136

1297

1640

1964-65

1965-66

1845

1845

1949

1949

1949

1949

2013

2328

2118

3151

3151

3151

4320

4226

5421

5442

1969-70

1970-71

1971-72

1972-73

1973-74

1974-75

1975-76

1976-77

1977-78

1978-79

1979-80

1980-81

1981-82

1982-83

1983-84

1984-85

1845

1198

1963-64

1968-69

1000

1962-63

1845

1000

1961-62

1845

1000

1960-61

1966-67

1000

1959-60

1967-68

1000

1958-59

658

1955-56

700

627

1954-55

700

500

1953-54

1957-58

200

1956-57

100

1949-50

Capital

1945-46

Year

15188

14103

12458

10275

8095

6263

5106

4721

3833

3691

2827

2394

2194

2020

1516

1333

1295

1121

1027

995

787

630

450

432

367

282

206

117

149

120

27

27

11

30226

25473

23361

25476

15773

17739

11033

11986

11816

9399

9196

6434

5324

6019

6048

6543

5856

5350

4299

3541

3275

2470

1758

1471

1263

1014

1245

1551

1382

812

481

412

94

52819

46838

43191

38819

33055

28405

24900

22430

20709

18642

15838

13497

12227

10931

10060

9242

8584

7697

6841

5432

4789

3920

3281

2954

2593

2201

2050

1675

1352

1010

792

731

233

31

26826

23078

20219

18244

16496

15099

13895

12723

11685

10625

9593

8471

7491

6487

5620

4886

4236

3608

3039

2540

2144

1802

1550

1336

1118

940

780

668

474

407

303

270

44

CAPITAL ACCOUNTS (` in lakhs)

Reserves
Borrowings Gross Block Depreciation
and Surplus

25993

23760

22972

20575

16559

13306

11005

9707

9024

8017

6245

5026

4736

4444

4440

4356

4348

4089

3802

2892

2645

2118

1731

1618

1475

1261

1270

1007

878

603

489

461

189

29

Net Block

93353

85624

86522

79244

60965

44827

37486

28105

28250

27003

22510

16290

15653

15849

13624

9935

10590

9499

9065

7938

6613

5151

4364

4164

3735

2825

2645

2694

2145

1198

445

321

167

12

Turnover

3895

2923

2187

1993

1616

1300

1200

1101

1145

1054

1134

902

820

758

749

662

630

572

505

398

345

260

223

220

180

161

113

129

70

105

35

97

15

2703

2163

3481

4188

2437

1762

1514

1044

1056

855

677

1007

832

885

673

274

582

395

620

477

479

404

327

378

313

222

155

99

116

125

11

390

235

460

91

136

450

360

379

270

173

66

192

189

208

200

185

188

122

93

13

27

32

2313

1928

3021

4188

2437

1762

1514

1044

1056

764

541

557

472

506

403

274

409

329

428

288

271

204

142

190

191

129

142

93

89

93

REVENUE ACCOUNTS (` in lakhs)

Depreciation Profit/ (Loss)
Taxes
Profit/ (Loss)
Before
After Taxes
Taxes

FINANCIAL STATISTICS

1241

923

827

839

605

605

467

313

323

276

266

180

266

273

251

221

235

235

235

191

157

144

124

124

126

108

56

52

44

59

Dividend
including
tax

2.5%

2.3%

3.5%

5.3%

4.0%

3.9%

4.0%

3.7%

3.7%

2.8%

2.4%

3.4%

3.0%

3.2%

3.0%

2.8%

3.9%

3.5%

4.7%

3.6%

4.1%

4.0%

3.3%

4.6%

5.1%

4.6%

5.4%

3.5%

4.1%

7.8%

0.0%

0.9%

3.6%

8.3%

PAT to Sales

4.32

3.61

7.34

10.18

8.27

5.96

5.36

5.37

5.38

4.60

3.32

3.43

2.87

3.04

2.49

1.72

2.66

2.10

2.80

2.20

2.39

1.97

1.68

2.28

2.26

1.50

1.68

1.72

1.64

1.32

0.00

0.11

0.03

0.07

2.30

2.00

2.00

2.00+

2.00

2.00

1.60+

1.50

1.50+

1.50

1.50

0.93

1.50

1.50

1.45

1.35

1.45

1.45

1.45+

1.45

1.45

1.45

1.45

1.45

1.45

1.25

0.90

0.90

0.80

0.60

RATIOS
Earnings Per
Dividend Per
Share (Basic)*
Share*#
(`)
(`)
Ordinary
A Ordinary
Ordinary
A Ordinary
Share
Share
Share
Share

39

37 @

40

35 $

38

31

27

35

30

33

28

26

24

23

20

19

19

18

17

18

17

16

15

15

14

13

12

12

13

12

11

11

10

10

Net Worth
Per Share*
(`)

Sixty-sixth annual report 2010-2011

Tata Motors Limited

639458 3206467

48200
41495

54755
1250

165190
205338
257318
257647
101376
282954
219652

45016
52094
58629
65231
87454
103387
136077

38470

58946

65972

52450

21026

51037
129234

(5548)

38260

(10921)

35468

400

36213

7520
(50034)

970

10716

28132
34737

3414

32880

25924
34261

23810

100046

20924

13246
23070

45141
76072

11967
16444

26
20

3030
10195

7456

7800

9410

20884

6475

9250

67639

191346

181182

224008

146703

99194

34570

65968

56778

3.5%

5.6%

3.4%

6.0%

6.0%

6.3%

6.0%

5.2%

2.8%

14430
31825

0.8%

7803

1.5%

4.0%

8520

15484

51715

100126

5.6%
6.7%

30.28

42.37

22.70

52.64

49.76

40.57

34.38

24.68

9.38

(1.98)

(18.45)

2.78

3.81

11.51

30.40

21.92

23.29

7.91

2.47

1.0%
2.7%

12.45

13.69

9.87

6.74

4.25

0.51

3.00

30.78

42.87

23.20

15.00
20.00

20.50

15.50

6.50

6.00

15.00

15.00

13.00

12.50!

8.00

4.00

2.50

3.00

5.50

8.00

6.00

6.00

4.00

3.00

4.00

4.00

3.00

2.50

1.00
2.30

2.30

RATIOS
Earnings Per
Dividend Per
Share (Basic)*
Share*#
(`)
(`)
Ordinary
A Ordinary
Ordinary
A Ordinary
Share
Share
Share
Share

4.1%

7.5%

152888
202892

5.2%
5.5%

22067

14300

8068

5020

123695

81034

30011

(5373)

(50034)

7120

9746

29466

76236

53002

31895

10175

3642

4389

13084
3004

3126
4154

10254

4.2%

1.9%

1356
2444

0.2%

1.6%

PAT to Sales

552

1243

Dividend
including
tax

14205

4575

14829
23455

4891
5426

7003

1510

4315

293

1617

8513

3205

3822

215
2695

293

2157
510

1832

3399

REVENUE ACCOUNTS (` in lakhs)

Depreciation Profit/ (Loss)
Taxes
Profit/ (Loss)
Before
After Taxes
Taxes

Notes :
@
On increased capital base due to conversion of Bonds / Convertible Debentures / Warrants / FCCN into shares.
$
On increased capital base due to issue of Bonus Shares. Net Worth excludes ordinary dividends.
*
Equivalent to a face value of `10/- per share.
#
Includes Interim Dividend where applicable.
+
Including on Bonus Shares issued during the year.
!
Includes a special dividend of `2.50 per share for the Diamond Jubilee Year.
++ On increased capital base due to Rights issue and conversion of FCCN into shares.
^
On increased capital base due to GDS issue and conversion of FCCN into shares.
^^ On increased capital base due to QIP issue and conversion of FCCN into shares.

745396

648434

452123 2429052

369651 2064866

846625 1747563 5231923

345428

721292 1643604 4021755

715079

324780 1555242

336807 1085874

63771 1937559 1589875 2594188

38554

2007-08

293684

249542

302369

271307

57060 1439487 1659454 2364896

38541

2006-07

515420

374960

627149

125977

891806

816422

896114

2010-11

38287

2005-06

608114

145831

347834

382360

398415

2009-10

36179

2004-05

323677

227733

243172

209067

182818

659395

736279

625990 1459216 2949418

35683

2003-04

591006

230772

591427

581233

404531

345174

51405 1171610 1316556 2085206

31983

2002-03

214524

299888

300426

165334

141899

2008-09

31982

2001-02

299788

349822

569865

487073

268107 1012843

790967

568312

374786

309156

317965

259599

196910

167642

140255

119689

102597

544352 1045227 3357711

25590

2000-01

344523

330874

117009

197259

135489

107539

91902

68491

52675

48418

44995

41092

37438

32913

489454

25590

1999-00

350505

349930

385116

96980

81595

70285

61710

54609

48219

43070

38460

34620

30914

29030

628052 1589579

25590

1998-99

253717

294239

217084

177824

153612

123100

100894

91488

83455

75712

68352

61943

Turnover

400914 1128912

25588

1997-98

339169

128097

115569

141320

144145

105168

48323

48883

32396

44406

53476

44651

Net Block

440151

25588

1996-97

217400

128338

70745

64207

61863

47921

37870

30740

17491

15886

16551

CAPITAL ACCOUNTS (` in lakhs)

Reserves
Borrowings Gross Block Depreciation
and Surplus

892274

13694

24182

1994-95

1995-96

12510

12867

1992-93

11765

1991-92

1993-94

10444

10501

1988-89

10387

6431

1987-88

1989-90

5452

1990-91

5452

1986-87

Capital

1985-86

Year

137

315 ^^

262 ^

238 **

203 @

178 @

145 @

114 @

102 @

81

77 @

127

147

147

147

143

100

104

65

63

67 @

56

47

40 @

38 @

40

41

Net Worth
Per Share*
(`)