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Tata Motors Limited conducted its Investor Day 2025 on June 9, 2025, presenting its financial performance, strategic outlook, and business updates.

• The company delivered a strong turnaround in FY25, with revenue of ₹4,40,000 crore, PBT (before exceptional items) of ₹34,300 crore, and free cash flow of ₹22,400 crore. The Group turned net cash positive with ₹1,000 crore cash, and ROCE reached 17.6%.
• Commercial Vehicles (CV) Business: The CV segment delivered on most commitments. In FY25, it achieved an EBITDA margin of 11.8%, Capex of ₹1,900 crore (2.8% of Revenue), Free Cash Flow of ₹7,400 crore (10% of Revenue), and ROCE of 37.7%. The outlook for CV by 2027 targets a 40% market share, teens EBITDA, Capex of 2-4% of Revenue, and FCF of ~7-9% of Revenue, sustaining high ROCE.
• Passenger Vehicles (PV) Business: FY25 was a year of consolidation, with the company aiming to step up the pace. The PV segment recorded an EBITDA margin of 8.1%, Capex of ₹2,800 crore (5.8% of Revenue), and Free Cash Flow of approximately ₹1,000 crore.
• Electric Vehicles (EV) Business: Tata Motors maintained its leadership with over 55% market share. The EV business achieved an EBITDA of 1.2% and Capex of ₹1,600 crore. Tata Motors Smart City Mobility Solutions achieved positive EBITDA for both FY24 and FY25, cumulatively deploying over 3,600 electric buses until FY25.
• Corporate Actions: The company completed several corporate actions, including ADR Delisting, DVR Cancellation, divestments in non-core businesses (value unlock in TTL, TMF merger with TCL), and deleveraging, leading to the TML Group turning net cash positive in FY25. The upcoming demerger was also highlighted.
• Credit Ratings: Credit ratings continued to improve across agencies, with S&P Global, Moody’s, Crisil, and ICRA showing upgrades.

Tata Motors Limited reported total sales of 70,187 units in the domestic and international markets for May 2025, a decrease from 76,766 units sold in May 2024.

• Domestic Sales Performance:

  • Total domestic sales for May 2025 were 67,429 units, a 10% decline compared to 75,173 units in May 2024.

• Commercial Vehicles (CV):

  • Total CV sales were 28,147 units in May 2025, marking a 5% year-on-year decrease.
  • Domestic CV sales stood at 25,872 units, down 9% from May 2024.
  • CV International Business (IB) sales saw an 87% growth, reaching 2,275 units.
  • Category-wise domestic CV sales performance:
    • HCV Trucks: 7,106 units (-10% YoY)
    • ILMCV Trucks: 4,954 units (+11% YoY)
    • Passenger Carriers: 4,748 units (0% YoY)
    • SCV cargo and pickup: 9,064 units (-20% YoY)
  • Domestic sales of MH&ICV (trucks and buses) were 12,406 units in May 2025, compared to 12,987 units in May 2024.
  • Total sales for MH&ICV (Domestic & International Business) were 13,614 units in May 2025, against 13,532 units in May 2024.

• Passenger Vehicles (PV):

  • Total PV sales (including EV) were 42,040 units in May 2025, an 11% year-on-year decline.
  • Domestic PV sales (including EV) reached 41,557 units, also down 11% from May 2024.
  • PV International Business (IB) sales increased by 28% to 483 units.
  • Electric Vehicle (EV) sales (IB + Domestic) grew by 2% to 5,685 units.

Tata Motors Limited announced on May 28, 2025, that it has scheduled physical group meetings with various analysts and institutional investors on June 2, 2025. The meetings are intended for engagement and discussion.

Key participants and their scheduled times include:

• Charles-Lim Capital Limited (10:00 AM)
• HSBC Global Asset Management (UK) Limited (10:00 AM)
• Optimas Capital Management Pte. Ltd. (10:00 AM)
• Aditya Birla Sun Life Mutual Fund (Group) (12:00 Noon)
• ApaH Capital Management Limited (12:00 Noon)
• MAM LLP (12:00 Noon)
• North Rock Capital Management, LLC (12:00 Noon)
• Pinpoint Asset Management Limited (12:00 Noon)
• Polymer Capital Management (HK) Limited (12:00 Noon)
• SBI Capital Markets Ltd (12:00 Noon)
• UBS Asset Management (12:00 Noon)

The company noted that the scheduled meetings are subject to changes.