Automobile and Auto Components · NSE: TMCV
Intrynsic's multi-model valuation estimates Tata Motors Limited's fair value at ₹372 per share (range ₹362–₹571) against a market price of ₹430 - a gap of -13.5% (updated 29 September 2026). This is an estimated fair value based on stated assumptions, not investment advice.
Market price
₹430
close of 29 Sept 2026
Est. fair value
₹372
₹362–₹571
Gap
-13.5%
price vs estimate
Trading close to our estimated fair value (-14% gap). Assumptions and per-model workings are below.
Tata Motors is the commercial-vehicle company left after the 2025 demerger of its passenger-vehicle and Jaguar Land Rover business, making trucks and buses in India. Its results follow the freight and infrastructure cycle.
Automobile and Auto Components · Automobiles
We need at least four years of results to judge growth.
Every ₹100 of shareholder money earned ₹23.8 in profit last year, vs a sector median of 12.7%.
It holds more cash than debt.
The market price is close to our estimated fair value (based on stated assumptions).
Cash-flow history is too thin to judge earnings quality.
Intrynsic values Tata Motors Limited with 3 independent models and blends them into one estimated fair-value range. Every number below is an estimate based on the stated assumptions - change the assumptions and the estimate changes.
| Model | Estimated value | vs price | Weight |
|---|---|---|---|
| DCFFuture Cash Flows Method | ₹571 | +33% | - |
| EV/EBITDAIndustry Comparison Method | ₹372 | -14% | - |
| EV/EBITAfter-Depreciation Comparison Method | ₹362 | -16% | - |
Reverse DCF: today's market price implies the company must grow free cash flow about 9.3% a year for the next decade - versus 43.8% historical revenue growth.
| Revenue | ₹85,178 Cr | |
| Net profit | ₹3,030 Cr | |
| EPS | ₹16.46 | - |
| Free cash flow | ₹12,733 Cr | |
| ROE (latest) | 23.8% |
Intrynsic's multi-model valuation estimates Tata Motors Limited's fair value at ₹372 per share (range ₹362–₹571), last updated 29 September 2026. This is an estimate based on stated assumptions, not investment advice.
Tata Motors Limited trades at ₹430 against Intrynsic's estimated fair value of ₹372 - the market price is 14% above the estimate, i.e. above our estimated fair-value range. Different assumptions produce different estimates; see the model breakdown above.
Tata Motors Limited trades at about 26.1 times its latest annual earnings per share.
Tata Motors is the commercial-vehicle company left after the 2025 demerger of its passenger-vehicle and Jaguar Land Rover business, making trucks and buses in India. Its results follow the freight and infrastructure cycle.
Intrynsic runs 3 valuation models for Tata Motors Limited (DCF, EV/EBITDA, EV/EBIT) and blends them into one estimated fair-value range. Every assumption - growth, discount rate, terminal value - is shown openly on this page.
Disclaimer: Intrynsic provides educational and informational analysis only. Fair-value figures are estimates based on stated assumptions - they are not investment advice, research recommendations, or an offer to transact in any security. Intrynsic is not a SEBI-registered investment adviser or research analyst. Markets carry risk; please do your own research or consult a registered adviser before making investment decisions. Prices shown may be delayed end-of-day values. Terms · Privacy