Earnings Alerts

TTMT Beats Estimates: In-Depth Analysis of Tata Motors Ltd’s Surpassing 4Q Earnings Expected Results

  • Tata Motors’ net income for the fourth quarter was 174.1 billion rupees, significantly surpassing estimates of 66.74 billion rupees.
  • The company’s revenue for the quarter, however, missed the expectations mildly, arriving at 1.19 trillion rupees against the predicted 1.21 trillion rupees.
  • Revenue from Tata commercial vehicles totalled 216 billion rupees, slightly below the estimated 220.67 billion rupees.
  • On a brighter note, Tata’s passenger vehicles segment revenue exceeded estimates, clocking in at 144 billion rupees against the anticipated 136.58 billion rupees.
  • Jaguar Land Rover, a subsidiary of Tata Motors, posted a revenue of GBP 7.9 billion.
  • Tata Motors’ Ebitda (earnings before interest, taxes, depreciation, and amortization) was 179 billion rupees, beating the estimate of 174.07 billion rupees.
  • Regarding the stock’s performance, there were 24 buys, 3 holds, and 6 sells.

Tata Motors Ltd on Smartkarma

Analyst coverage of Tata Motors Ltd on Smartkarma, an independent investment research network, showcases insights from top independent analysts like Leonard Law, CFA and Nimish Maheshwari.

Leonard Law, CFA, in his research report “Morning Views Asia: Tata Motors ADR, Xiaomi Corp“, holds a bullish sentiment. The report provides fundamental credit analysis, opinions, and trade recommendations on high-yield issuers in the region, highlighting key company-specific developments impacting Tata Motors ADR. On the other hand, Nimish Maheshwari‘s analysis titled “Decoding Tata Motors Demerger: The Way Ahead” also leans bullish. This report delves into a detailed analysis of Tata Motors’ demerger strategy aimed at unlocking value in EV and JLR segments while streamlining operations and enhancing shareholder value in the passenger and commercial vehicle sectors.


A look at Tata Motors Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts using the Smartkarma Smart Scores have rated Tata Motors Ltd positively for its long-term outlook. The company has received a high score in Momentum, indicating strong market momentum and potential for future growth. This suggests that the company may see continued positive performance in the coming months based on market trends and investor sentiment.

Furthermore, Tata Motors received a solid score in Growth, reflecting its potential for expansion and increasing market share in the automotive industry. While other factors like Value, Dividend, and Resilience scored lower, the overall positive outlook on growth and momentum positions Tata Motors favorably for long-term investment prospects.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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