TMPV
Tata Motors Passenger Vehicles Limited
Each stock's 10,000-path forecast, rendered as light.
Tata Motors Passenger Vehicles Limited (TMPV) Stock Analysis & Case Study
Is TMPV a good buy? The data-driven verdict.
Tata Motors Passenger Vehicles Limited (TMPV) trades at ₹345,on the numbers it worth a closer look, a Downstox Snapshot Score of 67/100.
On the numbers, Tata Motors Passenger Vehicles Limited (TMPV) worth a closer look, a Downstox Snapshot Score of 67/100, weighing inexpensive at 1.5× earnings, ROE of 75.7%, a 51% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
TMPV fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How TMPV ranks against the 2,373 companies in our screener
- TMPV's market cap of 1.28L Cr ranks in the top 3% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- TMPV's book value of ₹304 ranks in the 81st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- TMPV's promoter holding of 42.5% ranks in the 19th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- TMPV's 3-year profit (PAT) growth of 232.0% ranks in the top 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- TMPV's 3-year revenue growth of -1.0% ranks in the 22nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- TMPV's debt-to-equity ratio of 0.71x is lower than 24% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is TMPV overvalued? TMPV P/E vs peers
TMPV trades at 1.5× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
TMPV share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of TMPV history (-4%/yr drift, 48%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| TMPV 2027 | ₹191 | ₹351 | ₹646 | +1% |
| TMPV 2028 | ₹150 | ₹355 | ₹838 | +2% |
| TMPV 2029 | ₹126 | ₹359 | ₹1,024 | +3% |
| TMPV 2030 | ₹106 | ₹363 | ₹1,242 | +5% |
| TMPV 2031 | ₹94 | ₹367 | ₹1,428 | +6% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability TMPV goes up, or doubles?
The bull case for TMPV
- TMPV's P/E of 1.5x is lower than 96% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Low price-to-book of 1.13×, the market is paying little over the company's net assets.
- TMPV's return on equity of 75.7% ranks in the top 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,024.
The bear case & risks
- High historical volatility (48%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹126.
TMPV volatility & expected range, how bumpy is the ride?
Over the last 9.8 years TMPV compounded at -4%/year with annualized volatility of 48%. That volatility implies a 1-year 80% range of ₹191-₹646, the honest backbone behind any single price target.
TMPV price forecast, the full 60-month probability fan
TMPV price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds TMPV hits common targets within the simulated horizon?
Full multi-horizon detail on the TMPV price target & forecast page.
TMPV Piotroski F-Score: 5/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. TMPV scores 5/8, mixed financial health.
TMPV MTF margin & leverage across 10 brokers
Margin Trading Facility lets you buy TMPV with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 26.69% | 3.7× |
| Zerodha | 25.70% | 3.9× |
| Groww | 25.77% | 3.9× |
| DhanCHEAPEST | 23.16% | 4.3× |
| Kotak Neo | 23.20% | 4.3× |
| Paytm Money | 23.82% | 4.2× |
| Pocketful | 30.49% | 3.3× |
| Anand Rathi | 30.16% | 3.3× |
| Bajaj Broking | 24.00% | 4.2× |
| Share India | 30.27% | 3.3× |
Compare every broker on the TMPV MTF page.
About Tata Motors Passenger Vehicles Limited: sector, index & market-cap context
Tata Motors Passenger Vehicles Limited (TMPV) is a large-cap NSE-listed company, and a constituent of the Nifty 50 index, with a market capitalisation of ₹1.28L Cr. See more stocks on our screener.
How the TMPV Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Tata Motors Passenger Vehicles Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
TMPV analysis, FAQs
Is Tata Motors Passenger Vehicles Limited (TMPV) a good buy?
On the numbers, Tata Motors Passenger Vehicles Limited (TMPV) worth a closer look, a Downstox Snapshot Score of 67/100, weighing inexpensive at 1.5× earnings, ROE of 75.7%, a 51% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is TMPV overvalued or undervalued?
TMPV trades at 1.5× earnings, inexpensive versus the ~22× long-run Nifty average.
What is the TMPV share price target for 2031?
TMPV's probability-weighted 2031 median target is ₹367, with an 80% range of ₹94-₹1,428 (10,000-path Monte-Carlo).
What is the probability TMPV doubles in 5 years?
The modelled probability of TMPV reaching ₹694 (2×) within 5 years is 27%.
What is the bull case for TMPV?
TMPV's P/E of 1.5x is lower than 96% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. Low price-to-book of 1.13×, the market is paying little over the company's net assets. TMPV's return on equity of 75.7% ranks in the top 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in TMPV?
High historical volatility (48%/yr) means a wide, bumpy range of outcomes, size positions accordingly.