Tata Motors Share Price Target 2024, 2025, 2026 To 2030 - Finances Rule (2024)

About Tata Motors

Tata Motors is an Indian automotive brand that has been working in the country for the last 77 years. It has many subsidiaries and is working in many joint ventures.

Tata took over Daewoo the biggest truck manufacturer in South Korea in 2004, and its most popular takeover is Jaguar and Land Rover which took place in 2008 from Ford.

Tata Motors employs over 81,000 employees. And is a market leader in the commercial vehicle segment with over 42% market share.

It is working internationally with different companies in joint ventures like an alliance with Fiat and has R&D facilities in the UK, Italy, India, and South Korea.

Tata Motors Q3 FY24 Highlights

• Net Profit Surge: Tata Motors reports a remarkable 137.5% increase in consolidated net profit, reaching ₹7,025.11 crore.
• Revenue Growth: Total revenue climbed by 25% to ₹110,577 crore, driven by a strong performance in Jaguar Land Rover (JLR) sales, which rose 27%.
• Operating Performance: Earnings before interest, taxes, depreciation, and amortization (EBITDA) soar by 59% to ₹15,333 crore, with an EBITDA margin of 13.9%, up 300 basis points.
• JLR’s Strong Performance: JLR’s revenue rises by 22% to £7.4 billion, with an EBIT margin of 8.8% and a profit before tax of £627 million, marking its highest quarterly profit since Q4 FY17.
• Commercial Vehicles (CV) and Passenger Vehicles (PV): CV revenue increases by 19.2% to ₹20,123 crore, while PV revenue grows by 10.6% to ₹12,910 crore, supported by strong volumes and improved margins.
• Financial Health: Debt to equity ratio drops significantly to 1.58 times, EPS climbs to ₹18.32, and finance costs are reduced by ₹191 crore to ₹2,485 crore, reflecting improved financial stability and performance.

In 2024, Tata Motors’ share price targets show a fluctuating trend, with the maximum price projected to reach ₹1,140.17 in December and the minimum at ₹863.47 in May. The market capitalization stands at ₹3,44,423 crore, with the current price at ₹942 (as of February 27th, 2024), trading within the high/low range of ₹950 to ₹400.

The stock’s P/E ratio is at 17.1, with a book value of ₹161 and a dividend yield of 0.21%

In 2026, Tata Motors’ share price targets continue on an upward trajectory, with the maximum price projected to reach ₹1,711.24 in December and the minimum at ₹1,101.32 in January, indicating sustained growth potential

Tata Motors Financial Condition: Last 5 years

This is the Profit and Loss statement of Tata Motors comparing the growth of the company for the last 5 years.

As we can see the assets and liabilities of the company have not changed much but the cash reserves of the company have grown by a lot of margins.

We know that Tata Motors bought a factory from Ford in Sanand and plans to manufacture EVs in that factory. Recently they announced this manufacturing plant will be active by FY2024, which will increase the production capacity. We expect Tata Motors to become a top EV brand in India for its EV division and its share price may skyrocket.

FAQs

Tata Motors Share Price Target of 2025 suggests it could be trading between 894.59 to 1,390.02.

Will Tata Motors rise?

Tata Motors is expected to rise in the future as well. As we said, we are bulling on this stock because of the expansion of TM into the EV sectors. This auto stock, according to us, is a long-term hold.

Tata Motors is expected to trade in between ₹2,432.93 and ₹3,780.30 per share in 2030.

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Conclusion

In conclusion, Tata Motors emerges as a formidable player in the global automotive industry, backed by its extensive portfolio and strategic acquisitions. With a robust presence across key markets worldwide and a diverse range of vehicles spanning cars, sports utility vehicles, trucks, buses, and defense vehicles, the company exhibits resilience and adaptability. Despite fluctuating financial performances in recent years, Tata Motors showcases promising growth prospects, especially with its foray into electric vehicles, signifying a shift towards sustainable mobility. The projected share price targets for 2024 to 2030 reflect a positive outlook, with expectations of steady growth and potential for substantial returns.

As Tata Motors continues to expand its production capacities and ventures into emerging technologies, it stands poised to solidify its position as a leading innovator and provider in the automotive landscape. Investors may find Tata Motors an enticing long-term investment opportunity, particularly considering its strategic positioning and future-oriented initiatives.