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Tata Capital Ltd

₹ 3600.14%
05 Jan – close price
🔗tatacapital.com•BSE: 544574•NSE: TATACAP
Market Cap₹ 1,52,645 Cr.
Current Price₹ 360
High / Low₹ 363
Stock P/E60.1
Book Value₹ null
Dividend Yield0.00 %
ROCE9.62 %
ROE10.9 %
Face Value₹ 10.0
Sales₹ 21,897 Cr.
OPM66.5 %
Mar Cap₹ 1,52,645 Cr.

ABOUT

Tata Capital Limited is a diversified financial services company operating as a non-banking financial company (NBFC) in India.[1]

KEY POINTS

Business Profile[1]Tata Capital is the3rd largestand one of the fastest-growing diversified NBFCs in India, with a loan book of2.33 lakh croreas of June 2025. It serves7.3 Mn customers,offering over 25 lending products catered to individuals, SMEs, and corporates. The company benefits from strong group synergy as the flagship financial services arm of the Tata group, with a heritage of over 150 years.

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsExcellent ResultsRevenue GuidanceRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsPreferential IssuanceJv Partnerships AcquisitionsRevenue Guidance Vs ActualsCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Bajaj Finance978.7533.28609025.410.454947.7621.8920178.9018.0611.3576194.7468.4818301.084875.365.903.993.85
2.Shriram Finance1003.3521.55188766.470.992314.1612.2211912.4418.0710.9545601.3072.598760.032314.223.113.043.87
3.Muthoot Finance3921.0021.55157415.790.662411.6590.367282.7947.7613.1924544.4075.967303.692420.634.804.673.76
4.Tata Capital359.6060.07152645.490.00660.61-6.575584.442.899.6221897.3966.502587.65660.61–1.704.84
5.Cholaman.Inv.&Fn1772.4032.20149564.590.111159.6119.827491.3819.7610.3428536.7369.184645.191159.615.752.387.23
6.SBI Cards873.5043.3383120.290.29444.779.984960.9812.2110.4019130.5427.491918.14444.775.623.103.33
7.L&T Finance Ltd320.3029.7080159.160.86734.885.644335.757.878.7116715.8260.772698.51734.843.042.373.72
–Median: 98 Co.132.3522.45494.480.06.758.1235.9113.08.91152.0256.2317.286.081.943.040.79

Quarterly Results

Standalone figures in ₹ crores

Jun 2025Mar 2025Sep 2024Sep 2025
Sales
––––
Expenses
1,8611,8761,7471,835
Operating Profit
––––
Other Income
253068
Profit before tax
763889927893
Tax %
26%26%24%26%
Net Profit
568655707661
EPS in Rs
1.431.721.891.64

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Sales
–––––
Expenses
1271122,3663,2117,335
Operating Profit
–––––
Other Income
111-31643
Interest
2552904,5576,64610,889
Depreciation
77198244340
Profit before tax
631033,0493,2093,375
Net Profit
47832,3212,4922,594
EPS in Rs
0.130.246.526.656.83
Dividend Payout %
0%68%3%3%6%

Compounded Profit Growth

10 Years:%
5 Years:%
3 Years:215%
TTM:4%

Compounded Sales Growth

10 Years:%
5 Years:%
3 Years:252%
TTM:65%

Return on Equity

10 Years:%
5 Years:%
3 Years:14%
Last Year:11%

Stock Price CAGR

10 Years:%
5 Years:%
3 Years:%
1 Year:%

Balance Sheet

Standalone figures in ₹ crores

Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
3,5163,5163,5603,7463,8004,035
Reserves
3,4133,50211,18115,70624,29926,275
Borrowings
––––––
Other Liabilities
1371543,1803,1364,4894,260
Total Liabilities
10,51411,26396,802123,713180,237181,370
Fixed Assets
90856059981,8012,314
Gross Block
1181181,4161,6412,615–
Accumulated Depreciation
2833811643814–
CWIP
00107140
Investments
9,08310,14012,0109,49311,50110,809
Other Assets
1,3411,03884,177113,215166,922168,247
Total Assets
10,51411,26396,802123,713180,237181,370

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
-62454-16,484-23,977-17,091
Cash from Investing Activity
-30-1,018-1,9323,1892,767
Cash from Financing Activity
11654119,41323,40915,985
Net Cash Flow
23-239962,6211,661

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
–––––
Inventory Days
–––––
Days Payable
–––––
Cash Conversion Cycle
–––––
Working Capital Days
–––––
ROCE %
–––––

Shareholding Pattern

Numbers in percentages

Oct 2025
Promoters
85.41%
FIIs
3.31%
DIIs
3.13%
Public
7.49%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Tata Capital Board Meeting on April 23 to Consider FY26 Results and Final Dividend

17th April 2026, 5:33 pm

Tata Capital: No Dematerialisation Requests Received in Q4 FY26

10th April 2026, 9:33 pm

Tata Capital to announce Q4 FY26 Financial Results on April 23; Trading Window Closes

23rd March 2026, 8:51 pm

Tata Capital Limited to Consider Annual Financial Results on April 23, 2026

23rd March 2026, 8:27 pm

Tata Capital Receives Income Tax Order Demanding ₹413 Cr; Company Eyes Favourable Appeal

22nd March 2026, 4:38 am

Published by Other Websites

External media mentions & references

Aavas Financiers CEO Out; Kotak's Manu Singh Poised for Top Job

13th April 2026, 1:09 am

RBI Draft: ₹1 Trillion NBFCs Face Bank-Like Norms, Govt Lenders Included

12th April 2026, 11:47 pm

$67 Billion in IPO Shares to Unlock, Fueling Retail Volatility

9th April 2026, 12:18 pm

Nomura: Fuel Prices Risk NBFC Loans, Hit MSME, Auto Sectors

30th March 2026, 12:45 pm

2025 IPOs Crash: Most Listings Now Trade Below Offer Price

25th March 2026, 6:50 am

News Articles

Editorial & research coverage

RIL, Banks Report Q3 Amid Global Turmoil, Gold Hits Record High
RIL, Banks Report Q3 Amid Global Turmoil, Gold Hits Record High

19th January 2026, 7:52 am

RIL, HDFC Bank, Wipro Post Q3 Results; IndiGo Fined ₹22 Cr. 16 Stocks in Focus.
RIL, HDFC Bank, Wipro Post Q3 Results; IndiGo Fined ₹22 Cr. 16 Stocks in Focus.

19th January 2026, 6:30 am

₹4,500 Cr Meesho, Tata Capital Shares Now Tradeable as Lock-in Ends
₹4,500 Cr Meesho, Tata Capital Shares Now Tradeable as Lock-in Ends

7th January 2026, 5:02 am

JM Financial Flags Steady Financial Growth, Picks Select Bank Stocks
JM Financial Flags Steady Financial Growth, Picks Select Bank Stocks

6th January 2026, 12:43 pm

Tata Capital Hits Record Highs as Lock-In Expiry Looms
Tata Capital Hits Record Highs as Lock-In Expiry Looms

5th January 2026, 8:25 am

Documents

Announcements

Board Meeting Intimation for Considering And Approving The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Nine Months Ended December 31, 2025

16h - Board meeting Jan 19, 2026 to approve Q3/9M results ended Dec 31, 2025; trading window closed.

Disclosure Under Regulations 30 And 51 Of The SEBI LODR

23 Dec - SEBI settlement: Tata Capital (ex-TMFL) paid Rs.32,00,000 for NCD issuance violations; receipt dated Dec 23, 2025.

Intimation Under Reg. 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015

22 Dec - 43,26,651 shares (0.10%) transferred to TML Commercial Vehicles (now Tata Motors) per NCLT-sanctioned scheme; effective Oct 1, 2025.

Closure of Trading Window

22 Dec - Trading window closed from Dec 24, 2025 until 48 hours after Q3/9M results for period ended Dec 31, 2025.

Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011

Annual Reports

No data available.

Credit Ratings

Rating update

23 Oct 2025 from fitch

Rating update

20 Jun 2025 from crisil

Rating update

19 Jun 2025 from icra

Rating update

28 May 2025 from care

Rating update

20 May 2025 from crisil

Rating update

19 May 2025 from crisil

Concalls

Dec 2025

PPT

Nov 2025

TranscriptPPTRecording

Stock Analysis

Description

  1. Tata Capital Limited is a diversified financial services company operating as a non-banking financial company (NBFC) in India.

Key Growth Triggers

  1. Tata Capital reported strong Q2 FY26 performance with highest-ever quarterly PAT of ₹1,128 crore (excl. Motor Finance), up 33% YoY, and consolidated AUM grew 22% YoY to ₹2,15,574 crore.
  2. The company provided robust guidance for FY26 and the next three years, targeting 18-25% AUM growth for FY26 and 23-25% over the next three years, with RoA projected to reach 2.5-2.7% by FY28.
  3. Strategic initiatives include the integration of Tata Motors Finance and a partnership with the Green Climate Fund to support climate-tech start-ups.
  4. The company is the 3rd largest NBFC in India with a loan book of ₹2.33 lakh crore as of June 2025.

Order Book

  1. Currently no data available for Order Book.

Key Red Flags

  1. Company has a low interest coverage ratio.
  2. High debt-to-equity ratio of 4.84.

Key Dates To Watch

  1. January 19, 2026: Board meeting to approve Q3 FY26 financial results.
  2. January 19, 2026, 05:15 PM IST: Earnings conference call for Q3 FY26 results.
  3. Trading window closure from December 24, 2025, until 48 hours after Q3 FY26 results announcement.

Corporate Announcements

17th Apr 26
Impact Rating: 6
Tata Capital announced its Board meeting scheduled for April 23, 2026. The agenda includes approving the audited standalone and consolidated financial results for the fiscal year ended March 31, 2026, and considering a proposal for a final dividend.
10th Apr 26
Impact Rating: 3
Tata Capital submitted a confirmation to BSE and NSE that for the quarter ending March 31, 2026, its registrar MUFG Intime received no dematerialisation requests for company securities from any shareholder.
23rd Mar 26
Impact Rating: 9
Tata Capital has set April 23, 2026, for its Board meeting to approve audited financial results for Q4 FY26. The trading window closes March 24, 2026, and will reopen 48 hours after results are declared.
23rd Mar 26
Impact Rating: 1
No description available.
21st Mar 26
Impact Rating: 8
Tata Capital received an Income Tax Order for FY 2017-18 with a ₹413.18 crore demand, citing short tax credit (₹209.52 cr) and ₹202.72 cr interest. The company deems it erroneous, expects no material impact, and will appeal.