Tata Motors Passenger Vehicles Recommends ₹3 Dividend, Reports Q4 FY26 Results
Tata Motors Passenger Vehicles declared Q4 FY26 results, recommending a ₹3 dividend per equity share. Consolidated revenue rose 7.2% to ₹105.4K Cr in Q4 FY26. Full-year revenue was ₹335.6K Cr. The company achieved record annual sales and reinforced its EV leadership. The AGM is scheduled for July 8, 2026.
The dividend recommendation and positive domestic performance are material for shareholders and the market. However, the overall financial results were impacted by JLR headwinds, moderating the immediate impact.
The company announced a dividend recommendation and strong performance in its domestic passenger vehicle segment, alongside improved Q4 consolidated metrics, indicating positive financial health and shareholder returns.
Tata Motors Passenger Vehicles Limited (TMPVL) announced its Audited Standalone and Consolidated Financial Results for the fourth quarter and financial year ended March 31, 2026. The Board of Directors has recommended a final dividend of ₹3.00 per Equity Share of ₹2 each (@ 150%), subject to shareholder approval at the 81st Annual General Meeting (AGM) scheduled for Wednesday, July 8, 2026. If declared, the dividend will be paid on or before July 14, 2026.
Consolidated revenue for Q4 FY26 was ₹105.4K Cr (up 7.2%), with EBITDA at ₹13.9K Cr and Free Cash Flows of ₹11.4K Cr. For the full year FY26, consolidated revenues stood at ₹335.6K Cr (down 8.3% YoY). Profitability was impacted by headwinds at JLR, including a cyber incident and VME pressures. The Consolidated Net Debt stood at ₹30.7K Cr.
In the domestic market, Tata PV revenue was ₹18.7K Cr, up 49%, with EBITDA Margin at 9.4%. The company achieved its highest-ever annual sales of over 6.4 lakh units in FY26, with a 15% YoY growth, securing the #2 position in H2 FY26. EV penetration remained strong at 14% in FY26, with Tata.ev surpassing 250,000 cumulative sales.
BSR & Co. LLP, the statutory auditors, have issued an unmodified audit report on the financial results. The Board Meeting commenced at 11:30 a.m. (IST) and concluded at 4:05 p.m. (IST) on May 14, 2026. Maloy Kumar Gupta, Company Secretary & Chief Legal Officer, signed the disclosure.
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Tata Motors Passenger Vehicles Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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