About Tata Passenger Electric Mobility Limited
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Tata Passenger Electric Mobility Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Tata Motors Limited. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 21 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U34100MH2021PLC373648. Its GSTIN is 27AAJCT0763F1ZA (Maharashtra). The company holds 17 GST registrations, all of them active.
The company has an authorised share capital of ₹9,000 Cr and a paid-up capital of ₹8,200 Cr. It is led by directors including Shailesh Chandra (Managing Director) and Vedika Bhandarkar.
Its last annual general meeting (AGM) was held on 01 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Nanavati Mahalaya Flr 3 & 4 Plot 18 Mudhana Shetty Marg Nr Bse Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹15,247 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹95 Cr (net margin 0.6%) and EBITDA of ₹430 Cr (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 904% over three years.
The company has about 1,197 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tata Motors. As per MCA filings, the company has open charges of ₹1,800 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹7,500 Cr; the latest was in March 2022. Its 3 peer companies in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles) are compared by revenue, 3 smaller; the largest is Byd India Private Limited with revenue of ₹10,295 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tatamotors.com.
Company details
Contact details
Tata Passenger Electric Mobility Limited's registered office is in Mumbai, Maharashtra. Its website is tatamotors.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNanavati Mahalaya Flr 3 & 4 Plot 18 Mudhana Shetty Marg Nr Bse Fort, Mumbai, Maharashtra, India – 400001
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Tata Passenger Electric Mobility Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Tata Passenger Electric Mobility operates one associated brand: Tata Motors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cars, trucks, buses, and electric vehicles are manufactured. | tatamotors.com |
Business activity
The main business activity of Tata Passenger Electric Mobility is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Tata Passenger Electric Mobility Limited, buy the company report.
Financials of Tata Passenger Electric Mobility Limited
FY 2025 filings availableTata Passenger Electric Mobility Limited reported revenue of ₹15,247 Cr (up 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 904% over three years, including 47% growth in the latest year. EBITDA rose 230% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹430 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹95 Cr | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.8% | |||
| Net Profit Margin | 0.6% | |||
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To see the full financial statements and ratios of Tata Passenger Electric Mobility Limited, buy the company report.
Board of directors of Tata Passenger Electric Mobility Limited
Tata Passenger Electric Mobility has 6 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vedika Bhandarkar | Director | 21 Dec 2021 | 4 Years 10 Months | Current |
| Pathamadai Balachandran Balaji Also directs: Tata Motors Passenger Vehicles Limited, Tata Motors Limited, Agratas Energy Storage Solutions Private Limited and 1 more | Director | 21 Dec 2021 | 4 Years 10 Months | Current |
| Shailesh Chandra Also directs: Tata Motors Passenger Vehicles Limited, Tata Technologies Limited | Managing Director | 21 Dec 2021 | 4 Years 10 Months | Current |
| Ankur Nand Thadani Also directs: Asia Healthcare Holdings Advisory LLP, Karbonite Ventures LLP, Dr. Agarwal's Health Care Limited and 4 more | Director | 30 Mar 2022 | 4 Years 7 Months | Current |
| Usha Sangwan Also directs: Tata Motors Passenger Vehicles Limited, Torrent Power Limited, Tata Technologies Limited and 3 more | Director | 21 Mar 2023 | 3 Years 7 Months | Current |
| Dhiman Gupta Also directs: Tata Technologies Limited, Fiat India Automobiles Private Limited | Additional Director | 06 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Tata Passenger Electric Mobility Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tata Passenger Electric Mobility Limitedthis company | ₹15,247 Cr (FY 2025) | ₹95 Cr | 0.6% | 47.0% | 1,197 | Mumbai, Maharashtra, India |
| Byd India Private Limited | ₹10,295 Cr (FY 2025) | 38.0% | Kanchipuram, Tamil Nadu, India | |||
| Ola Electric Technologies Private Limited | ₹4,719 Cr (FY 2025) | -8.0% | Bangalore, Karnataka, India | |||
| Ather Energy Limited | ₹2,305.2 Cr (FY 2025) | 29.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Tata Passenger Electric Mobility Limited, buy the company report.
Auditor
Tata Passenger Electric Mobility Limited is audited by B S R & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & CO LLP | FY 2023 | 101248W/W100022 |
Shareholding
The shareholding of Tata Passenger Electric Mobility Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Tata Passenger Electric Mobility Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 May 2025 | 101098557 | Sbicap Trustee Company Limited | ₹1,800 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Tata Passenger Electric Mobility Limited has 1 deal on record (1 funding round), with disclosed funding of ₹7,500 Cr; the latest was in March 2022.
To see the full deal history of Tata Passenger Electric Mobility Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Tata Passenger Electric Mobility Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (REFER-T-LC) | Filed against the company by an individual | Pending |
To see the full case history of Tata Passenger Electric Mobility Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tata Passenger Electric Mobility Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tata Passenger Electric Mobility Limited has a workforce of 1,197 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Tata Passenger Electric Mobility has 17 GST registrations: 17 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCT0763F1ZA | Maharashtra | Active | 24 Dec 2021 |
| 07AAJCT0763F1ZC | Delhi | Active | 26 Jan 2022 |
| 19AAJCT0763F1Z7 | West Bengal | Active | 23 Feb 2022 |
| 18AAJCT0763F1Z9 | Assam | Active | 25 Feb 2022 |
To see the full GST registrations and return filing status of Tata Passenger Electric Mobility Limited, buy the company report.
Recent activity
Tata Passenger Electric Mobility Limited has 14 board changes on record since 2021: 10 appointments and 4 cessations. The latest: Sitaram Kandi ceased to be Director on 07 Nov 2025.
6 earlier events are in the company report.
News
Frequently asked questions
Tata Passenger Electric Mobility is an active public limited company based in Mumbai, Maharashtra, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 21 December 2021 (5+ years old) and is registered under CIN U34100MH2021PLC373648.
Tata Passenger Electric Mobility has 6 current directors:
- Shailesh Chandra - Managing Director
- Vedika Bhandarkar - Director
- Pathamadai Balachandran Balaji - Director
- Ankur Nand Thadani - Director
- Usha Sangwan - Director
- Dhiman Gupta - Additional Director
The latest financial statements of Tata Passenger Electric Mobility on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 July 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Tata Passenger Electric Mobility is 27AAJCT0763F1ZA, registered in Maharashtra. The company has 17 GST registrations in all, of which 17 are active. Other active GSTINs include 07AAJCT0763F1ZC (Delhi), 19AAJCT0763F1Z7 (West Bengal), 18AAJCT0763F1Z9 (Assam).
The CIN (Corporate Identification Number) of Tata Passenger Electric Mobility is U34100MH2021PLC373648. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tata Passenger Electric Mobility has 1 court case on record: 1 filed against it. 1 is pending.
Tata Passenger Electric Mobility was incorporated on 21 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Tata Passenger Electric Mobility has 1 deal on record (1 funding round), with disclosed funding of ₹7,500 Cr; the latest was in March 2022.
The peers of Tata Passenger Electric Mobility by revenue are Byd India Private Limited, Ola Electric Technologies Private Limited, Ather Energy Limited, all in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi trailers and other transport vehicles).
Sitaram Kandi ceased to be Director on 07 Nov 2025. Dhiman Gupta was appointed as Additional Director on 06 Nov 2025. Sitaram Kandi was appointed as Director on 01 Apr 2024. Tata Passenger Electric Mobility has 14 board changes on record in total.
Tata Passenger Electric Mobility can be reached through the website tatamotors.com. Its registered office is in Mumbai, Maharashtra, India.
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