TTM Profile
Tata Tata Motors Limited (TTM) is an Indian multinational automotive manufacturing company, trading under the ticker symbol TTM. The company produces a range of commercial and passenger vehicles, including cars, trucks, vans, buses, and construction equipment. Tata Motors, founded in 1945 and headquartered in Mumbai, India, operates in two main segments: Automotive and Other Operations. The Automotive segment encompasses the design, development, manufacturing, marketing, and sale of a wide array of commercial and passenger vehicles. The Other Operations segment includes the manufacturing of construction equipment, machine tools, and factory automation solutions.
For the fiscal year 2022, Tata Motors reported consolidated revenue of INR 3,23,518 crore (approximately USD 43.6 billion), reflecting a 40.5% growth compared to the previous year. Despite this revenue growth, the company recorded a net loss of INR 4,365 crore (approximately USD 590 million), primarily due to the adverse impacts of the COVID-19 pandemic on the automotive industry. The company's earnings before interest, taxes, depreciation, and amortization (EBITDA) margin for the year stood at 9.9%. As of March 18, 2023, Tata Motors has a market capitalization of approximately USD 20.6 billion. The company's stock has been trading on the New York Stock Exchange (NYSE) since 2004. Over the past 52 weeks, the stock has ranged from USD 13.51 to USD 34.55 per share. On March 18, 2023, the stock was trading at USD 25.61 per share.
Tata Motors' business strategy revolves around four key pillars: driving growth and profitability, enhancing customer experience, fostering innovation and future-readiness, and building a sustainable business. The company aims to achieve growth and profitability by expanding its product portfolio, optimizing its cost structure, and increasing its market share. Tata Motors is also investing heavily in research and development to develop advanced technologies and sustainable mobility solutions. The automotive industry is highly competitive and subject to demand fluctuations, regulatory changes, and technological advancements. Tata Motors faces intense competition from both domestic and international players. Additionally, the COVID-19 pandemic has significantly impacted the automotive industry, causing supply chain disruptions, lower demand, and increased costs. The company's ability to navigate these risks and challenges will be crucial to its long-term success.
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