What Is Tata Motors’ Revenue Projection For The Next 3 Years?
Tata Motors (NYSE: TTM), the Indian auto company, manufactures vehicles such as cars, trucks, and vans under 3 major brands that are Tata, Jaguar, and Land Rover. The vehicles are sold across various regions such as Asia-Pacific, Europe, Americas, and Africa. The end users are individuals and/or companies as Tata Motors manufactures both passenger vehicles and commercial vehicles. Major competitors are companies like Daimler AG, Toyota Motors, Honda, Ford, Volkswagen, and General Motors.
View our interactive dashboard analysis on Tata Motors Revenues – Past & Forecast? In addition, here is more Consumer Discretionary data.
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JLR pulling down Tata Motors revenue growth:
- Total revenue has been fluctuating due to the Brexit uncertainty and current global auto market slowdown. Revenue increased from $41 billion in FY 2017 to $44.2 billion in FY 2018, but fell to $43.6 billion in FY 2019.
- For FY 2020 (ended March 2020) we expect Total revenue to recover to around $44.2 billion while it is expected to increase further to $44.6 billion and $44.8 billion in FY 2021 and FY 2022.
JLR Revenue expected to continue falling as Brexit Uncertainty and Global Auto Market slowdown:
- JLR revenue has been fluctuating due to the Brexit uncertainty and current global auto market slowdown. For FY 2020 (ended March 2020) we expect revenue to be around $32.2 billion while it is expected to reduce further to $31.5 billion and $30.9 billion in FY 2021 and FY 2022.
- Total Shipments have also been affected and have been falling for the past 3 years. For FY 2020 (ended March 2020) we expect shipments to be around 565.3K while they are expected to reduce further to 531.9K and 515.9K in FY 2021 and FY 2022.
- Meanwhile revenue per shipment saw a rise for the past 3 years. For FY 2020 (ended March 2020) we expect the metric to continue its trend and reach around $58.7K while it is expected to increase further to $59.2K and $59.8K in FY 2021 and FY 2022.
Tata Motors rising shipments pushing revenue growth in domestic market:
- The brand Tata has done well in the past few years and the domestic market is expected to continue expansion. For FY 2020 (ended March 2020) we expect revenue to be around $12.1 billion. Trefis estimates further increase and revenue is expected to be about $13.1 billion and $13.9 billion in FY 2021 and FY 2022 respectively.
- Sales volume has seen a positive growth as it increased from 480.9K in FY 2017 to 679.3K in FY 2019. For FY 2020 (ended March 2020) we expect sales volume to be around 758.1K. Trefis estimates further increase and sales volume is expected to be about 811.1K and 843.5K in FY 2021 and FY 2022 respectively.
- Revenue per vehicle metric fell in FY 2019 to Rs. 922K. For FY 2020 (ended March 2020) we expect the metric to recover and be around Rs. 949.7K. Trefis estimates further increase and the metric is expected to be around Rs. 968.7K and Rs. 997.8K in FY 2021 and FY 2022 respectively.
- Exports of the Tata Brand vehicles is also expected to see a steady growth after increasing to $1.76 billion in FY 2019. Trefis estimates the growth to continue and exports to increase to $1.8 billion, $1.83 billion, and $1.87 billion in FY 2020, FY 2021, and FY 2022, respectively.
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