATED POST
Adani Enterprises Share Price Target: 2024, 2025, 2026, 2027, 2028, and 2030
Adani Enterprises was established in 1988 in Ahmedabad, Gujarat. Adani Enterprises Limited (AEL) is the flagship company of the Adani Group, focusing on establishing new businesses in the infrastructure and energy sectors. READ MORE
Tata Motors share price target for 2030
Innovation is very important in every segment of business. This is as important for the auto sector as it is for any other industry. Good competition is being seen in the auto industry; new players are launching their best models almost every year. Due to this, many options have become available to the customers. Tata Motors has made a strong presence in the market by giving many options to the customers, the benefits of which are expected to improve in the future.
| Year | First Target | Second Target |
|---|---|---|
| 2030 | ₹ 1,400 | ₹ 1,500 |
Tata Motors share price targets for 2023, 2024, 2025, 2026, 2028, and 2030 are shown in the table below.
| Year | First Target | Second Target |
|---|---|---|
| 2023 | ₹ 500 | ₹ 540 |
| 2024 | ₹ 610 | ₹ 670 |
| 2025 | ₹ 740 | ₹ 790 |
| 2026 | ₹ 850 | ₹ 910 |
| 2027 | ₹ 980 | ₹ 1,030 |
| 2028 | ₹ 1,100 | ₹ 1,170 |
| 2030 | ₹ 1,400 | ₹ 1,500 |
Recommendations: Invest in Tata Motors Ltd. stock or sell it?
Tata Motors Group is a leading global automobile manufacturer with a wide range of commercial, passenger and electric vehicles. The company is a leader in India’s electric vehicle transition and enjoys considerable leverage in one of the fastest growing automotive markets in the world. The shares of the company are good for investment and it is expected to have a positive trend in future.
FAQ’s
What is the PE ratio (price-earnings ratio) of Tata Motors Ltd.?
The current PE ratio of Tata Motors Ltd. is -36.82.
What is the 52-week high and low of Tata Motors Ltd.’s share price?
Tata Motors Ltd. share price saw a 52-week high of ₹ 511.50 and a 52-week low of ₹ 366.20.
What will Tata Motors Ltd.’s share price target be for 2024?
The first target of Tata Motors Ltd.'s share price can be at or below ₹ 610 and the second one is at or below ₹ 670 in 2024.
What will be the Tata Motors Ltd. share price target in the next 5 years?
The first target for Tata Motors Ltd.'s share price in the next five years is ₹ 1,100, and the second target is ₹ 1,170.
What will be the Tata Motors Ltd. share price target in the next 7 years?
In the next 7 years, the first target for Tata Motors Ltd.'s share price can be ₹ 1,400, and the second is ₹ 1,500.
Is it profitable to invest in Tata Motors Ltd. stock?
If we analyze the present data of the company, then the company is expected to grow well in the future and is capable of giving good returns to its investors. Tata Motors Ltd. shares have a positive outlook for the future and are good for investment purposes.
Thank you for being of assistance to me. I really loved this article.