Tata Investment Corporation Ltd.

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tatainvestment.comBSE: 501301NSE: TATAINVEST

Market Cap₹ 32,720 Cr.

Current Price

High / Low₹ 1,185 / 539

Stock P/E75.9

Book Value₹ 580

Price to Book0.94

Dividend Yield0.53 %

ROCE1.6 %

ROE1.4 %

Face Value₹ 1

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ABOUT

AI Sector View

AI GENERATED

Financial Services

Buy

Financials remain one of the clearest macro beneficiaries. Loan growth was 18.3% (Aug/26) versus deposit growth 14.7% (Aug/26), SCB credit growth was 17.5% YoY (2026-07), UPI transactions rose 22.0% YoY (2026-07), and M3 money supply grew 15.0% YoY (2026-07). Sector flows have also turned meaningfully supportive, with INR 13171 crore net FPI inflow over 3 months to 2026-08-31 after INR -114652 crore in the prior 3 months.

Confidence

84%

View full sector analysis →

PROS

Company has delivered good profit growth of 22.9% CAGR over last 5 years
Asset quality is healthy - gross NPA of just 0.0%
Company has consistently been profitable over the last 5 years
Company has delivered good sales growth of 19.5% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 39.7%

CONS

Company has a low return on capital employed of 1.5%
Company has a low return on equity of 1.3% over last 3 years
Valuation is stretched - P/E of 75.9 is well above its own 5-year median (10.2)
Thin net interest margin of 0.0%
Expensive relative to growth - PEG of 3.8
Company's return on assets is weak at 1.3%

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Financial ServicesFinanceFinance - NBFC

Part ofNIFTYLARGEMIDCAP250 NIFTYMIDCAP150 NIFTY MIDCAP 150 NIFTY MIDCAP 100 NIFTY 500

S.No.	Name
1.	BAJFINANCE	1046.00	32.08	651234.82	0.57	6080.60	27.60	23165.45	20.37	10.87	70.70
2.	SHRIRAMFIN	1038.00	21.58	244239.69	1.04	3452.77	59.90	13400.43	17.46	11.49	74.63
3.	CHOLAFIN	1849.10	27.46	157925.34	0.11	1656.22	45.56	8856.29	21.89	9.70	70.07
4.	TATACAP	362.95	28.51	154067.52	0.16	16281.80	1464.16	88219.30	1051.00	8.66	75.72
5.	JIOFIN	231.15	73.86	152631.62	0.26	830.25	155.73	2004.47	227.28	2.11	69.71
6.	BAJAJHLDNG	10971.00	13.79	122100.11	1.78	2708.08	-92.27	394.33	23.34	14.81	684.72
7.	MUTHOOTFIN	2840.00	10.03	114017.05	1.06	2824.84	43.08	8671.60	36.25	15.87	83.76
8.	ABCAPITAL	400.00	26.68	109501.94	0.00	1223.85	43.85	12179.54	137.84	8.82	41.91
9.	LTF	311.25	24.51	78010.22	0.88	915.99	30.70	5212.92	22.38	8.54	62.13
10.	SBICARD	666.00	27.86	63379.43	0.38	664.44	19.51	5040.55	7.60	11.75	29.83
11.	HDBFS	676.50	25.83	56201.25	0.59	785.20	38.31	4937.90	18.71	9.09	57.98
12.	TATAINVEST	646.70	75.94	32719.98	0.53	143.51	-1.91	151.66	6.39	1.57	119.79

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	152	124	51	57	142	142	4	15	143	151	55	36	152
	9	10	6	8	12	9	9	9	11	10	10	10	13
Operating Profit	143	114	44	49	131	133	-5	7	134	144	48	30	182
OPM %	94.29%	91.88%	87.36%	86.31%	91.91%	93.56%	-146.63%	48.68%	94.30%	95.07%	86.75%	81.22%	119.79%
Other Income	0	1	1	0	1	0	0	0	1	0	3	2	0
Interest	5	5	1	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	1	1	1	1	1	1
	138	110	44	49	131	133	-6	7	134	143	50	30	181
Tax %	2.92%	-1.14%	14.71%	23.77%	18.75%	24.54%	-16.90%	-28.98%	16.13%	13.48%	10.92%	-19.36%	20.74%
Net Profit	0	0	0	0	131	124	196	377	146	148	754	638	144
	29	25	11	12	26	2	0	1	29	3	1	1	0

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	270	158	177	144	163	254	277	383	305	397	394
	33	19	21	41	20	25	32	33	39	42	44
Operating Profit	237	139	156	103	143	229	245	350	266	355	350
OPM %	87.90%	87.87%	88.00%	71.36%	87.96%	90.17%	88.49%	91.40%	87.26%	89.42%	88.89%
	0	0	0	5	0	0	1	3	1	6	6
Interest	0	0	0	0	0	0	8	11	0	1	1
Depreciation	0	0	0	1	1	1	1	1	2	4	4
Profit before Tax	237	147	147	101	167	246	272	406	368	474	404
Tax %	16.17%	10.76%	8.93%	10.59%	7.64%	12.79%	7.54%	5.17%	15.30%	8.52%	13.94%
Net Profit	199	131	134	90	155	214	252	385	312	434	348
EPS	36.37	23.79	24.48	17.89	30.44	42.34	49.78	76.09	61.68	8.57	—
Dividend Payout %	49.49%	84.07%	75.64%	100.60%	78.86%	129.89%	96.42%	36.80%	43.77%	39.67%	—

COMPOUNDED SALES GROWTH

10 Years:: 5%
5 Years:: 19%
3 Years:: 13%

COMPOUNDED PROFIT GROWTH

10 Years:: 8%
5 Years:: 23%
3 Years:: 20%

STOCK PRICE CAGR

10 Years:: 28%
5 Years:: 38%
3 Years:: 38%
1 Year:: -5%

RETURN ON EQUITY

10 Years:: 2%
5 Years:: 1%
3 Years:: 1%
Last Year:: 1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	55	55	51	51	51	51	51	51	51	51
Minority Interest	1	1	1	1	2	2	2	0	0	0
	2,463	8,247	7,874	8,007	14,188	19,625	19,521	29,915	31,040	29,171
	0	0	0	0	0	0	240	10	13	10
Trade Payables	10	6	6	5	2	4	4	9	3	7
	297	1,847	1,883	347	804	1,525	1,539	3,133	3,994	3,735
Total Liabilities	2,827	10,156	9,814	8,411	15,047	21,206	21,357	33,116	35,100	32,974
	14	14	14	15	14	16	15	14	16	16
	2,480	9,816	9,432	8,128	14,836	20,893	21,009	32,485	34,626	32,453
	0	0	0	0	0	0	0	6	0	1
Cash & Bank	14	13	19	25	22	13	39	342	16	9
	319	314	350	243	175	284	293	270	442	495
Total Assets	2,827	10,156	9,814	8,411	15,047	21,206	21,357	33,116	35,100	32,974

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	106	114	138	136	98	179	289	235	206	279
Cash from Investing	-78	41	496	12	3	4	-189	366	-166	-148
Cash from Financing	-1	-119	-584	-123	-95	-122	-47	-495	-143	-138
	-11	-12	4	7	-6	4	-6	106	-102	-6

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026

Shareholding Pattern

Numbers in percentages

Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
73.38	73.38	73.38	73.38	73.38	73.38	73.38	73.38	73.38
2.35	2.26	2.24	2.46	2.54	2.69	2.54	2.62	2.66
0.48	0.50	0.52	0.53	0.53	0.53	0.53	0.54	0.56
0.49	0.49	0.49	0.49	0.49	0.49	0.41	0.41	0.41
23.30	23.36	23.36	23.13	23.05	22.90	23.13	23.04	22.97

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-10

Spurt in Volume

2026-09-10 - Significant increase in volume has been observed in Tata Investment Corporation Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Tata Investment Corporation Limited has submitted their response.

2026-09-10

Spurt in Volume

2026-09-10 - Significant increase in volume has been observed in Tata Investment Corporation Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited.

2026-08-11

Copy of Newspaper Publication

2026-08-11 - Tata Investment Corporation Limited has informed the Exchange about Copy of Newspaper Publication

2026-08-07

Spurt in Volume

2026-08-07 - Significant increase in volume has been observed in Tata Investment Corporation Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Tata Investment Corporation Limited has submitted their response.

2026-08-07

Spurt in Volume

2026-08-07 - Significant increase in volume has been observed in Tata Investment Corporation Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited.

2026-08-06

Copy of Newspaper Publication

2026-08-06 - Tata Investment Corporation Limited has informed the Exchange about Copy of Newspaper Publication

2026-08-04

Outcome of Board Meeting

2026-08-04 - Tata Investment Corporation Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.

2026-07-15

Credit Rating

2026-07-15 - Tata Investment Corporation Limited has informed the Exchange about Credit Rating

2026-07-07

General Updates

2026-07-07 - Tata Investment Corporation Limited has informed the Exchange about ESG Rating Update.