Tata Investment Corporation Ltd
Tata Investment Corporation Ltd is primarily engaged in the business of investment in listed and unlisted equity shares, debt instruments and mutual funds etc. of companies in a wide range of industries.
The company is a NBFC registered with the RBI under the category of Investment Company.[1]
- Market Cap ₹ 53,970 Cr.
- Current Price ₹ 1,067
- High / Low ₹ 1,185 / 515
- Stock P/E 175
- Book Value ₹ 608
- Dividend Yield 0.26 %
- ROCE 1.09 %
- ROE 0.93 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 66.4%
Cons
- Tax rate seems low
- Company has a low return on equity of 1.09% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Financial Services Financial Services Finance Investment Company
Part of BSE 500 Nifty 500 BSE SmallCap BSE Allcap BSE Financial Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
221 | 231 | 252 | 271 | 161 | 182 | 149 | 140 | 253 | 288 | 325 | 368 | 398 | |
15 | 15 | 18 | 31 | 19 | 21 | 19 | 19 | 24 | 29 | 32 | 37 | 36 | |
Operating Profit | 206 | 216 | 234 | 240 | 142 | 161 | 130 | 121 | 229 | 259 | 293 | 331 | 361 |
OPM % | 93% | 93% | 93% | 89% | 88% | 88% | 87% | 86% | 90% | 90% | 90% | 90% | 91% |
2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 1 | |
Interest | -0 | -0 | -0 | -0 | -0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 2 |
Profit before tax | 208 | 216 | 234 | 240 | 142 | 161 | 129 | 120 | 228 | 259 | 293 | 331 | 360 |
Tax % | 14% | 14% | 14% | 16% | 11% | 8% | 8% | 9% | 12% | 7% | 3% | 15% | |
179 | 187 | 203 | 202 | 127 | 148 | 119 | 109 | 201 | 241 | 284 | 283 | 309 | |
EPS in Rs | 3.24 | 3.38 | 3.68 | 3.67 | 2.30 | 2.92 | 2.34 | 2.15 | 3.98 | 4.76 | 5.61 | 5.58 | 6.11 |
Dividend Payout % | 52% | 50% | 46% | 49% | 87% | 69% | 77% | 112% | 138% | 101% | 50% | 48% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 20% |
3 Years: | 13% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | 19% |
3 Years: | 12% |
TTM: | 8% |
Stock Price CAGR | |
---|---|
10 Years: | 34% |
5 Years: | 64% |
3 Years: | 61% |
1 Year: | 43% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 1% |
3 Years: | 1% |
Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 55 | 55 | 55 | 55 | 55 | 51 | 51 | 51 | 51 | 51 | 51 | 51 |
Reserves | 2,010 | 2,094 | 2,181 | 2,390 | 8,127 | 7,770 | 7,923 | 14,060 | 19,482 | 19,352 | 29,641 | 30,739 |
-0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |
122 | 124 | 13 | 18 | 1,556 | 1,547 | 121 | 644 | 1,312 | 1,274 | 2,903 | 3,746 | |
Total Liabilities | 2,188 | 2,273 | 2,249 | 2,462 | 9,738 | 9,367 | 8,095 | 14,754 | 20,845 | 20,677 | 32,595 | 34,535 |
0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 1 | 160 | |
CWIP | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
Investments | 2,142 | 2,232 | 2,197 | 2,420 | 9,702 | 9,341 | 8,049 | 14,706 | 20,780 | 20,472 | 32,557 | 34,343 |
46 | 41 | 51 | 42 | 35 | 26 | 44 | 48 | 62 | 203 | 37 | 32 | |
Total Assets | 2,188 | 2,273 | 2,249 | 2,462 | 9,738 | 9,367 | 8,095 | 14,754 | 20,845 | 20,677 | 32,595 | 34,535 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
83 | 93 | 90 | 69 | 68 | 95 | 112 | 86 | 127 | 215 | 215 | 204 | |
-46 | 17 | 145 | -79 | 41 | 494 | 12 | 6 | -4 | 63 | 37 | -68 | |
-103 | -110 | -225 | -1 | -119 | -584 | -122 | -95 | -122 | -279 | -244 | -143 | |
Net Cash Flow | -66 | 1 | 11 | -11 | -10 | 4 | 1 | -3 | 1 | -1 | 7 | -6 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 3 | 1 | 0 | 0 | 32 | 0 | 2 | -0 | 58 | 0 | 0 | -0 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 3 | 1 | 0 | 0 | 32 | 0 | 2 | -0 | 58 | 0 | 0 | -0 |
Working Capital Days | -144 | -148 | 42 | 12 | 21 | -14 | -14 | -8 | -909 | 180 | -15 | -13 |
ROCE % | 10% | 10% | 11% | 10% | 3% | 2% | 2% | 1% | 1% | 1% | 1% | 1% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Oct - Newspaper Advertisement regarding the opening of special window for re-lodgement of transfer requests of physical shares and Initiative under 100 days campaign titled "Saksham Niveshak"
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Intimation Regarding Update In Contact Details Of MUFG Intime India Private Limited, Registrar And Transfer Agent (''RTA'') Of The Company
7 Oct - RTA MUFG Intime email changed to investor.helpdesk@in.mpms.mufg.com effective October 1, 2025.
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Announcement under Regulation 30 (LODR)-Retirement
24 Sep - Vice‑Chairman Farokh Subedar retires upon turning 70; effective September 24, 2025.
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Letters Sent To Physical Shareholders
23 Sep - 10-for-1 share sub-division to Re.1 shares; demat/details by Oct 9, 2025; record date Oct 14, 2025.
- Sub-Division Of Equity Shares 22 Sep
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from nse
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Financial Year 2013
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Financial Year 2012
from bse
Investment Portfolio
The company has a diversified investment portfolio consisting of investments in companies in the form of equity & bonds. They have invested in 85 companies as on 31st March, 2023, out of which 62 are Quoted and 23 are unquoted companies.[1]
The company invests in Tata and non-Tata companies, though investments in Tata companies constitute a larger portion of company's portfolio.[2]