🚀 VC round data is live in beta, check it out!
- Public Comps
- Tata Motors
Tata Motors Valuation Multiples
Discover revenue and EBITDA valuation multiples for Tata Motors and similar public comparables like Hyundai Motors India, Rivian, TVS Motor, Chery Automobile and more.
Tata Motors Overview
About Tata Motors
Tata Motors Ltd is an automobile manufacturer, offering a diverse portfolio of smarter, integrated and safer mobility solutions. It designs, manufactures and sells a wide range of automotive vehicles. The company also manufactures engines for industrial applications. Its operating segments consist of: a) Automotive: The Automotive segment consists of four reportable sub-segments: Tata Commercial Vehicles, Tata Passenger Vehicles, Jaguar Land Rover and Vehicle Financing. Other operating segments do not meet the quantitative thresholds for disclosure and have been aggregated. b) Others: Others consist of IT services and Insurance Broking services. The majority of revenue is generated from the Tata Commercial Vehicles sub-segment of the Automotive segment.
Founded
1945
HQ

Employees
20.8K
Website
Financials (LTM)
EV
$20B
Tata Motors Financials
Tata Motors reported last 12-month revenue of $8B and EBITDA of $1B.
In the same LTM period, Tata Motors generated $3B in gross profit, $1B in EBITDA, and $666M in net income.
Tata Motors P&L
In the most recent fiscal year, Tata Motors reported revenue of $46B and EBITDA of $7B.
Tata Motors expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $8B | XXX | $46B | XXX | XXX | XXX |
| Gross Profit | $3B | XXX | $17B | XXX | XXX | XXX |
| Gross Margin | 30% | XXX | 37% | XXX | XXX | XXX |
| EBITDA | $1B | XXX | $7B | XXX | XXX | XXX |
| EBITDA Margin | 12% | XXX | 14% | XXX | XXX | XXX |
| EBIT Margin | 10% | XXX | 1% | XXX | XXX | XXX |
| Net Profit | $666M | XXX | $2B | XXX | XXX | XXX |
| Net Margin | 8% | XXX | 5% | XXX | XXX | XXX |
| Net Debt | — | — | $3B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Tata Motors Stock Performance
Tata Motors has current market cap of $19B, and enterprise value of $20B.
Market Cap Evolution
Tata Motors' stock price is $5.21.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $20B | $19B | 0.5% | XXX | XXX | XXX | $0.66 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialTata Motors Valuation Multiples
Tata Motors trades at 2.3x EV/Revenue multiple, and 19.2x EV/EBITDA.
Tata Motors Financial Valuation Multiples
As of April 2, 2026, Tata Motors has market cap of $19B and EV of $20B.
Equity research analysts estimate Tata Motors' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Tata Motors has a P/E ratio of 28.8x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $19B | XXX | $19B | XXX | XXX | XXX |
| EV (current) | $20B | XXX | $20B | XXX | XXX | XXX |
| EV/Revenue | 2.3x | XXX | 0.4x | XXX | XXX | XXX |
| EV/EBITDA | 19.2x | XXX | 3.0x | XXX | XXX | XXX |
| EV/EBIT | 23.4x | XXX | 45.5x | XXX | XXX | XXX |
| EV/Gross Profit | 7.8x | XXX | 1.1x | XXX | XXX | XXX |
| P/E | 28.8x | XXX | 7.9x | XXX | XXX | XXX |
| EV/FCF | 24.4x | XXX | 7.4x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Tata Motors Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Tata Motors Margins & Growth Rates
Tata Motors' revenue in the last 12 month grew by 11%.
Tata Motors' revenue per employee in the last FY averaged $2.2M, while opex per employee averaged $0.8M for the same period.
Tata Motors' rule of 40 is (37%) (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Tata Motors' rule of X is (110%) (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Tata Motors Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 11% | XXX | (82%) | XXX | XXX | XXX |
| EBITDA Margin | 12% | XXX | 14% | XXX | XXX | XXX |
| EBITDA Growth | 15% | XXX | (84%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | (37%) | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | (110%) | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $2.2M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.8M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 5% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 1% | XXX | 2% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 36% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Tata Motors Public Comps
See public comps and valuation multiples for other Automakers and Electric Vehicles comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Hyundai Motors India | XXX | XXX | XXX | XXX | XXX | XXX |
| Rivian | XXX | XXX | XXX | XXX | XXX | XXX |
| TVS Motor | XXX | XXX | XXX | XXX | XXX | XXX |
| Chery Automobile | XXX | XXX | XXX | XXX | XXX | XXX |
| Traton | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Tata Motors M&A Activity
Tata Motors acquired XXX companies to date.
Last acquisition by Tata Motors was on XXXXXXXX, XXXXX. Tata Motors acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Tata Motors
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialTata Motors Investment Activity
Tata Motors invested in XXX companies to date.
Tata Motors made its latest investment on XXXXXXXX, XXXXX. Tata Motors invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Tata Motors
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Tata Motors
| When was Tata Motors founded? | Tata Motors was founded in 1945. |
| Where is Tata Motors headquartered? | Tata Motors is headquartered in India. |
| How many employees does Tata Motors have? | As of today, Tata Motors has over 20K employees. |
| Is Tata Motors publicly listed? | Yes, Tata Motors is a public company listed on National Stock Exchange of India. |
| What is the stock symbol of Tata Motors? | Tata Motors trades under TMCV ticker. |
| When did Tata Motors go public? | Tata Motors went public in 2025. |
| Who are competitors of Tata Motors? | Tata Motors main competitors are Hyundai Motors India, Rivian, TVS Motor, Chery Automobile. |
| What is the current market cap of Tata Motors? | Tata Motors' current market cap is $19B. |
| What is the current revenue of Tata Motors? | Tata Motors' last 12 months revenue is $8B. |
| What is the current revenue growth of Tata Motors? | Tata Motors revenue growth (NTM/LTM) is 11%. |
| What is the current EV/Revenue multiple of Tata Motors? | Current revenue multiple of Tata Motors is 2.3x. |
| Is Tata Motors profitable? | Yes, Tata Motors is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Tata Motors? | Tata Motors' last 12 months EBITDA is $1B. |
| What is Tata Motors' EBITDA margin? | Tata Motors' last 12 months EBITDA margin is 12%. |
| What is the current EV/EBITDA multiple of Tata Motors? | Current EBITDA multiple of Tata Motors is 19.2x. |
| What is the current FCF of Tata Motors? | Tata Motors' last 12 months FCF is $803M. |
| What is Tata Motors' FCF margin? | Tata Motors' last 12 months FCF margin is 10%. |
| What is the current EV/FCF multiple of Tata Motors? | Current FCF multiple of Tata Motors is 24.4x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.