India has become the third largest automobile sector in the world. India’s automobile sector is around 8 lakh crore rupees. 8% of India’s total export is done by automobile sector. In this article, we will forecast India leading automobile sector company Tata Motors stock price.
Tata Motors the largest manufacturer in commercial vehicles in India and third largest manufacturer in passenger vehicles. In the financial year 2023 Tata Motors shows 35% growth whereas the automobile industry has 20% growth.
This article we will analyze the Tata Motors financials and future plans. and forecast the Tata Motors share price target in upcoming years. Tata Motors share price target 2023 Tata Motors share price target 2024 Tata Motors share price target 2025 Tata Motors share price target 2028 Tata Motors share price target 2030
Tata Motors Limited
Tata Motors Limited was founded in 1945 by Jahangir Ratanji Dadabhoy Tata. Tata Motors headquarter situated in Mumbai Maharashtra. Tata Motors total revenue is ₹350,600.15 crore.
Tata Motors IPO was launched in 1980. In 2008 Tata Motors acquired Jaguar and Land Rover from Ford Motors. Tata Motors has 7 subsidiary company Which are following:
- Tata Motors Car
- Jaguar and Land Rover
- Tata Marcopolo
- Tata Daewoo
- Tata Technologies
- Tata Hitachi Construction machinery
- Tata Hispano
Tata Motors do their business in more than 125 countries in the world. Tata Motors Jaguar and Land Rover largest manufacturer in the UK automobile sector. According to a Reuters report, Jaguar and Land Rover contribute 60% total sales in Tata Motors, which makes Tata Motors profitable from the last 2 years.
Tata Motors fundaments
| Market Cap | ₹2,09,177.64 crore |
| Enterprise Value | ₹2,26,635 crore |
| No. of share | 332.19 crore |
| P/E | 76.67 |
| P/B | 9.38 |
| Face value | 2 |
| Dividend Yield | 0.32 |
| Book Value | 67.16 |
| EPS | ₹8.21 |
| ROE | 12.90% |
| ROCE | 7.81% |
| Profit growth (1 year) | 256.86% |
| Sales growth | 39.13% |
| Cash | ₹1,414 crore |
| Promoter’s Holding | 46.39% |
TATA Motors Share Price Target 2023
On 22nd July 2023 Tata Motors share price was ₹625. Tata Motors showed immense growth in their profit last year. After the covid pandemic this was the first year with Tata Motors becoming profitable.
In the year of 2022 Tata Motor sales 5,26,798 units Passenger vehicles in the domestic market. At the end of 2023 Tata Motors share price target is ₹680.
TATA Motors share price target 2024, 2025, 2026, 2027, 2028, 2029, 2030
2022 was a fantastic year for Tata Motors after the pandemic. This was the first year Tata Motors has been profitable. Tata Motors sales and profit have shown immense growth.
Also 80% of investors like to buy this stock. Automobile industries have shown 20% growth whereas Tata Motors have shown nearly 48% growth which is higher than industry growth.
TATA Motors share price target 2024, 2025, 2026, 2027, 2028, 2029, 2030
| Year | 1st Target | 2nd Target |
| TATA Motors share price target 2024 | ₹681.742 | ₹805.210 |
| TATA Motors share price target 2025 | ₹806.520 | ₹928.390 |
| TATA Motors share price target 2026 | ₹929.615 | ₹1051.50 |
| TATA Motors share price target 2027 | ₹1051.240 | ₹1173.478 |
| TATA Motors share price target 2028 | ₹1174.233 | ₹1228.570 |
| TATA Motors share price target 2029 | 1228.680 | ₹1359.689 |
| TATA Motors share price target 2030 | ₹1359.509 | ₹1498.679 |
Tata Motors share price target 2024
Tata Motors share price target 2024 is ₹681.742. At the end of the year 2024 Tata Motors share price target touched ₹805.210.
2022 and 2023 are the best years for Tata Motor from the past 3 years. In the quarter of financial year 2023 Tata Motors sold 2,51,882 units. Financial year 2023 passenger vehicle sales growth has been 45% which is more than the industry growth.
Tata Motors mainly focused on passenger vehicle sales growth but TATA Motors commercial vehicles faced a decline of 12%.
Tata Motors share price target 2025
Tata Motors share price target 2025 is ₹806.520 And at the end of the year Tata Motors share price reached at ₹928.390. Over the year you will get a return of 15.11%.
Tata Motor is the first mover in the electric vehicle sector in India. Tata Motors covers around 80% market share in electric vehicles.
According to the report of Investing India website. The EV is sector in India is expected to grow at a CAGR of 49%. This growth of the EV sector will definitely benefit Tata Motors.
Tata Motors share price target 2028
Tata Motors share price target 2028 will be ₹1174.233. At the end of the year 2028 Tata Motors share price will touch the target of ₹1228.570.
After the pandemic Tata Motors sales growth and profit growth has shown remarkable growth. Tata Motors’ last 5 years sales growth is 2.58%, last 3 year sales growth is 2.87% but in the last year Sales growth has been 12.9%.
In 2019 China’s automobile sector was completely shut down due to which Tata Motors faced a very remarkable loss. Jaguar and Land Rover are the main car makers in China. but after the pandemic China market got their Pace.
The month of February Tata Motors JLR groups sells total 1,670 Units in British market. Jaguar and Land Rover are the leading manufacturers in the British automobile industry.
Jaguar and the Land Rover unit of Tata Motors will invest 15 billion pounds in the EV sector. The company’s CEO reaffirmed JLR’s commitment to its Reimagine strategy, positioning it as an electric-first luxury carmaker by 2030.
Tata Motors share price target 2030
2030 Tata Motors share price target will be ₹1359.509. Tata Motors share is good for long term Investment. Tata Motors has shown 296.15% Profit growth in the last 1 year. In long term Tata Motor definitely will give you a huge return on your investment.
Tata Motors P&L Sheet
| Particulars | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| Net sales | 69,202.76 Cr | 43,928.17 Cr | 30,175.03 Cr | 47,263.68 Cr | 65.757.33 Cr |
| Total expenditure | 64,296.11 Cr | 44,611.09 Cr | 28,741.31 Cr | 45,764.75 Cr | 61,266.28 Cr |
| Operating profit | 4,933.65 Cr | -682.92 Cr | 1,433.72 Cr | 1,498.93 Cr | 4,531.05 Cr |
| Other income | 2,560.56 Cr | 1,414.79 Cr | 440.64 Cr | 659.91 Cr | 820.94 Cr |
| Interest | 1,793.57 Cr | 1,973 Cr | 2,110.83 Cr | 2,121.73 Cr | 2,047.51 Cr |
| Depreciation | 3,098.64 Cr | 3,375.29 Cr | 1,730.70 Cr | 1,760.57 Cr | 1,766.86 Cr |
| Exceptional items | -203.07 Cr | -2,510.92 Cr | -307.55 Cr | 83.41 Cr | -282.82 Cr |
| Profit before tax | 2,398.93 Cr | -7,127.34 Cr | -2,274.72 Cr | -1,640.05 Cr | 1,254.80 Cr |
| Tax | 378 Cr | 162.29 Cr | 20.72 Cr | 99.18 Cr | -1,473.33 Cr |
| Net profit | 2020.60 Cr | -7,289.63 Cr | -2,395.44 | -1,390.86 Cr | 2,728.13 Cr |
| Adjusted EPS | 5.95 Rs | -20.26 Rs | -6 Rs | -4.54 Rs | 7.12 Rs |
Conclusion
In this article, I have given you all the information about Tata Motors Share Price Target, I have tried to give you the best information about all the financial data of Tata Motors. There are ups and downs in the stock market, due to which all the stock price targets mentioned in this article can go up or down. Therefore, before investing, do your research well.
Hi, I’m Ashish, the author here. With a solid background in data analytics and statistics, I bring you straightforward insights into the stock market. I research stocks inside out, blending fundamental and technical analyses. My goal is to provide you with clear, actionable content that simplifies the complexities of investing. Join me on this journey for straightforward advice and a data-driven approach to making informed decisions in the stock market.