Tata Motors Finance Limited

Provides financing for used vehicles and corporate lending within TML ecosystem.

1992 | Mumbai, Maharashtra (India) | Active
Last Updated: October 26, 2023

Tata Motors Finance Profile

Key Indicators

  • Authorised Capital ₹ 6,500.00 Cr
  • Paid Up Capital ₹ 4,969.39 Cr
  • Company Age 32 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 17,000.00 Cr
  • Revenue Growth 28.07%
  • Profit Growth -60.22%
  • Ebitda 5.75%
  • Net Worth 28.78%
  • Total Assets 8.69%

About Tata Motors Finance

Tata Motors Finance Limited (TMFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 June 1992 and has a history of 32 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Rajasthan Leasing Private Limited.. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 6,500.00 Cr and a paid-up capital of Rs 4,969.39 Cr.

The company currently has active open charges totaling ₹17,000.00 Cr.

The Key Managerial Personnel (KMP) at Tata Motors Finance Limited India are Vinay Lavannis as Company Secretary, Ridhi Gangar serving as the Chief Financial Officer (CFO), and Samrat Gupta as the Chief Executive Officer (CEO). Nasser Munjee, Vedika Bhandarkar, Palamadai Jayakumar, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65910MH1992PLC187184

  • Company No.

    187184

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Jun 1992

  • Date of AGM

    01 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc-Mumbai

Industry

Financial Services

What products or services does Tata Motors Finance Limited offer?

Tata Motors Finance Limited offers a wide range of products and services, including Home, Auto & Other Loan Services, Vehicle Loan, Commercial Vehicles Finance.

Who are the key members and board of directors at Tata Motors Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Samrat Gupta Country flag representing In Managing Director01-Jul-2023Current
Ridhi Gangar CFO(Kmp)01-Jul-2023Current
Vinay Lavannis Company Secretary01-Jul-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Vedika Bhandarkar Country flag representing In Director 11-Mar-2015Current
Pathamadai Balaji Country flag representing In Director 29-Jan-2018Current
Nasser Munjee Country flag representing In Director 09-Jun-2020Current
Palamadai Jayakumar Country flag representing In Director 12-Oct-2020Current
Varsha Purandare Country flag representing In Director 14-Sep-2021Current
Dhiman Gupta Country flag representing In Director 24-May-2022Current

Financial Performance of Tata Motors Finance.

Tata Motors Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.07% increase. The company also saw a substantial fall in profitability, with a 60.22% decrease in profit. The company's net worth Soared by an impressive increase of 28.78%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
28.07%
Revenue from Operations
27.19%
Total Assets
8.69%
Profit or Loss
-60.22%
Net Worth
28.78%
EBITDA
5.75%

What is the Ownership and Shareholding Structure of Tata Motors Finance?

In 2023, Tata Motors Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17,000.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Vistra Itcl (India) Limited : 17000.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Feb 2021Vistra Itcl (India) Limited₹2,000.00 CrOpen
16 Jul 2015Vistra Itcl (India) Limited₹15,000.00 CrOpen

How Many Employees Work at Tata Motors Finance?

Tata Motors Finance has a workforce of 4308 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tata Motors Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Tata Motors Finance's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Tata Motors Finance

Recent activity within the organization

  • Annual General Meeting

    Tata Motors Finance Limited last Annual general meeting of members was held on 01 Aug 2023 as per latest MCA records.

    01 Aug 2023

  • Balance Sheet

    Tata Motors Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with RoC-Mumbai.

    31 Mar 2023

  • Charges

    A charge with Vistra Itcl (India) Limited of Rs. 15,000.00 Cr registered on 16 Jul 2015 with Charge ID 10582673 was modified on 26 May 2022.

    26 May 2022

  • Director Appointment

    Dhiman Gupta was appointed as a Director was appointed as a Director on 24 May 2022 & has been associated with this company since 2 years 8 months .

    24 May 2022

  • Director Appointment

    Varsha Vasant Purandare was appointed as a Director was appointed as a Director on 14 Sep 2021 & has been associated with this company since 3 years 4 months .

    14 Sep 2021

  • Charges

    A charge with Vistra Itcl (India) Limited of Rs. 2,000.00 Cr registered on 26 Feb 2021 with Charge ID 100441279 was modified on 10 Mar 2021.

    10 Mar 2021

Frequently asked questions

  • Tata Motors Finance Limited was incorporated on 16 Jun 1992.

  • The authorized share capital of Tata Motors Finance Limited is ₹ 6,500.00 Cr and paid-up capital is ₹ 4,969.39 Cr.

  • Currently 10 directors are associated with Tata Motors Finance Limited.

    • Nasser Mukhtar Munjee
    • Vedika Bhandarkar
    • Palamadai Sundararajan Jayakumar
    • Pathamadai Balachandran Balaji
    • Varsha Vasant Purandare
    • Samrat Gupta
    • Dhiman Gupta
    • Vinay Lavannis
    • Ridhi Zaveri Gangar
    • Samrat Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tata Motors Finance Limited is 14 4Th Floor Sir H.C. Dinshaw Building, 16 Horniman Circle Fort, Mumbai, Maharashtra, India, 400001.

  • The corporate identification number (CIN) of Tata Motors Finance Limited is U65910MH1992PLC187184 and the company number is 187184 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tata Motors Finance Limited is https://www.tmf.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tata Motors Finance Limited has risen by 28.07%.

  • As Per 2023 financial reports, 4308 employees are currently employed by Tata Motors Finance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tata Motors Finance Limited has experienced an upsurge of 28.78%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tata Motors Finance Limited amount to ₹ 17,000.00 Cr.

  • The most recent Balance Sheet for Tata Motors Finance Limited was filed with the ROC on 31 Mar 2023.

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