Synopsis:
Tata Investment Corporation Ltd is in focus after the company announced the approval of a stock split in the ratio of 1:10, and also revenue growing by a staggering 785% and net profit growing by 288% from its previous quarter.
The shares of this leading Tata Group investment company are in focus after the company reported a strong quarter performance and a stock split in the ratio of 1:10. In this article, we will dive deep into the details.
With a market capitalization of Rs 35,670 crores, the shares of Tata Investment Corporation Ltd are currently trading at Rs 7,050 per share, down by 13 percent from its 52-week high of Rs 8,075.90 per share. Over the past five years, the stock has delivered an impressive return of 812 percent.
Tata Investment Corporation’s Board has approved a stock split at a ratio of 1:10. This means that each existing equity share, which has a face value of Rs. 10, will be divided into 10 new equity shares, with a face value of Rs. 1.
The goal behind this decision is to boost liquidity in the stock and make it more accessible for retail investors. The record date for the stock split will be announced after the shareholders give their approval through a postal ballot.
For example, if you currently hold 100 shares of Tata Investment Corporation with a face value of Rs. 10 each, after the 1:10 stock split, you will hold 1,000 shares with a face value of Rs. 1 each. The total value of your holding remains the same, but the number of shares increases.
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Q1 Highlights
The company reported a revenue of Rs 145.46 crore in Q1 FY26, up by 2 percent from its Q1 FY25 revenue of Rs 142.46 crore. On a QoQ basis, it increased by 785 percent from Rs 16.43 crore.
Coming to its profitability, the company reported a net profit growth of 12 percent to Rs 146.30 crore in Q1 FY26 from Rs 131.07 crore in Q1 FY25. On a QoQ basis, net profit grew by 288 percent from Rs 37.72 crore.
The stock delivered a poor ROE and ROCE of 1.02 percent and 1.21 percent respectively, and is currently trading at a high P/E of 115.41x as compared to its industry average of 25.41x.
Tata Investment Corporation Ltd is an NBFC company, and it operates as an investment company in India. Its activities primarily include investing in long-term investments in equity shares, equity-related securities, and other securities of companies in a wide range of industries. The company also distributes mutual funds and other investment-related securities.
Written by Satyajeet Mukherjee
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