MarketFriction

Tata Capital Ltd

NSE TATACAP · BSE 544574 · Non Banking Financial Company (NBFC)
₹319.30 -2.64%
NSE close2026-10-01
52 week range296.00 - 390.20
Market cap₹1,40,654 Cr.
P/E25.9
IPO 2025 · -2% since Nifty Next 50Nifty 100Nifty 200Nifty 500 Price band 10% Delivery 60.6%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue7,1857,1047,4787,6657,7377,9768,1608,822
Interest3,6933,8363,9604,0663,9763,9284,0174,370
Expenses1,9151,7622,0722,1262,1352,1722,0262,143
Financing Profit1,5761,5061,4471,4731,6261,8762,1182,309
Financing Margin %22%21%19%19%21%24%26%26%
Other Income98312716-4034
Depreciation9299109118135142143154
Profit before tax1,4941,4151,3681,3821,5071,6951,9782,159
Tax %24%26%27%25%26%25%26%25%
Net Profit1,1331,0501,0001,0411,1191,2651,4661,628
EPS in Rs2.872.872.772.482.722.963.543.65
Gross NPA %0.80%
Net NPA %0.40%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue9,83510,16213,63118,17828,32231,56632,695
Interest5,2134,8896,6019,56815,03015,98516,290
Expenses2,8262,9083,0183,9518,0328,4588,476
Financing Profit1,7972,3644,0134,6595,2617,1237,930
Financing Margin %18%23%29%26%19%23%24%
Other Income1522601502147-23-17
Depreciation334276226288390538574
Profit before tax1,6152,3483,9374,3924,9196,5627,339
Tax %23%23%25%24%26%25%
Net Profit1,2451,8012,9463,3273,6554,8915,478
EPS in Rs3.204.698.518.419.6411.4212.87
Dividend Payout %0%3%2%2%4%5%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%26%32%11%
Compounded Profit Growth%34%17%30%
Stock Price CAGR%%%%
Return on Equity%14%13%12%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital3,4643,4633,5073,7033,7624,217
Reserves6,5098,25013,83319,71429,28441,645
Borrowing69,16686,343113,541148,512208,851236,376
Other Liabilities3,7924,3194,7454,7656,4228,266
Total Liabilities82,930102,376135,626176,694248,320290,504
Fixed Assets9017197331,1902,0032,604
CWIP8112081633
Investments4,6537,84613,2548,7339,8669,508
Other Assets77,36893,798121,619166,763236,434278,358
Total Assets82,930102,376135,626176,694248,320290,504
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3,137-14,387-23,190-37,999-30,088-37,965
Cash from Investing Activity-2,626-2,614-2,2635,7583,382282
Cash from Financing Activity-2,78717,05626,43035,95229,41231,848
Net Cash Flow-2,275559773,7122,706-5,834
Free Cash Flow3,131-14,363-23,337-38,632-31,109-38,929
CFO/OP48%-190%-208%-258%-141%-158%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %11%15%21%15%13%12%
Dec 2025Mar 2026Jun 2026
Promoters85.41%85.41%85.41%
FIIs4.63%4.88%5.17%
DIIs3.33%3.60%3.57%
Public5.97%5.43%5.19%
Others0.66%0.66%0.65%
No. of Shareholders14,04,33412,69,83312,11,911

Fundamentals

Market Cap₹ 1,40,654 Cr.
Current Price₹ 331
Stock P/E25.9
Book Value₹ 108
ROCE8.58 %
ROE12.4 %
Dividend Yield0.17 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)11%
Compounded Profit Growth (TTM)30%
Consolidated figures.
Valuation
Market capRs 110,585 Cr
Enterprise valueRs 194,793 Cr
P/E (TTM)25.16x
Price to book9.44x
Price to sales3.58x
EV / EBITDA8.70x
EV / EBIT8.90x
EV / sales6.31x
Earnings yield3.98%
Dividend yield0.05%
Profitability
Operating margin (excl. other income)71.38%
Operating margin (incl. other income)73.93%
EBITDA margin72.55%
Pre-tax margin19.29%
Net profit margin14.25%
Net margin, latest quarter15.76%
ROE15.20%
ROCE8.17%
ROA1.78%
ROIC (approx.)17.50%
Tax rate23.30%
Other income / net worth2.22%
Growth
Sales growth (latest year)3.32%
Profit growth (latest year)46.40%
Sales growth QoQ3.09%
Profit growth QoQ14.54%
Sales growth YoY (latest quarter)12.28%
Profit growth YoY (latest quarter)16.86%
Per share
EPS (TTM)Rs 12.69
EPS (latest year)Rs 4.76
EPS (latest quarter)Rs 3.63
Book value per shareRs 33.82
Sales per shareRs 89.09
Cash flow per shareRs -41.54
Free cash flow per shareRs -112.40
Dividend per share (latest year)Rs 0.16
Dividends
Dividend payout3.36%
Efficiency
Asset turnover0.10x
Fixed asset turnover14.12x
Debtor days1 days
Debtors turnover314.31x
Leverage
Total debtRs 86,343 Cr
Cash and bankRs 2,136 Cr
Net debtRs 84,207 Cr
Debt to equity7.37x
Net debt / EBITDA3.76x
Interest coverage1.37x
Owners' fund to total sources11.44%
Debt to assets84.34%
Cash flow
Cash from Operating Activity (latest year)Rs -14,387 Cr
Cash from Investing Activity (latest year)Rs -2,614 Cr
Cash from Financing Activity (latest year)Rs 17,056 Cr
Net Cash Flow (latest year)Rs 55 Cr
Free cash flow (latest year)Rs -38,929 Cr
FCFE (approx.: FCF + change in debt)Rs -21,751 Cr
Cash from ops / profit, 5 years-8.64x
Statement figures
Net sales (TTM)Rs 30,856 Cr
Net sales (latest year)Rs 10,162 Cr
Sales (latest quarter)Rs 7,976 Cr
Operating profit excl. other income (latest year)Rs 7,253 Cr
Operating profit (latest quarter)Rs 5,804 Cr
Other income (TTM)Rs 34 Cr
EBITDA (TTM)Rs 22,385 Cr
PBDT (TTM)Rs 6,456 Cr
Profit before tax (TTM)Rs 5,952 Cr
Tax (latest year)Rs 547 Cr
Net profit (TTM)Rs 4,396 Cr
Net profit (latest year)Rs 1,648 Cr
Net profit (latest quarter)Rs 1,257 Cr
Depreciation (TTM)Rs 504 Cr
Depreciation (latest quarter)Rs 142 Cr
Interest (TTM)Rs 15,928 Cr
Cost of goods sold (latest year)Rs 52 Cr
Total expenditure (latest year)Rs 2,908 Cr
Total income (latest year)Rs 10,421 Cr
Share capitalRs 3,463 Cr
ReservesRs 8,250 Cr
Shareholders' fundsRs 11,713 Cr
Total assetsRs 102,376 Cr
Net blockRs 719 Cr
Capital work in progressRs 11 Cr
InvestmentsRs 7,846 Cr
ReceivablesRs 32 Cr
Other liabilitiesRs 4,319 Cr
Shares outstanding (crore)346.34
Ownership
Promoter holding85.41%
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodTATACAPNifty 50Difference
1 week-5.0%-2.8% -2.3 pts
1 month-13.2%-6.8% -6.4 pts
3 months-8.6%-7.6% -1.0 pts
6 months+4.7%+0.4% +4.3 pts
117 mutual fund schemes hold about ₹3,164 Cr. Over three months 95 bought more and 7 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
HDFC Large Cap Fund0.75%300 +8%
Franklin India Flexi Cap Fund1.13%219 +57%
HDFC Multi Cap Fund1.03%213 +8%
Sundaram Mid Cap Fund1.41%209 +108%
DSP ELSS Tax Saver Fund1.23%205 +9%
Sundaram Mid Cap Fund1.41%204 +108%
DSP Large & Mid Cap Fund1.04%191 +7%
Tata Balanced Adv Fund1.39%122 +14%
HDFC Value Fund1.39%115 +1%
Aditya Birla SL Banking & Financial Services Fund2.27%83 +10%
Franklin India ELSS Tax Saver Fund1.29%80 +21%
ICICI Pru Nifty Next 50 Index Fund0.73%74 +6%
Axis Large & Mid Cap Fund0.42%73 +5%
Axis Large & Mid Cap Fund0.42%71 +5%
HDFC Banking & Financial Services Fund1.33%63 +8%
Kotak Aggressive Hybrid Fund0.62%57 +6%
UTI Nifty Next 50 Index Fund0.73%55 +6%
Baroda BNP Paribas Large Cap Fund1.88%50 +7%
Aditya Birla SL Conglomerate Fund2.52%41 +11%
Tata Multi Asset Allocation Fund0.75%40 +8%
Edelweiss Recently Listed IPO Fund3.20%39 -3%
WOC Flexi Cap Fund0.42%39 -2%
Franklin India Multi Asset Allocation Fund1.19%35 +7%
Sundaram Multi Cap Fund1.08%33 +4%
Nippon India Flexi Cap Fund0.32%31 +7%

Red flags

F-score 4 of 8
explainWeak cash conversion Cash from operations was -406% of net profit over the last 2 years
explainHigh accruals Profit exceeded operating cash by 16% of total assets in 2026
explainLow interest cover Interest cover 1.5x in 2026
lookAuditor change Auditor change 2026-08-19: Tata Capital Limited has informed the Exchange regarding Change in Auditors of the company.
lookRegulator order or action Regulator order or action 2025-12-23: Tata Capital Limited has informed the Exchange about the disclosure under Regulations 30 and 51 of the SEBI LODR with respect to the settlem
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2025-12-18Tata Motors Passenger Vehicles LimPromoter Groupother4,326,651Scheme of Amalgamation/M
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Revenue ₹8,822 Cr +15.1% vs Jun 2025. Net profit ₹1,628 Cr +56.4%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-27Dividend - Re 0.57 Per Share
DateTypeWhat it says
2026-09-09Change in ManagementDisclosure under Regulation 30 of SEBI LODR Regulations - Change in Senior Management Personnel of the Company
2026-09-08AllotmentAllotment of 300000 securities pursuant to Non Convertible Securities
2026-08-20ESOP grantGrant of stock options under the ESOP Scheme of the Company.
2026-08-19Change in AuditorsChange in Auditors of the company.
2026-08-19Shareholder meetingProceedings of Annual General Meeting held on August 19, 2026. Further, the Company has submitted the Exchange a copy of Scrutinizers report along wit...
2026-08-12Concall / analyst meetSchedule of Analyst / Institutional Investor Meeting.
2026-08-03Concall / analyst meetTranscript
2026-07-31Shareholder meetingVoting results.
2026-07-28Concall / analyst meetAudio Recording of Media call and Earnings Conference Call held on July 28, 2026.
2026-07-28Monitoring Agency ReportMonitoring Agency Report for the quarter ended June 30, 2026.
2026-07-28Statement of deviation(s) orStatement of deviation(s) or variation(s) under Reg. 32
2026-07-28Investor PresentationInvestor Presentation
2026-07-28Press ReleasePress Release on Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2026.
2026-07-28Change in ManagementTata Capital Limited has informed the exchange regarding Re-Appointment of Ms. Sarita Kamath as Chief Compliance Officer of the Company
2026-07-28Board meeting outcomeTata Capital Limited has submitted to the Exchange, the Unaudited Financial results for the quarter ended June 30, 2026.
2026-07-25General UpdatesPursuant to Regulation 36(1)(b) and 58(1)(b) of SEBI LODR Regulations, 2015, the Company has dispatched letters providing weblink and QR code for acce...
2026-07-23UpdatesBusiness Responsibility and Sustainability Report for FY 2025-26 , which also forms part of the Annual Report for FY 2025-26.
2026-07-23Shareholder meetingNotice of Annual General Meeting to be held on August 19, 2026 at 11:00 a.m. (IST).
2026-07-22General UpdatesConference call with Media in respect of the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 202...
2026-07-22Concall / analyst meetConference call with Media and Earnings Conference call in respect of the Unaudited Standalone and Consolidated Financial Results of the Company for t...
2026-07-21AllotmentThe Allotment of USD 400 million 5.332 per cent senior notes due 2030 as part of the USD 2 billion medium term note programme.
2026-07-16Credit RatingCredit Rating
2026-07-15Press ReleaseA press release dated July 15, 2026, titled "Tata Capital Limited has informed the Exchange regarding a press release titled "Tata Capital Limited Rai...
2026-07-15General UpdatesWith respect to approval of the pricing, tenure and other terms of the senior notes.
2026-07-15Credit RatingCredit Rating
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Trade dateShares sold short
2026-09-2950
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Tata Capital Ltd?

Tata Capital Ltd (TATACAP) has a market capitalisation of Rs 1,40,654 Cr. at the 2026-10-01 close.

What is the P/E ratio of Tata Capital Ltd?

Tata Capital Ltd trades at a P/E of 25.9 on trailing twelve-month profit, at the 2026-10-01 close.

What were Tata Capital Ltd's latest quarterly results?

In the Jun 2026 quarter, Tata Capital Ltd revenue was Rs 8,822 Cr (+15.1% vs Jun 2025) and net profit was Rs 1,628 Cr.

What is the 52-week high and low of Tata Capital Ltd?

The 52-week high is Rs 390.20 and the 52-week low is Rs 296.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03